Hamilton Powell, Founder & CEO
A 4th generation Atlantan, Hamilton Powell is the CEO of Crown & Caliber, LLC. He is also is the managing member of Powell Growth Capital, LLC, the funding source of Crown & Caliber. Hamilton raised a private equity fund in 2007, Powell Growth Capital, LLC. During the course of his private equity career, Hamilton has bought and sold companies involved in a variety of industries such as logistics services, asset-based lending, consumer goods retail, equipment rental, as well as a host of other industries.
Early in 2012, Powell Growth Capital funded and started Crown & Caliber. Based in Atlanta, GA, Crown & Caliber has changed the way individuals sell high end luxury watches. The company offers an easy and rewarding way to sell a high-end luxury watch currently not offered anywhere else, and dubs this service “modern consignment”.
When asked about the genesis of Crown & Caliber, Powell stated, “During the course of my career, I noticed a tremendous amount of capital dedicated to the ecommerce space (using the internet to buy an item). However, there were very few solutions being offered in the recommerce space (using the internet to sell an item), particularly within the luxury sector. To me the luxury sector is epitomized by nice watches. Therefore, we elected to create a company that made it easy for individuals to sell a luxury watch.”
Shortly after, Crown & Caliber was founded and funded.
Hamilton felt so strongly about his fund’s investment in Crown & Caliber that instead of hiring an outside CEO, as is typical of Powell Growth Capital’s investments, he elected to run it himself.
Crown & Caliber focuses on over 50 brands of luxury watches including Rolex, Cartier, Patek Philippe, Omega, etc. When asked what his favorite watch has been to purchase, Hamilton said: “That would have to be a special Rolex 5513 because it was my first delve into vintage Rolex watches. I was hooked the second saw it.”
When not focused on watches, Hamilton is an active member of Christchurch Presbyterian Church and frequently serves at the Atlanta Mission. He is a member of the Young President’s Organization (YPO). Hamilton and his family reside in Atlanta, GA.
About Crown & Caliber
Buying a luxury watch is easy. But selling a luxury watch is frustrating, time consuming and fraught with scammers. Unless you are a full time watch dealer, odds are you are leaving money on the table when selling a watch on your own. Crown & Caliber makes it easy to sell a watch for the highest value possible with our “modern consignment” service. We will provide you with actual historical sales data for your watch and use such data to provide you with an estimated selling price. If you agree with the estimate, we will send you prepaid and insured packaging materials for you to ship your watch to our facility. Once received, we will clean, service, professionally photograph, warranty and list your watch on multiple sites, as well as proactively market it to our subscriber list of over 50,000 watch enthusiasts and our network of over 300 dealers. Over a 60 day period, we will guarantee you an offer for your watch within its original estimate. We have modernized the consignment process so that your watch will be seen by thousands of potential buyers, thereby ensuring the highest price possible for your watch. We work with over 50 brands such as Rolex, Brietling, Patek Philippe, Omega, Panerai and others.
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