#93 Purchasing Strategies for Low Cost High Horology

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  • เผยแพร่เมื่อ 29 ต.ค. 2024

ความคิดเห็น • 89

  • @aamannadal7419
    @aamannadal7419 6 ปีที่แล้ว +17

    Your channel is one of my greatest finds on TH-cam.

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว +1

      Hi Aaman! Thank you, and its a pleasure have you as a viewer. Kindest regards, Bill

    • @abdullahdaniel8010
      @abdullahdaniel8010 3 ปีที่แล้ว

      pro tip : watch movies on Kaldrostream. Me and my gf have been using them for watching all kinds of movies recently.

    • @corbinvivaan1035
      @corbinvivaan1035 3 ปีที่แล้ว

      @Abdullah Daniel Yea, I've been using Flixzone} for since november myself :)

    • @alessandrowyatt6271
      @alessandrowyatt6271 3 ปีที่แล้ว

      @Abdullah Daniel yup, I have been watching on Flixzone} for months myself :D

  • @johnbaldwin9126
    @johnbaldwin9126 4 ปีที่แล้ว +2

    What an interesting man....great stories and great videos THANK YOU

    • @watchartsci
      @watchartsci  4 ปีที่แล้ว

      Glad you like them, John. Take care and be safe, Bill 😷

  • @douglaswilliams774
    @douglaswilliams774 5 ปีที่แล้ว +2

    Hi Bill. I watched your lecture on Nomos watches and decided they are the way to go as I love the minimalism of Bauhaus design. It will be the in house mvmt with date @ 3 ocklock. I’m still enjoying learning and researching but at the £3k price point it seems to have what I am looking for and it’s such a breath of fresh air to not be planning to save much longer for yet another samesame Rolex. Really enjoying and learning a lot from your lectures. Kind regards Dougl.

    • @watchartsci
      @watchartsci  5 ปีที่แล้ว

      Hi Doublas, it's my pleasure, and with a £3 budget, you should do very well. If you like Bauhaus, Nomos is hard to beat. Good hunting! Bill

  • @paulelephant9521
    @paulelephant9521 7 ปีที่แล้ว +5

    Within hand grenade distance! Great turn of phrase!
    Love your content , Thanks Bill.

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Hey thanks man! In my case it has to be a pretty big grenade!! Cheers, Bill

    • @andrew_owens7680
      @andrew_owens7680 6 ปีที่แล้ว

      I'd have to get out of hand grenade distance from my wife if I spent that much on a watch! But then, everything is relative. Enjoy!

  • @mattyreardon3593
    @mattyreardon3593 4 ปีที่แล้ว +1

    Loved this episode. The best deal is yet to be made.

    • @watchartsci
      @watchartsci  4 ปีที่แล้ว

      That is correct Matty, if you miss one train; there'll another one along shortly. Take care and be safe, Bill 😷

  • @h111551
    @h111551 6 ปีที่แล้ว +1

    Bill: You have provided much food for thought as always. There is price and there is value. The Bovet you purchased for $14,000 was a relatively high price to pay but the watch represented incredible value in terms of the input of materials, the movement and the horological craft to create not only the watch itself but the accompanying pocket watch case and chain. Your purchase price was less than 30% of the original starting suggested retail of $48,000. I recently bought a new Parmagiani Transforma with a similar ratio of purchase price in relationship to the original starting suggested retail price. While some really marginal brands have high suggested retail prices, Bovet and Parmagiani are not marginal brands. The inquiry for a buyer has much less to do with suggested retail prices than with intrinsic value. There are many persons who advocate only buying preowned watches, some of whom are affiliated with the large preowned watch dealers. With the apparent dislocation in the the new watch distribution networks for many brands, why buy used if you can obtain new watches of horological merit at sensible intrinsic prices. The inquiry is not whether your Bovet or my Parmigiani were ever worth their original suggested retail prices but rather whether the ultimate purchase prices reflect superior value in light of all of the inputs transformed into the finished watches (i.e. the Vaucher movement of the Parmagiani) combined with certain intangibles (i.e. the history of Bovet and the standing of Bovet in the world of horology). This approach does not necessarily work for Rolex and the few other highly prized brands which command firm retail prices (i.e. Patek) but this approach does work with a number of brands of real quality that have had distribution channel issues of one kind or another.

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว

      Hi Howard, if we priced watches solely on the quality of craftsmanship, both Rolex and Patek Philippe would not be as expensive as Parmigiani Fleurier and Bovet 1822, let alone H. Moser et Cie. For craftsmanship Rolex is a nice solid watch, and Patek is somewhat of a disappointment because the same quality doesn't change much. Patek makes good watches but they're uninspired. Both Philippe Dufour and Laurent Ferrier who worked at Patek Philippe didn't really create to their potential until they left Patek. Now, look at the watches they created! The more advanced watch collectors I know aren't terribly interested in Rolex and only in certain Patek models. Most seem to gravitate to the kind of quality and craftsmanship found in Parmigiani, Bovet, Moser, F.P. Journe, Laurent Ferrier, Kari Voutilainen and Jean-Marc Wiederrecht...and even Richard Habring. Cheers, Bill

    • @h111551
      @h111551 6 ปีที่แล้ว +1

      Bill: You are a very fine watch guru. In particular, I have started looking at online sale listings and reference material related to both H. Moser and Bovet 1822. I am beginning to understand your attraction to these watchmaking houses. Despite my initial perception that their offerings were beyond my pricing comfort range, both lines are more accessible than I had first thought and well within the strike prices of better known offerings with less to offer in terms of horological accomplishments. Thank you Dali Sanders. Howard

  • @graemeanderson2044
    @graemeanderson2044 7 ปีที่แล้ว +3

    Mate, you are so correct. My way is study the watch if I love it buy it! If the reviews are bad and I still love the watch Buy it! Yep been caught a few times but I must say that I have never really lost because I love the watches . Just don’t tell my wife Lol Cheers Mate

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Yes, Graeme, we have a "Don't rat out a collector to his spouse" rule here; so no worries! Watches are fun and an endless source of finding out more about them! Kindest regards, Bill

  • @amintaslneto
    @amintaslneto 7 ปีที่แล้ว +1

    Another great video Bill.
    I fully agree with you that patience is king on watch collecting.
    Another strategy that I use a lot is to acquire pieces on auctions by patiently waiting until the best price point to happen😉
    You're also right to say that no watch will never be available again on the market.
    Even the Paul Newman's Paul Newman will come back again one of these days.😊
    Cheers,
    Amintas

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว +1

      Hey Amintas, great to hear from you! Auctions take a great deal of skill, that I know you have, and I need to acquire. As you said, auctions require patience, but you also have to be able to quickly tag on 25% to a winning bid. So a $4,000 bid really costs $5,000, no? I'd love to sell a watch into a feeding frenzy of wealthy sharks, but as a bidder, I'd have to add 25% to my patience!! You are right, though, there'll always be another train along in case you miss this one. Kindest regards, Bill

    • @amintaslneto
      @amintaslneto 7 ปีที่แล้ว +1

      Hey Bill. Great to hear from you too!
      You are right to say buying on auctions demand a certain experience.
      My tip for all is if you don't want to have headache with try auction houses such as Christies, Sotheby's and Antiquorum.
      Yes, they usually charge a 22%-25% premium but on the other hand you can rest assure about the quality of the pieces, provenance, etc.
      Even though the premium might seem to be too high if you sum up the auction hummer price plus premium you might see it's not as that bad compared to the market and in many cases you may acquire some pieces for 10%-15% below the market price average if you are patient ;)
      Best,
      Amintas

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Great point Amintas. I have talked to some of the Philips people, and that is one thing you don't have to worry about: authenticity. Not only do they have the best watch experts on their staff, they fully realize that only a single fake watch would ruin their reputation and would cost the far more than the thorough vetting each watch receives. Kindest regards, Bill

    • @amintaslneto
      @amintaslneto 7 ปีที่แล้ว +1

      Indeed Bill and.. once you build some good relationship with the auctioneers they may even give you some hints about mechanical state of the offered pieces and watch collecting advices ;)
      Best,
      Amintas

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      That is a tip we all need to know!! Thanks man! Kindest regards, Bill

  • @Eric_Nielsen
    @Eric_Nielsen 7 ปีที่แล้ว +4

    Particularly great video, thanks a ton!

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Hey Eric, thanks man! I appreciate it. Kindest regards, Bill

  • @richardjones2609
    @richardjones2609 4 ปีที่แล้ว +2

    Another great video! Question is: Sources? Where do you find them?

    • @watchartsci
      @watchartsci  4 ปีที่แล้ว +1

      I start with a Google search, Richard ... find a clue ... that leads to another clue... etc. Take care, Bill

  • @pmimagery1295
    @pmimagery1295 ปีที่แล้ว

    I love your Parmigiani! Do you call that a Tonneau style case? It reminds me of my 2006 Orient Start Tonneau.😅

    • @watchartsci
      @watchartsci  ปีที่แล้ว

      I think so, P&M-the Kalpa case on the PF would be tonneau. Take care, Bill!

  • @stevidente
    @stevidente 6 ปีที่แล้ว +1

    I'm from the Philippines so the local options are limited. I follow the rule that when buying new "old" watches, strike while the iron is hot. Wait for a new model comes out and the AD is getting rid of old inventory, then grab the deal. I generally get discounts of 30 to 40 percent.

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว

      Hi Steven, that's a very good strategy where you can get some excellent buys at a great price! Kindest regards, Bill

  • @romanjeremy5156
    @romanjeremy5156 7 ปีที่แล้ว +1

    Hi Bill, your strategies are great to enjoy quality watches, especially technically. IMO, in order to build a collection with an investment potential, or an historical significance, style-aestetics, brand awareness and provenance are important too. I personally tend to like timeless, simple aestetics, or interesting watches with cool design or touches of color that remind me of a specific period. As for modern watches, I think the contemporary period will be marked by new case materials and interesting "stand-alone" smartwatches.

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว +2

      Hi Roman, it's hard to predict investment potential, and I try not to. However, I think you're exactly right in pointing out the elements that will give such potential to a watch. My own approach is to find the very best that I can afford and personally like (even if not popular) and enjoy it. Art collectors are always counseled to buy art they enjoy, and they invariably end up with the most valuable collections. Since I don't care about investment potential; I get value no matter what since I only buy watches that I like personally-including my ugly ducklings! . Kindest regards, Bill

    • @romanjeremy5156
      @romanjeremy5156 7 ปีที่แล้ว +1

      And a collection becomes a work of art in itself ;-)

  • @EnriqueGiliOrtiz
    @EnriqueGiliOrtiz 6 ปีที่แล้ว +1

    Great content. Thank you for sharing and greetings from Spain!

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว +1

      Hey Enrique, thanks man! Mi esposa hable Español muy bueno, pero yo hablo Español como un turista! ¡Que lastima! Saludos cordiales Bill

  • @h111551
    @h111551 6 ปีที่แล้ว +1

    Bill: Thanks for the reply. Today I found a Moser sponsored link in A Blog to Watch to a relatively detailed article about H. Moser’s quality control and testing before the final assembly of movements and their installation into cases. An amazing set of exhaustive procedures and methodologies with testing at the end of every 24 hour period for 20 days. Six Sigma on steroids. Howard

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว

      Hi Howard, one thing to keep in mind about H. Mosers is that any produced before about 2005 doesn't have those features mentioned in the article. Time of Switzerland has for listed (new) for around $10k ... I bet you might get it if you offered $8k...then they jump to around $20k; Christies Auctions have one starting at $8k, but in reality that's $10k too because the buyer has to pay a 25% fee. Cheers, Bill

  • @MTMT-wm2dq
    @MTMT-wm2dq 4 ปีที่แล้ว

    Hi Bill, Is the Patek Philippe Gondolo Annual Calendar available and how much does it cost?

    • @watchartsci
      @watchartsci  4 ปีที่แล้ว

      Michael Then I do not know... be the man and research their availability where you are and let me know! Thanks Bill 🕵️‍♂️

    • @MTMT-wm2dq
      @MTMT-wm2dq 4 ปีที่แล้ว

      @@watchartsci I'm from a small city Singapore

  • @jackvanlandeghem1556
    @jackvanlandeghem1556 7 ปีที่แล้ว +2

    Awesome vid! That gondolo is beautiful

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว +1

      Hey Jack, thanks man! For as long as I can remember a Gondolo has been on my grail list. Biding my time and may have to sell or trade to get one. Even with a drop in price of $10,000 that particular Gondolo may be over my head. But there are others and more will come along... Cheers, bill

    • @jackvanlandeghem1556
      @jackvanlandeghem1556 7 ปีที่แล้ว +1

      WatchArtSci i started looking at chrono24 directly after i watched this video! Would you want to make a video about gallet or dubey&schaldenbrand? They both made exquisite pieces around WW2 and are now both focused on making the top tier of high horology watches.

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว +1

      Hi Jack, I know very little about either brand. For their modern watches Dubey & Schaldenbrand use ETA based movement, and so that doesn't give me much to work with. (No watch brands that use ETA-based movements have been examined. Any company that tosses in an ETA [or Sellita or Soprod] movement are considered Standard Horology, and we try to focus of High Horology.) As for the Gallet Watches, they've done some work to develop a very interesting movement in conjunction with Vaucher. I'd have to spend some time researching Gallet, and that might be worthwhile from a horological viewpoint. They have developed a double barrel movement that may be similar in intent to FP Journe's - designed to insure constant force rather than simply extend the charge of the watch. Thank you for the ideas and I'll see what I can do, but it may be a while. Kindest regards, Bill

    • @jackvanlandeghem1556
      @jackvanlandeghem1556 7 ปีที่แล้ว +1

      WatchArtSci thanks for the reply! As for Dubey&schaldenbrand, i did not know they used ETA so my apologys for that they did however make a beautiful rattrapante in 1946 as for gallet, they exist since 1466 which is fenomenal. I particulary love the multichron pieces made for the swiss army but the multichron line in general is awesome. Btw as a 13 year old watch enthusiast from Belgium that loves high horology it is awesome that someone like you can enlighten me about these beautiful timepieces since there are not alot of enthusiast of my age with the same passion.(sorry if my grammar is of as i mentioned english is not my native language!) keep up the good work bill!

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว +1

      As a 13-year old from Belgium who can communicate so well in English, it is I who am impressed. A lot of the vintage watches (pre-quartz) were not part of the ETA users. The rattrapante from 1947 may have been a Valjoux, which at the time were considered one of the best movement makers. Kindest regards, Bill

  • @sergezerkin
    @sergezerkin 6 ปีที่แล้ว +1

    sir what bovet did you show in your video that was made out of steel ? thank you very much

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว +1

      Hi Serge, it was my Bovet 19Thirty Fleurier - here's one on Chrono24 at a very good price: www.chrono24.com/bovet/bovet-fleurier-19-thirty-42mm-skeleton-power-reserve-7-days--id5019264.htm. Cheers, Bill

  • @MrJamescord
    @MrJamescord 5 ปีที่แล้ว +1

    Bovet watch will be in my future with the game plan you outline!

    • @watchartsci
      @watchartsci  5 ปีที่แล้ว

      Sounds good James...which Bovet do you have in mind? Cheers, Bill

    • @MrJamescord
      @MrJamescord 5 ปีที่แล้ว +1

      WatchArtSci I had my eye on a Seguaro Sportster Chronograph with the blue face in rose gold. I also love the F. P. Journe Blue Chronometre! Maybe for Christmas!

    • @watchartsci
      @watchartsci  5 ปีที่แล้ว

      @@MrJamescord The Bovet Seguaro Sportster Chronograph is the one Bovet that disappoints in the movement. While the ETA-Valjoux 7750 is a good movement, and Bovet has done a lot to it in modification and finishing, it is still the base of the Bovet calibre 13BA08-that they have not revealed. I had hoped that they'd drop it all together and come back with one of their own manufactured movement from Dimier with a new sports watch. However, with that knowledge, if you'd still like one (and I wouldn't mind one either), see if you can find / negotiated for one under $4k. Considering what little they have spent on movement development for that watch and how little the ébauche from ETA sets them back, I don't see their value to be much more. Kindest regards, Bill

    • @jamescordova2186
      @jamescordova2186 5 ปีที่แล้ว +1

      @@watchartsci Hi Bill, maybe I should hold off on that model and see if they upgrade the movement. $4K would be a great deal.

    • @watchartsci
      @watchartsci  5 ปีที่แล้ว

      @@jamescordova2186 Yeah, James, I wouldn't either. I'd look for a different sports watch with an 'honest movement.' The movement in my Bovet 19Thirty is so good, and beautifully finished, that it disappoints me to see them putting in an ETA 7750 and not mentioning it as a base in their sports watch. One of the best deals around for a sports watch is the overlooked Vacheron Constantin Quai de l'Ile in stainless steel. Condition1 Quai de l'Ile can be found for half of what an Overseas costs, and they they have the same 5100 movement. They list for $15,000 but you can find them new (Condition 1 / unworn) around around $10-11k. Take care, Bill

  • @cedarcanoe
    @cedarcanoe 7 ปีที่แล้ว +1

    Very good content, Bill.

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว +1

      Hey Erik, thanks man. Cheers, Bill

  • @gamithaa
    @gamithaa 4 ปีที่แล้ว +1

    tks, mr Bill

    • @watchartsci
      @watchartsci  4 ปีที่แล้ว

      My pleasures Saman! Cheers, Bill

  • @alurbanski1524
    @alurbanski1524 7 ปีที่แล้ว +1

    Thanks for this, Bill, but I presume you could go much deeper into the topic. Rather than see reviews of peoples' watch collections (though I like those, too) I'd love to see you present case studies of how collectors scored killer deals on a primo pieces by applying these principles.

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Hi Al, you will find case studies in the videos that advertise an "unboxing." Generally, those are stories that illustrate the general principles from this video. Often the "case studies" are more what the watch companies do; such as ending a line of watches like Audemars Piguet did with the Edward Piguet line. Other times it's a larger event, like China's crackdown on corruption ("Asian Crisis") which left watch companies holding the bag of unsold watches which became available to collectors at significantly reduced prices. So poke around the "unboxing" and similar video stories and you'll find the case studies. Kindest regards, Bill

  • @Bubullelegentil
    @Bubullelegentil 5 ปีที่แล้ว +1

    Parmigiani is one of favorite brands

    • @watchartsci
      @watchartsci  5 ปีที่แล้ว

      Hi Bubulle! Mine too! I have more trouble keeping my finger off the trigger on so many PF offers I've come across. I like everything about them! Cheers, Bill

  • @SuperEmlo
    @SuperEmlo 6 ปีที่แล้ว +1

    Yes
    Make more video
    Good job
    Bill

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว

      Thanks Mr. Gong. I will make more videos for you. 保重 Bill

  • @andrei2023
    @andrei2023 7 ปีที่แล้ว +1

    Great video👍

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Hey Andrei, thanks man! Kindest regards, Bill

  • @robinc3307
    @robinc3307 7 ปีที่แล้ว +1

    We print this magazine where I work in the UK....good reading for a watch nut like me....

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Robin, what magazine is this? Bill

    • @robinc3307
      @robinc3307 7 ปีที่แล้ว +2

      WatchArtSci the Patek magazine...we also print revolution watch mag ...the rake and various other hi end watch publications

    • @watchartsci
      @watchartsci  7 ปีที่แล้ว

      Robin, your printing is superb.

    • @robinc3307
      @robinc3307 7 ปีที่แล้ว +3

      WatchArtSci we are hi end litho printers do a lot of auction stuff for sotheby's ....gallery work in New York...we are the report and account printer ..fine art printer of the year.....we have an office in New York...London and various towns in UK...we print from our base near the south coast of England...our company is called Pureprint Group....im glad you like our work

  • @asambi69
    @asambi69 4 ปีที่แล้ว

    That Bovet honestly looks like one of those Chinese watches where they add all the fake diamonds and stuff and try to make it look like an expensive watch.

    • @watchartsci
      @watchartsci  4 ปีที่แล้ว

      Hi Asambi .. you might need to look at each a little closer... Have you handled either one or both of them? Take care, Bill

  • @brettrun8575
    @brettrun8575 6 ปีที่แล้ว +1

    Is it just me, or are some of the pronunciations a bit odd? Sometimes the same word seems to have different pronunciations! 🤪. Love the content no matter how interesting some of the words sound!

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว +1

      Hi Brett, it's me ok. I have a lifetime of hearing loss after an unfortunate encounter with a steel ship's door during a storm at a young age. I rely on phonetically sounding out certain words. I do try, though and if you have any suggestions, I do listen...well actually, I do read! Kindest regards, Bill

    • @brettrun8575
      @brettrun8575 6 ปีที่แล้ว +1

      WatchArtSci Please accept my apology. I have no suggestions other than to keep up the incredibly informative and interesting video work please.

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว

      Brett, no need to apologize. I appreciate it when someone helps me out with pronunciation, and on several occasions on this forum they have! I'm not stone deaf-I went through three tiers of college without a hearing aid; so I can hear; just not well enough to get the nuances of languages other than English. (Besides, I was rejected for the military at the height of the Vietnam war...so silver linings and all that.) Kindest regards, Bill

  • @ronnyraygunz8718
    @ronnyraygunz8718 6 ปีที่แล้ว +2

    400-700 will get you a fine swiss watch easy. beyond mebbe 1500, your paying for a name, precious metals, ridiculous complications.

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว

      Ronny, which ones? Thanks, Bill

    • @ronnyraygunz8718
      @ronnyraygunz8718 6 ปีที่แล้ว +1

      you know, bill. the ones with swatch eta movement. tissot, zeno eterna, etc. I don't know if you find etas acceptable, havn't watched many of your videos. I mean, philosophically, a cheap quartz keeps better time than any mechanical watch. in house mvmnts are awesome, but like many of us out here, a bargain 14000 dollar watch might as well be a million! all depends on perspective, and wallet size. I would rather have a tissot than a tag, at least these swiss brands have some kind of watchmaking history behind them.

    • @ronnyraygunz8718
      @ronnyraygunz8718 6 ปีที่แล้ว

      also, orient and Seiko have in-house movements, at a very low pricepoint!

    • @watchartsci
      @watchartsci  6 ปีที่แล้ว

      Hi Ronny, I've nothing against ETA movements; it's the watch companies that "hide" them in their watches and try and charge us collectors High Horology prices that I don't like. Lots of great Swiss (and Japanese, German and Chinese...) at great prices! I just got one with a Jaquet 736 movement. Cheers, Bill

  • @Rolls72
    @Rolls72 4 ปีที่แล้ว +1

    I like the show I just don’t like the giggling too much

    • @watchartsci
      @watchartsci  4 ปีที่แล้ว

      Sorry about the giggling ... I find so much humor in the watch business, I cannot discuss it with a straight face. Take care and stay safe, Bill😷

    • @Rolls72
      @Rolls72 4 ปีที่แล้ว

      I understand but at the same time you’re giving advice on items that cost thousands of dollars I can’t really take you very seriously if that’s the way you were going to keep communicating