advertisement

Putting a Price on Time: How to Value a Wristwatch

50 %
50 %
advertisement
Information about Putting a Price on Time: How to Value a Wristwatch
Education

Published on March 14, 2014

Author: Trov

Source: slideshare.net

Description

"Putting a Price on Time: How to Value a Wristwatch," a live webinar, featuring Hamilton Powell, CEO of luxury watch consignment company, Crown & Caliber.

In this interactive presentation, Powell will discuss the the art of buying and selling timepieces, as well as the three key factors that determine a watch's value.

- Learn the difference between a $500 and a $50,000 watch
- Test your skills and see if you can identify a fake watch
- Get resources to help learnwhich watches appreciate vs depreciate
advertisement

crowd value Putting a Price on Time THUR, MAR 13, 2014 | 12PM – 1PM EST crowd value How to Value a Wristwatch

crowd value Presented by: Hamilton Powell Hamilton Powell is the CEO of Crown & Caliber, LLC. He is also is the managing member of Powell Growth Capital, LLC, the funding source of Crown & Caliber. Hamilton raised a private equity fund in 2007, Powell Growth Capital, LLC. When Crown & Caliber was founded, Powell felt so strongly about the firm that he decided to run it himself. The company offers an easy and rewarding way to sell a high-end luxury watches, not currently offered anywhere else, and Powell has dubbed this service “modern consignment.”

crowd value About Crown & Caliber provides watch owners with a safe and convenient way to sell a luxury watch. We understand that a watch has sentimental value, as well as financial value, and strive to make the process of selling a watch as rewarding as possible.

crowd value Consignment Process Our Consignment Process allows us to sell a watch on behalf of a customer. This process ensures that the customer receives the highest possible value for his or her watch.

crowd value How much do you think each watch is worth? Each of these five watches have similar looking dials on a yellow gold case. Each of these five watches have similar looking dials on a yellow gold case. How much do you think each watch is worth?

crowd value Vintage Vacheron Constantin Brand: Vacheron Constantin Model: Vintage 6486 Movement: Mechanical, Hand-Winding Vacheron Constantin is one of the oldest and most respected brands in the watch industry. The brand started in the world of pocket watches and began producing wrist watches in the early 1900s. This vintage piece features a gold colored dial and an 18kt yellow gold case. It is powered by a hand-winding movement. Watch 1: Vintage Vacheron Constantin How much do you think this watch is worth? Brand: Vacheron Constantin Model: Vintage 6486 Movement: Mechanical, Hand-Winding Short Description: Vacheron Constantin is one of the oldest and most respected brands in the watch industry. The brand started in the world of pocket watches and began producing wrist watches in the early 1900s. This vintage piece features a gold colored dial and an 18kt yellow gold case. It is powered by a hand-winding movement. How much do you think this watch is worth?

crowd value Sales Date Sales Price 1/31/2013 $3,000 2/4/2013 $2,252 2/5/2013 $4,200 2/11/2013 $3,425 2/22/2013 $4,000 3/23/2013 $1,275 Sales Date Sales Price 1/31/2013 $3,000 2/4/2013 $2,252 2/5/2013 $4,200 2/11/2013 $3,425 2/22/2013 $4,000 3/23/2013 $1,275 Watch 1: Vintage Vacheron Constantin Consignment Expectation: $3,200 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 1/26/2013 2/5/2013 2/15/2013 2/25/2013 3/7/2013 3/17/2013 3/27/2013 Vintage Vacheron Sales Data: * We had a very similar watch sell for $3,200. Sales Data: Vintage Vacheron *We had a very similar watch sell for $3,200. $0 $500 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 Consignment Expectation: $3,200

crowd value Vintage IWC Brand: IWC Model: Vintage 18kt Movement: Mechanical, Hand-Winding Founded in 1868, IWC has over 150 years of watchmaking experience. IWC watches are known for their quality and fine craftsmanship, making IWC a very desirable brand. This vintage IWC 18kt yellow gold wristwatch features a mechanical hand-winding movement. How much do you think this watch is worth? Watch 2: Vintage IWC

crowd value Consignment Estimate: $1,500 USD Sales Date Sales Price 7/31/2013 $1,500 9/2/2013 $1,795 9/11/2013 $1,147 9/14/2013 $1,033 9/15/2013 $1,375 9/19/2013 $1,275 9/25/2013 $1,180 10/1/2013 $911 10/16/2013 $1,700 Watch 2: Vintage IWC $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 7/25/2013 8/4/2013 8/14/2013 8/24/2013 9/3/2013 9/13/2013 9/23/2013 10/3/201310/13/201310/23/2013 Vintage IWC Sales Data Sales Date Sales Price 7/31/2013 $1,500 9/2/2013 $1,795 9/11/2013 $1,147 9/14/2013 $1,033 9/15/2013 $1,375 9/19/2013 $1,275 9/25/2013 $1,180 10/1/2013 $911 10/16/2013 $1,700 Sales Data: Vintage IWC $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 Consignment Expectation: $1,500 $1,800 $2,000

crowd value How much do you think this watch is worth? Brand: Patek Philippe Model: Calatrava 2526 Movement: Mechanical Automatic ShortDescription: The Patek Philippe Calatrava 2526 is a truly iconic watch. Patek Philippe has been creating stunning watches since the 1800s. However, the Calatrava 2526 is Patek Philippe’s first watch with a self-winding movement, beginning an era of magnificent and complicated watches from Patek Philippe. Many consider this watch to be the most iconic wrist watch. Less than 600 of these watches were ever made, making it an extremely rare watch. Another factor making this watch quite rare is the porcelain dial. Finding a Calatrava 2526 in good condition is difficult because porcelain dials are prone to hairline cracks. Because this watch marks a milestone in the illustrious history of Patek Philippe and features an intact porcelain dial, these factors significantly increase the watch’s value. Watch 3: Patek Philippe Calatrava 2526 Vintage IWC Brand: Patek Philippe Model: Calatrava 2526 Movement: Mechanical Automatic The Patek Philippe Calatrava 2526 is a truly iconic watch. Patek Philippe has been creating stunning watches since the 1800s. However, the Calatrava 2526 is Patek Philippe’s first watch with a self-winding movement, beginning an era of magnificent and complicated watches from Patek Philippe. Many consider this watch to be the most iconic wrist watch. Less than 600 of these watches were ever made, making it an extremely rare watch. Another factor making this watch quite rare is the porcelain dial. Finding a Calatrava 2526 in good condition is difficult because porcelain dials are prone to hairline cracks. Because this watch marks a milestone in the illustrious history of Patek Philippe and features an intact porcelain dial, these factors significantly increase the watch’s value. How much do you think this watch is worth?

crowd value Sales Date Sales Price 11/16/08 $36,214 6/11/09 $19,200 6/11/09 $60,000 10/4/09 $21,340 12/9/09 $36,000 6/12/10 $31,250 12/8/10 $30,000 11/13/11 $29,687 11/13/11 $39,070 12/7/11 $30,000 4/4/12 $32,257 4/25/12 $15,000 5/13/12 $35,085 5/14/12 $67,443 5/30/12 $67,826 Sales Data: Vintage IWC $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $8,000 Consignment Expectation: $25,000 Sales Date: Sales Price: 11/16/08 $36,214 6/11/09 $19,200 6/11/09 $60,000 10/4/09 $21,340 12/9/09 $36,000 6/12/10 $31,250 12/8/10 $30,000 11/13/11 $29,687 11/13/11 $39,070 12/7/11 $30,000 4/4/12 $32,257 4/25/12 $15,000 5/13/12 $35,085 5/14/12 $67,443 5/30/12 $67,826 Consignment Expectation: $25,000 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 6/1/2008 12/18/2008 7/6/2009 1/22/2010 8/10/2010 2/26/2011 9/14/2011 4/1/2012 10/18/2012 Patek Philippe Calatrava 2526 Sales Data:

crowd value Watch 4: Vintage OMEGA Vintage OMEGA Brand: OMEGA Model: Vintage Movement: Mechanical, Hand-Winding OMEGA watches are extremely functional pieces that are typically more affordable than the likes of Patek Philippe and Vacheron Constantin. This 14kt yellow gold watch case house a mechanical, hand-winding movement that keeps accurate time. How much do you think this watch is worth?

crowd value Sales Date: Sales Price: 8/16/13 $560 9/2/13 $1,025 9/11/13 $700 10/16/13 $725 Consignment Expectation: $850 Watch 4: Vintage OMEGA $0 $200 $400 $600 $800 $1,000 $1,200 8/4/2013 8/14/2013 8/24/2013 9/3/2013 9/13/2013 9/23/2013 10/3/2013 10/13/2013 10/23/2013 Vintage OMEGA Sales Data: Sales Date Sales Price 8/16/2013 $560 9/2/2013 $1,025 9/11/2013 $700 10/16/2013 $725 Sales Data: Vintage OMEGA $0 $200 $400 $600 $800 $1,000 $1,200 Consignment Expectation: $850

crowd value How much do you think this watch is worth? Watch 5: Rolex Oyster Perpetual 6018 Brand: Rolex Model: Oyster Perpetual 6018 Movement: Mechanical Automatic Short Description: Rolex was the first brand to introduce a water-proof watch and called it the Rolex Oyster, which was patented in 1926. Because of such incredible accomplishments, Rolex has become one of the most recognized luxury brands around the world. This watch is circa 1951 and displays both of Rolex’s major feats in the watch making industry. All Rolex watches today are based off of the design of the Rolex Oyster Perpetual. Rolex Oyster Perpetual 6018 Brand: Rolex Model: Oyster Perpetual 6018 Movement: Mechanical Automatic Rolex was the first brand to introduce a water-proof watch and called it the Rolex Oyster, which was patented in 1926. Because of such incredible accomplishments, Rolex has become one of the most recognized luxury brands around the world. This watch is circa 1951 and displays both of Rolex’s major feats in the watch making industry. All Rolex watches today are based off of the design of the Rolex Oyster Perpetual. How much do you think this watch is worth?

crowd value Sales Date Sales Price 9/12/2013 $3,051 10/29/2013 $6,300 10/29/2013 $4,000 11/17/2013 $2,553 Sales Data: Vintage OMEGA $0 $1,000 $2,000 $3,000 $4,000 $5,000 $7,000 Consignment Expectation: $2,500 Watch 5: Rolex Oyster Perpetual 6018 Sales Date: Sales Price: 9/12/2013 $3,051 10/29/2013 $6,300 10/29/2013 $4,000 11/17/2013 $2,553 Consignment Expectation: $2,500 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 9/3/2013 9/13/2013 9/23/2013 10/3/2013 10/13/2013 10/23/2013 11/2/2013 11/12/2013 11/22/2013 Rolex Oyster Perpetual 6018 Sales Data: $6,000

crowd value Factors Affecting Price Rarity Vintage watches are typically rare because, chances are, they are no longer being produced, decreasing their supply, which drives up their value. Because demand for these rare and unique watches is high and the supply is low, this increases the value of these rare watches. Movement The movement of the watch greatly impacts the value of the watch. A mechanical watch movement is worth more than a watch with a quartz movement. Brand Some brands, such as Rolex, are recognized all over the world, even by non-watch enthusiasts. This brand reputation can allow these brands to charge higher prices because customers know that they are purchasing a luxury watch of the highest quality.

crowd value Questions

crowd value Trov is the personal cloud for every thing you own.

crowd value Value & Organize the things you own, so you can do more with them

crowd value Search Trov on the APP STORE Exclusive invite code: CROWN1

crowd value Web: http://www.crownandcaliber.com/ Email: info@crownandcaliber.com Phone: 800 514 3750

crowd value crowdvalueseries

Add a comment

Related presentations

Related pages

Putting a Price on Time: How to Value a Wristwatch

"Putting a Price on Time: How to Value a Wristwatch," a live webinar, featuring Hamilton Powell, CEO of luxury watch consignment company, Crown & Caliber.
Read more

Putting a Price on Time | 303-479-4970Prestige Estate Services

Putting a Price on Time. ... This sudden popularity of the wristwatch has two consequences ... whether or not a particular watch is a value can be tricky ...
Read more

Buyer's Guide to Fine Wristwatches - Chronocentric: Home

Buyer's Guide to Fine Wristwatches ... value over time and are not good ... have a slightly better resale value compared to their original price.
Read more

Watch Insider’s Top 10 Affordable Watches for Men ...

... here is my list of the top 10 men's watches that represent the most excellent value for price. ... best value for money swiss time ... putting down ...
Read more

Putting a Price Tag on Life - Documents

Share Putting a Price Tag on Life. ... Putting a Price on Time: How to Value a Wristwatch. ... Lessons on Putting People First from a Life at Starbucks.
Read more

Dear Hopeful Crowd Funded Watchmakers – An Open Letter ...

... putting an existing movement into a watch ... I won’t pay more than the “early backer” price ... but I judge the value at the time I make ...
Read more

Best Price Led Watch Digital Wristwatch Factory Price ...

Best Price Led Watch Digital Wristwatch Factory Price , ...
Read more

Which Watch Brands Are Most Likely to Increase in Value ...

Which Watch Brands Are Most Likely to Increase in Value ... What brands offer watches that tend to increase in value over time? ... Putting money into ...
Read more

History of Longines

Discover the extraordinary history of the Swiss ... Longines develops its first calibre for a wristwatch with a ... Longines’s flagship value, ...
Read more

Arthritis Wrist Watches | Zazzle

Shop Zazzle’s selection of Arthritis watches & choose your favorite design from our thousands of spectacular options. Get yours now!
Read more