Jay-Z Wears a $1.2 Million F.P. Journe Vagabondage II in Rose Gold at His London Concert

September 6, 2026·Spotlight·WPA Staff Member

Jay-Z has never needed a microphone to make a statement. At his recent concert in London, the loudest thing on stage may have been on his wrist: an F.P. Journe Vagabondage II in rose gold, one of just 68 examples ever made, and one of the most quietly radical watches a collector can wear.

While the crowd watched the show, watch people watched the wrist. A warm rose-gold tortue case, a dial that looks half-finished on purpose, and two little windows flicking through numbers on their own schedule — this is not a watch you wear to blend in with a room full of Pateks and Richard Milles. It is a watch for someone who already owns those and wants something almost nobody can identify on sight.

Close-up of a gold tonneau F.P. Journe Vagabondage II on Jay-Z's wrist, hand in pocket
The rose-gold tonneau case caught on camera at the London show — unmistakable to anyone who knows the reference.

What Jay-Z is actually wearing

The Vagabondage II is part of a trilogy of experimental watches François-Paul Journe built outside his main collection. Vagabondage I revived the antique “wandering hours” idea. Vagabondage II, released in 2010, went further and introduced the world’s first mechanical digital jumping minutes alongside a digital jumping hour. Vagabondage III later added jumping seconds.

Jay-Z’s example is the Ref. VII in 18-carat rose gold, a limited run of 68 pieces. Everything is warm-toned: the tonneau-shaped case, the movement bridges you can see straight through the open dial, even the frame around the number windows. It rides on a black alligator strap with the oversized padded ends Journe used on this series.

F.P. Journe Vagabondage II in rose gold resting on its numbered certificate marked N deg /68 - VII
Each piece is delivered with a signed certificate — this series is numbered out of 68, in a plain wood presentation box.

The dial that tells time in two languages

Look at the dial and you are really looking at the movement. The large hexagonal aperture in the centre shows the digital jumping minutes — two discs that snap forward together so the number changes instantly, on the minute, with no drift. Just above it, a smaller window carries the digital jumping hour. A tiny white sub-dial at the bottom keeps the running seconds, and a red-tipped hand sweeps a power-reserve arc up top.

Making a number “jump” cleanly is one of the hardest things in mechanical watchmaking, because the movement has to store energy quietly for 60 seconds and then release it in a fraction of one, every minute, without stealing power from the balance. The certificate shown with this watch lists a 28-hour power reserve and a 21,600 vibrations-per-hour balance — modest numbers that hint at how much energy the jumping display consumes.

Dial of the F.P. Journe Vagabondage II in rose gold showing digital jumping hours and minutes with a white sub-seconds dial
Digital jumping hour in the upper window, digital jumping minutes in the central hexagon, running seconds below.

Why this one is a flex

Rarity is the whole point. Sixty-eight pieces in rose gold means most serious collectors have never handled one in person. The market reflects that: the reference has been valued at around $1.2 million, putting it well above most of the hype watches you see courtside or on stage.

F.P. Journe Vagabondage II Ref. VII rose gold, limited edition of 68, valued around 1,200,000 USD
F.P. Journe Vagabondage II, Ref. VII, rose gold — limited edition of 68, valued in the region of $1.2 million.

It also fits a pattern in Jay-Z’s collection. He has long favoured watchmaking that rewards knowledge over logo recognition — independent, technical, and hard to spot from the cheap seats. The Vagabondage II in rose gold is exactly that: a seven-figure watch that reads, to almost everyone in the venue, as just a warm glint under the stage lights.

The takeaway

Celebrity watch spotting usually comes down to the same handful of steel sports models. A rose-gold Vagabondage II is a different kind of signal — a nod to the people who know that the most interesting watch in the building is often the one you have to look twice at. Jay-Z clearly knows. So do the collectors who spent the concert zooming in on his wrist.

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