Swiss watch manufacturer, IWC Schaffhausen, is the Official ‘Festival-Time’ Partner of the Tribeca Film Festival in New York. Since 1868 they have been creating masterpieces of haute horlogerie that combine precision engineering with exclusive design.
In honor of the festival, IWC unveiled the Portuguese Automatic Edition which will be auctioned off in support of their nonprofit affiliate, the Tribeca Film Institute (TFI). The auction will take place on April 10 at Antiquorum’s US headquarters Ave Showroom. The unique Portuguese Automatic Tribeca Film Festival 2013 Edition is estimated at up to $25,000 but could fetch much more at the auctioneer’s NYC sale of modern and vintage timepieces.
TFI is a nonprofit arts organization that supports filmmakers with grants, professional development, and resources, while also helping students to discover film and filmmaking. The New York’s Tribeca Film Festival was founded in 2002 by an actor Robert De Niro, a producer Jane Rosenthal and a philanthropist Craig Hatkoff. TFI has become one of the New York’s biggest events which IWC Schaffhausen’s CEO Georges Kern wanted to support.
The Schaffhausen Portuguese Automatic Edition has a 42.3 mm-diameter case in platinum, which is extremely rare for the Portuguese Collection. At its heart is a Caliber 51011 self-winding movement working at a 21,600 A/h / 3 Hz frequency.
Featuring the Pellaton winding system and seven day power reserve originally developed for the Portugese Automatic, this movement also features a date display, making this version more practical for everyday use. On the slate colored dial is a small seconds display at 9 o’clock and a power reserve display at 3 o’clock, both in a bordeaux color, while the hands, numerals, and hour markers are in rose gold. Finally, the 18 carat gold medallion bears the logo of the Tribeca Film Festival, with the words “Unique Piece” in milled lettering. A black alligator leather strap with platinum folding clasp finishes the look.