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Mint Dread´ didn't make the auction...  Rate Topic 
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 Posted: Mon Sep 27th, 2010 05:57 am
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Hammerfjord
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I was following this auction on the Bay...Sure enough, it's not often that a minty Dread´ makes it to the bay and as it was stipulated "Very low reserve for this piece of horological history." in the listing, I thought that I would get a look to the end.
Low reservesubtlelaugh.gif?
Let's see:http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320591709493&ssPageName=STRK:MEWAX:IT#ht_500wt_1154
Seems like everybody went tired bidding at 1800$, except the top guy who was on "automatic biding...
I resume: The watch was costing 450£ or around 720$ when it came out of TimeFactor in 2003.
After that, somes sold for 1500$ and even one sold for 2061$ in june 2004(facts from the Dread´net site:http://www.prs2dreadnought.com/review.htm
I must have missed some episodes in the dynasty of this watch who ?supposedly? went way over those prices, as the reserve was so "...very low..." on this blasted piece presented on the Bay..???mistake.gifdog smile.gif
Anyway, even the watch was made in only 200 pieces and never made again, it's still housing a 2824-2(chrono-grade yes...) and nothing else.
Seems like many understood that from 2000 buks: There's a deal of inhouse to get down there...
I went over(like many others) a mint Alpina Avalanche Extreme Regulateur Manufacture(meaning 100% inhouse movement) who was selling for 1688$ (starting bid) until last week: Nobody clicked this one.
So here we go guys: The madness and speculation for the PRS-2 seems to die and it was maybe time as there's a bunch of wilder watches out there at better pricesmuppet.gif
By the way, I was personnaly not willing to offer more than 1200 for it: Why?
Well, it's a nice watch but not mystified in my eyes.
Watches of this quality grade and even with cases made by Fricker(even in low quantity batch), don't have to cost over 2000 buks.... Remember ,Eddie proved it in 2003.

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 Posted: Mon Sep 27th, 2010 06:06 am
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bigrustypig
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I've heard about this brand and this watch, Will. I think it's ok. However, I have to admit my knowledge and research on it is not as extensive as I would have wanted.

Thanks for the tip, thoughThumbsUp02.gif

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 Posted: Mon Sep 27th, 2010 07:26 am
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Paxman
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Will, these have steadily shot up in value due o the exclusivity of the piece. Eddie Platts puts together very nice watches and the Dread is thought by many to be his best. You see these selling for just north of 2k on the forums. The Dread is a true grail for many due to its robust spec, place in horological history and its exclusivity.

Be aware that "in-house" movement on the Alpina is a reworked (by Selitta) 6498 so not truly a manufacture movement.

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 Posted: Mon Sep 27th, 2010 08:00 am
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Hammerfjord
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Paxman wrote:
Will, these have steadily shot up in value due o the exclusivity of the piece. Eddie Platts puts together very nice watches and the Dread is thought by many to be his best. You see these selling for just north of 2k on the forums. The Dread is a true grail for many due to its robust spec, place in horological history and its exclusivity.

Be aware that "in-house" movement on the Alpina is a reworked (by Selitta) 6498 so not truly a manufacture movement.


Thanks for the info on the Alpina Mark. Anyway, the interest for this PRS-2 piece wasn't there above the 2K...
My point was that from 2K, you can have access to other slightly used inhouse models: You know that as I do.
Here's a new:http://cgi.ebay.com/Zenith-Class-Chrono-El-Primero-HW-02-0500-420-24-M501-/200523918945?pt=Wristwatches&hash=item2eb0282e61#ht_4470wt_1206
I don't mind about the status of watches in the forums: There's a lot a guys there who would pay thousands just for a name.
From my side: From 720 to over 2000 buks, I call this a kind of Mass Hysteria.
You know as me that a bunch of WIS are wearing a watch just to impress them neighbourgh.
It's not the first time that a watch of this quality level is made and not the last time either, even at low quantity, and it don't need to rise at this price level.
Seems like many persons agreed with that when looking at this international auction...
Speaking of icone and quality: I would better have a Primero.

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 Posted: Mon Sep 27th, 2010 10:27 am
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Skipdawg
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Both cream of the crop watches Will. I would not mind owning both.

toon1.gif

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 Posted: Mon Sep 27th, 2010 10:35 am
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Paxman
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Certainly not an apples and apples comparison. The Dread is a bullet proof tool diver while the Zenith Chrono is for pretty boys...dog smile.gif

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 Posted: Mon Sep 27th, 2010 10:42 am
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Skipdawg
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Paxman wrote: Certainly not an apples and apples comparison. The Dread is a bullet proof tool diver while the Zenith Chrono is for pretty boys...dog smile.gif

Pax I guess I'm a pretty boy that bites. LOL

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 Posted: Mon Sep 27th, 2010 10:51 am
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oagaspar
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the Dreadnought will always be regarded as the 1st high end micro brand watch made that became a collectible ....it's the history behind the watch and why Eddie built it that makes it so desirable....Eddie set out to prove that he could build a top notch diver that would not break the bank or the pockets of WIS and he did....this was the 1st of the Fricker divers using this case design and it set off a chain reaction of copy cats which included some big name Swiss companies....there were many that sold in the $2400. + range at one time but like anything interest does die down.The Dread was a true tool diver like none other at the time.ThumbsUp02.gif

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 Posted: Mon Sep 27th, 2010 11:32 am
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Hammerfjord
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Paxman wrote:
Certainly not an apples and apples comparison. The Dread is a bullet proof tool diver while the Zenith Chrono is for pretty boys...dog smile.gif

Hehehe, yeah, well, I love fine ingeneering and the Primero touch my heart on this side. Offcourse, I would prefer a Rainbow diver version...
Anyway, I have a deal of bunker watches and changing is good for the soul.
There's a bunch of bullet-proof watches who take it harder than the Dread for better price anyway...

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 Posted: Mon Sep 27th, 2010 11:38 am
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Hammerfjord
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oagaspar wrote:
the Dreadnought will always be regarded as the 1st high end micro brand watch made that became a collectible ....it's the history behind the watch and why Eddie built it that makes it so desirable....Eddie set out to prove that he could build a top notch diver that would not break the bank or the pockets of WIS and he did....this was the 1st of the Fricker divers using this case design and it set off a chain reaction of copy cats which included some big name Swiss companies....there were many that sold in the $2400. + range at one time but like anything interest does die down.The Dread was a true tool diver like none other at the time.ThumbsUp02.gif


I know Oscar... But people have to move on: Time goes and the Dread is not what it was at it's time. The very good investment was made by those who had it at original price. The ones who bought it at 2400 been exploited by the popularity and the greed of some speculators: My opinion.
Now Mark wanted an apple for an apple and here it is for 1200 buks:http://cgi.ebay.com/KORSBEK-OCEAN-EXPLORER-FRICKER-DESIGN-1000M-DIVER-LTD-/350392909173?pt=Wristwatches&hash=item51950b7d75#ht_1687wt_1137
toon1.gif

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 Posted: Mon Sep 27th, 2010 11:53 am
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Paxman
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That sure is more an apples to apples comparison. What's funny is that the poster touts the Fricker case by stating: One of their most successful designs was the very collectable PRS Dreadnought. With only 100 of these Korsbek OE’s manufactured, in the future these may well join the ranks of the Dreadnought. Fricker case designs are designed and made with ultimate precision and are sturdy as a tank.

Will, Eddie got magic in a bottle with the Dread and it has simply become one of the iconic modern dive watches. The fact is the market has supported the inflated prices. Will Korsbek fair the same? Personally I get tired of people looking for and declaring the next Dreadnought. It was and is one of a kind imho.

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 Posted: Mon Sep 27th, 2010 01:04 pm
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Hammerfjord
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Paxman wrote:
That sure is more an apples to apples comparison. What's funny is that the poster touts the Fricker case by stating: One of their most successful designs was the very collectable PRS Dreadnought. With only 100 of these Korsbek OE’s manufactured, in the future these may well join the ranks of the Dreadnought. Fricker case designs are designed and made with ultimate precision and are sturdy as a tank.

Will, Eddie got magic in a bottle with the Dread and it has simply become one of the iconic modern dive watches. The fact is the market has supported the inflated prices. Will Korsbek fair the same? Personally I get tired of people looking for and declaring the next Dreadnought. It was and is one of a kind imho.


This seller just try a selling trick who works most on investors wannabee.
Honnestly Mark, I never looked for the next Dreadnought because not 100% of the Dread´ satisfies me and I would not have designed it exactly like that if it would have been my call...
Buying a Korsbek in hope that it become a new Dread´ is just good for value speculators: Not me.
I like this Korsbek but think that it still miss something
and have the same impression about the Dread.
I'm attracted by watches who fill up my desires: Iconics or not.
A watch is made iconic by the others: Not by me...I've never been a "follower" even if I like some of those watches.
Also, the first Dread´ design by Eddie was far from the definitive one, look here:http://www.prs2dreadnought.com/design.htm
From my point of view, Fricker had a major influence in the design...

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