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American watch collecting.........
PostPosted: Thu Mar 31, 2016 2:22 pm Reply with quote
Jon
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While fleabay presents various problems most of which have been discussed here on 149, one glaring eBay result not before discussed is the exporting of early or rare American watches overseas.

This fact begs the following questions:

1. Care of these watches--bad climate conditions?

2. Safety--will these remain for future collectors?

3. Repairs--poor repairs, lack of parts, cleaning solutions or butchery or what?

4. Future rarity ratings--if not recorded, will future generations "REDISCOVER" these expatriated horological items?

5. Scarcity for American collectors--demand decreases and scarcity increases?

6. It all disturbs the American market as we know it and can make for false rarity ratings. However, the minority report (dealers, auctioneers) will claim poor demand

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PostPosted: Thu Mar 31, 2016 4:37 pm Reply with quote
StephanG
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Location: Melbourne Australia




All of the above

BUT

To balance the coin there is a lot of rare stuff that was initially exported overseas or taken there by migrants that is likely going back to country of origin.

It was also common practice for companies both American and British to "Export" old stock or problem models off to the colonies so they would be safely out of the way. Because of this rare stuff is sometimes to be found in strange places.

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PostPosted: Thu Mar 31, 2016 5:42 pm Reply with quote
Jon
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I was addressing known watches in the USA!

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Jon "the truth" Hanson
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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: Thu Mar 31, 2016 6:38 pm Reply with quote
geno
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Pricing right now is in a state of flux, downward trend for sure, just don't know how far down. What were easy sales 3 years ago, are tougher now at lower prices. Geno
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PostPosted: Thu Mar 31, 2016 7:10 pm Reply with quote
StephanG
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Don't know about other places but for Australia there was more chances to buy from the US when the dollar was at parity. Even got a bit higher briefly.

At the moment we are at about 75 cents and they want it lower.

Factor in shipping costs, insurance if it is something nice, another 4 cents in the $ in exchange fees and the prices you see are about 40% more to us.

I wouldn't call it bargain time at the moment.

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PostPosted: Thu Mar 31, 2016 11:01 pm Reply with quote
Jon
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geno wrote:
Pricing right now is in a state of flux, downward trend for sure, just don't know how far down. What were easy sales 3 years ago, are tougher now at lower prices. Geno


Until the supply dries up............

And, until the demand increases

One thing is for sure--they aren't making any more GOTFW and true rarities.

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Jon "the truth" Hanson
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: Fri Apr 01, 2016 9:28 am Reply with quote
Neilywatch
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How bad of a problem is it, Jon?

I know the Chinese are buying all kinds of stuff, but they don't know what the hell they're doing.

Until the American collector comes back, which is not likely, IMO, a lot of the better stuff will drain off and just disappear, unless they are consigned to an auction over there, and some American feels strongly enough to bring them back!

I can say, for myself at least, many of the Walthams that were sold - and marketed in England and Australia, that are not easily available here in the US, I have been buying and bringing them back stateside. Not GOFW's - but I think the reverse is still true in some situations.

Exactly what kind of watches are getting drained off to foreigners?

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PostPosted: Fri Apr 01, 2016 4:53 pm Reply with quote
Jon
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early American watches

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Jon "the truth" Hanson
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: Sat Apr 02, 2016 12:04 pm Reply with quote
Jon
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Neil, what if a treasured Warren was shipped to Poland or Russia? Would if disappear. never to be seen, tracked again in the Americas............ Evil or Very Mad Twisted Evil

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Jon "the truth" Hanson
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: Sat Apr 02, 2016 3:32 pm Reply with quote
PJR
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Joined: 01 Dec 2008
Posts: 2263




Jon wrote:
Neil, what if a treasured Warren was shipped to Poland or Russia? Would if disappear. never to be seen, tracked again in the Americas............ Evil or Very Mad Twisted Evil


No Jon, they would reproduce it so that lots of people here couldn't tell the difference Evil or Very Mad
Paul
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PostPosted: Sat Apr 02, 2016 3:59 pm Reply with quote
Neilywatch
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My bet is if there is any of these watches that end up over there they will eventually be scrapped and the movement sold back to us.

There are a group of Eastern European watchmakers that are recasing American watches into WW cases. Let's see what they try to do with these movements.

One has to wonder what these folks are thinking when they buy these watches - as investments? or as collectibles?

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Neil - Crazy for Walthams!
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PostPosted: Sat Apr 02, 2016 6:21 pm Reply with quote
Jon
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Location: Boston, Ma




To switch, yank and recase as a WW in one of their abortions.i

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Jon "the truth" Hanson
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: Sun Apr 10, 2016 11:57 pm Reply with quote
KennyHabeeb
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Joined: 22 Jan 2015
Posts: 975




Hey Jon --

I'm thinking that folks like Geno who believe - probably rightly so - that their better early American watches might be harder to sell at price now, will just hold on to them, and wait for a better time. I think many serious collectors think that way; that it's better to keep and move 'em later than sell at a loss now.

K.
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PostPosted: Mon Apr 11, 2016 12:24 am Reply with quote
Jon
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Location: Boston, Ma




Then why is so much coming out now--deaths, loss of interest, need the money, etc. Supply is now driving the market, although much of the supply lately are hardly GOTFW!

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Jon "the truth" Hanson
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!
View user's profile Send private message Visit poster's website
PostPosted: Mon Apr 11, 2016 2:42 am Reply with quote
StephanG
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Location: Melbourne Australia




I think the decline of the NAWCC has a bit to do with it.
That was the home for proper collectors in the past.
It may not be so much these days but 40 thousand down to 11,000 or whatever it is has to have had an effect.

Factor in years of "members only" crap and perhaps the birds are come home to roost.

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American watch collecting.........
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