Movado watches are among the world’s most expensive timepieces ever produced. The founder, Gedalio Grinberg born September 26, 1931, was born a Cuban watchmaker based in Paramus, New Jersey, U.S.A. At age 15, he sold an alarm clock to a customer for 15 dollars.
He was able to obtain the clock through his father’s jewellery shop which led to Grinberg starting an alarm clock business.
Movado is one of the oldest watchmakers all over the world. In 1960, Movado’s Museum Watch became the first watch ever selected for displays in the New York’s Museum of Modern Arts’s collection.
This Museum watch was designed by Nathan George Horwitt in 1947. It has an impressive feature. Normally, watches are marked with numbers ranging from 1 to 12. These markings help in telling the time at any point. Surprisingly, there are no markings on a Movado watch except for a dot positioned at 12 o’clock.
The dot at 12 o’clock makes a Movado watch unique among the many watches manufactured in the world. It is a known fact that the only demarcation in the face of most Movado watches is made of gold or diamond.
This simple yet stunning design has drawn a lot of attention from fashion admirers and watch collectors. Everyone feels good when they put on the most expensive timepiece in the world.
Do Movado Watches Hold Value?
It is widely known that Movado watches hold value. This timepiece is made up of a piece of gold and diamond located at 12 o’clock.
The precious metal (gold) used in decorating the dot makes it holds value. It is no surprise that Movado is an expensive timepiece.