Help identifying VC watch...

Hi This is a continuation of thread click here to see the post

Well, the watch went to Wempe who sent it back to Switzerland, and after a couple of months they came back with an estimate for the rebuild to factory standards. They also said it'd take a year to do...

My father-in-law is 87, and feels a year is too long, so wants to sell the watch. Wempe are not very willing to give an estimate as they say it's not their area, so who can I go to to get a fair estimate of the value for both sale & insurance, given that VC say it needs GBP 1,200 of work and 1 year elapsed... The watch runs ok, but really does need the overhaul... though VC did clean it up a lot during the estimation process... 

Someone who could give an idea of its worth now, and it's likely worth when fully restored, would be excellent.

Thanks for all your help so far,

3 things make the price of a vintage watch: condition...
09/14/2009 - 18:22
condition and condition! So if you are wanting to sell your ref 4627 you really need to have it serviced and if VC is taking too long I'm sure a good watchmaker in your area would do. As for an estimate of the watch I suggest you contact the offices of an auction house: Antiquorum, Christie's or Sotheby's, you can even check on the web site of the latter 2 for past auction results for the 4627.
I would like perhaps a 4th thing,
09/14/2009 - 21:34
condition Doc
...and another...
09/15/2009 - 03:21
...condition? I spoke to Wempe, who put me onto David Duggan Watches in Burlington Arcade - they were very helpful.. I had no idea that the issues were so complicated. Strangely, the key issue seems to be ...condition... Many thanks for the help - I now have to consider whether auction is the route to go... Nick
Only permanent condition, I would think.
09/15/2009 - 10:15
A watch that has had damage that cannot be repaired has lost value forever. A watch that is in need of a 1200 pound service but then will be in excellent condition has had its value reduced by at most 1200 pounds temporarily. In keeping an eye on the auctions, I have not noticed that items marked "service recommended" receive markedly lower prices than items not so marked; however, items with damage such as overpolishing or scratches on the dial definitely suffer price reductions.
Re: Help identifying VC watch...
10/20/2012 - 02:17
Just to say that though its been a while, this watch is now back iat VC in Switzerland for a full rebuild.... More on it, I guess, in about a year :)