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zcrxsir88
·Thanks for the tip. I had done a little reading on the 9300 but missed the part where they jumped the case size. I'l have to go to an AD and check one out.
Just Joined the Speedy Club....for 24 hours :(
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dsio
··Ash @ ΩFThe Speedmaster 9300 is about 44.5mm as opposed to 42mm for the speedy pro, and a bit thicker, it makes it a fair bit heftier and more solid, definitely wears Panerai size but with more elegance.
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zcrxsir88
·I'm going to try and stop in by the Omega AD on my way back through London and check it out. Where I'm at in the world right now is nothing but replica watches. I started trying to keep an eye out for a used one, but haven't seen one yet. I guess still a little too new. Hopefully I will start to see them on the used market soon (I hate paying full price for anything 😉
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dsio
··Ash @ ΩFNot vouching for the seller per se as I don't know him but here's one 😀
http://omegaforums.net/threads/near-new-omega-speedmaster-moonwatch-co-axial-chronograph.843/
http://omegaforums.net/threads/near-new-omega-speedmaster-moonwatch-co-axial-chronograph.843/
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zcrxsir88
·Wow! 6,228! I know the co-axial is supposed to be a great movement, but wow. Pricey!
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MSNWatch
··Vintage Omega AficionadoThe MSRP for the cal. 9300 speedmaster with steel bracelet is $8700 USD and the prices of the new omegas are only going to go higher.
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zcrxsir88
·Holy cow. I know someone is supposed to buy a watch for the movement, but 8,700? I just don't see that being realistic. I can almost source a Rolex DeepSea for that price....or a used IWC Big Pilot.
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MSNWatch
··Vintage Omega AficionadoThat's actually the perception that omega is working to change - that their watches are on par with rolex and IWC. The general public perception (reinforced by the poorer resale values is that they are not) but objectively I believe they are factoring in style, build quality, movement execution including accuracy and design etc.
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zcrxsir88
·I know rolex just jumped up their prices recently and they are the 'hot' watches right now. Everyone wants a deep sea and Rolex has always held its value. IWC makes some beautiful watches, haven't ready much into the build quality.
I just can't stomach the price knowing I would 'probably' loose my arse on the deal. I called an Omega dealer one time and they even said..."Omega doesn't hold their value for crap'. Kind of a true statement...from what I can tell.
I just can't stomach the price knowing I would 'probably' loose my arse on the deal. I called an Omega dealer one time and they even said..."Omega doesn't hold their value for crap'. Kind of a true statement...from what I can tell.
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MSNWatch
··Vintage Omega AficionadoThe thing is Omega's main market is Asia (sell about 30% of their watches in China for instance) and not NA or Western Europe (though they are important markets they are not the main focus). I suspect the majority of people of buy watches a this price range ($5k or up) don't really care about the resale value at all.
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zcrxsir88
·Interesting perspective. I didn't know they were targeting Asia so heavily. I miss the days where companies would try to be the best value for the money...rather than trying to be the most expensive in attempt to prove their value.
I guess I'll have to wait and see how they do on the used market...Might be a couple years before I look at picking one up.
I guess I'll have to wait and see how they do on the used market...Might be a couple years before I look at picking one up.
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gatorcpa
··ΩF InvestiGatorI miss the days where companies would try to be the best value for the money...rather than trying to be the most expensive in attempt to prove their value.
That might have been true 50 years ago, when having a good watch was almost a necessity. A lot like having a good computer today. My home computer is on its last legs, and trust me, I'm suffering for it.
A mechanical watch is a true luxury item. Value for money is almost an oxymoron in this world. Take a look at the resale value of most luxury autos. It isn't pretty.
That's why I lease cars and buy vintage watches. Just about the only way to get any value for money.
Hope this helps,
gatorcpa
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MSNWatch
··Vintage Omega AficionadoI think the best value for money with cars is buy them slightly used (6-12 months old) with the extended factory warranty and then drive them until that warranty expires - usually 6 years/100,000 miles total.
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gatorcpa
··ΩF InvestiGatorI think the best value for money with cars is buy them slightly used (6-12 months old) with the extended factory warranty and then drive them until that warranty expires - usually 6 years/100,000 miles total.
In theory, you are correct. In practice, it's not so easy to find "slightly" used cars in good shape. Not many people trade cars every year. So you're getting either a vehicle repossessed from someone who couldn't afford it in the first place or a car with very high mileage for its age. You can cover yourself with the extended warranty, but that costs you a big chunk of the savings.
I'd rather put money into an asset that at least has the opportunity to appreciate, rather than one that I know will depreciate. With an auto lease, your costs are fixed. It's only a matter of whether you want to spend the money or not.
You certainly know a lot about Omega appreciation, MSN 😁
gatorcpa
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MSNWatch
··Vintage Omega AficionadoI agree about putting money in an appreciating rather than a depreciating asset. I may indulge in cars every now and again but am fully aware of the financial hit I am taking - vintage omegas are a much safer and really more enjoyable hobby to put money into.
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zcrxsir88
·Agree to all that. I think the stike zone is buying them slightly used after the Original owner has already take the deprecation hit his the the most bang for the buck, but it all kind of depends on how each watch is valued. Speedmasters seem to botom out around 2,500. I never would have expected at 1969 speedy to be only worth 2,500 when Omega is trying to throw them out the door at 4k+. Logic would say that a vintage 'rarer' edition would exceed the new ones...but that's just the Speedys. Rolex's almost go up in value after you buy them (currently), so I guess it just depends on the watch. I have sat and watched friend make money on watches, but they are very specific on which makes / models they buy.
I like the idea of buying the vintage watches more since the value has stabilized and there is a cooler story behind it. Too bad the co-axial is new 🙁 So I'll have to wait and see how the market handles that specific watch.
Its going to be interesting to see how the market handles this price change Omega is doing...
I like the idea of buying the vintage watches more since the value has stabilized and there is a cooler story behind it. Too bad the co-axial is new 🙁 So I'll have to wait and see how the market handles that specific watch.
Its going to be interesting to see how the market handles this price change Omega is doing...
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