I don't understand this post.If you call respecting a person's financial investment pandering ...
When a company feels they cannot, for whatever reason, treat a collector's piece with the due respect for it's value, then they should say so outright. Not return it with the collector's value destroyed because the original hands were replaced with new new ones for example (the excuse given at the time being "Aah, the old luminous may become brittle and fall out and then potentially crumbs may fall underneath the face and cause damage in the mechanism" - riiight ... other master watch repairers can indeed service [cla] a watch without replacing the hands). If I want a new watch, state of the art, I will buy it. And certainly not from the maker whose service department just ruined my collector's piece.
Eithe a maker lives off the stable resale value and even collectability of his products, or he doesn't.
For a collector's item, does parts replacement destroy value? If the item is from the initial production, is that OK?
I know that for vintage cars, OEM parts really matter, later reproductions are not considered authentic.
But for a watch, usually sealed tight, does changing out a gearwheel destroy authenticity?
My old watch's face has long since lost the glow in the dark feature it once had. No fitting replacement faces were available. So the olfd face stayed.
Is it 'authentic', even though the bezel and the bracelet have been replaced?