If you’re sure your that your jewelry is ready for the scrap heap, try calculating its worth yourself. Check the karat of the gold, (24k is pure) which should be stamped somewhere on the jewelry. Weigh it using a good kitchen or produce scale, if you don’t have access to a gem or jewelry scale. Gold is weighed in pennyweights, troy ounces, or grams so use the International Gemological Institute’s online calculator to save yourself the math. Enter the karats and weight and it will spit out what the value is based on the prior day’s gold, silver or platinum price.
During the last financial crisis the high-end watch market took a serious plunge. Luxuries such as the purchase of expensive watches tends to be one of the first things to go during rough economic times.
The Swiss watch market is especially sensitive to economic depressions, and finds itself always having to aim where new money is. This is because high-end wrist watches for the most part are a poor economic investment. You should buy them because you love them, because they are beautiful, and because you want to wear them. Not because you think they will hold or increase in value.
When great men tell you that ideas are sometimes best born on the backs of restaurant napkins, they might actually be thinking about a balmy afternoon in Paris circa 1904. Then, a young Deutsch Prize winning aviator complained to compadre Louis Cartier that pocket watches are a tad dangerous when both hands are needed to pilot aircraft (there were no avionics in the nineteen aughts, everything was manual).
Cartier created the Santos-Dumont with a simple leather strap and buckle and they say the rest is history. EXCELLENT CONDITION, WORKING, KEEPING TIME, DISCONTINUED MODEL VERY RARE AND VERY HARD TO FIND. NO BOX AND NO PAPER
In 1907 Edmond Jaeger began to make the internal movements for Cartier watches. Success moved Cartier forward into the world market. Fashionable wristwatches replaced pocket watches as styles changed through design movements such as Art Nouveau and Art Deco. Some early Cartier models include the Baignoire , the Tortue , and the Tank watches.
Cartier’s Lasting Design and Artistic Appeal Today you see a lot more technical development in wristwatches than we saw through the last hundred years because wristwatches tended to follow pocket watch developments in terms of timekeeping and manufacturing. Today, though, they’re using new materials for balances and hairsprings, and they’re inventing new escapements.
I probably bought my first watch to restore in about 1970. It helped that my dad was a jeweler, and that when I was a little kid I used to run errands for him downtown. When I got older, I still knew all his jeweler buddies, and as I got interested in watches they’d offer me wristwatches that came from estates. So in the early days I was buying Patek Philippe Tank watches for $300 to $500 and maybe selling them for $700 to $800. The same watches today are worth about 10 times that.