Revolution
The Strength and Might of the Paneristi
Prepare yourself for a watch story like no other about a watch community like no other, as told by metalhead, DEA agent and lifelong Paneristi @GregWatchman
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SJX Watches
Auction Report: Albert Piguet Double-Balance Resonance Watch Sells for CHF250,000
One of the most interesting lots in the second instalment of Masterworks of Time at Sotheby’s that just concluded was a seemingly unassuming pocket watch with an estimate of just 7,000-10,000 Swiss francs. But the pocket watch contains a movement with a single gear train driving double balance wheels linked by a differential, constructed to keep time according to the principles of resonance. This is one of the very movements that inspired Philippe Dufour to create the Duality. And its appearance at auction comes at an opportune time, with F.P. Journe going to launch an entirely new Resonance movement in 2020. The Philippe Dufour Duality Mr Piguet of Lemania The movement was made by Albert G. Piguet (1914-2000), a noted watchmaker who finished the movement in 1933, just before graduating from the École d’Horlogerie in Le Sentier, then the premiere watchmaking school in the Vallee de Joux. He joined movement maker Lemania after graduation, and eventually rose to technical director. Piguet stayed in that role from 1948 to 1980, during which he helped develop numerous calibres, including the important CH27 chronograph movement that later became the cal. 321 found in the early Omega Speedmaster Moonwatch, and also the cal. 2310 used by the likes of Patek Philippe and Vacheron Constantin. Piguet’s 1933 pocket watch movement is just one of six produced between 1932 and 1934 by students at the watchmaking school, working under the tutelage of headmaster Marcel Builleumi...
Time+Tide
VIDEO: Automotive attitude with the TAG Heuer Carrera Calibre 16
This year, the brand known for their focus on avant-garde techniques has updated one of their most iconic sporting chronographs, to produce the best-looking TAG Heuer Carrera Calibre 16 in recent years. With an aesthetic of clean refinement, the less-is-more approach has come up trumps in a watch that prioritises robust functionality over notions of … ContinuedThe post VIDEO: Automotive attitude with the TAG Heuer Carrera Calibre 16 appeared first on Time+Tide Watches.
Quill & Pad
Only Watch 2019 Post-Auction Thoughts: Smashing Records For A Great Cause Plus The $31 Million Patek Philippe Grandmaster Chime’s Record Grab On Video
The buzz around Geneva over the entire week was nothing if not intense: Only Watch 2019 was about to set some records, and people wanted to witness it. Elizabeth Doerr shares the palpable excitement plus a video of the moment Patek Philippe set its $31 million record and more here.
Time+Tide
Tudor’s Black Bay Ceramic One sold for a ridiculous amount at Only Watch 2019
If history is anything to go by, we shouldn’t have been surprised at news coming out of Only Watch 2019 that Tudor’s entry into the charitable auction, the Black Bay Ceramic One, had sold for a staggering 350,000 CHF ($515,000 AUD). In fact, for Tudor’s third pièce unique entered into Only Watch to do anything … ContinuedThe post Tudor’s Black Bay Ceramic One sold for a ridiculous amount at Only Watch 2019 appeared first on Time+Tide Watches.
Hodinkee
HODINKEE Radio: Episode 65: Drake's Creative Director Michael Hill And Some Serious Horological Highlights
Moving to Savile Row, playing with color, and why it's important to challenge yourself.
SJX Watches
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...
SJX Watches
Montblanc Introduces the Heritage Small Second with a Minerva-Minerva Movement
During a chat with Montblanc watch division chief Davide Cerrato this weekend in Geneva – where the split-seconds chronograph he created for Only Watch sold for a 100,000 Swiss francs – he revealed the company had recently discovered a small number of finished Minerva MB M62.00 movements from the early 2000s. Already decorated and assembled, the hand-wound movements were then paired with a specially designed dial to create a discreet limited edition. The calibres were produced in 2003, during the brief period from 2000-2006 when Minerva was owned by Italian former billionaire Emilio Gnutti who was later convicted of insider trading. Mr Gnutti radically remade Minerva after he took over, elevating it from a producer of competent and honest watches into one focused on ultra high-end timepieces with exceptional movement finishing. But his endeavour was not financially viable and he sold Minerva to Richemont, which integrated the brand into Montblanc. The Minerva-Minerva movement The MB M62.00 in the new Heritage Small Second come from this period, so they have impeccable finishing. But unlike Minerva movements produced after the Montblanc takeover, these movements were wholly finished prior to the Richemont takeover so they are only marked “Minerva” and “Villeret”. Though the MB M62.00 are identical, both in style and finishing, to later movements marked “Montblanc”, aficionados will appreciate the nostalgic Minerva logo. The MB M62.00 movement is derived fr...
Time+Tide
Remembering the TAG Heuer Autavia Jo Siffert Collector’s Edition
Editor’s note: When it comes to making timepieces with an affiliation to the full-throttle world of motorsport, few watchmakers have more success than TAG Heuer. Take this TAG Heuer Autavia Jo Siffert Collector’s Edition for instance. Here is a wristwatch that faithfully pays homage to the original Heuer Autavia 1163T or, as it’s more commonly … ContinuedThe post Remembering the TAG Heuer Autavia Jo Siffert Collector’s Edition appeared first on Time+Tide Watches.
Time+Tide
INTRODUCING: The TAG Heuer Monaco 02
TAG Heuer’s fabled Monaco wristwatch, a timepiece immortalised in the annals of motorsport as a result of Steve McQueen sporting one in the 1971 film Le Mans, is for the first time in its history being produced with an in-house movement. That’s right, whether you were aware of it or not, the TAG Heuer Monaco … ContinuedThe post INTRODUCING: The TAG Heuer Monaco 02 appeared first on Time+Tide Watches.
SJX Watches
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,...
SJX Watches
Business News: Citizen Sticks with Baselworld for 2020
Shortly after Seiko announced it was pulling out of Baselworld 2020, fellow Japanese watchmaker Citizen announced it was staying put, along with all of its subsidiary brands, save for Arnold & Son. According to a report in Chronos Japan, the decision was made in the summer, after some internal debate as to whether or not to remain in Baselworld, where Citizen has long boasted one of the most avant-garde booths, year after year. The Citizen booth at Baselworld 2019 Citizen – which launched a record-setting quartz watch at Baselworld 2019 – might have moved to the recently announced Watches & Wonders in Geneva, but that did not happen. So the brand, along with its subsidiaries Bulova, Frederique Constant, Alpina, and Miyota, will continue to exhibit at Baselworld. Only Arnold & Son, a relatively high-end Swiss brand also owned by Citizen, will exhibit at Watches & Wonders. According to an industry source, the remaining major Japanese watchmaker, G-Shock maker Casio, will also continue to show at Baselworld. Source: Chronos Japan
Two Broke Watch Snobs
Seven Minutes In Heaven: The Monta Atlas
It’s been a long time coming. Finally, after sitting on this for a bit, I’m ready to share some thoughts about the Monta Atlas GMT. Recently, work and life have managed to brutally pull me under-but when a great watch has to be written about, I do my best to share my review when I can. Monta is the product of a new era of microbrands pushing into uncharted territory with a controversial pivot toward four-digit price points.
Time+Tide
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.
Time+Tide
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.
SJX Watches
The Most Expensive Watch Ever – Patek Philippe Grandmaster Chime in Steel for CHF31m
The Patek Philippe Grandmaster Chime ref. 6300A made for Only Watch 2019 has just made history by selling for 31m Swiss francs – selling to a new face at watch auctions – topping the 23m francs achieved by the Henry Graves Supercomplication and the 17m francs of Paul Newman’s “Paul Newman” Daytona. Before the Grandmaster Chime sold for the record-setting sum, I wrote: A major, outsized finish of 12m or 15m francs, or even more, is possible but only likely if an unexpected, deep-pocketed bidder buys the watch, or manages to push the winner further than expected. I was way off the mark value-wise, but at least half right. The bidding opened with room bids, first a 5m franc bid from gem dealer and auction veteran Claude Sfeir, followed by 10m francs from a prominent SE Asian collector. But the action swiftly moved to phone bidders, all bidding via Christie’s representatives, including Stéphane Von Bueren of the watch department in Geneva. It was a prolonged tussle – with bidding rising in 500,000 franc increments – between Mr Von Bueren’s client and another represented by Wei-Ting Jud of Christie’s London. Once bidding hit 17m francs, there was brief applause as the watch topped the record of Paul Newman’s Rolex Daytona. At 22.5m francs, a new bidder jumped in, represented by Max Fawcett of Christie’s Geneva. From there it was Mr Fawcett against Ms Jud – and another round of applause when the watch surpassed the record set by the Graves Supercompli...
Deployant
The 2019 Sinn 206 ARKTIS II
20 years on, the brand updates the Sinn ARKTIS with the ARKTIS II. It is mostly the same watch with a larger case. It bears the same library of high performance specs and with an updated D3-system on the pushers.
Time+Tide
The 3 mistakes I made buying a vintage watch, my cautionary tale
How did I accidentally become a vintage watch guy? Partly, I blame the fact that I’ve got the spindly wrists of a teenage girl. That meant I naturally gravitated towards smaller dials. But I also put it down to the tawdry state of my finances. When I first started to get into watches - before the retro … ContinuedThe post The 3 mistakes I made buying a vintage watch, my cautionary tale appeared first on Time+Tide Watches.
Time+Tide
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.
SJX Watches
Zenith Introduces the El Primero A386 Phillips Limited Edition
In a first for watchmaking, an establishment watchmaker has collaborated with an auctioneer in creating a pair of limited edition wristwatches, resulting in the El Primero A386 designed by Phillips. The tie-up has resulted in a pair of watches, one in steel with a “tropical” dial, and the other in striking black and gold – with the total number made being just 69, a nod to the year of the El Primero’s launch. The two watches are actually part of the same creative process that spawned the platinum El Primero A386 One-Off that will soon be sold for charity. Aurel Bacs and Alex Ghotbi of Phillips were responsible for conceiving the look of both watches. According to Phillips, the duo imagined being designers of the brand-new El Primero in 1969, rather than looking back from today and creating a modern remake. The yellow gold El Primero is consequently a combination that was common back in the day – think Rolex Daytona “John Player Special” though never produced by Zenith. And the steel version is not actually a “tropical” dial, rather it is a reference to the brown colours fashionable in design and apparel during the 1960s. Hence it has its sub-dials in three shades of brown, a riff on the “tricolour” registers of the original A386. And the steel watch comes with a bonus: a steel “ladder” bracelet with straight end links that’s a replica of the same found on the original A386. Key facts and price El Primero A386 Phillips Limited Edition Ref. 30.P38...
Hodinkee
Introducing: The Audemars Piguet Royal Oak Minute Repeater Supersonnerie
AP drops its most wearable and desirable Supersonnerie to date.
Time+Tide
Taking another look at the Omega Seamaster Planet Ocean “Big Blue”
Editor’s note: Omega’s Seamaster collection is vast and varied, and the Swiss watchmaking powerhouse isn’t shy when it comes to creating new and innovative variants of its iconic diving watch. A classic example of this explorative ethos is this - the Omega Seamaster Planet Ocean “Big Blue”. The gorgeous and amply proportioned 45.5mm case is hewn … ContinuedThe post Taking another look at the Omega Seamaster Planet Ocean “Big Blue” appeared first on Time+Tide Watches.
Time+Tide
RECOMMENDED WATCHING: Joe Rogan talks watches
Unless you’ve been in hibernation for the last five years, or you’ve had a complete moratorium on any type of connection to the Internet, chances are you’ve heard about Joe Rogan and his podcast. In fact, the comedian and former host of Fear Factor has such a large reach on the interwebs that his podcast … ContinuedThe post RECOMMENDED WATCHING: Joe Rogan talks watches appeared first on Time+Tide Watches.
SJX Watches
Business News: Richemont Reports Flat Watch Sales and Losses Online
Having just announced its six-month results to the end of September, luxury conglomerate Richemont eked out a rise in sales driven by its jewellery division, with its online business staying in the red and watchmakers showing no growth. Sales rose 9% increase to €7.397 billion, with a stable net profit of €869 million, based on actual exchange rates. The group reported double-digit sales growth in China, Korea, Japan, the US and the United Kingdom. But overall sales in Asia Pacific, which accounts for 37% of the group’s sales, has been subdued, mostly due to the political unrest in Hong Kong, which accounts for around 10% of the group’s revenue. The city saw sales drop by double digits. Richemont’s jewellery brands, namely Cartier and Van Cleef & Arpels, though it just added Buccellati to its portfolio, reported an 8% rise in sales. Notably, it was led by a higher increase in watch sales than jewellery. Prospects for the group’s watch brands, which include IWC and Panerai, have been muted due to the slump in its biggest market, Hong Kong. Richemont singled out Panerai, A. Lange & Söhne and Vacheron Constantin as enjoying the highest growth within the watch division, which is notable for the fact that these brands are not usually the drivers of growth, at least in recent years. The A. Lange & Söhne Odysseus, launched too late to help sales but its maker did well anyway In terms of sales channels, retail sales at Richemont’s own stores were up by 4%, but who...
SJX Watches
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...
Time+Tide
The 3 biggest upsets of GPHG 2019
Well, it’s been another successful year for what many in the horological world refer to as (much to the chagrin of Time+Tide’s Nicholas Kenyon) the “Oscars of the watchmaking industry”. And, much like Hollywood’s most revered awards ceremony, there’s been more than a few upsets at this year’s Grand Prix d’Horlogerie de Genève, across quite … ContinuedThe post The 3 biggest upsets of GPHG 2019 appeared first on Time+Tide Watches.
SJX Watches
Highlights: Phillips ‘Double Signed’ Geneva Auction Part II
Here’s part II of highlights at Phillips’ Double Signed auction – you’ll find the first part here – including a lovely Audemars Piguet “Gobbi” chronograph with a green gold dial, as well as a gorgeous Patek Philippe Ref. 1463 “pink on pink” that’s more affordable than usual, for a reason. Lot 35 – Patek Philippe ref. 2499 in pink gold “Trucchi” The most valuable lot in the sale, with an estimate over 1.2m francs, is the Patek Philippe ref. 2499 third series in pink gold. It’s one of only six pink gold third series watches known; in fact, the total number of ref. 2499s in pink gold across all four series totals just 23. And this is the only one with the “Trucchi” signature on the dial, having been sold by the retailer in Naples that’s still in operation today. According to Phillips, it was sold by Trucchi to an Italian-American doctor in 1972, who then sold it to the consignor who sold the watch at auction in 1999 at Antiquorum in Geneva. It sold for almost 700,000 francs then, making it one of the most expensive watches in the world at the time. The watch is in exemplary condition, albeit with one quirk: the crystal is sapphire instead of PlexiGlas as is standard for the third series. Found only on fourth series ref. 2499s, the sapphire crystal and accompanying bezel was presumable installed by Patek Philippe in the 1980s according to Phillips, since the watch already had a sapphire crystal when it was sold in 1999. Lot 50 – Patek Phili...
Revolution
Introducing the H. Moser & Cie Endeavour Perpetual Moon Concept Aventurine
If you give someone the moon, why not the stars too? H. Moser & Cie brings a new poetic interpretation to its Endeavour Perpetual Moon Concept watch.
SJX Watches
Breaking News: Seiko Exits Baselworld 2020
Switzerland’s biggest watch and jewellery fair will see one of its biggest exhibitors, Seiko, depart next year reports Yasuhito Shibuya of Chronos Japan. A Baselworld exhibitor since 1986, the Japanese watchmaker joins the stream of brands that have been departing the event since industry giant Swatch Group’s shock exit last year. According to Mr Shibuya, Seiko’s official reason for leaving is “because the opening time of Baselworld in 2020 is later than usual”, happening in May instead of the traditional March. Mr Shibuya also adds: “The fair happens a month later, coinciding with the Golden Week in Japan – a period with four consecutive national holidays within seven days. This is a particularly disappointing time for Japanese watchmakers.” “From the location of the booth to the floor plan of the fair [with Seiko’s booth on the second level], I do not think that Seiko has received equal treatment [as compared to Swiss brands]” noted Mr Shibuya. Despite its importance, both commercially and culturally, Seiko, along with fellow Japanese brands Casio and Citizen, has been relegated to the upper floor of the main exhibition hall since the venue’s lavish redesign in 2013. The loss of Seiko is no doubt a major blow to Baselworld, which has historically been a cash cow for exhibition organiser MCH Group, which also owns the Art Basel franchise. Instead of Baselworld, Seiko will launch its new products earlier in the year. However, according to a Seiko...
SJX Watches
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,...