AnOrdain - 2026 build slot - yes or no?
AnOrdain - 2026 build slot - yes or no?
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Discussion

OMITN

Original Poster:

2,749 posts

109 months

Wednesday 23rd November 2022
quotequote all
Like - clearly - many others, I put my name on the anOrdain waiting list for a waiting list.

Well, I’ve now had an email inviting me to pay a non-refundable deposit for a watch where the earliest build slots are in 2026.

I’m somewhat torn. And please excuse the thinking out loud element of this post - I would welcome views..!

I really like the look of their enamel dials and always prefer things in life that aren’t so obvious (although my original Seiko branded GS has been somewhat overtaken in that space by the rebranding to Grand Seiko). But…

…four years is a while to wait for a watch where the main draw is the dial. The movements are pretty pedestrian - Sellita hand wound or La Joux Perret automatic. And, while I know all other manufacturers do it, there are the intervening price rises.

With VAT and an auto movement, the current pricing for an fumé dialled watch is £3,475. AnOrdain say they expect annual price rises to be 5% - by 2026 that compounds up to north of £4K.

The amounts don’t bother me as such - though I’m not so well off that £4K is pocket change - but the sense of whether those amounts would still represent good value for the watch is what’s getting me. I have until Friday lunchtime to decide….

Be great to get your thoughts!

gregs656

11,810 posts

198 months

Wednesday 23rd November 2022
quotequote all
I handled a bunch of them in the summer at WindUp. Obviously they are hugely popular but I am shocked they are the best part of 4k.

OMITN

Original Poster:

2,749 posts

109 months

Wednesday 23rd November 2022
quotequote all
gregs656 said:
I handled a bunch of them in the summer at WindUp. Obviously they are hugely popular but I am shocked they are the best part of 4k.
Assuming “shocked” isn’t being overly dramatic biglaugh , that’s interesting to know.

I haven’t handled them, so this does feel a touch hit and hope.

I guess the fact I’m not sure is probably telling me that they’re nice, but not that nice for the sort of money I’ll be expected to pay.

gregs656

11,810 posts

198 months

Wednesday 23rd November 2022
quotequote all
No I am genuinely surprised they cost that kind of money. I am not a dress watch person though so perhaps I am not the right person to talk to.

Here's a not very good picture of one I did like.



There is a Model 1 Runout on Watchuseek for $2k

r1ch

2,935 posts

213 months

Thursday 24th November 2022
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I really like their watches, but i've never seen one in real life. I registered my interest in January this year, and was invited to book a build slot in October. I thought about maybe getting one for my 40th.

The build slots weren't that far ahead when I was invited and there were plenty to pick from. I can't remember exactly the months available, but i'm sure there were a number for 2023.

I decided against it in the end, but I don't think i'd wait until 2026 for one, life's too short.

Mezzanine

10,284 posts

236 months

Thursday 24th November 2022
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How much is the deposit?


OMITN

Original Poster:

2,749 posts

109 months

Thursday 24th November 2022
quotequote all
Mezzanine said:
How much is the deposit?
£420 (although they specify as £350 + VAT). Which, based on my maths, is 10% if pricing compounds at 5% for four years.

The more I think about it the less I’m inclined to go ahead. Life’s too short - will that be the watch I want when I turn 50..? Not sure.



Mezzanine

10,284 posts

236 months

Thursday 24th November 2022
quotequote all
OMITN said:
Mezzanine said:
How much is the deposit?
£420 (although they specify as £350 + VAT). Which, based on my maths, is 10% if pricing compounds at 5% for four years.

The more I think about it the less I’m inclined to go ahead. Life’s too short - will that be the watch I want when I turn 50..? Not sure.
It’s a long wait, and there are likely to be other watches you see between now and then that’ll catch your eye.

2026 is a huge lead time - I know the enamelling isn’t exactly production line friendly but still…

If there is that much demand and you can afford to ‘lose’ £420 there is a chance to put an order in and then re-sell it another wait list member (will demand be that strong still in 2026)?




OMITN

Original Poster:

2,749 posts

109 months

Thursday 24th November 2022
quotequote all
Good thoughts. I have until tomorrow (Friday) lunchtime. I’ll sleep on it and then make the decision when I get up.

FredAstaire

2,404 posts

229 months

Thursday 24th November 2022
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I'm on the waiting list for the waiting list too - I was kind of expecting an open ended wait to pay the deposit, followed by maybe 6 months one paid.

Build date in 2026? No thanks.

DP14

350 posts

56 months

Thursday 24th November 2022
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Mezzanine said:
OMITN said:
Mezzanine said:
How much is the deposit?
£420 (although they specify as £350 + VAT). Which, based on my maths, is 10% if pricing compounds at 5% for four years.
2026 is a huge lead time....If there is that much demand and you can afford to ‘lose’ £420...
There's also the risk of actually losing £420 if they are no longer around by 2026. I'm not suggesting they won't be, but it's not guaranteed that they will be, either.

OMITN

Original Poster:

2,749 posts

109 months

Thursday 24th November 2022
quotequote all
Good point. Must check Companies House to ensure they’re not connected to TVR eek

Mezzanine

10,284 posts

236 months

Thursday 24th November 2022
quotequote all
DP14 said:
Mezzanine said:
OMITN said:
Mezzanine said:
How much is the deposit?
£420 (although they specify as £350 + VAT). Which, based on my maths, is 10% if pricing compounds at 5% for four years.
2026 is a huge lead time....If there is that much demand and you can afford to ‘lose’ £420...
There's also the risk of actually losing £420 if they are no longer around by 2026. I'm not suggesting they won't be, but it's not guaranteed that they will be, either.
Exactly, that’s what a meant by affording to ‘lose’ £420 - if you can write that off without worrying about it and really want that watch then place an order and forget about it.

We have until 11:59 to spam this thread with some helpful alternatives for the OP hehe

FredAstaire

2,404 posts

229 months

Thursday 24th November 2022
quotequote all
I'm on the waiting list for the waiting list too - I was kind of expecting an open ended wait to pay the deposit, followed by maybe 6 months one paid.

Build date in 2026? No thanks.

OMITN

Original Poster:

2,749 posts

109 months

Friday 25th November 2022
quotequote all
Decided to pass.

Mainly because I didn’t wake up thinking I should place the deposit. In fact I only remembered when I looked at PH. That tells me it isn’t that important.

Maybe one that got away. Or maybe an opportunity for something more realistically obtainable in the meantime.

Mezzanine

10,284 posts

236 months

Friday 25th November 2022
quotequote all
I think your gut knew yesterday smile

I’d agree you made the right choice, you would wait less time to get a complicated Patek.


OMITN

Original Poster:

2,749 posts

109 months

Friday 25th November 2022
quotequote all
Mezzanine said:
I think your gut knew yesterday smile

I’d agree you made the right choice, you would wait less time to get a complicated Patek.
Might cost me more than £4K though biglaugh

Mezzanine

10,284 posts

236 months

Friday 25th November 2022
quotequote all
OMITN said:
Mezzanine said:
I think your gut knew yesterday smile

I’d agree you made the right choice, you would wait less time to get a complicated Patek.
Might cost me more than £4K though biglaugh
hehe


FredAstaire

2,404 posts

229 months

Tuesday 29th November 2022
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Just got my email.

First build slot I can select is in 1Q 2027.

Looks like each quarter has 150 slots.

I'm not interested in a 4 year wait, someone else can use my spot.


gregs656

11,810 posts

198 months

Tuesday 29th November 2022
quotequote all
FredAstaire said:
Just got my email.

First build slot I can select is in 1Q 2027.

Looks like each quarter has 150 slots.

I'm not interested in a 4 year wait, someone else can use my spot.
Are they taking deposits? I am sure anyone who has been involved in an enthusiast space has seen how wrong it can go when small businesses start to take deposits for work way into the future. Not suggesting anything malicious - but an illness, flood or what ever. It happens.