Passion Investments: Watches: The Knack of Time
	Neither Love Nor Money Jill Newman 08/01/2005
	Many of the early privately commissioned watches that shaped the future of horology are on display at museums or are coveted family heirlooms. Some are in the hands of passionate collectors such as Patek Philippe’s owner, Philippe Stern, who will not part with them for any amount of money. THE ORIGINAL Pasha, made for the pasha of Marrakech. The Patek Philippe Museum in Geneva has two of the most famous of its Henry Graves Jr. watches: a revolutionary three-gong minute repeater pocket watch with a perpetual retrograde calendar, moon phase and power-reserve indicator; and a pocket chronometer with one-minute tourbillon lever escapement. James Packard, who died in 1928, bequeathed his watch collection to the American Watchmakers-Clockmakers Institute in Harrison, Ohio. The 31-piece collection includes 13 Patek Philippe models, many of which were custom-made to Packard’s demanding specifications. The Original Pasha, made for the pasha of Marrakech, is in Cartier’s company museum in Geneva. Back to Main Article: The Knack of Time