Saw this on IG...saw a few issues, and went to the website because I was curious: https://www.hqmilton.com/timepieces...peedmaster-professional-pre-moon-105.003-9112 Where would this fall on the Speedy101 price chart?
Write up says that movement is four years newer than the case, so begs the question whether this watch was put together from parts. Based on Speedmaster101, $15000 minus dial, minus hands, minus movement, so perhaps [well] less than $10K?
Parts watch. So subtract the value of disingenuousness. Is disingenuousness even a word? A = case value + "E" for effort.
I shouldn't let it annoy me but it does. I think it's cos I feel sorry for a novice that might pay that price.
HQM have a history of offering cobbled together speedmasters as well as very good ones. I have two 2998's from them that are in the "Never Sell" cupboard. The OP watch is an assembly. As such there is no place for it on the chart. I have always regarded HQM as an honest trading company who often offer goods on consignment, perhaps from people who also don't know what is right and what is wrong on a speedmaster. I think of them as providing me a very large flow of watches to choose from, bigger and broader than any other single source. Because of this huge volume of choice, I accept that they do not scrutinize their goods closely. I also think this gives me a chance to get a good watch cheap - because they don't spot those either. The OP watch is a parts watch. It cannot be valued as a 105.003......because it is not one.
@Spacefruit I just find it a bit odd that they have a cobbled together Ed White with a movt that they say is 4 years newer than the case...and a dial that is totally wrong. I have always respected them as well, but not having full disclosure on this one and asking that money seems a bit off to me. They know it is incorrect, yet choose to have it described in such poor terms. Imagine if someone described that watch as such on here and asked that price? They would be hand eviscerated like a chicken. Just my 2 cents.
I suppose there is a market for watches with replacement parts for those who perhaps cannot afford the real thing. The issue here is that the price being asked is consistent with the Watch being correct, which it clearly is not. The watch does have some attractions, the applied Omega logo, the don insert, the stepped dial and yes it is even pre-moon, but anyone buying a 105.003 wants it to be pre-professional as well. At $10k it would look a more attractive proposition.
Asking price and selling price can be very different when dealing with Jacek... But anyway not for me
I am not making my point, clearly. HQ Milton are a river, carrying watches like fish in the water. They have a huge flow of inventory, much of it not their own on consignment. (Now I cannot vouch for those people). Their job is to present the stock - it's up to us to judge the stock, not the people. You have to pick the one you want, with eyes open. There is absolutely no malice or fraud - quite the reverse they are honest and straight. Don't blame them for a poor watch - just don't buy it. They are primarily a dealers dealer. If you still need armbands you shouldn't go swimming with sharks.
I guess you are right. I re-visited the website and re-read the "Dial" description. I think I mis-read before (or for some reason misunderstood) - I agree with you there, it is described appropriately
The implication is that they are not setting the price or do not have any say in the price, and just take a commission or fee for providing the sales facility, a bit like eBay - do you think that is the case? If not, then I would consider that they have some duty of care to ensure the stock is reasonable and reasonably priced - certainly not for the people here who are all informed, but those buyers off the street that might pay a premium for the resellers or channels reputation. We see this with Hodinkee curated sales, which also attract a premium, and are subjected to outcry if they make a mistake.