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Results for Phillips (Watch Auctions)

20,677 articles · 5,845 videos found · page 313 of 885

Artisans de Genève Introduces the Lance Armstrong Skeleton “Daytona” SJX Watches
Rolex Daytona ref 116520 Dec 17, 2021

Artisans de Genève Introduces the Lance Armstrong Skeleton “Daytona”

Known for customised watches created for celebrity athletes, Artisans de Genève (ADG) has just revealed its latest project, the Armstrong. Based on a Rolex Daytona ref. 116520, the watch was commissioned by former pro cyclist Lance Armstrong. Though it looks thoroughly contemporary, it is modelled on the vintage Daytona ref. 6239 “Pulsations”, one of which just sold at Phillips for US$693,000. The vintage inspiration is literal, yet reinterpreted creatively. The Armstrong has been skeletonised and heavily modified, with both the hour register and automatic winding mechanism removed, resulting in an unusually minimalist watch. Initial thoughts Leaving aside Mr Armstrong’s chequered past – he was a cancer survivor and then multi-time world champion before getting a lifetime ban for doping – his namesake watch is surprisingly interesting. Although it is clearly modern in style, the Armstrong is vintage inspired – it is literally a manual-wind, “pulsations” Daytona. In that sense, it is actually a vintage remake with imagination. A significant amount of effort was clearly expended to get there, and the work appears to be of high quality. Doing away with large chunks of the movements feels drastic, yet the result is intriguing, both conceptually and visually. Or put more simply, it’s weird in a good way. The customisation is priced at about US$45,000, but that excludes the watch, which the client has to supply. It’s fair enough given the substantial work on...

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Ralph Ellison’s Omega Speedmaster breaks the record for the most expensive 145.012 ever sold Time+Tide
Omega Speedmaster breaks Dec 14, 2021

Ralph Ellison’s Omega Speedmaster breaks the record for the most expensive 145.012 ever sold

As the home of watch culture, Time+Tide is always intrigued by how the niche world of horology and the broader milieu of culture impact on each other. We previously explored the effect of celebrity provenance on watches and the prices they fetch, but this past weekend at Phillips we once again saw a clear indicator … ContinuedThe post Ralph Ellison’s Omega Speedmaster breaks the record for the most expensive 145.012 ever sold appeared first on Time+Tide Watches.

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FRIDAY WIND DOWN: Tiffany madness, DeBethune and Richard Mille in space, and a Marvel Hawkeye Rolex? Time+Tide
Richard Mille Dec 10, 2021

FRIDAY WIND DOWN: Tiffany madness, DeBethune and Richard Mille in space, and a Marvel Hawkeye Rolex?

Although we are approaching the holiday season, the watch world shows no signs of slowing down. A lot (pun intended) has been revealed this week – most notably the fact that tomorrow we’ll discover how well a Tiffany Blue 5711/1A-018 fares at auction when the bidding opens at Phillips. I am not typically a betting … ContinuedThe post FRIDAY WIND DOWN: Tiffany madness, DeBethune and Richard Mille in space, and a Marvel Hawkeye Rolex? appeared first on Time+Tide Watches.

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Philippe Dufour Grande Sonnerie Wristwatch Sells for US$5.2m SJX Watches
Nov 5, 2021

Philippe Dufour Grande Sonnerie Wristwatch Sells for US$5.2m

One of the most anticipated sales during Geneva’s watch auction week just concluded with a big number – the Philippe Dufour Grande Sonnerie wristwatch sold for CHF4.749 million, or about US$5.2 million, including fees. While bidding was steady, it was restrained. Three bidders were the key movers behind the result – a phone bidders represented by Yong Ho and Alex Ghotbi of Phillips in Hong Kong and Geneva respectively, as well as an online bidder in Singapore. At the end it was down to the Singaporean buyer and Mr Ghotbi’s phone bidder, who clinched the watch with a hammer of CHF3.9 million. I wrote just earlier this week that I expected the Grande Sonnerie to sell for between US$4.0-5.0 million, so the result was well within my expectation. While there was talk of a far higher number prior to the sale, a variety of factors led me to that range, including the number of known potential buyers as well as the values of comparable watches. And that was how it turned out.  

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Highlights: Sotheby’s ‘Fine Watches and Rare Sneakers’ Online Auction SJX Watches
Patek Philippe Calatrava Jul 6, 2021

Highlights: Sotheby’s ‘Fine Watches and Rare Sneakers’ Online Auction

Sotheby’s latest online sale is in a quirky combination of luxury watches and high-end sneakers – some of which cost more than the watches. Fortunately the large majority of the 164 lots are horological, with a selection of watches that’s diverse and interesting, led by a couple of heavyweight top lots. The heavyweights are quite literal, both complicated watches in platinum from brands widely regarded as benchmarks in contemporary watchmaking: an F.P. Journe Tourbillon Souverain with a platinum case and bracelet, along with the A. Lange & Söhne Zeitwerk Luminous “Phantom”. The sale also includes more esoteric watches that might be overlooked, including as a retailer-edition Patek Philippe Calatrava with ruby markers, and a Grand Seiko “First” remake in platinum. The Fine Watches and Rare Sneakers auction is live online from now until June 8, 2021. The full catalogue and registration for bidding are available here. Lot 8201 – F.P. Journe Tourbillon Souverain Platinum Introduced in 2004, the F. P. Journe Tourbillon Souverain was the successor to the original Tourbillon Remontoir d’Egalite. Like the original, the Tourbillon Souverain combined both a tourbillon regulator and constant force mechanism in a quest for accuracy. Its most obvious distinction against its predecessor was the small seconds at six linked to the remontoir mechanism. The Tourbillon Souverain itself was replaced in 2019 by something bigger and vertical, making it increasingly uncomm...

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Up Close: Patek Philippe Ref. 2523 World Time Cloisonne “Eurasia” SJX Watches
Patek Philippe Ref 2523 World Time Apr 22, 2021

Up Close: Patek Philippe Ref. 2523 World Time Cloisonne “Eurasia”

The upcoming spring auction season is bringing with it a surprising number of vintage Patek Philippe world time wristwatches. Christie’s will be offering three of them during its evening sale on May 22, including the famed and unique ref. 1415 HU in platinum that once held the record of most expensive watch in the world when it last sold publicly in 2002 and achieved CHF6.6 million including fees. Phillips, on the other hand, will be offering the Patek Philippe ref. 2523 “Eurasia” publicly for the very first time. Long owned by an Italian collector until it was acquired by the present owner in the mid 1990s, this ref. 2523 is one of just three known with a cloisonné dial bearing the “Eurasia” map – and it is in strikingly fine condition. I put it on my wrist during the preview exhibition, and the watch is gorgeous, crisp, and arguably every dollar of the ten or more million it’ll sell for. The hallowed complication Despite not being amongst the most complicated watches Patek Philippe made in the 20th century, its world-time wristwatches (and also pocket watches) are amongst the brand’s most coveted and valuable timepieces. Well before the platinum ref. 1415 HU set a record in 2002, examples of the ref. 2523 with cloisonné dial were regularly selling for well over US$1 million at auction in the 1990s – and are the inspiration for the today’s world-time models, including the recent ref. 5231J. The fact that the world-time was a favourite of Osvaldo Patr...

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MICRO MONDAYS: The William Wood Triumph collection is a set of chronographs ready to catch fire Time+Tide
Feb 28, 2021

MICRO MONDAYS: The William Wood Triumph collection is a set of chronographs ready to catch fire

William Wood is known for their well built and accessibly priced timepieces, all of which are inspired by fire rescue and the brave people who put their lives on the line every day. We’ve covered the full backstory of the brand and its name before, but just to recap: William Wood was the name of … ContinuedThe post MICRO MONDAYS: The William Wood Triumph collection is a set of chronographs ready to catch fire appeared first on Time+Tide Watches.

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Business News: Swatch Group Sales Plunge on Pandemic Closures SJX Watches
Longines had Jul 14, 2020

Business News: Swatch Group Sales Plunge on Pandemic Closures

Swiss watchmaking conglomerate Swatch Group just announced its half-year 2020 results and unsurprisingly, it took a huge hit due to the COVID-19 pandemic. Although the group, which owns brands like Omega and Longines, had a good start in January with an operating margin of 17.3% – with the watch and jewellery brands performing a bit better than movement- and component-production division – the lockdown progressively imposed across the world since February severely impacted sales, leading to a steep declines in revenue and half-year operating loss, a first for the group. Group sales for the first half plunged 43.4% at constant exchange rates from a year earlier, resulting in an operating loss of CHF327m, compared to a profit of CHF547m for the same period in 2019. Most of the drop in sales was attributed to the lockdowns in most countries, resulting in widespread store closures. The Swatch Group saw up to 80% of both its own boutiques and third-party retailers close, meaning it had to rely on partially “partially feasible” e-commerce. And even after lockdowns were lifted, the group permanently vacated some of its retail space, as evidenced by disputes with its former landlord in Hong Kong, which has sued the Swatch Group for several million in allegedly unpaid rent. Due to its swiftly-streamlining retail network, the group’s employee count was trimmed by 6.5% since December 2019 to approximately 33,700 employees. This was also confirmed by anecdotal evidence fro...

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Urwerk to Sell UR-111C Worn by Robert Downey Jr. for Charity SJX Watches
Urwerk Feb 20, 2020

Urwerk to Sell UR-111C Worn by Robert Downey Jr. for Charity

Synonymous with playing Iron Man in Disney’s The Avengers franchise, Robert Downey Jr. is also a fan of Urwerk, having worn several of its watches on screen. Having loaned an Urwerk UR-105 CT to Mr Downey to wear in Avengers: Endgame, the watchmaker then offered the watch up for a good cause, selling it at Phillips auctioneers last year for US$312,500. Proceeds from the sale went to Random Act Funding, a charity established by Mr Downey and his wife, Susan. Now another watch worn by Mr Downey is going under the hammer, once again to benefit Random Act Funding. The watch in question is the UR-111C Black that was worn by Mr Downey to the premieres of Avengers: Endgame in New York and Los Angeles last year. Robert Downey Jr. sporting the UR-111C. Photos – Urwerk Offered in like-new condition, the UR-111C is one of just 25 examples made and identical to the standard model save for one important detail: “RDJ” is engraved on the case place where the serial number would usually be. The watch is being sold in an online auction, with the bidding starting at 125,000 Swiss francs. Bids can be placed from now until 9:00 pm Swiss time on February 24. Only registered members of Urwerk Pre-Owned can bid on the watch, and registration can be done on Urwerkpreowned.com. For more information, please contact Urwerk social media manager Alex Rose.  

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Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown SJX Watches
Longines just announced Jan 30, 2020

Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown

Hong Kong’s political unrest has resulted in the first fall in annual profits at the Swatch Group since 2018. The world’s biggest watchmaking group, which owns brands like Omega and Longines, just announced its 2019 results, showing declines in both sales and profits. Net profit fell 13.7%, while sales declined 1.8% at constant exchange rates, or 2.7% at current rates, to 8.24 billion francs. The drops in profit and sales were primarily due to a drastic contraction of its business in Hong Kong – a city with a population of just 7.4 million – where Swatch Group owns over 90 retail stores, largely catering to shoppers from the China. Sales in Hong Kong for the second half of 2019 fell by 200 million francs. While Hong Kong was the key driver of the decline, it was not the only one. The luxury watch business in general is suffering from anaemic growth, which is also evidenced by the watch division results at diversified luxury groups like LVMH and Kering. On a more positive note, Swatch Group has managed to fulfil its stated aims of reducing operating expenditure and thinning inventory. Operating expenses dipped about 6%, while operating cash flow rose 30% in 2019. And after several consecutive years of growth, the group’s inventories declined by 1% in 2019, to a still-substantial 6.85 billion francs at cost. It’ll be a slow 2020… With Swatch Group predicting the situation in Hong Kong will continue to be “challenging” in 2020, it is in a weaker positio...

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Swatch Introduces the Big Bold Jelly SJX Watches
Swatch Dec 27, 2019

Swatch Introduces the Big Bold Jelly

One of the iconic Swatch watches from its 1980s heyday was the Jelly Fish (ref. GZ010), which was unveiled in 1983, the same year Swatch itself was launched. A quartz movement entirely exposed in a clear plastic case – accented with brightly coloured hands – the Jelly Fish was a bestseller that encapsulated what Swatch was all about: no-frills but fun watchmaking. The Jelly Fish remained in production, in one form or another – there was even a COSC-certified chronometer limited edition (GK124) in 1990 – for over two decades. Now the spirit of the Jelly Fish returns as the Big Bold Jelly, essentially the same idea but in a larger watch case. The Big Bold Jelly features a quartz movement inside a Big Bold case, just like the recent limited editions created in collaboration with fashion label A Bathing Ape (BAPE). The case is a large 47mm in diameter, with the crown unusually positioned at two o’clock. But just as with the original Jelly Fish, the case is clear plastic, while the band is translucent silicone. And the hands are rendered in bright colours – red, yellow and blue – with a bit more colour provided by the gilded wheels within the movement. Key facts and price Big Bold Jelly Ref. SO27E100 Diameter: 47mm Height: 11.75mm Material: Clear plastic Water resistance: 30m Movement: Quartz Functions: Hours, minutes, and seconds Strap: Silicone with aluminium pin buckle Availability: At Swatch stores Price: US$110 For more information, visit Swatch.co...

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The Mysterious Patek Philippe Ref. 2499 with a Vichet Case and Round Pushers SJX Watches
Patek Philippe Ref 2499 Dec 8, 2019

The Mysterious Patek Philippe Ref. 2499 with a Vichet Case and Round Pushers

Watches that are historical curiosities often make for good stories, and sometimes record-setting prices. The Patek Philippe ref. 2499 at Phillips’ upcoming New York sale, as it happens, is one such watch. Rare and usually expensive, the ref. 2499 is not the first perpetual-calendar chronograph made by Patek Philippe – that distinction goes to the smaller ref. 1518 – but it’s the most desirable, broadly speaking, because it has a largish case well suited to modern tastes. Introduced in 1950, the model is regarded to have been produced in four distinct series, each distinguished by various details like the shape of the pushers and the dial. The first series ref. 2499 is characterised by square, or rectangular, pushers, applied Arabic numerals on the dial, which also has a tachymetre on its periphery. For approximately the first two years of its production, the ref. 2499 relied on cases made by Emile Vichet, a Geneva specialist that was the go-to case maker for Patek Philippe during the period. Vichet case, round buttons. Image – Phillips Vichet and Wenger Vichet cases feature distinctive lugs, usually described as claw-like, which are elongated and curve sharply downwards. And because Vichet cases have a flat, as opposed to domed, case back, they sit slightly elevated, on the the tips of each lug, when placed on a table. The number of 2499s with Vichet cases is tiny: around four known in pink gold, and about 10 in yellow gold. Though Vichet went out of business i...

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Hands-On: F.P. Journe Octa Réserve de Marche Prototype SJX Watches
F.P. Journe Octa Réserve de Marche Dec 2, 2019

Hands-On: F.P. Journe Octa Réserve de Marche Prototype

As has become tradition, a good part of Phillips’ upcoming New York watch auction is a memorabilia sale of sorts, including watches owned by Marlon Brando, golfer Jack Nicklaus, and astronaut John Glenn, as well as the Urwerk worn by Robert Downey Jr. while playing Iron Man in Avengers: Endgame. The auction also includes a piece of historical horological memorabilia: an F.P. Journe Octa Réserve de Marche prototype. The prototype is largely identical to the later, serially produced version of the watch – the case is platinum and the dial, yellow gold – but is marked as a prototype on the case back, and also bears the various traits unique to early watches made by Francois-Paul Journe. The cal. 1300 Launched in 2002 and discontinued in 2014, the Octa Réserve de Marche was the brand’s first entry-level wristwatch, powered by an automatic movement, the cal. 1300. Originally conceived to have an eight-day power reserve – hence “Octa” – the movement instead has a power reserve of 120 hours, or about five days. Reputedly constructed with a gear train borrowed from a robust and well-known hand-wind movement plus an extra-large mainspring, the cal. 1300 was the base calibre for the entire Octa line. Although a variety of complications were added on top, ranging from the Octa Chronograph to the annual calendar of the Octa Calendrier, all versions of the movement had identical height of 5.7mm regardless of function. The slimness and smart construction did come at th...

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Up Close: Patek Philippe Ref. 3652 Minute Repeater “Golay Fils & Stahl” SJX Watches
Patek Philippe Ref 3652 Minute Repeater Nov 5, 2019

Up Close: Patek Philippe Ref. 3652 Minute Repeater “Golay Fils & Stahl”

The most intriguing watch in Phillips’ upcoming Double Signed auction is by far the smallest watch in the sale – it’s the Patek Philippe ref. 3652 that’s just 31mm in diameter. In fact, the ref. 3652 is a dead ringer for a Calatrava ref. 96 from the 1930s. But – the ref. 3652 is a unique reference produced during a brief period when Patek Philippe is known to have made a handful of remarkably interesting, one-off timepieces. All were powered by vintage movements, and some were vintage watches freshly re-cased. One example is the ref. 3651, a chronograph re-cased in the late 1980s of which only a handful are known. Most of these watches are now in its museum; some of them were made for Philippe Stern himself, who was then running the company alongside his father, Henri. The ref. 3652 was one such reference, created as a custom watch for a client. It’s a minute repeater made in 1985, but powered with a ladies’ watch movement from the early 20th century. And it has a fired enamel dial signed “Golay Fils & Stahl” – which was a watchmaker itself a century before. At 31mm, the watch is tiny by any standard. That’s compounded by the fact that the lugs are set widely apart, making the case seem even smaller. If not for the slide on the case, it would easily pass as a ref. 96, the quintessential Calatrava model that Patek Philippe produced for some four decades until 1973. But the ref. 3652 is neither a ref. 96 nor a vintage watch, which is why it’s inte...

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Highlights from Jean-Claude Biver’s Collection on Show in Geneva SJX Watches
Audemars Piguet where he started his Nov 5, 2019

Highlights from Jean-Claude Biver’s Collection on Show in Geneva

Now the non-executive chairman of the watch division at LVMH, Jean-Claude Biver has enjoyed a remarkable career in the watch industry that has spanned some 45 years. That success has enabled him to build a timepiece collection that is both magnificent and diverse, ranging from vintage Patek Philippe to modern independent watchmaking. Now the entire collection will be on display for the first time at Phillips in Geneva, after which it will embark on a world tour. Bookends of Mr Biver’s career so far: a Royal Oak ref. 5402 ST by Audemars Piguet, where he started his career And a Hublot Big Bang Tourbillon Chronograph Titled Jean-Claude Biver: A Retrospective. Share, Respect, Forgive, the exhibition includes two dozen watches – including some lovely Patek Philippe pocket watches – that are amongst the best examples of 20th century watchmaking. Notably, the collection also includes several watches by prominent independent watchmakers, many of which were relatively recent purchases. They include a Philippe Dufour Simplicity in rose gold – the exact watch we featured several weeks ago in fact – and a fresh-off-the-press Akrivia Chronometre Contemporain in platinum. According to an inside source, Mr Biver’s late-in-life interest in independent watchmaking, and also the Rolex Daytona “Zenith”, is the result of counsel from his son, Pierre, who is a specialist at Phillips’ London office, showing that the love of watches can be hereditary. A Patek Philippe Ref. 15...

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The Rise and Fall of Asprey of London (and a Personalised F.P. Journe Wristwatch) SJX Watches
Louis Vuitton Oct 31, 2019

The Rise and Fall of Asprey of London (and a Personalised F.P. Journe Wristwatch)

An F.P. Journe Octa Calendrier caught my eye at Phillips’ upcoming Geneva auction, not because of the watch itself, but because of the name engraved on the movement: “John R. Asprey”. Now 82, John Rolls Asprey ran his family’s luxury emporium in its heyday, when it was a purveyor of watches, jewels, silverware, fine bookbinding and hunting accessories, with the Sultans of Brunei and Oman as its top clients. Unusually, Asprey was a prominent name in two diverse segments of watchmaking – what are now valuable vintage watches, think “Khanjar” Rolex watches, as well as modern-day independent watchmaking. How it came to be is the remarkable story of the rise and decline of a grand name in British luxury retail. A wondrous emporium Long before luxury brand names had coalesced into conglomerates like LVMH and Richemont, they were independent, family-owned enterprises that were small but globally known – at least by the right clientele. Amongst them were names that are still famous today, including Cartier, Louis Vuitton, and Tiffany & Co., but also one that is less well known now, Asprey of London. Founded in 1781 and having opened in 1847 at 167 New Bond Street – still its premises today, albeit leased – Asprey was once London’s leading luxury merchant. In some ways, it was the ultimate gift shop, where one could buy all manner of exotic and exquisite goods from all over the world, from books to watches to sceptres to crystal. Many of the elaborate objects ...

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TAG Heuer Unveils Unique, Hand-Finished Monaco “Steve McQueen” SJX Watches
TAG Heuer Unveils Unique Hand-Finished Monaco Oct 28, 2019

TAG Heuer Unveils Unique, Hand-Finished Monaco “Steve McQueen”

The upcoming Phillips New York auction includes an unusual watch: the Monaco Piece d’Art, a one-off vintage watch restored and hand-finished by TAG Heuer that’s being sold to benefit a charity in the city. Created to mark the 50th anniversary of the iconic square-case chronograph, the Monaco Piece d’Art started out as a ordinary example of the Monaco ref. 1133B – also known as the “Steve McQueen” after the actor wore one in the 1971 film Le Mans – one of several specimens in TAG Heuer’s own museum. Hand-decorated and upgraded The Monaco ref. 1133B was powered by the Calibre 11 Chronomatic, one of the first automatic chronograph movements ever launched; the Chronomatic made its debut in 1969, the same year as the Zenith Primero and Seiko cal. 6139. Though important in the history of watchmaking, the Chronomatic movement was functional and fuss-free. So TAG Heuer decided to change that. The movement inside the Monaco Piece d’Art was taken apart and then carefully decorated, part by part, by a four-person team of watchmakers over three months. The steel levers and springs of the chronograph mechanism were straight grained and bevelled, screws heads were flat polished, gears were given circular graining, and so on. Even the countersinks for the jewels and screws were polished. The refinished movement inside the Monaco Piece d’Art (left), with an original Calibre 11 Chronomatic But the reworking of the movement was not merely aesthetic. The jewel count was...

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Rolex Unicorns Part III – Ref. 6062 Triple Calendar “Stelline Gordon Bethune” SJX Watches
Rolex Unicorns Part III – Oct 21, 2019

Rolex Unicorns Part III – Ref. 6062 Triple Calendar “Stelline Gordon Bethune”

The third important vintage Rolex – in my opinion – at Phillips’ upcoming Geneva auction, after the ref. 4113 split-seconds chronograph and mint ref. 8171 “Padellone”, is the ref. 6062 “Stelline” triple calendar that once belonged to Gordon Bethune, the executive best known for turning around Continental Airlines during his decade-long tenure starting in 1994. The watch a sterling example of the ref. 6062 – and will sell for well over a million dollars – but it is also notable for what it says about the development of the vintage watch market. Now 78 and retired, though he pops up regularly on CNBC to comment on the airline industry, Mr Bethune accumulated his watch collection over two decades. He sold the bulk of it in 2012, but remains probably the only famous business executive known to have collected watches in a serious fashion (another is perhaps former Hollywood talent agent Michael Ovitz, though he more widely regarded as an important collector of contemporary art). Mr Bethune’s collection was inclined towards great, even some of the best, examples of important, uncommon and desirable watches, rather than extraordinarily or unique models. So he owned one of the best-preserved, all-original examples of the ref. 6062s “Stelline”, rather than say a well-worn ref. 6062 with a black, diamond-marker dial. It was a cold day in December… The Gordon Bethune Collection of Fifty Exceptional Vintage Wristwatches took place in December 2012 at Christi...

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Swatch Inaugurates New Headquarters in Biel SJX Watches
Longines Oct 19, 2019

Swatch Inaugurates New Headquarters in Biel

A long snaking building that stretches some 240m, the new Swatch headquarters in Biel, or Bienne in French, is the culmination of five years of work. Selling about 9.5m watches a year for about 450m Swiss francs of revenue, according to Swiss bank Vontobel, Swatch was the foundational company of its parent, the aptly named Swatch Group, which also owns Omega and Longines. Like many of its parent company’s recent projects, the Swatch building was designed by Japanese architect Shigeru Ban, the 2014 Pritzker Prize winner who is best known for his works of wood or paper, as well as his temporary structures for humanitarian aid. Its new home is covered in a honeycomb timber grid that incorporates windows, nine balconies and solar panels. Visible from the inside is the Swatch logo, derived from the Swiss cross, incorporated into some of the grid’s cells. And hidden within the structure is a network of wires and cables for telecommunications, electricity and the like. The Swatch headquarters, with the Omega building at the far left The Swatch building ends in La Cite du Temps, which sits in front of the Omega factory and headquarters Shigeru Ban, Nayla Hayek, and Nick Hayek Jr at the opening ceremony on October 3, 2019 The glass-walled Swatch store in front of the new headquarters With the new headquarters in the background Light, flexible and sustainable, the timber beams used for the outer structure number some 4,600, all precisely cut to fit with join with each other per...

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RECOMMENDED WATCHING: René Beyer on Beyer double-signed dials Time+Tide
Oct 17, 2019

RECOMMENDED WATCHING: René Beyer on Beyer double-signed dials

In their upcoming auction, Phillips is focusing their attention on the finest examples of highly coveted double-signed dials. A double-signed dial is where a brand has allowed the name of the retailer that will sell the watch to appear on the dial, alongside the brand’s name. Retailers that have had the opportunity to showcase their … ContinuedThe post RECOMMENDED WATCHING: René Beyer on Beyer double-signed dials appeared first on Time+Tide Watches.

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Hands-On: Roger W. Smith Series 2 “Edition 2” SJX Watches
Patek Philippe Nautilus “Jumbo” ref 3700 Sep 3, 2019

Hands-On: Roger W. Smith Series 2 “Edition 2”

The Phillips Perpetual boutique in London officially opens this week with 40 watches encompassing all important genres of watch collecting, from a Rolex Daytona “John Player Special” to a Patek Philippe Nautilus “Jumbo” ref. 3700 (from the collection of Jean-Claude Biver no less). But one of the flagship offerings is an important example of independent watchmaking – a Roger W. Smith Series 2 “Edition 2” that’s “No. 1”. It is very much a quintessential, early Roger W. Smith creation with the hallmark elements of his watchmaking. But the watch is also historically interesting, being an example of the road not taken for Mr Smith. The forgotten “Edition” This watch illuminates an intriguing bit of early Roger W. Smith history. Shortly after Mr Smith delivered the first batch of Series 2 watches in late 2007, he decided to create the “Edition” concept. According to Mr Smith, the idea was to produce Series 2 as a limited edition of 90 watches in total, with 30 watches in each colour of gold. All Edition watches had 38mm cases and solid silver dials; the Edition 1 was in yellow gold, Edition 2 in rose, and Edition 3 in white gold. At the same time, Mr Smith also offered custom versions of the Series 2, which were also available in a platinum case. But as it turned out, most clients wanted a custom watch, rather than an Edition example. So Mr Smith discreetly abandoned Edition not long after, and only a five of each Edition were made. This is on...

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BUSINESS NEWS: Why the Swatch Group has millions of watches sitting in warehouses Time+Tide
Longines Jul 29, 2019

BUSINESS NEWS: Why the Swatch Group has millions of watches sitting in warehouses

The Swatch Group have published their 2019 Half-Year Report, revealing some interesting information. The group has reported an increase in their inventory levels, which include components, movements and watches, to a total of 7.1 billion Swiss francs (up 2.6 per cent from 2018). More broadly, the group, which owns brands such as Tissot, Longines and … ContinuedThe post BUSINESS NEWS: Why the Swatch Group has millions of watches sitting in warehouses appeared first on Time+Tide Watches.

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RECOMMENDED READING: Do watches hold their value during a downturn? Time+Tide
Jul 26, 2019

RECOMMENDED READING: Do watches hold their value during a downturn?

Much has been written about the growth of the pre-owned watch market in recent years, but just how long has this been happening, and will watches hold their value during a recession? With consecutive seasons of watch auctions breaking all-time records, luxury conglomerate Richemont spending an estimated €200m to acquire second-hand dealer Watchfinder & Co … ContinuedThe post RECOMMENDED READING: Do watches hold their value during a downturn? appeared first on Time+Tide Watches.

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