Trio of Patek Philippe Dome Clocks Sell for Record Price, Raising S$2.45 million for Charity

Three one of a kind cloisonné enamel Dome Clocks created by Patek Philippe for Singapore's Golden Jubilee have just sold for a total of S$2.45 million, with one going for S$1 million, setting the world record price for its category.

Unveiled just three weeks ago, the Patek Philippe Dome Clocks made for Singapore‘s 50th anniversary, collectively known as SG50, were just sold at a dinner auction overseen by Christie’s on the evening of September 23, 2015. The trio raised a total of S$2.45 million (equivalent to US$1.72 million), with one record price being set with the first clock that went for S$750,00, only to be broken moment later when the last of the clocks sold for S$1 million – to a buyer who immediately donated it to the National Museum of Singapore.

The first clock, Ref. 1677M “The Esplanade – Singapore”, depicting the Singapore skyline on the night of the National Day celebrations, sold for S$750,000. Equivalent to US$527,000, that set the world record price for a Patek Philippe Dome Clock, exceeding the last record of SFr340,000 by a comfortable margin.

The buyer was Anthony Lim, chief executive of Cortina Watch, a major watch retailer based in Singapore. The Esplanade clock will exhibited on a rotating basis at various Patek Philippe boutiques operated by Cortina Watch around South-East Asia.

Estimated at S$300,000, the Esplanade clock was the most complex of the three, with a cloisonné decoration that includes silver foil underneath the fireworks for added sparkle. The money raised will go to the Community Chest, charity that supports social services.

The dinner auction that was attended by 90 of Patek Philippe’s key clients in Singapore

Going for S$700,000, the Ref. 1665M “Peranakan Culture” Dome Clock is decorated with a motif from chinaware popular with the Peranakans, descendants of the first Chinese settlers in British Malaya. The sale price will be donated to the Peranakan Museum.

The record set by the first clock did not stand long, with the Ref. 1675M “Farquhar Collection” selling soon after for a cool S$1 million, or about US$702,000. That entire sum will go to the National Museum of Singapore. Estimated at just S$270,000, it is covered with motifs taken from William Farquhar Collection of Natural History Drawings, a compendium of watercolours commissioned by the British Resident of Singapore in 1819 reproducing flora and fauna native to Malaya.

The Farquhar clock was purchased by Dr Henry Tay, Executive Chairman of The Hour Glass, the largest watch retailer in South-East Asia. He has generously given the clock to the National Museum of Singapore, the same institution that owns the Farquhar collection of drawings. You can find more photos of these record breaking Dome Clocks right here.

September 24, 2015: Updated with identity of winner of the Esplanade clock.

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The Genesis of a Legend – Hands-On with the Philippe Dufour Simplicity Prototype No. 000

Now a holy grail of independent watchmaking for many, the Philippe Dufour Simplicity is rightly regarded as the wristwatch with the most exquisite movement decoration in modern times. This is a look at the first Simplicity ever made, the prototype numbered "000" that's now always on Dufour's wrist.

Philippe Dufour introduced the Simplicity in the year 2000, but it had been in the works for several years before that. This very watch is the first ever Simplicity, the prototype of a series that would eventually number just over 200 produced. Now worn almost daily for 15 years, Simplicity No. 000 has the charm of a well worn but precious timepiece.

Dufour unveiled the Simplicity at Baselworld 2000, some eight years after his landmark grande and petite sonnerie wristwatch, in a 34mm case. A year after its introduction Dufour created a larger, 37mm Simplicity that was essentially an upsized version, complete with a slightly larger movement.

Inspired by mid-20th century watchmaking of the Dufour’s native Vallee de Joux, the original  34mm Simplicity is a small watch by today’s standards, though the long lugs make it seem a little larger. Nonetheless it is exactly what Dufour wanted it to be, a tribute to the classical watchmaking of Vallee de Joux before the quartz crisis of the 1970s that decimated the Swiss industry.

So what was changed? The prototype is largely similar to the production version of the Simplicity, with a few minor changes. Those include the lettering at the bottom of the dial, which includes the name of the dial maker, Metalem, on the serial production pieces. The prototype merely reads “Swiss”.

Marks that indicate this is probably the most heavily worn Simplicity ever
The Simplicity is so valuable today that few owners would wear theirs as casually as the maker does his

On the reverse, the improvements made to the movement are more subtle. The jewel for the centre wheel that drives the hour hand is distinctly larger in the production model. Dufour explained in a recent conversation that large jewels, bigger than those on the average movement, are a personal favourite because they resemble the jewels on vintage high-end pocket watch movements.

Another readily discernible change is the lettering on the two solid gold plates for the brand and serial number. The prototype has laser engraved text while the production pieces are all hand-engraved.

The even lines and depth of the engraving reveals it is done by machine

Less obvious is the different balance wheel. The prototype has a balance with a smooth rim and adjustable weights, one that looks very much like the Patek Philippe Gyromax balance. Production models uses a screwed balance that looks more like those used in the movements that inspired the Simplicity.

The amazing finishing on the pallet fork bridge below the balance wheel

The other changes from prototype to production reveal the Dufour’s attention to detail, and his commitment to no-effort spared movement decoration. Like on the bridge for the third and fourth wheel (it carries the plate with the serial number): on the production version it has a cutout on its outer edge to reveal a base plate screw, while on the prototype the edge is smooth. The cutout requires extra finishing to polish the bevelled edge and corners of the cutout.

And the last difference is even less conspicuous. The screw for the black polished escape wheel cap (it’s vaguely kidney-shaped, beside the balance wheel) sits in a countersink, basically a hole with sloped, conical edges. The same part on the production model lacks a countersink, which is an aesthetic improvement, since that leaves the black polished surface of the cap unbroken as the screw head is black polished as well.

Despite the subsequent changes, the movement in the prototype is immensely gorgeous. It will one day be a historically important wristwatch.

Now that you have seen the first ever Dufour Simplicity, remember to read our story covering the last four Simplicity wristwatches – four more than the originally promised 200-piece production run – that were delivered in late 2014.

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