Never in the history of time have luxury watches been more popular than they are today. With more brands offering more models than ever before, the choice is vast – and often bewildering. Dress watches, chronographs, minute repeaters, tourbillons and perpetual calendars vie for attention with world timers and watches made for adventurers, aviators, divers and drivers. But which one is right for you?
How to Buy a Luxury Watch
Understanding Collectable Timepieces
Simon de Burton
Gerhard D. Wempe KG
In association with
This FT event, held in partnership with international watch retailer Wempe, aims to help you learn ‘how to buy a luxury watch’. Led by Simon de Burton – a contributing editor to the How To Spend It magazine and the FT’s regular Watches and Jewellery reports – it will include comment and advice from a major collector, Wempe’s experts and an auction house specialist in order to provide a comprehensive overview of today’s luxury watch market.
Whether buying your first special wrist watch or expanding an existing collection, this promises to be an event worth making time for.
Agenda - 14th Jun
6:30pmArrival and drinks reception
Simon de Burton, Contributing Editor of How To Spend It and Financial Times will explain the current strength of the watch market, especially in the UK, and highlight the extensive range of models available and the associated problems with choosing the right watch in terms of expectations and requirements, servicing costs, residual value and investment potential.
7:10pmA Brief History Wempe
Kim-Eva Wempe, General and Managing Partner of Gehard D. Wempe KG will explain the history of Wempe as a multi-brand watch retailer, how the market has changed in recent years and the expectations and understanding of the modern customer.
Panel discussion followed by Q&A, topics include:
- How to buy the correct watch
- Understanding the need for correct care and servicing
- How to build and maintain a collection
- How to source rare and unusual models
- The dangers of the grey market
Kim-Eva Wempe, General and Managing Partner, Gerhard D. Wempe KG
Ahmed Rahman, Watch Collector and Marketing Director, Beximco
Paul David Maudsley, International Watch Specialist Director, Phillips
Megan Young, Watchmaker, Wempe
chaired by Simon de Burton, Contributing Editor, How To Spend It and Financial Times
Simon de Burton, Contributing Editor, How To Spend It and Financial Times
Simon de Burton
Simon de Burton has written for the FT’s multi-award winning How To Spend It magazine since 1999 and, for the past 15 years, has been a principal contributor to the paper’s influential Watches and Jewellery reports. He also writes about watches for a variety of international publications, including Patek Philippe magazine and many other specialist horological titles.
Kim-Eva Wempe is running the German, family-owned company Wempe in the fourth generation. Focused on fine timepieces and jewellery such as Rolex and Patek Philippe the company has risen to an international brand. On the company’s 125th anniversary in 2003, Ms Wempe took over the company’s business operations from her father. Ever since Wempe has doubled its revenue to €450m and tripled its number of employees up to 735. She initiated some major change to the traditional product range of Wempe, by introducing her jewellery brand BY KIM and producing the Wempe Glashütte I/SA watch brand with the two lines Chronometerwerke and Zeitmeister. Ms Wempe lives in Hamburg and likes to travel with her family to explore foreign countries and cultures.
Ahmed Rahman is the International Marketing Director of South Asia's largest fully vertically integrated apparel manufacturer with extensive design support. He leads a peripatetic existence, flying around the world on behalf of his company. This suits him greatly as he can then pursue his interest in the finer things in life, especially his passion for collecting modern watches with a focus on modern chronographs.
Paul David Maudsley
Renowned watch expert Paul Maudsley is the International Watch Specialist Director of Phillips auction house. Mr Maudsley has over 17 years of industry experience, including handling the sale of over 25,000 watches across three continents and achieving numerous record prices. Having a lifelong passion for motorcars, in particular Porsche and Ferrari, sees him at many car events around Europe, from concourse to race track. He always looks for quality, rarity and condition, in both cars and watches, stating that "sticking to these rules makes for successful collecting.”
Megan Young is watchmaker at the Mayfair branch of Wempe since 2014 and is licensed for brands such as Patek Philippe, Cartier, Officine Panerai, Nomos and Baume & Mercier just to name a few. Ms Young is one of the best watchmakers at Wempe who ranks regularly on top positions in our international inhouse service competitions.
Standard ticket: £30
Booking your ticket is easy, simply click on the 'Book now' button and follow the instructions. We look forward to meeting you on 14 June.
In association with (1)
The Wempe name is synonymous with fine timepieces and jewellery. This family-owned company, which is based in Hamburg and was founded in 1878, is headed by Kim-Eva Wempe (born in 1962) and has 32 showrooms in cities all over the world, including New York, Paris and London. The company has been closely connected for generations with the renowned watch manufacturers of Switzerland and Germany. Wempe produces its own Glashütte I/SA brand wristwatch chronometers in Glashütte and its own by Kim brand jewellery in Schwäbisch Gmünd. In addition, Wempe operates the largest independent watch workshop in Europe and has been certified as a “Best Place to Learn” in Germany since 2015.