Investing In Vintage Watches: THE WATCH ADVISER's Top Vintage (And Contemporary) Picks Of The Month
The watch industry has developed into one of the largest, most lucrative niche industries on earth. With collector and dealer communities growing by the hour, minute, and second, success is seemingly perennial for plenty of individuals in this business. Certain watches owned by the "market-makers" and "market-players" have seen a drastic increase in value over the past decade. Here are some shining examples of such watches, all currently for sale, that not only exhibit the effects of this strong market, but also have a promising future.
1. THE PATEK PHILIPPE 2ND SERIES 2499R (ROSE GOLD)
The Patek Philippe 2499 is the undisputed king of perpetual calendar chronographs. Of course there is the exalted reference 1518, but the 2499 is what comes to mind in an instant when you think of a contemporary-sized, vintage, and ultra-complicated wristwatch. You can read more about this specific Patek 2499 in red gold HERE.
Seller: Matthew Bain, Robert Maron. Price: $3.2 Million.
2. THE OMEGA SPEEDMASTER PROFESSIONAL ALASKA PROJECT, REF. 145.0302
The Watch Shop at Christie's recently brought in an entire collection of (relatively) modern and vintage Omega watches, many of the which are in near-perfect condition. Included in this collection is the limited edition "Alaska Project" Speedy, number 1718 out of 1970 pieces. Its rigid steel case, snow-white dial, and hefty bracelet simply beckon adventure. This watch may not cost a million bucks, but I predict it will be a good investment. You can pick this one up HERE at the Christie's Watch Shop.
Seller: Christie's (Contact: Reginald Brack). Price: $5,200.
3. The Patek Philippe REF. 2458 J.B. CHAMPION OBSERVATORY
The unique, platinum Patek Philippe J.B. Champion is once again for sale, though this time not on the auction block. It's in the hands of Bob Maron and offered at price of $4.5 million-$5 million. Just sell the home, the Ferrari, your cases of '61 Chateau Margaux, a couple of Albers, and put your money into this watch...SERIOUSLY. Quite frankly, I'd say the price of this Patek is reasonable for such a sought-after piece. Once this sells, chances are you'll never get this opportunity again. Visit www.robertmaron.com for inquiries.
Seller: Robert Maron. Price: $4.5 million-$5 million.
A POSSIBLY UNIQUE ROLEX REF. 6604 IN PLATINUM
For a while I was really into the 1601/9. That was until I laid my eyes upon this platinum 6604. This [mostly likely] unique datejust features a black guilloche dial, a smooth bezel, and an original platinum bracelet. This is a watch worth watching. Mirifico!
Click HERE For More Information.
Seller: Watches In Rome. Price: Price Upon Request.
CARTIER TANK CINTREE IN PLATINUM
This very fine and rare Cartier Tank "Cintree" is the eptiome of old-world style and sophisitcation, with its curved platinum case, elongated Roman numerals, and blue steel hands. The watch bears the original white gold Cartier clasp and a sapphire cabochon crown.
Seller: Edward Faber. Price: $69,500.