Replica Watches are becoming collectibles

Replica Watches are becoming collectibles

NEW YORK -- Areplica watch's primary function might be to keep track of hours, minutes and seconds butreplica watch's style, system and statement are hardly secondary factors.

That was a lesson collectors learned with quartzreplica watch.

Advancements in timekeeping techniques -- some of which date back centuries -- barely budged until the 1970s when quartzreplica watchcame on the scene, replacing the tension-controlled springs found in mechanicalreplica watchwith a crystal in an electric field to oscillate at a constant frequency.

Almost immediately, the demand for mechanicalreplica watchwaned and a slowdown in production of those fakereplica watchfollowed.

But what happens when people stop making something?

"Everyone wants one," says Edward Faber, co-owner of New York's Aaron Faber Gallery, which sells vintage, collectible and estate jewelry. "They want one for the nostalgia of a mechanicalreplica watch."

That made suchreplica watch"collectible," and in a world of expensive toys and eccentric hobbies, collectible often is a code word for valuable.
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"Now if you have a Daytona Rolex or Patek Philippe moon-phase (replica watch) -- if you have the means to acquire these -- when you walk into a board meeting in Los Angeles, London, Paris or Italy, it gives you cache," says Faber, who wrote "American Wristreplica watch: Five Decades of Style. and Design" (Schiffer).

The private market for high-end mechanicalreplica watchstarted to skyrocket, with particular interest from European and Asian collectors, and auction houses recognized the trend. The value continues to increase so dramatically, according to Faber, thatreplica watchmade in the 1950s and '60s that cost hundreds of dollars then, are now worth thousands. "The Rolex Explorer -- a simple black militaryreplica watch-- sold for $300 in the '70s. Now you can spend $6-, $7- or $8,000. You could have bought a Patek Philippe moon-phase full- price for $2,000 in the early '80s, now you cannot find shade sail for less than $100,000," says Faber.

A Cartier Tortue Minute Repeater, a rare minute-repeating wristreplica watchin 18-karat yellow gold from the 1920s, was auctioned earlier this year in New York for $640,500.

A luxuryreplica watchis an acceptable -- yet noticeable -- sign of wealth for a man looking for a counterpart to a woman's diamond ring.

or tennis bracelet. "A big gold bracelet or pinky ring -- a man can't really wear. But it's OK to wear a 1930s Cartier or Vacheron Constantin," observes Faber. He says that Ralph Lauren has worn an exaggerated tankreplica watch(a rectangular shape) as a symbol of style. and elegance for years, and once something is spotted on celebrities and fashion insiders, consumers will follow.

However, forreplica watchto keep their value, they also have to be perceived as
NEW YORK -- Areplica watch's primary function might be to keep track of hours, minutes and seconds but its style, system and statement are hardly secondary factors.

That was a lesson collectors learned with quartzreplica watch.

Advancements in timekeeping techniques -- some of which date back centuries -- barely budged until the 1970s when quartzreplica watchcame on the scene, replacing the tension-controlled springs found in mechanicalreplica watchwith a crystal in an electric field to oscillate at a constant frequency.

Almost immediately, the demand for mechanicalreplica watchwaned and a slowdown in production of thosereplica watchfollowed.

But what happens when people stop making something?

"Everyone wants one," says Edward Faber, co-owner of New York's Aaron Faber Gallery, which sells vintage, collectible and estate jewelry. "They want one for the nostalgia of a mechanicalreplica watch."

That made suchreplica watch"collectible," and in a world of expensive toys and eccentric hobbies, collectible often is a code word for valuable.
Advertisement

"Now if you have a Daytona Rolex or Patek Philippe moon-phase (replica watch) -- if you have the means to acquire these -- when you walk into a board meeting in Los Angeles, London, Paris or Italy, it gives you cache," says Faber, who wrote "American Wristreplica watch: Five Decades of Style. and Design" (Schiffer).

The private market for high-end mechanicalreplica watchstarted to skyrocket, with particular interest from European and Asian collectors, and auction houses recognized the trend. The value continues to increase so dramatically, according to Faber, thatreplica watchmade in the 1950s and '60s that cost hundreds of dollars then, are now worth thousands. "The Rolex Explorer -- a simple black militaryreplica watch-- sold for $300 in the '70s. Now you can spend $6-, $7- or $8,000. You could have bought a Patek Philippe moon-phase full- price for $2,000 in the early '80s, now you cannot find them for less than $100,000," says Faber.

A Cartier Tortue Minute Repeater, a rare minute-repeating wristreplica watchin 18-karat yellow gold from the 1920s, was auctioned earlier this year in New York for $640,500.

A luxuryreplica watchis an acceptable -- yet noticeable -- sign of wealth for a man looking for a counterpart to a woman's diamond ring.

or tennis bracelet. "A big gold bracelet or pinky ring -- a man can't really wear. But it's OK to wear a 1930s Cartier or Vacheron Constantin," observes Faber. He says that Ralph Lauren has worn an exaggerated tankreplica watch(a rectangular shape) as a symbol of style. and elegance for years, and once something is spotted on celebrities and fashion insiders, consumers will follow.

However, forreplica watchto keep their value, they also have to be perceived as special and rare.

When the pendulum looked like it was swinging back toward mechanicalreplica watchin the late '80s, Swissreplica watchcompanies increased production. However, the skilled craftspeople of the previous generation were gone, Faber explains, so the company looked to computers to help.

The result is well-made contemporaryreplica watchwith a lot of bells and whistles that cost a lot, but they don't command the interest or price of vintagereplica watch, he says. "When you take that soul out of it, you lose it."

replica watchare becoming collectibles
It's a perpetual challenge to mix modernity with a brand's heritage and integrity, all equally important elements when you're hoping to design a future collectible, says Stanislas de Quercize, president and CEO of Cartier North America.

For the 100th anniversary of Cartier's first wristreplica watch, the Santos, the company unveiled an updated version withreplica watch's classic square face and screws that stand out, representing the rivets on an aircraft that Louis Cartier's friend Alberto Santos-Dumont would have flown. Cartier created thereplica watchso Santos-Dumont would be able to tell time while he was in his plane and unable to reach hisreplica watch.

"For the new Santos, the spirit is the same. The squarereplica watchis a provocative design because mostreplica watchare round, andreplica watchhas the screws that are a tribute to industrialization but a much larger size and sturdier," de Quercize explains. "We want to keep the myth alive by reinterpreting the classical shape and classical spirit. We still want someone to immediately recognize that you're wearing a Santos."

More people are collectingreplica watcheven though the need for them as a timekeeping tool is diminishing since cell phones, TV news crawls and computers display the hour and minute, he notes.

"The people who are collectingreplica watchdo Shade sail because it's something that recalls our dream of eternity. It's also one way to remind us that time isn't forever. The preciousreplica watchon your wrist reminds us that our time is precious and the way we're spending our time is up to us everyday," he says.

Brian Pier probably wasn't that reflective when he bought his firstreplica watch, certainly a less expensive "collectible" but probably more recognizable.

He was on vacation in the Netherlands in the early 1980s and shelled out about $30 for the quirkyreplica watchwith a black face, gold hands and a black plastic band that he expected would last two weeks. "I thought it would make a nice souvenir," says the 48-year-old corporate recruiting manager for an information technology company in Springfield, Ill.
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