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BREAKING NEWS - 50th Anniversary Apollo 11 in Steel Revealed

  1. JesterP May 27, 2019

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    I can see a patient man picking one of these up for £6500 possibly even 6000 in six to twelve months. Or mabey i could be wrong. Either way I don't really want one at the moment.
     
  2. To the moon May 27, 2019

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    This is too much of a blanket statement. Buy right and you can't lose. Example, if you buy a standard BMW 420i you will lose 40% in the 1st year on trade in. If you buy a Porsche GT RS, happy daze or a LA Ferrari £££ :thumbsup:
     
    CJpickup57 likes this.
  3. stevec14 May 27, 2019

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    Other way round. They pay less. Sorry.
     
  4. To the moon May 27, 2019

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    With selling a new ltd Omega you either have to be quick, or patient. I remember WF offering £1200 for an unworn Alaska only 3 years ago, probably get offered £1250 now from them! ;)
     
  5. Stufflers Mom May 27, 2019

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    No worries, that's what I thought you wanted to say.
     
  6. Stufflers Mom May 27, 2019

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    To be fair to them they have paid out almost double for the Pepsi GMT Rolex.
     
  7. stevec14 May 27, 2019

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    Yes, I think that’s right. I remember WF having 2 ultraman at £7,200. They sold one in the sale for £5,800, so you should get an idea where they bought it at (I suspect maximum rrp knowing they still like to make a profit). Even the ones here are struggling to make huge gains.

    I guess this watch may be different, but nearly 7,000 is a lot - but let’s see. If someone wishes to post their offer email from WF I’d be interested to see it. Maybe I’ll get a speculative one on mine (not that I have any interest in selling).
     
  8. Japanred May 27, 2019

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    I missed the boat because I wasn’t willing to pay for something that I couldn’t see in the flesh and try on. Same with cars; I would be hard pushed to buy something without seeing it in the flesh.

    I’m pretty sensible with money and no matter how hard I try I can’t change that in myself. My father in law says to just go for it and so does my wife. The money is sat in the bank doing nothing. It’s me that’s holding me back. I will Probably always be like this to Be honest.

    None of my watches are investments and it’s highly unlikely I will sell any of them. But I’ve got a bit of a mental block when it comes to throwing money down the drain.

    I’m going to ring some OB’s tomorrow to see if I get one of these :)
     
  9. txylee May 27, 2019

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    Well since you can get your deposit back if you don't like it, not sure how this is throwing money down the drain
     
  10. Kingkongsfinger May 27, 2019

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    Sent you an email back, let me know how you get on regarding contacting the OB toorrow.
     
  11. cfracing May 27, 2019

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    But what if I want a sport sedan? Is it buying "right" if I buy a car (watch) I don't want?
     
  12. Pepe Lucas May 27, 2019

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    You are correct, buy right and you can’t loose but also there are just few pieces or cars that you can buy new and not loose money on. My main point was not to look at this hobby as an investment.
     
    Edited May 27, 2019
    Lonestar likes this.
  13. To the moon May 27, 2019

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    In my humble opinion. If you enjoy high end horological pieces then I would imagine that you are a business person of some degree, as it's an expensive hobby which would mean that investment and money play a key factor in your life somewhere, and however hard we try to put a front on it nobody gets enjoyment from losing money. Investment doesn't have to be 1st in thought or purchase a piece for instant profit, but I for one am being honest when I say that it would most certainly take the shine of of the purchase if I was to lose too much money in the long run.
     
  14. Lonestar insert Schwartz joke HERE May 27, 2019

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    NON
    This means you buy with the intent of selling, which I would think is the wrong way of looking at it all. Instead, buy what you like and what you possibly see yourself wearing (very) long term and this argument becomes moot.

    Rule #1... again and again.

    The behaviour you're describing is a very different hobby that is called "investing in watches" . It's a perfectly acceptable pastime, but I don't think is representative of what most OF members are about. Some are, however - we have a few "pros" on the forum. But, again, I don't think they'll share their trade secrets with you here. In the absence of any insider/specialist knowledge, you're left with probably a 50/50 chance of seeing your purchase appreciate - or take a bath. Which means the only true value comes from enjoying your purchase itself...

    ...and we're back to Rule #1 :)
     
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  15. To the moon May 27, 2019

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    With all respect, I don't agree. Some of my pieces I do buy with profit in mind first and foremost, this makes my next purchase sweeter and may well be a piece that I love for a number of other reasons, but like my home that live in, share and enjoy with my family I didn't just buy it coz I loved it nor did I buy it with the thought of selling it for my initial monetary benefit, but I did buy well, with the hope that it would either benefit us in our retirement or help our children prosper in life. This goes with the majority of our materialistic purchases. If we can enjoy and prosper where's the harm in that? But this is just my opinion and if it works for me and my family then it is not wrong, as its personal. If the next person views there collection differently and it suits them then also, it is not wrong. But for individuals to force there view upon others and preach as to how they should purchase or collect well, I believe that is wrong. I understand this has and will be a topic for discussion and seems to be ongoing but is uppose what I'm trying to say is if it's your purchase and you purchase for whatever reason then it can't be wrong for you.
     
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  16. Pepe Lucas May 27, 2019

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    I really like watches. I have had some that I enjoy that cost me few bucks and some that are thousands of dollars. Don’t get me wrong, I don’t like loosing money and for the most part I have not. But my first question on buying a watch is if I like it and will wear it. Again, every body does it different and it doesn’t mean that they are wrong.
     
    Lonestar likes this.
  17. To the moon May 27, 2019

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    Well, I like the new 50th and I will wear it but if it loses money I will poke Omega in the eye .. Lol ;)
     
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  18. SouthernScot May 27, 2019

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    Been out of circulation for a while so missed this until now!
    I had been waiting expectantly for the steel 50th Anniversary and I do like the watch a lot, but at £7k+ and what amounts to an unlimited issue I will pass. I think I have come to realise that three Speedies are enough for me and I should look elsewhere to vary my small collection.
     
  19. JesterP May 27, 2019

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    I have bought loads of watches and liked all of them so rule 1 is accomplished. However I always have a good think about everything price condition etc and if I think it will lose a big chunk of its value I will be patient and wait for the bottom price or miss out if need be. That would not alter if I won the lottery. Everyone has their own way is my point I suppose. I think the 50th will lose value slightly and then increase in value in the next 5 or 6 years. But who cares it's not for me. All the best to those who love it.
     
  20. padders Oooo subtitles! May 27, 2019

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    You, Sir, are clearly smoking crack.