amanico
[JLC Moderator]
340325
Same interrogation than above... does that give a positive feeling? [nt]
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You can now buy discontinued FP Journe watches directly through FP Journe Boutiques
FP Journe will buy watches from past collections (when opportunity arises), restore them, and put them back up for sale with a 3-year warranty & delivered with a new box and warranty card. These watches will be listed on FP Journe's website, and then ...
+1
Interesting, and I wonder what the price difference will be to current offerings. Car dealerships do this all the time, so not surprising. S
interesting way actually...
to keep the price up in 'used watch' market best, mahesh.,
Very visionary business move!
Seems like Mr. Journe also took an MBA course, just like Romain Gauthier did? This move is very BCG or HBS...
He took a page directly out of Linde Werdelin
Linde Werdelin launched LW Vintage to focus on preowned watch sales. There is a good article on ABTW www.ablogtowatch.com
That they have, and I suspect others will do likewise.
Given what FPJ charges though for servicing, and a full refinish, I wonder what the prices will be, by comparison to when new and current model.
Very smart, bravo FPJ
Like it or not , FPJ watches have become milestones, the maison itself a fundamental pillar in modern watchmaking. Mo
I like the idea a lot!
It's good also for the owners FPJ's owners who want t sell their watch. Kari
I am afraid I don't get the point...
So, FPJ prefers to buy his own watches rather than selling his production? Why?
i never argue with an attorney you know ;-)
the good side is, you're sure about an used watch purchase... the down side is, for sure you'll pay a premium to it ! as a used watch buyer, it builds a safety net... Best, mahesh.,
A few reasons from the point of view of a collector
I like seeing a brand believing in what she has done in the past, revamping iconic models like the octa calendrier or the early resonance... by collecting them, bringing them to brand new status and re insert them in the market. It creates a sense of beli...
I would appreciate to see JLC defending the Duometre in a stronger ( better? ) way, since you mentioned it.
Yes, that would be something good. They have gold in their hands, but don't use it in the best way. But buying watches they produced??? Except the vintage ones, which is important for the patrimony of the brand, and what they are doing, though, I don't se...
I think we are almost saying the same thing Nico,
But don't forget that FPJ doesn't have a long patrimony and in its short life as a manufacture he made some iconic watches,so,as you say it,they are investing in their short heritage. I prefer them to recondition out of production watches(not of course th...
In my opinion
it is an excellent way to sell new and used watches. What better way to buy a used FP Journe watch than from the manufacturer. And anyone wanting to buy a new watch will be rest assured that there is a ready market should they wish to sell their watches o...
Great move, I see many positives from this approach.
1) Collectors don't feel their watches are abandoned with new launches. 2) Indirectly propping up the prices. 3) I guess it also highlights parts availability is good, despite watches being old. Or at the minimum there is capability to make parts from scr...
As many of you have pointed out
it's a way to keep the second hand prices more stable. But it's not clear where FPJ is going to buy these watches: from private buyers, from resellers, auction's houses? Even more important, how much will they pay for them? He's one of the last living gre...
Agreed, but I think that's the unintentional benefit to FPJ
I believe the intentional strategy is to stabilize pricing on the second hand market in order to remain on par with pricing for new production pieces. They are many folks buying on the grey / preowned market for discounted pricing and of course, collector...
