Over the millennia humankind has sought to record and measure time. Watches which can tell the time with exceptional accuracy can be bought for very little today and yet our enduring fascination with exquisitely engineered mechanical watches remains undiminished. Not only do these watches connect us with the present but they also link us with points of extraordinary human endeavour and adventure from our past. Wristwatches have become a booming collectors’ market with prices at auction continuing to rise.
The Omega Speedmaster Professional Chronograph has become an icon of space exploration. Buzz Aldrin wore one as he stepped on the lunar surface for the very first time in 1969. The Omega Speedmaster Professional has been used on all NASA’s piloted space missions, including the period of manned Moon landings between 1969 and 1972, and is still used by astronauts today. The example shown here dates from 1970, the year of the fated Apollo 13 mission whose story has been immortalised in film and writing. Against the odds the astronauts and their damaged spacecraft were returned safely to earth after they were forced to abort their Moon landing. Date, make, condition, model and originality are vital to a watch’s value and this example realised £10,500 in a recent Toovey’s specialist watch sale.
Perhaps the most iconic of all diving watches is the Rolex Submariner. The idea was conceived in 1953 by Rolex board member and keen diver, René- Paul Jeanneret, who identified the potential for a diving watch which could also be worn every day. The French underwater explorer, Jacques Cousteau, invented the aqua-lung ten years earlier in 1943 and is said to have used a Rolex Submariner himself on occasions. His underwater adventures aboard the ship Calypso would be made famous by the BBC television series of the 1960s and 1970s.
Early and rare examples of Rolex Submariners can command five and six figure sums at auction. But later pre-owned examples, like the one shown here dating from 2006, can be purchased at auction for between £3000 and £6000 depending on condition.
The watchmaker Heuer can trace its history back to 1860. It became TAG Heuer in 1985. Heuer was a leading maker of stopwatches and from the 1950s to the 1970s their chronograph wristwatches became popular among amateur and professional motor racers including the actor Steve McQueen. The Tag Heuer Monaco LS Calibre 12 gentleman’s wristwatch illustrated copies the earlier version and dates from 2015. Whilst the 1970s originals command the highest prices these pre-owned, beautifully crafted later editions fetch around £2000 at auction today representing great value to the watch and motoring enthusiast.
The increasing demand and prices for wristwatches at auction reflects the enduring appeal and strength of this collectors’ market. Toovey’s next specialist watch sale will be held on Thursday 7th September 2017 and further entries are still being accepted.
Tom Rowsell, head of Toovey’s specialist watch auctions, is always delighted to meet with fellow wristwatch enthusiasts and can be contacted by telephoning 01903 891955.
By Rupert Toovey, a senior director of Toovey’s, the leading fine art auction house in West Sussex, based on the A24 at Washington. Originally published in the West Sussex Gazette.