Speedmaster prices creeping up?

saulgoodman · Nov 3, 2019

dennisthemenace
I'd make the most of your time here if I were you. It's going to be short.

Hopefully this will be the case. It is clear from his posts that he has nothing to add and is here only to disrupt. Sadly, that is the state of the angry and lonely these days. Keyboard warriors who would never look you in the eye in real life and act as they do here. That never ends well for these types. Just ignore him.

3nicewatches · Nov 3, 2019

saulgoodman
I've never seen anything like that. I should add that I haven't been to an Omega AD for some time. Of course, most of what the sign says is not true. I wonder if the store came up with it or if Omega is distributing those?

I think I remember someone posting a picture of one of those signs a while ago, possibly at an airport duty free store...not sure if that last part was the case, just what I recall. Anyway, the sign is a paradox these days because you can buy watches directly from Omega in several countries now...on the internet.

saulgoodman · Nov 3, 2019

3nicewatches
I think I remember someone posting a picture of one of those signs a while ago, possibly at an airport duty free store...not sure if that last part was the case, just what I recall. Anyway, the sign is a paradox these days because you can buy watches directly from Omega in several countries now...on the internet.

Good point. I guess the signs are just the local store's way of putting some fear into potential buyers who pay retail.

gbesq · Nov 3, 2019

saulgoodman
Good point. I guess the signs are just the local store's way of putting some fear into potential buyers who pay retail.

I visited the OB on Fifth Avenue in NYC less than 6 months ago and don’t recall seeing any signs there warning would be buyers about grey market purchases. It would be interesting to know what percentage of Omega watches are actually purchased through non-authorized dealers.

saulgoodman · Nov 3, 2019

gbesq
I visited the OB on Fifth Avenue in NYC less than 6 months ago and don’t recall seeing any signs there warning would be buyers about grey market purchases. It would be interesting to know what percentage of Omega watches are actually purchased through non-authorized dealers.

I just went on Jomashop and searched Omega. There were 68 models on the first page alone. Same for Rolex, including the priced SS GMT Pepsi. I think that AD's are dumping stock on the grey market despite the tighter reigns from Rolex and Omega. The prices are higher, but the supply is there. Jomashop is now engaging in price gouging. The Pepsi GMT is available for immediate delivery for a mere $18,995. A$$ho!e$

gbesq · Nov 3, 2019

saulgoodman
I just went on Jomashop and searched Omega. There were 68 models on the first page alone. Same for Rolex, including the priced SS GMT Pepsi. I think that AD's are dumping stock on the grey market despite the tighter reigns from Rolex and Omega. The prices are higher, but the supply is there. Jomashop is now engaging in price gouging. The Pepsi GMT is available for immediate delivery for a mere $18,995. A$$ho!e$

Jomashop was selling the basic hesalite version of the Speedmaster Professional for $3,400-$3,500 less than a year ago. Last I checked, it’s closer to $4,300 now.

PhilF · Nov 3, 2019

I've purchased 2 new Omegas from my AD this year, both at a decent price (about 20% off) being a long- term customer, I'm treated, IMHO, fairly. I would have no problem purchasing from a trusted source here on OF. Ebay, or some on-line vendors, not so much. Common sense, some due diligence and references should be your guide. Generally, if it seems too good of a price, there's a catch of some sort. I don't necessarily want the lowest price, won't pay the highest price, just want a fair price.

saulgoodman · Nov 3, 2019

gbesq
Jomashop was selling the basic hesalite version of the Speedmaster Professional for $3,400-$3,500 less than a year ago. Last I checked, it’s closer to $4,300 now.

Yep. And the sapphire sandwich went from 4K a year ago to over $4900 today.

Evitzee · Nov 3, 2019

gostang9
Saw this interesting sign at the Omega section of YYZ airport shopping district. Strong discouragement of buying from online (ie: grey market).

I've seen these signs for years, usually where there is a lot of tourist traffic; ie airports, cruise ports, etc. They are usually the mid-tier brands like Omega, Longines, Breitling and such. But I've seen fewer of these signs over the last few years as the internet grey market has matured and some of the companies, like Omega, actually sells online through their website. It's used as a scare tactic so that people buy retail and not online.

PhilF · Nov 3, 2019

Omega, in effect, is running an on-line Boutique. Last summer I purchased a NATO from them, advertised as including a springbar tool & extra springbars, I got the strap in one of their zipper cases, but not the other items. Called their customer service, got a very pleasant young lady, indicated that they would be shipped that day. 2 days later the FedEx truck delivered a box with ANOTHER red zipper case with the tool & springbars. A week later still another box showed up, with a very nice Omega pen and a hand-written note apologising for the error. Needless to say, I was impressed, paid the price, but got the service that goes with it. Nice pen too! When I looked at Speedmasters at Jomashop last July, they were at about $3800 for a Hesalite Speedy, with their in-house 4-year warranty, my AD charged me $4100, with the 5-year factory warranty, I think retail was $5200 at that time, they also sized the bracelet and got me an Omega leather deployant strap for $295. I've noticed the Gray prices are now in the $4200+ range since MSRP went to $5350 (think that's current) so I think all-in-all i did ok.

Speedmaster prices creeping up?

saulgoodman

3nicewatches

saulgoodman

gbesq

saulgoodman

gbesq

PhilF

saulgoodman

Evitzee

PhilF

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