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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 2521  

post #37801 of 48312
Quote:
Originally Posted by wurger View Post

I agree here, the FP 1185 is one of the finest movements out there. Though newer movements with power reserve of 60 hours would be handy. smile.gif


I wasn't in the watch market back then, did Daytona's price go up significantly when Rolex went in house in 2000?
To be honest, the power reserve isn't really an issue for me.  I tend to wear a watch for a week or a few weeks at a time.  I don't generally put them down for 2 days and pick them up again, so either way the watch would have stopped running unless it was on a winder.  However, maybe you rotate through watches more quickly than I tend to.

Rolex isn't really a good indicator of pricing effects, in terms of going from out sourced movements to in-house.  First they make about 900,000 watches a year compared to VC's roughly 20-25,000 units.  They can sell and recoup their investment much faster than a company like VC or AP.  I imagine Rolex also has greater resources to draw upon.  It should be noted, that according to an article I read some time ago, chronograph movements are among the most complicated and costly to design and that was one of the reasons that many companies, particularly small ones like AP, VC, and until recently PP depended on outside sources for chronograph movements.  

In addition, the Daytonas particularly when powered by outsourced movements were way under priced (although that led to a demand outstripping supply, wait lists lasting years, and watches being flipped for a 50%-100%  profit and some AD's charging a huge premium over list price).  When I first got into seriously looking at Daytonas their MSRP was $3,800.  Relatively speaking a few years later AP's RO chrono was released for $12,500...eventually VC's Overseas chrono came out at around $11,000...Breguet Type XXs and BPs were around $7,500, even Cartier's steel quartz Pasha was $5,000.  When Rolex first released their in-house Daytonas they were $6,000...which again was way under priced.  When I got my first one a gray dealer offered me $11,000 for it.  They told me mine was the first new one they had seen.  For many years Daytonas even once supply evened out a bit a 1st buyer could easily flip a new one and make a $2,000-$2,500 profit.  Once the watches hit $10,000 many flippers disappeared, and supply stabilized especially with the 2008 melt down of the economy.  Oh and it should also be noted, that many people have stated over the years that once Rolex was in complete control of Daytona movement production (and there were no outside limits as to how many movements they could have), production was ramped up...so supplying a greater number of these may have helped keep the overall cost from skyrocketing.   

Maybe I will be wrong about the cost of going to an all in house chronograph movement.  However, keep in mind Rolex's Daytona has traditionally competed against Omega, IWC, Breitling, and again Rolex is large enough to easily deal with the cost of a new in house chrono movement.  AP and VC generally have competed against Patek and Breguet.  Patek didn't offer a chronograph Nautilus until they came out with their own movement....but look at its price...$51,000.  If you want an interesting comparison consider VC vs. Pateks high end chronograph of the past...the Historique Chronograph which listed for $17,000 in YG when production ended vs. the 5070 which used the same but more modified Lemania movement and had a list price of $28,800.  Once sales of the 5070 started to take off...VC (according to my former VC AD was pissed that PPs were selling for so much more).  So what happened...while the 5070 was still in production, VC ended production of the Historique chronograph and replaced it with a 5070 sized, larger cased Malte Chronograph (using the same Lemania movement as before)...but guess what happened...it arrived with an MSRP of around $33,000 to compete with 5070s which were then around $35,000.  If we consider this...and the fact that VC and AP see what PP is getting for a Nautilus Chrono....they may justify moving into the $50K range where Patek is by also having an in house movement.  I guess we will have to wait and see.  
Edited by Dino944 - 11/7/14 at 3:38pm
post #37802 of 48312
Great insight and information as always, Dino happy.gif
post #37803 of 48312
Quote:
Originally Posted by Keith T View Post

Always wanted to visit.

I understand their "store" is a bit underwhelming (dodgy even? is it upstairs?) ...but they really know their stuff.

They were not accepting any more visitors today. Glad I called...

I went elsewhere and tried on a bunch of stuff... Tudor Pelagos and Black Bay, some Montblancs, a few DJs again... and a 114060.

I made a huge mistake trying on the 114060.
post #37804 of 48312
Quote:
Originally Posted by wurger View Post

Great insight and information as always, Dino happy.gif

Thanks Wurger. Have a great weekend!
post #37805 of 48312
Quote:
Originally Posted by Dino944 View Post
 

Is there a 2nd piece that is incoming?  Whats the deal?  :lurk:

 

If Rolex Friday is a "Thing" then I'm violating the hell out of it by wearing this...

 

 

I'd take an Ultra-Thin day over any Rolex Friday. Well done.

post #37806 of 48312
Quote:
Originally Posted by papa kot View Post
 

 

 

I'd take an Ultra-Thin day over any Rolex Friday. Well done.

:cheers:  Thanks Papa Kot.

post #37807 of 48312
Quote:
Originally Posted by Hirsh View Post

Paid a large bill, works fine now💝💝💝

Gold watch broke again, claiming for a replacement through credit card protection

Will update
post #37808 of 48312
Quote:
Originally Posted by Mr. Moo View Post


I made a huge mistake trying on the 114060.

Can't go wrong with that! What did you think?
post #37809 of 48312
Quote:
Originally Posted by Mr. Moo View Post
I made a huge mistake trying on the 114060.

 

So when's it arriving? 

post #37810 of 48312
Quote:
Originally Posted by mimo View Post

And in the mean time, there's the Seiko 5 Military.  Which is totally cool.
I love mine. smile.gif



I would starve as a photographer.shog[1].gif
post #37811 of 48312
I really want that tan / sand coloured Seiko 5 military. Cool watches.
post #37812 of 48312

When I got one for my son, I found myself quite envious at how great it felt on the wrist.  He's kind of grown into it since.  It's a hell of a thing for $75-100!

 

 

(And I still love my OM).

post #37813 of 48312
Quote:
Originally Posted by Dino944 View Post

Yes, at least as of 3 days ago TC said  "And the AD has talked to RUSA twice about the specific order--the first time he was told it should go out in the next couple of days, and the second time he was told it had gone out and was given an ETA."  So its a Rolex...now the question is Daytona or Day-Date?  I'm thinking Daytona. 

Im guessing RG Day-Date II
post #37814 of 48312
Did someone say ultra-thin?

post #37815 of 48312
Nice!

Where did you get the strap from if you don't mind me asking?
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Styleforum › Forums › Men's Style › Classic Menswear › The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...)