A.Cairelli military re-issue

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A.Cairelli military re-issue

Post by koimaster » October 16th 2016, 6:41am

While seasoned military watch enthusiasts might reel at describing the CP-2 as “rarely-recalled”, the reasons for this categorisation are quite specific. For one thing, it was – in A. Cairelli-signed form – issued to the Italian forces, so its fame and its original fan base are, or were, restricted to solely Italy. For a second, only 2,500 were produced, with one estimate suggesting that 2000 were issued to the military and 500 sold to the public. Another source has suggested 50/50.

According to Zenith’s official history, it was confirmed that: “The Italian army ordered more than it distributed, so a rather large number of them are on the market, within the limit of the 2,500 pieces that were made. Those with the military markings are in the most demand.”
Although the CP-2 instantly seduces both chronograph and military watch enthusiasts, its rarity has mitigated against it being as well-known in collector circles as the IWC “Mk” models, the Rolex Submariners made for the Royal Navy, the Omegas made for the British services or, most pointedly, the original military-issue Panerais. Even so, the A. Cairelli Zenith has always been hugely desirable to those in the know.
When I was offered one in the late-1990s, the price then was £1,200. While that is only £2,700 in today’s money, it’s not far off what you could have paid for one maybe five years ago. As recently as December of last year, however, Antiquorum offered one with a US $3,000-5,000 estimate. It sold for $11,875 with premium. But more anon about current values.

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