Business Corner June 2018

The end of May thru the first week if June was show time in Las Vegas. Both the Word Wide Traders and the IWJG had very good attendance. The Las Vegas Antique and Jewelry show that followed was busy. Prices on Rolex watches were high with both buyers and sellers reluctant to deal. We could […]
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Business Corner May 2018

The strong dollar has made gray market watches easier to obtain. Gold also has declined $42 from last month. This could be in part because of the Korean detent. Also the strong job picture comes into play. Overall sales of Rolex and Patek men’s watches in the U.S. are good. Summer sales are usually slower […]
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Business Corner April 2018

There was a rumor that Basel Fair was closing after this years show. However they anticipated that there will be a March 2019 show. In the past two years, 850 exhibitors have dropped out of Basel World. Attendee has also dropped; 30% more or less, than the high of 2014. If rolex, Patek Philippe or […]
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Business Corner March 2018

In March last year, gold was trading at$1,228.30. Today it is $1,324. The Euro was trading at $1.0743; today at $1.2351 with the dollar down 14%. The Swiss franc today is $1.0567; a year ago it was $1.0027, down 6%. Today the British pound is $1.3944; a year ago it was $1.2384, down 12%. The […]
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