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Recently, I came across the above-pictured watch - the Christopher Ward Bel Canto. It is a sonnerie, i.e., it chimes on the hour, and it costs about $4,000. Personally, I do not care about this watch one bit. However, it has caused me to think.
Between CNC machines, the access, and ability to deconstruct, existing movements, CAD, globalization, etc., there is unquestionably a democratization of complications and, to varying extents, the finishing of components. What I personally find interesting is that both lower-tier and upper-tier brands rely on these leaps in technology. It made me think of the Patek 5935A, which seemingly has a stamped guilloche. This is a watch from Patek, and it is using the same technology as some of the lower-tier brands. As time goes by, and it becomes more and more economically beneficial to assemble watches via improvements in technology, I wonder whether the gap between lower-tier brands and upper-tier brands will continue to shrink.
In its past, Patek created perpetual calendar chronographs, minute repeaters, etc., without CAD and without CNC machines. Unquestionably, that required obscene amounts of know-how, experience, watchmaking, etc. With improvements to technology, and with that technology becoming more accessible, what will separate the top from the bottom?
I try not to fetishize finishing, but that is really the one thing - aside from super high complications - that will separate the high from the low. Or maybe ingenuity? Design?
Not that strong, already nearing half the first price achieved. In line with other asset classes. There's just too many of the things to guarantee uniqueness like with proper art.Some hype is still strong.
A Tiffany Blue Patek Philippe Nautilus Just Sold for $3.2 Million
Christie's sold a Tiffany Blue Patek Philippe Nautilus 5711 for $3.2 million, only the second model of the limited-edition watch to hit the block.robbreport.com
Some hype is still strong.
A Tiffany Blue Patek Philippe Nautilus Just Sold for $3.2 Million
Christie's sold a Tiffany Blue Patek Philippe Nautilus 5711 for $3.2 million, only the second model of the limited-edition watch to hit the block.robbreport.com
Not that strong, already nearing half the first price achieved. In line with other asset classes. There's just too many of the things to guarantee uniqueness like with proper art.
Not that strong, already nearing half the first price achieved. In line with other asset classes. There's just too many of the things to guarantee uniqueness like with proper art.
Auction winner deposits payment to Philip Stern:First one was a charity auction though iirc. Usually gives it an additional price bump