Thursday, October 16, 2014

Time is Money at Charterhouse



A gentleman’s stainless steel Tudor Submariner wristwatch, bought for just £2 is estimated to sell for thousands of pounds at the Charterhouse auction of watches, silver and jewellery in November.

“The watch was bought new in 1962 by an airman carrying out his National Service and he told his wife it cost him £2.” Commented Richard Bromell. “Whether or not he was telling her a porky pie I would not like to comment, but she always thought it a fake as he paid so little for it!”

The airman carried on serving with the RAF after his National Service until 1970, after which he served as a lifeboat man at Skegness for 25 years. He used the watch daily during this time as it appears to have had a harsh life being battered by the elements and he eventually bought a new quartz watch and he put his trusty old Tudor in a tin. He died in 2003 and his widow, who lives in Cheshire, is planning a house move and was having a sort out when she brought the watch and a group of gold jewellery into a Charterhouse specialist valuation day at their Sherborne salerooms, whilst she was visiting a family member. She was amazed to hear the watch could sell for £2,000-3,000 as she had thought the watch a fake for decades.

Tudor watches was launched in 1946 by Hans Wilsdorf, the visionary founder of the Rolex Watch Company, as a new watch brand offering the reliability of Rolex but a more modest price.

Charterhouse are now accepting items for their forthcoming auctions watches, silver, and jewellery along with a special selection of wine, port & spirits on 20th & 21st November and for their specialist auction of classic cars and automobilia on Sunday 2nd November.

For further information regarding these auctions, or to arrange a home visit, contact Richard Bromell at Charterhouse, The Long Street Salerooms, Sherborne, Dorset DT9 3BS 01935 812277, via email on info@charterhouse-auction.com or call into Charterhouse on Tuesday 28th October when they will be holding their next specialist watch valuation day.

Richard Bromell with the 1962 Tudor wristwatch discovered by Charterhouse at one of their specialist valuation days in Sherborne estimated at £2,000-3,000
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For further information regarding this article, please contact Richard Bromell, Partner