Hodinkee
In-Depth: Swatch Group Battles With COMCO Over ETA Movement Sales
At issue is whether Sellita really will be able to compete with ETA in an open market for mechanical watch movements.
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Hodinkee
At issue is whether Sellita really will be able to compete with ETA in an open market for mechanical watch movements.
SJX Watches
Before the monumental Grand Complication was launched in 2013 – essentially a wristwatch remake of a pocket watch sized like a pocket watch – the most complicated A. Lange & Söhne was the Tourbograph. Launched in 2005, it combined a split-seconds chronograph with a tourbillon regulator as well as a chain and fusee. A limited edition of 51 watches conceived as a tribute to the Günter Blümlein (1943-2001), revered for having reestablished A. Lange & Söhne after the fall of the Berlin Wall, the Tourbograph was powered by the L903.0 movement, made up of 465 parts, excluding the tiny chain. Cased in platinum, it was the original Lange uber-complication; a later edition of 50 pieces had a honey gold case, followed by an even more complex version with a perpetual calendar. Same but different Level up But Lange went one better and made a singular example of the ultimate Tourbograph, which was the most expensive Lange at the time. This Tourbograph was a unique piece set with 202 diamonds on the case – including one brilliant-cut diamond on the crown – and 175 on the bracelet, for a total of 377 diamonds weighing 40.6 carats. Diamonds aside, it is also unique as the only Tourbograph known that’s fitted to a matching platinum bracelet. Unveiled in 2009, it was made for Dubail, destined for its flagship store – which opened just the year before – on the Place Vendome, the posh square in Paris that is home to the Hotel Ritz and grand French jewellers like Cartier and...
Revolution
A petite moon phase to help us picture the brightest orb in the night sky? Le Rhöne wants you to forget that the moon deserves nothing less than large.
SJX Watches
The often quirky or abstract equestrian themes Hermès applies to its watches recently received an unusual twist: its newest pair of timepieces feature dials decorated in ikat, a traditional dyeing and weaving technique usually associated with Indonesian textiles. Characterised by individually dyed yarns and slightly fuzzy motifs, ikat has been given a touch of gold – literally – in the Slim d’Hermès Cheval Ikat. Combining the traditional art with modern technology, the dial is decorated with tiny threads, each the third the width of a human hair – some 1,165 of them in total. Each thread is secured on the dial at two points, creating a network of linear, perpendicular threads crisscrossing the dial that form a prancing horse. The ends of each thread sit in a laser-cut divot on the dial that’s been filled with a drop of 24k gold, which secures the thread while giving the dial a metallic glint. Offered in two variants – in white or rose gold with dark or light dials respectively – the Cheval Ikat is powered by the H1950, an extra-thin calibre with a micro-rotor made by Vaucher, a movement specialist part owned by Hermes that is probably best known for supplying movements to Richard Mille. Key facts and price Slim d’Hermès Cheval Ikat Diameter: 39.5mm Material: 18k white or rose gold Water-resistance: 30m Movement: H1950 Functions: Hours and minutes Winding: Automatic Frequency: 21,600 beats per hour (3Hz) Power reserve: 42 hours Strap: Alligator L...
Hodinkee
The team at London's A Collected Man just sold a genuine piece of horological history.
SJX Watches
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:
SJX Watches
In keeping with the lengthening guarantee periods throughout the watch industry – eight years at Cartier and most other Richemont brands, and five years at Rolex and Omega – Tudor has just announced the guarantee period for all its watches is now five years, for all watches sold from January 1, 2020 onwards. But owners of recently purchased Tudor watches will also get a warranty enhancement: all watches sold from July 1, 2018 to December 31, 2019 get an 18-month warranty extension, in addition to the existing two-years, for a total of three and a half years, or 42 months. Watches sold before July 1, 2018 retain the unchanged, two-year warranty. The Tudor Black Bay Chrono Dark Tudor’s warranty extension further enhances the value inherent in its remarkably well-made and well-priced watches, which are amongst the best value propositions on the market today. The warranty extension is unsurprising, not only because of the competition, but also because Tudor watches – particularly those powered by its in-house movements – are extensively tested and notably reliable.
Time+Tide
Editor’s note: It may surprise the uninitiated to read this, but creating a completely new calibre, in-house, from scratch, is a very, very costly exercise. And there’s a reason that most boutique and micro watchmakers stick to third-party movements from the likes of ETA and Sellita, because to make their own movements is financially unviable. … ContinuedThe post Germanic genius: the Nomos Tangente neomatik 41 Update appeared first on Time+Tide Watches.
SJX Watches
An educator by profession, Josh Shapiro had a longtime interest in watchmaking, which sharpened into a pursuit of traditional engine turning in 2013. After several years of practice – and a roomful of guilloche machines – the self-taught guillocheur and watchmaker produced a handful of dials for American watchmaker David Walter in 2016. And last year Josh launched his own brand, J.N. Shapiro, which he now pursues full-time, while remaining a part-time vice principal at a high school in Los Angeles. His debut watch was the Infinity Series, named after the Infinity Weave, a proprietary guilloche pattern he invented. The first J.N. Shapiro Infinity Series delivered, the watch pictured here, was finished earlier this year – and is numbered “N.01”. Though Josh offers a variety of options for the case and dial colours, this watch hews closely to the prototype, with a rose gold case, silver dial, and blue hands. It’s important to note this is actually the first watch Josh sold, and consequently shows some of the inevitable inconsistencies of a watchmaker’s early work. There are a couple of stray marks and burrs on the dial, and a bit of lint, but the early work of independent watchmakers is usually inconsistent, which is part of the hand-finished charm, and also proof of how artisans evolve. Josh’s subsequent dials have improved tremendously. Josh Shapiro with one of his straight-line machines. Photo – J.N. Shapiro The Infinity Series has a simple but effect...
SJX Watches
The entry-level model in Breitling’s Navitimer line, the Navitimer 41 is a three-hander with date – plus the Navitimer’s trademark circular slide rule bezel. Already available in a variety of guises, it’s now available in a small, 36-piece run for Breitling’s Southeast Asian boutiques, with a blue dial and red gold bezel. The Navitimer Automatic 41 Southeast Asia Boutique Edition has a 41mm steel case, but dressed up with the rotating bezel in 18k red gold. As with all current Navitimers, the bezel has a “beads of rice” rim, a detail taken from the first generation Navitimer of the 1950s that was later replaced by a more functional knurled edge. To match the bezel, the hands and hour markers are plated in red gold, while the dial is a deep metallic blue. Though not available on the Navitimer prior to this, the combination is a familiar, having been used by numerous brands in recent years, especially with blue dials being fashionable now. And the movement inside the Breitling 17, which is a rebadged ETA 2824, a robust, no-frills movement, here with a COSC chronometer certification. The SE Asia edition is limited to 36 pieces, and not 50 as engraved on the case back of the prototype above Key facts and price Navitimer Automatic 41 Southeast Asia Boutique Edition Diameter: 41mm Height: 10mm Material: Steel with 18k red gold bezel Water resistance: 30m Movement: Breitling 17 (ETA 2824) Functions: Hours, minutes, seconds, and date Winding: Automatic Freque...
Time+Tide
As promised in the article on Robert De Niro and his watches in film, we are following up with watches worn by Al Pacino. Pacino is best known for his roles as Detective Vincent Hanna in Heat, Cuban gangster Tony Montana in Scarface, Lieutenant Colonel Frank Slade in Scent of a Woman, and Mafia don Michael Corleone … ContinuedThe post Watches worn by Al Pacino on the big screen appeared first on Time+Tide Watches.
Hodinkee
Talking 007, double-sealed Pateks, and how things actually get made.
SJX Watches
In terms of press, Breguet’s most significant watch of the year is a relatively simple one, the Type 20 for Only Watch, which sold for 210,000 Swiss francs at the charity auction, or just over four times the high estimate. But the most significant watch in terms of haute horlogerie is the Classique Tourbillon Extra-Plat Squelette 5395. The ref. 5395 a large, thin, and ornate watch that’s actually a variant of the large, thin, and simple ref. 5367 introduced two years ago. More elaborate than the typical Breguet, the ref. 5395 is beautifully executed, down to the smallest elements, like the blued-gold hobnail hour markers or mirror-polished countersinks. But most importantly, the movement within is finished exceedingly well – by hand – to a level that’s a cut above the average Breguet complication. Most of that is obvious in the photos below. Graceful proportions At 41mm and just 7.7mm high – thinner than the 8.1mm Royal Oak “Jumbo” – the ref. 5395 sits elegant and flat on the wrist. Compared to larger, and usually more complicated, Breguet watches, this feels like what a classical Breguet should be. Because of its diameter, however, it can look like a dinner plate on smaller wrists. And the ref. 5395 doesn’t work on hairy wrists either, because the skeletonisation leaves a wide gap in between the bridges. That’s because the skeletonisation of the cal. 581SQ inside is extreme; according to Breguet some 50% of the movement’s mass was removed. And th...
Deployant
Homage or vintage? Retail or ceased production? At a certain stage in watch collecting, many may face this conundrum. Should I get a modern iteration of a watch, when the original vintage is potentially more desirable?
Deployant
We spent 3 weeks with the Fujifilm GFX 50R with 2 lenses - the 45mm and the 120mm Macro as our daily camera. And give you our views on the system.
SJX Watches
After several weeks of negotiations, LVMH has sealed the deal to buy Tiffany & Co. in a US$16.2 billion, all-cash deal. Despite several years of listless growth and a declining share price – though its current management was in a midst of engineering a turnaround – Tiffany & Co. is the biggest acquisition ever in the luxury goods industry. The French luxury conglomerate, which owns Louis Vuitton and Christian Dior, is paying US$135 a share, about 35% above the last traded price before news of the takeover broke. With the acquisition of the storied American jeweller, LVMH strengthens its presence in the “hard” luxury business of jewellery and watches, a segment traditionally dominated by its Swiss rival Richemont, the owner of Cartier, Van Cleef & Arpels, and most recently, Buccellati. The addition of Tiffany’s to its 75-strong stable of brands, which includes watchmakers like Hublot and TAG Heuer, will also help LVMH grow its presence in China and the United States, where the jeweller’s baubles are popular. And the deal also means Tiffany’s well regarded chief executive, Alessandro Bogliolo, returns to LVMH, where he was once the chief operating officer at Bulgari.
Hodinkee
One of the auction season's biggest lots just sold at Christie's Hong Kong.
Quill & Pad
Stainless steel case, integrated bracelet in the same material, manufacture movement, and a blue dial: these are the ingredients for today's watches that people are willing to spend a significant premium to obtain. For many, this was also the first thought that went through heads when Chopard recently launched its new blue-dial, stainless steel, sporty watch, the Alpine Eagle. Martin Green looks beyond that pretty blue face after wearing it for a week and gives us his thoughts.
Time+Tide
The story in a second: The TAG Heuer Carrera Calibre 16 blue dial is a familiar face, which has been sleekly refined. If you know TAG Heuer, you’ll know the Carrera chronograph, a wristwatch that has been trackside at motorsport events for decades, offering those behind the wheel a functional timing tool. While some of … ContinuedThe post IN-DEPTH: The TAG Heuer Carrera Calibre 16 blue dial appeared first on Time+Tide Watches.
SJX Watches
Shaped like an extraterrestrial seashell, the De Bethune Dream Watch 5 (DW5) is the brand’s most striking timepiece. It’s simple in function – showing just the time and moon phase – but more of a time-telling object than a mere watch. The new Maestri’Art DW5 Armilia is the opposite of the sleek, smooth finish of the original Dream Watch. The rose gold case is fully engraved with a motif from Les Cités obscures, or The Obscure Cities, a series of graphic novels by Belgian duo François Schuiten and Benoît Peeters. Specifically, the engraving depicts Armilia, an underground city of the novels that’s shaped like an armillary sphere. François Schuiten’s original drawing of Armilia Responsible for the engraving is Michele Rothen Rebetez, a freelance engraver based in Le Locle who has worked with De Bethune for several years, most recently on the Maestri Art I and II. Instead of the deeper, relief engraving that Ms Rothen Rebetez typically uses for watches, the DW5 Armilia is finished with banknote style engraving, made up of numerous fine, shallow lines to create depth and shadow. The DW5 is produced in two sizes, and the DW5 Armilia is in the larger, 58mm size. Mechanically, it is identical to the standard DW5, with the time indicated in a narrow window, along with the spherical moon phase display, both framed in blued titanium. The cal is 18k rose gold, while the crown is topped with a 1-carat blue sapphire. Key facts and price Maestri’Art DW5 Armilia R...
SJX Watches
After a record-setting auction weekend in Geneva, the action moves to Hong Kong in the last week of November. Chatter about the Hong Kong auctions this year are dominated by one watch, the Patek Philippe ref. 2523 twin-crown world time in pink gold with a blue enamel dial, because it carries the highest pre-sale estimate in watch auction history of 55m-110m Hong Kong dollars, or about US$7m-14m. Instead of being sold along with the rest of the watches on November 27, it will be the opening lot in the evening sale of 20th century and contemporary art on November 23. With the top lot in the evening sale – Five Nudes by Sanyu – having an estimate of HK$250m-550m dollars, or about US$32m-70m, the twin-crown world time hardly looks out of place. The Audemars Piguet Jules Audemars Equation of Time But the ref. 2523 aside, the rest of the Christie’s sale is made up of 239 more affordable timepieces, including an ultra-rare Patek Philippe ref. 3651 chronograph and a value-buy Audemars Piguet Jules Audemars Equation of Time in platinum. Here’s a look at highlights from the sale. And the full catalogue can be found here. Lot 2298 – Patek Philippe Nautilus ref. 3800/108G in white gold, with diamonds and emeralds This is shameless 1990s bling – a Nautilus ref. 3800/108G. The suffix means it’s 18k white gold, fully set with brilliant-cut diamonds and having 11 baguette-cut emeralds for the hour markers. The watch feels weighty in the hand, though the case is compact. An...
SJX Watches
Just days after the F.P. Journe Astronomic Blue made for Only Watch 2019 sold for a record 1.8m Swiss francs, the watchmaker has unveiled the regular production version of the same – the Astronomic Souveraine. While the last unique F.P. Journe produced for Only Watch eventually made into production in a significantly different form, the Astronomic Souveraine is largely the same. Save for the steel case, dial colours, and movement decoration, the Astronomic Souveraine is identical to the unique Only Watch creation. Inspired by a pocket watch Francois-Paul Journe produced in 1987 – itself inspired by the earlier works of Breguet and George Daniels – the Astronomic Souveraine has 18 complications, shown on two faces on each side of the case. These include showing both mean solar time and sidereal time, as well as an annual calendar, equation of time, tourbillon with remontoir d’egalite constant force mechanism, and a minute repeater. Despite its complexity, the indications are remarkably well-presented, and furthermore, can all be adjusted via a single crown. Though the case is 44mm wide – the largest wristwatch ever by F.P. Journe – it remains notably compact at just 13.8mm high, helped in part by his ultra-thin minute repeater mechanism with flat hammers and gongs. As with most F.P. Journe watches, the dial on the front is solid gold, as are the bridges and plate of the movement. The 758-part cal. 1619 is equipped with double barrels, which are partly visible ...
SJX Watches
Just a month after the Watch Art Grand Exhibition in Singapore closed its doors – after receiving some 68,000 visitors – Patek Philippe has revealed the next event will happen in three years’ time, in 2022. Slated to take place in Tokyo, Japan, the event will no doubt pay tribute to one of Patek Philippe’s biggest, oldest and most sophisticated markets. And as it was with past events, the exhibition in Tokyo will be accompanied by a slate of event-exclusive limited editions, just as it was recently in Singapore. The Aquanaut Singapore 2019 ref. 5167A-012 The announcement of the next exhibition comes just days after the Patek Philippe Grandmaster Chime in steel made for Only Watch 2019 sold for 31m Swiss francs, smashing the last world record. And it’ll probably still be the world’s most expensive watch in 2022. The sixth Watch Art Grand Exhibition will take place in Tokyo in 2022, most likely in fall. Dates and venue have yet to be announced, but we’ll publish it as soon as information is available.
Time+Tide
TAG Heuer has just unveiled the all-new Monaco 02, and it’s a big deal because it’s the first Monaco in the storied watch’s 50-year history to utilise a completely in-house movement. As a result, the Swiss watchmaker is kissing goodbye to the old Sellita SW300-based Calibre 12 movement, which has been a stalwart of the … ContinuedThe post TAG Heuer bids adieu to the Monaco Calibre 12 with a Final Edition appeared first on Time+Tide Watches.
SJX Watches
During a chat with Montblanc watch division chief Davide Cerrato this weekend in Geneva – where the split-seconds chronograph he created for Only Watch sold for a 100,000 Swiss francs – he revealed the company had recently discovered a small number of finished Minerva MB M62.00 movements from the early 2000s. Already decorated and assembled, the hand-wound movements were then paired with a specially designed dial to create a discreet limited edition. The calibres were produced in 2003, during the brief period from 2000-2006 when Minerva was owned by Italian former billionaire Emilio Gnutti who was later convicted of insider trading. Mr Gnutti radically remade Minerva after he took over, elevating it from a producer of competent and honest watches into one focused on ultra high-end timepieces with exceptional movement finishing. But his endeavour was not financially viable and he sold Minerva to Richemont, which integrated the brand into Montblanc. The Minerva-Minerva movement The MB M62.00 in the new Heritage Small Second come from this period, so they have impeccable finishing. But unlike Minerva movements produced after the Montblanc takeover, these movements were wholly finished prior to the Richemont takeover so they are only marked “Minerva” and “Villeret”. Though the MB M62.00 are identical, both in style and finishing, to later movements marked “Montblanc”, aficionados will appreciate the nostalgic Minerva logo. The MB M62.00 movement is derived fr...
Time+Tide
Most of the hype around the results of Only Watch 2019 has been wholly and solely squared at the monumental, record-breaking price achieved by the Patek Philippe Grandmaster Chime ref. 6300A, and it’s pretty easy to understand why … it sold for $31 million CHF (roughly $52 million AUD)! However, away from the white noise … ContinuedThe post Smart Money: 5 of the best buys from Only Watch 2019 appeared first on Time+Tide Watches.
SJX Watches
At Only Watch 2017, Audemars Piguet’s Royal Oak Perpetual Calendar in black ceramic – but with a one-off blue dial – sold for a whopping 800,000 Swiss francs, with two phone bidders driving it to nearly seven times the high estimate. It was the third most expensive watch in the sale. This year’s contribution is no Royal Oak – far from it – but it’s surprisingly worthy of a second look. In fact, it’s probably the best-looking watch to emerge from the brand’s often criticised Code 11.59 line. Amidst the flak heaped upon it, the Code 11.59 range had a couple of standouts, including the Tourbillon Openworked. And that’s where AP started for Only Watch 2019. The Tourbillon Openworked Only Watch retains the slim, beautifully finished skeleton movement, eschewing the contentious Code 11.59 dial altogether. And the movement has a two-tone finish that smartly highlights the most important mechanical components. To match the movement, the Only Watch edition features a two-tone case that does justice to the Code 11.59 construction in a way the uniform colour of the standard models simply couldn’t. Superbly constructed In terms of size, the case is identical to the standard model – 41mm by 10.7mm. Beyond immediate impressions, the case is wonderfully constructed with a subtle and intriguing mix of shapes and finishing made obvious by the two-tone materials. The octagonal case middle is pink gold, while the rest of the case, including the lugs, are white gold,...
SJX Watches
Breguet’s contribution to the most recent Only Watch auction in 2017 was a unique, enlarged version of its inventive in-line perpetual calendar that had the calendar indications arranged in a column vertically across the dial. Though clever and unusual, the watch was probably too esoteric and classical for current tastes, and it sold for 110,000 Swiss francs, just 10% above the high estimate, reputedly to a discerning collector in Australia. This year’s upcoming Only Watch, however, includes a very different Breguet that should sell for a multiple of its estimate. The Type 20 for Only Watch 2019 is essentially a spot-on replica of the two-register aviator’s chronograph Breguet supplied to the French military from the mid 1950s – exactly the type of watch that is desirable now. Specifically, it’s a remake of the first generation Type 20, which was marked “5101/54” on the case back, denoting the order number, “5101”, and the year of 1954. More specifically, it’s based on the Type 20 made for the French air force, distinguished by equal-sized sub-dials; watches for the naval air arm had oversized minute counters. Named after the French military specification for pilot’s chronographs, itself derived from the Second World War German air force chronograph design, the original Type 20s were produced by a variety of watchmakers, including Vixa, Dodane, and Auricoste. Breguet examples, however, are the most valuable. Note that “Type XX” refers to the same...
SJX Watches
Even amongst avant-garde watchmakers, De Bethune stands out for its substance – aesthetic and material innovation matched by technical ingenuity. At its core, the brand has reimagined the most fundamental aspects of mechanical timekeeping, from the barrel to the hairspring, while pushing the boundaries of traditional complications, be it the moon phase, tourbillon or chronograph. But arguably its most distinctive innovation is an aesthetic one, which has come to define the brand no less – heat-blued titanium. The brand has used the alloy for more than 15 years across various parts of the watch, even making almost a whole watch out of it. But now De Bethune has a twist on the theme, resulting in the DB28 Yellow Tones in brilliant golden titanium. Fiery yellow Though the colour of the new DB28 is striking, it is by no means loud, as the amber shade of yellow isn’t the same as yellow gold and doesn’t pass off as such. In fact, it looks more like fresh brass than gold. The colour was achieved through thermal oxidisation of the surface, essentially the same process as that used for blued titanium (and also the same for blued steel). The yellow surface, just like the blue, is the result of an oxide that forms on the surface of titanium when it is heated to a certain temperature. But amber yellow tone in this case was created by heating it at a lower temperature than used for blued titanium. Titanium undergoes different stages of oxidation when heated, and yellow is o...
Quill & Pad
Six pre-selected watches, five panelist judges, and four predicted winners. You want variety, our predictions for the 2019 Grand Prix d'Horlogerie de Genève Petite Aiguille category has more variety than you can strap on two wrists. Check out the reasons for the disparate views here.
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