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Editors' Picks: Three Watches That Dazzle From Phillips Geneva Watch Auction X
A trio of pieces that caught my eye in advance of tomorrow's sale.
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A trio of pieces that caught my eye in advance of tomorrow's sale.
SJX Watches
The timepieces that held the title of “most complicated watch ever”, as well as their famous owners, are mostly well known – save for the long-lost English grand complication commissioned by banker J. Pierpont Morgan. Morgan was a great collector of watches, and his grandest timepiece was a double-dial, astronomical pocket watch made by J. Player & Son. It was the most complicated English watch ever made, and perhaps the most complicated watch in the world at the time of its completion. Though Morgan’s watch has long been surpassed in complexity by other hands, and it bears the name of a defunct English brand, it has arguably the greatest provenance of all super-pocket watches. Unlike James Ward Packard or Henry Graves, who were both wealthy, accomplished, and little known individuals outside their fields, Morgan is still the best known banker in history; the biggest bank in the United States today bears his name. The grandest of all time But first, a brisk walk through the grand complication hall of fame. The most famous most-complicated-watch-ever is, of course, the Patek Philippe Graves “supercomplication”, which sold for US$24m in 2014 and still holds the record for the most expensive watch ever sold. Commissioned by American banker Henry Graves Jr in 1925, and delivered in 1933, the Graves pocket watch outdid the now obscure Leroy 01 that was sold in 1904 to a Portuguese millionaire. And it also surpassed the various watches produced for automobile ...
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Phillips breaks Rolex auction records again with the ref. 6062 “Bao Dai” at their Spring 2017 Geneva auction session one.
Time+Tide
Last week, Phillips held their latest watch auction in Hong Kong: the Phillips Hong Kong Watch Auction XI. As per usual, there were some very neat, rare, and illustrious lots that collectors would salivate over – eager to add such fine timepieces to their collections. While the globe may have taken a beating this year … ContinuedThe post We got it dead wrong. So, which colour Rolex OP 36 2020 models sold for the highest price at the recent Phillips Hong Kong Watch Auction? appeared first on Time+Tide Watches.
Hodinkee
Here we go again. It's been a blue ribbon auction year so far, particularly for rare examples of timepieces from independents, including F.P. Journe. During a record-setting spring auction season marked by a stunning shift in valuations and collector interest in top-notch independent watchmakers, an early Chronomètre à Résonance (no. 007) fetched a record $13.9 million, making it the most expensive F.P. Journe watch ever sold at auction and the fifth most expensive watch of all time. Mark wrote up a great piece on the record-breaking result that dives deep into the history of the Résonance and why it's such an important achievement in haute horology, and why it is François-Paul Journe's signature watch. With the prototype produced in 1998, and with 'Souscription' commercial pieces produced and delivered beginning in 2000, Journe's Chronomètre à Résonance marks the first time that the concept of "résonance," combining two movements with separate balances into a single case and bringing them into perfect synchronization, was brought to a wristwatch. For many collectors, the model represents the ultimate expression of Journe's vision and talent as a watchmaker. Just 20 'Souscription' pieces—offered to those who bought Journe's first watch, a tourbillon—were produced, and collectors have come to covet the series, with the earliest watches fetching a premium. When it comes to the Résonance, the earlier the better, it seems. That's why it's newsworthy and worth ...
Hodinkee
We'll have further auction coverage in the coming weeks, but it's worth giving Phillips a bit more attention, as it continues to lead in year-over-year sales. The auction house sold a record total of over $290 million in watches last year and has had five years in a row with over $200 million in sales. The market has shifted (I'd argue at least twice) in the past few years, but despite the growing F.P. Journe, independent, and pocket watch (yes, pocket watch) markets, the top lots for Phillips continue to be Patek Philippe. At each of their spring auctions, Phillips is selling an important Patek to headline the sale, and each is the kind of watch that could be the pinnacle of the world's top collections. Normal caveat here: I haven't seen these watches in person yet, and anyone considering bidding should make sure to check any watch in person if at all possible. A Patek Philippe ref. 2523 Two-Crown World Time With Cloissoné Enamel South America Dial First, we have the star of Geneva, to be sold on May 9: the Patek Philippe ref. 2523 two-crown world time with cloisonné enamel map of South America, from 1953. Aside from rare variants of 2499s or 1518s (and a few repeaters), these two-crown watches, with their incredible, angular lugs and giant open canvas at the center of the dial, have become the holiest of Holy Grails for many collectors. They are rare enough to be hunted and coveted, but there are also enough out there to be studied, understood, and codified. Too rare o...
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The watch, a part of the late Robert Olmsted's history-changing collection, goes up for sale on December 8.
Video
Alright, let’s talk about the Rolex Datejust. The one everyone’s seen, everyone thinks they know, but somehow still manages to surprise you when you actually wear it!
Hodinkee
A look behind the rostrum at the career of the leading voice in the watch auction world.
Monochrome
Watchmaking prizes and competitions have a remarkable virtue. Their primary vocation is to discover new talents and bring them into the spotlight. A perfect example is the F.P. Journe Young Talent Competition, which has been celebrating and supporting young independent watchmakers since 2012. For me, this award was the opportunity to discover the extraordinary talent […]
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Highlighted by custom-order Cartier and possibly unique vintage pieces, JOOPITER's curated watch sale has a clear point of view.
Hodinkee
Don't call them trends; here are a half dozen things I learned by paying close attention to the public watch market as of late.
Hodinkee
Sotheby's Global Head of Watches talks about his considerable experience collecting watches, the lessons he's learned at live auctions, the fun of hotdogs and cotton candy, and how enthusiasm ties it all together.
Video
Time for a Q&A! Thanks to everyone who sent in their questions! If you want to have one of your questions featured in my next episode, make sure to follow me on Instagram and subscribe to my channel to not miss out on...
Fratello
Is the hype for luxury sports watches with integrated bracelets over? If you look at a benchmark in this market segment, the steel Audemars Piguet Royal Oak “Jumbo,” which sold for four times retail at the height of the wave, is now going for “just” twice the price on the secondary market. So, yes, the […] Visit Hands-On With The Gerald Charles Masterlink Blue - A Luxurious Integrated-Bracelet Sports Watch to read the full article.
SJX Watches
A longer-than-usual Geneva auction weekend just concluded, having started with Only Watch 2024 and concluded with Christie’s watch sale – both of which were postponed for different reasons. Only Watch set the tone for the rest of the sales. The appetite for buying was muted. Most watches performed as expected: desirable brands and watches did well, though not as well as they would have in 2022 or early 2023. A handful of watches were outliers and performed spectacularly. That said, there were more watches that sold poorly compared to either of the last two instalments. In sum, it was a reflection of the overall market for collectible watches. A night-time cyberattack On a sunny Friday morning in Geneva, just before Only Watch was scheduled to take place in the afternoon, it emerged that Christie’s had suffered a company-wide cyberattack that brought down its website, app, and everything else digital. According to a Christie’s representative, the cyberattack began in the early hours of Friday last week, which was fortunately daytime in Asia, so its Hong Kong office was able to respond. Even though the hack took place just before the watch and jewellery auctions in Geneva, the cyberattack was probably timed to take place before the following week of art sales in New York, where Christie’s will sell over US$800 million of art. Tess Pettavino making the opening speech. Image – Only Watch A colourful event Because of the cyberattack, Christie’s postponed its watch...
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Plus, we're nearly guaranteed to see one Rolex record broken in Monaco this weekend, and it's not the watch you expect.
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Eavesdrop on a Hodinkee Slack chat as we talk auction trends, rare Cartier London watches, tiny chronographs, and more from the upcoming New York auctions.
Hodinkee
Our friends at Phillips interrupt your regularly scheduled '90s Week content with a '90s-era surprise of their own.
Video
At the time of recording, the exchange rate was 1 GBP = 1.33 USD. Please note that exchange rates fluctuate, so the conversion may differ when you view this video. Always check current exchange rates for the most accu...
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How a watch company is pushing to increase diversity and inclusion within motorsport.
Hodinkee
All the Royal Oaks likely to make us go broke – plus lots more lots of watches to watch.
Hodinkee
Will this make Ellison a more visible man to the watch world?
SJX Watches
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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The latest trends and analyses of the ever-changing watch auction market.
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Every Omega Speedmaster collector knows the Moonwatch. But what about the watch that started it all?
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