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WORLDWIDE Chapter 149 Message Board Forum Index » The Watch Collectors' Journal » Pocket watch collecting and the price of gold............
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Pocket watch collecting and the price of gold............
PostPosted: Wed Jul 20, 2016 10:42 am Reply with quote
Jon
Chapter President
Joined: 02 Dec 2002
Posts: 25532
Location: Boston, Ma




The green board "boys of summer" have been lamenting the high gold price lately with regard to collecting watches. Many if these types are too cheap to buy gold watches in the first place.

Actually, good gold watches are now easy to calculate--much more so when we had cheap gold. Many gold watches are cheaper today proportionately to their movement than 35-50 years ago. At least one knows where one stands AND CAN SCRAP IN NEARLY EVERY CITY OR TOWN IN THE COUNTRY.

If one doesn't like all original watches of which many were sold in gold cases--then DON"T COLLECT SAME AND JUST PLAY AROUND WITH MOVEMENTS AND RECASED SILVEROIDS or BOTTOM FEED!

GOLD HAS DROPPED $80-85. FROM THE HIGH ABOUT 2+ WEEKS AGO; JUST HOW MANY WHINERS AND COMPLAINERS WILL NOW TAKE A SHOT AND GO OUT AND BUY A FEW NICE GOLD WATCHES? At least gold watches are holding up better than many of their lousy overpriced RRs and Howards!

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Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
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PostPosted: Wed Jul 20, 2016 12:13 pm Reply with quote
interstatetime
Chapter Officer
Joined: 03 Dec 2002
Posts: 3244
Location: Indiana




I agree. Collectors either buy gold watches because the cases are really amazing on their own or because they are original to really amazing watches. Gold watches like we are talking about have always been worth more than the gold is worth now.

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PostPosted: Wed Jul 20, 2016 5:44 pm Reply with quote
StephanG
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Joined: 06 Nov 2008
Posts: 4583
Location: Melbourne Australia




The more they scrap the more the ones that remain will be worth.

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Pocket watch collecting and the price of gold............
WORLDWIDE Chapter 149 Message Board Forum Index » The Watch Collectors' Journal
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