The Zenith and J.N. Shapiro G.F.J. is exactly my kind of dial work
111/120 bezel clicks. A sourced first look.

This is a beautiful-looking watch. The silver dial, warm case and three different textures give the Zenith G.F.J. enough detail that I would keep looking at it, while the basic layout stays very simple. I especially like the way the small-seconds area belongs to the dial instead of feeling added afterward. I'm giving the J.N. Shapiro version 111 out of 120 bezel clicks.
The current collaboration was introduced in November 12, 2026 coverage. It pairs Zenith's G.F.J. and calibre 135 with J.N. Shapiro's dial work, in a reported series of 25. The official page wasn't available for a complete check, so the detailed specification and photographs here are attributed to the current reporting. I haven't handled one.
Texture without a crowded face
The dial has three guilloché patterns. I like how that creates different areas without requiring several colors, oversized numerals or an extra complication. The broad central field, surrounding track and small-seconds register all have something to look at, and the hands still have a fairly open place to do their job.
The rose-gold case and matching details could have made the whole thing too warm for my taste. Against this shade of silver, I think they work very well. The narrow markers also keep the dial from feeling heavy, especially compared with using a full set of large gold numerals.
The small signature in the seconds register is another detail I like. It identifies the collaboration without becoming a large logo across the center. This is the kind of branding treatment I find easy to live with because it doesn't get in the way of the rest of the watch.
A movement worth turning it over for
The reported case diameter is 39.15 mm, and the hand-wound calibre 135 has a stated 72-hour reserve and COSC certification. The decorated movement is visible through the back. I like the broad curves and the contrast between the metal surfaces in the photographs, though a picture can't establish the quality of every edge or how the crown feels.
The reserve would give a little flexibility between windings. I would still buy something like this because I wanted to look at the dial and movement, rather than because three days on paper made it a practical necessity.
The reported price is CHF68,900, checked November 13. A verified US-dollar quote, remaining allocation and delivery terms are unknown. With 25 pieces reported, access is likely a question for the seller, but scarcity isn't evidence that any particular buyer can secure one.
I would want a chance to see the guilloché move under ordinary light. The silver and rose gold already look very close to what I'd choose for this kind of watch.

Image: Hodinkee 
Image: Hodinkee 
Image: Hodinkee
Key specs
| Brand | Zenith |
|---|---|
| Model | G.F.J. Calibre 135 Double Signed with J.N. Shapiro |
| Reference | 18.1865-1.0135/01.C215 |
| Price | Unknown |
| Availability | Researched first look. Regional sale, stock, source and delivery qualifications are detailed below. |
| Case | Reported 39.15 mm; rose gold |
| Movement | Hand-wound calibre 135; COSC; 72-hour reserve |
| Dial | Silver with three J.N. Shapiro guilloché patterns |
| Edition | 25 pieces |
| Reference | 18.1865-1.0135/01.C215, as reported |
| Price | Reported CHF68,900; verified USD price unknown |
Source-based first look; no hands-on testing of this exact release is claimed. Brand relationship is not established in the retained source record.
Sources
- Zenith — release source hodinkee.com
- Source — www.fratellowatches.com fratellowatches.com