*A custom watch created by Jay-Z was auctioned off Monday night for $220,000 during Audemars Piguet’s “Time to Give” event at the Four Seasons Hotel in New York City.

The watch, personally designed and sold by the rap mogul, was among a number of celebrity timepieces auctioned off during the event.

While on stage seeking bidders for a watch signed by actor Kelsey Grammer, Jay-Z reportedly mispronounced his name – calling his first name “Chelsea.”

Grammer “just chuckled and shook his head,” according to the New York Post’s Page Six.