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Top Quality Rolex Automatic Watches (2164) Items
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  • 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.

  • Foreword - A quarter-century in resolutely feminine mode

    Exuding a free-spirited, independent, impetuous, innovative, welcoming, soft, comfortable and elegant aura for the past 25 years, the SIHH certainly qualifi es for a number of adjectives typically associated with the fair sex. The SIHH will be celebrating its quarter- century in January 2015, and like countless other women, it has left an indelible imprint on the measurement of time.

    Women have constantly and variously served as the poet's secret muse, the artist's precious inspiration, the politician's wise advisor or the musician's perceptive shadow. They have occupied a prime role in History, whether in the spotlight or in the background, consistently exercising authentic infl uence, whether deliberately or not. Nor should one forget that women have been, still are and always will be the great civilizing power in the world! Horology is no exception to the rule and its history has been regularly punctuated by women. The latter notably inspired wristwatches and were the fi rst to wear them : from Elizabeth I of England to the dainty jewelry models of the Directory and Empire periods, right the way through to Mercedes Gleitze who swam across the channel with a Rolex Oyster watch on her wrist.

    Today, if "woman is the future of man" as the French poet Aragon famously proclaimed in 1952, women's watches are undoubtedly the future of the watch itself. 25 years ago, in taking on the seemingly crazy challenge of creating the fi rst show dedicated to Fine Watchmaking in Geneva, the cradle of the industry, the SIHH endowed Haute Horlogerie with its authentically global dimension. Ever since, year after year, it has been setting the tone for watch trends, catalyzing ceaselessly renewed and perpetuated innovations, expertise and skills. It is endowed with a unique ability to unite, to share, to love and to spread the love. Because the SIHH is feminine to the core !
    Fabienne Lupo
    Chairwoman and Managing Director of the SIHH

  • Jeanrichard - Ian Wright helps launch special Arsenal watch and clock set

    Former Arsenal striker and England international Ian Wright was the guest of honour on the Jeanrichard stand at SalonQP for the launch of the brand's new limited-edition Arsenal Terrascope chronograph in carbon fibre.

    He may not have been the most obvious choice to line-up alongside the brand's CEO Bruno Grande, since he is not a member of the Arsenal squad and thus has no direct ties with the brand. In fact, his relationship with Jeanrichard came about more by chance.

    "We were contacted by Ian Wright because he wanted to see the watches," explained Bruno Grande. "We don't have a direct association with him (we couldn't afford it), so he's a genuine friend of the brand and we have plenty more celebrities gravitating around the brand thanks to Arsenal." 

    After patiently posing for photographs with visitors to SalonQP, Ian Wright corroborated this story for WorldTempus. "A business colleague of mine told me about Bruno and what he was doing. I hear about this kind of thing all the time but when I finally sat down with him and listened to him speaking about the watches I could tell that he was as passionate about the watches as I am about football. The way he talked about the watches and the history dating back to 1681 was fascinating. And it came at a time when I was getting back into watches so I was in the market and I wasn't sure what to get. I like the fact that it's classy and understated, and because I wear it on my right hand, everybody notices it."

    The reason the former Arsenal forward was "in the market" was a particularly harrowing aggravated burglary at his home over the summer, during which his wife was held at knifepoint while his children were upstairs. Wright himself was in Brazil commentating on the World Cup for UK television and had to fly home to comfort his family. Apart from the emotional stress of the event, one of the physical losses he suffered was the theft of his entire watch collection, which included connoisseur models from the likes of Patek Philippe and Rolex. The unfortunate event has also led to a change in this collector's philosophy about watches.

    "It's almost like starting again," he said. "I'm most probably going to end up with a few Jeanrichard watches and I will probably buy the one they just launched. But what I will do now is buy watches to wear rather than collect. I still have a 1969 Paul Newman Rolex (the thieves didn't get that one because it was being repaired at Rolex) and I'm going to start wearing it."

    The new limited-edition model is the first chronograph in the Jeanrichard Terrascope line and comes with a new case in single-ply carbon, which has a uni-directional finish similar to brushing, even though the case undergoes no separate finishing after it is machined. It comes with the signature Jeanrichard "rubbergator" strap (rubber that is stamped to resemble alligator leather) with red stitching and, of course, the cannon of the Gunners as the small seconds counter. This strictly limited edition, of which only 50 will be produced, comes complete with a certificate of authenticity signed by three players from the current Arsenal squad, as well as - unusually - a 30cm diameter Jeanrichard wall clock.

    But why does Ian Wright prefer Jeanrichard in particular, when as a football pundit travelling around the world to cover the major soccer events he gets to experience the marketing activities of various watch brands, as well as compare tastes with his peers?
    "Footballers went through a phase of wearing massive watches," he explains, "which I call the silly phase. But what you see now is that they are going more for the elegant pieces, which is what I have always thought was synonymous with watches."

  • Chanel - Lasting luxury in the heart of Parisian culture

    The boutique was open for three months ending on September 1, in time to take advantage of the summer tourist season. In a crisp decor bathing in the signature black and white colors of Coco Chanel, the boutique showcased some of the house's iconic models, immortalized by the talents of the photographer Patrick Demarchelier who shot Chanel's most recent publicity campaign titled "L'Instant Chanel."

    The boutique offered museum visitors, on their way to see Leonardo da Vinci's Mona Lisa, a chance to admire Chanel's new J12-365, the new Premiere with its triple row bracelet, and the J12 Blue Light, a version of the J12 in white "hi-tech" ceramic and luminescent blue numerals.


    "The idea of the pop-up store was a reference to 1987 when we first opened a boutique dedicated to watches on Avenue Montaigne that launched a new era in watchmaking for Chanel," said Nicolas Beau, international director of Chanel Horlogerie. "Our goal has always been to make beautiful watches where mechanics are at the service of aesthetics," Mr. Beau said.

    For a brand that places a high value on creativity and aesthetics, the enclosure of Musee du Louvre, one of France's most revered cultural venues, offers the means to combine the experience of a luxury boutique with that of an art museum. For Chanel, it is a means to intimate the association between luxury and cultural heritage, inscribing its luxury products in the long-term tradition of culture.

    "The appeal of Chanel's products is their lasting appeal," Mr. Beau explained.  "The Chanel no. 5 perfume has been around since 1921. It is not a trend-based product. The same is true of the little black dress and the quilted Chanel bag."

    The relationship to art allows luxury products to acquire the characteristics of art by association, including uniqueness, legitimacy and permanence. "Chanel makes products that last and remain desirable," Mr. Beau said. "Few luxury brands have a portfolio of products with an endless lifetime. That is what lives in the Chanel name and was invented by Gabriel Chanel."

    Over the years, Chanel has experimented with the idea of connecting art to its luxury products. In 2008, for instance, it commissioned the Mobile Art Pavilion, a 700-square meter futuristic structure designed by the Pritzker-award winning architect, Zaha Hadid, filled with works commissioned from 20 international contemporary artists asked to interpret the brand's iconic quilted 2.55 handbag, the black, stitched-leather purse designed by Coco Chanel in 1955.


    Establishing a presence, ephemeral or not, in close proximity to the Louvre, a prime international cultural destination, also enables luxury brands to benefit from the rising trend in cultural tourism.

    Last year, the Louvre welcomed 9.3 million visitors making it not just the most visited attraction in Paris, but also the most visited museum in the world, ahead of the British Museum in London (with 6.7 million visitors) and the Metropolitan Museum in New York (with 6.3 million visitors), according to figures published last April by the Art Newspaper.  

    According to Paolo de Cesare, Le Printemps's president, a luxury goods department in the commercial area of the museum enables tourists to satisfy their two principal reasons for being there, luxury shopping and culture.  

    The Louvre expects attendance numbers to rise by 30 percent over the next decade, forecasting some 12 million visitors by 2025. Le Printemps du Louvre estimates its revenues to top €20 million this year alone.

     A number of high-end watch brands including Chopard, Rolex, Montblanc, Hermes and Parmigiani are already present in the Carrousel du Louvre. With the 2014 edition of the Salon des Belles Montres set to take place in the same venue next November, the list is likely to grow.

  • Armin Strom - Elementary watchmaking

    Building up a brand that is essentially trading on the name of a single person is not an easy process, particularly when that person was renowned for his skeletonisation work, which by its very nature meant relatively low volumes.

    Armin Strom the man stood as a reference in the skeletonisation of watches, earning himself a mention in the Guinness Book of Records in 1991 for the smallest hand-skeletonised ladies' watch (12.5mm diameter) and working on hand skeletonisation for some major Swiss brands.

    As he approached retirement, however, Armin Strom sought investors to continue his legacy in the form of a brand. But such a brand could not grow on the basis of skeletonisation alone…


    Brand building
    The transition started in 2006 and the new brand emerged thanks to several fortuitous events. Firstly, it was lucky enough to acquire in 2008 premises that had been occupied by a micro-stamping facility of Rolex, which were thus perfect for installing watchmaking machinery. Secondly, the financial crisis at the time offered a blessing in disguise for the new investors, who managed to purchase "for a song" some CNC machines that had been pre-ordered but cancelled by other brands.

    The premises were fitted out between January and August 2009 and, astonishingly, by the end of 2009 Armin Strom had already presented its first in-house mechanical calibre. Today, only five years later, Armin Strom is a veritable brand boasting 12 different in-house calibres and a clearly structured collection, with each line - from the Manual up to the Tourbillon Gravity (the "Gravity" appended to an Armin Strom model means that it is powered by the force of gravity and is thus self-winding) being offered in four "elemental" configurations: Air, Earth, Fire and Water.


    The elements
    Aside from ensuring an unparalleled consistency of design across the line, the use of the elements offers four highly distinct looks to each line. The "Air" models, suffused with white on the strap and outer "ring" (the watch has no dial, in continuation of Armin Strom's philosophy of skeletonisation), are the most feminine, while the black PVD case of the "Earth" models and black ring with black leather strap, offers the masculine opposite. In between are the more classic designs of the "Water" models, with their stainless-steel case and the luxury touch of the "Fire" models, with an 18-carat red-gold case.


    The "lip" at 6 o'clock on the case is also a distinctive trait of Armin Strom and stems from the craftsman's desire to have a space on the watch for personalization. A subtler, yet equally important, distinguishing characteristic is the slightly off-centre axis for the hour and minute hands, which is the brand's way of highlighting the in-house provenance of its movements. Only a company in total control of its own production and unreliant on third parties can allow itself such a discreet luxury.

    Just like the much bigger brands whose shadow Armin Strom lives under in the industrial watchmaking city of Biel, the company employs a powerful combination of partnerships and ambassadors in its marketing portfolio, the most significant of which is undoubtedly the brand's association with the Marussia Formula 1 team, which is already in its fourth season.

    Despite the communication efforts akin to a big brand, Armin Strom's pretensions remain modest. Its annual production hovers around the 1,000 mark and its latest collections, such as the Racing collection that is hitting the stores around now, are only produced in limited quantities, in this case only 100 units per reference. It's a level of rarity that could be qualified as reassuring for this remarkable niche manufacture brand.

  • From Zenith to Rolex - The giant leap of Jean-Frederic Dufour

    Undoubtedly besieged by newsdesks from all over the world, the green giant with the crown thus decided to react with these two sentences sent to the media: "Rolex confirms the arrival of Jean-Frederic Dufour, current CEO of Zenith, to ROLEX SA to take over the direction at a date still to be determined, and in agreement with the company's standing CEO, Gian Riccardo Marini. All other communication will be released in due course."

    This is a big surprise in industry circles, since nobody expected Jean-Frederic Dufour to leave Zenith in the middle of its resurgence, nor Rolex to change managing director again so soon. Under the influence of the man from Geneva, Zenith had once again started to experience b growth. One of the symbols of this new direction was Zenith's sponsorship in 2012 of the fastest man in the world, Felix Baumgartner, the famous adventurer who broke the speed of sound in freefall from a capsule on the edge of space at an altitude of 39,000 metres.

    After the stars of Zenith, the loyal captain of Jean-Claude Biver (the boss of LVMH's watchmaking activities) now sets sail for the crown of Rolex. A yachtsman in his free time, he will undoubtedly be looking forward to attending a few stops on the Rolex circuit, since this brand is one of the most heavily involved in sailing with events on all oceans from January through to December.

    In what is either a coincidence in career paths or a genuine acknowledgement of the "Chopard school", Jean-Frederic Dufour will be bumping into his former colleague from Chopard, Philippe Peverelli, once again in the corridors, since he heads up Tudor, the other brand in the Rolex group. From Le Locle to Geneva is a small step for a commuter but from Zenith to Rolex is a giant leap for its boss.
     

  • 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.

  • Collecting - Vintage Value Equation (1)


    WORLDTEMPUS - 2 August 2012

    Every vintage watch is different. Accordingly, a collector determining the value of each vintage wristwatch comes down to putting values into an equation. And, ultimately, each watch has its own value equation. Knowing how to quantify and calculate the variables in the equation is equal parts experience, education, astuteness, and power of observation. While there is no substitute for experience, there are resources that can speed up the learning curve: an expansive collector's library, bookmarking the best websites, and - frankly - buying and selling as many wristwatches as you can responsibly afford.
    As I explained to my wife many years ago (I don't think she believed me, but it's true), "Every time I buy and own a watch, I learn about the watch and learn from the transaction." Don't underestimate the learning also garnered when a watch is sold. You quickly learn which brands and models are the best to collect (which also equates to investing in), and which watches are better left to looking at pictures of.
     
    The first order of magnitude, in establishing the value of a vintage watch is authenticity. While a counterfeit watch has value in the sense that it may (or may not) keep time and may look nice, we are talking pennies on the dollar (and sometimes much less) in terms of comparing the value of a counterfeit watch to its authentic counterpart. Our starting presumption and the first step in the evaluation of any wristwatch must be: is this watch authentic?


    For the beginning collector, this is easier said than done. If you are going to be buying most of your watches from an established watch dealer, you can piggy-back on his or her experience and trust that you are purchasing authentic watches. Any dealer worth doing business with will guarantee the authenticity of any and all watches and will put that pledge in writing and offer a lifetime money-back guarantee should a watch turn out to be less than 100 percent authentic. Buying from established dealers allows you to safely spend your money and learn from each watch that you buy. Obviously, the dealer works on a profit, and buying from him or her may mean you are paying more than if you venture out into the wild by yourself. However, in my opinion, the extra layers of protection are worth the premium.
    This is where spending big on a watch library before you start spending big on watches will really pay off. There are numerous watch books available, all of which are illustrated with pictures. From coffee table books, magazines and watch annuals to auction catalogs and collector's value guides, each and every book will advance your education. Many of the Italian collector's books are excellent (and expensive, but worth every penny). There are Japanese books and magazines usually focused on Rolex watches that feature amazingly in-depth picture series on the various models and their iterations over time. The Antiquorum auction house offers many, also available on Amazon and eBay. Unfortunately, many of the best books are now out of print. However, my advice is to spend liberally on books. Even after you are an experienced collector, you will find yourself referring again and again to your library. I know I do, every day.


    Democratization of information is the essence of the Internet. There is no limit to the amount of learning one can achieve online. Antiquorum's online database of auction results is an educational goldmine. You can study the pictures of watches - each picture can be clicked on to open up a high definition image - and find out both what the experts on staff predicted the value of each watch would be at auction and what the watch actually sold for. Studying these results over time, one can learn which models do best in terms of value and which characteristics most closely correlate with a watch's value. Timezone is a great resource to spend days immersed in learning and DoubleRedSeaDweller is a magnificent website for Rolex Submariners and SeaDwellers. You should explore all that the Internet has to offer in terms of watch knowledge.
    However, there is simply no substitute for experience. You should strive to see as many watches as possible "in the metal." Holding watches in your hands, studying them under a loupe, feeling their weight, winding them, playing with their crowns and chronograph buttons, putting them on your wrist, and noticing every last detail is the surest way to know immediately if a watch is authentic and if it is not.

    Related stories:

    COLLECTING - Vintage Value Equation (2)
    COLLECTING - Vintage Value Equation (3)
    COLLECTING - Vintage Value Equation (4)

  • Colas - Watchmaking and the ventral striatum

    Recent scientific research conducted by German psychologists looked at the manner in which the brands condition, stimulate and influence our brains and therefore the manner in which we perceive reality. How do brands affect our brains and how also do incorrect information on the brands in question alter our perception right into the furthest recesses of our neuronal cavity. These are the questions that were asked by researchers Simone Kuhn and Jurgen Galllinat.
    Learnedly entitled "Does Taste Matter? How Anticipation of Cola Brands Influences Gustatory Processing in the Brain", their very serious experiment involved having MRI scans conducted on some 15 people (all perfectly sane, with no particular neurological or medical history, explain the researchers who also emphasise that "they were all right-handed" - doubtless because in left-handed people, the brain lobes are the other way round). Two specific areas of the brain were targeted: the orbitofrontal cortices, the home of subjective thought that given to different products one sees, and the ventral striatum, the area connected to reward and pleasure. An area which, as we will see, can "light up" at the slightest mention of a known brand, suggesting all the promises of "pleasure" that it is supposed to bring us.
     

    The MRI guinea pigs were given four samples of a cola drink through a tube for them to give their opinion of each sample on a scale from 1 to 8. However these samples were not anonymous - and prior to each ingestion (repeated several times in different quantities), the logo of the brand was quickly shown on a screen: Coke, Pepsi, River Cola (a cheap brand that is well-known in Germany) and an imaginary T-Cola. To reinforce the guinea-pigs' belief, they were allowed to see four large syringes, all different, duly labelled with the name of the various brands.
    Unsurprisingly, Coke and Pepsi won the vote hands down, leaving the other brands streets behind. Certain participants, the study explains, even express their b preference for Coke and Pepsi and their dislike of other brands. The glitch? The four mixtures were perfectly identical, and all strictly composed of a mixture of Coke, Pepsi, River and T in equal parts.

    The result of the MRI scan showed that the orbitofrontal cortex where worth is evaluated was less used in the case of well-known or recognised brands, because this worth is retained and accepted in our connections. If one transposes this into the realm of watchmaking, one could say that on the scale of watchmaking brands, the orbitofrontal cortex does not need to get involved when it hears the word "Rolex", but will work overtime at the sound of the brand "Von Graffenried & Cousins", for example.
    On the other hand, the ventral striatum which is the centre of reward and pleasure becomes active at the very name of a known brand - while it remains completely "silent" when it comes to unknown brands. Brands therefore have the power to arouse those neurones responsible for pleasure, reward and satisfaction to the point of preventive titillation.
     


    Continuing with the methodology used in the cola experience, could one apply the same research methods to watchmaking? This would not be about tasting an undetermined liquid, but rather for example being given a chance to discover the most recent model of a brand in an exclusive sneak preview.
    We might thus manufacture a watch representing a hybrid of several different models, including for example an Omega case, with a Rolex bezel, an Ice-Watch dial, Von Grafenried & Cousins pushers and Rochat & Meylan hands...The movement, also a perfect hybrid, could be presented as a Patek Philippe or alternatively a movement made in Shenzen and the strap leather as being made by Hermes or imported from Albania.
    The consumers undergoing the MRI would be told that they were going to be given an exclusive presentation of a brand new Rolex, Omega, Rochat-Meylan, Boomtime or Von Grafenried & Cousins model, a claim borne out by the logos on the watch.
    What do you think the result would be? How, for example, would the ventral striatum react to the announcement of a totally new Von Grafenried & Cousins model? Probably a scientifically measurable flat encephalogram, whereas on the contrary, one might well imagine that the very mention of the upcoming discovery of a brand-new Rolex model would trigger a whole host of neurones - especially among bloggers, whose ventral striatum would quite likely start performing a belly dance!
    Poor us!
    We thought that only our sacrosanct "free will" determined our choices and our intimate desires, but this does not appear to be the case. Something like Pavlov's dog which started salivating and slobbering simply when it heard the bell ringing signalling its food - and even if the food never appeared again - we unconsciously vibrate and get excited at the mere thought of promised pleasures that for most of us will always be unattainable.
     

  • 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


     

  • Christie's - Record-Breaking Watch Auction in Geneve


    Christie's Geneva auction sale of Important Watches including A Gentleman's Pursuit for Excellence, Part I fetched a total result of SFr.27,042,825/$28,557,223/€22,445,545, selling 96% by lot and 97% by value.
    The exceptionally rare platinum perpetual calendar chronograph wristwatch with moon phases, ref. 2499/100, manufactured by Patek Philippe in 1987 and offered from the collection of Eric Clapton, sold for SFr. 3,443,000 / $3,635,808 / €2,857,690, setting a world record price for this reference at auction.


    The top price of the sale was paid for the „J.B. Champion Platinum Observatory Chronometer, a unique platinum chronometer wristwatch, ref. 2458, which was specially manufactured by Patek Philippe for J.B. Champion, the legendary American watch collector, in 1952. This historically important timepiece realized SFr.3,779,000 / $3,990,624 / €3,136,570, setting a world auction record for a watch without complications.


    World record prices were also set for numerous references and models in the following categories: Patek Philippe, Rolex, Omega, antique and 20th century enamels, decorative watches and contemporary watches.
    Aurel Bacs, International Head of Christie's Watch Department, commented: "Christie's auction of Important Watches in Geneva performed extremely well, demonstrating great consistency at all levels in terms of watches, prices and clients. In a broad, healthy and ever growing market, where buyers demand expertise and scholarship, we offered once again the finest selection of watches and wristwatches. A packed saleroom, today's seven-hour marathon auction welcomed some 500 registrants from five continents, generating stellar sell-through rates as well as breaking numerous records. Collectors, public and private museums, the trade and also an investment watch fund, battled out the bidding for the best watches seen at auction this season, reconfirming Christie's market leadership in every horological category. This is our recipe: sourcing top quality properties, pricing them accurately, presenting them to the right audience, in the right place, at the right time".


    TOP LOT: J.B. CHAMPION PLATINUM OBSERVATORY CHRONOMETER
    The most valuable lot of the sale, an historically important and unique platinum chromometer wristwatch with Guillaume balance, Bulletin d'Observatoire, additional diamond-set dial and platinum bracelet, ref. 2458, made especially for J.B Champion by Patek Philippe in 1952, sold for SFr.3,779,000 / $3,990,624 / €3,136,570 (lot 88).
    ERIC CLAPTON'S PATEK PHILIPPE REF. 2499/100 IN PLATINUM
    Offered from the Collection of Eric Clapton, an exceptionally rare platinum perpetual calendar chronograph wristwatch with moon phases, ref. 2499/100, manufactured by Patek Philippe in 1987, sold for SFr. 3,443,000 / $3,635,808 / €2,857,690 (lot 151). Only once previously sold at auction in 1989, it then changed hands for $250,999.
    A COLLECTION OF ANTIQUE POCKET WATCHES MADE FOR CHINESE MARKET
    100% sold by lot and by value, the sensational collection of antique watches, comprising the different styles made for the export to China, fetched a total result of SFr.2,303,500 / US$2,432,496 / €1,911,905, exceeding its pre-sale estimate by five times. The top lot of the collection was an exceptional gold and enamel openface centre seconds duplex watch with enamel by Jean-François-Victor Dupont, made for the Chinese market by William Ilbery, London, circa 1815 (lot 194), which sold for SFr.651,000 / US$687,456 / €540,330.
    The majority of the pieces offered for sale were acquired by the present owner and her late husband during their repeated journeys to the Orient between the late 1950s and the 1970s.
    A GENTLEMAN'S PURSUIT FOR EXCELLENCE, PART I
    Part I of A Gentleman's Pursuit For Excellence, a superb private collection of complicated Patek Philippe wristwatches and pocket watches, totalled SFr.1,332,000 / US$1,406,592 / €1,105,560. The top lot of the collection was a white gold automatic perpetual calendar wristwatch with moon phases, ref. 3448, manufactured by Patek Philippe in 1974 (lot 316), which sold for SFr.387,000 / US$408,672 / €321,210.
    Part II will be offered at Christie's Geneva on 13 May 2013.

  • Collecting - Vintage Value Equation (3)


    WORLDTEMPUS - 16 August 2012

    Dials deserve special mention when talking about the originality of vintage watches because, in my opinion, an original dial comprises approximately half to three-quarters of the watch's overall value. For example, a vintage Rolex Daytona with a normal original dial is worth only half of the same watch with an original Paul Newman dial. A Rolex Submariner from the 1950s with its original unmodified dial is worth double the same watch with a later Rolex replacement dial. Naturally, very few such early watches survive to this day with original perfect-condition dials, but such pristine original dials exist. These perfect watches command a substantial price premium over watches with degraded, but otherwise original, dials. Degraded original dials command more value than OEM (original equipment maker) replacement dials.

    I mentioned last week how dials can be modified for aesthetic or functional reasons - known in the jargon as re-painted, as re-dialed, re-lumed, etc. - and dials that fall into this category have the least value. Fake dials, fairly prevalent on otherwise valuable original watches, have no value and are considered a serious demerit to the watch for obvious reasons. However, the other real parts of the watch have value, which is to be remembered for the serious collector who may have a collection of original parts accumulated over many years, which he or she can combine to form a watch comprising all original parts. So-called "put-together" watches are less than optimal because they are not original. As the years go by, however, and parts and/or entire watches get damaged, discarded or become otherwise unavailable, these spare original parts can result in a complete original watch that would otherwise be a broken or less-than-original watch. 


    It's not surprising that the dial is the most important part of the watch because the dial is how the wearer interacts with the watch. A compromise with the dial is a compromise in the enjoyment of the watch, and ultimately in its value.
    Cases and movements are also often less than completely original and, again, this can be for various reasons. Both are still critical factors in arriving at the value of a watch, however. Ideally, both the entirety of the case and movement will be original. Hopefully, the movement will have been serviced over the years and be running. If the movement needed or needs parts, OEM parts are preferred. However, the bottom line is that the watch is running. An original movement with some non-original parts is preferred to a broken movement that doesn't run. In more complicated watches, especially vintage Rolex Daytonas, the movements are sometimes not original. Vintage Daytonas were powered by Valjoux movements that were commonly found in other quality chronographs of the era. A vintage Daytona may have the Valjoux movement numbers 72B, 722, 722-1 or 727. Rolex made their own modifications to these movements and, of course, engraved the bridges. Given the value of vintage Daytonas, resourceful crooks have "put together" vintage Daytonas using real Valjoux movements from non-Rolex watches (without the Rolex modifications or with faked modifications), and a combination of other real or faked parts. Watch cases are not usually counterfeited, but you may find a Universal Geneve case masquerading as a Daytona case.


    One other point needs to be made about cases and movements: Rolex stocks replacement cases and replacement movements for watches received for servicing with irretrievably compromised parts. These cases often have a distinct serial number starting with the numeral 44. Likewise, the movement in a vintage watch may be a replacement movement if the original was rusted or somehow destroyed. Knowing which movements belong in which watch is a matter of experience and building an excellent resource library; so many part numbers can get confusing for anyone.
    The condition of the watch is the next most important variable in determining the watch's value, and sellers grade condition. Some sellers will use a number scale with 100 percent condition meaning the watch is as perfect as new. Other sellers use words like mint, mint+, near mint, excellent, etc. I like to believe most sellers make an honest attempt to describe their watches accurately. Not surprisingly, the seller often describes the condition of the watch more optimistically than the buyer will describe it once receiving it. So if you are buying a watch, make the guarded assumption that the seller's condition assessment is probably optimistic.
    Obviously, the better the condition of the watch, the more valuable it is. As such, there are some specific things to pay attention to and there are tradeoffs. Every collector has to decide what is most important to him or her in this regard.


    Specifically, when a watch case leaves a factory it is new, shiny and not diminished from being polished. Some collectors put a premium on a watch that has been polished so that its surfaces are clean enough to give the appearance of being like new. Other collectors prioritize originality over appearance. A watch case has a specific finish when it is new, and many watches have a combination of alternating finishes like mirror-polished, matte, sandblasted, or brushed surfaces. If a watch returns to its manufacturer for service, the watchmakers will restore the original finish, which is important. Using Rolex once again as an example, many Oyster cases are brushed on the top surfaces of the case, mirror-polished on the sides, and the case back is mirror-polished on its outer ring and brushed in the center. The center may be concentrically or laterally brushed. Send a watch to Rolex for service and it will come back looking perfect.
    However, careless watchmakers have ruined hundreds of thousands of watches by applying a mono-finish when working on a case. I have seen far too many fully mirror-polished Rolex cases and all brush-finished Panerai cases that should have been polished. Fortunately, this is reversible, but remember: each and every time a watch case is polished, metal is eroded and lost forever. Also, check the case for serial and model numbers and other engraving or printing that should be on the watch. All should be crisp and legible. Many cases have been polished to the point where original markings are either illegible or removed altogether. On precious metal watch cases, look to make sure that the metal's hallmarks are present. If you are looking at what appears to be a gold or platinum watch, the case should have hallmarks. Finding a crisp, deep hallmark means the case is both made of the metal it purports to be made from and has only been lightly or never polished.

    Related stories:

    COLLECTING - Vintage Value Equation (1)
    COLLECTING - Vintage Value Equation (2)

    COLLECTING - Vintage Value Equation (4)

  • 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.

  • Rolex - Handy Complication

    Worldtempus - 11 March 2012

    Undoubtedly, the Sky-Dweller is Rolex's showstopper for this year. It is not only a totally unexpected new model - since everyone was expecting a new Daytona, as that model was introduced 50 years ago - but also sports a brand new complication, the first in 60 years: an annual calendar.
    When Rolex introduced the Yacht-Master II in 2007, this model with its regatta-dedicated countdown was as far as the famed Swiss watch company had gone in terms of mechanical complications. With the Sky-Dweller launch, however, Rolex shows that it can do so much more than the well-known - and highly respected - Yacht-Master, GMT and Daytona in terms of complications. With the Sky-Dweller, Rolex clearly shows that the company can be a horological powerhouse. When it wants to.

    Surprised?
    Why do we even act surprised? We already saw complicated Rolex models with calendar functions and moon phase indicator back in the 1940s and '50s. But that was then, and this is now. And even now, the Sky-Dweller is a strikingly different approach to the rather conservative modern horology that Rolex has made its signature element - particularly in comparison to pretty much all of its ticking colleagues.
    Unique model
    Sky-Dweller, sporting 380 movement parts and no less than 14 patents in the all-new Caliber 9001 movement, of which five are completely new, is a perfect timepiece for the frequent traveler. It offers both a home and a second time zone via the off-centered disc display as well as a rather unique annual calendar. Unique for Rolex, that is.
    The annual calendar makes the automatic change to the first of the next month at the end of months with 30 and 31 days, which means that you only have to change the date manually on February 28 (or 29 during leap years). But how does the movement know what month it is? Simple: since a year has twelve months, Rolex cleverly decided to indicate the current month on the circumference of the dial using a perforated window. For instance, this month (March) has a blackened window at the 3 o'clock position. So simple, and just the way Rolex likes it. Simplicity certainly seems to be the credo of the brand, no matter what the complication is.

    Ring command
    The functions of the Rolex Sky-Dweller are set by the so-called rotating Ring Command bezel. By turning it, you can set second time zone, date or time when the crown is unscrewed.
    The design of the inner 24-hour dial ring has been actively discussed around the globe since the beginning of the fair. Not surprisingly, a lot of negative emotion has been expressed. This is undoubtedly due to the rather unconventional design - something that Rolex lovers are not at all used to. But in terms of being a tool watch, Rolex again proves to be a true champion.
    This new 42 mm model, offered in white and yellow gold on a bracelet as well as Everose (rose) gold on a strap, clearly illustrates the (for many surprising) ability of probably the best watch company in the world. Rolex is finally blowing its Swiss alphorn, indicating that we should never take Rolex for granted.
    The Rolex Sky-Dweller is offered at an entry price of approximately 31,200 euros (Everose on strap).

  • Rolex - Oyster Perpetual Sky-Dweller

    The Oyster Perpetual SKY-DWELLER presented at Baselworld 2012 is the latest addition to the Oyster collection, a compelling timepiece of revolutionary design that blends to perfection technological sophistication and ease of use.

    With 14 patents - five of which are new - the SKY-DWELLER provides, in an unprecedented and highly original way, the information global travellers need to easily keep track of time: a dual time zone, with local time read via centre hands and a reference time display in 24-hour format read via a rotating off-centre disc visible on the dial; a particularly innovative annual calendar named SAROS - in tribute to the astronomical phenomenon which inspired it - that requires only one date adjustment a year, when the month changes from February to March; and a month display by means of 12 discreet apertures around the circumference of the dial.

    A majestic expression of the art of watchmaking and the product of Rolex's exceptional technical expertise, the SKY-DWELLER is as intuitive to read as it is simple to use. Local time, reference time and the date are rapidly set using a highly innovative interface between the case and movement. The rotatable RING COMMAND bezel is the focal point of the interface, allowing the wearer to select the individual functions to be set simply by turning the bezel. Each function can then be adjusted swiftly and easily in both directions by means of the winding crown, which has only one setting position.

    The SKY-DWELLER is equipped with a new calibre, the 9001, an officially certified Swiss chronometer entirely developed and manufactured by Rolex. The SKY-DWELLER epitomizes the values of precision, robustness and reliability for which Rolex watches are renowned. It bears witness to the creative force of a brand dedicated to its passion for innovation at the service of the wearer.

    The SKY-DWELLER is designed for those who place the emphasis on useful functions, effortless manipulation, prestige and elegance above all. Available in 18 ct white, yellow or EVEROSE gold cast by Rolex in its own foundry, this advanced wristwatch features the fluted bezel that symbolizes the codes of the brand. With its stately 42 mm OYSTER case, it is the embodiment of perfect symbiosis between form and function, aesthetics and technology.

    With the SKY-DWELLER, Rolex once again demonstrates its wealth of ingenuity by designing and manufacturing a watch that perpetuates the OYSTER's legendary excellence.

    Dual time zone and 24-hour display 

    The combined display of local time via centre watch hands and reference time via an off-centre disc makes the SKY-DWELLER easy to read and endows it with unique aesthetics.

    The Oyster Perpetual SKY-DWELLER features a dual time zone that is as intuitive to read as it is simple to use. The display's highly original design endows the watch with an aesthetic identity all of its own.

    Reference time via an off-centre disc

    Global travellers can read the reference time - the time at home or at their usual place of work - via a rotating off-centre disc visible on the dial. A fixed inverted red triangle points to the wearer's chosen reference time. The disc's 24-hour display allows travellers to clearly distinguish daytime hours from night-time hours in the reference time zone (for example, 10 p.m. versus 10 a.m.). At any moment and in any location, they know if it is an appropriate time to contact someone on the other side of the world.

    Centre hands for local time

    Local time at the destination is indicated by the conventional centre hour, minute and seconds hands. It can be set very quickly and easily thanks to a mechanism that allows the hour hand to be adjusted independently in one-hour increments both forwards and backwards, so that changing the local hour does not affect the minute or seconds hands or the reference time.

    Date change linked to local time

    The date change is linked to local time and occurs within a few milliseconds at midnight. Thus, the date displayed in the aperture is always the current date in the wearer's local time zone. Thanks to its innovative display and simple operation, the SKY-DWELLER allows the traveller to adjust the watch to different time zones during a journey, while benefitting from a constant, clear display of reference time.

    Saros Annual Calendar

    A particularly ingenious patented mechanism inspired by an astronomical phenomenon differentiates between 30-day and 31-day months, thanks to just four additional gear wheels.

    The Oyster Perpetual SKY-DWELLER is equipped with a revolutionary annual calendar offering unparalleled robustness and reliability for such a complex watchmaking function. This annual calendar's qualities are attributable to an ingenious mechanism named SAROS, patented by Rolex. Its original design was directly inspired by the astronomical phenomenon of the same name.

    Only one adjustment per year

    This annual calendar automatically differentiâtes between 30-day and 31-day months. It displays the correct date throughout the year and requires only one adjustment a year - on 1st March, February having only 28 or 29 days.

    A system with intelligence

    The ingenuity of the SAROS system developed by Rolex lies in its simple and systematic handling of the irregular occurrence of 30 and 31-day months. This intelligent mechanism is based on only two gear ratios and four gear wheels added to the traditional Rolex instantaneous date calendar. Such simplicity ensures peerless robustness and reliability for the annual calendar function.

    Planetary and satellite wheels

    The Greek term Saros has been used since antiquity to designate an approximately 18-year cycle of alignment patterns between the Sun, the Earth and the Moon that is behind lunar and solar eclipses. This astronomical phenomenon inspired the design of the SKY-DWELLER's annual calendar mechanism. The SAROS system is designed around a fixed planetary gear Wheel (equivalent to the Sun) at the centre of the movement. A satellite wheel (whose centre represents the Earth) engages with the planetary wheel and rotates, orbiting the planetary wheel in one month, driven by the date disc. The satellite wheel is fitted with four fingers (the Moon) for the four 30-day months (April, June, September and November).

    Double instantaneous date change

    The gear ratio between the satellite wheel and the planetary wheel is calculated in such a way that at the end of each 30-day month - and only in these months - one of the satellite's fingers receives an additional impulse from the date change mechanism. This makes the calendar disc jump two days (from the 30th to the 1st) within a few milliseconds to display the correct date.

    Discreet month apertures

    The months of the year are indicated in 12 discreet apertures around the circumference of the dial, outside the hour markers: January at 1 o'clock, February at 2 o'clock, and so on. The current month is identified in a contrasting colour.

    RING COMMAND BEZEL

    The Ring Command Bezel can be turned to any one of three positions to choose the function to be set: date, local time or reference time.

    The Oyster Perpetual SKY-DWELLER is equipped with a rotatable RING COMMAND bezel that allows the wearer to easily select the watch's different functions via an innovative, patented interface between the movement and case.

    Unrestricted setting

    The RING COMMAND bezel can be turned to any one of three positions to select the function to be set: date, local time or reference time. The selected function can then be rapidly adjusted in either direction, forwards or backwards, using the winding crown, which has only one setting position. Unlike traditional mechanisms, this interface developed by Rolex allows unrestricted setting.

    A simple and intuitive interface

    This simple and intuitive interface is based on a complex mechanical module which consists of no fewer than 60 components and demands state-of-the-art watchmaking and micromechanical expertise. The heart of the mechanism is a double cam and levers that engage various gear trains inside the movement according to the function selected. One of these cams is activated by pulling out the winding crown, the other is driven by rotating the bezel to activate setting wheels located in the middle case of the watch.

    An expression of Rolex values

    With its innovative interface between the watch case and the movement, the RING COMMAND bezel is the product of Rolex's total mastery of the design and manufacture of all the essential components of the watch. Rolex once again demonstrates core values that have always placed an emphasis on functionality and wearer comfort.

    Classic elegance of the fluted bezel

    With its iconic Rolex fluting, the SKY-DWELLER is firmly established in the lineage of the models in the OYSTER collection, such as the Datejust or the Day-Date , which have become symbols of prestige and timeless elegance.

    Calibre 9001

    A certified chronometer, this new high-performance movement entirely developed and manufactured by Rolex consists of 380 components and is backed by seven patents.

    The Oyster Perpetual SKY-DWELLER's calibre 9001 is a completely new self-winding mechanical movement, a pure distillation of Rolex technology. Entirely developed and manufactured in-house, with a total of 380 components and backed by seven patents - four of which are new - it is one of the most complex calibres ever developed by the brand.

    A selector wheel on the outside edge of the movement ensures the interaction of the movement and the bezel of the watch to set the functions.

    Chronometric precision

    Calibre 9001 is a certified Swiss chronometer, a designation reserved for high-precision watches that have successfully passed the Swiss Official Chronometer Testing Institute (COSC) tests. The oscillator has a blue PARACHROM hairspring patented and manufactured by Rolex in an exclusive paramagnetic alloy.

    Singular reliability

    The architecture behind the 9001, like that of all PERPETUAL movements at Rolex, makes it singularly reliable. The oscillator is fitted between high-performance PARAFLEX shock absorbers, developed and patented by Rolex, that offer 50 per cent greater resistance to shocks. It is held firmly in place by a height-adjustable traversing bridge. The SAROS annual calendar and the RING COMMAND setting system are also designed to be exceptionally robust.

    Self-winding by Perpetual rotor

    Calibre 9001 is fitted with a self-winding mechanism featuring Rolex's PERPETUAL rotor which ensures continuous winding of the mainspring by harnessing movements of the wrist to provide a constant source of energy.

  • Rolex - Oyster Perpetual Day Date


    When it appeared in 1956, the DAY-DATE was the first wristwatch with a calendar indicating the day of the week spelt out in full in a window on the dial. The DAY-DATE adorned with a new gem-set dial perpetuates Rolex's legendary excellence and displays all the brand's watchmaking know-how and technology.

    Chocolate, diamonds and rubies
    In an 18 ct EVEROSE gold case of incomparable lustre, this DAY-DATE is fitted with a chocolate colour dial on which the hours are marked by precious stones: eight diamonds and, at 6 o'clock and 9 o'clock, baguette-cut rubies.

    Rolex pink gold

    The 18 ct EVEROSE gold of the OYSTER case and bracelet is alloyed by Rolex in its own foundry before being shaped in the brand's workshops. The incomparably warm tone of this exclusive pink gold alloy developed by Rolex is heightened by the addition of a touch of platinum. 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's 36 mm OYSTER case, guaranteed waterproof to a depth of 100 metres (330 feet), is a paragon of proportion and 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 fluted bezel is a Rolex signature aesthetic feature. 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's high-precision movement.
    Calibre 3155, a superlative chronometer
    This DAY-DATE is equipped with calibre 3155, a self-winding mechanical movement entirely developed and manufactured by Rolex. Like all PERPETUAL movements, the 3155 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.

    Comfort and elegance of the OYSTER bracelet
    This DAY-DATE model is fitted with an 18 ct EVEROSE gold OYSTER bracelet with a concealed folding CROWNCLASP. Developed and patented by Rolex, this elegant solid-link bracelet offers remarkable comfort and ease of use.

  • Rolex - Oyster Perpetual Cosmograph Daytona


    A bezel in all the colours of the rainbow
    Along with its 18 ct yellow gold case and bracelet, this COSMOGRAPH DAYTONA dons a bezel entirely set with an array of sapphires in rainbow colours. All the nuances of the celestial arc are visible, a delicate palette of reds, oranges, yellows, greens, blues, mauves and pinks. The subtle grace of these fascinating stones meticulously selected, assembled and set by Rolex is magical, endowing the watch with a stunning radiance.
    Also gem-set, the case lugs, crown guard as well as the hour markers on the dial participate in the exquisite allure of this variation on the DAYTONA theme.

    Exclusive GOLD CRYSTALS counters
    Contrasting with the black lacquer of the dial, the reflections of the GOLD CRYSTALS counters blend with the radiance of the precious stones. Crafted from an 18 ct gold alloy perfected by Rolex in its own foundry, these exclusive counters highlight the crystal structure of the gold in a seductive play of reflections and colours. Each counter is a natural work of art, different from every other.
    The OYSTER case, symbol of waterproofness
    The COSMOGRAPH DAYTONA's 40 mm OYSTER case, guaranteed waterproof to a depth of 100 metres (330 feet), is a paragon of proportion and 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 TRIPLOCK triple waterproofness system, as well as the chronograph pushers screw down securely against the case. It is protected by a crown guard that is an integral part of the middle case. The crystal is made of virtually scratchproof synthetic sapphire. The waterproof OYSTER case ensures optimal protection for the COSMOGRAPH DAYTONA's high-precision movement.

    Calibre 4130, a superlative chronograph chronometer
    The COSMOGRAPH DAYTONA is equipped with calibre 4130, a self-winding mechanical chronograph movement entirely developed and manufactured by Rolex. Like all PERPETUAL movements, the 4130 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 OYSTERLOCK clasp, functional and secure
    This COSMOGRAPH DAYTONA is fitted with an OYSTER bracelet in 18 ct yellow gold with the latestgeneration OYSTERLOCK safety clasp to prevent accidental opening. Developed and patented by Rolex, this elegant solid-link bracelet also features the ingenious EASYLINK rapid extension system that allows the wearer to easily increase the bracelet length by approximately 5 mm, for additional comfort in any circumstance.

  • Market - Make An Investment in Luxury Watches


    Asia Tatler - 15. November 2011

    Last month, DKSH Holdings held its first Swiss watch auction in Hong Kong with a promising total of HK$23.4 million worth of luxury timepieces sold at the auction. With the growing number of luxury watch boutiques populating the streets of Hong Kong, it is without a doubt that the watch market has grown exponentially, and that now there are more not only willing to purchase luxury timepieces but more than ever before, there is a growing market for watch investment. We talk to Gonpo Tsering, head operations support and member of group management of DKSH in hope to learn more about the value of watches and the booming watch market.


    According to Tsering, the Swiss Auctions, an activity of DKSH's business segment in luxury and lifestyle, was held in Hong Kong for the first time because the company saw the need for a platform to bridge the gap between owners of rare and important timepieces and collectors hunting for rare collectible timepieces.
    "DKSH identified this niche market and is catering to this demand with a very high-end auction for watches. Hong Kong - this thriving and throbbing city - was our immediate first choice for obvious reasons. Hong Kong is becoming highly attractive to watch collectors from all over the world - and the fact that there are no sales or luxury tax here is of course very conducive to promote this trend."
    Read about Boucheron's exquisite craftsmanship here.
    For those who want to start their own watch collection or begin investing in watches, it is crucial to give a timepiece its rightful value. Tsering recommends a few ways to determine a watch's value:
    1) Take note of the brand of the watch
    2) Take into account the condition of the timepiece
    3) Find out when it was manufactured
    Second, potential buyers should also refer to a watch price guide and appraisal information to find out where the value ranges for the watch. Last, but not least, work with a professional watch appraisers who can value the watch and provide an appraisal certificate.
     


    "I would suggest that new watch collectors learn more about the watch market and the techniques on how watches are being appreciated and valued. The internet is a good first starting point to gather knowledge about watches. Besides, they should also attend auctions so that they can get firsthand information about the value of the watch and the trend of the market. My personal advice: focus on either a brand, on a certain period, or on a special category of timepieces. My personal favourite is pocket watches, which are not so popular currently and therefore very affordable," he advised.
    Apart from looking at the new watches released by major brands and manufactures, watch investors are advised to go to watch auctions to source possible investment pieces. Watch auctions does not only give collectors the choice of the best collectables at a single location, but it gives the guarantee that the watches are authentic and are in good condition while it also reduces the amount of extensive research.
     


     
    Tsering shares his belief that there is a clear sign that the watch market will definitely continue to blossom with an Asian force.
    "The potential growth of the market for timepieces and watch collection is indisputable. Asia's remarkable growth and the rapidly emerging middle class will lead to a significant increase in demand for luxury and lifestyle goods, driving further growth in the luxury market."
    Black rolexes are a hit in the auction houses, find out where you can get your own black Rolex here.
    With such new force in the watch industry, Tsering said there is also one more thing that investors should bear in mind: Asian consumers trends have now changed. In the past, Asian consumers usually follow global trends. Now, a new wealthy class with more international exposure is coming up from developing Asian countries, they tend to know more about the market and are interestingly becoming fonder of simpler and more conservative designs. So, when investors are selecting potential investment pieces, they should also be aware of which sector of the industry they are targeting.


    For example, among the top lots sold at the auction was a Historie de Tourbillion, a Zalium manual-winding tourbillion from Harry Winston. This 18k white gold timepiece was manufactured in 2009 and was sold for an impressive HK$2.55 million.

  • Christie's - Live And Let Die


    The present Rolex ref. 5513, modified by the famous Q Branch, is certainly the most memorable Submariner to appear in movies and must be considered a veritable trophy not only for the watch aficionado but also for the amateurs of cinematography and of James Bond in general.

    Especially designed for James Bond to be worn during 007''s mission in Live and Let Die, it was created in 1972 by the world-famous film production designer Syd Cain.
    Featuring not only a bezel spinning at high speed to cut ropes and chains, in the movie it also bore an ultra-b magnet which was supposed to neutralize bullets but was, instead, used by 007 to unzip Ms. Solitaire's dress.
    The lot will be sold together with an original construction drawing and two signed images from the set (estimate: SFr. 200,000 - 400,000).

  • George Daniels - 1926-2011


    WORLDTEMPUS - 24 October 2011

    It was hard to imagine the watch industry before George Daniels, and it will be hard to imagine this place now that he has left it: Daniels was nothing if not an iridescent figure, often setting the tone of good horological taste behind the scenes.
    This might be hard for newcomers to imagine today since Daniels only created a total of 37 watches - pocket watches, no less - in addition to a series of 50 wristwatches completed together with protege Roger Smith called Millennium as well as the beginning of the collaborative venture with him introduced last year. As avid followers of horological history will know, the Omega base caliber powering the 50 Millennium timepieces held special meaning. Daniels was, of course, the inventor of the co-axial escapement that is now utilized in every single Omega wristwatch.
     


    A true expert
    Though Daniels began his professional life after serving his country in World War II with the proverbial 50 quid in his pocket - just enough to buy his first set of tools, as the story goes - his drive, ambition and enormous talent made him a very wealthy man. Some of his fortune was acquired by buying and selling precious vintage pieces and selling 35 of his own unique pocket watches, but most of it came from selling what was to become his most famous invention to the Swatch Group.
    No two of Daniels' creations were ever completely alike. The next watch was always undertaken because Daniels had another idea to try out, another escapement to experiment with or desired other functions. He invented the co-axial escapement in 1975, but did not patent his perfected design until 1980. After a long search that involved talks with both Patek Philippe and Rolex over the course of a decade and a half, Daniels eventually sold the design to Omega, who needed almost another decade to bring it to serial fruition. Though the patent has now run out, no other watch brands use the co-axial aside from Omega and Smith, who has adapted it for use in his own masterfully crafted timepieces, which also contain other traditional elements of English watchmaking.
     


    Personal memories
    When I entered the watch industry, I had no idea who Daniels was. I soon read his opus "Watchmaking" (which was recently republished by Watchprint) in order to learn the basics. However, it was only after becoming friends with various independent watchmakers - predominately members of the AHCI - that I began to understand his place in our industry. One year at Basel, one of them even stood in line at the Omega booth in order to get his own copy of "Watchmaking" signed by the master - and couldn't stop beaming at the chance to meet his idol. Tellingly, François-Paul Journe also worshipped Daniels, even going so far as to present him with one of his own watches last year. For my own part, I found myself fairly well in awe in the presence of Dr. Daniels (he was presented with an honorary title later in life). His technical and industry insights and knowledge were eternally enlightening.
     


    George Daniels passed away at his estate on the Isle of Man following complications arising from hip replacement surgery at the age of 85. A funeral is expected to be held on the Isle of Man in about two weeks' time. Fans of Daniels will be pleased to know that a biography written by Michael Clerizo with the current working title "George Daniels: A Master Watchmaker and His Work" is due to be published next fall.
    George Daniels, A Master Watchmaker & His Art
    FRENCH VERSION (216 Pages • 240 ill. • Format : 29.5 x 29.5 cm. Price : CHF 160.00 • € 140.00).
    ENGLISH VERSION (216 Pages • 240 ill. • Format : 29.5 x 29.5 cm. Price : CHF 105.00 • € 93.00).
     

  • Rolex - Vintage Automobiles and More

    WORLDTEMPUS - 25 August 2011


    Spending several days in Monterey, California, is in and of itself a treat that is only enhanced by the several hundred vintage cars to be seen at one of the world's most amazing tracks and on the eighteenth fairway at the legendary Pebble Beach golf course. The Rolex Monterey Motorsports Reunion this past weekend was an incredible experience for Rolex retailers and press -- not to mention for enthusiastic spectators and drivers from around the world. This premier historic automobile racing event brings together hundreds of the finest cars in multiple classes on a 2.238-mile course that is famed for "The Corkscrew" with its challenging five-story, 300-foot elevation drop and eleven turns.


     
    550 machines
    This year more than 550 exquisitely maintained machines converged on the track in seventeen different Rolex Race Groups that competed throughout a two-day period. While the overall Rolex Award of Excellence went to Terry Larson of Arizona, who personally raced two of his three Jaguars, any number of other awards could have been given out this weekend for sportsmanship, cars and camaraderie. Indeed, it was an amazing event, with participants from more 27 of the United States, and fourteen different countries coming together. All participants in the pits and the drivers' lounge were friendly and congenial, including drivers and owners of celebrity status, even Brian Johnson of AC/DC (car owner and racer), Sir Sterling Moss, Derek Bell, Dario Franchitti, Martin Brundle, and others who were present.


    Enjoying the festivities
    Races of particular interest included the Jaguar Invitation class, with more than a dozen E-Types racing, and the Ferrari GTO (Gran Turismo Omologato) class with thirteen of these venerable historic cars built between 1962 and 1964, with some valued at up to $30 million each. Rolex, the long-time sponsor of the event, had a tent with watches on display. The Rolex signage around the entire Mazda Laguna Seca Raceway was so prevalent that one was hard-pressed not to know who sponsored the August 19-21 event. Still, Rolex executives remained fairly elusive throughout the weekend, keeping fairly low-key and in the background, with the primary goal being simply to enjoy the festivities with retailers.


    Best show winner car
    Joining Rolex at the 61st Pebble Beach Concours d' Elegance, we experienced one of the most legendary and competitive automobile shows in the world, with owners are invited to participate. Held on the famed eighteenth fairway of Pebble Beach Golf Links, this event is filled with hundreds of the world's finest fully restored or perfectly preserved automobiles, including rare models from Bentley, Rolls Royce, Duesenberg, Rambler, Plymouth, Talbot, Hudson, Renault, Porsche, Jaguar, Packard, Ferrari, and many more -- including a 1953 Bosley Mark 1 G/T Coupe, a 1950 Delahaye and a 1916 prewar preserved Winton Model 33 Touring. This year there was a special exhibition of Stutz, which celebrates its 100th anniversary. The Best of Show Winner was a 1934 Voisin C-25 Aerodyne owned by Peter Mullin, who owns many vintage autos. In all, the luxurious weekend with Rolex and vintage automobiles was inspiring and timelessly elegant.

  • 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.

  • 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.

  • Rolex - Yacht-Master II

    As the start draws near, the skipper's pulse quickens. Already visualizing the action of the race, he manoeuvres as close as possible to the line.

    The Oyster Perpetual Yacht-Master II embodies all of the intense emotion a regatta arouses. By its impressive size, evocative power and sleek design, this unique regatta chronograph echoes directly the Maxi Yachts built to brave the oceans. The new version is the first Professional watch in the Oyster collection to be available in EVEROSE ROLESOR - an exclusive combination of the 904L steel superalloy and 18 ct EVEROSE gold.

    Sights on the horizon
    Equipped with a programmable countdown with a mechanical memory, the Oyster Perpetual Yacht-Master II is an innovative and pioneering watchmaking complication, based on interaction between the movement and the bezel. It allows the skipper to programme a regatta countdown sequence from 1 to 10 minutes. Once the countdown has been launched, the skipper can, if necessary, synchronize his chronograph to the official race countdown. Thanks to the Yacht-Master II, experienced sailors and yachting enthusiasts have at their disposal an efficient tool to assist in crossing the starting line at the very moment the horn sounds.

    Regatta meets watchmaking technology
    With its numerous innovative watchmaking features, the Yacht-Master II model, launched in 2007, is the epitome of the brand's creative force and technology. Its functions depend on a major innovation: the exclusive RING COMMAND bezel, designed and developed by Rolex. Rotatable through 90° and interacting with the movement, it serves to initialize and then lock the countdown programming.

    The model's 4160 movement, entirely designed and developed by Rolex, is fitted with a PARACHROM hairspring, 10 times more resistant to shocks and insensitive to magnetic fields. The countdown is operated by a column wheel and a vertical clutch. A number of microcomponents in this unique movement are produced by UV-LiGA - a new technology, entirely mastered in-house by Rolex, which enables the production of components whose fineness or geometry makes them impossible to manufacture by traditional means.

    The Yacht-Master II's case, stamped from a block of 904L steel extremely resistant to corrosion, offers all the qualities of waterproofness that have made the reputation of Oyster watches. Not least thanks to its TRIPLOCK winding crown, which screws down tightly against the case like the hatch of a submarine. The pink gold of the bezel and the bracelet's centre links is 18 ct EVEROSE gold, an exclusive alloy developed by Rolex and manufactured in its own foundry. The blue CERACHROM bezel insert, virtually impervious to scratches, corrosion-resistant and non-fading, is also patented and manufactured by Rolex.

    The excellent legibility of the Yacht-Master II's dial demonstrates the constant attention to functionality in the Oyster Professional collection. The red countdown minute and seconds hands are readable at a glance against the graduations on the dial or bezel.

    The bracelet, in 904L steel and 18 ct EVEROSE, is fitted with an EASYLINK 5 mm comfort extension link and an OYSTERLOCK clasp with a safety catch, two further Rolex innovations.

    The horn has sounded. The course is set. The Yacht-Master II forges ever forward, sailing towards new horizons.

  • Rolex - Exploring the Explorer II


    WORLDTEMPUS - 25 March 2011


    Approximately 40 years ago Rolex introduced a distinct 40-millimeter watch with extreme sports in mind. "Cave explorers did not know if it was night or day," Justin Hogbin of Rolex smiles as he explains the orange 24-hour hand that originally indicated if it was noon or midnight when the Explorer II was launched in 1971.
    A steel bezel indicating 24 hours supplemented the bright orange hand that Italian watch collectors have nicknamed "freccione" ("big arrow" in Italian). Freccione remains the loving nickname of the original reference 1655 Explorer II of 1971 to this day.


    The Rolex Explorer II has never been the most popular of the otherwise much-loved sports watches by Rolex. It has however been the only model in the sports collection to offer a choice of black or white dial (not accounting for the Daytona range). However, the GMT and Submariner models seemed to overshadow the Explorer, which actually might be a thing of the past now.


    Outshining the siblings
    The new Rolex Explorer II ref. 216570 has grown in diameter from 40 to 42 millimeters. This growth is actually not very noticeable as both the hour markers and the hands have grown proportionally as well.
    Even on the wrist the new Explorer II does not seem oversized compared to the current GMT or Submariner, both of which measure 40 millimeters in diameter. Au contraire: the new Explorer seems to have found its very comfortable place in the sports range of Rolex and will undoubtedly attract new-found attention, which this particular model has not enjoyed for 40 years.

    Slightly new caliber
    On the technical side, the movement does have a new name, Caliber 3187, however it does not differ much from the former caliber, which bears the name 3185, apart from the blue Parachrome hairspring and Paraflex shock absorbers.
    The 24-hour hand can be set independently to offer a secondary time zone read. This was not possible on the original model from 1971, but was introduced in 1985 when Reference 16550 took over from Reference 1655. This was the inspiration of this year's best looking new product from Rolex.

    Of course, the new Explorer is fitted with the very comfortable updated Oyster bracelet with the comfortable Easylink extension. This five-millimeter extension, which is part of the bracelet clasp, creates a better fit when skin expands during the summer or in a warm climate.

  • Harry Winston - The Opus Era Continues

    Harry Winston's Opus has become more than a collection of outstanding timepieces. This blend of watchmaking dreams come true tells a story of determination that has turned into a cultural phenomenon, recreated annually by talented people who know how to derive synergy from an equal commitment to art and technology. For the past 10 years, Harry Winston has called on the originality and skills of independent watchmakers to realize its concept of superior watchmaking. For Harry Winston, watches reflect a passionate belief that you can - and must - go beyond the imaginable. Today, the House of Harry Winston is proud to present its 11th Opus, a watch that shatters watchmaking notions to bring you the disintegration of time itself.

    An extremely complex case stages the show. The three overlapping cylinders on three levels are configured to deconstruct time. The main circle is the hour's domain, flanked by two pavilions. One shows the minutes on a jumping disk for the tens and a running disk for the units. The other, slightly lower, displays the regular beat of a big titanium balance-wheel.
    Anarchy takes hold of the hours indication beneath the sapphire-crystal dome every 60 minutes. The numeral of the hour, assembled in the center of the circle, explodes into chaos before instantly reassembling as the new hour. It then remains still until the next disintegration. Instead of a hand, 24 placards revolve and rotate on a complicated system of gears mounted on an epicycloidal gear-train. Four satellites mounted on a rotating platform, each with three pairs of placards, provide a vertical transmission through a train of eight intermediate wheels, three elliptical gears, a triangular wheel and six conical pinions. The bevel gears are responsible for changing the axis of rotation of the placards and positioning them according to an elaborate drill maneuver. The triangular wheel and elliptic gears are calculated to vary the gear ratio to absorb shocks and prevent the placards colliding.
    The tooth profiles of the triangular and elliptical gearing have been obtained using sophisticated programs. These are today so powerful that they can calculate and display unconventional, and even extreme, gearing and analyze different parameters such as backlash. Parts are manufactured using photolithography, which produces micro-components to a precision unobtainable by traditional machining methods.
    The conical pinions for the bevel gears are just 1.2mm wide, yet their teeth are exactly profiled and angled, thanks to a new gear-cutting technique.
    The path taken by the placards has been calculated to minimize the space required for them to turn over. However, the shell of sapphire crystal, also extremely difficult to manufacture, gives ample room for the hourly animation.


    The transparent display back of the gold case reveals a manually wound movement in the style of the old pocket-watch movements with a big balance-wheel. Consisting of 566 components, including 155 jewels, the mechanism is finished in the most traditional manner of classic watchmaking, in sharp contrast to the crazy display of the hour. One version of the watch is gem-set in the contemporary style: a simple line of princess-cut diamonds lights up the contour of the caseband.
    The appointment has been fixed. The hour comes apart at its end, leaving its particles to explode outwards and be turned into new hours ad infinitum. Such complexity and ingenuity make Opus Eleven an important milestone in Harry Winston's exploration of time.
    Limited edition of 111 watches.



    DENIS GIGUET


    Denis Giguet trained as an engineer and started making a name for himself in fine watchmaking. The experience he gained with such firms as Rolex and Harry Winston developed into a visionary approach far in advance of the watchmaking industry. Familiar with the design and construction of highly complicated watches, he worked as production manager at Harry Winston. In 2007 he launched his own brand, MCT, and designed the Sequential One, a far-reaching development in creative engineering for which he involved the crafts of more than 20 experts in their fields. His creative energy has given birth to Opus Eleven, a timepiece where his own vision of time is perfectly expressed by the Harry Winston personality.

  • Trend - Big Ego Watches


    WORLDTEMPUS - 18 March 2011

    "If you're shy, you cannot go round with this car. It's a special car for special people. You need a big ego. It's like going out in the evening with a beautiful woman - it's not for everyone," said Daniele Adetto, responsible for the PR of the Lamborghini Countach, talking to Morley Safer of the U.S.'s "60 Minutes" TV show back in 1987.
    This powerful Italian car certainly was a spectacular piece of work. Only three left the Italian car factory back in the 1980s each week - hand assembled, of course, it was the hottest car around back then: dramatically low, fitted with a large back spoiler and looking like "a sexy virgin" in white, according to Adetto.
    Watching the interview on YouTube, I cannot help comparing the Countach with some of the spectacular watches offered on the market today. These watches look like nothing else, and they are created by people who not only explore creative and innovative high-end horology, but also understand how to communicate it.

    The Ego Watches

    Wearing a watch like the Roger Dubuis Excalibur Double Tourbillon, the MB&F ReBel, Urwerk's Tarantula, or the ultra-light Richard Mille RM 027 Tourbillon undoubtedly demands a certain ego.
    These watches are the crazy Lamborghini of the 1980s. These watches are the impossibly long-legged Brazilian beauties that leave a fancy restaurant strutting their stuff between the tables - holding your hand. These watches certainly take a certain kind of man with a certain kind of ego. These watches, indeed, are not for everyone, as Adetto claimed of the Lamborghini.
    Anyone can buy a Rolex, Breitling or Omega and be an instant member of the luxury watch club. But people wearing one of the more exotic watches mentioned here belong to a very different kind of club. They would probably never wear a Rolex, Breitling or Omega again (however, this is most likely where they started out when they entered the horological scene). These watches are, of course, nice, but they are too commercial for an experienced person in the know. They do not boost the inner horological ego that demands something way out of the ordinary.
    Wear with Caution
    Remember the movie classic "Cannonball"? Adrienne Barbeau and Tara Buckman starred as Marcie and Jill: two Spandex-clad hotties in a black Lamborghini Countach. Pretty? Yes. Over the top? Indeed!
    Just like a Countach driven by the wrong guy will expose him as a poser trying to compensate for losing his childhood sweetheart to Butch the Bully, so an Excalibur Double Tourbillon on the wrong wrist will expose the nouveau riche, the fake enthusiast who does not understand that such extravagant accessories are like every other human endeavor: understatement wins you the respect you deserve. So buy the RM 027, but wear long sleeves. Indulge in the Tarantula, but only wear it in the company of friends. And in the name of everything that's holy, don't drive a Countach AND wear a ReBel at the same time.

  • Book - Rolex Collector Starter

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  • 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.

  • Collecting - Personal Holy Grails, Part 2


    WORLDTEMPUS - 25 June 2010

    Despite the final statement of my last Chronicle, these connoisseur collectors all end up owning a Rolex again at some point. So if you are in the ascending stage of your collecting career and are tempted to branch out from your Rolexes and Omegas, hang onto at least one of your Rolexes…you'll want it back someday—I guarantee it. And it will probably be that Submariner that you once thought was uncool because everybody has one. It's with good reason everyone has one: it might just be THE watch to have if you can only have one watch.


    The first watch that I loved, but never owned, was the Revue Thommen Airspeed chronograph outfitted with the Lemania 5100 movement. I did pick up the Cricket with the copper-colored dial from Revue Thommen, which is an excellent and affordable alarm watch, but I have never owned the original Airspeed chronograph. Revue Thommen has been a manufacturer of industrial and airplane instrument gauges for more than 150 years. In the early to mid-1900s, the company discovered that its skill in making gauges transferred nicely to making military and pilot's watches, both of which required the same legibility and technical excellence that the company prided itself on in its airplane instruments. In fact, the crystal on the Airspeed chronographs is so clear that the watch looks like it has no crystal at all. The Airspeed chronograph is still offered, now outfitted with a Valjoux 7750 movement, and it looks much the same as the original model, which—not coincidentally—looks just like the clocks in many airplane cockpits.


    The Glycine Airman is a dual-time (actually displaying three time zones), 24-hour dial watch that became well known after many U.S. Air Force pilots returned home from Vietnam wearing one. I don't believe the watch was ever issued as a military watch, but the Airman offered a simple, intuitive dial and time interface that made tracking local, UTC, and a third time zone easy. Glycine has extended the Airman lineup considerably over the years, and, in fact, Glycine has evolved into having a most interesting and diverse model lineup—all while offering economic pricing and great quality. The Glycine Airman is a gap that I closed, having owned several of these historical watches over the years.

  • 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 - Oyster Perpetual Date Just Lady

    Fresh, refined and elegant. Fitting descriptions of the gracefully feminine new Rolesor models in the Oyster Perpetual Datejust Lady 31 mm collection.
    An ode to passion and sensuality, these delicate gems for daily wear are an invitation to share in their carefree youthfulness. They celebrate with brio the marriage of their materials — precious stones, 18 ct gold and 904L steel — and colours.


    Wide range of dials
    These new Lady 31 mm models in yellow, white and Everose Rolesor are available with a wide range of dials and decors. The floral motifs on the dark rhodium, and champagne and pink dials are produced using an electroforming technique, a very subtle deposition of material that reproduces the design with extreme precision. These visually attractive motifs give pleasing volume to the dial.


    Fluted and gem-set bezels
    The Oyster Perpetual Datejust Lady 31mmis available with either a fluted bezel or domed bezel set with 24 or 46 brilliants, reflecting the slightly rebellious and mischievous side of the pieces with a hint of intrigue.


    Gem-set 6 o'clock hour marker
    The gem-set Roman numeral hour marker at 6 o'clock adds a fascinating, singular touch to a watch that makes every minute an escape from time.
    The timeless lightness of this Lady 31 mm should not obscure the extreme precision of its mechanical self-winding movement with a Perpetual rotor.
    The lady can thus return at any time to the world of the present and live the moment to the fullest.

  • Rolex - Oyster Perpetual Explorer

    So many attempts were necessary before Everest was finally conquered. It was 29 May 1953 and the heroes of the day, Sir Edmund Hillary and Tensing Norgay, were wearing Rolex Oyster Perpetual watches. So many expeditions all seeking to achieve a proverbially impossible dream, motivated by the simple desire to meet a challenge: "Because it's there…"
    In praise of perseverance
    The direct descendent of this fascinating chapter of human adventure, the Explorer persists in expressing man's irrepressible need for achievement. It continues to precisely embody perseverance, experience and creativity, and celebrate so strikingly the relationships between technical developments, experience in the field, thought and action.


    The world as a test laboratory
    The Explorer is the incarnation of the privileged relationship that has always existed between Rolex and the outside world. Since the late 1920s, Rolex has been using the world as a laboratory to test its watches under real conditions. In this pioneering spirit, it equipped numerous Himalayan expeditions whose observations have had a direct impact on product development.
    A 39 mm case
    Faithful to its heritage and unique identity, the new Oyster Perpetual Explorer exemplifies that strength in today's world, imparting a new elan to the sober and elegant lines which have long established it as an icon. Crafted from a block of 904L steel with exceptional anti-corrosion properties, its slightly larger 39 mm case offers a bolder look and added comfort for the wearer.


    New heights in precision
    Equipped with a self-winding mechanical movement featuring a Perpetual rotor, a Parachrom hairspring and Paraflex shock absorbers, it reaches new heights of chronometric precision and resistance to extreme conditions. A reliable and robust timekeeping instrument.

  • Christie's - Geneva auction Top Ten


    "With a total of SFr. 19,032,388, nearly twice its pre-sale low estimate, the Geneva Important Watches Sale achieved the highest result for any watch auction offered in 2009 worldwide, selling 97% by value and 94% by lot.


    In a thrilling atmosphere, almost 900 bidders from 5 continents competed enthusiastically in the room, as well as on Christie's Live and by telephone. The extraordinary performance of this Christie's sale confirms the undisputed leadership of the company in Geneva and in the international Watch market.


    A Connoisseur's Vision, a collection of ten Patek Philippe watches was 100% sold, totaling SFr.5,835,600 and nearly doubling its pre-sale low-estimate. Nine world record prices have been achieved for numerous models manufactured by Rolex and Patek Philippe.

    Top Ten

    Lot 84 - Patek Philippe. An 18K gold perpetual calendar wristwatch, ref. 1526  
    Estimate: SFr. 1,000,000-1,500,000  
    Purchase Price: SFr. 2,400,000 ($ 2,773,065, € 1,847,781)  
    Buyer: Swiss Private Museum
    Lot 159 - Patek Philippe. An 18K gold single button chronograph wristwatch, 1924  
    Estimate: SFr. 200,000-300,000  
    Purchase Price: SFr. 939,000 ($ 934,305, € 622,557)  
    Buyer: Swiss Private Museum
    Lot 161 - Patek Philippe. A platinum wristwatch, ref. 3448/100, with extra dial  
    Estimate: SFr. 500,000-800,000  
    Purchase Price: SFr. 783,000 ($ 779,085, € 519,129)  
    Buyer: Swiss Private
    Lot 219 - Patek Philippe. An 18K pink gold perpetual calendar wristwatch, ref. 2438/1  
    Estimate: SFr. 500,000-800,000  
    Purchase Price: SFr. 711,000 ($ 707,445, € 471,393)  
    Buyer: Swiss Private
    Lot 335 - Patek Philippe. An 18K gold wristwatch, black enamel numerals, ref. 1579  
    Estimate: SFr. 300,000-500,000  
    Purchase Price: SFr. 675,000
    $ 671,625
    € 447,525  
    Buyer: American Private
    Lot 47 - Rolex. An 18K pink gold wristwatch, ref. 6062, with gold bracelet  
    Estimate: SFr. 250,000-350,000  
    Purchase Price: SFr. 597,000
    $ 594,015
    € 395,811  
    Buyer: European Collector
    Lot 380 - Patek Philippe. A stainless steel wristwatch, ref. 1579  
    Estimate: SFr. 400,000-600,000  
    Purchase Price: SFr. 591,000 ($ 588,045, € 391,833)  
    Buyer: Asian Private
    Lot 218 - Patek Philippe. An 18K pink gold wristwatch, ref. 1436  
    Estimate: SFr. 350,000-550,000  
    Purchase Price: SFr. 507,000 ($ 504,465, € 336,141)  
    Buyer: Swiss Private
    Lot 85 - Patek Philippe. A stainless steel chronograph wristwatch, ref. 1463  
    Estimate: SFr. 300,000-500,000  
    Purchase Price: SFr. 459,000 ($ 456,705, € 304,317)  
    Buyer: European Private
    Lot 160 - Patek Philippe. An 18K gold wristwatch, ref. 2499/100  
    Estimate: SFr. 250,000-350,000  
    Purchase Price: SFr. 435,000 ($ 432,825, € 288,405  
    Buyer: American Private

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Rolex Automatic

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