Things To
Do Before Purchasing Vintage
Watches For Sale
There are so
many bright, shiny watches out there that you can buy from reputable retailers,
that still have all their papers and that you know have all their original
parts, so why buy vintage
watches for sale?
In the same
way that vintage car collectors may drive a modern one but collect vintage, the
same is often true of watches. A vintage watch may not have the same toughness,
accuracy or reliability as a modern one and it certainly won’t be covered by a
three- or five-year warranty but it has history and reflects the development of
watchmaking over the years. So if you want to buy one, here are the things you
should do first. Read below.
Research
The first step
of course is to educate yourself. The world of vintage watches for sale is about as esoteric
as theoretical astrophysics and before you start drawing up plans for a Dyson
sphere you’ll probably want to study up. As for where you get that education
there are a few places you can go – the deep, dark world of forums; consulting
‘specialists’ – but here is a better idea: visit auction houses! This is where
you will see expensive watches and what watch collectors want. If a handful of collectors get into a bidding
war over a watch, it’s one you should probably remember. It’s something that
auctioneers have been getting on board with. Their catalogues tend to be
fantastic at pinning down exactly what makes a watch desirable. They do want to
sell them, after all.
Reliable
retailer
Not all retailers
are created equal – and not all are playing an honest game. They might have
your dream watch, but don’t go in guns blazing as it might turn into a bit of
an ambush. You can know reliable retailers through word-of-mouth. Ask around
fellow collectors and even some of the auction houses. Both will have
relationships with certain retailers and can point you in the right direction.
Once you have two or three recommendations, you can go in and start talking to
them yourself. You need to build rapport with a dealer – or dealers – that you
think are trustworthy, preferably ones that are prepared to do swaps with you.
Investment
piece
It is better
if you look for an investment piece, such as Rolex and Patek Philippe, which
are the go-to brands. Watches from these companies tend to rise in value most. You
also need to focus on these watches' details. Small changes made between
different versions of the same watch can mean the difference between a €4200
investment and a €42,000 investment. Do your research ahead of time and know
exactly what you’re looking for.
First-class
watches
A well-made
watch is practically a piece of art. Look for a respected, sought-after
movement, so you know your new watch isn’t going to freeze up the minute you
strap it around your wrist. You need to buy vintage watches with a quality
movement that is accurate and remarkably desirable. Also, look for the
company’s logo on the case, dial, crown and movement for further proof that
you’ve got a first-class watch on your hands.
Calendar
features
Some of the
most impressive vintage watches include awe-inspiring complications that boost
their value. A perpetual calendar watch, for example, displays not only the
date and month but also the day of the week, the year and the moon phase – all
while accounting for the differing lengths of months and leap years. You only
need to set the movement 3x every four centuries.
Service
Records
You cannot
know if a watch has been serviced, and one that is 25 years old or older need
servicing at some point. However, service records are routinely overstated and
sometimes faked entirely. It’s not always apparent if a service record has been
faked, but there are tell-tale signs: no photos of the disassembled movement; a
seller who “lost the service ticket” or fails to specify exactly who did the
service, and so on. Sellers fake service records because vintage watches that
come with them typically sell for more—sometimes a lot more—than those without.
If you’re lucky, you may find a compulsive record-keeper selling a relatively
inexpensive watch, but it rarely happens. There are also different levels of
maintenance, ranging from a complete cleaning and rebuild to a quick check-up
during which very little is done. If the seller is claiming that there was a
full rebuild, you’ll want to get photographic proof before making the purchase,
as you’ll be paying for that overhaul one way or the other.
Full sets
It would be
best to buy a full set vintage watch. This means it still has its original
packaging and paperwork, such as warranty cards, owner’s manual, sale receipts,
and any service records. Full sets are worth more than partial sets and often a
lot more than watches with none of the original accoutrements. But be wary of
fake packaging or packaging from other watches, too.
These are the things you should do
before purchasing vintage
watches for sale. You also need to know if the case of the vintage
watch you'll buy has been polished. The bright, shiny watch you have in the
crosshairs may be the denuded husk of its former self, worn down over repeated
polishings to resemble a smooth, featureless pebble plucked from a riverbed.
You should look for crisp lines
and angles and a minimum of case scratches. If your watch checks out, it may be
perfectly fine even if it has been polished. Just remember that a watch can
bear only so many polishes in its lifetime, and you don't want to buy one
that’s been polished to death.