I realised at an early stage that I would never be able to afford all the watches I would like to have. I also realised that it was very difficult for me to part with a watch. Subsequently, I've given each and every acquisition much thought before going through with it. The watches I end up buyiing is the ones I really want. So far I've never sold a watch. Sure, there are lots and lots of watchesIi want, and sometimes I come across a relly good deal that I miss because I want to be sure I really want that particular watch, but iI comfort myself with the thought that all good things come to those who wait.
is a major determinant of how many watches I can keep. At the moment, it is 50, including winders for the perpetuals and annual calendars. I believe it is an optimal number since I knew long ago that I could not possibly own every piece I like. I take them out for cleaning and winding everyday and that is part of the enjoyment.
I don't like the idea of keeping watches in a safe-deposit box and paying them visits once or twice a year - that would not be fair to the pieces.
So, if I am compelled to get piece number 51, I will get rid of the least desirable one in the portfolio. At this juncture, money does not come into the equation as everything is motivated by passion. But of course, there can be exceptions....rules are meant to be broken.
Sam
This message has been edited by samwan on 2008-12-15 17:34:19
I'll only sell off a piece if the re-sale value if good. If not, i'll just keep it and try my best to appreciate it.
However, if a piece is doing well and it's time to sell it for a profit, then of course, i won't hesitate. There aren't many keepers nowadays anyway and i've noticed( and even sold) watches that are simple ETA based models but fetching a high resale due to the design etc. Watches with ETA movements don't rank highly in my eyes.
About keeping pieces, i keep pieces with manufactured movements.