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An Unexpected Grail Watch Acquisition: A Personal Review
by Kyle Stults on January 05, 2010
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Editor’s Note: The following is a guest post by watch enthusiast Eric James.  Eric is the IWC Moderator for Perpetuelle.com’s World Watch Forum.

I purchased this watch from an authorized dealer (AD) on 21 December 2009 while visiting my Uncle Jim in a different state than in which I live.

The IWC box

What does one think when he purchases his “grail” watch which, at retail, costs as much or more than most mid-sized cars? I thought many things, such as, “Am I crazy?”; “How will I explain this to the wife?”; “Absolutely no watch purchases in 2010 and sell the others that I have.” It made me feel better to have my Uncle there to help me make my decision. He has a saying “The Quality Remains Long After the Price is Forgotten.” I didn’t feel any hesitation when considering if I would buy the watch when the AD made me an offer that was hard to refuse, so I went for it. With all of the indications on the watch, I don’t really need any other except maybe a work-out watch for the gym.

Front better

The IWC reference 5022.13 Portuguese Perpetual Calendar (PPC) is 18 carat rose gold with a brown alligator leather strap and a rose gold deployment clasp. It has indications for the time, day, date, month, power reserve, moon phase, small seconds and the 4-digit year. The watch is self-winding with a 7-day power reserve (168 hours). The front sapphire crystal has anti-reflective coating on both sides and the rotor can be seen through the sapphire crystal case back and is quite large. The watch is water resistant to 3 bar, which means according to IWC’s website, that I can be on the surface of a swimming pool wearing the watch (which I would never do).

The watch has a 42.3mm diameter and 15.6mm height. It is quite tall, similar to the Ingenieur, but not as heavy. It weighs in at 145 grams. Inside is the IWC calibre 51613 with Pellaton automatic winding system, 62 jewels and the movement beats at 21,600 beats per hour.

Seeing the movement through the caseback is quite interesting. With the rotor in a certain position, one can see, among other things, the balance wheel rotating, the balance spring, the bi-directional winding “hooks” and the escape wheel in its perpetual motion.

PPC back 2

The dial is well organized. The sub-dial at the 3 contains the date on the outer ring. Only the odd day numbers are printed whereas the even day numbers are dots. The inner dial contains the 7-day power reserve reading on a double track similar to a railroad. There is a small red warning indicator should the owner allow the power reserve to fall to 1 day or less. Since the small hands for these two indications are the same rose gold, although different lengths, the wearer could mistake the date indicator for the power reserve. A nice, lengthy look at the face will tell the correct date (and it is well worth the extra time).

The sub-dial at 9 contains the day indicator on the outer ring. Each day is indicated by its three letter abbreviation and each is separated by a dot, so there is no mistake when determining the day. The inner ring contains the small seconds function. The seconds hand rotates around a ring with a marker at each second with Arabic numerals at the tens and larger ticks at the fives. I am glad IWC included a seconds hand as I cannot see myself wearing a watch without some type of indicator showing that it is working. Furthermore, I think the small seconds is traditional and a perfect fit for this timepiece.

The sub-dial at the 6 shows the month. Each month is denoted by its 3-letter abbreviation. December is at the top and I am looking forward to seeing this indication change over the course of 2010.

The sub-dial at the 12 shows the moonphase, which according to IWC, will be accurate for 577 years. Outstanding! And, since I started wearing this watch 8 days prior to the start of 2010, I know there will be a rare full moon when 31 Dec 2009 rolls into 1 Jan 2010.

One last indication is the 4-digit year between the 7 and the 8. What is spectacular about this is that it won’t have to be changed until the year 2100. I suppose that some time after the beginning of 2100, the owner of this watch will send it back to IWC to have the 20 in changed to 21. More mysteriously, the box includes the replacement year indicators for the years 2200 through 2400 (a dial containing the numbers 22, 23 and 24). The proud owner will have to send the watch back to IWC to have the dial updated around the year 2200. This portends that the watch will have to go back IWC twice in a 100 year period, approximately. I am amazed that IWC considers it will still exist as a company in the next 4 centuries, but it is a nice touch.

DSC01298

So, back to the watch, the information the wearer needs most often can be read left to right and the information changing less often is read top to bottom.

This is my first (and will probably be my only) perpetual calendar. I find this is the quintessential timepiece. Why? Well, one can only wind the watch in the forward direction to the next day – you can never go back! (winding it backward will damage the movement and necessitate sending it back to the factory.) There are no pushers on the case like other perpetuals to get the indications correct. To set the correct time and other indications, the owner must be careful not to move past the current date, or the watch must be hacked to allow present time to catch up to the watch’s indication.

What makes this watch special, in a way, is that it can only show the current date, day, month, moonphase and year at the current second – just like time itself. Traveling across time zones is a different challenge (something I have considered recently). I used to live in Japan and travelled between Japan on the U.S. often. Now, if flying to Japan (12 or 13 hours ahead of the U.S. east coast and 19 hours ahead of Hawaii), setting the time on this IWC is as easy as moving the hands forward. However, on the return trip, one must be careful not to move the hands back until they reach 2 p.m. or later of the same day. As you can see from the red warning instructions included in the box, one must not move the hands backward earlier than 2 a.m. when the calendar function is completing its cycle. If I experience this problem, I’m sure I will either stop the watch and wait for time to “catch-up” or wait until 3 or 4 p.m. of the current day before moving the hands back to the correct time.

Warning Booklet

PPC start of 2010

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  • http://amateureconblog.blogspot.com/ Speedmaster

    WOWWW!!!

  • alainiala

    phenomenal

  • Eric James

    Thank you both. It is a very nice piece.

  • http://thefilmnest.com The Rake

    As an watch fan will tell you, congratulations! I am happy for you. It is with great pleasure, I can imagine, one has when getting their grail. The issue for most aficionados is knowing exactly what their “one” grail watch is. It tends to change with time and finances, so often. Anyway, good deal on the beautiful piece. I was interested in a similar perpetual calendar from IWC, but is outside of my means at this point. Take care.

    • Eric James

      The Rake, I appreciate your comments. Although it is not clear in the review, I was never planning to buy this watch. But, the circumstances and price were right. You know what some say, “don’t let a good opportunity pass you up”.

  • http://www.monochrome.nl Frank

    Congrats!! This IWC Portuguese perpetuelle was actually my first grail watch, so you bet i just love it. Since i know it’s price i’ve put my thoughts about buying one ‘on ice’.
    Wear it in good health and enjoy that beauty!

    Frank

    • Eric James

      Frank, thanks, I love it also. And let me add — “everything is negotiable.”

  • Ray

    I am a watch lover and affectionate, and I follow stories about classical as well modern watches. I have a collection of 14 watches currently.

    …But I never understand the fascination about a watch that is on one hand so expensive that you have to have a considerable amount of disposable money to even think about it, and on the other hand: has no lume, no chronograph, confusing hands that can block each other out, pretty much useless if you travel, no alarm, not practically water/elements resistant…

    And there is no way (scientifically) that it can be more reliable or outlast a Japanese modern watch.

    So,… help me understand… how INCREDIBLE does the design have to be to out-weight these inferiorities?

    • Eric James

      Ray, while I appreciate your critical comments, there is no way to help you understand the functionality and external and internal beauty of this watch. However, I do challenge your use of the word “inferiorities” as I do not consider the IWC to have any “inferiorities”.

      Put it this way — Why I buy a watch is not why you buy a watch (and this would be true for any high cost item; a car, for example). And there are many watches out there that have less indications, but cost thousands more. The value of anything is, in the end, what the owner deems it to be, not what others think.

      If you have 14 watches, then you’ll know that perpetual calendars are made because people want them. If there wasn’t a market for them, I’m sure IWC, Patek Philippe, Vacheron Constantine, Ulysse Nardin and other manufacturers would not make them. Would your criticism continue if I had purchased a minute repeater or maybe the Jaeger LeCoultre Hybris Mechanica or Frank Muller Aeternitas for $2.5 million? Both of these timepieces meet all of the “inferiority” criteria that you list.
      Perhaps you are not a participant in one of the many watch forums such as Perpetuelle.com, TimeZone or WatchUSeek. I invite you to join one or all of these and ask the same question you asked me. You will receive more input than you ever wanted.

      • Kyle

        @Ray – The watch is a mechanical masterpiece! That’s the beauty of it, you see?

        Of course a Japanese quartz will be more accurate and reliable. You could say the same for almost any quartz watch compared to ANY mechanical watch. This completely misses the point, though.

        I think it is far far less about the “practicalness” of such a watch as it is the emotional and mental connection that it has with its owner. If you have ever purchased a watch that you REALLY REALLY love – your “grail” watch some might call it – you will know this feeling. When such a watch goes on your wrist – you feel almost invincible in your own mind!

        Keep following this blog, and after seeing day after day the “inferior” watches that are written about here – and maybe one day it will hit you – finely crafted mechanical watches offer FAR FAR MORE than any cheap quartz watch ever can.

        • Ray

          Thanks for your replies guys. And please understand that I meant no disrespect and my intentions were not to criticize the love of classic watches. Far from it, I do understand and have “suffered” from many an obsession in my life; the love of watches being one of them. I am merely trying to understand.

          I do believe that the love for anything should still be based on some form of reasonable desirability; at least some shred of logical reason why someone would ever like to wear this watch.

          a) Perhaps standing out in a crowd is the reason. I can show you 20 watches that look “very” similar to this IWC.

          b) Perhaps it’s the practicality that makes the watch so adorable; we’ve already agreed that is not the case. When is the last time anyone asked you what phase the moon is in? And if someone ever does, how much satisfaction would you get from saying: “wait, I can tell you by looking at my watch”. Is that satisfaction worth $25,000? And even if it is for some bizarre reason, the chances are when this happens you won’t be able to read your watch anyways since the watch is pretty much useless in dark places.

          c) Perhaps it’s the durability or the attention to details that has gone into building the watch. As we all know, there are no movements in the world that are more reliable and durable than quartz. Your $130 dollar Seiko quartz or even a TAG quartz chrono for $2500 outlasts any automatic watch that comes out of the mountains of Salzburg and Zurich.

          Again, I am the last person to disrespect someone’s love for something. But sometimes you do have to step back and say “this is ridiculous”; make a sound judgment. $25000 would buy a thousand little girls, like my 2-year old daugther, each a doll house that will keep them happy for a long time. (not to mention it would feed a small village somewhere in a 3rd world country for a full year).

          You’re spending this on a watch that you can’t wear at night, can’t wear on the beach or in the swimming pool, looks similar to many other watches, needs service every once in a while otherwise it will stop working, doesn’t last as long as a watch at 0.0001% of the cost, isn’t nearly as practical as a watch at 0.0001% of the cost, etc. etc.

          I just couldn’t… my conscious would not let me be so out of touch with reality. I let myself indulge, but not lose touch with reality to that extend…

          • http://www.perpetuelle.com Kyle S

            Ray-
            No disrespect taken. You are freely entitled to share your opinion here so long as it is civil (as you have been). We have plenty of vigorous debate here – always interesting to me that they are often the wathces I would never expect to be contentious.

            That said – I can honestly say that the large majority of the watches featured on this blog are ones that are not for those who view such items as a trade off between what they can buy a thousand little girls and the watch.

            PS – how do you know he paid $25k for the watch? That seems high to me in a buyer’s market like this.

          • James

            “c) Perhaps it’s the durability or the attention to details that has gone into building the watch. As we all know, there are no movements in the world that are more reliable and durable than quartz. Your $130 dollar Seiko quartz or even a TAG quartz chrono for $2500 outlasts any automatic watch that comes out of the mountains of Salzburg and Zurich.”

            No one is denying that. I hate quartz watches but will be the first to admit they are more reliable then mechanical watches.

            The thought to consider is, quartz watches are basically made on an assembly line. That is how many of them there are. Mechanical watches, from simply ones without a date to the complicated ones such as an equation of time or perpetual calender and so forth, are assembled by hand and in some cases entirely by hand. This where the price and value originates.

            I promise you, if you showed a person, even a person not into watches the process for making a quartz and making a mechanical wonder and then revealed the price, they would understand the reason for the price. It probably will not change their mind about spending the $$$$+ on it but they will have a better understanding of why they cost what they do.

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  • James

    Eric, sorry I am late for the soiree. I got hung reading my Breguet catalog. lol

    Nevertheless, I am very glad for you!! It is a beautiful watch IMO, and hope to own something like it in time. And excellent review too. :D

    • Eric

      James, I appreciate your comments. I could easily get pass the time with a Breguet catalog also.

  • Russell (GoJu)

    “I am merely trying to understand”….

    There’s much to understand is there not?

    These watches that we are all so passionate about are not (as has already been stated) so much practical devices as works of art and objects of desire. They represent many things to many people such as wealth, power, status, success, avarice, beauty, fascination, imagination, creativity, achievement, excellence, desire, measurement of the passing of one’s life….
    Yes, they are a huge indulgence and can that be justified?

    Some motives might be genuine and sincere and some disingenuous.

    Perhaps this ‘understanding’ is elusive – a bit like enlightenment eh?

    • Eric James

      GoJu,

      thanks for the comment and participating on Perpetuelle.

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