Invented around 1974 and patented in 1980 by English watchmaker George Daniels, the co-axial escapement is a modification of the lever escapement. Considered 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 three pallets that separate the locking function from the impulse, avoiding the sliding friction of the lever escapement. This makes lubrication of the pallets unnecessary and thereby eliminates one.. Read More