v

The Collecting Arc a.k.a. The 14 Stages of Grief—Er, Watch Collecting

Watch collectors are a different breed. How did we get that way?

By John Field
Contributor

Before the days of disposable timepieces, watches were made to last decades. But few things we collect are such an important – perhaps intimate is a better word – part of our lives. And for many men, a watch is the only accoutrement other than a wedding ring worn next to the skin every day.

For me, my interest in watches caught fire at an early age, sparked by seeing my dad’s Rolex Oyster Perpetual with Jubilee bracelet every night on his desk with his wallet and car keys. My dad was given his watch by my grandfather in 1963. Whether my father was at the office, sitting down to dinner, or enjoying the weekend, that watch was on his wrist. It was, I felt, as unique to him as his fingerprints.

Reflecting on what drives our passion for watches, it’s helpful to think about how our collections began, where they are now, and how we got here. My collection and knowledge have grown in tandem over the years, but in many ways, my interests now are right back where they started.
 

I call this journey the “Collecting Arc.”

Just as I retrace the steps I took, reminiscing at every turn about the rationale – calling it “logic” isn’t quite right – that led me to collect this or that timepiece, you might find it worthwhile as well to look back at your own arc to see if any common themes reveal themselves. And given my fascination with my father’s watch – and with the collecting gene woven tightly into my DNA – my collector’s journey, I now recognize, was plotted early.

It unfolded in a series of distinct stages.

Stage 1: The Beginning

Anyone who started collecting watches at a relatively young age knows the overriding factors in the decision were twofold: First, did it look cool? And second, was it affordable? However, this was before the internet, of course.

There were no watch forums; there were pawn shops. And I figured the conventional wisdom was that it was always a good idea to have an everyday watch and a dress watch. So, in addition to a Seiko, I found an inexpensive Curvex.
 

Stage 2: The Collection Grows

Moderation? I never liked that guy. My collection began to take shape with the addition of brands such as TAG Heuer and Omega. Their sporty look and waterproof case designs made both wearing the watch and caring for them enjoyable and trouble-free.

As for those waterproof cases…Well, even though I rarely swim with a timepiece, I might wear it in the rain. And besides, the safest place for a watch is on the wrist. Right?
 

Stage 3: Looking for Something Special

As people get older, we reach certain milestones: graduation, marriage, new job. Special milestones, of course, call for a special purchase.

I graduated from medical school, got married, took my licensing exam and started my internship within the span of a week and a half. To mark the occasion, I bought a Rolex Oyster Perpetual.
 

Then came another significant feat: graduating from my residency and starting private practice. And if one Rolex is good, two are better. So, I picked up a current production model Submariner complete with box and papers.

Of course, after getting it, I assured my wife (and, truth be told, I even convinced myself) that was perfect. No need for any more!
 

Stage 4: Not Convinced Yet

Then it happens: Someone shows you a vintage watch, perhaps a Rolex, and for the first time, you take notice. Questions swirl.

Looking at the new Submariner on my wrist, I couldn’t even begin to imagine how my modern Sub – with its sapphire crystal, unidirectional bezel, and increased depth rating – would not obviously command a higher price than the aged model.

After all, why should I pay more for a watch that doesn’t even glow in the dark anymore? The improved movement alone should make a newer watch worth more. Yes?
 

Stage 5: Testing the Waters

At some point, the best way to answer such questions is to experience a vintage watch firsthand. After doing a little homework, I found what appeared to be a nice vintage 1680 Submariner.

The matte dial with eggshell patina, faded bezel insert, and acrylic crystal took a while to get used to (plus, the bracelet seemed a little stretched). And that’s when I realized it might require more time than I’d thought to warm up to the virtues of a vintage Submariner.
 

Stage 6: Setting the Hook

When in doubt, get some perspective from trusted, respected collectors. Rather than being points of concern, the collectors informed me, the unique quirks of a watch should be celebrated and embraced.

I was beginning to understand that the patina on the dial, the faded insert, and the surface wear on the case were what made my watch special, one of a kind. And so, instead of wasting time, I now visited watch forums and interacted with like-minded collectors.
 

Stage 7: Money is in the Dial

Themes began to emerge on these forums. Among them were that vintage watches are more valuable in their original condition, and the money is in the dial. With that in mind, I began paying close attention to the pieces I considered buying.

Rather than purchasing a 1675 GMT with newer hands and a service insert, I went for one with original hands and original insert. I also made sure that there were no chips or peeling on the dial and that the tritium was intact on the hour markers.
 

Stage 8: The Unpolished Movement

Watch dealers laud the beauty of an unpolished watch case. The collecting community takes notice, and another theme emerges on the watch forums: A great watch starts (but doesn’t end) with a great dial.

Additionally, two words to describe the sharpness of a case work their way into the watch-enthusiast lexicon: chamfer and bevel. Collectors are nothing if not obsessive-compulsive, though, so chamfer comes to take precedence.

So, wanting to keep pace with this unpolished-case movement, I began to look for watches with fat cases and sharp, well-defined chamfers and lug holes. Always good to get a view of the watch from the case-back side to check for lug thickness, I reasoned.
 

Stage 9: Focusing on the Details

Another watch forum theme: Period correctness. Buying a vintage Rolex with original parts from the original owner is ideal. But, with so few original owners knocking on my door, I realized I’d likely have to be satisfied with my watch being, at a minimum, period correct.

Still, even with the internet at my fingertips, it was not difficult to research my next purchase. I spent considerable time confirming that the Mk4 Double Red Sea-Dweller (DRSD) dial was consistent with the serial-number range between the lugs, the Mk3 insert was correct for the year the watch was produced, and the crystal was the correct T39 superdome that would have come with this model when it was new.

I tend to favor solid over folded-link Oyster bracelets, but since the folded-link version was original to this watch, it was fine. And did someone say “box and papers”? The original outer box had a paper tag that read 1665, and the guarantee paper had the serial number, but not written or typed. No, it was punched into it. Plus, it included its original hang tags.
 

Stage 10: Guidelines

After talking to collectors more knowledgeable than myself, I realized that when you decide to collect vintage Rolex, you need to understand that things don’t always fit into neat little boxes.

Over the years, Rolex made numerous improvements. There was often a transition period during which it introduced newer parts in some watches while fitting others with existing stock. And clearly, the rules I’d been following regarding serial number ranges, dials, inserts, and bracelets should be viewed more as guidelines that permit a degree of flexibility in determining the period correctness of a watch.

So, when a great 5513 Maxi Mk1 became available, I was initially concerned that the serial number was a bit “late” for a Mk1 dial. Thinking of guidelines rather than rules helped me move forward with the purchase.
 

Stage 11: The Forest for the Trees

Then the inevitable happened: I spotted another 1665 Sea-Dweller, and it was not like the one above.

This one had benefitted from a fresh polish, and the chamfers had just been cut. The dial and hands had a gorgeous patina, but with a loupe, I could see that one of the hour markers had broken at the edge of the dial where it met the case. The bezel insert evinced a unique fade that changed colors depending on the light.

It had a great look, but would the polished case and dial bother me down the road? Did I need an exit strategy in case I came to regret buying it? No harm in trying it on, I thought. I still own that Great White, and it never fails to bring a smile to my face. I was able to see past its imperfections and added a great watch to my collection.
 

Stage 12: Consolidation

“Just how many watches do you need?” a little voice inside my head kept asking. Certainly more than one, I reasoned. After all, I have two wrists. But the voice replied: “Trust me, you have a lot more than two watches.”

As it turned out, the voice was not in my head. It belonged to my wife, and she offered me some good advice: I can’t own them all. She was right, of course. So it was time to sell a few so I could add another. Some great watches went to a happy new home, and I was able to add a gilt/gloss 1675 GMT to my holdings.
 

Stage 13: Community

As I walked the delicate balance between passion and obsession, it was important that I connect with other collectors who shared my enthusiasm. Why? Because much of the joy of watch collecting stems from the friendships made along the way.

Meeting fellow collectors at a get-together (GTG) is a wonderful experience. I always look forward to hearing others’ insights and seeing firsthand the interesting collections they assembled. It’s not unusual for us to ask one another’s advice about a piece we’re considering, so an extra set of eyes never hurts.
 

Stage 14: I’ve Been Here Before

I attended a GTG recently and was thrilled to see a collection of chronographs from CWC, Hamilton, and Gallet. The military-issue pilot chronographs with fixed lug bars, issue numbers on the caseback, and circled T on the dial really appealed to me, as did the Gallet with its well-preserved two-register dial and beautiful case.

These watches had a really cool look. Plus, compared to vintage Rolex, they were pretty affordable, so I bought one of each. And that’s when it occurred to me: I was back where I had started, buying cool-looking, affordable watches. My “Collecting Arc” had come full circle, as it were.
 

Final Thoughts

With age comes wisdom, and as I continue searching for my “grail” vintage Rolex with a beautiful dial and sharp case, I understand the need for proper perspective.

It’s easy to get bogged down in minutiae and lose sight of what made this hobby fun in the first place: the fact that vintage watches are unique and cool.

After all, if they weren’t, we wouldn’t be chasing them down and collecting them. Besides, if I were only concerned with knowing the time, I’d get an Apple Watch.

(Photography by John Field)

And receive each week a custom selection of articles.

The 2022 Rolex GMT-Master II from a Lefty’s Perspective

By Mike EspindleExecutive Editor
By disrupting the balance between intended use and, yes, free will, Rolex’s new GMT-Master II does more than break with tradition. That is because if...

Live Pics: Rolex’s Watches & Wonders 2022 Novelties

By Steven RogersEuropean Editor
Among the surprises, there is a dial and case redesign for the brand’s Air-King pilot’s watch, while the GMT-Master II gets a left-sided crown...

The “Daytona” Daytona: Celebrating 60 Years of the Rolex 24 at Daytona

By Vincent BrasescoDirector, US
The Rolex Oyster Perpetual Cosmograph Daytona is among the most coveted sports chronographs wristwatches in the world. But arguably, there is no more special...