- GeorgeH
- Posts: 119
- Joined: Fri Aug 17, 2018 1:10 am
How desirable is it to have "Swiss Made" watches
I would welcome any and all suggestions. Below is what I think is the latest law describing "Swiss Made" watches.
"The main change introduced by the strengthening of the label consists in specifying a minimum value criterion for the watch, as opposed to the movement only. To be marked Swiss made, a watch has to meet the requirement of minimum 60% of Swiss value.
Previous requirements, such as the incorporation of a Swiss movement, casing-up and final inspection in Switzerland, remain in place. However, the definition of the Swiss movement adopts a minimum rate of Swiss value of 60% (as opposed to the previous 50%).
New criteria are added to the calculation of Swiss value, such as research and development and certification costs.
The new Swiss made ordinance entered into force on January 1st, 2017."
"Buy what you like and can afford"