iW Magazine Fall 2018 | Page 56

Collecting The vintage watch market offers a variety of beautiful watches at more affordable prices. By Laurent Martinez THE VINTAGE SWEET SPOT: $1,500 - $2,500 LeCoultre Futurematic MANY PEOPLE BELIEVE THAT COLLECTING VINTAGE WATCHES IS AN ULTRA-LUXURIOUS HOBBY . Yes, it’s true that vintage watches are currently going through a glamorous time with prestigious auction houses hosting high-profile events littered with celebrity watches, rare timepieces, and never-before-seen unique models. It’s also true that watch media outlets focus on particular models like the Rolex Daytona “Paul Newman” or the vintage Heuer Autavia, thereby placing these particular vintage watches on unapproachable pedestals. That, coupled with the successful millennium-set clamoring to get their hands on a Rolex Submariner 5513, GMT-Master or a Patek Philippe Nautilus, and it seems that only select brands are enjoying the limelight in the vintage market— and as a result, come with bloated price tags. As a direct consequence of the vastly unaffordable prices of certain brands in the vintage watch market, some collectors and 56 | INTERNATIONAL WATCH | FALL 2018 enthusiasts look to other brands. What these other brands may lack in prestige and popularity, they make up for in appealing aesthetics and solid movements. In my forty years of collecting vintage and contemporary watches, I have observed trends and fluctuations in price, size, and designs. Today, you have tremendous opportunities to buy afford- able watches in the $1,500 - $2,500 price range. Not only do these watches offer great looks and decent calibers, they can also present good investments opportunities. I classify brands into four levels. There’s the most exclusive tier with brands like Patek Philippe. Then there’s the luxury tier with brands like Audemars Piguet. Furthermore, there’s the upper-level tier with brands like Breitling. And finally, there’s the middle tier with brands like Baume & Mercier. Today I will discuss watches that sit in the lower price range of the upper-level tier. iWMAGAZINE .COM