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Will the Silver Snoopy every be available from a AD?

Evitzee
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samweldspoorly samweldspoorly
#necrobump. I know I'm late to the party. A friend of mine JUST collected his 50thSS from the Nashville OB last month after being on the waitlist since a week after announcement. Shocked, to this day in 2024, it appears to still be an actively produced reference. I went to my AD to ask if I could have one. I was met with a smirk and a "in 15 years at this AD, we have seen exactly 3 Snoopys". Hurumph. Do I have luck trying now? Has anyone received one from an AD in the last 3 years. I am in Cincinnati and the closest OB is Nashville, Chicago, or NYC. Thoughts? Advice? Comedic laughs? I really dont want to go to the grey market.
If you haven't been on an OB's list from the start you aren't going to get one from them at this late date. Going grey is the way to get one now.
 
Malthus101
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What's the obsession with these Snoopies other than flipping them? Or is that it? It always struck me as a somewhat daft collaboration Also the Tintin... there's a reason it didn't sell for ages. I liked the caseback on the 2nd Snoopy but it had some really annoying text on the dial IIRC.
 
samweldspoorly
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Malthus101 Malthus101
What's the obsession with these Snoopies other than flipping them? .
Honestly I love it to death and want one in my daily rotation. But I dont want to spend 150% retail for one.
 
Malthus101
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samweldspoorly samweldspoorly
Honestly I love it to death and want one in my daily rotation. But I dont want to spend 150% retail for one.
The original one or the re-release?
 
YY77
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Malthus101 Malthus101
The original one or the re-release?
Surely it's the '20 edition, the '03 retailed for €2.6k, '15 retailed for €6k and both are well above 4x in the grey market.
 
Evitzee
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samweldspoorly samweldspoorly
Honestly I love it to death and want one in my daily rotation. But I dont want to spend 150% retail for one.
You aren't going to get a new one at MSRP now, that opportunity ended soon after it was released. Even used ones are US$16k+
 
PandaSPUR
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This is the bigger thread that people still post in when they get the call or hear some news related to the Snoopy 50th: https://omegaforums.net/threads/october-5th-2020-snoopy-celebration.112405/page-288

You can read the last 10 pages or whatever for a sense of how the supply looks like now. There were a couple of people claiming their OB was bundling the snoopy (i.e. buy another watch and we'll let you buy the snoopy). Thats probably the only shot at getting one at retail now, but you'll still have to do some searching to find a willing OB/AD.
 
Evitzee
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PandaSPUR PandaSPUR
This is the bigger thread that people still post in when they get the call or hear some news related to the Snoopy 50th: https://omegaforums.net/threads/october-5th-2020-snoopy-celebration.112405/page-288

You can read the last 10 pages or whatever for a sense of how the supply looks like now. There were a couple of people claiming their OB was bundling the snoopy (i.e. buy another watch and we'll let you buy the snoopy). Thats probably the only shot at getting one at retail now, but you'll still have to do some searching to find a willing OB/AD.
If one gets sucked in by an OB to the idea of "if you buy another watch (which we are having trouble selling) we might be able to get you a Snoopy' you will most likely end up paying more overall than if you just went grey. There is just no way someone can get a Snoopy at retail today, that window closed a few years ago when they stopped taking reservations. The market values a Snoopy 50th today at about 50% more than Omega's retail price, just like a Rolex Daytona is worth more than what Rolex sells them for. That's just how economics work. People are too wedded to the idea that they won't spend a dime over retail, they won't accept the reality that Omega doesn't set the value of a Snoopy, the market does.
 
Malthus101
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Evitzee Evitzee
If one gets sucked in by an OB to the idea of "if you buy another watch (which we are having trouble selling) we might be able to get you a Snoopy' you will most likely end up paying more overall than if you just went grey. There is just no way someone can get a Snoopy at retail today, that window closed a few years ago when they stopped taking reservations. The market values a Snoopy 50th today at about 50% more than Omega's retail price, just like a Rolex Daytona is worth more than what Rolex sells them for. That's just how economics work. People are too wedded to the idea that they won't spend a dime over retail, they won't accept the reality that Omega doesn't set the value of a Snoopy, the market does.

I want an FP Journe Chronometre Bleu for under 20K new from a boutique.

I woulda coulda shoulda been on the list whe this was actually a possibility - foolishly I didn't.

Now they sell for 100K 2nd.

😀
 
dstfno
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Evitzee Evitzee
If one gets sucked in by an OB to the idea of "if you buy another watch (which we are having trouble selling) we might be able to get you a Snoopy' you will most likely end up paying more overall than if you just went grey. There is just no way someone can get a Snoopy at retail today, that window closed a few years ago when they stopped taking reservations. The market values a Snoopy 50th today at about 50% more than Omega's retail price, just like a Rolex Daytona is worth more than what Rolex sells them for. That's just how economics work. People are too wedded to the idea that they won't spend a dime over retail, they won't accept the reality that Omega doesn't set the value of a Snoopy, the market does.
The grey market prices don't necessarily reflect the actual value of a watch.
Just because you can sell 1 chicken to a starving person for $1K doesn't mean that it's the market price of a chicken.
 
texasmade
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dstfno dstfno
The grey market prices don't necessarily reflect the actual value of a watch.
Just because you can sell 1 chicken to a starving person for $1K doesn't mean that it's the market price of a chicken.
It is the market price if you sell it for $1k to that starving person.
 
PandaSPUR
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Evitzee Evitzee
If one gets sucked in by an OB to the idea of "if you buy another watch (which we are having trouble selling) we might be able to get you a Snoopy' you will most likely end up paying more overall than if you just went grey. There is just no way someone can get a Snoopy at retail today, that window closed a few years ago when they stopped taking reservations. The market values a Snoopy 50th today at about 50% more than Omega's retail price, just like a Rolex Daytona is worth more than what Rolex sells them for. That's just how economics work. People are too wedded to the idea that they won't spend a dime over retail, they won't accept the reality that Omega doesn't set the value of a Snoopy, the market does.

I don't mean people buying watches for the promise of getting a snoopy. I mean people actually bundling watches and walking out with the snoopy.

There was one guy on Reddit who was ranting about being offered the bundling game. Then he bought a green SMP, got the snoopy, and promptly tried selling the SMP on reddit lol. So its happening... just doesnt seem very common.
 
ErichPryde
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Exactly: the market is defined by the sellers and the buyers. In this case the 50th silver snoopy is selling for between 14 and 16k over the last several months. To be honest, it very much is a "chickens to starving people" market and that isn't likely to change into the future.

texasmade texasmade
It is the market price if you sell it for $1k to that starving person.

dstfno dstfno
The grey market prices don't necessarily reflect the actual value of a watch.
Just because you can sell 1 chicken to a starving person for $1K doesn't mean that it's the market price of a chicken.
Edited:
 
Evitzee
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PandaSPUR PandaSPUR
I don't mean people buying watches for the promise of getting a snoopy. I mean people actually bundling watches and walking out with the snoopy.

There was one guy on Reddit who was ranting about being offered the bundling game. Then he bought a green SMP, got the snoopy, and promptly tried selling the SMP on reddit lol. So its happening... just doesnt seem very common.
I knew what you were saying, 'buy a watch you don't need or want now and you can immediately get a Snoopy from the back room.' No matter how it is sliced the bundling game is slimy and I would walk out of the boutique if I was pitched it. I would rather just buy on the grey market and be done with it without playing the dealer games that have infested much of the market over the last few years.
 
PandaSPUR
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Evitzee Evitzee
I knew what you were saying, 'buy a watch you don't need or want now and you can immediately get a Snoopy from the back room.' No matter how it is sliced the bundling game is slimy and I would walk out of the boutique if I was pitched it. I would rather just buy on the grey market and be done with it without playing the dealer games that have infested much of the market over the last few years.

I agree that its slimy but I don't see how its worse than paying more on the grey market. Ultimately the end result is the same, it becomes harder for actual collectors to obtain these watches.

If I was really desperate to get a watch, I'd probably just pick whichever route costs the least or provides the most value (e.g. theres already another watch I wanted that I could just bundle).
 
dstfno
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texasmade texasmade
It is the market price if you sell it for $1k to that starving person.
No, the market price is when total supply and demand are in perfect balance. The Daytona's and Snoopys you see for sale aren't representing the market price, if the retailers tried to sell them for those high prices they would most likely be readily available at the ADs because fewer people actually want to pay those prices.

The ads at those inflated prices also illustrate this as they stay online for ages before they are sold off.
Edited:
 
texasmade
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dstfno dstfno
No, the market price is when total supply and demand are in perfect balance. The Daytona's and Snoopys you see for sale aren't representing the market price, if the retailers tried to sell them for those high prices they would most likely be readily available at the ADs because fewer people actually want to pay those prices.

The ads at those inflated prices also illustrate this as they stay online for ages before they are sold off.
In your posts, you're mixing several different things: listed price, value, and market price. Listed price is whatever the seller lists at. Value is subjective but we can say it's whatever the buyer thinks it's worth. I think we can agree on that unless you have a different definition of listed price and value. Market price is the actual clearing price to create a transaction.

In your example of the $1k chicken to a starving person, the market price of that chicken between the buyer and seller is $1k. Doesn't matter what other sellers list it at or what buyers think the chicken is worth. One buyer and one seller transacted and created a market price.
 
dstfno
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texasmade texasmade
In your posts, you're mixing several different things: listed price, value, and market price. Listed price is whatever the seller lists at. Value is subjective but we can say it's whatever the buyer thinks it's worth. I think we can agree on that unless you have a different definition of listed price and value. Market price is the actual clearing price to create a transaction.

In your example of the $1k chicken to a starving person, the market price of that chicken between the buyer and seller is $1k. Doesn't matter what other sellers list it at or what buyers think the chicken is worth. One buyer and one seller transacted and created a market price.
I'm not mixing things. Market price is the price you have to set for the whole market to sell all supply, it is not defined by a single transaction between two parties.

Because scalpers don't need to sell all their supply or they don't have the time pressure to do so, they can try to maximise their gains per each sale.
 
ErichPryde
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Evitzee Evitzee
I knew what you were saying, 'buy a watch you don't need or want now and you can immediately get a Snoopy from the back room.' No matter how it is sliced the bundling game is slimy and I would walk out of the boutique if I was pitched it. I would rather just buy on the grey market and be done with it without playing the dealer games that have infested much of the market over the last few years.

I tend to agree, but it would really depend upon whether or not I wouldn't mind owning the other watch in question.
dstfno dstfno
No, the market price is when total supply and demand are in perfect balance. The Daytona's and Snoopys you see for sale aren't representing the market price, if the retailers tried to sell them for those high prices they would most likely be readily available at the ADs because fewer people actually want to pay those prices.

The ads at those inflated prices also illustrate this as they stay online for ages before they are sold off.
When total supply and demand are in Balance that's called price equilibrium. But anytime someone pays the bid or buys the ask (or list) they are setting the most recent market price. You could measure that in the present instance with the last transaction (current market), as an average of all the recent transactions over a fixed amount of time (normal price or average market), or however you want to measure it. But it's accurate to say that a "market" can be made between two individuals.

Here are some definitions of "market price":
1)The price of a commodity in a given market.
2) the current price at which an asset or service can be bought or sold.

Compared to "normal price," which is much closer to what you are talking about. Or maybe total distributive price.

Think about how lobsters, fish, &c are priced, market price is whatever the current daily price is and that can fluctuate greatly, it's not the "total price to sell all lobsters."
Edited:
 
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