Business News: New Swiss Auctioneer Aims To Bring 'Artist's Resale Right' Concept To Independent Watchmaker Sales


Revolutionizing the Watch Industry: Introducing the Artist's Resale Right Concept to Independent Watchmakers

The world of independent watchmaking is on the cusp of a significant change, thanks to a new Swiss auctioneer who is introducing a concept inspired by the "artist's resale right" principle. This concept, which is already applied in the art world, entitles creators to a percentage of the resale value of their work. The auctioneer aims to bring this idea to the watch industry, where independent watchmakers would receive a royalty on the resale of their timepieces. This innovative approach could have a far-reaching impact on the industry, recognizing the value that independent watchmakers bring to their creations and rewarding them for their craftsmanship and innovation.

The idea behind this concept is to create a more equitable and sustainable market for independent watchmaking. By giving watchmakers a percentage of the resale value, the auctioneer hopes to provide them with a new stream of income and promote transparency and fairness in the market. This, in turn, could lead to a more balanced and sustainable industry, where watchmakers are rewarded for their contributions and collectors can appreciate the value of unique and crafted timepieces. As seen in the photo by Javon Swaby, the attention to detail and craftsmanship that goes into each timepiece is truly exceptional, and this concept aims to acknowledge and reward that.

The auctioneer plans to work closely with independent watchmakers to implement this concept, which could potentially change the way the industry approaches resale and secondary market sales. By introducing this concept, the auctioneer is seeking to create a more sustainable market, where watchmakers are recognized for their creative and craftsmanship value. This could have a significant impact on the independent watchmaking industry, allowing collectors to appreciate the true value of their timepieces and providing watchmakers with a new source of income. As the industry continues to evolve, it will be interesting to see how this concept is received and how it will shape the future of independent watchmaking.

In conclusion, the introduction of the artist's resale right concept to independent watchmakers is a significant development in the watch industry. As collectors and enthusiasts, it's essential to stay informed and adapt to these changes. With the rise of counterfeit watches, it's more important than ever to prioritize authenticity and expertise. Take the first step towards securing your passion for luxury watches today, get the TrustWatch system now and join a community of discerning collectors who prioritize authenticity and expertise. With TrustWatch, you’ll have the power of AI-driven authentication at your fingertips, ensuring that every watch in your collection is genuinely what it claims to be. Don’t let the fear of counterfeits hold you back — embrace the future of watch authentication and elevate your collecting experience.

Comments

Post a Comment

Popular posts from this blog

Introducing: The Serica 5303 PLD Limited Edition Is Designed For French Naval Divers

Image
The Serica 5303 PLD: A Limited Edition Watch Designed for French Naval Divers The Serica 5303 PLD limited edition watch is a special timepiece designed for French naval divers, in collaboration with the French Navy's combat swimmers, known as the "Plongeurs du Commando" or PLD. The PLD is an elite unit that requires its divers to undergo rigorous training and face challenging underwater conditions. This watch is a testament to the bravery and skill of these divers, and its design reflects the PLD's values of strength, discipline, and teamwork. Photo credit: Mister Mister. The Serica 5303 PLD watch features a robust design, with a 39mm case made from stainless steel and a unidirectional rotating bezel. The watch is powered by a reliable automatic movement and has a water resistance of 300 meters, making it suitable for diving and other underwater activities. The watch's design is inspired by the French Navy's heritage and the PLD's insignia, with a dist...
Read more

Reference Points: The Cartier Tank Louis

Image
The Timeless Elegance of the Cartier Tank Louis: A Watchmaking Icon The Cartier Tank Louis is a watch model that has been a symbol of elegance and sophistication for over a century. First introduced in 1917, the watch was designed by Louis Cartier, the grandson of the company's founder. The Tank Louis was inspired by the shape of a World War I tank, with a rectangular case and a distinctive bridle strap. As seen in the photo by Tima Miroshnichenko , the watch's design is a masterclass in understated luxury. Initially met with skepticism, the Tank Louis soon became popular among the elite, including European royalty and Hollywood stars. Over the years, the watch has undergone several updates and revisions, but its core design has remained the same. The watch has been made in various materials, including gold, platinum, and steel, and has been paired with a range of straps, from leather to metal. This versatility has helped to ensure the Tank Louis remains a highly sought-aft...
Read more

Introducing: The Longines Spirit Zulu Time 1925 (Live Pics And Pricing)

Image
The Longines Spirit Zulu Time 1925: A Timepiece Inspired by the Spirit of Adventure The Longines Spirit Zulu Time 1925 is a new watch that pays homage to the brand's rich history of creating timepieces for explorers and aviators. The watch is inspired by a 1925 model that was designed for long-distance flights and features a unique "Zulu time" display, which shows Greenwich Mean Time (GMT) in a 24-hour format. This feature is a nod to the early days of aviation, when pilots needed to keep track of time across different time zones. All photos in this article are courtesy of Marius Mann. The watch has a 42mm case and is available in three different dial colors: matt black, grained silver, and sunray blue. It is powered by the Calibre L844.4, a self-winding movement with a 72-hour power reserve. The watch also features a date display at 3 o'clock and a 24-hour scale on the bezel. The combination of these features makes the Longines Spirit Zulu Time 1925 a highly func...
Read more