Best Rolex Automatic Watch Replica, Rolex Automatic Luxury Watches

Rolex Lady-Datejust 28 Everose Diamond Jubilee Sundust Diamonds (279135rbr-0004)

Love the Rolex Lady-Datejust watch. it looks great and is functional too. i had to have a few links taken out because it was big- that happens with most watches. this is the first time i bought a watch online, and i would do it again.

---- [Rating: 5 / 5 stars]

Review by Bunny C, From USA Decatur

Rolex Datejust White Dial Steel and Yellow Gold Ladies Watch 179173WADJ

Given to a significant other as part of their Christmas gift. He absolutely loved it.

---- [Rating: 5 / 5 stars]

Review by Troy, From France Deville Les Rouen

Rolex Datejust Champagne Arabic Dial Jubilee Bracelet Two Tone Ladies Watch 179173CAJ

Finally, I have been looking for a watch that I could read the face and especially the date. This is a high end quality watch with a nice thick leather band. I am very pleased with this purchase.

---- [Rating: 5 / 5 stars]

Review by Rob DeWitt, From USA Greenville, South Carolina

Telling the difference between a Carrera and a Daytona is easy, as is spotting an Aqua Terra from a Terra Luna. You don't even need the brand names to help you. But what about the new collections by Emile Chouriet and Ernest Borel, two Swiss brands with a presence in Hong Kong and China that is difficult to conceive unless you have been there and seen the giant billboards that dominate the skyline. The two new models presented today on WorldTempus both embody the ultra-classic style that appeals to the Chinese consumer, combined of course with an affordable Swiss Made calibre. They go to show that at a certain price point buyers are definitely making their choices based on looks rather than brand or collection names.

Inspired by a photo showing 18 Rolex Submariner "Comex" watches on the Internet, David Chokron offers some interesting insights into the notion of exclusivity in watchmaking. Can a one-thousand-piece limited edition (not to mention a 15,007-piece one) really be considered as exclusive?

Our build-up to the GPHG 2015 officially starts this week as Camille Gendre takes a look back over 14 years of Aiguille d'Or winners. Will she find a pattern that could give a hint about this year's winner? We will continue over the coming weeks with a look at the members of the 2015 jury and some interviews with previous winners.

By now most of us are preparing for the summer break and finally find the time to think about and analyze the state of the market for fine and rare collectors watches. First of all, I can hardly remember an auction season that has been so eagerly anticipated as the series of sales that took place in Geneva this past May. Not only were there really amazing and uber-rare watches on offer (and also many not so good ones…) but for the first time there were four auction houses wanting a piece of the cake. Besides Antiquorum, Christie's and Sotheby's (in alphabetical order), Phillips in Association with Bacs & Russo made its debut in the arena.

Let me start with the good news first: in terms of participation, sell-through rates and results, it was one of the most successful and animated seasons ever, with over US $ 60 million of sales and a number of new all-time world-records established. Many insiders who carefully studied the catalogues expected such positive results but a large number of players also wondered if the market was hungry enough to absorb the large number of watches on offer. Also, some observers asked themselves if the absolute number of watches coming to the auction market every season wasn't too limited to properly fill four auction catalogues and hence diluted the quality of the sales.

Then, late April, some two weeks before the Geneva auctions, my dear friend, well-informed market observer and Hodinkee founder Ben Clymer asked openly in an article "Is now the best time to buy a 2499, or the worst?", opening Pandora's box and prompting one of the most animated discussions, on-line and off-line, about the state of the market. Unusually, the four auction houses each offered a Patek Philippe reference 2499/100 for sale, the last generation of the venerable manufacturer's all-time legendary model. Would this be good or bad for the market? Were their enough bidders out there to bid, and to bid bly, on all four of the watches? Opinions varied, with some saying that this is the beginning of the end, while others suggested that it is always good to buy a 2499, regardless of the circumstances.

With delight I can report that all four watches sold, and sold well above their estimates. Antiquorum sold their Tiffany-signed example for CHF 471,750 (estimated at CHF 300,000/500,000). Phillips achieved even more with the Beyer-retailed specimen fetching CHF 533,000 (against the same presale estimate). The next day Christie's achieved a highly appropriate CHF 650,000 (against an estimate of CHF 400,000/800,000) for their mint example and lastly Sotheby's sold their Gobbi-signed example for CHF 382,000 (against an estimate of CHF 200/400'000). Certainly, the four watches weren't identical in terms of condition and completeness but with an average price of over CHF 500,000, one should rather think of all time record levels than crisis! It shows that the appetite for fine and rare vintage watches is greater than ever before and the political turbulences around the world aren't stopping collectors from pursuing their passion. In fact, it is rather the contrary.

Consequently, we have seen at all auctions the same pattern. The greatest pieces were fiercely fought over by the world's leading collectors and dealers while the average (and below-average…) quality struggled to reach the low estimate or even failed to sell. This may appear as bad news - but actually it isn't. As mentioned in my past articles, collectors around the world are very well informed and do their homework before bidding. Since the offerings at the four auction houses weren't at the same level of quality, we have seen mixed results. In terms of performance, we could observe sold-rates going from anywhere around 70% to close to 100%! Also, the different propositions meant that the sale totals and average lot values couldn't be more different: Ranging from less than CHF 7 million (Antiquorum) in global sales with an average lot value of less than CF 20'000 to Phillips with sale totals at some CHF 30 million, averaging at over CHF 140'000 per watch!

The other good news is that we have seen beautiful results across the board, regardless of the maker, model, vintage or price level, showing it is no longer the classic "Federer-Nadal-Wimbledon-style final" between Patek Philippe and Rolex. Certainly, there were some results which stunned the market, be it the CHF 4.6 million paid for the spectacular stainless steel Patek Philippe single-button chronograph (Phillips) or the Audemars Piguet minute repeating wristwatch at Christie's fetching over CHF 600'000. The new world-record for any Rolex ever sold at auction, the ex Eric Clapton "Albino" Daytona selling for over CHF 1.3 million (Phillips) made headlines but the General MacArthur Jaeger LeCoultre Reverso at Antiquorum reaching CHF 87'500 was a memorable moment, too. The pattern is always the same: collectors are seeking quality, expressed by condition, rarity, originality, provenance and freshness to the market.

Also antique (pocket-) watches enjoyed a solid performance with many notable results, demonstrating that we are not only looking at a phenomenon linked to wristwatches.

Certainly, Rolex continues to be the hottest name in terms of audience, as demonstrated by the themed Glamorous Day-Date Auction staged by Phillips where an exceedingly rare example in platinum (Ref. 6612 from 1958) fetched CHF 473'000, setting a new absolute world-record for any Day-Date ever sold at auction. But when looking at the top-ten lists published by the auction houses, one can spot a number of other names, showing that the market is more varied and open-minded than ever before.

So, we have all the good reasons to look forward to our summer holidays and expect an even more interesting fall auction season, as I expect all players (sellers, buyers, dealers and auction houses) will do their analysis and adapt their strategies to this 2015 reality - already understood by some, by others maybe soon.
 

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

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

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

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

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

I was lucky enough to work with Aurel Bacs at Christie's and I recognize his particular position in the marketplace. He is an extraordinary expert and a trusted advisor to most of the top watch collectors in the world. So when I found out that he was thinking of setting up his own company I thought we should have a conversation. Because I want to build up an auction house at Phillips that builds on what we have already established and looks at specific areas of the market and attempts to be the best it possibly can.

I am determined to set the highest possible standards and Phillips has just opened a new sales room at Berkley Square in London which has had a similar sort of impact because it gives us a viewing capability that is unmatched by any of the traditional auction houses in London. It is spectacular and it gives an idea of our aspirations and the standards we are setting. We want to offer the best environment for people to sell and buy in.

We are currently developing a spectacular space in Geneva for our auctions and brokerage business, about which we will be making some announcements in the coming weeks. But we definitely feel that an important part of our business will be private brokerage and auctions. What we are hoping is to become the trusted brokerage at the top end of the watch business.

  
It will be important. We can offer the key watch collectors the best possible service and the best possible access to watches. The brokerage and private sale side of the business will allow us to develop this kind of relationship and give people opportunities that they might not otherwise get. It's a key part of our business plan.

Yes, over the next couple of years, possibly as soon as November in Hong Kong, we will roll out a series of auctions worldwide. The final auction plan will be Geneva, Hong Kong, New York and London.

We have set ourselves some aspirational goals. We want to lead the market in vintage watches but at the high end. We are not about volume and we will be dealing with relatively low volumes but high values. Who knows how we will stack up against our competitors? They may decide to go into a much higher volume, low value business. Actually, you can see that already and we think this is the wrong way to go and we are going in the opposite direction and I think it is the right strategy for us.

I believe generally for Phillips that we need to give clients more choice and I think we will make a big impact.

I am always amazed at how low some of the estimates are and how well they compare with retail. If you look at some of the watches in the Rolex Day-Date sale they are below today's retail price, so to someone thinking about buying a watch this is an interesting alternative to buying from a jewellers. The watch may well maintain its value better than a new watch.

I have a small collection but coincidentally one of the watches I don't have is a Rolex Day-Date, so this is the perfect opportunity for me and there are a number in the sale that I like. Aurel always manages to get a bid out of me somehow.

 
No, we are allowed to bid but the way we do it is governed in a special way. We have to leave bids in writing before the sale. 

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.

The vintage watch market has been experiencing a boom over the past few years. With a multiplication in the number of distribution channels for vintage watches, which can now be purchased at auctions, from specialist dealers or on the Internet, the number of scams has increased proportionately. "The vintage watch business is a jungle, especially on the Internet," says Laurent Ponti, a watch dealer who has been established in Geneva for 13 years. It's a jungle from which you can nevertheless emerge unscathed, with a nice watch on your wrist, on one condition: you respect a few basic principles.

Pleasure above all

There is no point trying to make a good investment regardless. Any respectable dealer will advise you to buy something that you like. "We can never guarantee that a watch that a customer buys will increase in value," Laurent Ponti stresses. Taking the time to determine your own needs and desires is also important, according to Vanessa Chicha, co-founder with her husband Fabien of Iconeek, a website with a showroom in Geneva that specialises in second-hand, vintage and modern watches. "Buying a watch just for the sake of it is pointless. There needs to be an impulse, even if it has to be thought out." Aside from legendary collectors' models such as the Rolex Daytona, the Omega Speedmaster, the Audemars Piguet Royal Oak, the Jaeger-LeCoultre Reverso or any Patek Philippe, it is not always easy to navigate your way around a mind-boggling selection of vintage watches. Getting advice from someone in the business, or an expert, is therefore undoubtedly a good idea. "A bit of surfing on the Internet may help you to narrow things down," says Vanessa Chicha, pointing out at the same time that you need to be careful not to be duped by the goods on offer.

The dangers of buying on the Internet
"Before buying a watch, people often say that you need to buy the dealer. In other words, know who you are dealing with." Laurent Ponti advises us to make sure we are well informed about the seller. If he has a storefront, his reputation will often precede him. If it is an online sale, you must be doubly cautious and above all take the time to communicate in detail with the seller. Another misconception that you are bly advised to forget about: that of doing the deal of the century. "There are no good deals on the Internet," Laurent Ponti assures us. In other words, beware of prices that are too tempting to be true. "There are many scams."

Be extra-careful with details

Whether you are buying from a shop or on the Internet, if the seller appears to be a trustworthy person you still need to pay attention to some important elements. Ideally, the watch should come with its original paperwork. This is generally the case for younger watches. For older watches, for which paperwork may have disappeared, we bly recommend that you ask for a valuation. And it is essential to get an invoice from the seller. If the watch is offered for sale by a professional dealer, he will usually check the serial number beforehand. His good relationship with the brands will also allow him to authenticate certain models. But be careful with some details: "Very often dials have been cleaned up," notes Vanessa Chicha. Just changing a single hand could change the watch's value completely. Although collectors may not fall into such traps, the humble watch lover who is drawn in by an attractive price - between 10% and 50% below the cost of a new watch - could very easily have his fingers burned. Keep an eye on the market, take your time and get help… This is the best way to avoid being conned.
 

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

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."

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

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

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

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

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

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

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

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

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 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.

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.
 

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. 

HODINKEE - 15 October 2012

Turn down a side street off one of London's most famous roads, and you'll find yourself on a block that could be nearly anywhere in central London. Rows of identical townhouses in faded brick line both sides of the narrow paved lane, and there is something sleepy about the place. But hidden on an upper floor of one of these nondescript residences sits the Bamford Watch Department.
The Bamford Watch Department is the brainchild of George Bamford, a charming, amiable Londoner with a love of spy novels (which inspired the semi-hidden headquarters) and a very earnest telling of the inspiration for his company. For his eighteenth birthday, George was given a Rolex Daytona and thought he had received the coolest watch on the planet. But quickly, after finding numerous friends with the same Daytona on their wrist, he started thinking of ways to make his watch more "his."

George is passionate about Rolex and historic sport watches, and collects them feverishly. He wanted to work within this framework while also creating something personal and unique for himself (and now his customers). Rather than designing new watches from the ground up, George decided to take the classics he loves so much and customize them.
The foundation of a Bamford watch is the super high quality PVD coating. But on top of this there are numerous options. Dial finish, hours/minutes markers, hand configurations, bezel treatments, and a number of other things can be tweaked and adjusted to suit the customer's preferences. The goal is to deliver a watch that is unique and personal to the wearer. It is important to note that Bamford was indeed the first to customize a Rolex, and is considered to be the highest quality of the now many after-market customizers. No expense is spared. To give you an idea, Bamford is currently working on a special engraved case for a client, and they've hired ex-Purdey engravers to do the work. If you know Purdey, you know what that means - the absolute best.

Entering the discrete Bamford Watch Department headquarters feels like stepping into a Bond novel. Up the plush stairs and through a heavy door is a watch lover's dream lounge. Outfitted with chalk-striped Ralph Lauren furniture, photographs of BWD watches, white orchids, a model Ferrari, decades-old watch books, and even a few bottles of Rolex's Perpetually Yours cologne, the room feels more like your cool best friend's living room than a place to buy watches. And Bamford's love of Rolex is more apparent nowhere than in this room.
During our recent trip to London, George was kind enough to sit down with team HODINKEE to walk us through his latest offerings. Opening the sleek case he brought with him, George showed us a California Dial Submariner, a Sonar Milgauss, a Ghost Milgauss, a Paul Newman-esque Daytona, and a handful of other interesting BWD watches. The quality of every details was extremely high across the board - these are a far cry from most after-market modifications. Very cool indeed.

George gets excited when he talks about meeting clients with interesting ideas (whether they share his particular taste or not), listens more than he speaks, and seems genuinely excited about giving people a product for which they can feel a real sense of ownership. The "I did it for myself and it just happened to become a business" story doesn't sound contrived or fake at all when George tells it, and by the end of our afternoon together, I was already trying to figure out which configuration I might want most.
Click here to check out more from the Bamford Watch Department, and view their recently redesigned website.

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

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

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

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

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

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

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

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

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

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

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

WORLDTEMPUS - 20 August 2012
When I am evaluating the condition of a watch, I always examine the case's lugs for thickness and uniformity. With experience after studying lots of watches, you will learn what a case looks like before it is refinished. For example: on complicated Patek Philippe models, especially perpetual calendar chronographs starting with the second-series 2499 models, the lugs have steps. Study these watches closely to learn what the steps look like when they are new. Stay away from cases with soft lugs or request a deep discount for a soft case. The metal can never again be made whole once it is polished away.
In the previous three parts of this series, we have learned that the dial is the most important and valuable part of a vintage watch. Accordingly, the condition of the dial is paramount. Ideally, there will be no imperfections like flaking paint, no rust, or missing applied pieces. Many vintage watch dials have lacquer on them; after many years lacquer can craze or crack. This is actually a desirable effect on some watches like the glossy dial of the Rolex 5513 Submariner. Spotting on a dial that is a few decades or more in age is normal, and as long as it doesn't detract from your enjoyment of the watch, it is normally acceptable. The hands, usually included with the dial in grading condition, are frequently in different condition than the dial. Oxidation or pitting can often be found on hands. If there is luminous substance on the hands, it can be cracked or have completely fallen out. In this regard, original hands, regardless of their condition, are more valuable than replacement hands, even if the latter are like new.

In terms of dial condition, there are some specific discolorations that enhance the value of the watch. Most common is patina, which is the word used for something whose color changes over time. The luminous hour markers on Rolex dials are the most useful example. Study the dials of, say, Reference 5513 Submariners. You will find hour markers from snow white (no patina) to deep butterscotch color. The important thing, in terms of value, is that the patina is uniform across all luminous elements. Another permutation in hue is the so called Color Change (or "Patrizzi") dials on the Rolex 16520 Daytona models. This only occurs on the black dials and, specifically, on the chapter rings around the subdials. Originally, the chapter rings were white or pale silver. Some, over time, develop a brown coloration. For many collectors, this is a pleasing effect and makes the watch more valuable. Incidentally, dials with a propensity for having chapter rings turn brown usually also have an inverted 6 on the chronograph hour totalizer subdial. One last example of a desirable color change is the Rolex Explorer II reference number 16550, whose white dials have turned to a deep cream color.

Bracelets hopefully stand the test of time without stretching or losing links, however this is not as important as replacement bracelets are usually fairly easy to find, though likely expensive. Nothing is more personally disgusting than a used strap, much less a really old used strap. A new strap is preferred, as no one likes to wear a strap that someone else has sweated on. An exception to this is certain vintage pilot's watches with special straps or even ankle straps, which are basically almost as historic as the watch itself.
The last variable in determining the value of a vintage watch is provenance: the old "box and papers" thing. Without exception or qualification, it is always better to get as many of the elements that were originally delivered with the watch as possible. For many high-end vintage watches, the presence of the original box, documents and other paraphernalia can enhance the value of the watch by as much as 25 to 35 percent.
Interestingly, what was given out with the watch was often different depending on where in the world the watch was purchased. Let's face it, we all like to get as much as possible for our money, and the goodies and extras are important and quite valuable. The original guarantee or chronometer certificate for a watch also proves authenticity. There is an active market for vintage watch boxes, product booklets, hang tags and the like. Buyer beware, however: these items can also be faked. You can never be too careful in learning about the paraphernalia, what to look for to know if you are looking at genuine artifacts or fakes.
A final thought when it comes to finding a watch with its original elements: the original owner and perhaps subsequent owners who cared enough to keep the watch and its things together was probably an owner who took good care of the watch itself. Easily 90 percent of vintage watches have no box and papers, so finding a complete package is rare, exciting and valuable. Good luck!

Related stories:

COLLECTING - Vintage Value Equation (1)
COLLECTING - Vintage Value Equation (2)
COLLECTING - Vintage Value Equation (3)

The archetype of the diver's watch, the Oyster Perpetual SUBMARINER presented at Baselworld 2012 sports a new look to complement its iconic personality. with its subtly redesigned case and its new bezel and bracelet both benefitting from recent Rolex innovations, this latest generation SUBMARINER is firmly in line with the tradition of the historic model launched in 1953. It sets new standards in terms of robustness, legibility and reliability, strengthening its status as a watch of action with timeless allure.

Ceramic bezel and long-lasting luminescent display 

The unidirectional rotatable 60-minute graduated bezel of this new SUBMARINER is equipped with a black CERACHROM insert made of virtually scratchproof, non-fading, corrosion-resistant ceramic. The graduations are coated via a PVd process with a thin layer of platinum. The sleek black dial harbours large CHROMALIGHT hour markers and hands filled with luminescent material that emits a long-lasting blue glow. This exclusive display offers exceptional legibility in the dark. 

The OYSTER case, symbol of waterproofness 

The SUBMARINER's 40 mm OYSTER case, guaranteed waterproof to a depth of 300 metres (1,000 feet), is a paragon of robustness. The middle case is crafted from a solid block of particularly corrosion-resistant 904L steel. 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, screws down securely against the case in a manner akin to a submarine's hatch. 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 SUBMARINER's high-precision movement.

Calibre 3130, a superlative chronometer 

The new SUBMARINER is equipped with calibre 3130, a self-winding mechanical movement entirely developed and manufactured by Rolex. Like all PERPETUAL movements, the 3130 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 SUBMARINER is fitted with a solid-link OYSTER bracelet in 904L steel. It features a new-generation OYSTERLOCK safety clasp and GLIdELOCK extension system. The ingenious patented system, located beneath the clasp cover, allows fine adjustments of the bracelet length in 2 mm increments for a total of approximately 20 mm - without using any tools. This allows the watch to be worn over a diving suit up to 3 mm thick and provides additional comfort in any circumstance.

The DATEJUST II continues the tradition of the DATEJUST, the emblematic model created by Rolex in 1945, the first self-winding waterproof wristwatch chronometer to display the date in a window on the dial. A reinterpretation of that symbol of the modern watch, the DATEJUST II inspires admiration with its impressive case and technical attributes.
The OYSTER case, symbol of waterproofness
The DATEJUST II's 41 mm OYSTER case, guaranteed waterproof to a depth of 100 metres (330 feet), is a paragon of robustness. The characteristically shaped middle case is crafted from a solid block of particularly corrosion-resistant 904L steel. The fluted case back is hermetically screwed down with a special tool exclusive to Rolex watchmakers. The winding crown, fitted with the patented TWINLOCK double waterproofness system, screws down securely against the case. The crystal, with a CYCLOPS lens at 3 o'clock for easy reading of the date, is made of virtually scratchproof synthetic sapphire. The waterproof OYSTER case allies refinement with efficiency in protecting the DATEJUST II's high-precision movement.

Calibre 3136, a superlative chronometer
The DATEJUST II is equipped with calibre 3136, a self-winding mechanical movement entirely developed and manufactured by Rolex. Like all PERPETUAL movements, the 3136 is a certified Swiss chronometer, a designation reserved for high-precision watches that have successfully passed the Swiss Official Chronometer Testing Institute (COSC) tests. Its architecture, like that of all OYSTER watch movements, makes it singularly precise and reliable. The oscillator, the true heart of the watch, has a blue PARACHROM hairspring patented and manufactured by Rolex in an exclusive alloy. Insensitive to magnetic fields, the PARACHROM hairspring offers great stability when exposed to temperature variations and remains up to 10 times more precise than a traditional hairspring in case of shocks. The oscillator is fitted between high-performance PARAFLEX shock absorbers, patented by Rolex, which offer 50 per cent greater resistance to shocks.

Comfort and elegance of the OYSTER bracelet
This DATEJUST II model is fitted with a 904L steel OYSTER bracelet with a folding OYSTERCLASP. Developed and patented by Rolex, this elegant solid-link bracelet offers remarkable comfort and ease of use. It 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.

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.

In less than fifty years the combination of high quality creations (made in Switzerland) and the Latin spirit of the brand won over the Americas. Various fine watch brands (Rolex, Patek Philippe, Longines) associated their names with Cuervo y Sobrinos (a more prestigious name at that time) to co-produce watches based on Havana time - a legacy of "bygone time". The boutique quickly became so successful that in the 1890s Cuervo y Sobrinos decided to expand its production network, opening branches in three crucial European cities.
While most European luxury product creators expanded their international business to other continents, Cuervo y Sobrinos was one of the first overseas brands to take the opposite path, successfully working on the Continent: in Pforzheim, Germany, where La Casa selected its precious stones; in Rue Mezlay in Paris, where its finest jewels were made, and later, in La Chaux-de-Fonds, Switzerland, where its timepieces were created.
For its select clientele, a visit to La Casa in the heart of Havana was a must on every trip, just like visits to the great jewelers on Place Vendôme in Paris or Fifth Avenue in New York. In the 1940s, the heyday of the brand, prized Cuervo y Sobrinos products weren't simply premium watches but reflected a lifestyle and a way of thinking. After having its name among top watch brands for more than fifty years, the company's business slumped after the political uprisings in the country. The Cuervo family left Cuba for Europe and for nearly forty years the brand lay dormant.
 

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

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

Top ten

Revue FH - 27 October 2011

Nestled in the heart of the Joux Valley, the firm Dubois Depraz designs, develops and constructs additional movements for watch complications for some of the greatest names in watchmaking, including Patek Philippe, Breitling, Rolex, Omega, Richard Mille, etc. Be it chronographs with multiple indications (with or without perpetual calendar), special mechanisms indicating days, months, leap years, moon phases, sunset and sunrise, the equation of time, tides, timezones, jumping-dials, governors, mechanisms for regattas, watches for polo, as well as minute, quarter and five-minute repeaters, extra-flat mechanisms, etc, the world of complications no longer holds any secrets for Dubois Depraz. Around fifty brands currently employ the services of the firm, which is ready to rise to any challenge thrown down to it.

110 years of history have led Dubois Depraz on the path to their present success. On 1st January 1901, Marcel Depraz set up his first watchmaking workshop in Le Lieu, at number 12, Grand-Rue, over the family baker's shop. Ten years later, with a view to increasing his firm's capacity, he teamed up with his brotherin- law Marius Guignard. Together, they set up a second company: Depraz & Guignard. Marcel's children, Gabrielle and Roger, also joined the family business. In 1937, Marcel Depraz decided to strengthen his two companies and employed his son-in-law Reynold Dubois. Results were not long in coming, with the rapid launch of the 13 3/4 chronograph calibre. This master stroke saw the production of more than 4.5 million movements up to the 1970s. In 1947, the two firms merged under the name Depraz & Cie. In 1956, Gerald Dubois, a young watchmaking engineer and father of the two present-day directors, set up a research and development design office.
Eleven years later the world's first modular chronograph was born, the 11-12 Chronomatic calibre. This invention was awarded the diploma and silver medal at the Brussels Inventors Show in 1969. Meanwhile, Depraz & Cie changed its company name to Dubois Depraz SA.

In the 1970s, despite the economic difficulties, the firm presented another world first, a mechanical chronograph with an analogue display featuring an electronic tuning-fork movement. In parallel, it diversified and embarked on the production of mechanical and quartz chronographs fitted as standard on aircraft and cars. Despite these launches, the crisis proved too b for the partnership between the two directors and in 1979 Gerald Dubois purchased the buildings and continued the adventure alone. In 1983, after several years of research, Dubois Depraz launched the calibre 2000 chronograph which could be adapted to all mechanical or quartz movements. This innovative concept caused a sensation in the watchmaking world and even today remains one of the firm's flagship products (around two million have been manufactured to date).
In 1987, Jean-Philippe Dubois, the current CEO, joined the company. He was followed five years later by his brother Pascal, who was appointed as director. Finally, in 2006, they acquired one of their suppliers, DPRM (Decolletage pignons et roues manufacture), located in Arch (canton of Bern).

In the course of these eleven decades, Dubois Depraz accumulated a huge wealth of expertise that was passed on from generation to generation. Even today the firm holds the secret of certain manufacturing phases no longer used by anyone else in the watchmaking world. An example is «tribofinishing», the process which consists in deburring and polishing pieces in a single operation. This involves turning pieces from one to seven days in sealed cylinders of different sizes, according to the desired end result. The media inside the rollers consist of different materials (copper, ceramic or plastic), special soap and polishing powder. Although the processes of deburring and polishing are widespread in the watch industry, Dubois Depraz's secret lies in the dosing of components and the length of the operation.

Manufacturing secrets alone would be worth nothing without skill, hard work, and the precision and quality of products delivered by Dubois Depraz. Today, 220 people in the Joux Valley and 50 in Arch work industriously under the roof of this independent family business.

Amongst the exceptional highlights being offered are a recently discovered Patek Philippe full 24-hour repeating, quarter and special type five-minute repeating 24- hours in one revolution pocket watch and a Patek Philippe ref. 1518 in yellow gold. In addition, the auction will offer over 603 exceptional modern and vintage timepieces. Previews will be held in Hong Kong, Shanghai and Geneva.

The highlight of the sale is the recently discovered Patek Philippe full 24-hour repeating, quarter and special-type five-minute repeating 24-hours in one revolution pocket watch. This exceptional watch was originally sold to Monsieur E. Hoesch, Villa Barbaia, Mergellina, Naples, on November 27, 1894 for 3750 Swiss Francs. It is a highly important 18K pink gold, keyless pocket watch with perpetual calendar, chronograph, moon phases, and lunar calendar accompanied by the original certificate of origin and Patek Philippe sales receipt.

Another outstanding timepiece included in the sale is the Patek Philippe, ref. 1518, 1st Series. Made in 1948, it is an extremely rare, 18K yellow gold gentleman's wristwatch with perpetual calendar, moon phases, square button chronograph, register and tachometer accompanied by the extract from the archives.

Also offered is a Patek Philippe ref. 5959. Sold on October 3, 2007, it is a very rare, platinum and diamond wristwatch with coaxial round button split-seconds chronograph and register. The watch is accompanied by a Patek Philippe fitted box, certificate of origin and instructions.

Another patek Philippe that is sure to attract collectors around the globe is the Patek Philippe "World Time," ref 5131G. Sold on April 13, 2010, it is a self-winding, water-resistant, 18K white gold wristwatch with world-time system and cloisonne enamel dial offered with a fitted box, certificate of origin, booklets and hang tag.

 In addition, the auction will include a Patek Philippe ref. 844, movement made in 1947, completed and cased in 1973 and sold on December 1st, 1980. This exceptional piece is an elegant, 18K yellow gold, keyless, minute repeating dress watch with digital "American" perpetual calendar and moon phases accompanied by the extract from the archives.

Another exquisite piece offered in the sale is the Rolex ref. 6284 "Two Americas" with cloisonne dial by Marguerite Koch, made in only six examples circa 1950. From the property of the original owner, it is an exceptionally rare self-winding, water-resistant, 18K yellow gold wristwatch with cloisonne enamel map of the two Americas.

Antiquorum experts are also pleased to offer an A. Lange & Söhne minute repeater with Lange double-chronograph system, produced in 1884 and sold on September 30, 1884 for 1,750 Marks. One of three examples made, this is a large and heavy, 18K red gold, minute-repeating, keyless, hunting-cased pocket watch with 1st Quality movement with precision balance, Lange double-chronograph system with single push-piece for all four functions via one column wheel and split-seconds calipers on the dial side. This outstanding watch is accompanied by the extract from the archives.

Another noteworthy Rolex included in the sale is the Rolex , "Oyster Perpetual, COMEX, 660ft=200m, Submariner", Ref. 5514/5513 formerly belonging to Patrick Raude. Produced in 1972, it is a water-resistant, center seconds, self-winding, stainless steel diver's wristwatch with first generation helium escape valve. The watch is accompanied by a Rolex Geneva service invoice (now void, dated 2005), a photocopy of Mr Raude's passport, the original sale invoice from Mr Raude to the previous owner in 2002 and an original Rolex advertisement from circa 1985.

Antiquorum experts are also delighted to offer a Patek Philippe, ref. 1339 "Piece Unique - Pendulette Dome", "Musique de Chambre Quator". This magnificent timepiece is a unique, solar-powered and electro-mechanical, brass table clock with polychrome cloisonne enamel panels depicting an orchestral quartet. It is accompanied by the Patek Philippe box, certificate of origin, hang tag and Patek Philippe (Japan) service guarantee card.

For the miniature collector, Antiquorum experts are pleased to offer a Patek Philippe Ref. 866/8 retailed by Gubelin with unique enamel miniature "Wolfgang Amadeus Mozart" by Suzanne Rohr after Christian Leberecht Vogel (1759-1816), signed and dated 1971.  It is accompanied by the original Patek Philippe fitted box and Certificate of Origin.

Patek collectors will also want to bid on the Patek Philippe "Calatrava observatory type", Produced in 1903, cased in 1936 and sold on February 5, 1936. It is a possibly unique and extremely fine stainless steel Staybrite gentleman's wristwatch with sector dial and subsidiary dial at 9. Recently overhauled by Patek Philippe Geneva, it is accompanied by an extract from the archives and the original Patek Philippe fitted box.

__________________________________________________

 
Preview & Auction Schedule
Auction: Sunday, November 13
Session 1: (lots 1-176) at 10:00 am
Session 2: (lots 177 - 603) at 1:30 pm
Mandarin Oriental Hotel du Rhone
Salon Saint-Gervais
Quai Turrettini1
1201 Geneva
 
Hong Kong Preview
Friday, November 4: 11 am - 7 pm
Antiquorum Auctioneers (HK) Ltd.
Room 704, No. 9 Queen's Road Central
Hong Kong, China
Tel + 852 2522 4168
 
Shanghai Preview
Sunday, November 6: 10 am - 6pm
Antiquorum Shanghai
Room 4106B
Bund Centre Office Tower
222 Yan An Road East
Shanghai 200002,China
Tel. + 86 21 6335 1268
 
Geneva Preview
Thursday, November 10 to Saturday, November 12: 10 am - 7pm
Sunday, November 13: 10 am - 6pm
Antiquorum Showroom
3, rue du Mont-Blanc
1211 Geneva, Switzerland
Tel. + 41 (0) 22 909 28 50

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).
 

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

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

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

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

GMT Italia - Summer 2011

Amongst the teams competing in the great watchmaking championships, two "dream teams" draw particular attention to themselves. One of them, led by Jean-Claude Biver, is stabled with the LMVH group. The other, under the watchful eye of Georges Kern, is to be found at the heart of the Richemont group.
Both run a brand, while

At LMVH, annual sales in the watchmaking and jewellery sector added up to close on a billion euro on December 31 last year, showing an almost insolent 29% increase. At Richemont, it took only six months to pass the 900 million euro mark with the watchmaking division alone. Here also, growth was nothing short of incredible: +38% for the semester April to September 2010! Both these captains of industry face huge pressure, stiff competition - including internally - and similar challenges: conquering new markets, managing the supply chain and distribution network, ensuring growth and coherence with the brand values. Even though the demands - and successes - are similar, their style is completely different. There is Jean-Claude Biver's spontaneous, creative marketing. This man shows off his brand, Hublot, in the most unexpected places, maximising opportunities at major events. He is able to evaluate an event and make a decision in just a few minutes, moving onto turf already occupied by his competitors. We saw him flirt with Alinghi before taking over its sponsorship from Audemars Piguet. We saw him on the illuminated referee boards at the last World Cup, as well as lighting up the Vendôme column standing at the heart of the most prestigious location in Paris - and incidentally right in the middle of the logo of Van Cleef & Arpels, a watchmaking colleague and competitor. His brand is to be found on skis, bicycles and even... cheese wheels!

Georges Kern on the other hand, practises business school marketing with unfailing rigour. In his realm, creativity is not paramount, but is channelled and used as part of a long-term strategy. Be it IWC, Baume & Mercier or Roger Dubois, the markets are fragmented, with products distributed on a value pyramid and innovations selected depending on gaps that need to be filled, building the worlds of reference frameworks that accompany each brand down to the last detail. Baume & Mercier is spending this year under the Capeland banner, with its American East Coast flavour, while IWC took up residence in Portofino. Roger Dubois is ticking to casino time and even its USB sticks are shaped like gambling chips. Exuberance vs rigour, instinct vs strategy, the completely opposing style of these two men is apparent on all levels. Take their annual reports on the figures and performance of their brands.

The Richemont Group to which IWC belongs tends not to say too much and prefers to opt for secrecy, much in the same manner as private banks, as if opacity were a measure of power and success. In this respect, the operational style of the group chaired by Johann Rupert is very similar to that of Rolex. Jean-Claude Biver, on the other hand, sends waves of text messages to announce the results of his most recent exhibition, or the signing of a new partnership. At the end of the day, the information that he is supposedly sharing is necessarily only partial, but it is shared with such enthusiasm that it leaves a pleasantly transparent aftertaste.

Limited edition of only 2,000 copies. Attached are the updated estimates of all Rolex Milgauss, Explorer I, Explorer II, Turn-O-Graph and Yacht-Master watches. Together with "Rolex Submariner Story", it is the world's biggest book on Rolex watches.

BUY

"Collecting Rolex Milgauss, Explorer I, Explorer II, Turn-O-Graph and Yacht-Master" represents a new adventure, a journey through these models which nobody has yet "Explored" in such depth.

ORDER BOOK

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.

After the great success of the first edition "Collecting Rolex GMT-MASTER wristwatches", now sold out, Mondani Editor has decided to publish a second version which also presents the models produced in recent years, in order to give the information which has become essential today for buying and selling GMT-Master watches and to improve the contents of the preceding edition.
 

Some of the questions a collector asks himself nowadays are:
- Are the aluminium bezel inserts of the ref. 6542 coeval?
- Is there a way to know if the bezel has been replaced?
- The ref. 1675 in stainless steel has been created with the possibility to fit two bezels: red/blue and black?
Thanks to the in depth study, this edition helps to dispel these doubts.
 

Only in this book will it be possible to find the first models of the 50's down to the most recent watches. Special attention has been paid to the variations of the bezels, dials and cases - factors which today help determine the value of the watch. "Collecting Rolex GMT-MASTER" is a specific volume about Rolex GMT - MASTER which includes timepieces from the first models of the 1950's to the ones of the last period, including prototypes, military models, bracelets and all case and dial variants.

This edition also offers a widening of those references which have always been desired by enthusiasts and collectors, such as for example the refs. 6542, 1675, 16750 and many others.
 

For each reference, a detailed sheet is reported, indicating the years of beginning and end of production, the calibre and all the characteristics of the watch (crystal, bezel, bracelet, case back, winding crown, case number with production year, dial, movement, ...).
"Collecting Rolex GMT-MASTER Wristwatches" also offers a widening of those references which have always been objects of desire of enthusiasts and collectors, such as the refs. 6542, 1675, 16750 and many others.

WORLDTEMPUS - 30 June 2011

Wimbledon may seem anachronistic - grass courts are virtually extinct outside Britain - with its somewhat outdated traditions, but in reality the most prestigious tennis event in the world has always been a trailblazer. Its secret is actually to continuously change while staying the same, displaying long-term perspective to realize that its traditionalist aura is its biggest strength.
Rolex boasts precisely the same approach. Seemingly immune to fashion and trends, the Geneva-based brand maintains a consistent collection that features subtle changes every year, with even the updates carefully made to respect the "evolution in continuity" that seems to be the company's mantra.
Wimbledon and Rolex have been together since 1978 and form one of the oldest associations in the history of sports sponsoring - a partnership made in heaven, since even the dominant corporate color of both institutions is the green that governs the landscape and grass courts of the All England Lawn Tennis Club where the tournament is held. Clearly bound by mutual respect for tradition and long-term vision, the long-standing relationship between Wimbledon and Rolex is set to last.
High-caliber tennis pedigree
In the past decade, Rolex has become one of tennis's biggest investors, assuming the timekeeping role in many of the biggest events and boasting a growing stable of ambassadors.
Beside its historical tie with Wimbledon, the Geneva-based company also sponsors another Grand Slam tournament in the Australian Open, the biggest team competitions in the world (Davis Cup and Federation Cup), the year-end championships on both tours (ATP World Tour Finals and WTA Championships), and several Masters 1000 events - including the Monte-Carlo Masters. The list of testimonial ambassadors among the active players is topped by living legend Roger Federer, who won the first of his record-holding sixteen Grand Slams precisely at Wimbledon. He embodies Swiss precision on court. Other Rolex testimonials include the charismatic Frenchman Jo-Wilfried Tsonga, the gentle giant from Argentina Juan Martin del Potro, world number one Caroline Wozniacki, former world number one Ana Ivanovic, recent French Open champion Li Na and her Chinese countrywoman Zheng Jie.
The question lies directly at the tip of the tongue: why is Rolex investing in tennis so heavily?

Firstly, thanks to its longstanding association with Wimbledon, Rolex can boast a tennis "pedigree" of the highest caliber. Secondly, one of the brand's sponsoring directors knows everything about the sport: Arnaud Boetsch, a former number 12 in the world rankings, and the man who gave France the winning point in the first-ever Davis Cup final decided in the fifth set of the fifth rubber (against host Sweden, in Malmö, 1996). Boetsch had been living in Geneva for some time and, after retiring, started organizing events, including a Legends tournament in the Calvinist city, to which a special guest was invited.
"The president of Rolex was invited to one of the tournaments I organized and then Rolex proposed for me to join its team in 2003 because there was only one person with sponsoring and it was not enough," Boetsch recalls. "Now there are two of us in charge of sponsoring. I take care of all the tennis, sailing and cultural activities; my job is to make sure the Rolex brand keeps on shining and getting the best visibility - not in terms of quantity, but quality-wise. And we like to be associated to the best and most prestigious events."
Wimbledon is the most famous tennis tournament in the world and has a lot in common with Rolex. "There are two words that can define Rolex: tradition and innovation. Wimbledon is the same," says Boetsch, who made it to the All England Club's fourth round in 1992 before losing to Pete Sampras. "Wimbledon has been changing its infrastructure without changing its spirit; building new facilities, a retractable roof on the venerable Centre Court, showcasing a new electronic scoreboard, adopting the Hawk-Eye. Wimbledon changes, but keeps a b tie to its roots." These are roots that go way back to 1877; this year the tournament celebrates its 125th anniversary and, although many changes have been made to the grounds over the years, especially since 1994, the All England Lawn Tennis and Croquet Club has retained its unique image and character, achieving a perfect balance reminiscent of the Oyster Perpetual's concept.
Ambassadors
Rolex has been making the most out of its association with Wimbledon. "We developed a hospitality program from 2005 on, inviting clients from all over the world and offering them Centre Court seating - something really exclusive, providing them an exceptional experience," Boetsch explains.
Several Rolex ambassadors from other sports and areas of life also make the pilgrimage to the tennis Mecca; the prestigious guest list this year included ski champion Lindsay Vonn, horse virtuoso Rodrigo Pessoa, golf legend Gary Player in addition to golfers Adam Scott, Paul Casey and Martin Kaymer, and soprano Dame Kiri Te Kanawa.
The tennis testimonials have been visiting the Rolex suite on Centre Court during the tournament and two of them played a spectacular match just yesterday: Jo-Wilfried Tsonga defeated Roger Federer in a three-hour, 15-minute quarterfinal epic that saw the power of the Frenchman's serve overcoming the Swiss's finesse: 3-6, 6-7, 6-4, 6-4, 6-4.

The revered Centre Court is the quintessential tennis venue and has been kept free of advertisements with a few exceptions in the form of a few small logos. The Rolex sign on the scoreboard is the most famous one. Rolex is not only visible in this classic arena: for more than thirty years, Rolex has played an important role in Wimbledon's history and its clocks have also kept the official time on the outside walls of the hallowed Centre Court and throughout the grounds. For instance, the effervescent media centre possesses a collection of Rolex clocks showing the time in San Francisco, New York, Rio de Janeiro, London, Johannesburg, Tokyo and Melbourne: just a few of the major cities where tennis's greatest tournament is broadcast live.
Among the four Grand Slam tournaments; Wimbledon is certainly primus inter pares. Beside historical reasons, there are natural ones: the grass and the rain, the members and the queues, royalty and celebrities, strawberries and cream, triumph and defeat - and also timeless tennis and Rolex timekeeping.

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

TOP TEN RESULTS

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

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.

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.

WORLDTEMPUS - 22 March 2011

Expect to see hordes of people, nose flat on the doors before the fair opens. These people will most likely rush to Rolex's showcases and Tweet and blog their blurry pictures in order to be the very first to show the new products from the world's most famous watch brand. Even the tiniest changes to existing references will have readers of the online forums and blogs oooohing and aaaahing. Such is the world of Rolex fans - every year.

Rolex
Personally, I can wait for my presentation of the Rolex news, but I do expect to see a new Explorer II. At the very least, there should be a new dial and hand configuration. Rumor has it that this new Explorer II was all set for launching last year, but for some reason Rolex decided to wait another year. We shall see.
I also expect to see an all-steel version of the Rolex Submariner No-Date in the maxi case with ceramic bezel inlay. It would only be a natural evolution for Rolex to add this model to the "maxi case" sports collection.
Breitling
Breitling introduced its in-house B01 movement two years ago, and the famed watch brand has since introduced a couple of models sporting this new movement. I expect to see more models using this new movement, and probably not only B01 and Navitimer models.Patek Philippe
It is always a great pleasure to visit the enormous Patek Philippe stand in Hall 1. Even if you can't get inside for a presentation, the showcases surrounding the outside of the luxurious booth present the horological luxury that Patek Philippe does so well. The Nautilus collection is growing and it would be nice to see a gold version on a bracelet instead of a strap. This goes for the three-hander as well as the complicated models.

Hermes
Thanks to the recent dialogue between LVMH and the Hermes management, I certainly look forward to getting a closer look at the new watches from Hermes. I have never paid much attention to the watches from this company, but the "We are not in luxury; we are in quality" remark made by Bernard Puech, president of the board of directors of Hermes, when LVMH recently purchased 17.7 percent of the shares in the company makes it extra interesting to see if the watches are also part of this "quality."

Bulgari
In one breath, Italian luxury provider Bulgari also became part of the LVMH family when the group purchased 51 percent of the family-owned company. Will the Daniel Roth and Gerald Genta designs still feature Bulgari on the dial or will LVMH break the ties that were such a topic last year? Maybe it is too early to find out, as the takeover is rather recent. But, then again, maybe we can find out.
Either way, this is bound to be an interesting year at Basel. Stay tuned to Worldtempus for the coverage.

Geneva - Antiquorum's weekend sale of « Important Vintage and Modern Timepieces » held on Saturday 13th and Sunday 14th of November at the Mandarin Oriental Hotel in Geneva, realised CHF 7'006'275 with 80% of the lots being sold. This concludes Antiquorum's autumn auction season with a total of CHF 15'922'890.
In addition to the 339 online bidders, there was a substantial presence in the room as well as numerous telephone bidders. Attendance came from around the world , including Germany, Italy, the United States, Romania, Hong Kong, Taiwan, China, Singapore and Canada.
"We are very satisfied by the results achieved this weekend in Geneva, in particular with the impressive price obtained for the Everest Rolex of Alfred Gregory", said Julien Schaerer, Managing Director & Auctioneer. "This demonstrates the great interest of collectors for timepieces that not only have historical significance, but also bear great emotional value."

The top lot of the auction was the extremely rare Patek Philippe Ref. 2499, in Pink Gold (lot 643), which sold for a remarkable CHF 1'082'500. Other Patek Philippe timepieces achieved very good results, including the Ref. 3450 (lot 252), acquired for CHF 212'500 and the Ref. 866/75 in yellow gold (lot 636), with enamel hunting scene on the case back: "Departure of the pack at daybreak" that reached CHF 92'500.
 The Rolex Ref. 6098 (lot 621) worn by Alfred Gregory on Everest during the successful expedition of 1953, drew a lot of attention and excitement among the collectors. After fierce bidding in the room against the phone and internet, this watch of enormous historic significance sold for an exceptional CHF 145'300, more than 5 times its high estimate.
Another timepiece of great interest, the Quarter-Repeating Navette-Shaped Ring Watch (one of only two known examples) given to The Emperor Napoleon I. (lot 466), reached a remarkable CHF 92'000.
Girard-Perregaux wristwatches also obtained notable results including the "Opera Two, Tourbillon, Carillon 'Westminster' Minute Repeater with Tourbillon," No. 2, Ref. 99740 (lot 548) that achieved CHF 182'500. The "Vintage 1945 Collection Prestige Set Unique" (lot 547), comprising four exceptional platinum wristwatches, sold for CHF 112'900.
"Superb complicated modern wristwatches made both by the renowned Manufacturers and the independent artisan makers draw increasing interest amongst a new generation of collectors, seeking exclusive and limited series watches", commented Etienne Lemenager, Director & Watch Expert.
Omega aficionados were thrilled by the important collection of 40 Limited Edition Omega Speedmasters, property of a private Italian collector. These timepieces evoked great enthusiasm among bidders and achieved the exceptional result of CHF 223,250, with 100% of the lots being sold. Some of the highlights included the "Speedmaster Professional" Apollo XIII Ref. 3450022 (lot 12) which sold for CHF 9'375, the "Speedmaster Professional" 999 Galaxy Train Ref. 3571.50 (lot 25), made especially for the Japanese market which attained CHF 10'000 and the "Speedmaster Professional" Ref. 3570.40 (lot 27), another limited edition for the Japanese market, was acquired for CHF 8'750.
Finally, the Panerai "Luminor" Ref. 6152/1, made for the Italian military frogmen circa 1950 achieved an outstanding result of CHF 100'900.
"The Italian bidders have proven once again that they are key players within the European market continuing their traditional great interest for vintage wristwatches, in particular for Patek Philippe, Rolex and Panerai timepieces", said Thomas.

Results

swisster.ch - November 12, 2010

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

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

WORLDTEMPUS - 2 November 2010

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

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

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

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

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

MUSIC
Ben Frost (Australia) chosen by mentor Brian Eno (United Kingdom)

Australian composer, producer and musician Ben Frost, 30, is recognized for his music that is at once compelling, mystifying, disturbing and beautiful. In 2005, after receiving a degree in fine arts in Melbourne, Frost relocated across the world to Reykjavik, Iceland, where he co-founded the Bedroom Community record label.
His genre-defying work, influenced as much by Classical Minimalism as by Punk Rock and Metal, includes three emotionally powerful and critically acclaimed albums: Steel Wound (2003), Theory of Machines (2007) and By the Throat (2009). Frost's multidisciplinary collaborations linked him with renowned choreographers Gideon Obarzanek, Erna Ómarsdottír and Wayne McGregor, and with artists as diverse as Amiina, Tim Hecker, Nico Muhly and Björk. He is currently composing the score for the forthcoming massive multiplayer online game, World of Darkness, and working on several commissions for film and dance, including a reworking of Tarkovsky's Solaris and music for the new Random Dance production, Flesh in the Age of Reason.

"In my works I celebrate being South African. I look at my ethnic identity, gender identity and colonial heritage," says 34-year-old visual artist Nicholas Hlobo. Since graduating with a degree in Fine Art from the then Technikon Witwatersrand in Johannesburg, in 2002, Hlobo has demonstrated the singularity of his artistic vision at group and solo shows from Cape Town to Rome and Boston. "The ideas he explores are as deliberate and dense as the stitches he uses to unite his signature materials - rubber, gauze and paper," observes Kerryn Greenberg, assistant curator at London's Tate Modern where, in 2008, Hlobo exhibited four works, entitled Uhambo, at the Level 2 Gallery for emerging international artists.
The distinctive use of evocative materials is a hallmark of Hlobo's sculptural installations and performances, which are rooted in his native Xhosa culture and language. Among his most recent successes, he won the prestigious 2009 Standard Bank Young Artist Award for Visual Arts.

A naturally gifted dancer and fledgling choreographer, Lee Serle, 28, is a much sought after performer in his native Australia. Since receiving a bachelor of dance degree from Melbourne's prestigious Victorian College of the Arts in 2003, he has contributed to the work of several, mainly Melbourne-based, companies, notably Lucy Guerin Inc and Chunky Move, with which he has performed both nationally and internationally.
His choreographic credits include A Little Murky, a small-scale piece that experiments with subtle characterization and showcases his powerful and theatrical style, and I'm in Love, for the Next Wave Festival in Melbourne. Serle relishes the Rolex mentorship as a "oncein- a-lifetime opportunity" of extending himself under the tutelage of such a "seminal influence" as Trisha Brown. "The chance of becoming a dance artist in New York is a personal goal," adds Serle, whom Brown describes as a dancer of "tremendous promise", ready to expand his horizons internationally.

Annemarie Jacir, 36, a visionary, Palestinian film director and poet living in Jordan, was named one of Filmmaker magazine's 25 New Faces of Independent Cinema in 2004, a year after graduating with a Master's in Fine Arts from New York's Columbia University.
Co-founder of the Dreams of a Nation project, dedicated to promoting Palestinian cinema, Jacir deftly incorporates a nuanced analysis of cultural and political issues in her films, including like twenty impossibles (2003), an Official Selection of the Cannes Cinefondation. Her widely acclaimed debut feature, Salt of this Sea (2008), the first feature film by a female Palestinian director, premiered at Cannes and was an Academy Award submission for Best Foreign Language Film. It also won the FIPRESCI International Critics' Prize. Currently working on a new feature, Jacir cites Zhang Yimou's Raise the Red Lantern as a source of inspiration. "Films that I find the most inspiring are about the human spirit," she says.

For over a decade, Lebanese actor, writer and aspiring director Maya Zbib has been impressing critics with her subtle portrayals in widely diverse roles. The multi-genre work of the 29-year-old bridges theatre and performance by marrying the two practices through a variety of techniques.
Having acquired a Master's in Performance Making in 2007 from Goldsmiths, University of London, Zbib has created and performed in solo work, including The Music Box, a performance-installation staged in people's houses and showcased at international festivals. She currently comanages Beirut's Zoukak Theatre Company and Cultural Association, which she co-founded in 2006, and also teaches at Lebanese University's Institute of Fine Arts. In 2009, she was invited to participate in the British Council's Cultural Leadership International programme. Dedicated to theatremaking that has an impact on society, Zbib says: "I am very inspired by Mr Sellars' advocacy of theatre as a force for change."

The Rolex Mentor and Protege Arts Initiative
The Rolex Mentor and Protege Arts Initiative is an international philanthropic programme devised by Rolex and run by a team at the company's headquarters in Geneva. It seeks out highly talented young artists from around the world and brings them together with great masters for a year of creative collaboration in a one-to-one mentoring relationship.
History and objectives
The Rolex Mentor and Protege Arts Initiative was launched in June 2002. It runs biennially and is now beginning its fifth cycle (2010-2011). Its objective is to help perpetuate the world's artistic heritage. In keeping with its tradition of supporting individual excellence, Rolex is giving emerging artists time to learn, create and grow.
Programme format
Rolex invites masters in dance, film, literature, music, theatre and the visual arts to provide individual guidance to gifted young artists. In six disciplines, a senior artist (the mentor) agrees to foster and counsel a young artist (the protege) for one year. Each pair decides the most effective way of interacting.
Selection of mentors
Every two years, a new Advisory Board of distinguished artists and arts practitioners suggests and endorses potential mentors. Once the mentors have been approached and have agreed to take part, Rolex works with them to establish a profile of the protege they would like to work with.
Selection of proteges
Then, six Nominating Panels - one panel per discipline - are assembled. The panels are made up of experts qualified to identify suitable potential proteges. To ensure that the process is impartial, panel members remain anonymous during the selection period. Artists do not apply directly to the programme. Each Nominating Panel recommends potential proteges, who are then invited by Rolex to submit applications. The Nominating Panel studies all the applications and recommends three finalists. The entire process has an invaluable spin-off, as it allows the panellists to become aware of about 20 talented young people in their field. Rolex then arranges for the mentor to meet the finalists and choose his or her protege.
Year of mentoring
Mentors and proteges spend a minimum of six weeks together, though many spend considerably more time sharing knowledge and experience. The place and time of these interactions are arranged by mutual agreement. The form of the interaction is flexible, ranging from a protege being granted access to a master at work, to mentor and protege actually collaborating on a work. During the year, Rolex keeps in contact with the mentors and proteges to provide logistical support as required.

Protege grant
Each protege receives a grant of US$25,000 during the mentoring year, in addition to money to cover travel and other major expenses. Proteges are also eligible to receive a further $25,000 after the year is over. This is offered specifically towards the creation of a new piece of work, a publication, a performance or public event.
Documentation
To help give exposure to both the proteges and the programme, Rolex documents the year of mentoring in a publication and a film. A website - rolexmentorprotege.com - also describes the programme.
Outcome
After the mentoring year is over, Rolex continues to keep in touch with the proteges, following their careers with interest. The outcome for proteges varies: a new novel, a new stage production, a dancing career with the mentor's company and a collaborative artwork with the mentor are all examples of proteges' achievements through the programme. However, Rolex is aware that the full benefits of the programme for many of the young artists may continue far into the future.

Global creative community
Since the launch, in 2002, of the Rolex Mentor and Protege Arts Initiative, 256 artists, arts leaders and other cultural luminaries have participated in the programme. This includes 67 advisors who have helped select mentors and 147 nominators who have identified potential proteges. Programme participants contribute from across the globe, building a Rolex community of artists spanning more than 40 countries that grows in depth and scope with each mentoring year.

WORLDTEMPUS - 14 June 2010

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

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

The quintessential divers' watch, the absolute reference in its genre, the Submariner has expanded its horizons far beyond the element of its birth in 1953, while denying nothing of its aquatic origins.
At home in the depths of the oceans, a universe in which it remains the basic instrument of every diver, it long ago conquered terra firma, as the watch of action.
Waterproof to 100, 200, then 300 metres as it successively evolved since its launch, the Submariner has always been the symbol of Rolex's supremacy in waterproofness.

New features
Timeless and impervious to the elements, it is today available in a steel version sporting new features. Its 40 mm case in 904L steel, synonymous with robustness, waterproofness and corrosion resistance, boasts a new rotatable bezel fitted with a practically scratchproof black Cerachrominsert — or green for themodel with the green dial — with platinum graduations.
Penumbra and soft light
As much in its element in the penumbra of the ocean floor as in the soft light of sophistication, this new Submariner Date offers exceptional legibility thanks to hour markers and hands coated with luminescent Chromalight. Its mechanical movement equipped with a Perpetual rotor and a Parachrom hairspring pledges increased chronometric precision and reliability. Its unidirectional rotatable graduated bezel allows the safe reading of dive time.

A power of seduction that never goes out of style
This new model is no stranger to comfort. The Rolex Glidelock clasp allows for fine adjustments of the bracelet length. On land as at sea, watch and wearer are bound by the emotional charge deriving from the Submariner's irresistible power of seduction.

HH Magazine - # 29, July-August 2009

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

22 June 2009
- www.fratellowatches.com
I don't consider myself a collector of watches, I just 'collect' what I will actually be wearing. I had a modest collection of new & vintage Omega watches in the past, but I traded most of them for watches that would actually see some daylight every now and then instead of the inside of a safe.  
For me, this results in buying 'iconic' watches most of the time. True classics in terms of design, movement, history or a combination of all these aspects. For example, these icons include the Omega Speedmaster Professional, Rolex GMT-Master and (recently added) the Audemars Piguet Royal Oak. Michael Balfour wrote a nice book about iconic timepieces called ' Cult Watches'. Of course, some people may think differently on what an iconic timepiece may be. I can imagine that there are watch aficionados who consider an Ikepod Cunningham or a Bell & Ross BR01 to be cult watches as well.

Anyway, in the 10 years I have been buying or collecting timepieces, I always envied the people that just have one watch. Like the guy in the Patek Philippe advertisements, having a nice Patek Nautilus ref. 5711/1A, wear it almost a life time and then pass it on to the next generation (or someone else you love or care for). And in the beginning, I actually thought that an Omega Constellation would be my perfect "only watch". Or my Speedmaster Professional. Or my Rolex Sea-Dweller. Although I was able to wear a timepieces for months in a row, it turned out that I kept rotating timepieces from my collection (or buying new/other ones).

On some of the online watch forums, contributors tend to write about their latest acquisition as being their exit watch. By exit watch, they mean that they finally found their "only watch". Of course, after a while you see the same contributors adding a message that they bought something else or something new. To quote Michael Corleone in The Godfather part III, "Just when I thought I was out... they pull me back in."
Let me tell you this: There is no exit watch. At least, not for us watch addicts. An Omega Speedmaster Professional could be a perfect only watch. Or a Rolex GMT-Master. Or an Audemars Piguet Royal Oak. For a lot of people, they probably are. But we are spoiled. We complain about having no date on a Speedmaster Professional, the Royal Oak being a scratch magnet, the GMT-Master for not being as water resistant as a Sea-Dweller. It is rubbish. Normal people probably don't even come up with these lame excuses.
Would finding a new passion be a solution (or an excuse to only have one watch)? I guess not, because as soon as the word 'collect' comes in, you are lost… It doesn't matter what the subject will be.