On the brink of a new year, here’s another update of the Enicar Watch Value Barometer. It has been almost 16 months since my last overview of Enicar trading prices. What has changed? Well, the urge more and more people feel to spend money on assets like classic cars, exclusives wine and whiskeys, art, precious metals, hollow cryptos and… watches. No one wants to loose money on a savings account and that is, at least in Europe, the current situation.
Rising prices for luxury watches is also caused by scarcity of parts. The pandemic has disturbed the supply chain heavily in 2021 and even some of the big brands had to postpone releases of new models. Of course we are talking vintage watches on this website, but I firmly believe that lower and pricier stocks of watches in general also push the value of the vintage classics upwards.
Over the last year, I have noticed a broader interest in Enicar watches and the brand story. For what it’s worth, my Instagram account has gained almost 30% in followers in twelve months time and I see a lot of vintage watch enthusiasts dipping their toes into the Enicar pond. The second print of the Enicar book is almost sold out. Enicar is still not among the usual suspects, but I do see many more professional watch resellers offering the brand to their customers.
A nice surprise for Enicar fans that were hoping for a revival of some keystone models came from Germany with the launch of Sherpa Watches. This new brand is bringing the iconic Ultradive and OPS back to market. I have dedicated a post on the re-editions here. The original Enicar versions were already gaining momentum and I have seen asking prices going up since Sherpa Watches has announced their new releases.
I have probably wrote it before: I am not the final word in Enicar prices. My overview is an independent take on prices I’ve seen through auctions, eBay, resellers, Instagram, fairs and my fellow collectors. Remember: an asking price is not the same as a sales price. Some Enicars I saw on Chrono24 three years ago are still there, unsold. As always, I defined five categories. These represent the most popular Enicar models and the ones I get asked about frequently. Condition is graded in three categories: Very good – mint, average – good and poor – fair. I use Euro in my estimates and I also use a bandwidth.
The Sherpa Graphs
Sherpa Graph Mk Ia
- very good – mint: € 15.000 – € 22.000
- average – good: € 9.000 – € 15.000
- poor – fair: € 7.000 – € 9.000
Sherpa Graph Mk Ib
- very good – mint: € 9.000 – € 12.500
- average – good: € 6.000 – € 9.000
- poor – fair: € 4.500 – € 6.000
Sherpa Graph Mk II
- very good – mint: € 6.500 – € 9.000
- average – good: € 5.000 – € 6.500
- poor – fair: € 3.500 – € 5.000
Sherpa Graph Mk III
- very good – mint: € 8.000 – € 13.000
- average – good: € 6.000 – € 8.000
- poor – fair: € 4.000 – € 6.000
Sherpa Graph Mk IV
- very good – mint: € 6.000 – € 8.000
- average – good: € 4.500 – € 6.000
- poor – fair: € 3.000 – € 4.500
Aqua Graph / Jet Graph (MkI versions add 20%)
- very good – mint: € 7.000 – € 10.000
- average – good: € 4.000 – € 7.000
- poor – fair: € 2.500 – € 4.000
The other Graphs
Fresh & minty: the Enicar Big Eye in the Hodinkee shop had a 3.9k USD price tag.
Valjoux 72 chronograph, Ocean Pearl Interlagos, “Garnix”
- very good – mint: € 2.500 – € 4.000
- average – good: € 1.750 – € 2.500
- poor – fair: € 1.000 – € 1.750
Valjoux 72 chronograph, cushion case (Gerhard Mitter)
- very good – mint: € 3.000 – € 4.500
- average – good: € 2.000 – € 3.000
- poor – fair: € unknown – € 2.000
Valjoux 23 chronograph (Big Eye (not the yacht dial version), Lausanne)
- very good – mint: € 3.000 – € 4.000
- average – good: € 2.000 – € 3.000
- poor – fair: € unknown – € 2.000
Grapho-Matic
- very good – mint: € 2.000 – € 3.000
- average – good: € 1.500 – € 2.000
- poor – fair: € 1.000 – € 1.500
Mantagraph
- very good – mint: € 1.250 – € 1.750
- average – good: € 1.000 – € 1.250
- poor – fair: € 750 – €1.000
The Supercompressors 40+ mm
Sherpa Ultradive and OPS
- very good – mint: € 5.000 – € 7.000
- average – good: € 3.000 – € 5.000
- poor – fair: € 2.000 – € 3.000
Sherpa Super-Dive MkI and II
- very good – mint: € 3.000 – € 4.000
- average – good: € 1.500 – € 3.000
- poor – fair: € 1.000 – € 1.500
Super-Jet Mk I and II
- very good – mint: € 3.000 – € 4.500
- average – good: € 1.750 – € 3.000
- poor – fair: € 1.200 – € 1.750
Sherpa Super-Dive MkIII, Super-Jet Mk III (cushion case)
- very good – mint: € 2.500 – € 3.500
- average – good: € 2.000 – € 2.500
- poor – fair: € 1.500 – € 2.000
Sherpa Dive (red pointer ring)
- very good – mint: € 2.000 – € 3.000
- average – good: € 1.500 – € 2.000
- poor – fair: € 1.000 – € 1.500
Sherpa Dive (pre-1958 version)
- very good – mint: € 2.500 – € 3.500
- average – good: € 2.000 – € 2.500
- poor – fair: € 1.000 – € 2.000
Sherpa Guide (42 mm, long lugs case and cushion case)
- very good – mint: € 2.000 – € 3.000
- average – good: € 1.000 – € 2.000
- poor – fair: € 700 – € 1.000
The Supercompressors 36 mm
Sherpa Super-Divette and Jet (Jet is approx. 20% more expensive)
- very good – mint: € 2.000 – € 3.250
- average – good: € 1.250 – € 2.000
- poor – fair: € 1.000 – € 1.250
Sherpa Divette
- very good – mint: € 1.500 – € 2.250
- average – good: € 1.000 – € 1.500
- poor – fair: € 750 – € 1.000
Sherpa GMT and World Time
- very good – mint: € 2.000 – € 2.500
- average – good: € 1.500 – € 2.000
- poor – fair: € 750 – € 1.500
The other Sherpas and collector’s pieces
Sherpa Star Diver
- very good – mint: € 2.000 – € 2.750
- average – good: € 1.250 – € 2.000
- poor – fair: € 1.000 – € 1.250
Sherpa Star (37 mm)
- very good – mint: € 300 – € 600
- average – good: € 200 – € 300
- poor – fair: € 75 – € 200
Sherpa Memostar
- very good – mint: € 1.750 – € 2.500
- average – good: € 1.250 – € 1.750
- poor – fair: € 750 – € 1.250
Sherpa Seapearl 600 (turtle lugs), Healthways
- very good – mint: € 1.500 – € 2.000
- average – good: € 1.000 – € 1.500
- poor – fair: € 700 – € 1.000
‘Regular’ Sherpa (Date, Day-Date)
- very good – mint: € 500 – € 750
- average – good: € 300 – € 500
- poor – fair: € 150 – € 300
Sherpa Electric
- very good – mint: € 750 – € 1.000
- average – good: € 500 – € 750
- poor – fair: € 250 – € 500
DISCLAIMER: All photos used are from my personal archive or public sources. I don’t want to valuate a specific watch that is not mine. Also, my estimates are not official watch dealer prices, no guaranteed sale gainings and no official asking prices. This Watch Value Barometer is nothing more than my own personal opinion of the current (December 2021) market value of the Enicar watches mentioned.
