Unique Patek Philippe Sells for $4.3m

A unique Patek Philippe watch sold for $4.3m at Sotheby’s New York – the highest price realized by the auction house for a timepiece this year.

Watches of Switzerland Annual Revenue Hits Record

Watches of Switzerland’s group revenue soared 25% for the full fiscal year as it expanded its store network and demand for luxury timepieces rose. The UK-based retailer achieved sales of GBP 1.54 billion ($2.02 billion) for the 52 weeks that ended April 30, the company said last week. That amount is a record for the … Read more

Watch and Jewellery Valuations

If Require a watch or jewellery valuation for insurance. AcuVal is the jewellery valuation App for you. Simply download the Free App off the App store, and you are almost there. A HD picture with your phone, and model and serial number is all the valuer will need to complete your valuation, all while your … Read more

Swiss Watch Trade Sees 12th Month of Decline

Longines,Watch

Swiss watch exports fell 11% year on year to CHF 1.59 billion ($1.78 billion) in January, the 12th consecutive monthly drop, as demand slowed in the US and in key Asian markets. Shipments to the US declined 11% to CHF 183.3 million ($204.5 million), partly because strong figures in January 2020 created an unfavorable comparison, … Read more