Is it serviced?

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It’s amazing how collectors cringe at the idea of “serviced” and love a “drawer find” that looks like it’s never been touched- but have no idea of the amount of hours on the watch.
If we were presented with a 40 year old car that never had an oil change or service and had 200k miles on the clock (I know, impossible- but for the sake of arguement) any rational person would run away screaming!

Different modes of failure, so not a good comparison.

Back when I was buying up pocket watches years ago, some of the best condition watches I bought had never been serviced. They were bought, worn until they stopped, and then tossed in a drawer and left there until someone down the line put it up for sale on eBay. The old oils used then were not like modern oils - they would gum up and stop the movement before any serious damage was done, where modern oils tend to just dry out and allow the watch to keep running, wearing itself out.
 
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Different modes of failure, so not a good comparison.

Back when I was buying up pocket watches years ago, some of the best condition watches I bought had never been serviced. They were bought, worn until they stopped, and then tossed in a drawer and left there until someone down the line put it up for sale on eBay. The old oils used then were not like modern oils - they would gum up and stop the movement before any serious damage was done, where modern oils tend to just dry out and allow the watch to keep running, wearing itself out.
Agreed- poor analogy, but when I see all those service marks, it tells me that someone loved that watch and wanted to make sure they took care of it. Luckily they had a watchmaker that did justice to the piece.