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Patek Philippe Pocket Watch Sells for $5 Million, Sets New World Record

Filed under: Timepieces, Auctions


A Patek Philippe Yellow Gold Calibre 89 pocket watch, the world's most complex timepiece as mentioned by my colleague Ariel Adams last month, just sold for a world record price of CHF 5,120,000, or $5.068 million at Antiquorum's 35th Anniversary Sale in Geneva. "The incredible result realized for the Calibre 89 in our 35th anniversary auction indicates that the market for the most complicated and important watches in the world remains exceptionally strong," notes Antiquorum Chairman Robert Maron. "We are extremely honored to have sold this exceptional and unique timepiece for the second time in Antiquorum's history and are thrilled that we have once again achieved a world record price at auction." With a staggering 33 complications, the watch weighs nearly 2.5 lbs. and has an 18k yellow gold case. It was made to honor the 150th anniversary of the famed Swiss watchmaker.

A. Lange & Sohne Zeitwerk Watch Wins Top Prize At The Grand Prix d'Horlogerie de Genève 2009

Filed under: Timepieces


I knew that the A. Lange & Sohne Zeitwerk watch had a lot going for it. When it was announced several months ago in May, I was sure that Lange was doing things right. Oddly enough, its parent company Richemont Group did not. Even though the brand has an almost fanatical following and continues to win award after award (for both the company and their products), there was enough tension over profits between former CEO Fabian Krone and Richemont Group corporate to lead to the former CEO's resignation. Shame that Richemont didn't value the skill and determination of the brand.

Like Zeitwerk... I mean clockwork, A. Lange & Sohne has won yet another award for their watches. The result of this year's Grand Prix d'Horlogerie de Genève has the Lange Zeitwerk watch winning the "Golden Hand" award. Roughly making it the top watch of the year. Through the various categories, this is the ideal award that any watch maker can strive to achieve for this highly watched annual horological recognition event.

The Lange Zeitwerk watch is a mechanical masterpiece that combines modern and traditional watch making. The dial shows the time digitally via two windows and has a analog subsidiary seconds dial and power reserve indicator. Prices for the watches average about $55,000 - $76,000 (gold and then platinum).

Ariel Adams publishes the luxury watch review site aBlogtoRead.com.

The Geneva Watch Factory 2010 Exhibition For Young Watch Brands

Filed under: Timepieces, Events

geneva watchNew and smaller watch brands have a tough time when it comes promoting themselves to the watch industry at large. Especially when it comes to an industry that is so focused around personal relationships and establishing key strategic relationships. With hundreds of watch brands today, and new ones popping up all the time (even in this economy), dedicated watch industry shows are very important. The two major shows in Europe are Baselworld and SIHH (Salon International de la Haute Horlogerie)- both in Switzerland. With the latter being basically a show for the Richemont brands.

A new watch show has just been organized and will debut in Geneva in January 2010. The name is The Geneva Watch Factory, or just "The Watch Factory." Yes, it is a cheesy name as far as I am concerned, but so are most names for exhibits such as this. The show will actually compete with SIHH as it will be held at the same time and in a nearby location in Geneva. The show will feature at least 20 "young brands." Part of the reason that these brands are interested in the new show is due to the massive size of Baselworld where it is easy to get lost among the other brands, as well as likely the expense to exhibit at Baselworld. Stay tuned for more information about the participating watch brands as we get closer to January.

Ariel Adams publishes the luxury watch review site aBlogtoRead.com.

The Classicist: Kanye's Blacked-Out Rolex.... & Everything Else

Filed under: Timepieces, Wheels, Celebrity Shopping, Men's Style, The Classicist


Rapper, producer, designer, and tastemaker Kanye West could obviously have any watch in the world. The one he chose is a customized all-black Rolex Submariner by Swiss firm Black-Out Concept (above), on a black nylon NATO spec strap. Kanye made a decision a while back that Rolex would be his signature watch brand, but he wanted to add his own twist; Black-Out's version was perfect. "It looks hard, it looks really cool," he explained in naming the watch one of his 10 style essentials. "It's a new take on a classic watch." He also likes the fact that they take a Rolex and literally "paint it black" (coat it, actually).

Black-Out Concept was founded in 2007 by Fabrice Letellier in Geneva. An avid watch collector, racecar driver and all-round exotic car enthusiast with the means to indulge his passions, the idea was born when Letellier had some of his supercar collection given a matte black treatment, i.e. blacked-out. Next he decided to do the same with his Rolex, and soon some of his fellow car and watch aficionados followed suit. Obviously there was a market for it. Letellier contracted with one of Geneva's best watchmakers to perfect the black out process for timepieces, which is done using two low-friction, scratch-proof finishes used by the military, PVD and DLC (diamond-like carbon).

Black-Out also creates customized blacked-out cars, including Ferrari, Lamborghini, Bentley and Aston Martin; the Black-Out package on the latter (see the gallery) costs about $40,000. They do customized matte black motorcycles as well built on a Harley-Davidson base, blacked-out Vertu Ascent cell phones - basically anything you can think of that would look better in all black. In addition to the Submariner they also black out several other Rolex models, including the GMT II, Daytona, Milgaus, and Deepsea, as well as other brands like Panerai, Bell & Ross and Audemars Piguet. Letellier has his own high-end watch brand in the works as well.



Of course, Black-Out aren't the only ones to offer blacked-out Rolexes; we've written before about Bamford & Sons' $30,000 PVD Daytona and other models, as well as Jacques Picard's $18,000 DLC Deepsea. (No, we don't know who thought of it first.) Black-Out doesn't actually sell watches, however, they customize yours at a cost of €5,000, or about $7,000, which includes Fed-Ex'ing to and from Geneva, and a set of three different straps including the NATO. So you can in fact get the look of the far more expensive models for much less - if you pick up a used Submariner in the $5,000 range - yet still have a watch that's every bit as exclusive, not to mention Kanye-approved. You can contact Black-Out's U.S. representative Christian Ginet at blackoutconcept@mac.com for more info.

$1 Million Patek Philippe in Geneva Auction

Filed under: Timepieces, Auctions


Auction revenues in general may be in decline but the price of rare classic Patek Philippe watches seems to be holding steady. At Christie's Important Watches sale in Geneva on May 11 an exceptionally fine and rare 18K rose gold perpetual calendar chronograph Patek Philippe wristwatch with moon phases and baton numerals from 1960 is expected to fetch a record price, with a pre-sale estimate of $880,000 - $1.3 million. The watch, which has never before been offered at auction, is one of only seven examples of the highly-coveted second series reference 2499 in rose gold known to have appeared in public to date.

[via JustLuxe]

Austria, Switzerland Top World's Best Places to Live

Filed under: Journeys

viennaEurope – the same corner of Europe, actually – claims the first three spots in Mercer Consulting's annual Quality of Living Survey. Vienna, Austria and Zurich and Geneva in Switzerland lead the list, followed by Vancouver, Canada and Auckland, New Zealand in a tie for fourth.

Little has changed for the top half of the top 10. Last year, Zurich nabbed the top spot, and Vienna and Geneva shared the #2 spot. Vancouver is unchanged year-over-year, and Auckland's #5 finish last year is roughly the same as its tie for fourth in 2009.

Not only are the top places to live ostensibly enjoyable, you're more likely to be there for a while. Life expectancies in these cities start at 79 years. It's better than living a nice long life in a dump, I guess.

The United States doesn't appear until the bottom of the top 30, with Honolulu and San Francisco. From Asia, only Singapore picks up a spot in the world's 30 best places to live. South America and Africa are not represented at all. It's strange, I half-expected to see Mogadishu on this list.

Of the 215 places listed, Baghdad has the distinction of finishing last. Sometimes, common sense prevails.

Fairmont Le Montreux Palace Unveils Multimillion-Dollar Revamp

Filed under: Journeys, Spas


Switzerland's legendary Fairmont Le Montreux Palace (above), originally built in 1906, will unveil a multimillion-dollar renovation by noted interior designer Fiona Thompson next month, including a new suite fashioned in honor of flamboyant Queen frontman Freddie Mercury. The luxurious Beaux-Arts hotel, which overlooks the French Alps and is located on the shores of Lake Geneva, is introducing a contemporary new redesign of its guest rooms, Brasserie and public spaces, including the Freddie Mercury Suite. Mercury was a Montreux resident and frequent guest of the hotel, as were such luminaries as Tchaikovsky, Stravinsky, Lord Byron, Leo Tolstoy, Dostoyevsky, and Vladimir Nabokov.

The 235-room luxury resort offers 190 elegantly-appointed rooms and 45 suites and junior suites, 12 conference and meeting rooms, and the 21,000 square foot Willow Stream Spa in addition to the resort's renovated Brasserie, a new lobby lounge and bar, and the famous Harry's New York bar. Elegant and timeless, the guest rooms at Fairmont Le Montreux Palace contrast traditional and contemporary new design elements with breathtaking views of Lake Geneva. Color palettes are light and airy set against a series of colorful photographic prints throughout the rooms, representing the reflective qualities of water.

Alfa Romeo Pumps up the MiTo with the GTA concept in Geneva

Filed under: Wheels



When Alfa Romeo launched the MiTo, it was clear the Italian automaker was serious about taking on the premium hatchback market in Europe, a realm until now dominated by BMW's Mini. But while the MiTo borrowed styling cues from its big brother, the 8C Competizione supercar, the small hatch lacked the performance to back up its looks. With the new MiTo GTA, Alfa looks poised to rectify the situation. Resurrecting the company's performance badge, the GTA packs a 230-horsepower turbocharged engine, packed into a compact aluminum and carbon-fiber body with attitude to spare. Although the car shown in Geneva was, strictly speaking, a concept car, Alfa says it will be putting it into production before the end of the year. In the meantime, why not have a look at the images in the gallery below.

Ferrari Debuts Tweaked 599 HGTE in Geneva

Filed under: Wheels



It doesn't get much better than the Ferrari 599 GTB Fiorano. It's got the engine from the Enzo supercar in a package more suited towards everyday driving and is widely regarded as one of the most dynamic vehicles on the road. But Ferrari didn't get where it is today by sitting on their fine-leather laurels, and with that in mind the Italian sportscar company and racing team released a new package for the 599 called the Handling GT Evoluzione.

The tuned suspension on the 599 HGTE features stiffer springs, beefed-up roll bars and retuned magnetic viscosity shock absorbers, resulting in a lower ride height, complemented by new 20-inch split-five-spoke modular wheels wrapped in new tires. The advanced F1-derived transmission has also been updated, as has the exhaust system, while inside the cabin has been revised with leather, Alcantara suede and carbon fiber. No word on pricing, but considering that the existing 599 retails for over $300k, this is definately one of those "if you have to ask..." moments.

Let Them Eat Cake: Bentley Unveils Continental Supersports in Geneva

Filed under: Wheels



With environmentalists pushing for more earth-friendly transport, surely gas-guzzling behemoths like Bentleys would be going the way of the do-do. Not so fast, says Bentley, as the British luxury automakers, famous for making cars that more closely resemble locomotives with enormous engines, has revealed its game plan to take the Winged B badge into the environmental age.

Called the Continental Supersports, the concept car is the first of what Bentley hopes will be many ethanol-burning vehicles it will offer. Not only does the Supersports offer improved fuel economy and reduced emissions, but it is actually the most powerful, fastest Bentley to date. With 621 horsepower on tap and a zero-to-sixty time of an amazing 3.7 seconds, the Bentley Continental Supersports hit the scene in Geneva to say that we can have our cake and eat it, too.

Audi TT RS debuts at Geneva Motor Show

Filed under: Wheels



With the R8 supercar, German automaker Audi demonstrated to the world that it is capable of producing the most capable performance sportscars on the road. But the gap between the R8 and its kid brother, the TT, remained as wide as the supercar's track. At this year's Geneva Motor Show, however, Audi closed that gap considerably with the new TT RS.

Packing a turbocharged, direct-injection inline-five with 340 horsepower and 332 lb-ft of torque, the TT RS is capable of hitting 60 in a scant 4.6 seconds, and will be available in both coupe and convertible body styles. Unfortunately the hot TT won't be making it to the North American market, so those on the Western shore of the Atlantic will just have to admire from afar, like with the images in the gallery below.

Double Dutch: Spyker Unveils New C8 Aileron at Geneva Show

Filed under: Wheels



Europe's finest sportscar-makers descended on the lakeside town of Geneva from all over the continent, and the Netherlands was well represented at the show this year with the new C8 Aileron. Sporting a longer wheelbase for a more commodious cabin than the C8 Laviolette which it replaces, the Aileron was shown in Geneva last year as a concept car and returned this year in production form. Power is provided courtesy of Audi, with a 400-horsepower V8 driving one of the most deliciously appointed interiors on the market. Rather than simply lengthening the C8's wheelbase, Spyker went back to the drawing board for the Aileron as it attempts to lure buyers away from more mainstream sportscars and make it in the lucrative North American market. See for yourself in the gallery of photos below.

Aston Martin Revives Lagonda Marque in Geneva with Quirky Crossover Concept

Filed under: Wheels



For such a small company, or by any measure, really, Aston Martin certainly had its hands full preparing for this year's Geneva Motor Show. The company currently offers essentially two model lines, but at the Swiss show revealed four new models that didn't step on each other's toes. In addition to the V12 Vantage, the DBS Volante and the seven-figure One-77 supercar, Aston also took the opportunity to revive the long-dormant Lagonda marque. Now celebrating its 100th anniversary, Lagonda has been out of commission for decades, but is now poised to make a comeback. Unfortunately the concept which Aston unveiled to kick off Lagonda's return disappointed what could have been an elegant affair.

Instead of showing a limousine as expected to take on the likes of Bentley, Rolls-Royce and Maybach, the Lagonda Concept is an awkwardly-styled crossover with a huge gaping mouth and unattractive shape, especially in the presence of such classically beautiful Aston sportscars. Company executives hope the production version, whenever it rolls around, will help them expand into new markets like the Middle East, China, India and Russia where luxury SUVs are even more the rage than they are in the U.S. But while this beast may strike a chord with those who have more money than taste, we would have expected a little more from Aston Martin. See for yourself in the gallery of photographs below.

Zagato's New Perana Z-One in Person at the 2009 Geneva Motor Show

Filed under: Wheels



Of all the countries in the world producing sportscars, South Africa may not spring to mind first. A small sportscar-maker called Noble operates there, and we recently reported on the new Barnard, but at the ongoing Geneva Motor Show this year, a new player called Perana popped onto the scene with the Z-One. Designed by venerated Milanese styling house Zagato - the same people who brought us the one-of-a-kind Ferrari 575 GTZ, the Spyker C12 concept car and the $1.7m Bentley Continental GTZ - the Z-One was perhaps the most beautiful new car presented at this year's Geneva Motor Show...and that's saying a lot. Power is provided by a Corvette-sourced V8 engine, and prices start at 50,000 euros. Not chump change for most of us, but a steal nonetheless for one of the most breathtaking sportscars money can buy. See for yourself in the gallery below.

Sacr Bleu! Bugatti Celebrates 100th Anniversary at Geneva Show With a Fresh Coat of Paint

Filed under: Wheels



This year's Geneva Motor Show had plenty of surprises and a wealth of breathtaking new automobiles on display, but it also had its share of disappointments. Bugatti, for example, is celebrating its 100th anniversary this year. But instead of marking the occasion in the grand style we expected, Bugatti simply slapped a fresh coat of paint on an existing Veyron and blew out the hundred candles on its cake.

Called the Bleu Centenaire, the special Veyron is differentiated from its "ordinary" counterparts (if you could apply the term to a seven-figure supercar) by a special French Racing Blue paintjob in tone-on-tone matte and glossy finish, complemented by special wheels. Only one will be made, but then just about every Veyron to roll out of Bugatti's Molsheim factory is different from every other.




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