A picture I took of a 1992 Patek Philippe catalogue Let's get the potentially controversial part of this out of the way: Ellipse is a misnomer when it comes to the Patek Philippe references 3788, 3930 and related versions. More specifically, the watch case in these designs is not rendered in the geometrical version of an ellipse that is frequently taught in high school. I'm honestly a little embarrassed to have only recently come to this conclusion, but geometry was never my strong suit. I won't take all the blame. In most discussions of the Ellipse (the watch), inevitably the "golden ratio" comes up. I think I was distracted by that, because the golden ratio is a pretty interesting topic. Nevertheless, I'd like to set the record straight, or at least straighter, with this post.
An ellipse is basically an oblong shape. The Ellipse in Washington, DC, a grass area in President's Park. Compared to a canonical ellipse, the Patek Ellipse has sides that are too straight leading to "corners" that arch too quickly. Real ellipses are also defined by an equation, like:
A graph of this equation is below. The graph of the ellipse equation. As I'll show in just a bit, the case profile of the Ellipse watch is also defined by an equation, but it is meaningfully different from an actual ellipse. The Cartier Bagnoire is much closer to an ellipse than the Patek Ellipse.
I came to this realization after flipping through the pages of a 1992 Patek catalogue I received as a holiday gift. Another picture of a page from the 1992 Patek catalogue. There, I saw a designer's drawing of the Ellipse watch, which I share here. I'd never seen this drawing before. It features a crosshair at the center surrounded by four overlapping circles. I later learned that these four overlapping circles are called a quatrefoil, a shape that is important in a number of religions. Some claim that in Christianity it represents the four gospel authors in the Bible. The design also appears in mosques. Van Cleef and Arpels famously adopted a quatrefoil in their Alhambra bracelet.
I spent a bit of time trying to figure out how a combination of the quatrefoil and the golden ratio could result in the case design we find in the Ellipse. Example of a cloverleaf highway design in Michigan, US. That effort, by and large, went nowhere. I will note that the quatrefoil drawing presented in the 1992 Patek catalogue does lend credence to the claim on John Riordan's Collectibility that one possible designer of the Patek Ellipse was inspired by the interwoven "cloverleaf" offramp pattern frequently featured on American highways.
Interestingly, it is entirely possible that Patek's Ellipse designer was inspired by Hein's fountain, rather than the golden ratio. The timing is consistent. Hein's design was presented to Stockholm planners in 1960. The Patek Ellipse debuted in 1968.
In the image presented here, you can see that the gaph of the above equation matches a photo of the Patek Ellipse almost perfectly. A graph of the equation defining the shape of Patek's Ellipse (L) and the graphed equation overlaying a Patek Ellipse (R).You can also see that the actual equation for the Ellipse watch is meaningfully different from the ellipse equation I presented earlier. Interestingly, we now know exactly where the golden ratio fits into the design of the Patek Ellipse. If you look in the exponent of the equation just above, it rounds to 2.62. This is one plus a rounded value of the golden ration (1.62).
This may not come as a surprise, but I do not read German-language newspapers on a regular basis. Dial of a vintage Omega Constellation, pie pan. I am, however, keenly interested in a scandal involving the Swatch Group and a "Frankenwatch" Speedmaster which was sold at auction a while back for over $3 million. I won't go into all the minute details here, but the punchline is that Swatch Group bought the watch only to discover that some of its own employees may have been part of a conspiracy to assemble a watch which would be quite rare and important if it were authentic. But, apparently, it was not authentic. When the deception was uncovered, various people who were part of the "inside job" lost employment and, reportedly, legal authorities were notified in Switzerland. I originally wrote about this in 2023, you can read my coverage here . There's been excellent reporting on this matter from many sources (see, for example, this story from Bloomberg). ...
Let's get some preliminaries out of the way: I don't particularly admire or respect how Patek CEO Thierry Stern responded to criticism of Cubitus, the brand's newest release. Three pocket watches on display during the 2017 Patek Philippe Grand Exhibition in NYC. Here's what he said : “The haters are mostly people who have never had a Patek and never will, so that doesn’t bother me.” Does this remark seem filled with hubris and disrespect for potential buyers? Yes. Will it matter for Patek financially? I don't think so. Let me explain. In order to understand the financial side of watch brands, we should never forget that retail buyers are not their customers (with some rare exceptions). I know that sounds crazy, but it is 5,000% true. For a brand like Patek, the primary watch market is financially mediated. There is a third party standing between brands in Switzerland and collectors. Namely, Patek sells to authorized dealers, they don't sell to collectors....
The Wethanor building in Le Locle, screenshot credit Canal Alpha. Now and then, an event takes place which reminds us all how important security is to the watch industry. These prompts can take the form of stories about timepieces stolen on the street or during burglaries as well as thefts at watch stores or boutiques. Last week, news broke of a similar crime although this one was more unique than others. At 7:20 in the morning of Friday, February 13, armed thieves broke into a building operated by Werthanor in Le Locle, Switzerland. The window broken during the heist. Screenshot credit Canal Alpha. I wasn't personally familiar with Werthanor (and they don't really have a social media presence), but they manufacture cases and bracelets. As recently as 2023, news reports indicate that the brand Yema sources components from Werthanor. And, Watchpro suggests that Werthanor "works with the world's biggest watch brands." Indeed, according to Audemars Piguet...
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