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Old 7 October 2021, 07:50 AM   #1
Dsmith1974
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Eichi II resale value

Would anyone care to have a guess at how well an Eichi II would hold its value (or not)? I donít think ever seen for sale second hand.

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Old 7 October 2021, 10:51 AM   #2
tom2517
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Would anyone care to have a guess at how well an Eichi II would hold its value (or not)? I donít think ever seen for sale second hand.

TIA


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I think a collected man just recently sold a platinum one.
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Old 7 October 2021, 12:48 PM   #3
fullofboats
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I think a collected man just recently sold a platinum one.
Yes. The ask was $50k or so. Philips also auctioned one summer of 2020

Donít buy an Eichi to flip. The market is very illiquid.
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Old 7 October 2021, 04:58 PM   #4
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Yes. The ask was $50k or so. Philips also auctioned one summer of 2020

Donít buy an Eichi to flip. The market is very illiquid.

Cheers. It wouldnít be to flip. I havenít sold a watch yet other than to trade it for another one. At the same time, owning a liquid watch like a Rolex gives you some peace of mind. If you need the money, you can get it quickly.

There are also some Langes Iíd love (One Moon, 1815 UpDown, Saxonia thin, but I hear they can take up to a year to sell. Unfortunately, it leaves me feeling a little exposed.


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Old 7 October 2021, 05:21 PM   #5
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I’ve been wondering what a fair price for one is used. Can’t seem to find comps
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Old 7 October 2021, 10:16 PM   #6
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Feels like a watch that buyers would want a deal on and sellers wouldnít want to slash the price to get there (too nice!). Illiquid but I imagine the market for them might be strongest in Asia?
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Old 8 October 2021, 12:14 AM   #7
fullofboats
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Feels like a watch that buyers would want a deal on and sellers wouldnít want to slash the price to get there (too nice!). Illiquid but I imagine the market for them might be strongest in Asia?
Yes. Most popular in SG I think. Iíve seen three pop up there for resale within the last two years. Bob Maron had one for sale early this year. Plus the two from ACM and Philips. All together there may be 150 or so in the world so itís a rare piece but also not high in demand. Can still order from GS boutiques. Iíd assume at least at 10% commission to sell. Maybe 25% if you go through an auction house.
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Old 1 December 2021, 12:28 PM   #8
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Is there any type of aggregating site or service for watches sold across different auctions, sites, etc. Something with a wider range than watchrecon? Something akin to classic [.com] for cars?
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Old 1 December 2021, 03:00 PM   #9
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Is there any type of aggregating site or service for watches sold across different auctions, sites, etc. Something with a wider range than watchrecon? Something akin to classic [.com] for cars?
Have you tried watchcharts?
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Old 1 December 2021, 04:11 PM   #10
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Have you tried watchcharts?
I look at WatchCharts occasionally but they don't seem to take into account things like condition and if the watch comes with B&P, etc. I've seen minty full sets labelled High Price next to banged up watch-only listings of the same reference labelled Fair Price just because they're a couple of hundred $$ cheaper.
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Old 2 December 2021, 01:37 AM   #11
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Cheers. It wouldnít be to flip. I havenít sold a watch yet other than to trade it for another one. At the same time, owning a liquid watch like a Rolex gives you some peace of mind. If you need the money, you can get it quickly.

There are also some Langes Iíd love (One Moon, 1815 UpDown, Saxonia thin, but I hear they can take up to a year to sell. Unfortunately, it leaves me feeling a little exposed.


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Stick with Rolex, Patek, AP if resale and liquidity are of concern.
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Old 7 December 2021, 11:15 PM   #12
Jay (Eire)
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The big issue is liquidity as others said. There are not many buyers for this watch. Of course a dealer might take it from you but boy are you going to pay for that lack of liquidity. Did ACM own those Eichi’s outright or were they consignment? Probably the latter, and if so that’s another relevant data point.

In my head if I was buying this watch my assumption on exit price would be $30k. If I can live with that then I’d be OK to buy, but if a sale at that price would be something I could not swallow then I’d have to pass.
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Old 8 December 2021, 01:36 AM   #13
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The big issue is liquidity as others said. There are not many buyers for this watch. Of course a dealer might take it from you but boy are you going to pay for that lack of liquidity. Did ACM own those Eichiís outright or were they consignment? Probably the latter, and if so thatís another relevant data point.

In my head if I was buying this watch my assumption on exit price would be $30k. If I can live with that then Iíd be OK to buy, but if a sale at that price would be something I could not swallow then Iíd have to pass.
Iíd also assume a dealer would offer something like 30k to buy and resell for 50k.

FYI to anyone looking, Philips NY is auctioning a pt white dial Eichi 2 next week. Philips HK auctioned a blue one for $50k two weeks ago.
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