GPT Watch Collector
Daniel Roth 447 skeleton chronograph in yellow gold on the wrist

Current collection

Daniel Roth

Skeleton Chronograph

Reference
447.x.40
Case
Yellow gold
Dial
Skeleton, salmon
Era
c. 1994-2000, The Hour Glass era

What Daniel Roth made when the name on the dial was his own

The story

For most of the 2010s, Daniel Roth's watches sat in the forgotten basket, priced at a huge discount to ordinary dress watches from the same years. Nobody seemed to care that this was the man who rebuilt Breguet before putting his own name on a dial in 1988.

Mine is a skeleton chronograph from The Hour Glass era, when Roth himself was still involved in the brand. The double-ellipse case, the salmon skeleton dial, the black Roman numerals: all of it is his voice, not a committee's. Next to my Breguet 3357 it makes a neat pair. One shows what he did for someone else's house. The other shows what he did when he finally had complete freedom.

The part I love is the minute counter. Some chronograph counters creep and many jump, but the mechanism doing it is always hidden under the dial. Not on this one. It waits sixty seconds, snaps forward a minute, and you watch the gears snap with it. I sat with my camera and watched a full minute pass, just to film one second of it.

Wearing it

The double ellipse measures roughly 41 by 38mm, and yellow gold with an open dial is not a shy combination. It wears larger than the numbers suggest. I keep it on grey leather to calm it down, and I still catch myself starting the chronograph for no reason other than to see the counter jump.

What changed

Then everything converged: the neo-vintage wave, the independents boom, LVMH reviving the brand in 2023. Last autumn a double-faced Tourbillon C187 sold for CHF 228,000, and early examples now list above USD 200,000. Is Daniel Roth still an underdog? Honestly, I am not sure. Whether this is the peak or an F.P. Journe situation, I cannot tell you. What I can tell you is that the mechanism did not change when the price did, and that is the only reason I would give anyone for buying one.

Details with a purpose

Notes on the watch

  • Reference 447.x.40, 18k yellow gold double-ellipse case, roughly 41 x 38mm. Roth's double ellipse is among the most recognisable non-round case shapes in watchmaking.
  • Self-winding skeletonised chronograph, calibre DR101, about 36 hours of power reserve.
  • Central chronograph seconds with a 30-minute counter that jumps instantaneously at the end of each minute, the jumping mechanism visible on the dial side.
  • Skeleton salmon dial with black Roman numerals; bridges decorated with the guilloché filet sauté motif.
  • Daniel Roth founded his brand in 1988 after leaving Breguet. The Hour Glass of Singapore took control in 1994, Bulgari acquired the brand in 2000, and LVMH revived the name in 2023.

Collector to collector

Thinking about a Daniel Roth?

Send me the reference and what you are weighing up. We can talk about the details, the trade-offs and how it might fit your collection.

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Related research

Daniel Roth wordmark

GWC-2026-002

Selective Accumulate

Market Research

Daniel Roth: A Price Map of Four Eras

How era, configuration and venue shape Daniel Roth prices, with auction comparisons, retail discounts and the limits of a thin market.

Published September 6, 2026 · Price data as of September 11, 2026 · 9 min

Open report

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From the collection archive

Gallery

Daniel Roth 447 skeleton chronograph in yellow gold on the wrist, full frame
Daniel Roth 447 skeleton chronograph, double-ellipse yellow gold case seen at an angle
Close-up of the jumping 30-minute counter mechanism on the Daniel Roth 447 skeleton chronograph
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