While most makers of luxury goods have suffered in the recession, watchmaker Jorg Gray can thank Barack Obama for helping it weather the downturn.

The president has been wearing one of the company’s watches since August 2007, when he got it as a gift from his Secret Service agents for his birthday.

The company says that the Secret Service originally was looking for a watch for the team, something rugged, good looking, and highly accurate. It was decided to give one to Obama so he would be wearing the same watch as his detail.

Surprisingly, the 6500 Chronograph Commemorative Edition, which we can now described as the “first watch” is cheap at $325. Read the rest of the article @ USNews.