In the Philippines, small businesses are encouraged by the government. They help the country's economy to thrive. A small watch repair shop is one example of a small business in the Philippines. The watch repair man owning a watch repair stall acts as the President, Secretary, Treasurer, and the only watch technician of his stall. This kind of a small business operates along the main streets in Metro Manila and the provinces and is considered the "forefront" of watch and coin trading in the Philippines. If someone needs money for emergency, the watch repair shop offers loans and takes your watches or old coins as collateral.
In everywhere I go around the Philippines, my itinerary also includes visiting this stalls because this is where I usually find some rare watch parts and rare coins. I prioritize approaching older watch repairmen for only one reason, they have been in the business for so long. These old watch repairmen usually keep rare coins and rare watch parts and when they sell, it is very easy to haggle with them.
Happy Searching!
