When you enter the gate of the Panjiayuan Collection Market on the southwest corner of Panjiayuan Bridge  near the Beijing Henan Plaza, the first thing you see is a row of shops decorated in ancient Chinese style.

And the first shop at the entrance is Shengda Valuable Watch Firm, specializing in second-hand, name-brand Swiss watches.

Looking at the various old watches and clocks arranged in showcases makes the shop look almost like a museum.

Every watch, Rolex, Omega, Longines, etc., is shown with the original Guarantee Registration Certificate.

Prices for most of their watches range from RMB 10,000 to RMB 30,000.

While they may sound expensive, the shop owner told me that prices for some of their watches are lower than in Europe.

They also buy, repair, maintain, and renew old watches.

Apart from watches and clocks, the shop also carries old silver wares, rosewood sculptures, and old jade wares.