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Answering The “Dirty” Question — Is An Omega Speedmaster A Good Investment?
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Larry S
··Color Commentator for the Hyperbole.Were I to sell my crappy 2998-6 and my chocolate 145.22.69, I’d possibly have more money than I paid, but I’d not have them so, I’d be sad.
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Archer
··Omega Qualified WatchmakerYeah, nobody ever asks about value here 😁
Just my view here, so not saying it should be everyone's...
There are value conversations, and then there a value conversations.
Someone posting a vintage watch and asking about condition and if the pricing is appropriate is one thing, and IMO perfectly in keeping with this forum.
Someone asking "is this a good investment" is another thing entirely, and I would say not in keeping with this forum.
I am personally just fine with the former, but have no use for the latter.
Cheers, Al
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tyrantlizardrex
·I’d say it’s not a dirty question - just a really stupid one.
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Badwolf
·Just my view here, so not saying it should be everyone's...
There are value conversations, and then there a value conversations.
Someone posting a vintage watch and asking about condition and if the pricing is appropriate is one thing, and IMO perfectly in keeping with this forum.
Someone asking "is this a good investment" is another thing entirely, and I would say not in keeping with this forum.
I am personally just fine with the former, but have no use for the latter.
Cheers, Al
I do agree. Although, I’m not fond of people joining for a free valuation who have not attempted any research. Some have responded poorly after getting an appraisal that didn’t suit them. In a recent thread, the poster seemed to take it as a personal attack when it was a fair and detailed assessment. Taking offence at free advice is poor form.
I’m all for advising on purchase prices, insurance values etc. That’s particularly helpful on the vintage or rare stuff.
Investment advice, totally not for this forum, as you say.
Cheers, Jim
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Omegafanman
·I’d say it’s not a dirty question - just a really stupid one.
A surprising number of mainstream UK pension funds now have song royalties as an extra string to their bow..
Low returns do prompt a search for innovative investments....whisky is already investable - maybe a watch fund will follow........
For mr and mrs normal it is reasonable that people who are not yet fully blown watch nerds look for validation / information before spending relatively huge sums on their first quality wristwatch. On the whole / in the round and with inflations help it does not seem a bad bet over the long term and gives a lot of satisfaction, plus something tangible to pass onto the next generation.
.
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Archer
··Omega Qualified WatchmakerA surprising number of mainstream UK pension funds now have song royalties as an extra string to their bow..
Low returns do prompt a search for innovative investments....whisky is already investable - maybe a watch fund will follow........
There have already been watch funds...I recall someone posting about one a couple of years ago. Songs you can collect royalties from allowing their use, watches you can only cash in when you sell them, so it's not really comparable.
For mr and mrs normal it is reasonable that people who are not yet fully blown watch nerds look for validation / information before spending relatively huge sums on their first quality wristwatch.
If people are looking to make sure they are not overpaying, again that's fine with me. If they are looking for an investment, or to be sure they won't "lose" money, then they probably shouldn't be buying the watch.
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Omegafanman
·There have already been watch funds...I recall someone posting about one a couple of years ago. Songs you can collect royalties from allowing their use, watches you can only cash in when you sell them, so it's not really comparable.
If people are looking to make sure they are not overpaying, again that's fine with me. If they are looking for an investment, or to be sure they won't "lose" money, then they probably shouldn't be buying the watch.
I picked music as for music and sport I hear a lot of discussions that both are being for being spoilt as more big money and investment gets a hold. I guess there are parallels if more people are only interested in watches as an investment value / commodity. There are investment vehicles that only have a surrender value and physical gold for example does not pay a dividend. Whiskey and wine investments also rely on appreciation of the asset without necessarily needing you to truly appreciate the product. Trying to buy watches purely as a financial investment does not make much sense to me and takes a lot away from the fun and passion of watch collecting in my view. Like classic cars you also have a cost of ownership element to a degree.
For Mr and Ms average owing a good watch is a nice experience and it makes sense to know what the items you own are worth. Also a good watch always tends to hold some value / some do appreciate as we know. When you buy a holiday or a good dinner the money is gone (but not the memory) on that basis a watch is not a bad way to spend your money compared to many options and can be a priceless family legacy - so a sound personal investment.
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STANDY
··schizophrenic pizza orderer and watch collectorok. thanks for posting this & correcting my understanding.....
Had no idea about FW helping out OF but I do now. Thanks.
You got it backwards OF is helping out FW 😉
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STANDY
··schizophrenic pizza orderer and watch collectorCome on a TIn Tin is only a investment…. Who wants to wear ratatouille’s table cloth
All about ones taste 😗
Picture curiosity of https://www.fratellowatches.com/speedy-tuesday-omega-speedmaster-pro-tintin/
Can't stand it, looks like the Ratatouille Speedmaster to me. The red and white look like a tablecloth or a poker chip. Dunno just me
Can't work it out same as multicoloured NATOs
( can I write NATO or does that guy on eBay own the word NATO now or still ? ! How would you pay this guy for everytime you wrote NATO ? )
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Watch my Whisky
·Good thread. Great thread.
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Duquephart
·I would agree that the 145.022 and the 3590.50 models probably offer the best potential for price appreciation in the coming years. That being said, I certainly wouldn't rely on Chrono24 to accurately gauge what a fair price range is for any watch, Speedmasters included.
"Any watch" would include Speedmasters.
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Scarecrow Boat
··Burt Macklin, FBICome on a TIn Tin is only a investment
https://omegaforums.net/threads/omega-tintin-needs-repair.143423/
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Scooterino36
·I don't understand what an article like this is trying to achieve. Are they trying to attract the investor hoard towards a previously ignored segment? Horrible if so. Or is this just sponsored content for Chrono24?
Either way, unless your metric is "return on investment", I don't see how articles like these serve the Speedmaster collector community.
Either way, unless your metric is "return on investment", I don't see how articles like these serve the Speedmaster collector community.
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tyrantlizardrex
·"I must admit, an Omega Speedmaster can be a very good investment. But that’s mainly because I bought many of mine a long time ago."
So basically luck and timing play a huge part in success, rather than knowledge or skill.
Sounds like a really shitty investment strategy.
So basically luck and timing play a huge part in success, rather than knowledge or skill.
Sounds like a really shitty investment strategy.
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STANDY
··schizophrenic pizza orderer and watch collectorI don't understand what an article like this is trying to achieve. Are they trying to attract the investor hoard towards a previously ignored segment? Horrible if so. Or is this just sponsored content for Chrono24?
Either way, unless your metric is "return on investment", I don't see how articles like these serve the Speedmaster collector community.
As mentioned….Answer the 20 questions a day they get by the is a Speedmaster an investment.
If I had a dollar for all the PMs from newbies asking if a watch is a good investment rather than is this a redial. (Which 8/10 it is a redial)
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SpeedyPhill
·I would agree that the 145.022 and the 3590.50 models probably offer the best potential for price appreciation in the coming years. That being said, I certainly wouldn't rely on Chrono24 to accurately gauge what a fair price range is for any watch, Speedmasters included.
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hen
·We are horology munks, we dont care about mundane stuff like money. Its just a coincident that the watches we love cost a arm and a leg.
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