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Shinola Canfield Speedway

F
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I've been interested in a Shinola. Help me consider the Canfield Speedway.

I'm a displaced Michigander, used to work in Detroit, so there's a nostalgia element.

Other watches: Rolex 41mm datejust steel jubilee black/ Heuer 50th 1969-1979 (the green damask).

In terms of style I hope to eventually acquire a white and a blue watch, thinking Omega Aqua Terra or moonwatch for blue...though I really like the Rolex Milgauss...in its blue-green...alas, those are through the roof w discontinuation.

I like limited editions, this is run of 500, its first auto chrono tachy...but I am also interested in appreciation of price. At $3k, it's a very optimistic 'investment'. Might even consider keeping this one wrapped (my Rolex is regularly worn; Heuer I bought worn/ complete/ excellent and have only worn a few hours...I just love it, though - can't imagine selling either watch). Maybe all buyers of this piece think that, which would likely overall negatively impact price over time.

Thank you for considering and comments.
 
Aroxx
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We need photos brother. I don’t know why, but the Shinola story does nothing for me. Maybe I’m too much of a snob. I would not bet on any Shinola appreciating in value. This particular watch is very large and thick and not for me. I also think buying a brand new watch and keeping it wrapped up is silly. Buy the Aqua Terra and wear it.

IMG_6404.jpeg IMG_6406.jpeg IMG_6405.jpeg
 
Larry S
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If you like it, buy it. Just know that a new watch in this level, purchased at retail will depreciate immediately just like a car. Watches are NOT investments. I will say this for them, they are really part of the Detroit comeback story so there is that angle. I see them in the watch boutique at ABT near me and they are attractive. Largely a fashion brand.
 
F
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Aroxx Aroxx
We need photos brother. I don’t know why, but the Shinola story does nothing for me. Maybe I’m too much of a snob. I would not bet on any Shinola appreciating in value. This particular watch is very large and thick and not for me. I also think buying a brand new watch and keeping it wrapped up is silly. Buy the Aqua Terra and wear it.

IMG_6404.jpeg IMG_6406.jpeg IMG_6405.jpeg
 
F
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Thanks for pix. I share the perspective you wrote and it's what keeps from having bought already. I see now this is 5th of series, previous were more limited. I like the lap 02 better, but they're long gone...except the one for sale on Ebay for 6k (no thanks). I'm not big on Shinola either...they're too...something. I suppose I just want to like them because they're sort of from MI. I bought an Aqua Terra from AD and it was defective...my first nice watch, that's how I ended up w/ Rolex, and I enjoy using it. The Heuer, that gave me another perspective. I get they are what they are and aren't but I'm mesmerized by it. I imagine I'd wear a Rolex day-date regularly. That, and a K. Chaykin Joker or a Konstantin International, despite the leap in price, I imagine I'd wear regularly. My 3 big watch wants. I don't consider myself a collector...of anything. But watches give me a reality check of my supposed perspective on not collecting. They are just for me to enjoy and I don't mind what others think of what I do or don't with them or why I wear something on my wrist that's worth more than my car and plenty of folks would chop my arm off on the Metro to take from me (writing of folks I run across day-to-day - I'm here seeking input and conversation). If a watch conversation comes up, I'm just as interested in the person's experience who has an 80's Timex if they have something to say about its value to them, or their interest in it. I appreciate your efforts responding and will enjoy additional posts.
 
kgb
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Actually I like that Shinola very much. The display caseback, colored rings around the pushers, applied numerals, and the Shinola name all make this interesting for me. But $3K is a bit steep I feel; most of the other Canfields are $1K which seems like a good price (but aren't limited editions.)
 
Faz
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F Furioso
I'm a displaced Michigander, used to work in Detroit, so there's a nostalgia element.
You have to put a price on the nostalgic element. I think it matters quite a bit since watches are an emotional ‘investment’.

F Furioso
..but I am also interested in appreciation of price. At $3k, it's a very optimistic 'investment'
As @LarryG said, forget about the investment aspect. If you like it, buy it and keep it. It shouldn’t be too hard, the Michigan nostalgia should outweigh the money you put into it? Or does it..
 
WatchTimes
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I was born and live in Metro Detroit.
I have no interest in Shinola.
Guy who owns Fossil is friends with Dan Gilbert. Fossil started Shinola and got lots of tax credits from the city of Detroit but only do a tiny bit of assembly in Detroit. They really do nothing for Detroit. They are simply fashion watches and are pretty overpriced.
If you love it go ahead and buy it but if you think it's an investment well.... Good luck with that.

https://detroitwatchco.com/pages/about does more of their production in Detroit (still not much).
 
Scarecrow Boat
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WatchTimes WatchTimes
I was born and live in Metro Detroit.
I have no interest in Shinola.
Guy who owns Fossil is friends with Dan Gilbert. Fossil started Shinola and got lots of tax credits from the city of Detroit but only do a tiny bit of assembly in Detroit. They really do nothing for Detroit. They are simply fashion watches and are pretty overpriced.
If you love it go ahead and buy it but if you think it's an investment well.... Good luck with that.

https://detroitwatchco.com/pages/about does more of their production in Detroit (still not much).
Didn’t Shinola get in trouble for claiming their watches were entirely made in the USA/Detroit when in fact, they were (and still are) just assembling the imported parts (IE putting the dial/hands on the movement and then into the case) in Detroit?
 
Aroxx
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Scarecrow Boat Scarecrow Boat
Didn’t Shinola get in trouble for claiming their watches were entirely made in the USA/Detroit when in fact, they were (and still are) just assembling the imported parts (IE putting the dial/hands on the movement and then into the case) in Detroit?
Yes, the FTC rules on claiming "Made in the USA" are more stringent than a lot of other countries. It's basically 100% of parts. I think Swiss made is 70%. Shinola mostly just assembles imported parts as you mentioned. FTC made them drop the USA stuff so now they go with "Built in Detroit".
https://www.forbes.com/sites/robert...-concept-for-shinola-watches/?sh=9190c8279509

I don't really have anything against Shinola but as others have said, to me, they are just another fashion brand but they try to act like a manufacturer. Marketing is on full blast playing up Detroit and America trying to appeal to nationalist pride.
 
Waltesefalcon
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I can't resist it. The people who assembled these watches don't know shit from Shinola.
12065977_1.jpg
 
noelekal
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Waltesefalcon Waltesefalcon
I can't resist it. The people who assembled these watches don't know shit from Shinola.
12065977_1.jpg

Beat ne to it, ohoto and all.
 
Aroxx
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noelekal noelekal
Beat ne to it, ohoto and all.
No more late Saturday night posting for you!
 
Waltesefalcon
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noelekal noelekal
Beat ne to it, ohoto and all.
what were you celebrating? Did Texas win some kinda national championship yesterday?
 
noelekal
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Waltesefalcon Waltesefalcon
what were you celebrating? Did Texas win some kinda national championship yesterday?


Hah!

We just now got in from a second trip up to Searcy, Arkansas to return a granddaughter after her week's stay with us, so I'm just now seeing this. I responded to this thread on the phone.Typing on a cellular phone screen with fat fingers and without reading glasses has its pitfalls.
 
Watch my Whisky
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For 3k you could get a decent vintage-ish Heuer and have a properly cool watch with a motorsports vibe.
 
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