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11 June 2021, 11:35 PM | #571 |
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Begs the question. What is a 100k watch? Is any watch a 100k watch? I think sometimes we get too bogged down into values when the whole thing is sort of crazy to begin with.
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11 June 2021, 11:43 PM | #572 |
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You are saying the 5711/1A is no 110k watch. At the same time you are not selling which means you prefer to own your two 5711/1A over netting 110k for each (or maybe 80-90k if you sell to a dealer). Hence, it obviously is a 110k watch for you. Same old inconsistent story. Case closed, or did I miss something?
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12 June 2021, 12:37 AM | #573 | |
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My 38mm CS is selling for double to triple what I paid for it and is no longer in production. I wouldn't sell it though because I love the piece and wear it all the time. It was worth what I paid for it back then, but I wouldn't purchase at anywhere near the current asking prices. |
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12 June 2021, 01:00 AM | #574 | |
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Platinum Dato up down , RG Journe CMS, Journe resonance , Lange ZW date
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12 June 2021, 01:42 AM | #575 | |
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12 June 2021, 03:17 AM | #576 | |
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Can you actually get a CO for CB? Maybe only in the last week if the CB spike is real and CO has not budged? Which is unlikely. I’d happily swap my CB into a CO if I’m wrong though. And I never understand when people say something is not worth X if multiple people are willing to pay that amount. That is literally the definition of market value. Just because you yourself wouldn’t pay X doesn’t mean it’s not worth X... Sent from my iPhone using Tapatalk |
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12 June 2021, 03:39 AM | #577 | |
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12 June 2021, 03:53 AM | #578 | |
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12 June 2021, 04:03 AM | #579 | |
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If you’ve been collecting watches for a while, one of those rare things that you learn to pay attention to is when you feel a certain unmistakable enjoyment every time you wear a certain watch. For me, the CB is that watch. I’ve experienced enough infatuations with other watches that I bought (or almost bought), only to fade away. I’m pretty certain that if I ever sold or traded my CB I would most likely never be able to get another one. It’s fun to see the crazy market prices, but a part of me wishes this distraction would all go away so I can just enjoy my watch. |
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12 June 2021, 05:09 AM | #580 | |
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I haven't seen any COs for sale on the secondary recently, but I am sure they will be close to if not more than a CB. You can still get a CO at retail from a boutique, but not a CB, so getting on the list for a CO and selling the CB would be an option. That being said, unless I am in dire need of money, I will not sell my CB for the same reasons BigAppleBill mentioned above. |
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12 June 2021, 05:44 AM | #581 | |
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I have sympathy for all kinds of irrational behavior and I am sitting in a similar boat as GreenLantern in neither buying nor selling at current market prices. But I am not arguing that these watches are no 80k or 100k watches. At this point they are and everybody has to deal with it. Like it, hate it, or be indifferent. |
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12 June 2021, 08:39 AM | #582 |
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All Journes are scarce, but because of the demand for CB I don’t see prices coming down. How many CBs exist— 2k? Extremely small ##. I enjoy mine too much to let it go even at these prices. Would be extremely difficult to replace down the line.
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12 June 2021, 01:00 PM | #583 |
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By Journe standards 2000 pieces is a huge number. Doesn’t matter for price with
demand as is but rare by Journe standards it is not even remotely.
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12 June 2021, 01:13 PM | #584 |
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Sure...relative to other Journe models, 2000 is not a low number. But if we are talking compared to other brands, and with respect to demand, it is LOW.
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12 June 2021, 02:11 PM | #585 |
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Doubtful there have been 2000 CBs produced. It was launched in December 2009, so really that's a 2010 start date. How many were produced in a year on average? Maybe 125? So that's 125 x 11 years = 1375. Let's even round up to 1500 total. That is still not many watches produced for such a time span.
Just to help bring that into perspective, currently on Chrono24 there are 409 listings for Patek 5711s. |
12 June 2021, 11:17 PM | #586 |
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It has just occurred to me that the most active threads on the forums now are “is this watch worth zillions?”. Watch forums used to be used for people to ask questions on how well a movement is finished, any issue for a particular watch, etc.
Nowadays, it feels more like a penny stocks investment forum than a venue to share appreciation of the art and craft. Admittedly, I am also guilty of adding to the fuel here. We should get back to posting pictures of our watches and discuss about the watches and not the worth of the watches. May be we need an Investment sub forum. |
13 June 2021, 01:19 AM | #587 | |
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13 June 2021, 01:21 AM | #588 | |
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This is my last post on this topic |
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13 June 2021, 01:23 AM | #589 |
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13 June 2021, 03:59 AM | #590 |
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I don’t mind any value discussions because as a collector in this current crazy world where everything is going above retail we need to know what’s going on in the real market and what’s better place to have a light chat over..
Nonetheless I totally agree with adding some photos and make this discussion more about appreciating and remind ourself why the CB demand so much attention from all serious collectors around the world.. personally I own two (2) CB one from 2012 (darker blue strap) and another from 2019 (bright blue strap). The later one shown in these photos is unworn. The first one I bought with discount and the second one I bought at retail. Now here’s the photos to remind us the exceptional beauty of the legendary CB.. IMG_9582.jpg IMG_9584.jpg Cheers! Sent from my iPad using Tapatalk |
13 June 2021, 10:21 AM | #591 |
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Despite all the talk of the CB not being much value, I think given the crazy current market and all the pumping done by WatchBox, the auction houses and Journe themselves, the prices make sense (which is insane to say). Honestly, if I were to pick one watch that should be worth 100k between the 15202, 5711 and CB, it would be the CB.
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13 June 2021, 12:45 PM | #592 |
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If I were to pick up one watch that should be worth $100k between the 15202, the 5711, and the CB, it would be neither, because neither is a $100k watch to me.
I'd rather spend $100k on an FPJ QP or an FPJ CO. Or any number of Lange's (most of which are still reasonably priced on the secondary market right now, too). |
13 June 2021, 12:45 PM | #593 | |
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I miss those days. |
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13 June 2021, 04:29 PM | #594 | |
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Love your originality (not a fan of Mille and NEVER will be, sorry) But the MB&F and definitely the Corum are 2 pieces you won't see often ....
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13 June 2021, 05:05 PM | #595 | |
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If someone said you’ve won their raffle and can choose between an FPJ CB or an 1815 chronograph, which would you choose? Sent from my iPhone using Tapatalk |
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13 June 2021, 06:40 PM | #596 | |
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What I find intriguing is that we have not found the ceiling yet on this piece. Us, Enthusiasts, get a feeling that everyone is aware of Journe. It is growing fast and the word is getting around quickly. That is true. More and more collectors are getting exposed to FPJ watches not to mention those collectors that are naturally outgrowing Patek, Rolex, AP etc as a natural progression. This is the part why I like this thread, it is not about just the cost/resale but the desire of the piece and what is making it desirable. Also, it was here that I was shock to realize that there might be less than 2000 made all these years (at this point)- much less perhaps. Heck, when I bought my AP Code1159 Purple (I knew, I know, be gentle with the jokes: I love the piece), the seller said they are “just”making 2000 of each color a year! I kept thinking, wow, that is so little. …And then you realize this about the CB. It is hard not to fall into the hype especially when the CB is really just a fantastic piece, money aside. We all know the details: crazy metal Tantalum, beautiful movement in gold, and a chameleon that goes with ANY outfit! Plus, it keeps amazing time and so legible at 39mm. Now the price, $24,900 is a steal knowing how hard it is to make. Real genuine value. At $110K, if I had a throwaway money, I’d probably pay it as I know I would not get it at any boutique, and if so, 12 year wait list. PPlleeease! Give me a break. Are there other watches that are amazing at that value or less? Of course. I have a 20 watch log list. But, it will not be the CB! @Jennifer, curious. Why 2 CBs? Are they different somehow - slight difference in dial color? I hear that the hour hands could be creamier or whiter depending on the year but don’t really know. |
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13 June 2021, 06:54 PM | #597 |
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I got mine about two years ago and mine is in the low thousands so I would imagine there is significantly less than 2000 currently.
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13 June 2021, 07:26 PM | #598 | |
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As another member said, I would never spend 100k on a 5711, 15202 or CB EVER. A friend of mine owns a CB and finds it very delicate / not adequate for his lifestyle. He does own a Breitling, Rolex and some other watches for daily purposes but the CB, in a small collection, can't really be used as a "sporty" watch or an actual dress watch. IMHO this watch has no identity, or an identity crisis. |
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13 June 2021, 08:34 PM | #599 | |
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If I was a flipper, obviously I'd go with the CB, it goes for 2x the 1815 Chrono, and it's a raffle, so it's not like I'm betraying an AD relationship. |
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13 June 2021, 09:34 PM | #600 | |
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One of the problems is that there are many buyers who place zero value on complications, in fact it can be a negative from the perspective of delicacy and service cost and, from a rarity perspective, three hand watches from Patek and Journe are it, particularly in non-precious metal. |
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