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#1 |
Banned
Join Date: Jan 2016
Location: England
Posts: 391
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Is the Laureato the newest hot/unobtainable piece?
I picked up a Laureato blue dial in December with a nice discount via a Grey. I can see threads on here from as recently as Feb saying people are picking these up with 10%-15% discount.
As of today; - the grey I bought from are saying they can’t get any Laureato at all full stop! - one AD I’ve been to in store has empty cases and says all allocation for the year gone - another AD saying they have none (asked about chrono version) and can’t say when they will - Watches of Switzerland have the Laureato range as enquire now, when it used to be add to bag and deliver next day - none on watchfinder - chrono 24 seems to be showing blue dial 42mms that were 10-15% discount 6 weeks ago as now being 3-4 x list price. Literally ones on there at £20k - £30k So my question, what the hell has happened over 6 weeks!? I had an inkling these would be the next hot watch as those who can’t get a Patek/AP/VC would naturally turn to the GP Laureato. But i didn’t think it would go from discount to unobtainable in a few weeks ![]() |
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#2 |
"TRF" Member
Join Date: Nov 2011
Location: Paris
Posts: 3,553
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another hype watch/machine
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#3 |
"TRF" Member
Join Date: Jan 2022
Location: Florida
Watch: Moser
Posts: 7
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Absolutely...not a bad looking piece and I especially like the skeleton models but prices have gone up 30-40% in the past 4 months for what for years has been a close-out watch....a gift to AD's etc.... Anthony Farrar of TPG started flogging these on his channel a few months ago and eve Roman Sharff says he changed the entire business model for GP as far as how many of these they could sell and not for the 25% discount they have been at for years....I had to laugh when yesterday I saw a Laureato with an asking price of $23k .....Don't hold your breath seller!!!!
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#4 |
"TRF" Member
Join Date: Oct 2018
Location: USA
Posts: 1,195
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Pump and dump by a couple dealers and really the first example in full view for folks to see their magic at work…
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#5 | |
"TRF" Member
Join Date: May 2019
Location: United States
Posts: 235
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Quote:
In a typical pump and dump, dealers would buy up inventory, hype a piece, dump their inventory to consumers at an elevated price, and then the price would ultimately dump as well, but not before dealers have made their money. I think, at this point, dealers have already made their money and price persists. Probably due to the market being saturated with speculators who unknowingly prop up the high price. Given the low supply of GP watches in general, there's really no telling how high prices can go or how long they will last. |
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#6 |
"TRF" Member
Join Date: Mar 2022
Location: United Kingdom
Posts: 1
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It’s unbelievable…beautiful watch but I feel like too many people are treating watches as an asset class rather than something they should enjoy…
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#7 |
"TRF" Member
Join Date: Nov 2017
Location: New York
Posts: 132
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Really surprised people are falling for this one…in my opinion the watch looks cheap, feels cheap and is supposed to be cheap.
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#8 |
"TRF" Member
Join Date: Dec 2014
Location: N/A
Posts: 441
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I really don’t see how this won’t eventually blow up in people’s faces
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#9 |
"TRF" Member
Join Date: Aug 2013
Real Name: Won
Location: Asia
Posts: 1,432
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I suppose it is a FOMO (Fear Of Missing Out) effect. I tried it on over the weekend; I did not like it. The chrono was also too thick for my liking. Great if you like the watch, but I think the "investors" are now looking at this as the next boom.
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#10 |
2024 Pledge Member
Join Date: Feb 2011
Real Name: Scott
Location: NYC
Posts: 4,320
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I don't want to judge any watch or brand, but I personally don't know anyone (family/friends/watch buddies/clients) interested in this brand.
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#11 | |
"TRF" Member
Join Date: Apr 2010
Location: Monaro, NSW
Posts: 846
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Quote:
That doesn’t surprise me: 1. You are in the US, where the brand still remains relatively unknown. 2. It's a comparatively small manufacturer with a comparatively small marketing budget. 3. It is not part of the hype machine irrespective of what the OP is saying. As a collector of the brand I am glad the people you know are not interested in the brand. |
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#12 | |
"TRF" Member
Join Date: Oct 2010
Location: usa
Posts: 746
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Quote:
Dude enjoy the four other guys in your collectors group. I’m happy you enjoy their pieces. GP is the $6.99 DVD bin of watches. Nothing will change that. Respectfully, It’s ludicrous to think this is some sort of hidden aficionado piece. Sent from my iPhone using Tapatalk |
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#13 | |
"TRF" Member
Join Date: Oct 2010
Location: usa
Posts: 746
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Is the Laureato the newest hot/unobtainable piece?
Quote:
Do you know anybody interested in experiencing fragmented sleep patterns? About the same popularity. Sent from my iPhone using Tapatalk |
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#14 |
"TRF" Member
Join Date: Feb 2020
Location: New York
Posts: 31
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Gretchen, stop trying to make 'Gee Pee' happen, it's NOT going to happen!
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#15 |
"TRF" Member
Join Date: May 2020
Location: California
Watch: 15500, Santos
Posts: 207
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#16 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,878
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Yeah, I think GP, and UN, missed the opportunity this time around. The next bubble in about 12 to 15 years should give them a better position.
Have you considered the modern, and award-earning, Bvlgari Octo :) Bvlgari_Octo_Finissimo_S_side.jpg
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__________________ Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
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#17 |
"TRF" Member
Join Date: Jan 2017
Location: Earth
Posts: 2,443
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I hope this keeps up forever. I love being able to get whatever dress watches I want.
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Blancpain | Chopard LUC | Grand Seiko/King Seiko | Grönefeld | Laurent Ferrier | Moritz Grossmann | Omega | Trilobe | Urban Jürgensen instagram.com/ct_watch_guy |
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#18 |
2024 Pledge Member
Join Date: Nov 2020
Real Name: Jay
Location: Bay Area, CA
Watch: 326934
Posts: 2,270
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#19 |
"TRF" Member
Join Date: Nov 2011
Location: Paris
Posts: 3,553
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#20 |
2024 Pledge Member
Join Date: Nov 2020
Real Name: Jay
Location: Bay Area, CA
Watch: 326934
Posts: 2,270
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#21 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,878
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But it's just with the 'middle-ground' dress pieces imho. Go ultra-high-end dress and you bump up against high demand (again).
__________________
__________________ Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
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#22 | |
"TRF" Member
Join Date: Jan 2017
Location: Earth
Posts: 2,443
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Quote:
Outside of small volume indies, you can easily get most higher end dress watches from Lange, Moritz Grossman, Urban Jurgensen, Ferrier, Lang & Heyne, Patek and VC dress complications, etc. Within the last year alone, I have been able to get a 50 piece limited edition Urban Jurgensen, an 8 piece limited edition Moritz Grossmann, a steel Laurent Ferrier, a limited Gronefeld Principia and a 25 piece limited LUC. Obviously everyone's opinion of "higher end" varies, but I think that's a pretty good sample set.
__________________
Blancpain | Chopard LUC | Grand Seiko/King Seiko | Grönefeld | Laurent Ferrier | Moritz Grossmann | Omega | Trilobe | Urban Jürgensen instagram.com/ct_watch_guy |
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#23 | |
"TRF" Member
Join Date: Jan 2022
Location: California
Posts: 361
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Quote:
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#24 | |
"TRF" Member
Join Date: Jan 2017
Location: Earth
Posts: 2,443
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Quote:
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__________________
Blancpain | Chopard LUC | Grand Seiko/King Seiko | Grönefeld | Laurent Ferrier | Moritz Grossmann | Omega | Trilobe | Urban Jürgensen instagram.com/ct_watch_guy |
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#25 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,878
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True that, good points
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__________________
__________________ Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
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#26 |
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
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Not for me, no
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Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
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#27 |
"TRF" Member
Join Date: Jul 2020
Location: Maryland
Watch: 118209
Posts: 697
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I inquired about the 38mm Laureato maybe 6 weeks ago and was told that size was sold out worldwide and has been discontinued by GP. So there could be some supply shenanigans going on, along with the demand nonsense. This was from an SA at Watches of Switzerland who also said they had a bunch of other (larger) Laureatos in stock; I gather that's changed, as you say, in just the past couple weeks.
I do find the piece attractive (and was excited at the prospect of 38mm, which I find to be the perfect size), but can also admit that I wouldn't like it nearly as much if I weren't associating it with the Royal Oak. |
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#28 | |
2024 Pledge Member
Join Date: Jan 2019
Location: Here and there...
Posts: 1,861
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Quote:
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#29 | |
"TRF" Member
Join Date: Mar 2020
Location: Earth
Posts: 646
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Quote:
If 38mm is your sweetspot you may then want to think about Czapek Antarctique 38.5mm in Glacier Blue or in Salmon. As regards GP craze, it started, it will not stop soon. Whether we like their watches or not. Garbage or not. It is just the current market looking for any new targeted “hype watch”. |
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#30 |
2024 ROLEX DATEJUST41 X2 Pledge Member
Join Date: Jan 2017
Real Name: Eric
Location: USA
Watch: 252
Posts: 4,868
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Bought mine cause i like the looks and history of the Laureato line. Was also really impressed with the finish on the case and bracelet. Been wearing it a lot lately.
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