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Patek Philippe introduces its latest perpetual calendar chronograph: the Ref. 5270P-014 with gradated green dial. We bring you the details and our thoughts.
SJX Watches
Patek Philippe is one of the most revered watch brands but an outlier amongst its peers in relying almost entirely on independent retailers to sell its watches. Of the hundreds of Patek Philippe points-of-sale around the world, the brand owns just three. But the converse is true for its after-sales service where the brand is almost entirely vertically integrated. Patek Philippe will soon own and operate ten service centres in key cities around the world, backed up with four of its own watchmaking institutes. The Geneva watchmaker does this to fulfil its pledge of being able to repair and maintain “all timepieces ever made by Patek Philippe since production began in 1839”. Consolidation and consistency In pursuit of a uniformly high standard of service across the world, Patek Philippe is in the process of consolidating its service network from a peak of 59 service centres worldwide, some of which were run by independent retailers, to just ten key locations. Amongst the regional centres are one each in Germany, France, and the United States, but most will be located in Asia – the brand’s biggest market – in China, Hong Kong, Japan, Taiwan, and Singapore. All of the ten will be run by Patek Philippe itself, or more specifically, its regional subsidiaries. The Singapore service centre, for instance, is run by Geneva Master Time (GMT), Patek Philippe’s subsidiary for Southeast Asia. GMT also has a smaller service centre in Bangkok, a necessity given that Thailand i...
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The Calatrava is widely considered to be synonymous with the Patek Philippe brand. Ultra-elegant and timeless, it is seen as the very essence of the round dress watch. This philosophy of the Calatrava has been strictly held as gospel since the debut of the watch way back in 1932 – well, until this year anyway.Read More
Quill & Pad
How much does a Patek Philippe Nautilus cost? How will Nautilus prices evolve? Answering these questions, as relevant as they are, has become extremely difficult following the bubble formed in the luxury men’s watch market. This article analyzes the price history of 31 Patek Philippe Nautilus models, revealing the models that have gained an absolute value, the most dramatic relative increases, and the influence of case and bracelet material.
Time+Tide
Welcome to The Icons, a new series where we take a horological deep dive into the most legendary watches of all time. We’ll delve into the story behind the watch, its evolution over the years, famous (and infamous) wearers, the classic references, and the contemporary versions you should be checking out. This week it’s the … ContinuedThe post How the Patek Philippe Nautilus became the ultimate flex watch appeared first on Time+Tide Watches.
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SJX Watches
Sotheby’s just concluded the first sale of the spring auction season, which now moves to Geneva with a series of auctions in the Swiss city starting the first weekend of May. The season opened strongly with several records set at Sotheby’s, most notably with The Nevadian Collector, a sale of Patek Philippe timepieces all owned by an American collector. Made up of 38 watches and one lot of vintage Gay Freres bracelets, the auction was led by an unsurprising favourite that sold for a record price – the possibly unique ref. 2499 in pink gold with a dial signed “Gobbi Milano”. Sotheby’s consultant Sam Hines bringing the hammer down on the ref. 2499 “Gobbi” Four telephone bidders competed for the watch, with bidding swift and aggressive. One of the bidders went big early on, taking the bid from HK$19 million to HK$30 million with one bid – an increment of about US$1.4 million. Eventually one of the phone bidders triumphed and set the record for the most expensive ref. 2499 ever sold at auction. The pink ref. 2499 “Gobbi” hammered for HK$50 million, resulting in a total of HK$60.265 million including the buyer’s premium. That’s equivalent to about US$7.68 million, making it the most expensive ref. 2499 ever sold at auction by some margin. The last record holder was the ref. 2499 “Asprey” that sold in 2018 for about US$ 4 million at Sotheby’s in Geneva – which was also sold by the Nevadian. While the ref. 2499 “Gobbi” was the headline lot,...
SJX Watches
Sotheby’s is kicking off the spring season of the year’s watch auctions with two consecutive sales in Hong Kong that take place in a week’s time. The first is an evening sale of a single-owner collection of exceptional vintage Patek Philippe watches. And it will be followed by Important Watches I, which includes several good examples of independent watchmaking. Though the single-owner sale has most of the significant vintage Patek Philippe watches offered by Sotheby’s, it doesn’t encompass all of them. One of the major lots is a Patek Philippe ref. 2524 minute repeating wristwatch. We take a look at that along with several other highlights from Important Watches I, both vintage and modern, including an arguably underrated complicated (and bejewelled) watch for men by Van Cleef & Arpels (VC&A;). Important Watches I starts at 2:00 pm (GMT +8) on April 26, 2022. Registration for bidding and the full catalogue can be accessed here. The VC&A; Midnight Poetic Wish Lot 2144: Rolex Daytona ref. 16523 “Floating” signed “Tiffany & Co.” The most desirable Rolex Daytonas are typically steel, with the two-tone versions often being the most affordable, perhaps because the two-tone look is generally less sought after regardless of brand. But this steel-and-gold ref. 16523 is notable enough that it was included in Daytona Perpetual, the reference tome covering many rare and unusual variants of the model published by Italian Rolex specialist Pucci Papaleo. The key fe...
SJX Watches
The flagship event at Sotheby’s upcoming spring watch auction in Hong Kong is The Nevadian Collector. Focused on historically significant Patek Philippe references, the compact but valuable sale is the closing act of a notable collector based in California. Having started collecting over 30 years ago, the “Nevadian” became a major figure in vintage watch collecting after selling his media business in the mid 1990s. Now in his eighties, the gentleman’s collection was once some 400 watches, a number that has been gradually pared down in recent years. It included several timepieces that set priced records in recent years, including the ref. 2499 signed “Asprey” that sold for almost CHF4 million in 2018 and another ref. 2499 signed “Tiffany & Co.” that sold for the equivalent of US$3 million later that year. Another of the Nevadian’s watches: the crisp, third series ref. 2499 in pink gold with a “Tiffany & Co.” dial that sold for HK$23.5m, or US$3.00 million, in 2018, becoming the most expensive watch sold at auction in Asia that year Made up of only 40 lots – but with a cumulative value of US$15 million at the low estimates – the sale takes place in the evening of April 25, 2022, starting at 8:00 pm (GMT +8). Bidding and the full catalogue can be accessed here. The upcoming auction represents the last of the Nevadian’s watches, but considering the depth and breath of the collection, the line up unsurprisingly encompasses many spectacular, import...
SJX Watches
Just after the curtain fell on Watches & Wonders 2022 – on the day after the fair closed in fact – Patek Philippe unveils one of its technical highlights for the year, the 1/10th of a Second Monopusher Chronograph ref. 5470P-001. In a first for the Geneva watchmaker, the chronograph is equipped with a high-frequency balance that beats at 36,000 vibrations per hour, or 5 Hz. The high-beat movement results in a lighting seconds hand that completes one revolution around the dial every 12 seconds, allowing the chronograph to precisely record elapsed times with a resolution of 1/10ths of a second (barring user error). This lightning seconds hand runs in tandem with the regular chronograph seconds hand, resulting in an unusual sight on the dial when the chronograph is running. Initial thoughts While lightning seconds chronographs have been done before, it’s surprising to see a traditionalist brand such as Patek Philippe have a go at the complication. The function is often associated with brands with a sporty, contemporary aesthetic like TAG Heuer and Zenith. In terms of aesthetics, the ref. 5470P is another example of the brand continuing to move towards a more modern, striking style, even for otherwise classical models. But under the hood is where it shines. Despite the seemingly simple idea of tacking on an additional gear train for the 1/10th of a second hand, the movement inside underwent a deceptively complex modification. And in typical Patek Philippe fashion, the co...
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Just in: Patek Philippe released a new highly technical chronograph with many innovative features. This is the new Ref. 5470P, 1/10th of a second monopusher chronograph in platinum.
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Patek Philippe releases an addition to their Calatrava line: the Ref. 5226G in white gold, a textured dial and guilloched Clous de Paris on the case side.
Time+Tide
“We’re here at the pinnacle of watchmaking – the top tier of the holy trinity!” That’s how Zach introduces Patek Philippe in this video with Ricardo that mulls over the brand’s best release of Watches & Wonders. And as you can quickly tell from his liberal use of superlatives – he’s pretty excited. But when it … ContinuedThe post VIDEO: Head to head – what’s the best Patek Philippe release of Watches & Wonders? appeared first on Time+Tide Watches.
Revolution
Three releases from Patek Philippe that set the web on fire - 5205R Annual Calendar, Moon Phases, 5270P Chronograph Perpetual Calendar and 5231G World Time.
Time+Tide
Editor’s Note: Watches & Wonders means a bombardment of fresh releases, so we’re offering a quick overview of each brand’s new novelties – touching on each new reference or collection and their headlining points. Stay tuned throughout the week for deeper coverage, some of which will include live pics and our hands-on perspective. But for … ContinuedThe post WATCHES & WONDERS: Patek Philippe remind us there’s more to life than sport watches appeared first on Time+Tide Watches.
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A brand new watch from Patek Philippe combining two complications - the annual calendar and travel time: the new Annual Calendar Travel Time Ref. 5326G-001.
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Revolution
Patek Philippe launches 12 novelties at their first Watches & Wonders, with the 5326G-001 – Annual Calendar Travel Time that combines the two complications in a watch for the first time.
Time+Tide
First came Jay-Z, then came LeBron James now the Blue Wiggle is the latest celeb spotted wearing the Patek Philippe Tiffany Blue.The post The Blue Wiggle joins LeBron and Jay-Z as the latest celeb to be spotted wearing the Patek Philippe Tiffany Blue appeared first on Time+Tide Watches.
Deployant
The histories of Patek Philippe and the perpetual calendar wristwatch are richly intertwined. Not only was the prestigious Genevan watch manufacturer the first to create the perpetual calendar wristwatch, it has since gone on to produce specimens that served and continue to serve as the industry standard. The prototypical Patek Philippe perpetual calendar wristwatch isRead More
SJX Watches
Conceived for the jubilee of Singapore-based retailer Cortina Watch, the Patek Philippe Calatrava Ref. 5057G-010 is a throwback to the nineties in both size and size, but given a contemporary flavour with a dial in smoked grey. In fact, it is a remake of the original model, the ref. 5057R that was in rose gold. Interestingly, the reference was specifically created for Cortina’s 25th anniversary in 1997, giving the ref. 5057 the distinction of being a reference unique to a retailer. Initial thoughts Though it’s small by modern standards – it’s a bit over 36 mm in diameter – the ref. 5057G instantly stands out with its nineties style. The triple-row hobnail bezel and straight lugs instantly evoke Patek Philippe’s aesthetic of that decade. They set the ref. 5057G apart from the brand’s current offerings that have a more modern style. I like Patek Philippe’s style of that era, so I like the ref. 5057G. With the wide hobnail bezel, it’s a bit fancier than it should be, but that’s the appeal. And the bezel is the very feature that gives the watch presence. It catches the light well and is essentially “bling” for an otherwise conservative design. At the same time, the ref. 5057G is more attractive than the original model in rose gold, which lacked contrast due to its white-on-rose gold palette. By today’s standards the original is old fashioned. The ref. 5057R of 1997 that was created for Cortina’s 25th anniversary and also a limited edition of 100 wat...
SJX Watches
One of Patek Philippe’s longest standing and most important retailers in Asia, Cortina Watch celebrates its 50th anniversary in 2022. In that half century, Cortina has grown from a single store in Singapore to one of the biggest retailers in Southeast Asia with a network of 45 stores and remains controlled by the founding Lim family. As it was with its 25th anniversary in 1997, Cortina is marking the milestone with a limited edition Patek Philippe – the same model in a different guise in fact. The Patek Philippe Calatrava Ref. 5057G “Cortina Watch 50th Anniversary” preserves the design of the earlier anniversary edition, but dresses it up in a more contemporary grey and silver livery. Importantly, the ref. 5057 was a brand-new reference conceived for Cortina, which means the new edition is only the second time that the reference is seeing light of day. Initial thoughts The ref. 5057G is notable in several ways. For one, it is unusual amongst retailer editions in having complications instead of being a time-and-date Calatrava, no doubt a reflection of the especially strong ties between the Stern and Lim families. Second, the ref. 5057G harks back to the watchmaker’s aesthetic of the 1990s with its dial and hobnail bezel. This sets it apart from Patek Philippe’s recent watches, which mostly have a more contemporary style. And the ref. 5057G is intrinsically attractive. I have yet to see the watch in person, but I’ve examined the preceding ref. 5057R several ...
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Time+Tide
We’re a few weeks into the new year, and while a lot has already happened the watch industry is not showing any signs of slowing down. Game-changing novelties and decisions are already happening, and with LVMH Watch Week starting next week and Watches & Wonders Geneva inching closer and closer you already know the pipeline … ContinuedThe post FRIDAY WIND DOWN: Grand Seiko continues to expand their catalogue while Patek Philippe clears theirs out appeared first on Time+Tide Watches.
SJX Watches
Patek Philippe introduced a bunch of notable new models this year, including the recent “Advanced Research” Minute Repeater Ref. 5750P. The most notable amongst its accessible complications – accessible in a relative sense – is unquestionably the In-line Perpetual Calendar ref. 5236P, an all-new model with a movement developed from the ground up. The ref. 5236P takes its cues from the “linear” perpetual calendar pocket watches of the 1950s and 1960s, namely the ref. 725 with perpetual calendar only, and the refs. 699, 843, and 844 that also included a minute repeater. The nickname stems from the calendar display within a single, horizontal window under 12 o’clock, which instantly sets such watches apart from conventional calendar displays that rely on multiple sub-dials. A ref. 699 from 1956 with linear calendar and minute repeater This same straight-line calendar display has been reproduced on the ref. 5236P – a substantial feat considering its compact size and relatively large calendar window. It was realised with an all-new calendar mechanism with a cleverly designed display, but one still constructed as a traditional, “grand lever” calendar. Initial thoughts Despite its vintage inspiration, the ref. 5236P looks and feels like a contemporary watch, especially because of its colours and size. In the hand the ref. 5236P is substantial, both in diameter and weight. At 41.3 mm it’s one of the biggest perpetual calendar watches Patek Philippe makes. In...
Quill & Pad
What does Patek Philippe mean to you? For GaryG, Patek Philippe is a firm both mindful of the traditions of horology and clearly focused on its own legacy. This is exemplified by the brand's Rare Handcrafts: watches and clocks displaying traditional arts, including engraving, enameling, micro mosaics, and a favorite of his: wood marquetry. Here Gary gets behind the lens to shoot Reference 5089G-018, a 175th anniversary limited edition with wood marquetry dial.
Quill & Pad
The Phillips watch auction in New York on December 11, 2021 sold a brand-new Patek Philippe Nautilus Reference 5711/1A-018, double signed “Tiffany & Co”. The hammer fell at a jaw-dropping price of $5.35 million. The buyer’s premium on the sale was an additional $1.153 million. Brendan Cunningham reflects on that auction result and the possible wider implications for the market.
Time+Tide
You know those calm-headed people who are inherently non-judgemental? Rather than leap to a hasty conclusion they patiently analyse an issue from every perspective, let it all percolate for a while before reaching a tentative verdict. Well, those folk were conspicuous by their absence when Time+Tide dropped the news of the new Patek Philippe Tiffany … ContinuedThe post The good, the bad and the ugly: 19 Instagram reactions to the new Patek Philippe Tiffany Blue 170th Anniversary Nautilus appeared first on Time+Tide Watches.
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