Investing in a timepiece is not a decision to be taken lightly, and knowing where to purchase from is a vital element to making the correct decision. Purchasing directly from an antique timepiece dealer is certainly the best way to go about adding a new treasure to your collection and here is why:
An auction in May at Antiquirum’s auction house in Geneva saw an Urban Jürgensenpocket watch fetch the handsome sum of 747,750 Swiss francs in the auction of ‘Important Modern and Vintage Timepieces’, (lot 84). This was an astonishing 18 times more than the original estimated value.
Vintage watches for sale don’t come much rarer than this. If you’re looking to own a piece of horological history, then it’s going to cost you. The latest example of this is a stunning Patek Philippe watch, reference No. 2499, that sold for $2.5 million at an auction in Hong Kong on May 31.
A Breguet movement, one of several vintage watches for sale at a recent auction in Geneva, has commanded a pleasing $3 million at an auction which was fruitful to say the least.
When starting an antique watch collection, it can be easy to get carried away, buying the first item that you see. But if you do not choose your antiques carefully, you could end up with a collection which will gain little value over the years, and also one that offers little cohesion when you take a step back and overview your complete collection.
Fear not, the experts at Pieces of Time have gone to the effort and written a list of golden rules for collecting antique watches that will help get you started and on track with your new collection:
The Federation of the Swiss Watch Industry has recently reported a slip in sales on new exports in the watch market. However, while the new watch market suffers a slip, the market for antique watches is enjoying even more popularity than usual.
If you are new to the pocket watch scene but are enthused enough to want to learn more in the regards to the world of antique pocket watches for sale and collecting, we have just the thing for you.
As pocket watch and other antique movement dealers, we know that these pieces are precious and valuable. We deal in these timepieces on a daily basis, but there are plenty of people who cannot comprehend who or why antique watches can demand the price tags that come with them.
A sublime Breguet pocket watch, one of the many antique watches from their collection which was formerly owned by Charles-Louis Havas, founder of news wire Agence France-Presse (AFP), will launch Christie’s Rare Watches auction on 16 May 2016 at the Four Season Hotel des Bergues in Geneva.