WATCH COLLECTION WITH A LIMITED BUDGET
Most collectors are always looking for the sleeping one who is waiting to be found. One story tells how a collector went to a pawnshop and asked the owner if he had any gold pocket watches for sale. The pawnshop broker replied, “No, but I have a pocket watch brand” 23J “with a silver case at a good price.” Even though the pocket watch was in a cheaper case, the collector decided to investigate the mechanism. When he opened the back of the watch to inspect the movement, there he saw the signature “24J Bunn Special” engraved on the plate and immediately decided to buy this watch. The mechanism was working and in excellent condition. The collector asked for a price. The broker said that he is trying to get rid of the watch, but he does not succeed in this, and if he wants to buy it, he is ready to sell it for $ 35. The collector bought a pocket watch and replaced the silver case with a gold-plated case “J. Boss, ”and sold the watch a month later for $ 400. He spent a total of $ 100, when he sold the watch, he made a profit of $ 300
Most collectors would like to have pocket watches that were made at or near watch centers and would be original on their own. But consider a pocket watch for railway guides, such as the Bunn Special in a cheaper case. The conductor was forced to buy a watch with a high-quality movement, even though he might have been in a cheaper case. The conductor should have a pocket watch that would meet certain standards set by the company. Watches must always be judged by quality and their work, and not just by their appearance. The American pocket watches of railroad conductors were unsurpassed in reliability. They have been in working condition for a long time and at the same time are very accurate, and that is what is their value today.
Collecting watches can be an interesting, adventurous, and profitable hobby even with a limited budget. If you want to quadruple the success of your purchases, you must first work hard, be persistent and allow insight, and knowledge to grow into profit. A good start should be practical knowledge of how a pocket watch works. Learn basic knowledge and skills, such as cleaning, adjusting the travel spring, and replacing something. You do not have to be a watchmaker, but you need to learn the names of the parts and what they do. If the watch that you decide to buy does not work, you should know how much it will cost to repair it and how many hours will it cost to fix the defects in order to profit from a future order or refuse this watch. Avoid incomplete pocket watches.
Old watches with broken or missing parts of the road and difficult to repair. Some parts must be made by hand. Fancy and cheap-made watches are also difficult to repair. Start with a pocket watch, with a standard amount of stones. The older the watch, the harder it is to find spare parts for it. Buy an inexpensive pocket gear that is in working condition and practice with it. Buy a newer mechanism for which you can buy spare parts; and buy a watch restoration book.
Study price statistics, follow the changing interests of collectors and you will find success in this area.