Hi all, are there any old pocket watch catalogues around, I´d like to ask what a Hamilton 992, or Elgin, or Waltham of the same grade would have cost those day (1910-1918)?
Thanks
My WWW collection is now complete, time to look for new ventures!
Posts: 699 | Location: Hannover in Germany | Registered: July 23, 2009
According to the Inflation Calculator a 1916 Dollar is worth 21.91 and a 1923 Dollar is worth $13.35. So adjusted for inflation the 992 movement Lorne mentioned above as costing 32.50 in today's money would cost $712.08. The 1923-4 Bunn that Andy says cost $47.50 when adjusted to inflation would cost $634.13 in todays money when a 1923 dollar is adjusted for inflation. All in all it looks like they have lost money.
Posts: 1143 | Location: Chicago, Illinois in the USA | Registered: September 05, 2010
It's not surprising they've lost real value since new--just about everything does. The only watches I've seen that seem to appreciate after purchase are Rolex and Patek Phillipe, and even they depreciate for a couple years before beginning to appreciate.
That being said I'm guessing they've been appreciating (for the most part) since their values bottomed, probably about 10-20 years after they were new. Of course macro-economic events like the melt down in 2008, etc. can have a pretty big impact on values.
Posts: 995 | Location: Pleasanton, California in the USA | Registered: September 22, 2012
You can find references to two catalogs Otto Young (OY) and Oskamp-Nolting on the internet what I have noticed is there were tiers of pricing, typically Illinois, Elgin, Waltham fell in a pricing tier together and below them were Hamilton, South Bend, Rockford etc, below that tier was the lower non-dollar tier which would include Trenton (or Ingersoll-Trenton) and a few others.
There would have been a pricing tier above Elgin, Waltham and Illinois but I have never seen those listed in these catalogs.
Posts: 1797 | Location: Michigan in the USA | Registered: September 19, 2009