Luxury watches from well-known manufacturers have been an exciting investment opportunity for several years. According to reports from the Boston Consulting Group, these watches recorded an average annual appreciation of 20% between 2018 and 2023, positioning them significantly ahead of the S&amp;P 500 (8% per year). 
The popular steel models from Rolex are so out of stock that enthusiasts are willing to pay a considerable premium on the secondary market. Especially popular are watches that do not yet show any noticeable signs of wear and are in good condition. In cooperation with our partners, we can guarantee the authenticity and quality of our assets. 
 
Exclusivity 
The watch should have been produced by one of the well-known Swiss watch manufacturers and should also enjoy a certain degree of recognition among buyers. In the best case, we buy a watch that is not directly accessible on the secondary market and can therefore be sold profitably at the end of the investment horizon. 
 
Quality 
When buying watches, we make sure that the watch has never been worn or is in very good condition. Furthermore, we only buy watches for which the original papers and packaging (the so-called box) are included in the purchase price. This is the only way we can guarantee the authenticity of the watch. 
 
Production quantities 
The most exciting watches are those that are only produced in small quantities or for which we assume that production will cease completely within our investment horizon. As soon as this happens, we can offer our investments on the secondary market with a price premium.

Brand

Model

Edition

Condition

Box & Papers

Year of manufacture

Material

Case diameter

Water resistance

Market value (at release)

Splint Invest Platform Fee 
Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
 
Variable costs 
To ensure the highest standards of storage, maintenance and insurance, we undertake to make all arrangements ourselves on your behalf. However, these costs will be shared proportionately between the splint owners. For example, if you own 1% of the watch, you will be charged 1% of the relevant costs. No additional payment is required. The splint price of 50 EUR already takes into account the running costs, which we have to pay in advance. The remainder is included in the profit calculation at the end of the investment horizon. For further details and breakdowns, please see the factsheet. 
 
Exit fee 
We charge a flat fee of 2% on sales. This includes sales on the secondary market. This fee covers our costs of maintaining the secondary market and organising the sale of the assets at the end of the contract on our side. There is no performance fee. We aim to select assets that offer steady and sustainable growth over the long term and avoid any incentive to take on more risk with your money.

⚠️New: We now provide you with the option to repurchase your splints at market value anytime. Please note that an additional processing fee will apply. The processing fee varies based on the volume, investment, and your holding duration. Use the contact form to initiate the process. 
 
Why a F.P. Journe Watch? 
Craftsmanship and Limited Production 
F.P. Journe watches have become highly desirable due to the brand's commitment to craftsmanship, with the company producing 95% of its components in-house. Creating fewer than 1,000 watches annually contributes to the exclusivity and rarity of each timepiece. This limited production, coupled with meticulous hand assembly, distinguishes F.P. Journe in the market. 
 
Historical Significance and Unique Location 
As the last Swiss watchmaker located in central Geneva, F.P. Journe operates from a historic 19th-century former gas-lamp factory. The brand's headquarters, bathed in natural light, serves as an ideal environment for the 120 craftspeople who meticulously craft each watch. The unique location and historical context add to the allure of F.P. Journe timepieces. 
 
Pricing and Secondary Market Value 
While F.P. Journe watches can start at around $15,000, the brand emphasizes the subjective value of its creations. Pierre Halimi, the President of F.P. Journe North America, highlights that the secondary market price reflects the true worth of the watch. The record-breaking secondary market sale of the FFC Blue model for $3.98 million underscores the brand's increasing value and demand. 
 
Innovative Designs and Pioneering Technologies 
F.P. Journe, founded in 1999, has quickly garnered attention for its innovative designs and groundbreaking technologies. François-Paul Journe himself, a respected figure in the industry, has received numerous awards, including the Grand Prix d’Horlogerie de Genève’s top prize, the Aiguille d’Or, three times. This commitment to innovation and recognition contributes to the brand's reputation and desirability. 
 
Founder's Background and Mentorship 
François-Paul Journe's journey from leaving school at 14 to becoming a notable watchmaker adds a compelling narrative to the brand. His mentorship under the legendary British watchmaker George Daniels, known for revolutionizing mechanical watchmaking, further elevates F.P. Journe's standing. The platinum watch gifted to Daniels and later auctioned demonstrates the deep appreciation and connection between mentor and mentee. 
 
Iconic Models and Technological Advancements 
F.P. Journe's introduction of iconic models, such as the Tourbillon Souverain and Chronomètre à Résonance, showcases the brand's commitment to pushing the boundaries of watchmaking. Technological advancements, like the constant-force remontoire and resonance principle, contribute to the precision and uniqueness of each timepiece. Collaborations, such as the Centigraphe Souverain with Jean Todt, highlight the brand's versatility and innovation. 
 
Why an Octa? 
Historical Significance and Collectibility 
The Octa holds paramount importance for both the F.P. Journe brand and watch collectors. Historical Octa models have demonstrated exceptional value, evident in notable auctions where four historical Octas surpassed their estimates. Especially coveted are the original 38mm platinum case Octas with rhodium-treated brass movements, showcasing the model's collectible nature. 
 
Aesthetic Appeal and Innovative Materials 
The shift to a 40mm case size, particularly in the ruthenium Octa series, introduces an aesthetic evolution. Featuring brass movements, gold dials treated with ruthenium, and a limited edition release with various complications, this series adds a fresh and distinctive look to the Octa. François-Paul Journe's deliberate use of ruthenium for its aesthetic charm enhances the visual allure of these timepieces. 
 
Technological Advancements and Movement Modification 
The evolution of the Octa movement is marked by technological advancements and modifications, making it a compelling investment. The introduction of unidirectional winding in 2007 with caliber 1300.3 addressed practical concerns raised by users. This modification, catering to sedentary lifestyles, ensures efficient and rapid tensioning of the mainspring, enhancing the overall user experience. 
 
Unparalleled Performance and Stability 
The Octa's base movement, unchanged for two decades, boasts almost unreal performance according to François-Paul Journe. With just two updates in its 20 years on the market, the Octa movement is celebrated for its versatility, adaptability, and a remarkable five-day chronometric power reserve. This stability and efficiency contribute to the enduring appeal of the Octa collection. 
 
Diverse Complications and Customization 
Investors are drawn to the Octa series for its diverse range of complications, dial finishes, and case materials. Models made between 2004 and 2020 showcase various complications such as power reserve, world timer, moonphase, annual calendar, and perpetual calendar. The availability of different dial finishes and case materials, including platinum, titanium, and 18k 6N gold, allows for customization based on individual preferences.

The price of € 76,450 includes the Splint Invest platform fee and external maintenance costs of € 5,050. € 71,400 can be allocated to the watch. 
Platform Fee Splint Invest: Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, as well as storage and insurance over the whole investment horizon.

Variable Costs

Berner Kantonalbank AG BEKB | BCBE, Bundesplatz 8, 3011 Bern

30115_F.P. Journe_Octa Automatique Lune

Due to the enduring fascination with the revolutionary design and the extremely limited availability, we see significant upward potential in this value. 
 
The prices of Chronomatique models have increased by an annual rate of 16.5% in the last 11 years. F.P. Journe enjoys high global esteem and a large collector community, as emphasized by auction results.

Return

The production quantity of watches from F.P. Journe is limited to a maximum of 1,000 pieces, which significantly falls short of meeting the demand. 
 
As a result, F.P. Journe watches regularly set auction records. The auction hammer fell on over 90% of the watches offered at auctions between 2004 and 2023.

Stability

Release: 5 December 2023 - 6 PM CET 
 
The luxury boutique F.P. Journe has never produced more than 1,000 watches per year since its founding. 
 
Exciting news! Now, zoom in on pictures with our new feature! 👀🔍

F.P. Journe, Octa Automatique Lune, Ref. AL PT 40 A SI

Founded in 1999, F.P. Journe quickly gained attention for its innovative designs and pioneering technologies. 
 
As the last Swiss watchmaker in central Geneva, F.P. Journe operates from a historic 19th-century former gas lamp factory.

Track Record

The world’s leading watch house, WatchBox is home to the greatest collection of luxury watches, all certified authentic and Collector Quality.

WatchBox is not a marketplace, they are the market leader. This means they own every watch they sell, allowing them to set superior standards across the globe. With offices in the United States, Hong Kong, Singapore, and beyond, their selection is ever-changing with thousands of luxury watches available at any given time. 
 
Unrivaled Selection 
WatchBox is not a marketplace; they own every watch that they sell. This allows WatchBox to implement a true global quality standard, and as one of the largest buyers of pre-owned watches worldwide, their selection is ever-changing with thousands of pieces from the best brands available.

WatchBox

Senior Client Advisor 
 
I am Sami Lachhab and I have been a Client Advisor for WatchBox Switzerland since 2018. Prior to Watchbox, I studied Watch Engineering for 3 years at the Engineering school of Neuchâtel. I began on the technical side and finished my Bachelor's degree with a Research and Development Project at Panerai. Prior to that, I worked in the Aeronautic/Medical industry near Zürich in the field of material processing in a technical laboratory of control. After over one year working there, I decided to jump into studies again in a field that fascinates me. I always knew I wanted to be in the sales field but I wanted to get my engineering degree before jumping into the sales world which I did by joining the WatchBox team right after the end of my studies. 
 
The development of such technically advanced instruments has always fascinated me. I then discovered the investment side of that business which is also very interesting, why certain models hold value when others don’t, helps to understand a lot about the industry. This understanding helps me give the right advice to my clients when it comes to making a decision on their next pieces. 
 
FPJ is driven in a very clever way in addition to the fact that quality and aesthetic codes are at their finest. This is a young brand that gets a place at the big player's table, and I respect that a lot. The consistency of their collections is a huge part of their success today. The Journe story is also very inspiring for today’s young talents which I think is very important for the future of the watch industry.

This is a concrete investment opportunity in which we have recalculated the expected performance given by the external expert (WatchBox Switzerland Ltd) and have thus checked whether a positive return can be expected after deducting all costs for storage and insurance. Furthermore, we have verified the existence, proper storage and insurance of the watch.

F.P. Journe, Octa Automatique Lune, Ref. AL PT 40 A SI

Asset's Life Cycle Details

Storage location

Asset ID

Token terms

Expert

Category

Status

Total number of Splints

Date of issuance (launch)

Issue price per Splint

Investment horizon in years

Time period for the divestment

Documents

Aurelio

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