Would you repair this watch?

Dear users,

A few months afo, I posted a discussion on a VC my grand-mother gave me. I wanted to identify the particular model I had.

I learned valuable information thanks to tick-talk and that I had to have my watch open to learn more about it.

So, with this in mind, and willing to evaluate the actual condition of my VC, I went to my dealer who sent it to Paris.

Here are the main results.

Two main things need to be done to the watch:
- Movement maintenance (4.400€ / 4.887 US$)
- Replacement of a damaged part (608€ / 675 US$)

So, my question is: would you repair it or keep it as it is? It is functional but not accurate.

And, by the way, as side questions:
- Are those 4.000€ expensive or just a regular price tag for the brand?
- Would refurbishing the watch give more value to it?
- Are there things to consider in this particular case? Any advice would help.

Thanks to you all in advance,
Best,
Simon.

Would you repair this watch?Would you repair this watch?

Who in Paris?
02/19/2016 - 02:13

Is this a VC service estimate?  What part is damaged?  Have the numbers been checked with the archives?  Oh, and you still owe us pictures of the movement and case markings wink

Re: Who in Paris?
02/19/2016 - 02:41

Thanks for you answer.It is indeed a VC service estimate. The official dealer here in Brussels send most of the watches to VC in Paris (they then decide if the watch should be sent to Geneva).They say the tests they ran demonstrate movement parameters beyond the brand standards. And, therefore, to garantee accuracy and optimal working, they need to proceed to a complete service.The crown tube is apparently damaged. They fear for possible dust intrusion and so they advice to repair it (by crafting a piece similar to the original one). Those are the 608€.I still have to answer the email of my dealer and to ask him for informations on the particular model of this VC. What I can see on the document I received is a mention of a "montre ancienne collection ronde" ("ancien watch, round collection"). I don't know if this rings a bell. Also,Also, I'll ask for pictures of the inside (espacially serial numbers and so on).Keep you updated. 

Good that VC looked at it
02/19/2016 - 03:55

so we can assume its authentic and original or else they wouldn't touch it.  You have some $5500 in restoration costs ahead.  Auction prices for this type of V&C watch are typically in the $4k range.  There is a premium granted to factory restorations but it isn't cost effective to have them restore a simple timepiece unless there is sentimental reasons or the watch has higher than normal value, ie, royal association or special model.

Dear Simon,
02/19/2016 - 16:10

coming from your Family, this watch seems also to fit very well on your wrist. A great classic model

My advice should to get it restored by VC department, as only VC could replace the destroyed part according its specificities.

You will get official papers from VC department and a VC box (travelling box). So a complete set.

Then YOUR watch could be proudly wore and transmitted later to your child.....

 

My 2cents,

All depend if you like it or not.

 

Cheers,

Liger

 

Re: Would you repair this watch?
02/20/2016 - 05:51

As a family heirloom, yes I would have it repaired

It depends on how much intrinsic value this watch has for you and your family
02/21/2016 - 04:19

If it was me, yes:  I would have it restored by VC and get a Certificate of Authenticity (if the original papers no longer exist)...then keep it as a special heirloom to be passed down.

But if the watch/heirloom aspect does not interest you, then from a strictly financial POV, it would not be worth restoring by VC.  You will not get back the money you put into it's restoration.

I have VC restore all my vintage pieces, because I like to wear them on a regular basis.  So I want to be sure they are capable of running with incident.

Also, for me as a hobby, I want my collection to be in top quality condition.

BR, Dan

C of A adds another $1k to the bill
02/21/2016 - 17:57

I appreciate the process behind the Certificate of Authenticity, being labor-intensive it has a commensurate cost, but for a plain watch perhaps an Extract from the Archives can serve the purpose of documentation at much less cost.

Dan, have you've noticed the 6782 on fleabay for quite some time now and priced rather steeply? I think that is due in part to the cost of a recent restoration.

After reading your post, I went to search on EBay
02/21/2016 - 21:36

And saw the watch your referring to.  For purely selfish reasons, I hope it sells!  wink

I'm sure that price has factored in the cost of VC restoration and a CofA into it.

Better for this one to sell than the fake 6782 that is available right now.  That one has a rotating bezel, but no date window and a Cal. 1071 with swan's neck.

It depends on how much intrinsic value this watch has for you and your family
02/21/2016 - 04:19

If it was me, yes:  I would have it restored by VC and get a Certificate of Authenticity (if the original papers no longer exist)...then keep it as a special heirloom to be passed down.

But if the watch/heirloom aspect does not interest you, then from a strictly financial POV, it would not be worth restoring by VC.  You will not get back the money you put into it's restoration.

I have VC restore all my vintage pieces, because I like to wear them on a regular basis.  So I want to be sure they are capable of running with incident.

Also, for me as a hobby, I want my collection to be in top quality condition.

BR, Dan

Re: Would you repair this watch?
02/22/2016 - 05:00

Hello, Simon.

No watch would be kept forever as good as new

but proper maintainance prevent watch from losing value.

I have heard how the watch was given by your grandmother

and understood how precious it is.

I would repair.

io

 

 

Re: Would you repair this watch?
02/22/2016 - 06:15

Hi Simon

There are non VC watchmakers around who are capapble of repairing your watch for a lot less money. Your watch is definitly not under warranty so, as far as I'm concerned, I'd take it to a good watchmaker; as long as they use VC parts I am sure they will do as good a job. One caveat - it isn't easy finding a watchmaker who feels confindent enough to work on a 'luxury' watch but they are around. 

As far as I'm concerned, you should be able to get VC to varify authenticity no matter what the state of the watch.

Ultimately, your call...

It's a beautiful piece of machinery!

Dave

 

There are worse things to spend your money on
02/29/2016 - 05:19

I recently inherited a vintage watch and spent more to get it up and running that it's worth on the market. I appreciate the heritage and connection that comes with it and am glad I did it.

If you're not going to sell it, then the value is whatever you decide.