Difficult to answer ...
By: Marcus Hanke : November 5th, 2008-12:07
the largest problem certainly is that we do not have a good reference book on vintage pieces from Ulysse Nardin. As a result of the company's turbulent days before Mr. Schnyder took over the helm, a lot or archival references have been lost, but most of all, many old pieces from the company's own collection have been sold, or simply stolen. Only partially, Mr. Schnyder succeeded in tracking them down on auction, and to build up a small, but fine collection of old UN timepieces.
Regarding wristwatches, it can be stated that Ulysse Nardin followed the example of most other watch brands, by purchsing movements from specific movement manufacturers. A. Schild, ETA, Venus, Lémania, to name but a few. The main focus on UN's own manufacturing had been on pocket watch movements, however, there were some wristwatch movements as well.
One of the difficulties for future UN collectors also is the fact that UN had founded an American subsidiary, the Ulysse Nardin Chronometer Corporation, which was responsilbe for the US market. Due to the American tax legislation of the Fifties and Sixties, only the movements were imported from Switzerland, and placed into American-made cases. Contrary to the term "Chronometer", contained in the company's name, these watches were as close to veritably tested chronometers as I am to becoming an astronaut. The movements used in these watches were rather simple, as were the cases. The good stuff was still completely assembled in Le Locle, and then exported as a complete watch. That these orignally inexpensive watches are reaching substantially high prices at auction sites today, is mostly tributed to the good name the company has today, but only in rare cases justified by the vintage watch itself.
Really fine were the chronographs, which were always assembled in Switzerland. Often, these were own movements, or sometimes fine-tuned supplied movements. they are very collectible today, a fact well known to the counterfeiters, unfortunately. therefore, most watches of this type that are offered at certina auction sites are marriages, where a possibly original UN dial is used to make an authentic impression, while a cheap movement is put into a cheaply produced case, mostly produced new, but with a worn vintage look. Often, even chronograph bridges with the UN brandname stamped into them, are mounted on the movement. These watches are worth nothing at all.
Regards,
Marcus