Malaysia Watch Forum
Main Forums => General Discussion - Modern Watches => Topic started by: alvinnchipmunks on June 25, 2012, 05:59:42 AM
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Dear All sifus out there,
I am very happy to join this forum for some time now and I really think I learnt a lot from this forum. Hence, I am starting this topic to ask opinion of all the sifu's here for enlightenment.
Most often that we I have always heard people said, "I bought that Oris just about RM 700 last time, now the same model is RM 4800.... That Tag Heuer cost fraction of price before and look at it now?". That often frustrate me enough for the watch I like, I have to pay a premium, let alone the exact same watch that the person who told me this own. But think again, is there any new brand of watch which now is not as famous might some day be like Oris or Tag today?
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to me, all brand price will increase yearly. So any brand you bought today will be triple o even more in future. mayb to alot ppl is price increase but i think is money depreciate more then price increase.
example my father bought a rolex 6694 in 1970+ at only RM1200 and today this vintage still selling at RM3600 to RM5000. So is it price increase? in 1970's a cup of kopi o is only RM0.50 and today is RM1.50.
but this is just my 2 cents
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Well, retail prices go up every year. So, it's no surprise when you hear ppl say what they say.
Thing is you're not paying a premium.
It's just inflation.
Like Gloomis say, 15+ years ago, kopi o can be had for 30 sen and a bowl of mee is rm1.50.
Today, a cuppa is rm1.50 and a bowl of mee is 4.50... so you saying all of us paying premium for our cuppa and noodles?
15 years ago, forking out a couple of thousand for a watch is a hefty sum, today, any young professional can afford to drop a couple of thousand on a watch.
My grandpa used to tell me stories about how during his days, he sold char keow tiaw at 30sen... that's right... 30sen... rm1200 for a Rolex might sound cheap today but the value of rm1200 is hefty during those days.
I can imagine when my kids grow up, say in their 30s (hopefully I am still alive by then) and when I pass them some heirloom watches, say a Rolex gmtIIc... if they are into watches, they might ask me how much I paid for it back then? I would answer... rm24k... and he might say "damn!! These things go for 45k today!!, you got it cheap pops!!"
Cheap? Riiiiggghhhtttt..... ;D
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Agree with bro Hanz. Another thing you have to know is that quoting from your example, the RM700 Oris is not going to sell for RM4000++ at all. The brand may have increased the price but what you have with you will definitely not. Only in rare exceptional cases do that happen and it is mainly from the companies like Rolex or Panerai or Patek. Even then they rarely happen and thus it isnt foreseeable. All one can do is to just buy the watch you love now, wear it, then see what the future brings for it. Thats all that can be done.
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Well, retail prices go up every year. So, it's no surprise when you hear ppl say what they say.
Thing is you're not paying a premium.
It's just inflation.
Like Gloomis say, 15+ years ago, kopi o can be had for 30 sen and a bowl of mee is rm1.50.
Today, a cuppa is rm1.50 and a bowl of mee is 4.50... so you saying all of us paying premium for our cuppa and noodles?
15 years ago, forking out a couple of thousand for a watch is a hefty sum, today, any young professional can afford to drop a couple of thousand on a watch.
My grandpa used to tell me stories about how during his days, he sold char keow tiaw at 30sen... that's right... 30sen... rm1200 for a Rolex might sound cheap today but the value of rm1200 is hefty during those days.
:thumbsup: :thumbsup: :thumbsup: agree
I can imagine when my kids grow up, say in their 30s (hopefully I am still alive by then) and when I pass them some heirloom watches, say a Rolex gmtIIc... if they are into watches, they might ask me how much I paid for it back then? I would answer... rm24k... and he might say "damn!! These things go for 45k today!!, you got it cheap pops!!"
Cheap? Riiiiggghhhtttt..... ;D
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You're asking too much, brother chipmunk.
We're not Warren Buffett of watches here. Is not just you who wanted that answer, me, the members here even the AD would like to know too. ::)
However there's no answer. Even if there is it would only apply to the past now in the future.
Sorry, Alvin :(
Regard
Tyler
Dear All sifus out there,
I am very happy to join this forum for some time now and I really think I learnt a lot from this forum. Hence, I am starting this topic to ask opinion of all the sifu's here for enlightenment.
Most often that we I have always heard people said, "I bought that Oris just about RM 700 last time, now the same model is RM 4800.... That Tag Heuer cost fraction of price before and look at it now?". That often frustrate me enough for the watch I like, I have to pay a premium, let alone the exact same watch that the person who told me this own. But think again, is there any new brand of watch which now is not as famous might some day be like Oris or Tag today?
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Well, retail prices go up every year. So, it's no surprise when you hear ppl say what they say.
Thing is you're not paying a premium.
It's just inflation.
Like Gloomis say, 15+ years ago, kopi o can be had for 30 sen and a bowl of mee is rm1.50.
Today, a cuppa is rm1.50 and a bowl of mee is 4.50... so you saying all of us paying premium for our cuppa and noodles?
15 years ago, forking out a couple of thousand for a watch is a hefty sum, today, any young professional can afford to drop a couple of thousand on a watch.
My grandpa used to tell me stories about how during his days, he sold char keow tiaw at 30sen... that's right... 30sen... rm1200 for a Rolex might sound cheap today but the value of rm1200 is hefty during those days.
I can imagine when my kids grow up, say in their 30s (hopefully I am still alive by then) and when I pass them some heirloom watches, say a Rolex gmtIIc... if they are into watches, they might ask me how much I paid for it back then? I would answer... rm24k... and he might say "damn!! These things go for 45k today!!, you got it cheap pops!!"
Cheap? Riiiiggghhhtttt..... ;D
:thumbsup:
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Hi Godzillaz,
We definately aren't Warren Buffett in watch. Just sometimes while just too focus on already branded and famous watches, maybe we can also at the same time look into new brands. Tag Heuer or Oris once wasn't as famous as they are now. Maybe 5 or 10 years down the road we will be talking some new star brands. Just anxious what it would be and maybe we could speculate a little here. Hehe.
Just my little humble opinion.
You're asking too much, brother chipmunk.
We're not Warren Buffett of watches here. Is not just you who wanted that answer, me, the members here even the AD would like to know too. ::)
However there's no answer. Even if there is it would only apply to the past now in the future.
Sorry, Alvin :(
Regard
Tyler
Dear All sifus out there,
I am very happy to join this forum for some time now and I really think I learnt a lot from this forum. Hence, I am starting this topic to ask opinion of all the sifu's here for enlightenment.
Most often that we I have always heard people said, "I bought that Oris just about RM 700 last time, now the same model is RM 4800.... That Tag Heuer cost fraction of price before and look at it now?". That often frustrate me enough for the watch I like, I have to pay a premium, let alone the exact same watch that the person who told me this own. But think again, is there any new brand of watch which now is not as famous might some day be like Oris or Tag today?
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... Or u could try asking Dr. Bernard Cheong ;D
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Hi Godzillaz,
We definately aren't Warren Buffett in watch. Just sometimes while just too focus on already branded and famous watches, maybe we can also at the same time look into new brands. Tag Heuer or Oris once wasn't as famous as they are now. Maybe 5 or 10 years down the road we will be talking some new star brands. Just anxious what it would be and maybe we could speculate a little here. Hehe.
Just my little humble opinion.
mayb u can start collecting some brand from now on. there is alot sifu n taiko here collecting alot unusual and uncommon brand, workmanship & quality is good and price is consider still low at the moment. so mayb u can just hit 1 o 2 and price mayb x 5 after few years when richemont spot the potential of the brand.
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Will it be popular and sought after in future? No one knows what will happen tomorrow. Take the example of the pre-vendome Panerais...I would think those lucky guys who bought it back then bought it because they loved it and thats it. They were probably ridiculed as well initially for wearing a clock on their wrist....so who's laughing now.
It also depends on too many factors; will it have a following, will the brand continue to innovate or just a copy-cat design company, will it put enough branding and marketing dollars behind the brand, etc.
Worst case, will the brand go bankrupt and shut down? Perhaps then the overly optimisitc can still say "even more rare now, cos the company no longer exist"
I say the risk of dissappointment and loss is too high if we purchased on hope. But if you purchased on love....I gaurantee you emotional and mental satisfaction.
Anything else that happens in the future is a bonus.
Hi Godzillaz,
We definately aren't Warren Buffett in watch. Just sometimes while just too focus on already branded and famous watches, maybe we can also at the same time look into new brands. Tag Heuer or Oris once wasn't as famous as they are now. Maybe 5 or 10 years down the road we will be talking some new star brands. Just anxious what it would be and maybe we could speculate a little here. Hehe.
Just my little humble opinion.
You're asking too much, brother chipmunk.
We're not Warren Buffett of watches here. Is not just you who wanted that answer, me, the members here even the AD would like to know too. ::)
However there's no answer. Even if there is it would only apply to the past now in the future.
Sorry, Alvin :(
Regard
Tyler
Dear All sifus out there,
I am very happy to join this forum for some time now and I really think I learnt a lot from this forum. Hence, I am starting this topic to ask opinion of all the sifu's here for enlightenment.
Most often that we I have always heard people said, "I bought that Oris just about RM 700 last time, now the same model is RM 4800.... That Tag Heuer cost fraction of price before and look at it now?". That often frustrate me enough for the watch I like, I have to pay a premium, let alone the exact same watch that the person who told me this own. But think again, is there any new brand of watch which now is not as famous might some day be like Oris or Tag today?
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maybe u want to try this ;D
http://www.ernestborel.ch/en/index.php
http://watchluxus.com/brands/cyma
one endorse by lam fung the other by andy lau, can't go wrong rite ::)
i am still waiting for this brand to become a hit
http://www.locman.it/2010/home_eng.asp
hope one day can exceed panerai :angel:
Hi Godzillaz,
We definately aren't Warren Buffett in watch. Just sometimes while just too focus on already branded and famous watches, maybe we can also at the same time look into new brands. Tag Heuer or Oris once wasn't as famous as they are now. Maybe 5 or 10 years down the road we will be talking some new star brands. Just anxious what it would be and maybe we could speculate a little here. Hehe.
Just my little humble opinion.
You're asking too much, brother chipmunk.
We're not Warren Buffett of watches here. Is not just you who wanted that answer, me, the members here even the AD would like to know too. ::)
However there's no answer. Even if there is it would only apply to the past now in the future.
Sorry, Alvin :(
Regard
Tyler
Dear All sifus out there,
I am very happy to join this forum for some time now and I really think I learnt a lot from this forum. Hence, I am starting this topic to ask opinion of all the sifu's here for enlightenment.
Most often that we I have always heard people said, "I bought that Oris just about RM 700 last time, now the same model is RM 4800.... That Tag Heuer cost fraction of price before and look at it now?". That often frustrate me enough for the watch I like, I have to pay a premium, let alone the exact same watch that the person who told me this own. But think again, is there any new brand of watch which now is not as famous might some day be like Oris or Tag today?
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Due to the proliferation of OEM watch manufacturers all over the world, everyone can come out with watches now. These watches are not simple one-week life span watches found on street corners but can be engineered to awesome specifications (the Deep Blue and the OCEAN7 brands are typical examples).
Commission a one-of-a-kind watch (however simple) for yourself and then get famous (or infamous) :Dancing_banana:
This is one sure way of making "it" into a collectors' piece.
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My prediction...
1. Patek Philippe Nautilus SS
2. Rolex Daytona SS
3. Rolex Submariner SS
Better grab them now (preowned lah..) before their prices going insane..... he... he...
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Thanks all for all the input, keep them coming guys.
How about a brand call Seagull from China. Anyone look good on this brand?
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Thanks all for all the input, keep them coming guys.
How about a brand call Seagull from China. Anyone look good on this brand?
the cheapest double tourbillon watch ever made :thumbsup:
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Dude, I think we should talk more than just mention a brand and goes maybe this will take off. This is like gambling, man. Where's the interest in watches?
Regard
Tyler
Thanks all for all the input, keep them coming guys.
How about a brand call Seagull from China. Anyone look good on this brand?
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Thanks all for all the input, keep them coming guys.
How about a brand call Seagull from China. Anyone look good on this brand?
I came across this small shop dedicated to selling Sea-Gull when I was in Singapore's Chinatown in March this year. I had the opportunity to examine a few pieces; those with the really basic hour-minute-second hands only. I found the finishings very acceptable for the price range. As regards the movement however, my 20++ years of watch buying experience / instinct warned me not to take the plunge. Will Sea-Gull be considered a luxury brand (by definition, I guess you mean to be on par with say PP, VC, JLC, AP, Rollie...etc)? My guess is until and unless this Sea-Gull is accepted as a luxury brand within Mainland China on par with the ones I just mentioned, I will be rather surprised if it stands to be ranked among the top luxury brands anytime in the foresseable future. I wonder what the chinese astronauts are wearing on their wrists. Chances are, not a sea-gull.
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Brother, save and except submariner ss, i think daytona ss and nautilus ss prices are already insane now. I just tried out a ivory base 5711 now. Well a ss simple watch with no complication cost a 1.6 litre jap car in boleh land but a 2.0 litre jap car elsewhere. :Scolding:
My prediction...
1. Patek Philippe Nautilus SS
2. Rolex Daytona SS
3. Rolex Submariner SS
Better grab them now (preowned lah..) before their prices going insane..... he... he...
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Alvin, Tag H has been always quite famous.
I think the example u should pull is probably Maurice L. ML price used to be more moderate even 10 years ago. But few years back, the pricing went up quite significantly. Proportionally definitely went up way more than most other brands that i know.
We all wish that we know this answer. Seriously. One watch shop uncle showed me a disgusting look when he saw my Pam (no disrepect to other pam lovers). He said this is an unwanted eastern european watch with a big case which is nothing impressive until richemont took over some 10 years ago...
People have been talking about ETA stop supplying out to vendors beyond is group. If that happens, I think a lot of watches will get really expensive by then. But this rumors have been going on for many years.
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One watch shop uncle showed me a disgusting look when he saw my Pam (no disrepect to other pam lovers). He said this is an unwanted eastern european watch with a big case which is nothing impressive until richemont took over some 10 years ago...
Interesting point of view I have to say, seeing the fact that Panerai never really sold their watches to the general public until Richemont took over....
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yes Hobbit. Well, I like Pam due to its design. I too have some reservation with its movement actually especially comparing with other highend watch makers. I have seemed some terrible case happened at other forum. But i dont want to put off pam enthusiasts here though. :Laughing_on_floor:
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Check out this watch brand: Fiyta
Website: http://www.fiyta.com.cn/en/index.html (http://www.fiyta.com.cn/en/index.html)
A few weeks ago China launched its first female astronaut. Fiyta’s Aeronautics Collection served as timekeeper for the space mission again.
Fiyta is the only supplier of space watches to the China Astronaut Research and Training Center and over the past few years, Fiyta’s Aeronautics Collection has accompanied astronauts during space flights.
I bet this brand going to be famous soon......
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Ya, go and get some Fiyta watches now before it will become famous like the Omega is to the US astronauts,
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Fiyta??
Even the website doesn't work properly... Will it signs 'China Made'??
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Signed 'China Made'
(http://2-0-0-0.com/fiyta/space-watches/spacemaster1.jpg)
Not to sure about public perception on 'China Made'
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Any AD that can visit to view this watch?
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This fiyta watch case looks something like the Stepan Sarpaneva's design. But the fiyta spacemaster is quite a good looking watch in term of design. thanks for sharing...
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Going back to your original post question.....guess you got to look at "luxury" or "high-end" from whose perspective in the future. Who you trying to sell to in the future?
If you are a gambler...then you can try any of the new brands that you fancy, even seagull or Fiyta....the chinese market is big enough to support these brands domestically. Look at the sports brand Li Ning. It is Huge in China. You will have a big segment base already. India is also a very big market to consider.
For me, end of the day, invest in yourself....make yourself happy first today in the present...thats the priority now. No point in buying a watch thinking it will make you happier 30yrs later.
What if I told you here is a watch that is going to be 5 times its value in 10years but everyone else says it is so freaking ugly. Will you still buy?
If you really want to treat watches as investments....go look at other investment tools available.
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Hi all,
Re-living this thread instead of creating a new one.
Recently, I come across this watch, Cyma - the 150th anniversary limited edition. It looks quite stunning to me. Not sure if I am allowed to post links and all, but a quick google check should be able to ascertain which one I am referring to.
Any thoughts on this? I'm not quite an expert on movements, value etc, hence this question. Perhaps, put it this way, would you recommend anyone on owning this piece? (with brief reason)
Cheers.
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I think it will all depend on the asking price. Any idea about the MSRP?
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ah I must have missed asking the price. Will try to get back on that. But if not mistaken it is somewhere around the RM6k region.