What makes a precious watch collection?

!±8± What makes a precious watch collection?

The practice of collecting watches as a hobby and for investment purposes has become very popular over the past 40 years. The main trigger for this activity has been observed the formation of an auction market called "Antiquorum". Originally scheduled in Geneva, now have offices in New York and Hong Kong.

They have established several record sales in recent years.

Patek Philippe 1939 platinum in 2002 for U.S. $ 4026524

In 2005 he ran a "thematic"Vacheron Constantin Auction for the brand, which has a turnover of U.S. $ 15,000,000.

This world beat auction results on the passion among collectors looking to dig into their closets, cabinets and other people find old mechanical watches. Such was the interest in this sale, which values have continued to rise, especially for rare and limited edition watches. All the big names are represented, and you could say that such an interest isenticed many companies to sell the business of owning and Watch Company. Many of the large multinational companies to sell the brand like any other lively activities.

The price of everything sold is of course determined by the buyers. In recent years a number of offers for big name watches wars have broken. Determined bidders fought tooth and nail to the product, the total increase or maintain their existing collections.

Asure way to get the price you see in the double-auction is to have all original packaging, sales literature and, of course, the clock in excellent condition with original belt.

As with any "antique" the source of a clock can significantly add to its value. Keep a detailed account of the owner may be useful. It has a clock by the President of the United States, the Queen of England or of other celebrities have a large impact on the value of alook too.

By way of example, Albert Einstein's Longines watch was auctioned in 2008 for U.S. $ 596,000.

Mahatma Gandhi's Zenith pocket watch, with glasses, sandals and a bowl, in March 2009 sold for U.S. $ 2,096,000! Not bad for a man who lived a modest life.

So the next time you're cleaning up the time to check for mechanical watches. If you're lucky, you can find the Diamond watch your ex for his birthday was 30 ... although to be real, ieProbably long gone!