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smitty190373
·some people dont get it.
Speedy Tintin information gathering
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petay993
·If we are being honest 95% of the attraction here is the back story and the unexpected limited run.
The watch, when judged on it's initial merits, did not sell.
The watch, when judged on it's initial merits, did not sell.
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sbac
·B BurrogsI saw this watch at Costco in Houston last year for around $3,600, someone here picked it up later on. I passed on it because I was planning on changing the dial to a basic speedy and it didn't come with a NATO strap and would need a service soon. I figured once you factored those in it was no longer a "deal" so I passed on it. The watch is different, but IMHO not special. Some flashes of red, that's it. Is that worth a premium? I guess if you really like red. To me, the chapter ring dominates the face and makes the watch look small and red is not as flexible with strap or clothing options. It effectively made the professional wear like a reduced with red accents. Frankly, it looks better in pictures online with people wearing them with color coordinated stuff than in person.
The reality is that this watch lingered for years and was sold at deep discounts because the "then" market spoke and said "No thanks." Now people want them because they see the appreciation of ST1 and ST2 and are trying to backdoor this one in as a sleeper ST0. Do I regret my decision, financially yes, but I still don't care for the dial and would rather have a base speedy for regular wear. My gut tells me the buzz around this watch is strictly people trying to trump up the price as an investment proposition, not that they actually prefer it to other Speedy's if they sold at a discount vs. a base speedy. In short, people want them because they are trading at a premium, and my guess is that if prices dropped so too would demand. Like air cooled 911's 10 years ago, people were passing on these all day long, and not for no reason. Nothing has changed since then, other than the current LE horology bubble based on people buying watches to put them in safes.
you had me until "air cooled" 911s. people were passing on them 10 years ago because they thought the financial system was about to explode. once that dust cleared people came to their senses. however, if prices dropped on a 993 turbo todayy I can assure demand would capably fill that supply.
I think the analogy you are looking for is a micro-cap pump & dump - limited supply with no interest until someone builds a position and talks up the price.
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BlackTalon
··This Space for RentI bought mine because I liked the 'racing' look (like gators bordering the turns). I avoided buying it for a while specifically because of the backstory. Once I had it in my possession, and put it on a leather strap, my '67 was relegated to 'only once in a while' duty. The dial definitely looks smaller, which is one of the things I like.
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Burrogs
·you had me until "air cooled" 911s. people were passing on them 10 years ago because they thought the financial system was about to explode. once that dust cleared people came to their senses. however, if prices dropped on a 993 turbo todayy I can assure demand would capably fill that supply.
I think the analogy you are looking for is a micro-cap pump & dump - limited supply with no interest until someone builds a position and talks up the price.
Yes, this seems like a pump and dump scheme.
Respectfully, a tintin is more like a bronze early 80s 911 targa. My point was that someone decided older 911s are cool (Magnus Walker?) and then everyone went out and wanted one and the prices seemingly doubled overnight. Change it to 280z cars, early Broncos, etc. if it works better for you. My observation is that you have all these people coming out of the woodwork acting like these cars and watches have been their “grails” and have been for some time when no one gave them a second look only a short while ago. When they’re cheap no one wants them when they’re expensive demand is created...smh
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The Father
·Tintin, can take it or leave it. Only leave for a nice price. Is a unique piece with only 1500 or so out there
A side by side. Definitely a big contrast.
A side by side. Definitely a big contrast.
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Plein
·It's always standout !!!
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pascs
·Very nice box of LE's 👍
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The Father
·It's always standout !!!
Nice set of watches. Not nice I guess, more like awesome.
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sbac
·B BurrogsYes, this seems like a pump and dump scheme.
Respectfully, a tintin is more like a bronze early 80s 911 targa. My point was that someone decided older 911s are cool (Magnus Walker?) and then everyone went out and wanted one and the prices seemingly doubled overnight. Change it to 280z cars, early Broncos, etc. if it works better for you. My observation is that you have all these people coming out of the woodwork acting like these cars and watches have been their “grails” and have been for some time when no one gave them a second look only a short while ago. When they’re cheap no one wants them when they’re expensive demand is created...smh
I agree but you are just talking about why do people collect old stuff and that's generally pretty easy to understand - nostalgia, uniqueness, etc. I have a whole thread on Speedmaster pricing over time that's related (see https://omegaforums.net/threads/vintage-speedmaster-price-analysis.43676/). When you look at pricing we sometimes forget the logarithmic appreciation makes recent gains look like "bubbles" (I use the example of an $85 watch that sold for $1700 still has appreciated 20x, even if it subsequently sells for $17,000 that's only another 10x gain - but looks way more dramatic).
That really doesn't apply well here since the Tintin is barely 5 years old. I managed to get one a couple years ago right at the tail of the sellout of NOS - mostly for the uniqueness versus a "regular way" new Speedy (I already own a -69 SW) - with no expectation around value increase in the near term. Sure, in 20 years if people decide as you say it becomes a "grail" that would be nice, but the current frenzy feels way more like a few people talking up their position.
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befobe
·Wahhh... r e a l l y r e a l l y beautiful all these LE's... I had never noticed before seeing them side by side in this collection, but the Soyuz and the Gemini have a very sexy panda dial... Would be difficult to me to choose every morning which one to wear... 😀
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The Father
·Blubardb, what is this LWC “Tintin” watch build you have for sale on Watchuseek. Is it a Tintin dial from another watch?
Has1861 caliber movement and it appears all the other specs for an Omega.
Can you explain the build to me. Ok, got to the LWC site. So this watch company order a Tintin dial from Omega and piece it together ?
Is it a restored Tintin?
Thanks
Has1861 caliber movement and it appears all the other specs for an Omega.
Can you explain the build to me. Ok, got to the LWC site. So this watch company order a Tintin dial from Omega and piece it together ?
Is it a restored Tintin?
Thanks
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Archer
··Omega Qualified WatchmakerBlubardb, what is this LWC “Tintin” watch build you have for sale on Watchuseek. Is it a Tintin dial from another watch?
Has1861 caliber movement and it appears all the other specs for an Omega.
Can you explain the build to me. Ok, got to the LWC site. So this watch company order a Tintin dial from Omega and piece it together ?
Is it a restored Tintin?
Thanks
It's a frankenwatch, built from parts, so like a Watchco SM300.
It is not a genuine Tintin watch...and to be honest describing it as a ref. 311.30.42.30.01.004 is a little misleading IMHO...
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The Father
·It's a frankenwatch, built from parts, so like a Watchco SM300.
It is not a genuine Tintin watch...and to be honest describing it as a ref. 311.30.42.30.01.004 is a little misleading IMHO...
Kinda of like a salvage title car then.
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Archer
··Omega Qualified WatchmakerKinda of like a salvage title car then.
No, more like building a car from spare parts from the ground up that was never a complete car previously...
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The Father
·No, more like building a car from spare parts from the ground up that was never a complete car previously...
Hmmmm.... you would think the parts supplier in this case would frown on this
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Archer
··Omega Qualified WatchmakerHmmmm.... you would think the parts supplier in this case would frown on this
Indeed they do...
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iamnuts
·Tintin, can take it or leave it. Only leave for a nice price. Is a unique piece with only 1500 or so out there
A side by side. Definitely a big contrast.