I'm all about making money and investing in watches if the right opportunity presents itself, but I find it funny the number of people that are trying to flip the $150 hodinkee swatch watch on ebay to make $50-$60 after fees. I guess that pays for dinner?

 

Stupid is as stupid does.

 

I have 10-15 watches which include a couple of Swatch, a Citizen Eco Drive that I bought less than 3 years ago for $320 and which is now not even worth $100 and so on.
The point is if I am able to sell them all for $50 on an average, I will have $500,..so why not ? That sarcasm in my opinion was uncalled for.. to each their own.

 

I don't think you understood the post. People are buying the Hodinkee Swatch limited edition, and trying to flip them for a $50-60 profit. The question being, why bother at that point?

 

Correct - that is what I meant. And while Hodinkee has an excellent track record, it was still pure speculation.

 

Id rather just have a Swatch Swatch.

 

oops.. gotcha! My bad..

 

I don’t get the sistem51. For that price the number of excellent Seiko and Orient watches that don’t have plastic movements that look great exist in large numbers.

 

Probably because it's Swiss, perhaps also because it's Swatch which has a bigger brand presence among the general public than Seiko or Orient.

I'm not a big fan of Swatch's designs, so the Sistem51 was always a nonstarter for me too

 

Plus, they're retailing the Hodinkee swatch at the NYC times square Swatch store...

 

Not worth the hassle for a 50 buck profit what idiots

 

Well, if you flip two watches a day at sixty bucks profit each, you have yourself a nice little income. No one ever became poorer by selling something for more than the price at which they bought it.

 

True - but don't forget that these went up for sale in an unnumbered limited production run. It's not like people knew where the secondary market would fall ahead of time.
So to buy several swatches on speculation in hopes that you could maybe make 40-80 bucks a watch seems silly.
I guess worst case you'd be stuck with several swatches. Worse things have happened?

I also would not be surprised though to see several non-limited variations in the near future.

 

Two watches a day with a $60 profit each? Why not? I'll get right on that, as soon as I corral all the monkeys flying out of my butt.