Jomashop discounting the Apollo 11 50th Anniversary in Steel

larryganz

Ships in 6-10 weeks now.

padders

A dealer can legally sell it without warranty or cards to another dealer ie Joma but not an end user. As Kov said Omega can in fact trace the AD using the number. As long as Joma offer a warranty they can sell into Europe. Problem is to use the warranty you need to send or take the watch back to the US. Joma used to match the duration of the manufacturer warranty, not sure if that is the case here. Good luck getting your watch back through customs without paying VAT twice if you do need to send it to the USA for repair. Joma really works best for domestic customers.

Why do Joma do it? Well if they can buy it at 35-45% under list and sell it at 15% under list it makes for good business.

padders

Why do Joma do it? Well if they can buy it at 35-45% under list and sell it at 15% under list it makes for good business.

padders

I quite agree but that won’t matter. Now it’s discounted in the world’s biggest market the overs being paid will dry up. Joma are the kiss of death for residual value. I am no fan of Joma for the very reason you state and would only ever go grey market if the full Omega warranty were provided like the Euro greys provide.

kov

This is interesting. I hardly can imagine an AD having that much discount from Omega to allow 35-45% to Joma, on a LE. Or maybe the rules are different for a limited edition of almost 7000 pces 😁

BTW, even if Joma sold it at cost, it's already worth the move considering the traffic and the noise it has generated. 👍

padders

I suppose it’s quite possible they only had one in which case it may not make that big an impact in actual sales but it’ll knock speculator confidence if that cut price listing remains up and many watches may now go uncollected, particularly by those who just wanted a quick flip buck.

Picture it, you buy into the media hype that this is the most significant watch ever made, you get the call from your dealer saying you’re in luck and yours is waiting, you absent mindedly browse Joma for an hour and suddenly you feel you are paying nearly two thousand bucks over the top for a watch you aren’t really sure you want to keep. The result, you don’t collect and within a month these start showing up in dealer windows.

As many have said all along, buy it because you like it (or don’t because you don’t) and not because you assume it the golden ticket to riches. Prices will only go one way now.

padders

And yet you have flipped 2 already. Sounds like a pretty dumb move if it’s a dead cert to go up like you say.

EricCsN

Interesting to see how many is Jomashop really able to issue? 1 piece, 10 pieces, 100 pieces ? Or none and this is purely a gimmicky stunt to draw crowds to its website given there are sizeable lookers as evident on other websites. Counting your watches before they are delivered can lead to disappointment

repoman

Not surprised by this at all. There are a lot of these watches out there, flippers grabbed too many of them. Legit buyers are starting to get tired of waiting. Omega gives you a 3 year warranty on the piece right? So that's definitely worth something above and beyond a 1 year Jomashop warrranty. W.r.t. the warranty card missing, speaking only for myself, its the least valuable part of a complete package to me and If I could save $1500, yeah, I think I could live without a card and a year or two factory warrranty as the cost difference pays for a couple of additional services. I want to have the inner box most of all, and any COA, from there I want an original receipt of purchase as that helps tell a story as I hope any modern watch I buy will eventually become a vintage watch with an interesting story behind it. Hang tags are cool, and lastly the pictogram and warranty cards and the sleeve they come in. But that's just me. I expect to see more of these show up on Grey market, although I don't expect they will fall much below this price, i think this is the bottom.

W watchfisher

I agree with you 100%, though I’ve heard purchases from an OB won’t allow you to keep the hang tag. Something about them referencing the item sale to corporate (?)