The best year and the worst year, at the same time
On July 21, Buzz Aldrin stepped onto the Moon wearing an Omega Speedmaster — Neil Armstrong had left his own watch behind in the lunar module Eagle as a backup timer after the cabin's clock failed, which is the only reason Aldrin's, not Armstrong's, became the first watch ever worn on another world. Five months later, on December 25, Seiko unveiled the Quartz Astron in Tokyo — the first quartz wristwatch, accurate to roughly five seconds a month. It triggered what the industry still calls the Quartz Crisis: between 1970 and 1988, Swiss watchmaking employment fell from around 90,000 jobs to about 28,000. The same year mechanical watchmaking reached the Moon, it also began its near-death experience back on Earth.