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by Simon Barnes

Classic wristwatch is perfect every time

As much as technology innovators like Apple introduce smart watches changing our perception of traditional timepieces, the classic wristwatch continues to captivate discerning consumers of luxury. 

wristwatch 1

Timepieces have been a part of everyday life for some 500 years.  Today, leading brands which are long established and obsessed with creating the finest quality, synonymous with unrivalled workmanship, like Rolex, Cartier, Patek Philippe, Harry Winston, and A Lange & Söhne, are always desirable.  Their names comes with a heritage associated with a culturally rich provenance indicative of good taste, affluence and success.

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After Daniel Craig appeared in the James Bond movie, “Skyfall” wearing an Omega Seamaster wristwatch, interest in the collection spiked by 45 per cent as reported by Digital Luxury Group in their WorldWatchReport. Aspiring to the glamorous lifestyle, male consumers rushed to invest in the beautifully crafted 007 watch.

A record price of $7.3m was achieved in November 2015 for a Patek Philippe stainless steel wrist watch. Known as watch 5016AA the timepiece sold at the Phillips auction house in Geneva for more than 10 times its estimated price and received a standing ovation when the sale went under the hammer.

The wristwatch as status symbol

As status symbols, these watches are the best in class and owned by some of the wealthiest people in the world setting them apart from the other billionaires out there.  There are three key factors that determine the value of these exceptional watches:

1.  Expensive parts such as rare diamonds, gold, platinum, meteor rock, dinosaur bone etc.

2.  The amount of time it took to make and the level of detail and functionality the watch possesses.

3.  How unique, special and intangible value the piece boasts.

wristwatch 3

In 2016, the most expensive watch is not a wristwatch but an 18th Century ‘case watch’ , known as ‘BREGUET GRANDE COMPLICATION MARIE-ANTOINETTE’ – Price $30.000.000’. 

The timepiece was started in 1782 by Abraham-Louis Breguet, reputed to have been commissioned by the lover of Marie Antoinette.  At the time, it was an incredible feat of design and technology.  Taking 48 years to complete, the maker’s son finally finished his father’s work in 1827, following the death of Breguet four years earlier.

Filed Under: Luxury, Simon Barnes’ Property Scrapbook, Technology Tagged With: A Lange & Söhne, Abraham-Louis Breguet, Breguet, BREGUET GRANDE COMPLICATION MARIE-ANTOINETTE, Cartier, Harry Winston, Omega Seamaster, Patek Philippe, Rolex, wristwatch

by Simon Barnes

Inside the world of bespoke mobile phones

Like everything else in the world of luxury, mobile phones have come a long way and as the super-rich seek to accessorise and put their high end stamp on anything from a private jet to their Hermes Birkin, the technology industry has spotted an opportunity to embellish its own products.  Mobile phones are a booming market and even at the ultra top end, there are UHNWI willing to pay millions of pounds for a jewel encrusted trophy handset.

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Continental Mobiles in York Street, Mayfair is a high end online boutique, which launched a decade ago and sells premier luxury mobile phones.  These are no ordinary mobile phones and reflect the increasing demand for pure luxury goods and accessories expected from the super wealthy.

Rather like Savile Row bespoke tailoring, the engineering involved in these phones is undertaken by expert English craftsmen using precious metals and gemstones, from platinum and rose gold to mobiles and headphones encrusted with diamonds and other precious stones. Glamorous exciting designs that bring together classic and contemporary styles.

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This company is one of several operating in this niche market place and have been consistently praised for creating “World’s First” custom pieces in bespoke communication.  They are appointed by the Royal Family in Saudi Arabia and accommodated the corporate requirements with major Middle Eastern provider, Batelco.

Continental display their unmistakable creativity with the iPhone 6s in a Classic Gold blanket that is timeless. A fine display of Vs1 white diamonds sparkle against the curves of the iPhone’s form, creating a hop-scotch thread around the chassis amounting to some 5.7 carats.

mobile phones 3 


In 2016, some of the most expensive mobile phones in the world include

1: Falcon SuperNova Pink Diamond iPhone 6 ($95.5 Million)
Falcon Super Nova Pink Diamond iPhone 6 is the latest model which features one huge eye catching 18 carat diamond.

2: iPhone 5 Black Diamond ($15.3 Million)

The black diamonds used in this mobile phone are some of the most costly gemstones in the world, in other luxury iPhones, gold and white diamonds are featured.

3: iPhone 3G King’s Button ($ 1.5 million)
iPhone 3G King’s Button is made of 18 carat yellow gold and features a ‘home’ button flashing a high quality 6.6 carat diamond making it a thing of beauty and considered as one of the most luxurious phones on the market.

4: GoldVish Le Million ($ 1.3 million)
The Swiss model – GoldVish Le Million mobile phone is manufactured by the renowned designer Emmanuel Gueit. The device is made of pure 18 carat white gold and includes a VVS1 graded diamond of 120 carats. In 2006 a Russian businessman bought this mobile for €1 million and entered the Guiness Book of Records for purchasing the world’s most expensive mobile phone as that time.

5: Diamond Crypto Smartphone ($ 1.3 million)
It is the power encryption technology used in this device which makes this mobile so special and valuable.  The sophisticated technology enables it to be mostly used for the protection of information.  It is made of solid platinum with an 18 carat gold navigation key in which 28 cut diamonds are used on the sides and the mobile is also decorated with 25.5 princess diamonds.

Filed Under: Luxury, Simon Barnes’ Property Scrapbook, Technology Tagged With: Batelco, bespoke phones, Continental Mobiles, diamond phones, mobile phones

by Simon Barnes

More talking, less technology, no rubbish

Simon Barnes says more talking and less technology is the art to finding the right property in prime central London:

I receive between 20 to 60 emails a day from various estate agents with whom I’m registered, but the majority of these are totally irrelevant and simply do not meet the criteria I gave at the point of registering with agents.  As an agent, it’s easy for me to sift through what is good and what is no. However for the average “domestic” buyer, the level of junk/irrelevant emails from agents can be overwhelming.

The volume of email rubbish means it’s simply easier to skip them without bothering to read any. For me this means that if there are one or two hidden possibilities I may never actually uncover them.

It seems to me that increasingly estate agents are working to a numbers game theory; working to the law of averages, the more emails you blast out the better chance you may might stumble upon one or two suitable matches.  The worrying fact is that in what is a primarily people driven business, fewer and fewer agents are taking time to engage with their applicants and clients by picking up the phone or meeting them face to face.

No gizmos, no gadgets, no apps

When I started out in my property career there were no gizmos, no gadgets, and certainly no property apps. Back then it was all about paying attention and listening to experts talk about streets and properties across Mayfair, and this really stood me in good stead and has stayed with me throughout the years.

Business then was done by meeting and talking, it was the way you gauged a reaction, picked up on a phrase, caught a glint in a buyer’s eye that made the difference, made your search sharper and your success rate soar.  I’m sad that asking and listening are two skills that appear to be a dying art across estate agents in London, and I suspect beyond.  It shouldn’t matter whether you’re operating at the lower end of the market or the luxury end, for the majority of people their property is the biggest financial commitment they will make, and it seems flippant to believe that a less then personal approach is adequate.

Personal contact and local knowledge

The property I deal with is largely ‘off the radar’; in fact sometimes it is never actually on the market. This is where that good old fashioned ‘ear to the ground’, tap of the nose stuff really kicks in. The knowledge I have squirrelled away about the very specific aspects of individual streets and the information gleaned from asking people the right questions, means I can accrue details about who genuinely lives where, who owns what and will be able to describe the inside of a property from the outside before having crossed the threshold. The market is competitive, there are all too few decent houses in the right streets, so taking the time to find out the story behind the deal is more essential than ever. It’s these private conversations that are empowering, far more so than clicking on a website.

Being able to speak with first-hand experience and offer a fistful of examples will instil confidence in the client and is incredibly useful in buying or selling at the best price and at the right time. It’s all in the detail, and I believe that, despite the technology and its accompanying torrent of rubbish, local knowledge in London is key and the more you have the more your clients will trust you when it comes to advising them to do the deal.

 

 

Filed Under: Opinion, Technology Tagged With: email, technology

by Simon Barnes

Steve Jobs and One Hyde Park

A couple of weeks ago a journalist asked me who I would chose to be stuck in a lift with in One Hyde Park . I’m afraid I did not answer their question. Later that day my taxi passed One Hyde Park and the question came into my mind again; in fact, for the rest of the day I could not stop thinking about it.

I most admire people who have worked hard, made their mistakes, have been driven by ambition and have become successful in their business life though their own personality and effort. I have also been particularly interested in people who see that products can, perhaps should, be beautiful as well as fit for purpose.

Last year I saw the movie ‘Jobs’, about Steve Jobs, the co-founder of Apple (for more experienced readers, that is the computer and phone company, not the Beatles’ record label). I have to say it was a good movie rather than a great one, which is a shame because Jobs’ story is truly extraordinary – “from college dropout into one of the most revered creative entrepreneurs of the 20th century” as the movie website IMDb describes him.

Jobs started Apple Computers in the seventies with his friend and technical genius Steve Wozniak, working from Jobs’ garage in California. Over the course of 10 years Jobs built Apple into a successful computer company which had claim to producing the first widely available personal computer to use a graphics interface (as we now see on all computers) and to be controlled by a mouse. Initially called the Apple McIntosh, we now know it, in its various forms, simply as Mac.

When  Jobs was unceremoniously ousted from Apple in 1985, Apple carried on but without the impetus and direction which Jobs had given it. Jobs himself got involved in several new projects, some of which failed. However, during his time away from Apple he co-founded Pixar which went on to be an amazingly successful movie company (Toy Story, Monsters Inc, Cars, etc) and was eventually taken over by Disney in 2006.

Apple brought Jobs back as CEO in the late nineties and he led the company from relative obscurity to become one of the most profitable in the world, introducing a range of products with which we are all familiar – the iPod, iPhone and iPad. Like many people I have, in a very few years, moved from not seeing the need for a smart phone let alone a mobile electronic ‘tablet’, to using my phone and iPad constantly; for me, like many, they are now essential business tools.

When I went to see the movie, I did not know the Jobs’ back story but I did know that he and his friend and Apple designer Jonathan Ive have developed and sold some of the most beautifully functional products in the last decade.

Attempts to successfully combine beauty and functionality is something I come across daily in the prime property market. I see many properties with stunning design and beautiful fittings, but where functionality is compromised.  I also come across many properties which seem to perfectly fit the needs of prospective buyers but which fail to excite or just don’t ‘feel right’.

Finding the combination of the aesthetically pleasing and the fit for purpose is rare, and most people recognise it when they find it. It just feels right.

 

It’s now over four years since Steve Jobs passed away. Like many people I would have loved to have met him, whether in a lift in One Hyde Park or elsewhere. However, I know that, despite not answering the journalist’s question, I will think of Steve Jobs and the questions I would have liked to ask him whenever I am visiting or passing One Hyde Park .

And last year Apple became the most profitable company in history; it’s a truly extraordinary story.

Filed Under: Opinion, Technology Tagged With: One Hyde Park, Steve Jobs

by Simon Barnes

A Screening Room – Entertaining the Dream?

A few prime properties have a proper screening room – by which I mean a cinema-style room with ten or more luxury chairs where movies are projected onto a screen. I saw one a few months ago in a very large country house just outside London where the children (and adults) had access to this full movie experience which included a popcorn machine and an authentic vintage Wurlitzer jukebox. I was surprised that there was not a lady selling ice cream or an organist playing incidental music to the family and their friends before the main feature began.

While most prime properties do not now have a dedicated screening room (in the old sense) most do now either contain a room dedicated to TV, movies and other entertainment; most with large-screen TVs similar to a dedicated movie screening room. The way in which property is used and rooms allocated has changed significantly over the last 20 years. Where once a television used to be the focal point of a reception room, many luxury flats and houses in prime property areas now use the reception room space as a quieter area: a place to read, talk and to entertain friends and entertainment is hived off from this space.

ScreeningRoom01

With a changing lifestyle and the greater interaction between families, the kitchen has now become the focal point of many luxury houses. Where there are children, there is now a requirement for an area near to the kitchen where parents can be near enough to supervise, that provides the children with somewhere they can watch television or use a computer to play games, or provides a place for them to do their homework.  This importance of the kitchen as the hub of the home has created a trend for dedicated entertainment rooms, including screening rooms to be housed in location such as basements, converted bedrooms and other areas away from the kitchen and main reception room.

Once having a dedicated screening room was on many buyers’ wish list, but I would say it is not as important as it was; having a suitable space in a good location that allows the owners to create or modify for their own entertainment hub is much more important.

Simon Barnes

Click on any photograph to view gallery

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Filed Under: Luxury, Opinion, Technology Tagged With: screening room, screening rooms

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