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  • Richard Mille - The many friends of Richard Mille

    When we arrive at the Polo Club Saint-Tropez, Pablo Mac Donough, casually clad in jeans and sneakers, greets us with Spanish-infused English. He confirms that there is nothing surprising about that, but also that things could just as well have gone the other way: until his grandfather's time, and as his name betrays, the Mac Donoughs were a completely Irish family whose members "only inter-married amongst themselves". For the past two generations, however, Argentinian blood has been mingled with these purebred Irish. And in Pablo, the family now has a new champion in the polo world.

    King of the media and close friends
    Richard Mille's ambassador strategy may be slightly bewildering, given a proven ability to establish a presence at the very top of disciplines that attract intense media coverage: sailing, golf, tennis, cars. It also however encompasses a number of lesser-known talents.
    Thus, in total contrast to ultra-publicised Rafael Nadal and his b development in the design of his "RMs", Pablo Mac Donough is completely unknown to the public and admits he "did not in any way take part in the development" of his RM 05. He even adds with a smile: "I am a polo player, not a watchmaker". At the opposite end of the spectrum to the slightly controversial role played by Natalie Portman, the least involved of the brand friends, one might well mention Michelle Yeoh, the wife of Jean Todt, who is also a company ambassador! Clearly an example of shared family tastes. Personal preferences thus remain the predominant factor in these choices, although the business side of things is clearly significant: Richard Mille invests 2.5 % of its turnover in its ambassadors, meaning around 4.5 million euros.

    A family affair
    Richard Mille remains bly driven by the automobile world, to which the brand is primarily committed, through associations with Sebastien Loeb, Jean Todt, the Princesses Prestige Rally, Le Mans, Lotus F1, Felipe Massa and Romain Grosjean to name but a few. This passion for mechanics is not so much fuelled by the brand as by the man, Richard Mille himself, who is car crazy. The company's ambassador model therefore relies on his personal friendships. Nevertheless, even as the brand has developed, Richard Mille has retained these essentially friendly ties with ambassadors.

    Since 2012, Pablo Mac Donough has also embodied this esprit de corps. "Richard and I met through a mutual friend who is also a very good Argentinian player" explains the champion. If that was the case, why did the relationship not develop with this friend rather than with Mac Donough?"."Because I am professional and he is amateur. For Richard, that was what made the difference."
    And for the Argentinian rider as well it would appear - because in his day, he was also widely sought-after, notably by Rolex with whom he still enjoys an excellent relationship, thanks to his wife who was an employee. One might well also imagine him being approached Jaeger-LeCoultre whose Reverso has embodied the polo spirit for 85 years. Fate however smiled on Richard Mille and the idea proved immediately worthwhile in that Mac Donough's season encompasses quarter-years divided between Dubai, England and Argentina - thus ensuring multiple representations at close quarters on these markets targeted by the brand.

    Mutual trust
    At the end of the day, discretion is a quality that Richard Mille shares with polo. "I am not as well- known as Rafael Nadal and polo is not as popular as tennis, but Richard Mille is also relatively less known than some brands. We understand each other. I like not being just a number in a big commercial machine" says Pablo Mac Donough.
    Under the rays of the setting sun over the Polo Club Saint-Tropez, one could almost forget to talk about his RM 053 Tourbillon. "Oh, there's not much to say," says Pablo Mac Donough. "In the very beginning, three years ago, I lost a watch hand. Richard's team put it back. Since then nothing has ever gone wrong and I wear it every day." That has to be the best possible 'customer testimonial… from a friend.

  • Watch auctions - Phillips appoints Paul Maudsley

    Renowned watch expert Paul Maudsley has joined Phillips as International Specialist, Director of the London Watches Department. He is credited with transforming the UK watch market and has handled over 20,000 watches in his 16-year career, which equates to one and a half watches every working hour of every working day over that period.

    Maudsley has been collecting watches from the age of 13 and has thus developed a love and broad knowledge of horology. Organising watch auctions on three continents, Paul has been responsible for sourcing some of the finest quality timepieces in the world. He has a well-known passion for Rolex sports watches and has a great knowledge of the many different models and variations produced, setting numerous records for such pieces at auction.

    Aurel Bacs, senior consultant says: "We warmly welcome Paul Maudsley to the team and look forward to working with him on the lead up to our sales this fall on 7 and 8 November in Geneva and our inaugural watch auction in Hong Kong taking place on 1 December. Our existing team of passionate specialists has already demonstrated their strength with the outstanding results from the May auctions in Geneva and will further benefit from Paul's knowledge and expertise."

    Paul joins Phillips international team of Watch Specialists including Kate Lacey, Specialist based in London, Paul Boutros, International Strategy Advisor in New York and Jill Chen, Business Development Director, based in Phillips' Hong Kong office which opens in August.

  • Newsletter - The Swiss Made watchdog

    Our Venezuelan contributor Rafael Fernandez was astonished at the efficiency of the Swiss customs when he arrived at Zurich airport to cover Baselworld. He and his wife were politely screened at the airport and asked whether they were carrying any watches. Like any self-respecting watch journalist, Rafael had brought with him a small collection to last him through the show, which he offered for inspection. He was impressed when the customs official could instantly tell from the serial number of his Rolex that it had indeed been shipped originally to his home country of Venezuela.

    Last week I discovered that this highly knowledgeable "customs inspector" was in fact one of the Swiss Watchmaking Industry Federation's team of roving experts, who were stationed at the cargo and passenger terminals at Basel and Zurich airports and prowling the halls of Baselworld during the show, looking for violations of the Swiss Made label, misleading customs declarations and breaches of trademark law. With the kind permission of the Federation Horlogere we have just reproduced the detailed report on this highly coordinated surveillance operation.

    We also delve behind the scenes of another story this week, as Olivier Muller reveals the secret history of Carl F. Bucherer's Patravi TravelTec model, which ultimately led to the brand becoming a genuine manufacture. The leading figures of the industry continue to share their thoughts with WorldTempus. After today's profile of Longines CEO Walter von Känel, Bulgari's Guido Terreni and Romain Gauthier take the floor later on this week.

  • Collectors' watches - Phillips creates a Watch Department

    The Phillips Watch Department, based in Geneva, will partner with the firm of Aurel Bacs and Livia Russo. Bacs & Russo, specialising in Fine Collectors Watches, has been established in response to the ever-increasing need for collectors around the world to easily access scholarship, guidance and quality across the board.

    The department brings together many prominent figures from the watch industry, including Nathalie Monbaron in Geneva, who will be supported by Virginie Liatard. Paul Boutros has been appointed as strategy consultant and will be Phillips' main representative in New York office.


    Phillips will roll out its international Watch auction calendar with two inaugural evening sales taking place in Geneva in May 2015. The first will be a high profile various owners evening sale dedicated to the finest collectors' pieces, spanning two centuries of watchmaking of unique quality, rarity and condition. The accompanying sale will be dedicated to one of the world's most famous wristwatches: the Rolex Day-Date. Phillips will partner with Pucci Papaleo, one of the most eminent scholars in the world of Rolex collector's watches. The inaugural watch auctions will take place in Geneva on Saturday, 9 May at 7PM and Sunday, 10 May at 7PM.

    In the following seasons, the department plans to expand its sales calendar around the world, organising sales in flagship premises in London, New York and soon in Hong Kong.

    Integral to the department will be a brokerage, based in Geneva, specialising in the highest level of private sales, assisting collectors around the globe outside of the auction season.

    Under the guidance of Aurel Bacs, the Phillips Watch Department aims to lead the market thanks to its team of specialists' second-to-none outreach within the collecting community and its uncompromising approach to quality.

    On behalf of Bacs & Russo, Aurel Bacs says: "We are immensely excited to be asked to partner with Phillips as their consultants and to work with a department built from scratch. It is a privilege and a dream come true to realize a concept that Livia and I believe should be the answer to today's ever increasing market, composed of savvy and passionate collectors. It is a pleasure to be united with many distinguished specialists from the industry that Phillips has brought together for this new department."

    Edward Dolman, Chairman and CEO of Phillips says: "I am delighted to be working once again with Aurel Bacs who has established himself as the market leading expert in this field over the last decade".

  • Eterna - The essential KonTiki Date

    Having a passion for a job is wonderful but it can make us lose touch with… reality. Exactly: we in the watch media are spoiled by constantly reporting on extraordinary creations and stratospheric masterpieces that can be worth the same as a penthouse in a major European city or a luxury yacht; sometimes we get to test many of them, but we can seldom afford most of those dream watches. In my case, I'm frequently pulled back to Earth by friends wanting me to write about "regular watches for ordinary people" or asking me for advice regarding the purchase of a good mechanical timepiece with a price tag between 1,000 and 2,000 euros - and even though there are several brands capable of providing a nice product in that range, there aren't many affordable ones exuding icon status and capable of capturing your imagination. I would say the Eterna KonTiki Automatic Date is one of them.

    I must confess to being emotionally attached to Eterna's KonTiki line since I acknowledged it existed, because in my youth I read Thor Heyerdahl's book on his 1947 saga across the Pacific on a primitive balsa raft (christened KonTiki, 'God of Sun') just to prove an anthropological point of view. During that journey, the Norwegian ethnographer and his five-man crew chose to wear Eterna watches on their wrists, specifically commissioned to endure the sternest tests. In 1958, Eterna adopted the KonTiki name for its most rugged line of timepieces as a homage to the 101-day oceanic odyssey; since then, there have been many Eterna models (and many cocktail bars around the world!) bearing the KonTiki label - including some more attractive than others, a few remarkable ones and a couple of forgettable versions. The Eterna KonTiki Automatic Date, first launched in 2008, is definitely one that stands out for both its price point (around 1,600 Euro on a steel bracelet) and its looks, which are reminiscent of the 1958 original.

    Compared to the first KonTiki, the KonTiki Automatic Date is naturally bigger - with a 42-millimeter case that sits rather well even on midsize wrists. It emulates many elements of style of the 1950s and can be compared to another timepiece that I consider to be the essential Rolex: the Explorer, whose origins are contemporary to the Eterna KonTiki and tied to another famous explorer. Legend says Sir Edmund Hillary and sherpa Tenzing Norgay were the first men on top of Everest in 1953 and specifically prepared Rolexes were part of the expedition, inspiring the 1957 model christened Explorer that was last updated in 2010 with a 39mm version (ref. 214270). It also features a black dial that gives prominence to a luminous triangle (at 12 0'clock), whereas the typical Eterna KonTiki boasts four (at 12, 3, 6 and 9 o'clock).

    I bring the Rolex Explorer into comparison not only because of certain similarities in style and origin, but also because of the price. Not to mention the famous quotes associated with their famous owners: it is said that Sir Edmund Hillary, when questioned why he escalated the Everest, answered "because it is there", whereas Thor Heyerdahl once stated "Borders I have never seen one. But I have heard they exist in the minds of some people". And also because I happen to know the Explorer and the KonTiki Date quite well, having taken both to an iPhonographic photo session at the picturesque Cresmina Beach near Cascais, in the outskirts of Lisbon. Of course, the Explorer exudes Rolex's overall quality and the remarkable in-house automatic caliber 3132 - but, at round 5,500 Euro, it costs over three times more than the Eterna KonTiki Date. Granted, 1,600 euros can still be a big sum for a lot of people in a crisis-ridden Europe, but it sounds about right for a quality product from an historic Swiss brand - a start-up watch for those moving on to mechanical watches, a 'beater' for aficionados who have more expensive timepieces but wish to have a sturdier one to knock around.

    I love the steel case of the KonTiki Date and how it combines with the metal bracelet. The size is perfect, whereas I would like the Explorer to be a tad bigger (a mere 1mm would do!). The finishing is quite fine, with polished touches contrasting with the dominant brushed surface. The dial center bears an engraved outline of Raroia (the Polynesian atoll where the KonTiki arrived after the epic 4,300 nautical-mile journey), surrounded by the emblematic luminous triangles under the four numbered hours and strips of luminous compound. Like in every KonTiki timepiece, the case back is identified by an engraved medallion of the iconic raft. The movement is an automatic Sellita SW200, inspired by an ETA caliber (and Eterna had historic ties to ETA in the past, having perfected the ball bearing system for the rotors in 1948).

    Right now, the regular KonTiki collection includes the 42mm KonTiki Date available in several dial colors and also on rubber and leather straps besides the metal bracelet; the 40mm KonTiki Four-Hands, with an analogical flange calendar framing a centerpiece inscribed with ancient runic characters; the 44mm KonTiki Four-Hands XXL that also carries a pointer-type date display; the 42mm Chronograph, an exercise in style on how to use the emblematic triangular areas on the dial in spite of the counters; and the fabulous Heritage Super KonTiki 1973, a faithful reedition of a Seventies model adopted by the Israeli secret services.

    But stay tuned! In a couple of days, Eterna will introduce new KonTiki versions at Baselworld, further affirming its ties with one of the most significant anthropological expeditions of modern times. The Grenchen-based brand will also confirm the launch of the Royal Kon-Tiki Two Time Zones, unveiled last year and equipped with the first of 88 possible variants of the new in-house Caliber 39. Thor Heyerdahl's legacy continues to inspire Eterna. And myself.

  • Richard Mille - The Jack Nicholson of horology

    Richard Mille calls his watches "a racing machine on the wrist". A tagline undoubtedly inspired not only by his personal interest in fast cars (Mille often races his own 1970 Lola), but also by his interest in exotic materials generally used in contexts such as the F1 industry. Your correspondent would now like to offer an extension to that tagline: "A racing machine on the wrist that makes otherwise reasonable people stop and gawk, want to make friends with you or upgrade your hotel room".

    Borrowed feathers
    I left the SIHH 2014 with an impressive titanium RM11-01 Roberto Mancini on my wrist, along with a pair of "mechanical" cufflinks, also in titanium. They were obviously not mine to keep, as I do not have Euro 114,500 in my timepiece account, nor the Euro 12,500 needed for the cufflinks (in fact I don't have a cufflinks account at all). Instead I wore the RM11-01 as borrowed feathers - but what borrowed feathers they turned out to be!

    Once I got back home I started Instagram'ing this impressive watch and my Facebook account also featured many daily shots of the watch "in action". The response from social media circles was overwhelming. Strangers PM'd me asking if they could pop by my office just to see the watch, and I have a b suspicion that people showed up to my lectures just to get up-close-and-personal with the Richard Mille on my wrist.

    The RM11-01 is a thing to behold. The distinct curvex and industrial looking case has been a trademark design of Richard Mille since the first model, RM001, was introduced in 2001. This particular model on my wrist, the Felipe Massa RM11, has been a success ever since it was originally launched in 2007 and can rightfully be considered the most popular of the contemporary range.

    Do not however expect any extra attention if wearing the RM11-01 when horseback riding in outer Mongolia, or spelunking in Bulgaria. Richard Mille is not a carpet bomber; his distribution is very focused on key urban markets.

    This of course is quite understandable as Richard Mille only produces 3,000 watches a year, and with an entry level of euro 43,000 (for the titanium RM07) to 1.4 million (for the elusive RM05601 with a sapphire case), it is a watch brand for the 1%. Unless of course you live in Dubai, where a Richard Mille is the horological equivalent of the soup of the day on the wrist of the Arab businessmen in their crisp, white disdasha. In these parts of the world a steel Rolex DateJust gets as much attention as last year's second runner-up of Dubai Has Talent. The glitterati of the Emirates get a diamond-crusted Rolex as their first timepiece, and have probably collected a complete set of Patek Philippe Nautilus models by the time their voice breaks.

    The Nicholson of horology
    A Richard Mille watch is for the guys (and gals) who have been around and who have tried and collected most high-end watch brands already. Their collections are already full of tourbillons, minute repeaters, probably including quite a few made by independent watchmakers, such as Christophe Claret, F. P. Journe and Kari Voutilainen.

    Richard Mille may belong to the same crowd of young and indie watch brands, but he stands out. I see him as the Jack Nicholson of contemporary horology due to his laid-back personality and irresistible joie de vivre. His watches more powerfully represent sex, rock n' roll, fast cars and an exuberant lifestyle than anybody else.

    Funnily enough the functions of Richard Mille watches are actually met with less interest than those of the competitors in the same price range, even though several of them offer fascinating functions such as a declutchable rotor, torque indicator and G-Force sensor, as well as a E6-B flight computer.

    Nobody actually asked me about the functions of the RM11-01. A few asked about the choice of colors and nodded knowingly when I told them the model was named after a famous (former) Manchester City manager who is now managing Turkish Super Lig club Galatasaray. I got the distinct impression the watch could have been right only twice a day, and nobody would have noticed: it's the name on the dial and the lifestyle buzz that gets the pulse up.

    But let´s sober up for a moment, ignore the sex appeal, and look at what this watch actually does.

    The specs of the RM11-01
    The automatic caliber RMAC1 inside the titanium case of the RM11-1 Roberto Mancini offers the standard functions of this model, such as flyback chronograph and annual calendar. Additionally, and in order to meet Mancini's demands, this model also offers a dial design that makes it possible to display football match time based on a two times 45-minute match while taking account of the 15-minute stoppage time.

    During each half, a single press on the push-piece at "4" activates the flyback function, zero-setting the chronograph seconds hand which is thus ready to start timing the second half of the match. If extra time is awarded, the watch displays an additional 15 minutes and up to 5 minutes of stoppage time.

    Functions and football reference aside, the RM11-01 procured me a somewhat unexpected pleasure while wearing it. I had strangers compliment my watch, floor managers expecting me to throw down a black Amex card to buy half the stock and hotel staff giving me extra attention when I was checking in (not when checking out as I turned out to not splash money everywhere I went). In conclusion, owning a watch from Richard Mille collection is what it feels like to park a slick luxury car outside a crowded cafe and step into it with a leggy blonde holding your hand: all eyes on you. And that thing on your arm.

  • SOTHEBY'S - Saturday Watch Fever in Geneva

    On 11 May 2013, Sotheby's Geneva first Saturday auction of Important Watches will present worldwide collectors with a rich selection of over 400 horological creations. Covering two centuries of watch history, the sale has been curated to include some of the finest timepieces from the 19th century through the present day. The impressive group of vintage and modern wristwatches is led by renowned manufacturers, such as Rolex and Patek Philippe, as well as timeless legendary models, such as the IWC Ingenieur and Audemars Piguet's Royal Oak, which have been constantly reinvented over the past several decades.
     


    Highlights of the sale include a very fine example of the reference 5029 by Patek Philippe from 1997 (est. CHF 350,000-450,000/ $371,000-477,000), the No.10 Royal Oak Chronograph Leo Messi sold to benefit the Leo Messi Foundation, as well as an entire section dedicated to rare vintage examples and limited editions of the Ingenieur watch, tracing almost 50 years of its history. The group of vintage wristwatches is also highlighted by illustrious provenance, with two Patek Philippe timepieces that belonged to Georges Simenon (1903-1989) - the masterly Belgian novelist whose Inspector Maigret Mysteries made him one of the most widely published authors of the 20th century. The total sale is expected to achieve in excess of CHF 6.5 million. 

  • Christie's - Important Watches

    On 13 May 2013, Christie's Geneva will present its Spring auction of Important Watches. The sale is expected to achieve in excess of US$15 million.

    Christie's is particularly proud to announce the highlight of the sale: a newly rediscovered, historically important and probably unique, white gold, perpetual calendar wristwatch with moon phases and leap-year, ref. 3448, manufactured by Patek Philippe in 1981, which carries a pre-sale estimate of SFr.800,000-1,400,000 (US$850,000-1,500,000/ €670,000-1,200,000).

    The rich and varied catalogue will also include the most valuable and historically important selection of vintage Rolex wristwatches ever to be offered in a Christie's auction, highlighted by an extraordinarily rare, oversized stainless steel split seconds chronograph wristwatch, ref. 4113, manufactured in 1942 (estimate: SFr.700,000-1,200,000 / US$740,000-1,300,000/ €590,000-1,000,000). Christie's is international market leader in the field of vintage Rolex wristwatches.

    Aurel Bacs, International Director of Christie's Watch Department: „The upcoming Geneva sale is a treat for scholars, historians and collectors, but most importantly for all those with a passion for the highest quality collector's watches. I can hardly remember an auction featuring over 100 Patek Philippe watches and, simultaneously, also offering over 100 of the world's finest and rarest Rolex timepieces. These two celebrated Geneva names are the most recognized in the field of wristwatch collecting and for the market this auction promises to be the main event in Europe this coming season. Our team of specialists has applied unforgivingly rigid standards when hand-selecting the finest watches from the world's most important private collections. We are also very proud to offer numerous significant watches, never before shown or offered publicly, directly from the original owner's families. With estimates ranging from SFr.1,000 to over SFr.1,000,000, the only common denominator of all the 360 watches is their uncompromised quality.


    Patek Philippe : A Rediscovery
    Christie's is proud to announce the exciting discovery of a historically important and probably unique, white gold perpetual calendar wristwatch with moon phases and leap-year, ref. 3448, manufactured by Patek Philippe in 1981 (estimate: SFr.800,000-1,400,000 / US$850,000-1,500,000/ €670,000-1,200,000). This extraordinary example is most likely the first ever wristwatch by Patek Philippe featuring a leap year indication, besides prototypes. Perpetual calendar wristwatches manufactured by the maker did not include such an indication until 1982, with the introduction of reference 3450. Therefore, the present watch, indicating 1, 2, 3 and a red dot (for the leap year) during the 4 year cycle, constitutes a spectacular discovery to the world of watch collectors and scholars alike. Presented in mint condition, it also benefits from an ultra-rare white gold case enhancing the beauty of the celebrated "padellone" design. Coming from the property of the family of its original owner and previously unknown to the public, this watch has never been offered on the market before. Amongst the highlights on offer is another Patek Philippe gem: an important and extremely rare platinum dress watch with perpetual calendar and moon phases, ref. 725/2, movement no. 930710, manufactured in 1947. (estimate: SFr.250,000-350,000 / US$270,000-370,000/ €210,000-290,000). Considered to be one of the world's most beautiful complicated pocket watches of post-war production, this example is offered in virtually mint, unworn and unpolished condition.


    A Gentleman's Pursuit for Excellence part II
    A superb private collection of complicated Patek Philippe wristwatches and pocket watches

    Following the success of Part I of A Gentleman's Pursuit For Excellence, which was offered at Christie's Geneva in November 2012, we are delighted to announce the sale of the second part of this superb private collection of complicated Patek Philippe wristwatches and pocket watches. Equally sophisticated, Part II displays a great selection of some of the most beautiful and rare wristwatches ever manufactured by Patek Philippe. One of the most precious pieces from this section of the sale is a very rare gold perpetual calendar chronograph wristwatch with moon phases, ref. 2499/100, manufactured in 1981 by Patek Philippe (estimate: SFr.250,000-350,000 / US$ 270,000-370,000 / €210,000-290,000). Widely considered by collectors as the last, true vintage complicated wristwatch ever created by Patek Philippe, the production of reference 2499 started in the early 1950s.
    Further highlighting Part II is a probably unique gold open face two-train trip minute repeating pocket watch by Patek Philippe, ref. 841, its movement manufactured in 1909 and encased in 1963 (estimate: SFr.100,000-150,000 / US$110,000-160,000/ €85,000-120,000). This watch features the rare and desirable tandem wound two-train movement, one for the going and one for the repeating work.
    Traditionally, the repeating mechanism of a watch is activated by pushing a slide in the case band, thus winding and releasing it at the same time. The train of a trip repeater is wound in conjunction with the going train and released at will through a button in the crown. The advantages of this system are the clean lines of the case, the enhanced dust resistance and most importantly, permitting the owner the activation of the repeat train many times at will from only one winding.

    The most important selection of Rolex vintage wristwatches ever offered in a Christie's auction
    An extraordinarily rare, oversized stainless steel split seconds chronograph wristwatch, ref. 4113, manufactured in 1942 (estimate: SFr.700,000-1,200,000; US$ 740,000-1,300,000/ € 590,000-1,000,000), is the highlight of the richest selection of Rolex vintage watches ever offered in a Christie's auction, including some 115 Rolex timepieces overall. Being the firm's one and only ever produced split seconds chronograph wristwatch model, reference 4113 is considered the rarest and most exclusive Rolex ever created. Impressing with its unique case shape and size, it has a substantial diameter of 44 mm which surpasses all other Rolex chronographs by at least half a centimeter in size. Furthermore, its case design is unique in the family of Rolex chronographs with a bezel as thin as technically possible, allowing a dial size nearly as big as the entire case, resulting in an impressive level of legibility. The history of reference 4113 has always been the subject of speculation and legends, although all of these speculations have led to the world of car racing. The vast majority of reference 4113, which have returned to the market during the last thirty years was linked to Sicily, home of the famous "Giro Automobilistico di Sicilia", with its 11,000 bands, at the time the longest closed circuit race in Europe.
    The roll call of impressive vintage Rolex wristwatches continues with an extremely fine and probably unique gold chronograph Daytona wristwatch, Paul Newman model, ref. 6241, manufactured in 1968 and retailed by Hermes (estimate: SFr.200,000-300,000 / US$ 220,000-420,000/ €170,000-330,000). The rarity of this lot is marked by the stamp of the Hermes brand on the back of the watch, to date the only Rolex Daytona known to exist retailed by Hermes Paris: a pairing of the world's most mythical names. This fact is confirmed by the Hermes archives and the watch is prominently published in key literature.
    Further highlights include one of the historically most important watches ever made by Rolex, the Zerographe reference 3346. Considered a crossover between a Rolex bubble back watch and Rolex chronograph, Zerographe reference 3462 marks a turning point in Rolex history. Probably never made beyond a small number of prototypes, this reference is the foundation of Rolex's future developments. Notably, it launched the success story of Oyster chronographs, culminating with the Daytona, but also sports watches with revolving bezels, later to become the world-famous Turnograph and Submariner families. Zerographe reference 3346 was the first Oyster chronograph model produced by Rolex and furthermore the first to be powered by an in-house movement. What made the movement so special was the addition of a return-to-zero or fly-back mechanism. The present Zerographe is preserved in award-winning condition and fascinates by virtue of its sharp outlines, the very crisp milling on the bezel rim and back, the perfectly sharp writing on the back and the well-preserved markings on the bezel. (estimate: SFr.250,000-350,000 /US$ 270,000-370,000/ €210,000-290,000).

     
    The Palladio collection part I
    Complementing the sale, Christie's is pleased to offer Part I of a Private Collection of stainless steel Rolex Chronographs, composed of 10 timepieces dating from the late 1920s to the 1960s. The top lot of the collection is a rare stainless steel triple calendar chronograph wristwatch with luminous numerals and hands, ref. 4767, manufactured circa 1948 by Rolex (estimate: SFr.120,000-180,000 / US$130,000/190,000 / €100,000-150,000). The present watch is an outstanding example of this reference, the first Oyster-series triple calendar chronograph model ever presented by Geneva's "crowned" watch manufacturer. Known to have been made in an exceedingly limited series, original and unspoilt examples of this landmark model are extremely rare. In fact, the present reference 4767 is distinguished by its beautiful original dial, and enhanced by the rarity of the luminous numerals and hands.


    Contemporary timepieces
    Christie's will also offer a very b selection of limited contemporary collector's watches from the most important manufacturers. This section of the sale is highlighted by an extremely rare stainless steel wristwatch with oversized date and power reserve Lange 1, which is one of only three examples of this model known in stainless steel by A. Lange & Söhne (estimate: SFr.50,000-100,000 / US$53,000-110,000/ €42,000-83,000). Introduced in 1994, Lange 1 is the first Lange watch of the new era and represents a culmination of what connoisseurs of fine watches associate with the legendary "A. Lange & Söhne" heritage. The present stainless steel version is especially appreciated by watch purists as the simplicity of the case material enhances the beauty of the movement. The stainless steel version of this model was never available to the public.


    Sold for the benefit of Children Action
    Christie's is honored to have been chosen to auction a superb selection of ten contemporary Patek Philippe wristwatches. An anonymous gentleman collector has consigned these watches from his personal collection and will donate the proceeds to benefit Children Action, a Swiss Foundation aiming to bring help to children in need, regardless of their nationality, race, or religion. All the timepieces from this collection will be offered without reserve, with the global estimate ranging from SFr.450,000 to SFr.700,000. The highlight from this section of the sale is a fine, white gold perpetual calendar chronograph wristwatch with moon phases, leap year and day and night indication, ref. 5270, manufactured by Patek Philippe circa 2011 (estimate: SFr.100,000-150,000 / US$110,000-160,000/ €85,000-120,000). Considered as the "top of the line" of Patek Philippe production, reference 5270 can only be obtained after considerable delay due to a long waiting list. As a "perpetual calendar chronograph", this is the legitimate successor of Patek Philippe's famous family including reference 1518, 2449, 3970 and 5970.

    View Christie's May 2013 Important Watches auction's eCatalogue


     

  • Richard Mille - A Family of Champions

    Some will say that if you rub greatness, there's a good chance it becomes contagious. Richard Mille doesn't really need that kind of help from the champions he endorses - he's got the Midas touch himself. And a highly touted collection of watches to prove it, many of them named for one of the most impressive group of sports personalities ever to be associated with a watch brand not named Rolex. Rolex has never quite had timepieces this highly complicated or with tailor-made features suited to the specific sporting activities of its ambassadors. Richard Mille does, through, for its very interesting and creative partnerships. And several of the new watches unveiled at the SIHH 2013 underscore this yet again.

    On top of it, Richard Mille's gang has an unprecedented eclectic flavor. Why such an obsession for champions? "I've always considered a bit sad that high watchmaking was some sort of a ghetto and that it should be more open to sports, to lifestyle, to the arts. And I'm interested in working with champions because I'm not afraid to put my watches in danger. Usually, the traditional contact between watchmaking and sports is through photography; with me, it's different: all the champions I work with wear their timepieces in their respective fields and we're forced to have an extraordinary level of resistance and quality in our watches. Every champion's timepiece is an extreme watch for extreme conditions." There's a new one being developed right now for Sebastien Loeb, the exceptional French driver with a record nine World Championship Rally titles under his belt. Loeb has been associated with small and affordable brand Marvin over the past few years.

    b watches, not Armb

    Is there a specific star Richard Mille would like to have under his umbrella? "I'm sure there are a lot of champions I'd like to work with. Basketball players, for instance, but they're not allowed to wear a timepiece in official play. With rugby players it's the same. Unfortunately!" Richard Mille can't even name one favorite champion out of his own group: "I'm not being politically correct when I say that I love them all. I really do. Plus, I have a great relationship with each one of them. For instance, I've got a great friendship with Roberto Mancini, who's been here at the fair. The same with Rafael Nadal, Felipe Massa…each one of them. What is important to me is that they have great personalities. They are humble, really professional, true gentlemen. And I love to work with them for as much time as possible. Take my friend Massa, who's had his highs and lows and now is coming back. And such is life."

    Is it a dream team? "I'd say it is, because it isn't just the performance that interests me, it's also the personality. For instance, with Roberto Mancini we developed a watch related to football. And that's what I really like: to develop a new product with them. I love working with intelligent, subtle, interesting people. It's not just the performance - and that's why I'd say mine actually really is a dream team, because they form a group of such great personalities." There's one suggested star that won't make the Richard Mille family, though: the worlds' best-known cyclist, Lance Armb. "I don't think so, no. Ha ha."

    More "technorological" creations

    Richard Mille has created one or more exclusive series of timepieces for golfer Bubba Watson, polo player Pablo MacDonough, tennis champion Rafael Nadal, Formula 1 driver Felipe Massa and track & field sprinter Yohan Blake. At the SIHH, five of the seven new timepieces introduced were related to sports personalities, including two associated with FIA supremo Jean Todt. A sixth one, bearing the Sebastien Loeb signature, is on its way. Here are the new products.

    Automatic Flyback Chronograph RM 11-01 Roberto Mancini

    Roberto Mancini, formerly a champion on the pitch and now champion of the Premier League as the Manchester City manager, helped create the original RM 11-01, an automatic flyback chronograph with annual calendar, central minute counter and a dial divided into periods of play conceived to assist a coach not only during matches but also during extra time. The dial displays match time on the basis of two 45-minute halves and up to 15 minutes of stoppage time. Pressing the pusher at 4 o'clock once actuates the flyback function and repositions the hand at 12 o'clock, ready to start the second half. If extra time is awarded, the flyback function can be reactivated to show the 15 minutes of extra match time and up to 5 minutes of stoppage time.

    Tourbillon RM 27-01 Rafael Nadal watch

    It weighs one gram less (!!!) than the previous ultra-light, 20-gram RM 027 that Rafael Nadal started using in his greatest season (2010). The third timepiece resulting from the partnership between Richard Mille and the Spanish tennis champion will be used by Rafa himself when he comes back to the ATP World Tour next February after an eight month absence. It boasts a tourbillon capable of sustaining Nadal's incredible arm accelerations (more than 5,000Gs) during the course of a tennis match and the architecture of the movement, suspended in the heart of the case, is a marvel in itself. The RM 27-01 is available in carbon nanotubes and on a Velcro strap in a limited run of 50 timepieces. The other Rafael Nadal timepiece by Richard Mille is the Chronofiable-certified RM 035.

    Tourbillon RM 59-01 Yohan Blake

    The multiple medalist and Jamaican sprinter has been wearing a tourbillon prototype on his wrist, which provides a real-life testing ground enabling Richard Mille's engineers to define the specifications of a watch specifically designed for athletics. Yohan Blake worked with Richard Mille to develop a special caliber designed for sprinters the world over and the mission was accomplished with the funky RM 59-01 tourbillon watch, featuring dynamic bridges that span the movement and evoke the claws of the "The Beast" (Yohan Blake's nickname). Machined from anticorodal aluminum Pb109 and anodized (through anodic oxidation), it is hand-painted in green and yellow, two colors that also appear on the aluminum flange in tribute to the Jamaican flag. Limited to 50 timepieces.

    Tourbillon RM 58-01 World Timer Jean Todt Limited Edition

    It wasn't until the 20th century that the time zones we have come to know were implemented uniformly and adopted unanimously around the globe. Jean Todt, President of FIA, is a man constantly moving through time zones. The RM 58-01 Tourbillon is a user-friendly timepiece dedicated to constant travelers. The tourbillon, positioned at 9 o'clock and oscillating at a frequency of 3Hz, is accommodated in a four-part case made from titanium and red gold. The shot-blasted, satin-brushed and polished rotating bezel bears the names of 24 world cities on its brown upper flange. In contrast to other time zone watches, the RM 58-01 does not need any adjusting push-piece to change from one time zone to another. The time is set by simply rotating the bezel anticlockwise. Profits from the sale of this 35-piece limited edition will be transferred to initiatives close to Todt's heart: the Global Campaign for Road Safety and the ICM Brain & Spine Institute.

    Tourbillon G-Sensor RM 036 Jean Todt Limited Edition

    Already introduced as a pre-SIHH product a few months ago, the RM 036 features the emblematic curved and ergonomic Richard Mille cushion-shaped case specifically requested by Jean Todt for a timepiece housing a tourbillon movement made entirely of grade-5 titanium and ARCAP, with a carbon-nanofiber base plate. The cocktail of futuristic materials provides the movement with optimal resistance and flatness, offering at the same time an appealing contrast with the finishing. It also boasts a brand-new complication: a mechanical G-sensor, developed and patented by Renaud et Papi exclusively for Richard Mille, which translates the movement of a small internal mechanism to an indicator, thereby enabling the wearer to visualize the number of Gs accumulated by the wearer during rapid decelerations. The scale located at 12 o'clock has a needle indicating whether the deceleration is safe (green zone) or critical (red zone) for the driver. Limited to 15 titanium pieces, profits will be donated to the global campaign for road safety and the ICM Brain & Spine Institute.

    Tourbillon RM 56-01 Sapphire Crystal

    When it was unveiled at the 2012 SIHH, the RM 056 Split-Seconds Competition Chronograph Sapphire bearing the name of Formula 1 driver Felipe Massa caused a stir with its case made entirely of sapphire crystal. Following such a technical feat and determined to continue challenging the very limits of fine watchmaking, Richard Mille created another "transparent" masterpiece for 2013: the RM 56-01 Sapphire Crystal. The quest for extreme transparency at the heart of a titanium movement led the engineers to use sapphire crystal for the central bridge and third wheel. Caliber RM 56-01, made from sapphire crystal and titanium, is immune to temperature variations and wear. Collaboration with Biwi SA made it possible to develop Aerospace nano, employing nanotechnology to obtain unequalled transparency and strength for a revolutionary strap. Because the machining of sapphire crystal is an extremely difficult process, the RM 56-01 is only available in a very limited edition of five timepieces.

    The Tourbillon RM 039 Aviation E6-B Flyback Chronograph watch

    Not quite related to any traditional sport or athlete, the RM 039 Aviation E6-B pilot's watch is the other brand-new product for 2013 and displays practically all the information provided by the famous E6-B slide rule. Incorporated into the bidirectionally rotating bezel, it can be used to read off and calculate fuel burn, flight times, ground speed and wind correction, and to quickly convert units of measurement (Naut/KM/Gallons/ Liters/Feet/KG/LBS). Another special characteristic of the RM 039 that distinguishes it from other pilot's watches is that it enables density altitude to be calculated using a movable indicator incorporated into the case band at 2 o'clock: an original function brought to watchmaking for the very first time. The Tourbillon RM 039 Aviation E6-B is a highly technical instrument that embodies the bridge between watchmaking and aeronautics. Limited edition of 30 timepieces in titanium.

  • Antiquorum - Important Modern & Vintage Timpieces

    Antiquorum's fall auction of "Important Modern & Vintage Timpieces" held at the Mandarin Oriental in Hong Kong on Friday, October 19th achieved outstanding results totaling HKD23,834,875. A total of 75.8% of the auction was sold by lot, with 124% sold by value.
     
    The highlights of the sale included the Harry Winston "OPUS V" 18K pink gold wristwatch, the Louis Vuitton "Tambour Diving II" 18K black gold diver's wristwatch with square button chronograph specially made for Only Watch Auction 2011, and a series of fine Patek Philippe timepieces.


    One of the most exciting highlight's of the sale was definitely the Harry Winston "OPUS V" 18K pink gold wristwatch (Lot 323). This very fine and rare wristwatch aroused a lot of interest among collectors and was sold for an impressive HKD1,160,000 (including buyer's premium) after heated competition between room, phone and Internet bidders.
     


    Another highlight was the Louis Vuitton "Tambour Diving II" 18K black gold diver's wristwatch with square button chronograph (Lot 118), specially made for Only Watch. The unique and highly collectible wristwatch drew consideration attention among collectors and attained a noteworthy price of HKD400, 000 (including buyer's premium).
     
    The outstanding performance of Patek Philippe once again highlights the brand's popularity among collectors worldwide. The Patek Philippe Ref. 5101P 10 Days Tourbillon Platinum (Lot 322) sold for HKD1, 556,000 (including buyer's premium), the highest price attained in the sale.

    Patek Philippe Ref. 5131G-001 World Time wristwatch (Lot 206), a very fine wristwatch combining precise watchmaking expertise and traditional enamel craftsmanship achieved HKD1,040,000, while Patek Philippe Ref. 5050G Roman Dial 18K white gold wristwatch with perpetual calendar (Lot 321), brought HKD608,000. Also noteworthy was the Patek Philippe Ref. 5350R 18K pink gold wristwatch (315), which attained HKD475, 000 after fierce bidding.
     
    Patek Philippe Ref. 1146 "Piece Unique - Pendulette Dome -Fêtes des Vendanges" Dome clock (Lot 127), which had drawn considerable attention prior to the sale, attracted many collectors vying for it and was sold to an Asian collector for a remarkable HKD980,000. (including buyer's premium)


     
    The auction attracted collectors from across the globe with bidders from China, Taiwan, Hong Kong, Russia, Singapore, Switzerland and the United States.
     
    "Today's fierce competition among global bidders for the Patek Philippe Ref. 1146, Harry Winston "OPUS V" and other amazing lots for auction confirms the ever-increasing market demand for collectable timepieces," said Jill Chen, General Manager, Antiquorum Hong Kong.
     
    Antiquorum looks forward to our next auction on November 11th in Geneva, featuring a magnificent royal presentation musical fan with concealed watch and an impressive collection of Patek Philippe and Rolex timpieces.

  • Antiquorum - Important Modern & Vintage Timepieces

    Antiquorum, The World's Premier Auctioneers of Modern and Vintage Timepieces, is pleased to present its fall auction of "Important Modern & Vintage Timepieces" to be held on Sunday, November 11th at The Mandarin Oriental Geneva. Collectors can look forward to bidding on 613 outstanding modern and vintage timepieces.

    Amongst the unique and collectible highlights is an extremely rare Rolex Single Red Prototype, Ref. 1665 Sea-Dweller Submariner and a series of Patek Philippe timepieces, including a Patek Philippe Ref. 1518 Perpetual Calendar Chronograph and a Patek Philippe Ref. 2499 Perpetual Calendar Chronograph. Previews will be held in Hong Kong, Shanghai, Beijing as well as Geneva.


    The highlight of the sale is a Magnificent Royal Presentation Musical Fan with Concealed Watch, A gift from Prince Ferdinand of Saxe-Coburg and Gotha to Vicomte de Morais, attributed to Piguet & Capt, Geneva, made circa 1810.


     
    It is an extremely rare and magnificent, musical, gold, painted on enamel and pearl-set fan with concealed watch and visible rose-diamond-set balance, the fan painted in watercolour and gold. This important gold and enamel musical fan is one of only three known to exist with a watch and music. A magnificent object de luxe, like the other fabulous and exotic precious objects made in Geneva at the beginning of the 19th century, this fan would have been the exclusive preserve of Royalty and the very upper echelons of polite society.


    Lot 189
    Estimate: CHF 300,000 - 500,000
     
    "It's exciting to come across rare and special lots such as the Prototype Rolex Ref. 1665 Sea-Dweller Submariner and the Royal Presentation Fan, and we are proud to present them at Antiquorum's auction," said Evan Zimmermann, President and CEO of Antiquorum. "Items of such horological and historical importance along with a series of Patek Philippe and other very fine timepieces are sure to make this an outstanding event."
     
    Antiquorum is also proud to present the Single Red Patent Pending Rolex Ref.1665 500m/1650ft - one of only six known. Produced in 1967 and never before seen at auction, there are six known examples of the "Single Red," including this particular example. According to research, this may be one of the only two known examples with escape valve. These watches were the prototypes for subsequent production models of the Sea-Dweller. Their history, intertwined with the lives and contributions of important divers of the 1960's make them one of the most historically significant watches that Rolex ever made, and thus one of the most important dive Rolexes to have ever come up for auction. Bought by the current consignor in the late 1980's, the watch has remained unworn in the safe since its purchase and has remained in excellent original condition.
    Lot 126
    Estimate: CHF 80,000 - 120,000
     
    Patek Philippe collectors will want to bid on the Patek Philippe Ref.1518, First Series. Made in 1951, it is a rare 18K yellow gold perpetual calendar chronograph wristwatch with moon phases accompanied by the Extract from the Archives.


    Lot 612
    Estimate: 200,000 - 300,000 CHF
     
    Another highlight of the sale is a Patek Philippe Yellow Gold Ref. 2499/100, one of the last examples to be produced. It is a very fine 18K yellow gold perpetual calendar chronograph wristwatch with phases of the moon accompanied by the Extract from the Archives. Made in 1984, it would appear that the present watch has never been offered at auction before.

  • Chronicle - Saving the Time

    We watch lovers know that when we buy a mechanical watch, we must take care of it almost the same way we would care for a well-oiled automobile. I know from personal experience that trusty auto mechanics are, however, in short supply. They take one look at me and - noting my gender - try to convince me that my car is in need of much more service than it really is. When I find a mechanic who I feel treats me fairly, services my car correctly and charges me fair rates, I stick with that mechanic basically for life.
    Mechanical watches are no different. They need periodic servicing - though much less than a car. They need loving hands to treat them well, and they require further investments by their owners. I know that when I need a watch serviced, I prefer my favorite local watchmaker with whom I have a longstanding relationship over sending the watch to a foreign country via an anonymous chain store. I support my local independent watchmaker and I am certainly not alone. Mom-and-pop watchmakers with skills to run a decent business and take care of fine watches are in serious short supply. When you find one, you hang on to them with all your might.
    About ten years ago, my favorite local watchmaker told me that he could no longer service new Rolex models and some other big-name brands because they won't sell spare parts and the special tools required to install them to independent watchmaker-repairers. So, if you buy these brands, you should know in advance that they can only be serviced by the companies in question and their direct affiliates - at which point control over what is happening inside your watch is lost. In fact, a high-level collector just told me last week that when you send in a new Rolex for servicing, that company will change any number of parts out without even asking - including the dial. These days I guess it is a known quotient, and something you inherently agree to when you buy a watch from that brand.
    A group of Australian watchmakers is currently becoming vocal over the issue, which seems to be becoming standard fare among group-owned luxury brands. An organization called Save the Time has sparked a rally for supply of manufacturer's parts to independent watchmaker-repairers.
     


    The problem
    Using another off-industry analogy let me show you the problem in a different way. My first laptop was a Macintosh G4, which served me well - except for the batteries, which only had enough juice for two hours of use. No Mac battery can last the length of a transatlantic airplane ride, which is why I always traveled with at least three so I could work on airplanes. One time, I accidentally left one of my batteries in the airplane seat pocket, so I decided to contact Apple to see if I could order a new one to my hotel in time for the 13-hour plane ride home. I was informed by the salesperson that (four years after original purchase, mind you) Apple no longer made batteries for this model and I would be best served checking eBay. That exchange stopped me in my tracks and I no longer subscribe to the Macintosh philosophy. Now a solid PC user, I am aware in advance that the € 500 I invest in my computer (as opposed to triple that for a Mac) will likely only last me about three years. However, the salespeople tell you this in advance and it is a known fact.
    What is not a known fact is that one can spend € 10,000 and way more for a luxury watch of the finest quality and be expected five years later to plunk down another almost € 2,000 for repairs and servicing. This is the other issue the Australian watchmakers are fighting to make public.
    Australia saves the time
    No watchmaker becomes a watchmaker for any other reason than that he or she simply loves watches. It is the passion for the craft that carried him or her on through endless pedagogic sessions and thousands of manual hours of training. The reward at the end is the exciting moment when life begins to beat within a piece of metal that we call the balance spring, the heart of a mechanical watch.
     


    When a watchmaker becomes an independent watchmaker-repairer, he or she usually does that for the love of the craft, and it is in his or her interest to serve customers well. It is not a high-paying job and relationships with clients and other passionate individuals in the field are among the biggest rewards. Mark Pleszczynski of Murwillumbah, Australia, is just such a watchmaker. Pleszczynski, who also plays a large role in the Watch & Clockmakers of Australia association, an unpaid not-for-profit organization, can no longer source spare parts for watches made by many of the group brands. He told me that this has resulted in income loss of $1,000 and more for him per week. He also explained that when these watches are sent to the manufacturer for servicing or repair, it will cost the consumer triple the amount he would have charged. This is not the main reason that Pleszczynski has joined the Save the Time movement: the main reason is that he feels that the restriction is eliminating the consumer choice of going to an established and trusted repairer.
    This is different than the reason that Nick Hacko began the Save the Time movement, though it is related. "There is one small problem with the monopoly," he says. "It only works great for monopolists. Once it kills competition (independent watchmakers), monopolists start to raise repair prices way above marginal costs and lower customer service. Monopoly leaves you without a second option, a second opinion, a second quote and robs you of ability to inquire and ask questions."
    Additionally, something happened in March that made him really go through the roof. He sent a very fine watch to the Australian headquarters of a major concern for crystal replacement. He had no choice but to send it there since they would not supply him with the replacement crystal. He therefore also had no choice but to have that watch repaired under that concern's terms and for the amount of money it found fit to charge. "And there is nothing wrong with that," Hacko said. "Except for one detail: while I was 'happy' to pay $195 for a new glass, I was less than happy to pay an additional $790 for a complete overhaul. And, quite frankly, I was blue in the face when I found that this watch needed a 'balance' for an extra $520 and a 'complete barrel' for another $270." The total (mandatory) repair cost for what was originally a replaced crystal came to $1,775.
    Hacko maintains (and actually sent me photographic evidence) that the watch ran at minus 5 seconds per day and that the balance showed 278 degrees of amplitude. "This indicates to me that the watch does not need a new balance wheel."
     


    It became obvious to Hacko that the repair quote was based on an assumption that the watch needs a new balance and barrel. "As any car mechanic can confirm, you cannot make a quote without looking under the bonnet," he justifiably said. "After the watch was returned, I took a photo of the case, which clearly shows that the serviceman did not even bother to take the watch out of the case and inspect the mechanism. Or he did an amazing job of 're-applying' the dirt to the case."
    Hacko explained to me that proper repair procedure requires that all movement parts are disassembled, cleaned, then put back together. Only then can a repairman assess overall condition, wear and tear, and finally proceed with component replacement. "By quoting the replacement of the balance (which is the most expensive component), the concern in question has covered its back in case the watch really needed some or any parts. I find this completely unethical."
    Hacko then took the watch apart to find out for himself what was really transpiring under the hood. After the overhaul, he was able to adjust the daily rate to close to zero seconds per day deviation. "Of course, I am not going to pretend that this watch kept absolutely perfect time in each and every position. The truth is no mechanical watch can keep absolutely perfect time in every position tested. But the healthy amplitude of 283 degrees told me that I don't need a new balance staff, balance wheel or complete balance assembly for $520!"
    Hacko has since been instrumental in founding the new Professional Watchmakers of Australia, an association formed with intention to represent all independent Australian watchmakers demanding access to spare parts and fulfils the unpaid function of secretary and spokesperson.
    Currently, Save the Time is looking to take this matter to the ACCC (Australian Competition & Consumer Commission), but they need 10,000 petition signatures to be able to do so. By visiting the website save-the-time.org, you can sign the petition, find out where local watchmakers are located and get a list of local suppliers. You can also read more about why the watchmakers find this so important.
    If it can happen in Australia, it can happen anywhere. The subject is also currently being investigated by European Union antitrust regulators thanks to the European Confederation of Watch and Clock Repairers Associations.
     

  • Rolex - Big Winner at Estoril Open

    Juan Martín Del Potro had an easier time bringing home the gold at this tournament than perhaps others. It was obvious he felt right at home on the red clay of the Lisbon suburb's courts: disposing of France's Richard Gasquet (number 18 in the ATP rankings) in the finals and Switzerland's Stanislas Wawrinka (number 21) in the semifinals, the gentle giant put his Rolex Milgauss on his wrist directly after shaking his opponents' hands at every match.


    Furthermore, Salomão Kolinski of the retail chain Boutique dos Relógios was on hand to present the winners with timepieces from Omega for the third year running. As Del Potro's Rolex ambassadorship prevented him from wearing other timepieces, he gifted his Seasmaster to the best Portuguese player, João Sousa, who lost to Spain's Albert Ramos in the quarterfinals in a valiant battle.
     


    The ladies' champion, Estonia's Kaia Kanepi - currently number 26 in the world - received a ladies' Constellation.

  • Sotheby's - Thomas Perazzi New Deputy Director


    Thomas Perazzi joins Sotheby's from his position as specialist at an auction house specialising in horology. Mr. Perazzi began his career in the industry in 2006, further developing his b interest in Omega and Rolex watches as well as vintage wristwatches made between 1940 and 1970. Mr. Perazzi will strengthen Sotheby's existing team in Europe with his solid expertise and b relations to Italy, a key centre in the watch auction market in Europe.
    Commenting on Thomas Perazzi's appointment, Marc Michel-Amadry, Managing Director, Sotheby's Switzerland said: "I am delighted to announce the appointment of Thomas Perrazi as Deputy Director of Sotheby's European Watch Department. Thomas brings to Sotheby's outstanding expertise as well as a thorough understanding of the auction business and the Italian market. His appointment will enhance the company's ability to ensure the best service to watch collectors".
    Geoffroy Ader, Head of Watches, Sotheby's Europe, added: "Through his deep knowledge of the vintage and modern wristwatches, Thomas Perazzi will reinforce our existing team in Europe" .
    Another b addition to Sotheby's global watch team, Charles Tearle, appointed Director, Head of Watches, Asia, will be based in Hong Kong, working closely with Tim Bourne, Worldwide Head of Watches, as well as an international team of specialists, in driving Sotheby's business in auctions and private sales of watches in Asia.
    Together, Mr. Tearle and Mr. Perazzi will further strengthen Sotheby's watch business worldwide by working closely with the international team of watch specialists, reporting to Tim Bourne, Worldwide Head of Watches.

  • Kobold - Lofty Business

    When a Westerner hears the word "Sherpa," he or she immediately associates it with mountain climbing. There is a good reason for this: the Sherpa caste, at home at the foot of Mt. Everest, part of the Himalayan mountain range, makes its living by guiding tourists coming to Nepal to conquer the mountain. This is a dangerous, ungrateful job - but in many cases it is the best way for a member of the Sherpa ethnic group to support its family.

    Watchmaker Sherpas

    Namgel Sherpa and Thundu Sherpa probably often gratefully pray to their gods since the day that Sir Ranulph Fiennes and Michael Kobold showed up in Kathmandu in 2008, the latter having spontaneously decided to accompany his friend and the Kobold Watch Company ambassador who has been described as "the world's greatest living adventurer" on an Everest bid. Kobold was unprepared to climb, and he had not even reckoned with reaching what's known as base camp (the last acclimation settlement before serious climbers head up the earth's highest mountain, which peaks at 8,848 meters (29,029 feet) above sea level). He made it up much higher before both he and Fiennes had to turn back; it was then he discovered he was officially bit by the same bug that has plagued adventurers the world over.
    Kobold and Fiennes returned in 2009 and made it to the summit, with Kobold repeating the feat in 2010 together with his wife Anita Ugyan, who climbed without oxygen. During the three adventurous climbs, the lives of Kobold and other members of his crew - particularly his wife - were seriously endangered. Only by the grace of the Sherpas did they survive, and in his gratitude Kobold decided to make a suggestion uttered by Fiennes in 2008 into reality and invest in an unprecedented venture: training the two Sherpas as watchmakers and having them run a new subsidiary in Kathmandu called Kobold Watch Company Nepal (Pvt.) Ltd as co-owners.


    "These two caught on really quickly," Kobold's head watchmaker, Dale Poindexter, said of the Sherpas' ability to learn the complicated techniques involved in mechanical watchmaking during the official opening of Kobold Nepal on March 26. Poindexter trained them for ten months in Kobold's Pittsburgh facility.
    Made in Nepal
    As manufacturing and crafts only employ 6 percent of Nepal's 27 million-b population, it is safe to say that skilled labor is not one of this country's assets. In fact, Kobold is certain that his venture is a highly motivational one for the people of Nepal, a way for them to imagine a different future. "Newspapers have already written that Nepal, unable to produce even a sewing needle, now has 'watch movements' with hundreds of parts. This is sure to greatly increase the confidence of the Nepalese in themselves."

    The "standard" Kobold watch model bearing the predicate "made in Nepal," assembled in the Sherpas' new workshop, which is equipped with exceedingly solid, locally custom-made benches crafted from local wood, is called the Himalaya. It is housed in a 44 mm stainless steel case that was made in the U.S.A. The three-handed dial comes in brown or black and exudes the typical Kobold legibility that is the signature element of this adventurous brand. The automatic movement is a Kobold specialty: Caliber K.2651 is based on a vintage Förster movement from Pforzheim. Kobold is the only company currently using this refurbished and improved movement in serial watches. Water-resistant to 100 meters, the timepiece is protected by a sapphire crystal that is also sourced in the U.S.A. Its rugged, understated elegance completed by an alligator skin strap also crafted in the U.S.A. will allow this watch to be worn in any circumstances: on the mountain or in the city.
    To celebrate the opening, Kobold also offered a limited edition of 25 very special watches - which were unfortunately already sold out before the evening of the opening had even come to its exciting conclusion. The Himalaya Everest Edition features a very special dial crafted from a Mt. Everest summit limestone that Kobold plucked from the lofty ground and brought back down the mountain in 2009. A German specialist company located in Idar-Oberstein spent two years ensuring the structural integrity of the beautiful dials crafted from this rock that now forms the mysterious 5 mm-thick face of the Himalaya Everest Edition. Needless to say, each of the 25 pieces is unique in its own way thanks to the natural material.


    Last but hardly least
    Many colorful and important personages attended the evening festivity, including a handful of ambassadors to Nepal, two top generals of the Nepalese army -who ended up "guarding" the Kobold collection inspected by party guests in the new workshop - several members of the deposed royal family of Nepal, the commander-in-chief of its army and other influential fans of Kobold watches from various countries. They had all attended not only to support the new business but also to hear Kobold's famed ambassador tell stories of his exploits. Fiennes has been entered into the "Guinness Book of World Records" as "the greatest living explorer." This man, previously an esteemed Rolex ambassador for 20 years, is the author of many world firsts as well as gripping books. When he and Kobold summited Mt. Everest in 2009, Fiennes was 65 years old. He is a top celebrity in the U.K. and according to JustGiving.com, the U.K.'s top celebrity fundraiser.
    Asked why he gave up the Rolex sponsorship in favor of becoming Kobold's top ambassador, Fiennes replied in his typically direct way, "Gratitude and loyalty." This seems to be a running theme in the world of Kobold, and flows in both directions.


    Namgel and Thundu did not seem particularly fazed by any of this hoopla - least of all the celebrity explorer they have guided up their home mountain twice - and exuded a calm, interested outward demeanor throughout the entire event. In the space of the four years that they have known Kobold, the world of the two Sherpas who have climbed Mt. Everest a combined total of sixteen times has become an entirely different one. Though hard to get involved answers from them, when asked if they felt pride at all these accomplishments, the answer was clear: a big smile and an enthusiastic "yes!" accompanied by vigorous nodding. I'm not certain they understand the historic proportions of their actions over the last few years, but they have time to discover it - time mechanically measured by an adventurous Kobold watch that they keep running.

  • Rolex - Oyster Perpetual Day-Date II


    Gem-set splendour
    The majestic 18 ct yellow gold case of the DAY-DATE II originally launched in 2008 adopts a new champagne colour dial set with eight baguette-cut diamonds and two baguette-cut rubies at 6 o'clock and 9 o'clock. It also features a scintillating bezel set with 80 baguette-cut diamonds. The brilliance of precious stones and the glistening lustre of polished gold interact to give this bold and distinctive piece all the nobility it deserves.
    Rolex yellow gold
    The 18 ct yellow gold of the DAY-DATE II's OYSTER case and the PRESIDENT bracelet is alloyed by Rolex in its own foundry before being shaped in the brand's workshops. Its unique lustre is the result of the extreme care with which it is shaped, machined and finally polished.

    The OYSTER case, symbol of waterproofness
    The DAY-DATE II's 41 mm OYSTER case, guaranteed waterproof to a depth of 100 metres (330 feet), is a paragon of elegance. The characteristically shaped middle case is crafted from a solid block of 18 ct gold. The fluted case back is hermetically screwed down with a special tool exclusive to Rolex watchmakers. The winding crown, fitted with the patented TWINLOCK double waterproofness system, screws down securely against the case. The crystal, with a CYCLOPS lens at 3 o'clock for easy reading of the date, is made of virtually scratchproof synthetic sapphire. The waterproof OYSTER case allies refinement with efficiency in protecting the DAY-DATE II's high-precision movement.
    Calibre 3156, a superlative chronometer
    The DAY-DATE II is equipped with calibre 3156, a self-winding mechanical movement entirely developed and manufactured by Rolex. Like all PERPETUAL movements, the 3156 is a certified Swiss chronometer, a designation reserved for high-precision watches that have successfully passed the Swiss Official Chronometer Testing Institute (COSC) tests. Its architecture, like that of all OYSTER watch movements, makes it singularly precise and reliable. The oscillator, the true heart of the watch, has a blue PARACHROM hairspring patented and manufactured by Rolex in an exclusive alloy. Insensitive to magnetic fields, the PARACHROM hairspring offers great stability when exposed to temperature variations and remains up to 10 times more precise than a traditional hairspring in case of shocks. The oscillator is fitted between highperformance PARAFLEX shock absorbers, patented by Rolex, which offer 50 per cent greater resistance to shocks.

    Prestige and elegance of the PRESIDENT bracelet
    This DAY-DATE II model is fitted with the PRESIDENT bracelet in 18 ct yellow gold with a concealed folding CROWNCLASP. This prestigious and elegant bracelet with solid semi-circular links provides unique comfort and contributes fully to the aesthetics of the watch.

  • Sotheby's - A Rolex Wristwatch Sells for CHF 170 000


    This historical 18K yellow gold automatic centre seconds wristwatch with date and bracelet (ref. 6305/1) was sought after by at least three bidders in the room. After five minutes of competitive bidding, the hammer finally came down with a final price of CHF 170,500/ $171,760, almost tripling the pre-sale estimate of CHF 60,000-80,000/ $66,500-89,000 (lot 132). Presented to the German Chancellor in 1955, this great piece of history has been kept in its original condition by the Chancellor's descendants and appeared tonight for the first time on the market. Engraved on the back with Konrad Adenauer's name, it was accompanied by its original leather folder and a letter dated 16 September 1955 from Rolex's founder Hans Wilsdorf to the German Chancellor.


    Overall, Sotheby's autumn sale of Important Watches brought CHF 7,178,475 ($7,231,524). b prices were achieved for highly complicated timepieces and vintage wristwatches. Tracing the development of watchmaking from 1574 to the present day, the sale also confirmed b interest from international collectors for antique pocket watches.

    Top ten

  • Rolex - Explorer II on the Wrist

    Rumor has it that the new Rolex Explorer II was ready for presentation in 2010, but that Rolex did not present this new face-lifted version of the sporty watch until 2011 - 40 years after the first Explorer II was launched.
    For many years, Rolex has been respected as well as ridiculed for its conservative approach to case sizes: 40 millimeters seemed to be the biggest case diameter offered in the sports collection. In the last few years, we have seen more and more models with a tendency toward growth: Yacht-Master II and Sea-Dweller DeepSea both come in a case of 44 millimeter diameters, and now the Explorer II also offers a diameter of 42 millimeter.
    The Explorer II has never been the most popular reference made by the famed Swiss watch brand. The Submariner and GMT models have been the favored siblings, but even these two models still offer a moderate case diameter of 40 millimeters. Maybe Rolex wanted to push needed attention towards the Explorer II, hence the extra two millimeters?
     


    Large watch
    42 millimeters may seem like a large watch. However, since many parts and details of the new reference have grown, the visual size does not seem that radical. The case, hands, crown and hour markers are in other words dimensionally on par with the new case diameter. Visually, that is.
    Wearing the watch, however, does challenge the visual impression. The Explorer II is a large watch. Comparing this to Reference 1655 or Reference 16570, which came out even later, the size difference is almost shocking. As mentioned, this will please those who have not yet bought a Rolex because they thought the watches looked too puny on their wrists.
    Inspired by the past
    One of the obvious details on the new Explorer II is of course the orange 24-hour hand. "Freccione," as Italian Rolex collectors long ago named this hand, means "arrow". This is a feature taken directly from the Reference 1655 Explorer II launched in 1971. The 24-hour hand was not separately adjustable on the early version, though. It merely functioned as an AM/PM indicator. However, bezel design looks more like the bezel of the short-lived Reference 16550 that was introduced in 1985 and face-lifted already four years later.
     


    Phantom hands
    The hands of the new Explorer II sport a so-called phantom effect, which means the lower part of the hour and minute hand is painted black. This little detail makes the hands look like they float free of the arbor. This works well on the black dial version, and merely represents a great contrast on the white dial version.
    Latest movement update
    Reference 216570 is outfitted with Caliber 3187, which features the latest technical updates like Paraflex shock absorbers and the non-magnetic Parachrom hairspring, which "ensures unparallel reliability, and shock resistance," according to Rolex.
     


    White dial winner
    The white dial version, even if it does not correspond perfectly to the 1971 version that was only offered with a black dial, gets my vote as favorite of the two dial versions. The b, graphic black/white contrast makes it stand out as this watch brand really does not offer a lot of white-dial sports watches. Actually, only the Daytona and Yacht-Master II come with a white dial, but the GMT, Submariner and Yacht-Master models do not.
    Oldies but goodies
    This said, I admit to favor not only Reference 1655, but also the 16550 or even the 16570. Not only due to their case diameters of "only" 40 millimeters, but also because these earlier versions have a more tool-ish approach to horology. And this is, after all, where the Explorer II started - as an instrument watch for cave explorers.
    Rolex Explorer II Reference 216570 is offered with black or white dial and has a suggested retail price of 6,400 euros.
     

  • Veloptuous Times - Glorious Cows and Firs


    WORLDTEMPUS - 22 June 2011

    Veloptuous Times demanded the best that its protagonists could produce: endurance, resistance to cold and rain, the ability to focus attention after strenuous physical activity for interviews, and stopping as frequently as necessary to take a good photo. There was continuous mental and physical activity at the same time. Between bursts of pedaling, sun and wind, we also needed to find the time to care for our electronic equipment in order to write and publish. This is the reason why this last trip summary is only being published today, three working days after Veloptuous Times officially ended with a successful cocktail party in Neuchâtel.

    PHOTO GALLERY


    From La Chaux-de-Fonds, during the first hours of Monday, Veloptuous Times soared through the Franches-Montagnes region, along the Jurassic mountain chain. The rock relief practically anticipated our arrival, and our wheels spun quickly across the long country routes. The region has a number of interesting technical elements to offer and we pass many windmills and the central electricity production from the solar panels of Mont-Soleil. Our surroundings are nothing but prairie, forest zone, and fir trees reigning supreme against the backdrop of the permanent music of cowbells.
    The wind increased, and we had to fight to arrive in one piece at Georges Cattin's workshop in Le Noirmont. A case manufacturer, organist for 30 years, and collector of electric motors, his workshop is populated solely by mechanical machines, with the most recent dating from 1980. While numerically controlled tools have become the norm among suppliers, Cattin perpetuates a vintage and artisanal way of manufacturing. Son and grandson of a case maker, he is specialized in manufacturing cases decorated - among other things - with fluting and perlage. His services are particularly useful for brands specialized in small series and other operations where CNC is not the best choice or plain incapable.
    We parted ways in the afternoon. Anders went toward Saignelegier to meet with a brewer of Franches-Montagnes beers and a cheese producer specialized in tête de moine, which is typical of the region. For my part, I capped my visit to the Bien region with a long, slow descent that gifted me with plenty of different altitudes before hitting the plateau of the countryside boasting three lakes. Arriving in Biel, however, was not so pleasant thanks to the region's heavy traffic, which is concentrated on one thruway connected by a series of tunnels. Side by side with trucks and cars at full speed, the bike - even this super bike - does not carry much weight. Arriving in the city, underneath a sunny sky, was like a release.
    Without stopping in the city, which seems to have been built by the Swatch Group, but which is home to many other famous names as well — like Rolex — I headed toward Granges to visit BMC's bike factory. Flat and monotone, this particular stretch was not the most spirited as the savage nature of the Jura had given way to a universe that was agricultural and industrial at the same time. 
    BMC is specialized in the creation of bike frames and mainly has the other components produced by suppliers - with the exception of the Impec, a bike model presented in 2010 and realized entirely in carbon fiber and reinforced plastic. It is the first full in-house production by the brand. An obvious analogy with horology exists when one discovers the care and high degree of technology necessary to produce these frames.
    I now needed to return to Biel to meet up with Anders. We were to establish our camp on a hill overlooking the city and affording a view of the Jura cliffs. This was the last evening spent with Veloptuous Times, and Anders cooked up some scallops and a vegetable curry over the camp fire. Dessert was mousse au chocolat and a celebratory bottle of champagne. Nature made a luxurious backdrop to this final party.
    Tuesday began with a visit to Perrelet in Biel to meet up with Fausto Salvi, its CEO, and Karine Marie, in charge of communication. Veloptuous Times then left for the final stage of the ride to Neuchâtel. Along the way, a baker we met during a visit to a wine cellar offered us bread for the evening's cocktail. Having reached the lakes of Biel and Neuchâtel, we managed to enter the heart of the city, ready to prepare the event scheduled at the end of the day. The partners of Worldtempus and Plaza Watch had convened at the Interlope restaurant, which also has an old brewery, to partake in local wines, cheeses, and an excellent mood of all involved - happy to celebrate not only an end, but also a beginning: the beginning of summer.

  • Tennis & Timepieces - High Profile Venue for Watches


    WORLDTEMPUS - 8 June 2011

    The world-class tennis tournament in the heart of Paris seems to be the stage that tennis has set to show off players' and spectators' love of watches.
    Rafael Nadal's spectacular win over Roger Federer in the finals of the tournament - his sixth French Open championship on the slow red clay in seven years - represents a continuation of Richard Mille's foray into high-profile ambassadorships. Confirming Mille's ever-accurate nose, world number one Nadal has been on a serious winning streak since first strapping the controversial RM 027 tourbillon to his sweaty wrist last spring.


    Some watches played on the clay right along with the players. Richard Mille defeated Rolex in the finals - in every sense. While Nadal seems more than content to wear the ultra-light, ultra-expensive, and ultra-cool black tourbillon during play and practice, Rolex has not yet been able to convince Federer to don his flavor of the day while swatting the yellow felt ball.
    Young Talents
    Five-time French Open sponsor Longines has also not been able to convince its many spokesplayers to wear one of its watches while playing either. Asked about this, CEO Walter von Känel was unconcerned. "It's a personal choice," he said.
    Longines sponsors a number of young talents in the tennis arena. This year, the brand put on the fairly lavish Future Tennis Aces program, which allowed sixteen under-13-year-old players from all over the world to come to Roland Garros for a week, partake in a tournament on the actual tournament grounds, and soak up the atmosphere of professional tennis.
    Additionally, Longines also runs a program it calls the Rising Tennis Stars, which aims to support young tennis talents between the ages of 17 and 21 years as they develop their careers. These Rising Stars currently include Grigor Dimitrov, the 20-year-old number-one tennis player from Bulgaria, ranked number 64 in the ATP Tour rankings; Tiago Fernandes, Brazil's the number-one tennis player under 21 and currently ranked 392 on the ATP computer; Tsung-Hua Yang, the first player from Taiwan to be the number one junior player in the world, currently ranked 302 by the ATP; Sabine Lisicki of Germany, who reached a career high as number 22 in the WTA rankings in August 2009; Ryan Harrison (USA), who reached a career-high no. 7 in world junior rankings in 2008 and is currently ranked no. 119 on the ATP computer; 18-year-old Roberto Carballes Baena (Spain) is currently ranked number 446 by the ATP and number 11 on the ITF Junior World rankings; and Sai-Sai Zheng (China), currently ranked no. 275 on the WTA Tour, is one of the highest ranked 17-year-old players.
    During Roland Garros, Longines also awarded former world number one Jim Courier with the Longines Prize for Elegance, which he received from Longines ambassador Andre Agassi. He received it as a tribute to his work with disadvantaged children, notably through his foundation Courier's Kids.

  • Christie's - More than US - 26.3 million in Geneva

    - Christie's leads the international auction market for watches
    - Geneva's Important Watches including a Connoisseur's Vision Part IV achieves a blockbuster total of more than us$ 26.3 million, +25% versus may 2010 results.
    - New record price set for any rolex wristwatch at auction
    - $3.6 million Patek Philippe - new record price for any simple chronograph watch
    - More than a dozen record prices in one day
    - 1 lot sold above us$ 3.6 million
    - 3 lots sold above us$ 1 million
    - More than 800 registrants from all 5 continents

    TOP TEN RESULTS


    Reaffirming Christie's absolute leadership in the international watch area, Geneva's sale of Important Watches including A Connoisseur's Vision Part IV achieved a blockbuster total of US$ 26,331,962 (SFr. 23,427,013 / € 18,647,902), an increase of 25% over last May's auction total in Geneva.
    This is one of the highest results ever realized in the history of Christie's watch sales and leads the auction series dedicated to the category in Geneva this spring.
    The top watch of the sale is a unique 18k white gold cushion-shaped single button chronograph wristwatch manufactured in 1928 by Patek Philippe which sold for more than US$ 3.6 million, a new world action record for any simple chronograph watch.
    Among the other sensational new world record prices set at Christie's in Geneva is a new top price for any Rolex wristwatch at auction, achieved for an oversized stainless steel split seconds chronograph wristwatch manufactured in 1942, which sold for US$ 1,163,340.
    Aurel Bacs, International Head of Christie's Watch Department, commented:
    "The international community of watch collectors responded enthusiastically to this premium selection of rare wristwatches and pocket watches hand-selected by Christie's team of specialists for our spring Geneva sale. Our results confirm once again that Christie's is the auction house of choice for both buyers and sellers of the rarest and most important watches.
    Today's sale was characterized by b bidding from the international trade, but dominated by private collectors and museums around the world. Eight different buyers secured the top ten lots of the sale - a sign of the immense depth of interest in this category.
    The sale was notable for its spectacular moments - for the first time ever at auction, a Rolex watch surpassed the $1 million mark with the ultra-rare reference 4113 selling to a private collector for over $1.1 million.
    We were also touched by the spirited bidding that led to a b result for the Hillary Tenzing Explorer set, which soared above everyone's expectations to sell for US$ 104,532 with all proceeds directed to charity.
    Lastly, Christie's is extremely proud to announce that with Part IV of 'A Connoisseur's Vision', this prestigious collection of Patek Philippe watches reached the highest total ever for any collection of fine wristwatches ever dispersed at auction, reaching over US$ 22 million. We are grateful to the consignor for having entrusted Christie's team of watch specialists with the sale of this landmark collection and are immensely satisfied to see that the market rewarded his knowledge and passion to such an extent".
    Earlier in the sale, the G. Garvin Brown III Collection, Part I was 100% sold with most watches selling above high estimates. Two further installments of this exceptional collection will be offered as at Christie's Hong Kong sale of Important Watches on May 30 and at Christie's New York on June 15, 2011.

  • Sotheby's - Historic Watches sold for CHF 7.754.000


    b Prices for 19th Century Pieces made for the Chinese, Turkish and Indian markets A rare Chronograph Patek Philippe ref. 2499 sold for CHF 722.500 ($815.637) An 18K Gold and enamel scent flacon made for the Chinese market by Piguet & Capt circa 1807 fetched CHF 242,500 ($273,761)

    Sotheby's sale of Important Watches this evening was led by a highly rare Patek Philippe chronograph which fetched CHF 722,500 ($815,637) and one of the most exclusive examples of a stainless steel Rolex Daytona "Paul Newman" with inverted lines, which realised CHF 206,500 ($233,150). With b prices for pieces made for the Chinese, Turkish and Indian markets, the sale attracted buyers from around the world and more than 300 clients had registered to participate.

    • More information

    • Results

  • Rolex - Gian Riccardo Marini New CEO


    WORLDTEMPUS - 4 May 2011

    Rolex reported yesterday that a change has taken place at the top of its management. Up to this point, Gian Riccardo Marini was head of Rolex Italy. The 64-year-old had been managing the Italian branch since 2000.
    Bruno Meier took over as Rolex's CEO in 2008; before that he was the company's chief financial officer. In Rolex also announced that Daniel Neidhart is now in charge of the foreign branches of the company. Neidhart will fill this newly created position from an office in Hong Kong. Neidhart was previously in charge of Rolex's Chinese distribution.

  • Rolex - The Evolution of the Explorer II


    WORLDTEMPUS - 2 May 2011


    The Rolex Explorer II (reference 1655) - originally only offered with black dial - was produced to meet the needs of cave explorers operating in the dark and not able to tell whether it was day or night. This explains the distinct orange fourth sweep hand on the watch, which indicates AM or PM via the 24-hour bezel. This design was nick-named "freccione" in the 1990s by Italian collectors, which means "big arrow."
    Admittedly, the target group for this watch is rather narrow. One would think that Rolex would at least have taken other groupings of professional explorers that might benefit from this feature into consideration when the Explorer II was originally presented in 1971.


    Radical change
    Since 1971 the Explorer II has only been updated three times, including this year's relaunch. In 1985, Rolex introduced Reference 16550, which for the first time offered the choice of white or black dial as well as a new movement allowing quick date change and the possibility to set the 24-hour hand to a different time zone. The 16550 also introduced sapphire crystal and an upgraded font engraving on the bezel, and the hands were of a different and subtler design matching other Rolex sport models. Reference 1655's hand design was entirely unique to this reference.



    Subtle update

    These updated details were repeated when Rolex introduced Reference 16570 in 1989; to a layman's eyes the difference between Reference 16550 with a black dial and Reference 16570 will probably not be visible. The difference between Reference 16550 with a white dial and Reference 16570 is, however, rather obvious. The 16550 white dial version turned creamy due to a fragile coating. Also, the white dial version now had black hands instead of light-colored, white gold hands that actually made it hard to see the time with a light-colored dial in the background.
    Faulty frenzy
    Faults like the white dial of Reference 16550 turning creamy is, however, something Rolex collectors will pay big bucks for. Rolex today is a watch brand that oozes perfection and conservatism, which is why mishaps like a fragile dial coating is interesting for collectors around the world.



    40 becomes 42

    References 1655, 16550 and 16570 were all housed in a 40-millimeter case diameter, just like the Rolex GMT-Master, Daytona, Submariner and Sea-Dweller. However the new Explorer II sports a buffed-up 42-millimeter case, making it the biggest of the aforementioned ticking siblings, and 2 millimeters smaller than the Yacht-Master II and DeepSea.
    Undoubtedly, many Rolex fans will appreciate the new, larger case, but I wonder if Rolex added the extra 2 millimeters to simply draw attention to the Explorer II, which has been overshadowed for decades by its best-selling siblings in the sports lines.
    Of course, we will never know this as Rolex representatives are as tight about the company's watch production as the Oyster cases are about water.

  • Carl F. Bucherer - Shop in Shop at Zurich Airport


    Carl F. Bucherer North America is proud to announce the opening of the Bucherer boutique located in the Zurich airport in Switzerland, on March 3, 2011.


    The boutique will be the first of its kind offering Carl F. Bucherer, Bucherer Jewelry and an extensive collection of Rolex watches. These innovative brands come together for the first time ever to showcase some of their finest and most creative designs collectively.


    Carl F. Bucherer and Rolex watches will be displayed in their respective Shop-in-Shop concepts, using their corporate architecture. This exposure for the brand, Carl F. Bucherer, will boost brand awareness around the globe. The store is located on level 1 of Zurich Airport's Airside Center.

  • Book - Rolex Collector Starter

    WORLDTEMPUS - WATCHPRINT offer Rolex collector starter 
    1. Rolex Gallery de Giorgia et Guido Mondani  - More details
    2. Rolex Cosmograph Daytona (Manual winding) Nb. 1 Pocket Expert serial by Osvaldo Patrizzi - More details
    3. Rolex Oyster perpetual Cosmograph Daytona (Automatique) Nb. 2 Pocket Expert serial by Osvaldo Patrizzi - More details
    *Free worldwide shipping charge for the 3 books together*

    ORDER BOOK

  • Book - Rolex Gallery


    "Rolex Gallery" is a complete journey through all the vintage and modern models produced by Rolex.
    With new images and updated information, this edition shows from the rarest models to the most dressy ones, to those that represents a dream for watch collectors.

    Every chapter of this book represents a type of Rolex watch:
    Air-King, Bubble Back, Chronographs, Daytona, Explorer, Moon Phases, GMT-Master, Milgauss, Oyster Date, Oyster DateJust, Oyster Day-Date, Oyster No Date, Prince, Quartz, Submariner, Turn-O-Graph and Yacht Master.
    Over 100 different Daytona, 100 Chronographs, 50 GMT-Master, 50 Submariner are showed together with many other watches.
    "Rolex Gallery" also provides the course of Rolex history, focusing on those watches that have made history.
    "Rolex Gallery" is a clear, detailed and updated guide for all those who want to approach and understand the market of Rolex wristwatches.
    This book is within everyone's reach however at the same time represents a useful guide for Rolex collectors.
    Text in Italiano, Français, Deustch, English, Español
    224 Pages • color ill. • Format : 24 x 28.6 cm.
    Price : CHF 195.00 • € 140.00
     

     


    ORDER THE BOOK

  • Antiquorum - Edmund Hillary's family feud over watch sale

    swisster.ch - November 12, 2010


    Hillary's son and daughter obtain a legal injunction, saying the timepieces consigned by their stepmother for bids rightly belong to them, while the New Zealand government also expresses concerns.
    A New Zealand court is blocking the planned auction in Geneva this Sunday of Rolex watches originally owned by the late legendary mountain climber Sir Edmund Hillary as members of his family feud over who owns them.
    Antiquorum has advertised several of the luxury timepieces consigned for sale by Lady June Hillary, widow and second wife of the late adventurer, who died in 2008.
    But a high court from Hillary's native country granted an injunction this week at the request of lawyers acting on behalf of the climber's son Peter and daughter Sarah, who claim they own the watches.
    In addition, the New Zealand government said it regards the watches of national cultural importance.
    The injunction instructs Lady Hillary to ask Antiquorum to withdraw them from sale.
    The auctioneer continued on Friday to include the watches in advertising for its weekend auctions on its website.
    An Antiquorum representative could not be immediately reached for comment.
    The collection is part of a group of 643 "important modern and vintage timepieces" to be sold under the hammer by Antiquorum during a two-day sale this weekend at the Mandarin Oriental Hotel.


    One of them is a Rolex "Oyster Perpetual" chronometer dating from 1953 that was presented to Edmund Hillary in India after his descent from Mount Everest in honour of his achievement the same year.
    At the age of 33, he and Sherpa mountaineer Tenzing Norgay became the first climbers known to have climbed the summit of the world's highest mountain.
    Hillary subsequently wore the watch on a trans-Antarctic expedition from 1955 to 1958, the first overland crossing of Antarctica and the first expedition to reach the South Pole since British explorer Robert Scott in 1912.
    "It has immense historic significance," Antiquroum says in its online catalogue, noting that the caseback is engraved "Sir E. Hillary".
    The watch is valued at between 10,000 and 20,000 francs.
    Another timepiece in the collection is an 18-carat yellow gold Rolex bought on May 29, 2003 by Hillary on the 50th anniversary of the day he reached the summit of Everest.
    Its estimated value is between 8,000 and 10,000 francs.
    Among the other Rolexes are ones bought by Hillary to commemorate the 20th anniversaries of the Everest climb and his attempted ascent of Himalayan peak Cho Oyu from the Nepal side in 1952.
    The estimated value of the watches is not in the upper reaches often seen at Geneva auctions.
    The headline watch in Antiquorum's weekend sale, for example, is a rare Patek Philippe "pink gold" wristwatch valued at between 800,000 and 1.2 million francs, and the auction house says it has sold 49 watches valued at more than a million francs.
    But the New Zealand Ministry for Culture and Heritage said at least one of the Hillary watches has legal protection under the country's Legal Objects Act.
    According to press reports from New Zealand the government wrote to Lady Hillary's lawyers on Friday to inform her of the watch's protected status.
    Under the country's law, protected objects cannot by exported without the permission of the culture and heritage ministry.
    However, its is not clear whether the injunction has any legal bearing in Switzerland.
    It is possible that officials New Zealand government may have to contact Bern in order to intervene.
    Hillary's son and daughter said their stepmother put the watches up for sale without asking them, according to a report from the New Zealand Press Association.
    Peter Hillary said it was "very sad" he and his sister had had to take court action to stop Lady Hillary from going ahead with the sale, but it was the straw which had broken the camel's back.
    "There have been a number of very significant items from the Ed Hillary collection that do belong to Sarah and I, that have been disposed of inappropriately," he said.
    "I believe that it has been stopped for the time being and we are hopeful we can preserve these legacy items," Peter Hillary added.
    "They, along with a lot of other items, are of great significance to this family and I would suggest in some respects to New Zealand, in terms of being important items from the Ed Hillary collection."
    Neither Lady Hillary nor her lawyer were available to the press for comment.
    June Hillary married the climber in 1989 after his first wife and one of his two daughters died in a plane crash in Nepal in 1975.

  • COSC - An External Referee


    WORLDTEMPUS - 2 November 2010


    Few would argue that accuracy is an unimportant quality for a watch. However, every day consumers purchase mechanical watches that offer no basic assurance of horological precision. There are, however, several firms that capitalize on the services of the independent Contrôle Officiel Suisse des Chronometres (COSC) as a guarantor of their watches' fundamental accuracy within -4 to +6 seconds per day.


    Last year at the SIHH, Roger Dubuis, a firm that has famously employed the aesthetic standards of the Geneva Seal, announced that it would add a second layer of external oversight by also submitting movements to the COSC.
    For Claude Vuillemez, the COO of Roger Dubuis, the appeal of COSC certification is obvious.
    "We are a young manufacture," Vuillemez told Worldtempus, "and to get recognition we are looking to external referees like COSC on chronometry and Timelab on functionality to validate our technical expertise."
    Breitling has cultivated its image around the fact that it is first and foremost a maker of chronometer-rated instrument watches. Indeed, every Breitling timepiece, quartz or mechanical, is also a COSC-certified chronometer.


    "Like in aviation, where every instrument needs to be certified, COSC is an independent laboratory checking the precision of every single Breitling movement for 15 days in 5 positions and at 3 different temperatures," said Breitling executive vice president Jean-Paul Girardin.

    Who's Who?

    The COSC releases annual lists ranking the brands receiving the most certifications, with Rolex, Omega and Breitling perennially occupying the top three spots.
    The global recession contributed to a shake-up of the list in 2009, with Ball Watch, a relatively small producer, breaking into the top ten (at number eight) for the first time in its history — with 15,455 certifications.
    Jeffrey Hess, president of Ball Watch in North America, attributes his firm's rise not so much to any specific actions taken by the Swiss watch company with American roots, but to cutbacks in production at some competitors.
    While 2009 was difficult for much of the industry, Hess says it was actually a fairly good year for Ball Watch — which led to no reduction in production of certified chronometers.
    Ball Watch has another reason for its interest is chronometer certification. Historically, the firm submitted pocket watches to the U.S. Bureau of Standards as a measure intended to ensure the accuracy of its famous railroad chronometers. These were the precise timekeepers used by railroad engineers to avoid potentially disastrous collisions. Hess sees the modern COSC as an extension of this legacy.


    At the very least, a modern COSC-certified wristwatch will help its wearer make his or her train on time — as Webster C. Ball originally intended.
     

  • Arcadia - Rebirth of the Brand


    Swiss watchmaking has continued to reinvent itself throughout the centuries as Swiss craftsmen, inspired by their passion and love of tradition, strive to enhance their precision expertise.
    Maison Bunter, one of the leading specialists in major complications and jewel-setting, has been fired by such passion for some 155 years. Today Bunter is proud to present Arcadia: an innovative watchmaking concept that rises to the challenge of reviving one of the greatest emblems of Switzerland's watchmaking heritage.


    During the 19th century the Arcadia brand was the symbol of Swiss watchmaking excellence and the standard-bearer of the celebrated Fleurier Watch Company, whose creative approach would inspire generations of watchmakers. Now, after falling victim to the 'quartz revolution,' Arcadia, and its incredibly avant-garde models, are being reborn under Bunter President Claude Sanz - a passionate devotee of watchmaking history.
    This new adventure, imbued with unfettered imagination, offers a fresh approach to communicating the values of traditional Swiss watchmaking around the world.

    HISTORY
    1858 - 1970 : Arcadia

    In the early 19th century Swiss watchmaking - hitherto a craftsman's activity - enjoyed one of its earliest industrial booms.
    Thanks to Edouard Bovet, one of the first watchmakers to target the Far Eastern market, the number of watchmakers in Fleurier (a village in the Val-de-Travers near Neuchâtel) more than tripled inside 30 years.
    Jules-Samuel Jequier, who was born in the village in 1835, chose to devote his life to watchmaking from an early age. He joined Bovet in 1856 after training as a jewel-cutter and, thanks to his enthusiasm and entrepreneurial zest, rose swiftly through the firm's ranks.
    Later, helped by his five sons, Jules-Samuel Jequier founded the Fleurier Watch Company, a manufacturer devoted to jewel-cutting and designing watch calibres. The growth of the watchmaking industry would inspire the Jequiers to launch a number of different watchmaking brands.
    Among them: Arcadia.


    rcadia was founded in 1858 and became the flagship of the Fleurier Watch Company. The classically-inspired Fleurier brand enjoyed great renown among connoisseurs of quality watches, epitomized by names like Breitling and Rolex.
    Arcadia watches displayed amazing creativity for the time.
    This avant-garde brand produced some particularly stylish collections, typified by some of its early 20th century models - symbols of Swiss ancestral tradition imbued with modern, indeed contemporary, vision.
    But the arrival of quartz was to be the downfall for many Swiss watchmakers, who failed to realize the importance of the 1970s electronic revolution. Swiss mechanical watches were left behind by cheap, mass-produced, electronic watches from abroad. The resultant economic crisis lasted 15 years and threatened the entire sector, coming close to completely destroying traditional Swiss watchmaking.
    Many Swiss watchmaking firms were forced to close, taking with them the brands which had underpinned their success. Arcadia was no exception and, over a century after its launch by the Fleurier Watch Company, sank into oblivion.


    2010 : Rebirth of Arcadia

    Arcadia represents the crowning glory to an exceptional career and the fulfilment of a dream for a man to whom watchmaking is far more than a job. Claude Sanz cuts a unique figure in the watchmaking world: a trained geologist and mineralogist, as well as an expert in setting and mechanical complications.
    Nearly forty years ago Sanz acquired Bunter, a firm specializing in the cutting of industrial stones and rubies needed for watchmaking. Today, thanks to their mastery of invisible settings and de luxe, made-to-measure projects, Bunter are recognized by all the pre-eminent Swiss watchmaking firms.
    For Sanz, work is a passion: a passion for timepieces, for horological savoir-faire and for watchmaking history. It is also a dream... one he has secretly entertained for many years, to blend his skill and experience with the launch of a watchmaking brand that would write the final chapter of a story that began 35 years ago.
    "When you make watch components, you inevitably think about creating your own brand," says Sanz.
    But his ambition goes further. As a keen historian, he dreams of pursuing the mission of a Swiss watchmaking firm in the purest mechanical tradition - albeit one adapted to the contemporary era.
    In the 1990s Claude Sanz learnt about the incredible story of the Fleurier Watch Company and its star brand, Arcadia. He was fascinated by this forgotten watchmaking venture, and promptly decided to take over the Arcadia brand - which had fallen into the public domain - and revive its century-old traditions. "Arcadia calibres were highly innovative for the time, and the Fleurier Watch Company was considered an international ambassador of Swiss watchmaking," he explains. Today the industry is witnessing a return to small mechanical movements, so Arcadia is perfect for the 21st century! It's the start of a whole new adventure.
    The Arcadia renaissance is underway. With Bunter's structural and technical support, Claude Sanz has set about renovating each Arcadia calibre in the purest watchmaking tradition, inserting them into modern cases with sleek designs, made using the latest avant-garde technologies and materials.
    A combination of the richness of the past and the boldness of the future, Arcadia aims to showcase and perpetuate an exceptional, time-honoured, heritage on the international scene - and restore the prestige of a watchmaking symbol that was the pride of Switzerland for over a hundred years.


    AC01 : Transcending tradition
    With its modern, virile look, the first re-edition of the Arcadia collection strides confidently into the 21st century - while retaining the utmost respect for watchmaking's greatest traditions.


    This can be seen in the powerful design of this audaciously restyled retro model. While retaining its DNA - rounded shapes for the watch and displays within a tonneau case - the Arcadia AC01 has been entirely redesigned in line with today's technical codes. This new design approach is one of extremes: the watch combines harmonious volumes with aggressive elegance, with visible screws and push-pieces reworked to appear part of the case.
    The watch is made from such avant-garde materials as titanium (for the case), carbon (for the split-level dial), and anti-allergenic technological fibre (for the strap), married to watchmaking functions that evoke the awesome savoir-faire of the Fleurier Watch Company: the hour-and-minute display in the centre of the dial is surrounded by four skillfully juxtaposed sub-dials with original, extra functions (including chronograph, date and 24-hour time-zone index). The automatic movement, with 18-carat pink gold rotor, can be admired through a transparent case-back.
    Watchmaking tradition transcended! The watch is edited in a limited series of 275, and offered for sale with a revolutionary concept ideally suited to the era of new technologies: much in the manner of an iPhone or iPad, all data linked to the model (guarantee, aftersale service, orders for further timepieces) is entered on a USB key given to the owner and activated on-line at time of purchase.
    Another novelty: each Arcadia model comes with a travelling case in supple, ultra-resistant neoprene for easy transport and maximum protection.

  • Richard Mille - Queens Sponsor and More


    WORLDTEMPUS - 14 June 2010


    "It's not Tiffany's, it's NASA," Mille leaned over and told me at lunch in the President's Room at the Queens Club in London, where he had gathered a few business partners and journalists to watch the semifinals of the Aegon Queens Club tournament in London. The idea was to cheer on his sponsored player, world number one Rafael Nadal, in the semifinals—but Nadal had lost the previous day in the quarters to fellow young Spaniard Feliciano Lopez. The clever saying Mille repeated to me was actually nicked from Miguel Seabra, Portuguese watch journalist and tennis commentator for Eurosport. Seabra had coined the phrase during the French Open the previous week to aid in explaining the significance of the obvious black watch Nadal wears on court to his tennis colleagues from the press. Nadal and the watch have been experiencing heavy critique for the RM 027 RN's price tag of $525,000—a price that can certainly seem exorbitant to the casual spectator.

    Indeed, this is an unusually high fee for a watch with no bling even in the watch industry, but Mille explained that the price was actually justified as it is outfitted with a tourbillon and—particularly—it has needed thousands of hours of development as well as a trial-and-error period on court with Nadal for almost three-quarters of a year to discover its weak points, correct them, and make the watch light enough for wear on court (it weights 13 grams without strap and 18 with the rubber attachment). To achieve this lightness and continue to ensure the accurate functioning of model RM 027 RN a number of new materials new to the watchmaking industry such as LITAL, an alloy of aluminum, lithium, copper, magnesium and zirconium, were used. This alloy is also utilized in the aerospace industry—on the Airbus A380; in helicopters, rockets and satellites—and in Formula 1 racecars. Using materials outside the established watch industry like this is a Richard Mille specialty. The company's previous partnership with Formula 1 driver Felipe Massa helped research its extreme style of watchmaking in much the same way.
    "This is an extreme object," Mille describes Nadal's watch. "Divide all the R&D plus all the test watches needed by the fifty pieces that are available in the limited edition, and that is about the price that comes out," he explained to me during the Queens tournament. "Whatever I have to invest , is what I invest."

    Nadal, who Mille describes as "not an ambassador, but a true partner," will next play at the tennis world's Olympus: Wimbledon. At the grass-court tournament, where the players are obliged to play in all-white clothing, the RM 027 RN (48 x 39.7 x 11.85 mm in size) will stick out like the proverbial sore thumb—particularly since none of Nadal's colleagues wear a watch on court except Justine Henin, who has made the personal choice to play with a Rolex perched on her left wrist. Whether the tennis press will continue to shake heads at it, though, remains to be seen. Perhaps by then Seabra will have been able to spread the gospel: bling this is not.

  • Christie's - Sale results



    SFr.6,259,000, $5,708,833, €4,393,192
    Patek Philippe - an 18K gold perpetual calendar chronograph wristwatch, ref. 1527  
    Estimation: SFr.1,500,000-2,500,000  
    Buyer: Swiss Private Museum
    Patek Philippe - an 18K gold perpetual calendar chronograph wristwatch, ref. 2499  
    Estimation:SFr.600,000-900,000  
    SFr.963,000 , $878,352, €675,929  
    Buyer: Anonymous
    Patek Philippe - an 18K gold full calendar wristwatch, ref. 96 
    Estimation: SFr.600,000-900,000  
    SFr.723,000, $659,448, €507,473  
    Buyer: European Collector
    SFr.723,000, $659,448, €507,473  
    Patek Philippe - an 18K gold hinged single button chronograph wristwatch, manufactured in 1924  
    Estimation:SFr.400,000-600,000  
    Buyer: European Private
    SFr.675,000, $615,667 ,€473,782 
    Patek Philippe - an 18K pink gold perpetual calendar chronograph wristwatch, ref. 1518  
    Estimation: SFr.500,000-800,000  
    Buyer: European Collector
    SFr.603,000, $549,996 , €423,245
    Patek Philippe - a stainless steel chronograph wristwatch with two-tone silvered dial and luminous hands, ref. 530, manufactured in 1942 
    Estimation: SFr.500,000-700,000  
    Buyer: European Private
    Patek Philippe - an 18K pink gold dual time zone wristwatch, ref. 2597  Estimation: SFr.350,000-500,000  
    SFr.555,000, $506,215 , €389,554  
    Buyer: Asian Collector

    SFr.531,000, $484,325 , €372,708  
    Patek Philippe - an 18K gold perpetual calendar wristwatch, with moon phases, ref. 1526  
    Estimation: SFr.300,000-500,000  
    Buyer: European Collector
    SFr.459,000, $418,653, €322,172   
    Patek Philippe - an 18K gold automatic perpetual calendar wristwatch,  ref. 3448  
    Estimation: SFr.250,000-350,000  
    Buyer: European Collector
    SFr.447,000, $407,708, €313,749  
    Rolex - 18K pink gold triple calendar chronograph wristwatch, ref. 6036  Estimation: SFr.200,000-300,000  
    Buyer: European Private
    _________________________________Geneva - With nearly 370 watches offered, Christie's "marathon auction" in Geneva achieved an outstanding total of $21,099,940 / SFr.23,133,363 / € 16,237,307, far exceeding its pre-sale total estimate of 13 to 18 million Swiss francs and selling 96% by value and by lot, with a record attendance of 831 bidders from 5 continents.
    The Top Lot of the sale was a unique Patek Philippe chronograph wristwatch, ref.1527, which sold for $5,708,833 (SFr.6,259,000 / €4,393,192) against an estimate of SFr.1,500,000-2,500,000 and became the new record price for any yellow gold watch ever sold at auction (pictured above right.) The blockbuster event of the European auction season of haute horlogerie, Important Watches - Including A Connoisseur's Vision Part II, confirmed once more Christie's undisputed global leadership in the market of fine collector's watches.
    Aurel Bacs, International Co-Head of Christie's Watch Department , commented: "The extraordinary results Christie's achieved today in Geneva with Important Watches - Including A Connoisseur's Vision Part II reflect the passion of an increasingly broad audience of watch lovers and collectors. We are proud to announce that following the success of last November's sale of A Connoisseur's Vision Part I, the second part of the most important private collections of Patek Philippe wristwatches in the world ever offered at auction, now also become the most expensive one ever sold. As with the Part I sale, 100% of the lots were sold with a combined total of almost SFr.16 million, led by the Mona Lisa of all watches, the unique Patek Philippe chronograph wristwatch, ref.1527, which sold for an outstanding $5,708,833 (SFr.6,259,000 / €4,393,192) to a Swiss private museum. Throughout the sale, the room was packed with buyers from all over the world, and an additional 250 bidders participated online via Christie's LIVE™. European bidders were fiercely challenged by international collectors, especially buyers from China. I was also pleased to see b competition for the very first example of the book 'Ultimate Rolex Daytona', scheduled to be released in the Fall, which sold SFr 43,750, with proceeds to benefit the Red Cross. HK" Although wishing to remain anonymous, the consignor of "A Connoisseur's Vision" Collection declared: "I cannot help but express all my gratitude to Christie's and their extraordinary Watch Team in Geneva for the amazing work they did to study every single piece of my collection and to make a wider group of international watch lovers aware of the importance and sophistication of Patek Philippe vintage watches. I started buying watches in the 1970s, at a time when these amazing objects appealed to very few collectors and even fewer scholars were exploring this charming field. In my opinion wristwatches are the most beautiful wearable item created in the 20th century and I am sure that pieces such as the unique Patek Philippe reference n.1527 will be on show at decorative arts museums, alongside the specialized institutions that currently buy them for their collections."

  • Wempe - Porsche Ice Force and AMG Winter Driving


    WORLDTEMPUS - 19 April 2010

    I decided to extend my annual trip to Geneva's S.I.H.H. in January and visit any car buff's Holy Grails: the Porsche and Mercedes Benz museums in Stuttgart as well as a personal tour through the AMG factory in Affalterbach. I was actually welcomed there with a proudly displayed American flag—now that's attention to detail. As if that wasn't enough, I ventured on to partake in the Mercedes AMG Winter Driving event in Arjeplog, Sweden, and a few weeks later the Porsche Ice Force in Ivalo, Finland.


    The experience was incredible: the Mercedes AMG E63, C63 and SLK55 and the Cayman S, 911 C2S, C4S, Turbo and Panamera 4S are all equipped with studded winter tires to gain traction on the giant frozen lakes' endless tracks. I basically drove sideways from 9:30 am until 5:00 pm for three days straight, only interrupted by coffee breaks and sumptuous lunches with 40 other car enthusiasts from all over the world.
    Being in the watch business, I thought it would also be a great opportunity to test a few of the world's best sports watches under these frigid conditions—so I left a Rolex Deepsea, an Audemars Piguet Royal Oak Offshore, a Panerai Marina Diver, and our very own limited edition Wempe Zeitmeister ceramic chronograph outside overnight at -24°F. Needless to say, I slept a little uneasy having watches worth over $55,000 lying in the snow on my balcony unattended, but then again, nobody would have suspected these kinds of treasures there either.


    This was an experiment I wouldn't have dared to pull off in New York. All watches performed well, by the way, and even the rubber straps survived the night in the cold without becoming brittle. As for the driving experience, it was exhilarating and certainly has greatly increased my car control skills. We kept the Porsche Cayenne and Mercedes ML drivers busy as we overshot corners and turns just to find ourselves in two feet of snow.
    The beautiful thing was that you couldn't get hurt or damage the cars. I'm not quite ready to initiate the drift with the brake when I turn on Fifth Avenue into 55th Street in front of the Wempe store, but it sure is tempting.

  • Rolex - Basel 2010


    WORLDTEMPUS - 20 March 2010
    It could have been an uneasy herd of impatient fans prior to a rock concert about to start for onlookers that did not have an interest in horology, but just happened to stroll by Hall 1 in Basel. However the impatient herds of bloggers, collectors and journalists did not wait for a big-ticket name in the music business to go on stage, but for a ditto in Swiss horology, Rolex, to reveal its novelties.
    Every year watch related websites start discussing what the leader of Swiss watch making might introduce of novelties once the doors open. Yet nobody knows for sure, since Rolex is as secretive with their novelties as their Oyster-cases are waterproof.

    This year, however, the introduction of a steel Submariner with maxi case and ceramic bezel insert was not much of a surprise. Such is the evolution of Rolex. Gold first, then steel/gold and now steel. The "aaaaahhhh" reaction did arise though, when the first impatient souls reached the mirror polished exhibition windows on Wednesday March 17th, when Baselworld opened its doors. The surprise reaction was due to a green dial and ditto ceramic bezel version of the Submariner of steel that paired up next to the black version at Rolex's impressive stand.


    Green may not be a colour embraced as joyfully by everyone as the Irish on St. Patrick's Day. This could be why Rolex decided to introduced a 39 millimetres version of what could easily be considered as one of the best looking models of all time, the legendary Explorer. A watch famed by Sir Edmund Hillary and Tensing Norgay's Mt. Everest exhibition in 1953. Both of them wore Rolex Oyster Perpetuals, creating yet another achievement for the Swiss watch company who used the world as a laboratory to test its watches under real conditions, since the young Mercedes Gleitze swam across the English Channel, wearing a Rolex Oyster, in 1927.


    The clean military look of the Explorer has not changed. But the new size of 39 millimetre - which is three millimetre bigger that the earlier version, ref. 114720 - is a perfect reason to rediscover a watch that has too long been considered too small for men and too masculine for women. This said, many women might just embrace this new size Explorer, as big watches are still popular on female wrists.

  • Rolex - 50th anniversary of Piccard's bathyscaphe deep dive

    50 years later, this deep dive into uncharted waters not only remains an unmatched record but constitutes a milestone in underwater exploration and in increasing awareness of the need to better protect the oceans.


    Fifty years ago, Rolex and the bathyscaphe Trieste made history when US Navy Lieutenant Don Walsh, accompanied by Swiss oceanographer Jacques Piccard, piloted the US Navy vessel to the bottom of the Challenger Deep in the heart of the Mariana Trench, some 200 miles off the island of Guam in the Pacific Ocean. Strapped to the outside of the Swissdesigned submersible was a Rolex watch. A third-generation Rolex prototype of the Deep Sea Special was specifically engineered to withstand the tremendous pressure that would be encountered, approximately eight tons per square inch, at a depth of over 10,900 meters (35,000 feet) in the Challenger Deep.
    When the Trieste and her intrepid crew of two surfaced over eight and a half hours later, they had completed the deepest dive ever undertaken by a vessel - manned or unmanned - and the Rolex Deep Sea Special was in perfect working condition. "Happy to announce that your watch works as well at 11,000 meters as it does on the surface", Piccard wrote in a telegram addressed several days after the dive to the Rolex headquarters in Geneva.
    Their successful voyage to the still deepest known place in the Earth's oceans not only set a record that has never been broken, but also constituted an important milestone in the exploration and knowledge of the underwater world, an environment that was little known at the time despite its crucial role for man and his survival on earth.
    Nearly seven miles below the surface, Walsh and Piccard used the light from their mercury vapor lamps to witness something never seen before: marine life at the very bottom of the ocean, previously believed to be unsustainable under such pressure and in the total absence of light. A discovery that astonished the global scientific community and contributed to increasing awareness of the need to better preserve our oceans.
    Protecting the "blue heart of the planet"
    "We are very dependent on the natural systems that sustain us. If we take care of the ocean and the rest of the natural world, we're really taking care of ourselves", said Sylvia Earle, the pioneering US marine biologist and Rolex Testimonee who has dedicated her life to the protection of what she calls the "blue heart of the planet".
    Walsh and Piccard's achievement brought Rolex and its extraordinary technology into the public consciousness for its scientific value. Moreover, special notice of the feat was also taken by the elite diving community who would come to treasure Rolex watches as essential tools of their trade. In water, Rolex is in its element and the name of its iconic waterproof wristwatch, the Oyster, is no accident.


    In the years following the Trieste's "deepest dive", the Rolex Submariner was the watch of choice for the US Naval School for Deep Sea Divers and for the US Navy's SEA-LAB program which also provided robust developmental testing, in advance of the Rolex Sea-Dweller's introduction in 1967.
    From the creation of the Oyster in 1926 to the utmost test of its prowess in Mercedes Gleitze's 1927 English Channel swim, on to the introduction of more and more sophisticated waterproof models since then to the present, Rolex has continuously sustained its commitment to being at the forefront of manufacturing watches that resist water and are ultimately compatible with water-related activities and underwater research.
    Rolex milestones include: the Submariner created in 1953, originally waterproof to a depth of 100 meters and today to 300 meters (100 feet); the Deep Sea Special prototype of 1960 that withstood the pressure at Earth's deepest point; the Sea-Dweller presented in 1967, waterproof to 610 meters (300 feet) and featuring a helium valve to protect it during deep dives; the 1978 Sea-Dweller 4000, waterproof to 1,220 meters (4,000 feet); the revolutionary Rolex Deepsea of 2008, waterproof to 3,900 meters (12,800 feet).
    The world's most noteworthy exploits
    Rolex has always been proud to be associated with some of the world's most noteworthy exploits: Sir Edmund Hillary's ascent of Everest, Chuck Yeager breaking the sound barrier, Roger Federer becoming the champion of champions in tennis, the many victories of Arnold Palmer, Gary Player and Jack Nicklaus, the legendary "Big Three" in the golf world, the triumphs of sailors in major races like the Rolex Sydney Hobart, to name but a few.
    The integrity of these champions and their achievements go hand in hand with the outstanding quality and precision of the Rolex watches they were wearing and the well-earned reputation of the company that stands behind these exceptional timepieces.

  • Haute Horlogerie - South America, a small but steady market

    HH Magazine - # 29, July-August 2009


    To judge by its depiction in what Americans call "B Movies", South America would either be a jungle where cigar-smoking drug lords shoot at each other or an endless carnival where women in bikinis dance on a beach while their boyfriends play football. Though one may, in fact, run into scenes like this at some locations, the sub-continent is really made up of many different countries that represent a small but steady portion of the Haute Horlogerie market.
    Brazil, the "B" in BRIC (the acronym for "Brazil, Russia, India, China", the four most rapidly-developing economies in the world), is both the largest and most populated country. Whereas most South Americans tend to calculate any local price in terms of its equivalent in US dollars, Brazilians prefer to think in terms of their own currency. Maybe it's because they're the only ones who speak Portuguese or, more probable, because they are the most powerful in terms of their economy (their many FIFA World Cup wins also contribute to their national pride, by the way).
    Brazilians have a rich tradition in jewelry, and their top brand, H. Stern, has worldwide reach. The Haute Horlogerie market, on the other hand, is relatively less developed. It is, however a larger market for the sport elegance and sport technique segments: Brazil is Rolex's ber market in the area, and at this point, the brand making more progress seems to be Breitling, who has recently opened a local branch. And even with the ongoing crisis, other well-established names like Omega also manage to show reasonable numbers.

    Read more...

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