Tuesday, November 25, 2008

How to Start an Antique Pocket Watch Collection

What makes a good pocket watch buy? Buying an antique pocket watch is not all about getting a bargain - it's about paying a fair and reasonable price for a particular watch that will give you pleasure to own. With this in mind, here is a short checklist so that you can make your first pocket watch buy with a little more confidence. It is by no means a definitive guide, but merely a guide to assist you with your purchase.
If you'd like to start collecting something that is relatively inexpensive yet has the potential for big rewards, start collecting antique pocket watches!

Steps
Here are a few questions to consider:
Who is the maker?
What is the age of the watch? Get this by looking up the serial number and using a good guide book. The guide book will tell you the rarity factor and give a (very) rough guide as to the price you might pay.
Is the pocket watch picture(s) of the actual watch being sold? If not, why not? Always see what you are going to pay for.
Is the pocket watch original? This may be a hard one to really get an answer for, but the more original it is the more valuable it will be.
Does the seller have any information about the watch with regards to any repairs?
What work (if any) has been done on the watch? (maybe unrelated to repairs, e.g, cleaning)
Does the seller know of any mechanical problems with the watch? Important - Does the watch run, and for how long, when placed in several different positions? (i.e, face up, face down or vertical)
Who did the work? - Useful to get an idea of repair costs.
What is the pocket watch case made of?
Is there any wear on the case - especially relevant to Gold Filled cases.
Does the seller know anything about the history of the pocket watch?

Warnings
Be careful of vague descriptions.
If it sounds too good to be true - it probably is!
Check out the sellers feedback ratings if buying from eBay.
Make sure any faults are disclosed.

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