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#91 |
"TRF" Member
Join Date: Jan 2011
Location: London/Tokyo
Watch: FPJ CO BL
Posts: 1,667
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Thats awesome, the ADs here are not as accomodating, most brands tell me you have to pay the landing price even with a deposit.
__________________
F.P.Journe Chronometre Optimum Black Label, Patek 5811G-001, Patek 5968A-001, Patek 5167A-001 IG: tokyo_watch_guy |
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#92 | |
"TRF" Member
Join Date: Jun 2018
Location: Japan
Posts: 252
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Quote:
Agree. Very hard to maintain pricing in the secondary market when Richemont family sales flood the market with excess inventory at steep discounts. Sent from my iPhone using Tapatalk |
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#93 |
"TRF" Member
Join Date: Dec 2017
Location: Melbourne
Posts: 324
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JLC.....and waitlist? They've lost me as a customer. I don't want to have to play the game for a watch that will surely tank in value as soon as you walk out of the botique with it.
__________________
PP, AP, VC, RM, FPJ, GF, GS, ALS, JLC, GO, Breitling, Zenith, Bulgari, Rolex, Tudor |
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#94 |
"TRF" Member
Join Date: May 2019
Location: Singapore
Watch: Rolex Daytona 1165
Posts: 188
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#95 |
"TRF" Member
Join Date: May 2019
Location: Singapore
Watch: Rolex Daytona 1165
Posts: 188
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#96 | |
"TRF" Member
Join Date: Feb 2019
Location: Florida
Watch: JLC Duoface, Speed
Posts: 62
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Quote:
What are the issues with the Polaris? I love my Reverso and am considering a dive watch… |
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#97 |
"TRF" Member
Join Date: Apr 2015
Location: The Netherlands
Posts: 135
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Even my AD was telling me it wasn't so great in being waterproof...
![]() But after some years of being in production he said the made it better. It's all about being not screwdown pushers. |
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#98 |
"TRF" Member
Join Date: Dec 2021
Location: UK
Posts: 299
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I wear Reverso (Classique ) , purchased 15 years ago which I believe is now classed as a ladies watch ! Its 18k yellow gold and I wear as my daily , a very comfortable plain but beautiful watch . I have often wondered why they don't hold value but that doesn't bother me as I would never part with it .
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#99 |
"TRF" Member
Join Date: Sep 2022
Location: UK
Watch: JLC / AP
Posts: 122
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#100 | |
"TRF" Member
Join Date: Sep 2022
Location: UK
Watch: JLC / AP
Posts: 122
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Quote:
At least JLC guarantees you a watch if you're on the list unlike some of the other brands out there... |
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#101 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,043
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Used watch values are driven solely by demand which is driven by the collectors of a brand. Apparently, there are not a lot of people amassing JLC collections. You see this with unknown brands. Urban Jurgensen's last run of releases retailed 30K and above but sold for half used. When the brand sold, collector interest in the old lines soared, now they sell at about the retail price used. Same watches, just different collector interest. Another place you see value retention variances is in the high-end complications. Split seconds Chronographs, Minute Repeaters and PCCs can be had for great reductions used from many brands except for PP which is highly collected.
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#102 |
"TRF" Member
Join Date: May 2020
Location: Asia
Watch: Speedy Tuesday ST1
Posts: 133
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Similar to what others have shared here, i too can confirm that Singapore boutique requires a 30% down payment (thats SGD 9k).
The interesting point to add is that the final price you pay for the watch is dependent on the MSRP of the chrono at the time of collection, which is now as far as 2026-2027. Given how JLC has increased prices this year (some examples +20% this year alone!), i am worried , if they increase prices of (conservatively) 5-10% a year, how much will that chrono cost in 2026-2027. |
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#103 |
"TRF" Member
Join Date: Dec 2016
Location: Las Vegas NV
Watch: 14060M COSC
Posts: 1,331
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I’ve owned two, and sold each one within a year of purchasing. They just didn’t do anything for me.
Sent from my iPad using Tapatalk Pro |
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#104 | |
"TRF" Member
Join Date: Sep 2022
Location: UK
Watch: JLC / AP
Posts: 122
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Quote:
Anyways, on the chrono my understanding is that they're not allowed to take deposits anymore because the list for 2024 is full... |
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#105 |
"TRF" Member
Join Date: Jan 2016
Location: London
Posts: 260
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Was in JLC yesterday and they told me that yet another price increase (UK, possibly beyond) is coming in August. Pretty ridiculous as I’m sure they just had a round or two of increases.
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#106 |
"TRF" Member
Join Date: Aug 2020
Location: USA
Watch: Explorer I
Posts: 741
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Yes recently went in a shop that sold those and was amazed at the msrp. Definitely not helping the value retention jacking up msrp 10% a year
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#107 |
"TRF" Member
Join Date: Feb 2023
Location: US
Posts: 136
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I love JLC as a brand... a mrsp at 59k for a Duometre chronograph is a lot to ask for, especially on the secondary Market when the watch could be had around 27 to 30.
It looks like Richemont is trying to sell fewer watches at much higher margin. Sent from my SM-S918U using Tapatalk |
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#108 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,043
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I understand, from what I read, this brand has increased prices 30% or more over the last two years. To me that is not a smart move where the loss of value is so steep on the secondary market. I still think the Reverso is the way to go on this brand, but they may be best bought used. Incredible tradition and watch.
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#109 | |
"TRF" Member
Join Date: Apr 2022
Location: US
Posts: 106
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Quote:
Anyway here’s my Geophysic 1958 ![]() |
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#110 | |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 20,478
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Quote:
It truly is deeply saddening to see this type of behaviour from Richemont :(
__________________
__________________ Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
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#111 | |
2024 Pledge Member
Join Date: Oct 2022
Location: Croatia
Posts: 508
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Quote:
If I bought new it would probably be the other way around ![]() Sent from my SM-A415F using Tapatalk |
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#112 |
"TRF" Member
Join Date: Jun 2016
Location: HK
Watch: Piaget,Rolex,AP,HB
Posts: 1,040
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Has anyone had any news on their waiting list placing for the Reverso Chrono? Or has anyone taken delivery on one of these pieces?
Spoke to my AD and she said I'm at the top of the list for the next piece |
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#113 | |
2024 Pledge Member
Join Date: Jun 2017
Location: USA
Watch: FPJ, Rolex, Patek
Posts: 105
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Quote:
In the US, I was told delivery Jan ‘24 or maybe a few months later |
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#114 |
"TRF" Member
Join Date: Apr 2020
Location: USA
Watch: CHNR/YM/DJ/OP/SUB
Posts: 1,869
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Because of their crazy price increases! Love the Reverso, but the resale price is what the MSRP ought to be IMHO
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#115 |
"TRF" Member
Join Date: Aug 2013
Real Name: Won
Location: Asia
Posts: 1,435
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Amongst the first batch who placed an order, a friend of mine (who placed his deposit before I did) was told it could potentially be 2026. Bear in mind this news came some 5 months later. Which is ridiculous -- so he cancelled. I have heard wild rumours about late deliveries, production issues, and even potentially the final product not looking like the pre-production we've seen.
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#116 | |
"TRF" Member
Join Date: Sep 2022
Location: UK
Watch: JLC / AP
Posts: 122
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Quote:
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#117 | |
2024 Pledge Member
Join Date: Jan 2021
Location: NY
Watch: Voutilainen (2030)
Posts: 756
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Quote:
I’m on the waitlist but I’m probably gonna pass because by the time I get the call it’ll cost $30K and that’s too much for me for what it is. |
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#119 |
"TRF" Member
Join Date: Oct 2021
Location: UK
Posts: 149
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I was in AD last week and they appeared to have a good stock of Reverso and many others (not sure which Reverso’s mind you). I felt bad but I needed to try on the Master Control Geographic to make sure I liked it. I then bought a two year old one for about 40% of the new price. Should receive it early next week.
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#120 |
"TRF" Member
Join Date: Sep 2023
Location: UK
Posts: 218
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I had been interested to get a Rolex Explorer 1 36mm. But then my nearest Rolex AD clearly wasn't interested in selling me that watch unless I bribed them or bought stuff I didn't want.
Then I discovered this watch. Neither Rolex nor the AD got any money from me, but I did get an interesting, relatively unflashy watch with 3-6-9-12 dial and sensible size (38.5mm). I also got a loop with the beautiful collectors box which has come in handy! |
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