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Old 28 December 2019, 08:15 AM   #23
77T
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Can you truely enjoy a high-end vintage Rolex as it was intended?

It’s a good question best answered by those who own such a high-value vintage watch. Some can take a damaging incident in stride despite the loss of originality and subsequent devaluation if the Bakelite bezel was destroyed.

Others might have a major meltdown - they are the safe queen owners, by and large.

Shifting gears to a totally different angle - yet connected by comparison. Each year in the Monterey Classic Races at Laguna Seca, approximately $30 million worth of vintage race cars are on track during most races. A few are destroyed and most leave without a scratch.

The owners of the ones who race them can tolerate a massive loss (some cars are worth more than $2 million alone). They know that the car’s spirit for the sport is best displayed in competition.

There are other well-heeled collectors who visit the auctions and car shows where the only danger is a stray raindrop or bit of dust.

I think the owner of a very valuable 6542 GMT worth $100K will fall into one of those two categories.


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