How often do you go 1000 USD + to buy vintage?

Dan S

One issue with low-priced watches is that service costs comprise a substantial part of the value. Earlier in my progression as a collector, I focused on lower priced pieces, but I like to have them serviced, and that creates a major problem if you decide to sell or trade them later, since you end up eating the service costs. Or another way to look at is that your annual service/repair costs represent a large fraction of the total value of your collection if you own a lot of low-priced pieces. That's one reason I have gradually convinced myself to add higher-value pieces to my collection. It's easier to justify servicing them and making them correct.

chipsotoole

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You missed the price of the setting lever!! 120 UKP fora service is a great deal, and it is indeed a lovely watch with what I'm assuming is an 18k case....But this is a perfect example of the point I'm trying to make. Is it worth 900 pounds? Yes probably if it's gold ? Would someone go to 1200 UKP (1300+ USD )for a simple uncomplicated watch of this nature with no particular historical or military provenance from a non commercial seller? That's where I'm not so sure...I'm not meaning to dis your sale in any way and I sincerely hope you get what you want for it, but to hobby collectors like me, this is a significant step over my personal comfort zone. The watch owes you 720 or so, I can certainly see a small profit there.. but a 50% markup on your outlay might be a bit ambitious.
Your watch box is very cool btw.

Larry S

Started in the nosebleed zone, avoiding the cerebral hemorrhage zone and now in the not buying a damned thing till I sell something zone. My opinion of sub 1000 watches is that there are diamonds out there. I’ve grabbed a few. There are also money pits and watches that just look like s..t frankly. You can spend a lot of cash on cheap watches. They need to be in impeccable condition to justify the service and decent strap.

Larry S

I believe that the squirrel once referred to collectors like me as “black holes”. It may take centuries. 😗

Actually I hope to have some more free time in the next year to actually start managing the collection more.

Larry S

Yea ... started this journey 5 years ago. I got some good watches and some ok watches. All are in regular rotation. That’s the problem ... nothing sits in the safe. Nothing is asking to be sold.