
Hammer, Premium, Withdrawal: How the Auction Economy of Watches Really Works
Estimates are marketing, reserves are private, and the buyer's premium is up to 25 percent — the mechanics behind every six-figure watch result you read.
Luxury covers the houses and their craft: materials, ateliers, resale value and the reasons one piece holds its worth while another does not. Written for readers weighing construction before price.

Estimates are marketing, reserves are private, and the buyer's premium is up to 25 percent — the mechanics behind every six-figure watch result you read.

Hundreds of hours, a dozen specialist hands and one non-negotiable rule — the metal serves the stone — inside the making of a high jewelry necklace.

Two needles, one thread and no sewing machine: why the saddle stitch remains the dividing line between a bonded bag and a repairable one.

Inside the anglage, perlage and black polish that separate a $500 movement from a $50,000 one — and how to see the difference without a loupe.