As Standy mentioned, stay on OF and read a lot. You need knowledge to keep from getting ripped off or make poor decisions. $500 is probably light for a nice piece, esp from a dealer. There is too much disposable income in Vancouver to keep prices in check. If you can, spend the year learning and buy next year with a bigger budget.
Vancouver has slim pickings for a vintage watch scene:
- be careful at the flea market, lots of guys with cigarettes in one hand and a chainsaw in the other “repairing” and selling watches. Go there to spot fakes and practice asking questions.
- I’d stay away from J & M coin. I personally do not trust them. That is just my opinion
- take a trip to
http://www.ottofriedlwatchservice.com/, and you can then try on some real vintage pieces so you can better learn what is real and what is fantasy
- same with West Point Grey Time, they have a modest selection of honest vintage. Don’t judge them by their low-end website
http://www.westpointgreytime.com/
- either of the above can be your watchmaker. Same with the German Watchmaker in Yaletown, but he doesn’t have pieces to sell. Great rep for repair though
- the Kerrisdale antique fair is in a few weeks, better pickings there than the flea market. Just be sure to go on Sunday, I am going Saturday and don’t want you to scoop me
Break over, back to work...
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