What sells watches? This is the 20 billion Swiss franc question in today’s challenging economic climate.For at least part of the answer to what sells watches (and how to buy them in down markets), we can learn a lot from two of the steadiest performers in the watch industry.
Fans of the art of watchmaking are in luck: not only can they read a beautifully written and comprehensive overview of what goes into the making of a watch. Ryan Schmidt is a newly engrossed watch enthusiast – and his enthusiasm and knowledge permeates the tone of his book, a comprehensive tome called ‘The Wristwatch Handbook.’
Here begins a very special three-part series looking at, and listening to, two of Patek Philippe’s splendid minute repeaters: References 5074P and 5078P. If there’s any curiosity about which of the two I prefer, I’ll get that question out of the way right now: I consider the 5074P to be one of the finest contemporary wristwatches; it is a piece that awes me every time I handle one.
This photo was taken of just a few of the watches at a recent collector’s GTG (get-togtether) in Brisbane, Australia.
But what else could explain this diverse array of mechanical marvels?
And I’ll add bonus points for naming all of the watches correctly.
When collectors gather anywhere and talk about their collections, recent purchases, and executed or potential sales, there’s a term that comes up more often than not: “getting hurt.” Here I provide a master class in how not to get hurt in the world of watch collecting.
As I have covered the world of watches, another of my dormant passions has been reignited. That passion is automobiles. Watches and cars go together, so it is no surprise that I have a strong interest in fast things with powerful motors. This is the story of how I ended up with both a 1991 Honda Beat and a 1991 Seiko 7002 Diver. And I’m still smiling!
When my grandfather passed away, he left a watch in safekeeping for me and I treasure it to this day. Fully forty years later, I inherited a previously unseen box of my grandfather’s watches, revealing him to have been what I had become: a watch collector.
What is the real difference between a novelty watch and a classic timepiece? Is it possible to make a watch providing a novel and entertaining display of time that is wearable in a variety of settings and will be respected years from now? I believe that I own such a piece: the Ludovic Ballouard Upside Down.
Marketing material for the modern mechanical watch almost always includes a description of the the movement’s frequency. You may have even sensed that the higher the frequency, the more accurate a movement gets. But is this entirely true? Find out here.
Like many people, my starting point for serious watches was with a well-priced brand long known for its expertise in developing movements, justly viewed as offering good value for money – but not necessarily for the refinement of its movement finishing, at least on its less expensive pieces. What have I learned since then?