IWC 18K Gold Novacento with 18K Gold band

Does anyone own a Novacento like mine above? I bought it in 1990. Are they holding their value? Worth more than what cost was?

RG

I meant Novecento...

RG

I have the opinion watches are not an investment object.
The day you buy it, they loose 50% of their value when you buy them as investment. (To resell them) This it true for 97.77% of the watches.

Only a very small part of them keep the value or even increase it.
Its also a game of the market.
Example: The Ref. 5441 is a very nice and was a searched watch, there was a hype for them, and now the price is pushed to be quite high. Quite a number of those watches are on the market now, for too high prices, no one is buying them anymore at this price level. They have to come down to find a buyer.
This is the main problem you need a buyer who wants to spend the money for your watch and for 97,77% of the watches you can't define the selling prices, you just can accept the buyers offer or not.
The Novecento is one of those watches, Sorry.

regards

Ralph

18K Gold Novecento with an 18K Gold band Reference 9235,
The U.S. Retail Price in both 1990 and 1991 was $27,995. (if this posting conforms with the Collector's Forum rules).

Sorry, it isn't, we want to be non commercial. Had to edit.
Regards,
Tonny, moderator.