| Author | Message | ||
     Yanslass New member Username: Yanslass Post Number: 1 Registered: 02-2007 Rating: N/A |
i have recently inherited my grandmothers watch and i'd be grateful for any info regarding its makers and its value. its a very dainty strapped solid gold not sure if its 9 or 18carrat gold with a very small square watch face with titus and 17 jewels written on it, all i know is she bought it in the 1950's | ||
| Zaf Moderator Username: Zaf Post Number: 2420 Registered: 05-2003 Rating: N/A |
The vast majority of ladies watches are valued at value of the metal + the stones + $25-$50. So generally speaking, you do not have anything of significant value. Titus is one of the 100s of lesser name Swiss brands out there that existed in the 1950s. | ||
| Yanslass New member Username: Yanslass Post Number: 2 Registered: 02-2007 Rating: N/A |
thats interesting because for insurance purposes she had it valued and insured for �200 - �300 back in the 1980's and i hardly believe its dropped in value in the past 25 yrs, i'm not wanting to sell it just wondered if anyone knew anything about it | ||
| Zaf Moderator Username: Zaf Post Number: 2439 Registered: 05-2003 Rating: N/A |
Insurance purposes is an entirely different number than what it is worth if you try to sell it. An "insurance appraisal" is what it would cost you if you were to replace the item with something of similar constitution, i.e. a new gold Titus watch (should the brand still exist). | ||
| Yanslass New member Username: Yanslass Post Number: 3 Registered: 02-2007 Rating: N/A |
its still a big difference 25 dollars to 300 english pounds don't you think they'd be able to replace it with something for the amount you were referring to, in our county when something is valued for insurance its valued based on the amount its worth only, only home insurance is different | ||
| Yanslass New member Username: Yanslass Post Number: 4 Registered: 02-2007 Rating: N/A |
it wasn't just insured at 200 -300 it was actually valued first then seperate insurance was taken out on the item, you can still by titus watches today some of high some of low value, thanks but i've since found all i need to know by taking it to a private auctioneer | ||
| Gregb New member Username: Gregb Post Number: 18 Registered: 10-2006 Rating: N/A |
A 1950s vintage ladies solid 18K gold Titus just sold today on eBay (auction #170084059163) for $48.50. I think that confirms what Zaf was trying to tell you. Most insurance appraisals of vintage watches have no basis in real world trading values. The lesser-known brands trade at roughly their scrap gold value. That's not meant as an insult to your watch, it's just reality. Greg |