ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
20 May 2021, 03:18 AM | #451 |
"TRF" Member
Join Date: Sep 2018
Location: Bangkok
Posts: 204
|
Wondering if anyone got new CB from boutiques or AD since the production cut announcement?
|
20 May 2021, 05:28 AM | #452 |
"TRF" Member
Join Date: May 2018
Location: Somewhere north
Posts: 116
|
The CS wait lists at ADs is 1 to 2 years, yet pre-owned pricing is still just at MSRP or slightly below. Looks like the CS is the straggler in overall Journe secondary market upward movement, and are relative bargains at the moment.
|
20 May 2021, 06:50 PM | #453 |
"TRF" Member
Join Date: Jul 2005
Location: Europe
Posts: 2,794
|
__________________
Instagram : @collectible_watches |
20 May 2021, 08:22 PM | #454 | |
"TRF" Member
Join Date: Jul 2011
Location: London
Watch: 116519LN, 79220R
Posts: 314
|
Quote:
Still, Watchbox have a really big online following these days and have been pumping FPJ for a long time. We can easily imagine that if you're a whale who wants the watch and doesn't already have an 'in' with the boutiques, and have seen some watchbox videos, you can just hand over some silly money to Watchbox and get a watch that they've been hyping the last few years as an exceptional piece. Then as soon as you've paid a huge amount of money for one, they will pull another one out of the stockroom, perhaps with an even bigger price having proven that they could list something at $100k and sell it. Try selling them a CB for $95k to allow them to make a few thousand dollars of profit on it if it's really worth $100k, and they'll laugh at you. |
|
20 May 2021, 08:58 PM | #455 | |
2024 Pledge Member
Join Date: Jul 2018
Location: Santa Fe
Posts: 1,845
|
Quote:
People on websites like TRF have created this monster through our evolutionary choices and the monster has left it's cage and is roaming the world. Now, people who know nothing about watches but have lots of money want what we want; the CB, 5711, 5712, 116500, 116509, 15202, 5167, 5168, 5968, 15500 et al. |
|
21 May 2021, 02:17 AM | #456 | |
"TRF" Member
Join Date: Apr 2015
Location: Toronto, Canada
Posts: 48
|
Quote:
|
|
21 May 2021, 04:48 AM | #457 | |
"TRF" Member
Join Date: Oct 2014
Location: Florida/Canada
Posts: 1,270
|
Quote:
I checked Watchbox and Chrono24 and they don't have any for less than 40K. MSRP for the CS is about 33K for the gold version and 37K for the PT. I haven't seen any Journes on the secondary for under MSRP. |
|
21 May 2021, 07:11 AM | #458 |
Banned
Join Date: May 2013
Location: CT
Posts: 562
|
How old is that post you are quoting? This thread started in 2018.
|
21 May 2021, 08:57 AM | #459 |
"TRF" Member
Join Date: Oct 2014
Location: Florida/Canada
Posts: 1,270
|
|
21 May 2021, 01:40 PM | #460 | |
"TRF" Member
Join Date: May 2018
Location: Somewhere north
Posts: 116
|
Quote:
I’m in Canada and my grasp of Journe MSRP is... a moving figure as there is no official msrp here - it's mostly a product of USD-CAD exchange rate. Hence my comment. |
|
21 May 2021, 02:50 PM | #461 |
"TRF" Member
Join Date: Aug 2019
Real Name: Bill
Location: NYC
Posts: 1,735
|
I think you hit on the main reason the price continues higher. To start with, there have been a fraction of CBs produced compared to the mass production numbers of other high-demand watches. Then add to that the fact that people holding most of the CBs are true collectors and people who have a passion for the brand. These people are not your average flippers. The result of the constant demand that continues to grow as new people become aware of the brand, and only a few watches being available on the grey market at any given time, is a market price that will continue to incrementally increase. $100K has been breached and still there hasn't been a wave of private sellers. Where it stops, nobody knows.
|
21 May 2021, 09:04 PM | #462 | |
"TRF" Member
Join Date: Jun 2017
Location: Los Angeles
Watch: 3970
Posts: 3,793
|
Quote:
|
|
21 May 2021, 11:15 PM | #463 | |
"TRF" Member
Join Date: Aug 2019
Real Name: Bill
Location: NYC
Posts: 1,735
|
Quote:
And years later, after having added a 5070G and then an 1815 Chronograph, I eventually determined the 1815 Chronograph is the only one I want. I plan to sell the 5070G sometime in the coming months because the 1815 is just that special. I’ve found that it takes a while in this hobby, with some trial & error, to learn what you truly love to own & wear. For me, the WEAR part of the equation is key. I often remind myself of this because I don’t want to become a museum curator, nor can I afford to. The difficult (and expensive) part is that sometimes it takes owning a piece for a while to make that determination. Apologies for veering slightly off topic. |
|
23 May 2021, 06:30 AM | #464 |
"TRF" Member
Join Date: Jul 2019
Real Name: Eduard
Location: Europe
Posts: 331
|
Another one got auctioned in Zurich today - € 90k all in. Seems like CB really reached a new baseline
Sent from my iPhone using Tapatalk |
23 May 2021, 07:52 AM | #465 |
"TRF" Member
Join Date: Jul 2005
Location: Europe
Posts: 2,794
|
Can you post a link please?
__________________
Instagram : @collectible_watches |
23 May 2021, 08:07 AM | #466 |
"TRF" Member
Join Date: Apr 2015
Location: Toronto, Canada
Posts: 48
|
Add 24% buyer fee to these prices
|
23 May 2021, 08:52 AM | #467 |
"TRF" Member
Join Date: Oct 2016
Location: Montana
Posts: 3,222
|
$110k USD all-in for a CB?
That's utterly absurd. There's so many more watches you can get for $110k that are more complicated. |
23 May 2021, 09:06 AM | #468 |
"TRF" Member
Join Date: Jul 2005
Location: Europe
Posts: 2,794
|
Thanks for posting this
Sorry to see you were outbid
__________________
Instagram : @collectible_watches |
23 May 2021, 09:11 AM | #469 | |
"TRF" Member
Join Date: Jul 2005
Location: Europe
Posts: 2,794
|
Quote:
And the Journe CB became the most iconic FP Joure It’s their 5711 But I agree you can get more special watches IF special means complications I just got a notification , I can get a breguet chronograph TOURBILLON in white gold for only 34.000 euro That’s close to what I could get for my basic white dial steel Daytona Let’s be serious ... how the f@ck can a steel Daytona has the same value as a gold breguet chronograph tourbillon ?? I’m collection since more than 25 years and while I know quite a lot about watches... this is new to me.
__________________
Instagram : @collectible_watches |
|
23 May 2021, 06:05 PM | #470 | |
"TRF" Member
Join Date: Feb 2021
Location: USA
Posts: 2,374
|
Quote:
|
|
23 May 2021, 06:18 PM | #471 |
"TRF" Member
Join Date: Oct 2008
Location: aroundtheworld
Watch: SS Daytona - BLACK
Posts: 2,237
|
Has anyone tried to sell their CB? what is being asked and what is being offered are complete different things. And has anyone even asked WATCHBOX? they might by 1 or 2 pieces at a high price so as to support the market, but really, imagine 10 people offered them the CB at the same time. I am quite certain they will be asking for at least 35-40% margin. The whole this is so opportunistic and by creating an iconic aura, it makes it an illiquid market as Journe himself isn't producing more than 1000 pieces a year. I wouldn't even be surprised if it was watchbox offering their own stock for auction to quietly prop the market up and get rid of inventory.
__________________
116520 Black - 116500 White - 116713LN - 116613LB - Panerai 389 - Chopard Mille Miglia GMT Chronograph - Chopard LUC Sport 2000 - Moser Pioneer Centre Seconds |
23 May 2021, 06:34 PM | #472 |
"TRF" Member
Join Date: Mar 2016
Location: Taipei
Posts: 102
|
except for rolex or hot PP/AP sport models , bid/ask spread for most of watches is at least 30%.
|
23 May 2021, 06:36 PM | #473 |
"TRF" Member
Join Date: Mar 2016
Location: Taipei
Posts: 102
|
|
23 May 2021, 08:36 PM | #474 | |
"TRF" Member
Join Date: Jun 2011
Location: Singapore
Posts: 1,820
|
Quote:
|
|
23 May 2021, 10:15 PM | #475 |
"TRF" Member
Join Date: Aug 2019
Real Name: Bill
Location: NYC
Posts: 1,735
|
Looks like $110K is the new high water mark. Impressive.
|
24 May 2021, 01:27 AM | #476 |
"TRF" Member
Join Date: Feb 2021
Location: USA
Posts: 2,374
|
Exactly. At $110k for a CB, one could have acquired at least a Resonance which is a real iconic piece. And I assume that Journe collector is probably not in the same group as the ones in the SS sports watch chase. BTW, I really like the CB and would get one without second thought from the boutique but since it is impossible, I am resigned to enjoying what I have now. |
24 May 2021, 05:50 AM | #477 |
"TRF" Member
Join Date: Mar 2017
Location: North Carolina
Posts: 1,119
|
F.P. Journe Chronometer Bleu pricing going through the roof!
Holy non-fungible tokens! $110K!?? Bananas!
I’ll sell the below NFT for $24,900. ; ) |
24 May 2021, 10:45 PM | #478 | |
"TRF" Member
Join Date: Jan 2020
Location: -
Posts: 118
|
Quote:
Yes I’ve asked WatchBox and they showed 30% below what they were listing one for at the time. Sent from my iPhone using Tapatalk |
|
25 May 2021, 01:37 AM | #479 |
"TRF" Member
Join Date: Mar 2016
Location: Taipei
Posts: 102
|
I also asked them seriouisly. I was offered 100K USD for 2021 Mar. not the one listed on their website.
|
25 May 2021, 01:39 AM | #480 |
"TRF" Member
Join Date: Mar 2016
Location: Taipei
Posts: 102
|
70k to buy one from watchbox now, which I think it is difficult.
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.