What is up with watch prices?

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matt.wu
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Re: What is up with watch prices?

Post by matt.wu » Thu Jun 08, 2023 5:25 pm

Brand vs. brand is always a subjective argument.

It's clarifying to establish criteria by which you're comparing, otherwise, it's apples vs. oranges around and around without end.

There are so many reasons you might value a particular watch. Sentimental, material composition, engineering, history, aesthetic, prestige, community, innovation, comfort, longevity, total cost of ownership, etc... pick one category, and then you might be able to compare objectively.

I've had expensive Patek, AP, and Lange watches; I've had independents like FP Journe, Nomos, and Louis Erard; I've had your mass-produced and bulletproof Rolex sport watches; and I've had my fair share of microbrands, especially Halios. I've liked them all (some more than others, naturally)

Comparing Rolex vs. Halios is a legitimate question, but there isn't a clear cut answer either. My 116600 Sea-Dweller is a keeper because it's the perfect Rolex for me - purpose-made sport watch, relatively niche w/ short production, bit larger watch within the catalog, and a stellar movement. But I bought the Halios b/c I think Jason and Rob are both great friends who I've known for years, the watch is creative and unique, the price point is quite affordable, and the quality for the price is pretty fantastic.

Having owned a bunch of Rolex and a bunch of Halios, it'd be silly to say the Halios was a better made watch than the Rolex - it's not. But it'd also be silly to say that Rolex is a great deal - it's not! It's certainly possible for them to both be good watches simultaneously :).

As to whether I would still buy Rolex if it wasn't appreciating from MSRP? Absolutely - I bought them more often when that was the case. As they have gotten more desirable, I have actually wanted them less.

I think the independent market is in for a shock. Small production numbers have insulated them a bit from the deflation that Patek, AP, and Rolex have seen lately, but before independents were pumped up by influencers, they were a really hard sell, especially on the secondary market. I'm convinced most buyers are in it for the appreciation and everyone is waiting until the peak of the bubble before trying to get out. I bought an FPJ Chronometre Bleu when it was just over 10k, and I thought it was an overpriced watch even at that. :shrug:
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Re: What is up with watch prices?

Post by blkgsl » Thu Jun 08, 2023 10:20 pm

matt.wu wrote:Brand vs. brand is always a subjective argument.

It's clarifying to establish criteria by which you're comparing, otherwise, it's apples vs. oranges around and around without end.

There are so many reasons you might value a particular watch. Sentimental, material composition, engineering, history, aesthetic, prestige, community, innovation, comfort, longevity, total cost of ownership, etc... pick one category, and then you might be able to compare objectively.

I've had expensive Patek, AP, and Lange watches; I've had independents like FP Journe, Nomos, and Louis Erard; I've had your mass-produced and bulletproof Rolex sport watches; and I've had my fair share of microbrands, especially Halios. I've liked them all (some more than others, naturally)

Comparing Rolex vs. Halios is a legitimate question, but there isn't a clear cut answer either. My 116600 Sea-Dweller is a keeper because it's the perfect Rolex for me - purpose-made sport watch, relatively niche w/ short production, bit larger watch within the catalog, and a stellar movement. But I bought the Halios b/c I think Jason and Rob are both great friends who I've known for years, the watch is creative and unique, the price point is quite affordable, and the quality for the price is pretty fantastic.

Having owned a bunch of Rolex and a bunch of Halios, it'd be silly to say the Halios was a better made watch than the Rolex - it's not. But it'd also be silly to say that Rolex is a great deal - it's not! It's certainly possible for them to both be good watches simultaneously :).

As to whether I would still buy Rolex if it wasn't appreciating from MSRP? Absolutely - I bought them more often when that was the case. As they have gotten more desirable, I have actually wanted them less.

I think the independent market is in for a shock. Small production numbers have insulated them a bit from the deflation that Patek, AP, and Rolex have seen lately, but before independents were pumped up by influencers, they were a really hard sell, especially on the secondary market. I'm convinced most buyers are in it for the appreciation and everyone is waiting until the peak of the bubble before trying to get out. I bought an FPJ Chronometre Bleu when it was just over 10k, and I thought it was an overpriced watch even at that. :shrug:
Agreed with all of this.

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Re: What is up with watch prices?

Post by Ryeguy » Fri Jun 09, 2023 4:25 am

I skimmed the article, but I think it raised some valid points.

First, the Apple Watch has punched a hole in the premium watch market in my opinion. The mid level executive who years ago would have rewarded themselves with an Omega is now probably wearing a smart watch.

Plus, for the outdoors / adventure type who would’ve gone for a dive or field style watch previously are now wearing a Garmin or similar smart watch. We seem to be more interested in counting our steps than water resistance ratings.

Bottom line is watches need to become more like diamond earrings for women. Something they buy to make a subtle statement about affluence.

I think the ‘Dink statement about moving from “premium to luxury” is on point. Premium is a high quality timepiece (think Grand Seiko), but it isn’t really making a statement (at least not so much here in the USA). Rolex got this years ago. Other brands are just following suit.

I’m most curious to see what happens to the entry level Swiss brands such as Mido, Longines, Certina, etc. I don’t see them making the jump from “premium to luxury” very easily, and they don’t make the statement they used to in this world of smart watches.

I think Doxa’s new management is learning this lesson now. They raised prices and opened up significant AD distribution only to now find their product on the discount rack of the grey market.

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Re: What is up with watch prices?

Post by Ryeguy » Fri Jun 09, 2023 4:47 am

Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.

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What is up with watch prices?

Post by matt.wu » Fri Jun 09, 2023 7:55 am

Ryeguy wrote:Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.
Yup. Love that. In general - the no-man’s-land of not quite the most desirable and not quite the most affordable is a tough lane to manage if you’re selling something that is purely for fun. If it’s cars, it’s one thing - people of all means need a car (at least in the US). But for toys like watches? It’s usually either end of the spectrum where you’ll find demand.
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Re: What is up with watch prices?

Post by JP Chestnut » Fri Jun 09, 2023 9:04 am

matt.wu wrote:
Fri Jun 09, 2023 7:55 am
Ryeguy wrote:Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.
Yup. Love that. In general - the no-man’s-land of not quite the most desirable and not quite the most affordable is a tough lane to manage if you’re selling something that is purely for fun. If it’s cars, it’s one thing - people of all means need a car (at least in the US). But for toys like watches? It’s usually either end of the spectrum where you’ll find demand.
It's true. The barrier for entry into a decent watch is so high now. A basic Sinn is $1,500, which is cheap compared to a Rolex but objectively still a lot of money. I don't know how much an Apple Watch costs, but even if you don't care about the functionality, it's a pretty cool looking watch that's easily customizable with different straps so it's a pretty compelling alternative to a cheap mechanical.

I miss the days when a Sinn was $800, an Omega $2500, and a Rolex was $4000. That seemed like a fairly efficient distribution of prices. There was a nice watch for just about every middle class or higher budget. Of course, Nomos is still really cool, and a decent value, but every time I think about buying one, I wish they would tone down the lug lengths.

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Re: What is up with watch prices?

Post by Wario406 » Fri Jun 09, 2023 10:26 am

Ryeguy wrote:Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.
I think your categorization is very logical and help identify why companies like Monta are such a tough sell and depreciate so hard and quick. I’d put them in Category 3 and that and Premium are tough markets.
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Re: What is up with watch prices?

Post by kfalk » Fri Jun 09, 2023 10:58 am

I couldn’t resist

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Re: What is up with watch prices?

Post by Joeprez » Fri Jun 09, 2023 2:04 pm

JP Chestnut wrote:
Fri Jun 09, 2023 9:04 am
matt.wu wrote:
Fri Jun 09, 2023 7:55 am
Ryeguy wrote:Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.
Yup. Love that. In general - the no-man’s-land of not quite the most desirable and not quite the most affordable is a tough lane to manage if you’re selling something that is purely for fun. If it’s cars, it’s one thing - people of all means need a car (at least in the US). But for toys like watches? It’s usually either end of the spectrum where you’ll find demand.
It's true. The barrier for entry into a decent watch is so high now. A basic Sinn is $1,500, which is cheap compared to a Rolex but objectively still a lot of money. I don't know how much an Apple Watch costs, but even if you don't care about the functionality, it's a pretty cool looking watch that's easily customizable with different straps so it's a pretty compelling alternative to a cheap mechanical.

I miss the days when a Sinn was $800, an Omega $2500, and a Rolex was $4000. That seemed like a fairly efficient distribution of prices. There was a nice watch for just about every middle class or higher budget. Of course, Nomos is still really cool, and a decent value, but every time I think about buying one, I wish they would tone down the lug lengths.
The "nice entry level" watches now, excluding micro brands and Seiko, are Hamilton and Longines. Oris and Tag too, although I believe those are a tad more expensive.
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Omega / Tudor / Rolex / Sinn / Doxa / Seiko

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Re: What is up with watch prices?

Post by Ryeguy » Fri Jun 09, 2023 3:09 pm

JP Chestnut wrote:
Fri Jun 09, 2023 9:04 am
matt.wu wrote:
Fri Jun 09, 2023 7:55 am
Ryeguy wrote:Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.
Yup. Love that. In general - the no-man’s-land of not quite the most desirable and not quite the most affordable is a tough lane to manage if you’re selling something that is purely for fun. If it’s cars, it’s one thing - people of all means need a car (at least in the US). But for toys like watches? It’s usually either end of the spectrum where you’ll find demand.
It's true. The barrier for entry into a decent watch is so high now. A basic Sinn is $1,500, which is cheap compared to a Rolex but objectively still a lot of money. I don't know how much an Apple Watch costs, but even if you don't care about the functionality, it's a pretty cool looking watch that's easily customizable with different straps so it's a pretty compelling alternative to a cheap mechanical.

I miss the days when a Sinn was $800, an Omega $2500, and a Rolex was $4000. That seemed like a fairly efficient distribution of prices. There was a nice watch for just about every middle class or higher budget. Of course, Nomos is still really cool, and a decent value, but every time I think about buying one, I wish they would tone down the lug lengths.
I was curious about the cost of the latest and greatest Apple Watch myself, and the top of the line Ti model looks to be $799 on a cool looking strap.

Joe just mentioned Oris and Hamilton as “nice entry level” watches (which I agree with), but why would someone spend $2k on an Oris Aquis (for example) when they could spend less than half that on the Apple Watch?

The Apple Watch will probably be at least as good a conversation starter as the Oris if you are looking to use the accessory to gain attention. There is no doubt the Apple Watch offers way more functionality.

My thought is the Oris buyer is either a parent / grandparent getting a graduation gift (and this is probably the relative whom you have to help with their PC all the time) or a watch enthusiast.

The challenge for Oris (et al.) is both those markets are shrinking. They need to figure out how to gain relevance outside the enthusiast market.

It reminds me of an interview I saw with the maker of the “warriors wanted” advertising series the Army did a while back. While I thought it was a very well done advertising campaign, the maker said it was a failure. The reason it was a failure was the folks that the campaign spoke to were likely already interested in joining the military. It didn’t generate additional recruits.

The goal needs to be expanding the market without alienating the core (i.e. exactly what Bud Light didn’t do).

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Re: What is up with watch prices?

Post by blkgsl » Fri Jun 09, 2023 3:32 pm

Ryeguy wrote:
Fri Jun 09, 2023 3:09 pm
JP Chestnut wrote:
Fri Jun 09, 2023 9:04 am
matt.wu wrote:
Fri Jun 09, 2023 7:55 am
Ryeguy wrote:Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.
Yup. Love that. In general - the no-man’s-land of not quite the most desirable and not quite the most affordable is a tough lane to manage if you’re selling something that is purely for fun. If it’s cars, it’s one thing - people of all means need a car (at least in the US). But for toys like watches? It’s usually either end of the spectrum where you’ll find demand.
It's true. The barrier for entry into a decent watch is so high now. A basic Sinn is $1,500, which is cheap compared to a Rolex but objectively still a lot of money. I don't know how much an Apple Watch costs, but even if you don't care about the functionality, it's a pretty cool looking watch that's easily customizable with different straps so it's a pretty compelling alternative to a cheap mechanical.

I miss the days when a Sinn was $800, an Omega $2500, and a Rolex was $4000. That seemed like a fairly efficient distribution of prices. There was a nice watch for just about every middle class or higher budget. Of course, Nomos is still really cool, and a decent value, but every time I think about buying one, I wish they would tone down the lug lengths.
I was curious about the cost of the latest and greatest Apple Watch myself, and the top of the line Ti model looks to be $799 on a cool looking strap.

Joe just mentioned Oris and Hamilton as “nice entry level” watches (which I agree with), but why would someone spend $2k on an Oris Aquis (for example) when they could spend less than half that on the Apple Watch?

The Apple Watch will probably be at least as good a conversation starter as the Oris if you are looking to use the accessory to gain attention. There is no doubt the Apple Watch offers way more functionality.

My thought is the Oris buyer is either a parent / grandparent getting a graduation gift (and this is probably the relative whom you have to help with their PC all the time) or a watch enthusiast.

The challenge for Oris (et al.) is both those markets are shrinking. They need to figure out how to gain relevance outside the enthusiast market.

It reminds me of an interview I saw with the maker of the “warriors wanted” advertising series the Army did a while back. While I thought it was a very well done advertising campaign, the maker said it was a failure. The reason it was a failure was the folks that the campaign spoke to were likely already interested in joining the military. It didn’t generate additional recruits.

The goal needs to be expanding the market without alienating the core (i.e. exactly what Bud Light didn’t do).
This is exactly right. There is always room for Veblen goods, and innovation is generally deflationary (i.e. the natural state from progression of time is to get more for less). The middle zone is always the most at-risk, simply because the value proposition is tangible and it's a case of which company can innovate faster to deliver more for less. This is why we see Rolex, Omega, etc. move upmarket - because fundamentally they are more Veblen goods and can do better as such.

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Re: What is up with watch prices?

Post by Joeprez » Fri Jun 09, 2023 5:55 pm

Ryeguy wrote:
JP Chestnut wrote:
Fri Jun 09, 2023 9:04 am
matt.wu wrote:
Fri Jun 09, 2023 7:55 am
Ryeguy wrote:Just to add…

The more I think about it, I believe pretty much all watches fall into two categories: “practical” (i.e. quartz / smart watches) and “statement” (everything else).

In the “statement” category, I’d say there are four sub categories:
1) Luxury (focus on affluence/ success)
2) Premium (focus on quality)
3) Enthusiast Premium (niche high quality- only those who know, know kind of thing)
4) Enthusiast (absolutely everything else)

Of these four categories, I think “Premium” is most at risk.

For example, there are multiple niche brands that make very high quality watches, arguably more exclusive due to small production runs, etc., that cost less and have better “street cred” with fellow watch nerds than many “Premium” brands. An example might be a Tag Heuer Aquaracer versus a Sinn. I know which of those I’d buy.
Yup. Love that. In general - the no-man’s-land of not quite the most desirable and not quite the most affordable is a tough lane to manage if you’re selling something that is purely for fun. If it’s cars, it’s one thing - people of all means need a car (at least in the US). But for toys like watches? It’s usually either end of the spectrum where you’ll find demand.
It's true. The barrier for entry into a decent watch is so high now. A basic Sinn is $1,500, which is cheap compared to a Rolex but objectively still a lot of money. I don't know how much an Apple Watch costs, but even if you don't care about the functionality, it's a pretty cool looking watch that's easily customizable with different straps so it's a pretty compelling alternative to a cheap mechanical.

I miss the days when a Sinn was $800, an Omega $2500, and a Rolex was $4000. That seemed like a fairly efficient distribution of prices. There was a nice watch for just about every middle class or higher budget. Of course, Nomos is still really cool, and a decent value, but every time I think about buying one, I wish they would tone down the lug lengths.
I was curious about the cost of the latest and greatest Apple Watch myself, and the top of the line Ti model looks to be $799 on a cool looking strap.

Joe just mentioned Oris and Hamilton as “nice entry level” watches (which I agree with), but why would someone spend $2k on an Oris Aquis (for example) when they could spend less than half that on the Apple Watch?

The Apple Watch will probably be at least as good a conversation starter as the Oris if you are looking to use the accessory to gain attention. There is no doubt the Apple Watch offers way more functionality.

My thought is the Oris buyer is either a parent / grandparent getting a graduation gift (and this is probably the relative whom you have to help with their PC all the time) or a watch enthusiast.

The challenge for Oris (et al.) is both those markets are shrinking. They need to figure out how to gain relevance outside the enthusiast market.

It reminds me of an interview I saw with the maker of the “warriors wanted” advertising series the Army did a while back. While I thought it was a very well done advertising campaign, the maker said it was a failure. The reason it was a failure was the folks that the campaign spoke to were likely already interested in joining the military. It didn’t generate additional recruits.

The goal needs to be expanding the market without alienating the core (i.e. exactly what Bud Light didn’t do).
I also agree, they are nice entry level to someone that is or wants to get into our hobby, someone that wants a mechanical watch. But someone that just wants “a watch” will buy an Apple watch or a Garmin if he/she is big on fitness (like my boss).

The Apple watch (and Garmin and maybe Fitbit) basically decimated brands like Fossil and other mall watches. What is very interesting to me is that the Apple watch has position itself as a product bought by middle and upper classes (same as Jeeps up to a point). You will see a production worker wearing an Apple watch, same as the CEO (sure the CEO may have a couple pf Pateks at home).

I own an Apple watch, but I just use it when I’m exercising.


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Omega / Tudor / Rolex / Sinn / Doxa / Seiko

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Re: What is up with watch prices?

Post by Bob1035 » Sat Jun 10, 2023 2:05 am

Interesting discussion!

I agree the high end will never go away, nor will the low end. Former “nice” watches moving themselves into the high end is a good move for them, sucks for enthusiasts who cant spend $8k on what they see as a tool watch.

The newish “mid level” ($1500-4k maybe) is definitely at risk. Of what, I’m not entirely sure

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Re: What is up with watch prices?

Post by BramleyGreg » Sat Jun 10, 2023 4:07 am

Bob1035 wrote:
Sat Jun 10, 2023 2:05 am
Interesting discussion!

I agree the high end will never go away, nor will the low end. Former “nice” watches moving themselves into the high end is a good move for them, sucks for enthusiasts who cant spend $8k on what they see as a tool watch.

The newish “mid level” ($1500-4k maybe) is definitely at risk. Of what, I’m not entirely sure
Indeed.... and well put sir.

The 4k end holds a massive risk of losing money on your investment.

Even though I have never bought a watch expecting its monetary value to hold, the watches that resided in that 4k zone were pretty much always going to 'hold their own' to a huge extent. Paying 4k is enough... but when resale history always reassured you that you would get 3.5 to 4.5 k back... then the outlay was kind of part of the justification. Knowing that you had a piece that would pretty much give you your money back.. or maybe with a small hit / loss.

The brands in that zone now... I don't expect them to remain that value. These brands used to be maybe 1.5k.

I waas happy paying 1.5k for these because if they devalued to zero... then it didn't matter too much. I 'knew' the probable outcome of my investment.

NOW... 4k to invest on a dead duck is a LOT of wonga.


So the temptation will be to gravitate below this to the very lower priced market. There are LOTS of lovely watches that are down there still... and I would happily invest in that area.

I just invested 1.5k on a Mazzuoli Manometro over here in the UK... in a sale online. It's list price is 2.7. NEVER would I pay THAT for it. As much as I love the piece. I wanted one back on my wrist having flipped years ago... but 2.7k used to be a no date sub... not too many years ago. Sales will dictate my custom to these people.

Our hobby should be what a hobby is... FUN... and not a risky thing. Some of the lower end brands pushing their prices to 4k... they are having a laugh.


Crazy times.

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Re: What is up with watch prices?

Post by Baffo » Sat Jun 10, 2023 5:18 am

JP Chestnut wrote:
Fri Jun 09, 2023 9:04 am
Of course, Nomos is still really cool, and a decent value, but every time I think about buying one, I wish they would tone down the lug lengths.
The basic Nomos Club hand wound is IMO tied with a high accuracy quartz GS/Citizen for the best value for money the watch world offers today.
Excellent quality and great looks for sub $1000 used.

I also wish my Club had shorter lugs, but a nato resolves the gap issue without making the watch look clownish due to its thinness.

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BBK357
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Re: What is up with watch prices?

Post by BBK357 » Sun Jun 11, 2023 9:19 pm

kfalk wrote:I couldn’t resist

ImageImageImage
DEATH FROM ABOVE
:ak:

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93 Turbo
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Re: What is up with watch prices?

Post by 93 Turbo » Wed Jun 14, 2023 4:08 am

Saw a FPJ Ti listed at $90 something K in Sydney today, which I thought was a pretty good price (PM FPJ's are $200K Aus +). I remember RM's selling for around the mid $30K USD around 2009-2012.

Our $ is going into property ATM. There's a few watches I'd like to get, but reality is they will have to wait.

In the mean time I sit back, enjoy everyone's pieces here and watch the watch madness...
Strength is = 2 or > than "tipping over a so- called smart car plastered in “Coexist” bumper stickers".

Pat McNamara.

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JP Chestnut
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Re: What is up with watch prices?

Post by JP Chestnut » Wed Jun 14, 2023 7:10 am

93 Turbo wrote:
Wed Jun 14, 2023 4:08 am
Saw a FPJ Ti listed at $90 something K in Sydney today, which I thought was a pretty good price (PM FPJ's are $200K Aus +). I remember RM's selling for around the mid $30K USD around 2009-2012.

Our $ is going into property ATM. There's a few watches I'd like to get, but reality is they will have to wait.

In the mean time I sit back, enjoy everyone's pieces here and watch the watch madness...
If you still own, which I assume is a 1993 Porsche 911 turbo, that would buy a pretty nice house in the USA at the moment.

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93 Turbo
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Re: What is up with watch prices?

Post by 93 Turbo » Wed Jun 14, 2023 11:13 am

JP Chestnut wrote:
Wed Jun 14, 2023 7:10 am
93 Turbo wrote:
Wed Jun 14, 2023 4:08 am
Saw a FPJ Ti listed at $90 something K in Sydney today, which I thought was a pretty good price (PM FPJ's are $200K Aus +). I remember RM's selling for around the mid $30K USD around 2009-2012.

Our $ is going into property ATM. There's a few watches I'd like to get, but reality is they will have to wait.

In the mean time I sit back, enjoy everyone's pieces here and watch the watch madness...
If you still own, which I assume is a 1993 Porsche 911 turbo, that would buy a pretty nice house in the USA at the moment.
Ha! I wish... I still have a/the 1999 911 996-1 Carrera stick. For me it's a lot of car and my fun place.

My daily is a 11 year old Toyota Hilux ute/pickup with over 300K Kms. Just run in...
Strength is = 2 or > than "tipping over a so- called smart car plastered in “Coexist” bumper stickers".

Pat McNamara.

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JP Chestnut
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Re: What is up with watch prices?

Post by JP Chestnut » Wed Jun 14, 2023 11:36 am

93 Turbo wrote:
Wed Jun 14, 2023 11:13 am
JP Chestnut wrote:
Wed Jun 14, 2023 7:10 am
93 Turbo wrote:
Wed Jun 14, 2023 4:08 am
Saw a FPJ Ti listed at $90 something K in Sydney today, which I thought was a pretty good price (PM FPJ's are $200K Aus +). I remember RM's selling for around the mid $30K USD around 2009-2012.

Our $ is going into property ATM. There's a few watches I'd like to get, but reality is they will have to wait.

In the mean time I sit back, enjoy everyone's pieces here and watch the watch madness...
If you still own, which I assume is a 1993 Porsche 911 turbo, that would buy a pretty nice house in the USA at the moment.
Ha! I wish... I still have a/the 1999 911 996-1 Carrera stick. For me it's a lot of car and my fun place.

My daily is a 11 year old Toyota Hilux ute/pickup with over 300K Kms. Just run in...
I almost bought a 965 with the slant nose option. I passed because I’m responsible and $65k is a lot of money. That car would sell for a million now.

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toxicavenger
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Re: What is up with watch prices?

Post by toxicavenger » Wed Jun 14, 2023 3:56 pm

Most Rolex buyers can’t decide what shoe strings to wear. I can’t compete with that.

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JP Chestnut
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Re: What is up with watch prices?

Post by JP Chestnut » Wed Jun 14, 2023 4:09 pm

toxicavenger wrote:
Wed Jun 14, 2023 3:56 pm
Most Rolex buyers can’t decide which man purse to wear. I can’t compete with that.
FIFY

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blkgsl
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Re: What is up with watch prices?

Post by blkgsl » Thu Jun 15, 2023 8:24 am

toxicavenger wrote:
Wed Jun 14, 2023 3:56 pm
Most Rolex buyers can’t decide what shoe strings to wear. I can’t compete with that.
lmao

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TLgdeL
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Re: What is up with watch prices?

Post by TLgdeL » Thu Jun 15, 2023 8:54 am

blkgsl wrote:
Thu Jun 15, 2023 8:24 am
toxicavenger wrote:
Wed Jun 14, 2023 3:56 pm
Most Rolex buyers can’t decide what shoe strings to wear. I can’t compete with that.
lmao
I mean they shouldn't include other options in the box :shrug:
Image Image

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toxicavenger
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Re: What is up with watch prices?

Post by toxicavenger » Thu Jun 15, 2023 3:48 pm

TLgdeL wrote:
Thu Jun 15, 2023 8:54 am
blkgsl wrote:
Thu Jun 15, 2023 8:24 am
toxicavenger wrote:
Wed Jun 14, 2023 3:56 pm
Most Rolex buyers can’t decide what shoe strings to wear. I can’t compete with that.
lmao
I mean they shouldn't include other options in the box :shrug:
:roll: :roll:

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