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CNN Money Report on Watches - Should it be taken seriously?  0 Comments

Published Tuesday, June 05, 2007 by Harry SK Tan |

 

In the report linked below, CNN Mr Julien Schaerer of Antiquorum recommends 5 watches that has "prestige and profit potential". They are - Rolex Submariner, references 5512, 5513, or 1680 - Omega Seamaster Ploprof - Panerai Sly Tech - Cartier Tank Cintrée - and 2499 Patek Philippe Perpetual Calendar Chronograph. With a nice spread of estimated pricing from US$5k to 200K.
Interesting selection I thought - most likely from a selection of its current auctions. I would generally agree that the Rolex Submariner and the Patek Perpetual are watches that tends to hold its own if not appreciate a tad. The Ploprof is a niche piece which relies on a narrow field of collectors of old diving watches. The Sly Tech is probably the only one that I would doubt that it would hold its value as long as the others on the list. It does not have the history nor the cachet as the other brands albeit its becoming one of the most iconic brands in the 21st C. Time will tell.
Last - Cartier is a hallowed brand in Europe. Desired not only by aficionados but also fashionistas and those who consider themselves in the vogue. The following for the brand is not as strong in the rest of the world but it looks like its getting there.
CNN Money.com Report

 

 




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