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Results for Equation of Time

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Business News: Richemont Reports Flat Watch Sales and Losses Online SJX Watches
Vacheron Constantin as enjoying Nov 8, 2019

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...

Hands-On: Chanel J12 The Inseparables “Only Watch” SJX Watches
Richard Mille MB&F; Nov 8, 2019

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...

Highlights: Phillips ‘Double Signed’ Geneva Auction Part II SJX Watches
Audemars Piguet Gobbi” chronograph Nov 7, 2019

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...

Highlights: Phillips ‘Double Signed’ Geneva Auction Part I SJX Watches
Vacheron Constantin tourbillon pocket watch ref Nov 7, 2019

Highlights: Phillips ‘Double Signed’ Geneva Auction Part I

Phillips’ thematic auction this season is titled Double Signed: A Celebration of the Finest Partnerships Between Manufacturers and Retailers, with a catalogue composed of watches with retailer signatures mostly on the dial, but occasionally on the case back. Though a retailer signature in itself does not make a great watch, many watches in the sale are already superb watches, but made even more special by the retailer’s mark, like the Rolex GMT-Master ref. 6542 below. More broadly, Double Signed is more historically evocative than most other thematic auctions, because many of the retailers cited within represent a particular time and place that is long gone, even if the retailer remains in business. Examples include Serpico y Laino of Caracas, which no doubt prospered during Venezuela’s good times that are now long forgotten, or Le Palais Royal of Havana that was the island’s premiere retailer before the Communist revolution. Here’s part one of the roundup of highlights from the sale. (And part II is here.) Lot 11 – Vacheron Constantin tourbillon pocket watch ref. 92244 “Asprey” One of the most proper examples of haute horlogerie in the sale is this Vacheron Constantin pocket watch that contains an observatory-certified tourbillon movement from the 1940s, though the watch was only finished and sold in 1992. It’s believed that in the 1990s, Vacheron Constantin discovered a small number of tourbillon movements that had been tested and certified as chronomet...

HOW TO: Take the perfect Instagram wristshot Time+Tide
Nov 6, 2019

HOW TO: Take the perfect Instagram wristshot

Editor’s note: I’m sure that at one point or another you’ve been wearing your favourite watch and thought, “This is definitely ‘gram’ worthy”. But taking the perfect wrist shot is by no means a simple task. In fact, it’s an art form that can be exceedingly complicated and multifaceted. Luckily for us, however, back in … ContinuedThe post HOW TO: Take the perfect Instagram wristshot appeared first on Time+Tide Watches.

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...

Up Close: Konstantin Chaykin Joker Selfie for Only Watch 2019 SJX Watches
Konstantin Chaykin Nov 5, 2019

Up Close: Konstantin Chaykin Joker Selfie for Only Watch 2019

Though the Konstantin Chaykin Joker Selfie was already explained in great detail by Bjorn Meijer a couple of weeks ago, it’s compelling enough for a second, quick look, since I just received a new set of photos. Konstantin’s standard Joker (or Clown) wristwatch is well known, while also being fairly straight forward mechanically. The one-off Joker Selfie he created for the upcoming Only Watch charity auction is fundamentally and dramatically different, although the shares the familiar funny face. To start with the case is made of bulat, a high carbon steel alloy better known as Wootz steel. Sometimes incorrectly known as Damascus steel, bulat is an alloy with a patterned surface that’s a result of the metals mixed within. The irregular structure of the alloy, combined with its hardness, means it was a challenge to make the Joker Selfie case. Konstantin only completed the case after two discarded cases due to structural problems that emerged after machining. The Joker Selfie tells the time like the standard Joker, with the pupils in each eye pointing to the time, with a moon phase display incorporated into the mouth of the clown. And it has the day of the week, indicated with emoticons, much like Alain Silberstein’s trademark “smileday”, at 12 o’clock. But it also has an additional “secret” display, with a swivelling lever under the dial that covers either the hours or the day of the week display. It’s a gravity-activated mechanism that shows the hours ...

Hands-On: George Daniels Anniversary Watch in White Gold SJX Watches
Omega Nov 3, 2019

Hands-On: George Daniels Anniversary Watch in White Gold

Though extremely rare, the George Daniels Anniversary Watch is a familiar timepiece because it has been widely covered and is arguably the signature George Daniels wristwatch. Though the Daniels Millennium was made in larger numbers, it was powered by a modified Omega (and by extension, ETA) movement. In contrast, the Anniversary relies on a proprietary movement designed by Daniels and his protege Roger W. Smith – and it’s almost a visual twin of the one-off Daniels chronograph wristwatch. But the basic architecture of the Anniversary movement comes from the movement in Series 2, the trademark Roger W. Smith timepiece, which was launched in 2006, three years before the Anniversary. The white gold Anniversary next to the owner’s other example in yellow gold The quintessential Daniels Anniversary is in yellow gold, of which 35 were made. But when first launched in 2009, the Anniversary series was also meant to encompass four box sets of four watches each, made up of one watch in each colour of gold and another in platinum. The sets were never produced, however, individual watches originally destined to be part of the sets were. Owned by a noted collector who acquired it direct from the George Daniels trust, this Anniversary in white gold is one of them. And it is the only Anniversary ever made in white gold so far. On the wrist of the owner Though identical in design to the yellow gold Anniversary, the white gold watch looks more contemporary by virtue of its colour. ...

Minase Introduces the Divido with Dégradé Dial SJX Watches
Minase Nov 2, 2019

Minase Introduces the Divido with Dégradé Dial

Having been established by Kyowa Co., Ltd, a precision toolmaker that also produces watch cases and bracelets, Minase is a brand that excels in, well, cases and bracelets. Its specialty is the high degree of surface finishing of the case and bracelet using the Zaratsu, or Sallaz, polishing technique that creates a remarkably flat, mirrored surface. Minase just gave its flagship Divido a new dégradé dial, which has a dark grey finish that darkens to black around the edges. Though similar looking dials are offered by Swiss watchmakers, and sometimes known as fumè or smoked dials, the new Divido dial is distinctly Japanese. Inspired by Japanese sumi-e paintings – that rely on different concentrations of black ink for shading and depth – the dégradé dial starts as a copper disc that is the hand-painted with several layers of black Japanese lacquer, each layer with a different concentration of black, creating the graduated finish and leaving each dial unique. The dégradé lacquer dial costs about 10% more than the standard model, which is reasonable. The rest of the watch is identical to the standard Divido, which is to say extremely sharply finished. All components of the case and bracelet are produced and finished in house. Every surface of the case is finished, with contrasting brushed and polished surfaces employed throughout. Even the folding clasp sports with a mix of surfaces finishes. The polished surfaces are finished with the Zaratsu technique – that...

Montblanc Introduces the 1858 Split Second Chronograph with a Jade Dial SJX Watches
Montblanc Introduces Nov 1, 2019

Montblanc Introduces the 1858 Split Second Chronograph with a Jade Dial

Following the launch of the one-of-a-kind 1858 Split Second Chronograph with a blue agate dial for the upcoming Only Watch charity auction, Montblanc has unveiled a limited edition in bronze with a nephrite jade dial. The eight-piece edition was created for Salón Internacional Alta Relojería (SIAR), a big watch fair in Mexico City attended by most major brands, explaining the green dial with red accents – a nod to the Mexican flag. Though the bronze-and-green livery has been applied to multiple models in the 1858 range, the new SIAR edition adds a fascinating point of departure, with the dial being a semiprecious stone rather than the usual lacquered brass. The dial is essentially a thin slice of nephrite, a mineral better known as jade. It’s usually dark green, but sometimes also yellow or white; white nephrite is known as “mutton fat” jade in China and highly prized. The other mineral also known as jade is jadeite, but it’s harder, denser and often found in brighter colours. Mechanically and aesthetically, the watch is as retro as it gets. The design of the dial was inspired by a pilot’s chronograph produced by Minerva in the 1930s. It has a double chronograph scales – a telemeter on the outer rim and a snail-shaped tachymeter in the centre. The rose-gold plated cathedral hands and Arabic numerals are coated with faux-aged lume, as on the regular production model. The red seconds numerals and hand adds a rich contrast against the pleasingly busy dial, ...

INTRODUCING: The Seiko 1969 Quartz Astron 50th Anniversary Limited Edition Time+Tide
Seiko 1969 Quartz Astron 50th Oct 31, 2019

INTRODUCING: The Seiko 1969 Quartz Astron 50th Anniversary Limited Edition

It’s fair to say that Seiko has dropped quite a few limited edition anniversary timepieces in 2019, and you definitely could’ve been mistaken for thinking that surely the Japanese watchmaker had nothing left in their product arsenal … and then they released this – the Seiko 1969 Quartz Astron 50th Anniversary Limited Edition. As the … ContinuedThe post INTRODUCING: The Seiko 1969 Quartz Astron 50th Anniversary Limited Edition appeared first on Time+Tide Watches.