2017 marks the 20th anniversary of the Aquanaut, a Patek Philippe sports watch which, despite its pedigree and fabulous design, remains in the shadow of the legendary Nautilus, and continues to divide hardcore fans of the brand.
A watch with a slide rule is a rare beast, made by only a handful of brands and intended for a specialist audience. As interest in professional tool watches grows, it's worth reminding ourselves how these mechanical calculators work, and why they were so important in the pre-digital age.
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At the cost of great human and national tragedy, war has been seen to accelerate economic and technological development because of the need to create tools adapted to specific military purposes. Most of the time, these tools then evolve into non-military devices and spread new technologies through various other domains.
First a groundbreaking lume, Radiomir then became a watch that would make the transition from military to civilian use with unexpected success, and a valuable icon for Officine Panerai.
Despite a well-curated catalogue, the auction house ended its sale with the most unsold lots of the weekend (15%). The most surprising result was for a Patek Philippe pocket watch dated 1864, which went for almost twenty times its estimate.
More than a third of the watches proposed on November 15th in Geneva were no older than 2005. A good opportunity to spot the ones that hold their value, and those with less staying power.
Close to 1,400 watches and clocks crossed the block over four days in Geneva, achieving CHF 54.6 million. Read on for everything you always wanted to know about the Geneva autumn sales but were afraid to ask.
The auction house sold a Patek Philippe Ref. 1518 in stainless steel for CHF 11 million. Two other examples went for CHF 1.47 million and CHF 598,000. The sale realised a total of CHF 27.5 million.