Kutchinsky Studio
Author
Discussion

Comfortably Dumb

Original Poster:

1,237 posts

216 months

Saturday 14th July 2012
quotequote all
Is there any body in here that can give me a rough valuation on a Kitchinsky Studio (#19 of 100), with its matching cuff links and ring?

I'm struggling to find any information about it. Cheers.

Dominic H

3,289 posts

263 months

Saturday 14th July 2012
quotequote all
Comfortably Dumb said:
Is there any body in here that can give me a rough valuation on a Kitchinsky Studio (#19 of 100), with its matching cuff links and ring?

I'm struggling to find any information about it. Cheers.
Not giving much to work with. Do you have any images or a link?

Comfortably Dumb

Original Poster:

1,237 posts

216 months

Saturday 14th July 2012
quotequote all
Sorry there really doesn't seem to be much info available, all I can find out is Kurchinsky is a jewellers in knightsbridge.

The watch is white gold, lots of diamonds and sapphires. Very top end, originally purchased by a middle eastern head of state and given away as a gift.

I'll get some photographs and upload them.

Comfortably Dumb

Original Poster:

1,237 posts

216 months

Saturday 14th July 2012
quotequote all





There are about 50 sapphires around the bezel and 20 each in the cuff links and ring.

DS3R

13,519 posts

197 months

Saturday 14th July 2012
quotequote all
Err, find a Premiership Footballer thread?

Comfortably Dumb

Original Poster:

1,237 posts

216 months

Saturday 14th July 2012
quotequote all
DS3R said:
Err, find a Premiership Footballer thread?
As most of the can't count above 4 I'm not sure they'll help me value the set but thanks for the input.



Ikemi

8,611 posts

236 months

Saturday 14th July 2012
quotequote all
It might be worth contacting Kutchinsky and asking how much the set retailed for, just to give you an idea. Failing that, perhaps have it valued at a jewelers? It looks rather expensive, so if you haven't got it covered under an insurance policy of some kind, I'd look into that ...

Comfortably Dumb

Original Poster:

1,237 posts

216 months

Saturday 14th July 2012
quotequote all
I think that's the next step. They've been given to us as settlement of a debt. As there are some very knowledgable people in here thought I'd drop a quick post to see if anybody knows about them.

HD Adam

5,155 posts

215 months

Saturday 14th July 2012
quotequote all
Why would you accept something as settlement for a debt when you don't know what it's worth?

Hope it works out for you OP and that your user name doesn't become very apt in this case.

DS3R

13,519 posts

197 months

Saturday 14th July 2012
quotequote all
Comfortably Dumb said:
As most of the can't count above 4 I'm not sure they'll help me value the set but thanks for the input.
I wasn't joking, Kutchinsky is a small jeweller in Knightsbridge who has entered in to licensing deals with various watch manufacturers, Chopard, Blanc Pain and others. They take a "base" watch and plaster it in jewels, then try and offload them for a price of the:

1 [potentially already high base retail value of the ] watch +
2 jewel value +
3 an individuality premium based on limited runs/ an exclusive licence to use a specific model from #1.

which may make sense at the immediate retail point, but leaves you with something rare and of... Acquired taste if trying to sell on.

Now I have no idea what base watch that was, Kutchinsky themselves could tell you the manufacturer, you may have to infer the exact model from the year it was made, and that would give you the first part of the equation. then there's the jewel part, there are a lot of stones in that set. and then the last part, which is wholly subjective this late in the day for that watch.

i have seen one Kutchinsky sell at Bonhams for less than #2 above, and the buyer intended to strip it and use the stones individually.

in order to get the maximum return, you have to find someone who has everything, and therefore will appreciate the opportunity to not just buy #1, will accept that #2 carries a cost, and therefore will give you something for #3,

Ergo footballers.

Dominic H

3,289 posts

263 months

Saturday 14th July 2012
quotequote all
A few thoughts.

As pointed out, Kutchinsky are a Knightsbridge jeweller that stocks a few high end brands and sells their own watch range. A lot of these watches will be used as makeweights in high $$ jewellery sales, or sold at very heavy discounts against an artificially high rrp. As a brand there is little or no demand, the watches themselves are not sought after.
In terms of value, I would have thought that you are looking at the break-up value of the materials.

I hope these don't owe you too much. What is the value claimed by the seller?...

Comfortably Dumb

Original Poster:

1,237 posts

216 months

Saturday 14th July 2012
quotequote all
Cheers Dominic and DS3R, very useful information. I didn't think there would be huge demand or market for the watch, I've spent enough time in this section of PH to recognise most brands. What I don't know are bespoke jewellers and if these guys might be something special.

With regards to the value of the debt it was low thousands and would have been written off if the jewelry hadn't been offered instead.

It's my Dad that now owns them, and is considering having them remade in to smaller pieces for my Mum. Just wanted to check he wasn't about to destroy anything of merit.