WPS member · F.P. Journe forum
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mj23's reflection on the F.P. Journe Chronomètre Bleu (CB) offers a poignant look into how market dynamics can profoundly impact a collector's personal enjoyment of a cherished timepiece. His experience highlights a common dilemma for enthusiasts: balancing the intrinsic pleasure of ownership with the external pressures of escalating value and scarcity. This discussion explores the psychological shift that occurs when a watch transitions from a personal acquisition to a highly sought-after, high-value asset.
It was very easy to get this back in 2014 when I got mine. Now the waiting list is so long and price has gone up so much that it kinda ruined my enjoyment of this watch. I become more stressful when wearing this piece. Not that I will part with it, it’s just more of a psychological thing for me.
This message has been edited by amanico on 2020-08-08 08:04:39 Key Points from the Discussion
- Current market dynamics, where certain 'hot' models defy traditional valuation, can significantly alter a collector's enjoyment and their expected timeline for a piece within their collection.
- Despite the market's changes, maintaining a 'never-sell' perspective allows some collectors to separate the watch's intrinsic value and personal story from its fluctuating market price, preserving their enjoyment.
- A watch's purpose for a collector should be to be worn and enjoyed; if it becomes a 'safe queen,' its true value to the owner might diminish, prompting a reevaluation of its place in the collection.
- A positive feedback loop exists where a watch's secondary market value appreciation drives demand, and brands strategically maintain scarcity to keep the market hot, which can be a beneficial move for the brand.
- Sometimes, acquiring a highly desired watch that doesn't truly 'speak' to the collector, even if it's a compromise, can lead to regret, especially when its market value later skyrockets.
- The psychological stress of wearing a high-value watch, particularly concerning potential scratches or damage, can detract from the ownership experience, even for a favorite piece.
- Other collectors who acquired their F.P. Journe Chronomètre Bleu before the significant market surge also feel fortunate, finding calm and enjoyment in wearing their pieces despite the current 'bedlam' in pricing.
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