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Watchdoc
Junior Member
Username: Watchdoc

Post Number: 12
Registered: 03-2010

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Posted on Monday, April 05, 2010 - 10:37 pm:   

This is a 1950's LeCoultre.
The movement has VXN engraved on it.
This post said this could be worth up to $500 but I'm curious to know (as I was told this by a member of another forum) that the VXN movement might increase it's value. Not sure I'm going to get rid of it, it was probably my grandfathers
http://www.classicwatch.com/discus/messages/622/38956.html?1268659026
Links to images
http://i808.photobucket.com/albums/zz8/watchdoc6/LeCoultreBack.jpg
http://i808.photobucket.com/albums/zz8/watchdoc6/100_0750-1.jpg
Thanks
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Gregb
Advanced Member
Username: Gregb

Post Number: 233
Registered: 10-2006

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Posted on Tuesday, April 06, 2010 - 12:02 am:   

Unfortunately, there are lots of acknowledgeable collectors and dealers out there who perpetuate myths about U.S. LeCoultre movements with the "VXN" import stamp and claim that they are Vacheron products. Pure BS.

The VXN on the balancecock simply means that it was a movement that was manufactured by JLC for the U.S. market. ALL Swiss movements imported into the U.S. during the period had a 3-letter import code stamped on them, indicating the company in the U.S. responsible for importing the movement. Repeat: These are NOT manufacturer codes, but rather importer codes.

The "LeCoultre" brand (the U.S. brand for distribution of Jaeger-LeCoultre watches from the 1940s-1970s) was managed in the U.S. by Longines-Wittnauer, who also owned the Vacheron Constantin brand. All LeCoultre watches sold in the U.S. were imported from JLC using the Vacheron group's import code. The movements are identical in every way to the movements used in European "JLC"-marked watches, with the exception of the VXN stamp on the balancecock and a marking indicating "Unadjusted" (to avoid additional import duties).

Since the VXN import stamp is on every single U.S.-market LeCoultre watch, there is nothing special about your particular watch. In fact, many purist collectors argue that a LeCoultre badged watch is worth less than it's Jaeger-LeCoultre counterpart since the U.S.-market LeCoultre watches used non-JLC contract cases.
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Watchdoc
Junior Member
Username: Watchdoc

Post Number: 13
Registered: 03-2010

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Posted on Tuesday, April 06, 2010 - 05:38 am:   

Thanks, I had learned what you mentioned about the VXN myth (actually got my education on this forum). Guess I gotta find the watch guy who doesn't know that they myth's a myth. ;)