You can plop tens of thousands of dollars into a mutual fund and hope your fund manager isn’t a crook, or you can find a 1973 Audemars Piguet Royal Oak, the legendary watch that single-handedly saved one of the most storied brands in haute horlogerie. The latter watch will be more unique, garnering a lot more looks and compliments than a TAG that half your co-workers are wearing on top of that, you’ll know that you’re wearing a piece of history that is still as reliable today as it was 50 years ago.Īnd while we don’t recommend buying a vintage watch as a retirement strategy, there is some merit to holding onto material investments as part of your portfolio. Or you could buy a 1962 LeCoultre Memovox with an in-house manufacture movement featuring a mechanical alarm complication from one of the most respected names in watchmaking. If you have $3,000 to spend, you could drive down to Bloomingdale’s and walk out with a quartz TAG Heuer or Longines that would serve you well for many years. Old watches also represent great value, the chance to wear a piece of history and, if you’re lucky, a good investment.
Vintage watch buying is enjoying incredible popularity, thanks to a community of savvy collectors, great internet resources for both learning about and buying old watches, and a nostalgic yearning for quality products from an era before planned obsolescence. The new watch is the one to get, right? Wrong. Set alongside a modern Rolex GMT-Master II, with its ceramic ratcheting bezel, sapphire crystal, solid bracelet and 100-meter water resistance, there shouldn’t be much of a contest. The rotating bezel might not ratchet the acrylic crystal is likely scratched.
#VINTAGE TIMEPIECE CRACKED#
The painted markers may be discolored, cracked or, at the very least, lack their luminescence. How does one break into the confusing, esoteric world of watch nerdery? Our new column, “How to Be a Watch Guy,” aims to answer all your new watch guy questions, and help you navigate the always exciting - but sometimes intimidating, complicated, and pricey - world of watches.Ī vintage 1966 Rolex GMT-Master is far from perfect.
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