Watch advice Tag&Cartier for Omega Speedmaster Racing?
Discussion
I have Tag Carrera Re-edition (cv2110-0) and Cartier Tank Franc (mens medium/silver)
Both bought from new, replacements now are £3k for the Tag & £3.5k for the Cartier. However to sell my used ones the Tag £800(!) and Cartier £1200
I'm tempted to try & sell privately to find a new Omega Speedmaster Racing (the one I want can be bought for £2400)
But I'm gutted both my watches have lost so much value (£6.5k to buy both new now) and is be lucky to swop them both for the Omega which I suspect will only be worth £1200 in a year or two
I really fancy a change but don't like any Rolex's (only ones which don't seem to lose value). The Omega is only one I've liked in a long time. What would anyone suggest?
I can't afford to just throw couple of grand on a watch so do I keep the two I have which prob won't lose more value or swop for one I really like which will be worth the same as one of my current ones in years to come??
Both bought from new, replacements now are £3k for the Tag & £3.5k for the Cartier. However to sell my used ones the Tag £800(!) and Cartier £1200
I'm tempted to try & sell privately to find a new Omega Speedmaster Racing (the one I want can be bought for £2400)
But I'm gutted both my watches have lost so much value (£6.5k to buy both new now) and is be lucky to swop them both for the Omega which I suspect will only be worth £1200 in a year or two
I really fancy a change but don't like any Rolex's (only ones which don't seem to lose value). The Omega is only one I've liked in a long time. What would anyone suggest?
I can't afford to just throw couple of grand on a watch so do I keep the two I have which prob won't lose more value or swop for one I really like which will be worth the same as one of my current ones in years to come??
I'm surprised you're surprised that bar Rolex, luxury jewellery that tells the time doesn't retain most of its price paid!
Tag and Cartier are not exactly in high demand, hence they suffer depreciation like any other commodity bought and sold.
The Speedy will be a better buy, since they are often a staple purchase for most watch collectors – personally I don't see the attraction, but that's just me.
Any further depreciation will be at a slower pace now, but if you do move them on (privately will net you the most in all likelihood), then maybe the Speedy you're considering should be bought pre-owned, letting someone else take the initial sting out of its reduced worth.
Tag and Cartier are not exactly in high demand, hence they suffer depreciation like any other commodity bought and sold.
The Speedy will be a better buy, since they are often a staple purchase for most watch collectors – personally I don't see the attraction, but that's just me.
Any further depreciation will be at a slower pace now, but if you do move them on (privately will net you the most in all likelihood), then maybe the Speedy you're considering should be bought pre-owned, letting someone else take the initial sting out of its reduced worth.
Soir said:
Surprised only Rolex tend to hold or appreciate in value...why? Can't just be because of demand (don't the sell 1m a year?)
Because the name on the dial is worth far more than the watch itself, and the fact they make so many shows just how many people will "buy the name". Many of those people will never have heard of Patek, or AP, or even Cartier (except, perhaps, as jewellery makers).Not all Rolex have held their value (my favourite modern Rolex for example - the 42mm Exp II).
As for whether to swap, I personally wouldn't, but then I quite fancy trying a Cartier Tank.
Often an overlooked point, but watch price inflation has typically been quite significant, as is the cost of servicing a used watch.
As for whether to swap, I personally wouldn't, but then I quite fancy trying a Cartier Tank.
Often an overlooked point, but watch price inflation has typically been quite significant, as is the cost of servicing a used watch.
Variomatic said:
Soir said:
Surprised only Rolex tend to hold or appreciate in value...why? Can't just be because of demand (don't the sell 1m a year?)
Because the name on the dial is worth far more than the watch itself, and the fact they make so many shows just how many people will "buy the name". Many of those people will never have heard of Patek, or AP, or even Cartier (except, perhaps, as jewellery makers).Eleven said:
Hmmmm. Lots of people know plenty about PP, AP and Cartier and yet still buy Rolex.
Very true, but an awful lot more don't and do (if you see what I mean). It's a name that everyone knows and many associate (rightly or wrongly) with "the best", and that keeps the market buoyantVariomatic said:
Eleven said:
Hmmmm. Lots of people know plenty about PP, AP and Cartier and yet still buy Rolex.
Very true, but an awful lot more don't and do (if you see what I mean). It's a name that everyone knows and many associate (rightly or wrongly) with "the best", and that keeps the market buoyantI think it's wrong to assume that people go out and buy a watch wearing blinkers and they choose Rolex because they mistakenly believe they are the best. Most people with a Rolex budget have the common sense to look left and right in the window and ponder whether other watches with price tags as big or bigger might be "better".
I think the majority of people buy Rolex because they are known to be good quality and the designs, however prolific they might be, are pleasing, well thought out and proven. They don't care enough to be concerned about the sophistication of movements, the beauty of certain complications and so on, these things appeal mostly to people who are particularly keen on watches. Most people are just not THAT keen.
To the eye of many people who are only casually interested in watches (including me) most of the offerings of PP, AP, JLC etc are fussy nonsense. Specifically amongst those three I really struggle to pick out anything I'd want. In the Rolex collection there are plenty of watches I'd happily own.
You mention Cartier and in my (admittedly not hugely well informed) opinion Cartier is a case apart. They sell and have sold some nonsense and yes they mostly use bought in movements (which is only of concern to very few), but Cartier has a certain indefinable class that is missing from other brands. In my experience a lady wearing a Cartier watch is usually worth talking to!
But in summary I don't think the population at large is as gauche as some watch geeks assume. Yes, Rolex is a lazy metaphor for "the best" but Rolex watches have merit and appeal all their own. Watches that a watch nerd might consider superior are not a direct substitute and appear to many to look odd, fussy or insufficiently robust. I think Rolex is a more informed purchase than the WIS community understands and arguably quite an intelligent one.
Eleven said:
I'm not sure you're right.
Very eloquently put 
However, Rolex will always have associations, it's the first brand almost anyone thinks of when asked to name a watch brand. You just can't compete with that.
Plus most 'watchies' claim SS Sports Rolex are 'as good as money'. Because we think it, it becomes a self-fulfilling prophecy and we're all happy to pay more second hand
I have sold 2 of mine this year and have made a decent amount of money on each; they went to dealers who made more money again. If I wanted to buy them back fro what I sold them for, I wouldn't have a snowballs
If I were to sell my current 2, I would also make money. It's hard to argue with the simple and recognisable styling, the reliability, the quality and the cost of ownership.
However for me, new Rolex are priced in JLC territory these days and that doesn't compute. There is zero chance I would ever buy one.
yeti said:
However for me, new Rolex are priced in JLC territory these days and that doesn't compute. There is zero chance I would ever buy one.
That's YOU, you being someone interested in watches. 99% of people going out to buy a quality watch with classic design, chunky appearance and simple functionality might struggle to see anything in the JLC line-up that lights their fire.Eleven said:
That's YOU, you being someone interested in watches. 99% of people going out to buy a quality watch with classic design, chunky appearance and simple functionality might struggle to see anything in the JLC line-up that lights their fire.
I agree fully. I posted a link to a JLC I liked last week and most people thought it was awful 
I love Rolex and am happy they do great business, I am proud to have owned many of their watches, easily more than any other brand I think. Very happy with my Sea-Dweller and Deepsea as well, but both bought at great prices.
I just wouldn't pay eight grand for a Deepsea, I'd have a mental block for it.
yeti said:
Sorry OP for thread hijack, but as mentioned above, sell your two privately and buy the Omega second hand; most dealers send second hand watches out the door absolutely mint, you'll never know it wasn't new.
It will minimise some of the pain.
Thanks for the advice. It only came out this year so used are quite rare and the ones I've seen (used) are around £2600. It retails at £3k but there is an online site selling them new at £2400 (less than the used)It will minimise some of the pain.
Still dilemma of do I swop two £3k watches for one £3k watch (mine have done all the depreciation and unlikely to be worth any less. The omega will lose its value so I'll end up with only one watch worth about £1200 once depreciated rather than 2!)
Soir said:
yeti said:
Sorry OP for thread hijack, but as mentioned above, sell your two privately and buy the Omega second hand; most dealers send second hand watches out the door absolutely mint, you'll never know it wasn't new.
It will minimise some of the pain.
Thanks for the advice. It only came out this year so used are quite rare and the ones I've seen (used) are around £2600. It retails at £3k but there is an online site selling them new at £2400 (less than the used)It will minimise some of the pain.
Still dilemma of do I swop two £3k watches for one £3k watch (mine have done all the depreciation and unlikely to be worth any less. The omega will lose its value so I'll end up with only one watch worth about £1200 once depreciated rather than 2!)
Tahiti said:
Did you actually pay £6k for the watches or is it a case that that is how much you'd pay to buy them new now? Are they due a service? Are they completely mint or have they been used? Does the Omega fill you with joy when you think of it compared to the others?
Yes both bought new about 7yrs ago around £6kNone have ever been serviced, yet.
Both used, Tag daily driver. Cartier maybe once a month
Yes, love the Omega (only watch I've really liked in long time) But I'm quite find of the cartier dress watch
Gassing Station | Watches | Top of Page | What's New | My Stuff