Vacheron & Constantin Cal.1003 Ultra-Fine 18ct 1968

Vacheron & Constantin

One of the recognised ‘Holy Trinity’ of Swiss watchmaking along with Patek Philippe and Audemars Piguet, Vacheron & Constantin is also the world’s oldest ‘Watch Manufacture’, and as such, it has remained in continuous operation since 1755. More than this, Vacheron & Constantin is the founding father of a spirit of technical excellence taken so far, it is considered an art. This is known as ‘Haute Horlogerie’ in which Vacheron & Constantin has been the for over 260 years. This tradition defines the Manufacture, evident in the finest quality execution, reflected in a finish which goes far beyond the demands of the ‘Poinçon de Genève’.

Created in 1886 the ‘Seal of the State of Geneva’ is the highest accolade, reserved for only the very finest quality watchmaking. Vacheron & Constantin was the first watchmaker to be allowed to use this hallmark of excellence on its movements. This, along with its extraordinarily high standards of quality and manufacture, lead many watchmakers, horologists and watch industry experts to believe Vacheron & Constantin reigns supreme among the finest quality watch manufacturers of the world.

To the collector, Vacheron & Constantin offers a level of exclusivity which even the more famous Patek Philippe cannot. During the 1940s and through to the 1960s, Vacheron & Constantin only ever produced a maximum of 24 examples of each reference in any one configuration. This means that while it produced a variety of dial and case combinations, colours and designs, each one was strictly limited in number. For the collector, the fact that these watches are seriously undervalued doesn’t go unnoticed either.

Why This Watch Is Important

For much of the history of mechanical watchmaking, slimness in watch design was considered not only aesthetically preferable, but also a clear sign of superior talent in watchmaking. Later in the 1950s and through to the 1970s, many watchmakers saw an increase in interest in ‘ultra-slim’ and ‘ultra-thin’ wristwatches. However, due to the many technical challenges in producing such watches, only a very few notable manufacturers achieved significant success in this area. These were Jaeger-LeCoultre, Patek Philippe, Audemars Piguet and Vacheron & Constantin.

In 1952, Vacheron & Constantin released the world’s slimmest wristwatch movement, the Calibre 1001, which was just 2.94mm thin! Then, in 1955, the company did it again, taking this further by releasing the Calibre 1003, which at just 1.64mm thin was by far the thinnest wristwatch movement ever produced. Vacheron & Constantin promoted its watch as the “Flattest Watch In The World”.

The Calibre 1003 was considered so great an achievement by experts, including V&C itself, that in 2015, to celebrate the 60th anniversary of its release, V&C re-released the same model as the Historiques Ultra-Fine 1955, at a price of close to £30,000. This model and movement is still produced to this day and remarkably enough, despite the longevity of the Calibre 1003, its record for thinness still stands today: at 1.64mm as the world’s thinnest traditionally constructed watch movement. Of equal importance, many experts consider this to be the finest hand wound movement ever made.

The watch we see here is the Vacheron & Constantin model number 6872 ‘extra thin’ which comes with its own slimline wallet and V&C Certificate of Authenticity, as shown. This is an understated and yet utterly beautiful piece of history. Haute Horlogerie, a record holder for over 60 years, and undoubtedly one of the ultimate bargains on the market today!

The re-release of this watch with the same Calibre 1003 movement is still produced today as Vacheron Constantin ref 33155 Historiques Ultra-Fine 1955 – of course, with some changes to the aesthetics and movement finish. This watch retails in the UK for close to £30,000.

The Movement

The Calibre 1003 was originally conceived by JLC as the Cal.803 upon request from Audemars Piguet, Vacheron & Constantin. No one else, not even Jaeger-LeCoultre has ever used this movement. Vacheron & Constantin named this its Calibre 1003 and Audemars Piguet its Calibre 2003. First introduced by Vacheron & Constantin in 1955 and still produced to this day, this remains the world’s thinnest traditionally constructed watch movement ever produced to date at 1.64mm high and 20.80mm in diameter. The 1003 is chronometer quality and it has no shock proofing, because it’s so light. It really is one of a hand- ful of horological accomplishments of all time. Most people do not realise that a true ‘ultra-thin’ such as this, is more difficult, expensive and exclusive that most other highly complicated watches. Indeed an ultra-thin movement is considered by watchmakers as a ‘complication’. Vacheron models containing the cal. 1003 today sell for over £20,000, so going vintage offers a real bargain.

This example is in amazing condition having just completed a full overhaul and service by our vintage Vacheron & Constantin specialist watchmaker. It is running perfectly and has been calibrated in 5 positions to run within +6 seconds per day! This is truly outstanding for any mechanical watch and is no idle exaggeration – we have checked and confirmed the test results on our electronic watch timegrapher. This movement also has a power reserve of 30 hours when fully wound which is within expectations for this movement.

With care and regular servicing, we would fully expect this watch to continue to run very happily for many more decades to come. We are therefore totally confident in offering this watch with our 12 months’ written warranty*.

The movement is signed ‘Vacheron & Constantin’, ‘Geneve Swiss’ and ’17 Jewels’ with the Calibre number K1003 and the movement serial number 578435. The movement serial number dates this watch to 1968.

In addition, this movement carries the most highly regarded ‘Geneva Seal’. This is a distinctive hallmark depicting the Geneva coat of arms, granted by an official body at the Ecole d’Horlogerie de Genève and was only ever placed on movements which were able to achieve the most exacting standards and whose quality and finish conform to most precise and demanding specifications.

*Please note – our 12 months’ warranty is only applicable if the list price is paid.

The Dial

The classic Vacheron & Constantin dial design here is totally classic and totally ageless, understated and executed to perfection. Applied batons are interspersed with double batons at ’12’. The pearl white dial provides the perfect contrast between the case, original gold ‘index’ hands and the dial furnishings. The double batons at ’12’ are undersigned ‘Vacheron & Constantin’ and ‘Geneve’. The simplicity, symmetry and pure class here are matchless and for someone with an eye for classic watch design, totally irresistible.

This dial is original, unrestored and untouched. It is also in really excellent condition considering the age of the watch, with even fading, little spotting or crazing and with an even overall patina. Due to its relatively good condition and for reasons of retaining the character and the originality of the watch, we have left it completely alone. If however, you would prefer the dial sympathetically restoring, we will be happy to arrange this for you without any extra charge.

The Watch Case

Vacheron & Constantin has been, from its very early beginnings, the torchbearer of Haute Horlogerie. This is reflected not only in its movements, but also in its watch cases. The Vacheron & Constantin model ref 6872 here measures just 5.5mm in depth including the lens. This is remarkably thin when one considers this includes the case back, case, movement, dial and lens. It is the most commercially successful, high-quality ultra-fine watches ever produced. The three-piece case design is remarkable for its rigidity and its compactness as its lugs hardly extend any further than the 32mm diameter of its case.

Few realise it today, but for the vast majority of the time the concept of a wristwatch has existed, 32mm was considered the perfect size for a gentleman’s dress watch and once the current fad for outsized watches has passed, we feel sure these smaller high-end vintage watches will become widely appreciated once again.

The case, the case-back and bezel are all in superb condition with no marks or scratches visible to the naked eye. The watch has been beautifully well cared for and after a close inspection has simply required a careful clean and a gentle polish to bring it back to its current, almost as new condition.

Inside, the case-back all is as expected, and properly signed, ‘Vacheron & Constantin’ ‘Swiss’ with the classic Maltese Cross twice, along with Swiss Geneva 18ct hallmarks “18K 0.750″. It also carries the Vacheron & Constantin model number 6872 and the case serial number 404874. Importantly, the heavy case-back is of full thickness and has never been engraved.

The unsigned 18ct crown is original as we have yet to find a Vacheron & Constantin model ref 6872, or movement calibre K1003, with a signed crown.

As ever, our standard advice applies: vintage watches should be kept clean and dry at all times.

The Strap & Buckle

A new high quality brown alligator strap has been fitted, along with a solid gold V&C buckle, which we feel suits this watch very well. However, if a different colour or style of strap is preferred, please let us know and we will do our best to oblige free of charge. We carry tan, conker, dark brown and black in stock in plain padded leather, crocodile skin or lizard skin. We can also obtain most types and colours from our partners at ‘Watch Obsession’ within 48hrs. Please take a look at their huge range of 18mm straps if you wish here.

Box and Papers

Although there are no original papers with this watch, the reference numbers, markings, signatures and hallmarks are all correct, dating this watch to 1968. A detailed particulars document will be included with this watch, along with our fully detailed purchase receipt and 12 months’ warranty*. A separate insurance valuation for the replacement value of this watch will also be provided along with our unique ‘Lifetime Authenticity Guarantee’ which states: “If this watch proves to be anything less than totally authentic, or not as described, Vintage Gold Watches of London will offer you a full refund at any time”.

As with all our watches, this watch will be sold under our 14 days no quibble sale or return policy.

The watch comes complete with a Vacheron & Constantin presentation case.

In Conclusion

One of the horological accomplishments of all time, this wonderful, iconic and collectable gentleman’s dress watch is also from horology’s oldest and most respected name. This will not only make an excellent dress watch but also provide an excellent investment as well as be something to use, wear, treasure and enjoy!

A word on our prices – We always try our hardest to acquire the very highest quality watches we can find, before then restoring these to the highest possible standards. We then offer these at the fairest prices we can, taking into account our pre and post-sales care and service. This approach means we will never be the cheapest, but nor will we be the most expensive. Indeed there are some well-known stores in West London which are highly successful charging between two to three times the price you see here. We therefore consider our prices to be fair, given the quality of watches we have to offer.

We are happy to accept PayPal as this is the quickest method of payment. However, if you would like to pay by UK cheque or by UK bank transfer we will be pleased to assist you with this and pass on a 3% saving to you. Similarly, if you wish to pay by International SWIFT or Bank Wire Transfer we will provide you with our BIC / Swift number and our IBAN number.

If you have any questions, please call our landline 020 7727 7095 or mobile 07515 949 250 or if calling from overseas our landline number is +44 207 727 7095 or mobile +44 7515 949 250.

Please note, we welcome part exchanges. If you have a watch or small collection for sale, please contact us as we will be happy to discuss.

We will also be happy to Service your watch, Repair your watch or Restore your watch, all at ‘sensible’ prices. Please see here.

Please take a look at our other fine vintage gold watches.