| Author | Message | ||
     Richie New member Username: Richiecar Post Number: 5 Registered: 01-2004 Rating: N/A |
what is the value of this LeCoultre..14K..original band with 14K filled buckle..original box and papers..Diamond hands..  | ||
| Zaf Moderator Username: Zaf Post Number: 286 Registered: 05-2003 Rating: N/A |
The watch alone is arounf $800, the box a papers will probably add another $200. | ||
| rp13245 Unregistered guest Rating: N/A |
You didn't tell Zaf anything about the condition... the most important thing when buying a watch. Mint NOS. The copied picture of my watch looks horrible. | ||
| Michaela Unregistered guest Rating: N/A |
The watch is worth alot more then that, I just sold the exact watch for �1600 without papers and origional box. | ||
| Zaf Moderator Username: Zaf Post Number: 1324 Registered: 05-2003 Rating: N/A |
Hi. One sale is not necessarily a good indicator of the value of a piece. I was just offered one this week for $900 which I turned down. �1600 for a two diamond dial mystery is the highest price I have ever seen, and for that congratulations, you made out like a bandit. | ||
| GregB Unregistered guest Rating: N/A |
The watch that "Richie" asked about in the original post on this thread was my auction. I was the seller RP13245. The watch was absolutely pristine/NOS and had the original box, papers & LeCoultre strap/buckle. The original strap didn't even have a bend in the leather. Not a single blemish on the original factory dial and the unbuffed original factory mirror finish on the case was perfect. The watch ended up fetching $2,295. Clearly, this amount is many times the normal market price for this model, but condition is everything to a collector and this watch was in extremely rare NOS condition. If the condition is right, all pricing rules go out the window. These 2-diamond Mystery dials normally go for $800-$1,200 at auction. The prices on all LeCoultre Mystery Dial models have been climbing in the last couple of years, but a price over $1,200 would be unusual unless the watch was truly in exceptional condition. Greg P.S. On a sad note, the (non-collector) buyer of my NOS Mystery Dial watch put it into daily wear. I could never bring myself to strap it on. | ||
| Hex Onx New member Username: Hexonx Post Number: 2 Registered: 09-2005 Rating: N/A |
You also have to consider inflation since January 2004. The rising costs of fuel and COLI (cost of living index) make vintage watches more valuable as an investment. | ||
| GregB Unregistered guest Rating: N/A |
Respectfully, COLI has very little to do with the rise in watch prices over the short 1 year period from 2004 to 2005. In fact, the U.S. Dept. of Labor Statistics calculator (http://www.bls.gov/cpi/home.htm) shows an increase of only 4% from 2004 to 2005. On a more global scale, the COL Index for most major cities worldwide (http://www.finfacts.com/costofliving3.htm) rose only a few percentage points from 2004-2005. Clearly, the average price of these watches didn't jump 322% from $900 to �1600 (about $2,900) because of a 4% COLI. Condition and market demand have far greater impact on price than inflation. Greg |