Posts Tagged ‘ Luxury good ’

The Las Vegas Antique Jewelry and Watch Trade Show is Quicly Upon Us! …

The storefront felt a bit empty today. This is probably because our VP and Jewelry Designer/Gemologist are setting up our Booth, #1455, at the Las Vegas Antique Jewelry & Watch Show from June 2-5!  I received some insights as to what the scene is there in the city of sin (in regards to the jewelry industry anyway.)

Watches

Diamonds - GIA Certified

Prices are sticking even firmer than previously expected. This should be a positive venture for Dealer’s, as emerging markets (such as Asia, etc) have been driving up the prices. With the integration of the recent price increase on these particular items and the addition of the overseas funds, prices are seemingly spiraling out of control, even prior to the official opening of the antique jewelry trade show!

Diamond and Luxury Watches are thus far recognized as the most highly sought after pieces, as there are severe shortages of both in the Country as of late. Companies like Rolex and Patek Philippe are shipping goods primarily to the Asian and European markets, and effectively the US. dealers in the US have seriously slim showcases.

Bigger is Not Always Better!- Watch Sell

Watch Sell

Vintage Patek Philippe

Over the last decade there has been a large shift in the luxury watch market towards timepieces with big and over sized cases. Many luxury brands such as Panerai, Ulysse Nardin, Breitling and Omega have released collections with cases that measured 44mm diameter or larger. Even Rolex who has a history of making mid sized watches embraced the trend; in 2007 they released the Yacht-Master II with a case that measured 44mm. The Yacht-Master II like many large watches has a thick case that really make it’s presence known and can even make the biggest wrist look small. These large sports watches are great attention getter and suit those who don’t mind having their watch get all the limelight.

Now during the past couple of years there has been a steadily growing group of consumers who are pushing for a return to form. This growing segment of  the market is purchasing timepieces that mirror the trends of the past, when watches rarely exceeded 37mm. The timepieces of the 50’s and 60’s traded flash for a more subdued beauty; these watches were made to compliment an outfit rather than outshine it. A great example of a classically created watch is the Patek Philippe Calatrava with a 37mm case, a stark, cream colored dial and only a small second sub dial. These type of watches tend to be attached to beautiful brown/black crocodile straps or had a small stainless steel bands. This new trend is so strong that consumers who can’t find a more modern interpretation of the classic wristwatch are actually going out and buying vintage pieces. We here at Raymond Lee Jewelers have a wide verity of vintage timepieces at amazing prices. Watch Sell.

Whether you prefer a large or a midsized watch, your watch collection in all honesty should have one of each. I know my last statement will sound like heresy to consumers who are steadfast in their adhere to a certain watch size but it is true. Watches are more than just a reliable way to tell time; they are silent and unique way of expressing something about ourselves to the world. Both watches have their time and place for example a large watch should be worn with a more casual outfit to spice it up. If you are dressing for a date or important social event, large wristwatches are a great option as they tend to attract attention and stands you out from the crowd. A midsized watch on the other hand should be worn at the office especially if you are wearing a suit. These watches lay low on the wrist and tend to only peek from underneath a dress shirt; giving those you work with a brief glimpse of luxury and often leave your coworkers wondering about whats on your wrist. These watches were created to enhance a great suit or tux not overpower it. If you are looking for a watch that is in-between perhaps purchasing a midsized watch that has a rose gold case, this is a great compromise as it catches a lot of attention but still radiates a timeless presence.

-Carlos at Raymond Lee Jewelers

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The Rise of Digital in Swiss Watches- Watch Repair

Watch Repair

Watch Repair

The reign of the digital watch started in the early 80’s, after technology improved and lowered the cost for a digital display watch. These low priced LED or LCD watches became so popular that many luxury Swiss timepiece brands saw sales decline dramatically and even a few brands went out of business. It was not until the late 80’s that digital watches lost much of their popularity and Swiss retook the throne. It is no wonder many Swiss brands have shunned digital and rarely incorporate digital display into their watches. (It is important to note that these high end luxury brands will likely not have full digital displays, instead they will only have small digital displays with classic displays.) Watch Repair.

Lately it seems some Swiss brands have buried the hatchet and are starting to warm to digital displays. Breitling one of the top Swiss brands has really embraced digital and has many models that incorporate some form of digital into their displays. Some of Breitling’s most popular collections feature watches with digital dials such as: Breitling Aerospace Avantage, Breitling Airwolf, Breitling Emergency and Breitling Co-pilot.

TAG Heuer also has partial digital displays and even has one watch collection that has an all digital dial (TAG Heuer Microtimer). Having an all digital dial may not seem like such a big deal but it is quite rare for a high end Swiss watchmaker to have a watch with a full digital dial. TAG Heuer has quite a few partially digital dial watches: TAG Heuer F1 Chronotimer, TAG Heuer Monaco Sixty Nine and the TAG Heuer Aquaracer Chronotimer. My favorite would have to be the TAG Heuer Monaco Sixty Nine that has a really unique look with its large rectangle swivel case, mechanical and quartz movement.

-Carlos at Raymond Lee Jewelers

manufactures the following watch collections where watches have digital dials: TAG Heuer F1

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Chronotimer, TAG Heuer Microtimer, TAG Heuer Monaco Sixty Nine and TAG Heuer Aquaracer Chronotimer

How to spot a fake Louis Vuitton bag

Louis Vuitton Handbag

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Louis Vuitton has been manufacturing luxury handbags, accessories, clothing, and luggage for over 150 years.  As these luxury items have become increasingly popular, the market has also become flooded with replicas.  There are many key details to pay attention to when purchasing Louis Vuitton handbag to ensure authenticity.  The first clue, which may seem obvious,  is to make certain that Louis Vuitton actually manufactured the style you are looking at.  Certain models of Louis Vuitton handbag were only made in specific colors or sizes. Look out for this! A second thing to pay attention to is the scent.  A replica Louis Vuitton handbag has a much stronger leather smell than an  authentic Louis Vuitton handbag. The only way to understand the way to recognize  an authentic Louis Vuitton handbag by the scent is to purchase a real Louis Vuitton handbag and smell it.  Another thing to look for is the way the monogram is placed on a Louis Vuitton handbag.  The monogram should be symmetrical. The stitching on all Louis Vuitton handbag should be perfectly even. Louis Vuitton handbag command such a high price for a reason.  Most Louis Vuitton handbag are consistent with regards to their stitching. A popular example of this is shown in the Louis Vuitton Speedy bag where the handles meet the bag, there are five stitches going across the top.  Many people also assume that the presence of a date code guarantees authenticity. This is not always the case, however.  If the specific Louis Vuitton handbag that you are looking at should have a date code but does not, this could be a sign that it is counterfeit.  Certain models of Louis Vuitton bags did not have date codes if they were manufactured during certain years. Also pay attention to the location of the date code, an example would be that most Louis Vuitton speedy bags would have the same date code location, however the location of date codes sometimes differs between years.  Louis Vuitton began using date codes in the early 1980s, and they are usually very hard to spot, as they are sometimes hidden in the corners of pockets or in seams.  The leather used in authentic Louis Vuitton bags is not treated, and darkens to a honey color with use.  This is just a small sampling of key things to look for when trying to spot a fake Louis Vuitton handbag.

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