nafetS
2000
Yes, I think that model could be a good one for some brands.
Aug 19, 2019,05:37 AM
Selling used watches with a "new" warranty from the Brand itself could Open up new opportunities for the Brands.
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You have the answer here, in this website of ours. Many people pay interest to Patek and Rolex, but not only. No, my friend, there is a life outside Patek and Rolex.
By: amanico : August 19th, 2019-04:58
And there are watch enthusiasts who pay a lot of interest to other brands, such as JLC, AP, Breguet, Blancpain, and so on. One example? The vintage Fifty Fathoms are pretty sought after. Another example? The JLC Deep Sea Alarm, Geophysic, Polaris, Reverso...
True [nt]
By: nafetS : August 20th, 2019-00:27
I agree. Which makes discussions of "value" difficult. .
By: als1678 : August 19th, 2019-06:40
To your original point - one huge factor is clearly the enormous increase in production and the resulting accumulation and oversupply in both primary and secondary markets. Think of how many Panerais are out there VS 10 years ago. Unless one follows fashi...
+1 [nt]
By: Pour le Mérite : August 19th, 2019-07:16
Interesting perspective. Thank you.
By: nafetS : August 20th, 2019-00:31
Raises the question for me: how has the importance of value Retention developed over the years and decades? Was it Always important? Did It gain importance through all the price increases in the early 2010s?
Well said
By: Jurry : August 19th, 2019-05:21
Couldn’t agree more. Thee is a huge difference between having interest in a certain watch, buy it and enjoy it, versus ownership and trading with the aim to make a profit. The other factor that springs to mind is the fact that nowadays the online trading ...
+++1 [nt]
By: agyzace : August 19th, 2019-07:24
You have a very valid point.
By: jlux : August 19th, 2019-05:27
In fact, I have seen the same happening in the secondary market. Besides a very few over hyped brands and models ( you named them), the market has become very slow and some dealers shy away from putting other stuff into their stock. Some very well respect...
Is it really a price to value Problem?
By: nafetS : August 20th, 2019-00:40
A lot of people I know would say that the value/price Relation at MSRP of a JLC is a lot better, than of PP. The currently perceived value of PP has less to do with the real value of the watch and more with the market craze around PP creating ever more de...
I think there is a phobia right now among watch enthusiast...
By: kennygfunk : August 19th, 2019-08:27
They’re scared to spend their hard earned money on watches with poor resale value. So now, they are less adventurous buyers. Fear is a factor, but I think some brands need to re-evaluate their pricing to reflect the market. The only way that I see things ...
But will they be sucessfull with it?
By: nafetS : August 20th, 2019-00:45
When it comes to pure luxury items, the bang for the Buck looses some importance. Some brands might even loose customers, If they'd become "too easy to afford"
Many independent brands
By: sham1 : August 19th, 2019-11:36
would not attract interest from second hand dealers but this is an area with growing interest especially on this forum. Thanks to these smaller brands, watch collecting has seldom been more fun!
I agree as Well.
By: nafetS : August 20th, 2019-00:47
The Independent brands are currently the Most interesting ones, even though one could argue that some are already in the boarder to become a big Brand (e.g. FP Journe)
True!
By: 中野れい : August 20th, 2019-01:07
Have to see other beautiful watches other than Nautilus, Aquanaut, GMT/Sub/Daytona
Thanks Nicolas
By: 中野れい : August 20th, 2019-01:48
I am currently not shopping for any watches but who knows? )
Now more than ever!
By: Echi : August 19th, 2019-22:09
First of all, even without this perceived bubble, nobody cared about watches in my immediate vicinity anyway. Even when I go to swanky places, while I do see nice watches on people, it is very rare that I see secret handshake type watches. For Rolex, hard...
This is true
By: watch-er : August 20th, 2019-05:40
and has really softened the retained value in so many names. It is very hard to sell a watch without a great internet sales history. Regrettably, nice as they may be, most watches, especially PM dress watches are not selling on the used market. Dealers do...
I'd agree with this....
By: pejp : August 20th, 2019-09:39
Of course it's always been this way to an extent, but the market seems so trend driven now. I just don't understand why the FPJ CB, the 5711, and the gaudy stuff that Rolex are producing these days are attracting the prices they are. Obviously I get the s...
Still fun! No Rolex or Patek in my collection.
By: jmpTT : August 20th, 2019-10:03
I now purchase all my watches secondhand. Typically 40-60% of MSRP. If I decide to sell, maybe I lose 20%. If I’m worried, I don’t buy. I will not retreat to safer brands. I’m thankful for the people who follow their tastes and take risks on brands like R...
It's all about passion.
By: VMM : August 27th, 2019-04:02
I think if you really like watches, of course it is still fun, why wouldn't it be? Now, if you like to buy and sell, trade, flip, or whatever you wanna call it, it's true that there are just a few watches that could be really interesting and profitable as...
+1
By: MTR : August 27th, 2019-08:04
Couldn’t agree more, Tony! Thanks for your comment, Thomas