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The Swatch Group

Largest Swiss watch employer (~17,000 staff). 18 brands from Breguet/Blancpain at the top to Swatch at entry. ETA SA + Nivarox-FAR. Hayek family controls.
Highlights: Complications at Phillips’ Hong Kong Watch Auction SJX Watches
Audemars Piguet MC12 one Nov 23, 2020

Highlights: Complications at Phillips’ Hong Kong Watch Auction

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...

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Highlights: Value Buys at Phillips’ Hong Kong Watch Auction SJX Watches
Vacheron Constantin chronograph Nov 20, 2020

Highlights: Value Buys at Phillips’ Hong Kong Watch Auction

Happening at the end of the month, The Hong Kong Watch Auction: XI is a 250-lot auction with a diversity of offerings, including a good number of grand complications as well as a full complement of the recently-launched Rolex Oyster Perpetual with candy-coloured dials. But for the enthusiast with more esoteric tastes, the sale also includes a selection of affordable independent watchmaking, as well as value buys from more mainstream brands – here’s a look at a couple of highlights, ranging from a surprisingly well-priced Grand Lange 1 Luna Mundi to a white-and-rose-gold Vacheron Constantin chronograph. 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 803 – Seiko Prospex Marinemaster Professional 1000 m “Tuna” Gundam Zaku set An anime series about humans doing battle in giant robots, Mobile Suit Gundam is one of the most famed examples of Japanese pop culture, even having a Wikipedia page titled “Cultural impact of Gundam“. Seiko rolled out several limited editions for the 40th anniversary of the franchise last year, including this pair dedicated to the villains of the series, the dome-headed robots known as Zaku. Bulbous and vaguely military in form, the Prospex “Tuna” – arguably the most iconic of Seiko’s many dive watch designs – is surprisingly well matched to the Zaku robots. Resembling a tuna can, the watch case is actually double walled, made ...

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Business News: Switzerland’s Most Important Watch Fair Cancelled for 2021 SJX Watches
Patek Philippe as well as privately-held Nov 17, 2020

Business News: Switzerland’s Most Important Watch Fair Cancelled for 2021

Originally scheduled for the first week of April next year, Watches & Wonders 2021 was to have taken place at Palexpo, the convention hall near Geneva’s airport that’s long been host to Geneva’s major trade fairs. And it would have been a massive event, with up to 50 brands taking part. With the demise of Baselworld earlier this year, Watches & Wonders (W&W;) was on track to become the most important watch fair in Switzerland. Formerly known as SIHH, Watches & Wonders would have counted most of the industry’s leading brands as exhibitors. Its participants would have included all of the brands owned by Swiss luxury group Richemont, including Cartier, A. Lange & Söhne, and IWC, industry giants Rolex and Patek Philippe, as well as privately-held brands like Chanel and Chopard. A scene from SIHH 2019, seeming like a lifetime ago But due to the ongoing pandemic, the physical fair will not take place, and the participating brands will (mostly) launch their new wares online. A significant number of new watches will be unveiled during the planned dates of the fair – April 7 to 13, 2021 – but most of the brands will no doubt be unveiling additional watches throughout the year, as they have done in 2020. The organisers of W&W; are optimistic about the year after, promising the “2022 edition will be the biggest watch event ever held in Geneva”, with even more brands coming on board. For more, visit Watchesandwonders.com.  

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Business News: Singapore Retailer Cortina Watch Acquires Rival Sincere SJX Watches
Audemars Piguet Nov 17, 2020

Business News: Singapore Retailer Cortina Watch Acquires Rival Sincere

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...

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Highlights: Independent Watchmaking at Phillips’ Hong Kong Watch Auction XI SJX Watches
Louis Vuitton Mr Newson has long Nov 13, 2020

Highlights: Independent Watchmaking at Phillips’ Hong Kong Watch Auction XI

With the Geneva watch auctions having just concluded – and notching up a US$1.51 million record for a Philippe Dufour Simplicity – it’s now Hong Kong’s turn. Taking place at end November, The Hong Kong Watch Auction: XI includes a compact selection of independent watchmaking, most of which are notably affordable. Here’s a look at a few highlights, including the prototype of the sold-out S.U.F. Sarpaneva x Moomin that will be sold to benefit charity. 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 801 – Marc Newson Hour Glass Perhaps the quintessential timekeeper designed by Marc Newson, the Hour Glass is a timekeeper filled with nanoballs”, tiny steel spheres that are coated in gold – specifically, a little under 1.25 million of them. An industrial design known for his Lockheed Lounge and the work for brands like Qantas and Louis Vuitton, Mr Newson has long dabbled in designing watches and clocks. The Hour Glass was unveiled in 2010 by Ikepod, the watch brand cofounded by Mr Newson that later went bust. It’s a single piece of glass that’s formed by hand with a blowtorch, a rigorous process that requires skill and finesse, which explains the price despite its simplicity. This Hour Glass is the smallest version in the line up, standing 15 cm high, making it a convenient object for the desk. It’s a 10-minute timer; the medium and large versions are 3...

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WHO TO FOLLOW: @reubenschoots, an Australian independent watchmaker building a George Daniels Tourbillon pocket watch Time+Tide
Nov 10, 2020

WHO TO FOLLOW: @reubenschoots, an Australian independent watchmaker building a George Daniels Tourbillon pocket watch

Anyone who knows anything about watches knows that watchmaking is hard. And anyone who knows anything about watchmaking knows that the bar set by George Daniels is extremely high. But despite these daunting challenges, there is a young watchmaker in Canberra, Australia, who is making a complete tourbillon pocket watch according to the George Daniels … ContinuedThe post WHO TO FOLLOW: @reubenschoots, an Australian independent watchmaker building a George Daniels Tourbillon pocket watch appeared first on Time+Tide Watches.

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Highlights: Phillips Geneva Watch Auction XII SJX Watches
Audemars Piguet perpetual calendar Nov 6, 2020

Highlights: Phillips Geneva Watch Auction XII

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...

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8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII Time+Tide
Nov 5, 2020

8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII

Let’s face it, watch auctions can be a little bit intimidating. The big players in the watch game are centuries-old organisations, with Christie’s and Sotheby’s both pre-dating the First Fleet sailing into Botany Bay, and Phillips only eight years younger, being founded in 1796. All this history, the seven-figure headline lots and the sometimes confusing … ContinuedThe post 8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII appeared first on Time+Tide Watches.

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Trump versus Biden: Forget politics, whose watch collection do you prefer? Time+Tide
Oct 31, 2020

Trump versus Biden: Forget politics, whose watch collection do you prefer?

We will have to wait to see who wins the election next week in the race for the presidency of the United States. In the meantime, we thought it would be a good time to check in and see what watches President Trump and former Vice President Biden have been wearing as of late. Politics … ContinuedThe post Trump versus Biden: Forget politics, whose watch collection do you prefer? appeared first on Time+Tide Watches.

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Auction Watch: Double F.P. Journe Pisa Orologeria Editions at Ineichen SJX Watches
Vacheron Constantin once created limited editions Oct 30, 2020

Auction Watch: Double F.P. Journe Pisa Orologeria Editions at Ineichen

Once a leading auctioneer for high-end pocket watches in the late 20th century, Zurich-based Ineichen is now also specialised in wristwatches. Its upcoming November auction includes an intriguing pair of F.P. Journe watches – a Resonance and tourbillon naturally – both from limited editions made for Pisa Orologeria. Located in Milan, Pisa is one of Italy’s more storied watch retailers. It is a family-run business and prominent enough that a good number of watch brands – ranging from A. Lange & Söhne to Vacheron Constantin – once created limited editions exclusively for Pisa, back when brands used to do such things. Both F.P. Journe watches going on the block at Ineichen were limited editions made for Pisa, and share the same uncommon silver-and-grey livery. The first watch is a Resonance made to mark the 60th anniversary of Pisa in 2000. It has standard 40 mm case and rose gold movement, with an extremely unusual dial. Made of white gold, the dial features dark grey, ruthenium-plated sub-dials with white markings, an unusual combination then and still today. Only five were made, and only one has been sold publicly before – another example sold for 106,250 Swiss francs at Christie’s Geneva in 2015, which was then a record price. The market for F.P. Journe watches has since taken a turbocharged ride upwards, which means the 2015 price will probably be left in the distance at next month’s auction. The next Pisa edition was a follow up to the Resonance. It’...

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Dubai Watch Week 2020 Goes Online SJX Watches
Greubel Forsey  Aline Sylla-Walbaum Christie’s Luxury Oct 20, 2020

Dubai Watch Week 2020 Goes Online

Having taken place in Dubai and London since 2015, Dubai Watch Week (DWW) is now going online. Organised by Ahmed Seddiqi & Sons, the largest watch retailer in the Middle East, DWW was traditionally a watch fair catered to consumers and collectors that was a platform for education as well as new product launches. Despite the pandemic, DWW is going ahead as much as is reasonably feasible. “Our objective of uniting the watch community and providing an educational platform is at the forefront of what we hope to achieve via this experience,” explains Hind Seddiqi, Director General of Dubai Watch Week. A scene from an earlier DWW that took place in the Dubai International Financial Centre This year the event takes the form of four panel discussions that will be broadcast live online. The panels will cover familiar topics like the grey market for luxury watches, but also the more intriguing: the October 26 session is about “conspiracy and authenticity and whether the heart of the luxury industry beats in an organic market or is wound-up and coerced into ticking by specific entities”. Representing the breadth of the watch industry, the panellists ranging from auctioneers to entrepreneurs to watchmakers. Amongst the participants are Edouard Meylan of H. Moser & Cie., Stephen Forsey of Greubel Forsey, Aline Sylla-Walbaum, Christie’s Luxury department head, as well as Chief Strategy and Business Development Officer of Seddiqi Holding Christophe Nicaise. And it also ...

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Hands-On: IWC Pilot’s Watch Chronograph Top Gun “SFTI” SJX Watches
Rado xically Oct 15, 2020

Hands-On: IWC Pilot’s Watch Chronograph Top Gun “SFTI”

IWC is not the only maker of pilot’s watches, but it is perhaps the best known. The brand’s line up of aviator’s timepieces is all encompassing, from basic three-handers to chronographs, and paradoxically for an aviation instrument, even perpetual calendars. But the latest pilot’s offering is straightforward. The IWC Pilot’s Watch Chronograph Top Gun “SFTI” is a chronograph with a ceramic case, but its pushers, crown, and case back are Ceratanium, which is essentially titanium coated with ceramic. And more notably, it’s a limited edition of 1,500 watches that will be sold publicly, but is based on a similar watch created in 2018 that is available only to graduates of the United States Navy Strike Fighter Tactics Instructor (SFTI) programme, better known as TOPGUN. Initial thoughts IWC is not short on pilot’s watches, even special or limited-edition pilot’s watches. The brand has rolled out many, many iterations, variations, and editions. But the Pilot’s Watch collection is a bestseller so that’s commercially inevitable. But that doesn’t take away from the intrinsic appeal of a pilot’s watch. And IWC has been especially successful at tweaking the no-nonsense design to make it interesting in a way that appeals to the boy in every man. Some of the appeal isn’t sophisticated, but it is there – like the red fighter jet silhouette as the seconds hand counterweight. The base-model IWC Pilot’s Chronograph in steel has that appeal, and in blac...

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2020 FANTASY WATCH COLLECTION PART 3 – What would we buy with a budget of $1MUSD? Time+Tide
Oct 11, 2020

2020 FANTASY WATCH COLLECTION PART 3 – What would we buy with a budget of $1MUSD?

If you’ve got $1mUSD to build a watch collection in 2020, you’re used to the finer things in life. But what would you do if you could only select watches that were released this year? This is the question that has been put to the T+T Team, and in this article the team will show … ContinuedThe post 2020 FANTASY WATCH COLLECTION PART 3 – What would we buy with a budget of $1MUSD? appeared first on Time+Tide Watches.

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Auction Watch: Philippe Dufour Simplicity Sells for Record US$662,000 SJX Watches
Oct 9, 2020

Auction Watch: Philippe Dufour Simplicity Sells for Record US$662,000

Sotheby’s fall watch auction in Hong Kong included a diverse selection of independent watchmaking, including two examples of the Philippe Dufour Simplicity, both with silver guilloche dials. The first to go on the block was a 37 mm specimen in white gold with a movement number of 68. It sold to a client represented by Joey Luk of Sotheby’s watch department for HK$3.528m including fees, which is a little over US$455,000. That was substantially above the US$250,000-300,000 range that the Simplicity had generally sold for, setting a new record for the model. The next lot was a 34 mm Simplicity in platinum, numbered “100”. And then the record was broken. After a few minutes of back and forth between an online bidder, as well as phone bidders represented by Ms Luk and John Chan, also of Sotheby’s watch department, Mr Chan’s bidder triumphed with a bid of HK$4.1m. Inclusive of fees, the total was HK$5.136m, or about US$662,000, well over double the most recent high for the Simplicity. Part of the reason behind the price is rarity, not only absolute but also relative to other Simplicities. Platinum is unquestionably the rarest metal version for the watch, and 34 mm examples is are regarded to be fewer than 37 mm. The record price for both watches bode well for the Simplicity 20th Anniversary “00/20” – fresh from maker and offered by Mr Dufour himself – that will be sold at Phillips’ November auction in Geneva.  

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2020 FANTASY WATCH COLLECTION PART 2 – What watches would we buy with a budget of $10,000 USD? Time+Tide
Oct 9, 2020

2020 FANTASY WATCH COLLECTION PART 2 – What watches would we buy with a budget of $10,000 USD?

Like we said in the previous instalment, 2020 has been so bad that fantasy is often all we’ve had left. Fantasies of leaving our houses are still being had daily in Melbourne, and fantasies of new watches and sunny days are not far behind. So, to try to make something good of the bad, we’ve … ContinuedThe post 2020 FANTASY WATCH COLLECTION PART 2 – What watches would we buy with a budget of $10,000 USD? appeared first on Time+Tide Watches.

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2020 FANTASY WATCH COLLECTION PART 1 – What watches would we buy with a budget of $5000 USD? Time+Tide
Oct 9, 2020

2020 FANTASY WATCH COLLECTION PART 1 – What watches would we buy with a budget of $5000 USD?

I can’t remember the last time we conducted a Fantasy Watch Collection poll at Time+Tide. But I’ve noticed something in 2020 amongst the team. With the majority of us locked down in Melbourne, Zoom meetings frequently degenerate into wistful commentaries on what we’re going to buy next. What’s where on the wish list. Fantasies aplenty. … ContinuedThe post 2020 FANTASY WATCH COLLECTION PART 1 – What watches would we buy with a budget of $5000 USD? appeared first on Time+Tide Watches.

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Highlights: Sotheby’s Hong Kong Watch Auction SJX Watches
Zenith Oct 7, 2020

Highlights: Sotheby’s Hong Kong Watch Auction

With its auctions earlier in the year having been delayed due to the pandemic – and supplemented by weekly online sales – Sotheby’s has resumed its traditional schedule and the fall auction season in Hong Kong is now in full swing. Preceded by sales of wine, art, and jewellery, Important Watches takes place in Hong Kong in two days – at 4:00 pm on October 9. Made up of just over 180 lots, the catalogue encompasses independent watchmakers like Philippe Dufour – there are two Dufour Simplicities in the sale – who are notable and known, and also some who are less prominent today, like Antoine Preziuso and Svend Andersen. And the sale naturally the usual suspects, with the headline watch being a possibly-unique Rolex Daytona “Zenith” with a lapis lazuli dial, and perhaps the most intriguing being a quartz Rolex Beta 21 in white gold that might be one of a kind. Here’s a look at a couple of interesting lots, and the complete catalogue is available here. The lapis Daytona The white gold Rolex Beta-21 Lot 2062 – Andersen Geneve Secular Perpetual Calendar Known for his inventive complications and unique bespoke watches, Svend Andersen was a pioneer in independent watchmaking. He established his own brand in 1979 and cofounded the AHCI in 1986. Four decades on, he continues to produce watches using artisanal and traditional methods. A good example of his mechanical creativity is the secular perpetual calendar that made its debut in 1996 – the first of its...

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Jaeger-LeCoultre Master Ultra Thin Kingsman Knife Watch: Cutting A Sharp Edge Quill & Pad
Jaeger-LeCoultre Master Ultra Thin Kingsman Sep 23, 2020

Jaeger-LeCoultre Master Ultra Thin Kingsman Knife Watch: Cutting A Sharp Edge

The 'Kingsman' feature-film series is based on comic books of the same name and stars a special breed of British secret service operatives. Stylish as they are, these Savile Row agents also obviously need watches to match their bespoke suits. In honor of the forthcoming third film in the series, Jaeger-LeCoultre and Mr. Porter launch the exceptional Master Ultra Thin Kingsman Knife Watch. And it is bound to wow you with its cutting-edge profile!

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