A global survey conducted by The Watch Register reveals that the pre-owned luxury watch market is heavily saturated with potentially stolen goods. An overwhelming 91% of international retailers report regular encounters with suspicious timepieces, with a significant 20% of dealers being approached several times a week. The data highlights a pervasive issue within the industry, as a further 71% of respondents encounter questionable inventory multiple times a month, leaving a mere 2% of professionals who claim to never face the challenge of suspected stolen property.
Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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