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Top Quality Rolex Automatic Watches (2164) Items
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  • Watch auctions

    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.
     

  • Watch auctions - Phillips appoints Paul Maudsley

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

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

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

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

  • Foreword - A quarter-century in resolutely feminine mode

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

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

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

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

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

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

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

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

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

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

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

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

  • Collectors' watches - Phillips creates a Watch Department

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

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


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

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

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

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

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

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

  • Chanel - Lasting luxury in the heart of Parisian culture

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

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


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

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

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

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

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


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

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

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

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

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

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

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

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

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

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

  • Eterna - The essential KonTiki Date

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

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

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

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

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

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

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

  • Collecting - Vintage Value Equation (1)


    WORLDTEMPUS - 2 August 2012

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


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


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

    Related stories:

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

  • Colas - Watchmaking and the ventral striatum

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

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

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


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

  • Richard Mille - A Family of Champions

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

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

    b watches, not Armb

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

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

    More "technorological" creations

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

    Automatic Flyback Chronograph RM 11-01 Roberto Mancini

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

    Tourbillon RM 27-01 Rafael Nadal watch

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

    Tourbillon RM 59-01 Yohan Blake

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

    Tourbillon RM 58-01 World Timer Jean Todt Limited Edition

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

    Tourbillon G-Sensor RM 036 Jean Todt Limited Edition

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

    Tourbillon RM 56-01 Sapphire Crystal

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

    The Tourbillon RM 039 Aviation E6-B Flyback Chronograph watch

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

  • Rolex - Rolex Daytona Story


    It will not be just the world's biggest book on Rolex watches (together with "Rolex Submariner Story" and "Collecting Rolex Milgauss, Turn-O-Graph, Yacht-Master, Explorer") but also the most important edition ever done on Rolex: Rolex Daytona Story.
    A limited edition, in a large format, with unpublished material, very specific content, top quality images and updated estimates of all watches covered.
    All the usual features of Mondani's editions have been combined this time with the watch, which not only represents the dream of all enthusiasts, but is also an extremely important collector's item, the value of which will increase astronomically over the years.
    The authors are Osvaldo Patrizzi and Guido Mondani, two of the greatest Rolex experts worldwide.
     


    Throughout these pages, they illustrate all those small details which determine the enormous variations in watch value on the market today.
    All references are presented with the dates of the beginning and end of production as well as specifying all their main features: push-buttons, crown, bezel, dial, crystal, bracelets, graphic details of logos, writing and hallmarks.
    You will also discover many things about Patrizzi Dials, Floating Dials, inverted 6 and much more...
    From the Daytona manual winding models to the Oyster Perpetual series 16500 with Zenith caliber and Oyster Perpetual series 116500 with self-winding movement and Rolex caliber. Osvaldo Patrizzi and Guido Mondani, after years of research and study, will answer the main questions of modern collectors, like for example:
    Why the name Cosmograph?
    Do personalized case backs exist?
    What are the indexes of the Cosmograph dials like?
    Why do Rolex dials oxidize and change color?
    What are the differences between that dials of the series 16500
    and the ones of the series 116500?
    Updated estimates of all published Rolex watches are enclosed.

    BUY THE BOOK

  • Collecting - Vintage Value Equation (3)


    WORLDTEMPUS - 16 August 2012

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

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


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


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


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

    Related stories:

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

    COLLECTING - Vintage Value Equation (4)

  • Rolex - Rolex Awards for Enterprise


    Revue FH - 5 July 2012


    The 2012 Rolex Awards for Enterprise aroused keen interest. Indeed around 3,500 names were put forward - more than double that of recent editions - originating from 154 different countries (126 at the last edition). The average age of participants was down from 46 to 41. The percentage of women meanwhile rose from 23 to 28%, a record high.
    Members of the interdisciplinary jury, which included renowned scientists, explorers, environmental campaigners, doctors, educationalists and entrepreneurs, made their selection as follows:
    Sergei Bereznuk (51), Russia


    The Russian Far East is home to 95 per cent of the remaining population of the Amur, the biggest of the world's tigers (also known as the Siberian tiger), which weighs on average 200 kg. Today, an estimated 350 to 500 of this subspecies (Panthera tigris altaica) roam the frontier region bordering China and the Sea of Japan. Although sustained conservation efforts over recent years have moved the Amur tigers from «critically endangered» to «endangered» on the International Union for Conservation of Nature's Red List, they still remain at risk - mainly due to poaching.
    For the past 17 years, Sergei Bereznuk, a staunch Russian conservationist and ecologist, has been working valiantly to save the Amur tiger. Based on his experience since 1995 with a tiger anti-poaching brigade in the Primorsky Krai, the Russian Far East province commonly known as Primorye, Bereznuk is convinced that saving the Amur tiger depends on both the efficiency of anti-poaching measures and the education of the local people, two elements at the core of his Rolex Awardwinning project. Moreover, he considers the Amur tiger as a powerful driver for the general conservation of its ecosystem, the taiga forest.


    As director of the Phoenix Fund, a small, environmental NGO that he has headed for 12 years, Bereznuk and his team of six people are carrying out an impressive range of activities to preserve the Amur tiger over a territory of 166,000 km2. These include support of anti-poaching units, awareness-raising among local people, reversing habitat reduction due to fires and logging and resolution of humananimal conflicts, along with providing compensation for damage and monitoring invasive industrial projects in the region.
    Barbara Block (54), United States


    Large marine predators such as sharks and tunas are essential to maintaining the delicate balance of our ocean ecosystems, but overfishing, habitat destruction and pollution have caused reductions of populations worldwide. Measures advocated by scientists to reverse this decline include the creation of large marine protected areas in the open ocean that preserve feeding and breeding grounds. A major challenge has been to identify the best locations for these sanctuaries, since these species are highly migratory and difficult to follow.
    Barbara Block, a professor of marine biology, has developed innovative electronic tagging techniques that enable following fish beneath the sea. In the late 1990s, she helped develop the first pop-up satellite archival tag, a device that detaches itself from the fish on a pre-programmed date and floats to the surface of the sea where it transmits archived data via satellite.
    Block's aim is to build the technology that will enable monitoring of these ocean hotspots and to engage the public on the plight of marine predators that roam along the west coast of North America - a crucial prelude to their conservation.
    Her team conducts «conservation oceanography» incorporating the latest advances in sensor technology, ocean observing systems and computational methods to provide resource managers and policy-makers with data on the sustainability of both exploited and protected marine predators.
    Erika Cuellard (40), Bolivia


    The largest of Bolivia's national parks, the Kaa-Iya del Gran Chaco, boasts the unlikely combination of South America's hottest, driest weather and 70 species of large mammals, including jaguars, pumas and giant armadillos, living in the largest protected tropical dry forest in the world. This harsh and inhospitable environment has been the workplace of Erika Cuellar for more than a decade. The scientist has spearheaded participatory conservation with the indigenous Guaraní people who live on the boundaries of the park. She has worked towards improving grassland management and local capacity building by training local people to take ownership of the conservation of their habitat.
    Encouraged by her successes in the national park, Cuellar's sights are now set on the wider Gran Chaco region, which spans parts of Bolivia, Brazil, Paraguay and Argentina. The Gran Chaco counts a variety of indigenous tribes, nomadic hunters, gatherers, fishing communities, farmers and cattle ranchers as its human inhabitants. The forests and scrublands are also home to 3,400 plant species, 500 bird and 150 mammal species, many of which are unique to the region.
    But for more than a century, the Gran Chaco's natural wealth has been systematically eroded. A notable casualty of these man-made factors has been the guanaco, the wild ancestor of domesticated llamas. In 2007, to help protect this species and its habitat, Cuellar devised a course to train members of three ethnic groups native to the Gran Chaco (Guaraní, Ayoreode and Chiquitano) as parabiologists. As native inhabitants, parabiologists are also an influential means of conveying the value of conservation to indigenous communities. Cuellar now wants to extend her approach in Argentina and Paraguay and formalize the model to make conservation a viable long-term local employment option.
    Mark Kendall (40), Australia


    Mark Kendall is developing an inexpensive and highly efficient way to reduce the annual death toll of millions of people worldwide from infectious diseases. Many of these fatalities can be prevented by vaccines, but the traditional syringe-and needle method - invented in 1853 - is holding vaccines back. First, this method injects vaccine into muscle, which has few immune cells, missing our immune «sweet spot». It is expensive and presents numerous difficulties - with vaccines requiring refrigeration in many countries where electricity supplies are uncertain.
    With the «Nanopatch» that Professor Kendall is developing at a cutting-edge bio-engineering research institute at the University of Queensland, in Australia, a host of problems linked to the traditional needle and syringe will be swept away. The syringe-free method developed by Kendall uses an applicator which propels the Nanopatch and its microprojections - painlessly - onto a superficial layer of the skin where target immune cells are most numerous. The process does not draw blood, so the risk of infection is greatly reduced.
    The Nanopatch is coated with dry vaccine, so no refrigeration is required. This, together with lower vaccine doses, drastically reduces all costs, including transport. In the long term, Nanopatches could probably be administered by community workers or teachers, thus avoiding the need for medical staff to be present.
    Aggrey Otieno (34), Kenya


    Korogocho, Nairobi's fourth-largest slum, is home to an estimated 200,000 people in an area of only 1.5 km2, which is troubled by widespread insecurity, substandard sanitation and deep poverty. An estimated 300 women experience postpartum haemorrhage and 200 newborn babies die there every year due to the lack of obstetric medical facilities and a means of getting to hospital, as well as the fact that the local birth attendants need assistance during emergencies. In Korogocho, the maternal mortality ratio is roughly 700 women out of 100,000, compared with 13 out of 100,000 in the United States.
    After studying in the United States, Aggrey Otieno returned to the slum, his birthplace, to improve the health of his community by empowering its people. With his knowledge of the area, Otieno, who has gained a well-deserved reputation as a valiant champion of the poor and vulnerable residents of Korogocho, is well placed to drive forward his project to build a telemedicine centre with a 24- hour, on-call doctor and van, thereby helping to prevent many deaths.
    Under the auspices of the non-profit organization Pambazuko Mashinani - of which he is founder and executive director - Otieno will use his Rolex Award funds to train birth attendants to recognize when complications are occurring so that they can alert staff at the centre by text message when an emergency arises. These qualified workers and doctors will give instant medical advice and, if needed, dispatch a van to transport the woman to hospital.

  • Richard Mille - The Art of Time


    WORLDTEMPUS - 22 June 2012


    "We're building our own case making facility," general manager Yves Mathys explains as we ask about the big cranes visible from the windows of Horometrie SA in the small Swiss village of Les Breuleux. This is the home of Richard Mille and the place where most of his extraordinary watches are assembled. Others are assembled down the road at Audemars Piguet Renaud et Papi in Le Locle, and until recently many of Richard Mille's watch cases were made just across the street at case maker Donze-Baume.
    When Richemont took over Donze-Baume in 2008, Richard Mille was given a five-year grace period to find a new case maker. In the end, the little company decided to build its own case making factory, which will open the end of 2012, just a stone's throw from the present location. However, the knowhow required for the incredible RM 056 Felipe Massa Sapphire Tourbillon Split-Seconds Competition Chronograph introduced earlier this year at the S.I.H.H. in Geneva was something extraordinary. It, however, was made by a different supplier - and not actually a case maker.


    Luxurious sapphires
    The cases of the RM 056 are made by sapphire crystal manufacturing company Stettler Sapphire AG in Lyss. "We produce 80 percent of all sapphire crystals in the luxury watch business," head of sales and marketing Hans Studer explains when we pay the company a visit to get an intimate look at the process of making the transparent case of the RM 056. "Basically, we are the main supplier for watch companies producing watches costing 2,000 Swiss francs and more," he says while showing trays full of sapphire glasses made for brands such as MB&F (Maximilian Busser & Friends), Rado, Patek Philippe, and Rolex.


    Record-breaking sapphires
    Stettler made the 14.3-millimeter thick crystal fitted on the Rolex DeepSea Challenge that is water resistant to 12,000 meters. "We made a total of five crystals for the Sea-Dweller DeepSea Challenge model," Studer says, though he declined to reveal whether Rolex actually also produced five watches for the record-breaking dive of 10,898 meters made by film producer James Cameron in March 2012.
    Even if Stettler is used to tough assignments, the case of Richard Mille's RM 056 was something else. "For Stettler it was an incredible experience to develop this sapphire case," Studer continues. "Each of the three parts made of Kyropoulos sapphire takes weeks of finishing and we have a CNC machine dedicated only to the production of the RM 056 cases," he says showing the brand-new cutting machine that runs 24 hours a day in order to meet the demand of the five people who ordered the RM 056 during the fair in January. "The case back alone takes five weeks to finish, which means it will take a whole year to finish all five cases," Studer says matter-of-factly.


    Mutual invest
    Leaving the Stettler premises, I can't help thinking that one could have the impression that Richard Mille and his suppliers "R&D" each other, pushing the boundaries for modern watchmaking in an otherwise rather conservative business. The innovative and unconventional mind of Mille demands a lot from his suppliers and without their skills, machinery and ? last but hardly least ? flexibility, many of Mille's timepieces would never have made it onto the wrists of their owners today.
    Art of time
    After the visit to the Richard Mille boutique in Geneva, Horometrie and Stettler, it also occurs to me that in fact the ultra-light RM 027 adorning tennis player Rafael Nadal's winning wrist and its white counterpart, the RM 038 that sits on golfer Bubba Watson's wrist, are much more than just innovative timepieces. They are ticking pieces of art and would fit in just as well at Art Basel as they do at S.I.H.H. in Geneva.


    When you acknowledge this fact and consider Mille's watches as art you don't just buy one of his watches. You invest into his artistic and creative mind, just like you invest in a Warhol, Prince or other contemporary art that pleases not only the eyes, but also seem to justify the exuberant prices asked. And as an added bonus, Mille's watches show the time too.

  • Rolex - Big Winner at Estoril Open

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


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


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

  • Les Ambassadeurs - New Branch Manager for Zurich Boutique

    Representing a fine selection of the most prestigious watch and jewelry brands, the boutique located at Bahnhofstrasse 64 has been expertly managed for the last two years by Alberto Soria.

    Taking leave of Les Ambassadeurs to realize personal projects, Soria vacated the post, which has aroused quite a bit of interest in the industry. Les Ambassadeurs decided to place its confidence in Forster to carry the torch.


    Forster's career path, which began by learning the trade of watchmaker, is rich in experience. Having worked with famous brands such as Rolex and Audemars Piguet, trips and jobs abroad - notably in Singapore, China, Australia and the Caribbean - combine with his proximity to a successful clientele, with which he shares a sensibility to and passion for beautiful objects.
    After more than one month spent in the company and benefitting from Soria's support during this transitional period, Forster now takes charge of his brands. Today, he is eager for just one thing: to continue to transmit his limitless passion.

  • Rolex - Handy Complication

    Worldtempus - 11 March 2012

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

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

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

  • Rolex - Oyster Perpetual Submariner

    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.

  • Rolex - Oyster Perpetual Day-Date II


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

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

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

  • Rolex - Date Just II


    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.


  • Rolex - Oyster Perpetual Day Date


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

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

    Rolex pink gold

    The 18 ct EVEROSE gold of the OYSTER case and bracelet is alloyed by Rolex in its own foundry before being shaped in the brand's workshops. The incomparably warm tone of this exclusive pink gold alloy developed by Rolex is heightened by the addition of a touch of platinum. Its unique lustre is the result of the extreme care with which it is shaped, machined and finally polished.

    The OYSTER case, symbol of waterproofness
    The DAY-DATE's 36 mm OYSTER case, guaranteed waterproof to a depth of 100 metres (330 feet), is a paragon of proportion and elegance. The characteristically shaped middle case is crafted from a solid block of 18 ct gold. The fluted case back is hermetically screwed down with a special tool exclusive to Rolex watchmakers. The winding crown, fitted with the patented TWINLOCK double waterproofness system, screws down securely against the case. The fluted bezel is a Rolex signature aesthetic feature. The crystal, with a CYCLOPS lens at 3 o'clock for easy reading of the date, is made of virtually scratchproof synthetic sapphire. The waterproof OYSTER case allies refinement with efficiency in protecting the DAY-DATE's high-precision movement.
    Calibre 3155, a superlative chronometer
    This DAY-DATE is equipped with calibre 3155, a self-winding mechanical movement entirely developed and manufactured by Rolex. Like all PERPETUAL movements, the 3155 is a certified Swiss chronometer, a designation reserved for high-precision watches that have successfully passed the Swiss Official Chronometer Testing Institute (COSC) tests. Its architecture, like that of all OYSTER watch movements, makes it singularly precise and reliable. The oscillator, the true heart of the watch, has a blue PARACHROM hairspring patented and manufactured by Rolex in an exclusive alloy. Insensitive to magnetic fields, the PARACHROM hairspring offers great stability when exposed to temperature variations and remains up to 10 times more precise than a traditional hairspring in case of shocks.

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

  • Cuervo y Sobrinos - Legacy of "bygone time"

    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.
     

  • Success - Instinct vs strategy

    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

    inspiring others, either directly or indirectly. Both are surrounded by a new generation of promising managers, such as Jean-Frederic Dufour at LMVH, or Alain Zimmermann at Richemont. Both implement their marketing strategies with unfailing efficiency. In both cases, obviously, we are talking about watchmaking, but also (above all?) about business.

    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.

    The numbers are either stifled or proclaimed to the world at large, and the managers themselves also opt for high or low profiles. Jean-Claude Biver pops up all over the place in the columns of the financial press or social magazines.Georges Kern is more discreet, and while he is quite happy to appear next to football, cinema or literary celebrities, as soon as the public is involved, he promotes the brand itself. Asthey say at Richemont, "The brand is the star". So basically we are looking at two very different recipes for creating the same dish - success.

  • Veloptuous Times - Glorious Cows and Firs


    WORLDTEMPUS - 22 June 2011

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

    PHOTO GALLERY


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

  • Tennis & Timepieces - A Watch Connoisseur in Paris


    WORLDTEMPUS - 27 May 2011

    During the Australian Open in January, Robin Söderling was asked what people would be most surprised to know about him. The Swede, currently number five in tennis's world rankings, answered, "Probably that I love watches."
    For insiders, this wasn't a big revelation. The two-time French Open finalist is a true aficionado and always wears interesting timepieces on his wrist. He's not the only one, but he is a man who likes "different" watches. "If you walk around the tennis tour, everybody seems to have a nice watch - but I don't really like the obvious ones. In the beginning, maybe yes, but then to have a good brand or a nice model that not many others have is a pretty nice feeling. These are the types of watches you find when reading a lot of watch magazines," he says before jokingly adding, "Well, half of what I read about watches I don't even understand, but I still think it's cool and I try to learn!"
    The more Söderling learns about watches, the more careful he is about choosing his next timepiece: "I never go out just to buy a watch, I never decide on the spot - I always like to look at different watches and to think about it. I buy them as a reward. I always think that the next time I win a tournament I'm going to buy that particular watch I've been thinking about."

    Time to Kill

    His reward doesn't have to be related to a tournament win, actually. A year ago, after beating Tomas Berdych in the semifinals at Roland Garros, he got the Hublot Big Bang he'd been eyeing. When will he get his next timepiece? Maybe soon. Söderling is back in Paris trying to at least emulate his killer performances of the past two years, where he ended two outstanding Rafael Nadal and Roger Federer records: in 2009, in the fourth round, he beat Nadal and still is the only player to have ever beaten the Spaniard at the French Open. In 2010, he overcame Federer in the quarterfinals, ending the Swiss champion's incredible run of 23 consecutive semifinals at Grand Slam tournaments.
    Federer is a well-known Rolex ambassador, whereas Nadal has caused quite a sensation sporting ultra-expensive Richard Mille timepieces, from the $550,000 RM027 tourbillon he wore last year as his good-luck charm to his new RM035. And Roland Garros is sponsored by Longines. Söderling is still thinking about a possible sponsorship and looking at different brands, but he won't rush; he never has when it comes to watches.
    "Good watches are expensive. When I was young and started to win more matches, I really felt I could buy a good watch and I wanted to have a Rolex - and actually the first really nice watch I bought was a pre-owned steel Daytona chronograph that I saw in a shop in London in 2006. I still like it a lot, but these days it's my girlfriend Jenni who has been wearing it; it became a bit small for me, but I reckon small and thin watches are back."


    He didn't have to buy the second good timepiece of his collection. "I got a gold Bulgari Diagono Professional Diving as a gift from the tournament in Bastad - they were happy I played there for so many years, and I was really happy with the present." During this very interview, Söderling is wearing an Audemars Piguet Royal Oak Offshore Volcano, also known as "The Jarno Trulli."
    "I bought it during the U.S. Open in 2009," he says. That year, in New York, he had been undecided between the Royal Oak Offshore and a Jaeger-LeCoultre Master Compressor Extreme W-Alarm. Then he opted for the Volcano.
    Deep Purple, Hard Rock
    There's a watch in his collection that Soderling particularly appreciates and whose b looks match his powerful "hard-rock" style of tennis: a Graham Chronofighter Oversize Diver "Deep Purple." "I had been looking at Graham, because Thomas Johansson has a friend who owns a watch store in London and they sell Graham - he showed them to me a few years ago." The "Deep Purple" is a stunning limited edition of 500 pieces of the Chronofighter Oversize Diver in black-and-purple. It perfectly embodies the Swedish star's taste for niche brands and exquisite, sporty timepieces. "When my girlfriend Jenni and I went on vacation last December, we went diving a lot and I really wanted to test it, so I brought the Graham along."
    At the Estoril Open in Portugal, Söderling took the time to visit a small watch exhibition by tournament sponsors Boutique dos Relógios in the VIP area. There he appreciated some fine timepieces from several top brands - from Richard Mille to IWC. "For a man, a watch truly is the best thing," he says. "I don't really like earrings or necklaces or bracelets, so a watch is the best accessory and a way of expression for a man."


    And what better way to express himself than wearing a fabulous Audemars Piguet Royal Oak Concept at the photo shoot for the cover of King magazine? "They brought it from a watch store in Stockholm called Nymans Ur; it's a really nice store where they sell some incredible watches...unfortunately they didn't let me keep it after the shooting was over."
    Maybe he'll get it if he finally wins Roland Garros. It won't be easy; he is on collision course with Nadal, who he is expected to face in a blockbuster quarterfinal. In six appearances at the French Open, the Spaniard has won the title five times - and Söderling was the only one to defeat him on Paris's slow red clay courts. If and when they face each other, time will surely stand still for all tennis (and watch!) aficionados.

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

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

    TOP TEN RESULTS


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

  • Rolex - The Evolution of the Explorer II


    WORLDTEMPUS - 2 May 2011


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


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



    Subtle update

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



    40 becomes 42

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

  • Rolex - Yacht-Master II

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

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

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

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

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

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

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

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

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

  • Rolex - Datejust Special Edition

    This bold incarnation of a feminine classic, in its 34 mm 18 ct EVEROSE gold case, enriches a collection already offered in yellow and white gold.

    Seductive charm of EVEROSE gold
    The 18 ct Everose gold of the case, bracelet and bezel sets the tone from the outset: an exclusive Rolex alloy, captivating in its inherent lustre and nobility. A mixture of serenity and vitality, sobriety and audacity, it exerts an irresistible power of seduction and gives the watch its b personality. Around the bezel sparkle 12 brilliant-cut diamonds, elegantly showcased in 18 ct white gold settings. The effect is luminous, exquisite, enchanting.

    Dream dials
    Dazzlingly delicate, the Goldust Dream dial is a subtle, refined marriage of white or black mother-of-pearl and gold dust. The mother-of-pearl is embellished with a new nature-inspired motif and an exquisite design in pink gold dust applied in a fine layer via a patented PVD process which preserves the mother-of-pearl's natural structure while giving it a highly original metallic sheen. The slightest ray of light illuminates this magical dial with iridescent reflections that make the fine strata of the mother-of-pearl shimmer in a subtle play of light. Each of these dials, with a large gem-set numeral at 6 o'clock, is a unique, refined work of art, striking in its delicate splendour.

    Distinction and precision
    The new Oyster Perpetual Datejust Special Edition stands out thanks to its gracious, curved lines, its feminine form and its new, elegant invisible clasp. It is also an Oyster with peerless precision and reliability, a waterproof chronometer equipped with a Perpetual rotor self-winding mechanical movement. A trusted companion under all circumstances.

    The lady who wears this watch looks ahead, stepping confidently towards her future. She glances at her watch, living the present to the full, her sights already set on expanding horizons.

  • Rolex - Exploring the Explorer II


    WORLDTEMPUS - 25 March 2011


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


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


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

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

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

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  • Antiquorum - Auction in Geneva Achieves CHF 7,006,275


    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

  • Sotheby's - "Paul Newman" Rolex sell for CHF 464,500 -


    Sotheby'S autumn sale of Important Watches confirmed the b interest of international collectors for rare and historic timepieces and automata. Over 400 clients registered to participate in the 243-lot sale, and many others relayed bids online and over the phones through Sotheby's staff. The auction brought CHF 7,920,100 (US$ 8,129,903), above the pre-sale estimate of CHF 5,505,100-7,659,500 (US$ 5,650,930-7,862,400)*. 42% of the lots sold achieved hammer prices in excess of their high estimate, with sell-through rates of 84% by lot.


    Commenting on the exceptional results of the sale, Geoffroy Ader, European Head of Watches at Sotheby's, said: "Recent sales have witnessed a b and ever-increasing demand for antique pieces of particular historic and decorative interest. Based on recent demand from buyers from the Middle East and Asia, we were fortunate to be able to source a large group of very rare enamel timepieces and automatons made for the Chinese and Turkish markets and were rewarded with enthusiastic interest and bidding participation from an international clientele. In addition, an exceptional selection of modern and vintage timepieces held tremendous appeal for worldwide collectors seeking quality in today's marketplace".
    A rare automaton caterpillar, made for the Chinese market circa 1820, sells for CHF 404,500 (US$415,215) to an Asian Buyer.

    One of the top lots of the sale was a rare gold, enamel, jewel and pearl-set automaton caterpillar, probably made by Henri Maillardet, circa 1820 (lot 138). Estimated at CHF 350,000-450,000 (US$ 357,000- 459,000), this automaton, which perfectly mimics the gracious undulating crawl of a caterpillar, is sometimes referred to as "Vers de Soie" to further enhance its Orientalist character. This singular piece, one of only a handful of automated caterpillars known to exist, has been attributed to Henri Maillardet. Made in early-19th century in Switzerland, it was titled "the Ethiopian caterpillar" when Maillardet, in partnership with Jaquet Droz, organized an exhibition to show off his menagerie of miniaturized automata in London, which dazzled the public.


    Historical Pocket Watches soar, totalling an impressive CHF 2,266,500, to nearly double presale estimates Tonight's sale showed a groundswell of interest in pocket watches with historical resonance and decorative allure. This category - the subject of increasingly fierce competition in recent Sotheby's sales - secured b bids, bringing the combined total for pocket watches to CHF 2,226,500, well above the pre-sale estimations (CHF 1,321,500- 1,834,500/ US$ 1,350,950-1,874,300).
    Highlighting the outstanding group of historic pieces were unique timekeepers and automata made for the Chinese and Turkish markets. Five bidders competed for a rare and exceptional pair of gold, enamel and hard stone centre seconds watch with split pearls made for the Chinese market, circa 1800. Estimated at CHF 80,000- 120,000, these two watches accompanied by their original keys (lot 135) fetched CHF 266,500 (US$ 273,560). This great result was no doubt sparked by the fact that this exquisite piece was made by William Ilbery, most commonly known as a fine maker of watches for the Chinese market and credited for rare examples made of moss agate such as this present example. Examples of Ilbery's extraordinary craftsmanship are exhibited worldwide, notably in the Patek Philippe Museum, Geneva.
    Testament to the extraordinary craftsmanship and imagination behind the ornamental pieces made for the Turkish market, a fine and rare chronometer watch with date indication, made circa 1830 by Aug. Courvoisier & Cie, Chaux de Fonds realised CHF 62,500 (US$ 64,156) (lot 140). Estimated at CHF 15,000- 25,000, this exquisite timepiece depicts on the reverse the Cemetery of Eyup, Istanbul.
    Antique pocket watches featured bly in the sale, covering four centuries from the 17th century to the 20th century. Among the highlights in the selection was a very fine and rare yellow gold and hardstone-set openfaced watch by Breguet, legendary Swiss watchmaker who counted among his most loyal clients Marie-Antoinette, Napoleon, the Queen of Naples and Russian Tsar Alexander I. Estimated at CHF 30,000-50,000, this watch (lot 161) sold for CHF 68,500 (US$ 70,315). Reflecting the originality, fine workmanship and elegance of Breguet's timepieces, this watch was decorated by Jean-Baptiste Fossin and his son Jules, predecessors of Chaumet, it was sold on 20 March 1839 to Madame la Generale Adadouroff.
    Provenance and rarity triggered b competition for another historical time piece in the sale: a fine and rare gold perpetuelle, calendar dress watch no. 02/07, made circa 1925 by L. Leroy & Cie, Paris (lot 162). Estimated at CHF 20,000-30,000, this watch achieved CHF 45,000 (US$ 46,192). It remained in the hands of the original owner's family until now. This limited edition, of which seven examples were made, was purchased through Robert Darblay who commissioned them for himself and other members of his family.
    Five bidders competed for one of the highlights of the 18th century pocket watches: a magnificent gold and agate quarter repeating verge watch with two matching chatelaine and necessaire, which sold for CHF 134,500 (US$ 138,063) (lot 121). Made circa 1760 by Cabrier, known as the 17th and 18th century French watchmaker of European monarchs and aristocracy, the lot was estimated at CHF 25,000-35,000.
    Blue chip vintage and modern wristwatches perform well Bringing together an impressive range of timepieces charting the evolution of watchmaking from the 1620 to the present day, tonight's sale saw good performance for blue chip vintage and modern wristwatches, Following the success of Rolex wristwatches last May, a very rare stainless steel Rolex chronograph wristwatch with brown dial, registers and bracelet circa 1969 (ref. 6263/6239) oyster cosmograph "Paul Newman" (lot 104) realised CHF 464,500 (US$ 476,805), over five times its pre-sale high estimate of CHF 60,000 - 80,000. Among the rarity of its "Paul Newman" dial, the present watch is notable for its unusual signature featuring the Oyster on the third line after Rolex and Cosmograph and for its rare discoloured dial.
    A rare stainless steel Rolex chronograph wristwatch with registers and dated circa 1966 (ref. 6263/6239) oyster cosmograph Daytona "Paul Newman" - one of the most celebrated models by the prestigious Swiss maker - fetched CHF 254,500 (US$ 261,242) (est. CHF 60,000 - 80,000) (lot 91), more than twice its pre-sale high estimate.
    The celebrated Geneva-based watchmaker Patek Philippe was also widely represented in the sale: Lot 198, a fine and rare 18K yellow gold Patek Philippe open-faced minute repeating perpetual calendar watch with moon-phases (ref. 844 MVT 198397 case 314584) whose production began in 1930 and was completed in 1964 realised CHF 134,500 (US$ 138,603) (est. CHF 60,000-80,000), and lot 207, a rare 18k pink gold Patek Philippe chronograph wristwatch with two-tone dial, register and tachometer 1955 (REF 1463R MVT 868696 case 684704), which realised CHF 242,500 (US$ 248,924).
    The sale also included a selection of vintage models by Cartier. Among them was a Cartier platinum curved rectangular bracelet watch circa 1930 Tank Cintree (lot 194) which fetched CHF 105,700 (US$ 108,500). Estimated CHF 30,000-50,000, this exaggerated and elegant Tank Allongee is a daring re-interpretation of the classic Tank shape, its closest relative in the Tank family being the Tank Louis Cartier. In Cartier: The Tank Watch, Franco Cologni describes the Tank Allongee as 'far and away the most categorical assertion of the rectangular form ever produced by Cartier, and in fact in the history of watch design.'

    The results

  • COSC - An External Referee


    WORLDTEMPUS - 2 November 2010


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


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


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

    Who's Who?

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


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

  • Antiquorum - Important Modern and Vintage Timepieces

    Among the 643 timepieces, Antiquorum is extremely proud to be offering for sale an extremely rare Patek Philippe Ref. 2499 as well as the personal collection of Rolex watches of the legendary 20th century explorer Sir Edmund Hillary. Previews are to be held in Shanghai, Hong Kong, Zhuhai and Geneva.


    The highlight of the sale is the extremely rare Patek Philippe Ref. 2499, Third Series, made in 1971 and sold on June 14, 1972. This 18K pink gold wristwatch with round button chronograph features a 30-minute register, perpetual calendar and moon phases. It is accompanied by a Patek Philippe box and the Extract from the Archives.
    Antiquorum experts are also delighted to present the personal collection of Rolex watches that belonged to Sir Edmund Hillary. These exceptional timepieces have been consigned for sale by Lady Hillary and all had special significance for Sir Edmund.


    The earliest model in this collection is a Rolex, "Oyster Perpetual, Officially Certified Chronometer", reference 6084 dating from 1953. This watch was presented to Sir Edmund Hillary by Rolex Bosecks, Calcutta, India after his descent from Everest in honour of his achievement. It was then worn by him during the Trans-Antarctic Expedition of 1955-1958 - the first overland crossing of Antarctica and the first expedition to reach the South Pole since Scott in 1912 - and as such it has immense historic significance. The caseback is engraved "Sir E. Hillary".
    Also part of the collection, the Rolex "Oyster Perpetual Date, Superlative Chronometer Officially Certified", REF. 15238. This 18K yellow gold tonneau shaped wristwatch with date was purchased by Sir Edmund Hillary on the 50th Anniversary of the day he reached the summit of Everest, 29th May, 2003. It is accompanied by the original Rolex certificate to Sir Edmund Hillary and a letter of authenticity.
    Naturally the collection also includes both the Rolex Explorer I, reference 1016, made in 1972 - the 20th Anniversary of Sir Edmund Hillary's attempt to climb Cho Oyu from the Nepal side in 1952 (Estimate: 4'000 - 6'000 CHF) and the Explorer II, reference 1655, the so-called "Steve McQueen", made in1973 and bought by Sir Edmund Hillary to commemorate the 20th Anniversary of his ascent of Everest.


    In addition to Sir Edmund's collection of Rolexes, Antiquorum is delighted to offer the Rolex "Oyster Perpetual, Precision", reference 6098 that was worn by Alfred Gregory on Everest during the successful expedition of 1953. Alfred Gregory was the official expedition photographer and this watch has been consigned to Antiquorum by his family. This watch is of enormous historic significance and is likely to present the only opportunity to acquire one of the original Rolex watches that were on Everest in 1953. The caseback is engraved "A. Gregory - Everest 1953" and the watch is accompanied by the Ice Axe used during the Everest expedition, 5 original photos taken by Alfred Gregory during the climb, service letter by Rolex Geneva and a letter of authenticity from Alfred Gregory's wife.
    Also offered at auction, the Patek Philippe Ref. 3450, Third Series, made in 1985. This very rare, self-winding, 18K yellow gold wristwatch features perpetual calendar, moon phases, Roman numerals for the leap year indication. It comes with a wooden fitted box, setting pin, Certificate of Origin and instruction booklet.
    Of interest for the Audemars enthusiast is the Audemars Piguet "Jules Audemars - Repetition Minutes a Quantieme Perpetuel," Ref. 26063 PT., made in 2009. It is an extremely fine and rare, astronomic, minute-repeating, platinum wristwatch with perpetual calendar, leap year indication and moon phases. It is accompanied by the original special fitted wooden box, a piano-shaped wooden box to amplify the sound of the minute repeater, certificate and warranty.
    Another timepiece of great interest is the Quarter-Repeating Navette-Shaped Ring Watch - One of Only Two Known Examples - A Gift to The Emperor Napoleon I. made circa 1810. This exceptional timepiece is attributed to Antoine Rochard, Geneva, the mainspring is signed Marchand and the case engraved "a L'Empereur N". This extremely fine and exceptionally rare, 18K gold, pearl and rose-cut diamond-set ring watch with virgule escapement and visible balance, is one of only two known examples of a quarter-repeating ring watch of navette shape.
    Antiquorum experts are also pleased to offer a collection 40 Omega Speedmaster limited editions, property of a private Italian collector, including the "Speedmaster Professional" Apollo XIII Ref. 3450022, made in a limited series of 999 examples to commemorate the 25th anniversary of the Apollo XIII mission in 1995. This stainless steel chronograph bears the Apollo XIII emblem on the subsidiary seconds dial at 9. It comes with the original box, warranty, certificate, instruction booklet, Apollo XIII patch, extra links and booklet.
    AUCTION PREVIEWS
    The timepieces of this auction will be on view as follows:
    SHANGHAI
    Tuesday November 2: 10:30 a.m. - 6:30 p.m.
    Antiquorum Shanghai
    Room 4106B, Bund Centre Office Tower,
    222 Yan An Road East,
    Shanghai 200002, China
    Tel.+86 21 6335 1268
     
    HONG KONG
    Thursday November 4: 11:00 a.m. - 7:00 p.m.
    Antiquorum Auctioneers (HK) Ltd.
    Suite 704, No. 9 Queen's Road Central,
    Hong Kong
    Tel. + 852 2522 4168
     
    ZHUHAI
    Saturday November 6: 10:00 a.m. - 6:00 p.m.
    Gemdale Eton
    No. 298 Jinyi Road, Xiangzhou District
    Zhuhai
    Tel. + 852 2522 4168
     
    GENEVA
    Wednesday 10 to Friday November 12: 10:00 a.m. - 7:00 p.m.
    Saturday 13 & Sunday November 14: 10:00 a.m. - 6:00 p.m.
    Antiquorum's Showroom
    2, rue du Mont-Blanc
    1201 Geneva, Switzerland
    Tel.+ 41 (0)22 909 28 50 - Fax. +41 (0)22 909 28 60
    Email: geneva@antiquorum.com
     
    AUCTION: Important Modern & Vintage Timepieces
    Saturday, November 13
    Session 1: lots 1 - 252 at 2:00 p.m.
    Sunday, November 14
    Session 2: lots 253 - 643 at 2:00 p.m.
    Mandarin Oriental Hotel du Rhône
    Salon Saint-Gervais - quai Turrettini 1, 1201 Geneve
    Tel.+ 41 (0)22 909 00 00 - Fax +41 (0)22 909 00 10

  • Rolex - Crowns Tom Kristensen as New Ambassador


    WORLDTEMPUS - 22 June 2010


    A world's first—this was the remark from Rolex's management when Danish Rolex retailer, Klarlund, invited a few select journalists from Scandinavia, Germany, and Switzerland to salute the "King of Le Mans," Tom Kristensen.
    Danish driver Kristensen has no less than eight Le Mans victories listed on his automotive resume, which is two more than legendary driver Jacky Ickx, who ended his career with six Le Mans wins.


    Kristensen's position as a natural choice to enter the exclusive club of Rolex testimonials moved Klarlund to stage the intimate gathering celebrating his new official position as ambassador.
    Rolex has never before made an official announcement when "knighting" an ambassador, which is the reason for the remark from the Rolex management. Klarlund was only able to convince Rolex to celebrate this occasion in the presence of the press thanks to the retailer's long-standing relationship with the Genevan watch brand.


    "Not only are we proud of Tom Kristensen's victories, we are also very proud hosts of such a rare and special occasion," Klarlund managing director Stig Andersen told Worldtempus after presenting the new ambassador with a Rolex Daytona Everose, one of Rolex's gifts to its new sporting face. The other Rolex that Kristensen will receive is a Milgauss outfitted with a green sapphire crystal. These watches not only suit the "King of Le Mans," they are also timepieces fit for an icon of our time.

  • Richard Mille - Queens Sponsor and More


    WORLDTEMPUS - 14 June 2010


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

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

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

  • Rolex - Basel 2010


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

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


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


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

  • Rolex - Oyster Perpetual Submariner Date

    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.

    REFERENCE (CASE / BRACELET): 116610 LN / 97200
    Case
    Diameter: 40 mm
    Material: 904L steel
    Bezel: unidirectional rotatable 60-minute graduated
    with black Cerachrom insert, platinum graduations
    Winding crown: Triplock
    shoulders to protect the crown
    Crystal: sapphire, Cyclops lens with anti-reflective coating
    Waterproofness: 300 m (1,000 ft)
    Movement
    Calibre: 3135
    Self-winding: Perpetual rotor
    Date: instantaneous change and rapid setting
    Oscillator: frequency: 4 Hz (28,800 beats/hour)
    Parachrom hairspring with Breguet overcoil
    Precision: COSC-certified chronometer
    Power reserve: ~48 hours
    Dial
    Hour markers: luminescent Chromalight
    Hands: luminescent Chromalight
    Bracelet
    Material: 904L steel
    Type: Oyster
    Clasp: Rolex Glidelock

  • Rolex - Oyster Perpetual Explorer

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


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


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

  • Christie's - Geneva auction Top Ten


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


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


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

    Top Ten

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

  • Neo-Vintage Watches - Hard to fix a price

    26th October 2009

    In the world of watch collecting there are two definitive categories: the vintage watches, typically described as those older than 20 years, and the modern watches, those that are within the first decade of their life.
    Sitting between vintage and modern exists a small group of collectible "neo-vintage" watches that hover around the 15-20 year mark. It is around this age that collectors first start to identify the pieces that will one day become classics. It was in the late 1980s, just short of twenty years after its release, that a Rolex Cosmograph with peculiar registers started to gain momentum as a collectable. Now the Paul Newman Daytona sits atop the world of valuable and collectable sport watches.  
    The values of Newman Daytonas today range from $30,000 all the way up to $100,000 depending on reference number, condition, and color scheme. We tend to think that we know all there is to know about this particular piece, and so values are easily obtained.
    What about today's neo-vintage collectibles though? The ones that are just now coming into the spotlight as the rare birds and grail watches of future generations. Just what are they, why are they poised to climb, and why do we know so little about them?


    Let's take one of the few neo-vintage that has already raised a few eyebrows, although it remains relatively under the radar except with a few die-hard collectors; the Rolex Explorer I "Blackout". Since the Explorer's inception over 50 years ago, the vast majority have been made with a black face and white markers, whether applied or painted on the dial itself. For what some experts claim is as little as 6 months, Rolex introduced an instance of the Explorer where the infamous 3, 6, and 9 were actually filled with black instead of white.  
    Originally thought to exist only in E serial numbers and with silver print on the dial, we now know that the production also included later X serial Explorers with white print on the dial. The Blackout Rolexes are rare, certainly, in fact some call it the rarest sapphire crystal Rolex to date. What is not so certain is the value of this neo-vintage oddity.
    One year ago, in October of 2008, Antiquorum recorded a sale of a Rolex Reference 14270 Blackout at $12,000 US. Five months later, in Antiquorum's March 2009 auction, one sold for just over $5000, and after another five months, one sold again at just above $5000 via Antiquorum. Economic conditions aside, that is a dramatic decrease in value of a rare watch in one year's time. But did the value really decrease?


    While impossible to dispute that these watches did sell for less than half of the price of less than a year ago, many sellers continue to believe the Blackout is worth close to, if not well into five figures. Running a quick scan of dealers around the world, the price range of these Rolex Blackouts is astonishing. From as low as $4500 from private sellers (watch alone) to as high as $16,000 from well known European dealers (NOS, Box & Papers), we were able to track down five Blackout Explorers, in excellent or mint condition, with boxes and papers, with an average price of $10,800. Over $10,000 for a Rolex Explorer I from the 1990s, we must be crazy.  Or are we?
    Charles Tearle, a Director at Antiquorum USA says "In recent years we have seen transitional variations that exist in relatively modern wristwatches, such as the Rolex Explorer I "Blackout", matte dial submariners, and the transitional IWC big pilots, have speculative presence on the secondary market." But does this mean that these models are worth up to three to four times what a traditional model sells for? Things are still unclear; Tearle adds "relatively little is known about quantities produced, but as we learn more, I believe the market value of these transitional pieces will become more definitive."
    While the debate over the value of these rare Rolex "Blackouts" will likely continue on, this raises a much larger issue. How are we to assess the value neo-vintage watches if experts can't seem to agree and with such a dramatic variance in auction prices? Or, maybe this isn't an issue at all, but rather one of the reasons that watch collecting continues to gain momentum as a global passion.  The question now becomes, we know the Rolex Blackout Explorer is something special, but what else is out there and when will we realize it?  
     
     

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

    HH Magazine - # 29, July-August 2009


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

    Read more...

  • Rolex - L'Oyster Perpetual Datejust II Rolesor



    Created sixty years ago, the Oyster Perpetual Datejust Rolesor is the world's most recognized and recognizable watch, if not the standard-bearer of an art de vivre. Impervious to the vagaries of fashion, it remains eternally modern. And the new Datejust II Rolesor for men and the Datejust Rolesor 36 mm for ladies, with gem-set bezel, are the proof.
    Subtly redesigned over time, the Oyster Perpetual Datejust Rolesor, archetype of timeless luxury, embraces all the latest watchmaking innovations to meet the most demanding technological requirements.
    The history of this must-have masterpiece of contemporary watchmaking is rooted in the rich heritage of Rolex timepieces. It is the fruit of the Oyster, the first waterproof and dustproof wristwatch entirely designed and manufactured by Rolex in 1926. The movement of the watch receives its energy from the Perpetual rotor, the first self-winding mechanism with a free rotor, created in 1931. The Datejust made its debut in 1945, its name inspired by the date displayed in a window on the watch dial.
    The Oyster Perpetual Datejust Rolesor is the hallmark of the Rolex brand. Precise, waterproof, self-winding, this officially-certified Swiss chronometer with date display is crafted with only the noblest of materials and assembled with the greatest of care.

  • Antiquorum - First Spring Auction in Geneva

    Antiquorum, the world's leading watch auctioneer, is pleased to announce its upcoming 'Important Collector's Wristwatches, Pocket Watches, Clocks and Horological Tools' sale on March 28 & 29, 2009 at the Grand Hotel Kempinski in Geneva. This auction will occur during Baselworld 09, which attracts the most prestigious watch manufacturers and jewelers in the world. The auction, featuring 481 lots, brings together a remarkable selection of the finest timepieces by world-renowned watchmakers.

    Highlights of this spring auction include two very rare Patek Philippe watches that represent milestones in the history of the brand, respectively Ref. 1518 in 18K pink gold with a special dial with enamel numerals, estimated between 600,000 and 800,000 SFr. and a Ref. 2499/100 in 18K yellow gold made in only 349 examples, estimated at 280,000-350,000 SFr.

    The Collection of an Italian Gentleman is certain to attract attention, as it is a very interesting private collection of about 30 Rolex wristwatches highlighting the most significant watches made by Rolex since the 1940's.

    Furthermore, in celebration of the Antiquorum's 35th anniversary, the Geneva 2009 catalogues take on a new look. Their special covers, designed by exceptional artists and photographers recognized for their unique creativity and interest in horology, highlight the excitement and elegance of extraordinary watches. In the spring catalogue, well-known French photographer Gilles Pernet brings his own personal vision to illuminate one of the exceptional watches from the auction.

    The watches will be shown in Tokyo, Shanghai, Hong Kong and Geneva.

    Saturday March 28 and Sunday March 29, 2009 Grand Hotel Kempinski, Geneva

    Highlights of the March Geneva Sale   

    Patek Philippe, Geneve, Ref. 1518, 1st series. Made in 1946, sold on October 21st. 1947.


    Very fine and extremely rare, 18K pink gold wristwatch with perpetual calendar, moon phases, square button chronograph, register and tachometer, fitted with an 18K pink gold Patek Philippe buckle.
    Probably unique, due to the enamel numeral dial.

    This watch is an exceptional example of the signature complications made by Patek Philippe at the time. Patek was the first brand to produce perpetual calendar chronograph wristwatches in series.

    Estimate: 600.000/800.000 SFr
                 
            
    Patek Philippe, la Ref. 2499-100. Made in 1980, sold on June 30th, 1980.


    Very fine and extremely rare, 18K yellow gold wristwatch with round button chronograph, 30-minute register, perpetual calendar, moon phases and fitted with an 18K yellow gold Patek Philippe buckle.

    This watch is the last variation of the above-mentioned complication. It is the last reference produced by Patek Philippe in a very small production series.

    Estimate: 280.000/350.000 Sfr
                 
            
    Jaeger-LeCoultre, "Gyrotourbillon 1", N. 46/75. Made in a limited edition of 75 pieces from 2005.

    Exceptional and highly complicated, large, water-resistant, 8-day going platinum wristwatch with visible inclined lightweight two-cage multi-axis spherical tourbillon Jaeger-LeCoultre caliber 177, two barrels with sapphire covers, "marchante" equation of time, perpetual calendar with retrograde month indication.

    Estimate: 300.000/400.000 Sfr
                 
            
    Audemars Piguet. Limited Edition No. 8 - Maserati Anniversary - Millenary MC12 Tourbillon & Chronograph.

    Made in a limited edition of 150 pieces in 2006 to commemorate the success of the Maserati MC12 in the 2005 FIA GT Manufacturers' Cup, sold on December 24, 2006.
    Extremely fine and very rare, oval, platinum wristwatch with twin white gold and palladium alloy barrels, black carbon movement with blue anodized aluminum bridges, 10-day power reserve, visible one-minute tourbillon regulator, oval-button chronograph, register, tachometer and a platinum Audemars Piguet deployant clasp.

    Estimate: 200.000/300.000 Sfr

    These last two models demonstrate the important revival of mechanical watches in the 21st century, highlighting cutting-edge technology
     
                 
            
    Rolex, Ref. 6270/6263, "Cosmograph, Oyster avec diamants baguette". Made in 1985.


    Extremely rare and very fine, water-resistant, 18K yellow gold wristwatch with round button chronograph, registers, bezel set with 28 baguette diamonds. The dial is set with 240 diamonds and nine sapphires, and fitted with an 18K yellow gold riveted Rolex Oyster bracelet.
    One of the rarest Daytona Cosmograph references.

    Estimate: 100.000/150.000 Sfr.
                 
            
    Rolex, Ref. 1665 "Oyster Perpetual Sea-Dweller". Made especially in 1972 for the Sultan Qaboos bin Said of Oman, and retailed by Asprey (London retailer).


    Very fine and extremely rare, center-seconds, self-winding, water-resistant, stainless steel wristwatch with gas-escape valve, date and a stainless steel Oyster "Fliplock" bracelet.

    This is a very rare variation of the Red Sea-Dweller that will raise a lot of interest among collectors and aficionados of the model.

    Estimate: 50.000/70.000 Sfr

     The Collection of an Italian Gentleman:


         
    Rolex, Ref. 6541 "Oyster Perpetual, Milgauss, Superlative Chronometer, Officially Certified". Made in 1958.


    Very fine and extremely rare, anti-magnetic, water-resistant, center seconds, self-winding, stainless steel wristwatch with straight seconds hand, honeycomb dial and a stainless steel riveted Rolex Oyster bracelet.

    Estimate: 90.000/130.000 Sfr
               
            
    Ref. 8171, "Padellone" N°66 Rolex, "Perpetual, Precision". Made in 1950.


    Extremely fine and rare, self-winding, 18K pink gold chronometer wristwatch with triple date, moon phases and fitted with an 18K pink gold Rolex buckle.

    The reference 8171 is one of the most sought-after. It was produced from 1949-1952 in 18K yellow and pink gold as well as in stainless steel. The excellent un-restored condition of the present watch, including the interior of the case back, gives the collector an excellent opportunity to better understand Rolex production techniques.

    Estimate: 180.000/260.000 Sfr
                 
            
    Rolex, "Oyster, Chronographe, Serpico Y Laino, Anti-magnetique", Ref. 6234. Made in 1954 and retailed by Serpico Y Laino (a retailer in Caracas, Venezuela).

    Very fine and equally rare, tonneau-shaped, water-resistant, 14K yellow gold wristwatch with round button chronograph, registers, telemeter and tachometer and a polished and brushed 14K yellow gold riveted Rolex Oyster bracelet.

    Estimate: 80.000/120.000 Sfr
                 
            
    Rolex, Ref. 1680 "Oyster, Perpetual Date, Submariner, 200m/660ft, Superlative Chronometer, Officially Certified". Made in 1974 for the Fuerza Aerea del Perù.


    Very fine and extremely rare tropical red military submariner with Meter First, center-seconds, self-winding, water-resistant, stainless steel wristwatch with date and a stainless steel special riveted Fliplock bracelet.

    Estimate: 30.000/50.000 Sfr

  • Rolex - Awards for Entreprise, New Young Laureates Programme

    Revue FH - February 26 2009 - N# 4


    Rolex has announced a new initiative to expand its international philanthropic programme to fund young pioneers and their groundbreaking projects around the world. In early 2010, the company will name the first five recipients of the Rolex Awards for Enterprise: Young Laureates Programme, honouring men and women between the ages of 18 and 30 with inventive ideas to solve tomorrow's challenges in science and health, applied technology, exploration, the environment and cultural preservation. Award recipients will each receive a US$50,000 cash prize to enable them to pursue an original project. Equally important, they will join the network of Rolex specialists and innovators who can offer invaluable expertise and guidance.
    The Young Laureates Programme is an expansion of the Rolex Awards for Enterprise, which were established in 1976. The inaugural Rolex Awards commemorated the 50th anniversary of the Oyster chronometer, the world's first waterproof watch, and were created to encourage individuals ready to take on major challenges to benefit humankind and the environment. Since 1976, 110 Rolex Awards for Enterprise have been presented to Laureates and Associate Laureates from 40 countries, implementing projects in more than 60 countries. Recent winners include a social activist who has developed an affordable strategy to build housing for the rural poor using recycled materials in her native Paraguay (Elsa Zaldivar); a Scottish physicist who created a breakthrough method to predict volcanic eruptions via an unmanned helicopter (Andrew McGonigle); and a Jordanian chemist working to save the ancient archaeological site of Petra (Talal Akasheh).
    «Rolex has a history of supporting individual excellence and achievement,» said Rebecca Irvin, director of the Rolex Awards for Enterprise. «By providing project support at a critical juncture in the careers of young people, the Young Laureates Programme will reward bright new ideas and encourage the next generation to meet the challenges of the future.» Like the original Rolex Awards, the Young Laureates Programme will act as a springboard for men and women who use their creativity to improve life on the planet.
    «As our world becomes more interdependent and grows more complex, young people must bring new perspectives and fresh approaches to tackling our greatest challenges,» said Gilbert Grosvenor, Chairman of the National Geographic Society and a past jury member for the Rolex Awards for Enterprise. «Particularly in this era of global change and uncertainty, the Young Laureates Programme represents a vital investment in the brightest thinkers of tomorrow.»
    To find young people around the world determined to carry out projects with a significant impact, a range of institutions, organizations and individuals will be invited to nominate potential candidates. Those who accept the nomination will complete an application form that explains the scope, goals and feasibility of their projects. An independent jury will select five individuals with b potential to advance human knowledge and well-being.
    Each winner will receive the $50,000 prize over the course of two years. Funding of $25,000 each in the first year will give the Young Laureates the time to bring greater focus to their projects; the second instalment of $25,000 will propel the projects forward. Rolex may also provide additional support to the Young Laureates to pursue a related activity that will add further value to their work.
    The Young Laureates Programme complements the original Rolex Awards for Enterprise, it does not replace it. In 2010, five Young Laureates will be selected; in 2012, five Laureates and five Associate Laureates will again be chosen. The two variations of the programme will thus alternate every two years.
    Rolex's other global philanthropic programme, the Rolex Mentor and Protege Arts Initiative, also reflects an ongoing commitment to promoting excellence in the next generation. The Arts Initiative brings together emerging artists with re-cognized masters for a year of one-to-one collaboration in music, dance, literature, theatre, film and the visual arts.
    Both the Arts Initiative and the Young Laureates Programme provide the gift of time to exceptional young people at a key moment in their professional lives. Through Rolex's support, these promising individuals are able to take their work to a new level and contribute to their surrounding communities and the wider world.

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