Does make me wonder too sometimes.

Sep 07, 2019,23:12 PM
 

I’m blessed to own the GMT but it lies very much in the shadows and cannot be compared with the Lange - it’s a funny old game this hobby of ours

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Battle of price equivalence, part I...

 
 By: vitalsigns : September 7th, 2019-22:15
Initially listed (at an unnamed dealer) at the same exact price...to the dollar (pre-owned). Now within striking distance of each other. Value is subjective, without a doubt, but I still sometimes scratch my head in confusion over this hobby... ...  

That GMT is the solid white gold version

 
 By: reintitan : September 7th, 2019-22:32
So it already comes at a premium. BTW, I prefer that blue dial to the standard black one on the SS version. If Rolex gave the Blue dial to the new SS GMT I would've definitely bought one.

Understood regarding white gold...definitely a stiff premium over SS.

 
 By: vitalsigns : September 8th, 2019-06:15
Still a difficult price point for me in light of what else those dollars could buy.

Does make me wonder too sometimes.

 
 By: Onemorewatch : September 7th, 2019-23:12
I’m blessed to own the GMT but it lies very much in the shadows and cannot be compared with the Lange - it’s a funny old game this hobby of ours

Same here, John, very same here. Even more when you compare some vintage to moderns...

 
 By: amanico : September 8th, 2019-00:07
For example, you could get a Lemania 15 TL military or a Heuer Bund for the price of a Rolex Date Just. Best, Nicolas

The value of vintage over modern cannot be denied.

 
 By: vitalsigns : September 8th, 2019-06:17
You of all people definitely carry the banner of that view

Instagramification of watch enthusiasm?

 
 By: vitalsigns : September 8th, 2019-08:35
Obsessed with the symbols of wealth and luxury...

Very well

 
 By: MTR : September 9th, 2019-17:07
… written! Best, Thomas

it is exactly the guy who didn't know what he is buying & for what he is buying it ;-)

 
 By: mahesh : September 8th, 2019-03:49
anything over retail doesn't make sense bcos even the brand don't think it is worthy than that...;-)

Well said my friend 👌🏻

 
 By: Watchonthewrists : September 8th, 2019-04:28
Its a crazy market nowadays . Will never pay over retail

Yes, though in practice I’m afraid that prices over retail will continue to make sense, by definition, for as long as there’s people willing to shell out that money..

 
 By: FabR : September 8th, 2019-06:45
But I agree on your broader point: I, for one, never buy over MSRP as a matter of principle..😉

Excellent point!!

 
 By: MTR : September 9th, 2019-17:09
Best, Thomas

Examples abound, indeed.

 
 By: vitalsigns : September 8th, 2019-06:19
5711 Tiffany dial or a bit more for 5970 (or the same for 5270)?

Indeed! [nt]

 
 By: vitalsigns : September 8th, 2019-08:45

This is part of what makes our sport so interesting and diverse...

 
 By: Cpt Scarlet : September 8th, 2019-02:37
All part of life’s rich pattern 😉

Yes, that is one way of putting it :)

 
 By: vitalsigns : September 8th, 2019-06:19
"Bonkers" is another way...

Value is personal.

 
 By: John-E-Mac : September 8th, 2019-08:50
We all come from different backgrounds and are at different locations on our life's journey. I too have difficulty wrapping my mind around the shifting market. However, when I began my interest in watches, certain Panerai's with a modified ETA movement so... 

Of course...as I conceded in my original post, value is subjective.

 
 By: vitalsigns : September 8th, 2019-18:32
Just some commentary on the nuttiness I see in the market for highly-symbolic luxury goods.

Agreed.

 
 By: John-E-Mac : September 9th, 2019-05:49
I should have been more emphatic in my agreement with you. However, I have to remind myself that I am only one data point on a chart of +7 billion data points. There are many perspectives out there and what I feel as "crazy" is just everyday "normal" for ... 

Well said (nt)

 
 By: Echi : September 8th, 2019-19:12
..

Agreed, this is crazy, although this is a crazy passion of ours!

 
 By: pejp : September 8th, 2019-20:11
the WG GMT was the point that Rolex ‘lost it’ for me. Really not a fan of it at all, so I’m biased in that I don’t like this particular piece anyway, but the idea that a Datograph, which to me is one of the greatest watches of all time, can be had for the...