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Re: Dow Jones Article re Vintage Watches as an Investment

Greetings from the NY to the ODT crowd.

Well, in a real Dr. Jekyll and Mr.Hyde spirit, I would say both sentiment and investment. The former gives me the unexplicable pleasure/pride of wearing and staring at the only accessory I usually wear. The latter helps me in dealing with the better half of my household everytime few more thousands of dollars are 'invested' in a 'piece a steel'. Unfortunately she does no longer buy it, arguing that the traditional form of investment is buying and selling for a profit and not buying and accumulating.....I guess she has a point!

Francesco

: Always interesting to get a feel for the market,but on the other
: hand,do any of us really consider our timepieces as objects of
: investment?

: I don`t think I`ve ever bought a watch thinking I would somehow
: profit from selling it at a later point in time.
: Don`t get me wrong,it`s not that I couldn`t use the extra cash,but
: to every piece I`ve acquired there`s always been a look or a
: feel that I have connected to in some way.

: Not to mention the craftmanship and "magic" that lies in
: making pieces of metal work together so precisely and in
: tune,that it actually can measure time with my movement as the
: sole source of power.I love the whole technical aspect that lies
: underneath a well designed surface!

: Of course I`ve sold a few watches on the way,but only because I
: could not connect to it or because I needed to clear out for
: something even better,and on very few occasions has there been a
: profit to be made.

: I`m probably being a sentimental sap about this,and if I ever get
: to the stage where I`ve got a safe full of NOS Sifferts and
: whatnot,I might see them as a means of investment.

: But the market is us,the collectors,and we create the flow of money
: in our pursuit of these watches.The real question is what makes
: us want them ? The chance to make a profit? I don`t think so..

: Finally I`d like to extend to you all my sincere apologies for
: coming across all fluffy and hippie-like on this subject,the
: people who know me would not attribute this to my nature..

: So what`s the verdict on the whole investment angle: sentiment,or
: monetary value?

: Cheers

: Marius

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