When one thinks of the late Libyan dictator Muammar Gaddafi, generosity is probably not the first character trait that comes to mind. However, as part of its Important Watches event in Dubai on October 22, Christie’s will auction off a Patek Phillipe watch that was given as a gift by Gaddafi in 1978.
The “Grande Ellipse” watch, Lot 114, is 18k white gold and has a matching white gold bracelet. It was commissioned by Gadaffi to commemorate Libya’s Labor Day in 1978 and features the inscription, “Partners Not Wage-Workers, Col. Kadhafi.” The dial is a pale green hardstone, a reference to Gaddafi’s 1975 Green Book that outlined his political philosophy. It is estimated to fetch $15,000-$25,000 at auction.