An underground auction of vintage watches, held in a Geneva wine cellar, raised $1.3m, almost double its pre-sale high estimate. Sotheby’s offered 24 avant garde an innovative timepieces, all of them described as “gender-free” – available for anyone to wear. Highlight of the sale, entitled Rough Diamonds, was a 1962 Patek Philippe set, Reference 3290 […]

The post Time for Change: Sotheby’s Underground, Gender-Free Watch Auction appeared first on The Jewelry Magazine.

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, […]

The post One in 10 Luxury Watches are Fake, says Watchfinder CEO appeared first on The Jewelry Magazine.

A new policy from the Patek archives increased in price with stricter guidelines to protect the brand and secondary market buyers. The purpose of this upgrade is to refocus on the fundamental role of Archive Extracts, namely to provide the information listed in our registers since 1839 on Patek Philippe antique, vintage watches produced or […]

The post Patek Philippe Has Changed How It Issues Collateral for Collectors appeared first on The Jewelry Magazine.