Founder Paul Altieri hopes to grow at 35% per year and reach $100 million turnover within 5 years.
Partnership aims to help luxury watch owners and collectors trade-in their unwanted luxury timepieces and trade-up for a new watch on Troverie.
Chronofy helps jewelers, dealers and pawnbrokers to instantly work out prices for trade-in timepieces and mark them up for resale.
Authentication service aims to take the risk out of buying from the global marketplace.
James Hendy, eBay's head of authentication, describes how he plans to build trust in the platform's luxury watch category.
The service is currently only available for iPhone users, but the company is working on solving the technical challenges of making it work with Android.
Auction houses compete in a marketplace worth $8 billion per year, and are only scratching at the surface.
There was not a single precious metal watch among the dozen on sale, but the lowest price paid was for a 1983 Submariner that went for $11,100.
It is time for Swiss watchmakers to embrace the burgeoning market for pre-owned and vintage watches, says John Reardon.
Rolex partners that have invested in the brand for years unable to take care of their best customers and feeling under siege from flippers that are making a killing selling them online.