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The Dirty Dozen

Twelve Swiss makers who supplied the 1944-45 British MoD W.W.W. specification: Buren, Cyma, Eterna, Grana, IWC, JLC, Lemania, Longines, Omega, Record, Timor, Vertex.
Hands-On: Breguet Type XX Only Watch 2021 SJX Watches
TAG Heuer Monaco Oct 31, 2021

Hands-On: Breguet Type XX Only Watch 2021

The upcoming Only Watch auction is an impressive catalogue of 53 one-off timepieces, a good number of which – more than a quarter of the total – are chronographs. Among the dozen chronographs, a couple caught my eye. One is the Breguet Type XX Only Watch 2021. It’s essentially an evolution of the Breguet Type 20 created for Only Watch 2019, simple in design and execution but attractive in that simplicity. The Breguet Type XX Only Watch 2021 Initial thoughts Like another notable chronograph in the sale, the TAG Heuer Monaco, the Type XX is reinterpretation of an iconic model of the brand. But the Type XX Only Watch 2021 is a nostalgic reinterpretation with a chocolate-brown dial that evokes the aged, “tropical” effect found on vintage examples. That said, the vintage styling is its only weakness. The Type XX is almost identical to the Type 20 Only Watch 2019 – right down to the strap – though the point can be made that the two make a perfect pair. The Type XX (left), and Type 20 They are each inspired by historical aviator’s watches made for the military and civilian markets respectively (the vintage Type XX was marketed to civilians, while the Type 20 was supplied to the French military). So this year’s Type XX should go home with the owner of the Type 20 from 2019. Almost a doppelgänger – the Type 20 Only Watch 2019 Notably, the Type XX is powered by a vintage movement, though one that is from a later period from an actual vintage Type XX. Still, giv...

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Up Close: IWC Big Pilot Ref. 5003 “Markus Bühler” SJX Watches
IWC Big Pilot Ref 5003 Oct 20, 2021

Up Close: IWC Big Pilot Ref. 5003 “Markus Bühler”

One of the most distinctive Big Pilot’s Watches IWC has ever made is also one of the least known – and even perhaps the rarest model ever. Named after its creator, the Big Pilot’s Watch Edition “Markus Bühler” ref. 5003 was conceived by a then apprentice at IWC and subsequently made it into production, but as a tiny limited edition of only a dozen watches. The fundamentals of the Markus Bühler edition are simple – a gently-modified Unitas 6498 – but the look effectively conveys the purpose of design. With the “turbines” on the front and back, it is unmistakably a pilot’s watch. Initial thoughts When I first saw the Big Pilot Markus Bühler at the time of its launch in 2008, I thought it was silly. Despite being a limited edition, the Big Pilot “Turbine” was a downgrade from the standard Big Pilot’s Watch, going from the impressive, in-house cal. 5000 with a seven-day power reserve to a Unitas, albeit one with unusual, asymmetric striping on the bridges. But I was wrong. The simple yet effective concept – and its intrinsic aesthetic appeal – means the Markus Bühler has grown on me. I rank it amongst the most notable Big Pilots ever. Its appeal lies in the fact that the design is straightforward and symmetrical, with minimal modification to the original Big Pilot dial, save for the seconds. The dial design was the work of Gerd Plange, who’s been part of the IWC design team since 2001. During the period when he designed the “turbine” d...

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Highlights: Vintage Patek Philippe – and One Special Day-Date – at Sotheby’s Hong Kong SJX Watches
Patek Philippe Oct 9, 2021

Highlights: Vintage Patek Philippe – and One Special Day-Date – at Sotheby’s Hong Kong

With Sotheby’s Hong Kong sale just around the corner, we’re rounding up a half-dozen notable vintage watches from the auction, primarily big-ticket Patek Philippe complications. Amongst them a few oddities, one a Patek Philippe ref. 3448 “Senza Luna”, a perpetual calendar with the moon phase omitted, and the other the Rolex Day-Date with a  “Submariner” dial. With the preview exhibition open daily from now till October 12, the auction will take place on October 13. The catalogue and registration for bidding are available on Sothebys.com. Lot 2265: Patek Philippe ref. 130 The oldest watch of the selection is a Patek Philippe ref. 130, the brand’s first serially-produced wristwatch chronograph that remained in the catalogue for over three decades. The model’s longevity makes it an inevitability that a good number of ref. 130 variants exist. Indeed, the model varies greatly in terms case material and dial design, with some combinations being rarer than others. One such rare combination is a steel case with “sector” dial, like the present example. Made by Wenger, the steel cases of the ref. 130 have shorter and wider-spaced lugs compared to the gold cases that made by Vichet, giving the 33 mm case a more imposing appearance Chronograph wristwatches from that era typically feature tiny counters that sit close to the edge of the dial, leaving the dial clean and distinctly vintage. But the “sector” dial here is an entirely different animal – the sect...

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Auction Watch: Enamelled Automaton Masterpieces at Sotheby’s Hong Kong SJX Watches
Patek Philippe chronographs commissioned Oct 5, 2021

Auction Watch: Enamelled Automaton Masterpieces at Sotheby’s Hong Kong

Sotheby’s upcoming Hong Kong Sale is primarily focused on wristwatches, encompassing several unique Patek Philippe chronographs commissioned by Eric Clapton and a dozen examples of early F.P. Journe. But two of the most valuables lots in the auction – and with estimates well into seven-figure US dollar sums – are a pair of museum-quality automata. Made for the Chinese market more than two centuries ago, this pair of objects are tremendously rare and exquisitely decorated in enamel and pearls. Two generations ago, such automata as well as pocket watches were the most respected genre in watch collecting. They were sought after by eminent collectors like the former chairman of HSBC and the German billionaire who was once the fifth-richest man in the world, which is why the record-setting lots in watch auctions of that era were inevitably pocket watches or objects, like the million-dollar Cremsdorff. Almost 400-years old, this pocket watch made by Jehan Cremsdorff sold for £2.175m, or about US$2.734m, including fees, at Sotheby’s in 2019 With the rise of wristwatches as the preeminent collecting category, demand for automata and pocket watches have declined sharply. Now the most expensive timepiece ever sold is the Patek Philippe Grandmaster Chime ref. 6300A mega-complication that sold for over US$33 million in 2019. But elaborately enamelled pocket watches are arguably the closest thing to fine art in horology, because of the intrinsic nature of the artisanal dec...

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Highlights: Watches Owned by Eric Clapton and Hiroshi Fujiwara at Sotheby’s SJX Watches
Patek Philippe chronographs commissioned Sep 29, 2021

Highlights: Watches Owned by Eric Clapton and Hiroshi Fujiwara at Sotheby’s

Sotheby’s upcoming Hong Kong auction is a major event – 266 lots is sizeable – but boasts a surprising lineup of historically significant watches in a variety of genres, from establishment brands to independent watchmaking (including a dozen F.P. Journe), and even museum-quality, enamelled automata. Now we turn to an unusual group of watches from the collections of two well-known watch collectors: musician Eric Clapton and Japanese streetwear guru Hiroshi Fujiwara (who last year designed a watch for TAG Heuer). The all important name on the certificate The ex-Clapton watches have been consigned by the current owners, who number just two. The first consigned all the Rolex sports watches, which he bought direct from Mr Clapton. And the second is a prominent collector from the Southern Hemisphere who consigned the trio of custom-dial Patek Philippe chronographs commissioned by Mr Clapton, a set of watches the owner accumulated primarily at auction. On the other hand, the watches from Mr Fujiwara’s collection come from the man himself. Mr Fujiwara consigned three watches, including a matched pair of ref. 5970 with “Tiffany” dials. We round up eight highlights from these celebrity-owned offerings. The full catalogue and sale registration are available on Sothebys.com. The ex-Clapton Often spotted wearing notable watches, modern and vintage, Eric Clapton has long been known to be a watch aficionado (and also an accomplished collector of Ferrari). Mr Clapton has ...

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Exhibition: Exquisite Pocket Watches in Singapore SJX Watches
Audemars Piguet grand complication Sep 16, 2021

Exhibition: Exquisite Pocket Watches in Singapore

A vintage watch dealer based in Singapore, 2ToneVintage is staging an exhibition that goes down a road less travelled in modern watch collecting – vintage pocket watches instead of the usual fare of wristwatches. The exhibition is open to the public from now till September 30, 2021, but registration is required due to venue capacity limits. Titled The Beginning, the show is made up of several dozen impressive specimens that represent the diversity of pocket watches, ranging from an Ilbery enamel for the Chinese market to a one-off Audemars Piguet grand complication to a Patek Philippe world time with a cloisonné dial. A timeline on the walls of the exhibition charts the development of watchmaking Most of the watches on show belong to Ali Nael, an oil trader who switched careers to found 2ToneVintage. Consequently, a good portion of the exhibition reflects his taste in timepieces – many of the timepieces are mid 20th century watches with elegant two-tone dials in champagne or pink gold. Examples from the early- to mid-20th century dominate the exhibition, with Patek Philippe being the most numerous. The watches largely fall into two categories: simple, time-only watches with delicate details or enamelling, and the highly complicated. Time-only The time-only examples include the Patek Philippe ref. 650 “Flying Saucer” – named after its wide, flat bezel – from 1937 that has a handsome. two-tone contrasting dial. And standing out against the classical style of ...

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Business News: Watchbox Takes Majority Stake in De Bethune [Updated] SJX Watches
Ulysse Nardin who’s now Aug 31, 2021

Business News: Watchbox Takes Majority Stake in De Bethune [Updated]

Watchbox, one of the world’s largest retailers of pre-owned watches, has just announced that it’s taken a majority stake in De Bethune, an independent watchmaker that’s recently enjoying a revival in its fortunes. The deal closed on August 31, according to Patrik Hoffmann, the former chief executive of Ulysse Nardin who’s now the head of Watchbox Switzerland. According to Mr Hoffmann, De Bethune now has just four shareholders, down from a dozen or so previously, with Watchbox holding the largest stake. While Watchbox now has board representation, its investment is largely passive says Mr Hoffmann. Both of De Bethune’s key men will remain in their equity stakes as well as management roles: Pierre Jacques as chief executive and cofounder Denis Flageollet as its technical and watchmaking head. And Mr Hoffmann adds will be no change in terms of De Bethune’s products. “Denis sees the brand DNA so clearly,” continues Mr Hoffmann, “So it would be a big mistake to change that… [since] few brands have the same clearly-defined DNA.” The road from 2002 As the saying goes, history doesn’t repeat itself, but it rhymes. De Bethune was originally cofounded in 2002 by a vintage watch dealer active in the late 20th century, Davide Zanetta, a truly original character who was legendary in his time. Mr Zanetta sold his majority share of the brand in 2017 after many years of losses. One of the investors who bought into the brand in 2017 was Steven Rostovsky, a pre-own...

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Interview: Akio Naito, President of Seiko Watch Corporation SJX Watches
Grand Seiko which has enjoyed notably Aug 27, 2021

Interview: Akio Naito, President of Seiko Watch Corporation

An all-encompassing brand that has something for everyone, Seiko is a 140-year-old brand with a dozen or so lines spanning the price spectrum. Its flagship brand is, of course, Grand Seiko, which has enjoyed notably strong growth outside of Japan after being spun off in 2017. Now we speak with the man who was a key part of this international expansion: Akio Naito. Appointed President of the Seiko Watch Corporation (SWC) earlier this year, Mr Naito now runs the primary watch business of the Seiko group, having climbed the ranks over a four-decade career. He has held roles across various Seiko companies around the world – one of his earliest managerial roles was head of Seiko Australia starting 2002 – and was most recently deputy chief operating officer of SWC. In that role, he was responsible for international sales and marketing. It was during his tenure that Seiko brands enjoyed notably strong growth outside of Japan, most notably with Grand Seiko in America and Europe – two key markets he personally oversaw. Our founder SJX sat down with Mr Naito recently to discuss his plans for Seiko and Grand Seiko, while also touching on topics like complicated watches and the future of watch fairs. The interview has been edited for clarity and length. Mr Naito with Wako’s famous clocktower behind him SJX: I first visited Seiko’s factories in Shiojiri and Shizukuishi 10 or 12 years ago. I like to congratulate you on how the brand has developed in that time, especially Gra...

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Business News: Richemont Sales Recover in Third Quarter SJX Watches
Panerai Jan 20, 2021

Business News: Richemont Sales Recover in Third Quarter

In the third quarter of its financial year – the three months to end-December 2020 – Richemont reported a modest recovery, with sales rising 5% over the same period a year before at constant exchange rates. This modest recovery was enough to moderate its results for the nine months to date, with revenue for the period down 14%, as compared to the drastic 38% plunge in sales for the first half of the year. Owners of over two dozen watch and jewellery brands including Cartier, IWC, and Panerai, the Swiss luxury conglomerate was buoyed by robust demand in Asia, its biggest regional market, as well as the Middle East and Africa. Combined, the two regions make up approximately half of Richemont’s global sales. The Asia Pacific enjoyed a 25% rise in sales, driven largely by exceptional demand in mainland China, where revenue rose an impressive 80% for the period, with sales in Taiwan also seeing a marked 29% increase – both consequence of a return to regular economic activity as the pandemic was brought under control, and the inability to travel and shop overseas. Paradoxically, the results in the Middle East were driven by a revival of tourist spending in Dubai as flights resumed, and domestic spending in Saudi Arabia where citizens cannot easily go abroad. This contributed towards a remarkable 27% increase in sales for the region. Elsewhere, sales too rose, albeit in smaller, single-digit increments. Bolstered by domestic demand, sales in the Americas rose by 3%. Jap...

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Business News: Richemont Sales Halve in First Quarter of 2020 SJX Watches
Panerai suffered from widespread store Jul 16, 2020

Business News: Richemont Sales Halve in First Quarter of 2020

Just days after the Swatch Group posted dismal half-year results, Richemont reported predictably poor sales for its first quarter, with revenue falling 47% to €1.99 billion compared to a year earlier. Like its rival the Swatch Group, Richemont was hit hard by the COVID-19 pandemic. The owner of almost two dozen watch and jewellery brands, including Cartier, IWC and Panerai, suffered from widespread store and distribution centre closures, a worldwide halt in tourism, and dampened consumer interest in many of markets, although China was a bright spot. Degrees of resilience The group’s business across the world was affected to varying degrees from region to region, depending on a combination of factors, namely the duration of closures, tourist spending, and spending of the domestic buyers. Although Richemont reported double-digit sales declines across all regions, distribution channels and business areas, the decreases were less pronounced in the Middle East, Africa, and Asia Pacific – the latter benefitted from a 47% year-on-year growth in sales in China, which exited its lockdown earlier than the rest of the world. China’s performance helped keep sales in the Asia Pacific resilient, to a degree. Sales in the region decreased by 29% at actual exchange rates to €277m, declining in all Asian markets, except China. Amongst the hardest hit were Japan and the Americas, where sales dropped 62% and 60% respectively due to widespread closure. The 2020 Cartier Privé Tank...

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James picks his 5 favourite new watches from 2020, including Bulgari, Omega & Grand Seiko Time+Tide
Grand Seiko I must have written May 15, 2020

James picks his 5 favourite new watches from 2020, including Bulgari, Omega & Grand Seiko

I must have written and rewritten this yarn half a dozen times. Every single moment I think I’ve cracked it, something in watch world happens that completely changes the narrative and content. First, everything got cancelled because of the pandemic we’re all sick of talking about. Then Patek and Rolex said no new watches this … ContinuedThe post James picks his 5 favourite new watches from 2020, including Bulgari, Omega & Grand Seiko appeared first on Time+Tide Watches.

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Vacheron Constantin Introduces Patrimony Moon Phase Retrograde Date ‘Collection Excellence Platine’ SJX Watches
Vacheron Constantin Introduces Patrimony Moon Phase May 13, 2020

Vacheron Constantin Introduces Patrimony Moon Phase Retrograde Date ‘Collection Excellence Platine’

Launched in 2006, Collection Excellence Platine (CEP) means a watch from the standard collection that’s been dosed with platinum to create a limited edition. Vacheron Constantin applies the CEP treatment to a model every one or two years, which means even after 14 years, there’s only been a dozen or so CEP editions. The Patrimony Moon Phase Retrograde Date Collection Excellence Platine is the latest to join the exclusive club. As is tradition, platinum is employed for nearly every element of the watch: the case, crown, dial, buckle, and the tiny moon phase disc. Even the stitching in the blue alligator strap is made of thread woven from silk and platinum wire. Initial thoughts Ironically, although the CEP edition is the most expensive version of the Patrimony Moon Phase Retrograde Date – ordinarily available only with a gold case – it is the most restrained. The new watch has a strongly monochromatic yet harmonious appearance. That, combined with the liberal use of platinum, make it the most contemporary of the variants, while retaining the same traditional and endearing design. In the typical style of CEP, the watch is simple in style and colour, but has details that make it interesting. Even though almost all the external components of the watch are made of the same material, different surface treatments create texture and depth, giving it visual appeal. For example, the smooth, sandblasted surface of the dial and the more granular moon phase disc bearing a m...

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Recommended Reading: John Goldberger on Life, Collecting, and Home SJX Watches
Apr 18, 2020

Recommended Reading: John Goldberger on Life, Collecting, and Home

A tall man with a grave face who is always stylishly dressed, Auro Montanari is better known as John Goldberger, the pseudonym under which he has published over a dozen scholarly books dedicated to watches. Auro is best characterised as someone with diverse and deep interests, making him a truly interesting individual. So speaking with Auro is always a pleasure, which is something Phillips specialist Tiffany To recently managed to do. At home, stylishly. Photo – Auro Montanari Now at home in Bologna, a wealthy industrial hub that’s home to Lamborghini, Auro is putting the finishing touches to Time to Race, a near-500 page tome covering the watches worn by auto-racing champions of the mid-20th century, an era when drivers wore watches as a necessity, and not because they were brand ambassadors. Auro’s desktop with Time to Race in progress. Photo – Auro Montanari Highlights from Time to Race. Photo – Auro Montanari In a three-part interview, Auro discusses the upcoming book – “I love cars, I love watches, and I put them together and blend everything” – as well as his varied life. Though Auro is a industrial-control software entrepreneur by profession, his interests have taken him around the world in a hunt for watches, and he also lived the Californian dream for a spell in the 1980s. Auro, circa 1982. Photo – Auro Montanari The white gold ref. 3450. Photo – Auro Montanari He describes the years spent in Venice Beach, during which he chanced upon a whi...

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RECOMMENDED READING: Should you wear a watch when exercising? Time+Tide
Aug 2, 2019

RECOMMENDED READING: Should you wear a watch when exercising?

If you love watches, you probably want to wear them all the time. The past CEO of The Swatch Group Nicolas Hayek was famous for wearing half-a-dozen watches at one time, and even if you aren’t quite that eccentric, you might still feel like you’re missing something when you don’t wear a watch. But this … ContinuedThe post RECOMMENDED READING: Should you wear a watch when exercising? appeared first on Time+Tide Watches.

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HANDS-ON: Girard-Perregaux’s Laureato in steel – is it a steal? Time+Tide
Girard-Perregaux s Laureato Jan 25, 2017

HANDS-ON: Girard-Perregaux’s Laureato in steel – is it a steal?

Let’s get this out of the way early on. Does the Girard-Perregaux Laureato share some visual similarities with other well-known luxury steel sports watches? Sure, but we can easily think of half a dozen watches that fit that particular bill. AP and Patek don’t have a monopoly on ’70s design. And make no mistake, the Laureato … ContinuedThe post HANDS-ON: Girard-Perregaux’s Laureato in steel – is it a steal? appeared first on Time+Tide Watches.

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Seiko Introduces new Astrons, Including a Limited Edition, for their 145th Anniversary Worn & Wound
Seiko Introduces new Astrons Including 3 days ago

Seiko Introduces new Astrons, Including a Limited Edition, for their 145th Anniversary

This year marks the 145th anniversary of Seiko, and while 145 isn’t exactly the most notable round number anniversary, it’s still, well, a very long time. And as we’ve mentioned countless times in these pages, the watch industry simply doesn’t let an anniversary year go to waste. Seiko has just announced a new collection of watches in the Astron line to mark the occasion, because of course it makes a lot of sense to commemorate longevity and a proud history with the most modern contemporary line in the catalog. Right?  Kidding aside, the Astron holds a special place in the Seiko collection for a few reasons. It was the name of the brand’s very first quartz watch, famously introduced on Christmas Day in 1969. It was a watch, and a technology, that not only changed the company, but the watch industry altogether. It ushered in the Quartz Crisis across most of the watchmaking world, except of course in Japan, which rose to a level of prominence in watchmaking as a result of quartz.  Today, the Astron is special as it is reserved for the most newfangled Seiko technology available, very much in keeping with the tradition inherent in its name. That means, primarily, tech forward GPS enabled timekeeping, as well as the use of Seiko’s solar technology. Astron watches typically inhabit a very contemporary design language, which tends toward sporty, angular, and often oversized.  The anniversary watch introduced this week is the new GPS Solar Dual Time Chronograph, ref...

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Introducing – H. Moser & Cie. Streamliner Small Seconds Lime Green Enamel Boutique Edition Monochrome
H. Moser & Cie Streamliner Small 4 days ago

Introducing – H. Moser & Cie. Streamliner Small Seconds Lime Green Enamel Boutique Edition

The Streamliner collection by indie brand H. Moser & Cie. debuted in 2020 and immediately established the series as one of the distinctive alternatives in the integrated-bracelet sports watch category. Its fluid, almost organic lines were a nice departure from conventional luxury-sports-watch design codes. In 2023, the Streamliner Small Seconds refined the concept by introducing […]

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