ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
29 March 2019, 07:10 PM | #1 |
Banned
Join Date: Jun 2018
Location: Chicago
Posts: 378
|
AP down in value??
These WatchBox guys seem to think so. But who cares about the value retention?
https://www.youtube.com/watch?v=h8k8...&frags=pl%2Cwn |
29 March 2019, 07:22 PM | #2 |
"TRF" Member
Join Date: May 2014
Location: united kingdom
Posts: 124
|
Newsflash, a lot of people do.
Sent from my iPhone using Tapatalk |
29 March 2019, 07:44 PM | #3 |
"TRF" Member
Join Date: Dec 2012
Real Name: Ash
Location: UK
Watch: AP Royal Oak
Posts: 4,544
|
I for one won’t be taking watch buying advice from a couple of chumps wearing preowned Omega James Bond watches.
Sent from my iPhone using Tapatalk |
29 March 2019, 08:47 PM | #4 |
Banned
Join Date: May 2007
Location: ASK
Watch: SubC.5711.D500
Posts: 2,236
|
These guys are talking about specifically the 15703 with the solid case back I think.
|
29 March 2019, 08:50 PM | #5 |
2024 Pledge Member
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 44,325
|
Ok.
|
29 March 2019, 09:22 PM | #6 |
"TRF" Member
Join Date: Dec 2018
Location: Australia
Posts: 259
|
I watched this and to be honest, I am less than impressed with their knowledge on AP and market tendency.
Sent from my iPhone using Tapatalk |
29 March 2019, 09:43 PM | #7 |
"TRF" Member
Join Date: Feb 2017
Location: London
Posts: 66
|
they are an ex AD so I am sure they also a little salty.
|
29 March 2019, 09:58 PM | #8 |
"TRF" Member
Join Date: Jul 2005
Real Name: Adam
Location: Philly ‘burbs
Posts: 5,629
|
Ah, so they lost their AP AD status?
__________________
Adam |
29 March 2019, 10:30 PM | #9 |
"TRF" Member
Join Date: Mar 2018
Real Name: Larry
Location: Finger Lakes
Posts: 6,007
|
Those two are unwatchable.
|
29 March 2019, 10:37 PM | #10 |
"TRF" Member
Join Date: May 2016
Location: NE
Posts: 2,749
|
My 15450 according to chrono24 dropped 2k in value literally overnight. I thought it was a bit weird but who knows. I do agree with some points about a very slippery slope going to boutique only model. Especially combined with poor customer service
__________________
Instagram @awristcheck |
29 March 2019, 10:46 PM | #11 | |
"TRF" Member
Join Date: Feb 2017
Location: London
Posts: 66
|
Quote:
yeah. Govberg owns watch box. |
|
29 March 2019, 10:48 PM | #12 |
"TRF" Member
Join Date: Apr 2015
Location: Stockholm
Watch: 15707CE
Posts: 1,979
|
I understand where you are coming from, they at-least don't inspire much confidence...
__________________
State of the union: 5066A,15400ST,15707CE,116610LN,26470OR and a few other… |
29 March 2019, 10:49 PM | #13 |
"TRF" Member
Join Date: Jan 2011
Location: ny
Watch: yacht master
Posts: 942
|
At the end of the day watches are a luxury item. We should be grateful that they hold some to any value.
|
30 March 2019, 12:49 AM | #14 |
"TRF" Member
Join Date: Feb 2019
Location: NYC
Posts: 424
|
Say what you want about the guys in the video but govberg/watchbox is a pretty big pre-owned dealer so I imagine they have a good pulse on the market.
If you want to know why AP is dropping go watch the Revolution Watch interview with AP's CEO at SIHH. The arrogance and attitude displayed at the poor launch of the Code1159 line is a massive turn off, underminds the entire brand, and shows AP really is a one hit wonder and will stay that way under current leadership. I know none of this should take away from the RO itself but let's face it, these are all over priced pieces of metal and a big part of what we pay for is the history, the brand, and what it stands for. If AP doesn't respect it's current customers and really hopes to own that rich 19 year old kid demographic good luck to them, but that's going to devalue the brand and it's watches for everyone else that owns or might buy one.... |
30 March 2019, 02:46 AM | #15 |
2024 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 36,815
|
Without watching the video I will say my outside opinion is that AP is going up in value to me because they actually have sports models that appeal to me and can deliver them in a reasonable time span without the nonsense that comes with dealing with rolex and patek dealers these days.
__________________
|
30 March 2019, 03:31 AM | #16 |
"TRF" Member
Join Date: Jan 2013
Real Name: SMD
Location: LGA/EWR/ORD
Watch: AP/PP
Posts: 3,653
|
Don't know their references, don't know the differences between 15703 and 15710, think movement finishing of the 3135 and the 3120 are the same. Not sure I would take much of what they say seriously. Turned it off a few minutes in.
|
30 March 2019, 04:16 AM | #17 |
"TRF" Member
Join Date: May 2014
Location: united kingdom
Posts: 124
|
AP definitely gonna be the next Panerai. I can see Offshores available new 20% off by next year.
Sent from my iPhone using Tapatalk |
30 March 2019, 04:34 AM | #18 | |
"TRF" Member
Join Date: Mar 2017
Location: uk
Posts: 989
|
Quote:
Wait guys, you forgot the Code eleven fifty thing, It will save AP and keep value retention to all watches ever after. Sent from my iPhone using Tapatalk |
|
30 March 2019, 07:34 AM | #19 | |
"TRF" Member
Join Date: Apr 2018
Location: N/A
Watch: Royal Oak
Posts: 345
|
Quote:
Offshore Ceramic 42mm Ghosts, and blue dial Beast 25th anniversary have been selling out. Seen the number of listed reissue Beast go from 30k to 33-35k and about 80% of them sell within the 3 months. Same with older 25721 series with the baton indices and small tapisserie have been moving up slowly from the 12-16k range to the 16-20k range. Its a sign of slow organic growth as collectors realize which offshores are collectible and which ones are manufactured artificially inflated limited editions. Watch box wants to drop AP down a bit because it will let them buy at a lower price, since nobody is selling. Most second hand dealers I know almost beg you to sell them hot AP models, as they sell out within less than a day. |
|
30 March 2019, 07:54 AM | #20 |
"TRF" Member
Join Date: Nov 2017
Location: Europe
Posts: 5,634
|
Would also be good to get the reference numbers correct when reviewing.
__________________
“My tastes are simple; I am easily satisfied with the best.” ― Winston S. Churchill |
30 March 2019, 10:49 AM | #21 |
2024 Pledge Member
Join Date: Jul 2010
Location: CT
Posts: 3,908
|
That was a bit painful to watch. Couldn’t finish it
|
30 March 2019, 10:54 AM | #22 |
"TRF" Member
Join Date: Dec 2009
Real Name: Bob
Location: Mountains
Watch: ALS, AP, PP, Rolex
Posts: 2,877
|
Fine with me. I’ll be happy for a discount on watches I like. (Though I think they’re full of it.)
|
30 March 2019, 11:06 AM | #23 |
"TRF" Member
Join Date: Nov 2012
Location: YYZ
Watch: PP AP Rolex PAM
Posts: 348
|
|
30 March 2019, 01:18 PM | #24 |
2024 Pledge Member
Join Date: Jan 2013
Location: Miami
Watch: me lose count.
Posts: 5,555
|
They provide micro-market facts, based upon chrono24 and ebay (as they admit). Prices will fluctuate but, key models will retain good value. I just bought a 26331ST new and under retail. I have no intention of selling the watch, so my risk is zero. This whole “resale value” based watch shopping is relatively new. I don’t get it. I buy the watch I like, if I dislike later or it doesn’t get wrist time, I offload...
__________________
♛ 116689 ♛ 116500LN Blk ♛ 116500LN Wht ♛ Sky Dweller 326934-003 ♛ 126710BLNR ♛ 126710BLRO - ♛ 126610LV ♛ 16520 ♛ 16523 ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1A-001 - AP 26331ST Panda - Panerai Fiddy 127, Bronzo 671, 687, 111, Ω Speedmaster 1957 Broad Arrow, Daniel Roth Endurer Chronosprint, Cartier Santos XL - ✿ Tudor Black Bay 58 Bronze M79012M, Montblanc TimeWalker Chrono 41 |
30 March 2019, 09:02 PM | #25 |
Banned
Join Date: Jun 2018
Location: Chicago
Posts: 378
|
|
31 March 2019, 01:11 PM | #26 |
2024 Pledge Member
Join Date: Apr 2015
Location: USA
Posts: 3,339
|
__________________
2FA-Enabled Official Member "Perpetual 30" Las Vegas International GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2019 |
31 March 2019, 02:40 PM | #27 |
"TRF" Member
Join Date: Sep 2014
Real Name: John
Location: Cherry Hill, NJ
Watch: PAM 372
Posts: 443
|
With AP going boutique only and restricting the amount of discount, I feel like their price will be pretty stable no?
Sent from my iPhone using Tapatalk |
31 March 2019, 03:04 PM | #28 |
"TRF" Member
Join Date: Mar 2012
Real Name: steve
Location: sydney
Watch: SMURF
Posts: 653
|
there is only one ap i am watching price wise (and only because chrono24 makes it so easy to do) and it is on the up and up so i don't know what informs the focus of this thread.
also skeletonised? everything seems insanely hard to get and very expensive if you can get it. |
1 April 2019, 01:42 AM | #29 |
"TRF" Member
Join Date: Dec 2016
Location: USA
Watch: AP||Panerai||Rolex
Posts: 759
|
|
1 April 2019, 02:15 AM | #30 |
"TRF" Member
Join Date: Dec 2013
Location: FL
Watch: platinum sub
Posts: 15,861
|
Not a fan of these two kids. But i will say this. I'd buy the diver at 13k over the hulk at 13k.
__________________
If you wind it, they will run. 25 or 6 to 4. |
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.