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Results for The 2017-2022 Vintage Market Boom

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MICRO MONDAYS: Australia’s border is (finally) opening up again. To celebrate we’re looking back at one of our favourite microbrand GMTs Time+Tide
Feb 7, 2022

MICRO MONDAYS: Australia’s border is (finally) opening up again. To celebrate we’re looking back at one of our favourite microbrand GMTs

Editor’s note: Big news today out of Australia today. The hard border closure (in place since March 2020) will be removed as of February 21! Time to celebrate and welcome fully vaccinated visitors (sorry Novak) back to Oz. To celebrate we’re casting a look back at this vintage-inspired GMT to get you in the mood … ContinuedThe post MICRO MONDAYS: Australia’s border is (finally) opening up again. To celebrate we’re looking back at one of our favourite microbrand GMTs appeared first on Time+Tide Watches.

Citizen Combines Japanese Paper Dials and Cutting-Edge Quartz SJX Watches
Grand Seiko 9F movement Feb 3, 2022

Citizen Combines Japanese Paper Dials and Cutting-Edge Quartz

Long available only to the Japanese domestic market, Citizen’s top-of-the-line quartz watches have been slowly making their way into foreign countries in recent years (although last year’s high-end mechanical Caliber 0200 was launched internationally). The latest high-end quartz model, however, is being launched globally. The Citizen Iconic Nature Collection is a quartet of lightweight titanium watches featuring dials made of traditional, translucent Japanese paper dyed in vivid, natural colours. But the mechanics are cutting edge in contrast – a solar-powered quartz movement accurate to within five seconds a year. Initial thoughts Citizen’s ultra-accurate quartz watches are largely unknown outside of Japan, but that is gradually changing with the global rollout of new models, which are crucially dressed in eye-catching colours instead of the muted dials historically found on these watches. Citizen has used washi for dials on The Citizen before, but usually in a low-key white. The new Iconic Nature quartet calls to mind high-end quartz watches from Citizen’s Japanese rival, though Citizen’s offering edges ahead, at least on paper. The solar-powered A060 inside the Iconic Nature is accurate to +/- 5 seconds per year, while the Grand Seiko 9F movement is rated to +/- 10 seconds per year. And the practicality of the A060 is boosted by a perpetual calendar as well as an “on-demand” power reserve indicator. The price tag of US$3,500 is might seem high for an...

Actively Black x Teleport ‘Obama’ Watch: Hands On! Quill & Pad
Jan 25, 2022

Actively Black x Teleport ‘Obama’ Watch: Hands On!

On January 1, 2022, watch spotters were flummoxed by a photograph of President Barack Obama and First Lady Michelle Obama in their New Year's Eve party dress. The former POTUS appeared to be wearing a black Royal Oak-style chronograph on a rubber strap. The watch in question turned out to be a collaboration between Teleport, a little-known U.S.-based fashion watch producer, and Actively Black, a U.S.-owned leisurewear company. Colin Alexander Smith managed to get his hands on one for a closer look, which he shares here.

Business News: Kering Sells Ulysse Nardin and Girard-Perregaux to Management SJX Watches
Girard-Perregaux Jan 24, 2022

Business News: Kering Sells Ulysse Nardin and Girard-Perregaux to Management

After several years of trying to grow its sub-scale watch division, Kering has sold both of its watch brands in a management buyout led by chief executive Patrick Pruniaux. A former Apple executive who started his watch career at TAG Heuer, Mr Pruniaux first took charge of Ulysse Nardin in 2017 before also taking the top job at Girard-Perregaux a year later. He proceeded to merge both brands into a single factory in La Chaux-de-Fonds, a move that was subsequently followed by layoffs the next year. The slimmed-down brands will have the flexibility to do more, while also facing the challenge of being relatively small players facing off against stronger brands. The French luxury group never managed to replicate the earlier success of its watch brands, both of which were run by iconoclastic entrepreneurs – Rolf Schnyder at Ulysse Nardin and Luigi “Gino” Macaluso at Girard-Perregaux. Both their deaths led to their heirs selling the respective companies to Kering, the Macaluso family in 2011 and the Schnyder family in 2014. Patrick Pruniaux With brands like Gucci and Saint Laurent in its stable, Kering had 2020 revenues of over €13 billion, leaving its two-brand watch division diminutive in comparison. The group never found the right formula for its watch division, resulting in the gradual erosion of sales. At the time of their respective acquisitions, Girard-Perregaux has annual sales of about CHF180 million and Ulysse Nardin about €190 million according to recent es...

New: Longines HydroConquest XXII Commonwealth Games on Quick Takes Deployant
Longines HydroConquest XXII Commonwealth Games Jan 22, 2022

New: Longines HydroConquest XXII Commonwealth Games on Quick Takes

The new Longines HydroConquest XXII Commonwealth Games is a limited edition of 2022 pieces and retails at S$2860. It is a colorful variant to an otherwise common dive watch design, and benefits from a rather robust 3-day automatic movement. Fit on a bracelet and water resistant to 300m, the watch is versatile and sporty, and rather ideal as a daily beater.

FRIDAY WIND DOWN: New watches and a new Time+Tide team member Time+Tide
Grand Seiko Zenith Jan 14, 2022

FRIDAY WIND DOWN: New watches and a new Time+Tide team member

Well, 2022 is certainly not wasting any time when it comes to new announcements. Already Grand Seiko, Zenith and TAG Heuer have launched fresh timepieces this week, and there is only more to come with LVMH Watch Week rapidly approaching. Grand Seiko dropped the mic, launching a second White Birch inspired watch: the Grand Seiko … ContinuedThe post FRIDAY WIND DOWN: New watches and a new Time+Tide team member appeared first on Time+Tide Watches.

How does this 1982 Seiko still manage to look so damn good and blemish-free? Time+Tide
Seiko still manage Dec 14, 2021

How does this 1982 Seiko still manage to look so damn good and blemish-free?

At first glance this looks like a fairly good condition vintage Seiko manufactured in the early 80s, a ref 5933-5080, with only a couple of hairline scratches betraying what may otherwise present as New Old Stock that’s never been sold at retail. But the super crisp case lines and practically unblemished surfaces are not due … ContinuedThe post How does this 1982 Seiko still manage to look so damn good and blemish-free? appeared first on Time+Tide Watches.

Business News: Watchbox Raises US$165m from Investors Including Michael Jordan, Bill Ackman SJX Watches
De Bethune Watchbox just announced it Nov 23, 2021

Business News: Watchbox Raises US$165m from Investors Including Michael Jordan, Bill Ackman

A pre-owned watch merchant that has smartly transformed itself into a market-making juggernaut – and also the owner of De Bethune – Watchbox just announced it has raised US$165 million from new and current investors. The valuation was not revealed, but CNBC reported it to be almost US$1 billion. The investment was led by a pair of American investment firms, The Radcliff Companies and The Spruce House Partnership. Also taking part were existing investors in Watchbox, including CMIA, a Singapore-based private equity outfit that was instrumental in enabling Watchbox to scale up when it invested US$100 million in 2017. According to Watchbox, the latest round of fundraising also brings a list of boldface names to Watchbox’s roster of investors, including Michael Jordan as well as prominent hedge fund managers Bill Ackman and Marc Lasry. A Watchbox favourite With the pre-owned watch business consolidating, Watchbox and its peers now have the scale to tap on institutional investors – and eventually public markets – for funding. A pre-owned merchant focused on German-speaking European countries, Chronext was planning to go public in mid 2021 but shelved plans for an IPO amidst rumours that it was in talks with another industry player on some sort of tie up. And European giant Chrono24, which began as a marketplace but is increasingly become a dealer with its own inventory, already achieved a US$1 billion earlier in 2021 and is reputed to be seeking a listing. Higher ambi...

Highlights: Contemporary Complications at Phillips’ Hong Kong Auction SJX Watches
Piaget tourbillon Nov 22, 2021

Highlights: Contemporary Complications at Phillips’ Hong Kong Auction

Complicated watches naturally come at a high cost of entry compared with simpler watches, at least at retail. But on the secondary market they can offer compelling value – except for a handful of “hot” watches (and we included one of those in the list too). At the same time, complications are intrinsically appealing because they possess the sheer technical quality that’s a key quality of high-end watchmaking. And there A. Lange & Söhne is no doubt a standout, especially for its watches that are considered benchmarks in their category, like the Datograph and Zeitwerk. So we round up a few highlights amongst the complications at Phillips’ upcoming Hong Kong auction, covering a few value buys and also some star picks by Lange. So the list is diverse, ranging from the ultra-desirable Lange Datograph Lumen to a Piaget tourbillon with a form movement that is technically interesting and definitely strong value. The Hong Kong Watch Auction: XIII takes place on November 25 (for lots 801-852) and November 26 (lots 853-1106). The full catalogue and registration for bidding are available on Phillips.com. The movement in the Datograph Lumen Lot 833: A. Lange & Söhne Datograph Lumen One of Lange’s trademark complications is the chronograph, simply because it does chronographs so well. It all started in 1999 with the Datograph. It’s still considered a landmark in modern chronographs two decades later for its fine, traditional construction. The model has been offered in s...

A Magnificent Watch Collection Goes on Show in London SJX Watches
Patek Philippe Nov 19, 2021

A Magnificent Watch Collection Goes on Show in London

Soon to open in London and then in other countries in 2022, the OAK Collection is perhaps the first time a private collector is staging an exhibition that’s open to the public. Taking place at the Design Museum with free entry, the OAK Collection exhibition is made up of just the highlights from the owner’s collection, but already numbers over 160 watches. [Edit December 1, 2021: The exhibition in London has been postponed to spring 2022.] Organised into thematic sections, the OAK Collection – short for “one of a kind” – is dominated by Patek Philippe. Most of the watchmaker’s most important historical timepieces are represented in the collection, including a ref. 2523 world time with a blue enamel dial, as well as exceptionally rare variants of the refs. 1518 and 2499. And the collection naturally includes modern-day, special-order Patek Philippe watches commissioned by the owner. One of the exhibition’s highlights is the Patek Philippe ref. 2523 world time with a blue enamel dial that also takes centre stage on the event poster And the collection includes five pocket watches that once belonged to Henry Graves Jr, the American banker who was one of Patek Philippe’s most important clients in the first half of the 20th century. Outside of the Patek Philippe Museum, the OAK Collection contains the largest number of watches that once belonged to Graves. Amongst the former Graves watches in the OAK Collection is the 1935 observatory tourbillon pocket watch ...