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Recommended Watching: Roger W. Smith Explains History of the Mechanical Watch SJX Watches
Roger W. Smith Dec 18, 2019

Recommended Watching: Roger W. Smith Explains History of the Mechanical Watch

Just over two weeks ago the annual George Daniels lecture took place at the City University of London, an institution supported by the late watchmaker’s charitable trust. This year’s speaker at the sold-out event was none other than Roger W. Smith, protege and successor to Daniels. Just over an hour long, including questions, the lecture is erudite, accessible and packed with nerdy trivia, like the fact that a movement running at 28,800 beats per hour will make 252,288,000 vibrations per year. Roger explained the history and rationale behind the mechanical watch, and how watchmakers are working to improve it even today. That naturally led into the lubrication-free co-axial escapement invented by Daniels (pictured above), which Roger delves into in a satisfyingly detailed manner, like comparing the sliding friction of a lever escapement against the tangential impulse of the co-axial. Fortunately, the entire proceedings were recorded and are now available online:  

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Book Review: ‘Patek Philippe In America: Marketing The World’s Foremost Watch’ By John Reardon Quill & Pad
Patek Philippe Dec 16, 2019

Book Review: ‘Patek Philippe In America: Marketing The World’s Foremost Watch’ By John Reardon

This richly illustrated coffee table book weighing close to two kilograms is both an invaluable reference tool and a fascinating read. The chapters do not scrimp in detailed information, expert opinion, and rich historical illustrations: even the book’s structure points are a pure joy to read or simply thumb through. Elizabeth would recommend it heartily for anyone with even a passing interest in the subject and here's why.

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Khanjar And Qaboos Rolexes: Are They The Vintage Watch Industry’s Blood Diamonds? Quill & Pad
Rolex es Are They Dec 5, 2019

Khanjar And Qaboos Rolexes: Are They The Vintage Watch Industry’s Blood Diamonds?

Increasing demand for timepieces, especially Rolexes, with the Omani emblem is understandable given the high quality, good condition, demonstrable provenance, and rarity of most of these watches, combined with the fact that they had often been presented to their first owners in the 1970s by Sultan Qaboos in person as a token of gratitude for services rendered. Colin Alexander Smith takes a very close look at the meaning behind these rare timepieces.

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Highlights: Phillips Hong Kong Watch Auction SJX Watches
Vacheron Constantin ref 6378Q automatic Nov 19, 2019

Highlights: Phillips Hong Kong Watch Auction

While the first instalment of highlights in Phillips’ upcoming Hong Kong auction covered mostly complicated watches, this is a look at the simpler and sportier stuff. A good number of the sports watches are in First, the opening session of the sale that is made up of watches consigned by the original owners. Some of these watches are distinguished by thorough historical documentation, as with the Rolex Submariner ref. 5512 below that includes several photographs of the original owner wearing the watch. And the rest of the sale also includes a few gems that are not exceptionally valuable, but attractive in both style and price. One example is the Vacheron Constantin ref. 6378Q automatic in white gold, with a diamond-marker dial to boot. This is part two of the highlights; you can find part one here. And the full catalogue is available on Phillips.com. The 6378Q First lot 813 – Cartier Crash Radieuse Launched last year, the Radieuse is one of just a handful of limited edition versions of Cartier’s iconic asymmetric watch. It takes the “crash” theme literally – the case and dial feature a radiating shockwave motif that starts on the dial and continues on the case, which has a relief, concentrically lined surface. The case is 18k yellow gold, while the crown is set with a brilliant-cut diamond. And inside is a small hand-wound movement made by Jaeger-LeCoultre. And in a big plus for potential Asian buyers, the watch is numbered “08/50”. Purchased from one of Ca...

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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...

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