First five figure vintage watch purchase

[tekno]

Originally Posted by Dan S

I would do my own research the way that an appraiser would do it, using auction sales, forum sales, etc. I want to see the condition of each comp to really understand the valuation. We tend to think that the internet should provide everything to us on a platter, but sometimes there is no substitute for actual research and personal expertise. If you are a reasonably experienced collector, you should be able to do it in an hour or two. For references that particularly interest me, I keep ongoing records of sales in spreadsheets. This also allows me to recognize when particular examples are re-sold.

This is important advice.

You need to know what the watch you’re after is selling for vs asking prices too.

I hate explaining this to someone selling something that briefly browsed the high end asking prices on auction/retail sites when I’m buying out of their private collection.


Sent from my iPhone using Tapatalk Pro