There have been some wonderful and some tragic stories of THL members who have bought vintage VC Chronographs, but I happy to say my experience has not been particularly dramatic. I saw this vintage VC4178 in a auction catalog and got it for what I thought was a reasonable price. It was produced in 1948 and according to Alex's excellent article on the history of VC's wrist chronographs, only 114 were produced in yellow gold with the Cal.492 movement that beats inside this case.
The case is in good shape, the dial has some signs of aging but is overall in great shape for its age, and the movement is running quite well. After enjoying it for a while I will, no doubt, send it to the manufacture for a full service, but in the meantime I am thrilled to have found a VC4178 from 1948 that is prêt-à-porter.