Corum Gold Coin Watches - History and Different Models | SwissWatchExpo [Watch Review]

A dress watch like no other, the Corum Gold Coin watch is made of an actual solid gold US coin, putting luxury and history right on your wrist.
Introduced in 1964, the Corum Coin has graced the wrists of several US Presidents: Reagan, Nixon, Carter, Bush and Clinton. Now you can wear one, too! Check out our watch experts' review of Corum watches.
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Music: Jam Morgan / TakeTones.com
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Transcript:
Fresh from the showroom here, SwissWatchExpo.
Creed, you’re telling me about these Corum watches this morning and I said we just got to do a spot on these. You were telling me that this is a watch where they have taken an actual solid gold - US coin, cut it in half, put a watch movement in the middle. And so, you can see the case back of the watch is the head side of an 1899 US coin and the dial of the watch is the back side of the coin. You're blowing my mind.
The Corum was developed by what we think of as “I will term the Skunkworks of Omega”.
Omega had a division inside the corporation where they developed watches that were a little bit odd, a little bit different, they experimented with some designs. So, Corum, when they were looking for a new watch design, came up with this coin.
It’s interesting that they didn't want to just put the Omega name on it and make it part of their collection.
Right. Now a lot of people know Corum as the bubble watch they know which is (Oh, right) the most popular today.
Right? So, the Corum coin is still made. They're extraordinarily expensive, they can be anywhere from 18 to 25 even $35,000 and up. (Wow!) The newer coins are a little bit larger. I happen to be wearing an automatic version, it's a 38-millimeter watch. It’s, you know, I have a big wrist but even this watch looks pretty good on my wrist. One of the reasons that this is such a fantastic watch is because not only are they super thin; they are as you said an actual coin cut in half. They were manufactured during the time when they did not have quartz movements, so these are actually manual wind movements. And, so it was really hard for that time and technology to introduce a manual wind watch into the marketplace that was this thin.
Wow. That must be really thin too. And you look at the thickness of this watch, to think that there's the two sides of a coin and then a movement placed between those two - that's just amazing.
Absolutely! And you notice, that you have the narrowed edge and that's because when they sliced it in half, they have to actually, obviously put it back together. It's a little bit thicker than it was when it was original (right) and so they put this coin edge on the side of it to bring it all together and make it one.
That’s a nice touch.
One of the other things about these watches that you'll probably notice is that each one has either a cabochon in the side or an actual diamond. This one actually has a diamond. The watch that I'm wearing actually has the diamond as well. Now these watches have been worn famously by presidents. This was considered the President’s watch. And most people think of the Rolex Day-Date as being the President watch, and in fact that's true, however this watch was worn by LBJ, by Carter, by Reagan, Bush Senior and Bill Clinton, as well as Richard Nixon. Now these watches were introduced at a time when the Gold Standard was still in effect, so it was illegal, federally, to mutilate any gold coins or watches on for watch purposes or for any purpose for that matter.
So, in Switzerland, these were exclusively, I guess mutilated for lack of a better term, because they were destroyed and because they were being cut in half they were not allowed to be imported into the United States. So, Omega had to work with the American government in order to be able to import these into the United States because we were still on the gold standard and this was still a federal crime. Having said that, they did get the exemption for it.
Later on, Richard Nixon changed us from the Gold Standard - people don't realize that, that happened in the 1970s, and so therefore it was a little bit more lax in how they could deal with the gold coins and because they were manufactured in Switzerland, they kind of technically didn't mutilate it in the United States so it really technically wasn't a federal crime.
#Corum #CorumWatches #CorumGoldWatch

[@SwissWatchExpo]

Which Corum watch is your favorite? Tell us in the comments section 👇🏻

[@mauriciomonge5349]

I love the corum watches, my Corum is a admirals cup trophy 41mm.

[@mkivcooper]

Thanks for the video. The Corum Coin watch is my favorite.

[@SwissWatchExpo]

Glad you enjoyed our video! :) The Corum Coin is unique and really worth collecting.

[@larrydickman4507]

I purchased a vintage (1980s) $20 Coin quartz movement watch a few years back (not from SWE). If I could do it over I would go with a mechanical movement. Vintage Corum quartz watches are very expensive to repair when the circuitry goes bad, and no quartz circuit lasts forever.

[@SwissWatchExpo]

Thanks for sharing!

[@golfinguru11]

My grandfather had this watch but unfortunately my grandmother sold it when he died. It seems it has been mostly lost to history, unfortunately. Not a single detailed online article of these things. I will eventually buy one to remember him.

[@SwissWatchExpo]

Thanks for watching! 🙂
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[@Lucian_Balthazar]

*Would've been better if they'd actually zoom in em watches for better view and also the camera itself was so far back on em, we could barely see em watches that were on the table infront of em there..*

[@SwissWatchExpo]

Thank you for your feedback. Our social media is handled separately from sales concerns, but rest assured we have passed this on to our sales and operations team.
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