Mantel clock - Lorenz - Steel - 1960-1970 - designed by Richard Sapper

Static Richard Sapper Compasso d’oro 1960 Watch.
If on the watch dial the words Lorenz, STATIC and ITALSIDER appear simultaneously, you are facing a piece of exceptional historical and collecting value: an official epochal customization.
This means Italsider did not produce the watch, but purchased a lot of watches directly from Lorenz in the 1960s to use them as extremely high-level corporate gifts (intended exclusively for board members, major clients, or high institutional officials). The Italsider brand was printed on the dial directly in the factory by Lorenz during the production of the customized batch. [1]
Estimated Market Value
A Lorenz Static watch with Italsider-customized dial, perfectly functioning and with its original case, has an estimated value ranging between €900 and €1,400. [1]
The price is well above that of a classic Static for three precise reasons:
Extreme rarity: Variants with co-branded, era-dial dials (especially with Italian industrial giants like Italsider or Fiat) were produced in very few units, making them highly sought after by design and “corporate heritage” collectors.
Presence of the case: In modern collectibles, the original case (often a rigid faux-leather or Saffiano box) alone raises the valuation by over €150.
Working condition: Many vintage Statics are stopped due to old batteries that leaked acid and damaged contacts. A running specimen is a significant added value.

Tullio Bolletta, founder of the Lorenz watchmaker, turned to the German designer Richard Sapper in 1959 to collaborate on an ambitious project. Lorenz wanted to transform into desktop clocks the internal mechanisms of watches produced during the war for torpedoes. After many trials and errors, Sapper’s elegant design concealed the bulky mechanisms in a cylindrical frame with a trimmed edge to rest on a table and added the dial from a fighter jet. Known as Lorenz Static, Sapper’s project won the Compasso d’Oro in 1960.
The success: Presented in 1960, it immediately won the prestigious Compasso d’Oro award, becoming an icon of functionalism also displayed at the New York MoMA.
In the same historical period, Italsider (the state steel giant with plants in Taranto, Bagnoli, and Genoa Cornigliano) began a cultural revolution guided by Eugenio Carmi, who was art director of the company from 1958 to 1965. The aim was to humanize the factory and use steel to make culture.

The watch is perfectly functional, but does require external cleaning as it has always been kept inside the leather case attached to this listing; the only “flaw” is the case strap, which should be replaced.