Profit from our IWC watches...

[wolfeyes1974]

hi guys,

something interesting to share here....

just want to share with you that both Andrew and mine IWC watches have appreciated in resale value. Andrew's Antonio Saint Expuery Pilot watch and my IWC cousteau divers chrono 2007 are limited editions and are currently sold by pre-owned dealers for $9K and $8.7K respectively. Both of us paid much lower than these prices brand new...

This is an example of buying limited edition pieces that allow buyers to make some $$ (not much)...our watches are barely 6 months old (mine's only 2 months old or lesser)...of course, over time i'm not sure if the prices will go north or south...it's anyone's guess...

cheers

james

[wolfeyes1974]

hi guys,

something interesting to share here....

just want to share with you that both Andrew and mine IWC watches have appreciated in resale value. Andrew's Antonio Saint Expuery Pilot watch and my IWC cousteau divers chrono 2007 are limited editions and are currently sold by pre-owned dealers for $9K and $8.7K respectively. Both of us paid much lower than these prices brand new...

This is an example of buying limited edition pieces that allow buyers to make some $$ (not much)...our watches are barely 6 months old (mine's only 2 months old or lesser)...of course, over time i'm not sure if the prices will go north or south...it's anyone's guess...

cheers

james

sorry, preowned dealers seling our watches at $8.7-8.8k. $9k is for Antonio St. Exupery chrono version...

cheers

james

[Darkangel]

But this kind of things are hard to say....you buy the right watch at the right time BINGO!

Not all IWC watches will be like this...just luck lor...hahha u had to buy over 30 watches b4 u had this kinda luck right? hahahhaha

[wolfeyes1974]

But this kind of things are hard to say....you buy the right watch at the right time BINGO!

Not all IWC watches will be like this...just luck lor...hahha u had to buy over 30 watches b4 u had this kinda luck right? hahahhaha

true true, darkie...can't agree more...

i recalled we've a thread on whether buying watches is considered a good investment...and i think i brought up a point about limited edition watches...tot this is an example of one of the points i highlighted..

cheers

james

[fishcake2005]

sorry, preowned dealers seling our watches at $8.7-8.8k. $9k is for Antonio St. Exupery chrono version...

cheers

james

Well, it all voice down to supply vs demand.

[Darkangel]

Well, it all voice down to supply vs demand.

Lol...my first lesson tmr at NP is econs hahaha

[seiko.citizen]

Lol...my first lesson tmr at NP is econs hahaha

micro or macro... usually micro learn at sec school , but still must repeat at uni as first year unit sians

[feudallordcult]

james, is this the one u hv?

[triton]

james, is this the one u hv?

yes. that is the one. however, wolfeyes got it @ very special price. so the resale value has gone up faster.

however, i find that limited edition pieces produced by well known brands tend to have better resale value. just like the IWC double chrono, price appreciated the moment tempus sale was over.

[marineguy8888]

yes. that is the one. however, wolfeyes got it @ very special price. so the resale value has gone up faster.

however, i find that limited edition pieces produced by well known brands tend to have better resale value. just like the IWC double chrono, price appreciated the moment tempus sale was over.

Most of the time piece with potential price appreciation are those less than 200 pcs at special events/launches which do not make it to the AD display windows of ADs . They are already sold out at the event and some part time collectors missed out on the event and willing to offer higher prices to own one . But some full time collectors will have all these highly sort after time pieces (from few ks to few hundreed ks) and the part time collectors will have to buy from the full time collectors . The public seldom got the chance to even touch these rare pieces . Just my personal view .

[feudallordcult]

Most of the time piece with potential price appreciation are those less than 200 pcs at special events/launches which do not make it to the AD display windows of ADs . They are already sold out at the event and some part time collectors missed out on the event and willing to offer higher prices to own one . But some full time collectors will have all these highly sort after time pieces (from few ks to few hundreed ks) and the part time collectors will have to buy from the full time collectors . The public seldom got the chance to even touch these rare pieces . Just my personal view .

i totally agree with your post. i hv my thots on this topic but am afraid that my views may offend some brudders. personally, i'm more inclined nowadays to buy watches that offer very good value for money. sad to say rolex just does NOT fit into this category at all.

[Darkangel]

micro or macro... usually micro learn at sec school , but still must repeat at uni as first year unit sians

Both...

true true, darkie...can't agree more...

i recalled we've a thread on whether buying watches is considered a good investment...and i think i brought up a point about limited edition watches...tot this is an example of one of the points i highlighted..

cheers

james

Not everyone like james can buy LE at special price lehs

[Darkangel]

Most of the time piece with potential price appreciation are those less than 200 pcs at special events/launches which do not make it to the AD display windows of ADs . They are already sold out at the event and some part time collectors missed out on the event and willing to offer higher prices to own one . But some full time collectors will have all these highly sort after time pieces (from few ks to few hundreed ks) and the part time collectors will have to buy from the full time collectors . The public seldom got the chance to even touch these rare pieces . Just my personal view .

Agree with MG kor kor

[wolfeyes1974]

hi james.....my IWC is not the chrono.....it is the second edition, it come with power reserve only. the latest from IWC Saint Exupery is UTC model. but dun think it has reach our shore yet.

yes Andrew, i know..but yours is also selling at a premium price now even at 2nd hand dealers...check out bysell website...yrs is there...

considering to sell it? hahahaa

[wolfeyes1974]

Both...



Not everyone like james can buy LE at special price lehs

nonsense la....so many rich bros here...u dunno...i now eating grass and smelling air....

even Sinn Tempus edition also selling at $4.1K now by pre-owned dealers....Passions managed to sell 2 pieces... hobbylink sold off 2 pieces at $3600 and $3800 respectively (the former with cut strap)....

cheers

james