Archive for March, 2007

E-Commerce Web Site to Bring Watch Dealers and Retailers Together

Mar 29th, 2007 Comments (0) 2,148 views
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The International Watch and Jewelry Guild has partnered with The Watch Dealers Network to create an e-commerce B2B network specializing in watches. It will allow watch dealers and retailers a place on the Web to buy and sell vintage and new watches within an international network, immediately. Only those in the trade will be able to access the site.

"Finally both industries will know exactly where to find each other with no delay," said B. Bullock, president of the IWJG, and head of Bullock Estate & Diamond Brokers of Houston. "The networks ability to connect with each other instantly will benefit everyone."

528 words. Estimation reading time: 2:07 mins
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Beauty and the Rest: Watch Highlights from BaselWorld 2007

Mar 15th, 2007 Comments (0) 1,843 views
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Watch vendors at BaselWorld 2007 say they had one of their best shows at the 35th annual trade fair on the Rhine in Switzerland. But the show—the world’s largest and most important watch trade fair—is never just about the amount of orders and visitors.

For nine days each year, this is the center of the watch universe, with a variety of fascinating news, events and announcements. Here are some of them this year.

906 words. Estimation reading time: 3:37 mins
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Omega watch auction nets $5.4 million in sales

Mar 7th, 2007 Comments (0) 1,580 views
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Geneva—”Omegamania,” organized by Antiquorum Auctioneers, brought in about $5.4 million, selling all 300 lots for triple their presale estimates, and setting a world record for the highest price ever paid for an Omega watch at auction.

The top record-setting lot was a Platinum Constellation Grand Luxe, circa 1953. It went to a Swiss bidder for approximately $342,209, who held off fierce competition from Italy and Japan.

Another choice item was a Seamaster Planet Ocean, worn by current James Bond actor Daniel Craig during the filming of
Casino Royal
. An anonymous bidder from the United Kingdom came away with the prize for about $207,033, after intense bidding.

342 words. Estimation reading time: 1:22 mins
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