Luxury watches from well-known manufacturers have been an exciting investment opportunity for several years. According to reports from the Boston Consulting Group, these watches recorded an average annual appreciation of 20% between 2018 and 2023, positioning them significantly ahead of the S&amp;P 500 (8% per year). 
The popular steel models from Rolex are so out of stock that enthusiasts are willing to pay a considerable premium on the secondary market. Especially popular are watches that do not yet show any noticeable signs of wear and are in good condition. In cooperation with our partners, we can guarantee the authenticity and quality of our assets. 
 
Exclusivity 
The watch should have been produced by one of the well-known Swiss watch manufacturers and should also enjoy a certain degree of recognition among buyers. In the best case, we buy a watch that is not directly accessible on the secondary market and can therefore be sold profitably at the end of the investment horizon. 
 
Quality 
When buying watches, we make sure that the watch has never been worn or is in very good condition. Furthermore, we only buy watches for which the original papers and packaging (the so-called box) are included in the purchase price. This is the only way we can guarantee the authenticity of the watch. 
 
Production quantities 
The most exciting watches are those that are only produced in small quantities or for which we assume that production will cease completely within our investment horizon. As soon as this happens, we can offer our investments on the secondary market with a price premium.

Brand

Model

Edition

Condition

Box & Papers

Year of manufacture

Material

Case diameter

Splint Invest Platform Fee 
Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
 
Variable costs 
To ensure the highest standards of storage, maintenance and insurance, we undertake to make all arrangements ourselves on your behalf. However, these costs will be shared proportionately between the splint owners. For example, if you own 1% of the watch, you will be charged 1% of the relevant costs. No additional payment is required. The splint price of 50 EUR already takes into account the running costs, which we have to pay in advance. The remainder is included in the profit calculation at the end of the investment horizon. For further details and breakdowns, please see the factsheet. 
 
Exit fee 
We charge a flat fee of 2% on sales. This includes sales on the secondary market. This fee covers our costs of maintaining the secondary market and organising the sale of the assets at the end of the contract on our side. There is no performance fee. We aim to select assets that offer steady and sustainable growth over the long term and avoid any incentive to take on more risk with your money.

"Denis Flageollet is one of the best living watchmakers with a true vision. We are talking here about a very niche brand that has a production of roughly 300 watches a year. Quality standards are from the highest in the industry. Production is a third of F.P Journe (1000 watches/year) and the brand cannot supply the demand they are facing. The higher demand than supply implies a raise of prices on the secondary market and represents a good potential for investment." - Samy Lachhab, Expert at WatchBox 
 
Why De Bethune? 
 
Historical Prestige 
De Bethune is a brand that represents the union of watchmaking tradition with contemporary innovation. It was founded in 2002 in L'Auberson, a small village in the Jura Mountains, on the border between Switzerland and France. The founders of De Bethune are David Zanetta, an Italian collector and dealer of art and antique watches, and Denis Flageollet, a fourth-generation watchmaker from France. The history of De Bethune begins with the vision of these two men, who met while working at Techniques Horlogères Appliquées (THA). There, they specialized in creating complicated and high-end movements for brands such as Breguet, Cartier, Franck Muller, and Bucherer. 
 
Craftsmanship 
With De Bethune, Zanetta, and Flageollet sought total independence in watchmaking, allowing them to explore unique horological directions and exercise their freedom to pursue the direction they deemed fit. This is reflected in the striking aesthetics of their watches, which often diverge from the language of classic watch design to which we are accustomed. 
Over the years, De Bethune has been recognized for its technical innovations in balance architecture and its well-established reputation for innovation in materials science. The brand has celebrated its 20th anniversary, solidifying its position as one of the early movements of the crop of independent watchmakers that emerged around the turn of the century. 
 
Limited Production 
Each De Bethune watch is a limited edition piece, underscoring the exclusivity and craftsmanship focus of the brand. The DB25 Starry Varius is no exception, and its limited production ensures that each watch is a rare and collectible expression of De Bethune's vision. 
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Why a DB25VTIS3 model? 
The story of De Bethune and its DB25 Starry Varius model is a narrative that celebrates the union between traditional watchmaking and modern innovation. De Bethune's aesthetic connection with space and classic science fiction, known for its elegance and aesthetic purity, received a new life with the release of the Starry Varius, which offers a poetic and personalized interpretation of the night sky. 
The Starry Varius is a tribute to the majesty of the universe, allowing owners to wear on their wrist a representation of the firmament based on a specific date and location. This customization makes each piece unique and deeply meaningful to its owner. 
The model is part of an update of De Bethune's well-known DB25 line, which included a new case size, a new shape of the lugs, and a dial that can be customized to display a personally chosen view of the night sky. 
 
 
Sell your Splints? We now provide you with the option to repurchase your splints at market value anytime. Please note that an additional processing fee will apply. The processing fee varies based on the volume, investment, and your holding duration. Use the contact form to initiate the process.

The price of 84,950 € includes the Splint Invest platform fee and external maintenance costs of 6,650 €. 78,300 € can be allocated to the asset. 
Platform Fee Splint Invest: Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, as well as storage and insurance over the whole investment horizon.

Variable Costs

Berner Kantonalbank AG BEKB | BCBE, Bundesplatz 8, 3011 Bern

40102_De Bethune_DB25VTIS3

The demand for luxury watches remains exceptionally high. The supply in the secondhand market cannot meet this demand. 
 
The prices of De Bethune watches have an average price range typically falling between US$50,000 to US$200,000.

Return

De Bethune watches have proven to be a valuable choice in the secondary market, with a reputation for innovation and precision. Not only do De Bethune watches maintain their value over time, but they often appreciate due to their quality and exclusivity. 
 
The global luxury watch market is expected to reach $78.2 billion by 2026.

Stability

The tale of De Bethune and its DB25 Starry Varius model celebrates the blend of traditional watchmaking and modern innovation.

De Bethune DB25 Starry Varius,  DB25VTIS3

Founded in 2002 in L'Auberson by David Zanetta, an Italian art and antique watch collector, and Denis Flageollet, a fourth-generation French watchmaker. De Bethune watches are limited edition pieces, highlighting the brand's focus on exclusivity and craftsmanship. Over the years, De Bethune has gained recognition for its technical innovations in balance architecture and materials science.

Track Record

The world’s leading watch house, WatchBox is home to the greatest collection of luxury watches, all certified authentic and Collector Quality.

WatchBox is not a marketplace, they are the market leader. This means they own every watch they sell, allowing them to set superior standards across the globe. With offices in the United States, Hong Kong, Singapore, and beyond, their selection is ever-changing with thousands of luxury watches available at any given time. 
 
Unrivaled Selection 
WatchBox is not a marketplace; they own every watch that they sell. This allows WatchBox to implement a true global quality standard, and as one of the largest buyers of pre-owned watches worldwide, their selection is ever-changing with thousands of pieces from the best brands available.

WatchBox

Senior Client Advisor 
 
I am Sami Lachhab and I have been a Client Advisor for WatchBox Switzerland since 2018. Prior to Watchbox, I studied Watch Engineering for 3 years at the Engineering school of Neuchâtel. I began on the technical side and finished my Bachelor's degree with a Research and Development Project at Panerai. Prior to that, I worked in the Aeronautic/Medical industry near Zürich in the field of material processing in a technical laboratory of control. After over one year working there, I decided to jump into studies again in a field that fascinates me. I always knew I wanted to be in the sales field but I wanted to get my engineering degree before jumping into the sales world which I did by joining the WatchBox team right after the end of my studies. 
 
The development of such technically advanced instruments has always fascinated me. I then discovered the investment side of that business which is also very interesting, why certain models hold value when others don’t, helps to understand a lot about the industry. This understanding helps me give the right advice to my clients when it comes to making a decision on their next pieces. 
 
FPJ is driven in a very clever way in addition to the fact that quality and aesthetic codes are at their finest. This is a young brand that gets a place at the big player's table, and I respect that a lot. The consistency of their collections is a huge part of their success today. The Journe story is also very inspiring for today’s young talents which I think is very important for the future of the watch industry.

This is a concrete investment opportunity in which we have recalculated the expected performance given by the external expert (WatchBox Switzerland Ltd) and have thus checked whether a positive return can be expected after deducting all costs for storage and insurance. Furthermore, we have verified the existence, proper storage and insurance of the watch.

De Bethune DB25 Starry Varius, DB25VTIS3

Asset's Life Cycle Details

Storage location

Asset ID

Token terms

Expert

Category

Status

Total number of Splints

Date of issuance (launch)

Issue price per Splint

Investment horizon in years

Time period for the divestment

Documents

Aurelio

Do you have questions?