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Issue 11 · Oct 7, 2026Midweek

Licence to Fall

01·1 min read

The Summary

Our biggest market call yet: the premium on steel sports watches was built on nothing, and it can leave the same way it arrived. One brand is the exception

Omega gave James Bond's villain his own watch, in a year with no Bond film and no Bond actor

Patek's owner explains why the company will never answer to anyone but his family, and why his sons are going to fight him

A 58-year-old steel Rolex could sell for $300,000 today, and it does not contradict our call

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02·8 min read

The Wire

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03·12 min read

The Breakdown

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04·2 min read

The Pattern

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05·3 min read

The Numbers

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06·2 min read

On Our Radar

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