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Will Watches & Wonders 2021 Be Bad for Independents? | Market Wrap

He’s not a broken record – the watch market continues to strengthen week after week! Welcome to the latest episode of Market Wrap, during which Mike Manjos discusses the upcoming Watches & Wonders fair, consolidation within the pre-owned market, and everyone’s current obsession with Clubhouse. Reminder: Join us on Mondays from 4:00-5:00pm EST for a Market Wrap conversation on Clubhouse with collectors, friends, and people in the industry. All are welcome! Our show opens with three stand-out watches that arrived at WatchBox over the week, including a spectacular Rolex Submariner with a diamond and sapphire bezel (116659SABR), an old school Vacheron Constantin Overseas in yellow gold (42052/423J), and the Greubel Forsey Double Tourbillon 30 Degree Vision. For this week’s main segment, Mike turns his attention to the upcoming watch fairs. Watches & Wonders bit the bullet late last year and announced its shift to an all-digital event in April, during which 40+ brands – including major players in the market, Rolex and Patek Philippe – will present their novelties to a global audience. Will introductions from these powerhouse brands overshadow those from the industry’s beloved independent watchmakers? One of the unexpected perks of 2020 was an irregular cadence of watch introductions from brands large and small. And while we always look forward to new watches entering the market, Mike wonders where the collective attention will flow with concurrent digital introductions. Hodinkee’s acquisition of Crown & Caliber was another hot topic of the week, a sign of the continued growth and success of the pre-owned luxury watch market. At WatchBox, we are undeniably optimistic about the future of this market and wish the best to both teams as we continue to support the growth of this space. Our show wraps up with a selection of watches we are looking to purchase; early A. Lange & Söhne Datographs, Rolex Daytonas in stainless steel with Cerachrom bezels and white dials (116500LN-0001), and pieces by Grönefeld, the horological brothers. Contact one of our client advisors [marketwrap@thewatchbox.com] to talk about the process of selling your watch to WatchBox – whether you have one of these models or another timepiece you wish to sell or trade. Watch SKUs: Rolex Submariner - 4421657 Vacheron Constantin Overseas - 4421665 Greubel Forsey Double Tourbillon 30 Degree Vision - 4420915 00:00 Introduction 00:22 Rolex Submariner 00:43 Vacheron Constantin Overseas 01:02 Greubel Forsey Double Tourbillon 30 Degree Vision 01:19 Watches & Wonders 2021 03:12 Hodinkee Buys Crown & Caliber 04:02 Market Wrap Now on Clubhouse 04:36 What We're Buying Check out our newsletter: https://www.thewatchbox.com/blog/our-house-issue-2.html?utm_source=youtube.com&utm_medium=referral&utm_campaign=marketwrap Please Subscribe: https://www.youtube.com/c/WatchBoxStudios/?sub_confirmation=1 View hundreds of hands-on luxury watch reviews at our WatchBox Reviews channel: https://www.youtube.com/c/WatchBoxReviews/?sub_confirmation=1 Instagram: https://www.instagram.com/watchbox BUY WATCHES HERE: https://www.thewatchbox.com