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Audemars Piguet Royal Oak Selfwinding
TOP
Audemars Piguet Royal Oak Selfwinding
R 457,696
Seller
LUXE WARE (HK) LIMITED
75
HK
Chronoswiss Opus Skeleton Rosegold Automatic Box Papier...
TOP
Chronoswiss Opus Skeleton Rosegold Automatic Box Papier...
R 145,125
Seller
Uhrenmarkt München
120
DE
Rolex Datejust Everose Two Tone  Gold MOP Diamond Dial 126301
TOP
Rolex Datejust Everose Two Tone Gold MOP Diamond Dial 126301
R 219,282
Seller
Harley's Time LLC
156
US
Rolex Datejust Edelstahl/ Gelbgold Oysterarmband Automatic...
TOP
Rolex Datejust Edelstahl/ Gelbgold Oysterarmband Automatic...
R 61,842
Seller
Timeless Watches GmbH
229
DE
Chopard L’heure Du Diamant Medium Oval – 139383-1001
TOP
Chopard L’heure Du Diamant Medium Oval – 139383-1001
R 930,288
Seller
Mall of the Watch
818
MC
Chopard Impériale Chronograph 18K Weißgold 3,24 CT Brillanten...
TOP
Chopard Impériale Chronograph 18K Weißgold 3,24 CT Brillanten...
R 256,919
Seller
Uhrenkapital
334
DE
Tudor Heritage Advisor 79620TN
TOP
Tudor Heritage Advisor 79620TN
R 59,754
Seller
Chase Hattan
24
UK
Longines Master Collection 42 mm
TOP
Longines Master Collection 42 mm
R 35,262
Seller
LUX-Timepieces GmbH
733
DE
Richard Mille RM010 Le Mans Classic Limited Edition 30 pcs
TOP
Richard Mille RM010 Le Mans Classic Limited Edition 30 pcs
R 1,284,683
Free shipping
Seller
AP Watches
14
ES
TAG Heuer Calibre 5 Aquaracer 500M
TAG Heuer Calibre 5 Aquaracer 500M
R 18,900
Seller
Private Seller
ZA
Ulysse Nardin Marine Chronograph
TOP
Ulysse Nardin Marine Chronograph
R 140,872
Seller
CANTELI JOYEROS SL
9
ES
Rolex Daytona White gold  Oro Bianco - Blue Dial - quadrante Blue
TOP
Rolex Daytona White gold Oro Bianco - Blue Dial - quadrante Blue
R 478,416
Seller
Plus Watch - Luxury Watches
2924
IT
Rolex Lady Datejust Lapis 18K GOLD GELBGOLD DAMENUHR
TOP
Rolex Lady Datejust Lapis 18K GOLD GELBGOLD DAMENUHR
R 115,001
Seller
Timeless Watches GmbH
229
DE
Breguet Transatlantique Type XX Chronograph Black Dial...
TOP
Breguet Transatlantique Type XX Chronograph Black Dial...
R 73,537
Free shipping
Seller
Pawndeluxe
168
NL
Hublot Big Bang 44 mm
Hublot Big Bang 44 mm
R 135,000
Seller
Private Seller
ZA
Maurice Lacroix MI1077
Maurice Lacroix MI1077
R 6,060
Seller
Private Seller
ZA
TAG Heuer Formula 1 Lady
TAG Heuer Formula 1 Lady
R 14,000
Seller
Private Seller
ZA
TAG Heuer Grand Carrera
TAG Heuer Grand Carrera
R 27,500
Seller
Private Seller
ZA
Rolex Day-Date President
TOP
Rolex Day-Date President
R 180,000
Seller
Private Seller
ZA
Chronoswiss regulateur
Chronoswiss regulateur
R 45,000
Seller
Private Seller
ZA
Omega Seamaster Diver 300 M
TOP
Omega Seamaster Diver 300 M
R 40,000
Seller
Private Seller
ZA
Patek Philippe Calatrava 18k Vintage small second Cal. 12-400...
TOP
Patek Philippe Calatrava 18k Vintage small second Cal. 12-400...
R 177,180
Seller
Uhrenkapital
334
DE
Patek Philippe Calatrava Oman 18K Gold Manual Service 04.2018
TOP
Patek Philippe Calatrava Oman 18K Gold Manual Service 04.2018
R 132,721
Seller
Timeless Watches GmbH
229
DE
Richard Mille RM 030 Carbon Gran Prix Brazil Limited Edition...
TOP
Richard Mille RM 030 Carbon Gran Prix Brazil Limited Edition...
R 1,727,677
Free shipping
Seller
AP Watches
14
ES
Rolex Ladies Oyster Perpetual Caramel 18K Solid Gold - Case 31mm
TOP
Rolex Ladies Oyster Perpetual Caramel 18K Solid Gold - Case 31mm
R 100,914
Free shipping
Seller
Pawndeluxe
168
NL
Rolex YACHT-MASTER Oyster, 40 mm,  Everose Pavè Diamonds
TOP
Rolex YACHT-MASTER Oyster, 40 mm, Everose Pavè Diamonds
R 611,314
Free shipping
Seller
Plus Watch - Luxury Watches
2924
IT
Girard Perregaux Vintage Chronograph
TOP
Girard Perregaux Vintage Chronograph
R 187,090
Seller
Metals In Time
6
US
Omega Seamaster Automatic Date Steel Mens Vintage Watch
Omega Seamaster Automatic Date Steel Mens Vintage Watch
R 12,927
Seller
Watch World Star
258
UK
Patek Philippe Annual Calender Moonface 5396/1r-001 Rose Gold...
TOP
Patek Philippe Annual Calender Moonface 5396/1r-001 Rose Gold...
R 724,864
Seller
Taleda
387
CH
Parmigiani Fleurier KALPA KALPAGRAPHE CHRONOGRAPH DATE 18K...
TOP
Parmigiani Fleurier KALPA KALPAGRAPHE CHRONOGRAPH DATE 18K...
R 184,943
Seller
A.S. INVESTMENTS SP. Z O.O.
125
PL
IWC 18K Gold vintage automatic date Cal 8541 1964
TOP
IWC 18K Gold vintage automatic date Cal 8541 1964
R 35,422
Seller
qualityextra
13
HU
TAG Heuer Monaco Steve McQueen Like Nos
TOP
TAG Heuer Monaco Steve McQueen Like Nos
R 230,357
Seller
MASTROLORENZI S.A.S DI MATTIA MASTROLORENZI & CO.
61
IT
Rolex UNPOLISHED 18K/SS GMT-Master ll Jubilee w/ Silver Serti...
TOP
Rolex UNPOLISHED 18K/SS GMT-Master ll Jubilee w/ Silver Serti...
R 196,861
Seller
Austins Watches Inc.
198
US
Omega Seamaster Vintage Hybrid Autoquartz Omegamatic - 2514.50.00
TOP
Omega Seamaster Vintage Hybrid Autoquartz Omegamatic - 2514.50.00
R 25,428
Free shipping
Seller
Pawndeluxe
168
NL
Rolex Day-Date
Rolex Day-Date
R 140,900
Seller
Luxurytime South Africa
ZA
Breguet Classique Automatico Brillantes
TOP
Breguet Classique Automatico Brillantes
R 229,471
Seller
Fernando Monge SA
126
ES
IWC Da Vinci Gold Uhr Chronograph Papiere Box 2002
TOP
IWC Da Vinci Gold Uhr Chronograph Papiere Box 2002
R 228,585
Seller
Juwelier Edmund Arnold GmbH
58
DE
Audemars Piguet Royal Oak Lady 67602bc.zz.1212bc.01 White Gold...
TOP
Audemars Piguet Royal Oak Lady 67602bc.zz.1212bc.01 White Gold...
R 772,137
Seller
Taleda
387
CH
Chronoswiss RÉGULATEUR TOURBILLON ROSE GOLD CH3121R - BOX &...
TOP
Chronoswiss RÉGULATEUR TOURBILLON ROSE GOLD CH3121R - BOX &...
R 300,719
Seller
A.S. INVESTMENTS SP. Z O.O.
125
PL
Breitling Colt Chronograph Box&Papers/2005, Steel Quartz MINT
TOP
Breitling Colt Chronograph Box&Papers/2005, Steel Quartz MINT
R 23,036
Seller
M.J.WATCHES
148
BE
Rolex GMT-Master II 116759SARU june 2020 Rolex warranty
TOP
Rolex GMT-Master II 116759SARU june 2020 Rolex warranty
R 1,098,626
Seller
MMC RIVIERA
6
MC
Zenith Defy El Primero 21
TOP
Zenith Defy El Primero 21
R 159,124
Seller
WatchesofMayfair.com
441
UK
IWC Pilot Chronograph "Le Petit Prince" Edition - IW 377717
TOP
IWC Pilot Chronograph "Le Petit Prince" Edition - IW 377717
R 64,677
Free shipping
Seller
Pawndeluxe
168
NL
Baume & Mercier Clifton Chronograph Day Date Mens Watch
Baume & Mercier Clifton Chronograph Day Date Mens Watch
R 24,900
Seller
Luxurytime South Africa
ZA
Patek Philippe Aquanaut Luce Diamons
TOP
Patek Philippe Aquanaut Luce Diamons
R 173,211
Free shipping
Seller
WatchesNorte
86
ES
Frederique Constant Slimline Gents Small Seconds
Straight from the manufacturer
Frederique Constant Slimline Gents Small Seconds
R 12,315
BrandBoutique Member
Frederique Constant SA
Audemars Piguet Royal Oak Tourbillon
TOP
Audemars Piguet Royal Oak Tourbillon
R 1,454,287
Free shipping
Seller
Express Watches
6
US
Jaeger-LeCoultre MASTER CALENDAR MOON PHASE RESERVE DE MARCHE...
TOP
Jaeger-LeCoultre MASTER CALENDAR MOON PHASE RESERVE DE MARCHE...
R 228,372
Seller
A.S. INVESTMENTS SP. Z O.O.
125
PL
Breitling Chronomat Chronograph Yellow Gold 39MM Box&Papers/19...
TOP
Breitling Chronomat Chronograph Yellow Gold 39MM Box&Papers/19...
R 85,055
Free shipping
Seller
M.J.WATCHES
148
BE
Omega Speedmaster Broad Arrow
TOP
Omega Speedmaster Broad Arrow
R 62,019
Seller
Casowatches.com
14
IT
IWC Da Vinci Perpetual Calendar Chronograph
TOP
IWC Da Vinci Perpetual Calendar Chronograph
R 445,475
Seller
WatchesofMayfair.com
441
UK
Baume & Mercier Hampton Rectangular Hampton Rectangular Ladies...
TOP
Baume & Mercier Hampton Rectangular Hampton Rectangular Ladies...
R 31,010
Free shipping
Seller
Pawndeluxe
168
NL
Breitling Bentley GT Mens Watch
Breitling Bentley GT Mens Watch
R 45,900
Seller
Luxurytime South Africa
ZA
Omega DeVille Ladymatic 425.60.34.20.51.002 Ladies Watch
TOP
Omega DeVille Ladymatic 425.60.34.20.51.002 Ladies Watch
R 136,326
Free shipping
Seller
AB Time Inc.
154
US
Frederique Constant Slimline Moonphase Stars Manufacture
Straight from the manufacturer
Frederique Constant Slimline Moonphase Stars Manufacture
R 76,106
BrandBoutique Member
Frederique Constant SA
Hublot Super B Flyback Chrono
Hublot Super B Flyback Chrono
R 76,000
Seller
Topwatch SA Pty Ltd
ZA
Breitling CHRONO-MATIC 24H CHRONOGRAPHE CHRONOMETER LIMITED...
TOP
Breitling CHRONO-MATIC 24H CHRONOGRAPHE CHRONOMETER LIMITED...
R 168,143
Seller
A.S. INVESTMENTS SP. Z O.O.
125
PL
Audemars Piguet Royal Oak Dual Time Ref. 25730ST in Steel
Auction
Audemars Piguet Royal Oak Dual Time Ref. 25730ST in Steel
R 106,043
Estimated price
Seller
Fortuna
 
Rolex Oyster Perpetual Datejust ref 16030
Rolex Oyster Perpetual Datejust ref 16030
R 72,486
Seller
Horlogerie Desbiolles
 
CH
Blancpain Ultraplate
TOP
Blancpain Ultraplate
R 106,319
Seller
WatchesofMayfair.com
441
UK
Baume & Mercier Promesse 30 Briljant Diamonds Set Mother of...
TOP
Baume & Mercier Promesse 30 Briljant Diamonds Set Mother of...
R 24,719
Free shipping
Seller
Pawndeluxe
168
NL
Breitling Exospace B55 Connected
Breitling Exospace B55 Connected
R 85,900
Seller
Luxurytime South Africa
ZA
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Swiss Watches: World-Renowned Timepieces

Swiss watches are synonymous with precision and luxury. The most well-known names in the business, with few exceptions, all hail from this Alpine country. Rolex, Omega, IWC, and Breitling all represent tradition and high quality.

Everything to Know About Swiss Watches in This Article

  • Buying advice for Swiss-made watches
  • Watches in different price ranges
  • Manufacturers, collections, and models
  • History of the Swiss watch industry

Which Swiss Watch Should I Buy?

If you want to buy a Swiss watch, you have a wide range of options. The right way to find out which watch is best for you is to ask yourself the following question: How much do I want to spend?

A new, brand-name Swiss watch with a mechanical movement can cost as little as 1,000 euros. You can find watches from manufacturers such as Chronoswiss, Maurice Lacroix, Oris, and Raymond Weil in this price range. Some series from these manufacturers are more expensive, however. For example, Raymond Weil's Nabucco chronograph costs around 3,000 euros new with a titanium case. TAG Heuer and Tissot also have a large selection of watches available for less than 5,000 euros.

Rolex and Omega are probably the most well-known representatives of Swiss luxury watches. The legendary Omega Speedmaster Professional is available in many different variations for less than 5,000 euros. The version closest to the original Moonwatch chronograph, which you can find under reference number 311.30.42.30.01.005, costs around 3,500 euros and has a stainless steel case. The material certainly influences the price, as cases made of precious metals are much more expensive than those made of stainless steel.

An Omega diving watch from the Seamaster collection with a gold case costs around 15,000 euros. The Rolex Submariner without a date display and a stainless steel case costs around 6,500 euros new. You should be prepared to spend at least 23,000 euros for a yellow gold Submariner, and 25,000 euros for a Rolex Daytona.

Patek Philippe's Nautilus is one of the most sought-after and expensive stainless steel sports watches from Switzerland. Without any complications, the women's version costs 20,000 euros, and the men's 25,000 euros. With a white gold or platinum case, the price jumps to 140,000 euros. The Calatrava, also from Patek Philippe, is the definition of a classic, elegant dress watch. New, the most popular version costs around 15,000 euros.

If you decide to go with a watch from Breguet or Blancpain, expect prices over 100,000 euros. Cases made of precious metals, diamond-set cases and straps, and intricate complications such a tourbillon increase the value of such watches. The newcomer Hublot also has some watches in this price range. The futuristic MP-05 LaFerrari watch usually costs 200,000 euros. The version with a sapphire glass case is over double the price, costing more than 400,000 euros.

Watches: Iconic Exports

Watches are a defining part of Switzerland's cultural image. They're more iconic than the banks and the cheese; only chocolate ranked "more Swiss" than watches according to a survey of participants from 15 different countries.

About 30 million watches leave the production halls of this little Alpine country every year. The variety amongst these watches is impressive. They range from traditional gold watches with complications such as a:

  • Moon phase display
  • Perpetual calendar
  • Minute repeater
  • Double chronograph

to diving and pilot's watches. Some of the Swiss companies even produce high-tech smartwatches. Many of these watches function as status symbols, ignoring their actual intended functions. Many diving watches from the Seamaster and Submariner collections will never go underwater, and only a small number of the pilot's watches sold by IWC or Breitling are actually worn in the cockpit. These watches work equally well as a tool watch or a luxury lifestyle object.

There are also mass market affordable watches, such as the famous quartz-powered Swatch with its bright and colorful plastic case. There are now mechanical versions with a simple 51-piece movement. The typical Swatch looks somewhat cheap and is not taken seriously by many watch fans, but certain models have sold at high prices as vintage watches. Furthermore, the Swatch is significantly responsible for helping the Swiss watch industry survive the Quartz Crisis of the 1970s and 80s. The Swatch watch, trendy and colorful, broke Swiss watches out of their conservative, stuffy image and attracted a new target audience. Above all, young people were attracted to this bright and simple watch.

However, luxury watches are what people think of when they think of Swiss watches. Switzerland leads the world in watch exports if you don't rank by number of timepieces. While only about 2% of watches sold worldwide come from Switzerland, they are worth 60% of the total value.

Many well-known brands with long watchmaking traditions belong to the Swatch Group (market share: 18%) or to luxury goods concerns like Richemont (market share: 16%) or Moët Hennessy Louis Vuitton (LVMH, market share: 5%). Rolex is the largest independent Swiss luxury watch manufacturer (market share: 12%). Their independent status greatly contributes to their outstanding reputation.

Overview of the Most Important Swiss Luxury Watch Manufacturers

Manufacturer Founding year Location of headquarters Parent group
Audemars Piguet 1875 Le Brassus Independent
Blancpain 1735 Le Brassus Swatch Group
Breguet 1775 L'Abbaye Swatch Group
Breitling 1884 Grenchen Independent
Chopard 1860 Geneva Independent
Hublot 1980 Nyon LVMH
IWC 1868 Schaffhausen Richemont
Jaeger-LeCoultre 1833 Le Sentier Richemont
Longines 1832 Saint-Imier Swatch Group
Omega 1848 Biel/Bienne Swatch Group
Patek Philippe 1851 Geneva Independent
Rolex 1905 Geneva Independent
TAG Heuer 1860 La Chaux-de-Fonds LVMH
Vacheron Constantin 1755 Plan-les-Ouates Richemont
Zenith 1865 Le Locle LVMH

Rolex

Rolex is number one amongst the large manufacturers. The Geneva-based manufacturer has been in business since 1905. Rolex produces some of the most famous and beloved watch models in the world, such as the Submariner, Daytona, and Datejust.

The Submariner is the definition of a diving watch, the Daytona is one of the most famous chronographs, and the Datejust embodies elegance. Rolex's pilot's watch is the Air King, and their GMT Master II displays a second time zone. With the invention of the perpetual rotor, Rolex significantly contributed to the breakthrough of the automatic watch in the 1930s. Every year, the manufacturer sells around 800,000 watches featuring their iconic five-point crown. Rolex doesn't publish any official sales numbers. However, since Rolex has their watches certified by the Official Swiss Chronometer Testing Institute (COSC), we can calculate how many Rolex watches are produced based on the COSC's publications.

Omega

The most famous man to wear a Rolex is undoubtedly James Bond. He completes many of his missions with a Submariner on his wrist. However, the British secret agent switched to Omega, a member of the Swatch Group, in 1995. Omega plays a central role in the Swatch Group's company strategy, as they see the brand as a strong competitor for Rolex. Rolex isn't the only manufacturer with legendary watch models; Omega has their own to be proud of. The Seamaster is a diving watch collection that's been in production since 1948. The famous French oceanographer Jacques Cousteau wore a Seamaster. Another iconic Omega watch is the Speedmaster Professional. "Speedy," as it's nicknamed by fans, was the official NASA watch on the Apollo missions, making it the first watch on the Moon in 1969. The so-called Moonwatch is available today, almost unchanged from the original version, but now features a modern Co-Axial caliber and comes in many special limited editions. There's also the De Ville series, which showcases Omega's classic side.

International Watch Company (IWC)

IWC, based in Schaffhausen, also offers elegant Swiss watches, such as the Portugieser. They're even more famous for their pilot's watches, though; their Big Pilot watch and the Mark series are considered excellent pilot's watches. The Mark 11 was the official service watch of Royal Air Force pilots for decades.

Breitling

Breitling is a strong competitor for IWC in the realm of pilot's watches. Breitling's Navitimer is considered one of the most important pilot's watches. The watch, which was introduced in 1952, has a special slide rule function. It has two logarithmic scales on the dial which you can turn to perform various calculations, such as distance and fuel consumption. Breitling also offers powerful diving watches with their Superocean series and some versions of the Avenger. Rolex, Omega, IWC, and Breitling are all considered to be on the same level, thus Breitling also has a conservative, elegant line as well, the Transocean. Besides mechanical timepieces, Breitling also offers quartz watches with refined technology, such as the Emergency with an integrated distress beacon.

Patek Philippe

One rung higher on the luxury watch ladder is Patek Philippe. It's clear from the start that this manufacturer is a bit different: Most of their cases are made of solid gold. In the Swiss watch industry, steel cases are used around 50% of the time. Precious metals like gold and platinum are only used around 2% of the time. Patek's Calatrava collection is a symbol of the company and the epitome of a stylish dress watch. This watch collection debuted in 1932 and was inspired by the Bauhaus art movement. Patek Philippe's Nautilus also has a special position in their portfolio. It's a stainless steel sports watch waterproof to 120 m (12 bar) – all unusual qualities for a Patek watch. The company has a long history of watchmaking. The independent family business has existed under this name since 1851. Until 2009, Patek Philippe used the Geneva Seal as a symbol of high Swiss quality. Now, the company uses their own seal with even stricter standards.

Blancpain, Breguet, Jaeger-LeCoultre

Blancpain and Breguet have been in business even longer. Today, they're both members of the Swatch Group. Abraham-Louis Breguet founded his company in 1775. He's responsible for countless important watchmaking inventions, such as the tourbillon. Blancpain has been around since 1735. Their most famous series is the Fifty Fathoms diving watch. Brands such as Patek Philippe, Breguet, and Blancpain, are representative of the conservative values of the Swiss watch industry. This applies to Jaeger-LeCoultre as well. This manufacturer has been producing high-quality watches since 1833. Their Reverso is one of the most popular rectangular watches.

Hublot

Hublot takes an entirely different approach. This relatively new manufacturer plays the role of the rebel most excellently. One distinctive Hublot feature is their unusual, square-edged porthole design, which occasionally borders on the bizarre. Legibility isn't Hublot's main concern. Instead, they show a preference for the use of unusual materials such as ceramic or titanium. With their patented Magic Gold alloy, Hublot broke new ground. Magic Gold is an incredibly scratch-resistant alloy composed of gold and ceramic. Magic Gold comes quite close to the ideal, everlasting case material. Hublot was founded in 1980. In 2005, under new leadership, they introduced the Big Bang series. The Big Bang caused a sharp increase in sales, catapulting this Genevan manufacturer into the same league as other well-known Swiss brands. The somewhat calmer Hublot alternative to the Big Bang is the Classic Fusion.

Audemars Piguet

Hublot is not without precedent. Audemars Piguet's Royal Oak, introduced in 1972, as well as their Royal Oak Offshore, inspired Hublot's designs. The wide bezel with visible screws was directly influenced by the Royal Oak.

TAG Heuer

When it comes to TAG Heuer, it's all about timing. They patented their first stopwatch mechanism in 1882. TAG Heuer has dedicated themselves to the art of racing ever since – it's not a coincidence that their most well-known series is called the Carrera. Even the rectangularMonaco is a legend amongst racing watches. The actor Steve McQueen wore a Monaco in the film Le Mans.

Tissot

Watches from TAG Heuer are in a moderate price range. This applies to Tissot as well. Aside from classic mechanical watches, Tissot offers modern quartz watches as well. The T-Touch Expert Solar is solar powered. It's a multi-function watch with background lighting, a second time zone display, chronograph function, timer, alarm, compass, barometer function, and many other extras. The watch has a titanium case and is waterproof to 100 m (10 bar). The T-Touch Expert Solar has features that only an electric-powered watch can offer. Such an array of functions is impossible for a mechanical watch, especially one that costs less than 1,000 euros.

Other manufacturers also combine Swiss quality with moderate prices, such as Longines, Raymond Weil, or Maurice Lacroix. These companies often use calibers from the world's largest ébauche manufacturer, ETA SA Manufacture Horlogère Suisse, which is also based in Switzerland. The Swiss company Sellita also offers movements that can be found in the watches of many famous manufacturers. Only a few brands produce their own calibers, such as Rolex and Patek Philippe. !Zenith has some of the most important automatic chronograph movements in watch history. The fast-paced El Primero caused a stir when it was released in 1969; it even had a watch named after it.

Top 10 Swiss Luxury Watch Manufacturers According to Production Numbers

Manufacturer Number of watches produced per year
Rolex 800,000
Omega 700,000
Breitling 170,000
IWC 100,000
Chopard 80,000
Jaeger-LeCoultre 75,000
Patek Philippe 60,000
Hublot 40,000
Audemars Piguet 37,000
Zenith 35,000

Post-Quartz Crisis Revival

The Swiss watch industry began in the 18th century. Up until the second half of the 19th century, Switzerland was considered a place where it was easy to produce watches affordably. IWC, with roots in the United States, based their business model on this concept.

After many successful years, the industry suffered in the 1970s and 80s during the Quartz Crisis. Cheap, mass-produced quartz watches produced in Asia endangered traditional Swiss production. Some manufacturers disappeared forever and many workers lost their jobs. Yet surprisingly, Swiss watches later experienced a renaissance which has lasted to this day. The fascination with the technical genius that goes into mechanical watches enthralls watch lovers all over the world. Many manufacturers with longer histories are no longer independent, however. Merging with a large concern, such as the Swatch Group, Richemont, or LVMH, saved many of these manufacturers from going under.

Unexpected competition has popped up since then. The German town of Glashütte was trapped behind the Iron Curtain in East Germany until 1990. Watches have been produced in Glashütte since the mid-19th century, but they were far from being luxury watches when Germany was divided. Now, other manufacturers such as A. Lange & Söhne and Glashütte Original have established themselves in Glashütte, making Glashütte watches true competition for Swiss manufacturers.

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