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Business News: Secondary Market Prices Climb, James Marks Jumps To Sotheby’s, Christie’s Grabs Cartier Watch Record Hodinkee
Patek Philippe Jun 1, 2026

Business News: Secondary Market Prices Climb, James Marks Jumps To Sotheby’s, Christie’s Grabs Cartier Watch Record

Summer shows no signs of slowing down - it's been a busy few weeks in the watch industry. Secondary market prices have posted gains for three consecutive quarters, the first sustained climb since 2022, suggesting the market may finally be stabilizing after the post-pandemic boom and correction. In the auction world, a veteran executive has made a high-profile move from Phillips to Sotheby's, and Christie's has just claimed the record for the most expensive Cartier wristwatch ever sold - a title that changed hands twice in the span of a few weeks. Here's a round-up of some of the latest business stories from around the industry. Secondary Market Watch Prices On A Winning Streak After years of declines, prices on the secondary watch market are stabilizing and have posted gains of more than 1% for three consecutive quarters, according to an analyst report from Morgan Stanley and WatchCharts. An index of pre-owned watch prices compiled by WatchCharts rose 1.9% in the first three months of the year from the previous quarter, led by gains from a wide swath of brands including Longines, Patek Philippe, and Zenith, the data shows.  It's the first time since 2022 that prices have climbed significantly for an extended period. The results suggest a broad recovery in secondary market values, driven by rising primary market prices, tariffs on watches entering the U.S., and increased confidence and interest in the pre-owned premium watch market.  The gains were broad-based, with 25 of...

Interview: Marc Michel-Amadry, Managing Director of Girard-Perregaux SJX Watches
Girard-Perregaux Appointed Managing Director Nov 11, 2025

Interview: Marc Michel-Amadry, Managing Director of Girard-Perregaux

Appointed Managing Director of Girard-Perregaux (GP) in early 2025, Marc Michel-Amadry has over two decades of leadership experience spanning both the auction world and fine watchmaking. A former head of Sotheby’s Switzerland and Chief Commercial Officer of IWC, he steps into the role at a pivotal moment for GP, which has spent the past three years refining its identity as an independent brand, alongside its sister brand Ulysse Nardin in the Sowind Group. I sat down with Mr Michel-Amadry not long after he took office to discuss what he has in store. Our conversation touched on the enduring relevance of the Laureato, the renewed importance of in-house innovation, and his plans to restore GP to its former glory. The interview was edited for length and clarity. SJX: You’ve covered a wide range of the industry, having worked with niche brands, major brands, and big groups. Tell us how you ended up at GP. MMA: People often tell me I don’t have a typical career path. Usually, you start somewhere and stay within the same group. But for me, every step has to have a purpose. I’ve always wanted to work for a brand that means something. By coincidence, I was born in La Chaux-de-Fonds - the home of GP. It’s a brand I’ve always followed. I met Luigi Macaluso early in my career and was struck by the sophistication and beauty of the brand. Beyond its know-how and history, GP has always expressed its own design because everything is in-house. Luigi “Gino” Macaluso, forme...

W Worn & Wound
Worn & Wound
Dec 19, 2024

Ultimate Gift Guide for the Zombie Apocalypse Featuring Terra Cielo Mare’s Orienteering Quota 8611

Yes. It’s the holiday gift guide to end all gift guides. When the grid goes down and there’s nowhere else to run, we’ve gathered the ultimate guide of goods for surviving the zombie apocalypse in style. Helmed by the Orienteering Quota 8611, created by our friends at Terra Cielo Mare-a younger sibling to the watch worn by Brad Pitt’s character in the Hollywood epic World War Z-these essentials are designed to help you hide, hunker, and hike your way out of harm’s way. Infected or not, these gifts are ideal for that fan of the genre, or that gear-minded guru in your life. Now follow us into the abyss through a series of journal entries discovered from the zombie apocalypse that could have been.   Journal Entry – Day 8 of the Zombie Apocalypse – 9:12 AM I glance at my wristwatch to check the time. It’s been three hours since we last heard the inhuman howls of the undead. Thankfully, the large, lumed numerals on the dial of this 44mm, burly timepiece are easy to read. They were absolutely everywhere, and the only thing standing between me and becoming their next meal was my Terra Cielo Mare Orienteering Quota 8611. Its rugged, Italian design was perfect for the chaos, but it was the internal bezel compass feature that truly saved me. As the horde closed in, I rotated the bezel to align with my escape route. Thanks to the precise markings and the luminous dial, I could navigate the streets with ease. The shock-resistant build held up as I scrambled over ru...

Business News: Biver Names James Marks CEO SJX Watches
Blancpain Jul 19, 2024

Business News: Biver Names James Marks CEO

Established two years ago by Jean-Claude Biver and his son Pierre, Biver has just named the first outsider to its management ranks with James Marks as chief executive officer. The longtime head of Phillips Perpetual, the auctioneer’s watch boutique headquartered in London, Mr Marks is now based in Zurich for his new role; he remains a consultant to Phillips. (Pictured above, from left: James Marks, Jean-Claude and Pierre Biver.) Now 74 years old, the inimitable Jean-Claude Biver is something of an industry legend for having resurrected Blancpain and Hublot, but his eponymous brand is the first venture that is his own. Or more specifically, a Biver family affair: his youngest son Pierre, who is turning 25 this year, was cofounder of the brand. Mr Marks, who is 44 years old, will both help lead the brand as well as manage the transition from one generation of Bivers to the next. The movement of the one-off Biver Catharsis Minute Repeater Carillon Mr Marks is a longtime watch enthusiast who was a fund manager before he joined the watch industry six years ago. Soon after he set up Perpetual, a then-novel concept for an auction house where watches were available for sale year-round and not only during auction season. One of his earliest hires was Pierre Biver as an intern. Both an industry insider and outsider, Mr Marks is expected to bring a new perspective to Biver. Although the brand has only sold a few dozen watches to date, it has garnered volumes of praise and criticism...

Lange Marks the Datograph’s 25th Anniversary in White Gold and Blue SJX Watches
Casio n Though left unstated Apr 9, 2024

Lange Marks the Datograph’s 25th Anniversary in White Gold and Blue

A. Lange & Söhne is marking 25 years of its landmark chronograph of 1999 with the Datograph Up/Down “25th Anniversary”, a limited edition that’s a subtle but significant variation of the familiar model. The anniversary Datograph sports a dark blue dial matched with a white gold case that contains the much loved L951.6 movement. Limited to 125 pieces, the new model joins the regular production versions in platinum and pink gold (both with black dials) that remain in the catalogue. And it’s the more affordable of the anniversary editions, with the flagship being the Datograph Perpetual Tourbillon Honeygold “Lumen”. Initial thoughts While the anniversary Datograph doesn’t seem like much on the face of it, the colour and material is fairly unique for the model. The Datograph has only ever been offered in platinum, pink or yellow gold, and never before with a blue dial (except on one occasion). Though left unstated in the official announcement, the blue dial is clearly a reference to a unique example of the first-generation Datograph that had a blue dial, something that fans of the brand will appreciate. Moreover, the Datograph is rarely iterated as a limited edition. This is only the third Datograph limited edition (following the Datograph Lumen of 2019), leaving aside gem-set models. Consequently, there’s a lot to like about this, with a big caveat. As comparably-priced alternative to the regular production models, this is a compelling proposition. However, ...

Sarpaneva’s Latest is a Glow-in-the-Dark Fairytale Landscape SJX Watches
Sarpaneva Jul 13, 2022

Sarpaneva’s Latest is a Glow-in-the-Dark Fairytale Landscape

Finnish independent watchmaker Stepan Sarpaneva has once again turned to a Finnish artist for the Nocturne, a wristwatch that combines the technicolour luminosity of the brand’s Moomin editions with its trademark complication. Starkly monochromatic during the day, the multi-part dial comes to life at night, thanks to the nine colours of luminous paint that fill the hundreds of tiny apertures all precisely cut by laser. And sitting in the an window that occupies a third of the dial is a huge moon “face” that instantly marks this out as a Sarpaneva. Initial thoughts Though the Nocturne looks quite different from the brand’s past watches yet quintessentially Sarpaneva in style and execution. Although it relies on a similar decorative technique as the earlier Moomin edition, the Nocturne is far more distinct. And the slightly gothic style suits the Sarpaneva aesthetic perfectly. I like the design and being familiar with Sarpaneva’s other watches, I expect the quality of the dial to be excellent. In all tangible terms the watch is winner. But then there’s the price, which is substantial. The Nocturne costs €19,000. That’s within the ballpark for the brand’s moon-phase models, with the premium justified by the fancy dial. And compared to the broader market – especially with the current hype around independent watchmaking regardless of quality or provenance – it’s still a reasonable proposition. But it is pricey compared to Sarpaneva’s earlier offering...

Hands On: Tudor Monarch SJX Watches
Tudor Monarch Tudor marks 5 days ago

Hands On: Tudor Monarch

Tudor marks its 100th birthday by reviving the Monarch with a completely new look — one that captures the spirit of the brand’s founding decade, reinterpreted for the 21st century. The Monarch manages to be both sporty and dressy, with a distinctive design and upmarket build that proves Tudor has aspirations beyond the Black Bay. Initial thoughts Tudor turns 100 stronger than it’s ever been. The brand that once trafficked in cheaper versions of Rolex models can now bring compelling products like this to market with impressive regularity. That said, the brand tends to be at its best when it comes to sports watches like the Black Bay — what Tudor calls its ‘classic watches’ have had less market impact. In this context, the Monarch represents a major step forward for Tudor. It’s dressy without looking derivative, and robust enough for everyday wear. In short, the Monarch rules. Image – Tudor Much of Tudor’s current collection takes heavy inspiration from its deep back catalogue. That isn’t the case for the Monarch, which shares nothing with the 1990s and 2000s Monarchs save for the name and shield at 12 o’clock. Instead, the Monarch’s design celebrates the earliest years of Tudor — the 1920s — which was a transitional period in which wristwatch production had not yet equalled that of pocket watches. Watchmakers at the time weren’t yet sure what kinds of wristwatches people wanted, and the era is marked by expressive and experimental designs. Beca...

Parmigiani’s Carillon Tourbillon Caps Three Decades SJX Watches
Parmigiani Fleurier introduces Jun 2, 2026

Parmigiani’s Carillon Tourbillon Caps Three Decades

Parmigiani Fleurier introduces the Carillon Tourbillon to mark three decades of the brand, and to celebrate how it all began — by restoring antiques. Inspired by an early 19th-century watch founder Michel Parmigiani brought back to life decades ago, the watch repeats the minutes on four serpentine gongs with exposed repeater work, and a tourbillon, and somehow manages to fit 12 days of power reserve into a case that’s just 41.6 mm in diameter and 12.6 mm thick. Initial thoughts My first thought on seeing the movement was that it looked like something from the early 19th century, with exposed repeater work and serpentine gongs. That was, of course, the intent. In 1980, Michel Parmigiani became a steward of Maurice Yves Sandoz’s collection of antique watches and automata. There he worked on a wandering hours quarter repeater signed Perrin Frères, which inspired the present watch. The Perrin Frères repeater that inspired the Carillon Tourbillon. Image – Parmigiani Fleurier Modern collectors have relatively little interest in this genre, and a nearly identical watch — this time signed Vaucher Frères, the firm after which the modern Vaucher company is named — sold for only CHF21,000 at Christie’s two years ago. But the watch’s esoteric design and unique story made it ripe for revival. But of course it’s not an exact replica. This modern homage is a keyless winding lever watch, while the inspiration was key wind with a cylinder escapement. As a pleasant surp...

Ming, How’s the Peeping? Introducing the 29.06 Peep Show Worn & Wound
Ulysse Nardin are May 12, 2026

Ming, How’s the Peeping? Introducing the 29.06 Peep Show

Naming a watch is important. This goes without saying, probably, but it’s something we don’t really talk about or think about enough. Just last week I was having a conversation with a colleague about how unfortunate it is that Grand Seiko seems to keep missing the mark with naming conventions. With so many releases, it’s tough to keep individual reference numbers at the front of the mind, and “Tentagraph” has yet to permeate watch culture in the way the brand perhaps thought it would. Some brands have a knack for coming up with catchy and distinctive names for watches that both make a ton of sense and are easily remembered and associated with a given watch. The team at Ulysse Nardin are the kings of this. The Freak? The Super Freak?? The Blast??? All immediately iconic in my opinion.  Today, Ming joins the Watch Name Hall of Fame (side note: that’s an article idea we’ll be pursuing shortly, I’ve just decided) with the Peep Show. When the Ming team first showed us a prototype of the Peep Show at Geneva Watch Days last year, we were led to believe it was a working name, or a code word for a product that was not fully fleshed out. Obviously we all thought it was pretty amusing at the time. But just last month, during Watches & Wonders week, when I learned that Peep Show was indeed the official name of the watch, well, let’s just say I was surprised and delighted, because it’s honestly perfect.  What is the Peep Show, you might be asking yourself at this ...

Fratello’s Top 5 Favorite Recent Audemars Piguet Releases Fratello
Audemars Piguet Releases Jan 30, 2026

Fratello’s Top 5 Favorite Recent Audemars Piguet Releases

At the beginning of every year, Audemars Piguet graces us with a series of novelties. Last year was a big one for Audemars Piguet, with the unveiling of some brilliant new releases to mark its 150th anniversary. Among them were the new Royal Oak Perpetual Calendar and the Royal Oak Chronograph. These two watches introduced […] Visit Fratello’s Top 5 Favorite Recent Audemars Piguet Releases to read the full article.

Interview – Jérôme Lambert on his Comeback as CEO of Jaeger-LeCoultre, His Plans and The Collectibles Monochrome
Jaeger-LeCoultre His Plans Jul 2, 2025

Interview – Jérôme Lambert on his Comeback as CEO of Jaeger-LeCoultre, His Plans and The Collectibles

I have known Jérôme Lambert for longer than I want to admit. The man started his watchmaking career right there, at La Grande Maison, or the Watchmaker of Watchmakers. Lambert has already been CEO of Jaeger-LeCoultre from 2002 to 2013, and he left his mark on the brand. Strong collections, focus on complications and high-end […]

Introducing: The Robot Albatros - The Brand’s First Aeronautical Watch Fratello
Feb 27, 2025

Introducing: The Robot Albatros - The Brand’s First Aeronautical Watch

The watch brand Robot has been around for seven years now and has convincingly made its mark in the watch world. The brand takes inspiration from the rich cultural and technological heritage of the Czech Republic, aiming to revive its traditions and legacy. Meanwhile, eight collections have entered the stage, and today, we’ll introduce Robot’s […] Visit Introducing: The Robot Albatros - The Brand’s First Aeronautical Watch to read the full article.

Omega Artfully Revives the 1950s Gentleman’s Wristwatch SJX Watches
Omega Artfully Revives Feb 6, 2025

Omega Artfully Revives the 1950s Gentleman’s Wristwatch

One year from now, the 2026 Winter Olympics will commence in Italy. To mark the milestone, Omega has created one of its most striking vintage reissues to date, the Seamaster 37 mm Milano Cortina 2026. A homage to the vintage Seamaster Olympic created for the 1956 Melbourne Games, the new edition stays true to its heritage, but isn’t a one-for-one remake. Instead it’s is a blend of elements characteristic of 1950s Omega watches, including distinctive “dog leg” lugs and hexagonal crown of the Constellation, along with a white grand feu enamel dial that’s a nod to the cream enamel dial of the Seamaster Olympic. Initial thoughts The new Seamaster revives some of the best design elements of 1950s Omega wristwatches, primarily the Constellation, while incorporating the key details of the Seamaster Olympic. The mix works surprisingly well, and results in a watch that has a pleasing vintage feel. The case is a little bigger and thicker than the original, but still sized reasonably well. While it is not an imaginative creation, the new Seamaster looks good. The visual and tactile appeal will also be enhanced by the high quality of execution typical of modern Omega watches, especially on the dial and case. The Seamaster 37 mm costs US$19,300, leaving it amongst the pricier time-only watches in the Omega catalogue and well beyond the sweet spot on the price spectrum for the brand. That said, it is decent enough value considering the case in Moonshine gold, fired enamel dia...