Why Soaring Gold Prices Are Putting Vintage Watches at Risk

During the first week of February, at the peak of gem show season in Tucson, Ariz., Freddy Keshmiri of Keshmiri Art & Antiques Corp., a vintage watch dealer in Beverly Hills, Calif., showed off a case full of Swiss watches at the GJX trade show, located in a large tent across from the city’s convention enter. Heavy on precious metal Piaget models from the late 1960s and ’70s, including fetching styles bearing turquoise and lapis dials, Keshmiri’s inventory was conspicuous for two…