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Bvlgari
Octo Finissimo Middle East Edition Ref. 103023

This asset is available for trading in the app.
App Store
Play Store
Drop Date
16.05.2024
Drop price
17,500.00 €
Market value
+12.29%
|
19,650.00 €
Expected Holding Period
2 - 5 years
Fraction price
50.00 €
Total fractions
350
1.

Strong historical performance: According to the KFLI index, watches have risen in value by +138% in the last 10 years.

2.

Very rare: Only 100 examples of the Ref. 103023 were ever produced, making the watch a true collector's item for enthusiasts.

3.

Perfect condition: This titanium watch with Arabic numerals in British Racing Green comes in its original condition with box and papers.

4.

Icon: The watch case inspired by Gerald Genta makes the watch an icon of contemporary design.

5.

True craftsmanship: With a 5.2 mm thick titanium case, the watch is one of the thinnest and lightest automatic watches in the world.

General information
  • Reference no.
    103023
  • Year
    2022
  • Condition
    Very good
  • Box & papers
    With box and papers
  • Movement
    Automatic
  • Case material
    Titanium
  • Diameter (in mm)
    40
  • Crystal
    Sapphire crystal
  • Dial colour
    Grey
  • Bracelet material
    Titanium
  • Clasp
    Double-fold clasp
  • Complications
    Small second
  • Power reserve (in h)
    60
  • Water resistance (in ATM)
    10
  • Gender
    Men's
  • Limitation
    100
Seller and property details
  • Storage conditions
    Professional storage
  • Insurance
    Insured
  • Location of storage
    Germany
  • Seller
    Commercial
  • Location of the seller
    Germany

Documents

Asset Highlights

FAQ

You got questions? We have the answers.

Timeless, a brand of New Horizon GmbH based in Berlin, is dedicated to the mission of becoming the European market leader in rare collectibles investments and making investments in collectibles accessible, affordable and tradable. One of the first companies in the world to do so, Timeless enables everyone to invest in collectibles and participate in their performance through the use of blockchain technology.

With its revolutionary business model, Timeless is democratizing the collectibles asset class and making the market of rare collectibles - including watches, art, vehicles, sneakers, wine, trading cards and memorabilia - accessible to all. To do this, Timeless uses blockchain technology, which documents digital transactions in a reliable, traceable and secure manner.

In addition, the company takes care of custody, insurance and maintenance until the assets are resold. The purchase of shares is secure, convenient and digital via the Timeless app.

Company

New Horizon GmbH

Brand

Timeless

Year of foundation

2018

Location

Berlin, Deutschland

Branch

Trade of Goods

Team

45 Employees

Website

www.timeless.investments

Investors

EQT Ventures, C3 EOS VC,

Porsche Ventures, LA ROCA Capital

Sourcing

Timeless uses data-driven processes and a network of experts to identify unique collectibles with high appreciation potential around the world, which are then verified and acquired.

Management

Timeless then takes care of the optimal storage, insurance and maintenance of the collectibles until they are resold.

Tokenization

The Collectibles are divided into shares and offered for purchase via the Timeless app.

Trading

Investors can offer their own shares for sale, purchase shares and finally trade with other investors.

Sell

After a holding period, which typically varies by asset class (12 - 96 months, depending on market conditions), Timeless resells the collectibles, and shareholders are paid according to their shareholdings. However, in exceptional cases, if we have an attractive purchase offer, we may opportunistically sell Collectibles below a 12-month holding period.

After the purchase of the shares, the Collectibles belong to the shareholders according to the fraction they have purchased. In addition, Timeless is entrusted by the investors with the management of the collectibles until the time of the sale of the collectible. This fractional ownership model eliminates issuer risk and the Collectibles are owned directly by the investors.

Timeless itself holds shares in each asset (up to 5%), so we are a co-owner and have the same goal as you.

Timeless initially acquires the Collectible for its own account. After the fraction purchase, each fraction owner owns it directly at the fractional interest he or she acquired in it. That is, the fraction is contractually signed over to the purchaser and Timeless is charged with the custody, maintenance, and resale of the fraction. Thus, the fractions are no longer part of Timeless' assets and remain unaffected in the event of a possible insolvency. Details can be found in the master agreement, which can be viewed prior to purchase.

By the way, we've been around since 2018, we're a German GmbH based in Berlin, and Porsche Ventures, EQT Ventures and C3 EOS VC (the world's largest blockchain fund) are amongst our investors. Should we run out of funds the units of all users who have invested with us are protected in any case, as the units are transferred to the buyer.

Timeless undergoes an annual audit by an independent auditing firm. This comprehensive audit includes an accompanied inventory, during which the entire inventory of collectibles is checked for their existence. This ensures that the Collectibles are actually owned by Timeless. Proof of this can be requested from us.

Historical developments, data and returns generated in the past are not reliable indicators of future developments and may deviate from them. For more information, please see our FAQs.