As IWC enters its third year as the official “Festival Time” partner of the Tribeca Film Festival, the Swiss luxury watchmaker has, once again, introduced a coveted unique piece available to the highest bidder at an online auction conducted by Christie’s that concludes this Friday.
The Portofino Monopusher Edition “Tribeca Film Festival 2015” edition represents the first complication of its kind from IWC—namely a monopusher mechanical chronograph. Fashioned in 18-carat white gold and a significant 45mm case dial, the complication comes from an IWC-manufactured caliber 59360.
As in past editions created for the festivals, most striking are the chrono and small seconds subdials, whose Bordeaux hue is inspired by the Hollywood red carpet, and whose gorgeous slate colored dial and rhodium-plated hands and indexes reference the concrete streets of Tribeca. What makes the Portofino Monopusher unique is its ingeniously designed single push-button mechanism, integrated into the crown. Pressing the multi- functional pusher twice starts and stops the chronograph. When pushed a third time, all the chronograph hands are reset to zero. In addition, the watch offers a movement that boasts a power reserve of 192 hours—or precisely 8 days. The open exhibition case back bears the logo of the Tribeca Film Festival and the engraved lettering “Unique Piece.”
If the past is any indication, this one-of-one timepiece will sell for a handsome price—with all proceeds benefiting the Tribeca Film Institute—and only appreciate with time. In 2014, a Pilot’s Watch Spitfire Chronograph Edition in rose gold sold for $55,000 while in 2013, $60,000 was had for the Portuguese Automatic Edition in platinum.
For any collector not fortunate enough to take home the aforementioned unique piece, IWC has also launched an equally handsome stainless steel Portofino Hand-Wound Eight Days Edition limited to 100 pieces.
Priced at $11,500, visually, it echoes a similar ethos to the Monopusher with crisp slate dial and Bordeaux-colored small seconds subdial, but features a less complicated its IWC-manufactured caliber 59210 movement The see-through case back also bears the logo of the Tribeca Film Festival, along with the inscription “One Out of 100.”
You can bid on both here.