Antique Watches, Luxuries to Show Off
Antique Watches, Luxuries to Show Off
Girard-Perregaux Cat’s Eye series diamond watch, the most expensive watch in the world
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Antique watches as heavyweight works of art, with its preciousness, decorative function, functionality, brand and global recognition, are trendy luxuries for the rich to flaunt their wealth in the past 300 years. It is no longer just a convenient timer for buyers, it has become a reflection of social status and financial strength. A top-level antique watch itself is a beautiful work of art, both its unique design and manufacturing process and the complex installation of movement are strongly sought after by collectors.
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Antique watches collection without borders
People often say, the poor play cars, the rich collect watches. At present, the well-known antique watch brands such as Patek Philippe, Vacheron Constantin, Audemars Piguet, Blancpain, IWC, Piaget, Cartier, Jaeger LeCoultre, Rolex, Girard-Perregaux and other brands, without exception, their watches have high-quality movement and elegant appearance, which reflect the status of the buyer.
Pendant watches with portraits made by the emperor’s order
The reserve value of antique watches are accessed according to five aspects generally, which include the style, shape, brand, age and the condition of movement, in addition, the complex function of watches is one of the conditions of their appreciation, such as the sun, moon and star, moon phase, perpetual calendar, tachometer. In early 18th century, a large number of British-made mechanical power timer had been imported into China, and China’s mechanical watch-making industry also rise during the reign of the Qing Emperor Kangxi. Due to the impact of these Exotic watches, mechanical watch manufacturing emerged in Guangzhou and other places, the initial production are imitations, and later as the technology matured, a large number of watches with accurate timing and sumptuous decoration were successfully produced. The watch manufacturer in China reached a peak during the Qianlong period in the late 18th century thanks to their combination of European watch-making technology and Chinese traditional craft. Compared with the large sized western time pieces, the smaller sized ones are more suitable for collectors to play with. Among them, Ruyi watches and the snuff-box watches are the two most unique collection categories. For collection investors, they may wish to do some homework before they purchase watches made for the Qing Empire. The National Palace Museum has the richest collection of mechanical watches made in the 18th and 19th centuries, owning more than 1,000 pieces of watches and clocks, and it will be of great benefit to do some study.
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Brand, Year and shape decide the value
Antique watches are very precious top collection pieces. The first factor to consider is the brand, and for the same brand, if a watch has longer history and smaller quantity exist, then it has bigger room for appreciation. For more than 20 years, antique watches collection has become more and more popular and is like the sun at high noon. In 1988, New York Sotheby’s has successfully held a special auction of antique watches, which were once the collection of the contemporary American artist Andy Warhol, more than 200 fine watches were auctioned, the brands including Patek Philippe, Vacheron Constantin, Rolex, Omega watches, etc., and the knock-down prices was three times higher than the valuation. In the antique watches, the most precious watchcase material is platinum, followed by 18K gold, 14K gold, 9K gold, silver, gild, silver-clad, steel and so on. And the most precious K gold is red gold. In addition, under the same conditions, special-shaped watches are more valuable than conventional watches, such as watches with square-shaped cases are expensive than the round ones, rectangular shape more expensive than square-shaped, and triangle shape is more expensive than square ones. Therefore, we can see, collecting antique watches not only can reflect the collector’s noble status, its artistic value, economic value and market potential are also immeasurable.
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