Neiman Marcus Gets Into the Vintage Watch Business
Vintage watch aficionados have a new place to shop for luxury timepieces as venerable retail chain Neiman Marcus has partnered with startup Crown & Caliber to offer a selection of pre-owned items from famous brands at select stores and online. Crown & Caliber was founded in 2012 as a brokering service for buyers and sellers of pre-owned luxury watches.
Customers can shop from a selection that features luxury names like IWC, Rolex and Patek Philippe available on an alternating basis. The stores will also offer consignment services where old watches can be traded in for Neiman Marcus credit with Crown & Caliber responsible for assessing the value of the timepieces.
For now, this service is available only in Neiman Marcus locations in Atlanta and Newport Beach, California, but vintage watch lovers in other areas can shop at the chain’s online store. Models currently for sale on the site include a Rolex Yacht-Master II for men in stainless steel and 18-karat rose gold for $22,635 that is listed as pre-owned. Omega, Vacheron Constantin and Patek Philippe are also represented among the 24 vintage watch items now offered on the site at prices up to $43,560.
Tiffany Unveils CT60 Collection
Despite an illustrious history of watchmaking going back more than 150 years Tiffany has been MIA in the watch business since a partnership with Swatch Group went sour a few years ago, resulting in dueling lawsuits. Now the Tiffany’s name is back in a big way with the CT60 collection.
This collection offers stainless steel or gold models for both men and women. One of the most memorable items is a limited edition 18-karat rose gold calendar watch that displays its place in a series of 60 through a sapphire crystal back. Prices for the CT60 collection start at $4,250 in the U.S. All models are now available at Tiffany stores worldwide.