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F.P. Journe FFC Blue Dec 30, 2022

Takeaways from Attending My First Live Watch Auction

I have always been fascinated by the drama that unfolds at a live watch auction – the excitement, the applause that accompanies a record hammer price, and the occasional silence when there are no bids to be found made. As a collector, the drama that unfolds adds colour to the hobby and adds another dimension to the business.  I had long tuned in for the livestream of auctions since I purchased my first vintage timepiece almost a decade ago. I followed the blockbuster results in the salerooms of the three leading auction houses, Phillips, Sotheby’s and Christie’s, but I had yet to experience being in the room until my outing to the recent fall sales in Hong Kong.  Watching the gavel fall on screen I knew I had to attend a live auction after watching the Sotheby’s Geneva auction that took place in December 2014. On my laptop I saw the sale of the Henry Graves Supercomplication unfold, when the man with the red tie, whom I later discovered to be Aurel Bacs, won the watch for US$24 million.  A few years later, while commuting to my first job out of college, I caught the exact moment when Paul Newman’s “Paul Newman” Rolex Daytona sold for a record at Phillips’ in New York. More recently, I tuned in for the sale of the F.P. Journe FFC Blue at Only Watch last year. Even though I only watched these sales on a screen, it is clear that watch auctions at the highest level are almost a competitive sport, with bidders from across the world or the aisle locked in a ...

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Patek Philippe Calatrava ref 5057 made Dec 28, 2022

Interview: Jeremy Lim of Cortina Watch on the Family Business and Longevity

With 2022 revenue of S$716.9 million (equivalent to US$532 million), Cortina Watch is one of the world’s biggest watch retailers. It was founded in 1972 as a single store but has grown into a regional giant with stores across Southeast Asia as well as outposts in Taiwan and Australia. Cortina marked its 50th anniversary this year with a slew of limited editions that reflect its importance, including the Patek Philippe Calatrava ref. 5057 made specifically for it. Though publicly listed, the company remains controlled by the founding Lim family, with the third generation having recently joined the business. A crucial member of management is Jeremy Lim, the younger son of Cortina founder Anthony Lim. Jeremy helms the business alongside his siblings Raymond and Sharon. I spoke with Jeremy recently to uncover the factors behind the longevity and success of Cortina. Three generations of the Lim family, with Jeremy Lim second from left. Image – Cortina Watch SJX: When Cortina was founded 50 years ago by your father, it was one of many watch stores in Singapore. But now Cortina is one of the few left, in fact it’s one of the biggest in the region. What is the secret to the longevity and success? Jeremy Lim (JL): We were lucky that we had a lot of help from the family when my dad started the business with my mom. [My brother] Raymond started early in the business, then my sister got interested in the business as well, and subsequently I was reeled in. The old school method o...

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Longines Master Collection “190th Anniversary” is Dec 25, 2022

Best of 2022: Value Propositions

We’ve gone through the year’s best watches from independent watchmakers and establishment brands, as well as the most notable complications. Nearly all of the watches on those lists, however, are pricey. So now we round up the best affordable watches of the year, namely those under US$5,000. Put another way, these are the best value proposition of 2022, both in nominal and relative terms. As has become the norm, Tudor is shoo-in when it comes to value propositions. A streamlined version of its deep-sea dive watch, the Pelagos 39 is compact, lightweight, and minimalist. The case is 39 mm and all titanium, while the dial does away with the date but includes a line of red text in a nod to vintaged dive watches.  While much about the watch has been simplified, the details of the Pelagos 39 are fancier than usual. Both the dial and bezel insert are radially brushed – a matte metallic finish for the dial and brushed ceramic for the bezel – giving the Pelagos 39 a more reflective finish than its peers. When it comes to dress watches, the Longines Master Collection “190th Anniversary” is amongst the best, particularly at its US$2,000-ish price. It features a dial that appears to be highly elaborate with Breguet hour numerals that appear to be hand engraved. Naturally the dial is made by machine, but it is done convincingly enough that has a strikingly appealing aesthetic. Thanks to the dial, the watch certainly punches above its price segment. And like many Longin...

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Greubel Forsey Dec 25, 2022

Best of 2022: Compelling Complications

Most brands, especially the establishment names, stuck to the evolutionary rather than revolutionary in 2022, which also held true for the latest complications for the year. Nearly all of the year’s most notable complications were derived from past concepts. But the result can still be impressive, as demonstrated by the Ulysse Nardin Freak S. The latest version of a watch that was revolutionary when it was introduced in 2001, the Freak S embodies the ideas that made the original Freak a milestone, including the unorthodox movement construction and the liberal use of intricately-shaped silicon components. But above all it boasts a far more complex regulator that takes the form of twin oscillators connected by a differential. As outlined in our in-depth review, the twin-balance setup was mostly found on classical (and expensive) chronometers from the likes of Greubel Forsey and Philippe Dufour, making the Freak S an outlier with its hyper-modern design. And at US$137,000, it is also more affordable than similar complications from other makers. Standing in stark contrast to the aggressively contemporary styling of the Freak S is the Cartier Masse Mystérieuse. Typical of Cartier with its Roman numerals and ruby cabochon in the crown, the Masse Mystérieuse is inspired by the mystery clocks made by the jeweller in the first half of the 20th century. The result of over eight years of research and development, the Masse Mystérieuse was the final complication devised by C...

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Audemars Piguet Royal Oak Extra-Thin ref Dec 23, 2022

Best of 2022: Establishment Favourites

Having covered the year’s best from independent watchmaking, we now turn to the big names (but leaving out the value buys below US$5,000 that we cover in a subsequent story). The notable launches from establishment marques were predominantly evolutionary, either new-and-improved versions of existing models or vintage remakes. Nothing was a landmark achievement – except for the monumental Rolex Deepsea Challenge that is less of a watch than a statement of technical prowess. While not strikingly novel, many of the year’s best watches are executed very, very well. One of the best is the Audemars Piguet Royal Oak Extra-Thin ref. 16202. Practically unchanged from the 1972 original in terms of design, it doesn’t do anything new in terms of design. The the new “Jumbo” nonetheless is a superior watch, mainly thanks to a brand-new movement as well as subtle improvements to the case. As we detailed in our in-depth review, the “Jumbo” retains the look of the original, right down to the colour of the dial, which is reproduced with PVD treatment. But it is the new cal. 7121 that’s the star. Amongst the things, it boasts an efficient, bi-directional winding system, as well as a higher beat rate for the balance wheel, resulting in more stable timekeeping. But perhaps most important is the addition of a quick-set date. While getting this watch at the retail price is a Sisyphean task, it is one of the year’s top watches simply because it makes a classic much better....

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Dec 22, 2022

Best of 2022: Independent Watchmaking

Twenty twenty-two will undoubtedly be the best year on record for the luxury-watch industry. Swiss watch exports recorded their highest ever monthly value in November 2022 and the total for the year will top CHF24 billion, another all-time record. Despite the stellar year – or perhaps because of it – the “novelties” for 2022 are fairly muted. Lots of nice watches made their debut during the year, but the truly outstanding and significant launches were sparse. That could be for a few reasons, including supply chain disruptions due to the pandemic or that brands simply didn’t need to try too hard since sales were easy. During Watches & Wonders, a chief executive of a high-end independent brand conceded that it was better to conserve ammunition for the inevitable slowdown. Watches & Wonders 2022, where sales were easy to come by. Image – Watches & Wonders Even if the genuinely notable were few, the volume of new releases was consistently high throughout the year. And it wasn’t just new models from existing brands, but also new faces, especially in the independent watchmaking space. There was plenty to keep watch aficionados occupied throughout the year.  Still, the year’s top watches are pretty obvious. The very best will be remembered a decade from now as a significant or important watch. Other picks simply have soul and authenticity. With that in mind, our team compiled the year’s best in each of the major categories, ranging from establishment favourit...

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Grand Seiko White Birch” Initial thoughts Dec 20, 2022

Seiko Introduces the Prospex SPB333, “White Birch” for Less

As is its habit, Seiko is marking the 110th anniversary of its first-ever wristwatch with a series of limited editions starting with the recent Presage SBP359. Now the Japanese watchmaker unveils the Prospex Save the Ocean “Seiko Watchmaking 110th Anniversary” based on its “turtle” dive watch but featuring a patterned dial reminiscent of the popular Grand Seiko “White Birch”. Initial thoughts When Seiko first announced limited editions for the 110th anniversary, I was expecting a reissue of the original Laurel wristwatch, which turned out to be spot on. But as a longtime fan of Seiko dive watches, I was hoping for something based on the “Turtle” for the occasion. Well, I am happy to say that the SPB333 does not disappoint. Though it is easily recognisable as a “Turtle”, it is clear that thought went into the styling. Its designers used the classic diver as a template for gentle experimentation and the result certainly delivers. The dial is beautiful and certainly fancier than that on the average Seiko diver. Though ostensibly inspired by glaciers, the textured dial certainly brings to mind the popular “White Birch” pattern found on several Grand Seiko models. This level of dial decoration on a “tool” watch places the SPB333 on my Christmas wish list. Pattern aside, I do have some bones to pick with the dial design, specifically the date window between four and five o’clock. I find date windows on Seiko divers are far better in the cust...

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Casio n Dec 18, 2022

Jaquet Droz Introduces the Rolling Stones Automaton

Since playing their first note in 1962, the Rolling Stones have become one of the most iconic rock bands of all time, with music that has transcended generations and left a lasting impact on pop culture. Led by the charismatic Mick Jagger, the Rolling Stones are now in their 60th year, an occasion that is being marked by Jaquet Droz with the Rolling Stones Automaton. A signature timepiece of Jaquet Droz, the automaton watch is  traditionally decorated with themes from the natural world (and occasionally the fantasy realm of dragons and elves). But the tribute to the Rolling Stones instead reproduces their instruments and rebellious album covers on a rotating vinyl record. Initial thoughts Automatons by Jaquet Droz are beguiling thanks to the attention to detail evident in each watch, most of which are made to the client’s specifications and thus unique. The Rolling Stones Automaton very much personifies that ethos but in a very different way. It combines the brand’s trademark micro-automaton with late-20th century pop culture and manages to captures the spirit of the rock icons. Admittedly, there was some trepidation when I first saw the watch. It did seem a bit kitschy and more like a concert souvenir than a piece of mechanical art. And it departs from Jaquet Droz’s usual fare of elegant, artisanal timepieces like the Magic Lotus Automaton. But then again, the watch is clearly targeted at a very specific audience: the diehard “Stones” fan who appreciates f...

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Blancpain Villeret Tourbillon Heure Sautante Dec 15, 2022

Up Close: Blancpain Villeret Tourbillon Heure Sautante Minutes Rétrograde

While Blancpain is best known for its retro dive watches and triple calendars, the brand’s catalogue includes a surprisingly broad range of complications, especially for a brand of its scale (but the fact that the brand is part of Swatch Group clearly helps). One of its most interesting recent complications is the Villeret Tourbillon Heure Sautante Minutes Rétrograde, the first Blancpain watch with either a jumping hours or retrograde display. Despite the lengthy name, the Tourbillon Heure Sautante Minutes Rétrograde, from now on simply THSMR, is a simple watch on its face, but one executed in an elaborate manner with details that speak to its quality. The dial is champlevé enamel with a symmetrical time display and “floating” flying tourbillon, while the movement has a six-day power reserve and bridges finished with guilloche. Initial thoughts Unlike most of Blancpain’s complications that formal and busy, the THSMR is an elegant watch with an almost minimalist design. The fired enamel dial has a figure-of-eight display that gives it almost perfect symmetry, except for the charmingly quirky hour window that is off-centre but just right. And up close the tourbillon appears to be “floating” thanks to a clear sapphire lower bridge. It is a fairly large watch as most Blancpain watches now are, though it’s not too thick at just over 11 mm high. But the size is grounded in its mechanics: the cal. 260MR is a sizeable movement with an impressive six-day power r...

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MB&F; Dec 15, 2022

MB&F; Introduces the M.A.D. 1 “GMT Milano”

Designed and assembled by MB&F;, the M.A.D. 1 was initially conceived as a limited-edition thank-you for the brand’s longstanding collectors known as the “Tribe” and its suppliers. It then became a standard production model, allowing the wider public access to the most affordable creation ever released by the independent watchmaker. Now MB&F; has created a limited edition for GMT Italia, the retailer owned by the Corvo family, the M.A.D. 1 “GMT Milano”. Initial thoughts MB&F; embodies independent watchmaking, in my opinion, because it creates a whimsical yet alluring timepiece with authentic design and ingenuity. But its creations, typically priced in the six figures, are out of reach for the average collector. That’s where the M.A.D. 1 comes in. The M.A.D.1 “GMT Milano” costs the same as the regular production model, making it an appealing proposition for something with the flavour of avant-garde independent watchmaking without breaking the bank. With only 30 pieces, it will no doubt sell out immediately, but lucky 30 buyers will definitely have an uncommon M.A.D. 1 edition that stands out from its peers. More broadly, the M.A.D. 1 is avant-garde in terms of design and certainly looks like an MB&F; creation – but it is executed in a very economical manner. While the design is striking, one reservation I have with the M.A.D. 1 is the case construction, which relies on glue to secure all the parts together. But again, for what it retails for, that is accept...

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Breguet Introduces Dec 14, 2022

Breguet Introduces the Classique 9075 “Chinese New Year”

Continuing its annual tradition of commemorative editions for the Chinese Lunar Year, Breguet introduces the Classique 9075 “Chinese New Year” to commemorate the Year of the Water Rabbit set to start in January 2023. While last year’s “Tiger” edition was a men’s watch with a hand-engraved dial, this year’s watch is artisanal yet whimsical in a manner that is atypical for the typically conservative brand. Initial thoughts It is always lovely to see a timepiece that makes you smile, especially from a brand that is usually formal. While Breguet debuts special editions regularly, it often utilises guilloche for the dials, as is the brand’s trademark. So the playful dial on the Classique 9075 is refreshing. The prancing-rabbit motif manages to be whimsical without being bold and loud, and still retains the elegance and grace expected of Breguet. And of course the grand feu enamel dial is executed with intricate detail and craftsmanship. The Classique 9075, however, is a women’s watch, not because of the design but the compact case diameter of 33.5 mm as well as the diamonds on the bezel and lugs. A masculine version – scaled up and sans diamonds – would certainly have appeal for male enthusiasts. At CHF43,000, the Classique 9075 is priced in the same ballpark as comparable models in the regular production collection, making it a compelling alternative to the average Breguet. But it will only be an alternative for very few as the watch is limited to o...

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Seiko Introduces Dec 13, 2022

Seiko Introduces the Presage 110th Anniversary SPB359

Seiko made history when it produced the first-ever made-in-Japan wristwatch in 1913. Known as the Laurel, the 1913 wristwatch was typical of the era when pocket watches were evolving into wristwatches. To mark the 110th anniversary of its first wristwatch, Seiko debuts the Presage Seiko Watchmaking 110th Anniversary ref. SPB359. Featuring a fired enamel dial, the Presage 110th Anniversary is modelled on the 1913 original, right down to the case reminiscent of a pocket watch. Initial thoughts Seiko regularly rolls out Presage limited editions with dials ranging from porcelain to Japanese lacquer, but all share the same case style despite the diversity in dials. In contrast, the Presage 110th Anniversary is refreshingly different and unique within the Presage line-up. Not only is the case executed in the style of an early 20th century watch, it is also more compact than the typical Presage, measuring at 37.5 mm in diameter instead of the usual 40.5 mm. That said, the new Presage is still fairly thick at over 12 mm high as a consequence of the movement inside. Both the case design and dimensions give it a distinctly different look and feel from past Presage models. This means the anniversary edition has appeal even for someone who already owns a past Presage model. And as expected for Seiko, the Presage 110th Anniversary is solid value with a retail price of about US$2,000. The 1913 Laurel in the Seiko Museum Retro styling Entirely polished and stainless steel, the case of t...

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Piaget Introduces Dec 12, 2022

Piaget Introduces the Polo Chronograph “Hope”

A horological influencer in the Middle East, Hassan Akhras is behind the magazine Arab Watch Guide and Arab Watch Club (AWC), a community of collectors in the region. Like other regional clubs, the AWC has its share of limited editions made for its members, with the latest being the Piaget Polo Chronograph “Hope” Arab Watch Club Edition. Made to celebrate the seventh anniversary of the club, the edition is Mr Akhras’ first project with Piaget. Initial thoughts Special editions made for the Middle East usually intrigue me because they often have elements specific to the region, including the familiar Hindu-Arabic numerals on the dial. The Polo “Hope” takes a more subtle approach instead of the more overt styling often found on watches for the region. While the dial is eye-catching in its colour, the Hindu-Arabic numerals are found only on the chronograph registers and date wheel.  Aside from the Hindu-Arabic numerals, the palette makes the Polo “Hope” an attractive watch. It’s distinctly different from the variants of the model to date.  And even in its original form, the Polo S Chronograph has appealing dimensions at 42 mm in diameter and 11.2 mm in height. It’s a large, sporty watch but slim enough to slip underneath a cuff. Sadly, this timepiece is exclusive to its membership of the Arab Watch Club, and all 30 pieces have been sold out. First of many While Piaget has done limited editions for specific countries, the brand had not teamed up with a c...

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Grand Seiko Kodo Constant-Force Tourbillon SLGT001 Dec 9, 2022

Auction Watch: The Unique Grand Seiko Kodo Constant-Force Tourbillon SLGT001

On very rare occasions does Grand Seiko create unique versions of its watches. But it has done so with a unique version of the Kodo Constant-Force Tourbillon – the one-off reference SLGT001 – that will go under the hammer at Phillips’ New York auction December 11, with some proceeds from the sale going to a children’s charity. Anyone who read our earlier in-depth, two-part story on the Kodo (part I covers the watch and part II its technical features) will understand the the impressive technical achievement that is its movement. The SLGT001 has all of that, but in a unique execution specifically for the auction. Engraved “Unique Piece No. 1/1” on the back, the SLGT001 is instantly recognisable as a one-off. While the standard version of the model has a monochromatic grey palette, the SLGT001 is set apart by its colour: heat-blued and gilded components against rhodium-plated bridges. Most of the screws are blued steel, while the three-armed tourbillon carriage is blued titanium. And the SLGT001 is also distinguished by its case material. Unlike the standard model that has a case made up of both titanium and platinum, this is entirely in Brilliant Hard Titanium, the brand’s proprietary alloy that boasts a brighter, more silvery hue than most titanium alloys. A portion of the proceeds from the sale of the SLGT001 will go to the Children’s Heart Foundation. Besides benefiting a good cause, the winning bidder will also get a trip to Japan to meet the team behind...

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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 ...

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Dec 7, 2022

Parmigiani Introduces La Rosa Celeste Minute Repeater

For its 25th anniversary last year, Parmigiani debuted La Rose Carrée, a grande sonnerie pocket watch that was entirely hand engraved and enamelled in blue. While it was a one-off creation, the pocket watch has spawned a collection of five minute repeaters, Les Roses Carrées. Each of the five will be unique and the very first is La Rosa Celeste, a minute repeating wristwatch that takes after the pocket watch in both decoration and detail. Initial thoughts As is typical of Parmigiani’s top-of-the-line compilations, La Rosa Celeste is impressive in both its decoration and complication, but it has an unusual modern feel. Although the case is intricately engraved, the clean dial gives it a contemporary feel, so it doesn’t have the old-fashioned ornateness that such watches often possess. With the lavish engraving and generous enamelling, the case makes a statement on the wrist, even more so with its size. At 42 mm in diameter and over 13 mm high, La Rosa Celeste is a big watch, a little too big to be as elegant as its decoration. But the size is no doubt also meant to give it presence, which it will surely have. La Rosa Celeste is finely crafted and artisanally decorated, which inevitably means it is expensive, or CHF600,000 to be exact. That’s a hefty sum but par for the course for a watch like this. Repeating roses and blue enamel Of all the elements of the watch, the dial is the simplest in terms of style. It’s almost minimalist with small, square hour markers...

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Patek Philippe Ref 5935A World Time Dec 5, 2022

Up Close: Patek Philippe Ref. 5935A World Time Flyback Chronograph

While much of the buzz around Patek Philippe’s recent launches has been centred on the Nautilus ref. 5811/1G in white gold, the year has been mostly about other than the Nautilus and Aquanaut. Amongst the most notable new launches for 2022 is the World Time Flyback Chronograph ref. 5935A-001. Continuing with Patek Philippe’s development of steel watches beyond its traditional sports models, the ref. 5935A is a striking new take on a model that made its debut in 2016. Previously available only in precious metals (namely white gold or platinum), the ref. 5935A is the first of the model in stainless steel – and one of the brand’s few complicated watches in the metal. And the ref. 5935A is larger in diameter than its predecessor, but its most eye-catching feature is the dial in “rose-gilt opaline” (or “salmon” if you wish). Initial thoughts A World Time in steel is a big deal because the world time is arguably an iconic watch for Patek Philippe. Select vintage examples are amongst the handful of Patek Philippe references that can sell for high-seven or even eight figures. Granted the ref. 5935A adds a chronograph into the mix, but it is still modern take on a signature complication. The ref. 5935A retains the familiar Louis Cottier-type world time display that’s almost synonymous with Patek Philippe, but with contemporary materials and colours. And at 41 mm it is also larger than usual for a Patek Philippe complication, giving it something of a sporty feel...

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Rolex Certified Pre-Owned Having just Dec 2, 2022

Editorial: The Whys and Wherefores of Rolex Certified Pre-Owned

Having just announced the Rolex Certified Pre-Owned programme, the Geneva watchmaking giant has in the headlines everywhere. The programme is certainly a significant development, though it will probably play out in a more nuanced manner than predicted in most media. To recap, Rolex Certified Pre-Owned is open to all and any of the brand’s retailers on a voluntary basis. It allows a retailer to sell pre-owned Rolex watches – that have to be at least three years old – but only after they have gone through an official Rolex service centre. Importantly, retailers will have to source their own pre-owned inventory, pay Rolex for servicing, and are free to set prices on their pre-owned offerings. Such certified pre-owned (CPO) watches will be accompanied by a two-year guarantee as well as a Rolex Certified Pre-Owned guarantee card (in addition to the original guarantee card and accessories if available). The first to embark on the CPO programme is the biggest Rolex retailer in Europe, Bucherer, which already has CPO watches on sale. Other retailers will be able to do the same from spring 2023 should they choose to do so. Crucially, Rolex CPO has nothing to do with the grey market, which is the market for brand-new watches sold via non-authorised channels. It is where brand-new Rolex watches sold at a premium to retail are transacted. On the other hand, Rolex CPO all about pre-owned watches that are at least three years old. And Rolex knows exactly when a watch is three ye...

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Audemars Piguet Introduces Dec 1, 2022

Audemars Piguet Introduces the Code 11.59 Starwheel

After a two-decade hiatus, Audemars Piguet has revived the wandering-hours complication with the Code 11:59 Starwheel. The latest addition to the collection installs the distinctive complication in the Code 11:59, a model initially criticised but now often praised, and combines it with a blue aventurine dial that’s matched with a two-tone, black ceramic and white gold case. Initial thoughts The reintroduction of the Starwheel in the Code 11:59 is an interesting proposition that is well timed. It is interesting because it combines the modern proportions and style of the Code 11.59 case with a once-neglected complication. In that sense, the watch embodies a key familiar direction in contemporary watchmaking: reinterpreting of a vintage classic for today. Even though the formula is familiar, the new Starwheel is different enough that it will no doubt be polarising. The relatively large case diameter of 41 mm compared to the compact 1990s models means the new model will probably not appeal to fans of the original, but it will surely bring a new audience to the complication (and perhaps enlarge the pool of clients for the Code 11.59). And it is well timed because Starwheel watches from the 1990s enjoyed a rise in popularity alongside the broader jump in interest in watches of all sorts during the last two years. So the brand’s revival of the Starwheel reflects its awareness of today’s tastes. It also reveals that AP is paying attention to the comings and goings on th...

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IWC Portofino Perpetual Calendar IWC Nov 30, 2022

Hands On: IWC Portofino Perpetual Calendar

IWC has a suite of instantly recognisable models synonymous with the brand, namely the Pilot’s Watches and of course, the Portugieser. But one collection does get as much recognition as its peers, despite being almost 40 years old. Named after the famous seaside city in Italy, the Portofino was introduced in 1984 (though the inaugural model didn’t yet have the Portofino name at the time) as an oversized pocket watch-style wristwatch, something of a clarion call to persist with mechanical watchmaking after the Quartz Crisis. Now the brand has revived one of the classics from the line with the Portofino Perpetual Calendar. At 40 mm in diameter, it’s the most compact of IWC’s perpetual calendars and is equipped with an in-house movement from the 82000 family. Initial thoughts The perpetual calendar is a sought-after complication for its utility but also its aesthetics, especially when it includes a moon phase, which adds a touch of romanticism to the design. IWC’s latest take on the complication is straightforward, practical, and priced reasonably enough. In fact, it’s essentially a visually-simplified version of the Portugieser Perpetual Calendar 42, which uses the same movement but inside a larger case. While not revolutionary in technical terms, the Portofino Perpetual Calendar is a solid performer with a concise design. It retains all the features that made the 1990s original appealing but adds a few contemporary touches in both design and the in-house base m...

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Omega Seamaster Nov 29, 2022

Kudoke Makes a Hollywood Debut in ‘Last Looks’

Seeing an Omega Seamaster in the latest James Bond is hardly a surprise. Independent watchmakers, however, rarely get the same Hollywood opportunities that deep-pocketed brands like Omega do. But tiny German watchmaker Kudoke managed to make it to the big screen without a well-funded marketing campaign. This story starts with American novelist Howard Michael Gould, who released Last Looks in 2018. A mystery novel centred on a disgraced detective, Last Looks was on its way to the silver screen shortly after publication with Charlie Hunnam and Mel Gibson in starring roles. Dominic Monaghan’s character wearing the Kudoke Real Skeleton A crucial Kudoke skeleton While the filming Last Looks, the producers reached out to the husband-and-wife team behind Kudoke, Ev and Stefan, for a watch to be worn in a movie without providing much details. According to Ev, the email from the producers initially seemed to be a random piece of spam. After all, most watches with prominent placements in films are the result of hefty advertising budgets. But then Kudoke received another email with the same request from another sender. This piqued their interest but left Ev and Stefan wondering why any producer would choose a watch most of the audience would never recognise? Soon enough, the Kudokes were sent excerpts of the script. To their surprise, the watch was not merely an accessory, but it was a central part of the plot, a crucial clue for solving the mystery in fact. The Kudokes natural...

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Nov 29, 2022

Insight: Fine Watchmaking Market Map in 2022

For almost as long as I’ve been interested in watches, I’ve tried to find an objective way to visualise the stratification of the various luxury watch brands. I’m as fascinated by the process of watchmaking as much as the products themselves, and I wanted to find a way to differentiate brands based on the production techniques they employ, yet do so objectively. I believe you can tell a lot about a brand’s values and capabilities by looking at their methods, but it can be difficult to penetrate the smoke and mirrors of luxury watch marketing to see what’s really going on behind the curtain. An objective measure: watchmaker-hours per watch In my review of the Saxonia Thin last year, I used the metric “watches per watchmaker” to illustrate the economics of A. Lange & Söhne. While this is not a perfect metric, it is simple and quantitative, and crucially, it can often be derived from publicly available information. Taking this analysis one step further, I added Swiss, German, and Japanese national statistics for working hours to calculate the maximum possible number of watchmaker-hours per watch for more than 50 luxury watch brands. The start of the map, the Saxonia Thin How to interpret this metric The watchmaker-hours metric is not the number of hours that a watchmaker spends on every watch. Rather, it’s the theoretical maximum number of hours that a brand’s watchmakers could possibly spend with each watch. This workrate can be viewed as a simple proxy fo...

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Patek Philippe Ref 5004J-017 “Michael Ovitz” Nov 26, 2022

Hands-On: Patek Philippe Ref. 5004J-017 “Michael Ovitz”

Going on the block at Christie’s upcoming Hong Kong auction is the Patek Philippe ref. 5004J “Michael Ovitz”. It’s lot 2520 and one of the watches from The Triazza Collection, an impressive accumulation of watches owned by a prominent Hong Kong businessman. The collection is heavy on Patek Philippe. Amongst the other timepieces in the collection is the Patek Philippe tourbillon pocket watch that won first prize at the Geneva Observatory in 1931 (which is also being offered in the same auction) and the Patek Philippe ref. 2499 that once belonged to Eric Clapton (but is not for sale, yet). “MSO” – Michael Steven Ovitz The “MSO” initials on this ref. 5004J instantly reveal it was one of the many, I would two dozen at least, special-order watches that Patek Philippe made for Michael Ovitz starting in 2011. Often described as a “super agent”, Mr Ovitz cofounded Creative Artists Agency (CAA), once the dominant talent agency in Hollywood. After a short-lived spell at Disney, he’s now known for his impressive art collection, some of which is on show in his equally impressive home in California. Though the reason behind Patek Philippe’s accommodation of Mr Ovitz is not publicly known, industry lore has it that the watches were an expression of gratitude by the Sterns after Mr Ovitz assisted them in a significant way. Mr Ovitz has only commented on these watches publicly once, in a 2021 article in Robb Report: “It was the first time Ovitz, who has be...

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Patek Philippe made Nov 24, 2022

Highlights: Chronographs at Phillips’ Hong Kong Auction

Having already covered highlights in two categories – independent watchmaking and interesting complications – in Phillips’ upcoming Hong Kong auction, we now focus on a crowd favourite when it comes to complications, the chronograph. We look at eight chronographs that stand out in The Hong Kong Watch Auction: XV. They range from an esoteric Patek Philippe made for an English football club owned by a Thai duty-free shopping magnate to and a fine specimen of the mythical Omega Speedmaster “MIR-90 90 Days” that spent three months on the Russian space station. Registration for bidding and the catalogue can be found here. The Patek Philippe ref. 5960/1A-011 made in 2016 to commemorate Leicester City becoming Premier League champions for the first time Lot 813: A. Lange & Söhne Datograph, first-generation “Meter” dial Since its introduction in 1999 as Lange’s first chronograph, the Datograph is of the German brand’s most iconic timepieces. Even independent watchmaker Philippe Dufour famously fawns over the movement – he owns an example in rose gold – that is a masterpiece of impeccable craftsmanship and attention to detail. This example is a first-generation model with a 39 mm platinum case and a glossy black dial, arguably the quintessential Datograph. Keen-eyed collectors will notice “METER” on the tachymeter scale, indicating this is one of the earliest examples of the model. The warranty confirms that with a 2001 purchase date. Lange began usin...

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Piaget x Phillips Altiplano Origin Nov 23, 2022

Hands-On: Piaget x Phillips Altiplano Origin China Edition

Descended from Piaget’s ultra-thin dress watches that first emerged six decades ago, the Altiplano is the brand’s quintessential dress watch in the modern day. Minimalist and refined, the Altiplano is pared back, legible, and well-proportioned – not to mention very thin – as expected from a brand that launched its first ultra-thin watch in 1957. The latest addition to the ultra-thin lineup is the 21-piece limited edition that emerged from a collaboration between Piaget and auctioneers Phillips, the Altiplano Origin China Special Limited Edition. It will be available only at Piaget boutiques in China with the exception of the prototype numbered “00/21” that will be sold at Phillips’ upcoming Hong Kong sale on November 28. Initial thoughts Ordinarily found with a conservative and somewhat plain silver dial, the Altiplano gets a major makeover with a lacquered green dial paired with pink gold hands and indices that liven up its usual monochromatic look. It’s clearly a dress watch yet manages to stand out against all the other dress watches. That said, the dial is almost perfect, but not quite – the date window with a white date disc looks out of place. I would have preferred the dial to do away with the date altogether. The case remains the same as the standard model with a wearable and modern size of 40 mm matched with a thinness of just 6.36 mm that’s further enhanced by the slim lugs. Its height, or lack thereof, is thanks to the cal. 1205P, among the...

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Audemars Piguet Nov 23, 2022

Highlights: Independent Watchmaking at Christie’s Hong Kong Auction

Having looked at some of the most fascinating pocket watches and clocks on offer at Christie’s Important Watches auction that happens soon in Hong Kong, we now turn to attention to the genre that many collectors are now pursuing, independent watchmaking. As expected, amongst the offerings going on the block are works from the big names like F.P. Journe, Richard Mille, and H. Moser & Cie. But beyond the usual suspects, the sale also encompasses hidden gems, like the highly complicated tourbillon perpetual calendar by Gerald Genta presented as a Cartier Pasha. The Important Watches auction (lots 2306-2523), including watches from The Triazza Collection, begins at 1 pm on November 27 – the catalogue is available here. It’s followed by the second session (lots 2201-2282) offering watches from The Champion Collection at 7 pm – see the full catalogue here. The fully-engraved Gerald Genta movement inside the Cartier Pasha Lot 2382: Cartier Pasha Tourbillon Perpetual Calendar Considered one of the most successful watch designers of the 20th century – though his most influential designs were for Audemars Piguet and the Patek Philippe rather than his own – Gerald Genta was also responsible for some of the most complicated watches of the 1980s and 1990s when his namesake brand was at its peak. In fact, the Genta brand was so proficient at making highly complex watches that Cartier tapped Gerald Genta as a movement supplier for its top-of-the-line complications in the 19...

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TAG Heuer Introduces Nov 23, 2022

TAG Heuer Introduces the Carrera Chronograph “JPS”

Having just announced a limited edition with a gold case and semiprecious stone dial, TAG Heuer has debuted another all-gold Carrera, the Carrera Chronograph “JPS”. It features an 18k yellow gold case matched with a black-and-gold dial inspired by the 1158 CHN chronograph of the 1970s, a colour combination better known as the “JPS”. That’s is short for John Player Special, a cigarette brand that sponsored the Lotus Formula 1 team in the 1970s. Its brand colours were black and gold, which was also the paintwork for the Lotus race cars. That led to the “JPS” label for the Rolex Daytona in the same colours, though the nickname has since been applied to sports chronographs in the same livery. Initial thoughts The Carrera “JPS” is essentially the same model that’s usually seen in steel, but now given a luxe makeover with a gold case and “JPS” dial. In typical Carrera style it opts for a two-counter look with a “ghost” seconds at six, resulting in a vintage vibe although the case is a very modern and slightly chunky 42 mm in diameter. But the new Carrera really is all about the dial, which is no doubt meant to evoke what is now a million-dollar watch. While the market for vintage Daytonas has plateaued or even declined since its peak four years ago, the Daytona “JPS” has continued to sell for large sums, with a handful crossing the million-dollar mark over the past year. Besides the rarity of the model, the value also reflects the intrinsic appe...

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Patek Philippe Nov 22, 2022

Highlights: Complications at Phillips’ Hong Kong Auction

Having covered highlights from the independent watchmakers at Phillips’ The Hong Kong Watch Auction: XV, we now dive into the complicated timepieces in the sale that takes place on November 28 and 29 – an appropriate theme given that the three most valuable lots according to the estimates are complicated watches from Patek Philippe. In this roundup, we look at nine lots that stand out. Some like the ref. 5207P with the uncommon mahogany guilloche dial are six-figure, headline lots, while others are value propositions that might slip under the radar but worth noting, like the Cartier Privé Tonneau XL Skeleton Dual Time. Registration for bidding and the entire catalogue for sale can be accessed here. The ref. 5207P with a brown guilloche dial and matching obsidian inlays in the case and slide Lot 817: A. Lange & Söhne Lange 1 Time Zone “Buenos Aires” Here, we have the Lange 1 Time Zone that was first introduced in 2005. With the trademark Lange 1 dial layout and oversized date, the Time Zone maintains the recognisable Lange 1 style with its “Golden Proportions” despite being able to do much more than a standard Lange 1. This particular variant came about when Buenos Aires retailer Simonetta Orsini requested a limited edition for Argentina. The cities disc thus has Buenos Aires (“B. AIRES”) to indicate UTC-03:00, instead of Rio de Janeiro as is the norm for the model. But more significant for the Lange enthusiast is the silver dial with blue hands and ma...

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Nov 22, 2022

Cambodian Watchmaking School Debuts an In-House Tourbillon

Presented to the world leaders who were recently in Phnom Penh for the ASEAN Summit, the ASEAN Lotus Tourbillon was created by the Prince Horology Vocational Training Center, the impressively-equipped watchmaking school set up by local conglomerate Prince Holding Group. (I visited the school in 2020 just before it opened its doors – see our report here.) Produced in an initial run of 25 pieces for the summit, it contains a hand-wind movement that is as notable for both its hand finishing and the one-minute tourbillon regulator. Cambodian prime minister Hun Sen was personally involved in the design of the watch – he received the very first example – and posted photos of the watch on his Facebook page a few days before the summit with the comment “Khmer can do it”. Initial thoughts Having been aware of the project and its ambitions since I visited the school two years ago, I was expecting much of the Lotus Tourbillon and I wasn’t disappointed. The quality of the execution is immediately apparent in the hand finishing of the components, particularly for the key components of the tourbillon, namely the cage and bridge. Equally impressive is the fact that it was developed and completed in under two years. Admittedly, the Lotus Tourbillon is plain in terms of the dial and case aesthetics, but the mechanical excellence is obvious. Importantly, the movement is likely to make it into a series of watches that will be sold publicly to raise funds for watchmaking school,...

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Jaeger-LeCoultre Atmos Hermès Introduced Nov 20, 2022

Auction Watch: Pocket Watches and Clocks at Christie’s Hong Kong

Christie’s upcoming Important Watches auction in Hong Kong is a double-session event on November 27 that will be headlined by the first installment of The Triazza Collection, a remarkable accumulation of watches owned by a prominent Hong Kong businessman that includes the Patek Philippe ref. 2499 in platinum (which is not going under the hammer for now). Amongst the important timepieces in the collection that are going on the block this season are several pocket watches, including two masterpieces from Patek Philippe, one an observatory tourbillon from 1924 and the other a ref. 605 HU world time with a cloisonné dial. The ref. 605 HU world time pocket watch Beyond the Triazza offerings, the rest of the 218-lot catalogue also includes other significant interesting pocket watches, including several possibly unique by Patek Philippe with affordable estimates, including one relief engraved with a 16th century sailing ship. Below we take a look at a some of the notable pocket watches (and one clock) in the auction. The Important Watches auction (lots 2306-2523), including watches from The Triazza Collection, begins at 1 pm on November 27 – the catalogue is available here. It’s followed by the second session (lots 2201-2282) offering watches from The Champion Collection at 7 pm – see the full catalogue here. Lot 2387 – Jaeger-LeCoultre Atmos Hermès Introduced in 2013, the Atmos Hermès was a collaboration between Jaeger-LeCoultre and the Parisian leather goods ho...

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