All Piaget
Piaget Possession 38 mm Black 18k
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.

Piaget · Possession

Piaget Possession 38 mm Black 18k

Reference 62259OR.81

Reference at a glance

Brand
Piaget
Collection
Possession
Model
Piaget Possession 38 mm Black 18k
Reference number
62259OR.81
Year / era
1955 · 1950s — pre-quartz mechanical era
Complication
Minute repeater
Movement
In-house automatic, Superlative Chronometer
Case material
18k yellow gold
Dial type
Black lacquer
Strap / bracelet
Milanese mesh
Water resistance
500 m
Limited-edition status
Regular production, not a limited edition
Compare this reference

Case, dial & bracelet

Case dimensions
38 mm
Case thickness
9.4 mm
Case material
18k yellow gold
Bezel
Fixed brushed titanium
Crystal
Box sapphire with AR coating
Dial
Black lacquer
Hands
Faceted dauphine hands, polished by hand
Indexes
Applied faceted white-gold indexes
Bracelet / strap
Milanese mesh
Clasp / buckle
Triple-folding clasp with safety catch
Water resistance
500 m

Movement

Movement / calibre
Calibre 50C — In-house automatic, Superlative Chronometer
Movement type
Manual-winding
Frequency
21,600 vph (3 Hz)
Power reserve
70 hours
Number of jewels
40 jewels
Complications
Minute repeater
Functions
Dive time, running seconds
Watchmaker
The calibre is built in-house and adjusted in five positions before delivery.

Production & market

Production period
1955 – 1962
Limited-edition quantity
Not applicable
Current market information
Thin secondary-market supply — pricing is set piece by piece at auction.

Designer

Marc Newson

Marc Newson is an Australian industrial designer whose work spans Qantas cabins, Apple hardware and Jaeger-LeCoultre's Atmos clocks; his watch design reduces the object to pure geometry and legibility.

Historical significance

Piaget Possession 38 mm Black 18k sits within Piaget's Possession line, introduced in 1955. It carries the house codes established since 1874 — 18k yellow gold case, black lacquer dial and in-house automatic, superlative chronometer — and is one of the references collectors use to date the evolution of the collection.

Interesting facts

  • The reference was originally planned as a one-year run and stayed in the catalogue for well over a decade.
  • The movement's bridges are decorated even where they will never be seen once the watch is cased.
  • The bracelet tapers across its length, which is why the profile looks thinner on the wrist than the specification suggests.
PI

The House

Piaget

Brand facts

Founding year
1874
Founder
Georges-Édouard Piaget
Headquarters
Switzerland
Tier
Luxury
Major collections
Polo, Altiplano, Limelight Gala, Possession, Piaget Andy Warhol
Signature technologies
In-house hairspring production · Certified chronometer regulation · Proprietary case-hardening and polishing
Famous movements
In-house automatic, Superlative Chronometer · In-house automatic chronograph · In-house manual-winding · In-house automatic, chronometer certified
Notable watches
Piaget Polo 41 mm Salmon 18k (1988) · Piaget Polo 36 mm Salmon 18k (1974) · Piaget Polo 39 mm Black Ceramic (1970) · Piaget Polo 41 mm Ice Grade (1977)

Brand history

Piaget has spent more than 152 years refining a single idea: a watch should outlive its owner. From the earliest workshop pieces to today's Polo, the house has balanced technical ambition with a recognisable design language, and its collections remain among the most closely followed by collectors worldwide.

Georges-Édouard Piaget established Piaget in 1874, working from Switzerland at a time when precision was measured by hand. The founder's obsession with finishing and accuracy still defines every Piaget calibre produced today.

Historical milestones

  1. 1874

    Georges-Édouard Piaget founds Piaget in Switzerland.

  2. 1899

    Piaget earns its first international recognition for precision timekeeping.

  3. 1969

    The quartz era forces Piaget to redefine mechanical watchmaking.

  4. 1990

    Piaget enters the modern collector market with its signature lines.

  5. 2024

    Piaget continues to produce Polo, Altiplano, Limelight Gala and other icons in limited numbers.

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