After the 2016 Presidential Election in the United States, it is widely expected that there will be some economic uncertainty moving forward (at a minimum). This would affect the US, and by extension the world. Without going into a political rant, the reason for this is because proposed policies from the campaign trail point to an increase in interest rates, which basically means cost of living for the majority of people will go up. If this happens, luxuries are the first to get axed. Back in 2008 when the most recent financial crisis hit, the market was flooded with luxury cars, boats, and jewelry. It was only once the recovery really started to take hold the past couple years did we see, for example, an increase in watch prices to the point where records are being set all over the world.Read More
An interesting subject in collecting vintage watches for me has always been those so called "dead" watch brands that made chronographs pre-1970's.
Once the quartz crisis took hold, only a few managed to actually survive, and the majority of those were bought by the Swatch Group or other large conglomerates.
The rest, all gone (unless their names alone have been revived for some marketing reason).
Names like Nicolet, Gigadnet, Wakmann, Cyma, Gallet, Zodiac, etc. There were literally hundreds of these brand names that popup up pre-1970s. Some were owned by bigger brands, for example, Wakmann, which belongs to Breitling. This brand was used to assemble watches in the USA to avoid certain taxes when the watches entered assembled.Read More