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8787 North Scottsdale Road Suite 116
Scottsdale, AZ, 85253
United States


Elegant shop offering house-designed, one-of-a-kind gemstone and diamond jewelry, plus timepieces.


Oliver's watch and jewlery blog with the latest news and thoughts on the happenings in the industry, new products and more. 

Watch Words September 2017

Nikki Ollive


     My name is George Reid and I'm the "New Guy" here at Oliver Smith Jeweler.  For those who do not know me I have been in the watch industry for over ten years with the majority of those years as the CPO ( Certified Pre Owned) Manager for Tourneau.  I have been a passionate watch collector for as long as I can remember.  Oliver was kind enough to give me a new home to ply my trade and to continue my education as a watch enthusiast.  But enough introductions, it's time for me to tell you about some of the new pieces here at Oliver Smith Jeweler.


The first watch I would like to introduce to you is the Jaeger LeCoultre Ultra-Thin Date, a personal favorite of mine, and the first watch I had to add to my collection after coming to Oliver Smith. The case on this watch is a mere 7.45mm thin. For comparison the ETA/ Valjoux 7750 movement, one of the most popular chronograph movements by ETA, without any casing is 7.9mm thick. The proportions of the Ultra-Thin Date are balanced with slightly short lugs and curved spring bars, which allow it to fit perfectly under a shirt cuff. Of course, this timepiece affords the watchmaking prowess of the maison a chance to shine; this watch boasts a sapphire caseback which allows the intricacies of the caliber 899 movement to be admired. All this for just $7,500 makes this one of the best value propositions in the industry.

Continuing today's theme of slim watches is the Slim D'Hermes. Typically Hermes is not a brand that floods the mind with images of carefully crafted movements, but I believe this watch could change that. Hermes has been working hard to overhaul their watchmaking division; in 2006 they purchased 25% of the prominent Manufacture Vaucher Fluerier. Since then the brand has gained praise, awards and critical acclaim for their new movements, especially those within the Slim D'Hermes line. This particular model uses a micro-rotor to help cut down on the size of its automatic movement, leaving it only 2.6mm thick. In proper Hermes fashion, every element of this design has been meticulously considered and executed. To help set apart what could otherwise be a very simplistic dial, the numbers and subdial have been split onto separate levels with elegant brushed finishes. My favorite detail of this watch is the custom font used on the dial, designed specifically for this line by famed French graphic designer Philippe Apeloig! This unique font paired with the smooth lines of the case paired give this watch a look that is at once both retro and modern. The Hermes Slim D'Hermes retails for $7,650.


Now, on to the next big (slim) thing from Panerai: the Luminor Due!  The 45mm case of the PAM00674 comes in at a positively svelte (for Panerai) 10.7mm thick. The Luminor Due ushers in a new age for the brand, and is easily 40% slimmer than any other piece Panerai has done.  But lest you think the movement had to be sacrificed to slim down the profile, this watch features a fully in-house, automatic, p.4000 movement with a 3 day power reserve. The 674 retains all the presence and masculine lines of its predecessors, yet slips under a cuff like no Panerai before it. Finishing off this amazing watch is a dial that has to be seen to be truly appreciated. The fine grain sunburst finish makes the color shift between shades of light gray, anthracite and black, depending on how the light hits the dial. All this and it's a traditional sandwich dial to boot!  This new, modern Panerai retails at $10,500.

Thank you all for taking the time to read Watch Words.  All of the watches discussed are available here at Oliver Smith Jeweler.  Please stop in, say hello, and talk some watches!

Thoughts from the Desk of Oliver Smith

Nikki Ollive

Aimee and I are celebrating our 30th Anniversary this month! She has raised 3 wonderful kids and been a real steady partner. Recently we were out to dinner with some friends and the next day the guy said to me 'I can see Aimee wears the pants in your family'. The success of a good relationship is knowing when to stay quiet and let the other lead. Of course I did mention it to Aimee and every now and than I have to pretend to be hiking my pants up, when she tells me to do something. Ha! keeping the humor is pretty important too. 


After 35 years years in business I have decided to close on Mondays! From this point forward we will be open Tuesday through Saturday and closed on Sunday and Monday. Being open for only 5 days a week will make scheduling easier and my mental state more relaxed.

The discussion over the $60 million Desert Discovery Center (now called Desert Edge) is heating up. After years of study it is probably going to come to a vote by Scottsdale citizens. Stay tuned. 

Diamondbacks have been really fun to watch this year. Congratulations to whomever decided to trade for J.D. Martinez. He hit four homeruns in one game the other night!

Sprouts is opening right next to me. Work has begun on the demolition of a 30,000 square foot space in the center of my shopping center. The owner plans to rebuild a space for Sprouts. Plans are to open in March. Lucky for me my friend Adam Mays is doing the construction work and have been extremely understanding of my needs.

Alma closed in my center... now something new 'Urban Kitchen' to open soon.

Amazon owns 7% of the US retail market. There is a trend by Millennials to shop in stores more because they want the experience!

In order to give you a better experience at OSJ we are beginning a store remodel. We will be creating a few more seating areas were you can enjoy a more intimate environment to look at jewelry and watches. Work is to begin shortly. I'm using Jere Plank again, from Archicon, he did our original design of the store in 2007.

Last week a client came into the store with a ring she bought from a competitor up the street for $15,000. It was such an egregious overcharge for a ring that we would have charged $6,000. The jewelry business has changed, and you need to do your homework.

George Reid, my new watch guy, is doing a great job for OSJ. Please stop in and say hello and ask him to put you on his WATCH WORDS email blast list that talks about the watch industry and new products in the store. Or email him here.


Consumer confidence is the highest in 16 years!  No amount of bad leadership can cripple this economy or this just have to keep working.  

Diamond prices are still flat or some would say depressed. Good time to buy. Gold is getting a little hot at $1340/ounce. We are still looking to buy estate jewelry. Please continue to send me your referrals. I promise to take good care of your friends and neighbors. Send Jodie an email to get on my schedule.


Lastly we are looking for someone to help us in the sales department. Must have at least five years experience selling jewelry locally. Let me know if you have a good person.   

OSJ is proud of the value we represent to our clients. After 35 years in an extremely competitive business we have grown 30% this year alone. No one sells custom designed high quality fine jewelry for a better price than we do!


Oliver Smith

Thoughts from the Desk of Oliver Smith

Nikki Ollive

When I was young growing up on a farm in Eastern Pennsylvania my Mother ran the house!  She had some great one liners, and with 5 kids it was hard to get in more than that....

  • There's more than one way to skin a cat
  • It hasn't killed you yet
  • Anything you get from me would be an improvement
  • It's only money
  • Shut the door, you're heating up the entire town
  • Looked like death warmed over
  • Can't never did a thing
  • I have a match but she's in Hollywood
  • Show your leadership

Happy Mother's Day to all of our FIRST CLASS MOMS!

My brother Leidy and my Mother celebrating her 90th birthday last month.

My brother Leidy and my Mother celebrating her 90th birthday last month.

In other news; my shopping center is filling up! Word is they are putting a Sprouts in the shopping center, right next to me! Smack dab in the middle of the center. What do you think about that? The world is changing and big shopping centers need to adapt. 

Consumer confidence is the highest since 2004.

Congrats to NDP (Notre Dame Prep) for beating Brophy in State Lacrosse championship.

LaVar Ball pushing $495 sneakers for his brand! What is he thinking?

Dbacks are starting off strong! Go DBacks!

Final Four was a blast in the valley last month. The Ducks made it to the Saturday game but were beat by the Tar Heels. Tripp's frat brothers piled in their cars and drove in from the coast. Aimee and I had 9 boys staying at the house. 

This summer OSJ will be showing at the Las Vegas Antique Jewelry and Watch show at the LV Convention center from June 5th to the 8th. This is the best estate show in the west and a must for anyone that has a passion for the visual history of the jewelry industry.

 Are you interested in seeing your jewelry sold at this show? Give me a call!

Don't make the mistake of buying a FAKE watch from an online seller, come to us and buy everything certified. This month we have had 2 clients come to us with fake Panerai that they bought off the web. Be careful! 

Gold staying high! $1228/ounce. Still a good time to sell. Call Jodie and get on my schedule if you want to look into selling any jewelry you are no longer wearing. 

 Recently I bought the prettiest diamond! Read more about this gorgeous stone Here!

Our newest designs are up on the website! 

Click here to see my latest creations.



      Oliver Smith

Panerai Past to Present Retrospective

Nikki Ollive

Celebrating the upcoming release of Panerai's new Luminor Due collection, Oliver Smtih brought together a collection of astounding vintage and modern Panerai watches for the Panerai Past to present event, including a special appearance by Panerai's North American President Giovanni Carestia. 

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