THE JOURNAL
'Titoni' watches for just a few dozen, snapped up at pawn shops
This watch is quite rare now; it was very fashionable 20 years ago, said Mr Wang, a citizen, happily after purchasing a watch at Huaxia Pawnshop. Mr Yang, a senior appraiser and manager, explained that,TitoniHaving entered the Chinese market early, it belongs to the first generation of luxury watches in the minds of Chinese people. Recently, a watch dealer in urgent need of capital pawned a batch of theseTitoni watchesamounting to dozens of pieces, which were almost entirely snapped up by citizens within just a few days.
The watch that Auntie Liu is so fond of is a Titoni, made in Switzerland. The selling price at Huaxia Pawnshop is only around 500 yuan, and it is brand new. Currently, nostalgic-style items that have been pawned and are now for sale are performing very well at the pawnshop. Being able to buy aSwiss watchesat such a low price, Auntie Liu feels it is a great bargain.
During the New Year period, nostalgic items like old record players and film cameras sold by a pawnshop were also snapped up by citizens within a few days.
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