What’s that got to due with the value Vintage Hamilton Watches? We work on about 100 watches a week and they vary from brand to brand, age to age – anywhere from 1918 – to 2005 manufacturer dates. From what I’m seeing, Hamilton movements are the superior ones with Elgin a close second. Then you have to look at cases and Hamilton had the best cases made for their movements without question. When I say the movements are superior, I’m not weighing old against old, but any against any.
Why then do I consider Hamilton’s undervalued? People think of vintage Hamilton and Elgin watches as “used”. That’s a fair assessment. They are for the most part used watches. Keeping that in mind, remember these watches are still running after 100 years and the vast majority of them have never had any maintenance done to them. Clean, oil and adjust a Hamilton 987, 980 or 982 and they’re more often than not better watches than what we see today. Example: $1000 ++ watches with $ 70 movements. The difference? They’re new. That’s consumer perception. Drive a new car off the lot and they lose 40% of their value. Pay for brand name products over generic. Why? Perception.
Let’s try another example or two: vintage wines, brandy, paintings, collectors’ books and stamps.
They’re used in a garage sale (eBay too) and vintage on a billionaire’s desk.
I’m looking for used Hamilton wristwatches, by the way, so I can clean them up and turn them vintage.
Tom
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