Watch auctions suffered a “severe downturn” last year, down 13 per cent on a record 2022, as collectors and speculators curbed their spending. Total sales for the major auction houses, Antiquorum, Bonhams, Christie’s, Phillips (in association with Bacs & Russo) Polyauction and Sotheby’s were CHF 610m ($691m), according to Switzerland-based Hammertrack, which monitors the watch […]

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As many as one in 10 luxury watches are fakes, says Arjen van de Vall, CEO of Watchfinder, the UK’s largest seller of second-hand timepieces. He says it’s getting harder and harder, even for his experts, to tell the difference. “We have a check list when our watchmakers see a watch. In the old days, […]

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