Hodinkee
Auctions: 4 Highlights (And Hieroglyphs?) From Phillips New York's Upcoming December Auction
A Cartier London Crash, Grand Seiko, and a Patek with hieroglyphs headline the winter sale.
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Hodinkee
A Cartier London Crash, Grand Seiko, and a Patek with hieroglyphs headline the winter sale.
SJX Watches
After looking at some of the highlights of independent watchmaking and unorthodox sports watches at Sotheby’s upcoming sale in Hong Kong, our final instalment covering notable lots is all about avant-garde complications – most of which are far more affordable than the original retail prices suggest. Naturally the selection is by big-ticket mega watches such as the Patek Philippe Sky Moon Tourbillon, but it includes several more creative and intriguing watches that aren’t widely known. Amongst them are a pair of Harry Winstons with exceptionally complex reinterpretations of the tourbillon, along with a Ulysse Nardin featuring a pulley-operated retrograde hand. Important Watches I starts at 10:00 am (GMT +8) on October 5, 2022. Registration for bidding and the full catalogue can be accessed here. Lot 2171: Girard-Perregaux Minute Repeater Tri-Axial Tourbillon Best know for the Tourbillon with Three Gold Bridges, Girard-Perregaux (GP) counts far more complex iterations of the tourbillon amongst its offerings, including this tri-axial tourbillon. Though launched in 2014, the tri-axial tourbillon remains the most complicated tourbillon from GP. It consists of two nested tourbillon carriages with two different axes of rotation, which are then mounted onto a third rotating track that adds another dimension of rotation, resulting in the triple axis motion. Unsurprisingly, the tourbillon assembly is extremely complicated – it consists of almost 150 parts – and takes ...
Hodinkee
AP's Code 11.59 isn't going anywhere. After three years, the much-discussed collection is just now hitting its stride.
Time+Tide
For the last month every publication under the sun has seen a traffic gold-mine in the purported “collapse” in secondary pricing for “hype” watches from Rolex, Audemars Piguet, and Patek Philippe among others. Even we tackled the subject with our own reader-alluring doom and gloom headline. But, after fully digesting the situation, I am beginning … ContinuedThe post OPINION: Are publications hyping up “collapsing” watch prices? appeared first on Time+Tide Watches.
Time+Tide
Rolex, AP, Richard Mille. If you were taking a multiple choice test on which watch a celebrity was wearing, the three aforementioned brands would be your safest bets. That’s because celebrities are often fairly safe with their wristwear. Even if they stretch beyond the common three, whatever other brands we catch on their wrists tend … ContinuedThe post Ben Affleck’s watch collection is choc-full of surprises appeared first on Time+Tide Watches.
Time+Tide
It is kind of a shame that a barometer for the success of a watch reference is when it is not readily available to purchase at retail. In an era of “unobtanium” Rolex, Patek Philippe and Audemars Piguet, these super-hot brands all have standard-production watches selling at a premium due to their lack of availability. … ContinuedThe post Zenith Defy Skyline joins Chronomaster Sport as a “waiting list” model appeared first on Time+Tide Watches.
SJX Watches
Long rumoured and now official, François-Henry Bennahmias will depart Audemars Piguet (AP) at the end of 2023 after an 11-year reign as chief executive. An iconoclast who dared to voice out loud what many people were thinking, he turbocharged a brand that had been coasting and was gradually being edged out by more aggressive competitors. Over the last ten years AP has more than doubled its turnover and operating margin, while maintaining its exclusivity thus enhancing its attraction for customers and collectors. Often criticised for its dependence on a single product family – the legendary Royal Oak contributes makes up over 90% of turnover and even more of profit – the Le Brassus brand has been able to reinvent its flagship product during François’ tenure, turning it into an icon in watchmaking. But Bennahmias’ marketing and business plan owes less to genius than to common sense and a unique ability to unite his team. Brands are crafted by people The path to success for the successful (re)launch of the horological icon is straightforward in hindsight but it is all related to human factors. I am a firm believer in the fact that brands are made by people and not spreadsheets. In a luxury brand, the personality of the chief executive (or creative director) is key to the promotion of its values. A strong personality with character traits suited to a pro boxer, Bennahmias has a strong charisma that allows him to motivate his troops and lead from the front. He has ...
Quill & Pad
“May I have your full attention? This is one of the most important watches ever.” As Sotheby’s auctioneer Benoît Colson opened lot 72 on May 10, 2022, the room seemed to hold its collective breath for a moment. He continued, “The personal Royal Oak of Gérald Genta – you could not dream of a better provenance for a Royal Oak, an Audemars Piguet, or even any wristwatch.” And here's how the world record price for a vintage AP Royal Oak went down from an eyewitness.
Time+Tide
Elite athletes seem to be taking more and more interest in our little corner of the world. From LeBron James sporting the AP Black Panther Concept Watch, Liverpool teammates Jordan Henderson and Virgil Van Dyk visiting the AP manufacture to NFL legend Tom Brady taking a stake in HODINKEE, many high-profiles athletes are packing serious … ContinuedThe post Liverpool’s Jurgen Klopp has a few reasons to smile, including a new watch purchase appeared first on Time+Tide Watches.
SJX Watches
Sotheby’s forthcoming Important Watches I in Hong Kong is the first live auction of the year by a major auction house, or so accurately it’s the second day of the auction, with the sale of a mega, single-owner Patek Philippe collection happening in the evening the day before. With the strong demand for independent watchmaking, the 214-lots sale encompasses timepieces from a range of niche and not-so-niche indies. The lineup is naturally led by F.P. Journe, perhaps the marquee name in independent watchmaking today, but the most valuable lot is the very rare and very expensive Montre École, one of 11 watches born of the Naissance d’une Montre project backed by Greubel Forsey and Philippe Dufour. We round up six highlights from amongst the independent watchmakers at the sale, which starts at 2:00 pm (GMT +8) on April 26, 2022. Registration for bidding and the full catalogue can be accessed here. Montre École no. 09/11 Lot 2127: H. Moser & Cie. x MB&F; Endeavour Cylindrical Tourbillon Having been business partners for a decade or so – Moser’s sister company supplies hairsprings to MB&F; – the two brands revealed their first collaboration in 2020 when both coincidentally celebrated their 15th anniversary. The more complicated of the two anniversary editions, the Endeavour Cylindrical Tourbillon was more Moser than MB&F; with its dial colour and movement, and it certainly didn’t disappoint. The Cylindrical Tourbillon combines the best of both brands. The aesthe...
Quill & Pad
Gérald Genta's claim to eternal horological fame is closely connected to the rise of high-end stainless steel watches: he designed both the Audemars Piguet Royal Oak (1972) and the Patek Philippe Nautilus (1976). While those two watches alone are enough to make Genta a legend, he did much, much more than that as Martin Green shares here.
Time+Tide
You Can’t Ask That, Part 1: Why are AP collections always so controversial when they launch? Introducing a conversation series on YouTube… This is the first video in a series of more conversational, and less directly watch-focused, videos that aim to provide richer telling of the Audemars Piguet story. The title refers to how direct … ContinuedThe post You Can’t Ask That: A new conversation series with Audemars Piguet exploring all kinds of topics appeared first on Time+Tide Watches.
Deployant
AP presents 5 new Royal Oak Offshore Selfwinding Chronograph models in 42 mm equipped with the latest integrated flyback chronograph movement, Calibre 4404.
SJX Watches
Parmigiani Fleurier is one of the pioneering independent watch brands, having been established in 1996 by Michel Parmigiani, watchmaker and restorer extraordinaire. While Parmigiani is a company of relative youth, its founder is a legendary watchmaker universally acknowledged as one of the most talented restorers of vintage watches and clocks. Mr Parmigiani has repaired timepieces in the world’s most venerable watch collections, including the Patek Philippe Museum. Over 25 years of existence, Parmigiani has garnered respect for the quality of its timepieces, though commercial success has consistently eluded it. Being owned by Sandoz Family Foundation, Parmigiani has long enjoyed the largesse possible only with a multi-billion franc endowment funded by a Swiss pharmaceutical fortune. But now perhaps change is in the air. Just earlier this year, Parmigiani tapped Guido Terreni for the top job. Prior to Parmigiani, Mr Terreni spent two decades at Bulgari, the second half of which as head of its watch division. And it was during his tenure that Bulgari’s timepiece business enjoyed a revival of the sort that Parmigiani’s owners are no doubt hoping for. I caught up with Guido earlier in the year to discuss his plans for Parmigiani, including the product line up as well as Mr Parmigiani’s continued role at the company. The interview has been edited for clarity and length. SJX: Let’s start with an easy question.You joined Parmigiani in January 2021, at a difficult time ...
SJX Watches
Audemars Piguet (AP) has made no secret of the fact that it’s retiring the Royal Oak Extra-Thin ref. 15202 at the end of 2021 – along with the slim cal. 2121 movement inside. Essentially a remake of the original Royal Oak ref. 5402 “Jumbo” launched in 1972, the ref. 15202 will be missed and its successor much anticipated. But AP is saying farewell in style at Only Watch 2021 with the Royal Oak “Jumbo” Extra-Thin Only Watch ref. 15202XT in titanium and bulk metallic glass. Despite the modern materials, the watch is a dead ringer for an “A Series” Royal Oak ref. 5402 because the dial is a replica of the original, right down to the typography. Note the typography, as well as “Swiss” at six under the indices – details identical to those on the ref. 5402 Initial thoughts It’s hard to render the ref. 15202 unattractive. Close to the original in look and feel, the ref. 15202 has been iterated several times in the last few years, with each version slightly different in style but similarly attractive – examples include the “salmon” or smoked-green versions. Dressed in shades of grey, the Only Watch edition differs from its predecessors in colour and texture, but remains equally handsome. The all-grey, tone-on-tone palette has an appealing industrial feel, which suits the angular style that’s slightly brutal but refined in construction. The colours are not the only differentiating factor for the Only Watch “Jumbo”. The sandblasted titanium case ...
Time+Tide
Within the hip-hop community the prevalence of Patek Philippe, Audemars Piguet, and Richard Mille is abundant. In a scene where competitive flair and one-upmanship is a key component, many rappers’ initial step into watches is to buy “buss-down” watches – whether iced out by the factory or aftermarket. But as this market matures, what we … ContinuedThe post Like fine wine, Cardi B’s watch collection is becoming more refined with age appeared first on Time+Tide Watches.
SJX Watches
Launched just last year, the Code 11.59 Selfwinding Flying Tourbillon Chronograph is the flagship model in Audemars Piguet’s oft-discussed line of run watches. Executed well in almost every way, the Code 11.59 Tourbillon Chronograph underscores the potential of the family. But more importantly, the watch encapsulates AP’s strengths. Despite being known largely for the Royal Oak, and widely criticised for the Code 11.59 and then the Royal Oak Concept Black Panther, AP remains AP. The brand is a long-established, top-tier watchmaker that knows how to make fine watches. That is amply evident in the Code 11.59 Tourbillon Chronograph. Initial thoughts The Code 11.59 was widely panned online at launch, though the virtual mob’s rage was overdone, taking the weakness of specific models and generalising it across the entire line. The dials on the three-hander and chronograph were bland, but the other models were more appealing. But the Code is in fact an impressive collection in terms of finish and construction – though some dials still can be improved – especially the octagon-within-a-circle case that’s difficult to appreciate in photos. But the Code 11.59 has gained traction since, especially with the subsequent facelifts that combined smoked, lacquered dials and two-tone cases that immediately made the watch more attractive. At the same time, highly complicated models have joined the line up, including the open-worked tourbillon and Grande Sonnerie, which add to...
Time+Tide
I’ve said it before and I’ll say it again. Too often in the realm of celebrity watch spotting we are subject to the usual suspects: Rolex, Patek Phillipe, Audemars Piguet, and Richard Mille. There is nothing wrong with that, as we all admire and desire watches from those brands. But it is far more interesting … ContinuedThe post Usher flexes his spectacular Purnell watches worth more than $450k appeared first on Time+Tide Watches.
SJX Watches
A watch that combines the famous octagonal case with an innovative movement, the Royal Oak Double Balance Wheel Openworked is unquestionably the most technically interesting time-only Audemars Piguet (AP) Royal Oak. And then there’s this bejewelled version that’s certainly a lot more extravagant, but at the same time shows off the details and finishing of the movement better. Initial thoughts This watch is the ultimate black-tie watch – time-only and eminently classical in size at just 37 mm. In fact, it’s quite a bit smaller than the 41 mm standard model, making it a discreet fit under a cuff that will probably be secured by diamond-set cufflinks. It’s also dressed up with a glossy crocodile strap and a lot of generously sized, baguette-cut diamonds – a technically-inclined watch that takes its bling seriously. But this is not just another octagonal watch with diamonds. The movement relies on a novel technical concept for better timekeeping, but its technical merits are usually overlooked because it is installed inside a “hot” watch. And this particular version of the movement is more attractively executed here than on the standard models. Because movement here is plated in silvery rhodium – no doubt to match the dazzling whiteness of the diamonds – it’s more appealing than on the non-jewelled versions that have a dark grey ruthenium finish that’s almost black. While the finishing of the two is essentially identical, the dark finish obscures much ...
SJX Watches
Conceived as a home-like atmosphere – and located in more discreet locations than traditional boutiques – AP Houses are key to Audemars Piguet’s retail strategy. And now the handful of AP Houses around the world have their own exclusive edition, the Royal Oak “Jumbo” in platinum with a smoked green dial. Initial thoughts The Royal Oak “Jumbo” ref. 15202 is an iconic design, and one of the genuine instances where the label is applied correctly. It’s also thin and elegant, while having a substantial presence. And the cal. 2121 inside is an old but impressively sophisticated calibre. But the Jumbo is also one of the hottest watches today, and its desirability has long become disconnected with its intrinsic qualities. Being platinum, the latest version is extremely expensive, but also extremely attractive. The weight and lustre of the metal – especially combined with the fine case finishing of the Royal Oak – gives it tremendous tangible appeal. And the green dial, while not novel (it isn’t a modern-day invention but H. Moser is today’s best practitioner of the smoked finish), looks good. The new Jumbo is, in short, a beautiful watch that’s going to be rather hard to obtain. House exclusive There are seven AP Houses around the world, including in New York, London, Hong Kong, and Bangkok, which will be the only venues to obtain the new Jumbo. Production will be limited to 100 watches in the first year, which means each AP House should get about two a...
SJX Watches
Audemars Piguet just announced many of the year’s new launches during Inside AP, a virtual presentation anchored by chief executive François-Henry Bennahmias and head of complications Michael Friedman, which also included something more intriguing – a partnership with Marvel and its band of superheroes. Hinted at when I interviewed Mr Bennahmias in 2019 – the announcement originally slated for a June 2020 – the tie up was decades in the making. According to Mr Bennahmias, he had envisioned a tie up with Marvel, the film studio and comic-book publisher that owns characters like Spider-Man, Iron Man, as well as the Avengers and X-Men, some 15 years ago. He only managed to set it in motion in 2017, thanks to American actor Don Cheadle, best known for playing War Machine in the Iron Man and Avengers film series. Friends with Mr Bennahmias for a decade, Mr Cheadle set up a meeting with Marvel executives that year, and also took part in today’s Inside AP presentation. Francois-Henry Bennahmias (left) and Don Cheadle Coming soon to a watch near you. Image – Marvel Studios Mr Bennahmias noted the Marvel partnership was inspired in part by the Fantasy watches of Gerald Genta that featured Disney characters like Mickey Mouse. Coincidentally, Marvel is now owned by The Walt Disney Company, making it a realisation of his ambition in more ways than one. More details about this tie up will be revealed in April during an event in Los Angeles. Stay tuned.
SJX Watches
Named chief executive officer of Audemars Piguet (AP) in Southeast Asia at the end of 2019, Stefanie Ng was in charge of the brand’s marketing efforts in the region before being tapped for the top job. A respected industry insider whose first job was in watchmaking, Ms Ng is now responsible for one of the fastest-growing regions at one of the best-performing luxury-watch brands. With many pandemic restrictions lifted, I sat down with Ms Ng for a chat earlier in the year, where she explained what has kept her at AP for almost all of her career, and also provided some hints as to the watchmaker’s upcoming launches. The interview was edited for clarity and length. You were appointed CEO of AP in the region in October 2019. Tell us a bit about your career before that. I started my career in the watch industry, at Swatch Group, first at Breguet, and then at Blancpain and CK Calvin Klein, where I did marketing. So the world of luxury watches was familiar when I joined AP as the regional marketing manager, [a role] you would call brand manager today. I handled all marketing activities across Southeast Asia, that’s eight to nine countries, for eight years. You have been at AP for most of your career. What has kept you there? The company and its people. Its values and direction have given me interesting perspectives on the watch industry, while helping expand my horizons, first as a marketer, and then as a leader. And of course, it’s also the brand – AP is where I feel at...
Time+Tide
Who doesn’t love a good watch spot? You know you’re in the presence of a true watch geek if they feel the need to pause the film every time a timepiece makes a cameo. But at times, these discoveries can feel a bit predictable. Musicians are constantly found wearing AP Royal Oaks or Nautilus references, … ContinuedThe post From Daniel Craig to Ronaldo Jr, six watches we never expected to spot on these wrists… appeared first on Time+Tide Watches.
SJX Watches
Taking place on Sunday, November 29, Phillips’ Hong Kong auction spans a wide range, including independent watchmaking, which includes the S.U.F Sarpaneva x Moomin prototype, as well as value buys (including a surprisingly well-priced Grand Lange 1 Luna Mundi). Here’s a look at a few standouts amongst the complicated watches on offer – particularly watches that might go under the radar. It includes the Patek Philippe ref. 5101R 10-Day Tourbillon powered by an under-appreciated but gorgeous movement inspired by the brand’s observatory chronometers, along with the Audemars Piguet MC12, one of the coolest complications in any shape but an octagon to leave Le Brassus. The auction happens on November 29 at the JW Marriott Hotel Hong Kong, while the catalogue and online bidding are available on Phillips.com. Lot 850 – Audemars Piguet Millenary MC12 Despite being overwhelmingly famous for its octagonal luxury-sports watch, Audemars Piguet has produced highly-complicated watches in other case styles. Amongst the most interesting is the Millenary C12, a cutting-edge watch when it was launched in 2006 and inspired by the Maserati MC12 supercar (which was based on the Ferrari Enzo). Equipped with a hand-wind chronograph movement with a tourbillon, the MC12 is unusual both mechanically and aesthetically. Most obvious is the oval case with a “bullhead” chronograph layout, with the pushers at one and 11 o’clock, which is usually associated with auto-racing chrono...
SJX Watches
Singapore-based Cortina Holdings has just announced it is buying fellow retailer Sincere Watch for S$84.5 million in cash, confirming rumours that first surfaced in July. A retailer of both Patek Philippe and Rolex – the most important brands for any watch retailer of scale – Cortina is listed on the Singapore stock exchange and one of the largest players in the region, with stores in six countries, including Singapore, Malaysia, Thailand, and Taiwan. With the acquisition of privately-held Sincere, Cortina will double its retail network, while clinching Sincere’s crown jewel, the rights to distribute Franck Muller in 12 Asian countries, which accounts for over half of Sincere’s sales. Besides Franck Muller – whose Master Banker Asia Edition is pictured above – Sincere is also a retailer of high-end watchmakers like A. Lange & Söhne, Audemars Piguet, and Greubel Forsey, all of which Cortina does not have in its stable of brands. That said, it is not uncommon for watch brands to end distribution or retail agreements upon a change in ownership. The expansive Patek Philippe boutique operated by Cortina in Singapore’s ION Orchard mall The deal excludes Sincere’s Hong Kong arm, which will remain with its current owner, Hong Kong businesswoman Pollyanna Chu, whose fortune comes from financial services and gaming. It will be the fourth time Sincere has changed hands since 2007 when it was sold for a record S$530 million to Hong Kong-based Peace Mark. A conglom...
The only post-war platinum minute repeater ever made by AP with a bracelet.
SJX Watches
Taking place over two days – Friday, November 6 and Saturday, November 7 – The Geneva Watch Auction: XII at Phillips is the first sale of the fall auction season. A compact sale of under 180 lots, the auction comprises a diverse line up, ranging from the obviously notable – like a Cartier Crash in platinum and a unique Patek Philippe ref. 5020P – to the obscure but extremely interesting, like the postwar A. Lange & Söhne wristwatch made after the company had been nationalised by the Soviets, as well as a vintage Audemars Piguet perpetual calendar with a paradoxical brand-new but factory-original case. Here’s a look at handful of standouts from the sale. You’ll find the full catalogue, as well as online bidding, right here. Lot 31 – Patek Philippe Annual Calendar Regulator ref. 5235G Unlike many of the other watches in the auction, the ref. 5235G is neither rare nor complicated, or even especially valuable. But it is an under-appreciated gem in Patek Philippe’s line up. Lightly designed and full of unusual details – ranging from the brushed dial finish to the engraved logo at three – the ref. 5235 also boasts a distinctively-designed movement unique to this reference and found in no other model. This example of the ref. 5235 is in white gold, which was discontinued last year and replaced by the same in rose gold with a black dial. While the new version is far more striking, the almost monochromatic white gold version is deeply appealing in its simplici...
Two Broke Watch Snobs
Recently, Bulova announced an exciting set of new watches. But holy hell, they’re expensive. Today you’ll catch up with Mike and Kaz for a new segment that breaks down the price range of new, ridiculous releases as the guys pitch some alternative choices for your hard-earned cash.
Time+Tide
Audemars Piguet have been slowly but surely unveiling some quietly inspired new releases in 2020. First came the bite-the-back-of-your-hand beautiful [Re]master01 Selfwinding Chronograph, then came a diminutive new Royal Oak 34mm. More recently, AP saw fit to bestow its much-lauded Royal Oak Jumbo Extra-Thin with two new models – the dazzling Diamond Indexes In Platinum … ContinuedThe post Audemars Piguet add three new black-cased Royal Oak Offshore models with smoked fumé dials appeared first on Time+Tide Watches.
SJX Watches
While the vast majority of watch content on Instagram is predictable and repetitive – hello Nautilus with baguette gemstone bezel and Submariner “Hulk” – there are a couple of collectors with interesting watches who share their collections on the picture-sharing app. The most interesting for me are the independent-watchmaking enthusiasts. Most own watches that well known and regarded as landmarks in the genre – Philippe Dufour Simplicity, F.P. Journe tourbillon, Akrivia Chronometre Contemporain, and the like – but many also have watches further off the beaten track, like Keaton Myrick’s 1 in 30 or the Bexei grande sonnerie. Here are a few independent-watchmaking collectors who are worth a follow. @igwatchlover – A collector based on Southeast Asia, Igwatchlover features his own watches, as well as occasionally watches owned by his friends – who are also accomplished collectors. Amongst the watches that can be found on his account is the unique and elaborate Voutilainen Starry Night Vine, and the Vox Vinum grande sonnerie by Aaron Becsei, and the one-off, regulator-dial minute repeater by Voutilainen. And he also features a good number of notable complicated watches from the 1990s, which are overlooked today but often just as interesting as the latest creations. @horoptimist – A longtime collector who only started his Instagram account recently, Horoptimist is based in Asia but has managed to visit several independent watchmakers in their home count...
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