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intro
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):
- 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.
- 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):
- 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.
- the second version (from
circa 1974) had second execution dial and second
execution hands
- Two versions of the 1158 CHN
(champagne dial / black registers):
- the first version (from
circa 1972) had second execution dial and second
execution hands, with black date disc (and white
numerals)
- 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.
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Body
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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.
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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:
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total weight of watch and
bracelet
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143
grams
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weight of watch (head
only)
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69
grams
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weight of
movement
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21
grams
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weigth of watch case
(without movement)
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48
grams
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weight of bracelet (both
sections)
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73
grams
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bottom section of
bracelet (with clasp)
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40
grams
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top section of
bracelet
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33
grams
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total weight of gold in
watch and bracelet
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121
grams
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ratio of gold in bracelet
to gold in watch
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1.5-to-1.0
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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.
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- 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.
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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.
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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.
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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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