View single post by Matt V

Posted: Fri Jun 29th, 2007 02:52 pm

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Matt V

Joined:	Wed May 30th, 2007
Location:	Twin Cities, Minnesota USA
Posts:	104
Status:	Offline

Just a few observations from my end; the Oris uses a non-standard lug width so you are stuck with their bracelet and straps and I found they charge quite a bit for those rubber straps (the old razor - razorblade story). I had bought mine from someone at the time who couldn't deal with the vanilla scent of the strap (I actually thought it was pleasant). Every watchmaker should be able to service them, however I don't know about availability of spare parts (bezel inlays, gaskets, crowns etc.).

Hayek and The Swatch Group are driving Omega as a brand into a different direction.

They introduced the co-axial escapement (allowing longer service intervals) while they are building up a service network the way Rolex did to make money on service and have started to cut off watchmakers from spare parts, so consumers will essentially be forced to go to Omega / TSG for service at some point in the future. For the time being, there are still parts in the channel (Ofrei etc.), but that sure will change. Also, Omega has started raising prices to position their watches higher and the TSG is limiting access to movements.

From a business perspective, I admire Hayek for the game of chess he is playing here, but as a collector, I am worried about their monopoly.

The Seamaster is a very nice watch, but there are issues which Omega tries to keep quiet. The GMT had some issues with the modification for their GMT/hour hand (infamouse "lagging" hour hand) and the Seamaster is notorious for the dials to be replaced during service because the markers (lume material) deteriorated due to moisture.

If you're not set on a brand name, there are many cool watches around $1K (especially pre-owned) and you might find it's fun to get one, experience it (and learn from it), flip it etc. etc.

Sometimes the journey actually is the destination! :)

Cheers

Matt