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Re: Value of Box, Papers, Bracelet and Receipt; Maybe 50%

There will never be a clear cut rule to say just how much a matched set of extra's will add to a watch. There is just such variation in the availability of some items. eg. how many bead of rice bracelets are for sale on auction compared to to say Monaco bracelets. Although the recent Monaco sale attracted a significant number of bidders and a high sale price, a great deal of the sale value fell upon the fact that this watch wasn't just mint, it was absolutely unworn ! It makes me wonder how much the watch and strap would have sold for without all the box/papers ?

- Darren

:
: excellent message, Fabrizio. I believe that you have focused on a
: point that we all are aware of, but have never articulated or
: discussed in detail. Of course it varies greatly by the time
: period that we are considering, but I would think that for the
: mainstream of what we are collecting (60's and 70's Heuer
: chronographs), there might be a premium of 50% for box, papers,
: bracelet and receipt.

: Have a look around the vintage Rolex world, with the sacred
: "punched papers" and chronometer certifications, and
: you realize that these are the items that make the old watches
: so "collectible". As a device to tell time, there is a
: certain value (say, $8,000 for a nice McQueen Monaco). With the
: historical artifacts and ephemera, the value increases
: considerably (say, to $12,000).

: We should fine-tune the analysis, but the 50% premium seems like a
: good starting point / rule of thumb.

: Jeff

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