So... what else can we say about Snoopy 50?

[Nicolamilton]

Spanish mates told me a unit has just arrived to Omega Boutique in Madrid, only for exhibition.

[alllexandru]

OMG just got the call from my AD to be added on the list, seems I’m there on top of the list
Expected Feb 2021

Super excited on this



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[rick101]

Originally Posted by alllexandru

OMG just got the call from my AD to be added on the list, seems I’m there on top of the list
Expected Feb 2021

Super excited on this



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Country? Assume you have history with them?

[alllexandru]

Originally Posted by rick101

Country? Assume you have history with them?

Romania, yes I have recent history with them and express my interest from June 2020 and again on the release day


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[alpharulez]

Originally Posted by alllexandru

Romania, yes I have recent history with them and express my interest from June 2020 and again on the release day


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Sweet


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[Sandpit]

I'm looking for some opinions / guidance.

I really really want to add the snoopy to my growing collection at some point in the future. Problem is I already have my next piece set (DJ41) and I don't want to be in a position where two watches landed in quick succession.

If I go DJ41 first, do people think it would be too late to add my name onto the snoopy list in the New Year (February / March time)? Or, do we think that would be a risk and I should add my name down on both watches now.

Thanks everyone.

[Stevec14]

Originally Posted by Sandpit

I'm looking for some opinions / guidance.

I really really want to add the snoopy to my growing collection at some point in the future. Problem is I already have my next piece set (DJ41) and I don't want to be in a position where two watches landed in quick succession.

If I go DJ41 first, do people think it would be too late to add my name onto the snoopy list in the New Year (February / March time)? Or, do we think that would be a risk and I should add my name down on both watches now.

Thanks everyone.

I’d add your name now. There’s nothing that says you’ll have to buy it when it shows up. If you believe some here, it will be a while anyway.

[greengold]

Originally Posted by Sandpit

I'm looking for some opinions / guidance.

I really really want to add the snoopy to my growing collection at some point in the future. Problem is I already have my next piece set (DJ41) and I don't want to be in a position where two watches landed in quick succession.

If I go DJ41 first, do people think it would be too late to add my name onto the snoopy list in the New Year (February / March time)? Or, do we think that would be a risk and I should add my name down on both watches now.

Thanks everyone.

I'd say it's probably already too late judging by the amount of people on the 'waitlists' with the expected supply being limited in production

[Sandpit]

Originally Posted by greengold

I'd say it's probably already too late judging by the amount of people on the 'waitlists' with the expected supply being limited in production

I've done it. The waitlist doesn't sound crazy and I have a decent history with my dealer so lets see

[greengold]

Originally Posted by Sandpit

I've done it. The waitlist doesn't sound crazy and I have a decent history with my dealer so lets see

Good luck. If they are operating more Rolex style hopefully your history would put you ahead of someone with no history higher on the list. That's what you have to get is it is a 'register of interest' it doesn't necessarily mean they allocate exactly in order.

[Ringhio]

Originally Posted by greengold

Good luck. If they are operating more Rolex style hopefully your history would put you ahead of someone with no history higher on the list. That's what you have to get is it is a 'register of interest' it doesn't necessarily mean they allocate exactly in order.

The position on the list is totally up to the OB. So, history will help.

[samson66]

Visited a OB early this week. Asked about a Snoopy even though I'm not looking to buy one. He said 3-4 years, waiting list is full.

[Ringhio]

Originally Posted by samson66

Visited a OB early this week. Asked about a Snoopy even though I'm not looking to buy one. He said 3-4 years, waiting list is full.

Same estimate I got from my OB.
good to know at least they are consistent with the information they are giving.
Thanks for sharing!

[greengold]

Originally Posted by Ringhio

Same estimate I got from my OB.
good to know at least they are consistent with the information they are giving.
Thanks for sharing!

Assuming they are still making them in 3-4 years!

[Ringhio]

Originally Posted by greengold

Assuming they are still making them in 3-4 years!

Well, if you are in the list with the deposit, you will get it, even if the reference is officially discontinued.
They will produce those watches, there is no doubt about that.

Another story is if you are in the list of interest, you dont get in the official list and after 3-4 years the reference is discontinued. It that case, there is nothing to do.

[greengold]

Originally Posted by Ringhio

Well, if you are in the list with the deposit, you will get it, even if the reference is officially discontinued.
They will produce those watches, there is no doubt about that.

Another story is if you are in the list of interest, you dont get in the official list and after 3-4 years the reference is discontinued. It that case, there is nothing to do.

I read a thread maybe this one where some people had been called asking to take back their deposit.

[Ringhio]

Originally Posted by greengold

I read a thread maybe this one where some people had been called asking to take back their deposit.

It depends where you are located.
In US all the full deposits are guaranteed with a reference.
Omega applied different policies for different markets. I believe you are referring to the market in Asia, and specifically in China.

[greengold]

Originally Posted by Ringhio

It depends where you are located.
In US all the full deposits are guaranteed with a reference.
Omega applied different policies for different markets. I believe you are referring to the market in Asia, and specifically in China.

Yes that sounds right re: Asia interesting they did that assuming they forecast demand will far outstrip supply even to the point of the deposits already taken

[mmaggi]

Originally Posted by samson66

Visited a OB early this week. Asked about a Snoopy even though I'm not looking to buy one. He said 3-4 years, waiting list is full.

Well that blows. I was hoping 18 months at most. Whatever. Like I said: My chances are slim & none.

[Ringhio]

There you go guys, new video
https://m.youtube.com/watch?v=gP9TgHW-fcY

It seems that Omega is heavily targeting the Asian market.

[rick101]

Originally Posted by Ringhio

There you go guys, new video
https://m.youtube.com/watch?v=gP9TgHW-fcY

It seems that Omega is heavily targeting the Asian market.

Correct snoopy is very popular there I’m not sure why

[Ringhio]

Originally Posted by rick101

Correct snoopy is very popular there I’m not sure why

Large market + monetary resources + interest in luxury items.

I guess.

[Rollieo]

Originally Posted by Sandpit

I've done it. The waitlist doesn't sound crazy and I have a decent history with my dealer so lets see

I think you made the right decision.

My guess is, it’ll take a lot longer for you to get the Snoopy than the DJ41.


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[JonaG]

Originally Posted by Ringhio

Large market + monetary resources + interest in luxury items.

I guess.

+ a fascination with cartoon characters

[Sandpit]

Originally Posted by Rollieo

I think you made the right decision.

My guess is, it’ll take a lot longer for you to get the Snoopy than the DJ41.


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I think so too. Current advice on the DJ41 from the dealer is 3 months. I have however had some good news that a friend with a really really good history has given me his allocation slot. He’s been told 4 weeks on the snoopy which would be one of the first in the country. I’m not holding my breathe though.

[greengold]

https://www.carousell.sg/search/omega%20snoopy%2050th?

Only $50k :)

[mmaggi]

My fear is many purchasing this watch are doing it to flip it for profit, sooner or later. And that would really piss me off.

[nr1416]

Originally Posted by mmaggi

My fear is many purchasing this watch are doing it to flip it for profit, sooner or later. And that would really piss me off.

Sadly that's just the state of the watch market across all brands right now.

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[Ringhio]

Originally Posted by greengold

https://www.carousell.sg/search/omega%20snoopy%2050th?

Only $50k :)

The world is full of jokers :)

Give them a few more weeks and somebody will price it higher than a 5711.

If Omega contains the flippers and truly limit production rate, the value will stay fairly high.
My bet is that after the initial watches will hit the secondary market this will have a consistent premium.
When they will reopen the list in US, premium will drop a bit.
If it stabilizes to a 5k premium, it would be a win win for Omega and customers.
With some appreciation when they will (ideally and logically) discontinue the reference in 2025.

Who bets Omega can play the “hot steel reference hard to get” game like other brands?

[texasmade]

Originally Posted by greengold

https://www.carousell.sg/search/omega%20snoopy%2050th?

Only $50k :)

Well that’s SGD so converted to USD and it’s “only” $37k USD.