Not a bargain- but a story about a "bargain":
I am posting this here becuase it does apply to all of us bargain hunters and this is the bargain thread. We all love a bargain and project watches can be tempting. Sometimes they are easy, and sometimes not. Those of us who have been at this for a while know the perils, but I just want to share this for our newer bargain buddies so they can understand what it can take sometimes when we take a risk on a vintage watch. Luckily this one was cheap, and parts were cheap, but I have had a few that have cost me a fortune so it can vary.
A few months ago (while trawling for bargains to share here) I found this lovely guy
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I recognized it as a Belforte by the case back (Benrus sub-brand) and it looked to be in excellent shape. Seller said "not running- balance is good" which could have been a myriad of things. I took the gamble and bought it for $30.
When it arrived, the crown would set the hands, the second hand wound tick for a few seconds if I shook it, but winding it felt like gravel was in there and it wouldn't take a wind.
I am lucky enough to have a close friend who is very watch handy (not a watchmaker). He can do general maintenance, clean up a movment, swap parts, and does killer cosmetic cleaning and can color match a relume (truly gifted- he should pursue watchmaking but he has already has a day job). I take him most of my bargain pieces (my good stuff goes to my watchmaker).
He opened up the watch and this is what he found
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So off to eBay I go to find the part. Although Belforte was a mass produced brand, this particular movment want apparently widely used. I found similar movements, but not the same. So I took a gamble and bought this one that was one digit off for the caliber.
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Well, that didn't have the right part in it. So off into the bin of project watches it went. A few weeks later, my friend sends me this (I love that he also hunts for my parts too-he loves a project).
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The guy was asking $20 I offered $10, he counter offered. When it arrived, the watch was a total disaster- but it wound smoothly, kept near perfect time and ran for about 40hours- can't ask for better than that! So off to my friend it went and I got this back a few days ago.
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I have far more into this watch than it was worth, and had I brought this to my watchmaker it would have been painful- but I like the watch and becuase the parts were so cheap and I knew the labor would be free, I was willing to throw a little money at it.
If this had been a far more expensive watch, parts movements more costly, and I had to pay full watchmaker prices- I would be less inclined to take the risks that I do.
I think it's important to remember that just becuase it's "cheap", doesn't mean it will be a bargain- it can bleed you dry sometimes. Get to know the brands we are looking at here, know what parts cost and how available they are. Many of the watches from the likes of Gruen, Benrus, Bulova, etc used the same parts across several lines- so running condition is less important than cosmetic condition. But for some of the more obscure or collectible brands, parts can be rare or cost prohibitive as they are proprietary and long NLA (like Zodiac, UG, Longines, etc).
The more informed we are about the whole "cost", the more educated a purchase we can make.
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