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timepieceluvr · 18 May 2019, 09:56 PM

Has anyone seen the latest updates to the Chrono24 “Watch Collection” feature? It’s pretty cool. It tracks the details of the pieces you own: When you acquired, how much you paid etc. and then adds an estimate of the current value with the trend over time and current pricing. You can take pictures of your actual watch to add to the details.

Makes me think it’s time to ensure my insurance is sorted out

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offrdmania · 18 May 2019, 10:47 PM

Does it update the current value based on what others are asking for pieces or by what other watches actually sold for? There is a huge difference between those two points.

Zakalwe · 18 May 2019, 10:53 PM

Quote:

Originally Posted by offrdmania

Does it update the current value based on what others are asking for pieces or by what other watches actually sold for? There is a huge difference between those two points.

My understanding is that it tracks average of price paid. This is consistent with my own information. It estimates my 2018 BLNR is worth a tick over £12k but if you look at all the U.K. 2018 BLNR’s on sale, £12k is the minimum asking price and the average asking price is nearer £14k.

timepieceluvr · 18 May 2019, 10:56 PM

Here is what the site has to say: https://www.chrono24.com/info/valuation.htm#gref

It’s just a data point, I’m not too concerned about getting a check for the estimate but it’s fun to watch the trends. I like being able to see all my pieces together and look at the history of my collection.

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offrdmania · 18 May 2019, 11:32 PM

Its a mute data point in my opinion if it is looking at asking prices. Sold prices are more realistic. I can ask anything for a watch, the market trend depicts what it will actually sell for.

timepieceluvr · 18 May 2019, 11:44 PM

It’s a moot point to me because I’m not interested in selling them but like I said it’s fun to look at. They evidently DO look at actual sales as well as current offers.

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Boothroyd · 19 May 2019, 12:18 AM

I put my watches in there, just to get a range. The lower end of the range they produced seemed in line with what I would expect.

colpol · 19 May 2019, 07:55 PM

Never noticed it before

Just put my watches on for a bit of interest

The sites estimate is i’m 35% up although -6% on my DRSD.

Jocke · 19 May 2019, 08:09 PM

And let's hope the database won't end up with people using the information for criminal activity.

18 May 2019, 09:56 PM	#1
timepieceluvr "TRF" Member Join Date: Dec 2015 Location: USA Posts: 1,957	Chrono24 update Has anyone seen the latest updates to the Chrono24 “Watch Collection” feature? It’s pretty cool. It tracks the details of the pieces you own: When you acquired, how much you paid etc. and then adds an estimate of the current value with the trend over time and current pricing. You can take pictures of your actual watch to add to the details. Makes me think it’s time to ensure my insurance is sorted out Sent from my iPhone using Tapatalk

18 May 2019, 10:47 PM	#2
offrdmania 2024 ROLEX DATEJUST41 X2 Pledge Member Join Date: May 2008 Real Name: Matt Location: Wine Country, Ca Posts: 5,849	Does it update the current value based on what others are asking for pieces or by what other watches actually sold for? There is a huge difference between those two points. __________________ TRF Member 11738

18 May 2019, 10:56 PM	#4
timepieceluvr "TRF" Member Join Date: Dec 2015 Location: USA Posts: 1,957	Chrono24 update Here is what the site has to say: https://www.chrono24.com/info/valuation.htm#gref It’s just a data point, I’m not too concerned about getting a check for the estimate but it’s fun to watch the trends. I like being able to see all my pieces together and look at the history of my collection. Sent from my iPhone using Tapatalk

18 May 2019, 11:32 PM	#5
offrdmania 2024 ROLEX DATEJUST41 X2 Pledge Member Join Date: May 2008 Real Name: Matt Location: Wine Country, Ca Posts: 5,849	Its a mute data point in my opinion if it is looking at asking prices. Sold prices are more realistic. I can ask anything for a watch, the market trend depicts what it will actually sell for. __________________ TRF Member 11738

19 May 2019, 12:18 AM	#7
Boothroyd 2024 ROLEX DATEJUST41 Pledge Member Join Date: May 2011 Real Name: Daniel Location: Minneapolis, MN Watch: Wilsdorf(s) Posts: 10,186	I put my watches in there, just to get a range. The lower end of the range they produced seemed in line with what I would expect. __________________ Explorer 214270 MK I/Datejust II Black 116300/Tudor Heritage Black Bay Black 79220N

18 May 2019, 11:44 PM	#6
timepieceluvr "TRF" Member Join Date: Dec 2015 Location: USA Posts: 1,957	It’s a moot point to me because I’m not interested in selling them but like I said it’s fun to look at. They evidently DO look at actual sales as well as current offers. Sent from my iPhone using Tapatalk

19 May 2019, 07:55 PM	#8
colpol "TRF" Member Join Date: Jul 2010 Location: Scotland Posts: 2,844	Never noticed it before Just put my watches on for a bit of interest The sites estimate is i’m 35% up although -6% on my DRSD.

19 May 2019, 08:09 PM	#9
Jocke 2024 ROLEX DATEJUST41 Pledge Member Join Date: Apr 2006 Real Name: Jocke Location: Sweden Watch: A dozen of Rolex's Posts: 22,515	And let's hope the database won't end up with people using the information for criminal activity. __________________ This message is written in perfect swenglish. What is best a custom Rolex or a Rolex that is stuck in custom? Buy a professional camera and you´re a professional photographer, buy a flute and you own a flute.

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