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Are Swiss watches over priced?

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Posted: Tue Oct 5th, 2010 07:00 am

Hammerfjord
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ndburley wrote:
I was not worried about my Steinhart as I love it to peices.
Gregory was coming across a little harsh in his views and didnt think the comparrision was fair. I love my collection for what they are as it will be only me wearing them. I would buy another Stienhart any day of the week if I could afford to keep doing so. As for people who Bathe in money...do they not know water is better to clean yourself in?

dancing.gif

Amigo: I smoked money once.
Was on a hard party and without saying a word been purely rolling a 100 bill and lighten it: The people at the party was stunned.
I took a short drag, blowed a light smoke in the air and stoped it burning...
All in all, I smoked the edge: The bill was still good and I changed it later.
I tell you what: Money is nothing, fun is everything

Posted: Tue Oct 5th, 2010 07:05 am

aujang
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Hammerfjord wro

Amigo: I smoked money once.
Was on a hard party and without saying a word been purely rolling a 100 bill and lighten it: The people at the party was stunned.
I took a short drag, blowed a light smoke in the air and stoped it burning...
All in all, I smoked the edge: The bill was still good and I changed it later.
I tell you what: Money is nothing, fun is everything

you rock.gif

Posted: Tue Oct 5th, 2010 07:07 am

ndburley
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Hammerfjord wrote: ndburley wrote:
I was not worried about my Steinhart as I love it to peices.
Gregory was coming across a little harsh in his views and didnt think the comparrision was fair. I love my collection for what they are as it will be only me wearing them. I would buy another Stienhart any day of the week if I could afford to keep doing so. As for people who Bathe in money...do they not know water is better to clean yourself in?

dancing.gif

Amigo: I smoked money once.
Was on a hard party and without saying a word been purely rolling a 100 bill and lighten it: The people at the party was stunned.
I took a short drag, blowed a light smoke in the air and stoped it burning...
All in all, I smoked the edge: The bill was still good and I changed it later.
I tell you what: Money is nothing, fun is everything

I burned my eyebrows off on BBQ because in my wasted state I thought it needed more lighter fuel!!

Posted: Tue Oct 5th, 2010 07:14 am

bigrustypig
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Haven't read the link of Gregory yet as I'm trapped by crumby meetings here at the office but I like the veiws raised by all the 3T WIS.

On the PP previously using a JLC movement....I don't seem to recall in all my research that PP once or ever used JLCs. The Stern family, presently in control of PP, certainly take pride in their heritage and history that their house is a true manufacture. I can't say the same about AP and VC since I don't follow those brands that much but I'm rather sure about PP

.

Are Swiss watches overpriced? Heck, you bet!

But it's the thrill of the hunt for the next piece that keeps me going.

For that matter, are the high-end Seikos (GS, Credor, etc) also over-priced. My answer is also YES! happy guy.gif

happy guy.gif

Posted: Tue Oct 5th, 2010 07:26 am

Graham
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bigrustypig wrote: Are Swiss watches overpriced? Heck, you bet!

But it's the thrill of the hunt for the next piece that keeps me going.

Truth is, when you're in this hobby boots 'n all, the last thing you want is for the prices of watches you already have, to come tumbling down..............

........funny, isn't it?..................we all want bargains to buy and rare, exclusive pieces to sell...........

Posted: Tue Oct 5th, 2010 08:03 am

aujang
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bigrustypig wrote: Haven't read the link of Gregory yet as I'm trapped by crumby meetings here at the office but I like the veiws raised by all the 3T WIS.

On the PP previously using a JLC movement....I don't seem to recall in all my research that PP once or ever used JLCs. The Stern family, presently in control of PP, certainly take pride in their heritage and history that their house is a true manufacture. I can't say the same about AP and VC since I don't follow those brands that much but I'm rather sure about PP

.

Are Swiss watches overpriced? Heck, you bet!

But it's the thrill of the hunt for the next piece that keeps me going.

For that matter, are the high-end Seikos (GS, Credor, etc) also over-priced. My answer is also YES! happy guy.gif

happy guy.gif

IIRC JLC supplied ebauches to Patek from the early 1900s to the 1930s. But as late as the 1970s both the original PP Nautilus and the AP Royal Oak used JLC-sourced movements. Only in the latest generation of the Royal Oak Offshore has AP moved to a manufacture movement over the JLC movement.
To carry Murphy's car analogy even further I think of it as the equivalent of Pagani using a Mercedes AMG engine.

Posted: Tue Oct 5th, 2010 09:15 am

bigrustypig
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aujang wrote: bigrustypig wrote: Haven't read the link of Gregory yet as I'm trapped by crumby meetings here at the office but I like the veiws raised by all the 3T WIS.

On the PP previously using a JLC movement....I don't seem to recall in all my research that PP once or ever used JLCs. The Stern family, presently in control of PP, certainly take pride in their heritage and history that their house is a true manufacture. I can't say the same about AP and VC since I don't follow those brands that much but I'm rather sure about PP

.

Are Swiss watches overpriced? Heck, you bet!

But it's the thrill of the hunt for the next piece that keeps me going.

For that matter, are the high-end Seikos (GS, Credor, etc) also over-priced. My answer is also YES! happy guy.gif

happy guy.gif

IIRC JLC supplied ebauches to Patek from the early 1900s to the 1930s. But as late as the 1970s both the original PP Nautilus and the AP Royal Oak used JLC-sourced movements. Only in the latest generation of the Royal Oak Offshore has AP moved to a manufacture movement over the JLC movement.
To carry Murphy's car analogy even further I think of it as the equivalent of Pagani using a Mercedes AMG engine.

Hmmmm....thanks for the info, Aujang

Posted: Tue Oct 5th, 2010 09:17 am

bigrustypig
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Graham wrote: bigrustypig wrote: Are Swiss watches overpriced? Heck, you bet!

But it's the thrill of the hunt for the next piece that keeps me going.

Truth is, when you're in this hobby boots 'n all, the last thing you want is for the prices of watches you already have, to come tumbling down..............

........funny, isn't it?..................we all want bargains to buy and rare, exclusive pieces to sell...........

Bullseye, Graham...... The worst nightmare is to end up holding a piece that's come down in price and then all of a sudden one ends up not wanting to wear it all. Fortunately, I've been lucky so far sponge bob.gif

sponge bob.gif

Posted: Tue Oct 5th, 2010 11:12 am

oagaspar
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there are many categories of "Swiss Made" but only a few that can claim 100% Swiss Made and most WIS are not true collectors....the 100% SWiss was once true for most of the Swiss manufacturers pre-quartz revolution and exactly why Swatch Group and Hayek said "no more eta's/ebauches to 3rd parties...make your own movements" and slowly once again the real Swiss manufacturers are doing just that...making their own movements!

...Swiss Made has become a polluted mess of Chinese balderdash leaving most WIS not knowing the origin of their watches...and even worse we have watch producers who do not manufacture their own watches but use these HK companies to manufacture them being less than honest in letting WIS know this...they will tell you the C-3 comes from Switzerland(of course it does...that is where Tritec is located) and case parts from Germany,Poland and on and on...cut the BS....if the watch is made in HK then say so!...over 900 million watches were exported from China last year...what does that tell you?

Posted: Tue Oct 5th, 2010 11:25 am

KenC
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Birddogone wrote: Hey Neo, I'm worn out after read'n that! hammer.gif I've come to believe the old saying "beauty is in the eyes of the beholder" If a watch speaks to you, that's all that matters. For me, I've lost most my desire to buy the big name brands due to the micro watch manufactures. I've owned Breitlings, Omegas, Heuers, Tag Heuers, Rolex, etc etc....the price and quality of these small companies is unbelievable!!

I'm from the town that builds the H&B bats and golf clubs and was told once by a employee "it cost about $3.00 to built a $100.00 golf club the rest is advertising"

Who knows? Only you,

Rod

Bada-BOOM...exactly...and $22 to build the most expensive graphite shafted driver...advertising and endorsements are the rest (plus 100% mark-up to the retailer and 100% mark-up to the buyer!

Posted: Tue Oct 5th, 2010 11:54 am

stew77
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Graham wrote: bigrustypig wrote: Are Swiss watches overpriced? Heck, you bet!

But it's the thrill of the hunt for the next piece that keeps me going.

Truth is, when you're in this hobby boots 'n all, the last thing you want is for the prices of watches you already have, to come tumbling down..............

........funny, isn't it?..................we all want bargains to buy and rare, exclusive pieces to sell...........

+1 or 2 on Jeff and Graham's comments here. Yes oh yes "we all want bargains to buy and rare, exclusive pieces to sell"...

Certainly can relate to these comments and it is absolutely amazing how "certain" swiss brands (regardless of whether or not they are a true "in-house" movement designer/manufacturer) have just clicked with the wealthy watch buying public causing the price of entry to climb steadily higher with each new year.

I admit...price and "perceived value" is definitely a personal thing for each WIS, and I do not mind at all buying a piece from a less popular or unknown brand if the perceived value is there for me...sometimes a watch "just clicks" for a WIS whether it is due to the rich history of the company, the excellence in design/manufacturing, or huge bang-for-the-buck that is being offered. And I certainly enjoy great pieces from all price points!!!...let's face it, there are some awesome pieces out there at inexpensive price points!!! It's fun to be a WIS!

At the other end of the price spectrum...I would say the vast majority of WIS (collectors, not fashion devas), have at least a grail or two (or three or four) that is manufactured from a high end ($$$), legendary brand that is not acquired at this point in the journey...but oh, the thrill of the chase and the journey!!!

Without those expensive, rare pieces dangling around out there...wouldn't the journey be a bit of a bore???

Posted: Tue Oct 5th, 2010 12:33 pm

murphy j
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The journey, thrill of the chase and that oh so un-quantifiable allure of timepieces. Isn't that what brings most WIS back time and time again?

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