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Old 27.09.2015, 17:16
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What's a watch worth?

An old invalid lady has asked me to find out what her late husband's wrist watch is worth. It's not a cheap thing - made by IWC and pure gold - a classic watch I would think. I've been to two 'old watch' dealers in Zurich. One tells me the watch is worth Fr.800.-- and the other Fr.3000.-- Clearly there is a difference between the buying price and the selling price which is probably why the two prices are so far apart, but where can I go to reliably and objectively find out its true market value ? Anyone know?
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Old 27.09.2015, 17:20
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Re: What's a watch worth?

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An old invalid lady has asked me to find out what her late husband's wrist watch is worth. It's not a cheap thing - made by IWC and pure gold - a classic watch I would think. I've been to two 'old watch' dealers in Zurich. One tells me the watch is worth Fr.800.-- and the other Fr.3000.-- Clearly there is a difference between the buying price and the selling price which is probably why the two prices are so far apart, but where can I go to reliably and objectively find out its true market value ? Anyone know?
Put on Ebay & see what happens.
Did you ask for a buying price or a valuation, the difference is what I would expect, the watch needs to be serviced, given a guarantee given plus VAT.
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Old 27.09.2015, 17:24
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Re: What's a watch worth?

Maybe a silly idea, but have you tried seeing if anything pops up on the interweb?

I recently needed to get a ball-park idea of value for some porcelain figurines and just entered the details into google.

Many of the results that came back were for reselling sites such as eBay. Obviously, what people ask, is not always representative of accurate value, but fortunately there were enough examples, that I was able to assume a rough value.

However, there are enough watch hoarders, here, that you'll probably get a more relevant and specific answer.
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Old 27.09.2015, 17:37
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Re: What's a watch worth?

There are a few things you may do.

First take pictures of the watch and note the serial number on the back of the watch and take a picture of the mechanism inside (if you can open it without damage).

Then send the information to IWC in Schaffhausen. From the serial number they will be able to determine its year of manufacture and will give you a correct estimate of its worth.

Once you've correctly established value, guarantee and ownership, the lady could post it for sale on this forum www.watchuseek.com where there are many horologists/philes.
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Old 27.09.2015, 17:50
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Re: What's a watch worth?

Since you are in ZH, why not drop by Sotheby's to have a quick chat with the watch person. You will probably need to make an appointment or leave the watch and your contact details.

You will get a realistic estimate on the value at auction. From there you can decide what to do and what would be the best option to get the maximum value for the lady.

Link: http://www.sothebys.com/en/inside/lo.../overview.html
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Old 27.09.2015, 18:10
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Re: What's a watch worth?

You could try looking on www.chrono24.com for similar watches.
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Old 27.09.2015, 18:29
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Re: What's a watch worth?

If it is a simple mechanical watch telling the time, maybe seconds too, possibly the date, then probably not so much as you think, IWC are good but not quite top table, which are usualy considered to be Patek Philippe, Breuget, Blancpain, Audemars Piguet and Vachhon Constantin.

Made in pure gold is unlikely as this infers 24ct or .9999 gold which would be far too soft for a watch, depending on age, it will be either 18ct (750) or 14ct gold (585). If it is an early model, quite likely it's 14ct.

If it has any complications on it such as moon phase, chrono, day, month, tourbillon or a combination, then this changes everything.

Maybe post a picture here and somebody can advise ?
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Old 27.09.2015, 20:30
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Re: What's a watch worth?

You could also go to the IWC shop at the Bahnhofstrasse and ask for their opinion.
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Old 27.09.2015, 20:34
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Re: What's a watch worth?

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If it is a simple mechanical watch telling the time, maybe seconds too, possibly the date, then probably not so much as you think, IWC are good but not quite top table, which are usualy considered to be Patek Philippe, Breuget, Blancpain, Audemars Piguet and Vachhon Constantin.

Made in pure gold is unlikely as this infers 24ct or .9999 gold which would be far too soft for a watch, depending on age, it will be either 18ct (750) or 14ct gold (585). If it is an early model, quite likely it's 14ct.

If it has any complications on it such as moon phase, chrono, day, month, tourbillon or a combination, then this changes everything.

Maybe post a picture here and somebody can advise ?
Your list of top watch makers is a bit limited, there are plenty more really who get top value. Just correcting here in case OP wants to Google brands, buts it is 'Breguet' and 'Vacheron Constantin'.
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Old 27.09.2015, 20:40
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Re: What's a watch worth?

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Your list of top watch makers is a bit limited, there are plenty more really who get top value. Just correcting here in case OP wants to Google brands, buts it is 'Breguet' and 'Vacheron Constantin'.
These are considered the top 5 when it comes to collecting and investment, look at any auction house past catalogues which brands make best money and of the 5 i mentioned, PP is well in front of the other 4

After these five there are several "2nd tier" manufacturers, some new, some not, JL-C, IWC, to name but two, possibly Zenith,Franck Muller (?), Rolex plus a few others to numerous to list.

Thankyou for correcting my spelling, as you know, not my strongest point
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Old 27.09.2015, 20:50
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Re: What's a watch worth?

hihi- as said, although I agree with your list, quite a few other names could be added to the list.

Now there is a IWC Museum in Schaffausen where advice might be sought- and also this quote site:

http://www.thewatchquote.com/List-Pr...ches-No_55.htm

if you click on the link you will see some of the watches in the top bracket.
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Old 28.09.2015, 00:38
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Re: What's a watch worth?

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if you click on the link you will see some of the watches in the top bracket.
Not in the top bracket at all, I define top bracket as CHF 1,000,000 or more, plenty of manufactures produce watches in this price range: I have handled watches from FP Journe, Girard Perregaux, Breguet & Patek Philippe costing 1 million or more.
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Old 28.09.2015, 10:11
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Re: What's a watch worth?

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if you click on the link you will see some of the watches in the top bracket.
Despite whatever else you may know, IWC are not in the top bracket and you know it, they are well in the second tier though along with a few i mentioned and a few i didn't.

The top bracket are the 5 that I mentioned as considered by investors and collectors. I am sure if you have an IWC or a J.L-C you would consider them top drawer, unfortunately they are not !
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Old 28.09.2015, 10:28
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Re: What's a watch worth?

Thanks a lot. Wow, that's a whole lot of information to be going on with. My next stop will now be at the IWC shop in the Bahnhofstrasse (I didn't know it existed), they can probably point me in the right direction.


Just to say - the first jeweller's shop I showed the watch to (not a watch expert) told me the watch had no value but he'd buy it from me at the gold price!!!
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Old 28.09.2015, 11:27
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Re: What's a watch worth?

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Just to say - the first jeweller's shop I showed the watch to (not a watch expert) told me the watch had no value but he'd buy it from me at the gold price!!!
Pfff.. he/she knew what it was.. disgusting..

Another tip would be to look for a serial numbers.. try on the case between the lugs (where the strap attaches).. on the inside of the back case (I'd imagine the back would screw off).. and on the 'baseplate' of the works (the biggest flat bit of metal you can see looking the insides)
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Old 28.09.2015, 11:40
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Re: What's a watch worth?

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Thanks a lot. Wow, that's a whole lot of information to be going on with. My next stop will now be at the IWC shop in the Bahnhofstrasse (I didn't know it existed), they can probably point me in the right direction.


Just to say - the first jeweller's shop I showed the watch to (not a watch expert) told me the watch had no value but he'd buy it from me at the gold price!!!
I would forget about the IWC shop. They are exactly that - a shop - selling whatever the factory produces. They have neither interest or knowledge in old watches. as others have said, go to chrono24.com, largest website of its kind and look for similar watches in the market to get an idea of the value.
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Old 28.09.2015, 12:05
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Re: What's a watch worth?

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Pfff.. he/she knew what it was.. disgusting..

Another tip would be to look for a serial numbers.. try on the case between the lugs (where the strap attaches).. on the inside of the back case (I'd imagine the back would screw off).. and on the 'baseplate' of the works (the biggest flat bit of metal you can see looking the insides)
Rolex is the manufacturer who engaves between the lugs, 12 o'clock is the model number, 6 o'clock the serial number.

I don't know of any other manufacturer who does this.

Taking the base plate off will usualy cause it to be no longer waterproof as the seal gets damaged, you may also need specialist tools as they are damaged quite easily and then once this is obvious, nobody will want the watch.

There is a watch shop about half way up Bahnhoffstrsse, on the right side, facing lake who deal with some second hand watches, they will give you a fair sale price, but in same respect, they alsop need to make money.
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Old 28.09.2015, 13:44
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Re: What's a watch worth?

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An old invalid lady has asked me to find out what her late husband's wrist watch is worth. It's not a cheap thing - made by IWC and pure gold - a classic watch I would think. I've been to two 'old watch' dealers in Zurich. One tells me the watch is worth Fr.800.-- and the other Fr.3000.-- Clearly there is a difference between the buying price and the selling price which is probably why the two prices are so far apart, but where can I go to reliably and objectively find out its true market value ? Anyone know?
Check the model number, it's engraved in the inner side of the back plate (you will need special care to open it). Then, search this model number at chrono24.com and voilá, you will find the price.
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Old 30.09.2015, 10:16
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Re: What's a watch worth?

Thanks once again for all the information. A good guideline I found on Uhrerbe.com, not only did I find the exact watch but a guide to the prices on the market - although these are in Euro. I wouldn't have trusted myself to open or in any way take a chance on anything going wrong as it isn't my watch - but I now have the basic value of the watch - thanks..
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Old 30.09.2015, 10:20
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Re: What's a watch worth?

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Thanks once again for all the information. A good guideline I found on Uhrerbe.com, not only did I find the exact watch but a guide to the prices on the market - although these are in Euro. I wouldn't have trusted myself to open or in any way take a chance on anything going wrong as it isn't my watch - but I now have the basic value of the watch - thanks..
Please let et us know how much money you actually get in cash when it's sold.
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