Everywatch: A New online resource for Valuing, Researching, and Collecting Watches

Industry Context

Just one month after Chrono24 introduced ChronoPulse, Everywatch's launch was announced at Dubai Watch Week. Everywatch is a comprehensive tool delivering data-driven insights into watch valuations, collection development, and market trends.

For those that missed it, ChronoPulse is a groundbreaking watch price index that provides a detailed view of the luxury watch market through 20 years of actual transaction data. This tool, introduced by Chrono24, aims to shed light on watch market trends, making it a vital tool for watch enthusiasts, dealers, and collectors. Further details on this platform can be found in our article.

Origins

Nacre Capital, a venture builder specializing in AI-driven deep technology companies, established Everywatch. The new platform originated from a collaboration of top tech investors and watch experts. Key figures include Howard Morgan, Chairman of Nacre, co-founder of Renaissance Capital and First Round Capital, and early investor in companies like Uber, LinkedIn, and Square; Chabi Nouri, ex-CEO of Piaget; Alexander Friedman, a collector and founder of AF. Luxury Consulting, along with other prominent collectors and tech leaders. They aimed to solve the problem of unreliable information in the pre-owned watch market. 

Database

Developed over two years, including a beta stage, Everywatch is based on an extensive historical watch sale database with actual sales prices of over 500,000 watches and aggregates new watches coming on to the market in real time from over 250 auction houses and 150 online marketplaces and dealers.Its data goes back 1989 and compiles data from more than 350,000 historical lots. The company plans to continually improve its data. While currently focusing on auction-based pricing, they intend to broaden their pricing insights to encompass various marketplaces.

Features and Functionality

Everywatch, accessible via a web browser, is a valuable resource for watch collectors, data enthusiasts, auction experts, and those who view watches as investments. It provides an unbiased, data-centric platform for understanding the availability and market values of collectible watches, aiding in making well-informed decisions at auctions.

“I am excited to see EveryWatch completing the watch ecosystem as the largest watch database, providing accurate and reliable pricing information to the watch community. EveryWatch allows to make educated decisions about pre-owned watches quickly and with confidence.” Chabi Nouri, Chairperson of the Board of EveryWatch and former CEO of Piaget.

This platform acts as an extensive digital dashboard, offering a detailed market overview, valuation tools, research on over 1 million watches, their auction histories, and management of personal or commercial collections. Additional features include watch tracking, notifications for new listings, and thorough auction performance analyses. The tool also facilitates a broader view by analysing entire brand performances and preserving auction specifics such as final pricing and images.

Davide Parmigiani, Chairman of Monaco Legend Auction House and collector, commented: “EveryWatch is the epitome of efficiency. As auctioneers, we can now easily and quickly value watches and identify trends. And as a collector, I can now track the value of my full collection daily and also be notified when the watch I have been looking to buy for years comes on to the market.”

Users can also explore detailed histories by reference number, model, brand, and specifics like case material and size.

A practical application could involve researching high-value watches, such as a vintage Patek Philippe Nautilus, before bidding or buying. The platform eases access to valuation data and links directly to marketplaces and auction catalogs for interested watches.

Subscription Model

Everywatch provides free and premium access tiers, with the premium tier priced at $50 monthly. Currently, a two-month premium trial is offered without requiring a credit card, an opportunity likely to attract enthusiasts.

Everywatch is a promising resource for watch collectors and dealers, accessible at Everywatch.com.