Editor’s Note
This article explores how timepieces transcend their functional purpose to become coveted collectibles, revealing the hidden stories and remarkable market values that can lie behind a watch’s dial.
Watches, objects of collection and prestige, often hide fascinating stories and unsuspected values.
Watches, these objects combining utility and aesthetics, have always fascinated watchmaking enthusiasts. Beyond their primary function of telling time, they often become true collector’s items, sometimes with a value far exceeding their initial purchase price. Today, some vintage watches reach dizzying sums at auctions, a phenomenon regularly observed in auction houses.
At the heart of this dynamic market, experts like Sylvie Teitgen, an auctioneer, and Laura Mongeni, a specialist in gemology and watchmaking, enlighten watch owners about the value of their pieces.
The example of the most expensive watch sold at auction in 2019, a Patek Philippe for 28 million euros, remains a difficult record to beat. However, the quest for exceptional pieces remains open.
Listeners also have their own stories to share. For example, Françoise, who owns a pocket watch, tells the story of this particular jewel, given to her husband in his youth.
However, Laura’s expertise reveals that although the watch has undeniable sentimental value, it does not reach a high market value.
The phenomenon of the men’s pocket watch, which gradually gave way to the wristwatch at the beginning of the 20th century, is also mentioned. Laura points out that the production of these watches decreased significantly after the advent of wristwatches.
Jean-Marie, a listener from Pulnois, shares his passion for his Lip watches, acquired in the 70s.
Laura confirms the growing appeal for Lip watches, a well-known brand in France, particularly for its “R27” model, which recently reached record auction prices of over 500,000 euros. Although Jean-Marie’s watches are not worth such amounts, they can sell for several hundred, or even a few thousand euros.
The case of Lip is interesting because, beyond quality watchmaking, it is also a brand rooted in the social and cultural history of France. Jean-Marie, as a member of the Gritter’s, is well aware of the importance of provenance and the history behind these pieces.
Frédéric, another loyal listener, mentions his Omega de Ville watch, inherited from his father.
Laura estimates the watch’s value between 800 and 1,200 euros, specifying that Omega de Ville watches, both elegant and flat, are particularly sought after for their quality of craftsmanship and history. Although Frédéric is interested in the watch’s appraisal, he wishes to keep it as a memento of his father.
Watches are much more than simple everyday instruments. They carry personal stories, family memories, and elements of heritage. Each watch has its own journey, and for collectors, each piece represents a unique adventure. Whether it’s an antique pocket watch, a gold Omega, or a vintage Lip, each model has its place in the fascinating universe of collectible watchmaking. And if you own a rare or precious watch, it might be interesting to have its history and value assessed. Auction houses, guided by experts like Laura Mongeni, are privileged places to discover what your watch might be worth.