Ug aero company 1960 questions

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Hello everybody,I'm a owner of a Ug aerocompax 1960,I would like to know,why so expensive?what make this watch so special? Don't get me wrong I love this watch,is just curious,
 
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Hello everybody,I'm a owner of a Ug aerocompax 1960,I would like to know,why so expensive?what make this watch so special? Don't get me wrong I love this watch,is just curious,
It comes down to two basic things, demand and supply. Many people want and there are not that many left. Why so many people are chasing them is another question, but in very simple terms I would say they find true beauty in watches like this.
 
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They were used by pilots. led hard lives and there are very few left. Most are in rough shape, so pristine examples are really desireable. They are an interesting design from a red hot defunct manufacturer.
 
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looks good. In the ebay snaps, the movement looked as if it was beyond saving. I expect that you sourced parts for it and rebuilt it.

Well done. congrats ....

I look forward to seeing the finished product 👍
 
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Is in the watchmaker,
Great, Great, Great, Great Job Luis, please show us more from the restauration of your aero-compax !
 
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As with all things in this insane hobby: rarity, brand reputation and chance

UG made few of these watches. That alone drives up the price. They also went bankrupt, so no more reissues etc will ever be msde

But Part of the reason is that Universal Geneve is a "hot" brand right now. For the past several years, prices have been skyrocketing. Kind of like what happened with Heuer. Part of it is brand awareness-sites like Hodinkee, ablogtowatch, this forum have more prominently featured this brand, and as the watch market exploded, so did UG prices in particular. And watch auctioneers like Christies and Phillips have really started to hunt for these watches, so prices keep going up.


How high can they go? Who the hell knows?

Congrats on your spectacular restoration, proved me very wrong!
 
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Congrats Luis. One element no one mentioned is "fad".
1960s watches associated with car racing became fashionable, some UGs became (very) fashionable as a result, and this spread to other UG watches. The fact that they do have beautiful designs and good movements obviously is important too. But that's not enough to explain.