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17 March 2021, 02:20 AM | #1 |
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What is happening to VC Overseas?
Guys,
About a year back I was at a VC boutique and all the overseas model ( time and date only, dual time, chrono) are all available. Pick any colour you like and they are also willing to offer a 10% discount. Today I can’t get any chrono or date and time. Only dual time black and silver. What is happening? Is the watch market finally appreciating the value of VC or are people just going into this because they can’t buy a nautilus, royal oak and Rolex sports model at retail? I also noticed that there’s a crazy premium in the used market for these now while the gen 1&2 is usually sold at a big loss from retail. Especially for the blue dials. I wonder if this is merely a temporary thing or it’s like that now? |
17 March 2021, 07:42 AM | #2 |
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I think for the reasons you stated and of course it's going to stay this way and go way higher!
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17 March 2021, 08:11 AM | #3 |
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The Gen I Overseas is a much smaller watch and has a less robust bracelet although the chronograph is interesting for those who like more traditional sizing. The Gen II Chronograph is the best of the Overseas models but has a few quirks which most buyers never appreciated. The Gen III has caught on because of the price differential between it and AP's and PP's offerings and the improved dial colors.
Believe it or not the AP 39mm RO chronograph (16300?) was an absolute dog on the market until very recently when the price was dragged up by the popularity of the current AP RO chronograph offerings. Buyer's inexplicable preferences for certain models drives pricing but leaves opportunities for others. |
17 March 2021, 08:25 AM | #4 | |
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17 March 2021, 09:38 AM | #5 |
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every sport watch is doing well. which makes me worried for brands that are struggling in this insane watch market. i mean when i walked by the AP boutique the salesguy literally came outside to say "we have nothing sorry" funny that VC has a "hit" on their hands and basically it's due to its competition going nuts. i like the overseas but it's definitely a case of rising tides raise all ships.
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17 March 2021, 11:04 AM | #6 |
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Yes, I agree the elevated awareness of the Overseas is due to lack of availability of the other hot watches mentioned, but really believe it’s a better value at retail than the AP and Patek equivalents. The flexibility of the strap system alone, adds so much versatility and the blue dial has no equal outside the house of Journe.
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17 March 2021, 11:10 AM | #7 |
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Sometimes it takes extreme market conditions to allow these underrated pieces to get their much deserved attention. This COULD allow VC to get back in the mix in terms of popularity and prestige. Although they don’t really need it since they are the oldest brand around. I suspect this is only the beginning for the overseas line.
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17 March 2021, 11:21 AM | #8 | |
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17 March 2021, 11:39 AM | #9 |
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17 March 2021, 11:41 AM | #10 |
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I'll wear you down like you did me with those beautiful pics of your Pepsi.
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17 March 2021, 04:57 PM | #11 |
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The social media hype machine is strong.
It affected Rolex, Patek, AP, and since no one can get those, they're turning to VC (a strong contender, obviously). I sure do hate the hype machine. |
18 March 2021, 02:32 AM | #12 | |
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I've got a Gen 1 chrono that wears well on my 8" wrist. |
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18 March 2021, 03:39 AM | #13 | |
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Glad to hear that you like yours and it wears well on an 8" wrist. |
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18 March 2021, 03:41 AM | #14 |
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As many have noted tide is up on just about all popular sports models across a number of brands. A couple friends of mine who are itching to jump into their first 'luxury' piece followed this experience:
1) I want a _____ Rolex. Either wait (who knows how long) or pay market price at a grey. 2) Well if I'm paying 20k for a Pepsi, or 30k for a Daytona, then how about an AP? 3) Checks AP. Can't get an Royal Oak 41mm or ROO. Either wait (who knows how long) or pay market price. 4) Well if I can't get an AP or am paying a premium, how about I look into a Patek? 5) Patek sports model sticker shock. 6) What about a VC? Either that or they land at a discount on an Omega, BlancPain, etc.. Beginning of the year, my local VC AD was flush with Overseas. Seems like they are moving relatively quick especially this past month, including some of our favorite trusted sellers. |
18 March 2021, 12:23 PM | #15 |
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Let's just hope that this upward price trend will hold.
Its significantly more costly to buy one now. Hope it won't tank in the near future. |
18 March 2021, 12:25 PM | #16 |
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Sounds like when all is said and done, we're going to be left with Invicta watches.
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19 March 2021, 12:08 AM | #17 | |
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It was released in 2016, and indeed until the end of last year everything was widely available. I have a strong belief that this is the unavailability of the rest of the Trinity accentuated by the production shutdown of the Patek 5711. People therefore fall back by default, even out of spite, on the latest HH sportswatch with an integrated bracelet more or less available in a few months (which will therefore no longer be so by next year).
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19 March 2021, 12:16 AM | #18 |
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Just re-release the 222 and take my money. Please.
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19 March 2021, 12:24 AM | #19 |
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I really like the Gen 1/2 design and think they are better than Gen 3 overall. But the latter does have the easy change to bracelet/straps. My fave of all is the Gen 2 Dual time/power reserve
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19 March 2021, 09:12 AM | #20 |
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19 March 2021, 07:14 PM | #21 | |
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Gen 1 and 2 have skyrocketed too
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19 March 2021, 08:13 PM | #22 |
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19 March 2021, 09:01 PM | #23 |
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Due to all the covid stimulus, there is a rampant increase of the monetary supply. The wealthy have much more money to fling around. The luxury goods prices will just continue to go up and up...
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20 March 2021, 04:06 AM | #24 |
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you can call it "people are finally aware of VC", but I call it "I now have money but couldn't get a Rolex, AP, PP so whats the next best thing".
I am happy that VC is finally getting much deserved attention. The only reason why I pass on the current Overseas is because the bracelet is not "small wrist friendly". If they fix that, I would be the first guy to line up at their boutique.
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20 March 2021, 10:27 AM | #25 | |
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Some truth right there... I can get the Rolex I want but AP not so much. No interest whatsoever in Patek save for the annual calendar but don't need one. That search for something better did lead me to VC and I'm very thankful for that. I don't see anything else out there save for a royal oak that gets my attention like the overseas. Especially in real life.
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