News Archives - The Truth About Watches

Rolex Buys Bucherer

Thu, 24 Aug 2023 16:29:01 +0000

Rolex buys Bucherer? Watchpro.com points out that the Tourneau/Bucherer retail chain is “probably the biggest luxury watch retailers in the world with more than 100 points of sale worldwide, half of which sell Rolex and 48 have Tudor.” Including America’s largest luxury watch store, in Vegas, of course. Rolex needs more retailers? I don’t think […]

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Was Anthony Farrer – The Timepiece Gentleman – Robbed? Twice?

Wed, 16 Aug 2023 17:42:25 +0000

Six days ago, watch dealer Anthony Farrer (a.k.a., the Timepiece Gentleman) posted his last YouTube video (The Timepiece Gentleman Quits, Heading for Jail). This after sending a self-serving, narcissistic, self-pitying email to customers whose consigned watches “went missing” (The Timepiece Gentleman – Road to Redemption?) That got me thinking… Was Anthony Farrer robbed at the […]

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The Timepiece Gentleman Quits, Heading for Jail

Fri, 11 Aug 2023 18:09:08 +0000

We’ve been following the rise and fall – mostly fall – of the Timepiece Gentleman. Anthony Farrar’s fortunes failed when the ex-con admitted he’d “misplaced” some $2m worth of his customers’ watches. D’oh! After four days of posting “road to redemption” videos, the dealer is dealing himself out. According to the TPG, he’s “brought a […]

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Rolex Rippers Strike Again! Here’s How to Protect Yourself

Mon, 24 Jul 2023 21:31:32 +0000

It’s been a while since I tackled the topic of Rolex rippers. That’s because I took a LONG break from The Truth About Watches. Truth be told, I burned out. When I went back to see how the old girl was doing in cryogenic suspension, I was surprised to see healthy traffic. As I spool-up […]

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Is The Speedygate Fake OMEGA The Tip of the Iceberg?

Fri, 21 Jul 2023 22:03:39 +0000

The Speedygate scandal proceeds apace. As you probably know, three [now fired] Swatch employees stand accused of conspiring to flog a fake 1957 OMEGA Speedmaster, sold by Phillips auction house for a cool $3.4m. Two years later… The Swatch Group has finally filed a criminal complaint with Swiss prosecutors against the three still-unidentified perps. A spokesman from […]

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Swatch to Malaysia: Return Our Pride Watches!

Wed, 19 Jul 2023 12:11:17 +0000

Yesterday, the Swatch Group filed a lawsuit against the Malaysian government. Swatch wants the government to return confiscated watches celebrating LGBTQ+ rights. Back in March… Officers from the Malaysian Home Ministry seized 172 Swatches from 11 in-country shopping malls, with a combined retail value of 64,795 ringgit ($14,250.05). The watches include the six designs above. […]

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Luxury Watch Money Laundering – Inflating Prices?

Wed, 30 Nov 2022 17:27:45 +0000

Luxury watch money laundering is simple enough. The criminal buys an expensive watch with dirty money, then sells it for “clean” cash. Or doesn’t sell it . . . [Note: Except for the above image, pictures do not imply money laundering activity.] He can take a loan against the watch (deducting interest payments from his […]

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