Carrera 1964 Re-Edition - equivalent now?
Discussion
I’m hoping any Tag Heuer experts might be able to give me a bit of guidance. I’m making sure that my insurance cover for one of my watches is sufficient. I have a Carrera 1964 Re-Edition, SS with the black perforated leather strap, which I bought new in 1997, which I think was the first year of manufacture. Now as this particular model is no longer available, I’ve been trying to figure out what is the nearest comparable model in their range that I could argue should be the replacement in the event of a loss. The trouble is, all of the Carrera movements are now autos, compared to the self-winding Lemania movement. Plus they are all somewhat bigger, and all of the chronographs seem to have at least a date function. The closest I could get was the Calibre 1887 version. Any views on how this movement is regarded compared to the Lemania, which if it was good enough for the Moonwatch, must be ok? I don’t think that, in the event of a loss, I would actually buy a current Carrera, but is it a reasonable assertion to make that the 1887 is the closest replacement? I think I paid about £1,300 for mine originally, and the 1887 is RRP £2,695.
Not mine, but the same as:


Edited to change the image of the newer Carrera as I don't think it was the 1887 verion.
Not mine, but the same as:

Edited to change the image of the newer Carrera as I don't think it was the 1887 verion.
Edited by Number 7 on Thursday 14th July 13:20
Blowers have one in at present, and helpfully give a replacement cost as well as RRP. That's your range, I guess.
http://www.blowers-jewellers.co.uk/images2/watch_i... - about 3/4 down the page.
ETA - would the insurer allow you to overvalue it to effectively cover the cost of buying the new equivalent now?
http://www.blowers-jewellers.co.uk/images2/watch_i... - about 3/4 down the page.
ETA - would the insurer allow you to overvalue it to effectively cover the cost of buying the new equivalent now?
Edited by Stuart on Thursday 14th July 12:41
Mmmmm....I'm guessing that the £1,695 replacement cost might be either the RRP when that piece was new in 2003, or maybe the cost of buying another used one. With a new for old policy, I would certainly not accept replacement of a watch which I bought new with a used example, however good condition. I had something not dissimilar about 15 years ago when all of my camera gear was stolen. I'd accumulated an OM1 based system from new, but Olympus didn't then make that or anything close to a manual focus, manual metering etc. SLR. I argued with the loss assessor that the nearest equivalent available at that time was a Nikon (FM2 I think), and they eventually agreed with me.
Number 7 said:
I’m making sure that my insurance cover for one of my watches is sufficient
You'd best ask your insurer if you’re genuinely worried.Unless you’ve made some specific arrangement, they are hardly going to pay for something more expensive just because your old watch has been superseded.
Drawing a car analogy – How likely are you to get a Porsche 997 as a direct replacement from the 996 that get’s stolen? Not very.
Well my insurer (Cornhill - offshore call centre) were very little help, other than to say that anything over £5K needs a formal valuation. This one obviously doesn't fall into that category, but a couple of J-LC's do, so I called a London Mappin and Webb to chat about valuations. £120 per item if you don't mind! So I called an out-of-town J-LC AD, and there charge was a slightly more reasonable 1% - 1.25% of value(depending on rarity, whether still made etc.). One thing they did confirm though (unprompted) was my belief that they would suggest the 1887 as the nearest current model to the Carrera Re-edition for valuation purposes.
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