Originally Posted by DerekS
^^ I remember years ago reading about a guy on the rolex forum that sent his vintage 5513 in for a service...had a gorgeous patina'd dial...when he got it back, it had a brand new dial. Man, i honestly think id kill someone for fucking up my watch like that.
Sounds like justifiable homicide. I heard about that happening ...man, I'd just have get you and a few of my other watch buddies on the jury!
Originally Posted by in stitches
good points as always, dino. the only thing that i dont fully agree on is the back. the smaller movement does not really bother me all that much, and with a pretty movement as this watch had, i would opt to be able to see it, even though it is clearly smaller than the case size should dictate.
but what i really want to focus on is the bold, because it hits on something i was wondering today.
...if you did that, do you think you would have the same watches in your stable, or do you think you would have something else?
im not saying that this would prove we make bad decisions or are untrue to ourselves. quite the opposite, i think the way we look at watches here in the TWAT is great, and id never want it any other way. its a different type of vantage point with different objectives and desires, and its just as fair and sensible as the less concerned/informed buyer. there is no wrong answer or wrong way to make ones personal purchase decisions. i just wonder if our decisions would be the same if we took some of our more nuanced bullet points of our lists.
ill try and answer this for myself later, but i need to mull it over more to give an intellectually honest answer.
A large case with older small movement always bothers me, but that just means there are fewer pieces you and I have to get into steel cage match to see who gets it
To be honest, I don't think my collection would really change much or at all taking whether I took resale value into account or not. Yes, its a good feeling to know that your watch has retained a large percentage of its purchase price. It may also make Mrs. Dino feel better about my having a watch collection. Still, I bought what I liked, and many of the factors involved in the purchase were history of a brand or design, quality, versatility, and whether such a piece would add something interesting to my collection. For example, I bought Rolex watches because of their quality, design, history, movement, versatility for my lifestyle, and price. Something like Panerai has great resale value, and many of the same attributes I've mentioned for Rolex. However, in many of their "Lower priced" watches the Unitas & ETA movements bothered me. Its a great watch and I don't say that about the movement to disparage the brand, but merely because one of my favorite SA's used to always try to get me to consider one saying they are as rugged as a Rolex, different styling and great resale value. A design or brand either works for me or it doesn't.
In addition, Patek makes a great watch, it has better resale value than most comparable VCs. Yet, I just wasn't interested in the Calatrava (which was in my budget years ago). I really preferred the designs of my Historiques Carree and my 1972 (Asymmetric). The Calatrava is legendary and a great watch, but I just wanted something completely different from what were my daily wearers, which were round, so I chose non-round watches. Maybe someone with more sense would have bought 2 Calatravas and maybe they would be worth more than my VCs, but I really like my VCs. I made my purchase knowing that a PP would probably retain more of its original purchase price, but I was just so enamored with the VC designs which I found to be a bit more lively and younger looking (to me) that I went for the VCs.
I don't think there is anything wrong with considering resale value as part of a purchase. No one wants to spend good money to hear that their high end watch is worth the same as a casio/timex etc. I think when I was younger and maybe would need to trade 1 watch to get the next it might have made more of a difference to me, but it was not one of the main factors in my choice of watches. I just think the resale value should can be a collateral factor to consider but it should not be the major factor in deciding which watch to buy. People and trends are fickle. Pateks weren't always fetching what they do today, and maybe years from now it will change and some other brand will be the perceived top dog. If you buy what you like, no matter what happens with the value you will be happy because its a watch you chose for your self and have enjoyed. Its just some icing on the cake if it maintains or accrues in value.
Originally Posted by CHRK33
All this (extremely thought-provoking) discussion around resale value prompted me to seek some advice from my fellow TWAT experts - I have been considering the following limited edition VC Overseas Chronograph (being first generation Greek in the U.S. it really speaks to me):
Retail on the watch was close to 15K euros - what do you folks think might be reasonable on the secondary market for a NIB with all papers, plastics on, and open warranty card?
Not really sure how the VC Overseas Chronograph does on the secondary market, so would love any insight.
As always, thanks in advance.
I think the biggest factor in price will be availability. I've seen limited editions, that although limited were quite easy to obtain, even a year or two out of production. While it may not be the most accurate way to gauge price on the "Greek Edition" is to look for auction results of other limited edition Overseas they have made in recent years. They have made limited editions, that are basically the same color watch with a different color dial, several times now (maybe VC is following AP's lead with all the Offshore Chronograph limited editions).
I like VC, I own 2 of them, but I can't say the current Overseas line has been one of my favorite designs from them. I did try a few on, and it I didn't like how it sat on my wrist. Also, while I understand the purpose of the varying sizes of subdials, they bother me. You definitely need to try one on in person, even a standard model and see how you feel about it.
Something to be careful about is sometimes watches made for a certain market, can have a limited appeal to collectors. It may have great appeal in Greece, but I do not know if it will the same appeal outside of Greece, unless there is something different other than dial color. For instance, if it were the only Overseas offered in Platinum...well that would add some significance to the model beyond it being for the Greek market. That's not to say only Greek people would find the color scheme attractive, they may (I like blue dials and I'm not Greek). However, whether a Japanese or South American collector would have an interest in the Greek Overseas, I am not sure. I think you just need to be careful that you don't get oversold regarding price, because someone is playing the "Its a limited edition card." Just playing devils advocate.
Originally Posted by Omega Male
Is it just me, or is this guy leaning in?
Can't tell what (else) he's wearing. Gold Day-Date?
Can you blame him? Yes, Arnold is well known for wearing a gold Day-Date (there are numerous ads showing him and Jack wearing Day-Dates).
Originally Posted by mimo
I've just had some mixed experiences when putting things I like in principle from pictures and specifications, on my wrist for the first time. Some were outstanding, some were disappointing. Some I'd never have thought of, spoke to me in a way I never expected. Have you ever seen one of these and put it on? Or if not, perhaps put on another VC Overseas chrono to at least see how the weight, style and shape sit with you - especially if you can find one with a similarly made strap. I'd recommend it most highly.
Definitely try on an Overseas before pulling the trigger. Although, I realize part of the appeal is its for the Greek market, I've always preferred the previous model of Overseas (but there is no Greek market version of that watch).