That Abraham-Louis Breguet sold just 35 tourbillon watches in his lifetime gives some idea of the extreme complexity of this mechanism. Introduced in 2013 and returning this year as a skeletonised version, the Classique Tourbillon Extra-Thin Automatic 5377 celebrates this legacy.
Last year Richemont announced its acquisition of Watchfinder.com, sealing its entry into the pre-owned market. More recently, the multi-brand Bucherer store in Geneva opened a fourth-floor Gallery dedicated to the buying and selling of vintage watches. And Antoine de Macedo in Paris? He has been buying, selling and servicing high-end pre-owned watches for 33 years.
Marc Frisanco, an expert in the fight against counterfeiting for the Richemont Group, reviews the situation and looks at how this plague on the watch industry has become more global, more active, and how its intermediaries have grown more powerful.
The potential closing of Geneva's watch making Museum poses the question of replacing this type of institution by private areas, of which there are more and more.