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Jaeger-LeCoultre Polaris Date – The thinking man’s steel sports watch Time+Tide
Jaeger-LeCoultre Polaris Date – Nov 26, 2019

Jaeger-LeCoultre Polaris Date – The thinking man’s steel sports watch

Editor’s note: Jaeger-LeCoultre is widely regarded as one of the best watchmakers on the planet … and for good reason. The Swiss outfit has been responsible for more advancements and complications in the mechanical watchmaking world than pretty much any other manufacturer. And what’s more, JLC has made movements for some of the top marques … ContinuedThe post Jaeger-LeCoultre Polaris Date – The thinking man’s steel sports watch appeared first on Time+Tide Watches.

Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia SJX Watches
Patek Philippe Ref 2523 World Time Nov 25, 2019

Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia

Just two weeks after the Patek Philippe Grandmaster Chime in steel set the record for the most expensive watch ever when it sold for US$31m at Christie’s in Geneva, the auctioneer clinched the title of most expensive watch sold in Asia, toppling the former record holder. It sold a Patek Philippe ref. 2523 double-crown world time wristwatch – with a blue enamel dial signed by Milan retailer Gobbi – for HK$70.175m including fees, equivalent to US$8.97m. The result yields a tidy profit for the seller, a noted Asian collector who purchased the watch in 2010 at Christie’s in Geneva for 2.675m Swiss francs. One of two known with a blue enamel dial and extremely crisp, the ref. 2523 was offered for sale in an unusual manner. Though it was part of the Hong Kong watch auction, the watch was instead offered as the first lot during the 20th century and contemporary art sale a few days before, presumably to appeal to buyers who regularly spend much larger sums on art. The watch was extensively documented by Christie’s in its catalogues, both online and offline, though it did not do the typical presale marketing tour around the region due to its insured value. The presale estimate of HK$55m-110m, or about US$7m-14m, made the ref. 2523 the most expensive lot to be ever offered at a watch auction – leading to some mutterings that the watch might not sell – so anticipation was high when the sale started at 5:30pm, especially since ultra high-value vintage watches are usual...

Chopard Alpine Eagle: A Cool – And Ethical – Sports Casual Watch Quill & Pad
Chopard Alpine Eagle Nov 21, 2019

Chopard Alpine Eagle: A Cool – And Ethical – Sports Casual Watch

Stainless steel case, integrated bracelet in the same material, manufacture movement, and a blue dial: these are the ingredients for today's watches that people are willing to spend a significant premium to obtain. For many, this was also the first thought that went through heads when Chopard recently launched its new blue-dial, stainless steel, sporty watch, the Alpine Eagle. Martin Green looks beyond that pretty blue face after wearing it for a week and gives us his thoughts.

Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October SJX Watches
Nov 19, 2019

Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October

The latest figures from trade body Federation of the Swiss Watch Industry (FH) show a massive fall in Swiss watch exports to Hong Kong, a statistic that is proxy for sales of luxury watches. According to the FH numbers for the month of October 2019, exports to Hong Kong fell 29.7% to 191.3m Swiss francs. This comes after a more measured, 4.6% drop in September. Exports to Hong Hong have now fallen below those to China, which rose 10.8% to 218.4m francs. Enjoying a 11.2% rise to 227.5m francs is the United States, which was the largest market for Swiss watches in October. For the year to date, Hong Kong remains the world’s largest market for Swiss watches, though the gap between it and the second-placed United States is falling. Hong Kong imported 2.26 billion francs of Swiss watches in the year to date – a fall of 8.8% compared to the same period las year – compared to 1.97 billion francs for the United States. Pedder Street in Hong Kong’s Central business district, ordinarily a shopping paradise. Photo – Hong Kong Tourism Board The drop in watch exports to the city confirm industry talk that the luxury goods has been hard hit by the six months of protests that have roiled Hong Kong. Shops located in the worst affected areas can only stay open for a fraction of a business day, or not at all on some days. Several executives from both watch brands and retailers in the territory have cited consecutive, month-on-month drops in store sales that reach into the double d...

Dubai Watch Week Returns – Nov 20-24 SJX Watches
Grand Seiko Nov 17, 2019

Dubai Watch Week Returns – Nov 20-24

Returning for the fifth time, Dubai Watch Week (DWW) will take place from November 20-24, once again at the Dubai International Financial Centre (DIFC), a sprawling complex of offices, shops, restaurants, and three hotels, which is entirely self contained, making a visit to DWW easy to plan. As is tradition, the event includes exhibitions, watchmaking classes, and talks. Amongst the speakers will be Masayuki Hirota, an eminent Japanese watch journalist and the editor of Chronos Japan, who will be speaking about Grand Seiko. And DWW once again includes the Horology Forum, a series of panel discussions that take place daily. Panellists this year include journalists like Ariel Adams of aBlogtoWatch, watchmakers like Philippe Dufour and Stephen Forsey; brand chiefs including Karl-Friedrich Scheufele of Chopard, Jean-Claude Biver of LVMH, and Benoit Minitiens of Ressence; as well as watch collectors like San Francisco-based Jeffrey Kingston, and Aldis Hodge, an American actor who is also a jury member of the Grand Prix d’Horlogerie de Geneve. And naturally the speakers’ roster also includes prominent local personalities, including collector Hamdan Al Hudaidi and Mohammed Abdulmagied Seddiqi, chief commercial officer of Seddiqi Holding, the parent company of DWW’s organiser. A panel session at DWW 2018 And some newcomers Rolex is taking part for the first time in DWW, and bringing along with it the Oyster Perpetual Submariner exhibition, a series of displays within a sh...

Auction Report: What Went Down at Only Watch 2019 SJX Watches
Audemars Piguet chief executive Francois-Henri Bennahmias Nov 11, 2019

Auction Report: What Went Down at Only Watch 2019

Only Watch 2019 is the biggest watch auction ever – and it was the most exciting sale in a notably quiet Geneva auction season – with 50 lots selling for 38.59m Swiss francs. The last Only Watch auction in 2017 raised a mere 9.29m francs in comparison. And of course 31m francs of that came from just one watch, the Patek Philippe Grandmaster Chime in steel, which went to a determined buyer from Asia bidding via telephone with Wei-Ting Jud of Christie’s London. Presided over by Christie’s jewellery department head Rahul Kadakia, the best watch auctioneer who is not a watch specialist, the saleroom in Geneva’s Four Seasons Hotel des Bergues was jam-packed, so full even Audemars Piguet chief executive Francois-Henri Bennahmias had to stand. And there was even a famous face in attendance, or at least in the same building – former Thai prime minister Thaksin Shinawatra, who is a a known watch collector, was spotted in the lobby of the hotel. Luc Pettavino, who founded only watch after his late son was stricken by Duchenne muscular dystrophy, the very disease that Only Watch raises funds to research a cure. Photo – Alex Teuscher Photography Though the Patek Philippe accounted for most of the sale proceeds – which all go to a medical charity – the other 49 lots in the auction still sold for an average of 155,000 Swiss francs, which is well above the average for a watch auction. The Antiquorum watch auction that took place a day later, for instance, averaged only...

Highlights: Phillips Geneva Watch Auction X SJX Watches
Patek Philippe ref 1463 Nov 10, 2019

Highlights: Phillips Geneva Watch Auction X

With the Double Signed theme auction out of the way, here are a few highlights from Phillips’ Geneva watch auction, including a Lange Zeitwerk that might be a value buy, and a steel Rolex Day-Date prototype. Lot 145 – Lange Zeitwerk in rose gold The Zeitwerk is unquestionably a modern classic – notably, it is probably the most reliable digital display watch on the market – and is relatively good value on the secondary market, selling for a chunk off retail. This example is in rose gold, and is complete with all boxes and paperwork. It was first sold in 2011, and obviously wasn’t worn much sine then. The estimate is just 20,000-40,000 Swiss francs. Lot 179 – Patek Philippe ref. 1463 in steel One of the top lots in the sale, this is a ref. 1463 “Tasti Tondi”, an early water-resistant chronograph by Patek Philippe. But this is in steel, of which only 67 are known, with a two-tone dial, furthering reducing the number known to just 17. The watch is in excellent condition, with a sharply preserved case and original dial, although the dial might have been cleaned in the distant past. The estimate is 300,000-600,000 francs. Lot 209 – Patek Philippe ref. 1518 in yellow gold The ref. 1518 is a landmark, being the first serially produced chronograph with perpetual calendar. This is a good example of the ref. 1518, almost the quintessential version of the model with a yellow gold case. It is clean and in good condition, albeit showing a little bit of age on the dial,...

Smart Money: 5 of the best buys from Only Watch 2019 Time+Tide
Patek Philippe Grandmaster Chime ref 6300A Nov 9, 2019

Smart Money: 5 of the best buys from Only Watch 2019

Most of the hype around the results of Only Watch 2019 has been wholly and solely squared at the monumental, record-breaking price achieved by the Patek Philippe Grandmaster Chime ref. 6300A, and it’s pretty easy to understand why … it sold for $31 million CHF (roughly $52 million AUD)! However, away from the white noise … ContinuedThe post Smart Money: 5 of the best buys from Only Watch 2019 appeared first on Time+Tide Watches.

Top 3 most expensive watches sold at Only Watch 2019, also featuring Audemars Piguet and F.P. Journe Time+Tide
Audemars Piguet Nov 9, 2019

Top 3 most expensive watches sold at Only Watch 2019, also featuring Audemars Piguet and F.P. Journe

Patek Philippe’s entry into Only Watch 2019, the one-of-a-kind stainless steel Patek Philippe Grandmaster Chime ref. 6300A, has just smashed, in fact obliterated, the record for the most expensive watch ever sold at auction. But it wasn’t just the Patek that stretched into the seven-figure stratosphere at the charitable auction last night, as two other … ContinuedThe post Top 3 most expensive watches sold at Only Watch 2019, also featuring Audemars Piguet and F.P. Journe appeared first on Time+Tide Watches.

WATCH DISASTERS #1 – Ken’s prodigal GMT-Master II Time+Tide
Nov 9, 2019

WATCH DISASTERS #1 – Ken’s prodigal GMT-Master II

Watch Disasters is a new series on Time+Tide that describes, in chilling detail, incidences when owning an expensive watch goes wrong. This is not going to be comfortable reading, so prepare for the pain. Admittedly, this is a bit of a soft start. The ‘prodigal’ in the title gives it away. If you have a … ContinuedThe post WATCH DISASTERS #1 – Ken’s prodigal GMT-Master II appeared first on Time+Tide Watches.

Hands-On: Chanel J12 The Inseparables “Only Watch” SJX Watches
Richard Mille MB&F; Nov 8, 2019

Hands-On: Chanel J12 The Inseparables “Only Watch”

To mark the 20th anniversary of the J12 this year, Chanel gave its signature timepiece a microscopic yet significant makeover, both inside and out, while preserving the distinct identity that has contributed to the watch’s two-decade success. For Only Watch 2019, the brand created J12 The Inseparables – the very first examples of the new-generation J12 to roll off the line, distinguished by a unique case and bracelet finish. And the pair also happen to be one of the most affordable lots in the auction. The brand has approached these unique iterations in the same manner it approached the revamp – with subtlety and restraint. The pair of watches are both rendered in smooth, matte ceramic, with a tone-on-tone dial. And both are equipped with a special black-coated execution of the new Caliber 12.1 produced by Kenissi, the movement maker that is part owned by Chanel. Matte finish The most apparent difference between the Only Watch pair and the standard version is the matte finish of the ceramic case and bracelet; the standard models have a glossy, polished finish. While the J12 is primarily a women’s watch, especially in this smallish size, the finish of the Only Watch editions come across as more masculine – and also more refined and discreet. And as it always has been, the case measures 38mm. It is made entirely in-house by the brand, thanks to its ownership of G&F; Chatelain, a reputed case and buckle manufacture, whose clients include Richard Mille, MB&F; and Bel...

Hands-On: Audemars Piguet Code 11.59 Tourbillon Openworked “Only Watch” SJX Watches
Audemars Piguet Code 11.59 Tourbillon Openworked Nov 7, 2019

Hands-On: Audemars Piguet Code 11.59 Tourbillon Openworked “Only Watch”

At Only Watch 2017, Audemars Piguet’s Royal Oak Perpetual Calendar in black ceramic – but with a one-off blue dial – sold for a whopping 800,000 Swiss francs, with two phone bidders driving it to nearly seven times the high estimate. It was the third most expensive watch in the sale. This year’s contribution is no Royal Oak – far from it – but it’s surprisingly worthy of a second look. In fact, it’s probably the best-looking watch to emerge from the brand’s often criticised Code 11.59 line. Amidst the flak heaped upon it, the Code 11.59 range had a couple of standouts, including the Tourbillon Openworked. And that’s where AP started for Only Watch 2019. The Tourbillon Openworked Only Watch retains the slim, beautifully finished skeleton movement, eschewing the contentious Code 11.59 dial altogether. And the movement has a two-tone finish that smartly highlights the most important mechanical components. To match the movement, the Only Watch edition features a two-tone case that does justice to the Code 11.59 construction in a way the uniform colour of the standard models simply couldn’t. Superbly constructed In terms of size, the case is identical to the standard model – 41mm by 10.7mm. Beyond immediate impressions, the case is wonderfully constructed with a subtle and intriguing mix of shapes and finishing made obvious by the two-tone materials. The octagonal case middle is pink gold, while the rest of the case, including the lugs, are white gold,...

The only Barakuda you’ll ever need – the Blancpain Fifty Fathoms Barakuda Only Watch Time+Tide
Blancpain Fifty Fathoms Barakuda Only Oct 28, 2019

The only Barakuda you’ll ever need – the Blancpain Fifty Fathoms Barakuda Only Watch

With Only Watch 2019 now just a mere 11 days away from kicking off, we thought we’d take a look at Blancpain’s Only entrant – the Blancpain Fifty Fathoms Barakuda. The unique piece from the storied Swiss marque is, rather obviously, based on the standard Fifty Fathoms Barakuda. However, the Only Watch Barakuda sports very … ContinuedThe post The only Barakuda you’ll ever need – the Blancpain Fifty Fathoms Barakuda Only Watch appeared first on Time+Tide Watches.

RECOMMENDED READING: The World Economic Forum of the vintage watch market Time+Tide
Rolex collectors meet-ups around Oct 25, 2019

RECOMMENDED READING: The World Economic Forum of the vintage watch market

The handful of BIG Rolex collectors meet-ups around the world represent the sanctum sanctorum of the vintage watch world, secretive affairs (which is sensible, given the dollar value of watches on the table) that offer a glimpse not just into the ultra-rarefied, and slightly odd, world of very high-end watch collecting, but also where the … ContinuedThe post RECOMMENDED READING: The World Economic Forum of the vintage watch market appeared first on Time+Tide Watches.

Up Close: Akrivia Rexhep Rexhepi Chronomètre Contemporain “Only Watch” SJX Watches
F.P. Journe Astronomic Blue Oct 25, 2019

Up Close: Akrivia Rexhep Rexhepi Chronomètre Contemporain “Only Watch”

Independent watchmakers are a major presence at Only Watch 2019, accounting for almost half the 50 lots in the charity auction coming. Importantly, two of them will probably end up in the top five by value – the F.P. Journe Astronomic Blue and the Rexhep Rexhepi Chronomètre Contemporain “Only Watch”. While the Astronomic Blue is the most complicated wristwatch F.P. Journe has ever made, the Chronomètre Contemporain “Only Watch” is a time-only watch, with a suitably modest estimate of 40,000-60,000 Swiss francs, though it’ll probably sell for five to seven times the low estimate. Hammered, and enamelled The key element that sets the “Only Watch” edition apart from the standard Chronomètre Contemporain is the dial. Completely unique because of the technique – used here for the first time in an Akrivia watch – the dial combines the surfaces finish of Akrivia’s two distinct collections: the hand-hammered decoration of the contemporary AK line and the vitreous enamel of the classic Rexhep Rexhepi range, named after the brand’s founder. Several attempts were required to get a perfect dial – Rexhep showed me one of the rejects with a cloudy finish in September – but the result is quietly impressive. Note that it is hammered and then enamelled, but not hammered enamel. Ordinarily a new dial colour doesn’t mean very much, but because the Chronomètre Contemporain regarded, and Rexhep has kept his promise not to do variations or custom orders of th...

Have watch will travel – 5 GMTs under $5K that are ready to hit the road Time+Tide
Oct 24, 2019

Have watch will travel – 5 GMTs under $5K that are ready to hit the road

Watches with complications - like the chronograph, moonphase or, in this case, the GMT - are less about practical function and more about possibility. Sure, these watches are designed to excel on the road (or in the air for that matter), but for most wearers, that is an infrequent reality. Still, the possibility of far-off places … ContinuedThe post Have watch will travel – 5 GMTs under $5K that are ready to hit the road appeared first on Time+Tide Watches.

VIDEO: The latest Omega Trésor is the perfect dressed-down dress watch Time+Tide
Omega Trésor Oct 20, 2019

VIDEO: The latest Omega Trésor is the perfect dressed-down dress watch

You might have missed the slick new updates to Omega’s dressy Trésor line amidst the cavalcade of Speedmaster and Seamaster releases this year but, trust me, they’re worth closer inspection. For one thing, steel joins the family this year, across a few versions. Of particular note is this gorgeous bleu number. Not only is the … ContinuedThe post VIDEO: The latest Omega Trésor is the perfect dressed-down dress watch appeared first on Time+Tide Watches.

Greubel Forsey Introduces the Entirely Hand-Made Tourbillon Watch SJX Watches
Greubel Forsey Introduces Oct 14, 2019

Greubel Forsey Introduces the Entirely Hand-Made Tourbillon Watch

The Hand Made 1 is a watch “95%” produced “using only hand-operated tools”, requiring some 6,000 hours, according to Greubel Forsey. That’s equivalent to three years of work, largely performed by a special team of watchmakers assembled by Greubel Forsey specifically for this project, along with independent specialists who produce certain components. Functionally, the Hand Made 1 is a straightforward timepiece – it shows the time, hours, minutes and seconds, and is equipped with a one-tourbillon regulator. The movement is made up of 272 parts, which is within the usual range for such a movement. The complexity of the watch comes from how it is made – by hand or by hand-operated tools – which is why only two to three examples will be produced per year. The genesis for the Hand Made 1 is the department within Greubel Forsey that produces prototypes, which are essentially one-off, hand-made watches. The same production techniques are applied to the Hand Made 1, except that they are taken to a far higher level, in order to create components that are produced with the same techniques as prototypes but to the same fit and finish as standard Greubel Forsey movements. So each screw is made on a manual lathe, and can take up to eight hours to complete. The case components are milled on a pantograph lathe, essentially a manually operated CNC machine that requires the operator to guide the cutting tool to by hand. And even the balance spring is rolled by a manua...

The epitome of classic watch design – the Rolex Datejust Time+Tide
Rolex Datejust There’s Oct 10, 2019

The epitome of classic watch design – the Rolex Datejust

There’s a lot of discussion out there when it comes to the most recognisable watch design of all time. For many, that design is a Rolex (though personally I think the classic Swatch would give it a solid run for its money). The debate really starts to heat up when you ask the question of … ContinuedThe post The epitome of classic watch design – the Rolex Datejust appeared first on Time+Tide Watches.