For me condition is everything and this one has it to the max.

http://www.ebay.com/itm/Superb-New-...863181942?pt=Wristwatches&hash=item2574315c76Purchases made through these links may earn this site a commission from the eBay Partner Network

 

33 . Just a hair small

 

I think everything on that watch is original including the red seconds hand. It doesn't look like it has ever been opened. And yes while the price is high, we have yet to know how much the seller would accept. And I have always been an advocate of placing a huge premium on mint or NOS pieces. The vintage watch community has yet to see the escalation in price based on condition of say the collectible comic book community. Take for example the comic book x-men #1 from the early 60s. A copy rated at 9.4 to 9.6/10 in condition could fetch $40-50,000 but a copy rated 9.8/10 just fetched a shade under $500,000. So there you are talking about a 10fold price difference for perhaps a 5% improvement in condition. For less important comic books, the premium for that difference in condition is perhaps 300-400%.

Remember it is all about condition, condition, condition. This watch I linked to I would value higher than the same model in average condition in 18k gold. Some may disagree but that's how I look at this hobby of ours. Some folks who have invested more money and time than me won't even touch a piece at this point unless it is near NOS if not outright NOS and if they find the watch in the condition they want, they wouldn't hesitate to pay a huge premium.

I am getting my latest purchase this coming week and will start a thread here to hopefully illustrate this point.

 

Biggest premium are for the more sought after watches no matter the metal - cal. 321 speedmasters for example.

 

Coins and stamps are the same way. Even extremely common pieces, like those you find in everyday change, can sell for massive amounts when independently certified in higher mint state condition. For coins, this would be MS-68 and up.

Add rarity into the mix and the sky's the limit,
gatorcpa

 

Mike, I have some concerns about the lining up of the minute and hour markers at 11 and 10, especially at 11 they appear off. Also the crosshairs appear a little thick, but that just may be how they appear being as new. Question 3, is this watch really 33mm or is it 34 or 32?

 

Really does look like it came out of a time capsule, clean as

 

Not really that concerned since looking at the watch overall, it looks legit NOS. I have had pieces that had minor imperfections in the dial that I know to be NOS.

 

Great , watch is your guess the actual diameter is, 33?

 

My guess is that it's a 2846 with a 500/501...

Gents' leather strap

Reference
KO 2846
International collection
1956
Movement
Type: Automatic (mechanical)
Caliber number: 500 / 501
Cal. 500
Created in 1955, 17 jewels
Cal. 501
Created in 1955, 19 jewels
Both with central sweep-second hand
Case
Gold-cap on stainless steel
Case back
Press-in
Dial
Luminous (radium), with hand-rivetted gold hour markers and gold "Dauphine" hands.
Crystal
Armoured hesalite
Bracelet
Leather
Water resistance
30 meters

 

Sold for $1650!

 

I like that one!

 

Very interesting , same type of hands. I suspect the first was a cal 410 or 420, so what is the predecessor of the 354?