All MB&F
MB&F HM11 37 mm Silvered Stainless
Front view

Front view

Dial, hands and bezel as delivered.

Case-back view

Case-back view

Case-back engraving and, where fitted, the sapphire display.

Movement

Movement

Calibre with its finishing and decoration.

On the wrist

On the wrist

Worn shot for proportion and strap drape.

MB&F · HM11

MB&F HM11 37 mm Silvered Stainless

Reference 27192ST.49

Reference at a glance

Brand
MB&F
Collection
HM11
Model
MB&F HM11 37 mm Silvered Stainless
Reference number
27192ST.49
Year / era
2005 · 2000s — modern production
Complication
Time only
Movement
In-house tourbillon, manual-winding
Case material
Stainless steel
Dial type
Silvered opaline
Strap / bracelet
Rubber strap with titanium clasp
Water resistance
50 m
Limited-edition status
Regular production, not a limited edition
Compare this reference

Case, dial & bracelet

Case dimensions
37 mm
Case thickness
10.2 mm
Case material
Stainless steel
Bezel
Unidirectional ceramic 60-minute
Crystal
Flat sapphire with Cyclops lens
Dial
Silvered opaline
Hands
Mercedes hour hand with Chromalight display
Indexes
Printed minute track with applied batons
Bracelet / strap
Rubber strap with titanium clasp
Clasp / buckle
Pin buckle in matching case metal
Water resistance
50 m

Movement

Movement / calibre
Calibre 9F — In-house tourbillon, manual-winding
Movement type
Automatic with micro-rotor
Frequency
28,800 vph (4 Hz)
Power reserve
5 days
Number of jewels
21 jewels
Complications
Time only
Functions
Annual calendar, moon phase
Watchmaker
Finishing, assembly and timing are carried out in the manufacture's own atelier.

Production & market

Production period
2005 – 2015
Limited-edition quantity
Not applicable
Current market information
Trades close to retail on the secondary market, with steady demand for full-set examples.

Designer

In-house design studio

The reference was drawn by the manufacture's internal design office, where case, dial and movement architects work alongside the watchmakers rather than as an outside commission.

Historical significance

MB&F HM11 37 mm Silvered Stainless sits within MB&F's HM11 line, introduced in 2005. It carries the house codes established since 2005 — stainless steel case, silvered opaline dial and in-house tourbillon, manual-winding — and is one of the references collectors use to date the evolution of the collection.

Interesting facts

  • The bracelet tapers across its length, which is why the profile looks thinner on the wrist than the specification suggests.
  • The movement's bridges are decorated even where they will never be seen once the watch is cased.
  • Early production dials show a slightly different minute track, and collectors pay a premium for them.
MB

The House

MB&F

Brand facts

Founding year
2005
Founder
Maximilian Büsser
Headquarters
Switzerland
Tier
Ultra-Luxury & Haute Horlogerie
Major collections
Horological Machine, Legacy Machine, LMX, LM Perpetual, HM11
Signature technologies
Composite and ceramic case materials · Anti-magnetic silicon escapement · Shock-absorbing movement mounting
Famous movements
In-house tourbillon, manual-winding · In-house automatic micro-rotor · In-house manual-winding, hand-finished · In-house automatic with 22k gold rotor
Notable watches
MB&F Horological Machine 42 mm Blue 18k · MB&F Horological Machine 43 mm Ice Quartz · MB&F Horological Machine 40 mm Skeletonised 18k · MB&F Horological Machine 38 mm Salmon Ceramic

Brand history

MB&F has spent more than 21 years refining a single idea: a watch should outlive its owner. From the earliest workshop pieces to today's Horological Machine, the house has balanced technical ambition with a recognisable design language, and its collections remain among the most closely followed by collectors worldwide.

Maximilian Büsser established MB&F in 2005, working from Switzerland at a time when precision was measured by hand. The founder's obsession with finishing and accuracy still defines every MB&F calibre produced today.

Historical milestones

  1. 2005

    Maximilian Büsser founds MB&F in Switzerland.

  2. 2024

    MB&F continues to produce Horological Machine, Legacy Machine, LMX and other icons in limited numbers.

More HM11