Future values? 5 or so years? value/quality sweet spot? - VC Overseas 3rd edition

[pierson]

Ok guys (and girls),

I'm a watch guy that has been bitten by, what I see as, the "big boy" watches (north of $15k used), but can only hold $20-25k at a time.

I've been hopping around a lot over the last couple years. Rolex Deepsea, Blancpain 50 Fathoms (with strap), Rolex SS Daytona, Panerai 10 day gold, Blancpain 50 Fathoms Gold, 1979 Rolex 1655, Lange 1, and now....
3rd Gen Vacheron Constantin 4500V (silver).

A lot of swapping with ADs and a lot of money lost (I'll admit it!), but that's ok. I've been having fun.

For awhile I focused on value and the market and really misplayed it. I'm trying hard to focus on the watch and what I love, BUT can't help but regret selling the Daytona before the burst (4 years ago) and loosing money on stuff like the two 50 Fathoms.

I've been in a tug and pull between watches that I think are incredibly well built (Blancpain) and watches that will hold their value (Rolex). It keeps pulling me back to Rolex, BUT for this money it just doesn't feel right. Paying crazy above asking money for a non-limited new GMT, when I can get a 50 fathoms with bracelet under $11k...?! Yes, I know I come back to the 50F, but, in my humble opinion they are sooooo well built and under valued. I doubt they will ever come up, though, because of the brand.

YES - I know many of you will say "go with what you love", but when you are ADD like me (and not loaded!) its hard to get great watches you love and not loose money.

I now find myself wearing a VC Overseas and kind of feel like I've hit that sweet spot. Dropping $16k on a mint used one doesn't feel like I'll get hosed when it comes time to sell.

Am I nuts? Anyone else out there that feels similarly?

[bondtoys]

Vacheron was always doing badly on the second hand market and I gave up hope that this will ever change substancially.

Their watches are great ( well some of them....) but if you wand/need to sell one of these - good luck!

[beshannon]

Originally Posted by pierson

Dropping $16k on a mint used one doesn't feel like I'll get hosed when it comes time to sell.

Am I nuts? Anyone else out there that feels similarly?

Are you buying from the original owner? Then he is taking the loss

Are you buying from a secondary dealer? They he offered less to get it so he can make a profit.

When the time comes to sell how much do you expect to make as your profit?

[MichaelFlash]

while VC is no Rolex in resale value, I do no believe you will get hosed on your 3rd Gen Overseas...its value is holding up pretty well so far

[Madmoney]

I don’t think the silver dial will hold up like the blue. Why don’t you consider a RO as they will hold value much better.

There seems to be a big gap between Rolex AP and Patek sports vs all others in terms of value retention. This is due to demand - there is increasing demand for VC Overseas but that’s all been fairly recent from what I can tell.

[pierson]

I hear you. Yeah, it was the "buy what sings to you" scenario.

AP RO 3 hand versions don't do it for me. The chronos do, but too big/bulky.

This guy feels perfect. We'll see what happens!

Originally Posted by Madmoney

I don’t think the silver dial will hold up like the blue. Why don’t you consider a RO as they will hold value much better.

There seems to be a big gap between Rolex AP and Patek sports vs all others in terms of value retention. This is due to demand - there is increasing demand for VC Overseas but that’s all been fairly recent from what I can tell.

[pierson]

Originally Posted by beshannon

Are you buying from the original owner? Then he is taking the loss

Are you buying from a secondary dealer? They he offered less to get it so he can make a profit.

When the time comes to sell how much do you expect to make as your profit?

I never expect to make a profit! I just buy/sell way too quickly. Hopefully I'll hold onto this one for "longer" than my average.

[JR16]

If we are in a recesssion in 5 years you will prob get hosed in resale. Just the way it is . We are prob at or near the top of the SS market IMO


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[GB-man]

You're doing it again and you will get hosed lol

[lig]

I don’t think future value is a term that can be used with many VC pieces as nice as they may be.

[locutus49]

Owning a VC is a pleasure tax: you are paying for enjoying yourself. Carry on.

[pierson]

Originally Posted by GB-man

You're doing it again and you will get hosed lol

Yep....

Maybe I should just buy a Casio!

[pierson]

Originally Posted by Madmoney

I don’t think the silver dial will hold up like the blue. Why don’t you consider a RO as they will hold value much better.

There seems to be a big gap between Rolex AP and Patek sports vs all others in terms of value retention. This is due to demand - there is increasing demand for VC Overseas but that’s all been fairly recent from what I can tell.

It’s going to be interesting.
AP RO are all over the place in my world and I can’t afford a bracelet PP, so, unless I go Rolex, the VC is really where I’m at. Plus, I do love it!!

[srvrf]

Watch for it preowned and you’ll do better. I’ve been looking into the dual time (and some GMT models), and I think the VC’s strength is the better WR and easily changeable bracelets and straps. Future demand is impossible to predict.


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[BigAppleBill]

Originally Posted by locutus49

Owning a VC is a pleasure tax: you are paying for enjoying yourself. Carry on.

+1
You like how the watch fits. Buy it if you can, and enjoy it! I like the blue and black dials equally, so I’d have a hard time deciding. I may have to go try one of these on.

[pierson]

Originally Posted by srvrf

watch for it preowned and you’ll do better. I’ve been looking into the dual time (and some gmt models), and i think the vc’s strength is the better wr and easily changeable bracelets and straps. Future demand is impossible to predict.


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“wr”?

[agentmeister5]

Originally Posted by pierson

“wr”?

Water Resistance

[MikeMike]

The current generation Overseas is doing really well. You will not lose much selling one bought new in the current market. As for the future, nobody knows.

[MikeMike]

Originally Posted by bondtoys

Vacheron was always doing badly on the second hand market and I gave up hope that this will ever change substancially.

Their watches are great ( well some of them....) but if you wand/need to sell one of these - good luck!

The Overseas is doing really well on the second hand market. No premium, but that is the case for all but a few watches.

[pierson]

Originally Posted by MikeMike

The Overseas is doing really well on the second hand market. No premium, but that is the case for all but a few watches.

We will see! I'm curious if VC will inch up the prices over the years, while demand stays higher than supply.

[beshannon]

Originally Posted by pierson

I never expect to make a profit! I just buy/sell way too quickly. Hopefully I'll hold onto this one for "longer" than my average.

Perhaps be more selective and less implusive.

When you see a watch that really sings to you, then you will know

[pierson]

We’ll see if I’m wrong, but I feel like this is a great buy (I have 0 connection, just bought my own)

https://www.ebay.com/itm/NEW-Vachero...b11c%7Ciid%3A1


I really do feel that the overseas is now at the level of the Nautilus and ROO

I’m also (biased) feeling the silver dial will stand the test of time. I fully intend on keeping this one for awhile!

[Toffeeman]

I believe VC Overseas is undervalued for now. They will benefit from the ‘unattainability status’ of Rolex and PP sports models.

[Pongster]

Originally Posted by pierson

We’ll see if I’m wrong, but I feel like this is a great buy (I have 0 connection, just bought my own)

https://www.ebay.com/itm/NEW-Vachero...b11c%7Ciid%3A1


I really do feel that the overseas is now at the level of the Nautilus and ROO

I’m also (biased) feeling the silver dial will stand the test of time. I fully intend on keeping this one for awhile!

I agree. I think overseas at same level as nautilus and royal oak.




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[Nikrnic]

The VCoverseas 3rd gens are no sleepers anymore with waiting lists now common which will lead to ADs holding firm on pricing. Im glad I got in now. I was lucky enough to find mine new 2 mos. ago at a fantastic price, good timing.
It's been my daily ever since, I just can't take it off, that makes it worth it right there.

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[bondtoys]

Originally Posted by MikeMike

The Overseas is doing really well on the second hand market. No premium, but that is the case for all but a few watches.

The Overseas was a relatively unwanted model for the first 2 decades of it‘s life.
There is currently a little hype for it because the alternatives are impossible to get (Nautilus, RO).

I don‘t see much additional substance than the OS being a placeholder for a more desirable watch, but only time will tell.

[ctm126]

I love the VC Overseas Chrono 3rd Gen... sadly I tried one on and I don’t think my 6.5” wrist could support it. Probably going to end up giving in and paying grey prices for a Daytona-C as much as that pains me.

[ap1]

Originally Posted by bondtoys

The Overseas was a relatively unwanted model for the first 2 decades of it‘s life.
There is currently a little hype for it because the alternatives are impossible to get (Nautilus, RO).

I don‘t see much additional substance than the OS being a placeholder for a more desirable watch, but only time will tell.

sounds about right

[outdoors_guy]

I think you should just go into a watch purchase assuming it will be a blood bath when you sell. If you’re not willing to hemorrhage money on resale of a watch (even if you can afford it, but simply don’t want to) I would recommend not buying the watch. When you have to start worrying about resale it sucks a lot of joy out of watches.

VC has done poorly at resale, but who knew the nautilus would be so popular now?