The Patek Philippe Calatrava Pilot Travel Time is a product of an extremely conservative segment in an extremely conservative industry. Patek Philippe, Audemars Piguet, Vacheron, Jaeger-leCoultre, Piaget, IWC – luxury Swiss and German watches survived the quartz crisis by surviving. By not changing . . .
Swiss watch exports collapsed in April. The number of timepieces shipped from the landlocked country fell 81 percent year-on-year– dropping across all price categories. There was no other possible outcome – factories and dealers were shut, the economy was in free fall and online wasn’t cutting it (despite lotus-eaters’ happy talk). But China’s recent recovery promises a bright future, right?
Continue reading “Coronavirus Watch 21: Swiss Watch Exports Down 81%”
Why is it nearly impossible to buy a steel sports watch from Rolex, Patek and Audemars Piguet? Quill & Pad (writing that ampersand makes me die inside) offered some excellent insight into steel sports watch scarcity. I’m not going to excerpt it. It’s worth reading in its entirety – at least after you get past GaryG’s wealth braggadocio. Towards the end . . .
When we last rapped at ya, Jomashop was having a sale and Chrono24 pricing was falling. Since then, the S&P is up five percent, those sweet PPP dollars are flowing and everyone – everyone – is telling us that we’re all fine. So it seems like an opportune time to update our watch prices market index . . .
Continue reading “Luxury Watch Market: Watch Prices Continue to Soften”
I have a soft spot for OMEGA De Villes. They’re weird in weird ways. You have to want one to buy one. Guilty as charged. So when Robert sent me an AuthenticWatches.com listing for the “Monkey Face” De Ville Chronoscope Co-Axial Rattrapante for $4,795, I went bananas . . .
Continue reading “Coronavirus Watch 19: Wait for the Christmas Catastrophe”