In today’s tech-obsessed world there are always going to be some people always want the latest thing, you know, the latest gadget, and invariably they’ll desire the latest fashion, or other such fresh releases. But in the high-end world of timepieces, there are a whole host of reasons to buy vintage/antique watches for sale over new ones. Let us state the case.
In an interview with the New York Times, Daryn Schnipper, chairwoman of Sotheby’s international watch division, has given an insight into the current antique pocket watch market and how pocket watches are significantly increasing in popularity in the Asian market.
Back in the 19th century, the pocket watch was most certainly considered as a status symbol, with only the wealthiest members of society being able to afford one. With the arrival of the wristwatch after World War I, it sadly became unfashionable to carry a movement in your vest pocket. However, recent times have seen the pocket watch enjoy a resurgence, as we have previously reported, they have re-entered the aristocrat’s dressing room, and not just there- vintage watches are high on everyone who is anyone’s list of items they need in their collection.
Those of you who are currently interested in buying watches and time-pieces will be delighted to know that records have been breaking all week long during the watch sales in Geneva. Both Christie’s and Sotheby’s sales exceeded all expectations. The climax last night of a world record price for any vintage time piece. The Graves watch which sold for in excess of 20m SF + Commission. The last time this watch was sold at auction was…
Are you one of those gentlemen who enjoy a making a statement, subtle and understated at the same time? A watch chain hung from the vest (the exact tailoring term for a waistcoat) is an achievable yet very personal and individual stylistic declaration. Patek Philippe makes bespoke pocket watches that can be provided on streamline-link gold chains with the brand’s Calatrava cross emblem all included as part of the assembly should you so wish; effectively creating purposeful man-jewellery.
Lord Alan Sugar recently highlighted that one of the fastest growing new business markets on the globe is focused around the development of wearable technology, but some people are opting for vintage watches to wear in protest.
If you have been following our blog articles as we tracked the build up to the auction of Henry Graves’ Supercomplication pocket watch. 15 years ago, the Supercomplication went under the hammer $11m (£9.6m) and was last wound in 1969. Fortunately for the lucky new owner it is still working to this very day. The most complicated handmade watch ever created, has been sold at auction for a cool 20.6m Swiss francs (£13.4m).
A family heirloom that once belonged to a welder who was part of the crew employed to construct the infamous Titanic has recently been presented to antiques expert Jonty Hearnden at an appraisal event.