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killer67
·blast from the past....Air America wow
Hodinkee article on antiques road show Rolex find
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jhross98
·I hope so for their sake. Anyway, when I saw the Hodinkee article it immediately triggered a thought in my mind which I have had many times before. What makes these watches worth this much money? The answer is simply that this is the amount people are willing pay for them at the moment. Nothing more. It is a fabricated value. That is a very tentative pile of straws indeed. People today are paying $20,000 for a run-of-the-mill Daytona, and $15,000 for a GMT Pepsi based on the premise that their value will hold. The problem is they are paying well above even the retail price. Additionally, the public’s tastes will change. This is inevitable. They always do. It is never a good feeling to have the floor fall out from underneath your feet. I would be very ill at ease paying these top dollar prices. Just my opinion.
just my 2 cents. . there is a huge difference between watches and baseball cards. when baseball card values started rising via beckett's price guide with never-inflating values. . there was literally no limit on supply and the card companies printed unlimited sets
it was a classic bubble. . .no one knew how many of a certain card existed and the demand was based on chasing price action
vintage watches are totally different to this. i dont' view them as a store of value like art but there is a finite supply of correct watches. . and demand is demand
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cvalue13
·Agreed. There was wear on the sticker.
But who cares. Still probably the best in existence outside the Rolex Museum. If such a thing exists.
gatorcpa
gator, when the gentleman was assessing the watch and speaking specifically about the caseback sticker, he seemed to suggest that if worn the numbers themselves would be the first to wear (independent of the sticker itself, with some wear at its margins, etc.). Maybe he was just misspeaking, but I thought that suggestion interesting and wonder if there are others who can speak to it.
that the watch had not been worn seemed a pretty confident assessment but that fella, and would love to know if he’s mistaken or had more story to tell on that conclusion than was shown
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vbrad26
·Ok, so this one appears to be new, and I looked and I did not see it posted (unless I missed it).
This is a good one...
This is a good one...
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vbrad26
·
So should I delete the OP and replace with a "." and then change the thread title?
Side note, I usually skip threads with the word "Hodinkee" worked in there.
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Engee
·As with so many items shown on the Antiques Roadshow, I'm pretty sure the guy knew exactly what he had. Whether he knew when he bought it that it would one day be valuable, I don't know. I reckon he bought the watch and never really got on with it so it stayed in its box. As for the papers, I reckon he's just the sort who is very organised and keeps things neat and tidy, I mean, even his headband was ironed.
Of course, none of this matters, and I'm very pleased for the guy, but remember it's all for TV.
My dad was in the antiques business here in the UK for years. He knows for a fact that many of the items shown on the Antiques Roadshow are set up - a collector of something or other in the local area is contacted and asked to bring along something that will wow the audience. Again, I'm not saying that's what happened here, but watch this show with a wary eye.
Of course, none of this matters, and I'm very pleased for the guy, but remember it's all for TV.
My dad was in the antiques business here in the UK for years. He knows for a fact that many of the items shown on the Antiques Roadshow are set up - a collector of something or other in the local area is contacted and asked to bring along something that will wow the audience. Again, I'm not saying that's what happened here, but watch this show with a wary eye.
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Wryfox
·It is a fabricated value. That is a very tentative pile of straws indeed. People today are paying $20,000 for a run-of-the-mill Daytona, and $15,000 for a GMT Pepsi based on the premise that their value will hold.
I really don't think that's the case. I've been in the art world for a long time, and many other collectible fields. People who can spend 15-20k on a collectible of any kind are the kind of people who wouldn't even sniff if it went down to 5 or 10k, or if it went up to 30-40k. If you have that kind of disposable cash for things like this, its only a number.
I have a million examples but one quickly...I recall one auction where I got friendly with a fellow sitting by me. I saw him at the end at checkout desk. I asked him how he did. He said great. I asked if he lightened his wallet or blew out his budget. He said he didn't have a budget, just that he was looking for certain items. He then said he was probably in at like 150...then his wife comes by and says "oh no dear, its like 250" He just smiled and says..."whatever".
One of the areas I have interest is Japanese swords. Its an expensive hobby. They have an expression in that field..."sword first, price second".
To people at that level, its more important to find what they want vs how much it costs.
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Wryfox
·He knows for a fact that many of the items shown on the Antiques Roadshow are set up
Having watched both shows, UK and USA, it seems the UK show is more set up, and the USA show relies more on volume to find good items. Thousands show up for each location. You're gonna have a few stars without even trying.
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MoclovFlop
·I also watched this last night and when the appraiser mentioned this was one of the nicest probably in existence, the first thought that popped into my head was - is it possible there are still stockrooms out there in some abandoned or neglected watch shop with a handful of these (or similar) just sitting around? True NOS?
I know that's a Schrodinger's Cat kind of question, but you see it with other places ( I think American Pickers went to a shoe store or something where the grandkid had to clear out Grandma's old shop that's been sitting since the 80's). Obviously it's harder to forget about boxes of old Rolxes than it is boxes of size 10's. But maybe?
I'm sure the law of averages says there's probably one hoard out there in the world. I just wonder what kind of modern treasure is waiting to be discovered.
I know that's a Schrodinger's Cat kind of question, but you see it with other places ( I think American Pickers went to a shoe store or something where the grandkid had to clear out Grandma's old shop that's been sitting since the 80's). Obviously it's harder to forget about boxes of old Rolxes than it is boxes of size 10's. But maybe?
I'm sure the law of averages says there's probably one hoard out there in the world. I just wonder what kind of modern treasure is waiting to be discovered.
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redpcar
·As with so many items shown on the Antiques Roadshow, I'm pretty sure the guy knew exactly what he had. Whether he knew when he bought it that it would one day be valuable, I don't know. I reckon he bought the watch and never really got on with it so it stayed in its box. As for the papers, I reckon he's just the sort who is very organised and keeps things neat and tidy, I mean, even his headband was ironed.
Of course, none of this matters, and I'm very pleased for the guy, but remember it's all for TV.
My dad was in the antiques business here in the UK for years. He knows for a fact that many of the items shown on the Antiques Roadshow are set up - a collector of something or other in the local area is contacted and asked to bring along something that will wow the audience. Again, I'm not saying that's what happened here, but watch this show with a wary eye.
I don't think it's as bad as you say. I know a couple people who attended the shows. My mother in law went but didn't get on tv. A friend of mine went with a guitar. The dealer saw it and had him go to the special stage. Kept him in the dark. Signed a few documents saying this might be televised. The appraisers made no mention of any value. He knew something was up and VERY surprised when they told him it was $3K. No clue. Took 6+ months to be aired btw.
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gatorcpa
··ΩF InvestiGatorI don't think it's as bad as you say. I know a couple people who attended the shows. My mother in law went but didn't get on tv. A friend of mine went with a guitar. The dealer saw it and had him go to the special stage. Kept him in the dark. Signed a few documents saying this might be televised. The appraisers made no mention of any value. He knew something was up and VERY surprised when they told him it was $3K. No clue. Took 6+ months to be aired btw.
Good thing my sister listened to her brother who told her to bring her entire collection, rather than the one piece that you were supposedly limited to at that time.
I also remember that for large items (paintings, furniture, etc.) there was a phone number that you called to set up an interview. Those items were pre-screened by local appraisers months before the taping. I'm sure that they had professional art and furniture movers on call to box up the big items and bring them to the location.
For smaller items like jewelry and watches, I don't think there is any set-up for that. The last one I went to in 2012, there were people that flew in from all over the Southeast US just to try to be on the Roadshow. With such a large draw, I'm sure there are always surprises for the appraisers as well as owners.
I brought my Jaeger-LeCoultre collection, which included both versions of the Futurematic. There was very little interest from the Watch table.
gatorcpa
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Engee
·I don't think it's as bad as you say. I know a couple people who attended the shows. My mother in law went but didn't get on tv. A friend of mine went with a guitar. The dealer saw it and had him go to the special stage. Kept him in the dark. Signed a few documents saying this might be televised. The appraisers made no mention of any value. He knew something was up and VERY surprised when they told him it was $3K. No clue. Took 6+ months to be aired btw.
I'm not saying the whole show is always a set up, of course they pick stuff out from the attendees, and there's usually enough worth showing.That said, they can't always rely on that, so having some significant items ready in case they need to pep the show up is a smart strategy. What doesn't get on the show, of course, are the thousands of items of worthless junk that the majority bring along to each event.
Did your friend know his guitar was interesting? If not, what made him decide to take it along? Surely he would have some knowledge it was worthwhile otherwise it wouldn't have crossed his mind to take it. It always makes me smile when people raise their eyebrows in surprise at the valuations offered. "Oh really?" they say, "I had no idea". Oh yes they did.
On the other side of it, the experts often over-value the pieces. When I used to watch it with dad it was common for him when a valuation had been given, to chirp up with, "really! how many do you want? I can get you as many as you like for that price!"
Edited:
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gatorcpa
··ΩF InvestiGatorI added the video there because there was a good discussion about the watch already going on.
gatorcpa
gatorcpa
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redpcar
·I'm not saying the whole show is always a set up, of course they pick stuff out from the attendees, and there's usually enough worth showing.That said, they can't always rely on that, so having some significant items ready in case they need to pep the show up is a smart strategy. What doesn't get on the show, of course, are the thousands of items of worthless junk that the majority bring along to each event.
Did your friend know his guitar was interesting? If not, what made him decide to take it along? Surely he would have some knowledge it was worthwhile otherwise it wouldn't have crossed his mind to take it. It always makes me smile when people raise their eyebrows in surprise at the valuations offered. "Oh really?" they say, "I had no idea". Oh yes they did.
On the other side of it, the experts often over-value the pieces. When I used to watch it with dad it was common for him when a valuation had been given, to chirp up with, "really! how many do you want? I can get you as many as you like for that price!"
He really had no clue. Played it a little in Jr High School then put it away. He knew it was a nicer guitar when it was given to him used in the early '70s.
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Dsloan
·As with so many items shown on the Antiques Roadshow, I'm pretty sure the guy knew exactly what he had. Whether he knew when he bought it that it would one day be valuable, I don't know. I reckon he bought the watch and never really got on with it so it stayed in its box. As for the papers, I reckon he's just the sort who is very organised and keeps things neat and tidy, I mean, even his headband was ironed.
Of course, none of this matters, and I'm very pleased for the guy, but remember it's all for TV.
My dad was in the antiques business here in the UK for years. He knows for a fact that many of the items shown on the Antiques Roadshow are set up - a collector of something or other in the local area is contacted and asked to bring along something that will wow the audience. Again, I'm not saying that's what happened here, but watch this show with a wary eye.
As many have mentioned, I would suspect that the producers work to cast several items/people in advance of taping. These types of productions require a lot of risk management - you are coordinating tons of people and crew, and you need to leave with enough content for an an entertaining hour of tv. However, at least Antiques Roadshow seems to contain some genuine surprise, as opposed to shows like Pawn Stars or Storage Wars, which are heavily produced and seem to contain little to no unscripted content.
All that aside, I hope this fellow enjoys his retirement!
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jhross98
·what a great segment. i don't know if the watch is truly unworn or not. .and i thought the guy's reaction was a little over the top (i agree he knew it was valuable). . but assuming this is all legit it ranks as one of the world's great watch finds
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