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ck2998 sells for loss on Ebay?

brny11
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Just shooting in the dark, but it is very possible that all of the potential buyers willing to pay top dollar are still waiting for the call from the AD. The true 2nd hand price will only trend accurately when all are gone. 2 possibilities...

supply & demand 101

1. After ADs run out, demand remains high and drives the price up with limited 2nd hand supply.

Or

2. Most of the original buyers were flippers who assumed number 1 would be the case and flood the market with too many 2nd hand offerings - thus too much supply driving price below retail.

It also might start out as number 2 in the short term and slowly trend towards number 1 as all the 2,998 pieces eventually find their way to collectors and enthusiasts.

I find it to be near impossible to predict the future value this early. I am not certain the anticipated value is lost for good. Maybe, just needs some time.


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U
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Why would anyone fall for the bogus "limited" release of these modern Speedmasters? The quantity produced is in no way limited. Just one more thing that makes me giggle. Guess the speculators' crystal balls were a bit foggy. "Reply hazy try again". 馃槣
 
brny11
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U ulackfocus
Why would anyone fall for the bogus "limited" release of these modern Speedmasters? The quantity produced is in no way limited. Just one more thing that makes me giggle. Guess the speculators' crystal balls were a bit foggy. "Reply hazy try again". 馃槣

I think aesthetically, this watch is a rock star. It has its short comings as a tribute to the original, but it is stunning. If more then 3k people want the watch, which I'd like to think is reasonable, then it may very well have future value.

I think your opinion is a bit reactive. Maybe you will end up being right, but I don't think owners should be discouraged. My personal opinion... this is one of sharpest looking watches in a line of the "most" celebrated and historical chronographs out there.

I almost pulled the trigger, but I have my heart set on DaytonaC white. But I do love this watch.


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U
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I think the watch looks great, and that says quite a bit coming from me. I like the colors, the symmetrical case, and the lollipop chrono hand.
 
Taddyangle
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This was the first new watch I have ever purchased. I have bought many used Omegas over the years, and only used. Used watches are generally 25-50% less than retail price.

With all that said, I simply fell in love with this watch at first sight and plan to pass it down as an heirloom. In other words, one that will never be sold. This is one of two watches that never get sold.

In 30+ years, look to see me selling a few watches. Ed White and Gemini4 will both be sold. Same with both Ploprofs. And I'm going to have one hell of a going away party.
 
themattedial
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The only LE I've pursued was the Mitsukoshi. So few of them ever come up for sale and the supply was so constrained.. I think it's a keeper and just a stunning design. Yes, there are a lot of redialed 3570.50s out there, but anyone claiming to have an original better have the B&P ready to back it up. Glad I snagged one such example.

There's something about the CK2998 that doesn't feel regularly wearable in the same way.
 
hamster
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One from every decade that you've lived... Now there's an idea!
Taddyangle Taddyangle
And to think, I paid about the same for my CK2998 (No tax on my purchase) as I did for my Ed White.

However, with all that said, I am on a quest to obtain a Speedmaster from each decade I have lived and this one fit the bill perfectly for my collection. I just need help finding an 80s era one I would enjoy to wear.

I was encouraged by the sale. Typical is a 30-40% loss once it leaves the showroom.
 
manivxr
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What's the mrsp for the watch in the USA?


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EatMan
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BruceTheManLee BruceTheManLee
$6500 USD
Plus state sales tax ranging 0 to 9%ish. Average about 7 - 8%, I guess so really about $7000 out of pocket.
 
manivxr
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BruceTheManLee BruceTheManLee
$6500 USD
Cheers Bruce. So it looks like the guy did not make a loss. Why does the thread state a loss has been made?Is the op making a point or is there some negativity around this thread ?

A bit confused......


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red1108nyc
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themattedial miacono001
The only LE I've pursued was the Mitsukoshi. So few of them ever come up for sale and the supply was so constrained.. I think it's a keeper and just a stunning design. Yes, there are a lot of redialed 3570.50s out there, but anyone claiming to have an original better have the B&P ready to back it up. Glad I snagged one such example.

There's something about the CK2998 that doesn't feel regularly wearable in the same way.

I knew I should not have sold my Mitsukoshi(s)!

As for CK-2998, I like the FOIS case and the blue. Maybe they will make one in grey or white... who cares? The blue on a bracelet is a rocking combination for me.. really enjoying this one.
IMG_4297.JPG
 
Smspectre
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For some reason people who don't like a watch or didn't get one like to see items lose money. Why I don't know, surely better for all if watches retain or go up in value Just my opinion.
 
Just Livin
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Maybe this is one case of where BREXIT actually adds some value.
In the UK the Retail price on the CK2998 was 4,100GBPs.
So approx $5,400 with the poor Exchange rate.
 
manivxr
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Smspectre Smspectre
For some reason people who don't like a watch or didn't get one like to see items lose money. Why I don't know, surely better for all if watches retain or go up in value Just my opinion.

Strange....I am of a similar opinion.
If I don't like a watch, I put it down to personal taste which is purely subjective. I can't see the point of knocking somebodies elses views on a subjective matter. Otherwise it may come across as "sour grapes."




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manivxr
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Just Livin Joe Apa
Maybe this is one case of where BREXIT actually adds some value.
In the UK the Retail price on the CK2998 was 4,100GBPs.
So approx $5,400 with the poor Exchange rate.

The ones on eBay.co.uk are being sold more than the uk omega rrp, so again where is the loss when people are making a 20+ percent on an authorised dealer?. Let's not forget there are omegas which you can pick up brand new at 20pc discount, so what is this saying about the miCKey and premium? Just a view....


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Just Livin
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manivxr manivxr
The ones on eBay.co.uk are being sold more than the uk omega rrp, so again where is the loss when people are making a 20+ percent on an authorised dealer?. Let's not forget there are omegas which you can pick up brand new at 20pc discount, so what is this saying about the miCKey and premium? Just a view....


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My point was really to factually express the UK position. In that, there really isn't a loss at all. Considering the purchase is $5400 I haven't seen any sell at below that. Now bear in mind I haven't seen many sell on Ebay either. The one that did I think was at 4600 GBPs.
Its way to early to judge anyway. Deliveries have yet to be complete.

I bought one because I loved the look of the watch. Now that I have received mine I absolutely love the look of the watch. Have seen many LE's trade at below MRSP. I think this one will stand up. But I haven't seen a loss position.
Either way. Plan on keeping mine and enjoying馃榾
 
manivxr
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Just Livin Joe Apa
My point was really to factually express the UK position. In that, there really isn't a loss at all. Considering the purchase is $5400 I haven't seen any sell at below that. Now bear in mind I haven't seen many sell on Ebay either. The one that did I think was at 4600 GBPs.
Its way to early to judge anyway. Deliveries have yet to be complete.

I bought one because I loved the look of the watch. Now that I have received mine I absolutely love the look of the watch. Have seen many LE's trade at below MRSP. I think this one will stand up. But I haven't seen a loss position.
Either way. Plan on keeping mine and enjoying馃榾


I hope my post did not come across as me at loggerheads with your comment. That wasn't my intention and I apologise if it looked like I was having a go. I was just highlighting that some omega models can be obtained at discounts whilst the miCKey on the face of it is selling at a premium on the grey market. Hence I can't see any losses myself.

I am with you that a watch is to be enjoyed so it really doesn't matter what happens to the price afterwards.

Enjoy and I hope I get to enjoy mine very soon.


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Just Livin
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manivxr manivxr
I hope my post did not come across as me at loggerheads with your comment. That wasn't my intention and I apologise if it looked like I was having a go. I was just highlighting that some omega models can be obtained at discounts whilst the miCKey on the face of it is selling at a premium on the grey market. Hence I can't see any losses myself.

I am with you that a watch is to be enjoyed so it really doesn't matter what happens to the price afterwards.

Enjoy and I hope I get to enjoy mine very soon.


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We're cool. Think we were on the same page just coming at it from different angles. Good luck with receiving yours. Have no doubt you will enjoy!馃憤
 
T
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I bought this watch not so much as an investment but just the number 2998 is iconic and I wish I had it, the lollipop second hand, and the fact that the face resembles the panda daytona....I figure I will enjoy it. If it maintains its value....all the better, if not, my kids inheritance just got smaller.
 
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