Buy the Ed White 321 before its too late

They are only making about 1000-2000 321s a year anyway and that’s for gold, platinum and whatever else there is. The 321 was always going to be short supply

You won’t see many on Chrono24 as who is flipping a watch you had to wait nearly a year for.

16 on Chrono24 is just profiting off availability at the moment.

Also if I walked into Omega and asked for a 321 and walked next door and asked Rolex for a Daytona….. I know which I would get first.

Comparing Omega to Rolex availability is Apples to Oranges

It all depends if one really wants an Ed White 321 for their collection. If you do then it is probably a wise idea to go grey market at this time, its premium right now is well below the premiums charged for other hot releases over the last few years. What this means for retention of value long term is unknown, but it is not likely to go down in value if it is sold in the future. I count 19 BNIB Ed Whites on Chrono24 ranging in price from US$21k to US$28k, with an average about US$22k. That's about a 1.55X premium over MSRP, not insignificant but well below other premiums for Omega's 'special' watches over the last few years.

A mint/excellent condition Speedy Tuesday #1 goes for about 2X its original price, a BNIB Speedy Tuesday #2 goes for about a 2.5X premium. And we all know what crazy prices the latest Snoopy are pulling. These are all ASKING prices so final sale prices may be less,but are indicative of the relative premiums these watches are fetching.

What's it all mean? I think the Ed White 321 is not yet recognized by the marketplace, they are still jazzed up on Snoopy and the other always unobtainable watches from Rolex. There will NEVER be that many new 321 watches made, I don't believe this will be a long term staple in Omega's catalogue. I can see about a five year run with around 7,500 total watches over the various models, then they will close the production. This was a halo product to show they could do it and to tie it in to the new 3861 Speedmasters which are their future. The only non-METAS Speedmasters made now are the 321 and the Apollo 8/Alinghi models and those last two won't be around that much longer, imo.

Bottom line, if you want an Ed White 321 for your collection to wear and enjoy they won't be getting any cheaper, and could well become more expensive when reality sets in and the collector market wakes up.

321 will be not a problem at all get 2 purposed in OB without the new « high profile customers » , actually OB director can still allocate the watch on his own .

Watches for investment purposes is only viable if you have multiples of all the desirable types over a period of a few years and move in and out of them taking the profit. There is more money trading second hand cars from your front lawn and a larger appeal to the general population than the niche market luxury watches are in.

Most of us on this forum have real world investments that we focus on making a benefit with that will set us up for a comfortable retirement while still possessing our watches.

If you posted sense, we wouldn't have to flame you, Otherwise, jog on...

Watches as investments. How truly boring.
😁

It's not so much of watches being investments but buying what you like, with the probability that it is not going to depreciate like a new car driven off the lot. No one enjoys buying a watch for X and then finding it's only worth 1/2X when you want to liquidate it five years down the road. I doubt the Ed White 321 will do that which makes it easier to plonk down the money to get one on your wrist.

Be patient. All the bubbles are about to burst. Have a look at the actual world around you, as opposed to chrono24.

Right on @Dan S, just look at the price depreciation on ceramic Rolex in the last few months.

I happen to like the 321 and am on the ‘list’ to get one. If it happens, great, if not I’ll move on to next watch on my wishlist...

Not sure if you are being sarcastic here or not, but it is a fact that prices on steel sports Rolex watches are softening fast. The bubble is bursting on the massive premiums over RRP that were once the norm, Dan is indeed right.

No sarcasm intended, there is appreciable price decline in modern Rolex being observed over the past few months. It’s an artifact of world events as well as the current economic state. I’m sure this will impact 321’s and all other sought after references.

People are dreaming if they think there is about to be a mega crash in coveted watches. No one is ever going to be able to walk into a Rolex dealer and buy a steel Daytona, or even buy one on the grey market, for anything close to list price. We are getting some much needed price corrections, but not a crash in the long term trend for watches that people want. The market got ahead of itself, but it will correct itself.

I'd be hard pressed to disagree with the idea that the most expensive watch you will ever own is the one you buy instead of the one you want. Some quote I stole from somewhere, ergo: what @TheGreatKat said.