Backes & Strauss offers shared ownership of “most unique and rarest” watches with new partnership


Backes & Strauss says it is delighted to be offering shared ownership of its best timepieces as part of a new partnership.

In teaming up with Covett, a shared ownership platform, Backes & Strauss will allow people access to its “most unique and rarest” watches as a co-owner.

The co-owner would own an equal 20% share of an item which will be shared among 3 other co-owners.


Covett also retains a 20 % share and to cover logistics, cleaning and maintenance, and insurance.

In announcing the news Covett was detailed to be a platform that is all about providing access to luxury goods, allowing more people to enjoy them.

The business said: “Championing conscious consumerism and celebrating tech-enabled ways to achieve abundance, this is a theme we like to call “Covettism,” and we could not be prouder to bring this to Backes & Strauss.”

Previous articleBest watches to invest in right now from Rolex, Omega, Audemars Piguet and others
Next articleClockwork expertise registered as “intangible cultural heritage” with UNESCO


Please enter your comment!
Please enter your name here