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6 most expensive watches auctioned in 2018

Year on year, watch auction records are being made and broken by the high demand of these pieces de unique found in old collections and it is a marvellous spectacle to behold.

For an industry that sells covetable timepieces from the past, the watch auction world is a surprisingly fast-paced, ever-changing landscape.

While 2018 may not have had a watch that eclipsed the Patek Philippe Henry Graves Supercomplication from 2014 or Paul Newman’s very own Rolex Daytona Ref. 6239 from 2017, 2018 had a few watches that stood out.

And here we round up 6 watches that earned the highest bid in 2018 auctions.

#1: Rolex Daytona Ref. 6265 Unicorn

Collectors naturally want what others can’t have and a vintage white gold Rolex Daytona is simply put, cause for alarm, for collectors. When the news was broken by Hodinkee back in 2013 that one existed, the watch world’s enthusiasm levels soared.

Its rarity was explained by Phillips as, “For many years it was commonly accepted that Rolex only produced manual winding Cosmographs in stainless steel or yellow gold, and never in platinum, white or pink gold.” As it turns out, one customer managed to convince the brand otherwise and the rest is history.

That history, however, culminated in May this year with a 5,937,500 Swiss francs (approx. 24.8 million) sale at Phillip’s Daytona Ultimatum auction. The Rolex Daytona Ref. 6265 Unicorn currently sits as the second most expensive Rolex to ever be sold at a watch auction. Adding to the glamour of it all, all sales from the piece were donated to the Children Action charity.

 

#2: Patek Philippe Ref 2499 Perpetual Calendar Chronograph Asprey

The title of highest auctioned Patek Philippe watch this year goes to the Patek Philippe Ref 2499 Perpetual Calendar Chronograph Asprey that was hammered at 3,915,000 Swiss francs (approx. RM16.4 million) at Sotheby’s recent Important Watches auction in Geneva.

The watch, a possibly unique piece, was manufactured by the esteemed Swiss watchmaker in 1952 and sold in 1956. The Ref 2499 Asprey was first put up for auction in 2006 and has been in the same private collection since then.

Unique features of the piece include a double-signed dial by both Patek Philippe and Asprey.

 

#3: Patek Philippe Ref 2499 Perpetual Calendar Chronograph Serpico y Laina Caracaswas

Next on the list was another Ref 2499, but this time, signed by Venezuelan distributor Serpico y Laina, set up in Caracas, the capital of the country by two Italian immigrants. What makes the Ref. 2499 so special (and given that there are three on this list for this year alone) is the fact that across four different iterations (series) of the watch, only 349 examples of the reference was made. And only across a 35-year mark, making it roughly 10 watches per year.

This particular Patek Philippe Ref 2499 Perpetual Calendar Chronograph Serpico y Laina Caracas was realised at Christie’s Rare Watches auction, at a value of 3,252,500 Swiss francs (approx. RM13.4 million), just a day before the Asprey variant.

 

#4: Rolex Daytona Ref. 6240 Neanderthal

The predecessor of the Daytona Ref. 6265 (the Paul Newman series), the Ref. 6240 was the first to use screw-down chronograph pushers and utilised a unique dial proportion with the subdials nearly touching the outside track. As Phillips puts it, “Any Cosmograph boasting oversized registers is called today a “Big Eye”. What quick-eyed collectors may notice as well, is the fact that the dial has no ‘Cosmograph’ or ‘Daytona’ text to be found.

Because of its inherent uniqueness and legacy as the one that came before the Paul Newmans, this particular Daytona Ref. 6240 Neanderthal hammered at 3,012,500 Swiss francs (approx. RM12.6 million) during the Daytona Ultimatum in May.

 

#5: Patek Philippe Ref. 2499  signed by Tiffany & Co.

 

The Patek Philippe Ref. 2499 makes an appearance again on the list and this time, signed by American jeweller and retailer Tiffany & Co. Sold at 2,950,762 Swiss francs (RM12.4 million) in Hong Kong, the watch is now the most expensive watch to be sold in auction in Asia. According to Sotheby’s that sold the piece, the watch is potentially the only one of its kind, given that there are only six examples of this series made in pink gold.

While the Asprey-signed Ref 2499 was manufactured in 1952 and sold in 1956, this Tiffany & Co model is almost 20 years older, having been made in 1971 and sold in 1972. As we’ve mentioned earlier, the Ref. 2499’s limited production years between 1950 and 1986 have made it such that the earlier series tend to fetch more because of the lesser amount produced then.

 

#6: Patek Philippe Sky Moon Tourbillon Ref. 6002G

 

Sold off at Hong Kong’s Poly Auction’s Important Watches, the Patek Philippe Sky Moon Tourbillon Ref. 6002G is easily the most complicated timepiece on the list. The grand piece was released by Patek Philippe in 2014 and features several functions and complications shown over two dials.

It boasts a tourbillon, a minute repeater with two cathedral gongs, a perpetual calendar with retrograde date, a moonphase display. On top of that, the back of the watch showcases sidereal time, a sky chart of the Northern hemisphere, as well as a progressive moonphase display. The dials have been worked with cloisonné enamel and champlevé enamel for a grander effect.

While it definitely out-complicates many of the watches on the list, the fact that the Sky Moon Tourbillon didn’t fetch as high with its hammered amount at 2,695,207 Swiss francs (RM11.1 million), the watch was sold with a high enough price four years ago and was limited to just five pieces.

Given the appreciation that Patek Philippe timepieces have had over the years, one can imagine that in 40 years’ time, the Sky Moon Tourbillon may see an auction pricing much higher.

 

5 luxuy watches to reward your dad this Father’s Day

If diamonds are women’s best friend, then watches are the male equivalent of it.

So, for this coming Father’s Day, we have compiled a list of watches that we recommend as the ideal gift for fathers that are luxury watch lovers and haute horology enthusiasts.

 

Tudor Black Bay GMT with Manufacture calibre MT5652

As one of the lineup of Baselworld 2018, the Black Bay divers’ watch is back with a new enhanced look that comes with GMT function.

The new Tudor Black Bay GMT is decorated with two colours – burgundy and blue – for its bezel to give it an alluring appearance.

Its heart is powered by a self-winding Manufacture calibre MT5652 movement and encloses in a polished and satin finished 41mm steel case.

 

Omega Speedmaster Moonwatch Co-Axial Chronograph

 

Inspired by Earth’s nightlight, Omega Speedmaster Moonwatch Co-Axial Chronograph 44.25mm is a black ceramic watch accentuated by a “vintage” colour of earth tone.

The watch is paired with a brown leather strap to express the vintage design code and the 44.25mm case houses a matte dial with its indexes and hands illuminated by “vintage” Super-LumiNova (earth tone Super-LumiNova), whilst it is powered by the Omega Co-Axial calibre 9300 movement.

 

Patek Philippe 5531R with calibre R 27 HU

 

Debuted at the “The Art of Watches Grand Exhibition New York 2017”, the Patek Philippe 5531R watch combines two complications, the minute repeater and the world time display that is able to show multiple time zones on the dial.

To match this trailblazing masterpiece, Patek Philippe also created a new calibre R 27 HU movement with a totally recessed mini rotor in 22k gold for the watch.

 

Breitling Superocean Heritage II B01 Chronograph 44

 

If your dad is smitten with masculine watches, this Breitling watch will satisfy his desire.

Bedecked in a navy blue body with steel mesh bracelet, the watch boasts of the Breitling Manufacture Calibre 01 as its heart.

It also comes in few variants namely black dial with silver counters, blue dial with silver counters or silver dial with black bezel and counters.

 

Tiffany & Co. CT60 3-hand 40mm

 

If your dad is the minimalist man who fancies simple designs, this Tiffany & Co. CT60 3-hand 40mm watch is to his liking.

Expressing simple design language, the timepiece is adorned with white Soleil dial and gold poudré numerals with a self-winding movement with 42-hour power reserve.

 

A Closer Look at the History of Patek Philippe’s Perpetual Calendar Timepieces

In May 1902, an object uncovered by archaeologists cast some light on mankind’s historical grasp of horology and our ability to use algorithms to compute the day of the week for any given year, month, and day of month. What we take for granted today on our wrists, was a mechanical marvel and feat of ingenuity for the makers of what came to be known as the Antikythera device.

The ancient Greek ‘computer’ was able to predict the motion of celestial bodies and eclipses for calendar and astrological purposes. Make no mistake, it was a computer; what we do today with silicon wafers and microchips was computed with gears like those of a clock and uniquely shaped components with teeth reminiscent of Radian-scale protractors, likely used to translate mechanical instructions for the “operating system”.

To early 20th century eyes, the purpose of the device was obscure – nothing at this level of technology had been discovered in antiquity. As we approached the 21st century, the advent of advanced imaging technology revealed that intricate gear trains within the device operated at least six indicators displaying all manner of celestial time: the sun, the moon and the four closest planets which men of the era could perceive: Mercury, Venus, Mars, Jupiter and Saturn. And we haven’t even discussed the three dimensional moonphases and the twin dial system that displayed the calendar information, and the stars that ‘rose’ and ‘set’ on any given date.

Believed to have been designed and constructed by Greek scientists as far back as 205 BC, the Antikythera (named for the island coast where the object was discovered) was possessed of technological and engineering features lost to Europe until the development of the first mechanical astronomical clocks in the 14th century.

As it was then and as it is now, these analogue computers essentially take complex tables and calculations and render them arithmetically into gears, wheels and other innovative horological components (like snail cams for leap years). Perpetual calendars we know today from the aforementioned 14th century mechanical clocks, thus, while the underlying principles of ancient analogue computers and mechanical clockwork may be similar, their developmental paths are entirely different.

That said, the devices in question are able to reckon the days, months and years in figurative perpetuity (most perpetual calendars are accurate to a hundred years before requiring adjustment), hence the name perpetual calendar.

While Patek Philippe can lay claim to creation of the first perpetual calendar wristwatch, it was an English watchmaker named Thomas Mudge who invented it in the 18th century. The 1762 Mudge perpetual calendar pocket watch tracked and indicated different measures of time such as day, month (lunar month) and length of year.

The ingenuity of men such as Mudge and the watchmakers at Patek Philippe allowed them to devise minute gears and springs to compute relatively complex arithmetic into an easily understood display. Patek Philippe’s first serially produced perpetual calendar wristwatch spanned 34mm and featured an instantaneous retrograde date display, day and month indications, and a moon phase indicator. Though the Geneva manufacture would sell its first perpetual calendar wristwatch to an American collector named Thomas Emery in 1927, they would only begin serial production of hand-wound perpetual calendar wristwatches 14 years later, beginning with the famed ref. 1526.

By 1962, we would see the first hand-wound perpetual calendar references, predecessors of the contemporary self-winding perpetual calendar wristwatches. This new age was heralded with the ref. 3448 and has since been perpetuated (pun intended) by the legacy of contemporary Patek Philippe Perpetual Calendar references.

(To be clear, other watchmaking companies also got in on the action, but there is a kind of transcendent magic to Patek Philippe perpetual calendars that we are following here – Ed.)

The first wristwatch with perpetual calendar

Why is adjustment needed every 100 years?

Mudge invented the mechanism only 10 years after the Gregorian calendar was officially adopted in England, his home. His mechanical perpetual calendar interprets the Gregorian calendar and its 400 year cycle comprised of 303 common years and 97 leap years totalling 146, 097 days into an engineered series of analogue components and wheels. Each of these moves in concert to display the precise day, date and month (even their varying lengths) without additional adjustments even for leap years. Why then do our contemporary perpetual calendars still need adjustment after a 100-year period? Then as now, a cycle is a 100-year period with 25 leap years and in some instances, a 100-year period with 24 leap years but at its core, all calendars begin with three essential movements of Earth (and its satellite, the moon) – our axial rotation, with which we calculate hours in a day; orbit of the moon, with which we calculate month and finally; how long it takes for the Earth to orbit the Sun, 364.25 days or one year.

Did you know that the “simpler” Annual Calendar (invented by Patek Philippe) actually has more parts as well?

An annual calendar has about 40 more parts than a perpetual calendar due to the fact it is using a system of gear trains compared with the perpetual calendar’s system of levers.

So an annual calendar has more parts but ironically, is more accessible than a perpetual calendar as the gear train construction is still simpler to assemble and fine-tune than the levers of the high complication. One of the main complexities of perpetual calendar is in adjusting that one big lever that activates simultaneously various parts of the movement.

From: World of Watches #39.

Magnificent Watches For The Philharmonic

Classical music — a genre so unspeakably rich in content, vast in scope and so absolutely beautiful is best paired with a complication, because nothing else will quite match up.

Zenith Academy Tourbillon Georges Favre-Jacot

Based off the El Primero chronograph calibre, the movement of this watch is its main draw. The El Primero Calibre 4805 here retains its base movement’s 5Hz frequency, and comes equipped with a tourbillon regulator as well as a fusée-and-chain transmission – features that are arguably archaic, yet rather indicative of a brand’s movement design and production prowess. At 45mm, the watch asserts a stately presence, and comes with a relatively slim bezel to showcase its technical highlights. Black ceramic, approx. RM356,912.

Glashutte Original Senator Cosmopolite

As far as dual time watches go, the Senator Cosmopolite is probably the equivalent of the complete symphony orchestra with more than a hundred members. This watch doesn’t just display local and home time with a set of hands and day/night indicators each, but also accounts for daylight savings time, and even time zones that aren’t offset from GMT/UTC by complete hours. What’s perhaps most impressive is its adaptability – like how a symphonic orchestra can add a separate keyboard section when needed, just a dial change will accommodate new or removed time zones for this watch. White gold, approx. RM218,267.

See also: Perfect watches for a jazz performance.

A. Lange Sohne 1815 Annual Calendar

Nothing says classical quite like Glashütte watches so we have to include A. Lange & Söhne too. Masquerading as a chronograph, the 1815 Annual Calendar keeps its charms mainly for the wearer. Obviously, this is a manual-winding watch that invites quiet contemplation of Calibre L051.3, a composition as elegant as any by Mozart. Dial-side the symphonic action is the ability to advance indications collectively via the push piece at two o’clock. Soloist action can also be performed, with even the date being able to advance separately via a recessed pusher – a first for an A. Lange & Söhne calendar model. Red gold, approx. RM176,280.

Patek Philippe ref. 5930 World Time Chronograph

The time in the major cities around the world at a mere glance, with a flyback chronograph to boot – that’s a good description of Ref. 5930, at least for a start. There’s also the masterful arrangement of elements to keep the dial legible and aesthetically balanced, alongside the shades of blue that do not detract from the classical styling of the watch. There’s even guilloché applied to the middle of the dial that manages to enhance its overall look, without creating any hint of busyness. Truly a timepiece that’s far, far greater than the sum of its parts. White gold, approx. RM301,883.

Words by Jamie Tan. Photography by greenplasticsoldiers. Art direction and styling by Evon Ching. From: World of Watches #37.

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Patek Philippe Presents ‘The Art of Watches, Grand Exhibition’ in New York

Luxury Swiss watchmaker Patek Philippe celebrates its long history and prowess in watch making with a 10-day exhibition. The show, titled ‘The Art of Watches, Grand Exhibition New York 2017’ is slated to take place from July 13 to 23 at Ciprani 42nd Street. A showcase of the Swiss watchmaker’s 178-year-old history, the exhibition covers the tradition of haute horologerie and the brand’s heritage, giving visitors the chance to peak into the world of the last privately family owned Geneva Watch Company.

Watches and timepieces from 1530 will be put on show in a space of 13,218 square feet. The exhibition consists of 10 different rooms, each created to showcase different bits of history. Amongst these is the Napoleon room, which will display limited edition timepieces created specifically for the US market. For a trip back in time, visit the Museum room. Some of the greatest historical timepieces from the last five centuries, including the oldest timepieces to date will be put on view. Not to be missed is the Grand Complication room: Dedicated to Patek Philippe’s most complicated and innovative timepieces, this collection will no doubt showcase the brand’s mastery in horology.

Other than browsing through the informative sections, feast your eyes on Watchmaker and Artisan demonstrations at the Interactive room. Dive into the inner workings of luxury watchmaking by taking part in these activities. For a quick break, the Patek Philippe Café is a great place for rest and relaxation.

Patek Philippe Sky Moon Tourbillon

According to Jasmina Steele, the International Communication & Public Relations Director of Patek Philippe, the aim of the Grand Exhibition is to recreate elements of the company that will provide an unforgettable experience for each visitor as close as possible to the feeling Patek Philippe guests have when they visit the company’s manufacture in Geneva, The Museum, and the historical Salons on the Rue du Rhone. “By offering visitors an immersion inside the world of Patek Philippe, we really want to share our passion for watchmaking and hope visitors will come out of the Exhibition with a greater knowledge and appreciation of the art of watches”, says Jasmina.

Patek Philippe President Thierry Stern commented “From its earliest days, when our founder Antoine Norbert de Patek made his first journey to America in the 1850’s until today, the importance of America to Patek Philippe can be seen through our history exhibited in the Grand Exhibition in New York. Moreover, it is a tradition in my family that the owners of Patek Philippe train in the new world, following the path of my grandfather Henri who founded in 1946 the Henri Stern Watch Agency in the Rockefeller Center and my father Philippe, I trained in the US when I started in the company. I am very proud that American visitors will be able to learn more about the historic and contemporary ties between our company and the American market.”

The Art of Watches, Grand Exhibition opens on July 13 and will be open to the general public. Admissions are free of charge from 10am-7pm on Monday to Sunday, with extended evening hours on Thursday, July 20 from 10am-9pm