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Edgeworth
·I just started getting into Omega this year. Prior to that I was a sub-$1000 watch buyer.
I like to get a “good deal” or at least feel like I did. I mean, it also has to be a watch I love. I’m not going to buy a watch that I don’t love because it’s a great deal.
I measure a great deal for Omega by comparing price to recommended retail. For some brands, RRP is meaningless, but I suspect that most Omegas start their run at OBs by selling for RRP maybe minus 10%. Omega doesn’t play games with RRP like some other brands.
Of course, RRP doesn’t equal market value, especially for older models. Some sell for much less, some rare models for much more. Still, my goal is to find a recent model that is 40% below RRP.
My first Omega was a 38.5mm Aqua Terra “Good Planet” on a nylon strap. 2016 release. This is a titanium case watch, RRP at $7700, but for whatever reason it’s easy to find gray market for around 4500. Maybe it was overproduced or maybe it just wasn’t a good seller. I got mine from Watchmaxx. Offered 4200 and they accepted the offer. I love having a grade 5 Ti watch at that price point.
My second Omega I got used from Crown and Caliber in excellent condition but no box or papers. 38mm gold Connie day-date, produced between 2012-15 with RRP of 12.2k. It started at 6.6k then went on clearance and I eventually got for 4150. I love it, it looks beautiful and keeps great time. I will likely get it serviced next summer even if it’s still problem free - just for piece of mind.
Thing is, I never would have paid anything close to 12.2k for a watch in 2012-15. But now I have that watch on my wrist and it’s a very special thing, even if the current market value of this model is much less.
One caveat to my strategy: I only buy from a gray market or a used dealer whom I trust. I won’t take a risk even for a great deal.
I like to get a “good deal” or at least feel like I did. I mean, it also has to be a watch I love. I’m not going to buy a watch that I don’t love because it’s a great deal.
I measure a great deal for Omega by comparing price to recommended retail. For some brands, RRP is meaningless, but I suspect that most Omegas start their run at OBs by selling for RRP maybe minus 10%. Omega doesn’t play games with RRP like some other brands.
Of course, RRP doesn’t equal market value, especially for older models. Some sell for much less, some rare models for much more. Still, my goal is to find a recent model that is 40% below RRP.
My first Omega was a 38.5mm Aqua Terra “Good Planet” on a nylon strap. 2016 release. This is a titanium case watch, RRP at $7700, but for whatever reason it’s easy to find gray market for around 4500. Maybe it was overproduced or maybe it just wasn’t a good seller. I got mine from Watchmaxx. Offered 4200 and they accepted the offer. I love having a grade 5 Ti watch at that price point.
My second Omega I got used from Crown and Caliber in excellent condition but no box or papers. 38mm gold Connie day-date, produced between 2012-15 with RRP of 12.2k. It started at 6.6k then went on clearance and I eventually got for 4150. I love it, it looks beautiful and keeps great time. I will likely get it serviced next summer even if it’s still problem free - just for piece of mind.
Thing is, I never would have paid anything close to 12.2k for a watch in 2012-15. But now I have that watch on my wrist and it’s a very special thing, even if the current market value of this model is much less.
One caveat to my strategy: I only buy from a gray market or a used dealer whom I trust. I won’t take a risk even for a great deal.
