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View Poll Results: Speedy Tuesday Secondary Market: Boom or Bust? | |||
BOOM: It will do well in the secondary market | 24 | 66.67% | |
BUST: It will sell below retail in the secondary market | 12 | 33.33% | |
Voters: 36. You may not vote on this poll |
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12 May 2017, 01:52 AM | #1 |
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Speedy Tuesday: Boom or Bust?
What are your thoughts on how this will do in the secondary market? Will it be a sought after limited edition similar to the snoopy or will it flop like various other limited editions have done?
I confess that I very much like the look of this watch. But it seems expensive for what it is and the inscription on the caseback and association with social media is just cheesy. Thanks.
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12 May 2017, 01:59 AM | #2 |
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Buy what you like....but I think it should hold value pretty well with a killer design and under 2000 limited number. It's the only modern speedy I've seen that even gets the vintage guys out of bed. My vote is boom.
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12 May 2017, 02:02 AM | #3 |
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Thanks. I am a vintage guy... And I will buy what I like, but I refuse the buy dogs.... Best.
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12 May 2017, 02:44 AM | #4 |
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Based on a six hour sell out that shunned west coasters I'd say there is a long line of orders that didn't get filled. I know I learned about this six days later and had no chance. I think it holds strong for sure. so, boom
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12 May 2017, 02:50 AM | #5 |
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Only time will tell. I like the design and the fact that it sold out in a few hours tells me there are many that want it.
Sent from my iPhone using Tapatalk
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12 May 2017, 04:06 AM | #6 |
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Love the design and can't wait to own one and rock it on a bracelet!
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12 May 2017, 05:16 AM | #7 | |
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Quote:
I am hoping the leather strap is nicer then it looks. I would love to wear it on a great vintage style strap. Sent from my iPhone using Tapatalk
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12 May 2017, 05:23 AM | #8 |
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Problem is the the subdials now look all jammed together. Not really a speedy fan so there you have it.
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12 May 2017, 05:38 AM | #9 |
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With all the big social media watch guys buying it I'm sure it will be and remain popular and create a hype on the used market.
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12 May 2017, 06:11 AM | #10 | ||
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Quote:
Quote:
I have "reserved" one, just not entirely convinced yet..... it's odd.
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12 May 2017, 06:13 AM | #11 |
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Didn't bond with the CK will see how it's goes with the ST
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12 May 2017, 06:34 AM | #12 |
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I have a few thoughts on this one.
First and foremost, it is the coolest modern Speedy I've seen since the Mitsukoshi (sorry, not a fan of the Snoopy editions). I love the brushed case, the radial subdials, the reverse panda dial. They nailed it! Second, people keep talking about how it "sold out" in a few hours. It didn't. In fact they have not sold a single one yet, as far as I know. It was simply "reserved out", and those reservations involved no commitment, monetary or otherwise. I'm not saying this to diminish the desirability of the piece, I just don't think it is a good barometer for the market's demand for it. All that being said, based on the fact that the ST has many design features that Speedmaster enthusiasts love, and that it is a limited edition, I think that it will in fact be a success and its value on the secondary market will be strong. |
12 May 2017, 06:43 AM | #13 |
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If we forget about the ties to social media for a moment and simply evaluate the watch, it's still a big winner. Aesthetics in construction make this model completely unique compared to any other Speedy out there. Reverse panda, brushed case, radial subdials, ect are not found elsewhere in the Speedmaster lineage similar to this package.
Add to the above the immense popularity of the Speedy within the WIS community, very fast reserve exhaustion, those of us residing on the west coast couldn't even get a shot a reserving one, and the popularity of the social media...easy boom market. As a US west coast person, whom didn't have a chance, I would like there to be a number of people that pass on the watch so I can get pulled up from the wait list. However, I'm less than optimistic. That means looking at the secondary market for me. Ergo, my vote that this is a boom runs contrary to my own self interest. |
12 May 2017, 07:07 AM | #14 | ||
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Quote:
Quote:
I could have lived without the cheesy inscription on the back and the terrible leather and nato strap accessories... but oh well.
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12 May 2017, 07:17 AM | #15 |
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I just took a look at your instagram page, wow... With your collection, why even bother with the speedy. I would never wear it.
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12 May 2017, 11:33 AM | #16 | |
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Lol. Thank you... but I like all kinds of watches and in all price ranges and the speedy is an iconic watch. Sent from my iPhone using Tapatalk
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26 May 2017, 11:17 PM | #17 |
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I hope the pictures of the leather strap are not accurate. It looks like vinyl, not supple at all
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26 May 2017, 11:41 PM | #18 |
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Agreed. The straps look like they belong in the bin... but there are plenty of great vintage watch straps around.
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27 May 2017, 12:56 AM | #19 |
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I don't care about the value
would love to buy one but I was too late :-( I hope I can still get one but it will be very difficult I believe I'm on the 'waiting list' but I don't expect too much
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27 May 2017, 09:39 AM | #20 | |
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Ok I had to check out your page that's one serious collection truly the envy of any WIS! Sent from my iPhone using Tapatalk
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Rolex•Omega•Breitling•Grand Seiko "The only difference between crazy and eccentric is the size of ones bank account" Anonymous * Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons * |
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27 May 2017, 11:37 AM | #21 | ||
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Thank you! Quote:
Super! Good to know my friend. Be well! Sent from my iPhone using Tapatalk
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27 May 2017, 01:22 PM | #22 |
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I read somewhere that Fratello Watches themselves said there are over 6000 people on the waitlist for this watch. So even if none of the people with reservations pick-up their watch, it would still sell-out if just 1/3 of the people on the waitlist pick them up.
Few things in life are ever certain, but I'd bet good money that this watch will increase in value, and I'm not even a gambler! To me, the looks of this watch will appeal to the general luxury watch buyer much more than the Snoopy, which I think only watch enthusiasts or speedy fans appreciate. 2012 pieces for that market is not very much. |
27 May 2017, 09:52 PM | #23 | |
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Interesting. I had not heard that 6000 figure before. Best Sent from my iPhone using Tapatalk
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29 May 2017, 12:04 PM | #24 |
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Boom. The reps at the Omega dealer where I'm picking mine up said they have a waitlist of 10 people that want one and are willing to do just about anything to get one. That said, I'm keeping mine. Ps. I don't think anyone getting one of these cares about the straps. Most people I know waiting on one of these, already has a plan for something else. Best.
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29 May 2017, 12:22 PM | #25 | |
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Thanks and interesting to hear. Agree on straps 100%. Sent from my iPhone using Tapatalk
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29 May 2017, 02:51 PM | #26 |
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Amazingly cool looking speedy. Definite boom.
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