Watches - another OCD problem
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The Apple comparison seems spot on. Porsche is similar, with a slow evolution, yet still considered best of breed; limited supply of in demand models; and an equally fanatical owner base.
Luxury goods companies are very good at just under supplying the market with hot products. Sometimes this drives up demand, there's an argument at Pistonheads that Porsche did this with the 911R, and in doing so they may have boosted the numbers sold.
I suspect that for all of Hodinkee's hyperbole about Daytonas fetching $30,000 on the secondary market, most people who want one will get one in the next year or so. Rolex produce a million watches a year, and they'd be stupid to leave a pile of the money on the table in order to maintain a mystique about one model. They'll limit production enough to make them hard, but not to the extent of a seven year wait.
There will always be a group of people who can't wait and will pay a premium for the Latest and the Greatest. Just to be one of the first. This culture comes and goes but at the moment it's at a frenzied boiling point. GT3 RS making 100-150k over list price. 911r contracts selling for 250k plus. It's like musical chairs. When the market falls which it always does then people can take massive losses. The idea of Daytona making twice the list price is madness.
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I agree. Rolex isn't stupid, clearly. Holding down production to the point that people will accept several year waiting lists and pay double on the secondary market would be dumb. I'm sure they'll slowly ramp up the volume coming off the assembly line and capture as many of those buyers as possible, and the used market will be more in keeping with other models. A few people, the ones who always have to have things first, will pay demand bubble prices, but most will just wait.
Production speculation aside, it is the nicest looking Daytona I've seen in ages. Especially the white faces version (sorry, Graeme
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it's amazing how much demand can change in a few years. didn't have anything about a waitlist when i got my gmt2 3 years ago. but maybe it was only the ln model and not the blro or blnr model so perhaps demand for that wasn't so high..
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Anyone recommend the best place to sell a Omega watch? Is there specific sites or just eBay?
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Haven't sold there recently, but I always had pretty good luck with watchuseek.
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Continuing the Rolex love in, Monochrome have an article on the new Explorer. I like this piece a lot.
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Haven't sold there recently, but I always had pretty good luck with watchuseek.
nice thanks mate
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@Tempvs I've seen a couple of MB&F clocks in your collection, and I think that you've got a Silberstein too, so I suspect that you'll like their new collaboration. I do.
There's a write-up at aBlogToWatch.
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@Tempvs I've seen a couple of MB&F clocks in your collection, and I think that you've got a Silberstein too, so I suspect that you'll like their new collaboration. I do.
There's a write-up at aBlogToWatch.
Yes I have a Silberstein and I have I bit of a thing for the MB&F clocks. I love this new watch it's fantastic. MB&F is a great Brand. My favorite piece is The Robot Melchior.
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@Tempvs I've seen a couple of MB&F clocks in your collection, and I think that you've got a Silberstein too, so I suspect that you'll like their new collaboration. I do.
There's a write-up at aBlogToWatch.
Yes I have a Silberstein and I have I bit of a thing for the MB&F clocks. I love this new watch it's fantastic. MB&F is a great Brand. My favorite piece is The Robot Melchior.
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
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I saw the new Rolex Air-King in one of the local dealers. I think that it's a cooler watch than the new Daytona that Hodinkee were getting excited about the other day.
One thing that did strike me is that it's basically a Milgauss, but here in Oz it retails for around $2000 less. So why exactly would I want to buy the more expensive watch? I like the thunderbolt hand and green crystal, but they're not worth that much.
The two things that I'd wished Rolex had done differently would have been to lume the 3, 6, 9 numerals, and add the Paraflex shock absorber system. The new Explorer has both of these, but not the antimagnetic case design.
The watch has grown to 40 mm, much to @Anesthetist's disapproval, but I thought that it sat nicely on my wrist.
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I saw the new Rolex Air-King in one of the local dealers. I think that it's a cooler watch than the new Daytona that Hodinkee were getting excited about the other day.
One thing that did strike me is that it's basically a Milgauss, but here in Oz it retails for around $2000 less. So why exactly would I want to buy the more expensive watch? I like the thunderbolt hand and green crystal, but they're not worth that much.
The two things that I'd wished Rolex had done differently would have been to lume the 3, 6, 9 numerals, and add the Paraflex shock absorber system. The new Explorer has both of these, but not the antimagnetic case design.
The watch has grown to 40 mm, much to @Anesthetist's disapproval, but I thought that it sat nicely on my wrist.
For me I prefer the Explorer dial. This one has a bit to much going on. However this is the higher spec watch as it is anti-mag. Both are great watches and will serve very well for a life time of wear.
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At least they picked a better proportioned handset. It irked the heck out of me when they upsized the Explorer but left the 36mm hands. A 40mm watch looks good on my wrist but the 34mm watch is one of my all time favorites. It felt like the underdog of the sport line, but had a great heritage. I would buy the 40 Airking but want either the smaller Blackbay or IWX first.
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Given that the IWC Pilot 36mm is $4,000, the baby Black Bay is $2,500, and the Air-King is $6,200, you could just about get the IWC and Tudor for the price of the Rolex.
I like the Air-King because it's got colour on the dial, and it's not quite as straight-laced as a lot of other Rolexes.
That said, I was chatting to the guy in an Omega boutique today, and he said that an updated Rail Master with the antimagnetic movement is coming next year. It could be a really interesting piece.
