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Top Quality Rolex Champagne Watches (198) Items
Top Quality Rolex Champagne Watches (198) Items

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  • Collecting - Vintage Value Equation (3)


    WORLDTEMPUS - 16 August 2012

    Dials deserve special mention when talking about the originality of vintage watches because, in my opinion, an original dial comprises approximately half to three-quarters of the watch's overall value. For example, a vintage Rolex Daytona with a normal original dial is worth only half of the same watch with an original Paul Newman dial. A Rolex Submariner from the 1950s with its original unmodified dial is worth double the same watch with a later Rolex replacement dial. Naturally, very few such early watches survive to this day with original perfect-condition dials, but such pristine original dials exist. These perfect watches command a substantial price premium over watches with degraded, but otherwise original, dials. Degraded original dials command more value than OEM (original equipment maker) replacement dials.

    I mentioned last week how dials can be modified for aesthetic or functional reasons - known in the jargon as re-painted, as re-dialed, re-lumed, etc. - and dials that fall into this category have the least value. Fake dials, fairly prevalent on otherwise valuable original watches, have no value and are considered a serious demerit to the watch for obvious reasons. However, the other real parts of the watch have value, which is to be remembered for the serious collector who may have a collection of original parts accumulated over many years, which he or she can combine to form a watch comprising all original parts. So-called "put-together" watches are less than optimal because they are not original. As the years go by, however, and parts and/or entire watches get damaged, discarded or become otherwise unavailable, these spare original parts can result in a complete original watch that would otherwise be a broken or less-than-original watch. 


    It's not surprising that the dial is the most important part of the watch because the dial is how the wearer interacts with the watch. A compromise with the dial is a compromise in the enjoyment of the watch, and ultimately in its value.
    Cases and movements are also often less than completely original and, again, this can be for various reasons. Both are still critical factors in arriving at the value of a watch, however. Ideally, both the entirety of the case and movement will be original. Hopefully, the movement will have been serviced over the years and be running. If the movement needed or needs parts, OEM parts are preferred. However, the bottom line is that the watch is running. An original movement with some non-original parts is preferred to a broken movement that doesn't run. In more complicated watches, especially vintage Rolex Daytonas, the movements are sometimes not original. Vintage Daytonas were powered by Valjoux movements that were commonly found in other quality chronographs of the era. A vintage Daytona may have the Valjoux movement numbers 72B, 722, 722-1 or 727. Rolex made their own modifications to these movements and, of course, engraved the bridges. Given the value of vintage Daytonas, resourceful crooks have "put together" vintage Daytonas using real Valjoux movements from non-Rolex watches (without the Rolex modifications or with faked modifications), and a combination of other real or faked parts. Watch cases are not usually counterfeited, but you may find a Universal Geneve case masquerading as a Daytona case.


    One other point needs to be made about cases and movements: Rolex stocks replacement cases and replacement movements for watches received for servicing with irretrievably compromised parts. These cases often have a distinct serial number starting with the numeral 44. Likewise, the movement in a vintage watch may be a replacement movement if the original was rusted or somehow destroyed. Knowing which movements belong in which watch is a matter of experience and building an excellent resource library; so many part numbers can get confusing for anyone.
    The condition of the watch is the next most important variable in determining the watch's value, and sellers grade condition. Some sellers will use a number scale with 100 percent condition meaning the watch is as perfect as new. Other sellers use words like mint, mint+, near mint, excellent, etc. I like to believe most sellers make an honest attempt to describe their watches accurately. Not surprisingly, the seller often describes the condition of the watch more optimistically than the buyer will describe it once receiving it. So if you are buying a watch, make the guarded assumption that the seller's condition assessment is probably optimistic.
    Obviously, the better the condition of the watch, the more valuable it is. As such, there are some specific things to pay attention to and there are tradeoffs. Every collector has to decide what is most important to him or her in this regard.


    Specifically, when a watch case leaves a factory it is new, shiny and not diminished from being polished. Some collectors put a premium on a watch that has been polished so that its surfaces are clean enough to give the appearance of being like new. Other collectors prioritize originality over appearance. A watch case has a specific finish when it is new, and many watches have a combination of alternating finishes like mirror-polished, matte, sandblasted, or brushed surfaces. If a watch returns to its manufacturer for service, the watchmakers will restore the original finish, which is important. Using Rolex once again as an example, many Oyster cases are brushed on the top surfaces of the case, mirror-polished on the sides, and the case back is mirror-polished on its outer ring and brushed in the center. The center may be concentrically or laterally brushed. Send a watch to Rolex for service and it will come back looking perfect.
    However, careless watchmakers have ruined hundreds of thousands of watches by applying a mono-finish when working on a case. I have seen far too many fully mirror-polished Rolex cases and all brush-finished Panerai cases that should have been polished. Fortunately, this is reversible, but remember: each and every time a watch case is polished, metal is eroded and lost forever. Also, check the case for serial and model numbers and other engraving or printing that should be on the watch. All should be crisp and legible. Many cases have been polished to the point where original markings are either illegible or removed altogether. On precious metal watch cases, look to make sure that the metal's hallmarks are present. If you are looking at what appears to be a gold or platinum watch, the case should have hallmarks. Finding a crisp, deep hallmark means the case is both made of the metal it purports to be made from and has only been lightly or never polished.

    Related stories:

    COLLECTING - Vintage Value Equation (1)
    COLLECTING - Vintage Value Equation (2)

    COLLECTING - Vintage Value Equation (4)

  • Antiquorum - Auction in Geneva Achieves CHF 7,006,275


    Geneva - Antiquorum's weekend sale of « Important Vintage and Modern Timepieces » held on Saturday 13th and Sunday 14th of November at the Mandarin Oriental Hotel in Geneva, realised CHF 7'006'275 with 80% of the lots being sold. This concludes Antiquorum's autumn auction season with a total of CHF 15'922'890.
    In addition to the 339 online bidders, there was a substantial presence in the room as well as numerous telephone bidders. Attendance came from around the world , including Germany, Italy, the United States, Romania, Hong Kong, Taiwan, China, Singapore and Canada.
    "We are very satisfied by the results achieved this weekend in Geneva, in particular with the impressive price obtained for the Everest Rolex of Alfred Gregory", said Julien Schaerer, Managing Director & Auctioneer. "This demonstrates the great interest of collectors for timepieces that not only have historical significance, but also bear great emotional value."


    The top lot of the auction was the extremely rare Patek Philippe Ref. 2499, in Pink Gold (lot 643), which sold for a remarkable CHF 1'082'500. Other Patek Philippe timepieces achieved very good results, including the Ref. 3450 (lot 252), acquired for CHF 212'500 and the Ref. 866/75 in yellow gold (lot 636), with enamel hunting scene on the case back: "Departure of the pack at daybreak" that reached CHF 92'500.
     The Rolex Ref. 6098 (lot 621) worn by Alfred Gregory on Everest during the successful expedition of 1953, drew a lot of attention and excitement among the collectors. After fierce bidding in the room against the phone and internet, this watch of enormous historic significance sold for an exceptional CHF 145'300, more than 5 times its high estimate.
    Another timepiece of great interest, the Quarter-Repeating Navette-Shaped Ring Watch (one of only two known examples) given to The Emperor Napoleon I. (lot 466), reached a remarkable CHF 92'000.
    Girard-Perregaux wristwatches also obtained notable results including the "Opera Two, Tourbillon, Carillon 'Westminster' Minute Repeater with Tourbillon," No. 2, Ref. 99740 (lot 548) that achieved CHF 182'500. The "Vintage 1945 Collection Prestige Set Unique" (lot 547), comprising four exceptional platinum wristwatches, sold for CHF 112'900.
    "Superb complicated modern wristwatches made both by the renowned Manufacturers and the independent artisan makers draw increasing interest amongst a new generation of collectors, seeking exclusive and limited series watches", commented Etienne Lemenager, Director & Watch Expert.
    Omega aficionados were thrilled by the important collection of 40 Limited Edition Omega Speedmasters, property of a private Italian collector. These timepieces evoked great enthusiasm among bidders and achieved the exceptional result of CHF 223,250, with 100% of the lots being sold. Some of the highlights included the "Speedmaster Professional" Apollo XIII Ref. 3450022 (lot 12) which sold for CHF 9'375, the "Speedmaster Professional" 999 Galaxy Train Ref. 3571.50 (lot 25), made especially for the Japanese market which attained CHF 10'000 and the "Speedmaster Professional" Ref. 3570.40 (lot 27), another limited edition for the Japanese market, was acquired for CHF 8'750.
    Finally, the Panerai "Luminor" Ref. 6152/1, made for the Italian military frogmen circa 1950 achieved an outstanding result of CHF 100'900.
    "The Italian bidders have proven once again that they are key players within the European market continuing their traditional great interest for vintage wristwatches, in particular for Patek Philippe, Rolex and Panerai timepieces", said Thomas.

    Results

  • Rolex - Oyster Perpetual Date Just Lady

    Fresh, refined and elegant. Fitting descriptions of the gracefully feminine new Rolesor models in the Oyster Perpetual Datejust Lady 31 mm collection.
    An ode to passion and sensuality, these delicate gems for daily wear are an invitation to share in their carefree youthfulness. They celebrate with brio the marriage of their materials — precious stones, 18 ct gold and 904L steel — and colours.


    Wide range of dials
    These new Lady 31 mm models in yellow, white and Everose Rolesor are available with a wide range of dials and decors. The floral motifs on the dark rhodium, and champagne and pink dials are produced using an electroforming technique, a very subtle deposition of material that reproduces the design with extreme precision. These visually attractive motifs give pleasing volume to the dial.


    Fluted and gem-set bezels
    The Oyster Perpetual Datejust Lady 31mmis available with either a fluted bezel or domed bezel set with 24 or 46 brilliants, reflecting the slightly rebellious and mischievous side of the pieces with a hint of intrigue.


    Gem-set 6 o'clock hour marker
    The gem-set Roman numeral hour marker at 6 o'clock adds a fascinating, singular touch to a watch that makes every minute an escape from time.
    The timeless lightness of this Lady 31 mm should not obscure the extreme precision of its mechanical self-winding movement with a Perpetual rotor.
    The lady can thus return at any time to the world of the present and live the moment to the fullest.

  • Rolex - L'Oyster Perpetual Datejust II Rolesor



    Created sixty years ago, the Oyster Perpetual Datejust Rolesor is the world's most recognized and recognizable watch, if not the standard-bearer of an art de vivre. Impervious to the vagaries of fashion, it remains eternally modern. And the new Datejust II Rolesor for men and the Datejust Rolesor 36 mm for ladies, with gem-set bezel, are the proof.
    Subtly redesigned over time, the Oyster Perpetual Datejust Rolesor, archetype of timeless luxury, embraces all the latest watchmaking innovations to meet the most demanding technological requirements.
    The history of this must-have masterpiece of contemporary watchmaking is rooted in the rich heritage of Rolex timepieces. It is the fruit of the Oyster, the first waterproof and dustproof wristwatch entirely designed and manufactured by Rolex in 1926. The movement of the watch receives its energy from the Perpetual rotor, the first self-winding mechanism with a free rotor, created in 1931. The Datejust made its debut in 1945, its name inspired by the date displayed in a window on the watch dial.
    The Oyster Perpetual Datejust Rolesor is the hallmark of the Rolex brand. Precise, waterproof, self-winding, this officially-certified Swiss chronometer with date display is crafted with only the noblest of materials and assembled with the greatest of care.

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