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Could the sum of the parts value more then the whole watch?

Schoffenhausen
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Hi to all,

Could the sum of the parts value more than the whole watch? Let me explain: a certain vintage watch, in good shape, everything original, costs, for instance, 2.000€. Could their parts, sold separately, cost more? Maybe I'm wrong, but i think this happens a lot, especially with Speedmaster's. What's your thoughts about it?

Best regards,

João Belchior
 
STANDY
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Yes
It's very common, especially Speedmasters
 
flame
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Hi João

Yes certainly....145.012-67 is a prime example.

Best - Neil
 
Schoffenhausen
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flame flame
Hi João

Yes certainly....145.012-67 is a prime example.

Best - Neil

Thanks for your reply Neil. And not only with that. I think that even with the Mark II it happens. I think you can easily sell the movement, the hands and the bracelet for more than the whole watch.

Best regards,

João
 
chipsotoole
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Other brands like vintage Jaeger Lecoultre have really suffered from this "parting out" effect as they simply don't offer a comprehensive spare parts catalogue like other companies...and to my knowledge, never did .As a result certain movements are really difficult to fix. ..Took me a VERY long time to source a cal p478 clutch wheel. ..I think there are certain 321 parts (other than the hands, dial and bezel) that are a bit of a holy grail. It's a brave man that sets out to build a scarce watch by way of gathering all the parts...
 
mr_yossarian
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Just calculated this one, head only. Rather not, so it strongly depends on the watch and condition.
20170704_093149.jpg
 
Archer
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chipsotoole chipsotoole
Other brands like vintage Jaeger Lecoultre have really suffered from this "parting out" effect as they simply don't offer a comprehensive spare parts catalogue like other companies...and to my knowledge, never did .

Not quite. JLC can repair any watch they ever made, and still have old tooling to ensure that. What they didn't do is distribute parts widely like other brands did. So yes they have a complete catalogue of spare parts, but you have to go through them to access it.
 
ext1
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I think this happens in the bay a lot. Same seller selling a whole host of parts for one speedy with the same year.
 
chipsotoole
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Used to be a thing with paring out vintage guitars as well...Until the bubble burst....
 
Davidt
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Schoffenhausen Schoffenhausen
Thanks for your reply Neil. And not only with that. I think that even with the Mark II it happens. I think you can easily sell the movement, the hands and the bracelet for more than the whole watch.

Best regards,

João

I don't agree that it applies to mk2's but the original Speedmaster - certainly.
 
Schoffenhausen
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Davidt Davidt
I don't agree that it applies to mk2's but the original Speedmaster - certainly.

Neil, let's make this exercise: for how much can you sell the movement of the MkII? And the case? And the hands? And the dial? Can't this four parts be sold for more than 1.500€?

Best,

João
 
Davidt
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No they can't.
The whole reason it applies to vintage Speedmasters it that the bezel and to a lesser extent the dial and bracelet can be used on early as well as late 60's models. The early 60's models are more valuable and so late 60's models can be parted out for more than their net worth.

This doesn't carry over to mk2's. Apart from the racing ones which demand a slight premium, no one is paying a premium for mk2 parts as they're only good for mk2's. The parts don't carry over to other more valuable references.
 
mr_yossarian
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Schoffenhausen Schoffenhausen
Neil, let's make this exercise: for how much can you sell the movement of the MkII? And the case? And the hands? And the dial? Can't this four parts be sold for more than 1.500€?

Best,

João
Demand and supply. Example: I can get you anytime, right now and tomorrow again a nice MK II Dial for less than 300 Euro, a brown one for 400. Now try that with a regular Stepdial, any.
 
Schoffenhausen
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mr_yossarian mr_yossarian
Demand and supply. Example: I can get you anytime, right now and tomorrow again a nice MK II Dial for less than 300 Euro, a brown one for 400. Now try that with a regular Stepdial, any.

Ok. And for how much do you sell a 861 movement, that fits both?
 
mr_yossarian
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Schoffenhausen Schoffenhausen
Ok. And for how much do you sell a 861 movement, that fits both?
Technically yes, ethically no. Latest the Extract from the Omega Archive would tell you you can't fit it in both 😀..hence there is a price difference for these 861s
 
Schoffenhausen
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mr_yossarian mr_yossarian
Technically yes, ethically no. Latest the Extract from the Omega Archive would tell you you can't fit it in both 😀..hence there is a price difference for these 861s

Of course. But remember, a Mk II is also cheaper (in some cases, much cheaper) than a moonwatch, therefore the rule also applies to the Mk II, even if it is by a, let's say, small margin. ☺️
 
Davidt
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That's the issue with a mk2 861 - although it will 'fit' an original Speedmaster, it's not correct and an extract will show that it didn't start out in a 145.022.
 
Davidt
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Schoffenhausen Schoffenhausen
Of course. But remember, a Mk II is also cheaper (in some cases, much cheaper) than a moonwatch, therefore the rule also applies to the Mk II, even if it is by a, let's say, small margin. ☺️

Haha if you say so 😉
 
mr_yossarian
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Schoffenhausen Schoffenhausen
Of course. But remember, a Mk II is also cheaper (in some cases, much cheaper) than a moonwatch, therefore the rule also applies to the Mk II, even if it is by a, let's say, small margin. ☺️
That confuses me. Do not dissasemble watches. Except for Mk 2s probably ( sohorry to all oowners!)
 
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