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If one strategy is being used to initially find a niche and grow your expertise in watch trading, that is a wise approach. One strategy being used as an ongoing game plan is actually the opposite. It can completely undo your hard work, deplete your funds, and catch you off guard leaving you out of …
Of this writing (August 2020) Panerai has made some really big mistakes regarding the market’s perception of the prestige of the brand as a giant in the luxury timepiece space. Under the guidance of the new CEO, Jean-Marc Pontroue, there have been questionable decisions that have taken the brand from the once top-tier collector grade …
One of the things that’s VIP that needs to be shared with anyone who is looking to be successful watch trading is you’re only as good and profitable in this business as the loyalty, integrity, and respect of the relationships you forge. Too many people you meet in the watch industry whether they’re dealers, independent …
As a watch trader, you may notice that there are certain months that seem “HOT” and some where you’re struggling to move any watches. While part of this certainly has to do with your own ability to sell and trade watches, another larger portion of it has to do with inter-year seasonal cycles of how …
It’s obvious that 2020 hasn’t gone the way a lot of people thought it would. You’re protecting yourself and others by staying inside and not traveling unless it’s a necessity, and at the same time limiting your money making and networking ability by not getting to connect with people the way you used to. Is …
Shipping and transporting luxury timepieces isn’t hard at all once you understand best practices and what pitfalls to avoid. Whether you’re transporting $2K watches domestic, or $200K watches internationally, there are ways to protect yourself and make it very cost effective and easy on yourself. The point of this article is to educate you on …
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