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03-31-2011 , 08:39 AM
Does any industry inflate their MSRP more than the watch industry?
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03-31-2011 , 11:58 AM
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Originally Posted by ISF
My current 7 watch lineup. Will add pics when I get back to the states.

Suit watches:
JLC Ultra-Thin
Panerai 283
Rolex Daytona SS white

Versatile but mostly casual watches
Rolex Seadweller
Breitling Chrono Cockpit two tone on leather
Omega Seamaster electric blue

Beater
Panerai 177 (wearing now on surf trip)

Next purchase
ROO safari
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03-31-2011 , 12:19 PM
Quote:
Originally Posted by ZackAttack
Does any industry inflate their MSRP more than the watch industry?
comm industries are really the only I can think off, but still no where near watches.
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03-31-2011 , 01:28 PM
Guitars are worse I think.
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03-31-2011 , 06:37 PM
Yeah, guitars (my other mistress) are definitely worse. I don't think think watches are that bad, tbh. If you ignore the outliers like Invicta, street prices are only around 20% below MSRP, if that. I don't really pay attention to MSRP; street price is what matters.
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03-31-2011 , 07:00 PM
Well, the draft doesn't seem to be getting off the ground and honestly I'm not sure we can get enough drafters so I'll give a German All stars in those styles we previously mentioned

1. dress

Nomos Zurich


2. Sport
Glashutte Original Sport Evolution


3. Diver
Sinn u1000 black EZM6


4. Chrono
GO panomatic counter XL (really wanted to put an ALS here but the 1815 is 35k + and the datograph is 100k+ )


5. Beater
damasko da47


6. Guilty Pleasure
Meistersinger no. 3
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03-31-2011 , 07:20 PM
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Originally Posted by Onetwobit

Best looking ROO imo, great watch !
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03-31-2011 , 07:32 PM
I'm in for the draft, but please, can it be after April 15th? I have no time to do my 'homework' for this.
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03-31-2011 , 07:36 PM

Hautlence HLQ04

Wow.
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03-31-2011 , 07:48 PM
haha, didn't think it would be so serious, just thought it would be a nice way to expose more people to different watches.
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04-01-2011 , 10:31 AM
04-01-2011 , 03:00 PM
Seiko Snow Monster??

http://cgi.ebay.com/ws/eBayISAPI.dll...K%3AMEWAX%3AIT

I don't think I am spending enough to buy 2 Sumos on one..but it looks good.
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04-01-2011 , 03:03 PM
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Originally Posted by JessterCPA
Seiko Snow Monster??

http://cgi.ebay.com/ws/eBayISAPI.dll...K%3AMEWAX%3AIT

I don't think I am spending enough to buy 2 Sumos on one..but it looks good.
Yeah, looks pretty ridiculous (price-wise, I mean). I had thought about a white monster before. Best bet is to find out if Yobokies can source a SZEN006 dial/rehaut and just drop those into an OM.
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04-01-2011 , 03:09 PM
What I don't get is why the mm300m is 4x the price of the sumo?

Is it worth the price difference?
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04-01-2011 , 03:14 PM
People pay it. It has a much higher-end (8L-series) movement, FWIW. It also has a monoblock case and nicer case/bracelet finishing. The clasp in particular is legendary.
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04-01-2011 , 03:28 PM
I can definitely see myself buy it at say $1.5k but at $2.2k,it seems a bit much especially since the mm300 is still hardlex and not sapphire and in that pricerange you can get a Seamaster professional.
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04-01-2011 , 04:13 PM
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Originally Posted by amoeba
I can definitely see myself buy it at say $1.5k but at $2.2k,it seems a bit much especially since the mm300 is still hardlex and not sapphire and in that pricerange you can get a Seamaster professional.
The yen's strength has really caused the price to jump a lot. I think they were going for $1500ish a couple of years ago.
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04-01-2011 , 06:00 PM
I know its been said here that watches are not an investment but would I be crazy in looking at a watch outside my price range on the basis it will hold its value and can be sold on in the future?

At the moment alot of people are struggling financially and the market for high end watches must be lower than it has been. This also leads to alot of motivated sellers who will be willing to accept a lower amount for their watches.

If I shopped around all the forums and ebay looking for a good condition used watch would it realistically hold its value for a few years? (minus the cost of service etc)

Just trying to jusify spending more than I should
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04-01-2011 , 06:12 PM
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Originally Posted by Onitsuka
would I be crazy in looking at a watch outside my price range on the basis it will hold its value and can be sold on in the future?
Yes.

Quote:
At the moment alot of people are struggling financially and the market for high end watches must be lower than it has been. This also leads to alot of motivated sellers who will be willing to accept a lower amount for their watches.
I think you're way overestimating the dip and any potential rebound.

FWIW, new watch MSRPs are skyrocketing.

Quote:
If I shopped around all the forums and ebay looking for a good condition used watch would it realistically hold its value for a few years? (minus the cost of service etc)
No. I mean, you might get lucky, but in general, not a chance.
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04-01-2011 , 06:20 PM
Ok, response as expected, just needed to hear it from someone before I talked myself into it

Still think I'll be purchasing second hand when I do come round to getting a new watch. I know alot of people on here do this fairly regulary, do the savings outweighed the risks on the whole or do you feel you need specific to knowledge to pick the right pieces and only do the right deals?
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04-01-2011 , 08:12 PM
really depends on how old and how well serviced. You have to look at it on a case by case basis.
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04-01-2011 , 10:41 PM
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Originally Posted by amoeba
ahaha I love the lines of blow on the ad

not a bad looking watch either and I dont like Pateks
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04-01-2011 , 11:22 PM
Quote:
Originally Posted by Onitsuka
I know its been said here that watches are not an investment but would I be crazy in looking at a watch outside my price range on the basis it will hold its value and can be sold on in the future?

At the moment alot of people are struggling financially and the market for high end watches must be lower than it has been. This also leads to alot of motivated sellers who will be willing to accept a lower amount for their watches.

If I shopped around all the forums and ebay looking for a good condition used watch would it realistically hold its value for a few years? (minus the cost of service etc)

Just trying to jusify spending more than I should
there is money to be made doing this in a shorter time frame if you know the market and are connected enough to move your inventory.. finding motivated sellers of desirable (read: liquid) second hand pieces and giving them aggressive prices is critical.. you are basically only looking at rolex (vintage preferred). you have to be savvy enough to know how to authenticate and verify provenance then have the network and reputation to move your inventory quickly..

finding a "cheap" watch to buy in this market is easy, brokering an exit from that acquistion is the very hard part.

if you're looking at employing a buy and hold (and pray) strategy, i suggest you look at other vehicles.

IMO the only real pieces which have any long term shot of appreciation are ones with a truly limited supply (not one of the 500 LEs that come out every year).. you're basically looking at vintage pieces from major houses in good condition with impeccable provenance. of course you have to overcome the transaction costs (buyers premium, insurance) and be in good enough standing when you finally decide to move the piece to attract qualified buyers.
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04-01-2011 , 11:54 PM
just got this chap, a '60s 36mm jlc memovox, been looking for a mint one for a while. It's gorgeous in person and has an alarm!!




now just need a Seiko bell matic 6071 as a beater:

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04-02-2011 , 01:15 AM
My best friend actually works for a super high-end jeweler (they pretty much just sell diamonds 250k+) and they had a booth at the Basel Fair and he said it was really f awesome. Realize this is sort of outside the general discussion of watches but figured I'd pass it along. Highlights: women are gorgeous. Food is really expensive ($48 chicken and veggies). Some rididculoud stands. I guess Cartier keeps their booth up year round just for this festival as do some other companies apparently. Some robberies, like a 12mm, 10mm and 600k robbery were the highlights I heard. That is all for tonight.
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