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Carrera Reference 1158 (18 Karat Gold) -- Main Page

There were six versions of the 18 Karat Gold Automatic Carrera (Reference 1158), as follows:

  • Two versions of the 1158 S (silver dial):
    1. the first version (from circa 1970) had first execution dial (black inserts at center of gold applied markers) and first exection hands (polished gold hands with black inserts); we believe that this version was either a prototype or had extremely low production.
    2. the second version (from circa 1972) had second execution dial (gold applied markers, with gold at center and black edges) and second exection hands (brushed gold with black edges and points)
  • Two versions of the 1158 CH (champagne dial and registers):
    1. the first version (from circa 1970) had second execution dial and first execution hands; note that we have never seen this execution "in the metal", so it may be a prototype, it may be very low production, or it may be one that appeared in the catalog, but was never produced at all.
    2. the second version (from circa 1974) had second execution dial and second execution hands
  • Two versions of the 1158 CHN (champagne dial / black registers):
    1. the first version (from circa 1972) had second execution dial and second execution hands, with black date disc (and white numerals)
    2. the second version (from circa 1977) had second execution dial and second execution hands, with white date disc (and black numerals)

The following section presents the six versions of the 1158 Carrera chronograph in the order in which they were produced. Below these six photos, you will see some Additional Notes regarding these Carreras.


b.Ref 1158 S First


d.Ref 1158 CH First


f.Ref 1158 CH Second


h.Ref 1158 CHN First


j.Ref 1158 S Second


l.Ref 1158 CHN Second

Body

Defining Elements of the Carrera 1158 -- Dial and Hands. The photo below shows some of the defining elements of the 1158 Carreras.

  • This Carrera is a perfect example of something that we see in so many of the Heuers -- the hands match the markers, at least in a general sense. In this photo, we see the black edges of the hands matching up with the black edges of the markers. It's the same concept in some of the steel automatic Carreras from the 1970's . . . when the got fatter, then the hands got fatter. 
  • These hands are difficult to photograph, but this photo shows the construction of the 1158 hands in good detail: brushed gold, with narrow luminous inserts, and black edges and black triangular tips. 
  • These hands were used on all the production models of the 1158, once we get past the earliest models (from around 1970); the earlier models had polished gold hands, but these executions were either prototypes or very low production. 
  • Notice the black inlay on the marker at twelve o'clock; these are the kinds of details that make these 1158s so special. 
  • Another favorite element is the texture / grain on the dial. As we saw on the "transitional" Monacos, this style of paint is very elegant / sophisticated.

The Bracelets. The bracelets for the 1158 Carreras are unique pieces within the line of Heuers, for several reasons. Current collectors might expect to find a 1158 Carrera offered form sale two or tree times per year; finding a bracelet is far more difficult.

  • [physical description to be added]. 

     

  • California Cool. Jack Heuer reports that the company did not consider the 18 karat gold bracelets to be consistent with the sports / racing theme, but they thought of these massive gold bracelets as being more "California" / flashy style. [Remember that many people call chronographs "tool watches"; we do not see many 18 karat gold tools, do we?] Accordingly, when the US manager (in Springfield. New Jersey) requested that these gold bracelets be offered by Heuer, the company (in Switzerland) did not pursue the design and production of these bracelets, but this project was undertaken by the US manager, with the company's approval. Mr. Heuer indiactes that any of the gold bracelets offered throughout the world probably came through the US office. It is interesting that, though these bracelets were not "officially" included in the company's line of products, Heuer still showed the 1158s on the bracelets in most of its catalogs.
  • Gold Content of the Carrera 1158 and its Bracelet: The following table provides information relating to the weight of the Carrera 1158 and its 18 karat gold bracelet:

    total weight of watch and bracelet

    143 grams

    weight of watch (head only)

    69 grams

    weight of movement

    21 grams

    weigth of watch case (without movement)

    48 grams

    weight of bracelet (both sections)

    73 grams

    bottom section of bracelet (with clasp)

    40 grams

    top section of bracelet

    33 grams

    total weight of gold in watch and bracelet

    121 grams

    ratio of gold in bracelet to gold in watch

    1.5-to-1.0

    Below, we discuss the relative prices of the Carrera 1158 watch and the 18 karat gold bracelet, and we see that the bracelet cost approximately 1.5 times as the watch istself. The fact that the watch contains 48 grams of gold while the bracelet contains 73 grams of gold explains this pricing.

     

  • Why So Few Survivors? One of the mysteries of the vintage Heuer world is why there are so few survivors among the 18 karat gold bracelets for the Reference 1158 Carreras. Anaylzing the issue step-by-step, it becomes understandable: (1) There were very few of the chronographs made, and (2) even fewer of the bracelets made. (3) The bracelets were very long (accomodating a wrist of up to 8 inches), but (4) the only way to size the bracelet, other than the adjustment in the clasp, was to cut out a strip of the gold. So I suspect that (5) many of the folks who purchased these very expensive bracelets decided to remove the bracelets, and wear their watches on a nice leather strap, and (6) over the years, many of these precious bracelets have ended up abandoned in sock drawers or desk drawers, never to be reattached to the chronograph for which they were intended.

Production Numbers. According to materials issued by TAG-Heuer in 2004, to mark the 40th anniversary of the Carrera, the 18 karat gold Carreras were produced in a limited series, comprised of 150 timepices.

  • To be added 
  • To be added 

Prices of the Carrera 1158. The 18 karat gold automatic Carreras were -- far and away -- the most expensive chronographs that Heuer ever offered. Becuase of the relatively high pricing, these chronographs were "special order" items, with very limited production.

  • The Chronograph. The 18 karat gold Carreras (Reference 1158) sold in the range of between three to five times the price of the comparable stainless steel Carreras (Reference 1153 in the early years and the barrel-shaped Reference 110.573 in the later years).
    • In a U.S. retail price list from March 1973, at a time when the price of gold was $83 per ounce, we see the stainless steel Carrera offered at $215 (on a leather strap), with the 18 karat gold Carrera offered at $660 (also on a leather strap), so the gold Carrera was approximately three times the price of the stainless steel model.
    • By January 1974, gold had climbed to $120 per ounce, and the price of the 18 karat gold Carrera had climbed to $900, exactly four times the price of the Reference 1153 which was relatively steady at $225.
    • In a U.S. retail price list from April 1978, when the price of gold had reached $183 per ounce, we see the stainless steel Carrera offered at $435, with the 18 karat gold Carrera offered at $2,160 (approximately five times the price of the stainless steel model).

     

  • The Bracelet. If we would say that the price of the 18 karat gold Carreras was very high -- at three to five times the price of the stainless steel model -- then we must say that the price of this Carrera on the 18 karat gold bracelet was astronomical. You see, the price of the bracelet was typically approximately 1.5 to 1.7 times the price of the watch itself. (For example, at German catalog from 1974 shows the Carrera 1158 at 1,985 DM on a leather strap, while it was priced at 4,875 DM on the bracelet. The "rough math" tells us that this would be approximately !,850 DM for the chronograph itself (head only) and approximately 3,000 DM for the bracelet.

The Formula One Connection. The story of Heuer's connection with racers and racing has been told many times: Jack Heuer went to the United States in the early 1960s, and in order to sell the company's stopwatches, he began hanging out with the racing crowd (for example, attending events for the Sports Car Club of America). The big breakthroughs for Heuer came some years later, however, when Steve McQueen wore a Heuer Monaco in the movie, Le Mans, and when Heuer established an affiliation with the Ferrari racing team.

  • The Ferrari Team. The Heuer brand took center stage in automobile racing in the 1970s, evidenced by the brand's affiliation with the Ferrari factory racing team (Scuderia Ferrari). From 1971 through 1979, Heuer provided timekeeping equipment for the Ferraru racing team. As part of the contractual relationship, each Ferrari race car -- both in Formula One and in endurance racing -- proudly displayed the distinctive Heuer logo.

     

  • The Ferrari Drivers. Just as Heuer had the deal with the Ferrari racing team, under which the team displayed the Heuer logo in exchange for Heuer timing equipment, Heuer had a parallel arrangement with each of the Ferrari Formula One drivers from the period from 1971 through 1979. Each of the Ferrari drivers would wear a patch displaying the Heuer logo, in exchange for which Jack Heuer presented each of the drivers with timing equipment. In this instance, only one item of timing equipment would be provided -- the 18 karat gold Carrera. Accordingly, Jack Heuer presented each Ferrari Formula One driver with one of these gold Carreras. Here is a list of the Ferrari drivers who would have received these Carreras:

     

    • Clay Regazzoni (1970 to 1972, then 1974 to 1976)
    • Mario Andretti (1971 & 1972)
    • Jacky Ickx (1971 to 1973)
    • Niki Lauda (1976 to 1976)
    • Carlos Reutemann (1977 & 1978)
    • Gilles Villeneuve (1977 to 1979)
    • Jody Scheckter (1978 & 1979)

     

  • Where are They Now?. [to be added]

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