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Auctions: An Incomplete, Completely Subjective Analysis Of The Phillips Racing Pulse Sale
Our founder calls out eight lots that raised a few eyebrows – and presents both sides of the argument.
583 articles · 103 videos found · page 13 of 23
Hodinkee
Our founder calls out eight lots that raised a few eyebrows – and presents both sides of the argument.
Time+Tide
Have you ever wondered what racing cars and auction rooms have in common? In a 2006 publication, neurosurgeon Dr Eric Watkins published evidence that a Formula 1 driver can experience a pulse in the neighbourhood of 200 beats per minute during a race. According to the US Centre for Disease Control, this heart rate approaches, … ContinuedThe post Steve McQueen’s Monaco, Paul Newman’s (other) Daytona – will this auction deliver the next record watch sale? appeared first on Time+Tide Watches.
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For a vintage Patek lover, it gets no better.
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Rocky's timepieces will cross the block in December, alongside some from theater icon Guy Laliberté.
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187d 21h 43m 52s logged in space.
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SJX Watches
Having just announced its full-year results while predicting a gloomy outlook for the business, Richemont has successful placed €2 billion of bonds, with coupon ranging from 0.75% for the 8-year note to 1.625% for the 20-year note. The bond placement boosts the Swiss luxury group’s robust balance sheet, which had a gross cash position of €6.34 billion and a net cash position of €2.40 billion at the end of March 31, 2020. The notes received an A+ rating from credit ratings agency S&P;, which also lowered its outlook for Richemont from stable to negative, “citing the possibility of a downgrade if the coronavirus pandemic causes the company’s credit metrics to worsen”. Widely regarded as a savvy investor who transformed his family’s tobaccco-and-banking empire into an even larger one focused the “hard” luxury of watches and jewellery, Mr Rupert’s belief in the severity of the pandemic-induced recession is obvious. That, in turn, does not bode well for the luxury watch business. Richemont’s biggest earner is Cartier – the jewellery division is half the group’s turnover – it also owns a host of luxury watch brands, including A. Lange & Söhne, IWC, and Panerai, which make up about 20% of its sales. During Richemont’s earning conference call on May 15, Mr Rupert explained the bond issue: “We have always believed in protecting our balance sheet… For years, a lot of investment banks questioned us about that it’s a lazy balance sheet. But h...
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Yellow gold for good.
Time+Tide
You may have heard the news that Tom Hanks and his wife Rita Wilson contracted coronavirus while filming the untitled Elvis Presley biopic in Australia; they are both reportedly recovering well, but Elvis fanatics will be champing at the bit for the production to ramp back up. It, like life as we know it, has … ContinuedThe post This curiously affordable gold Universal Genève owned by Elvis Presley is up for sale (again) appeared first on Time+Tide Watches.
Revolution
The Swiss Competition Commission will ban ETA from supplying movements to all third-party customers in 2020, starting 1st January; Swatch Group calls foul.
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May the force be with you.
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The "hole in one" of Talking Watches.
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An attractive Ref. 2509 gets a closer look.
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Closed caseback, honey gold, stainless steel. Need I say more?
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The proceeds from the sale of his collection, which includes Rolex and Patek Philippe pieces, are going to a great cause.
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Some watches mean a lot more than others.
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Time+Tide
Telemeters, tachymeters and the rest. They look cool, but how do chronograph scales work?The post The ultimate watch glossary – chronograph scales. What they mean and how they work appeared first on Time+Tide Watches.
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A collection of special and rare Omega Speedmasters hits the block as Apollo 11 turns 50.
Time+Tide
Editor’s pick: Whenever I pop into an op shop (or thrift store for our American readers), I always make sure to have a look at the watches, JUST IN CASE. Because you never know, you might just have the level of luck of this guy who, in 2016, picked up a Panerai that turned out … ContinuedThe post Remember when that guy bought a broken Rolex-made Panerai at a car boot sale for £10? appeared first on Time+Tide Watches.
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Hello, Pink Stelline, we meet again. Has something about you changed?
Time+Tide
The Longines Legend Diver Black is available for pre-sale in our shop now! As Australians, and as AC/DC fans, it gives us great pleasure to announce that the Longines Legend Diver is back in black, and the first 25 pieces to be released in Australia are available for pre-sale right now in our shop for … ContinuedThe post The Longines Legend Diver Black is now available for pre-sale in our shop – with a sweetener appeared first on Time+Tide Watches.
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Revolution
Before the May auction madness kicks off, Sotheby’s has a small pre-season offering that’s curated very much with the philosophy of quality, not quantity.
Revolution
Phillips Watches announces, Well Suited – a selling exhibition combining the world’s finest independent watchmakers with a showcase of tailoring excellence from Thom Sweeney.
Revolution
Time+Tide
Gossip is one of the staples of SIHH and, as far as gossip goes, it doesn’t get much juicier than this. Bloomberg are reporting that Patek Philippe - one of the last great independently held watchmakers - may be considering a sale. Based on a note by analysts Berenberg, there’s industry talk of a sale, which would … ContinuedThe post RECOMMENDED READING: Patek Philippe may soon be up for sale appeared first on Time+Tide Watches.
Ross Povey picks out his favorite lots from Christie’s Rare Watches sale catalogue, to be held on November 12th, 2018.
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