Speedmaster101 price chart update (aug 23)

Dan S

The massive price gap between FAIR and GOOD for many references is notable. From what I've seen, William is pretty conservative in his evaluations. Many sellers think their watch corresponds to GOOD on the chart, when in fact it is closer to FAIR.

Risto

Where one find those 2k priced 145.022-71s?!! Need those in my life 😀

gbesq

I think that most sellers tend to overvalue their watches for sale, although I find OF sellers as a group to be far more reasonable than sellers at large.

BlueBoy

We are all probably all guilty of looking at some of our own watches through rose coloured glasses.

Without wishing to hijack Hans's thread, I would be genuinely interested to hear if you think that is what I have done with my 105:003 that I have FS.. My evaluation of the piece is better than Fair.

Eve

Or the 5500,- USD for a Fair EdWhite (105003-63) 🙄

Spacefruit

Not many people actually want to buy a "Fair" Ed White once they see it.

What they want is a "Good" - "Very Good" for the price of "Fair"

"Fair" is one up from "Poor" and "Poor" is really bad

Eve

While i do love watches in excelent condition i tend to wear all my watches, and the harder they are worn, the less i have to worry about them 😀
Overall condition doesnt allways relate to dial condition. Sometimes a Fair watch can be a good daily wearer if it doesnt break the bank.

I dont want to disagree with the chart, i am maybe even wishfull that some of those unaffordable watches become more accessible again for those who entered the hobby not that long ago.

Davidt

I think most people overvalue their Speedys. People think their ‘fair’ watch is ‘good’ and their ‘good’ watch is ‘very good’ etc.

I always understood the SP101 price chart to be the starting point. You use whichever category fits the overall condition of your watch and adjust up or down given the condition of specific parts. People forget the last part, particularly if it means adjusting down.

When I sold my Ed White, I listed it at what I thought its actual market value was, taking into account the pluses and minuses. I had a couple of pm’s from people telling me it was a good deal/too cheap etc but it still took a week to sell. That tells me it was priced about right.
I still think there’s a hangover from the high prices two years ago and many sellers don’t realise (or want to realise) that prices have fallen.

As @Spacefruit says on his website “Several private sellers on public platforms have chased the market down, with asking prices just above the market each time they change the asking price. Some have been on the market for over a year, and they simply have not reduced enough at the right time. If they had asked their price today at the start, the watch would have sold. Instead, they reduced the price to about 10-20% above market and no one bit.”
This perfectly describes the Speedmaster market, especially those watches which aren’t selling at the minute