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Ben Clymer

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
932 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

In 08, he buys a movement, which is what powers a watch from a company called Aegler, A-E-G-L-E-R, which we'll get back to later.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

They're still around kind of today.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

Buys a movement, puts it in a case made by himself and sends it off to, it's called an observatory, but effectively what it is, it's a testing facility, effectively a nonprofit that says, these watches or time telling devices, clock, marine chronometer, whatever, are accurate within, we'll say X and Y, effectively saying,

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

These are the most precise time-telling devices on Earth, typically done for marine chronometers.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And if you know anything about the history of longitude, like that is effectively how longitude was discovered.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

This is just kind of paramount to basically all exploration of the time period.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

But up until that point, no wristwatches had ever even been submitted to this thing called the QA, which is a British testing facility at that point.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

In 1908, he does that with an eggplant-powered watch.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

It's a 44-day test, and it is given the QA certificate.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And again, nobody had ever done it.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

Some years later, about 10 years later, he submitted 136 movements back to the QA.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And I think 24 of them were cased in 34 millimeter gold cases.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And then another 112 were in what we call boy's size, which is really very small.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

I mean, at this point, it would look like a nickel.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

But these are effectively the Formula One cars of watch movements.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

So there were other watch movements at the time that, to you and me, most people would look exactly the same, but these were high performance calibers.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And they did it with a special escapement.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And escapement is basically how the time counting is regulated.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And these were effectively the Formula One cars of watchmaking.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And they were done in a way that was very, even back then, very Rolex.