Invented around 1974 and patented in 1980 by English watchmaker George Daniels the Co-axial escapement is a modification of the lever escapement. Considered by some to be one of the most significant horological advancements since the invention of the lever escapement, the co-axial escapement functions with a system of 3 pallets that separates the locking function from the impulse, avoiding the sliding friction of the lever escapement. This makes lubrication of the pallets unnecessary and thereby.. Read More