I can fully empathize

Aug 09, 2020,11:41 AM
 

Most of us got into this hobby/passion because we physically enjoyed these timepieces and understood that there are financial costs to this hobby. with time, we developed insight into what adds value (materials, finishing, R+D, brand pedigree etc) and what the relative prices ranges for entry mechanical, beater watch, sports, sport luxury and haute horologie are. Enter the current market dynamics and their effect on the dirth of entry pieces and how certain "hot" models do not follow the classical valuation model that we have come to expect, and that can really mess with one's psyche and how they enjoy a piece or how a piece follows its usual/expected timeline in one's collection. 


The CB is a beautiful timepiece, and one that I had pined over for years (and almost acquired) but a quick search of any reputable second hand dealer will show it priced higher than other FPJ's with more expensive materials, more complications and/or better finishing. So in the olden days, one might have enjoyed a CB for a few years and then traded it in for centrigraphe or a resonance, but with its second hand price skyrocketing every week...one would be hard pressed to do such a trade because you don't want to sell low (compared to whatever peak value the watch may achieve). IMHO, that negatively affects the watch collecting experience, because matters of the mind (value retention, ability to re-acquire the piece in the future) mess with matters of the heart (this passion of ours).

Not to mention the few people who acquire certain timepieces to achieve status, which is more of a phenomenon on IG than it is on this reputable forum.

Apologies for the ramble


More posts: ChronometreOctaResonanceSport

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How times have changed

 
 By: mj23 : August 8th, 2020-07:59
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 j...  

Why stressful sir?

 
 By: pongster : August 8th, 2020-08:04
Nice piece. Calming for me when i wear mine. Also lucky. Got mine in 2018. Just before bedlam happened.

Glad to know you got yours before the craze 👍

 
 By: mj23 : August 8th, 2020-10:27
Just the increased value makes it less comfortable for me to wear it psychologically

Dont think too much

 
 By: pongster : August 10th, 2020-07:32
Just wear and wear and enjoy

Yes. Totally agree

 
 By: mj23 : August 8th, 2020-10:28
I just become more sensitive when wearing it. 🙁

Just ignore the market value and enjoy. [nt]

 
 By: India Whiskey Charlie : August 8th, 2020-08:21

Yes

 
 By: mj23 : August 8th, 2020-10:29
That’s the right thing to do.

Well

 
 By: mj23 : August 8th, 2020-10:30
It’s hard to say. 😅

Haha. What a brilliant idea bro!😛

 
 By: mj23 : August 8th, 2020-10:31
Not gonna sell so the higher value is just on paper.

You'll be even more stressed wearing your avatar, won't you?

 
 By: cazalea : August 8th, 2020-08:39
I know I am Take a load off your mind and send me the FPJ instead of that Clueless guy, ok? Cazalea ...  

True

 
 By: mj23 : August 8th, 2020-10:34
I also feel a bit stressful wearing the VH Classic. 😅 not gonna deny that.

Thanks!

 
 By: mj23 : August 8th, 2020-23:22
You meant dial? 😅

It's interesting to see the market dynamics develop on watches that trade over list

 
 By: jleno : August 8th, 2020-08:47
There's a huge positive feedback loop. Once a watch gets to the point where you don't lost any money on secondary value, demand goes through the roof, driving prices higher. Normally, the logical thing to do would be to increase supply or prices until thi... 

Very good points

 
 By: mj23 : August 8th, 2020-10:36
That you mentioned. Can’t agree more.

Beautiful depiction of the blue dial

 
 By: igibliss : August 8th, 2020-08:59
In that photo. Wear and enjoy it it’s a fantastic piece!

I don't think he's selling it. [nt]

 
 By: India Whiskey Charlie : August 8th, 2020-09:10

👍👍 [nt]

 
 By: mj23 : August 8th, 2020-10:37

These watches are meant to be worn.

 
 By: ChristianDK : August 8th, 2020-11:25
I think it’s a sturdy piece. Just wear it and enjoy the luck you’ve had with it! I’ve always had a strained relationship with safe queens. I guess if you are a real collector it is of no real importance, if you wear a watch. However, for me, every watch h... 

I love wearing it

 
 By: mj23 : August 8th, 2020-17:45
And don’t plan to let it go. I am just more worried about scratching the watch when wearing it. It’s more of a psychological thing for me. Otherwise it’s one of my favorite pieces to wear.

I understand the dilemma.

 
 By: Journe1304 : August 8th, 2020-13:23
I got mine in 2015 and although they weren’t everywhere, I didn’t have to go on a waitlist. Since then, I’ve seen it turn into something completely different. But since it’s a never-sell piece for me, I’m able to keep the market situation quite separate f... 

Thanks for sharing your view.

 
 By: mj23 : August 8th, 2020-17:46
I think you have the right mind set. And I should think like that as well so I can enjoy mine more.

I got mine in 2014...

 
 By: pejp : August 8th, 2020-22:44
...but I really wanted the Chrono Souverain, but it was out of my price range. I liked the CB, but it just didn’t speak to me, and deep down I knew it was a compromise for me, so I sold it after less than a year. I really try not to have money related reg... 

I can fully empathize

 
 By: Lankysudanese : August 9th, 2020-11:41
Most of us got into this hobby/passion because we physically enjoyed these timepieces and understood that there are financial costs to this hobby. with time, we developed insight into what adds value (materials, finishing, R+D, brand pedigree etc) and wha...