Friday, December 3, 2021
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WATCHPRO ORIGINALS: Shopworn.com turns last season’s stock into this year’s profit

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Larry Birnbaum, CEO of New Jersey-based Shopworn.com, buys unsold watches direct from brands or their authorized dealers and sells them online at sizeable discounts.

Customers demand deeper discounts from pre-owned watch traders

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Browsing for watches on the secondary market has spiked during lock down, but dealers are being offered much lower prices.

QUICKFIRE Q&A: John Pietrasz, co-founder of Delray Watch and Vault 303

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John Pietrasz, co-founder of Delray Watch and Vault 303 says when quarantines began in the United States, conversion rates grew considerably.

SwissLuxury.com says gray market has hit a cliff edge along with...

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Founder Darryl Randall says there is virtually no activity around the world on the buy side or sell side.

Delray Watch team launches exclusive high end trading platform for collectors

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Vault 303 aims to bring the curation of a high end boutique to the watches it buys and sells by concentrating on modern watches priced at $20,000 and over or vintage pieces selling for upwards of $10,000.

THE BIG INTERVIEW: Chrono24 CEO Tim Stracke predicts acceleration towards online...

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Chrono24's Big Data gives us a crystal ball to see how Coronavirus affects the behavior of consumers and dealers.

$100 million pre-owned watch wholesaler Boneta Inc. reaches out to the...

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The secondary market for luxury watches is estimated to be worth anything from $5 billion to $15 billion per year.

Pre-owned watch trading platform secures $65 million in additional funding

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Germany-based Chronext says it has secured a path to profitability with the additional venture capital cash injection.

Patek Philippe prowls the Internet looking for flippers

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Brand president Thierry Stern says he will act if retail partners are caught selling watches to known secondary market traders.

Nation’s 90-year-olds hoard the most valuable watches and jewelry

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The older you get, the more your treasures are likely to be worth on the secondary market, research discovers.