Armed Robbery at Watchmaker’s in Reykjavík Skip to content

Armed Robbery at Watchmaker’s in Reykjavík

Three men in masks robbed the watch and jewelry store Michelsen on Laugavegur, Reykjavík’s main shopping street, yesterday morning. They were armed with handguns and threatened the watchmaker and his staff.


From Laugavegur. Photo by Páll Stefánsson.

The thieves were well organized, using three stolen getaway cars. Eyewitnesses say they were inside the store for only about one minute and they only took the most expensive watches, as reported by broadcasters Stöd 2 and RÚV.

“It is clear that they didn’t plan it over a cup of coffee,” watchmaker Frank Michelsen commented to Fréttabladid. They stole watches of the brands Rolex, Tudor and Michelsen, which cost around ISK 500,000 (USD 4,300, EUR 3,100) each.

Two handguns replicas were found but the store’s staff insist that a shot was fired during the robbery, although sufficient proof has yet to be found, reports.

Border security at Keflavík International Airport was reinforced immediately following the robbery but the culprits remain unfound. The police have obtained recordings from the store’s security cameras.

Michelsen said the most important thing is that everyone is safe, not necessarily that the watches are retrieved, and that “this shouldn’t be allowed to take place in Iceland, that robberies like this are carried out in our peaceful country—or as it has been so far.”

The watchmaker is offering ISK 1 million (USD 8,600, EUR 6,300) in prize for those who can help the police solve this case. Call: (+354) 444-1000 or email: [email protected].

Here is a picture of a man the police believe may have had part in the robbery.


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