Sometime in the mid to late 70s I bought a new Moonwatch. Cost £400 iirc and I thought that was a heck of a lot to pay for a watch, but I'd always wanted one so.....
Sold it in 2001, virtually unworn for £800, and I was amazed to have doubled my money.
How times and prices have changed!
No need to get aggressive and make false assumptions. I didn’t pay £3500, I paid less than that. And yes it was brand new (in 2017).Originally Posted by JPCain86
My point is you are comparing the sale price of an old model to the rrp of the new model (which has an updated movement).
The most recent sale you are referring to is a 2018 big box model. The current models sell for much more than that.
Aggressive? I just countered your point that they are selling for close to half the retail price. Omega making minor changes and changing the reference number for me doesn't justify calling it a new model.
What was the retail in 2017? Around £5k? If you got a 30% discount from a dealer then it probably backs the argument up that they were over priced then.
The point is omega is now over priced. Doesn't mean I don't like there watches, own a seamaster. I just think they have pushed their prices too much. The Speedy Pro for me is the worst value but even there DSOTM range at £10k to £15k depending on the model, it just silly.
When you look at second hand values proportionally to RRP Omega are nearly getting as bad as Tag.
And that is the way it was, and the way it should be for mass produced machine-made watches, bar the odd Rolex SS model.
Well you did call my argument pointless. If that isn’t passive aggressive then I don’t know what is.
My 7 year old speedmaster is worth more now than I paid for it new. That makes their residuals pretty good if you ask me. Of course if you sell within a short period of time after buying new you will lose a fair chunk of money but isn’t that the case with 99% of all watches (or other any goods for that matter)?
For what’s it’s worth, I agree that the speedmaster pro isn’t worth the money omega are asking for it these days however it is one of the most iconic watches of all time so understand why omega want to elevate its price point to make it a more exclusive and sought after piece.
I haven’t owned one, nor do I intend to. But, over the years of reading and watching reviews, the Speedy seems to be watch that generally disappoints the most in relation to its current p1ss take of a price.
Probably because of the moon stuff. Strap a watch to a dive bell and send it down a million feet underwater and we will all go bananas for that too.
These price rises are getting crazy,
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I think the new dark side of the moon actually did
As I alluded to earlier, it's not in any way, shape or form (even given the history) worth the RRP once you own one and have it on your wrist - it's not on it's own in this respect in terms of brand/model.
When you look long into an abyss, the abyss looks long into you.........
Never realised the DSOM was over £12k now.
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I bought mine in 2019 and retail was £4150 at the time. You could buy new from a grey dealer for around £3200 and I paid £2500 for a mint two year old example on here.
Since then they been rising above inflation, but they've also been announcing price rises twice a year most years plus a hefty rise when the 3861 was released and that's how we've got where we are now.
To me the biggest robbery is the 3k euro price differential on the dark side models between the folding clasp and non folding, its mental.
I have had 4 of the various dark/grey iterations, all lovely watches, but no where near worth the current RRP.
And the titanium Apollo 11 rocket second hand and the more detaile laser etching of the moon surface but I agree certainly not worth that massive 3k uplift. I bought my original Apollo 13 DSOTM for less than £6k from a grey dealer and sourced a OEM clasp and strap and still paid less then half of this new version!
But then again watch prices across all the brands have gone stupid.
I like Omega, but have never liked a Speedy, tried them on a few times and had a few friends that had them but they just don't look that nice (IMO), this was when they cost £3k, at £7k Omega are really pushing it,
Watch prices in general for the big brands have become crazy over the past few years, I cannot imagine paying anything close to asking price for any of them. Latest Omega increase simply compounds the stupidity. Apart from the prices I find Omegas current offerings as dull as dishwater and I’ve no urge to own any of them. My enthusiasm for their 60s and early - mid 70s watches remains, and I still own a few from late 90s/ early noughties, but they’re so far removed from the current stuff that any brand empathy is totally lost.
When are they going to stop banging on about the moon thing? Surely they've squeezed the last drops out of the lemon? Also time they stopped using James Bond ( who’s actually a fictitious character) as a brand ambassador.
Maybe the wannabe spacemen and Special Agents will disagree?........maybe I’m in a minority,
I grew out of all that stuff it at the age of 8 so I find it hard to relate to any of it. I don’t care whether a Speedmaster went to the moon or Brighton beach, it’s just another bloody watch that should be judged on its merits.
Not sure 'First Watch Worn On Brighton Beach' is much of a sales booster though..........
When you look long into an abyss, the abyss looks long into you.........
I agree about the Bond thing. Not only a fictional character but one that actually wore a Rolex in the books. All it is now is product placement in a movie franchise. I wouldn’t wear a watch with a 007 shaped seconds hand if it was given to me for free (or one with snoopy on it for that matter).
I once upon a time bought a Speedy Tuesday Ultraman which I soon sold on as the gimmicky UV light up ultraman symbol was embarrassing (that was the first and last time I ever got caught up in the hype over a watch).
Omega really need to stop with all these gimmicks and let the quality and styling of their watches do the talking.
Yep I did exactly the same with the Ultraman. And I too can't get over how downright jealous I am of those who didn't sell out and watched its value climb to near double. It's enough to make you bitter ;-)
If you don't want to pay the silly UK prices a nice hack is to buy from Japan where Omega prices are much lower. Even factoring in 20% VAT on import these are much cheaper and this dealer will haggle as well on price a bit.
Some examples - all watches in stock and ready to go.
The speedy is a great watch but the design doesn't scream 'affluence' in today's market. That's not a bad thing but its bound to decrease desirability as the flagship watch in a brand.
More to the point, Omega's marketing and branding work over recent years hasn't really increased their cachet where they can be charging these sort of retail prices.
Breitling and Tudor, at their relative price points, have done a much better job IMO.
Is this chrono24 or some other website?If you don't want to pay the silly UK prices a nice hack is to buy from Japan where Omega prices are much lower. Even factoring in 20% VAT on import these are much cheaper and this dealer will haggle as well on price a bit.
Some examples - all watches in stock and ready to go.
Chrono24 yes.
The dealer I use is Omicron watch.
Well it’s d day… did they rise?
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I don't think they have?
I wouldn’t pay retail for any Omega having recently had a really good experience buying from eBay. 2.5 year old Aqua Terra white dial 38mm on bracelet, came boxed, papers, balance of warranty, fantastic condition all for £3000, 50% less than retail. I dealt with a really good seller and it was delivered via eBay’s authentication centre so total piece of mind.
I’ve got half a mind to pair it with a black Seamaster as a two watch collection in the future and would look to follow the same process again. Obviously you need to find the right deal, sometimes a case of being vigilant & patient, but well worth it. There’s also grey dealers that have eBay shops that were selling the same watch new for £4750, another option.
I heard it was limited to full precious metal and bi metal versions. That's meant around £300 increase on this Globemaster and the likes of the seamaster bi metal. Not sure what the extra was on the big boys.
Usual TZ 'scaremongering'.
I guess so.
Mind you, the retails are scary enough at present.
No I was the one who received the email & it looks as though probes for gold & gold/ steel items have increased
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The less popular watches then and not by great amount.
Some of the high end models with precious metal components have increased as stated previously. I was expecting an increase across the board but not on this occasion. It's just a matter of time.
Snoopy never went up as bought one last week 10k thank fook lol
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