Today there is quite a high premium on original vintage pieces simply because they’re extremely rare and becoming increasingly harder to find. Decades ago, when people bought luxury watches like Rolex for example, it was perfectly normal for them to get the watch serviced, polished, or have parts replaced if you scratched or dented them up. The problem is that while they were done by the company with authentic later-era parts, they still weren’t original parts or features of the watch. Since this was such a common practice, today it’s really special – and highly valuable – if a vintage watch is totally original.When posed with the question of which watch to buy and when, every industry “expert” probably begins their answer with some variation of the same caveat: Buy for love, not for money. Watch collecting is a wild and unpredictable hobby. Auction prices for classic models have been known to hit eight figures (and then some), but most of the Rolex watches out there depreciate the moment you strap them on your wrist.I have a young friend who is ready to buy his first luxury watch. He’s been thinking about it for weeks (good boy), but every few days he calls me (bad boy) and labors the same point: He wants a watch that is an investment (even worse boy). There exists in modern watch collecting a problem: collectibility is now treated as a selling point. But the problem with everybody and their dogs knowing that something is collectible is that everybody and their dogs are quite likely to collect it.The most expensive wristwatch ever sold was the Rolex Daytona worn by Paul Newman himself. It fetched $17. million at a 2017 auction. That’s a pretty good price for a watch that was so unpopular when it was initially launched that it lingered on dealers’ shelves with relatively few actually making their way onto customers’ wrists. One of those wrists happened to be Paul Newman, who had reputedly been bought the watch by his wife, Joanne Woodward. And it isn’t that she made a sound investment, but rather her purchase created an investment piece by her gifting it to her stratospherically famous husband.
The Pearlmaster is the ultimate luxury-oriented Rolex timepiece. Sitting somewhere at the crossroads of watchmaking and jewelry, the Rolex Pearlmaster is exclusively craft from precious metals and always adorned with expertly set gemstones (either diamonds, sapphires, or rubies). Although the Pearlmaster is easily the most lavish and gem-encrusted line of Rolex watches, relatively little media coverage surrounds it, as its sheer opulence places it outside the reach of many consumers.The Pearlmaster was originally introduced in 1992 as a new and slightly larger interpretation of Rolex’s Lady-Datejust line of watches. Over the course of the last quarter of a century, the Pearlmaster has grown in size and evolved in concept to become an entirely separate collection of ultra-premium Datejust watches that blurs the lines between a wristwatch and a piece of jewelry. The “Pearlmaster” name actually comes from the watch’s unique bracelet design with rounded five-piece links and a concealed Crownclasp, which to this day, is specifically reserved for Rolex’s crowning jewelry watches.Today, the Pearlmaster is manufactured in 34mm and 39mm case sizes and is exclusively craft from solid 18 karat gold (yellow, white, or Everose). As far as internal mechanics, the Pearlmaster 34 is powered by Rolex’s Caliber 2235, while the Pearlmaster 39 receives the Caliber 3235. Despite the difference in movements, both watches boast Rolex’s “Superlative Chronometer” certification, which guarantees timekeeping performance to a maximum variance of -2/+2 seconds per day (after casing).
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