Horolonomics

Late last year, I had a chance to visit a truly special space in the United States: the workshop of an independent American watchmaker. Lovell Hunter showing components on a bench in his workshop. Photo Credit: Lovell Hunter's YouTube channel. I've written about Lovell Hunter before, I posted my first story about Lovell right here on Horolonomics. There, I described his career as a watchmaker for Breitling and his decisions to strike out on his own and launch an independent brand called Love Hunter Watches. Lovell and I have kept in touch since then and he periodically reaches out to share updates on the progress of his watch design as well as other updates regarding his brand. At one point, Lovell invited me to visit his workshop, which is located in Connecticut's Naugatuck River Valley. The location couldn't be more appropriate given that "Brass City," aka Waterbury, is located on the northern portion of the valley. Brass has historically, and presen

An AI generated image of a trendline overlaying the image of a watchshot. Back in April, I posted a summary of preowned watch price discounts from a major online retailer. The discounts were larger than I expected, averaging roughly 25%. This week, I received an email from the same retailer about another discount event, so I thought I would update the April exercise. Bottom line up front: the discounting continues but it may have slowed slightly. Let's get into the details. Chrono24's Chronopulse price index (disclosure: I participated in development of this index) shows that prices did increase by 6/10 of one percent heading into the beginning of May. Screenshot of some of the most recent market data from Chrono24's ChronoPulse. Aside from the traditional end-of-year holidays, graduation season in May / June is a high point for watch purchases as friends and relatives gift timepieces to new graduates. For this reason, the May uptick in prices may have been part

This month, Horolonomics celebrates its fifth birthday. It's gone by quickly. I'm proud of what I've achieved with this blog and it has been rewarding enough, in multiple ways, that I foresee continuing it for a good while. I will likely post a retrospective and prospective in the near future. But this post isn't about that. Instead, it is about another forthcoming post which will be ready soon(ish). AI generated image of a stack of books. I've decided to write a review of Pierre-Yves Donzé's book on Rolex entitled La Fabrique De L'Excellence (translation: The Manufacture of Excellence ). I want to explain why I've decided to do this and give some sense for what the review is likely to conclude, at least partly. In my mind, Donzé's book has three strikes against it, even before I've read it (it is in French, but thanks to technology I can handle the translation without difficulty). The first strike is a claim made on the back cover of t

Word is quickly spreading across mass media that a detectorist recently recovered a Rolex lost many years ago by a farmer in England. Did a cow eat a Rolex? When I read the initial coverage in British regional and national press, parts of the story seemed very confusing to me. So I did a little sleuthing and got in touch with a family member of the watch's original owner, who kindly agreed to answer some questions and share pictures of two watches involved in the chain of events. So here is my take on the tale. The articles I read suggested that the recovered Rolex had been eaten by a cow when it disappeared from farmer James Steele's wrist in 1974. If true, that means, at some point, the watch made a journey through the four chambers of the cow's stomach, exited stage tail, and lived in a field until the metal detector started wailing and the watch was recovered this year. So, the first question I asked of Steele's son, Andrew, was "How certain is your Dad

During a recent visit to a watch shop I was reminded of my state capitol building. A ground floor boutique in a major US city. The two wouldn't seem related: a capitol is the seat of government while a watch shop is a retail setting. But the shop I visited and my state capitol have one architectural feature in common: a mantrap for entering and exiting (also known as a sallyport). A mantrap is a "neutral zone," or buffer, separating a secure space from the outside world. It features two doors but each door will only unlock if the other door is locked (in other words, both doors will not simultaneously unlock except under extreme circumstances). Entering or exiting a space secured by a mantrap goes something like this: press a button for the door in front of you and someone buzzes it open. You enter the mantrap and the door you just used closes behind you and locks. You're "trapped." Then, provided conditions are right (you present ID or pass some kind o

A little more than two years ago, I published a post on Horolonomics entitled "Beware Mistaken Spreadsheet Authors: the LuxeConsult / Morgan Stanley Report." In that post, I questioned the accuracy of watch industry information offered by LuxeConsult / Morgan Stanley. You can visit that post for the details, but my concerns boil down to the fact that certain audited financial information was inconsistent with elements of the LuxeConsult / Morgan Stanley report. The dial of my Swatch Sistem 51 Blue Edition for Hodinkee, a project created during Mr. Hayek's continuing tenure at Swatch. My concerns were also motivated by the fact that this report published numbers about Rolex production, but Rolex themselves do not share production numbers with the public. A number is not data unless that number is gathered according to certain principles of measurement. For the life of me, I could not figure out how the authors of the LuxeConsult / Morgan Stanley report sourced their n