Hanhart - photo 1
Hanhart - photo 2
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Hanhart - photo 4

Hanhart

Sold
€ 30 000
Auction dateClassic
02.12.2021 14:00UTC +02:00
Auctioneer
VAN HAM Kunstauktionen GmbH
Event location
Germany, Köln
Archive
The auction is completed. No bids can be placed anymore.
Archive
ID 676111
Lot 1061 | Hanhart
HanhartDeutschland


Title: Hanhart CXD
Created: 2021


Hanhart CXD - World's first NFT Hybrid
UNICAT

The renowned watch manufacturer Hanhart from the Black Forest is combining real craftsmanship of the highest precision with the digital world for the first time. It is a completely new design based on the idea of blockchain. In addition to the digital design, the result of a long process of development, the buyer of the NFT also receives the right to have the Hanhart CXD manufactured as a unique piece. This unique, exclusive right to build this watch is securitized in a second NFT. The option to produce the watch can be exercised until December 31, 2022 for a price of 37,800 Euro. Personal wishes regarding specifications in the design (color and type of stones) can be coordinated with the Hanhart company. Both NFTs can be traded separately after the purchase. After December 31, 2022 or after the realization of the Hanhart CXD, the NFT with the option to produce the watch will be "burned" and loses its validity.

"Blockchain and cyberspace were the defining themes in the development of the watch. The design of the blocks lining up reflects the blockchain and merges into the case. The name CXD comes from the sequence of characters that best reflects the infinity symbol 8 and represents the infinite expanses of cyberspace," says Felix Wallner, managing director of Hanhart.

Technical details of the Hanhart CXD

Case:
Titanium grade 5
Diameter 40 mm
Convex sapphire crystal printed from the inside with anti-reflective coating
Sapphire crystal caseback
Height 14 mm
Water resistant 10 bar/10 ATM
Screw down case back
Serial number 1/1
Crown with modern Hanhart h

Movement:
Sellita SW 300 with Hanhart rotor
Automatic winding with ball bearing
28'800 vibrations per hour (4 Hz)
25 jewels
42 hours power reserve

Functions:
Hours, minutes and center seconds
Stop-seconds function

Dial:
Set with 60 hand-cut stones
Stone type and therefore color is selected with the NFT owner
Base price includes hand-cut glass stones

Bracelet:
Vulcanized rubber with Hanhart logo
Lug width 20 mm

Production price of the watch: 37.800 Euro incl. 19% VAT*
* Base price includes hand-cut glass stones

Since its foundation, Hanhart has stood for innovation and built one of the tools for aeronautical progress with its high-precision pilot watches, some of which are still in use today.

The creation of the NFT as well as the technical processing is carried out by the company Time To Token IT GmbH in Cologne, which specializes in tokenization.

Owner: Hanhart
Token Type: NFT (ERC-721)
Blockchain: Ethereum
Minted: Time To Token GmbH
Jewellery
Auction house category:NFT original
Address of auction VAN HAM Kunstauktionen GmbH
Hitzelerstr. 2
50968 Köln
Germany
Preview
26.11.2021 – 29.11.2021
Phone +49 221 92586215
Fax +49 221 92 58 62 4
Email
4FQ.4SU-3S1@Y3GR3F@
Buyer Premium 29%
Conditions of purchaseConditions of purchase
Business hoursBusiness hours
Mo 10:00 – 17:00   
Tu 10:00 – 17:00   
We 10:00 – 17:00   
Th 10:00 – 17:00   
Fr 10:00 – 17:00   
Sa 10:00 – 13:00   
Su closed

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