Watch Collection: Selling vs. Buying in 2020
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Watch Collection: Selling vs. Buying in 2020

By damianp · Jan 3, 2021 · 34 replies
damianp
WPS member · Horological Meandering forum
34 replies6433 views1 photos
f 𝕏 in 💬 🔗

In a collecting journey often characterized by acquisition, damianp shares a refreshing perspective on the art of curation. His 2020 recap details a pivotal shift: selling more watches than he bought, a move that brought unexpected satisfaction. This introspective look into collection management offers valuable insights for any enthusiast grappling with the balance between accumulation and refinement.

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Since I‘ve seen a lot of members doing an horological recap of the year 2020, I now did my own. I‘ve always been bad at selling watches I didn‘t wear anymore. Most of the time, I ended up trading them in for another watch, which didn’t help in reducing the size of my collection. So I‘m really happy that in 2020, for the first time in 8 years, I‘ve sold more pieces than I bought. 5 pieces had to go (JLC Memovox blue boutique, Blancpain Fifty Fathoms, JLC deep sea chrono, Omega Speedmaster, Nomos Ahoi), while 3 came in (Bulgari Octo Finissimo, Patek 5172g, Sinn U1) . And I have to say, it feels good. The time in lockdown helped me to concentrate on not just thinking about selling, but also doing it. As Covid continues, my target is to also sell more than I buy in 2021. I‘ve already identified the first two watches to sell, but since I‘ve also already got one piece on order for mid-2021 delivery, it will be a tough task smile It also helped me, that the used market is flooded with always the same watches. If that changes, my task becomes even more difficult.
Picture shows my first sell of this year in april, the Omega Speedmaster.




About the Patek Philippe Chronograph Ref. 5172

The Patek Philippe Chronograph reference 5172 represents a contemporary interpretation of the classic manually wound chronograph within the brand's collection. It succeeded the reference 5170, introducing updated case proportions and dial aesthetics while retaining the traditional two-register chronograph layout. This reference is distinguished by its round pushers and a slightly larger case diameter, offering a modern presence on the wrist while honoring Patek Philippe's heritage in complicated watchmaking. It is a key offering for collectors seeking a pure chronograph function without additional complications.

The 5172 is typically presented in a precious metal case, housing the in-house caliber CH 29-535 PS. This manual-wind movement is visible through a sapphire crystal case back, showcasing its traditional architecture and finishing. The movement provides a substantial power reserve, ensuring reliable timekeeping and chronograph operation. The front crystal is also sapphire, protecting a dial designed for legibility with applied numerals and a pulsometer scale.

This reference appeals to collectors who appreciate Patek Philippe's commitment to traditional haute horlogerie and the art of the manually wound chronograph. Its design cues, such as the syringe hands and applied Breguet numerals, evoke vintage chronographs while being executed with contemporary precision. The 5172 stands as a testament to Patek Philippe's enduring capability in producing high-quality, in-house chronograph movements, positioning it as a significant piece for enthusiasts of complicated timepieces.

Specifications

Caliber
CH 29-535 PS
Case
18k white gold
Diameter
41mm
Dial
Blue
Water Resist.
30m
Crystal
Sapphire

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The Discussion
AM
amanico
Jan 3, 2021
Almost the same here: 6 out, 0 in. I still have to reduce, but I hope that it will be for one or two in.

DA
damianp
Jan 3, 2021
Wow, 6 out, none in. That‘s great. Didn‘t think, you still had „that many“ left. I was under the impression, that you already had a collection reduced to only very special pieces.

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AM
amanico
Jan 3, 2021
Naaah, not yet, I am working on that. My ideal ratio? Ten out / one in.

DA
damianp
Jan 3, 2021
I recognize the number 10. My 3-year-target is to reduce my total collection by 10 pieces, which basically means I'll have to sell about 14-16 to be able to get new pieces in.

AM
amanico
Jan 3, 2021
Not an easy game, eeeeh? ;)

DA
damianp
Jan 4, 2021
Not easy at all :-)

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Available on the marketplace

Patek Philippe 5172G-001 Blue Dial Manual Wind Watch on Leather Band
79,995 USD
Pre-owned - Good · US
View all Patek Philippe on the marketplace →Patek Philippe Complications Chronograph 5172G-010 White Gold Salmon Dial
78,888 USD
Pre-owned - Good · US
Patek Philippe Complications Chronograph Salmon Dial White Gold Watch 5172G-010
72,706 USD
Pre-owned - Good · US
Patek Philippe Complications Chronograph White Gold 5172G 5172 Box Papers
72,490 USD
Pre-owned - Good · US

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