The luxury watch industry depends a great deal upon credibility. Which has led to Brendan Cunningham watching with some trepidation as various watch brands have started to enter the cryptocurrency / blockchain / non-fungible token (NFT) world. Here’s why he thinks that it might not be a great idea.
About Brendan Cunningham
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But we are proud to say that Brendan Cunningham contributed 7 entries already.
Entries by Brendan Cunningham
Phillips in Association with Bacs & Russo will hold the Geneva Watch Auction XV in Switzerland on May 7 and 8, 2022. What’s particularly interesting about Phillips’ traditional late spring auction this year is that it is preceded by an “appetizer” on May 6, the Royal Oak 50th auction with a catalogue so rich it could arguably serve as the main course. Brendan Cunningham went to the New York City preview and shares a few of his highlights with us here.
On January 24, 2022, two Swiss watch brands, Ulysse Nardin and Girard-Perregaux, were reorganized in response to men’s fashion developments in Rome, Italy. In a vacuum, it is hard to see how one would lead to the other: their connection is the Kering group. And then there’s LVMH, but how does that group fit in here? Professor of economics Brendan Cunningham offers some thoughts on how all of this might just go together.
The Phillips watch auction in New York on December 11, 2021 sold a brand-new Patek Philippe Nautilus Reference 5711/1A-018, double signed “Tiffany & Co”. The hammer fell at a jaw-dropping price of $5.35 million. The buyer’s premium on the sale was an additional $1.153 million. Brendan Cunningham reflects on that auction result and the possible wider implications for the market.
When Brendan Cunningham learned of Jaeger-LeCoultre’s Sound Maker exhibition in New York, he quickly decided to attend and participate in the accompanying Atelier d’Antoine, a 1.5-hour workshop to discover why watches go “tick tock” and how time can be expressed. He shares his experiences here.
There are more than a few people investing in watches that they can’t touch, wear, or wind: welcome to the sometimes murky world of watch funds. Here, Brendan Cunningham takes a look at what they do and their impact on secondary-market prices and scarcity.
What happens after a watch is stolen? Many collectors may be inclined to ignore this question as it isn’t fun to ponder. However, regrettably, we live in a time when this issue is even more pressing. Here Brendan Cunningham talks to Chris Marinello, founder of Art Recovery International, to learn what happens to stolen watches.