Swiss Watch Collection, ca. 1970

Value (2013) | $46,000 Retail$57,000 Retail
Watch  

GUEST:
I brought in a collection that's my dad's. He's 86, and he's collected watches for maybe 30-some years. He always wore a nice watch, like a Rolex, something like that. His health was failing, so he started liquidating things, and we were going through his office and found a cardboard box and opened it up, and these watches were in there. We really don't know anything about them. We recognized the Cartier and Rolex brands, but the other ones we did not, so we thought it would be nice to get an appraisal.

APPRAISER:
If you just had to guess, any thoughts?

GUEST:
I really have no idea. I mean, I would maybe guess a couple thousand dollars or something. I don't even know what a new Rolex costs-- maybe a few thousand dollars.

APPRAISER:
When you brought the box and I opened it, as a watch collector, I started to get pretty excited because it's a sort of potpourri of the best names in the world. We'll first start with this watch here. This is a Patek Philippe. It's 18-karat gold. The bracelet's 18-karat gold. Everything about it is completely original and correct.

GUEST:
Okay.

APPRAISER:
This is another Patek Philippe. This is called the Ellipse. It has a blue dial. It's all 18-karat gold. It has an 18-karat gold bracelet, although the bracelet did not come from Patek Philippe; it was added later. This watch is an Audemars Piguet.

GUEST:
Okay.

APPRAISER:
Superfine Swiss watch. It has enamel numbers around the bezel. A beautiful man's dress watch. This watch is an Audemars Piguet sold by Gubelin. Gubelin is one of the most famous jewelry stores in the world in Switzerland.

GUEST:
Oh, okay.

APPRAISER:
This had at the time the thinnest mechanical movement made. It was called the 9 Duzzium movement. If we look at it sideways, it's paper-thin, yet it's a mechanical wind watch.

GUEST:
Okay, wow.

APPRAISER:
This watch was made by Blancpain, a 200-year company from Switzerland, and they were made in this beautiful white farmhouse in the VallÈe de Joux. This is an 18-karat gold watch. It has a day, a date, a month and a moon phase. This is a stainless steel Rolex Datejust. It has a fluted bezel, and it's called an oyster bracelet. This is the classic Cartier Santos. It's an automatic watch with a white enamel dial. It's made of 18-karat and stainless. The watches were all made between the early 1960s through the mid-1980s.

GUEST:
Oh, okay.

APPRAISER:
To give an idea of values, and the values of the watch that I'm talking are generally on the retail level, this watch here, the Patek Philippe, we're talking somewhere in the $12,000 to $14,000 range.

GUEST:
Wow. (laughing)

APPRAISER:
This Patek Philippe here, we're talking in the range of $7,000 to $9,000.

GUEST:
Oh, my goodness.

APPRAISER:
The Audemars Piguet with the enamel bezel, we're talking in the neighborhood of $4,000 to $6,000.

GUEST:
Oh.

APPRAISER:
The ultra-thin Audemars Piguet from Gubelin, all 18-karat with the 9 Duzzium movement, we're probably talking in the range of $9,000 to $10,000.

GUEST:
I'm not going to remember any of this.

APPRAISER:
The 18-karat gold Blancpain, we're talking in the range of $8,000 to $10,000.

GUEST:
Wow.

APPRAISER:
The Cartier Santos, 18-karat and stainless, in the $3,000 to $4,000 price range. And the classic Rolex Datejust in stainless steel, in the $3,000 to $4,000 range.

GUEST:
Wow.

APPRAISER:
As a group of watches in that little cardboard box you brought in, at retail, you've got somewhere between $46,000 to $57,000 worth of watches there.

GUEST:
Oh, my goodness.

APPRAISER:
Congratulations.

GUEST:
Thank you. That is amazing.

APPRAISER:
A little more than you thought.

GUEST:
Yes, a lot more than we thought.

Appraisal Details

Appraiser
Radcliffe Jewelers
Towson, MD
Appraised value (2013)
$46,000 Retail$57,000 Retail
Event
Detroit, MI (June 01, 2013)
Period
20th Century
Form
Watch
Material
Enamel, Gold

Executive producer Marsha Bemko shares her tips for getting the most out of ANTIQUES ROADSHOW.

Value can change: The value of an item is dependent upon many things, including the condition of the object itself, trends in the market for that kind of object, and the location where the item will be sold. These are just some of the reasons why the answer to the question "What's it worth?" is so often "It depends."

Note the date: Take note of the date the appraisal was recorded. This information appears in the upper left corner of the page, with the label "Appraised On." Values change over time according to market forces, so the current value of the item could be higher, lower, or the same as when our expert first appraised it.

Context is key: Listen carefully. Most of our experts will give appraisal values in context. For example, you'll often hear them say what an item is worth "at auction," or "retail," or "for insurance purposes" (replacement value). Retail prices are different from wholesale prices. Often an auctioneer will talk about what she knows best: the auction market. A shop owner will usually talk about what he knows best: the retail price he'd place on the object in his shop. And though there are no hard and fast rules, an object's auction price can often be half its retail value; yet for other objects, an auction price could be higher than retail. As a rule, however, retail and insurance/replacement values are about the same.

Verbal approximations: The values given by the experts on ANTIQUES ROADSHOW are considered "verbal approximations of value." Technically, an "appraisal" is a legal document, generally for insurance purposes, written by a qualified expert and paid for by the owner of the item. An appraisal usually involves an extensive amount of research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object.

Opinion of value: As with all appraisals, the verbal approximations of value given at ROADSHOW events are our experts' opinions formed from their knowledge of antiques and collectibles, market trends, and other factors. Although our valuations are based on research and experience, opinions can, and sometimes do, vary among experts.

Appraiser affiliations: Finally, the affiliation of the appraiser may have changed since the appraisal was recorded. To see current contact information for an appraiser in the ROADSHOW Archive, click on the link below the appraiser's picture. Our Appraiser Index also contains a complete list of active ROADSHOW appraisers and their contact details and biographies.