When I got mine, I had told my OB rep that I wanted one sometime in 2025. that was in January. She called me a week later asking if I was ready. I said no, but I'll see you Saturday. Called the bank to get a credit limit increase on the zero percent card. But as @YY77 says, this is a bad place to ask for advice like this. We are a bunch of enablers here.
I'm Dutch so I'm going to be direct, don't let your financial decision depend on people on the internet.
Hello, I've searched this forum, but failed to find relevant discussions...so I am writing to get collective wisdom.
I am considering adding silver snoopy 50th to my existing collection - 3861 hesalite, 3861 sedna/steel bi-color and 321 EW. Reason being that it's just beautiful (especially the combo of silver dial & ceramic bezel, let alone the case back). This being 4th speedmaster, I also wish this watch could maintain its value in the long haul (i.e. I am becoming more sensitive & selective to spending). By 'maintain', what I mean is at least I want its value won't drop by as much/fast as that of other regular models would do, and to be clear, I am not wishing it'll skyrocket like 45th snoopy did, because I don't expect flipping, unless in a financially stressed situation. The 50th one is not limited mumbered edition unlike its older brothers, and still being produced, and no news or hint that Omega will stop producing it soon.
Boutique nearby believes my chances being allocated look reasonably good considering the history I bought from them and discussed this and that with them, so I submitted application. They said they will come back with feedback first hopefully in a few weeks, adding that it's OK making a formal order after the feedback.
Any thoughts very much appreciated with respect!
If Omega respected their customers they wouldn't let people buy the watch they want is a hell of a take.
Problem is that Omega is copy pasting Rolex play book with regard to Snoopy allocation, the watch is not avilable for purchase and in many parts of the world a customer needs to have a purchase history of 1 to 2 watches at least, so Omega better ensure that the watch continue to perform well in the secondary market and customers should at least expect a 50% markup. If they want to play the scarcity game they have to do it right!
You have absolutely no right to expect your watch, any watch, to even maintain its retail value. Let alone a 50% premium.
It's not near 50% by a long shot, current msrp of €11.8k with only a 2k premium for an unworn '25 listed on C24 is just over 10%.
I think I waited about 3-4 years for mine it finally came in January 25 it's my favourite watch always puts a smile on my face and while I have a regular 3816 sapphire sandwich, the snoopy is my go to watch. the value retention is just a bonus but I've always gone with the mantra when it comes to watches buy what you like rather than just what's popular.
I know but I'm just saying what it should be based on Omega sales strategy.
I bought mine new for $2K above msrp as I did not want to play Omega dirty game although I had purcahsed many watches from my AD in Jordan before (5 omega watches). Once the Snooppy was announced back in 2020, I put my name down and I followed up for many years with no luck. Then I moved to Qatar, and guess what, the AD wanted me to build a purcahse history (buying 2 watches) in order to get a Snoopy, so if I have gone that route and bought the 2 most desirable watches, a moonwatch and a diver, it would cost me around $15k while I would get them from secondary market for $12k and $9-10k if they were used in mint condition. In conclusion, there is no actual reward / benefit in building a relationship with an official Omaga boutique if the premium for Snoopy is only $2k.
And if Omega continue to supply the watch, it will eventually fall below retail and would no longer be a special piece as Omega intended.
But as you said it's an AD which is a privately owned company so are free to allocate watches how they choose not that I agree with it, in the UK the are many Omega only stores people think are owned by Omega but in fact I know when the Snoopy first released I was told by the WOS owned store that I wouldn't be considered unless I had a spend history of £50K +. When I went directly to the Omega owned store the process was much different.
I know but I'm just saying what it should be based on Omega sales strategy.
I bought mine new for $2K above msrp as I did not want to play Omega dirty game although I had purcahsed many watches from my AD in Jordan before (5 omega watches). Once the Snooppy was announced back in 2020, I put my name down and I followed up for many years with no luck. Then I moved to Qatar, and guess what, the AD wanted me to build a purcahse history (buying 2 watches) in order to get a Snoopy, so if I have gone that route and bought the 2 most desirable watches, a moonwatch and a diver, it would cost me around $15k while I would get them from secondary market for $12k and $9-10k if they were used in mint condition. In conclusion, there is no actual reward / benefit in building a relationship with an official Omaga boutique if the premium for Snoopy is only $2k.
And if Omega continue to supply the watch, it will eventually fall below retail and would no longer be a special piece as Omega intended.
