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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 1712  

post #25666 of 48312
Quote:
Originally Posted by Dino944 View Post
 

 

I sold a 114270 Explorer to a dealer about a year ago, for $3,800 and they marked it up to mid $4s IIRC and it sold pretty quickly.

 

 

Interesting... I wasn't looking at Ex1 prices back then, but I recently just purchased an essentially flawless 114270 for $3600 with box, no papers. I wonder why prices dropped that much in such short time.

post #25667 of 48312
Quote:
Originally Posted by Newcomer View Post



Very nice, the sapphire crystal sides are very cool. I am surprised I do not see more Deville's around, they are a great looking watch.

 



Thanks Newcomer.
post #25668 of 48312
Navy strap for my 3940P, switched today.

hady9uha.jpg
post #25669 of 48312
Nuke, RP and Frills - well done all around!

RP - what are your thoughts about the Hour vision on a strap? I think it would kill.
post #25670 of 48312
Quote:
Originally Posted by stafa View Post
 

Interesting... I wasn't looking at Ex1 prices back then, but I recently just purchased an essentially flawless 114270 for $3600 with box, no papers. I wonder why prices dropped that much in such short time.

Well, I should clarify, although mine was 10 years old, it had hardly been worn, was in like new condition, still had shrink wrap on sides, and it had boxes, papers and hang tags.  So a "Complete package" would add some value.     

 

Quote:
Originally Posted by no frills View Post

Navy strap for my 3940P, switched today.

I love a navy strap on a watch with a moonphase.  Its just a great way to compliment it.  Great choice.

post #25671 of 48312
Quote:
Originally Posted by no frills View Post

Navy strap for my 3940P, switched today.
Quote:
Originally Posted by rnguy001 View Post

Nuke, RP and Frills - well done all around!

RP - what are your thoughts about the Hour vision on a strap? I think it would kill.

Thanks bud. And I agree, I think that a strap would be awesome on the DeVille.
post #25672 of 48312
rnguy and Newcomer - agreed with you both. I tend to be a 'strap guy' in any event and most of my bracelet watches end up that way. I can see navy working well here with the blued sweep hand, but with a silver dial watch nearly anything will look good. The bracelet has hung in here longer than most simply because it appeals in a funky retro-cool kind of way. And I like the deliberate choice of non-flush end links so as to reveal more of the sapphire case.
post #25673 of 48312
great strap, frilly!
---
thank you all for your very thoughtful and insightful replies. i very much enjoyed them. while in reality, it would be near impossible to know the answer for sure, i do think there is some truth to what my dealer friend in FL said.

without being labeled a horrible racist, i will try and relate the following. i was talking to a very nice SA in wempe once, and he told me that he gets busloads of asian tourists that walk into the store in hawaiian shirts and flip flops and have with them a written list of the watches they want to buy. almost always PP/ALS sometimes AP/VC or other very high complication models. and they buy whatever on the list is in stock, and walk out with one on the wrist. just like that.

as a person in jewelry business, almost without exception, the only requests i get for D-E color IF/FL quality stones, are from asians. there is a certain maybe prestige, or tiger mom must have perfection, mind set, if you may, (no offense) and this crowd seems to want whatever is considered best. very often they are not particularly educated about watches or diamonds, they just know what the best/most expensive item is, and thats what they want.

now, obviously this is a generalization, and there are plenty of asians that do not fall into this group, but the amount that do fall into this description is quite large. the asian market for luxury items is huge, and growing far faster than the american market from what i understand.

that being said, not everybody who wants the best/most expensive, can afford it at full retail from an AD, and i have noticed that the vast majority of my eBay customers that buy luxury watches are asian. i sell a very good amount of watches on ebay, more than enough to say that its pretty clear to me that the asian market, even ones in the US, are buying more high end watches than americans.

and once the watch is one your wrist, no one knows you got in on ebay. so dude #1 wearing X watch from AD is indiscernible from dude #2 in same watch he bought from ebay. it allows people to garner an image they want, at a discounted price. now, i dont buy watches for prestige, but many many people do. and i have no problem with it. buy what makes you happy. thats all that matters as far i am considered, and to each their own.

and, if there has been a mindset shift, and rolexes are looked at as passe by some, or as my FL guy said, peasant watches, it would make sense to me that there would be a shift away from them on ebay as well, and that could be a contributor to the previously achieved prices not being met.

or, not. who knows. but i think its a valid theory. and regardless, i hope sale prices pick up come mid november. smile.gif
post #25674 of 48312
Quote:
Originally Posted by Dino944 View Post

 She and her family would never consider pre-owned watches, cars or anything else.  It always had to be brand new.  

That is the norm in East Asian culture. The notion of buying secondhand goods (with the exception of collectibles) such as watches or clothing or shoes is not as acceptable as it is in the West. You won't find many charity shops in Hong Kong.
post #25675 of 48312
Quote:
Originally Posted by in stitches View Post

great strap, frilly!
---
thank you all for your very thoughtful and insightful replies. i very much enjoyed them. while in reality, it would be near impossible to know the answer for sure, i do think there is some truth to what my dealer friend in FL said.

without being labeled a horrible racist, i will try and relate the following. i was talking to a very nice SA in wempe once, and he told me that he gets busloads of asian tourists that walk into the store in hawaiian shirts and flip flops and have with them a written list of the watches they want to buy. almost always PP/ALS sometimes AP/VC or other very high complication models. and they buy whatever on the list is in stock, and walk out with one on the wrist. just like that.

as a person in jewelry business, almost without exception, the only requests i get for D-E color IF/FL quality stones, are from asians. there is a certain maybe prestige, or tiger mom must have perfection, mind set, if you may, (no offense) and this crowd seems to want whatever is considered best. very often they are not particularly educated about watches or diamonds, they just know what the best/most expensive item is, and thats what they want.

now, obviously this is a generalization, and there are plenty of asians that do not fall into this group, but the amount that do fall into this description is quite large. the asian market for luxury items is huge, and growing far faster than the american market from what i understand.

that being said, not everybody who wants the best/most expensive, can afford it at full retail from an AD, and i have noticed that the vast majority of my eBay customers that buy luxury watches are asian. i sell a very good amount of watches on ebay, more than enough to say that its pretty clear to me that the asian market, even ones in the US, are buying more high end watches than americans.

and once the watch is one your wrist, no one knows you got in on ebay. so dude #1 wearing X watch from AD is indiscernible from dude #2 in same watch he bought from ebay. it allows people to garner an image they want, at a discounted price. now, i dont buy watches for prestige, but many many people do. and i have no problem with it. buy what makes you happy. thats all that matters as far i am considered, and to each their own.

and, if there has been a mindset shift, and rolexes are looked at as passe by some, or as my FL guy said, peasant watches, it would make sense to me that there would be a shift away from them on ebay as well, and that could be a contributor to the previously achieved prices not being met.

or, not. who knows. but i think its a valid theory. and regardless, i hope sale prices pick up come mid november. smile.gif

 

stitchy - was just at Wempe when I got my watch strap changed, and yes, the perception/characterization you wrote out above is shared by not just one of their SAs.  Mind you, they very much respect and value (but of course!) their Asian customers too.

 

Also asked about general sales volume and busy-ness: they (and by "they" I mean two SAs and the President of Wempe, to define my limited sample) said that business tends to be slow from July through October and then begins to pick up again in November.  Gift-giving season.

post #25676 of 48312
And today's get-up. You've seen the pic on the left of the 3940P with its awesome new navy strap. Just a simple gray/silver color palette today. GG Rothschild wing tips are in vintage chestnut.

dapezemy.jpg
post #25677 of 48312
Quote:
Originally Posted by no frills View Post

stitchy - was just at Wempe when I got my watch strap changed, and yes, the perception/characterization you wrote out above is shared by not just one of their SAs.  Mind you, they very much respect and value (but of course!) their Asian customers too.

of course they do. any SA would rather just swipe a card for a customer that wants 600k of watches than hem and haw with someone about which 3-6k watch to buy. whats not to like?

and as i said, i have no beef with this way of buying. its cool as shit. rock on asians watch buyers.
Quote:
Also asked about general sales volume and busy-ness: they (and by "they" I mean two SAs and the President of Wempe, to define my limited sample) said that business tends to be slow from July through October and then begins to pick up again in November.  Gift-giving season.

this is unquestionably true. what i am most curious about, is what prices will be achieved come holiday shopping time, and what price will be achieved afterwards. ie, whatever the cause of the present depression, will it be quickly passing, or will we/i see a lasting drop in pre-owned watch sales (not in volume, but price per unit).

also, looking sharp, buddy.
post #25678 of 48312
I'm asian and specifically my wife's family is Korean. They are extremely successful, and in point of fact all wear Rolexes. When we got married, I was generously given a watch by her family and knowing how much I loved watches, they let me choose my own gift (I chose JLC). From what I hear this is not the norm, as regularly son and daugthers in law will be gifted Rolexes outright. period.

Back to the point, I was having a discussion with my wife's family and they asked which watches I considered my favorite. I happily engaged in the conversation talking about Jaeger and IWC, but they honestly seemed stupefied that I did not have a Rolex in my collection.

Cartier seems to get a lot of love back East as well FYI.
post #25679 of 48312
Quote:
Originally Posted by in stitches View Post

also, looking sharp, buddy.

 

Thanks, buddy!

 

Quote:
Originally Posted by rnguy001 View Post

I'm asian and specifically my wife's family is Korean. They are extremely successful, and in point of fact all wear Rolexes. When we got married, I was generously given a watch by her family and knowing how much I loved watches, they let me choose my own gift (I chose JLC). From what I hear this is not the norm, as regularly son and daugthers in law will be gifted Rolexes outright. period.

Back to the point, I was having a discussion with my wife's family and they asked which watches I considered my favorite. I happily engaged in the conversation talking about Jaeger and IWC, but they honestly seemed stupefied that I did not have a Rolex in my collection.

Cartier seems to get a lot of love back East as well FYI.

 

WHAT? You don't have a Rolex in your collection?  That might as well be the equivalent of an "A-" (the Asian F).  :D

 

Kidding of course - completely understand.  I'm of Asian descent too.  And yes to Cartier. 
 

Guess I have to give props to my in-laws (of Chinese descent) for having Cartiers and Omegas in their collection... aside from Rolexes.  They aren't complete brand whores, I guess!  Wait.  Are they?  What's a non-brand-whore-y brand anyway?

post #25680 of 48312
very cool stuff, rn. thanks for sharing, and im glad they indulge you with your blasphemous watch choices lol.
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