Front view
Dial, hands and bezel as delivered.
Case-back view
Case-back engraving and, where fitted, the sapphire display.
Movement
Calibre with its finishing and decoration.
On the wrist
Worn shot for proportion and strap drape.
MB&F · LM Perpetual
MB&F LM Perpetual 38 mm Ice 18k
Reference 32343OR.11
Reference at a glance
- Brand
- MB&F
- Collection
- LM Perpetual
- Model
- MB&F LM Perpetual 38 mm Ice 18k
- Reference number
- 32343OR.11
- Year / era
- 2005 · 2000s — modern production
- Complication
- Annual calendar
- Movement
- In-house manual-winding, hand-finished
- Case material
- 18k yellow gold
- Dial type
- Ice blue
- Strap / bracelet
- Oyster bracelet
- Water resistance
- 150 m
- Limited-edition status
- Regular production, not a limited edition
Case, dial & bracelet
- Case dimensions
- 38 mm
- Case thickness
- 8.8 mm
- Case material
- 18k yellow gold
- Bezel
- Smooth polished
- Crystal
- Box sapphire with AR coating
- Dial
- Ice blue
- Hands
- Skeletonised sword hands, white luminescent
- Indexes
- Diamond-set hour markers
- Bracelet / strap
- Oyster bracelet
- Clasp / buckle
- Triple-folding clasp with safety catch
- Water resistance
- 150 m
Movement
- Movement / calibre
- Calibre 53B — In-house manual-winding, hand-finished
- Movement type
- High-frequency automatic
- Frequency
- 25,200 vph (3.5 Hz)
- Power reserve
- 72 hours
- Number of jewels
- 25 jewels
- Complications
- Annual calendar
- Functions
- Dive time, running seconds
- Watchmaker
- Assembled and regulated by a single watchmaker, who signs off the piece before casing.
Production & market
- Production period
- 2005 – 2013
- 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 LM Perpetual 38 mm Ice 18k sits within MB&F's LM Perpetual line, introduced in 2005. It carries the house codes established since 2005 — 18k yellow gold case, ice blue dial and in-house manual-winding, hand-finished — and is one of the references collectors use to date the evolution of the collection.
Interesting facts
- Early production dials show a slightly different minute track, and collectors pay a premium for them.
- The movement's bridges are decorated even where they will never be seen once the watch is cased.
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
2005
Maximilian Büsser founds MB&F in Switzerland.
2024
MB&F continues to produce Horological Machine, Legacy Machine, LMX and other icons in limited numbers.