The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Old 16 September 2019, 05:11 AM   #1
Vittorio77
"TRF" Member
 
Join Date: Aug 2012
Location: Jakarta - Moscow
Watch: YM, Explo, Pelagos
Posts: 60
50th anniversary speedmaster

The new omega speedmaster Apollo 11 50th anniversary retails at around 10k us, but gray dealers o offer currently is at 12k plus. Given that there will be 6969 pieced produced, how justified is premium
It looks like omega is trying to play relax game with tight supply as well
Vittorio77 is offline   Reply With Quote
Old 16 September 2019, 05:50 AM   #2
othertbone
2019 Pledge Member
 
othertbone's Avatar
 
Join Date: Nov 2018
Location: Florida, USA
Watch: Rolex/AP/Vin Omega
Posts: 1,583
Quote:
Originally Posted by Vittorio77 View Post
The new omega speedmaster Apollo 11 50th anniversary retails at around 10k us, but gray dealers o offer currently is at 12k plus. Given that there will be 6969 pieced produced, how justified is premium
It looks like omega is trying to play relax game with tight supply as well


Wait 18 months and you'll be able to pick it up for 7k.
othertbone is offline   Reply With Quote
Old 16 September 2019, 06:09 AM   #3
Tools
Moderator & 2019 SKY-DWELLER Patron
 
Tools's Avatar
 
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 36,476
Omega has been playing this game for decades, they are not copying anything that Rolex does.

I have a true 50th Anniversary Speedmaster Professional LE, it came out back in 2007; next year they will have another "Anniversary" of some Speedy milestone.
__________________
(Chill ... It's just a watch Forum.....)
NAWCC Member
Tools is offline   Reply With Quote
Old 16 September 2019, 10:54 AM   #4
bonovox
2019 Pledge Member
 
Join Date: Nov 2011
Location: Colorado
Watch: BLNR / PAM000
Posts: 658
Quote:
Originally Posted by othertbone View Post
Wait 18 months and you'll be able to pick it up for 7k.
All you need to know.
bonovox is offline   Reply With Quote
Old 16 September 2019, 11:07 AM   #5
Cryten
2019 SKY-DWELLER Pledge Member
 
Cryten's Avatar
 
Join Date: Feb 2015
Location: Terrafirma
Posts: 2,297
6969 is anything but limited. Have they even sold that many of any of the previous models?
Cryten is offline   Reply With Quote
Old 16 September 2019, 12:57 PM   #6
Easy E
"TRF" Member
 
Join Date: Jun 2017
Location: GA
Posts: 1,126
Quote:
Originally Posted by othertbone View Post
Wait 18 months and you'll be able to pick it up for 7k.
Iím betting not even that long.
Easy E is offline   Reply With Quote
Old 16 September 2019, 01:17 PM   #7
importstunna
2019 Pledge Member
 
Join Date: Nov 2012
Real Name: Jon
Location: SF -> TPE
Watch: Sub BLRO Exp1
Posts: 668
Quote:
Originally Posted by othertbone View Post
Wait 18 months and you'll be able to pick it up for 7k.
+1. Most Omegas don't hold their values unfortunately, including there "limited editions". I would wait and not pay a premium for it.
importstunna is offline   Reply With Quote
Old 16 September 2019, 01:54 PM   #8
kuuttingg
"TRF" Member
 
kuuttingg's Avatar
 
Join Date: Jun 2018
Real Name: Kuuttingg
Location: SoCal
Watch: CK2998.SD43.D5000.
Posts: 102
Quote:
Originally Posted by Vittorio77 View Post
The new omega speedmaster Apollo 11 50th anniversary retails at around 10k us, but gray dealers o offer currently is at 12k plus. Given that there will be 6969 pieced produced, how justified is premium

It looks like omega is trying to play relax game with tight supply as well


Sadly, there are more Apollo 11 50th Anniversary on grey market than the Speedy Tuesday 1. Not to mention Apollo 11 just got released. Seeing $13K - $15K Apollo 11 on grey market made me cringed! Iíd rather spend that money on Hulk which will probably have a better chance of a higher resell value than Apollo 11. Hulk is not a limited edition.
kuuttingg is offline   Reply With Quote
Old 16 September 2019, 05:39 PM   #9
chunkythebulldog
"TRF" Member
 
chunkythebulldog's Avatar
 
Join Date: Sep 2017
Location: Northern Monkey
Posts: 334
Quote:
Originally Posted by Cryten View Post
6969 is anything but limited. Have they even sold that many of any of the previous models?
I think the Bond models are limited to 10007
chunkythebulldog is online now   Reply With Quote
Old 16 September 2019, 08:22 PM   #10
watchmaker
TechXpert & 2019 HARRODS Pledge Member
 
watchmaker's Avatar
 
Join Date: Feb 2009
Real Name: Scott
Location: London
Posts: 1,306
I wouldn’t be shocked to learn that a large number of the 6969 watches produced aren’t available for sale to the public. I suspect many will be gifted or made available to NASA employees past and present since it is much their milestone as it is Omega’s.
watchmaker is offline   Reply With Quote
Old 16 September 2019, 08:41 PM   #11
1William
2019 SKY-DWELLER Pledge Member
 
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 21,815
Time will tell. I believe this one will sell below retail in the future. You just have to wait for them to turn. 12K asking is alot differant than 12k getting. If you really want the watch why not negoiate some and see where you come in on the model.
1William is offline   Reply With Quote
Old 16 September 2019, 08:45 PM   #12
superdog
2019 GMT CHNR Pledge Member
 
superdog's Avatar
 
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 19,394
Surprised that they are going for this much.

I too think they will drop.

But for certain, this is not a move from the Rolex playbook. This is pure Omega strategy. For better or worse
__________________
Omega Watch Gathering Nov. 2nd. North Jersey

https://www.rolexforums.com/showthre...1#post10064931


IG: gsmotorclub
IG: superdog0013
superdog is offline   Reply With Quote
Old 16 September 2019, 09:03 PM   #13
JR16
2019 Pledge Member
 
Join Date: Jan 2013
Location: USA
Posts: 3,829
FOMO and bragging rights probably driving that $12k ask, dealers hoping buyers donít know there will be >6000 pieces , riding the wave of the speedy Tuesdays , etc. In one year they will probably settle to at or below retail IMO


Sent from my iPhone using Tapatalk Pro
JR16 is offline   Reply With Quote
Old 17 September 2019, 04:29 PM   #14
Stevec14
2019 GMT CHNR Pledge Member
 
Join Date: Nov 2016
Real Name: Steve
Location: U.K.
Watch: 16710, DJ41 blue
Posts: 3,015
Quote:
Originally Posted by kuuttingg View Post
Sadly, there are more Apollo 11 50th Anniversary on grey market than the Speedy Tuesday 1. Not to mention Apollo 11 just got released. Seeing $13K - $15K Apollo 11 on grey market made me cringed! Iíd rather spend that money on Hulk which will probably have a better chance of a higher resell value than Apollo 11. Hulk is not a limited edition.
I agree with you, but Iíd personally buy the watch I want to see on my wrist. Not take one I like less but might lose less money on....
Stevec14 is offline   Reply With Quote
Old 18 September 2019, 12:39 AM   #15
vandyologist
2019 Pledge Member
 
Join Date: Feb 2019
Location: NA
Posts: 230
I agree that nearly 7k pieces is a lot and that it won't hold it's current inflated value. That said, I recently saw one in the flesh and it's a beautiful watch. The new movement is a nice upgrade and the touches of gold are fantastic. I'll gladly pay retail for one and wear it regularly.
vandyologist is offline   Reply With Quote
Old 20 September 2019, 08:50 AM   #16
JCZ5
2019 DEEPSEA Pledge Member
 
JCZ5's Avatar
 
Join Date: Dec 2013
Location: New York
Watch: Rolex
Posts: 492
Quote:
Originally Posted by vandyologist View Post
I agree that nearly 7k pieces is a lot and that it won't hold it's current inflated value. That said, I recently saw one in the flesh and it's a beautiful watch. The new movement is a nice upgrade and the touches of gold are fantastic. I'll gladly pay retail for one and wear it regularly.

I agree! Picked mine up a month ago and sure I could have waited 6-9 months and get it grey. But I love it and I will wear it regularly.

Sometimes itís just about getting a piece you love and wearing it regardless of secondary pricing or speculation.


Sent from my iPhone using Tapatalk Pro
__________________
Instagram: jzhang5
JCZ5 is offline   Reply With Quote
Old 20 September 2019, 09:35 AM   #17
ttomczak
2019 SKY-DWELLER Pledge Member
 
ttomczak's Avatar
 
Join Date: Feb 2009
Real Name: Tom
Location: North Carolina
Watch: Snoopy
Posts: 2,478
Isn’t there a post here about jomashop having these for Right under 8k?
__________________
If you wind it, it tells pretty good time
(Paul Newman)
ttomczak is offline   Reply With Quote
Old 29 September 2019, 02:26 PM   #18
Lester
"TRF" Member
 
Join Date: Apr 2013
Real Name: Les
Location: Singapore
Watch: Rolex
Posts: 24
Thanks for sharing. :)
Lester is offline   Reply With Quote
Old 29 September 2019, 11:15 PM   #19
Tavli3
2019 Pledge Member
 
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 371
Quote:
Originally Posted by vandyologist View Post
I agree that nearly 7k pieces is a lot and that it won't hold it's current inflated value. That said, I recently saw one in the flesh and it's a beautiful watch. The new movement is a nice upgrade and the touches of gold are fantastic. I'll gladly pay retail for one and wear it regularly.


This is why I will take the other side of the value bet. Itís a historic watch itís a beautiful watch and as another poster stated I also think quite a few never will see an Omega boutique.

How many thousands of people who worked on the Apollo 11 project are still around.? A good many I would guess.

Will be fun to come back to this thread a year from now. Meanwhile Iím still waiting for mine to come in.

It would be nice to see Omega show some brand discipline and not come out with LEs every year and a culling of the line is very much needed.

When I go into the boutique I need my SR next to me to explain which speedmaster is this one which one is that one all through the store.

They also need to figure if they are a boutique seller or a Dealer seller. Crazy to go into a boutique and see almost every watch 25% less on the internet BNIB with warranty.

Not sure how they keep boutique open at my mall. Itís a gigantic store with literally 100s of watches. Iím usually the only one there when I visit. One of my SR had to move to NY store cause she wasnít making enough commission. I told her how do u expect to sell any watches when you canít match the street prices.
She had no answer.


Sent from my iPhone using Tapatalk
Tavli3 is offline   Reply With Quote
Old 29 September 2019, 11:29 PM   #20
GoingPlaces
2019 SKY-DWELLER Pledge Member
 
GoingPlaces's Avatar
 
Join Date: Jul 2014
Location: DC
Watch: me want more
Posts: 2,686
Hardly limited. Prices will soften, just wait.
__________________
Instagram: ontherighttrack88
GoingPlaces is offline   Reply With Quote
Old 29 September 2019, 11:29 PM   #21
mdx77
2019 Pledge Member
 
mdx77's Avatar
 
Join Date: Jan 2008
Real Name: Kurt
Location: Philly Burbs!!
Posts: 3,109
Give it time and wait if you really want one. Grey dealers snatch new releases up in a few hours typically to create a false demand and charge $2000+ in some instances. Then, the next "new" Limited Edition (hahaha) comes out and the previous one drops. Case in point, I'm looking to purchase the "old" Bond Spectre Seamaster. Just a few months ago it was fetching $9000+. I've seen quite a few in the market now @ $7500 since the new "On Her Majesty's Service" was released last week.
__________________
Rolex GMT Master II 16710 PEPSI
Rolex GMT Master II BLNR
Rolex Submariner LVC
Rolex Submariner "Bluesy" 116613LB
Breitling Navitimer 01 AB0127
Omega Speedmaster "Speedy Tuesday" ST1
Omega Seamaster Aqua Terra 150M Ryder Cup
Omega Seamaster Diver 300M Blue Ceramic
mdx77 is offline   Reply With Quote
Old 29 September 2019, 11:38 PM   #22
Tavli3
2019 Pledge Member
 
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 371
Quote:
Originally Posted by mdx77 View Post
Give it time and wait if you really want one. Grey dealers snatch new releases up in a few hours typically to create a false demand and charge $2000+ in some instances. Then, the next "new" Limited Edition (hahaha) comes out and the previous one drops. Case in point, I'm looking to purchase the "old" Bond Spectre Seamaster. Just a few months ago it was fetching $9000+. I've seen quite a few in the market now @ $7500 since the new "On Her Majesty's Service" was released last week.


Like I said Omega needs brand discipline!!
If they can hold out on Apollo 11 till 60th it will keep the 50th above water. They really should not issue another anniversary version till 75.


Sent from my iPhone using Tapatalk
Tavli3 is offline   Reply With Quote
Old 30 September 2019, 05:43 AM   #23
Cryten
2019 SKY-DWELLER Pledge Member
 
Cryten's Avatar
 
Join Date: Feb 2015
Location: Terrafirma
Posts: 2,297
Quote:
Originally Posted by Tavli3 View Post
Like I said Omega needs brand discipline!!
If they can hold out on Apollo 11 till 60th it will keep the 50th above water. They really should not issue another anniversary version till 75.


Sent from my iPhone using Tapatalk
They can't hold out, there are too many milestones to celebrate.

Buzz Aldrin's 90th birthday is getting close, there'll be a limited edition for that next ("limited" to only 9000 watches of course).
Cryten is offline   Reply With Quote
Old 30 September 2019, 07:21 AM   #24
FTX I
2019 Pledge Member
 
FTX I's Avatar
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 11,331
Old habits die hard so I think we'll be discussing the same thing the next few years lol
FTX I is offline   Reply With Quote
Old 1 October 2019, 05:56 AM   #25
samson66
2019 Pledge Member
 
samson66's Avatar
 
Join Date: Jul 2013
Real Name: Mike
Location: Eastern Shore MD
Watch: RolOmeDor
Posts: 4,313
13K on DavidSW currently

https://davidsw.com/watches/omega-wa...h-anniversary/
samson66 is offline   Reply With Quote
Old 3 October 2019, 04:21 AM   #26
edo
"TRF" Member
 
edo's Avatar
 
Join Date: May 2012
Location: Sarajevo
Posts: 1,189
Anyone betting that it will be under retail in 12-18 months period want a 1000$ bet?

Find me one popular limited Speedy (and this one will be in popular category) that BNIB goes for under retail... even used great condition From Moon to Mars, and that one not even consider popular by anyone, can't be found under retail... AS 35th goes 1,5X above retail used, STs BNIB are still above retail, don't even want to speak about Snoopys...
edo is offline   Reply With Quote
Old 9 October 2019, 03:42 AM   #27
jcoltrane
"TRF" Member
 
Join Date: Apr 2018
Location: Space
Posts: 162
I have no regrets paying $12k for the watch. I'm a huge Apollo fan, didn't have an existing Omega relationship, didn't want to build one, it's an absolute knockout in person, and I've already been able to enjoy it for weeks.
Attached Images
File Type: jpg IMG_7655.jpg (154.0 KB, 126 views)
jcoltrane is offline   Reply With Quote
Old 9 October 2019, 05:21 AM   #28
Tavli3
2019 Pledge Member
 
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 371
Looks beautiful on the wrist. All this Buzz butt nonsense. My boutique promises me Iíll have mine by end of week. Weíll see.

I think you did great at 12K since mine cost me a little over 10k with tax and Iíve been waiting since January. Most at 13k and up.

Omega needs to ease up on speedmaster versions. Next year is the 50th anniversary of The Snoopy for Apollo 13, the new steel 321 and the new Bond watch. No more Apollo 11 special editions till 60th or better yet 75th!


Sent from my iPhone using Tapatalk
Tavli3 is offline   Reply With Quote
Old 9 October 2019, 09:31 AM   #29
ap1
"TRF" Member
 
Join Date: Mar 2013
Location: usa
Posts: 12,769
Quote:
Originally Posted by Tavli3 View Post
Looks beautiful on the wrist. All this Buzz butt nonsense. My boutique promises me Iíll have mine by end of week. Weíll see.

I think you did great at 12K since mine cost me a little over 10k with tax and Iíve been waiting since January. Most at 13k and up.

Omega needs to ease up on speedmaster versions. Next year is the 50th anniversary of The Snoopy for Apollo 13, the new steel 321 and the new Bond watch. No more Apollo 11 special editions till 60th or better yet 75th!


Sent from my iPhone using Tapatalk
Not happening. 62, 64, 66 has a better chance
ap1 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


*Banner Of The Month*
This space is provided to horological resources.





Copyright ©2004-2019, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.