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| Nice 808 LIP for sale https://www.breitlingsource.com/phpBB2/viewtopic.php?f=11&t=29834 |
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| Author: | Dracha [ Tue May 03, 2011 1:14 am ] |
| Post subject: | Nice 808 LIP for sale |
I thought several people were looking for one of these ? http://cgi.ebay.com/Breitling-chronomat ... 0670215039 |
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| Author: | Roffensian [ Tue May 03, 2011 4:17 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
I think that jlee5050 is looking for an 808 if he doesn't mind the LIP. |
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| Author: | jlee5050 [ Tue May 03, 2011 3:50 pm ] |
| Post subject: | Re: Nice 808 LIP for sale |
Very nice... thanks Dracha for the heads up... a question though... Would the LIP signing on the dial justify the over 2k price? It seems it's aged very nicely... The funny thing with watches I've noticed is that one example with vintage Rolex Subs, one single red SUBMARINER on the dial dramatically increases the price...  No doubt it is indeed collectible, but... |
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| Author: | Roffensian [ Tue May 03, 2011 4:11 pm ] |
| Post subject: | Re: Nice 808 LIP for sale |
jlee5050 wrote: Very nice... thanks Dracha for the heads up... a question though... Would the LIP signing on the dial justify the over 2k price? It seems it's aged very nicely... The funny thing with watches I've noticed is that one example with vintage Rolex Subs, one single red SUBMARINER on the dial dramatically increases the price... No doubt it is indeed collectible, but... Yeah it seems a bit pricey to me too. LIP is meaningless to most collectors I guess, maybe adds value in France, but for the rest of the world................. |
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| Author: | Dracha [ Wed May 04, 2011 12:18 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
I am not sure about 'pricey' , in the last 4 or 5 years these prices have crept up 10-15% , much like anything else. Now what does make a big difference is the USD $ vs. EURO exchange rate where 1000 euro used to be approx. USD $800 in 2001/2002 , USD $1200 in 2005 its now almost USD $1650 to buy 1000 euro's The LIP however should not make much of a difference unless there's a french collector wanting it badly Rolex has always been a bit "different" in prices for short manufacturing runs , must be many more rolex collectors wanting the same watch. and a lot more "hype" (think bubbleback prices 10 - 15 years ago and compare them with todays prices) around them i think the only Breitling "hype" we have is the V72 navitimer , and i am not sure the $5K to $8K asked (paid) for a good one is an accurate reflection of their value / rarity (personally I think they're overpriced) but time will tell in 20+ years |
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| Author: | Roffensian [ Wed May 04, 2011 4:25 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
Dracha wrote: I am not sure about 'pricey' , in the last 4 or 5 years these prices have crept up 10-15% , much like anything else. Now what does make a big difference is the USD $ vs. EURO exchange rate where 1000 euro used to be approx. USD $800 in 2001/2002 , USD $1200 in 2005 its now almost USD $1650 to buy 1000 euro's The LIP however should not make much of a difference unless there's a french collector wanting it badly Rolex has always been a bit "different" in prices for short manufacturing runs , must be many more rolex collectors wanting the same watch. and a lot more "hype" (think bubbleback prices 10 - 15 years ago and compare them with todays prices) around them i think the only Breitling "hype" we have is the V72 navitimer , and i am not sure the $5K to $8K asked (paid) for a good is and accurate reflection of their value / rarity (personally I think they're overpriced) but time will tell in 20+ years Yeah I can see the piece being more reasonably priced in Europe. In terms of 806s, we were saying here three years ago that the 806 price run up wasn't sustainable. The recession took care of most of that, but I agree that there are still some examples (the 72s being the obvious ones) that go for way more than common sense demands. Of course one well known former member would (and does) claim the exact opposite and considers them all a bragain - most particularly the ones that he is selling 
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| Author: | Yaffle [ Thu May 05, 2011 6:24 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
Quote: The funny thing with watches I've noticed is that one example with vintage Rolex Subs, one single red SUBMARINER on the dial dramatically increases the price... The thing Rolex collectors do that we don't do with vintage Breitlings is to add value according to dial and case shape, the changes in the production run. It is probably down to the fact that we don't have a clear history and hierarchy to Navitimers because no one has focused on it as incessantly as Rolex collectors do over the Submariner and the GMT. (Kurt? You out there) With a bit more knowledge could we have a similar sort of thing on Navitimers? Is a gilt glossy white subdial early Sixties Navi with AOPA wings only rarer than a non gilt with Breitling on the dial? Is a large white subdial rarer than a small white subdial? Is an all black Fifties Navi with AOPA only rarer than one with Breitling on the dial. Is an all black with small beads rarer than a big beaded bezel. This is how rolex collectors think, but does it matter to us? Quote: I am not sure about 'pricey' , in the last 4 or 5 years these prices have crept up 10-15% The Dollar is dropping against the pound, but not the Euro - and yet portugal is asking for a bailout - HUH? Quote: I think that jlee5050 is looking for an 808 I think the 808 is still undervalued in the Breitling range, not sure why, perhaps it sits in the shadow of the Navitimer. Also the 769. |
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| Author: | Dracha [ Thu May 05, 2011 8:48 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
Yaffle wrote: The Dollar is dropping against the pound, but not the Euro - and yet portugal is asking for a bailout - HUH? HUH? maybe I misunderstood .. but it dropped .. from 1,15 to 0,70 !.. and thats the bank exchange rates.. not the consumer rates where we had to buy and sell against a totally different exchange rate USD. vs. Pound however stayed relatively stable |
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| Author: | jlee5050 [ Thu May 05, 2011 11:28 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
Quote: I think the 808 is still undervalued in the Breitling range, not sure why, perhaps it sits in the shadow of the Navitimer.Also the 769. I agree Yaffle... I think it's one of the best looking chronographs ever produced... and very undervalued... |
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| Author: | WatchFred [ Thu May 05, 2011 12:08 pm ] |
| Post subject: | Re: Nice 808 LIP for sale |
 I defintely have the 769/808 bug. love them. |
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| Author: | Yaffle [ Fri May 06, 2011 7:22 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
Quote: maybe I misunderstood .. but it dropped .. from 1,15 to 0,70 !.. and thats the bank exchange rates.. not the consumer rates where we had to buy and sell against a totally different exchange rate I was looking at a much smaller timeframe to this, how the market has reacted in the last few months to the specific news coming out of the Eurozone. In January (roughly) £1 = 1.20 Euro £1 = 1.54 Dollars Today: £1 = 1.13 Euro £1 = 1.64 Dollars So while the pound has gone up about 5% against the dollar, it has devalued 5% against the Euro in the same period. We all know that the dollar is weakening against both currencies, but the question that confused me was why, given all the bad news coming out of Euro based countries, that the pound has not strengthened significantly against the Euro in the last few months. I'm afraid you could fit what I know about economics onto the back of a matchbox, but it just seemed odd. Unless I have really misunderstood what this all means. http://www.thisismoney.co.uk/exchange-rates http://www.smartmoney.eu/2011/04/20/why ... so-strong/ Quote: I am not sure about 'pricey' , in the last 4 or 5 years these prices have crept up 10-15% , much like anything else. Now what does make a big difference is the USD $ vs. EURO exchange rate where 1000 euro used to be approx. USD $800 in 2001/2002 , USD $1200 in 2005 its now almost USD $1650 to buy 1000 euro's This is of course very interesting, because to me it means that vintage watches might be considered in the same way that say gold is considered. It is a hedge against currencies. A lot of people are buying tangible assets because they don't know which currency to trust at the moment and they feel that these types of assets represent a more stable form of currency. While you may lose some money on the "fashion" element of collecting, as your example has shown, you've lost a hell of a lot more spending power by holding onto pure currency. |
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| Author: | Dracha [ Fri May 06, 2011 11:25 am ] |
| Post subject: | Re: Nice 808 LIP for sale |
Yaffle wrote: We all know that the dollar is weakening against both currencies, but the question that confused me was why, given all the bad news coming out of Euro based countries, that the pound has not strengthened significantly against the Euro in the last few months. I probably know less than you about economics but exchange rates for me is a good measure on how the economics of any zone (GB, Europe, USA) is doing . And I think the only reason why currencies (GBP/US $) are moving the way they do against the euro is because the euro zone is doing better than both GB and USA with regards to trade deficits, inflation, spending conrol etc But again.. this is my view based on very limited economics knowledge Yaffle wrote: This is of course very interesting, because to me it means that vintage watches might be considered in the same way that say gold is considered. It is a hedge against currencies. A lot of people are buying tangible assets because they don't know which currency to trust at the moment and they feel that these types of assets represent a more stable form of currency. While you may lose some money on the "fashion" element of collecting, as your example has shown, you've lost a hell of a lot more spending power by holding onto pure currency. Absolutely correct ! and with the global trade methods we use (Ebay , Chrono24 etc etc) its very easy to buy in places that seem now cheap for us Euro users (read GB and USA) and when you need/want to sell either wait until the exchange rates are favorable (GBP or USA $ go up) or sell in your own currency what you bought overseas . But then again I buy / sell used Breitling watches through Ebay to fund my vintage habit so I try to do this all the time . I also try to have a stock portfolio in several different currencies .. but thats going OT 
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