Tuesday, 21 July 2009

Wristwatches: History & Evolution (part 9)

The numbers of those who love "old" wristwatches have grown by leaps and bounds. It has become modern, fashionable to own one or more mechanical wristwatches and naturally to wear them too. Glancing at the left wrist and evaluating a person according to his wristwatch can be noticed more and more often.

The wristwatch has become more and more of a collectors' item in which serious watch collectors are increasingly interested. The spectrum extends from those who collect only electric and electronic wristwatches from post-1950 years.

Many wristwatches have become investment objects, being sold at auctions for exorbitant prices never before paid for wristwatches of the same brands or equal quality.

The mechanical wristwatches, especially with automatic winding and complications, has also had an unexpected renaissance among manufacturers. This is particularly true of wristwatches with "eternal" calendars, but also of those with tourbillon or repetition striking.

Whoever finds that the prices of antique wristwatches have risen beyond his reach can, for the time being, content himself with highly interesting wristwatches in current production.

Today, wristwatches are among the regular offerings of all the well-known auction houses and make up a good share of their businesses. A total of 80 to 90 percent of all the wristwatches offered for sale are no longer rare.

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