Friday, July 11, 2014

BREAKING NEWS: Sotheby's announces auctioning off of Henry Grave's 'Supercomplication' timepiece

It was announced yesterday that Sotheby's will be auctioning off Henry Graves 'Supercomplication' timepiece (pictured below). “The list of superlatives which can be attached to this icon of the 20th century is truly extraordinary.  Indisputably the ‘Holy Grail’ of watches, The Henry Graves Supercomplication combines the Renaissance ideal of the unity of beauty and craftsmanship with the apogee of science,” Tim Bourne and Daryn Schnipper said in a joint statement.

This fine horology beauty took 8 years to create; 3 years of researched followed by 5 years of labor. It started in 1925, when Henry Graves, a prominent New York banker and possibly the greatest horological collector of the 20th century, commissioned Patek Philippe to produce the world’s most complicated timepiece. The finished product was pure perfection. The 18k yellow gold, openface watch  has 24 complications, the most of any watch built by human hands, making it the ‘Mona Lisa’ of watches.  The features of this horological masterpiece include moon phases, sidereal time, power reserve, perpetual calendar, and indicate the time of sunrise and sunset. If you’re wondering what a complication is, have no worries. We asked Eric, one of our master watchmakers to break it down for us. “Basically, a complication is anything on the watch in addition to the basic time function.  So technically all watches that have a calendar, have a complication. Some other complications are, the repeater (which has a gong function used to "chime" the time, some just chime hours and/or half/quarter hours, whereas some have a chime to tell the precise minute), the Annual calendar (compensates for months with 30 days), and the Perpetual calendar (compensates for months with 30 days AND leap years), the tourbillion, the moon phase.” Eric goes on to say the Henry Graves watch isn’t just about how many complications it has, but for the fact it was all made by hand, and made extremely well!

 Mr. Graves pocket watch held the title for most complicated until a watch with 33 complications surpassed it in 1989. Although the Patek Philippe Cailbre 89 may have more complications, it was built with the help of computers, which makes the Supercomplication the most treasured watch in the world.
News of the auction coincides with Patek’s 175th anniversary. Time will tell how much this piece will go for in auction but it’s safe it say it could fetch up to $17 million.

The 18k yellow gold, openface watch, which boasts 24 complications, took 8 years to create; 3 years of research followed by 5 years of labor. It started in 1925, when Henry Graves, a prominent New York banker and possibly the greatest horological collector of the 20th century, commissioned Patek Philippe to produce the world’s most complicated timepiece. The finished product was pure perfection.  As we mentioned earlier, this watch has 24 complications, which includes- moon phases, sidereal time, power reserve, perpetual calendar, and indicate the time of sunrise and sunset. If you’re wondering what a complication is, have no worries. We asked Eric, one of our master watchmakers to break it down for us. “Basically, a complication is anything on the watch in addition to the basic time function.  So technically all watches that have a calendar, have a complication. Some other complications are, the repeater (which has a gong function used to "chime" the time, some just chime hours and/or half/quarter hours, whereas some have a chime to tell the precise minute), the Annual calendar (compensates for months with 30 days), and the Perpetual calendar (compensates for months with 30 days AND leap years), the tourbillion, the moon phase.”  Eric goes on to say the Henry Graves watch isn’t just about how many complications it has, but for the fact it was all made by hand, and made extremely well!