Phillips
in Association with Bacs & Russo Opens
PHILLIPS
PERPETUAL
With
Over £3 Million Worth of Exceptional Timepieces
Including
a Roger Smith Edition 2 Number 1,
A
Cartier Crash Radieuse, and an
F. P. Journe Tourbillon 38mm Stainless Steel, One of Only 38 in the World
LONDON
– 3 SEPTEMBER 2019 – Phillips in Association with Bacs & Russo launches Perpetual,
a new destination offering exceptional watches for immediate purchase, based at
Phillips’ European headquarters on Berkeley Square. The doors will open to the
public on 5 September with over £3 million of inventory, cementing Phillips
Perpetual’s ability to source and consign rare and important watches from established
and independent brands including Roger Smith, F. P. Journe, Laurent Ferrier,
and Philippe Dufour. Phillips Perpetual is a first of its kind platform that combines
private selling exhibitions, innovative partnerships, and a boutique experience
in custom-built surroundings.
The inaugural offering at Phillips Perpetual includes
40 timepieces, encompassing both vintage and modern watches. Highlights include
a rare Roger Smith Series 2, “Edition 2, no. 1”, in a 38mm pink gold case. One
of just five “Edition 2” watches ever made – all in the less common 38mm case –
this is one of the earliest known and historically important examples of the
Series 2.
An F.
P. Journe Tourbillon 38mm Stainless Steel from a Coffret Set will be available
for sale, one of only 38 watches produced by F. P. Journe to commemorate the
end of the 38mm production. The watch is fitted with a unique combination
movement with base plate and bridges in rose gold, but the mechanical operation
is identical to the brass movement timepieces. This follows the successful sale
of the Chronomètre Souverain from the same set during Phillips’ Well Suited private selling exhibition
in London in March 2019.
Another highlight includes an unworn Cartier Crash
Radieuse, one of only 50 pieces produced by the manufacturer. The Radieuse
reimagines the classic Cartier Crash by incorporating a radiating shockwave
motif into the dial that continues onto the case.
The
opening of Phillips Perpetual also sees the launch of the Singer Track1 London
Edition. This watch will be sold only at Phillips, the exclusive UK stockist of
Singer Reimagined timepieces. A
collection of chronographs by Singer Reimagined will be on permanent display
within the gallery, following the confirmation of the Track1 as winner of the
Chronograph category at the Grand Prix d’Horlogerie de Genève awards in
November 2018.
Finally,
Phillips is delighted to announce that MB&F have nominated Phillips Perpetual
as their only authorised UK dealer of clocks and pre-owned watches.
James Marks, Phillips’ International Specialist and
Director, Watches, said, “Phillips Perpetual will complement the core business,
educating and enhancing clients who have not traditionally used auction as a
consignment or purchasing tool. We see this as the future for a number of our
global locations, as a way of ensuring that we engage with our ever expanding client
base 365 days of the year. We are thrilled that the collector community has
engaged so positively with the opening of Perpetual, with a number of high
profile consignments. We are also delighted to be partnering with an
award-winning and forward-thinking watch brand such as Singer Reimagined,
following our successful collaboration in 2018, and equally delighted to have
been appointed as the preferred UK dealer for pre-owned MB&F timepieces.”
Marco
Borraccino, Managing Director, Singer Reimagined, said, “Singer has been guided for the last decade
by the philosophy Everything is Important. For us, every detail is worthy of
consideration in pursuit of perfection. Following our successful collaboration
in 2018 we know that the opportunity to partner with Phillips Perpetual to
present our watches is beautifully aligned with that philosophy. We are
delighted to honour that partnership with the launch of our Singer Track1 London
Edition, available only at Phillips Perpetual.”
Images are available for download
here.
###
ABOUT PHILLIPS IN ASSOCIATION WITH BACS & RUSSO
The team of
specialists at Phillips Watches is dedicated to an uncompromised approach to
quality, transparency, and client service, achieving a sale total of $108 million
in 2018 – its third consecutive year as the worldwide market leader
in watch auctions.
A selection of our
recent record-breaking prices:
1
Paul Newman’s Rolex “Paul Newman” Daytona reference
6239 (CHF 17,709,894/US$17,752,500) – New York Auction: Winning Icons – 26
October 2017 – Highest result ever achieved for any wristwatch at auction.
2
Patek Philippe reference 1518 in stainless steel
(CHF 11,020,000 /US$11,112,020) – Geneva Watch Auction: FOUR – 12 November 2016
– Highest result ever achieved for a Patek Philippe wristwatch at auction.
ABOUT PHILLIPS
Phillips
is a leading global platform for buying and selling 20th and 21st century art
and design. With dedicated expertise in the areas of 20th Century and
Contemporary Art, Design, Photographs, Editions, Watches, and Jewelry, Phillips
offers professional services and advice on all aspects of collecting. Auctions
and exhibitions are held at salerooms in New York, London, Geneva, and Hong
Kong, while clients are further served through representative offices based
throughout Europe, the United States and Asia. Phillips also offers an online
auction platform accessible anywhere in the world. In addition to providing selling and buying
opportunities through auction, Phillips brokers private sales and offers
assistance with appraisals, valuations, and other financial services.
ABOUT
SINGER REIMAGINED AND SINGER VEHICLE DESIGN
Singer Reimagined is based in Geneva,
Switzerland and was formed to explore and redefine the most iconic
high-watchmaking complications. Its first collection, the Track 1, representing
a profound re-engineering of the chronograph, was recognised as the winner of
the Chronograph category at the 2018 GPHG awards with the Hong-Kong Edition
wristwatch.
Singer Reimagined is the sister company to
Singer Vehicle Design, based in Los Angeles, California and created a decade
ago to pursue the creative possibilities within the vibrant world of iconic
automobiles. Singer Vehicle Design’s restorations, each to individual
commission, are presented with the world’s finest collectors’ cars at events
including Pebble Beach and Goodwood Festival of Speed.
Both companies fuse iconic design with
cutting-edge material science in pursuit of mechanical art.
PRESS CONTACTS:
LONDON - Katie Carder, Head of Press, Europe kcarder@phillips.com +44 20 7901 7938
PHILLIPS NEW YORK - 450
Park Avenue, New York, NY 10022
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