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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 Quill & Pad
Patek Philippe Grandmaster Chime’s Record Grab Nov 11, 2019

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.

Tudor’s Black Bay Ceramic One sold for a ridiculous amount at Only Watch 2019 Time+Tide
Tudor s Black Bay Ceramic Nov 11, 2019

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.

Auction Report: What Went Down at Only Watch 2019 SJX Watches
Audemars Piguet chief executive Francois-Henri Bennahmias Nov 11, 2019

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...

Highlights: Phillips Geneva Watch Auction X SJX Watches
Patek Philippe ref 1463 Nov 10, 2019

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,...

Smart Money: 5 of the best buys from Only Watch 2019 Time+Tide
Patek Philippe Grandmaster Chime ref 6300A Nov 9, 2019

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.

Top 3 most expensive watches sold at Only Watch 2019, also featuring Audemars Piguet and F.P. Journe Time+Tide
Audemars Piguet Nov 9, 2019

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.

The Most Expensive Watch Ever – Patek Philippe Grandmaster Chime in Steel for CHF31m SJX Watches
Patek Philippe Grandmaster Chime Nov 9, 2019

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...

The 3 mistakes I made buying a vintage watch, my cautionary tale Time+Tide
Nov 9, 2019

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.

WATCH DISASTERS #1 – Ken’s prodigal GMT-Master II Time+Tide
Nov 9, 2019

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.

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...

Breguet has nailed it for Only Watch 2019 Time+Tide
Breguet has nailed it Nov 7, 2019

Breguet has nailed it for Only Watch 2019

Only Watch 2019 is now less than 24 hours away from kicking off, and Breguet has really knocked it out of the park with their entry in this year’s charitable auction. The Breguet Type XX Only Watch 2019 is, I think we can all agree, a handsome timepiece, and that’s largely because the pièce unique … ContinuedThe post Breguet has nailed it for Only Watch 2019 appeared first on Time+Tide Watches.

Hands-On: Audemars Piguet Code 11.59 Tourbillon Openworked “Only Watch” SJX Watches
Audemars Piguet Code 11.59 Tourbillon Openworked Nov 7, 2019

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,...

High Rollers – 3 of the most expensive timepieces at Only Watch 2019 Time+Tide
Nov 5, 2019

High Rollers – 3 of the most expensive timepieces at Only Watch 2019

With Only Watch 2019 now just a few short days away, there’s a veritable smorgasbord of gorgeous piece-unique watches and timekeeping devices heading to the auction block. In fact, there are 50 watches in total taking part in this year’s charity auction, with all funds raised going to the research of Duchenne muscular dystrophy. And … ContinuedThe post High Rollers – 3 of the most expensive timepieces at Only Watch 2019 appeared first on Time+Tide Watches.

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. ...