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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 2618post #39256 of 4831212/24/14 at 3:07pmpost #39257 of 4831212/24/14 at 7:03pmpost #39258 of 4831212/24/14 at 7:12pmpost #39259 of 4831212/24/14 at 7:26pmpost #39260 of 4831212/24/14 at 7:52pmQuote:Originally Posted by in stitchesQuote:Originally Posted by Tried and True
I was quoted 500USD to repair a Patek chronograph circa 1990. It was working but not resetting precisely to zero. It wasn't really bugging me so I put the repair on the back burner (as is my wont with minor watch repairs.) Some months later I happened to be wearing the watch while visiting The Time Museum and mentioned the repair quote to Seth Atwood. He gave it to one of the museum's watchmakers (could have been George Daniels) and it was fixed and back on my wrist in around 15-20 minutes. Me thinks those high end service departments produce a healthy revenue stream.
Well, yes and no. While its possible that many fixes are a simple tinker, I would bet that per their standards, every watch that comes in gets opened up and fully checked, and then fixed, and then timed and monitored, and then returned.
Does that mean that more man hours and costs are expended on certain fixes? Probably, but they have to have a consistent system and they have to cover their behinds.
Just think in your case, if in 2 weeks the problem returned, which happens often with watches that are not 100% fixed right, you would have shrugged it off as the fix was free. But if you just sent it to PP, paid hundreds or even thousands of dollars, and waited a few months for it to completed, youd be ranting and raving. To make sure that does not happen, they have to treat each repair as if its a serious issue and give it the full QC rigamarole.
Lastly, not everyone happens upon George Daniels to fix their PP, or what have you watch, for free.
I could be biased as I work with watches and jewelry and I see this from the other side of the counter, but I know what goes into a lot these things and the various nuances and potential issues, and all too often I feel people are quick to pull the accusatory trigger, and claim that the manufactures are taking advantage at every step.
Do they make a lot of money? Sure they do. They are in the business world, not the public service sector. While they all have history and want to make great product, in the end of the day they are all businesses, no different than if they were making airplane components. They employee thousands of people who reply on them for a living, and the higher ups are in major positions that command hefty salaries.
That being said, I do not feel that in the vast majority cases they are deliberately being dishonest or finding ways to over charge. Are there bad apples? Of course, and even with the good apples some people have a bad experience, but for the great majority they are doing their best to make great product, which is not easy or cheap and the competition is vast and aggressive, service their product as best they can, be as fair as they can, and drive a thriving and profitable business.
Never forget that very last part. If you think they are there simply to service you out of the kindness of their hearts and for the perpetuity of they prestigious history, you are sorely mistaken, and will likely have something to be angry about. There are two sides to most coins.
+1,000 Stitchy.Quote:Originally Posted by jbarwickQuote:
Like when Frilly lost his platinum pusher cap. Watch was sent to PP and his guy didn't charge him though I assume Frilly has bought multiple pieces from said vendor.
Yup. And I saw that bill. Close to $1,000.post #39261 of 4831212/24/14 at 10:52pmpost #39262 of 4831212/24/14 at 10:55pmpost #39263 of 4831212/25/14 at 3:34ampost #39264 of 4831212/25/14 at 4:42ampost #39265 of 4831212/25/14 at 6:34ampost #39266 of 4831212/25/14 at 9:24am
I'm hoping for a little advice regarding the JLC Perpetual Ultra Thin. I'm considering the steel and white gold versions (in pic above, white gold is on left, steel on right). I'd love to own a white gold watch, but the steel seems more practical and is obviously a better value, price-wise. Retail on the steel is ~$21,000, on the white gold ~$36,000). Originally, I was only considering the steel version, due to price, but as noted below, due to several factors the white gold price is pretty compelling.
Cost aside, I think I prefer the white gold face/dial combination. It is more legible due to the darker hour markers and hands and I like the graining of the white face. However, I do like the subtlety of the steel's grey face and silver hands. I only wish the hands on the steel version where a bit more legible (they tend to blend in with the face). Steel is much more durable on a day-to-day basis, and obviously, the price is significantly less.
Here is the rub for me: I can get either version at a significant discount off list from a European AD, mainly due to a discount, as well as the VAT refund and strong dollar when buying from Europe and bringing home to the US. The total savings for the steel version is about 20-22% off list, but the total savings for the white gold would be 30-32% off list. At the end of the day, the WG version would only be about $7k more than the steel (basically, a 50% premium in price over the steel version), and for that $7k I'd be getting a gold case and much better legibility and a beautiful face. On the other hand, that $7k is no small amount of money, and I could use it for other purposes.
The steel version's out-the-door discounted price is compelling, because there is generally no discount available on it due to boutique pricing. But the white gold version's out-the-door price is only about $2,500 more than the steel's list price. I'd love to own a white gold watch, especially with that grained dial, but I'm not sure I want to spend an additional $7,000 (on an out-the-door basis) just for the gold and nicer face.
This watch is made in three versions (the third is rose gold, which is priced a bit less than the white gold). The rose gold is the best selling of the three. The steel is limited to JLC boutiques only, and is made in very limited quantities. From what I understand from a JLC rep, the steel is the rarest in terms of quantity produced, and is in high demand for that reason and because it is so affordable (relatively speaking). The white gold is second rarest, rarer than the rose gold, due to the higher price and the fact that most folks who want gold want rose or yellow gold, since it is more obviously a precious metal. Resale-wise, the steel would probably hold its value more (as a percentage of its out-the-door price), since the discounted price is so much lower than list, as a boutique-only version it is almost never discounted and because it is produced in such limited quantities. Should this factor into my decision?
Any advice/input/thoughts appreciated.
Edited by gopherblue - 12/25/14 at 10:09ampost #39267 of 4831212/25/14 at 9:54amReading between the lines I think that you really want the WG, and if you bought the steel you would save some dough but in a while you would wish you had the WG for the reasons you outline above. Depends on your financial circumstances, but I feel you leaning towards the WG.
Good luck with what you choose.
Happy holidays Twatters.post #39268 of 4831212/25/14 at 12:32pmpost #39269 of 4831212/25/14 at 12:35pmQuote:
It is a very nice watch indeed. agree it looks better in the brown strap but I live in a hot climate so prefer to wear rubber with my sports watches, in general.
It found a new home - passed to a good buddy of mine. He currently enjoys it more than I do, one down in my infrequently worn watches and can always repurchase / trade with something he likes if I have the urge to own again. ( I have a history of buying same watches a few times!)post #39270 of 4831212/25/14 at 12:39pm
@gopherblue If you really want the ultra-thin JLC perpetual, then buy it in the metal you prefer most. Most people look at their watch several times a day, so if you are spending close to $20K or more it should be for the watch you like the most. I've owned a white gold watch, and I probably wouldn't buy one again. In the end, the difference between the steel and the WG wasn't significant enough in terms of appearance and for me it always felt like a lot of money tied up in a watch that looked too similar to its steel sibling. The only white metal I would consider besides steel is platinum just because I love the heft and properties such as being more durable than gold and also when polished it loses almost not metal, while gold is quite soft and over time can lose a lot of metal with polishings. Also, I would ask if the price difference between the WG and the rose, is because the WG has a rhodium plating. Rhodium is a precious metal that some watch companies use to plate WG to make it look whiter than it is (its often a grayish color in many alloys that jewelers and watch companies use, although some companies no longer plate watches in rhodium). I don't like rhodium plating because over time it can be chipped off and the watch may need replating which is a hassle and expensive.
JLC offers some great complications at a great price. However, don't buy it based on resale value, or perceived scarcity/rareness of a certain metal relative to the others. I really love JLCs particularly the Reversos, but I would be hard pressed to spend more than say $15K prior to a discount knowing that they really don't have very good resale. In fact, I know some of our regulars don't care for the story, but a friend of mine has a rare platinum JLC Master Antoine 8 day reserve (only 200 produced). He thought about selling it and he couldn't easily find a buyer at a reasonable price. In fact one store said to him, they would buy PP, AP, VC, Lange, Rolex, and Cartier because those sell relatively easily to his high end clientele. He said JLC, is a nice watch but he wouldn't even bother to make an offer to buy it because there just isn't a great secondary market for higher end JLCs, so most owners take a bath if they go to sell one. Only sharing that story so that you understand with a JLC low production or limited quantities don't mean all that much with this brand, if you were mentioning it above relative to resale or ability to accrue in value.
In any event, if you are in love with a JLC I would either get the steel and limit my investment in a JLC, or get the rose as it will look like gold rather than steel. Wishing you luck on your journey.
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