Phillips Corrects Claim About Early Resonance Delivery After FP Journe Statement
Phillips has retracted its earlier claim that the pre‑production Chronomètre à Résonance 022/99 was delivered in 1999, acknowledging that the watch was actually delivered on 8 June 2000 after a clarification from F.P. Journe. The correction, based on a letter from the watchmaker, also notes that the first Chronomètre à Résonance was delivered on 10 March 2000 and that the 022/99 reference, while not the first, remains one of the earliest and lowest commercially available numbers in the series. The revised information may affect the auction outcome, where the piece is estimated to fetch between CHF 500,000 and CHF 1 million. Earlier examples of the Résonance line have commanded high prices, such as a serial 007 model that sold for $13.9 million, underscoring collector interest in early production pieces and the importance of accurate provenance for valuation.
Buying Time Analysis: The correction of Phillips' claim about the delivery date of the F.P. Journe Chronomètre à Résonance highlights the importance of accurate provenance for early luxury watches, influencing collector trust and auction values.