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Beads of Rice Bracelet

Mid-century steel bracelet with discrete bead-shaped links; Gay Frères, NSA, Novavit; modern Forstner revival.

Highlights: Phillips ‘Refresh:Reload’ Online-Only Auction SJX Watches
De Bethune DB12 chronograph May 19, 2020

Highlights: Phillips ‘Refresh:Reload’ Online-Only Auction

Phillips’ first-ever online watch auction, Refresh:Reload is a cross-category affair, encompassing watches, jewellery, and contemporary art. The week-long sale includes over 50 watches, ranging from the usual suspects like Royal Oak, Nautilus, and Submariner, but also a selection of more interesting, unconventional watches, like a De Bethune DB12 chronograph with oversized date and month, and an extra-thin, skeletonised Seiko Credor. Here are a couple of highlights from the sale, which is online from now till 6 pm (GMT+8) on May 28. The entire catalogue is available here. Lot 5 – Bronze Hourglass by Daniel Arsham One of the earliest lots in the auction is a sculpture with a horological element. The Bronze Hourglass was an edition of 100 examples commissioned by watch retailer The Hour Glass to mark its 40th anniversary in 2019. It’s the work of Daniel Arsham, one of today’s hottest contemporary artists. Mr Arsham is best known for his “eroded” works, objects made to appear heavily aged. Some of his work sits the crossroads between art and luxury goods – he’s applied his unique aesthetic to Rimowa luggage, Dior bags, and also a Porsche 911. The Bronze Hourglass has an estimate of HK$35,000-45,000, or about US$4,500-6,000. Lot 92 – Seiko Credor 40th Anniversary Signo Cherry Blossoms A limited edition made to mark the 40th anniversary of Seiko’s Credor collection, the Signo Cherry Blossoms encapsulates the key specialties of mechanical watchmaking at S...

Seiko Introduces the Prospex Street Series “Urban Safari” SJX Watches
Seiko Introduces May 19, 2020

Seiko Introduces the Prospex Street Series “Urban Safari”

Released in 2018, the Seiko Prospex Street Series is essentially a modern twist on the iconic Seiko “Tuna” dive watch, retaining the signature case design of the “Tuna”, but with the addition of more colours as well as affordable pricing. With colours inspired by an African safari, the new Prospex Street Series “Urban Safari” is a four-strong collection made up of two basic models, each inspired by famous historical models with nicknames – the automatic “Tuna” and analogue-digital “Arnie” . Initial thoughts Strong, monochromatic colours give the watches an eye-catching and sporty look. Add to that the matching silicone straps and the result is something that goes well with streetwear, fulfilling the purpose of the collection. The khaki versions are very much safari in theme, but the others are more reminiscent of the concrete jungle. But regardless of model, the fundamentals of the watch are very much Seiko’s strength – casual, sporty design and very accessible pricing. “Tuna” and “Arnie” Historically a feature found on Seiko’s top-of-the-line dive watches, the shrouded case features prominently in Seiko’s current line-up collection, with the most recent addition being the historical remake of the ref. 6159-7010 of 1975 that’s part of the Diver’s Watch 55th Anniversary Trilogy. The “Tuna” inspiration of the Urban Safari is immediately evident from the protective shroud around the case, giving the watch a resemblance to a t...

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale SJX Watches
Panerai which make up about May 19, 2020

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale

Having just announced its full-year results while predicting a gloomy outlook for the business, Richemont has successful placed €2 billion of bonds, with coupon ranging from 0.75% for the 8-year note to 1.625% for the 20-year note. The bond placement boosts the Swiss luxury group’s robust balance sheet, which had a gross cash position of €6.34 billion and a net cash position of €2.40 billion at the end of March 31, 2020. The notes received an A+ rating from credit ratings agency S&P;, which also lowered its outlook for Richemont from stable to negative, “citing the possibility of a downgrade if the coronavirus pandemic causes the company’s credit metrics to worsen”. Widely regarded as a savvy investor who transformed his family’s tobaccco-and-banking empire into an even larger one focused the “hard” luxury of watches and jewellery, Mr Rupert’s belief in the severity of the pandemic-induced recession is obvious. That, in turn, does not bode well for the luxury watch business. Richemont’s biggest earner is Cartier – the jewellery division is half the group’s turnover – it also owns a host of luxury watch brands, including A. Lange & Söhne, IWC, and Panerai, which make up about 20% of its sales. During Richemont’s earning conference call on May 15, Mr Rupert explained the bond issue: “We have always believed in protecting our balance sheet… For years, a lot of investment banks questioned us about that it’s a lazy balance sheet. But h...

Phillips to Offer F.P. Journe Souscription Tourbillon and Resonance SJX Watches
Patek Philippe watches from May 18, 2020

Phillips to Offer F.P. Journe Souscription Tourbillon and Resonance

Postponed from its usual mid-May date to end-June, Phillips’ spring watch auction is Geneva is nonetheless the full works, with 214 lots on offer, including the four spectacular Patek Philippe watches from the collection of Jean-Claude Biver, including a ref. 1518 “pink on pink” and a second-series ref. 2499. Also amongst the offerings at the Geneva Watch Auction XI are two important examples of contemporary watchmaking – a pair of F.P. Journe souscription watches consigned by the original owner – Lorenz Bäumer. A jeweller whose workshop is on the storied Place Vendome in Paris, Mr Bäumer is perhaps best known for crafted the tiara worn by Charlene Wittstock when the former Olympic swimmer wed Prince Albert II of Monaco in 2011. But Mr Bäumer is also a watch aficionado who met François-Paul Journe via a mutual friend. Mr Journe had then decided to launch his own brand by taking inspiration from Abraham-Louis Breguet, who had offered clients the opportunity to purchase a newly-developed, fairly-affordable watch by first putting down a deposit – thus “subscribing” to the offer. The jeweller became a “subscriber” and paid the down payment for a Tourbillon Remontoir d’Egalite “Souscription”, subsequently receiving the watch numbered “14/20” on the dial. A year later, Mr Bäumer was approached once again to “subscribe” for the new Chronomètre à Resonance “Souscription”. He took up the offer, and again got the watch number “14”....

Audemars Piguet Introduces the Royal Oak Selfwinding 34 mm SJX Watches
Audemars Piguet Introduces May 18, 2020

Audemars Piguet Introduces the Royal Oak Selfwinding 34 mm

The new quartet of Royal Oak models marks a first for Audemars Piguet – the Royal Oak Selfwinding 34 mm combines a 34 mm case with an automatic calibre supplied by movement specialist Vaucher. An addition to the line that is not meant to replace any existing model, the new 34 mm watch is now the smallest mechanical Royal Oak for ladies, with the smallest, 33 mm model being quartz, and the next-largest automatic having a 37 mm case. Initial thoughts The new watch fills a gap in the diverse Royal Oak line-up – a watch compact enough for ladies but with a mechanical movement. While the new 34 mm model is not explicitly described as a women’s watch, it is in all but name, as Audemars Piguet already has a 37 mm model as the medium-sized men’s Royal Oak. That said, the proportions of the 34 mm case remind me of the Royal Oak ref. 4100 of the 1970s and 1980s, which was then a large-sized men’s watch and 36 mm in diameter, not too much larger than the new model. By that benchmark, the new 34 mm model should not be a ladies’ watch per se, and could appeal to men who prefer a smaller case size. But for the broader market, it is a ladies’ watch, and I can see its appeal. Importantly, it has a mechanical movement – long absent for the ladies’ Royal Oak – and the versions with the diamond-set bezels offer a bit of bling to go along with the iconic design. So it should attract a new female customer who has always wanted a Royal Oak, but was savvy enough to wait fo...

In-Depth: The Life Behind the Deadbeat Seconds SJX Watches
May 17, 2020

In-Depth: The Life Behind the Deadbeat Seconds

Watchmaking combines technical achievement and aesthetic expression, and sometimes the two are inextricably linked. In a handful of instances, the technical achievement transforms the artistic value, as in the jumping seconds. The complication is perhaps the most abrupt expression of time. Is there any value in having a mechanical jumping seconds? In exploring that, we first have to understand how the seconds as a unit of time came to be. Time in antiquity In today’s world where no one bats an eyelid when a satellite is sent into orbit, time and space are perceived to be intimately linked as one. Before Einstein hit upon the theory of relativity, the link between space and time was nebulous, but the definition of time was well established. For the ancient Egyptians, daytime was based on the apparent movement of the Sun, and the night sky was segmented into smaller divisions based on the position and motion of stars. Over the subsequent millennia, the Sumerians and Babylonians further refined the time measurement to better account for stellar motion. The Babylonians, inspired by the Egyptians, approximated the movement of the Sun’s apparent revolution into 360 divisions, due to the number of days required for the Sun to trace its path on the ecliptic and their predilection for a base-60 (or sexagesimal) system. This is also the origin of 360 degrees required for a complete revolution, which was explained by Malcolm Correll in the volume 15 of scientific journal The Phy...

Vintage Watch Snobbery AKA How I Met Your Mother - Reprise Quill & Pad
Patek Philippe had ever created – May 16, 2020

Vintage Watch Snobbery AKA How I Met Your Mother - Reprise

Standing before his eyes was the most perfect of God’s creatures, a wonderful mix of Audrey Hepburn and Penelope Cruz. What Makes Me Tick thought his heart had skipped a beat, and he heard the chimes of every single minute repeater Patek Philippe had ever created – all chiming at exactly the same time! Six months later the gentle creature and he were married. This extraordinary story reflects the marvelous world of vintage watches: finding the rare bird, linking it to a story, and never letting it go.

What Sealed The Deal: Daniel’s Zenith Chronomaster El Primero 45mm Time+Tide
Zenith Chronomaster El Primero 45mm May 16, 2020

What Sealed The Deal: Daniel’s Zenith Chronomaster El Primero 45mm

Editor’s note: For many watch enthusiasts out there, including me, one of the biggest problems we can come across is timepieces that are just too… big. I’ll freely admit it: I’ve got dainty wrists, and yes, it’s a problem. Luckily, though, watchmakers are catching on that there are more than a few individuals like me … ContinuedThe post What Sealed The Deal: Daniel’s Zenith Chronomaster El Primero 45mm appeared first on Time+Tide Watches.

Revisiting 6 key watches from Seiko’s 2019 collection, how do they hold up a year on? Time+Tide
Seiko s 2019 collection how May 15, 2020

Revisiting 6 key watches from Seiko’s 2019 collection, how do they hold up a year on?

Editor’s note: On the brink of bringing you some of Seiko’s new novelties via our second ‘Home Delivery Watch Fair – Basel Edition’ over on YouTube, we cast our mind back to two things. Firstly, the 2019 collection, which is captured here in a video, and in the pics below. What stood out to me … ContinuedThe post Revisiting 6 key watches from Seiko’s 2019 collection, how do they hold up a year on? appeared first on Time+Tide Watches.

Steve wants help with a spreadsheet template for his watch collection, and because it’s a pandemic, we’re doing a call out Time+Tide
May 15, 2020

Steve wants help with a spreadsheet template for his watch collection, and because it’s a pandemic, we’re doing a call out

“Thanks for the emails Andrew,” the email from Steve begins. “All watch info is appreciated in these boring times.” And these boring times are certainly reaching peak levels for poor Steve. The email continues: “I recently spent a couple of days spreadsheeting my watches. I thought there might be a template on the net somewhere … ContinuedThe post Steve wants help with a spreadsheet template for his watch collection, and because it’s a pandemic, we’re doing a call out appeared first on Time+Tide Watches.

Business News: Richemont Pessimistic After Weak Results SJX Watches
Panerai enjoyed “good sales performance” May 15, 2020

Business News: Richemont Pessimistic After Weak Results

Richemont’s fourth quarter was one of the victims of the COVID-19 pandemic, pulling down its results for the full year to end-March 2020. Even though the full year’s tally was not down substantially, Richemont chairman Johann Rupert was gloomy in his prediction for the coming year. China, the first country to recover from the pandemic, has “apparently returned to ‘business as usual’ remarkably quickly” and Richemont stores there are enjoying now “strong demand”. But because everywhere else is only partway through the crisis, the plain-speaking South African tycoon raised the possibility of “12, 24 or 36 months of grave economic consequences”, while halving the annual dividend to €1 a share to conserve cash. Johann Rupert. Photo – Richemont The Swiss luxury conglomerate, which owns brands like Cartier, IWC, and Panerai, enjoyed “good sales performance” until the fourth quarter, with its jewellery brands and online retail performing better than other divisions, including watchmaking, which has lagged for several quarters. At actual exchange rates, annual sales eked out a 2% rise to €14.2 billion, with most regions growing slightly, save for a 5% decline in Asia Pacific. Net profit fell 34%, excluding a one-off, non-cash gain due to a share revaluation the year prior. The declines were largely due to the fourth quarter, where Richemont took a massive hit. In the last quarter, sales fell by 18% globally, with Hong Kong crashing 67%. The group end...

James picks his 5 favourite new watches from 2020, including Bulgari, Omega & Grand Seiko Time+Tide
Grand Seiko I must have written May 15, 2020

James picks his 5 favourite new watches from 2020, including Bulgari, Omega & Grand Seiko

I must have written and rewritten this yarn half a dozen times. Every single moment I think I’ve cracked it, something in watch world happens that completely changes the narrative and content. First, everything got cancelled because of the pandemic we’re all sick of talking about. Then Patek and Rolex said no new watches this … ContinuedThe post James picks his 5 favourite new watches from 2020, including Bulgari, Omega & Grand Seiko appeared first on Time+Tide Watches.

FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear… Time+Tide
May 14, 2020

FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear…

As the world begins to re-emerge from lockdown, so does our awareness of the days. Where in past weeks, Friday has come and gone in a haze of homeschooling and housebound weekends that blur into weekdays, suddenly there’s an ever-so-slight sense of TGIF. And that’s a pretty sweet feeling for us. So, as we do … ContinuedThe post FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear… appeared first on Time+Tide Watches.

From Chris Hemsworth in Extraction to American Sniper, why G-Shocks are the ultimate bad-ass watches Time+Tide
May 14, 2020

From Chris Hemsworth in Extraction to American Sniper, why G-Shocks are the ultimate bad-ass watches

“The least believable part of Extraction is that at no point do any of the 183 people that Chris Hemsworth kills mention how ridiculously good looking he is…” That’s what Netflix said in a recent tweet about their new balls-to-the-wall action extravaganza that’s set to become their biggest movie ever (90 million households watched the … ContinuedThe post From Chris Hemsworth in Extraction to American Sniper, why G-Shocks are the ultimate bad-ass watches appeared first on Time+Tide Watches.

INTRODUCING: The Baltic Aquascaphe Bronze Time+Tide
Baltic Aquascaphe Bronze As far May 14, 2020

INTRODUCING: The Baltic Aquascaphe Bronze

As far as micro brands go, Baltic is one of the most popular. We got our own taste of the hype around this brand during this year’s Time+Tide “Watch & Act” Auction, when the founder Etienne donated a prototype Aquascaphe to the cause. We knew it had been a successfully released debut dive watch from … ContinuedThe post INTRODUCING: The Baltic Aquascaphe Bronze appeared first on Time+Tide Watches.