Thoughts on new Greubel GMT Balancier Convexe, and GF as a brand overall
By: ars1g09 : April 20th, 2024-17:29
Hi all - recently paid a visit to Greubel Forsey's first ever boutique that just opened in Tokyo. I have always been interested in their GMT line, so they offered me the next one to come in for their new GMT model releasing this year - pic attached below.
My current collection consists of mostly Patek, a mix of Nautliuses, Aquanauts & Annual/Perpetual calendars (with a couple of Rolexes and APs)
With that in mind, wondering if someone has been through a similar journey as me and progressed eventually to independent brands such as Greubel or others can share with me some insights -
1. the buying experience - did you buy directly/secondary? if directly are discounts commonplace 2. value retention - i find that I cannot find comps of recent sales on the recent GMT models (none are on sale on chrono24 and none have really been on sale on auction houses) - the older ones I know seem to lose quite a bit of value, are the more recent ones still losing value?
I cannot give you the informations you are asking for, but this one with lugs, in a 42 mm diameter, and not madly priced, oh well, it would tempt me a lot!
There watches were top notch and had a great times while meeting with there creators multiple times. After the new Ceo it went to a more sporty (RM ish ) direction. Still great watches but prefer there older models tbh
Different journey, not a PP owner, but ever since I received my GF I barely wear anything else.
By: Fastwong : April 22nd, 2024-05:16
While I'm less of a fan of the current sporty watches, the GMT I think has been one of the more successful implementations of the new convexe case. Unlike the S2 and double balance which are existing movements, the GMT is a new movement that I think takes good advantage the new case and volume it offers. I've been keeping an eye out in the secondary and have only seen one come up for sale and it went relatively quickly.
As long as Calce keeps increasing production without allocating a budget to defend pre-owned / auction prices I think buyers need to love the watches and expect normal watch depreciation. There's no artificial value retention in the form of big hype marketing, holding back production, or manipulating auction results.