To the moon
·You, Sir, are clearly smoking crack.
Oh, sorry.... SmokingPlease consider donating to help offset our high running costs.
You, Sir, are clearly smoking crack.
Oh, sorry.... SmokingOh, sorry.... Smoking
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.
I think you bring up an interesting point in passing that others have also done previously, and that is the "Limited Edition" run of 6,969 watches for this version of the 50th Anniversary Speedmaster. What number would make you happier ... 100? 1,000? worldwide.
Suppose this version was all stainless and had the 321 instead. Would you be happier because it truly would be a limited edition, but now you have a less than 0.001% chance of buying one?
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 😀
It doesn’t matter what it’s worth or how much it will loose.
Buy it if you love it. Otherwise, why bother. The things you love are always priceless.
I’m not rich enough to have this way of thinking unfortunately. Not many people can afford to buy things and not consider how much money it will lose. You are very fortunate if you can.
Sorry Lonestar I disagree. I completely agree with To The Moon on this.
Next year both of my/our mortgages will be paid off and I plan to sell the 911 and buy something a little more exotic.
I could spend £200k on a car which would be worth £100k in a few years OR I could buy a different car for £200k that will hold its value better. I don’t think it’s wrong to consider depreciation when factoring in the cost of car ownership and likewise I don’t think it’s wrong to do this with watches too. Just because I’m buying a car (or watch) with both head and heart doesn’t mean it’s buying to invest.
I should get back more or less what I paid for my 911 and I’ve owned it 5 years. It doesn’t make it an investment. It was bought for weekend fun and I had no idea about residuals when I purchased it.
The markers are something I noticed that popped and are something different. Like the cut out for the lume
Picture stolen from below ( and @Robert-Jan 😉 )
https://www.fratellowatches.com/omega-steel-speedmaster-apollo-11-50th-anniversary/
Returning to the watch and away from the ramping and deramping for a moment, yes that does look good. They have done block markers on other models but not as smoothly as that. Below is the block marker used on the Co-ax broad arrow. A lovely dial but the lume looks like a bit of an afterthought vs this new style marker.
Let’s get back to the watch itself.