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  1. #1

    Default Review: Perman - Grand Complication (2013)

    Bookreview
    The race to own the worlds most complicated pocket watch.

    A Grand Complication
    - The Race to Build the Worlds Most Legendary Watch.by Stacy Perman. Published by Atria Books, New York in February 2013. ISBN number: 978-1-4391-9008-1. 344 pages (plus 8 pages of color plates), 24 x 16 cm, hardbound, dust jacket. Numerous b&w illustrations in the text, glossary, 30 p. of endnotes, 3 p. bibliography and 13 p. index. The book is available from Amazon.com and other sources at about US$ 20. NAWCC members may borrow a copy from the NAWCC library in Columbia Pa.
    .
    Passionate collectors of complicated pocket watches may remember that the most expensive watch ever sold at auction, for US$ 11,002,500.-, was lot No. 7, at Sotheby’s in New York, on 2 December 1999, a one of kind, ultra complicated pocket watch, bearing the number 198 385, completed 1932, made by Patek Philippe, Geneva. That watch features 24 additional ‘complications‘ beyond keeping time. It was made especially for the New York banker Henry Graves Jr., who had specified in great detail what functions the watch should perform and how it should look.
    The book under review opens with describing the scene at Sotheby’s that afternoon - and then takes some 300 pages to examine and describe how a market for a significant number of this kind of technology driven, ultra complicated watches developed in the United States in the first three decades f the 20th century. Its author is a New York based, business journalist, who in 2009 (on occasion of the 10th anniversary of the auction) wrote an article on the subject for Business Week, but discovered that the story was better suited for a book length piece than a few pages in a magazine.

    The ‘Graves Supercomplication’ represents the endpoint of a decades' long, intense competition between two American business tycoons, who both – though of vastly differing style and temperament – are a product of their time, characterized by boundless optimism, belief in technology, and the excesses that resulted in the great depression. Ward Packard from Ohio, the self made founder of the Packard luxury brand of automobiles, and Henry Graves of New York, born into a moneyed banking dynasty, both developed an infatuation with high-grade, complicated timekeeping mechanisms. Both started ordering bespoke, custom built complicated watches made in Switzerland (primarily by Patek Philippe). The author spins a captivating story describing the ‘arms race’ between the two protagonists to not only dream up ever more complex watches, but to actually have these machines produced in steel and gold.

    Perman writes a suspenseful book, but is obviously more at ease in analyzing the social, cultural and financial angles of the story, than delving into the technological/horological nuances of the mechanical wonders that she writes about. The reader interested primarily in the physical objects, their function or how they were designed and made, will be richly rewarded with countless fascinating morsels of horology (and occasionally be annoyed by misquoted or misunderstood details) but t its heart the book is a social commentary and not a book about complicated watches. Readers who are horological collectors however may find Permans’ descriptions of and insights on the contemporary auction market for watches of interest.


    Fortunat F. Mueller-Maerki, Sussex NJ, February 2013
    Last edited by Fortunat Mueller-Maerki; 04-02-2013 at 03:39 AM.

  2. #2

    Default Re: Review: (By: Fortunat Mueller-Maerki)

    Fortunate:
    Do you think there was anything you could call a race?
    From my reading of the book I'm not convinced that they even knew what the other was doing.

  3. #3

    Default Re: Review: (By: Todd W)

    Quote Originally Posted by Todd W View Post
    Fortunate:
    Do you think there was anything you could call a race?
    From my reading of the book I'm not convinced that they even knew what the other was doing.
    You raise an interesting question. You are correct insofar as there was no race in the sense that there would not have been an audience or even a declared "winner". And there is no evidence that I know of that would suggest that either of the two gentlemen was driven by the need to 'defeat' the other.

    However I am fairly certain that both where quite aware what additional 'complications' the other had conceived of, and sucseeded of having gotten built for himself.

    But both were very goal oriented, task focused people, and both wanted the best of the best and the most complicated of the complicated. They were both driven by the quest for the ultimate, and in that sense there certainly was a "competition" - or yo could say a 'race' going on between them.
    Fortunat Mueller-Maerki, -Chair NAWCC Library Com./ Editor & Publisher of BHM
    Mem.NAWCC Mus.Coll.Com. / VP, USA Sect. Antiq.Horolog.Soc.

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