The,Rich,History,IWC,Watches,C business, insurance The Rich History Of IWC Watches
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Copyright (c) 2008 WatchesOnNetThe history of IWC watches dates back to 1868 when an American by the name of Florentine Ariosto Jones founded a watch factory in Switzerland. After meeting Johann Heinrich Moser in 1850, the two teamed up to lay the foundations for the first and only watch manufacturers in north-eastern Switzerland. The International Watch CO. was up and running in Schaffhausen.It was not until 1885 that the first digital watch for IWC was created, based on a patent from an Austrian named Pallweber. Despite the simplicity the watch maintained, it was a work of genius. To this day the work of the Pallweber's is extremely rare and a large collector's item.From 1895 to 1900 IWC saw major sales increases all around. In Germany, the company saw an increase from 553,500 to 805,000 francs. Russia went from a measly 29,400 to an incredible 182,300 francs. These remarkable sales increases were due largely to the acumen of the company's management as well as the incredible staff of employees.After years of ups and downs, 1974 saw a rise in gold prices by nearly 4 times the usual amount and as a result, the price of watch exports rose by as much as 250%. Despite this, IWC watches continued with their traditional watchmaking while surprising the watch industry with one innovation after another. It built up a sold line of top-quality pocket watches.In 1978 the company launched its very first compass watch, which was followed by the ground-breaking introduction of titanium to be used in watches and cases. It was Otto Heller that was responsible for this remarkable change of direction that truly put IWC watches on the right path.After years of remarkable service and craftsmanship, the company celebrated its 125th anniversary in style with 300 employees. And in the spirit of the celebration there were 1000 Portuguese watches with the 982 calibre pocket watch movements made in stainless steel, 500 in gold, and 250 in platinum.Today the company continues to hold strong with innovative watches and remarkable services. In 2001, IWC watches went online with the Collectors forum. This was the first brand-related forum for fans of fine watchmaking. Sadly, the company also saw the death of Gunter Blumlein in 2001, who was the man that led IWC out of the Swiss watchmaking crisis of the 1970's. Despite this, the company has never been stronger and continues its excellence in crafting watches through an incredible team.
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