2022/2023 de Boulle Magazine

We are delighted to present to you the 40th Anniversary edition of our beautifully crafted de Boulle Magazine.

CONTENTS

4 FROM THE FAMILY 5 SHOP TALK Worlds Within a World 10 INSIDE LOOK Putting “Grand” in Grand Opening 13

THE VAULT Emerald City 16 MY FAVORITE THINGS Emma’s Picks 19 MY FAVORITE THINGS Karen’s Picks 21 WHAT NIKI KNOWS 22 40 TH ANNIVERSARY JEWELRY COLLECTION 79 COVER GIRLS 84 THE VAULT Are diamonds a portfolio’s best friend? 87 ABOUT TIME The Watch with Less & More 90 R olex B orn to R ace 92 Tudor Black Bay Pro 94 Wealth 101 96 MOTORSPORTS A Story with Some Twists and Turns 99 Gears, Veers and Cheers 102 Life in the Laps of Luxury

de Boulle High Jewelry Collection Swirling Diamond Choker with yellow and white diamonds in 18K gold. Price upon request.

OYSTER PERPETUAL cosmograph daytona 40 mm, 18 ct Everose gold, chocolate dial with black counters, Cerachrom bezel in black ceramic with moulded tachymetric scale, Oysterflex bracelet, calibre 4130.

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FROM THE FAMILY allas, Texas, 1983. A bustling city, full of promise. It was then that Denis Boulle and Karen Boulle launched de Boulle Diamond & Jewelry, in a small salon in University Park’s Snider Plaza shopping center. The English natives introduced the Texas city to many original luxury watch brands, along with fine jewelry collections from Italy. The couple worked hard, and the business thrived. D

SHOP TALK

customers, worldwide. Thanks to them — and to you — we have built a reputation as one of the most preeminent, family-owned fine jewelers in North America. Our vision is as clear today as it was in 1983: providing our customers a premier collection of fine jewelry, luxury time - pieces, impeccable service and a beauti- ful and friendly environment. Then and now, these elements define The de Boulle Experience. The store’s collection of fine diamonds, fine jewelry and fine timepieces is unsurpassed for elegance, quality and long-term value — and we have worked hard to ensure that purchasing fine jewel - ry and luxury timepieces at de Boulle is al- ways informative, fun and rewarding. de Boulle is a family business. With the second generation of Boulles on board — our daughter Emma and son Nick — we are building the de Boulle legacy. When we speak of de Boulle as family, this absolute- ly includes our teams — many of whom have been with de Boulle for more than 20 years. Our strong sense of family is all-en- compassing — even when we select our partners. One example? de Boulle is proud to work with renowned Swiss watchmak- er Patek Philippe. The pairing is perfect, as de Boulle and Patek Philippe are both fami- ly owned companies and de Boulle’s vision aligns perfectly with Patek Philippe’s, in that both represent the epitome of preci- sion, beauty, craftsmanship and luxury. We are thrilled to have supermodel Niki Taylor return as the brand ambassador of de Boulle. Adorned in an array of colored gemstones and diamonds, our brand am- bassador radiates and sparkles. We are delighted to present to you the 40th Anniversary edition of our beautiful- ly crafted de Boulle Magazine. Thank you, ladies and gentlemen, for reading it — and for making this amazing, rewarding, mag- nificent milestone possible. Let’s celebrate!

A new location would eventually come. Off prestigious Preston Road, it, too, was small — so small, that the workshop and offices were relegated to the attic. But, in 2001, after many more years of success, de Boulle Diamond & Jewelry moved to its current location on Preston Road it - self — after much reconstruction, trans- forming a building into the sophisticated, 13,600-square-foot, two-story salon that stands proud today, in the style of an ele- gant French villa. The year 2015 marked the company’s expansion into Houston, in a chic, cus- tom-crafted salon in the posh River Oaks District. With neighbors such as Hermès, Cartier and Dolce & Gabbana, de Boulle has been easily welcomed into the city. And now, today. In 2023, our family will celebrate its 40th anniversary. We have served thousands of

WORLDS WITHIN A WORLD One sumptuous store. Two inner sanctums. Come inside the beautiful boutiques where the world’s finest watchmakers dazzle de Boulle’s clients with their unique interpretations of time .

With much love,

The Boulle Family

“ WE STRIVE TO ELEVATE THE SHOPPING

A marble wall of rich green, a color that has become synonymous with the Rolex brand. The shop-in-shop delivers an au- thentic Rolex experience by providing professional expertise infused with the excellence, precision and attention to detail, for which the brand is globally renowned. It features a Watch Bar, var- ious seating areas where clients can re- lax and a VIP lounge, which showcases the extensive collection of some of the world’s finest timepieces. For the Boul - les, this special place is personal. “We are thrilled to carry such an esteemed and long-admired brand,” says Denis Boulle, owner and CEO of de Boulle Di- amond & Jewelry. “Rolex represents the qualities we strive to embody at de- Boulle: quality, value and reliability.” For son Nicholas, president of de Boulle Houston, there is another layer of mean-

claim among connoisseurs of horol- ogy: the watches of Patek Philippe. Since 1845, the Swiss watchmaker has received more than 100 patents for its inventions — everything from move- ments, cases to hands and dials. This spirit of innovation has been instru- mental for the longevity and reliability of its watches. For Denis Boulle, this is a match made in heaven: “ de Boulle and Patek Philippe are family owned companies — and both represent the epitome of precision, beauty and finely crafted luxury goods.” Inside the bou- tique within de Boulle — an inner world of the boutique’s interior is character- ized by rich warm colors hues, woods, plush upholstery, and Patek Philippe’s distinct style. The showroom hosts a browsing table, a seating area, and an intimate library — clients can marvel at

ouston, Texas — de Boulle Diamond & Jewelry, the family owned business with locations in Houston and Dallas — and that will celebrate its 40th year in 2023 — now has two special shops with- in its sophisticated Houston salon in the River Oaks District. THE ROLEX SHOP-IN-SHOP de Boulle Diamond & Jewelry’s in-store Rolex boutique is so special it has its own private entrance. (In this case, it’s just off the main road of the River Oaks District.) At more than 1,000 square feet, the shop is the ultimate showcase for the Swiss watchmaker’s exceptional timepieces and is designed to honor the Rolex palette, with its imported traver - tine, American walnut, polished brass and wax-finished brushed bronze. One of the shop’s most prominent features?

ing. “Not only is it a privilege to offer these exceptional timepieces to our cli- ents, but it is an honor to carry a brand that is so closely connected to the rac- ing world, which is passion of mine.” In 2017, Nicholas won the Rolex 24 at Daytona. He is the first and only autho - rized Rolex dealer to win the famed en - durance race. As a special homage to it, Rolex and de Boulle Diamond & Jewelry have dedicated an area within the show- room to racing and the Boulle family’s connection to the sport. THE PATEK PHILIPPE SHOP-IN-SHOP It is the ultimate home for masterpiec- es. Within de Boulle Diamond & Jewel- ry’s chic Houston salon sits an exclusive boutique for timepieces that continues to elicit spontaneous, enthusiastic ac-

EXPERIENCE FOR VISITORS TO OUR STORES. WE TRY TO MAKE OUR CLIENTS FEEL AT HOME WHEN SHOPPING WITH US. —Nick Boulle

de Boulle Diamond & Jewelry’s sumptu- ous salon in the River Oaks District en - compasses approximately 3,500 square feet of luxury offerings, including dedicated showrooms for both Rolex and Patek Philippe and a showroom for the de Boulle Collection, the store’s renowned, one-of-a-kind, custom-de- signed and handcrafted fine jewelry. The heart of the store is a shared hospi- tality lounge, which connects the differ - ent spaces and features a double-height stone-clad wall with an emerald-cut il- luminated ceiling, where clients can en- joy a drink and be welcomed in a beau - tiful environment and friendly manner. “From the day we opened in the Riv - er Oaks District, we’ve been accepted by the community and feel incredibly grateful for the trust and patronage of our clients,” says Denis Boulle. Ac- cording to Nicholas Boulle: “We strive to elevate the shopping experience for visitors to our stores. Most importantly, we try to make our clients feel at home when shopping with us.”

one of the largest collections of Patek Phillipe timepieces in North America, each a masterwork combining innova- tion, tradition, aesthetics, emotion and workmanship. (The latter can include hand-enameled dials, hand-applied nu- merals, hand-polished cases and much more.) The special boutique holds deep meaning for Patek Philippe, too. “As two family owned companies with shared values, we are delighted to see de Boulle expand their presence in Hous- ton,” says Lisa Jones, President of Patek Philippe USA. “Houston is a growing and sophisticated watch market. Hav- ing been in partnership with de Boulle for more than 30 years, we are confi - dent in their dedication to further edu- cating their local and loyal clientele on fine Swiss mechanical timepieces, while continuing to provide the best possible Patek Philippe experience.” THE WHOLE WORLD OF de BOULLE

INSIDE LOOK

A At de Boulle, family means everything. And the Boul- les themselves — whether working together in their stores, spending time on the weekends playing with their beloved dogs or out on the racetracks cheering on the racers in the family — are one close-knit crew. The Boulles know what matters most in life: enjoying time with your family, wherever you may be. Family also in- cludes our teams. To celebrate the newly expanded Patek Philippe showroom in its Houston salon, de Boulle hosted an exclusive and extraor- dinary event. And what better way to celebrate than with our extended family at Patek Philippe? President Lisa Jones and

PUTTING “GRAND” IN GRAND OPENING Flowers, a fountain and flowing Champagne: A magical night for de Boulle, Patek Philippe & the lucky guests who saw stars.

her team from New York — including Joe Vigorito, James Cullen, Kimly Nguyen and David Capencer — attended the opulent affair. The de Boulle team had an early start that day — 5:00 a.m., to be exact. Rentals arrived all day. The floral install was absolutely amazing. “We wanted to create an event unlike any that our friends have attended,” says Denis Boulle, owner and CEO of de- Boulle. “And, that’s exactly what we did!” After all the prep and polish, the festivities kicked off with a private cocktail party in the glittering showroom. Guests admired — and shopped — the exquisite watches, while a skilled watchmaker from Patek Philippe’s ultra-elite pro- gram demonstrated watchmaking for both horophiles and novices alike. Even the bubbly was from a family owned company, like

de Boulle: Guests sipped on Billecart-Salmon champagne, both Brut Réserve and Brut Rosé. Ultimately, guests were transported to a secret garden right outside the new store, bursting with vibrant flowers, a per - gola, a fountain and glowing lights hanging from trees. Ten boxwood hedges made the event intimate and private. There was more sipping of Billecart-Salmon, from its pres- tigious tasting experience, which offered delicious vintage bubbles. Guests dined on caviar, miniature duck confit egg rolls, coriander encrusted ahi tuna and more. DJ Hoyett played tunes. At the end of the intimate evening, guests left with a bot- tle of Billecart-Salmon champagne — complete with a hand-painted de Boulle logo — as well as lovely gifts from Patek Philippe. It was a night under the stars with Patek Philippe, de Boulle and more of our extended family, including A Fare Extraor- dinaire and Blooming Gallery, both of Houston and both exemplifying extraordinary work. It was a magical night for all — one that will not be forgotten.

THE VAULT

EMERALD CITY Prized by Cleopatra and loaded with meaning, the elegant, exciting emerald is a stone with a story. Here’s a history lesson — and what to look for if you’re going green.

EMERALD RIVIERE NECKLACE . Set with 63 round faceted prong set emeralds totaling over 98 carats and set in 18K white gold.

I f stones had memoirs, the emerald’s would be a page-turner. The word emerald itself is derived from the Latin esmaralda/esmaraldus, a variant of the Latin smaragdus, which was via the Ancient Greek smáragdos, for “green gem.” Roman historian and naturalist Pliny the Elder described emeralds in his book Natural History, written in 77 A.D. “No color is more delightful in appearance,” he opined. “For although we enjoy looking at plants and leaves, we regard emeralds with all the more pleasure because, compared with them, there is noth- ing that is more intensely green … Nothing greens greener.” That rich green brings to mind the regeneration of spring and has long symbolized love, rebirth and fertility. Emeralds were mined in Egypt as early as 330 B.C., though the oldest emeralds are almost three billion years old. Cleopatra’s passion for emeralds was legendary. The queen even claimed ownership of all the emerald mines in Egypt during her reign. The ancient Egyp- tians used emeralds both in jewelry and in their elaborate burials: Mummies were often buried with emeralds as a symbol of protection and eternal youth.

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EMERALD AND DIAMOND DROP EARRINGS Each earring features a pear shape emerald drop connected to an oval emerald surmount totaling more than 14 carats, by two pear brilliant diamonds and one square emerald cut diamond and pave set diamonds totaling more than 4 carats, set in 18K yellow gold. EMERALD AND DIAMOND RING Features a cushion cut emerald totaling 12 carats, set in 18K white gold accented with diamonds totaling more than 2 carats. EMERALD AND DIAMOND PENDANT The pendant features a square cut emerald totaling more than 6 carats set in quarterfoil with round and baguette diamonds, set in 18K white gold. EMERALD AND DIAMOND BRACELET Features 9 natural emerald-cut emeralds totaling more than 24 carats accented with diamonds, set in platinum.

green among colored stones for thousands of years. Just like other colored gemstones, a well-trained eye is needed to identify the variations that make considerable differenc - es pertaining to value. COLOR The sought-after emerald colors are bluish green to pure green, with vibrant color saturation and a tone that is not very dark. The most-prized emeralds are highly transpar- ent. Color is evenly distributed and lacks color zoning. Em- eralds are a variety of beryl. If their hue is too blue or yel- low, the stone is not emerald, but instead a different variety of beryl. Thus, the value would drop accordingly. Trace elements, chromium, vanadium and iron produce the color in emeralds. The presence — or lack of — these factors and their relative amounts establish the color of the emerald crystal. As with all colored gemstones, origin plays a role in determining value. Mines from Colombia, such as Muzo, Chivor and Coscuez, produce emeralds with intense green color and warmth. Mines from Zambia tend to produce em- eralds with a more bluish-green color and a cooler cast. CLARITY Emeralds generally contain inclusions that are visible to the naked eye. Emeralds without visible inclusions are exceed- ingly rare. An emerald’s inclusions are often referred to as

jardin, French for garden, since the inclusions often resem - ble mossy or gardenlike foliage. Inclusions in emeralds are like fingerprints: They give each stone a unique personal - ity. In colored stones, transparency and clarity are closely linked. This is especially true for emeralds. The trade ac- cepts eye-visible inclusions in higher-quality emeralds — but, when the inclusions have a negative effect on transpar - ency and clarity, they also dramatically reduce value. CUT The value of a gemstone is often associated with its car- at weight, and cutting emeralds requires considerations concerning inclusions, durability and color. Rough from Colombia presents its challenges from its coloring agents. The surface often has a more intense color and cutting may result in a lighter material. CARATS Emeralds are available in a range of sizes, the smallest sizes varying from 1 to 5 millimeters with weights from 0.02 to 0.50 carat. One to five carat stones are popular as center stones. Like with all great stones, the prices of emeralds can increase dramatically as the size increases.

The emeralds the ancients adored were nowhere near as beautiful as those mined today. The modern emeraldboun- ty began almost five centuries ago, when Spanish explorers arrived in the New World. Moctezuma presented Cortés with a staggering emerald crystal, much larger and finer than any ever seen before. The Aztecs and Incas believed emeralds empowered the owner with foresight and they were regarded as amulets of good fortune. The Spaniards spent years searching for the source of the mines of these glowing green gems. In 1537, Gonzalo Jiménez de Quesa - da learned that the source of the emeralds was located at Somondoco, meaning god of the green stones. They found it — finally — in what is present-day Colombia. Colombia remains the world’s largest and most famous emerald source. Colombian stones have the highest repu- tation. However, Brazil, Zambia, Ethiopia and Zimbabwe have emerged as major sources, as well. Smaller, irregular amounts are produced from Madagascar, Nigeria, Afghan - istan, Pakistan, Canada, Russia and others. Emeralds are adored for their rich, distinctly green color of the beryl mineral family. Emeralds have been one of the most desirable and valuable colored stones for more than 5,000 years. An emerald can have a bluish-green to green to a slightly yellowish-green color. Stones with faint satura-

tion that appear lighter are referred to as green beryl.

An emerald is most often cut in a rectangular step-cut, which is now popularly known as the emerald cut. Small- er sizes are also found in rounds, ovals, pear shapes and marquise cuts. You may have to look a while for an unusu - al shape in a larger size. Due to their rich color, emeralds are also spectacular when cut in a smooth-domed cabochon cut. Emeralds, among the rarest of gems, are almost always found with birthmarks, known as inclusions. Some in- clusions are expected and do not detract from the value of the stone as much as with other gemstones. However, you should look to make sure that fissures do not go too deep into the stone, so that it might be weakened enough to break if it were hit accidentally. The fissures that are characteristic of emeralds are traditionally filled with oil or resin to make them less visible. You should assume that your emerald has been improved in this way, unless it has a laboratory certificate indicating otherwise. Such rare stones command a considerable premium. Emeralds have many special qualities, but colored-gem- stone professionals generally agree that emeralds are pri- marily about color. Emeralds have been the standard for

To schedule a viewing of these rarefied stones, contact de Boulle at 214-522-2400 or 713-621-2400.

MY FAVORITE THINGS

EMMA’S PICKS

“I have always loved stars, and this layered effect has me starcrossed!” de Boulle Collection Star Crossed Necklace 2

“Just enough sparkle for everyday wear.” de Boulle Collection Overlapping Ring 1

3 “Perfect to wear alone or in my favorite stack.” de Boulle Collection Signataire Stacking Bangle

“I love the different textures and mixed metals- so it goes perfectly with everything.”

de Boulle Collection Modern Retro Band

de Boulle Cable Bangle 4

“I wear this piece everyday!”

MY FAVORITE THINGS KAREN’S PICKS

Artemis Bracelet 2

“I simply adore the playful assortment of colors and carvings in this unique piece.” de Boulle High Jewelry Collection

“What’s not to love about these sparkling hearts?!?” de Boulle High Jewelry Collection Cupid Earrings

5 “I love all colored diamonds, but this one is perfectly pink.” de Boulle High Jewelry Collection Goddess Ring

“Such a fun shape- that can be dressed up or down.”

de Boulle Collection Great Pyramid Ring

“The mixed shapes of scintillating diamonds is fun and elegant.” de Boulle High Jewelry Collection Icarus Bangle

INSIDE LOOK

Q&A What’s a memorable moment during this one? I would probably have to say shooting in Denis’s silver Porsche, wearing sapphires and diamonds. That’s the beautiful thing about working for this team: It’s a fun environment with good energy. And, who doesn’t like working with stunning jewelry? How about a funny moment from the shoot? We don’t have fun, ever. This is a serious job with serious people. [Laughs.] What is a memorable piece of jewelry from your new de Boulle shoot — and how did you wear it? I really liked [re - fer to photo in e-mail.] On shoots, I have stylists picking out the perfect outfits, but, outside of work, I tend to dress more casually. I love the jewelry in this picture because I tend to like to layer pieces. What is your own take on everyday jewelry? How do you like to wear it? At home, I dress mostly casually, so my everyday jewelry has to be practical. I like layered chains, bracelets, timeless earrings and stackable rings. These are my jewelry staples. How about high jewelry? High jewelry and everyday jew - elry, for me, have always been about fun. I will wear an expensive piece while wearing jeans, or an everyday piece at a [nice] dinner, just because it suits my mood. You’ve shot with photographer Judson Baker before, for de Boulle. What’s it like to work with him? I love working with Judson! We started working together in the ’90s. We both know what we need to do, and we do it. These are the kinds of shoots you look forward to: great technique; everyone relaxed on the set; and we can have fun and be creative. What’s it like working with the Boulle family? What I love about Denis and Karen is that they are all about other peo- ple — especially what their clients want. They are team players and there is a synergy with every one of their em- ployees, as well as with everyone on set. With Emma and Nick, they bring additional creative perspectives to the set. I know that they have unique interests, which helps to bring the final product to life. I always look forward to working with the Boulles. We have been doing this for a while, so that says a lot. Family is important to the Boulles and to you. How are they like your own family? Support for one another is the key. We both have very supportive families and I love that. OK, Niki, do you have any favorite foods when you’re here? Any Tex-Mex and Flower Child! Next year marks your fifth year working with de Boulle. What are your strongest impressions when you think of the whole brand? I love the thought put behind each collection. You know that someone cared a great deal about each and every piece made — and that makes it really special.

WHAT NIKI KNOWS Longtime de Boulle brand ambassador — and one of the world’s most famous supermodels — Niki Taylor tackles some questions about her favorite kind of shoot, her favorite Texas foods and how she wears jewelry when she’s not working. Niki Taylor began modeling at 13 and immediately captured the heart of America — and then the world — with her girl-next-door charm and obvious beauty. Her first cover, at 14, was Seven - teen magazine. Her second? Vogue, at 15. In 2016, she returned to modeling, and her covers now number in the hundreds. Her campaigns have included CoverGirl, Versace, Escada, Jean Paul Gaultier and many more. She has been a television interviewer, launched a fragrance and started a foundation for the advance- ment of women in business. In an era of questionable notoriety, uncertain values and here-today-gone-tomorrow celebrity, Taylor continues to be recognized worldwide for her grace, charm and on-camera charisma, as well as her ongoing efforts for the welfare of others. Here, we go behind the scenes of her latest campaign for de Boulle Diamond & Jewelry.

At our core, Meridian’s primary objective is to create advanced healthcare settings for specialty and emergency care for our pets. We are incredibly proud to partner with Operation Kindness which has created an exceptional environment to shelter homeless companion animals in need of a loving home.

40 TH ANNIVERSARY JEWELRY COLLECTION Anniversaries should always be celebrated. For our 40th we will be popping some corks, so please feel free to join us! But make sure you take a look at this collection. Our 40th Anniversary Jewelry Collection includes new designs, and new editions, as well as a few surprises. It features glittering diamonds and a selection of rare and unusual gemstones, from striking emeralds to a tropical sunset hued sapphires. These gemstones exemplify nature at its finest that can only be found at de Boulle.

Discover these beautiful creations — each meticulously designed to mesmerize and delight. It is the epitome of de Boulles past, present and future.

‘B’ LINK A 40TH ANNIVERSARY SURPRISE FROM KAREN

To mark our momentous anniversary, the “B” Link

Collection will feature gleaming pavé diamonds on the links, loop & toggle — a fitting enhancement to an enchanting 40 years. A bit of the back story: In 2014, we produced our first magazine, focused solely on the de Boulle Collection. Karen Boulle, the col- lection’s designer and curator, describes it best: “It’s an eclectic mix that provides a complete range of fine jewelry, from beau - tiful, everyday, every-event diamond earrings to elegant and stately suites of earrings, necklaces, bracelets and rings that are just perfect for a red-carpet occasion.” Karen Boulle was prominently featured in the 2014 magazine. What we didn’t quite anticipate was the overwhelming re- sponse we received from a now-signature necklace. Inspired by the Boulle lifestyle, the design features interlocking links in the form of a stylized letter B — complete with an updated nautical-rope texture — that slip through a loop and terminate at an oversized toggle clasp. Crafted with exceptional care, the de Boulle “B” Link Collection Necklace now comes in two sizes and is handmade in Italy in 18K white gold, rose gold and, of course, its original yellow gold.

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CIN CIN! MANGIA! Magic Moments

de Boulle High Jewelry Collection On the Rocks Necklace Extraordinary diamond chains totaling more than 60 carats sparkle in 18K white gold. At the heart of the necklace is a 3.40-carat pear-shaped diamond in rock crystal quartz. The necklace can be shortened with its removable bracelets. OPPOSITE PAGE: de Boulle High Jewelry Collection Lavender Field Ring Crafted in 18K white gold, a gorgeous lavender jade totaling more than 24 carats takes center stage. Pear-shaped violet sapphires totaling more than 9 carats surround the jade atop diamonds totaling more than 2 carats. de Boulle High Jewelry Collection Art Deco Revival Bracelet This stunning heirloom of the future features a dramatic row of emerald-cut diamonds accented with an alternating pattern of round brilliant diamonds totaling more than 48 carats.

ABOUT TIME CALATRAVA CLASSICISM

How Patek Philippe’s presti- gious dress watches remain elegantly ageless

By Michael A Fratangelo

Take a look around a crowded room in a casual or formal setting, and chances are high you’ll find more luxury sport watches than dress watches. Have you ever wondered where all the dress watches have gone? To think they were once the dominant expression of the wristwatch for both daily and evening wear. While they’re currently overlooked, I’m in the camp that believes a classic dress watch is a fundamen- tal piece for the modern gentleman – much the same way a pair of black dress shoes, bespoke suit, linen handkerchiefs, etc., are. It can be an object that emotionally connects the wearer to a world of pure craftsmanship, quality, and style. Patek Philippe has excelled in designing exceptional time-on- ly watches with classic forms to meet those casual moments, and for those occasions requiring greater elegance. Let’s take a closer look and get reacquainted with what makes them classically extraordinary. When I joined the manufacturer, they took me to school on the dress watch, and I learned how our prestigious dress watches remain elegantly ageless. They taught me the prin- ciples that exist at their very core. I’ll share a handful of them with you here: • When the numerals of a watch are the only decoration of a dial, it leaves imperfections no place to hide. • Liberating the dial from clutter creates an area in which imperfection finds no shelter. • The importance of perfect proportions to achieve visual balance. • The bezel, and the finishing of the case become more prom - inent attributes with no other distractions stealing their spot - light. • Dimension achieved by hand-applied hour markers, dial hands, and even the framing of a date window

COVER GIRLS 40TH

ANNIVERSARY COLLECTION DEBUT de Boulle has some big, brilliant news: We celebrate our 40th anniversary in 2023.

“For more than twenty years Assouline books have honored the art of luxury bookmaking, curating culture and sophistication through print.”

ne of the many things that distinguishes us is our own line of jewelry — the de Boulle Col- lection, designed and curated by Karen Boul- le — we had a lot of fun unveiling the latest collection. Many of the pieces are one-of-a- kind, with bespoke jewels, and some have been created specifically for our 40th year. At more than 200 pieces in all, none of the col- lection had been seen before. Until last Thursday, that is, when an exclu- sive reveal was held in a photo studio in Dallas. The invitation-only event was for just 9 lucky clients, who were greeted by moth- er-daughter hosts Karen Boulle and Emma Boulle. There were elegant charcuterie boards for snacking and delicious bubbles by Billecart-Salmon for sipping. Because this was the same studio where our returning brand ambassador, supermodel Niki Taylor, was recently photographed for the latest issue of our de Boulle magazine, de- buting December 1, 2022, guests also got a sneak peek at the new images. Gazing at the

stunning images — from still lifes of jewelry to breathtaking shots of Taylor — our guests were in awe. And then the real fun began: The same team that worked with Taylor was again here, this time to make our clients cover girls for the day. Clyde Haygood styled the hair, Heath- er Fitzgerald applied the makeup and our onsite manicurist applied beautiful colors to nails. (Yes, this was the full supermod - el treatment.) Once each guest determined what jewels to wear for her shoot — and what amazing choices! — she took center stage for her own session with fashion pho- tographer Judson Baker, who has shot Tay- lor for our magazine and campaigns. Across the studio, our still-life photographer, Pär Bengtsson, and stylists Doug Voisin and Les- lie Sheffield, made even more beautiful mag - azine shots with a professional hand model. It was a picture-perfect event, indeed.

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For the first time ever, the next few pages showcase our de Boulle cover girls!

Located in the River Oaks District

JEANETTE GRAFF

ELIA GABBANELLI

STEPHANIE HOLLMAN

RACHAEL VOLZ

COURTNEY MICHALEK

MELANIE JABBOUR

KATHLEEN JACOBSON

KELSEY FRATANGELO

ARE DIAMONDS A PORTFOLIO’S BEST FRIEND? THE VAULT Why the wearable, wonderful gems are a rock-solid investment when an economy gets bumpy.

continue to become increasingly more attrac- tive as a dependable investment option. Similar to the resilience of the art market, diamond resale value tends to remain high, resulting in relative stability in the face of financial unrest, technological advancements and other major marketplace changes. Al- though not as liquid an investment as other asset classes, such as stocks, diamonds are long-term investments best considered as a storage of value. Over the last 30 years, dia- monds have consistently appreciated in value at an average yearly rate of 4 percent, with larger, higher-quality and rarer diamonds, especially colored diamonds, continuing to escalate at a much higher pace. (The scarcer the diamond, the greater the enduring val- ue of the investment.) As long-term invest- ments, diamonds not only maintain their val- ue, but also appreciate at a far greater value than most other investments. Unlike investments that require main- tenance — vehicles, art, real estate — a di- amond requires no upkeep whatsoever. As the hardest material on earth, a diamond can withstand a lot of wear and tear, ensuring that your jewelry can always be reset or made into something new, allowing it to be enjoyed and worn in a variety of ways. Additionally, the beauty and value of a diamond transcend time. Perhaps the most significant benefit over other investment types is the emotional and sentimental value a diamond can possess, for example, when passed down as a family heirloom. In many instances, an intriguing provenance can bolster a diamond’s value. The primary allure for a diamond? It is a tangible asset that is accepted as global cur- rency on a worldwide scale, facilitating ease of trade and exchange for goods or services, without loss of principal. As the famous De Beers slogan declared, “A diamond is forever.” And, as Marilyn Monroe cooed, “Diamonds are a girl’s best friend.” These things have taught us that, no matter what, no matter the state of the economy, people will always want — and need — diamonds.

COLLECTION Fifty Fathoms

ueled by current economic uncertainty and geopolitical instability, financial experts are predicting that the global economy is on the precipice of an imminent and likely bleak downturn. So, it is not surprising that many are looking to their investment portfolios for a sense of security and greater financial sta - bility. In today’s volatile economic climate, where younger generations are looking at cryptocurrencies and NFTs as investments, diamonds — one of the world’s most reliable investment opportunities — have been and

de Boulle High Jewelry Collection Red Carpet Earrings Glamorous dangle earrings fabricated in 18K yellow and white gold. One-of-a-kind earrings feature more than 14 carats of yellow diamonds and more than 12 carats of white diamonds.

ABOUT TIME THE WATCH WITH

Look around a crowded room — in a casual or formal setting — and chances are you’ll see more luxury sport watches than dress watches. Where have all the dress watches gone? To think, they were once the dominant expression of the wristwatch for both daily and evening wear. Yes, they are currently overlooked, but I’m in the camp that believes a classic dress watch is a funda- mental piece for the modern gentleman — much the same way that a pair of black dress shoes, a bespoke suit and a linen hand- kerchief are. A dress watch can be an object that emotionally connects the wearer to a world of pure craftsmanship, quality and style. Patek Philippe has excelled in designing exceptional time-only watches with classic forms to meet those casual moments, and for those occasions requiring greater elegance. Let’s take a clos- er look and get reacquainted with what makes them classically extraordinary. When I joined Patek Philippe, they took me to school on the dress watch, and I learned how the prestigious dress watches re- main elegantly ageless. They taught me the principles that exist at their very core. I’ll share a handful of them: • When the numerals of a watch are the only decoration on its dial, imperfections have no place to hide. • Liberating the dial from clutter creates an area in which im - perfection finds no shelter. • Designing perfect proportions achieves visual balance. • The bezel and the finishing of the case become prominent at - tributes, with no other distractions stealing their spotlight. • Dimension is achieved by hand-applied hour markers, dial hands, even the framing of a date window. Patek Philippe’s Calatrava watch family is entirely built upon this ideology. The Stern family, owners of the company since 1932, have struck upon the perfect balance of aesthetics and beauty paired with function and utility. But where did this phi- losophy — which we now know to be timeless — first emerge? LESS & MORE How do Patek Philippe’s most prestigious dress watches remain remarkably ageless? By Michael A. Fratangelo

An example of a Ref. 96 from 1936 measuring 30.5mm.

Ref. 6119 leaves imperfec- tion nowhere to hide. The hand-applied hour markers, the petite seconds display and the minute track great- ly enhance the elegance of this time-only wristwatch. The Calatrava achieves so much with so little. The facets on the hand-applied hour markers and dial hands add dimension, while the Clous de Paris bezel ele- vates this formal timepiece to elegant heights.

Walter Gropius and the Pan Am Building in New York City (now the Met Life Building)

I’d like to share with you how a German design school, called the Bauhaus, and Patek Philippe came together to manifest the Calatrava, the greatest horological classic ever made. It certain- ly helped me appreciate what makes these watches so timeless. I’ll begin with the definition of the Calatrava that I recorded in my early days of training: An emblematic and quintessentially classic Patek Philippe collection since 1932. The lines of this timeless watch, with a round case for men and ladies, are directly inspired by the Bauhaus artistic movement. Featuring a bezel that may be flat, round, gem-set or adorned with a hobnail pattern, the watch itself may be ultra-thin or fitted with a cover protecting the sapphire case back. WHAT IS BAUHAUS? Founded in 1919 by Walter Gropius in Germany and active until 1933, the Bauhaus, which literally means construction house, was a school of architecture and applied arts, renowned for initiating the artistic principles of Form follows function and Less is more. This new radical form of architecture and design was created to rebuild cities decimated by World War I — but it would go on to become one of the most influential architecture styles of the 20th century. In the 1980s, for Patek Philippe president Philippe Stern, it would be the guiding star in creating an iconic time-only wristwatch during a critical mo- ment for mechanical watchmaking. THE ‘CALATRAVA’ OFFICIALLY FORMED In the 1980s, Mr Stern organized all Patek Philippe time-only models embodying the Bauhaus philosophy under the new- ly formed ‘Calatrava’ family, including the earliest time-only wristwatches dating back to 1932. It was during this period when these sober time-only wrist- watches began to transform into magnificent representations of elegance. The Calatrava collection launched this style into a modern age, now offering sparkle through a signature hob - nail patterning and exemplary diamond settings. A dedicated ladies’ line would emerge with shimmering detail and even a moon phase complication. From this moment, the Calatrava

family would stand for timeless elegance. As we unwind this story you will see how Let us unwind this story further. I recall, as a design student at university, how studying the Bauhaus sparked my romance with modernism, one of sever- al design forms that I love. The Bauhaus believed in the lack of ornament, the use of clean lines and smooth facades (think concrete, glass, steel) and focusing on simple geometric forms such as the triangle, square and circle — all to serve up a high level of cool in all its forms. This also extended to typography, which was viewed both as a practical means of communication and as an artistic expression, with visual clarity stressed above all. This focus on simplicity and purity in every discipline not only achieved worldwide embrace but also has made Bauhaus designs impervious to evolving fashion trends. Bauhaus de- sign is ageless. SO HOW DO BAUHAUS PRINCIPLES EXIST WITHIN THE CALATRAVA WATCH? The Calatrava first came to be in 1932 and established itself as the epitome of the classic round wristwatch — its purity quietly pledging itself to the minimalistic Bauhaus teaching that function determines the form of an object. This was inten - tionally done by Philippe Stern. The hands of a watch move in circles; therefore, Calatravas will always be round. (How logi- cal!) A Calatrava’s singular purpose is to measure time — with two or three hands, sometimes with a minute track or hour markers, and always with the PATEK PHILIPPE GENEVE sig - nature, promising precision and dependability. Simply put, a Calatrava achieves so much with so little — and that’s the es - sence of this genre. Remember: Less is more! AN ICONIC CASE BEGINS ITS JOURNEY It goes back to the first Patek Philippe model to receive a ref - erence number: the famous 96. First manufactured in steel in 1932, it still reigns as the manufacturer’s most legendary de- sign, with case proportions remaining as modern today as they did then. Utterly timeless! As dictated by Bauhaus principles, the Ref. 96 was smooth, sleek and stripped of all ornamental decor. It featured a round

case, which reflects the circular form of the movement inside, along with a subtle, elegant bezel. The hours were marked by batons or numerals, with a small sub-dial at six o’clock to indi- cate the seconds. The lugs were integrated into the case instead of being soldered on, which allowed for a more comfortable fit on the wrist — another classic example of form following function. Topping it all off was the minimalistic dial design that focused on communicating only the time as cleanly as possible. All of these elements came together and established the benchmark for what a wristwatch should look like — and it would remain the prevailing form throughout the 20th century and beyond. That’s powerful. Insider FYI: The Ref. 96 was not the first round wristwatch ever produced, and it wasn’t even the first round wristwatch made by Patek Philippe — but it became the blueprint on which they invented the dress watch. This form would be replicated over and over by Patek Philippe and others, looking to copy its timeless style. At the end of 1934, a new consumer pattern formed: Wrist - watches made in Switzerland outnumbered pocket watches by two to one. Patek Philippe seized on this trend with a complete line of both men’s and ladies’ designs. Within this proud lineage, some Calatrava models domi- nated the attention in the classics space, with several variants with bezels adorned in the hobnail pattern, properly known as Clous de Paris. One of the most emblematic models born from the Bauhaus concept would make its debut in 1985: the Cala- trava Ref. 3919. This watch was widely respected and loved by Patek Philippe connoisseurs, and remained in production for more than 20 years, eventually falling out of favor as the 33.5-millimeter case size eventually became too small for con- temporary tastes. So precise were the proportions and overall design that, in 2006, the Ref. 5119 was introduced — a nearly identical image of Ref. 3919 but in a larger case diameter of 36 millimeters and with elongated Roman-numeral hour mark - ers. More recently, Ref. 6119 (the reference number paying trib - ute to the storied 3919 legend and the Ref. 5119 from 2006) distinguishes itself primarily with the slightly larger diam- eter of 39 millimeters while retaining an elegant form and a

manual-wind caliber. Thierry Stern, who can speak at length about the Calatrava and his passion for the purest expression of Patek Philippe creativity, describes the Ref. 6119 as one of the most important launches of 2021. He has been quoted as saying, “When I look at the 3919, I see my grandfather. When I look at the new 6119, I am looking at my sons.” Today, the bloodline lives on in 11 different models, of - fering quite a variety. Because Thierry Stern isn’t afraid to be bold, he continues to shepherd fresh designs while applying select Bauhaus tenets. Just this year, we saw the vintage-in- spired Ref. 5226G join the family, delivering a more casual, utilitarian flavor, with its warm color tones for the dial and the crisp Clous de Paris hobnail pattern adorning its flanks rather than its bezel. More than a century after its founding, the Bauhaus remains arguably the most important design school in the history of the world, influencing architects whose skyscrapers carve skylines across the globe and even inspiring Steve Jobs’ vision for the look and shape of every Apple product. “We’re really shooting for Museum of Modern Art quality,” Jobs once said of his team at Apple. And, sure enough, 10 Apple products now reside in MoMA’s permanent design collection, including the first-gen - eration iPod and the iMac. All of their sleek lines, light col- ors, beveled edges, and geometric forms – an overall look they owe, in part, to the long-lasting influence of the Bauhaus. For Patek Philippe, the early 20th century was a statement of the manufacturer’s super-complicated watchmaking prowess. And later, the Sterns would use the middle of the 20th cen- tury to establish the classic dress watch — achieved through simplicity, purity and beautiful proportions. Throughout that time, until today, the Calatrava has done nothing more than display our most precious asset: time.

ABOUT THE AUTHOR Michael A. Fratangelo spent nearly 10 years at Patek Philippe in its training department, educating and interacting with cli- ents, collectors and sales associates.

OYSTER Perpetual Cosmograph Daytona OYSTER Perpetual Cosmograph Daytona

a n iconic model introduced in 1963, the Cosmograph Daytona was designed to meet the needs of motor racing professionals. Fitted with a tachymetric bezel and a high-performance mechanical move- ment, this now legendary chronograph is the instrument of choice for meas- uring time intervals or determining average speeds. Synonymous with speed On the Cosmograph Daytona, the elapsed hours and minutes are shown on the counters at 9 and 3 o’clock respect- ively, and the elapsed seconds are read using the arrow-tipped centre hand and the 60-second scale around the dial. The Cosmograph Daytona’s bezel, in metal or high-tech ceramic, functions as a tachymeter. Its scale can be used to read an average speed over a given distance, based on elapsed time. This makes it the ideal instrument for measuring speeds up to 400 units per hour, expressed in kilometres, miles, or any other unit of measure. Synonymous with speed On the Cosmograph Daytona, the elapsed hours and minutes are shown on the counters at 9 and 3 o’clock respect- ively, and the elapsed seconds are read using the arrow-tipped centre hand and the 60-second scale around the dial. The Cosmograph Daytona’s bezel, in metal or high-tech ceramic, functions as a tachymeter. Its scale can be used to read an average speed over a given distance, based on elapsed time. This makes it the ideal instrument for measuring speeds up to 400 units per hour, expressed in kilometres, miles, or any other unit of measure. A chronograph made for the race circuit The Cosmograph Daytona is equipped with calibre 4130, a self-winding mechanical chronograph movement entirely developed and manufactured by Rolex, offering a power reserve of approximately 72 hours. This movement incorporates a chronograph function with a reduced number of components, thereby further enhancing its reliabil- ity. The chronograph is engaged by a mechanism with a column wheel and vertical clutch. This enables an instant- aneous and extremely precise start to the timing. The Cosmograph Daytona is equipped with calibre 4130, a self-winding mechanical chronograph movement entirely developed and manufactured by Rolex, offering a power reserve of approximately 72 hours. This movement incorporates a chronograph function with a reduced number of components, thereby further enhancing its reliabil- ity. The chronograph is engaged by a mechanism with a column wheel and vertical clutch. This enables an instant- aneous and extremely precise start to the timing. A chronograph made for the race circuit n iconic model introduced in 1963, the Cosmograph Daytona was designed to meet the needs of motor racing professionals. Fitted with a tachymetric bezel and a high-performance mechanical move- ment, this now legendary chronograph is the instrument of choice for meas- uring time intervals or determining average speeds.

BORN TO RACE

The Cosmograph Daytona pays tribute to Daytona Beach, Florida, where passion for speed and racing flourished in the early 20th century. The Cosmograph Daytona pays tribute to Daytona Beach, Florida, where passion for speed and racing flourished in the early 20th century. OYSTER PERPETUAL cosmograph daytona 40 mm, 18 ct Everose gold, chocolate dial with black counters, Cerachrom bezel in black ceramic with moulded tachymetric scale, Oysterflex bracelet, calibre 4130. OYSTER PERPETUAL cosmograph daytona 40 mm, 18 ct Everose gold, chocolate dial with black counters, Cerachrom bezel in black ceramic with moulded tachymetric scale, Oysterflex bracelet, calibre 4130.

The Oyster Perpetual Cosmograph Daytona is an icon forever joined in name and function to the world of motor sport. Six decades after its creation it remains in a class of its own among sport chronographs. The Oyster Perpetual Cosmograph Daytona is an icon forever joined in name and function to the world of motor sport. Six decades after its creation it remains in a class of its own among sport chronographs.

to beat speed records. No fewer than 80 official records were set there, 14 of which were for the fastest speed in the world. The Daytona International Speedway ® opened in 1959, and Rolex has been the Official Timepiece of the circuit ever since. A few years later, to emphasize the brand’s connection to the American racetrack, Rolex gave its new model the name Cosmograph Daytona. Over the decades, the brand’s presence in high-octane racing has grown steadily, its support extending to the leading drivers and events worldwide. For much of this historic journey, the Cosmograph Daytona has embodied the privileged bonds between Rolex and motor sport. Over the decades, the brand’s presence in high-octane racing has grown steadily, its support extending to the leading drivers and events worldwide. For much of this historic journey, the Cosmograph Daytona has embodied the privileged bonds between Rolex and motor sport. The Daytona International Speedway ® opened in 1959, and Rolex has been the Official Timepiece of the circuit ever since. A few years later, to emphasize the brand’s connection to the American racetrack, Rolex gave its new model the name Cosmograph Daytona. to beat speed records. No fewer than 80 official records were set there, 14 of which were for the fastest speed in the world.

Superlative chronometer certification Like all Rolex watches, the Cosmograph Daytona is covered by the Superlative Chronometer certification. This desig- nation testifies that every watch leaving the brand’s workshops has successfully undergone a series of tests conducted by Rolex in its own laboratories, according to its own criteria. The Superlative Chronometer status is symbolized by the green seal that comes with every Rolex watch and is coupled with an international five-year guarantee. Like all Rolex watches, the Cosmograph Daytona is covered by the Superlative Chronometer certification. This desig- nation testifies that every watch leaving the brand’s workshops has successfully undergone a series of tests conducted by Rolex in its own laboratories, according to its own criteria. The Superlative Chronometer status is symbolized by the green seal that comes with every Rolex watch and is coupled with an international five-year guarantee. The place, the legend The Cosmograph Daytona is inextricably linked to the world of motor racing. The watch pays tribute to a place – Daytona Beach, Florida – where passion for speed and racing flourished in the early 20th century. From 1903 to 1935, the hard-packed sand beach in Daytona became famous as the perfect place The place, the legend The Cosmograph Daytona is inextricably linked to the world of motor racing. The watch pays tribute to a place – Daytona Beach, Florida – where passion for speed and racing flourished in the early 20th century. From 1903 to 1935, the hard-packed sand beach in Daytona became famous as the perfect place Superlative chronometer certification

A WATCH FOR HIGH-OCTANE RACING The Cosmograph Daytona embodies the privileged bonds between Rolex and motor sport, which developed through the brand’s association with speed records that were set on the hard sands of Daytona Beach, Florida. The Daytona International Speedway ® opened in 1959, and Rolex has been the Official Timepiece ever since. A WATCH FOR HIGH-OCTANE RACING The Cosmograph Daytona embodies the privileged bonds between Rolex and motor sport, which developed through the brand’s association with speed records that were set on the hard sands of Daytona Beach, Florida. The Daytona International Speedway ® opened in 1959, and Rolex has been the Official Timepiece ever since.

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