
Luxury Watch Scarcity Leads to Booming Market
Just like the art market, the watch market is manipulated by manufacturers and recent Covid-related disruption has impacted the production chain. A market which is dominated by big dealers and auction houses, also has secondary market participants and no real industry watchdog, creating a true laissez-faire marketplace. And when it comes to luxury watches, forgers are out to trick even the most attune eye and finding rare timepieces is also a challenge. As one of the most preferred consignors of luxury watches in the United States, LuxuryWatchesUSA has a diverse online marketplace (as well as a showroom in New York…