als1678
1126
I doubt it is insider trading.
Jul 12, 2019,08:03 AM
It is disturbing but this is what happens with any product sold online with predictable demand and limited supply. It has been going on for years with sneakers, bags, bourbon,... Watch retail is years behind but we will see more and more of that happening in the future.
Also the effect you observed is not so different from what happens when every watch dealer tries to be on as many steel Rolex wait lists as possible ...
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Hypothetical question.
By: Bounce781 : July 12th, 2019-07:38
If a watch is released in a limited edition of 250 pieces by a well known watch blog, and is apparently sold out “in minutes” to a group of “dedicated collectors”, but 10 of them are immediately available on eBay with a 50% markup on as BNIB, my question ...
I doubt it is insider trading.
By: als1678 : July 12th, 2019-08:03
It is disturbing but this is what happens with any product sold online with predictable demand and limited supply. It has been going on for years with sneakers, bags, bourbon,... Watch retail is years behind but we will see more and more of that happening...
😉 [nt]
By: TheMadDruid : July 12th, 2019-12:02
I’d guess it’s just opportunistic people
By: jmpTT : July 12th, 2019-08:29
A few people in my collectors circles are ordering these HODINKEE watches with a “maybe I’ll keep it, probably I’ll sell it” attitude. I’m in Canada, so I’m sure flipping is even more rampant in the US where customs issues are less likely to eat into flip...
I don't think this is true...
By: christianch : July 13th, 2019-04:07
and is for sure not limited to Hodinkee. Is just a supply and demand reality.
Amen! ;-) [nt]
By: piccolochimico (aka dsgalaxy1) : July 15th, 2019-05:15
If it leaves a bad taste in your mouth, walk away
By: LS : July 12th, 2019-08:46
No offense meant if you truly like this watch, but to me this is a total derivative 'also-ran' watch. It looks just like a seamaster 300, a tudor bb, or a blancpain ff. Basically an attempt to cash in on the 'in' style, which just so happens to be promote...
Exactly!
By: India Whiskey Charlie : July 12th, 2019-10:43
Well said, Nico.
This! ^^^^^
By: reintitan : July 12th, 2019-16:32
They must be doing something right as the Brands wouldn't be creating collab watches with them if they didn't sell. They obviously can create designs that buyers want (both passionate ones and flippers). I bought 3 of these Hodinkee x Manufacture watches:...
Good perspective
By: andyhud : July 13th, 2019-07:18
I have also been a buyer of the H limited editions, including the 10th Anniversary Speedmaster. I bought it with the "maybe I'll keep it, maybe I'll sell it" mentality. I ultimately didn't love it, tried to flip it, and didn't get much interest on C24 whe...
A very good point, amanico!
By: Bounce781 : July 12th, 2019-23:04
Hodinkee is a good example of a company creating a "perfect storm" of creating the product, marketing the product, generating interest within a committed collecting community and then selling it. I guess most watch companies do not have a screen of "edito...
Not their in-house staff; it’s the friends pre-sale
By: Joepny : July 12th, 2019-09:03
Hodnkee has done a pre-sale setup where friends of Clymer & co get to reserve/purchase the LE watch before the general public. The general public release is likely never the full lot of units available. I would guess more than a few friends are dealers an...
Conversations with people in the inner circle
By: cazalea : July 12th, 2019-14:10
Look, as PuristSPro (this site a few years ago) there were moderators who were offered "test drives" of expensive watches. Most of those were returned; some were not. Hence we had to come up with a policy that nothing could be accepted without disclosure ...
Thanks, Cazalea!
By: Bounce781 : July 12th, 2019-23:07
That broadly confirms my suspicions and thoughts on this issue. It is a muddy world, and the separation of Editorial and Advertising is disappearing. Not a good direction.
VC
By: Lenrock : July 12th, 2019-23:31
Exactly. I wanted to buy from them the VC and I put it in bascket in the first 30 sec but I didn't receive the confirmation of the order. I wrote them about it and no answer. From that point I dont like them. Lenrock
Speedy Tuesdays are a good example...
By: FlyingSnoopy : July 12th, 2019-12:30
They are sold out within minutes and Omega do not flip them... Flippers exist, Rolex Pepsi is a good example... a lot of people buy them just to sell them the next day.. Some people buy watches for enjoyment, others try to make a profit... Cheer ps. And a...
Interesting Post
By: Teacher Yang : July 13th, 2019-00:56
Like to read such stuff. Difficult to leave here because of straightforward members like you. Thanks Bounce781
Thank you, Teacher Yang; but you give me too much credit.
By: Bounce781 : July 13th, 2019-02:21
I was merely musing aloud and the rest were frank responses from members. But you are correct. we have great members here who express opinions freely - which is why THIS is the only forum I come to. HAGWE!
I disagree....all watch companies are in for the money
By: christianch : July 13th, 2019-04:05
I did buy some Hodinkee LE in the past (also the second on the Zenith that was truly limited and lately the IWC) and the whole argument that they would be not passionate because they make money on it is a bit absurd. Isn't Rolex in for the money with the ...
Why do you say that...
By: FlyingSnoopy : July 13th, 2019-12:41
great IWC was not a hit? It was sold out almost immediately and there is still a demand for it... Cheers
NT
By: Mostel : July 14th, 2019-13:55
NT