The house

Seventy-eight years in one room.

Registered in Geneva in March 1948, working from the same first floor on Rue de Carouge ever since. Four benches, four watchmakers, one movement, and no second workshop.

A finished Chronographe 312 in rose gold standing on the black marble inspection slab, its skeleton dial and burgundy strap lit from the left

The house in four numbers

312
Parts in the calibre
312
Pieces, then it closes
12
References
4
Benches, in one room

The story

It started as a repair shop.

Fifty years of other people’s movements, then one of our own. That order matters, and it is the reason the Calibre 312 is shaped the way it is.

Aeterna was registered in Geneva on 4 March 1948 by two watchmakers who had spent the previous decade servicing other houses’ chronographs. They took the first floor of Rue de Carouge 14, set four benches along the window wall, and kept the servicing trade running for eleven more years before they sold a watch with their own name on the dial.

The address has not changed since. Neither has the floor. In 1963 the building’s owner offered us the floor above and we said no. The offer has come back three times and the answer has not moved. A second room means a second standard, and then somebody has to decide which of the two is the real one. Four benches is what fits along that window. Four benches is what we have.

For the first fifty years most of the money came from other people’s movements. That is not a modest origin story, it is the reason the Calibre 312 looks the way it does. Fifty years of service work teaches you which parts fail, which parts cannot be reached with the movement still in its case, and which clever idea is going to cost an owner four hundred francs in 2041.

The drawing, 1998

The Calibre 312 was drawn in 1998 by the four people who still build it. The first sheet carried 344 parts. It ran, and it was heavier and harder to service than several of the movements we were being paid to repair.

Eleven revisions followed over fourteen years, and every one of them took something out. Revision three removed the sliding gear and put the chronograph on a column wheel, which cost more to make and removed two ways for the watch to fail. Revision six removed the second barrel: one mainspring now, wound by hand, still holding seventy-two hours. Revision nine replaced two bridges with one, which is why the dial side reads as a single drawing instead of a stack of plates. Revision eleven, in 2012, removed a screw.

That left 312 parts and 37 jewels. Nothing has been added to the calibre since, and nothing is going to be.

The number, 2016

By 2016 we had a finished movement and no decision about how many to make. The argument took most of that year. An open-ended line meant hiring, hiring meant a fifth bench, and a fifth bench meant the floor above.

So we used the part count as the edition. Three hundred and twelve parts, three hundred and twelve pieces, across twelve references: nine in titanium at twenty-six each, two in rose gold at thirty-four each, and ten in king gold. When the three hundred and twelfth watch is cased, the tooling comes off the line and the Chronographe 312 is finished.

A limit costs money. We have turned away orders we could have filled and we will turn away more. We cannot tell you what one of these watches will be worth in twenty years, and anyone who tells you is guessing. What we can tell you is the number, that it will not move, and that you can check it yourself: the register is published, and it has 312 rows.

Today four people build the watches and two more answer the telephone, pack the boxes and keep the register. That is the whole company. If you write to us, one of six people reads it. If you visit, one of the four will put a loupe in your hand and show you the part they are worried about that week.

A gold-cased Chronographe 312 standing on a dark marble surface under a single lamp
The last bench in the room is a slab of black marble. Every watch spends an hour on it, under the same lamp, before it is boxed.

Record

Eight dates from the workshop ledger.

Nothing here is a milestone invented afterwards. These are entries from a paper book that has been kept in the same cupboard since 1948, and two of them are arguments that took a year.

  1. 1948

    Registered in Geneva

    Two watchmakers take the first floor of Rue de Carouge 14 on 4 March and set four benches along the window wall. The trade is servicing other houses’ chronographs, and it stays the trade for fifty years.

  2. 1959

    The first watch with our own name on it

    A hand-wound two-register chronograph, 38 mm, forty-one made and sold through Geneva jewellers. Nine are known to survive. We have bought four of them back and they sit in a drawer at bench one.

  3. 1963

    The floor above, declined

    The building’s owner offers us the floor above. We say no. The offer has come back three times since and the answer has not changed once.

  4. 1998

    The Calibre 312 is drawn

    A skeleton chronograph on a single barrel, 344 parts on the first sheet, drawn by the four people who still build it. It runs, and it is harder to service than several of the movements we are being paid to repair.

  5. 2012

    Revision eleven

    The eleventh revision removes a screw and the drawing is closed. 312 parts, 37 jewels, seventy-two hours. Fourteen years of revisions, and not one of them added anything.

  6. 2016

    The edition is set

    After most of a year of arguing, the part count becomes the edition: 312 pieces across twelve references, nine cases in titanium, two in rose gold, one in king gold.

  7. 2022

    Serial 001 leaves the workshop

    Cased, timed for six days in six positions, and delivered. Five months from order to door, which is what the owner had been told it would be. The register goes online the following spring.

  8. 2026

    Two hundred and seventeen spoken for

    Ninety-five of the 312 are still unallocated. Garnet, the last reference to open, took four years and three dials that read as brown at arm’s length.

Four benches

The four people who build it.

They drew the Calibre 312 together in 1998 and they have assembled every one since. Each owns one part of the process outright and signs for it. None of the four has retired yet. When one does, the person who replaces them spends two years at the next bench before they touch a movement.

The going train and balance of a Calibre 312 seated in its case, wheels and jewels uncovered

Renée Tschumi

Bench one · 41 years

Owns the escapement. Poises every balance by hand, sets the beat, and runs the six-day timing in six positions that decides whether a movement is cased or goes back on the bench.

Chronograph wheels and the column wheel lifted clear of a Calibre 312 during assembly

Marguerite Achermann

Bench two · 33 years

Owns the chronograph. Column wheel, coupling clutch, reset hammers, and the weight of the two pushers under your thumb, which she sets by hand and refuses to specify in grams.

The polished gold bezel and its six screws lifted clear of a finished skeleton dial

Joaquim Ferreira

Bench three · 31 years

Owns the finishing. Thirty-one hours a movement: every bridge edge chamfered, the inward angles cut by hand because no machine cuts them, and the black polish taken to a mirror on surfaces nobody will see.

The open worked dial and hand set lowered onto a cased Calibre 312

Sylvie Baumann

Bench four · 30 years

Owns the casing. Dial, hands, gaskets, crystal, and the pressure test to a hundred metres that every watch passes twice, once before the strap goes on and once after.

The plate above each name is the part that person owns, photographed at their bench. None of the four wanted a portrait on a website, which seemed like a reasonable thing to want.

The register

Every serial, published.

Every Chronographe 312 carries a number from 001 to 312, and every number goes online the week the watch is delivered. You do not have to own one to read it.

What is in it

The serial, the reference and its case, the dial colour, the initials of the watchmaker who assembled and signed the movement, the month the watch left Geneva, and every service since, with the date and the parts replaced.

What is not in it

Who owns the watch. We print an owner’s name only if they ask us to, and we take it out the day they ask us to stop. We do not publish what anyone paid, what a watch changed hands for, or which country it is in.

Why we publish it

Provenance that lives on a certificate in a drawer stops working the moment the drawer is lost, and a serial nobody can check is not much of a serial. A watch offered for sale can be looked up in under a minute, and a number that is not in the register is not one of ours.

What it cost us

Three owners asked us not to publish, on the fair argument that a public list tells a forger which numbers are worth copying. We published anyway. A forger who copies a listed serial is copying a watch with a known assembler and a known service history, which is a harder lie to tell than a number out of thin air.

Five rows as they appear in the published register. The full list runs to 312 and is updated the week a watch is delivered. Owner names appear only where the owner asked for them.
Serial Reference Case Assembled by Delivered
No. 009Sovereign, AE-K01King goldR. Tschumi2022
No. 041Umber, AE-R02Rose goldM. Achermann2023
No. 106Frost, AE-T09TitaniumJ. Ferreira2024
No. 187Lagoon, AE-T05TitaniumS. Baumann2025
No. 214Scarlet, AE-T01TitaniumR. Tschumi2026

Materials

What we make, and what we buy.

No house makes every part of a watch, and the ones that say they do are counting differently. About sixty percent of the value of a Chronographe 312 is made inside the building. The rest comes from seven suppliers, six of whom we have used for more than ten years.

What is made here without exception: the finishing, the assembly, the adjustment, the casing and the signature. A movement is never sent out and brought back. If a bridge is chamfered badly it was chamfered badly at bench three, and Joaquim will say so before you have noticed.

Rose and king gold
Alloyed and cast by us, in a foundry the size of a kitchen in the basement. The king gold billet, 18k with five percent platinum, is mixed to our formula by a refiner an hour away and cast here. No plating anywhere on the watch.
Titanium and cases
Grade 5 bar stock, and there is nothing proprietary about it. Cases are milled from solid in eleven operations by a shop in Meyrin that has cut for us since 2001, then brushed, chamfered and polished here.
Sapphire
Bought in. Sapphire is grown in a furnace, not dug out of the ground. Ours is grown, cut and coated on both faces near Grenoble.
Forged carbon
Pressed by a composites shop outside Bienne. The marbling on your bezel is not a pattern anyone chose. It is what the press did that morning.
Hairspring and jewels
Bought in. We do not draw hairspring wire and we do not grow synthetic ruby. Almost nobody does, whatever a catalogue tells you.
Straps
Alligator over vulcanised rubber, cut and sewn by a leatherworker in Annecy. We do not tan the leather and we do not vulcanise the rubber. We do choose every skin.
Dials and hands
Open worked, lacquered and printed here. Scarlet takes eleven passes to stay scarlet under tungsten. Hands are cut, chamfered and polished at bench three, nine minutes each.

Next

See it, or come and see it.

Twelve references are online with every specification and every photograph we have. If you would rather hold one, the workshop takes visitors Tuesday to Friday, one at a time, by appointment. There is nothing to buy on the day.

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