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Results for Phillips (Watch Auctions)

21,926 articles · 211 videos found · page 285 of 738

Highlights from the Sotheby’s Important Watches and Fine Watches June sales results Time+Tide
Jun 23, 2023

Highlights from the Sotheby’s Important Watches and Fine Watches June sales results

Sotheby’s hosted their live Important Watches sale on June 9 and their Fine Watches sale ended on June 15 Two Paul Newman-owned Daytona watches headlined the Important Watches Sale and sold for a combined US$2.2m Between the two auctions, total watch sales of US$21.03m were achieved Earlier this month, two Sotheby’s auctions were held with … ContinuedThe post Highlights from the Sotheby’s Important Watches and Fine Watches June sales results appeared first on Time+Tide Watches.

Editorial: All the Fuss Over a “Franken” Omega Speedmaster SJX Watches
Omega Speedmaster Earlier Jun 9, 2023

Editorial: All the Fuss Over a “Franken” Omega Speedmaster

Earlier this week, leading Swiss-German newspapers Neue Zürcher Zeitung (NZZ) published a lengthy story about the possible fraud behind the record-setting sale of an Omega Speedmaster ref. 2915-1 at Phillips in 2021. Mystifying at the time, the CHF3.12 million result was a huge number that far exceeded past records for that particular Speedmaster. As NZZ revealed in its story, the Speedmaster in question was a “Franken” watch pieced together from assorted vintage components – and some fake parts – and it was purchased by Omega itself, on the advice of its then museum head. The allegations are that the then museum head was in cahoots with the seller of the watch. Omega has gone to the police with this, and also released a statement, noting in part, “Omega and Phillips were the joint victims of organised criminal activity involving the selling of this specific watch by auction.” The Omega Museum, which fortunately has enough correct and legitimate vintage Speedmasters on display. Image – Omega Both Omega and Phillips should have done more due diligence, but it appears a few bad actors were diligent in allegedly defrauding Omega. For more on the matter, Dutch watch publication Fratello published an excellent examination of the happenings. The alleged fraud has been covered widely in the mass media, from Bloomberg to Fortune, ironically the same publications that last year touted the success and value-appreciation of the Speedmaster. Mountains and molehills The ...

Exclusive: Under the Dial of the Patek Philippe Owned by the Last Emperor of China SJX Watches
Patek Philippe Owned May 23, 2023

Exclusive: Under the Dial of the Patek Philippe Owned by the Last Emperor of China

As I was examining the Patek Philippe ref. 96QL once owned by the last Emperor of China, I wondered about the state of the movement. The watch is clearly old – it was sold in almost a century ago – and was not running. Phillips wasn’t able to show me the movement on the spot, understandably considering the value of the watch, although they promised they would get me some information shortly. Their response was more than I expected. Taking the form of a forensic report detailing the materials and details of the watch – right down to a X-ray spectrographic analysis of the dial – the information reveals much about the watch. To start with, the spectrograph of the reverse of the dial reveals it is 92.4% silver, 6.94% copper, with the rest comprised of silver and gold. This finally answer the long-ago question posed by Puyi when he tasked his manservant “Big Li” to scrape off the dial’s coating in order to see if it is platinum like the case. It is but a brass dial plated in silver. The analysis of the dial’s back Inside the platinum case is an 11”’ movement that likely began as an ebauche from LeCoultre that was then completed by Victorin Piguet, which produced the simple calendar module on the top. The movement was then likely sent to Patek Philippe, which applied the finishing touches and cased it. The back of the movement is evidently classical, with the flowing bridges that were then the norm in movement design. It is also finished as high-end movemen...

Up Close: The Imperial Patek Philippe Owned by the Last Emperor of China SJX Watches
Patek Philippe Owned May 20, 2023

Up Close: The Imperial Patek Philippe Owned by the Last Emperor of China

With the Geneva auctions just having concluded, the spring sale season now moves to Hong Kong. The biggest event during auction week in the city will undoubtedly The Imperial Patek Philippe Sale, an evening sale that take places at Phillips on May 23. The auction gets its name from the Patek Philippe Calatrava ref. 96QL in platinum once owned by Aisin-Gioro Puyi, the last Emperor of China. Known to the market for several years but now going under the hammer for the first time, the watch might emerge as the year’s most valuable watch sold at auction – or it might not, given the mixed reputation of the final Qing Emperor. But regardless of the value, the Puyi’s Patek Philippe is an exceptionally interesting watch, both intrinsically and in terms of provenance. The provenance Phillips pulled out all the stops in marketing The Imperial Patek Philippe Sale, no doubt an attempt to reach an audience beyond watch collectors. While the ref. 96QL is an exceedingly rare watch – and worth millions on its own – the provenance of this example is bona fide “Imperial”. The story of the watch is ably told in a documentary produced by Phillips especially for the auction. The 17-minute film explains how the life and times of Puyi, his fascination with timepieces, and importantly, how the ref. 96QL ended up in the possession of a Russian translator. Amongst the interviewees in the film is Russell Working, an American journalist who once profiled the Russian translator, Georgy Pe...

The Intrigue & Significance of the Patek Philippe Owned by the Last Emperor of China SJX Watches
Patek Philippe Owned Mar 18, 2023

The Intrigue & Significance of the Patek Philippe Owned by the Last Emperor of China

A historically important Patek Philippe Calatrava ref. 96 with full calendar and moon phase will soon be offered at Phillips, but the news isn’t so much about the watch itself but the story behind it. While extraordinarily rare in itself, the ref. 96 quantieme lune is exceptional for its provenance: its original owner was Aisin-Gioro Puyi, the last emperor of China and heir to a 4,000-year old imperial throne. As the final ruler of the Qing Dynasty, Puyi was arguably a hapless individual overcome by circumstances and overtaken by history – a life dramatised in the Bernardo Bertolucci’s film The Last Emperor – leaving him with a mixed reputation and legacy. The ref. 96, however, makes clear his appreciation of mechanical timepieces. Yet this long-lost imperial watch is extremely flawed on its face. But the heavily-aged dial, seemingly severely damaged, also echoes the tale of Puyi’s brief reign, a turbulent time when an empire met its end and a feudal dynasty was transformed into a modern nation. Image – PaddleWaves An Emperor’s timekeeper Ascending the throne at age two in 1908, Puyi was destined for a life of absolute power. But shortly after, the child Emperor witnessed the collapse of Imperial China and his family’s four century-old dynasty in the wake of the Xinhai Revolution of 1911 that gave birth to the Republic of China. In 1932, perhaps unwitting or naive, he became the titular ruler of Manchukuo, the puppet state of Manchuria that was controlle...

Lang & Heyne Introduces the Friedrich II Remontoir “The Lavish Attic” SJX Watches
F.P. Journe have made it Dec 9, 2022

Lang & Heyne Introduces the Friedrich II Remontoir “The Lavish Attic”

Dresden-based Lang & Heyne is a German independent watchmaker that makes just 100 to 150 timepieces per year. Created to mark the ninth year of the partnership with its retailer in Hong Kong, its latest release is the Friedrich II Remontoir “The Lavish Attic Edition”. If the watch sounds familiar, that’s because the prototype of the limited edition was sold at Phillips in May for HK$819,000, or just over US$105,000. Now it returns as a serial-production timepiece in a limited edition of 36 watches – nine pieces each in stainless steel, white gold, rose gold and platinum. Lang & Heyne (L&H;) was founded in 2001 by watchmakers Marco Lang, Mirko Heyne, and Lothar Zieger. All three founders have since left the brand, most recently Mr Lang, who left to set up his eponymous brand. Their departure has allowed the brand to evolve into less traditional watches like the Friedrich II Remontoir for the Lavish Attic, which has a sporty aesthetic and titanium movement bridges. Initial thoughts I was intrigued when I came across the prototype offered at Phillips. A watch with a constant-force escapement is something you don’t often see (even if brands like F.P. Journe have made it a speciality). That, combined with the stark black dial, steel bracelet, and sporty design, made it an unusual proposition. As a serially-produced watch, albeit a limited edition, the Lavish Attic edition retains the key elements that give it a distinctive look, namely the glossy, black enamel dial ...

Audemars Piguet raise $1.1m for charity with the Royal Oak “One Drop” Time+Tide
Audemars Piguet raise $1.1m Nov 14, 2022

Audemars Piguet raise $1.1m for charity with the Royal Oak “One Drop”

Charity auctions can often be some of the watch world’s most exciting events, as brands stretch their creativity for one-off watches that are instantly collectible. Audemars Piguet certainly delivered at the La Cuvée One Drop 2022 event with their Royal Oak Selfwinding Chronograph “One Drop” raising US$1.1m. Hosted in Las Vegas, the proceeds go towards … ContinuedThe post Audemars Piguet raise $1.1m for charity with the Royal Oak “One Drop” appeared first on Time+Tide Watches.

To exhibit, or not exhibit, quartz movements? Your answers to the question Time+Tide
Jul 4, 2022

To exhibit, or not exhibit, quartz movements? Your answers to the question

Snobbery is an unfortunate element, at times, within the watch community. Fortunately, there are many moments where #watchfam comes together - charity auctions for Ukraine and breast cancer are just a few examples. But on social media, where much of the dialogue surrounding watches happens these days, sometimes you need to bring a riot shield to … ContinuedThe post To exhibit, or not exhibit, quartz movements? Your answers to the question appeared first on Time+Tide Watches.

Business News: Sam Hines Joins Online Auctioneer Loupe This SJX Watches
Cartier Crash “London” Jun 14, 2022

Business News: Sam Hines Joins Online Auctioneer Loupe This

A watch auction veteran who has had stints at all the major auction houses – Sotheby’s, Christie’s, and Phillips – Sam Hines has just been named managing director of Loupe This, the online-only watch auction platform that was established last year. Mr Hines will be based in Hong Kong, where he will oversee the soon-to-open Loupe This operation in the city. Unlike traditional auctioneers that hold seasonal sales with the online sales in-between, Loupe This has auctions opening and closing every weekday. In the 12 months it’s been in operation, Loupe This has sold over US$15 million of watches, including major lots like a 1967 Cartier Crash “London” that sold for over US$1.5 million. Now also a shareholder in Loupe This, Mr Hines (pictured above left) joins cofounders Eric Ku (centre) and Justin Gruenberg (right), who are both prominent vintage watch dealers in the United States. Having turned a teenage hobby into a profession, Mr Ku got his start as a specialist in vintage Rolex, though he has since diversified into other genres of collectible watches as well as watch restoration and repair. Mr Gruenberg, on the other hand, had watches in his blood, having been born into the business; his father, Donald, was a major vintage watch dealer since the 1980s. The record-setting 1967 Crash that sold on Loupe This in June 2022 The pair decided to form Loupe This to cater to the increasing and unending demand for watches. “The appetite for watches is all year long,...

WATCHES & WONDERS: Hublot hit a purple patch and release a brand new case shape Time+Tide
Hublot hit Mar 30, 2022

WATCHES & WONDERS: Hublot hit a purple patch and release a brand new case shape

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: Hublot hit a purple patch and release a brand new case shape appeared first on Time+Tide Watches.

Michael Caine’s Rolex Oysterquartz Day-Date sells for £125,000 at auction Time+Tide
Rolex Oysterquartz Day-Date sells Mar 3, 2022

Michael Caine’s Rolex Oysterquartz Day-Date sells for £125,000 at auction

As Michael Caine went from strength to strength in the 1970s, he was frequently pictured with a gold Rolex. I’ve written before about my love for the Day-Date on a leather strap that he wore in Get Carter. But Caine also showed his forward-thinking mindset by also snapping up this 18K gold Oysterquartz Day-Date, which … ContinuedThe post Michael Caine’s Rolex Oysterquartz Day-Date sells for £125,000 at auction appeared first on Time+Tide Watches.

Artisans de Genève Introduces the Lance Armstrong Skeleton “Daytona” SJX Watches
Rolex Daytona ref 116520 Dec 17, 2021

Artisans de Genève Introduces the Lance Armstrong Skeleton “Daytona”

Known for customised watches created for celebrity athletes, Artisans de Genève (ADG) has just revealed its latest project, the Armstrong. Based on a Rolex Daytona ref. 116520, the watch was commissioned by former pro cyclist Lance Armstrong. Though it looks thoroughly contemporary, it is modelled on the vintage Daytona ref. 6239 “Pulsations”, one of which just sold at Phillips for US$693,000. The vintage inspiration is literal, yet reinterpreted creatively. The Armstrong has been skeletonised and heavily modified, with both the hour register and automatic winding mechanism removed, resulting in an unusually minimalist watch. Initial thoughts Leaving aside Mr Armstrong’s chequered past – he was a cancer survivor and then multi-time world champion before getting a lifetime ban for doping – his namesake watch is surprisingly interesting. Although it is clearly modern in style, the Armstrong is vintage inspired – it is literally a manual-wind, “pulsations” Daytona. In that sense, it is actually a vintage remake with imagination. A significant amount of effort was clearly expended to get there, and the work appears to be of high quality. Doing away with large chunks of the movements feels drastic, yet the result is intriguing, both conceptually and visually. Or put more simply, it’s weird in a good way. The customisation is priced at about US$45,000, but that excludes the watch, which the client has to supply. It’s fair enough given the substantial work on...

Ralph Ellison’s Omega Speedmaster breaks the record for the most expensive 145.012 ever sold Time+Tide
Omega Speedmaster breaks Dec 14, 2021

Ralph Ellison’s Omega Speedmaster breaks the record for the most expensive 145.012 ever sold

As the home of watch culture, Time+Tide is always intrigued by how the niche world of horology and the broader milieu of culture impact on each other. We previously explored the effect of celebrity provenance on watches and the prices they fetch, but this past weekend at Phillips we once again saw a clear indicator … ContinuedThe post Ralph Ellison’s Omega Speedmaster breaks the record for the most expensive 145.012 ever sold appeared first on Time+Tide Watches.

FRIDAY WIND DOWN: Tiffany madness, DeBethune and Richard Mille in space, and a Marvel Hawkeye Rolex? Time+Tide
Richard Mille Dec 10, 2021

FRIDAY WIND DOWN: Tiffany madness, DeBethune and Richard Mille in space, and a Marvel Hawkeye Rolex?

Although we are approaching the holiday season, the watch world shows no signs of slowing down. A lot (pun intended) has been revealed this week – most notably the fact that tomorrow we’ll discover how well a Tiffany Blue 5711/1A-018 fares at auction when the bidding opens at Phillips. I am not typically a betting … ContinuedThe post FRIDAY WIND DOWN: Tiffany madness, DeBethune and Richard Mille in space, and a Marvel Hawkeye Rolex? appeared first on Time+Tide Watches.

Philippe Dufour Grande Sonnerie Wristwatch Sells for US$5.2m SJX Watches
Nov 5, 2021

Philippe Dufour Grande Sonnerie Wristwatch Sells for US$5.2m

One of the most anticipated sales during Geneva’s watch auction week just concluded with a big number – the Philippe Dufour Grande Sonnerie wristwatch sold for CHF4.749 million, or about US$5.2 million, including fees. While bidding was steady, it was restrained. Three bidders were the key movers behind the result – a phone bidders represented by Yong Ho and Alex Ghotbi of Phillips in Hong Kong and Geneva respectively, as well as an online bidder in Singapore. At the end it was down to the Singaporean buyer and Mr Ghotbi’s phone bidder, who clinched the watch with a hammer of CHF3.9 million. I wrote just earlier this week that I expected the Grande Sonnerie to sell for between US$4.0-5.0 million, so the result was well within my expectation. While there was talk of a far higher number prior to the sale, a variety of factors led me to that range, including the number of known potential buyers as well as the values of comparable watches. And that was how it turned out.  

Highlights: Sotheby’s ‘Fine Watches and Rare Sneakers’ Online Auction SJX Watches
Patek Philippe Calatrava Jul 6, 2021

Highlights: Sotheby’s ‘Fine Watches and Rare Sneakers’ Online Auction

Sotheby’s latest online sale is in a quirky combination of luxury watches and high-end sneakers – some of which cost more than the watches. Fortunately the large majority of the 164 lots are horological, with a selection of watches that’s diverse and interesting, led by a couple of heavyweight top lots. The heavyweights are quite literal, both complicated watches in platinum from brands widely regarded as benchmarks in contemporary watchmaking: an F.P. Journe Tourbillon Souverain with a platinum case and bracelet, along with the A. Lange & Söhne Zeitwerk Luminous “Phantom”. The sale also includes more esoteric watches that might be overlooked, including as a retailer-edition Patek Philippe Calatrava with ruby markers, and a Grand Seiko “First” remake in platinum. The Fine Watches and Rare Sneakers auction is live online from now until June 8, 2021. The full catalogue and registration for bidding are available here. Lot 8201 – F.P. Journe Tourbillon Souverain Platinum Introduced in 2004, the F. P. Journe Tourbillon Souverain was the successor to the original Tourbillon Remontoir d’Egalite. Like the original, the Tourbillon Souverain combined both a tourbillon regulator and constant force mechanism in a quest for accuracy. Its most obvious distinction against its predecessor was the small seconds at six linked to the remontoir mechanism. The Tourbillon Souverain itself was replaced in 2019 by something bigger and vertical, making it increasingly uncomm...

Up Close: Patek Philippe Ref. 2523 World Time Cloisonne “Eurasia” SJX Watches
Patek Philippe Ref 2523 World Time Apr 22, 2021

Up Close: Patek Philippe Ref. 2523 World Time Cloisonne “Eurasia”

The upcoming spring auction season is bringing with it a surprising number of vintage Patek Philippe world time wristwatches. Christie’s will be offering three of them during its evening sale on May 22, including the famed and unique ref. 1415 HU in platinum that once held the record of most expensive watch in the world when it last sold publicly in 2002 and achieved CHF6.6 million including fees. Phillips, on the other hand, will be offering the Patek Philippe ref. 2523 “Eurasia” publicly for the very first time. Long owned by an Italian collector until it was acquired by the present owner in the mid 1990s, this ref. 2523 is one of just three known with a cloisonné dial bearing the “Eurasia” map – and it is in strikingly fine condition. I put it on my wrist during the preview exhibition, and the watch is gorgeous, crisp, and arguably every dollar of the ten or more million it’ll sell for. The hallowed complication Despite not being amongst the most complicated watches Patek Philippe made in the 20th century, its world-time wristwatches (and also pocket watches) are amongst the brand’s most coveted and valuable timepieces. Well before the platinum ref. 1415 HU set a record in 2002, examples of the ref. 2523 with cloisonné dial were regularly selling for well over US$1 million at auction in the 1990s – and are the inspiration for the today’s world-time models, including the recent ref. 5231J. The fact that the world-time was a favourite of Osvaldo Patr...

MICRO MONDAYS: The William Wood Triumph collection is a set of chronographs ready to catch fire Time+Tide
Feb 28, 2021

MICRO MONDAYS: The William Wood Triumph collection is a set of chronographs ready to catch fire

William Wood is known for their well built and accessibly priced timepieces, all of which are inspired by fire rescue and the brave people who put their lives on the line every day. We’ve covered the full backstory of the brand and its name before, but just to recap: William Wood was the name of … ContinuedThe post MICRO MONDAYS: The William Wood Triumph collection is a set of chronographs ready to catch fire appeared first on Time+Tide Watches.

Business News: Swatch Group Sales Plunge on Pandemic Closures SJX Watches
Longines had Jul 14, 2020

Business News: Swatch Group Sales Plunge on Pandemic Closures

Swiss watchmaking conglomerate Swatch Group just announced its half-year 2020 results and unsurprisingly, it took a huge hit due to the COVID-19 pandemic. Although the group, which owns brands like Omega and Longines, had a good start in January with an operating margin of 17.3% – with the watch and jewellery brands performing a bit better than movement- and component-production division – the lockdown progressively imposed across the world since February severely impacted sales, leading to a steep declines in revenue and half-year operating loss, a first for the group. Group sales for the first half plunged 43.4% at constant exchange rates from a year earlier, resulting in an operating loss of CHF327m, compared to a profit of CHF547m for the same period in 2019. Most of the drop in sales was attributed to the lockdowns in most countries, resulting in widespread store closures. The Swatch Group saw up to 80% of both its own boutiques and third-party retailers close, meaning it had to rely on partially “partially feasible” e-commerce. And even after lockdowns were lifted, the group permanently vacated some of its retail space, as evidenced by disputes with its former landlord in Hong Kong, which has sued the Swatch Group for several million in allegedly unpaid rent. Due to its swiftly-streamlining retail network, the group’s employee count was trimmed by 6.5% since December 2019 to approximately 33,700 employees. This was also confirmed by anecdotal evidence fro...

Urwerk to Sell UR-111C Worn by Robert Downey Jr. for Charity SJX Watches
Urwerk Feb 20, 2020

Urwerk to Sell UR-111C Worn by Robert Downey Jr. for Charity

Synonymous with playing Iron Man in Disney’s The Avengers franchise, Robert Downey Jr. is also a fan of Urwerk, having worn several of its watches on screen. Having loaned an Urwerk UR-105 CT to Mr Downey to wear in Avengers: Endgame, the watchmaker then offered the watch up for a good cause, selling it at Phillips auctioneers last year for US$312,500. Proceeds from the sale went to Random Act Funding, a charity established by Mr Downey and his wife, Susan. Now another watch worn by Mr Downey is going under the hammer, once again to benefit Random Act Funding. The watch in question is the UR-111C Black that was worn by Mr Downey to the premieres of Avengers: Endgame in New York and Los Angeles last year. Robert Downey Jr. sporting the UR-111C. Photos – Urwerk Offered in like-new condition, the UR-111C is one of just 25 examples made and identical to the standard model save for one important detail: “RDJ” is engraved on the case place where the serial number would usually be. The watch is being sold in an online auction, with the bidding starting at 125,000 Swiss francs. Bids can be placed from now until 9:00 pm Swiss time on February 24. Only registered members of Urwerk Pre-Owned can bid on the watch, and registration can be done on Urwerkpreowned.com. For more information, please contact Urwerk social media manager Alex Rose.  

Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown SJX Watches
Longines just announced Jan 30, 2020

Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown

Hong Kong’s political unrest has resulted in the first fall in annual profits at the Swatch Group since 2018. The world’s biggest watchmaking group, which owns brands like Omega and Longines, just announced its 2019 results, showing declines in both sales and profits. Net profit fell 13.7%, while sales declined 1.8% at constant exchange rates, or 2.7% at current rates, to 8.24 billion francs. The drops in profit and sales were primarily due to a drastic contraction of its business in Hong Kong – a city with a population of just 7.4 million – where Swatch Group owns over 90 retail stores, largely catering to shoppers from the China. Sales in Hong Kong for the second half of 2019 fell by 200 million francs. While Hong Kong was the key driver of the decline, it was not the only one. The luxury watch business in general is suffering from anaemic growth, which is also evidenced by the watch division results at diversified luxury groups like LVMH and Kering. On a more positive note, Swatch Group has managed to fulfil its stated aims of reducing operating expenditure and thinning inventory. Operating expenses dipped about 6%, while operating cash flow rose 30% in 2019. And after several consecutive years of growth, the group’s inventories declined by 1% in 2019, to a still-substantial 6.85 billion francs at cost. It’ll be a slow 2020… With Swatch Group predicting the situation in Hong Kong will continue to be “challenging” in 2020, it is in a weaker positio...

Swatch Introduces the Big Bold Jelly SJX Watches
Swatch Dec 27, 2019

Swatch Introduces the Big Bold Jelly

One of the iconic Swatch watches from its 1980s heyday was the Jelly Fish (ref. GZ010), which was unveiled in 1983, the same year Swatch itself was launched. A quartz movement entirely exposed in a clear plastic case – accented with brightly coloured hands – the Jelly Fish was a bestseller that encapsulated what Swatch was all about: no-frills but fun watchmaking. The Jelly Fish remained in production, in one form or another – there was even a COSC-certified chronometer limited edition (GK124) in 1990 – for over two decades. Now the spirit of the Jelly Fish returns as the Big Bold Jelly, essentially the same idea but in a larger watch case. The Big Bold Jelly features a quartz movement inside a Big Bold case, just like the recent limited editions created in collaboration with fashion label A Bathing Ape (BAPE). The case is a large 47mm in diameter, with the crown unusually positioned at two o’clock. But just as with the original Jelly Fish, the case is clear plastic, while the band is translucent silicone. And the hands are rendered in bright colours – red, yellow and blue – with a bit more colour provided by the gilded wheels within the movement. Key facts and price Big Bold Jelly Ref. SO27E100 Diameter: 47mm Height: 11.75mm Material: Clear plastic Water resistance: 30m Movement: Quartz Functions: Hours, minutes, and seconds Strap: Silicone with aluminium pin buckle Availability: At Swatch stores Price: US$110 For more information, visit Swatch.co...

The Mysterious Patek Philippe Ref. 2499 with a Vichet Case and Round Pushers SJX Watches
Patek Philippe Ref 2499 Dec 8, 2019

The Mysterious Patek Philippe Ref. 2499 with a Vichet Case and Round Pushers

Watches that are historical curiosities often make for good stories, and sometimes record-setting prices. The Patek Philippe ref. 2499 at Phillips’ upcoming New York sale, as it happens, is one such watch. Rare and usually expensive, the ref. 2499 is not the first perpetual-calendar chronograph made by Patek Philippe – that distinction goes to the smaller ref. 1518 – but it’s the most desirable, broadly speaking, because it has a largish case well suited to modern tastes. Introduced in 1950, the model is regarded to have been produced in four distinct series, each distinguished by various details like the shape of the pushers and the dial. The first series ref. 2499 is characterised by square, or rectangular, pushers, applied Arabic numerals on the dial, which also has a tachymetre on its periphery. For approximately the first two years of its production, the ref. 2499 relied on cases made by Emile Vichet, a Geneva specialist that was the go-to case maker for Patek Philippe during the period. Vichet case, round buttons. Image – Phillips Vichet and Wenger Vichet cases feature distinctive lugs, usually described as claw-like, which are elongated and curve sharply downwards. And because Vichet cases have a flat, as opposed to domed, case back, they sit slightly elevated, on the the tips of each lug, when placed on a table. The number of 2499s with Vichet cases is tiny: around four known in pink gold, and about 10 in yellow gold. Though Vichet went out of business i...

Hands-On: F.P. Journe Octa Réserve de Marche Prototype SJX Watches
F.P. Journe Octa Réserve de Marche Dec 2, 2019

Hands-On: F.P. Journe Octa Réserve de Marche Prototype

As has become tradition, a good part of Phillips’ upcoming New York watch auction is a memorabilia sale of sorts, including watches owned by Marlon Brando, golfer Jack Nicklaus, and astronaut John Glenn, as well as the Urwerk worn by Robert Downey Jr. while playing Iron Man in Avengers: Endgame. The auction also includes a piece of historical horological memorabilia: an F.P. Journe Octa Réserve de Marche prototype. The prototype is largely identical to the later, serially produced version of the watch – the case is platinum and the dial, yellow gold – but is marked as a prototype on the case back, and also bears the various traits unique to early watches made by Francois-Paul Journe. The cal. 1300 Launched in 2002 and discontinued in 2014, the Octa Réserve de Marche was the brand’s first entry-level wristwatch, powered by an automatic movement, the cal. 1300. Originally conceived to have an eight-day power reserve – hence “Octa” – the movement instead has a power reserve of 120 hours, or about five days. Reputedly constructed with a gear train borrowed from a robust and well-known hand-wind movement plus an extra-large mainspring, the cal. 1300 was the base calibre for the entire Octa line. Although a variety of complications were added on top, ranging from the Octa Chronograph to the annual calendar of the Octa Calendrier, all versions of the movement had identical height of 5.7mm regardless of function. The slimness and smart construction did come at th...

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...

Highlights from Jean-Claude Biver’s Collection on Show in Geneva SJX Watches
Audemars Piguet where he started his Nov 5, 2019

Highlights from Jean-Claude Biver’s Collection on Show in Geneva

Now the non-executive chairman of the watch division at LVMH, Jean-Claude Biver has enjoyed a remarkable career in the watch industry that has spanned some 45 years. That success has enabled him to build a timepiece collection that is both magnificent and diverse, ranging from vintage Patek Philippe to modern independent watchmaking. Now the entire collection will be on display for the first time at Phillips in Geneva, after which it will embark on a world tour. Bookends of Mr Biver’s career so far: a Royal Oak ref. 5402 ST by Audemars Piguet, where he started his career And a Hublot Big Bang Tourbillon Chronograph Titled Jean-Claude Biver: A Retrospective. Share, Respect, Forgive, the exhibition includes two dozen watches – including some lovely Patek Philippe pocket watches – that are amongst the best examples of 20th century watchmaking. Notably, the collection also includes several watches by prominent independent watchmakers, many of which were relatively recent purchases. They include a Philippe Dufour Simplicity in rose gold – the exact watch we featured several weeks ago in fact – and a fresh-off-the-press Akrivia Chronometre Contemporain in platinum. According to an inside source, Mr Biver’s late-in-life interest in independent watchmaking, and also the Rolex Daytona “Zenith”, is the result of counsel from his son, Pierre, who is a specialist at Phillips’ London office, showing that the love of watches can be hereditary. A Patek Philippe Ref. 15...

The Rise and Fall of Asprey of London (and a Personalised F.P. Journe Wristwatch) SJX Watches
Louis Vuitton Oct 31, 2019

The Rise and Fall of Asprey of London (and a Personalised F.P. Journe Wristwatch)

An F.P. Journe Octa Calendrier caught my eye at Phillips’ upcoming Geneva auction, not because of the watch itself, but because of the name engraved on the movement: “John R. Asprey”. Now 82, John Rolls Asprey ran his family’s luxury emporium in its heyday, when it was a purveyor of watches, jewels, silverware, fine bookbinding and hunting accessories, with the Sultans of Brunei and Oman as its top clients. Unusually, Asprey was a prominent name in two diverse segments of watchmaking – what are now valuable vintage watches, think “Khanjar” Rolex watches, as well as modern-day independent watchmaking. How it came to be is the remarkable story of the rise and decline of a grand name in British luxury retail. A wondrous emporium Long before luxury brand names had coalesced into conglomerates like LVMH and Richemont, they were independent, family-owned enterprises that were small but globally known – at least by the right clientele. Amongst them were names that are still famous today, including Cartier, Louis Vuitton, and Tiffany & Co., but also one that is less well known now, Asprey of London. Founded in 1781 and having opened in 1847 at 167 New Bond Street – still its premises today, albeit leased – Asprey was once London’s leading luxury merchant. In some ways, it was the ultimate gift shop, where one could buy all manner of exotic and exquisite goods from all over the world, from books to watches to sceptres to crystal. Many of the elaborate objects ...

TAG Heuer Unveils Unique, Hand-Finished Monaco “Steve McQueen” SJX Watches
TAG Heuer Unveils Unique Hand-Finished Monaco Oct 28, 2019

TAG Heuer Unveils Unique, Hand-Finished Monaco “Steve McQueen”

The upcoming Phillips New York auction includes an unusual watch: the Monaco Piece d’Art, a one-off vintage watch restored and hand-finished by TAG Heuer that’s being sold to benefit a charity in the city. Created to mark the 50th anniversary of the iconic square-case chronograph, the Monaco Piece d’Art started out as a ordinary example of the Monaco ref. 1133B – also known as the “Steve McQueen” after the actor wore one in the 1971 film Le Mans – one of several specimens in TAG Heuer’s own museum. Hand-decorated and upgraded The Monaco ref. 1133B was powered by the Calibre 11 Chronomatic, one of the first automatic chronograph movements ever launched; the Chronomatic made its debut in 1969, the same year as the Zenith Primero and Seiko cal. 6139. Though important in the history of watchmaking, the Chronomatic movement was functional and fuss-free. So TAG Heuer decided to change that. The movement inside the Monaco Piece d’Art was taken apart and then carefully decorated, part by part, by a four-person team of watchmakers over three months. The steel levers and springs of the chronograph mechanism were straight grained and bevelled, screws heads were flat polished, gears were given circular graining, and so on. Even the countersinks for the jewels and screws were polished. The refinished movement inside the Monaco Piece d’Art (left), with an original Calibre 11 Chronomatic But the reworking of the movement was not merely aesthetic. The jewel count was...