F.P. Journe - The New York Watch Auction: SEVEN New York Saturday, December 10, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: F.P. Journe
    Year: Circa 1999
    Case No: No. 038/99T
    Model Name: Tourbillon Souverain
    Material: Platinum
    Calibre: Manual, cal. 1498, 25 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum F.P. Journe pin buckle
    Dimensions: 38mm Diameter
    Signed: Case, dial, movement, and buckle signed.
    Accessories: Accompanied by F.P. Journe Certificate of Authenticity dated 2001, product literature, fitted presentation box, and outer box.

  • Catalogue Essay

    Journe’s interpretation of Abraham-Louis Breguet’s masterful invention of the tourbillon has catapulted his creations into the most esteemed and venerable collections worldwide. He completed his first tourbillon wristwatch, Tourbillon No. 1, in 1991, to little if any fanfare from the industry. He revisited his tourbillon wristwatch in 1999 to fund the launch of his own eponymous brand, taking again after Breguet by offering a “Souscription” series: the client would pay a portion up front, without seeing the watch, and Journe would complete and deliver the watch at a later date. These wristwatches, of which there are only 20, bore brass movements and hand-finished dials that are rabidly sought after by collectors, and they immediately preceded the Tourbillon Souverain manufactured in series.

    An exceptional specimen even disregarding its mechanical ingenuity, this extremely early and rare example of Journe’s Tourbillon with remontoir d’egalité is numbered 038, dating from 1999. The case back engraving style is typical of Journe's earliest - extremely shallow and also extremely sought-after. This particular example even exhibits what can be considered a rare error. Engraved ‘In . Fecit’ instead of ‘Inv. Fecit’, the missing ‘v’ is a charming, human-error on this very early production model.

    An extremely small minority of these early tourbillons were fitted with pink gold dials, such as the present number 38, and have highly reflective traits. Scholarship indicates that only six hand-made pink gold dials are known, with the dial exhibiting subtle stripes that attest to its hand-finished nature. Finished with a layer of clear lacquer, this allows the printed text to appear as though they were floating over the dial surface – a trait that is prominently featured in this example, where it can almost seem as though one is seeing double. Furthermore, it exhibits the remarkable sheen and luster found in Journe’s’ earliest dials that is today so coveted by collectors. Such early Journe dials often display beautiful variations of patina as in this example which has never been restored or replaced in any way. It is stunning to behold, especially when viewed under different lighting conditions where it takes on colors ranging from a rosé champagne color to a shimmering copper.

    Serviced in 2021, the present early Tourbillon Souverain number 038 with an extraordinary pink gold dial, extremely rare even in the rare pantheon of early Journe tourbillons, was purchased by the current consignor from the original owner in 2004. Having remained in the same collection for almost two decades, it is offered with guarantee and presentation box in exemplary condition.

  • Artist Biography

    F.P. Journe

    Swiss • 1999

    Founded by watchmaker François-Paul Journe in 1999, the F.P. Journe brand is relatively young, but already is as highly regarded by collectors as many distinguished manufacturers with centuries-old heritage. In the minds of the world's savviest collectors, Journe is producing some of the finest wristwatches the market has ever seen. Mastering his craft from restoring historical timepieces, he was the first to create a wristwatch incorporating two escapements that benefit from the phenomenon of resonance — the Chronomètre à Résonance.

    Key models include the Résonance, tourbillon wristwatches incorporating a remontoir and the limited edition Vagabondage series. Especially sought-after are his earliest "souscription" watches, made in 1999.

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PLEASE NOTE, THIS LOT IS A PREMIUM LOT. ONLINE BIDDING WILL BE DISABLED FOR THIS LOT. TO BID ON THE LOT YOU MUST COMPLETE AND SATISFY OUR PREMIUM LOT PRE-REGISTRATION PROCEDURE NO LATER THAN 24 HOURS BEFORE THE START OF THE AUCTION SESSION IN WHICH IT IS OFFERED. PLEASE ALSO NOTE THAT ONLY IN PERSON, WRITTEN ABSENTEE, OR TELEPHONE BIDS WILL BE ACCEPTED FOR THESE LOTS. PLEASE CONTACT THE BIDS DEPARTMENT AT [email protected] FOR DETAILS.

48

A very early, highly important, and extremely rare platinum tourbillon wristwatch with remontoir d’egalité, pink gold dial, and certificate of authenticity, numbered 038

Circa 1999
38mm Diameter
Case, dial, movement, and buckle signed.

Estimate
$300,000 - 600,000 
CHF285,000-571,000
€289,000-579,000
HK$2,350,000-4,690,000
S$411,000-823,000

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

[email protected]

 

The New York Watch Auction: SEVEN

New York Auction 10 - 11 December 2022