Companies and Brands

This Swiss Watch Costs More Than a Rolls Royce

Casimiro PT / Shutterstock.com

24/7 Wall St. Insights

  • Owning a Swiss watch is like being part of a super-elite, luxury, consumerist club.
  • To be considered an authentic Swiss watch, the piece must meet several requirements.

Also, Discover “the next NVIDIA”

Switzerland, specifically Geneva, became synonymous with high-quality watches in the middle of the 16th century. In 1541, when a man by the name of Jean Calvin announced that wearing ornamental jewelry was illegal, goldsmiths were forced to focus their craft on watchmaking. The Watchmakers Guild of Geneva was established in 1601. As Geneva overflowed with expert watchmakers, many craftsmen moved to other areas of the country. Roughly two hundred years later, by 1790, Geneva was responsible for exporting more than 60,000 watches.

Owning a Swiss watch is like being part of a super-elite, luxury, consumerist club. Swiss watches are the gold standard of accuracy, which is why they are so sought after. They are so accurate, in fact, that most aviation companies require pilots to have a COSC-certified Swiss watch. Most Swiss watches cost a minimum of $1,000 and can go as high as a few million. These watches are a status symbol of superiority in the form of mastering time and elegance. So, what makes a Swiss Watch a Swiss Watch?

To be considered an authentic Swiss watch, the piece must meet several requirements. Firstly, it must have “Swiss Made” inscribed somewhere on the dial, usually at the six o’clock position and in capital letters. It must have been manufactured, cased, and inspected in Switzerland, and at least 50% of its components must have been made and assembled in Switzerland. The movement cannot exceed 50mm in diameter or be thicker than 12mm. Additionally, the top 3% of all Swiss watches are certified by the COSC.

There are, of course, a couple of important things to keep in mind regarding Swiss watches: counterfeit watches and “Swiss Movt” watches.

Swiss Movt is not the same as a genuine Swiss watch. Many lower-end watch companies will advertise their timepieces as “Swiss Movt,” which means that only the movement was constructed in Switzerland. Although this type of watch may be a quality piece, it doesn’t follow any of the other requirements. These watches can be much more budget-friendly, sometimes starting at around $20.

Counterfeit watches are really hard to spot and sometimes the only way to do so is by having a professional look at the watch mechanisms under the face. Be cautious when buying Swiss watches second-hand or at flea markets.

Why Are We Talking About This?

Gears and mainspring in the mechanism of automtic watch
Photocommander / Shutterstock.com

There was a time, not too far in the annals of history, when watches were for practical purposes only. Men about town needed to know what time it was, and they certainly didn’t have a cell phone in their pocket willing to tell them. Watches were necessary to be on time and keep your schedule on track. Those days are long gone. Now, wearing a watch is almost always about looking good and making a fashion statement. While fashionable women look to the runway for the season’s latest, men look to the wrist of any suave Swiss gentleman. 

#1 Baume & Mercier

republica / Getty Images
A close-up of a watch face.
  • Product: Riviera 10616
  • Price: US $3,550
  • Ethics: Sustainability Strategy, Responsible Jewelry Council,

The Riviera 10616 originally debuted in 1973 but returned in 2021. It features a dodecagonal bezel, is self-winding, has an interchangeable steel bracelet, and a steel case, is water resistant, holds a 120-hour power reserve, has a sapphire crystal case back, and was manufactured in Les Brentes.

Baume & Mercier

Switzerland+skyline | Milky way over Lugano
diegopianarosa / Flickr
Switzerland as seen at night.

Baume & Mercier has a “Sustainability Strategy,” which focuses on four pillars: supply chain and the environment, accessibility, ethical business practices, and community partnerships. It has been a member of the Responsible Jewelry Council (RJC) since 2011.

The Responsible Jewelry Council (RJC) is a global nonprofit that sets the standards for ethical jewelry making. 1,800 companies are members of this group which was originally started in 2005 by 14 organizations. The RJC is partnered with the UN Global Compact and is ISEAL Code compliant. It performs third-party audits of member companies and issues certifications.

#2 Blancpain

Luxury Watches Wristwatch Fashion Blue
Rustic and Watches / Shutterstock.com
A photo of a luxury watch.
  • Product: Fifty Fathoms Bathyscaphe Chronographe Flyback
  • Price: USD $18,400
  • Ethics: Blancpain Ocean Commitment

The Bathyscaphe Chronographe Flyback is part of the Fifty Fathoms collection. It is a diving watch that features a 50-hour power reserve, a black ceramic bezel, a ceramic insert, liquidmetal™ hour-markers, and the flyback chronograph.

Blancpain

AscentXmedia / E+ via Getty Images
Rich people hanging out in Switzerland.

Blancpain is one of the oldest watchmaking companies in the world. It was established in 1735 by Jehan-Jacques Blancpain and is actually older than some Countries, including the United States. Blancpain was the first watchmaker that developed a diver’s watch in 1953 which was used by the French Navy, and the U.S. military.

Blancpain has its “Blancpain Ocean Commitment,” which makes it committed to partnering with organizations that focus on raising ocean awareness, implementing ocean conservation measures, and contributing to scientific research. It is currently partnered with PADI and developed its Adopt The Blue™ initiative, The Sea Academy Project with The Sulubaai Environmental Foundation. And preserving The Great Barrier Reef with Biopixel.

#3 Patek Philippe

extravagantni / iStock via Getty Images
A view of beautiful Switzerland.
  • Product: 5327R Grand Complications
  • Price: $103,460
  • Ethics: Unspecified

The 5327R Grand Complications is a perpetual calendar that shows the day, date, month, leap year, and 24-hour indications. It is a self-winding timepiece. It features moon phases, ivory lacquered dials, a sapphire crystal case back, an interchangeable solid-gold back, is water resistant up to 30 meters, an alligator leather strap,

Patek Philippe

Julien Viry / iStock Editorial via Getty Images
Restaurants in Switzerland.

Patek Philippe is part of the “Holy Trinity of Watchmaking.” It touts itself as “The last independent, family-owned Genevan manufacturer.” It developed the first split-second chronograph and the first perpetual calendar wristwatch. Patek Philippe is considered one of the top luxury watch brands.

#4 Richard Mille

AleksandarGeorgiev / Getty Images
An aerial view of a city in Switzerland.
  • Product: RM 52-05 Manual Winding Tourbillon Pharrell Williams
  • Price: Price on Request
  • Ethics: Pre-Owned Program

The RM 52-05 collaboration with Pharrell is out of this world. Pharrell is a Star Trek, cosmos, and outer space fan, and this watch reflects that passion. The face depicts an astronaut helmet with a reflection of the Earth from a faraway planet. It also features a grade five titanium baseplate and bridges, a free-sprung balance, a fast-rotating barrel, a 6.40mm thick movement, and a sapphire case.

Richard Mille

Janoka82 / iStock via Getty Images
A beautiful view of the Matterhorn.

Richard Mille was founded in 2001 that focuses on producing high-end, lightweight, luxury watches. Richard Mille is a favorite among celebrities, and elite athletes, and often collaborates with different artists. Besides Pharrell, some other collaborative stars have been Boucheron, Rafael Nadal, Roberto Mancini, Bubba Watson, Maria Vicente, Aurora Straus, Michelle Yeoh, Serena Aoki, Yusaku Miyazato, and Felipe Massa.

Richard Mille has a certified pre-owned program. Previously owned timepieces are restored to their original condition and are in full compliance with its requirements. This is also a way to re-use and upcycle pre-loved products.

#5 MB&F (Maximilian Büsser & Friends)

AleksandarGeorgiev / E+ via Getty Images
Beautiful Aerial View Of Zurich, Switzerland.
  • Product: Horological Machine No. 7 Aquapod
  • Price: USD $152,000
  • Ethics: Pre-owned Program

The Horological Machine No. 7 Aquapod is part of a line that is unlike anything I’ve personally ever seen. Machine No. 7 has a jellyfish-inspired design and is glow-in-the-dark. It also features a tentacle-like winding rotor, a 303-component engine, a 60-second flying tourbillon top, a grade five titanium case, water resistance up to 165 feet, and sapphire crystals.

MB&F (Maximilian Büsser & Friends)

VogelSP / iStock via Getty Images
The train of Rhaetian Railway running on the famous Landwasser Viaduct.

Maximilian Busser & Friends (MB&F) is known for creating unique “Horological Machines.” It is at the forefront of horological innovation using a novel approach to what constitutes a watch. It turns “traditional watchmaking of the highest craftmanship into futuristic, fiercely unconventional timekeeping machines. These sculpted, three-dimensional cases and beautifully finished engines are called ‘Machines.”

MB&F also has a pre-owned program where customers can acquire rare pieces, or at a lower price. It comes with a certification and guarantee that the pre-owned pieces are 100% legitimate, in working condition, and under a two-year warranty.

#6 Vacheron Constantin

Sanga Park / iStock via Getty Images
Thun city with the Alps and lake in Switzerland.
  • Product: Overseas Tourbillon
  • Price: Price on Request
  • Ethics: Apprenticeship Program, Fair Working Environment, Responsible Jewelry Council

The Overseas Tourbillon comes in four different variants: titanium, white gold, pink gold, and steel. It features an ultra-slim movement, a 22k 3N yellow gold peripheral rotor, a three-day power reserve, three interchangeable bracelets, a transparent sapphire crystal case-back, and a 10.39 mm thick case.

Vacheron Constantin

swisshippo / iStock via Getty Images
Oberhofen castle on the lake Thun, Switzerland.

Vacheron Constantin is the second member of the “Holy Trinity of Watchmaking.” It was founded in 1755 by Jean-Marc Vacheron and Francois Constantin. It is committed to ethical sourcing and has been a member of the RJC since 2010. It is FJC Code of Practices Certified. It also requires all suppliers to sign its Group Supplier Code of Conduct and promotes a transparent supply chain by publishing its Supply Chain Policy and an annual report. The headquarters and manufacturers of Vacheron Constantin are powered by 100% renewable electricity.

#7 Cartier

sam74100 / iStock via Getty Images
Aerial view of Leman lake in Geneva city in Switzerland.
  • Product: La Panthére De Cartier Watch
  • Price: $268,000
  • Ethics: RJC

The La Panthére watch has a rhodiumized white cold case that is set with 136 brilliant-cut diamonds, a panther head with emerald 0.15-carat emerald eyes, spots, and a nose made from black lacquer, a 117-diamond white gold dial set, a wrapped bracelet set with 464 brilliant-cut diamonds that total 17.81 carats. It is also water-resistant up to 100 feet.

Cartier

bluejayphoto / Getty Images
Panoramic view of historic Zurich city center with famous Fraumunster and Grossmunster Churches.

Cartier is a French brand that is now owned by the Swiss Richemont Group. Considered a household luxury brand name that was founded in 1847 by Louis-Francois Cartier. Cartier developed what is considered to be the very first wristwatch and the first pilot’s watch. Cartier offers styles that are more on the mainstream side.

Cartier was one of the founding members of the RJC (Responsible Jewelry Council) and launched the Watch & Jewelry Initiative 2030 which aims to create an entirely sustainable watch sector.

#8 Audemars Piguet

ake1150sb / iStock via Getty Images
The historic city of Thun, in the canton of Bern in Switzerland.
  • Product: Royal Oak Concept Flying Tourbillon
  • Price: Price Upon Request
  • Ethics: Audemars Piguet Foundation

The Royal Oak Concept Flying Tourbillon features 468 brilliant-cut colored gemstones that create a rainbow effect. It also features an 18-carat white gold case and bezel, sapphire crystal, and case back, is 11.4 mm thick, and is water resistant up to 20 meters.

Audemars Piguet

Public Domain / Library of Congress

Audemars Piguet is the final member of “The Holy Trinity of Watchmakers.” It was founded in 1875 by founders Jules Louis Audemars and Edward Auguste Piguet. The brand is known for creating the very first-minute repeater movement. It also created the iconic, “Royal Oak,” which is one of the most well-known watch designs globally.

The Audemars Piguet Foundation has been committed to worldwide forest conservation since 1992. It partners with not-for-profits and NGOs globally in order to achieve goals such as protecting biodiversity, encouraging family farming, planting trees, teaching organic farming practices, restoring mangroves, and reconstituting forests.

#9 Mondaine

Leamus / iStock via Getty Images
A photo of Lucerne, Switzerland.
  • Product: Essence Peach
  • Price: $250
  • Ethics: Renewable Materials, Co2 Neutral

The Essence Peach is environmentally friendly and features a bracelet made from recycled textile and cork lining, other materials used in its manufacture are recycled PET bottles, natural rubber, and castor oil. It has a 32 mm diameter case with a pressed cork case back and is water resistant up to 100 feet.

Mondaine

Xantana / Getty Images
Old town of Basel with red stone Munster cathedral on the Rhine river, Switzerland.

Mondaine uses only renewable materials in its Essence line such as wool, cork, and castor oil. Its FairVentures Worldwide Organization partners with local communities to implement large-scale reforestation projects designed to offset Mondain’s carbon emissions. So far, the non-profit has reforested 1,257 plots, 521 hectares, supported 1,061 smallholder farms, and distributed 1,081,553 tree seedlings.

Mondain is also partnered with One Tree Planted. It donates one tree to the National Forest Service for every watch or clock sold. One Tree Planted aims to mitigate climate change, conserve biodiversity, reduce disaster risk, and conserve water.

#10 Panerai

Anthony Kwan/Getty Images
All watches are definitely mot made the same.
  • Product: Submersible Luna Rossa
  • Price: $11,000
  • Ethics: RJC

The Submersible Luna Rossa features a 42mm diameter brushed steel case, a steel with a ceramic rotating Bezel, and a brushed steel back. This watch was made for divers and is water resistant up to 300 meters.

Panerai

AleksandarGeorgiev / Getty Images
Aerial view of Zurich, Switzerland.

Panerai operates under five sustainable pillars: Products, Processes, People, performance in Real Estate, and Partnerships. It is a member of the Responsible Jewelry Council.

#11 Alpina

Doucefleur / iStock via Getty Images
The watch is a fun little part of any outfit.
  • Product: Alpina Heritage Carree Automatic
  • Price: $1,795
  • Ethics: Unclear

The Heritage Carree Automatic is made with a polished stainless steel two-part case, a scratch-resistant convex sapphire crystal case, an ostrich leather strap, is water resistant up to 30 meters, a 38-hour power reserve with an AL-530 caliber automatic movement comprised of 31 jewels.

montipora / iStock via Getty Images
A photo of Davos, Switzerland.

Alpina was founded in 1883 and is a pioneer in the Swiss watchmaking industry. Alpina created the Swiss sports watch concept and is known for its iconic Alpina 4 made in 1938. Its lines feature pilot watches, outdoor adventure models, and diving models.

The sales of its Seastrong Diver Gyre model go towards protecting marine habitats. This specific model is made from 70% recycled plastic ocean debris from the Indian Ocean and a strap made from 100% recycled PET bottles.

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.