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When his predecessor Joseph Muscari retired a year earlier and was given a watch, the company paid $1,102 in taxes on its value.
A HALF-CENTURY ago, a guy given a watch for the holidays would have torn off the wrapping paper to find a modest box containing a timepiece about the size of a quarter.
Legend has it that he was given a watch at the age of six when he was in bed with smallpox, and spent hours taking it to pieces to understand what made it tick," he added.
He dates his fall from this Eden to the time he is given a watch: "My life's rhythms were disrupted, it would seem, by the watch my uncle gave me on the occasion of my circumcision".
The company insisted that it had never given a watch to General Conté; though the story about the miniature Formula 1 car was true, the model had a value of only a thousand dollars, and B.S.G.R. routinely gave such "gifts to companies around the world".
Documents published on the Cabinet Office website also disclosed Mr Cameron was also given a watch worth £150 by Interpol and a £279 pair of Oliver Sweeney shoes as official gifts, both of which he liked so much he decided to buy.
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So what gives a watch investment potential as opposed to just being an expensive way to tell time?
"For me it's not just about giving a watch with a different dial or a case material," Mr. Büsser said.
The Dalai Lama once gave a watch to the elder Mr Xi, who wore it long after the Tibetan leader had fled into exile.
The idea of giving a watch to the leading rider at a meeting was thought up years ago by Eddie Burke, the manager of Havre de Grace.
The video that lays all of this out is genuinely fascinating, so give a watch.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com