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  1. alam Oct 10, 2012

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    I think this is the only modern Seamaster which by the way was discontinued a few years ago, that is selling these days in the pre-owned market for close or more than the original MSRP of a new one!​
    I recall a review on this model where the author described the MSRP as a bargain based on its qualities...if memory serves me well, I think the MSRP in 2007-08 was around $1700? Was it?​
    Edit: the MSRP in 2003 was $1,750​
    [​IMG]
    Check out these two..​
    http://www.ebay.com/itm/160894144990?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649Purchases made through these links may earn this site a commission from the eBay Partner Network
     
  2. ulackfocus Oct 10, 2012

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    The first auction is up to a bid $1951? :eek: There's gotta be something fishy going on. These used to sell for $1000 - $1400 depending on condition and if it had box & papers. They certainly aren't rare and have a slightly modified ETA 2892-A2 inside so what the hell is making them so chased after now? ::confused2::
     
  3. alam Oct 10, 2012

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    Dunno - but I keep looking at how these are selling recently and many are going over the $1600 mark. Even at $1000-1400 when you factor the practice of a 30-35% discount from MSRP that was common those years, they still selling close to or higher than their original cost.

    ::popcorn::
     
  4. dsio Ash @ ΩF Staff Member Oct 10, 2012

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    Na Dennis these are in high demand, they go for over $2k all day long, I've seen a full set hit $2,800. They were made for a relatively short period of time, are a spiritual successor to the SM300 design, and look damn good to boot, which has made the 2254.50 a cult piece that is worth above MSRP on the used market. The Great White GMT is the same.
     
  5. cicindela Steve @ ΩF Staff Member Oct 10, 2012

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    These are the "14060" of the Omega Seamasters.
     
  6. dsio Ash @ ΩF Staff Member Oct 10, 2012

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    Yea that's an accurate call really
     
    Speedy2254, propervinyl and Spy like this.
  7. alam Oct 10, 2012

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    ahhh I'll sleep better tonite....a reason to hold on to mine as part on my retirement account :D

    [​IMG]
     
    Speedy2254, Nitzbar, mjomega and 3 others like this.
  8. rbird7282 Oct 10, 2012

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    The Great White GMT is on my list of must haves.
     
  9. pascs Oct 10, 2012

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    Its a classic look which Omega have pulled off very well in both these Omegas :)
     
  10. alam Oct 11, 2012

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  11. cicindela Steve @ ΩF Staff Member Oct 11, 2012

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  12. jud Oct 11, 2012

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    I paid $1930 six months ago for a complete set that was 97%. I felt like it was not a great deal but the watch was nearly NOS. Not a ding, not a scratch, I would have believed it was NEVER worn if the seller had told me. It is now my daily wearer.
     
    DanOmega likes this.
  13. alam Oct 11, 2012

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    Agree on the first (1) premise of your statement - this applies not only to watches but any other article. Regarding the second part (2) - if you saying or implying that all SMPs that were produced during the same year as the 2254.50 are selling today above their original MSRP then, I fully disagree. :D
     
  14. cicindela Steve @ ΩF Staff Member Oct 11, 2012

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    No, I'm saying the 2254.5 are selling for the same low price as other model Seamasters of the same year locally
     
  15. alam Oct 11, 2012

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    Did you buy from a dealer? or an individual sale? locally or the internet?

    Lets do the math. What you paid for the watch ($1930 this year) is somewhere around $180 more than its original NIB MSRP ($1750 in 2003) or slightly10% more. Now, assuming the typical 30% off MSRP commonly given those days, then the original owner walked out of the shop by paying ~$1225 for the watch. Then, what you paid represents approximately a 57% gain.

    You did good! :thumbsup: Better yet is that you stayed away from other low-priced Seamasters that are found locally! :D
     
  16. dsio Ash @ ΩF Staff Member Oct 11, 2012

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    $2335 final price, about what I'd expected on a clean example. I think there's room for these to go up further still yet, maybe not that much further but approaching $3k
     
  17. alam Oct 11, 2012

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    ching, ching...​
    [​IMG]

    You see Jud? you did well! :D
     
    Spy likes this.
  18. pascs Oct 12, 2012

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  19. dsio Ash @ ΩF Staff Member Oct 12, 2012

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  20. jud Oct 13, 2012

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    I didn't feel like I did that well at the time. Full sets were going for $1,500 but they were not as clean as the watch I purchased. I would rather pay extra for a clean unpolished example. I showed this one to a friend and told him it was used, he did not believe me. Unfortunately it definitely looks used now.

    It was a dealer, George Abrahams, and the second wire transfer I had done for a watch. Made me extremely nervous because I had gotten burned on my first wire transfer. I would highly recommend George though. It was for my birthday and he offered to go back to the shipper and pay extra for Saturday delivery. I keep an eye out for his sales now because he sells quite a few Omegas and they are usually extremely clean.