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Thread: PRS-30

  1. #501
    Administrator swanbourne's Avatar
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    Re: PRS-30

    Quote Originally Posted by Lippy
    300 watches is a huge commitment your caution is understandable.

    What is the reason for having such a a high minimum, is this something that has changed with the Eurozone crisis, suppliers unwilling to work for smaller projects with slimmer margins?

    I would love to see this launch however.
    The main reason is that they have to clean out the machines to switch to bronze and then clean them again to go back to stainless. It's not worth it just for 100 cases (which is what I wanted).

    Eddie
    Whole chunks of my life come under the heading "it seemed like a good idea at the time".

  2. #502
    Master kungfugerbil's Avatar
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    Re: PRS-30

    What would a Stainless version of this cost then Eddie? I would still like the case/dial/hands if it was made from SS. Do you think there would love for 100 SS versions?

  3. #503
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    Re: PRS-30

    It'll be very sad if this doesn't come to fruition. There certainly did seem to be an insatiable appetite for bronze watches at one stage but I'm not sure if the Helson/Magrette debacle has affected that. I still want one in my collection and was holding back until the PRS30 was released. :(

  4. #504

    Re: PRS-30

    Quote Originally Posted by swanbourne

    The main reason is that they have to clean out the machines to switch to bronze and then clean them again to go back to stainless. It's not worth it just for 100 cases (which is what I wanted).

    Eddie
    mmm - if they run a significant downtime period for machine maintenance ( likely to happen at least once a year anyway) and they could set up onto bronze immediately afterwards, it could be argued that they would have only one cleaning cycle rather than two, as the other cycle is a part of the maintenance regime. As such, if timing is not an issue, you might be able to explore running 150 just prior to or just after a period of downtime, but at their choice of timing rather than yours..

  5. #505

    Re: PRS-30

    Hi Eddie.

    Perhaps its worth considering some sort of prefunding arrangement to share the risk - i.e., get deposits for a certain % of the price on whatever number of watches you think would reduce your risk to an acceptable level before making any financial commitments yourself. The deposits would be non-refundable if you reached your target number of pre-sales and refundable if you did not. You could offer a modest discount to early purchasers to compensate them for the use of their money for financing purposes (to the extent that having the watch go ahead despite its challenging economics was not compensation enough). Alternatively, you could throw in some other sort of sweetener like a gift certificate at Time Factors (or whatever). You may be aware of this model being increasingly used via websites like Kickstarter. However, your own forum and community here would presumably provide enough of a network of like-minded people that using platforms like Kickstarter might be unnecessary.

    Just a thought.

  6. #506
    Administrator swanbourne's Avatar
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    Re: PRS-30

    Quote Originally Posted by david stinson
    Hi Eddie.

    Perhaps its worth considering some sort of prefunding arrangement to share the risk - i.e., get deposits for a certain % of the price on whatever number of watches you think would reduce your risk to an acceptable level before making any financial commitments yourself. The deposits would be non-refundable if you reached your target number of pre-sales and refundable if you did not. You could offer a modest discount to early purchasers to compensate them for the use of their money for financing purposes (to the extent that having the watch go ahead despite its challenging economics was not compensation enough). Alternatively, you could throw in some other sort of sweetener like a gift certificate at Time Factors (or whatever). You may be aware of this model being increasingly used via websites like Kickstarter. However, your own forum and community here would presumably provide enough of a network of like-minded people that using platforms like Kickstarter might be unnecessary.

    Just a thought.
    This has been suggested before but I recommend you research the pre-funding arrangements Bill Yao had in place for the Kingston. There can be no doubt that this damaged his business and his reputation.

    Eddie
    Whole chunks of my life come under the heading "it seemed like a good idea at the time".

  7. #507

    Re: PRS-30

    Quote Originally Posted by swanbourne
    Quote Originally Posted by david stinson
    Hi Eddie.

    Perhaps its worth considering some sort of prefunding arrangement to share the risk - i.e., get deposits for a certain % of the price on whatever number of watches you think would reduce your risk to an acceptable level before making any financial commitments yourself. The deposits would be non-refundable if you reached your target number of pre-sales and refundable if you did not. You could offer a modest discount to early purchasers to compensate them for the use of their money for financing purposes (to the extent that having the watch go ahead despite its challenging economics was not compensation enough). Alternatively, you could throw in some other sort of sweetener like a gift certificate at Time Factors (or whatever). You may be aware of this model being increasingly used via websites like Kickstarter. However, your own forum and community here would presumably provide enough of a network of like-minded people that using platforms like Kickstarter might be unnecessary.

    Just a thought.
    This has been suggested before but I recommend you research the pre-funding arrangements Bill Yao had in place for the Kingston. There can be no doubt that this damaged his business and his reputation.

    Eddie
    I wasn't aware of the Yao/Kingston situation. There's nothing inherently wrong with the funding mechanism - a variant of customer-risk-sharing/financing has helped to finance natural gas pipelines for decades in North America. The advantage is that it allows the customer to communicate something that is unknown to the producer - the extent of the customer's intent to purchase. However, as you point out, it may not be suited to all situations, particularly, I suppose, where it's difficult to ensure that customer expectations are accurate in advance of seeing the actual product or where unforeseen delays are a normal part of business, etc. In any case, there tends not to be a shortage of ideas for watches that people want you to produce :lol: so perhaps it's not worth taking the risk. On the other hand, I can't recall a situation in which you failed to greatly exceed your customers' expectations.

    I'm not advocating it. I was just wondering whether it had been considered - but you obviously have considered it and determined that it's not appropriate for your business. So, I won't ever mention it again :mrgreen:

  8. #508
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    Re: PRS-30

    Eddie is the option to buy 300 cases @ but build a 100 watches open to you, or would that mean you would be doing this all for effectively 0% profit?

    Might be "Richmond Spencer" burning away at the back of your mind, when you mention "Not feeling the Love" ?

  9. #509

    Re: PRS-30

    I like it, I would buy it, despite the crisis, and the SWIMBO

  10. #510
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    Re: PRS-30

    Quote Originally Posted by Optimum
    It'll be very sad if this doesn't come to fruition. There certainly did seem to be an insatiable appetite for bronze watches at one stage but I'm not sure if the Helson/Magrette debacle has affected that. I still want one in my collection and was holding back until the PRS30 was released. :(
    Me too :(

    I hope a solution can be found :)

  11. #511

    Re: PRS-30

    I have been following the development of this model with a great deal of interest. Just to add my tuppence worth, I would like one when they come off the board and into the metal. The idea of putting down a deposit has merit from my viewpoint and I would happily raid the piggy bank to do so. Deposit taking could cause additional admin problems and general aggro to Eddie though.

    Maybe a substantial deposit from interested parties is the way to go?

  12. #512
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    This is one of my absolute dream watches i'd really appreciate if it comes to production :). Looking forward to more information,


    Best Regards,
    David

  13. #513
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    Same here. I hope it is not dead altogether.

    Stan.

  14. #514
    Administrator swanbourne's Avatar
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    The offer is sat on my desk now and on Monday morning I'll give the word to proceed. The bronze is coming from Switzerland, I don't trust the Chinese bronze ;-).

    Bronze watch case PRS-30, design like picture
    Case 42mm x 42mm, measurement without lugs
    Brushed finish
    ETA2824-2
    Normal tube, crown 7mm diameter design like picture, plated in same colour like bronze
    Lug spacing 24mm, lugs drilled through, shoulderless springbars
    Domed sapphire crystal, anti-reflect inside
    Screwed solid stainless steel caseback with engraving
    Sandwich dial. Subdial with C3 Superluminova, top dial with the cuttings III VI, IX, XII and the hour points, date cut at 6 h and logo "Precista"
    Hands like picture filled with C3 Superluminova
    Water-resistant 10ATM
    Bronze material = Nickel Aluminium Bronze, UNS designation C63000, C63200, ASTM specification B171

    Payment 30% deposit + tool costs + bronze material before production
    70% balance 8 days after delivery
    All prices ex-works

    Any questions?

    Eddie
    Whole chunks of my life come under the heading "it seemed like a good idea at the time".

  15. #515
    Master Jeroen's Avatar
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    Wink

    No questions Eddie, it looks promising;

    just an good thing to know so I can set some money aside for this one

  16. #516
    Master
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    Can't wait. Looking forward to getting one :-)

  17. #517
    Master stoneyloon's Avatar
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    Quote Originally Posted by CmdrBond View Post
    Can't wait. Looking forward to getting one :-)
    Well, that's at least two of us!

  18. #518

    Cool

    Quote Originally Posted by swanbourne View Post
    The offer is sat on my desk now and on Monday morning I'll give the word to proceed. The bronze is coming from Switzerland, I don't trust the Chinese bronze ;-).

    Bronze watch case PRS-30, design like picture
    Case 42mm x 42mm, measurement without lugs
    Brushed finish
    ETA2824-2
    Normal tube, crown 7mm diameter design like picture, plated in same colour like bronze
    Lug spacing 24mm, lugs drilled through, shoulderless springbars
    Domed sapphire crystal, anti-reflect inside
    Screwed solid stainless steel caseback with engraving
    Sandwich dial. Subdial with C3 Superluminova, top dial with the cuttings III VI, IX, XII and the hour points, date cut at 6 h and logo "Precista"
    Hands like picture filled with C3 Superluminova
    Water-resistant 10ATM
    Bronze material = Nickel Aluminium Bronze, UNS designation C63000, C63200, ASTM specification B171

    Payment 30% deposit + tool costs + bronze material before production
    70% balance 8 days after delivery
    All prices ex-works

    Any questions?

    Eddie
    yes pls wgat will be the final price for us ? ;)

  19. #519
    Grand Master abraxas's Avatar
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    .
    With a seconds-hand or without?

    john
    "Owning one is almost as satisfying as making one." ~ Rolex 1973

  20. #520
    Administrator swanbourne's Avatar
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    Quote Originally Posted by abraxas View Post
    .
    With a seconds-hand or without?

    john
    With.

    Eddie
    Whole chunks of my life come under the heading "it seemed like a good idea at the time".

  21. #521
    Grand Master Dave E's Avatar
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    This is excellent news, Eddie, and I'm looking forward to seeing it come to fruition. Just need to make sure I've got cash when it turns up to buy one!
    Dave E

    Skating away on the thin ice of a new day

  22. #522
    Quote Originally Posted by swanbourne View Post
    The offer is sat on my desk now and on Monday morning I'll give the word to proceed. The bronze is coming from Switzerland, I don't trust the Chinese bronze ;-).

    Bronze watch case PRS-30, design like picture
    Case 42mm x 42mm, measurement without lugs
    Brushed finish
    ETA2824-2
    Normal tube, crown 7mm diameter design like picture, plated in same colour like bronze
    Lug spacing 24mm, lugs drilled through, shoulderless springbars
    Domed sapphire crystal, anti-reflect inside
    Screwed solid stainless steel caseback with engraving
    Sandwich dial. Subdial with C3 Superluminova, top dial with the cuttings III VI, IX, XII and the hour points, date cut at 6 h and logo "Precista"
    Hands like picture filled with C3 Superluminova
    Water-resistant 10ATM
    Bronze material = Nickel Aluminium Bronze, UNS designation C63000, C63200, ASTM specification B171

    Payment 30% deposit + tool costs + bronze material before production
    70% balance 8 days after delivery
    All prices ex-works

    Any questions?

    Eddie
    Questions- what will be the final price, when will it be ready for delivery, and do you want a deposit from us? Also, what movement did you sort out for this one?

    This is one I would like to start setting aside funds for now.

  23. #523
    Master MrLion's Avatar
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    Well worth the wait for this one, some approximate availability timing would be handy.

  24. #524
    Quote Originally Posted by swanbourne View Post
    The offer is sat on my desk now and on Monday morning I'll give the word to proceed. The bronze is coming from Switzerland, I don't trust the Chinese bronze ;-).

    Bronze watch case PRS-30, design like picture
    Case 42mm x 42mm, measurement without lugs
    Brushed finish
    ETA2824-2
    Normal tube, crown 7mm diameter design like picture, plated in same colour like bronze
    Lug spacing 24mm, lugs drilled through, shoulderless springbars
    Domed sapphire crystal, anti-reflect inside
    Screwed solid stainless steel caseback with engraving
    Sandwich dial. Subdial with C3 Superluminova, top dial with the cuttings III VI, IX, XII and the hour points, date cut at 6 h and logo "Precista"
    Hands like picture filled with C3 Superluminova
    Water-resistant 10ATM
    Bronze material = Nickel Aluminium Bronze, UNS designation C63000, C63200, ASTM specification B171

    Payment 30% deposit + tool costs + bronze material before production
    70% balance 8 days after delivery
    All prices ex-works

    Any questions?

    Eddie
    Yes: which picture? (Your original one plus a seconds hand?)

    R
    Ignorance breeds Fear. Fear breeds Hatred. Hatred breeds Ignorance. Break the chain.

  25. #525
    Master MrLion's Avatar
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    The 2nd picture, third watch along has the seconds hand

  26. #526
    Administrator swanbourne's Avatar
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    Quote Originally Posted by ralphy View Post
    Yes: which picture? (Your original one plus a seconds hand?)

    R


    Eddie
    Whole chunks of my life come under the heading "it seemed like a good idea at the time".

  27. #527
    Master simes's Avatar
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    PRS-30

    That's really nice Eddie.

  28. #528
    Master Chris W's Avatar
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    Quote Originally Posted by jmarchitect View Post
    Questions- what will be the final price, when will it be ready for delivery, and do you want a deposit from us? Also, what movement did you sort out for this one?

    This is one I would like to start setting aside funds for now.
    Spec that Eddie listed shows ETA2824-2.

    Would be interested to know the final price of this.

  29. #529
    i suppose that its price won't be less than a thousand Eur. !

  30. #530
    Master kungfugerbil's Avatar
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    Lovely :)

    Get it made forthwith. Tell me where to post my sheckels, I'm in.

  31. #531

    PRS-30

    Make that three! It looks great.

  32. #532
    Happy days! I am most certainly in for this one!!

  33. #533
    I'll be there; amazing looking watch!

  34. #534
    Master
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    Although Eddie has a right to reservations about this watch, I have a feeling in the current cllimate of bronze watches this watch will be a top seller. There are alot of considerations as to why this particular watch may do better in general and not only because of the reputation Eddie has brought to the table for his brands.

    The cushion case in particular always drives the fans mad, using a real bronze alloy which alot of WIS do value, simplistic easy to read dial and for some a 6 o'clock date window. I very much like the combination of roman numerals and dots for lesser numbers it really brings the dial out. I can see this as a real solid seller.

    Good luck Eddie!

  35. #535
    Grand Master Dave+63's Avatar
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    PRS-30

    Quote Originally Posted by swanbourne View Post


    Eddie
    I'll take one of those, it's about the best looking watch I've ever seen.

    Assuming you go ahead with this, what's the likely timescale and final price estimate?

    Would it be possible to fit your 50 chronograph movements into this to effectively reduce the numbers slightly? If so, I'll take one of those too ( the one with the red thingy!).

    Dave

  36. #536
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    Cool Newby Comment on PRS-30

    I have been a lurker on the site for a couple of years, but this watch has just made me join the forum! This watch has just got to be made as far as I am concerned - and a Seagull Unitas wouldn't be a problem in my opinion (though that probably doesn't count for a lot).
    I would certainly be in the queue for one.

    A bit of a rushed comment will try to do a proper intro post soon

  37. #537
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    Yipee ! Can't wait. Hope the price is not a deterrent...

  38. #538
    Master Nalu's Avatar
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    For those concerned about pricing, I think it's important to note that Eddie has a long history of bon marche watches. In fact, I can't think of a single one which could be described as anything less than good VFM, and most are great VFM. If the style appeals to you, you'll be hard-pressed to find a bigger bang for your buck (or is that "Pow for your pound"?).
    I'm on the fence about another bronze watch - my Polluce is standing me in good stead - but will be watching with interest! I can tell you that I'd be interested in a bronze buckle! SS just doesn't seem right with the bronze Polluce.

  39. #539
    Grand Master Dave+63's Avatar
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    Quote Originally Posted by Nalu View Post
    For those concerned about pricing, I think it's important to note that Eddie has a long history of bon marche watches. In fact, I can't think of a single one which could be described as anything less than good VFM, and most are great VFM. If the style appeals to you, you'll be hard-pressed to find a bigger bang for your buck (or is that "Pow for your pound"?).
    I'm on the fence about another bronze watch - my Polluce is standing me in good stead - but will be watching with interest! I can tell you that I'd be interested in a bronze buckle! SS just doesn't seem right with the bronze Polluce.
    I'm not concerned about the price per se, I'd just like an idea of approximately how much I need to save and an idea of how long I've got to save it. I'm definitely in for one of those.

  40. #540
    Grand Master markrlondon's Avatar
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    Quote Originally Posted by Dave+63 View Post
    I'm not concerned about the price per se, I'd just like an idea of approximately how much I need to save and an idea of how long I've got to save it. I'm definitely in for one of those.
    I have no inside information but as to how much I reckon if you look to save about £1000 then that should cover it (hopefully with quite some to spare). Look at the (very broadly) similar 44mm Bronze Moray from Benarus: $1300 plus shipping (about $50), so about £840, or about £1000 including VAT once imported.

    As to how long: I'd guess more than six months.

    Any comments anyone?

  41. #541
    Grand Master markrlondon's Avatar
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    Quote Originally Posted by Jacks Dad View Post
    I think 1000 pounds is possibly a bit strong. Didn“t Eddie mention that it wouldn“t be had for less than 600-700?
    Yup, hence why I say "with quite some to spare". £1000 should hopefully cover it comfortably.

  42. #542
    Craftsman
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    Thought I would drag this thread up since Eddie's email said the watches would be with him in about six to eight weeks! Sure there will be a lot of excitement when the photos are posted.

    Any updates on specs or pricing Eddie?

  43. #543
    Grand Master gray's Avatar
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    If Carlsberg did watches... Probably the best bronze soon to be on the market
    Gray

  44. #544
    Master Optimum's Avatar
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    Quote Originally Posted by gray View Post
    If Carlsberg did watches... Probably the best bronze soon to be on the market
    Yup, just trying to work out if I can splurge on a Cali and still get this...

  45. #545
    Craftsman
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    Looks great! Glad I held off on the bronze Halios I was looking at as this is much more interesting.
    Will be my first of Eddies if I can't get hold of a Speedbird GMT first (unlikely!).

  46. #546
    Grand Master Glamdring's Avatar
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    Sadly, holding off on your Halios may be in vain until Eddie's given a firm(ish) date for completion. I'll be looking firmly at this if the price is okay.

  47. #547
    Master Optimum's Avatar
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    I thought Eddie's email this week said 6-8 weeks?

  48. #548
    Grand Master Glamdring's Avatar
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    Email? I did sign up for it but never get it.

  49. #549
    Administrator swanbourne's Avatar
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    Quote Originally Posted by Glamdring View Post
    Email? I did sign up for it but never get it.
    Hundreds of e-mails bounce back because the receiving server treats them as spam.

    Eddie
    Whole chunks of my life come under the heading "it seemed like a good idea at the time".

  50. #550
    Master OliverCD's Avatar
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    Quote Originally Posted by swanbourne View Post
    Hundreds of e-mails bounce back because the receiving server treats them as spam.

    Eddie

    Might be worth putting you email notification as a sticky within this forum in future for a few weeks and we could pick it up here too....?

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