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Results for Above the Date Window

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Above the Date Window: Steve McQueen's Monaco and What Sotheby's Catalogues Really Tell You

How a sliver of dial real estate above the date window decodes provenance on every screen-worn Heuer Monaco that has passed through Sotheby's and Phillips.
Industry News: GPHG Announces Revamp of Nominations and Awards SJX Watches
Nov 26, 2019

Industry News: GPHG Announces Revamp of Nominations and Awards

As the Grand Prix d’Horlogerie de Genève (GPHG) is gearing up for its 20th anniversary next year – and a week after the 2019 winners were announced – the foundation that administers the industry awards has announced the Academy. This adds an additional layer of nominations and votes to the awards to better encompass a wider swathe of the watch business. Slated to be several hundred strong – 300 was the number mooted – the Academy will be composed of individuals from across the watch industry, from brands to the media to retailers. The large size of the Academy and its diversity is to ensure the GPHG awards represent the industry’s views as much as possible. The GPHG trophy takes the form of a gilded hand The Academy will be able to nominate watches for the awards – in past years only brands could propose their own watches – as well as vote in the earlier shortlisting process. The final vote and physical evaluation of the shortlisted candidates will then be undertaken by a 30-member jury meeting in Geneva, which is similar to the voting process today. The first members of the Academy will be announced in early 2020. Subsequently, new members can join the Academy when nominated by existing members.

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Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia SJX Watches
Patek Philippe Ref 2523 World Time Nov 25, 2019

Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia

Just two weeks after the Patek Philippe Grandmaster Chime in steel set the record for the most expensive watch ever when it sold for US$31m at Christie’s in Geneva, the auctioneer clinched the title of most expensive watch sold in Asia, toppling the former record holder. It sold a Patek Philippe ref. 2523 double-crown world time wristwatch – with a blue enamel dial signed by Milan retailer Gobbi – for HK$70.175m including fees, equivalent to US$8.97m. The result yields a tidy profit for the seller, a noted Asian collector who purchased the watch in 2010 at Christie’s in Geneva for 2.675m Swiss francs. One of two known with a blue enamel dial and extremely crisp, the ref. 2523 was offered for sale in an unusual manner. Though it was part of the Hong Kong watch auction, the watch was instead offered as the first lot during the 20th century and contemporary art sale a few days before, presumably to appeal to buyers who regularly spend much larger sums on art. The watch was extensively documented by Christie’s in its catalogues, both online and offline, though it did not do the typical presale marketing tour around the region due to its insured value. The presale estimate of HK$55m-110m, or about US$7m-14m, made the ref. 2523 the most expensive lot to be ever offered at a watch auction – leading to some mutterings that the watch might not sell – so anticipation was high when the sale started at 5:30pm, especially since ultra high-value vintage watches are usual...

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