January 30, 2015
by Kenny Yeo
1. What Does The Rising Swiss Franc Mean For Watch Buyers?
Just days before SIHH 2015, the Swiss National Bank dropped a bomb for everyone in the watch industry – brands, retailers, and collectors. They removed the cap on the Swiss Franc’s value against the Euro. Almost immediately, the Swiss Franc shot up as much as 40% against the Euro. What does this mean for the industry, Now that demand is soft and the market outlook is generally hazy and uncertain? But more importantly, what does it mean for watch collectors and lovers like you and me? Will prices increase?
Source: Watches by SJX
2. Swiss National Bank Boosts Pre-Owned Watch Market
The act of the Swiss National Bank removing the cap of the Swiss Franc’s value against the Euro is one of the hottest talking points in all of horology for the past couple of weeks, especially against the backdrop of what is one of the industry’s most important fairs – SIHH 2015. Understandably, everyone is wondering what is going to be happen. Will prices increase? If so, by how much? And how will the second-hand market be affected? Here are more opinions by one of most experienced watch bloggers around.
3. The Impact of Instagram on the World of Watch Collectors
Instagram is one of the most popular social media networks around and has over 300 million users as of December last year. And judging from the amount of watch-related photos on the network, it would seem that watch collectors really love Instagram. In fact, it has become the place to go for a good number of collectors to scan for watches on sale, new stock or even news of some newly discovered replica dial. Find out how Instagram has changed the way we collect and share our love and knowledge of watches.
Source: Rolex Passion Report
4. Man Finds Original LeCoultre Deep Sea Alarm At Phoenix Goodwill Store For $5.99, Sells It For $35,000
It’s every vintage watch collector’s dream to walk into a thrift shop and then find something valuable for next to nothing. Unfortunately, with the advent of the Internet, such things rarely, if ever, happen. All it takes is a few keystrokes and mouse clicks and you can get a rough idea of how much something is worth. However, a man recently found a rare LeCoultre Deep Sea Alarm and paid no more than $5.99 for it. Read this story here.
5. SIHH 2015: Lange novelties
A. Lange & Söhne debuted many interesting pieces at SIHH 2015. While the most impressive is arguably the Zeitwerk Minute Repeater, they also updated the Saxonia collection and Lange One watches. Another important new piece for this year is the Datograph Up/Down, which is now available in pink gold. This piece is special because the older Datograph in pink gold was said to be the only watch that watch legend Philip Dufour ever bought retail with his own money.