Planet Ocean Prices
Planet Ocean Prices
Author
Discussion

Easy_Targa

Original Poster:

468 posts

225 months

Friday 25th November 2011
quotequote all
I thought the assembled mught be interested in my experience with my PO which I have just had valued at the insistance of my home insurer.
This lead to me getting the boxes and receipts out.

Watch bought new in Sept 2005. List price £1825 and I paid £1500
Identical watch now in Goldsmiths Bluewater £2800
Used PO on Pistonheads Classified asking price £2300

I have never had decent watch before this one, but leaving aside the small matter of a factory repair (my fault) and service last year (£500), have I made a profit?

Soovy

35,829 posts

302 months

Friday 25th November 2011
quotequote all
Easy_Targa said:
I thought the assembled mught be interested in my experience with my PO which I have just had valued at the insistance of my home insurer.
This lead to me getting the boxes and receipts out.

Watch bought new in Sept 2005. List price £1825 and I paid £1500
Identical watch now in Goldsmiths Bluewater £2800
Used PO on Pistonheads Classified asking price £2300

I have never had decent watch before this one, but leaving aside the small matter of a factory repair (my fault) and service last year (£500), have I made a profit?
Yes. Quality is enjoyed long after the price is forgotten.


Ikemi

8,610 posts

236 months

Friday 25th November 2011
quotequote all
The question is, do you want to sell it for a profit? I don't think I could part with mine ... I'd miss it!

Easy_Targa

Original Poster:

468 posts

225 months

Friday 25th November 2011
quotequote all
That's what SWMBO said! OK it's a notional profit and not one I intend to realise no.
By the way according to my insurance broker I will now have to have it serviced every two years. Complete bobbins and I will be looking for alternative cover next year.

Ikemi

8,610 posts

236 months

Friday 25th November 2011
quotequote all
Easy_Targa said:
By the way according to my insurance broker I will now have to have it serviced every two years. Complete bobbins and I will be looking for alternative cover next year.
Definitely. What is it to them what you do with your watch? Even if servicing is a mandatory clause in their fine print, I'd argue the point that one of the benefits of the co-axial movement is longer service intervals ... smile

audidoody

8,598 posts

287 months

Friday 25th November 2011
quotequote all
Your insurance broker is a dick. A PO only needs a service every 10 years.