Important Headlines From The World of Watchmaking

Important Headlines From The World of Watchmaking

We have recently compiled the news that keeps the pulse of the world of watchmaking for you.

Only Watch Auction, the most exciting organization of the year in the world of watchmaking, has been postponed. Or it would be more accurate to say that the 2023 version has been canceled. Naturally, the watches prepared for 2023 will be auctioned in 2024. So, will the designs of watches with the phrase Only Watch 2023 change? Will the parts be remanufactured? Or will the watches be produced entirely from scratch? So why was this auction postponed? Apparently, someone wanted to see documents about where the money collected from the auction was spent. The Only Watch team could not manage the crisis and tried to get out of the situation by simply saying trust us and sorry for this year. Scandal!

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The unique piece Panerai PAM1346 model, which has a 47mm diameter platinum case and manual winding Angelus SF240 movement with an 8-day power reserve, was sold for 355,600 CHF through the Phillips auction house. This value is well above the estimated price for the watch. With Panerai's endless stories, the resentful Paneristi group, and questionable vintage models, I wonder who paid that price for that watch.

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F.P. Journe, introduced its new restaurant this time instead of a new watch. Let me give you the address; 49 Rue de Rhone, Geneva, Switzerland. The name of the place opened in collaboration with Chef Dominique Gauthier is also quite creative: Le Restaurant. Since Chanel bought 20 percent of the so-called independent F.P. Journe, I began to lose sympathy for the brand. Yes, the watches are extraordinary, but is it right to please such a small group and be talked about so much?

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Nomos from Glashütte introduced the Tangente model with an 18K pink gold case, themed around the 175th anniversary of the brand in luxury watchmaking. The case dimensions of the watch, which is limited to 175 pieces, are 35mm x 43mm x 6.9mm. Nomos, the constant address of simplicity and elegance, has included the in-house automatic caliber DUW 3001 in this model. The 27-jewel automatic movement has a power reserve of 43 hours. Those who want to get their hands on this example of nobility, which has a list price of 8600 Euros, would do well to act quickly.

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