
What Magnetism Does to Your Watch (and Why You Don't See It Coming)
It leaves no trace. No scratches, no dents. Nothing visible. And yet, magnetism is one of the quietest enemies of your automatic watch. ...
Explosion in thefts, ultra-precise targeting, organized resale: luxury watches have become one of the most sought-after items in contemporary organized crime. Here's a unique look at a black market as structured as it is disturbing.
2024 marks a turning point in luxury crime. In France, watch thefts increased by 22.5% compared to the previous year, reaching a total estimated value of between 50 and 80 million euros . This phenomenon is no longer anecdotal: it is now a structured parallel market, driven by organized networks capable of targeting, stealing, laundering, and reselling watches like gold bars.
Globally, the growth is even more striking: +60% in one year. This acceleration can be explained by several factors: the democratization of high-end watchmaking , the showcase effect of social networks, and the resilience of the value of mechanical watches .
Rolex dominates with 43% of thefts. Next are Cartier (6%) , Omega , Breitling and Tag Heuer (5% each), Patek Philippe and Audemars Piguet (3%), and then Richard Mille (2%). This ranking reveals the appeal of well-known, liquid and iconic watches.
At Rolex, five models stand out:
At Patek Philippe , the Nautilus (up to €590,000) and the Aquanaut (€40,000-130,000) are the focus of interest. At Audemars Piguet , the Royal Oak remains a recurring target (up to €90,000). As for Richard Mille , its models like the RM 67-02 can reach €600,000.
With 944 cases recorded in 2024, Paris accounts for 47% of thefts. The "golden triangle" of the Champs-Élysées remains the most sensitive area. The Côte d'Azur , for its part, is experiencing a seasonal peak: Cannes and Nice recorded 301 thefts for 8.3 million euros in value, with Nice experiencing a spectacular increase of +600% .
The judoka technique (30%) remains the most widely used, using simulated physical contact. But the trend is moving toward violence : 25% of cases are snatch thefts, 15% are assaults. Homejackings are on the rise, with targeted burglaries worth several hundred thousand euros.
Stolen watches are resold at 30-50% of their value, often through accomplice watchmakers or international channels (Andorra, Antwerp). They are sometimes reconditioned with fake certificates: in 2024, 152 luxury watches were seized in this type of operation.
Two profiles stand out: the "Neapolitans" , international professionals operating methodically in several European capitals; and the young French , often between 17 and 25 years old, who prefer force to subtlety, with an opportunistic and brutal approach.
The Parisian brigade, created in 2013, has tripled its workforce. Their resolution rate reaches 60% , and 50% of stolen watches are recovered within the year thanks to European cooperation and tools like The Watch Register .
The consequences are numerous: an explosion in counterfeiting (83,000 fake watches seized), rising insurance premiums, and self-censorship. More and more enthusiasts are abandoning their valuable watches in public, preferring "anonymous" or camouflage models.
Everything indicates that the phenomenon will continue. High-end watchmaking continues to become more popular, and watches remain liquid, portable, and untraceable assets. France, the world's leading tourist destination and showcase of luxury, will remain a prime hunting ground.
What the theft of a watch reveals is not just a statistic. It reveals social tensions, desire, and excesses.
In this era where luxury is also becoming a target, preserving a watch no longer only requires a case, but sometimes a safe watch winder. A precious watch is no longer collected: it is defended.
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