Abstract: Security systems such as those suitable for use with luxury items, such as wristwatches, are described. The systems primarily include: (1) a transmitter physically associated with the item, wherein the transmitter is operable to generate an electronic signal, wherein the electronic signal contains information regarding the status of the item; (2) a receiver operable to receive the electronic signal from the transmitter; and (3) a database containing information regarding the status of the item, wherein the information regarding the status of the object contained by the electronic signal is operable to be compared to the information regarding the status of the object contained by the database. The information can include ownership information, product identification information, manufacture information, purchase information, maintenance information, repair information, warranty information, and the like.