i-Watch and the people who collect watches, an obtuse angle…

» Posted by on Mar 10, 2015 in General | 0 comments

In 1997, Lange & Sohne , created the tourbillon with a stop-seconds mechanism.

What is the totally obtuse and 99% brainless point I am trying to make?

Well…the point is that a $17,000USD i Watch is damned costly.

Because it ain’t gonna be “immortal”.

A hammer or a knife is immortal, or has a chance for it to live forever a useful life.

An electronic instrument is good or even superlative when the tech behind, and nowadays, in front of it…like apps…are making it useful and cool.

But the day that carburettors man…that came, and maybe even fuel injection will soon go.

Now, when cameras came, paintings didn’t die off…logically they could have. But no.

The world of watch collecting began seriously years after these timekeepers were invented. Possibly because people wish to own at least one thing that is superlative, and can last or remain relevant.

 

So…

 

The tourbillon was a development of the carriage escapement (patent 1801). It was for pocket watches that were typically in the same upright orientation. In the tourbillon, the rate-governing parts – the balance and escapement assemblies – were integrated in a cage that rotated about the regulating parts.

This neutralised the error caused by the pull of gravity on the balance. In modern wristwatches, worn in constantly changing orientations, the need for rate corrections is no significant issue.

Nonetheless, because of the intricacy and complexity that was visually demonstrated to even a child’s eye, the tourbillon has a rare fascination. Executed in artisanal perfection, it remains the horological complication mastered only by the elite.

Today, it is challenged by computerised machines, cheap eastern made arrangements that emulate its dance and moving art.

I will explain why and how, in the period between 2001 to 2014, I managed, at some risk, to place my savings into 3 tourbillon designs that I figured will have placings in all of history.

My amateur historical readings made me look at the tourbillon, and not any other complication besides material advance in case making ( a longer story), as a possible investment.

I won. With an outlay of 100,000 chf in 2001 to 2004, on savings…I now have close to $3,000,000 USD in wristwatch assets. This is better than cash, smaller to transport and to hide.

With all Homeland securities threatened, mobile and liquidable assets are the best bet, IMHO.

Here was how I did it:

Back in 2000, I bought beautiful hand cut and finished Brequet tourbillons at very low prices of $60,000 and lower…USD mind you. The world was still using Rolex and Patek as refuge..they still are, but gains have eroded with web based education.
Being involved with laser eye surgery, it took my imagination and a few good computer friends to roughly project how long before tourbillons can be mass made.
Next, to convince investors, I guessed that old world security in solid items will return, not as gold/diamonds, but with a taste for preserved history of art, architecture, micro engineering and design.
The most condensed form of all of these in a single postage stamp size was a superb, highly irreproducible wristwatch, encased in an indestructible, air tight (not just water tight) case.
The values of these must challenge automobiles. Because I understood why men and women buy cars.
If they could be marketed to secure that idea of indestructible immortal work…..look at ship wrecks, lost aircraft discovered after 50 years, museum exhibits…you get the picture.
Minimal maintenance.
My advanced knowledge in 2001 of what 3D printing can do within a 3cm cube.
Total known supply of platinum, its rarity, usefulness, extreme cost to refine and even more extreme cost to polish and form. I was convinced that an object made of what will remain beautiful because it represented man made ingenuity, created with naturally rare elements of lifetime warranty, and totally not possible to create a fake at lower cost. All I had was to juggle numbers.
Now the advice. Buy platinum made watches. 950 platine. It takes 3 american football fields cubed volume to extract an ice cube of 950 platinum! Do the math.
All, 90% or more of platinum is known in their ore as well as refined form…unlike all other elements.
It will require Star Trek or science fiction to rock the platinum market.
Being extremely difficult to form, polish or cut/carve…math and history reveals all of platinum’s futures.
However, combined with ever adavancing desires for art forms which incorporate man’s inventive and creative minds..platinum soon multiplies its own value!
I focused on buying good, rare and as far as I could, I chose makers who were not yet “discovered”. MB&F, Greubel Forsey and Laurent Fleurier and individuals like Vianney Halter.

No doubt Greubel Forsey takes top prize. But at $500,000 a pop with platinum, and soaring used piece markets…one may wish to stick to Rolex and Patek for safer and lower entry points.

Good luck. If you are caught or killed, I will disavow all knowledge of this advice.

Will never be rendered useless...

Will never be rendered useless…

Trust me...these will outlive almost anything you own.

Trust me…these will outlive almost anything you own.

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