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Classicwatch discussion fora » Jaeger-LeCoultre Forum » Archived Messages 2008 » What is it worth? « Previous Next »

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Excalibur
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Username: Excalibur

Post Number: 1
Registered: 08-2007

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Posted on Tuesday, August 14, 2007 - 07:04 am:   

Hi to all of you watch speciallists. I am selling a classic car and somebody whant's to give me this Jaeger-LeCoultre watch in excange for my high $ collectors vehicle.
Who can help me to valurate this beautiful watch and maybe give me a comment about itThank you for all your replies!
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Excalibur
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Post Number: 2
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Posted on Tuesday, August 14, 2007 - 08:43 am:   

I just like to ad on more information I just got in on this increadable watch:
Handmade 1964 with 222 Diamants, all Platinium, Baguettes in Top Wesselton V V S. Condition is AS NEW.
I have more photos and certificate if neccessary.
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Gregb
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Post Number: 65
Registered: 10-2006

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Posted on Tuesday, August 14, 2007 - 05:04 pm:   

This watch was part of what LeCoultre called their "Royale Masterpiece" collection in the 1960s. I have the original 1960s brochures and magazine ads for this watch showing the 1960s sales price of $10,000. It is powered by a caliber 426 backwind movement.

I've seen this exact model at auction a couple of times in the last 5 years. The last time was in April 2006 and the seller had a bit of a difficult time attracting reasonable bids. The auction started at $10,000 and I remember that it closed without any bids. The reason is that these small backwind watches tend to be a little bit out of style for today's trends and you would need to find the correct buyer who had an appreciation for the watch.

I would suggest that real world market value of this watch is probably equivalent to it's wholesale diamond/platinum value (I seem to remember that it was about 12 carats of stones, but your local jeweler can give a better approximation) plus $500-$1,000. I just hope that nobody would consider actually scrapping it out for it's diamonds.

Greg
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Excalibur
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Posted on Tuesday, August 14, 2007 - 05:26 pm:   

Thank's a lot Greg for taking your time to give me this comment. I am actually a classic car dealer and sometimes I get these trade offers. I do not know much of watches and that is wy I signed in to this nice forum. I thought I had found a trashure here, but it seams to be a bad deal to me, as we talk about a car for 100k. So I better don't touch this! Thank's a lot again!
All the best from Spain. Fred
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Zaf
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Post Number: 2747
Registered: 05-2003

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Posted on Wednesday, August 22, 2007 - 02:35 pm:   

I agree with Greg, I think in the end, you'll find it's worth around $4000-5000, mostly based on the value of the metal & stones.
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Sati
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Posted on Thursday, January 03, 2008 - 12:21 am:   

Help:

I got a bunch of things that belonged to my uncle at his death and as I looked through most of the "junk", I found a watch in a pouch hidden in a novelty bottle of jelly beans.

It is a Jaeger LeCoultre Futurematic. The puzzling part is that it has a gold band with a small Ford racing logo attached to the band with the date 1951 and the name R.J. Coppard

My understanding is that the FM came out in 1953. I'd just like to know any information regarding the origination and the collector value.

Please help.
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Gatorcpa
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Post Number: 60
Registered: 11-2006

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Posted on Thursday, January 03, 2008 - 03:21 pm:   

The 1953 date represents when Jaeger-LeCoultre introduced the model in Europe.

LeCoultre versions for the US market were introduced in 1951. Here is an ad I clipped from a Life Magazine from my local library:



The movement in my example was confirmed by JLC to have been produced in 1952. The watch was "cased and timed in the USA by LeCoultre".

Since the US importer and JLC were separate companies, JLC only acknowledges the models where the movements and cases were produced in Switzerland as "official", even though the US market models were the only ones avaliable in the US at the time.

The movements were identical in both JLC and LeCoultre versions except for the engraving on the rotor.

Hope this helps,
gatorcpa