Historic Sale: F.P. Journe Tourbillon Sets Record at Phillips Auction

In a landmark moment for independent watchmaking, the F.P. Journe Tourbillon Souverain à Remontoir d’Égalité, Reference 15/93, recently sold for a record CHF 7.3 million (USD 8.4 million) at Phillips’ Geneva Watch Auction: XX. This achievement marks the highest auction price ever for a watch by an independent maker, underscoring F.P. Journe’s lasting influence on modern horology.

A Pioneering Design by François-Paul Journe

Crafted in 1993, this Tourbillon Souverain is the second wristwatch created by François-Paul Journe and the first that he ever sold. It features Journe’s unique combination of a tourbillon and remontoire, a mechanism that maintains consistent force to improve timekeeping accuracy—a first for a wristwatch at the time. This particular example, numbered 15/93, embodies Journe’s vision for blending classic design elements with technical sophistication, setting a precedent for his later work.

Technical Innovation: The Tourbillon and Remontoire Combination

The Tourbillon Souverain’s design integrates a remontoire, which regulates the force delivered by the mainspring, thus ensuring stable timekeeping. This mechanism, rarely used in wristwatches, reflects Journe’s homage to horological greats like Breguet, Guinand, and Bürgi. The 38mm platinum case houses a movement crafted from 18k gold, adding an element of rarity that enhances its historical value. The minimalist dial, engraved with “15/93,” features exposed elements that give the piece a distinct, raw aesthetic, reflecting the watchmaker’s early experimentation with design and function.

Historical Significance and Enduring Legacy

More than a collector’s item, this watch holds a unique place in horological history. This piece served as the foundation for Journe’s later “souscription” series launched in 1999, which helped cement his reputation as a pioneer in modern independent watchmaking. Featuring an engraved caseback and preserved original documents—including technical drawings, a metal sheet used for crafting the tourbillon cage, and the original invoice—the Tourbillon 15/93 offers a rare glimpse into the watchmaker’s meticulous process and dedication to craft.

Market Impact and Collectability

The CHF 7.3 million sale of the Tourbillon Souverain not only sets a new benchmark for independent watchmakers but also highlights the growing demand for early, historically significant pieces by F.P. Journe. This auction result reaffirms the enduring appeal of Journe’s early works, particularly those with groundbreaking technical innovations and hand-crafted details. As one of only three wristwatches handmade by Journe himself, this model’s record-setting sale underscores its importance within his oeuvre and the broader watchmaking community.

A Legacy of Craftsmanship

This particular Tourbillon Souverain was carefully maintained by the original owner and recently serviced by François-Paul Journe. Its timeless design, technical prowess, and link to the very roots of independent watchmaking solidify its reputation as a seminal piece in modern horology. This sale highlights both the artistic and technical contributions of F.P. Journe, whose work continues to inspire and influence contemporary watchmakers.

For more information on the recent auction and other notable timepieces, visit Phillips.

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