GPHG 2026 Winners: Every Watch That Won, From Rexhep Rexhepi’s Aiguille d’Or to Audemars Piguet
The 26th Grand Prix d’Horlogerie de Genève (GPHG) took place on Saturday, November 7, 2026 at the Bâtiment des Forces Motrices in Geneva. Often called the “Oscars of watchmaking”, it is the biggest night in the watch industry. Twenty prizes were awarded, and the Aiguille d’Or, the top prize, went to independent watchmaker Rexhep Rexhepi for his Chronograph Flyback.

The ceremony was hosted by Stéphane Bern and Arianne Alcorta, with the Director-General of UNESCO in attendance. Winners were chosen by an Academy of more than 1,000 members and an international jury chaired by Wei Koh, founder of Revolution. Independents had a huge night: Rexhepi, Konstantin Chaykin, Dominique Renaud, Cleguer and Otsuka Lotec all took home prizes, alongside big names like Audemars Piguet, Chopard, Blancpain and Grand Seiko.
Here is every winner, with the watch, the key specs and the official retail price.
Aiguille d’Or Grand Prix: Rexhep Rexhepi Chronograph Flyback

The biggest prize of the night went to Geneva’s Rexhep Rexhepi for his first ever chronograph. The RRCHF runs on an entirely new integrated movement, designed from the start to be slim: at 9.7mm thick, it wears more like a dress watch than a chronograph.
The grand feu enamel dial nods to vintage pocket-watch chronographs, and the hands have downward-stepped tips so the crystal can sit lower. There is also an instant-jumping minute counter. Case, dial, movement and even the hand-stitched strap are all made in Rexhepi’s own workshops.
For an independent who launched his first watch, the AK-01, in 2012, the Aiguille d’Or confirms what collectors already knew: Rexhepi is now one of the most important names in watchmaking.
- Specs: Platinum, 38.8mm x 9.7mm, manual-winding, 72-hour power reserve, grand feu enamel dial, ref. RRCHF
- Price: 150,000 CHF
Iconic Watch Prize: Audemars Piguet Royal Oak “Jumbo” Extra-Thin Selfwinding Flying Tourbillon Chronograph RD#5 “150th Anniversary”

Released for Audemars Piguet’s 150th anniversary, the RD#5 is the first Royal Oak to combine a flyback chronograph with a flying tourbillon. It took five years to develop.
The new patented Calibre 8100 rethinks how a chronograph resets, giving the pushers a lighter, smoother feel. It also has an instant-jumping minute counter, all in a Jumbo case only 8.1mm thick.
- Specs: Titanium and bulk metallic glass, 39mm x 8.1mm, self-winding Calibre 8100, limited to 150 pieces, ref. 26545XT.OO.1240XT.01
- Price: 289,500 CHF
Special Jury Prize: Patek Philippe Watch Art Grand Exhibition
The Special Jury Prize did not go to a watch. Patek Philippe was recognised for its Watch Art Grand Exhibition, the travelling show that brings the manufacture’s history and craftsmanship to collectors and the public around the world.
Audacity Prize: Konstantin Chaykin ThinKing Mystery

At just 1.65mm thick, Konstantin Chaykin’s ThinKing Mystery is the thinnest mechanical watch ever produced as a limited collection. That is thinner than most coins.
To get there, Chaykin had to invent several patented solutions, including a double balance with toothed coupling, and the case doubles as the dial. A true record-breaker from Russia’s best-known independent.
- Specs: Antimagnetic alloy, 41mm x 1.65mm, manual-winding, 38-hour power reserve, ref. K.23-3.1
- Price: 400,000 CHF
Chronometry Prize: Ferdinand Berthoud Naissance d’une Montre 3

Naissance d’une Montre 3 is a six-year heritage project made entirely by hand with traditional tools, with no computer help. The result is a COSC-certified chronometer with a fusee-and-chain for constant force and a bimetallic balance.
It was Ferdinand Berthoud’s first of two wins on the night.
- Specs: White gold, 44.3mm x 13mm, manual-winding, fusee-and-chain, COSC certified, ref. FB 4BTC.1
- Price: 850,000 CHF
Horological Revelation Prize: Dominique Renaud Pulse60 Titanium Black

Dominique Renaud, co-founder of Renaud et Papi, went the opposite way to most modern watchmaking. The Pulse60 beats at just 1Hz (7,200 vph), the lowest frequency in contemporary mechanical watchmaking.
The slow, wide swing of the balance is meant to be watched, and the seconds hand moves in a natural half dead-beat. It also runs for four days.
- Specs: Titanium, 40mm x 12mm, manual-winding, 96-hour power reserve, 7,200 vph, ref. BUA2024TIBK
- Price: 52,969 CHF
Mechanical Exception Watch Prize: Blancpain Grande Double Sonnerie

This is the most complicated watch Blancpain has ever made. Eight years of development, more than 1,200 technical drawings and 21 patents went into the Calibre 15GSQ.
It combines a grande and petite sonnerie with a choice of two melodies, a minute repeater, a tourbillon and a perpetual calendar with retrograde date.
- Specs: Red gold, 47mm x 14.5mm, manual-winding, 1,116 components, 21 patents, ref. 15GSQ 3613 55B
- Price: 1,700,000 CHF
Complication Watch Prize: Cleguer Inspiration One

Winning a GPHG with your very first watch is rare. Mathieu Cleguer’s Inspiration One, designed with Lee Yuen-Rapati, uses a special escapement with two escape wheels acting directly on a large balance, all built for precision.
The off-centre grand feu enamel dial sits at 2 o’clock, so the movement itself becomes part of the dial.
- Specs: White gold, 38.5mm x 12mm, manual-winding, grand feu champlevé enamel, ref. I1.0N.01
- Price: 103,020 CHF
Chronograph Watch Prize: Parmigiani Fleurier Tonda PF Chronographe Mystérieux

At rest, this looks like a simple three-hand Tonda PF. Press the single pusher at 7:30 and three chronograph hands appear from under the time hands, all on the same central axis.
It is one of the cleverest chronographs of the year, and one of the most wearable winners of the night.
- Specs: Steel and platinum, 40mm x 13mm, self-winding, 100m water resistance, ref. PFC908-1020001-100182
- Price: 36,900 CHF
Tourbillon Watch Prize: Ferdinand Berthoud Chronomètre FB 2TV

Ferdinand Berthoud’s second prize of the evening. The FB 2TV is the first piece in the new “Mesure du Temps 1787” collection, which moves the movement to the dial side so you can see it work.
It pairs a one-minute flying tourbillon with a fusee-and-chain for constant force.
- Specs: White gold, 44mm x 15.46mm, manual-winding, tourbillon with fusee-and-chain, COSC certified, ref. FB 2TV.1
- Price: 325,000 CHF
Sports Watch Prize: Grand Seiko Spring Drive U.F.A. Ushio 300 Diver

Grand Seiko’s first diver with its Ultra Fine Accuracy Spring Drive movement is rated to plus or minus 20 seconds a year. That is far more accurate than a standard chronometer.
It is light, tough and one of the best-value winners on the list.
- Specs: High-intensity titanium, 40.8mm x 12.9mm, Spring Drive U.F.A., 300m water resistance, ref. SLGB023
- Price: 12,500 CHF
Calendar and Astronomy Watch Prize: Audemars Piguet 150 Heritage

Audemars Piguet’s second win is a pocket watch, and the most expensive piece among the winners. The 150 Heritage packs a perpetual calendar, moon phase, split-seconds flyback chronograph and a grande and petite sonnerie with Supersonnerie into Calibre 1150.
- Specs: Platinum pocket watch, 50mm x 23.4mm, manual-winding Calibre 1150, ref. 75150PT.OO.01
- Price: 2,702,500 CHF
Essential Watch Prize: Daniel Roth Extra Plat Rose Gold Skeleton

The revived Daniel Roth brand keeps winning. Its famous double-ellipse case is only 6.9mm thick here, and both the case and the skeletonised movement are made in solid rose gold.
- Specs: 5N rose gold, 35.5mm x 38.6mm, 6.9mm thick, manual-winding skeleton calibre DR002SR, ref. DBBD02A1
- Price: 91,885 CHF
Time Only Watch Prize: Chopard L.U.C 1860

Chopard brought back the watch that launched its Fleurier manufacture 30 years ago. The new L.U.C 1860 keeps the classic 36.5mm size and adds a hand-guilloché dial, a COSC certificate and the Geneva Seal.
- Specs: Lucent Steel, 36.5mm x 8.2mm, self-winding with gold micro-rotor, Geneva Seal and COSC, ref. 168860-3005
- Price: 24,500 CHF
Jewellery Watch Prize: Chopard Mystery Nut

Chopard’s second prize is a pendant watch shaped like a walnut, set with brown and cognac diamonds. Open it up to find the time and a moon phase. It is part of Caroline Scheufele’s Animal World collection.
- Specs: Rose gold, white gold and titanium pendant watch, 40.67 carats of diamonds, self-winding with moon phase, ref. 505024-9001
- Price: 870,000 CHF
Artistic Crafts Watch Prize: Louis Vuitton Tambour Taiko Arty Automata

Twenty tiny elements on four levels come to life on demand on this enamel dial. It shows how serious Louis Vuitton’s La Fabrique du Temps has become at high watchmaking.
- Specs: White gold, 42mm x 13.6mm, self-winding with tourbillon and automaton, grand feu enamel, ref. W9WG71
- Price: 415,000 CHF
Gemset Watch Prize: Piaget Swinging Pebble

Inspired by Piaget’s 1972 Kimono pocket watches, the Swinging Pebble pairs a pebble-shaped case with a pietersite stone dial and diamonds.
- Specs: White gold, 21.4mm x 40mm, pietersite stone dial, 2.43 carats of diamonds, quartz, ref. G0A51409
- Price: 74,000 CHF
“Petite Aiguille” Watch Prize: Otsuka Lotec No.8

Japanese independent Jiro Katayama took his inspiration from mixing consoles. Every hour the hour “channel” jumps and the minute “fader” slides back to zero. Otsuka Lotec watches are among the hardest to get in the world.
- Specs: Steel, 31mm x 47.8mm, self-winding, jumping hours with retrograde minute fader, ref. P08
- Price: 4,900 CHF
Challenge Watch Prize: SpaceOne SpaceOne x Baltic Seconde Majeure

The most affordable winner. A collaboration between two young French brands, with a visible jumping-hour mechanism built around the seconds, all for 3,000 CHF.
- Specs: Steel, 38.5mm x 12.3mm, self-winding, jumping-hour module by Théo Auffret, ref. SB001
- Price: 3,000 CHF
Mechanical Clock Prize: La Vallée Cosmo

Cosmo’s 14.5kg mechanism floats on magnets and turns once every sidereal day. As it turns, it shows the time, the calendar and astronomical indications.
- Specs: Steel, Murano glass, 400mm wide, magnetically suspended mechanism, 9,744-hour (about 13 months) power reserve
- Price: 510,000 CHF
GPHG 2026 winners at a glance
| Prize | Brand | Watch | Price (CHF) |
|---|---|---|---|
| Aiguille d’Or Grand Prix | Rexhep Rexhepi | Chronograph Flyback | 150,000 |
| Iconic Watch Prize | Audemars Piguet | Royal Oak “Jumbo” Extra-Thin Selfwinding Flying Tourbillon Chronograph RD#5 “150th Anniversary” | 289,500 |
| Special Jury Prize | Patek Philippe | Watch Art Grand Exhibition | n/a |
| Audacity Prize | Konstantin Chaykin | ThinKing Mystery | 400,000 |
| Chronometry Prize | Ferdinand Berthoud | Naissance d’une Montre 3 | 850,000 |
| Horological Revelation Prize | Dominique Renaud | Pulse60 Titanium Black | 52,969 |
| Mechanical Exception Watch Prize | Blancpain | Grande Double Sonnerie | 1,700,000 |
| Complication Watch Prize | Cleguer | Inspiration One | 103,020 |
| Chronograph Watch Prize | Parmigiani Fleurier | Tonda PF Chronographe Mystérieux | 36,900 |
| Tourbillon Watch Prize | Ferdinand Berthoud | Chronomètre FB 2TV | 325,000 |
| Sports Watch Prize | Grand Seiko | Spring Drive U.F.A. Ushio 300 Diver | 12,500 |
| Calendar and Astronomy Watch Prize | Audemars Piguet | 150 Heritage | 2,702,500 |
| Essential Watch Prize | Daniel Roth | Extra Plat Rose Gold Skeleton | 91,885 |
| Time Only Watch Prize | Chopard | L.U.C 1860 | 24,500 |
| Jewellery Watch Prize | Chopard | Mystery Nut | 870,000 |
| Artistic Crafts Watch Prize | Louis Vuitton | Tambour Taiko Arty Automata | 415,000 |
| Gemset Watch Prize | Piaget | Swinging Pebble | 74,000 |
| “Petite Aiguille” Watch Prize | Otsuka Lotec | No.8 | 4,900 |
| Challenge Watch Prize | SpaceOne | SpaceOne x Baltic Seconde Majeure | 3,000 |
| Mechanical Clock Prize | La Vallée | Cosmo | 510,000 |
Audemars Piguet, Chopard and Ferdinand Berthoud each won two prizes. The prices range from 3,000 CHF for the SpaceOne x Baltic to 2.7 million CHF for the Audemars Piguet 150 Heritage, which shows how wide the GPHG really is.
Where to see the winning watches
The 84 nominated watches are on show at the Musée d’Art et d’Histoire in Geneva until November 15. The winners then travel to London, where they will be on display at the Watches of Switzerland boutique in Knightsbridge from November 18 to 23, 2026.
Thinking about buying, selling or sourcing one of these pieces? Request a free estimate from Watch Pro Academy and get a Certificate of Estimated Value within 24 hours.
Frequently asked questions
Who won the Aiguille d’Or at GPHG 2026?
Rexhep Rexhepi won the 2026 Aiguille d’Or Grand Prix for his Chronograph Flyback (ref. RRCHF), a 38.8mm platinum flyback chronograph with a grand feu enamel dial, priced at 150,000 CHF.
When and where was GPHG 2026?
The 26th GPHG ceremony was held on Saturday, November 7, 2026 at the Bâtiment des Forces Motrices in Geneva, Switzerland.
How many prizes were awarded at GPHG 2026?
Twenty prizes were awarded, including the Aiguille d’Or Grand Prix and the Special Jury Prize, which went to Patek Philippe for its Watch Art Grand Exhibition.
Which brands won more than one GPHG 2026 prize?
Audemars Piguet, Chopard and Ferdinand Berthoud each won two prizes.
What was the cheapest watch to win at GPHG 2026?
The SpaceOne x Baltic Seconde Majeure, winner of the Challenge Watch Prize, at 3,000 CHF.
Prices are official retail prices including VAT as listed by the GPHG. Images: GPHG Foundation. Cover photo: Grégory Maillot / GPHG.




