The 'moving the needle' point is a good one.

Dec 06, 2019,20:11 PM
 

I hadn't thought of that before--it's a good way of pointing out that our concerns with watch collection value tend to be weirdly fetishistic about money-making.

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5950a thoughts. Am I being narrow-minded?

 
 By: blau : December 6th, 2019-08:44
I see that there's a 5950a coming up for auction, still sealed in its plastic baggie. I see that this very same watch was purchased at auction from a different auction house, in that baggie, four years ago. I think it's safe to bet that its next owner, wh... 

I have heard before that people had nasty surprises with sealed watches passing from buyer to buyer.

 
 By: Bill : December 6th, 2019-08:51
The story goes that unsuspecting buyers bought and kept the watches sealed and then years down the road and several buyers later it was deemed to not be an authentic watch. As they say buyer beware. Investment vehicle. Yuk. Just my 2c Bill

ha!

 
 By: blau : December 6th, 2019-08:56
I guess that's just one more reason for its new owner to keep it sealed! Wouldn't want to be the one standing there when the music stops.

I think you are perfectly right. We (or at least most of us here) view watches primarily as a passion and/or a cultural interest, others entirely as an investment.

 
 By: FabR : December 6th, 2019-08:57
This is why in recent years Patek has directed all ADs to unseal a watch upon sale to the final customer; normally you don't even get to keep the opened carton box. So examples of sealed Pateks at auction will probably be fewer and fewer gong forward, at ... 

There are plenty of watches from plenty of brands that are not hype driven.

 
 By: Horo_Traveler : December 6th, 2019-09:01
There will always be a segment of those who purchase individual watches for an investment, which I can’t understand personally as (i) you can’t invest enough except for the biggest pieces to move the needle for your personal wealth and (ii) unless you are... 

The 'moving the needle' point is a good one.

 
 By: blau : December 6th, 2019-20:11
I hadn't thought of that before--it's a good way of pointing out that our concerns with watch collection value tend to be weirdly fetishistic about money-making.

Probably my favorite PP...

 
 By: mdg : December 6th, 2019-11:59
Cushion shape...Interesting (rarely seen) complication...Breguet numerals...Manual wind...Stainless steel. Nice! Even though I will never have the funds to buy one, I have my own rule within my budget (for watches and other things): Don't buy it if you ca... 

Thumbs up to that! [nt]

 
 By: blau : December 6th, 2019-12:25

Safe queens ...

 
 By: Chromatic Fugue : December 6th, 2019-15:41
There is exactly one circumstance when I applaud an owner for buying a watch and keeping it in the safe for a dozen years. That’s when the owner buys a great reference (say, the 3940) just before it goes out of production and then sells it to someone like...