Tag

Ineichen Auctioneers

Browsing

Ineichen Auctioneers will auction highly collectible watches featuring date and calendar complications at its December 3 auction in Zurich. Watches made by F.P. Journe, Daniel Roth, De Bethune, Jaeger-LeCoultre and Svend Andersen highlight the top lots. 

The upcoming auction is the second part of a series that began with the October 29 sale of watches with tourbillons and skeleton movements. 


Here is a brief look at the auction’s top lots.

F.P.Journe/ Octa Chrono 33/99-02C 

The F.P.Journe Octa Chrono 33/99-02C is a highly collectible chronograph limited to 99 pieces. It was launched with the Ruthénium Collection between 2001 and 2003. This was the first limited edition collection by F.P.Journe, who was one of the few watchmakers to have developed a wristwatch with its own interpretation of a classic chronograph complication.

The watch completed the Swiss watch brand’s production of watches with movements traditionally made from brass with galvanic coatings. In this instance, he used a 40mm case for the first time, incorporating a thin, self-winding caliber 1300, mainplate and bridges in brass with dark grey ruthenium coating, gilt engravings, a rotor in 22-karat rose gold with grain d’orge guilloché pattern and a power reserve of up to 160 hours. Estimate: CHF 150,000-200,000.

 

Daniel Roth 

Masters Calendar 

This numbered edition of a perpetual calendar is presented in a double ellipse- shaped case in 18-karat white gold, measuring 35mm x 38mm and 9.8mm.. Roth was the head watchmaker at Breguet for fifteen years, where he recreated the classic Breguet style and developed some iconic watches, including tourbillon, chronograph, perpetual calendar pieces, as well as Ref. 3130, inspired by Breguet’s pocket watch No. 5 of 1794.

For his own brand, founded in 1989 and active until 2010, Roth developed a kind of late-20th century Breguet style with a double ellipse-shaped Ellipsocurvex case design, ruthenium-plated guilloché dials, and blued steel arrow hands.

This lot offers a unique configuration of complications, a finely elaborated dial design, and haute horlogerie movement finishings. Seldom seen on the secondary market and believed to be very limited in production, available references do not seem to exceed serial number 39. The model belongs to a series of semi-instantaneous perpetual calendars powered by the self-winding caliber DR114 and does not have a moonphase display. This appeared later in a more complicated version of the watch. Estimate: CHF 20,000-25,000.

 

 

De Bethune 

DB15 Perpetual Calendar Ref. DB15WT

In 2004, just two years after its founding, De Bethune launched the groundbreaking DB15 perpetual calendar embedded with an impressive list of unique features. This rare white gold perpetual calendar wristwatch was launched in 2004. Cased in 18-karat white gold (diameter 43.4mm and 12mm thick) it features cone-shaped lugs and a sapphire caseback. Its matte silver-plated gold four-part dial features a raised chapter ring with blue Roman numerals and peripheral ‘railway’ minutes track, moonphase and leap-year sub-dial at 12 o’clock in polished and blued steel with stars in yellow gold, blued steel hands.

Inside is Caliber DB2004, a manual-winding movement with De Bethune patented 3-spoke titanium balance with platinum ogival weights, De Bethune patented self-compensating free sprung hairspring with a flat end-curve, double barrel, power reserve up to 5 days. Functions include indication of time in hours and minutes, perpetual calendar indicating date at 6 o’clock, days of the week in an aperture at 9 o’clock, months in an aperture at 3 o’clock and leap-year in an aperture at 12 o’clock, De Bethune spherical moonphase indicator at 12 o’clock.  This reference is discontinued, the present example in 18k white gold with a solid-gold silvered dial is one of only 45 pieces ever produced by the brand.

Estimate: CHF 70,000-80,000.

 

 

Jaeger-LeCoultre

Reverso Grande Date Septantième, Ref.240.6.90.

This unusual platinum complicated wristwatch was part of a limited collection launched to commemorate the 70th anniversary of the Reverso in 2002. Limited to 500 pieces, the watch tracks hours and minutes. 

The platinum Reverso has been an exclusive offering of the brand since the early 2000s. Almost all of them are equipped with complicated calibers, often offering a unique set of complications, such as the present reference. It was the first Reverso to be powered by an eight-day caliber, to use white gold for producing the caliber’s mainplate and bridges, to have a large Reverso XGT-sized case in platinum, and to have a big date indicator.

It is likely that this is the only one with a caliber that uses a swan neck index regulator. Caliber 879 was designed solely for two Reverso Septantième limited editions and is used nowhere else. 

Estimate: CHF 15,000-20,000. 

 

 

Andersen Genève 

Chronometre Perpetual WG

Svend Andersen was a founding father of the Academy of Independent Watchmakers (Académie Horlogère des Créateurs Indépendant, AHCI) in 1985. Prior to that, from 1969, he worked for nine years in the Atelier des Complications of Patek Philippe.

The Chronometre Perpetual was produced in very small quantities and rarely appears on the secondary market. A masterpiece of complicated mechanics and design, the Andersen Genève Chronometre Perpetual No. 27 represents one of the watchmaker’s extraordinary developments for the perpetual calendar, which is double-sided in this instance. He favored unexpected and paradoxical decisions, achieved by the contrast of this minimalist design with the apparent complexity of the perpetual calendar mechanism that has only a single date display on the dial. 

For further information, see auctions details on the Ineichen Auctioneers website. 

Source: Ineichen Auctioneers

Zurich-based auction house Ineichen Auctioneers will offer an enticing series of auctions featuring complicated watches during the final quarter of 2022. 

First up is an auction on October 29 that features more than thirty watches and will showcase tourbillons and open-worked (skeletonizied) watches. Part two of the series, slated for December 3, will focus on watches with chronograph and date functions. 

Notable lots for the October auction include a Vacheron Constantin Les Complications Tourbillon Ref. 30050, an MB&F LM Perpetual, a Girard-Perregaux Laureato Flying Tourbillon Skeleton, a Daniel Roth Tourbillon Perpetual Calendar, several stunning Jaeger-LeCoultre complicated pieces, an IWC minute repeater and a pair of Breguet beauties, among others.

At the October 29 auction: An IWC Schaffhausen Portuguese Minute Repeater Squelette Limited Edition.

“Despite their mechanical complexity, I think tourbillon watches and skeletonized pieces are the most visually pleasing. This auction is purely about joy-inducing aesthetics for me,” says Ineichen Auctioneers CEO Artemy Lechbinsky.

Here’s a peek at a few of the top lots for the October 29 auction.

Vacheron Constantin Les Complications Tourbillon (Ref. 30050/000P-7605) 

This early and rare tourbillon (dated 1990-2000) from Vacheron Constantin is cased in platinum 950 with a diameter of 38mm, a thickness of 11.5mm and a sapphire caseback.

Silvered gold dial with Clous de Paris guilloché pattern, Caliber 1760, hand-wound, double barrel. Functions: indication of time in hours and minutes, small seconds hand on tourbillon shaft, power reserve at 12 o’clock. Black leather strap, Vacheron Constantin half Maltese cross-shaped platinum pin buckle. Estimate: CHF 30,000-40,000.

 

Parmigiani Fleurier Tourbillon Chronograph Tondagraph Limited Edition (Ref. PFH236) 

An impressive limited-edition rose gold tourbillon and chronograph wristwatch. Estimated production period: 2013–2019. Case made of 18-karat rose gold, diameter 43mm and 13.4mm thick frames an  open-worked dial, sapphire caseback. Caliber PF354 is manually wound with power reserve up to 65 hours. Functions: indication of hours and minutes, small seconds at 9 o’clock, tourbillon at 6 o’clock, chronograph with central seconds hand and 30-minute counter at 3 o’clock, power reserve indicator at 12 o’clock. Original Parmigiani Fleurier black leather strap, made by Hermes, Parmigiani Fleurier 18-karat rose gold pin buckle. Limited edition of 30 pieces. Estimate: CHF 30,000 – 40,000. 

 

MB&F Legacy Machine Perpetual Limited Edition (Ref. 03.YL.BL)

The complexity of this fully integrated perpetual calendar developed by MB&F and Stephen McDonnell limits the production. The 581-component in-house movement was developed to eliminate the drawbacks of conventional perpetual calendars. It is designed to be user-friendly, ensuring that dates are not skipped or gears jammed. Adjuster pushers automatically deactivate when the calendar changes.

This watch forms part of a collection limited to twenty-five pieces that was launched in 2020. It is presented in a yellow gold case, which contrasts beautifully with the blue detail on the dial. High-end hand finishes that respect the 19th-century style can be admired throughout. The watch is fastened with a black leather strap with 18-karat yellow and white gold MB&F triple folding clasp produced by G&F Chatelain.

Estimate: CHF 80,000 to 100,000.

 

Girard-Perregaux Laureato Flying Tourbillon Skeleton (Ref. 99110-52-000-52A)

The numbered edition 42mm Laureato Flying Tourbillon Skeleton, first introduced in 2017, is produced exclusively in 18-karat gold. It is arguably one of the finest complicated luxury sports watches presented on an integrated bracelet.

Caliber GP09520-0001, which powers this model, is an extremely rare movement for Girard-Perregaux. It is equipped with a flying tourbillon, devoid of a bridge on the dial side, and features a proprietary design normally with three gold bridges. The GP09520-0001 is produced exclusively in the skeletonized version and was the brand’s first self-winding flying tourbillon movement. Estimate: CHF 60,000 to 80,000.

 

Daniel Roth Tourbillon Perpetual Calendar Retrograde Date ‘XV years’ Limited Edition (Ref. 199.Y.70.011.CN.BD)

This watch showcases a rare combination of complications: a perpetual calendar with two retrograde indicators (date and leap year), tourbillon and automatic winding functionality, which are powered by the DR740 caliber. All Ref. 199 sub-references were produced in very limited quantities and precious metals including platinum as seen in the current lot. It was launched in 2004 as a jubilee limited edition to commemorate the brand’s 15th anniversary.

Early Daniel Roth watches are known for their elaborate dials decorated with different guilloché motifs that highlight the placement of his signature blued steel hands as well as double ellipse-shaped Ellipsocurvex cases and haute horlogerie movement finishes.

This piece is one of the first generation (Mk1) releases of the Ref. 199 design. It features a solid dial as well as a guilloché small seconds subdial with three “XV” embossed inscriptions woven into the pattern. Such decoration is atypical of the Daniel Roth style. The presence of a tourbillon is indicated only by the inscription “Tourbillon” on the subdial because it is only visible through the sapphire caseback. There is also an engraved inscription “XV years” on the rim of the caseback. Estimate: CHF 30,000 to 40,000.

 

Breguet Classique Grande Complication Tourbillon ‘Senza B’ (Ref. 5357PT/1B/9V6) 

This rare and fine platinum tourbillon wristwatch was most probably produced in 2012. Case made of platinum 950, it measures 39mm by 8.9mm, with a signed crown, sapphire caseback, 18k gold silver-plated dial with hand-made guilloché decoration, recessed hours and minutes sub-dial, Breguet double secret signature between XI and XII and XII and I. The hand-wound caliber 558.1 is hand-engraved with Breguet hairspring. Functions – hours, minutes, tourbillon, small seconds hand on the tourbillon shaft. Black leather strap with Breguet platinum 950 double folding clasp.

This Classique Grande Complication Tourbillon Ref. 5357 was introduced in 2002 as a larger 39mm alternative to the original 35mm Tourbillon Ref. 3357 (initially 3350). Unlike reference 3357, Ref. 5357 featured a new single-layer solid-gold and silvered dial, decorated by hand-made guilloché pattern, with a recessed hours and minutes sub-dial and a round tourbillon aperture, but the same original Breguet’s hand-wound tourbillon caliber 558 (version 558.1). 

The reverse side of the movement deserves special attention – it is exquisitely and lavishly engraved by hand, and, moreover, there exists at least five basic engraving generations. The engraving of caliber 558 is done by hand and although it follows one of the 5 basic designs, the engraving is different each time in small details, and therefore any watch is essentially a unique piece. Estimate: CHF 30,000 – 40,000. 

Source: Ineichen Auctioneers

Zurich-based Ineichen Auctioneers will help Audemars Piguet celebrate five decades of Royal Oak designs with Royal 50, a dedicated auction to mark the anniversary.

The auction, which is scheduled to place in Zurich and online on May 28, will also mark the first time a major watch auction house will drop the buyer’s premium and register its shares on the Blockchain.

The Audemars Piguet Royal Oak was among the first high-end sports watches made with a steel case. And, presaging the upcoming auction, a Royal Oak was also the first collectible watch that Ineichen CEO Artemy Lechbinskiy added to his own collection.

The Ineichen auction joins other 50th anniversary celebrations underway in auction houses and exhibitions across the globe. For example, the Royal Oak design is the subject of an exhibition at Harrods in London while Audemars Piguet itself is debuting a 39mm steel Extra-Thin 50th anniversary Royal Oak with a flying tourbillon, with a 37mm version set for release in late 2022.

Here are the top lots listed for the Royal 50 auction, slated for May 28.

 

Audemars Piguet Royal Oak Selfwinding Flying Tourbillon Premier Limited Edition Ref. 26530ST

Audemars Piguet Royal Oak Selfwinding Flying Tourbillon Premier Limited Edition Ref. 26530ST (Estimate: CHF 400,000 – 450,000)

This model boasts Audemars Piguet’s signature Tapisserie design transformed into a sunburst pattern (called Evolutive). More of the sunburst pattern can be revealed behind the sapphire caseback. From the back you’ll see a beautifully finished in-house Caliber 2950 with 65 hours of power reserve and Geneva stripes, emulating the pattern on the dial. This stainless steel version comes with a smoked blue gradient dial design.

Audemars Piguet Royal Oak Minute Repeater Supersonnerie Premier Limited Edition Ref. 26591TI

Audemars Piguet Royal Oak Minute Repeater Supersonnerie Premier Limited Edition Ref. 26591TI (Estimate: CHF 350,000 – 400,000)

This model, called Supersonnerie, produces loud and clear sound and is a result of eight years of research. Unlike most others repeaters, the Supersonnerie’s gongs are attached to a titanium membrane on the back of the movement. This membrane acts the same way as guitar’s soundboard, dramatically amplifying the sound and providing it with the most clear, pleasing tone. Apertures in the caseback allow the sound to escape freely.

The 42mm case crafted from grade 5 titanium is complemented with a titanium bracelet. Inside lies in-house Caliber 2953, a hand-wound movement made of 362 parts and beating at 3Hz. Made as a five-piece limited edition with a smoked blue Grande Tapisserie dial, the watch is among the most collectible minute repeaters.

Audemars Piguet Royal Oak Tourbillon Automatic Ref. 25902PT.OO.1110PT.01

Audemars Piguet Royal Oak Tourbillon Automatic Ref. 25902PT.OO.1110PT.01 (above) Estimate: (CHF 350,000 – 400,000)

Launched in 1999, only ten pieces were produced. Inside is the automatic tourbillon caliber 2875SQ, which was seldom used in the Audemars Piguet collection. Now discontinued, this artistic skeleton execution appears only in this reference. The 41mm case is made of platinum 950.

A transparent dial showcases the chiseled and engraved skeletonized caliber 2875SQ. The power reserve is up to 54 hours and visible via the sub-dial at 9 o’clock. Hours and minutes are indicated with an off-center main dial. The flying tourbillon is at 6 o’clock, and the date sub-dial at 3 o’clock.

 

Audemars Piguet Royal Oak Open-worked ‘Rose Gold Jumbo’ Ref. 15204OR.OO.1240OR.01

Audemars Piguet Royal Oak Open-worked ‘Rose Gold Jumbo’ Ref. 15204OR.OO.1240OR.01, above.  (Estimate: CHF 150,000 – 200,000)

This open-worked mechanical watch features outstanding technical and decorative characteristics of the skeletonized caliber 5122, one of the best traditionally skeletonized self-winding movements with art-deco aesthetics.

Launched in 2014, this rose gold 39mm watch features a skeleton dial with a peripheral chapter ring, rose gold hour and minute hands, and a luminous, sapphire caseback. The ultra-thin, self-winding, open-worked 22k gold oscillating weight displays the logo and Tapisserie motif on the rim.

 


Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘All-Rose Gold’ Ref. 25829OR.OO.0944OR.01

Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘All-Rose Gold’ Ref. 25829OR.OO.0944OR.01 (above) (Estimate: CHF 200,000 – 250,000)

A refined open-worked perpetual calendar wristwatch in rose gold; this Royal Oak perpetual calendar watch communicates a certain era in the development of the Royal Oak collection – from 1997 to 2014. At this point, the dial incorporated the classic leap year indicator, but was still without the central hand to indicate the week of the year.

The latter is a customary feature of modern models cloned from caliber 2120/2800. The transparent dial with blackened-gold, leaf-shaped hour and minute hands on Royal Oak models is also rare, as is the all-rose-gold execution of the watch. The piece is no longer in production. It was succeeded in 2015 by the latest generation of 41mm perpetual calendars, featuring the number of the week indication via a special pointed hand.

Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘The First Generation’ Ref. 25636BA.OO.0344BA.01

Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘The First Generation’ Ref. 25636BA.OO.0344BA.01 (Estimate: CHF 200,000 – 250,000)

The first open-worked perpetual calendar in the Royal Oak collection, produced from 1983 to 1993. At this stage in the development of the Royal Oak perpetual calendar the classic leap year indicator was absent from the dial. Ref. 25636BA is seldom seen on auction. The number of pieces produced was limited, with production discontinued in 1993. The case of this wristwatch is 18k yellow gold. It has a diameter of 39mm, and thickness of 8.3mm. The early Royal Oak Perpetual Calendar “stick” hands are noteworthy on the transparent sapphire (or skeleton) dial.

Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘Platinum Edition’ Ref. 25829PT.OO.0944PT.01

Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘Platinum Edition’ Ref. 25829PT.OO.0944PT.01, above.  (Estimate: CHF 200,000 – 250,000)

This platinum Ref. 25829PT is another rarity. It features a rare full-platinum case, bezel and bracelet. A collector’s item from the 1997 to 2014 era, its dial features the classic leap year indicator sans central hand for the week of the year. The transparent dial with leaf- shaped hands, which is unique to the Royal Oak collection, as well as the ultra-rare platinum execution makes it a priority for collectors.

The case in platinum 950, with a 39mm diameter, 9.3mm thickness, and transparent sapphire (skeleton) dial encloses the caliber 2120/2800SQ, and a self-winding, open-worked rotor with ultra-thin inertial segment in 21k yellow gold. The power reserve is up to 40 hours. This piece is mounted on a platinum Royal Oak bracelet with Audemars Piguet platinum double folding clasp.

Source: Ineichen Auctioneers