By Merilee Kern, ‘The Luxe List’ Executive Editor
In 2016, consumers spent an estimated $14.3 billion on gifts for Father’s Day. Traditional gifts include things like power tools and sporting event tickets. However, if you’re looking for a quintessential Father’s Day gift that’s truly timeless, then you may want to turn to the WatchBox by Govberg app for an assist with what to get for the deserving Dads in your life.
This apt app serves as a resource for locating the exact gift-able watch Dad is sure to love. Or, if you also enjoy beautiful timepieces, then this app can help you discover what’s currently available in the marketplace. Whether for yourself or as a gift for another, WatchBox by Govberg is an elegant and streamlined way to curate collection-worthy watches—something the folks behind this app know a great deal about. Established a century ago, Govberg Jewelers is a premier purveyor of luxury timepieces known for their unrivaled offerings that include limited-production models by leading watchmakers, an extensive a pre-owned inventory and decidedly service-minded industry experts.
The app offers several different features a true timepiece enthusiast will find useful. This includes access to up-to-date news from the watch world. This information is gathered in real-time from all over the globe, aggregating and delivering articles and video reviews from a myriad of popular blogs and magazines devoted to Swiss watches, including all of the industry’s leading brands.
Users can also discover the worth of different watches. Whether you want to sell a watch, buy a new or pre-owned model, make a trade, or are just curious about what a new or used (secondary market) watch you own is currently selling for, the WatchBox by Govberg app boasts pricing tools like a database packed with information on over 80,000 watch models. This includes a 12-month price history for each. With this foundational and in-depth knowledge base, you can intelligently buy, sell, and trade luxury timepieces and generally communicate with other users—or even Govberg’s own watch buying experts—right from the app.
The advent of the secondary market watch pricing tools, in particular, is significant. According to Danny Govberg, CEO of Govberg Jewelers, “Prior to the WatchBox by Govberg app, dialogue about the value of pre-owned watches wasn’t addressed elsewhere in a consistent, transparent manner; nor was it designed to support and educate the consumer. While manufacturers establish MSRPs for primary (new) watches, there was no resource, no Kelley Blue Book or Zillow, for the pre-owned, or secondary, market watch category to help consumers feel at ease. This changes with this app…For the first time in the watch category, Govberg is providing transparency into what pieces trade for on the secondary, or pre-owned, market.”
Quite fascinating is the proprietary algorithm the app uses to estimate and compute market value. Govberg explains, “It evaluates historical and active sales records spanning the secondary market–online sales platforms, auction sales and Govberg’s own data. The data represents final sales to end users, and is not an appraisal nor offer to buy, but rather an educated starting point to assess the secondary market value for a particular model. All pricing makes assumptions on the quality, service history and completeness of a timepiece with original box and paperwork. The data strength takes into account the number of data points captured, the variability of the prices seen on the secondary market, how current the data is and the quality of the source/vendor within the market.”
Impressively, this app will even store information and photos of your existing watch collection. This can be a useful tool to keep up with warranties, service history and to maintain a record for insurance purposes. Also of practical use, you can even schedule watch maintenance and repairs from within the app.
According to Govberg, “As more customers see watch ownership less about having a time-telling device and more as a hobby for collecting the world’s most intricate instruments, WatchBox by Govberg supports the growing watch enthusiast with instant access to valuable information so he can make the best decisions to begin, grow, trade or sell his collection.”
Relative to gift-giving, instead of spending hours upon hours hunting for an idea in general—or for a specific timepiece—that your dad (or anyone in your life) might like, you can simply turn to this easy-to-use tech. You’ll save time, money and the guesswork often involved in finding the perfect present for those “special someones.”
Govberg perhaps summarizes the usefulness of technology best, having noted, “Whether you want to keep up on the latest industry news and product releases, manage your watch collection for social sharing or insurance purposes, or buy, sell or trade a new or pre-owned watch, WatchBox by Govberg is the ultimate toolbox for today’s watch collector.”
The free WatchBox by Govberg app is available for download for iOS devices on the App Store and Android devices in the Play Store.