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Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-03-21 22:50
Mechanical watches are superfluous these days (like port) but while old men exist they have a diminishing bid.

I'm forever eyeing up a Breitling Navitimer Cosmonaute. By value pretty low bid BUT it has a slide rule and you can't ever claim to miss a meeting from that nostalgic jet lag.






All the soul of man is resolution, which in valiant men falters never, until their last breath.

gaj


Total Posts: 102
Joined: Apr 2018
 
Posted: 2020-03-22 16:01
The secondary watch market is probably due for a crash. I'd love to short a Patek, if only I could find borrows..


jslade


Total Posts: 1209
Joined: Feb 2007
 
Posted: 2020-03-22 16:57
I used to like Breitling, but it's too damn loud. Moonwatch doesn't get old so fast if you wanted a space theme.

I used to carry a Pickett N525-ES into client meetings when I was doing consulting. Great for back of the envelope error calculations, and the log scale is useful for price estimates.
http://www.antiquark.com/sliderule/sim/n525es/virtual-n525-es.html


"Learning, n. The kind of ignorance distinguishing the studious."

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-03-22 22:24
@gaj: The secondary watch market is probably due for a crash. I'd love to short a Patek, if only I could find borrows..

All day long, not just watches old boy, merely retail lag. If you want a secondary Patek Calatrava I'll make you USD 1150/1450 9m forward.

How about a 460? USD 8K/11K.

I remember in the last crisis 911s halved in price. That was scratching what this will be.


All the soul of man is resolution, which in valiant men falters never, until their last breath.

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-04-05 03:22
Secondary watch prices are already 10% lower on the offered side.

Applause

All the soul of man is resolution, which in valiant men falters never, until their last breath.

Strange


Total Posts: 1648
Joined: Jun 2004
 
Posted: 2020-04-05 03:35
> Secondary watch prices are already 10% lower on the offered side.

Could you point to a reliable source of quotes? Probably a good gauge of how the upper middle class is doing financially.

'Progress just means bad things happen faster.’

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-04-05 04:03
Far too soon to read into pain of the UM class (US)/M class (UK), but the inventory held by watch dealers on popular models destroys the facade:
https://www.chronext.co.uk/
https://www.watches-of-switzerland.co.uk/

All the soul of man is resolution, which in valiant men falters never, until their last breath.

Strange


Total Posts: 1648
Joined: Jun 2004
 
Posted: 2020-04-05 14:18
thanks! What are good "benchmark issues" and what were the prices for those 3 month ago?

'Progress just means bad things happen faster.’

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-04-09 18:03
@Strange the Rolex Submariner.

The last time I bought a new watch (about 6m ago) I got into a long discussion with the lady and she said secondary Rolex prices were 25-50% above primary because Rolex would not increase production. If ever there was a useful barometer it would be that!

All the soul of man is resolution, which in valiant men falters never, until their last breath.

rod


Total Posts: 408
Joined: Nov 2006
 
Posted: 2020-04-09 20:17
Speaking of "submariner" and "diver", the German Navy frogmen seem to use a much cheaper Sinn UX S Diver.

PS: Can we please move this thread to the Art section? Watchmaking is a form of art, in my view. Mechanical watches, of course. No iWatch junk, please.


Maggette


Total Posts: 1233
Joined: Jun 2007
 
Posted: 2020-04-09 21:01
Smiley
Best presented casually with your HK MP-7 like in this picture

Ich kam hierher und sah dich und deine Leute lächeln, und sagte mir: Maggette, scheiss auf den small talk, lass lieber deine Fäuste sprechen...

rod


Total Posts: 408
Joined: Nov 2006
 
Posted: 2020-04-09 21:49
So taktikool that it melts the ladies' hearts (and panties). Photographic evidence below.


nikol


Total Posts: 1120
Joined: Jun 2005
 
Posted: 2020-04-09 22:22
Many years ago I heard a story from chinese oil trader about "sandwiched" Rolex gifts to smooth the deals. These guys will always pump up the price till bullet change received.

rod


Total Posts: 408
Joined: Nov 2006
 
Posted: 2020-04-10 10:05
These days, the gifted rolexes would have to be declared to Compliance.

pj


Total Posts: 3522
Joined: Jun 2004
 
Posted: 2020-04-10 10:11
The only watch worth talking about

The older I grow, the more I distrust the familiar doctrine that age brings wisdom Henry L. Mencken

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-04-11 20:22

All the soul of man is resolution, which in valiant men falters never, until their last breath.

someprimetime


Total Posts: 15
Joined: Jul 2018
 
Posted: 2020-04-12 03:57
"Sale extended! Last chance!" - LOL.

My dad was an auctioneer, liquidator and appraiser and I grew up around the antique industry. I've always had a lot of insight into the antiques biz through him.

He always had the best of everything (Petty) -- Tiffany lights, Rookwood pottery, art, etc., although never really got into the watch scene. His watch of choice was the Hamilton Coronado or Myron.

Personally, I've always wanted a nice Rolex, with the following requirements:

A) is not instantly recognizable as a Rolex
B) can be worn as a (near) daily driver

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-04-14 22:49


If only the bond market was like this.

All the soul of man is resolution, which in valiant men falters never, until their last breath.
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