Watches

Words by:
William Gregory MRICS Golding Young and Mawer
Featured in:
June 2017

Fashion and trends are often seen at auction, but the consistently high demand for luxury gentlemen’s watches sees no sign of diminishing. Each and every time one appears in an auction the auction house is inundated with enquiries, requests for condition reports and of course, provenance. Once potential buyers have satisfied themselves as to quality and condition, telephone bids, internet registration and front seats are booked and the competitive bidding takes place.

Of all the luxury brands offered for auction Rolex and Omega are consistently on the most desirable list. Different models with special features of sporting technical excellence all increase the desirability. Automatic movements, chronograph, which allows the watch to function as a stopwatch, moon phase display, which shows the lunar cycle, are highly prized. Other complicated features such as calendar and repeater, which gives the watch a chiming function, are sought after by technical enthusiasts. For those who want to combine sporting features with sporting pursuits, many of these watches are now water resistant to a depth of 200 metres, allowing for swimming and deep sea scuba diving.

Another feature that should affect the auction price is what the watch is made of. Nine carat and eighteen carat gold are often used and it would seem that these watches should sell for more than those made of steel or are gold plated. However, true values of provenance, desirability and scientific excellence prevail in this competitive market, illustrated by these three examples recently sold by Golding Young & Mawer, all making sizable amounts but all for different reasons.



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Calling all UK young artists!Doddington Young Sculptor Exhibition Doddington Hall and Gardens, Lincolnshire invites submissions from UK-based sculptors and 3D artists, aged under 30, for an exciting new open exhibition to be held this summer. Doddington is looking for pieces to be exhibited in the historic working Kitchen Garden, which complement the Garden and its surroundings. The Doddington Young Sculptor Exhibition will run alongside the main bi-annual Sculpture at Doddington exhibition and is an opportunity to exhibit alongside some of the finest contemporary sculptors selected from across the country and further afield. Prizes: 1st prize – £750, 2nd prize – £250Submission deadline: Sunday April 21st 2024Further details about eligibility, terms and conditions can be found at: www.doddingtonhall.com/event/young-sculptor-exhibition/To apply, please email your submission as a PDF document to angus@doddingtonhall.com ... See MoreSee Less