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PostPosted: Fri Oct 02, 2009 11:31 pm 
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tomvox1 wrote:
Carlos wrote:

Why on earth anyone would contemplate doing the dishes whilst wearing any fine timepiece is beyond me.


OK, how about walking in the rain then? :lol: :lol: :lol:
Best,
T.


Sorry, but I don’t get your point. I can deep dive in a Seiko for a few hundred bucks. I don’t think water resistance is much of a factor in the price/value of any watches, including vintage pieces.

Anyway, the technology available to protect water sensitive watches in 2009 is fairly impressive – long sleaved shirts.

For the heavy stuff umbrellas and rain coats work well. Finally, one might suggest avoiding walking in the rain in any event.


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PostPosted: Fri Oct 02, 2009 11:35 pm 
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If I pay $1,000 for something that makes me happy for 10 years and then sell it for $1,000 that's worth it to me, even though the 'real' value of that $1,000 has decreased.

In my experience people who think that the market price of something (watch, car, house, etc) is too cheap are trying to sell, and those who think that same item is too expensive are trying to buy!


You are rigth 100%, and its a nice hobby.

I agree, if you are alone with your knowledge.

If you're alone on the buyer's market, will not much happen. But if only 5 others anywhere in the world still want to buy, then the market will explode.

You can buy 20 Rolex Daytona´s in one day, no problem, but try tp buy 20 Co-Pilot´s or 20 Datora´s in one year.


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PostPosted: Sat Oct 03, 2009 12:04 am 
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breitlingmuseum wrote:
Hi tomvox my friend,

Quote:
One can still swim and bang around with an old Rolex Oyster,


Only an "idiot" would go swimming with a 100.000 Dollars vintage. When I see it, I will slap him. :) :)


Quote:
The fact that one's a Valjoux 72 and one's a modified Venus 178 is the least of the important factors. In the vintage watch world there is Patek then there is Rolex and every other brand after that is a level down in value in general.

In the end, rarity is not the same as value, which is in the eye of the beholder and determined by the market, not solely by enthusiasm for the brand. Enthusiasts have been saying exactly what you've said about Vintage Breitling about many other great brands--Omega, Longines, IWC, etc--but in the end Patek & Rolex always wind up setting the pace, even if the other marques rise along with them.


You can not simply extrapolate the past into the future.


These errors have made the banks in the U.S. real estate. The prices have risen in the past, so you will continue to rise. You see, yes, which has led to the disaster.

Rolex and Patek have risen so, because some speculators had manipulated at Antiquorum, Christie and Co., the prices. But the limit is reached.
You can use it to burn just money.

Breitling has built technically sophisticated watches, they are just not as well known. But that will change soon. And as you'll see what happens.

Hmmm,

Fair to say you have an interest in inflating prices of vintage Breitlings.

Do you have any evidence of this “speculator manipulation” with respect to vintage Rolex and Patek Phillipe prices which you speak of?

Anyway, Rolex and Patek Phillipe are different beasties in terms of exclusivity and brand awareness. Everyone has heard of Rolex – but I reckon less people have heard of PP than Breitling in any event.

It seems you’re portending the imminent rise of the 10 grand 1972 Breilting 806…it ain’t gonna happen (in terms of real 2009 dollars). Sure, mint vintage Breitlings are special pieces, and I’m sure will continue to gather enthusiasts.

Maybe the days of 30 grand Rolex 6265’s can’t last forever – I don’t know. From my understanding, the market for vintage Daytonas initially went crazy in Italy and Japan in the nineties. Two markets which tend to go nuts for certain fashion trends. From that, the fever spread around the world and took a nicely made, but fairly humble, chrono from a solid and dependable brand to the realm of stratospheric price increases.

Why the same thing didn’t happen to chronos from Heuer, Omega & Breitling is due to many factors. None of which have anything to do with quality, special features or any number of other purely rational reasons.


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PostPosted: Sat Oct 03, 2009 1:39 am 
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Quote:
It seems you’re portending the imminent rise of the 10 grand 1972 Breilting 806


At first only about the Navitimer 806 from 1972: This Navitimer is not interesting, there are thousends in the market. But the Navitimer 806 from 1954, with beaded becel, Valjoux 72, "BOW" marked and "AOPA" or "B" BREITLING GENEVE dial, this is the rare body. You cannot find only one of them in all the world for 10.000,- $

You'll have to differentiate this.


Last edited by breitlingmuseum on Sat Oct 03, 2009 1:53 am, edited 2 times in total.

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PostPosted: Sat Oct 03, 2009 1:47 am 
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Quote:
Do you have any evidence of this “speculator manipulation” with respect to vintage Rolex and Patek Phillipe prices which you speak of?


Yes, I had a long personal conversation with Oswaldo Patrizzi .


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PostPosted: Sat Oct 03, 2009 1:49 am 
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Why the same thing didn’t happen to chronos from Heuer, Omega & Breitling is due to many factors. None of which have anything to do with quality, special features or any number of other purely rational reasons.


Omega and Breitling are the future. You will see, please remember me in 5 years.


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PostPosted: Sat Oct 03, 2009 4:17 am 
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breitlingmuseum wrote:
Quote:
Why the same thing didn’t happen to chronos from Heuer, Omega & Breitling is due to many factors. None of which have anything to do with quality, special features or any number of other purely rational reasons.


Omega and Breitling are the future. You will see, please remember me in 5 years.


OK – this is cool.

Are you the fellow who runs the "Breitling Museum" or "Breitling Lounge" website with the large range of vintage Breitlings? I noticed a wide range of watches from one of these sites on Chrono24 earlier today.

If so, you have some truly wonderful pieces! Now, some of the prices are a little…ummm…“optimistic”.

Please, tell me more about your conversation with Oswaldo Patrizzi. Further, and I do apologise for my ignorance, who is Mr Patrizzi?

At any rate, you seem quite a character…one ostensibly in possession of some time pieces I would very much like to own.

If you would arrange a super-ultra-awesome price for a mint 70s big case Navi GMT…I could help spread your gospel across the Southern Hemisphere!

I await your wisdom! Bring forth unto me a mint 70s beast for a crazy price my gifted European friend!

I shall remember you!


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PostPosted: Sat Oct 03, 2009 4:43 am 
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breitlingmuseum wrote:
Quote:
If I pay $1,000 for something that makes me happy for 10 years and then sell it for $1,000 that's worth it to me, even though the 'real' value of that $1,000 has decreased.

In my experience people who think that the market price of something (watch, car, house, etc) is too cheap are trying to sell, and those who think that same item is too expensive are trying to buy!


You are rigth 100%, and its a nice hobby.

I agree, if you are alone with your knowledge.

If you're alone on the buyer's market, will not much happen. But if only 5 others anywhere in the world still want to buy, then the market will explode.

You can buy 20 Rolex Daytona´s in one day, no problem, but try tp buy 20 Co-Pilot´s or 20 Datora´s in one year.


That's the key though isn't it.

The market will always determine value. You can put any price you like on the pieces you sell, but until someone is prepared to pay it then it's meaningless.

And let's be honest - if you could completely trust the market to set your prices then you wouldn't need to list them with high starting bids / buy it now prices, the competition would idctate!

The future prices will be determined by competition for available pieces, and that, and that alone, will determine what happens the next time a rare piece comes to the market.


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PostPosted: Sat Oct 03, 2009 4:52 am 
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Roffensian wrote:
The market will always determine value. You can put any price you like on the pieces you sell, but until someone is prepared to pay it then it's meaningless.

And let's be honest - if you could completely trust the market to set your prices then you wouldn't need to list them with high starting bids / buy it now prices, the competition would idctate!

The future prices will be determined by competition for available pieces, and that, and that alone, will determine what happens the next time a rare piece comes to the market.


I agree. I'm putting my Copilot on Ebay at 2pm Pacific Time today (170389948675). With a reserve of course. Going to see what the current market value will be. Don't really care whether it sells or not since it's really a cool piece and the value will continue to go up. Just hope I haven't set the reserve too low. :|

Paul


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PostPosted: Sat Oct 03, 2009 5:38 am 
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I must say, I do consider the potential for seventies Breitlings to gain broad appeal such that prices for mint pieces could shoot up. All it would take is something like a Rolling Stone magazine cover of a musician with serious seventies credibility wearing a 1806 –
cashed up trendsetters would see the light and appreciate such objects for what they are – magnificent artefacts from an era in which they represented the apex of mechanical design.

Really, from an aesthetic perspective, whatever buttons are pushed by a Paul Newman Daytona, Breitling and Heuer decisively hammered them through the sixties and early to mid seventies.

When I look at a mint seventies Breitling Chronomat 7808, I must admit, it seems ridiculous that a Daytona costs so much more.


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PostPosted: Sat Oct 03, 2009 5:44 am 
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That logic also holds true for modern pieces as well.

Think of something like the AP ROOs - many people will think that they are horrendously overpriced for what they are but the market can support the price so there are enough people out there to justify it.

Like everything else, it comes down to supply and demand. Supply alone is never enough.


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PostPosted: Sat Oct 03, 2009 5:53 am 
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These are the guys that are keeping the prices down in my opinion.

http://www.antiquorum.com/eng/brandindex/pages/catalog_action=load&lotid=6&auctionid=30.html

Everything on their site seems to be underpriced and not real market value. I asked them once what was the estimated value on a first year 18k Universal Geneve chronograph presented to an early WWI aviator and they told me $500-$700. I actually sold the watch to Universal for their museum for over $2k. In addition the Shugart Complete Price Guide to Watches is also unrealistic as to Breitling values. It's like the B's get no respect. I even asked on the Heuer forum once what makes a Heuer cal 11 more valuable than a similar Breitling and nobody had an answer. Interestingly, since I posed that question, Breitling prices have come up a bit to be more comparable. Honestly, I think Ebay is one of the best venues for determining the value of a piece either vintage or current. One can just search the closed auctions to see what they've been selling for.

I've been dealing with vintage Breitling's for 13 years and the prices have doubled in that time. The first two Copilots I sold went for $1200 and $1500. You won't get one that cheap now. I sold the large case Nav's and Chronomats for $750 - $1100. They've about doubled now. Non-chrono's that were selling for $75-$125 are now selling for $250-$750. See what I mean? So, there's no reason not to expect the selling prices to continue to climb as more people discover Breitling and that Breitling isn't just Bling.

Paul


Last edited by vintage on Sat Oct 03, 2009 5:59 am, edited 1 time in total.

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PostPosted: Sat Oct 03, 2009 5:59 am 
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Antiquorum has got a lot of grief lately for their estimates. Remember that the buyer's premium is huge (>20%) and that always keeps prices down as that is factored into what the buyer bids, but not in the auction's declared selling price.

Antiquorum took a big hit to their credibility with estimates at the start of this year when they sold Gandhi's pocket watch with an estimate of $20,000 - $30,000. It sold for $2,096,000!


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PostPosted: Sat Oct 03, 2009 7:21 am 
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Quote:
These are the guys that are keeping the prices down in my opinion.

http://www.antiquorum.com/eng/brandinde ... id=30.html


It was 2002, but look what is the price today ! And what in 5 years ! You will be surprised.


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PostPosted: Thu May 23, 2013 2:39 am 
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Here we are 4 years into the 5 - how's that boast progressing??
:drool:




breitlingmuseum wrote:
Quote:
Why the same thing didn’t happen to chronos from Heuer, Omega & Breitling is due to many factors. None of which have anything to do with quality, special features or any number of other purely rational reasons.


Omega and Breitling are the future. You will see, please remember me in 5 years.


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