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90% markup!?
Are any Tokyo 2020s actually transacting at $12,000, or are there only $12,000 ones left on market because they’re not moving at $12,000?
I thought the retail price was around $5500, and they seem to be going for $9000+ So, OK, that's more like 63% But that's still a hefty premium.
Actually retail is JPY 693,000, which is USD 6,720. Looking at the new regular Moonwatch price (sapphire at USD 7,150), I think all new upcoming 3861 LEs will even be 8,000-9,000 anyway (LEs usually +25% from regular Moonwatch).
Unless I find someone who happens to be visiting Japan in the near future.
I (and I think 2 others on here) purchased one recently from an AD in Japan on Chrono24, new with full 5 years warranty at a price (slightly) below RRP on negotiation - yes it took 3 weeks to arrive and I had to pay 20% import duty on its arrival into the UK but with the lower starting price it was still considerably cheaper than anyone selling one that they had acquired...in summary I paid in total close to RRP (just £450 or $600) over the Omega advertised price. I think AD's were not shipping out of Japan originally but i think they are prepared to now to get through their stock.
They are advertising availability of all models if i recall correctly - the guarantee has been registered to me as sold new to me at my UK address with Omega HQ by the AD - so it is all above board - mine was the Rising Sun (red), but as I say they have them all in stock, obviously at varying numbers but looks like they are all still available.
By the way I bought mine approx.10th Dec, and it arrived on 30th Dec from Japan to my door.
Thanks for the intel.
It’s certainly interesting to know that, over two years out from releasing only ~10,000 total, they’re still sitting on shelves in Japan.
Perhaps the cancelling of the games did more to cool their sales for “normal” buyers (I.e., other than us nerds who seem to find some collectible fascination with a watch commemorating an event that never occurred).
And to really go on a strafe, I wonder if there may be at play any cultural phenomenon with the Japanese buyers. Total conjecture, but this all has the trappings of the type of story where we’re later surprised to learn than the Japanese would tend to REALLY not want a watch commemorating a failed event (but would have snapped them up out of pride at a successful event). I suppose I’ll wonder aloud with some of my Japanese colleagues.
I (and I think 2 others on here) purchased one recently from an AD in Japan on Chrono24, new with full 5 years warranty at a price (slightly) below RRP on negotiation - yes it took 3 weeks to arrive and I had to pay 20% import duty on its arrival into the UK but with the lower starting price it was still considerably cheaper than anyone selling one that they had acquired...in summary I paid in total close to RRP (just £450 or $600) over the Omega advertised price. I think AD's were not shipping out of Japan originally but i think they are prepared to now to get through their stock.
Gents,
The Omega AD in Japan that I bought from was Jewellix located in Tokyo
I hope you get the reference that you are after
Both two tone references - i.e. Green & Black ones - look fabulous and are on my list for 2021...