engraved or not?

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I see many gold watches on sale that have an engraving on the case - 25, 40 years service and so on with company name, labelled as a presentation watch.
My question is: Do you consider these a valuable point of interest in the history of the watch or more of an annoyance? Subquestion: If an annoyance would you consider getting engraving removed?
 
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They don’t bother me as you can’t see them when wearing a watch. I don’t view them as an advantage or a problem. All things constant, I suppose I’d rather have a clean case back. But I would not remove one.
 
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Removal would require some fairly intensive polishing, something which I assume most of us would dislike more than an engraving.
 
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I certainly prefer to purchase without inscriptions, infact thinking about it I've not yet owned one with. However if I did purchase a watch with the case back engraved, I would not be bothered about removing it.
 
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I think they are interesting. It is a terrible idea to try to buff them out because that really destroys value. Some have led to great back stories and provenance that actually increase the value.
 
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Depending on other case back markings, a skilled goldsmith would be able to fill the engraving and you would never know it had been there

Personally, unless it was significant, I wouldn’t buy one with an engraving.
 
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Don't bother me at all..I don't know if this increase or lower the value but I assume that the answer of this question is : Depends..who own it and who engraved it, history etc.