A rigorous methodology
Buying or selling a collectors’ watch requires solid knowledge not only of the watch in question, but also of the practices of the watch market in general, in order to be able to avoid the traps and assess the different criteria capable of impacting the value of the object, either positively or negatively.
In response to this issue, we apply a rigorous methodology that involves analysing each constituent part of the watch. The appraisal takes place at two levels, focusing on each part’s condition and conformity relative to the period of production, all with the greatest possible transparency.
An exclusive report
Our appraisal books are presenting each watch in the most objective and detailed manner possible, thanks to a substantiated analysis, high-resolution photos designed to highlight all elements of the watch and an innovative rating system.
They are available in the form of a printed book that first and foremost constitutes an object of pleasure and exclusivity in its owner’s library. It is also provided in electronic format and serves firstly as an indispensable document designed to accompany a collectors’ watch and showcase its value on an enduring basis within a collection.
Content
The objective is to give the reader the keys to appreciating the value of the watch as best as possible, with maximum transparency.
The report includes:
The Watchfid Score
We have created a unique valuation tool for collectors’ watches: the Watchfid Score.
As an integral part of the appraisal book, the Watchfid Score is designed to analyse and take into account as best as possible a wide diversity of information such as the conformity and condition of the watch and its components, the rarity of certain configurations or any other specific information, such as a prestigious history.
The Watchfid Score consists on a detailed analysis of the watch’s main constituent parts: caliber, dial, bezel, hands, case, caseback, crown, pushers, and glass. Any constituent part is analysed and scored according to three criteria (condition, conformity, and relative importance compared to the other parts and to the model being analysed); a proprietary algorithm factoring in these 3 criteria is used to calculate the Score on a scale of 10.
Because the Watchfid Score may not be sufficient to fully classify a collectors’ watch in the eyes of its owner or future buyer, we have identified a number of other factors capable of significantly impacting the overall evaluation of the object, such as positive factors (a rare and special version of a part for instance), or negative factors (important accessories missing or significant parts damaged for example). These Extra Features do not receive a score, but they represent an important way to differentiate two identical watches in the same condition but with specificities that may impact their respective values.
Traceability
The appraisal books are prepared at a given date and consequently refer to an analysis performed at a precise moment, bearing in mind that the condition and sometimes certain characteristics of the watch and its parts may evolve over time.
They therefore constitute detailed snapshots at a given point in time and are essential for any future examinations.
However, the traceability of the information is guaranteed, since each report is integrated into our digital passports – the Watchfid-IDs – using Blockchain technology.
All our appraisal books are produced in 2 copies: one for our archives, one for the client. They are entirely handmade.
Our special thanks go to our beloved team from La Mimosa in Milan for their fantastic work and their kindness (www.lamimosa.it).
Creating a free account will allow you to become an Explorer member of the Club (access to our newsletter, to the wishlist feature, and possibility to submit your watches for sale). For more exclusive services, explore our 2 other tiers of membership – Connoisseur or Collector – with a larger range of benefits and special offers.
