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Results for Côtes de Genève

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Côtes de Genève

Parallel-striped decoration on bridges and rotors; the Swiss (or Glashütte) finishing marker.

Business News: Sotheby’s to Start Weekly Online Watch Auctions SJX Watches
Audemars Piguet Mar 31, 2020

Business News: Sotheby’s to Start Weekly Online Watch Auctions

Having postponed its traditional April and May watch auctions till June and July respectively – no doubt with fingers crossed and a quiet prayer – as a result of the COVID-19 coronavirus, Sotheby’s has just announced Watches Weekly, an ongoing series of online-only watch auctions starting April 1, 2020. The auctions will take place on a rolling basis, with each sale lasting a week, then followed by the next sale, and so on. Each auction be centred around a theme while being relatively compact – the first sale is made up of 19 watches by Rolex and Audemars Piguet. The subsequent auctions will be Patek Philippe Design and Horology from April 8-15, then something for bargain hunters, Swiss Wristwatches with no reserve on April 15-22. Sam Hines, Sotheby’s global head of watches, explained the move in the announcement: “[Clients] are also increasingly confident [of buying] important pieces online. This was demonstrated last week, when we set a new record for a watch sold online at Sotheby’s [162,500 Swiss francs for a Rolex Daytona “Paul Newman” ref. 6262].” According to Mr Hines, the newly-announced online auctions will “complement the calendar of live sales and other online auctions already planned for the rest of the year”, implying that the rest of the auction calendar will proceed as planned. Watches Weekly makes Sotheby’s the first mainstream watch auctioneer – its peers are Christie’s, Phillips, and to a lesser degree, Antiquorum – to s...

Why We Will Keep Writing About Watches You Can’t Afford, And Why You (Hopefully) Will Continue To Read This Under The COVID-19 Cloud Quill & Pad
Mar 27, 2020

Why We Will Keep Writing About Watches You Can’t Afford, And Why You (Hopefully) Will Continue To Read This Under The COVID-19 Cloud

Have you seen the prices of high-end (and not so high-end) wristwatches? Crazy! None of us can afford the watches that we want, and the world economy is tanking. So in the middle of the coronavirus crisis why are we still publishing pointless stories about watches and why are you still reading them? Ian Skellern shares his theory here.

Business News: Swiss Watch Exports to Hong Kong Post Biggest Fall in 20 Years SJX Watches
Mar 19, 2020

Business News: Swiss Watch Exports to Hong Kong Post Biggest Fall in 20 Years

Trade body Federation of the Swiss Watch Industry (FH) just released its monthly export figures for Swiss watches – a proxy for the broader luxury watch market since Swiss timepieces dominate – and the February numbers are bleak. The month’s statistics illustrate two obvious trends that have shaped in the industry recently: the COVID-19 coronavirus is having a massive impact, and low-cost Swiss watches are being trounced by low-cost smartwatches. An Asian crisis, for now Compared with February last year, the value of exports globally declined by 9.2% – with export volume plunging 22.2% – but as the report notes darkly, the drop “does not yet fully reflect the actual situation in certain markets.” Unsurprisingly, the steepest declines were in the biggest Asian markets – China and Hong Kong – which suffered the worst period of the COVID-19 coronavirus pandemic in the first two months of the year. The biggest fall was in Hong Kong, where exports fell 42% – the largest monthly decline in 20 years. The city imported just CHF143m of Swiss watches, compared to CHF246m for the same month last year. Exports to China fell 51.5% to CHF73m, from CHF151m for February 2019. February was merely an acceleration of a months-long decline. For the first three months of the year, exports to Hong Kong have fallen 33% compared to the same period last year, while exports to China are down 22%. Though exports to other large markets like the United States, Singapore, and Germa...

Hands On: Ferdinand Berthoud Chronomètre FB 1 “Oeuvre d’Or” SJX Watches
Chopard Feb 26, 2020

Hands On: Ferdinand Berthoud Chronomètre FB 1 “Oeuvre d’Or”

Backed by Chopard and taking the name of a noted 18th century French watchmaker, Ferdinand Berthoud made its debut in 2015 with the Chronomètre FB 1. Though unusual in style with an octagonal case, the FB 1 boasts an impressively constructed movement developed and manufactured by the same facility responsible for Chopard’s top-of-the-line L.U.C calibres; the project was the brainchild of Chopard co-president Karl-Friedrich Scheufele. At its core the FB 1 is an elaborate – and delightfully anachronistic – tribute to 18th century marine chronometers inside and out. The subject of four patents, the unusual calibre is very much antiquarian horology; it is constructed with pillar-style architecture and contains a chain-and-fusée, feeler-and-cone power reserve mechanism, and a large tourbillon with central seconds. Since the debut of the FB 1, there have been as many as ten subsequent variations – which is probably too many but it doesn’t diminish from the intrinsic, technical qualities of the watch – with one of the most recent being the Chronomètre FB 1 “Oeuvre d’Or” launched last year. Mechanically identical to the other iterations, the Oeuvre d’Or is distinguished by extra decoration, namely an engraved and grained gold dial as well as gold movement bridges engraved with a repeating pyramid motif. The Oeuvre d’Or FB 1.1-2 in white gold A tribute to marine chronometry Modern day Berthoud watches are inspired by the works of its 18th century namesak...