The Oldie

Watch out!

Luxury watches are having a moment, or at least their absence is, as the recent spate of high-profile thefts testifies.

So it's probably not the best time to invest in a sought-after rarity beloved of sports and movie stars, even if you have the unfeasibly enormous funds to do so.

As Coco Chanel said, decent diamonds represent the greatest value in the smallest volume.

Watches – which rarely exceed 45 mm across and are often much smaller –

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