Art,
Your point about watchmakers is very well taken. I'm lucky to have one, with a small but very sharp team, that already put me out of serious bad deals.
About vintage, I made an attempt to advise the newcomer to stay away for a long time until she/he builds a very large knowledge about watches.
Sourcing parts, watches that got butchered by not so much watchmakers, adaptations and finally ... fakes are the main challenges of the vintage collector.
Yes, the fake industry has their evil eyes on the vintage market. I already acquired (and returned) a plain simple NOS Tissot chronograph that was a fake on the inside.
The fake maker logic is simple. Fake a popular watch and many have the ability to identify. Fake a vintage one, outside the major league, and they have more chance to succeed.
Cheers,
Nilo
This message has been edited by nilomis on 2013-09-11 12:00:39