Ireland - I just got the call for the Silver Snoopy 50th. I have the money, but I'm unemployed right now. Eek.

Posts
139
Likes
137
Turn it down.
Get your life in order. Get a job. Feel proud of yourself. Then buy a new watch to celebrate or reward yourself. A Snoopy or the thing you like by then.
You will enjoy the watch much more.
 
Posts
17
Likes
14
Your goal number one should be to get a new job. Invest spare money in reaching that goal. Will pay off in the long run.
 
Posts
1,039
Likes
7,936
You seem to be thinking impulsively and therefore, I have no doubt that you would regret that purchase in the future. I’d hold off.
 
Posts
147
Likes
158
What’s your risk appetite? What are your obligations apart from keeping yourself alive?

I wouldn’t for the snoopy. For the ED White maybe…

Edit: with no job and a family to support, I wouldn’t spend anything on unnecessary stuff
Edited:
 
Posts
10,439
Likes
16,320
I was offered a Snoopy by my local AD myself around 6 months ago. I declined since I didn't want to drop £10K on yet another Speedy and the fact these are now coming through means that the resale premium they once had has dried up. The AD confided that at least 3 others on the wait list had also said no so they are not as in demand as they once were. I am not rubbishing the watch which does have unique charm, but am in a round about way saying that unless you can afford to buy and keep it, you shouldn't IMO buy one now in the hope of making a quick buck. That ship has sailed, at least until they are discontinued anyhow.
 
Posts
88
Likes
65
Depends on a number of factors which the post doesn't detail - like your ability/prospects to get employed in the next 12 months, whether you have other watches you could sell to make up for it, etc.

But the fact that you felt the need to post this, makes me think you should probably avoid.
 
Posts
420
Likes
885
So, first of all thanks everyone for the advice. In particular those who advised NOT buying the watch - as objectively I think this was soundest advice. Not the advice I wanted to hear, but I recognise it was coming from the right place nevertheless.

Anyway, I bought the watch. Of course I did.

On balance, I think it's not a terrible decision. Perhaps not my best decision ever, but not terrible. Consider :

- I don't currently have any dependants, mortgage, rent, outstanding loans etc.

- In the event of some unforeseen and costly life event I can sell the watch for more or less what I paid for it.

- I'll shift a FOIS I've hardly worn to help take the sting out of the cost (I was going to sell this anyway).

- The dot is over 90.

It was my first VIP treatment at the point of purchase. Upstairs out of public view for the plush surround, champagne/whiskey offered (politely declined), and other trimmings. A "nice" experience if that sort of ritual floats your boat. And to be fair to Weirs the settings and staff were were lovely (surrounded by cases of high end vintage pieces). Personally though I'd not have blinked an eye had they not put in that effort.

It is absolutely gorgeous watch. Pics do not do the silver finish justice. I put it on the bracelet from my 3861 cal. regular Speedy. Time will tell with regards to the ownership experience.

Happy New Year Y'all!


Pics:

 
Posts
7,680
Likes
14,204
Congrats, now get a job. Two years unemployed is way too long even if you didn't have any real financial pressure. The longer you stay out of work the harder it is to get back in the game.
 
Posts
24,240
Likes
53,984
Congrats, now get a job. Two years unemployed is way too long even if you didn't have any real financial pressure. The longer you stay out of work the harder it is to get back in the game.
When I googled the redundancy payoff in Ireland, I found the explanation below. If it is correct, even after 25 years of employment, one would receive a maximum of 31,200 Euros. I found this to be interesting context for this thread.

 
Posts
420
Likes
885
When I googled the redundancy payoff in Ireland, I found the explanation below. If it is correct, even after 25 years of employment, one would receive a maximum of 31,200 Euros. I found this to be interesting context for this thread.


I am not going into more details on my particular circumstances, but I feel I should defend my country's honour here a little. You are interpreting this guidance wrong. 31k would actually be a statutory minimum payment from the company after 25 years of service. In other words that is the least a company can legally pay and expect to stay in business.

If the business fails and they cannot afford the redundancy payments, then the Irish government will pay this amount.
 
Posts
898
Likes
1,714
When I googled the redundancy payoff in Ireland, I found the explanation below. If it is correct, even after 25 years of employment, one would receive a maximum of 31,200 Euros. I found this to be interesting context for this thread.

I believe that the statutory minimum is a lump sum redundancy payment of two weeks salary per year service. In reality, companies pay far higher - I work in financial services and my company will pay six weeks redundancy per year service. Up to €200,000 is payable tax free.
 
Posts
2,979
Likes
8,731
No comment.
Edited:
 
Posts
236
Likes
277
There's me, with the money in the bank. questioning whether I should buy a used watch at around £4500-£5500 (3861 SS 2021+), and there's somebody unemployed getting this Snoopy. I don't think I'd have the balls, and if I did, they'd be snatched away by my wife anyway who'd categorically put a stop to it! 😅

All the power to you, but err on the side of caution - you need to get back to employment ASAP. If I were in your shoes, and struggling to get something, I'd speak with supermarkets about delivery jobs - a lot of the drivers I get are people who were made redundant during Covid and now do this as their full time job and they (mostly) love it.
 
Posts
79
Likes
47
I dont even give modern omegas (after 1979) a second clance so i would certainly pass on opportunity, but a few years ago a friend literally sold his snoopy straight away to someone who wanted one but did not have the inclination or patience to wait. And he made a very tidy profit from the deal as well... is this not an option to consider.
 
Posts
10,439
Likes
16,320
I dont even give modern omegas (after 1979) a second clance
More fool you then. Personally I tend to skip most of 70s and 80s, those for me were the dark ages but much of the more recent stuff is excellent.
so i would certainly pass on opportunity, but a few years ago a friend literally sold his snoopy straight away to someone who wanted one but did not have the inclination or patience to wait. And he made a very tidy profit from the deal as well... is this not an option to consider.
Not really, the overs have dried up. See my post above about them coming through more often now. You can get them around list now and I doubt you'd have to wait too long if you asked a boutique or AD for one at present. They may firm again if discontinued or replaced, perhaps by whatever is launched next Tuesday.
Edited:
 
Posts
79
Likes
47
I purchased my very first speedmaster in 1979 ( and still have it) so there is a reason why i restrict my collecting to pre 79 Foolish or not
 
Posts
10,439
Likes
16,320
I purchased my very first speedmaster in 1979 ( and still have it) so there is a reason why i restrict my collecting to pre 79 Foolish or not
Nice. I have an Omega pocket watch from around 1920 but I try to look past the urge to blank anything newer 😉