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15 February 2024, 11:40 AM | #1 |
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My experience at a Breitling boutique
I recently visited my local Breitling boutique here in London and I was happy with the service I received. The place was dead so all the attention of the staff was on us. We spend around 90 minutes in there and not a single soul entered.
They offered drinks for myself and my partner and seemed very accommodating. I asked to try 2-3 watches on and I kind of felt a little bit bad inside me as I had NO desire to buy anything from them only to walk out and lose 30% of its value. They even opened the door for us to leave at the end. I was after the RB1510251B1P1 which I believe looks amazing however I couldn't get over its weight. I really do not like relatively heavy watches. This watch goes for £17,150 and they offered me a watch winder and a handbag as a gift but no discount. Since I can get it brand new with manufacturers warranty for around £12,000 this was an easy walk. I am not a millionaire so resale value is very important to me as I may one day need to sell it? Overall I would rate very good my experience even though at times I felt a bit awkward thinking that they are just faking it all the way. At the same time they did look like good genuine dudes so who knows? |
15 February 2024, 10:41 PM | #2 |
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Good report. Thanks.
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15 February 2024, 11:36 PM | #3 |
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Breitling have had a few difficult years but I feel they are on the right track and I expect a resurgence of interest in the brand soon.
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16 February 2024, 09:19 AM | #4 |
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One thing I didn't like is that they now use lab grown diamonds for their watches. A lab grown diamond pretends to be something that its not.
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16 February 2024, 08:34 PM | #5 |
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16 February 2024, 11:35 PM | #6 |
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17 February 2024, 05:46 AM | #7 | |
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Lab growns have AWFUL resale value and they cost little to begin with so having a lab grown is like having a good replica Rolex. Yes it will look amazing but it won't be the real thing. |
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18 February 2024, 05:06 PM | #8 | |
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Arguably, aren't diamonds 100% for show? (at the retail level). A replica Rolex isn't internally identical to a real one. But a lab grown diamond, for all intents & purposes is identical to the one pulled out of the earth. I also wouldn't say the resale on "real" earth-mined diamonds is so hot either. It's dramatically lower than what any so-called appraisal says and what you pay for them. Pity for those that go to a chain jeweler like Kay or something and think they aren't getting destroyed for potential resale. My best friend is a jeweler; he said the machine used to tell the difference is ~$20k or so. Under normal observation, it is impossible to tell the difference, or so he claims. If you're doing it to impress others, they won't know. If you're doing it for future value; buy equities or real estate. |
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17 February 2024, 11:13 PM | #9 |
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Chemically identical. And without the human rights violations and environmental damage. Everyone I k now that sells lab-created is quite clear on their source.
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19 February 2024, 12:19 PM | #10 |
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Yes but at the end of the day monetary value and rarity is what really matters not appearances. They fail on both fronts.
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20 February 2024, 02:36 AM | #11 |
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I picked up the 42mm Superocean Blue late last year. I am really enjoying the watch. After going through various Omega 300 Seamaster Diver's, I went with Breitling. Even though it's not an in-house movement it fits my smaller wrist much better. Shorter lug to lug and thinner.
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20 February 2024, 04:06 AM | #12 |
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16 February 2024, 10:49 PM | #13 |
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If you look at the recent sales figures the resurgence has already begun! Georges Kearns has revitalized the brand. Not every Breitling fan is appreciative of the directions that he took but the proof is in the pudding, check out the sales figures!
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17 February 2024, 12:01 AM | #14 |
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They’ve certainly started to catch my eye again.
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16 February 2024, 08:38 PM | #15 | |
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Toronto boutique is awful in my experience. They refused to pull an all gold model out of the case for me to try. I guess they either thought I wasn’t able to make the purchase or was going to run out of the store with it. So I ended up getting it in Orlando. |
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19 February 2024, 10:41 AM | #16 |
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If you buy earth mined diamonds (say 1ct, big stones have lower margins) from a reputable dealer you will lose around 30% should you return it whereas with lab growns you will lose 75%. Also good quality natural white diamonds are "rare" and are really RARE if we are talking about the big stones. This can never be said about something we can create in a lab.
One shows off diamonds with the goal being to say to the world that he's got money (among other things). Showing off labs achieves this goal, if this is the main thing you are after and it doesn't bother you to be associated with this level of fakery HOWEVER once more people become aware of the existence of lab growns then it won't be enough to just show off, you will also need to lie if you are asked if these are natural ones or not. You are lying to yourself, you are lying to others, I don't see any REAL benefit with Breitling using lab stones. It just attracts the wrong kind of people to the brand who want to pretend to be something they aren't. Personally speaking I cannot stand showing off something which isn't the real thing because I feel like a complete idiot inside me, as someone who lies his way into a social status he doesn't deserve to be in nor can he keep up with the appearance he creates. Walking around with a 50k replica Rolex when a Tissot is the best I could afford . How can one feel comfortable with this level of fakery is beyond me. Under observation you can't tell the difference between lab and earth mined but so what? I would argue what something IS matters more than how something looks to the world. In the case of watches there is no comparison between the value of a factory set diamond Rolex and aftermarket even though they may look exactly the same. They look the same but they aren't. The person faking it knows the truth and onlookers should know better before labeling people as "successful" when they don't really know them. |
25 February 2024, 10:28 AM | #17 | |
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20 February 2024, 04:04 AM | #18 |
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What a strange post. The OP should realize that that majority of watches aside from certain Rolex, Patek, and AP will lose value. Might as well not buy any watches at all or any clothes for the matter, or a car, because everything used will lose its value. Why post just to say you walked into a boutique and had no desire to buy anything and didn’t like the watches?
Same about the lab grown diamonds. Sorry, but this kind of post represents a lot of what is wrong with watch collectors today. Resale value and flipping without any real passion. I think you’re in the wrong hobby. |
20 February 2024, 11:50 AM | #19 | |
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I know very well which brands hold value. Your argument doesn't make much sense and people need to stop repeating it like parrots without thinking through it. The reason many people care about value retainment is not necessarily because they buy watches for investment rather than enjoyment and appreciation of craftsmanship. This is so out of reality. I do not deny that there are also many who buy watches purely for investment and nothing else and these people do indeed mess up the market. I am personally not in this bracket. I do buy for enjoyment but at the same time I am a millionaire. Monetary value will always be a factor when purchasing something very expensive. A luxury watch is often something of a significant value (unless you are a millionaire) and IF you can buy something to enjoy without losing a ton of money then why not do it? I stress the word IF here. If I could buy luxury clothes without losing a ton of money in the used market and being able to retain their monetary value I would do it but this is not possible so I have give in on the fact that 2nd hand clothes lose a lot of value. You can sometimes find bargains on ebay but overall if you buy a luxury clothing brand you will lose a lot if you try to resell it and there is no way around it. Period. Same goes with cars etc. HOWEVER with luxury watches it is sometimes possible to buy them and not get wiped out. Why do a significant purchase from a boutique only to get wiped out? This timepiece I refer to is of significant value(to me) and down the road the urgent need may arise to sell it (whatever the reason may be) and thus why not minimize my loses as much as I can IF I can? for this reason if I can buy the RB1510251B1P1 for £12,200 brand new with manufacturers warranty instead of £17,150 why would I not do it? Should I find myself in a situation where I have to sell it I will still lose around 1-2k from what I see on chrono24 which is far better than losing £7,000. Chopard LUC is another amazing brand comparable to Patek. A watch am interested in goes for £25,000 in the boutique, £9,500 pre-owned. Please be my guest and go buy it brand new because you are a "real watch enthusiast who doesn't care about value". You know you are wrong. They can sometimes be great investment vehicles if you know what you are doing. |
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20 February 2024, 11:43 PM | #20 | |
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With regards to watches being investment pieces. I have fared much better in the stock market over the past 10 years vs what I could have made doing watch investments. |
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23 February 2024, 12:52 PM | #21 | |
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First of all, its a beautiful piece! Good choice. You are making an emotional argument rather than a rational one. Caring about the monetary value of a luxury timepiece doesn't necessarily entail that you do not care about watches and your only goal is to buy them in order to make money in the future. I find your premise untenable if not illogical. In the real world where we need be responsible, especially if we have family and kids, monetary value of things we purchase MATTERS unless you are very wealthy and 5-10k mean nothing to you. How worrying about resale value is related to not being a watch enthusiast? I just do not understand how you connect the two. If you were to say that I want to support the brands I love and I don't care about losing money then this is another matter altogether but so many people seem to conflate two completely different things. I am not a flipper, I just like to preserve money if possible (if its a meaningful amount) since money doesn't grow on trees. You do this yourself, am sure, with other things in your life but for some reason when it comes to watches you act like a religious zealot. You can be a true watch enthusiast and care about value preservation as I am, what I am not is irresponsible with money because am not a millionaire and I repeat money doesn't grow on trees. |
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24 February 2024, 02:54 AM | #22 | ||||
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Thanks, and I agree.
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25 February 2024, 06:52 AM | #23 | |
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25 February 2024, 08:24 AM | #24 |
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20 February 2024, 10:57 AM | #25 |
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I own 2 Breitling, a 1985 Navitimer/Aerospace and a more recent Endurance Pro. I like both pieces very much. The Aerospace gets more wrist time and I love the classic look. I had to send the Endurance Pro back to Breitling after a year because of problems with the pushers and mechanical issues so I was not happy about that.
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20 February 2024, 12:57 PM | #26 |
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sure whatever you say. Said like a true watch flipper, good luck finding your bargain bin watches. Hopefully you don’t sell them back to a dealer, because you will get another 40-50% less back than the 30% off you paid from msrp.
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20 February 2024, 01:01 PM | #27 |
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Typical reply when essentially you have nothing of note to reply with. Go buy from Breitling's boutique son.
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25 February 2024, 06:50 AM | #28 |
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lol this is is still going. Dave gets in on so many different levels the other guy only cares about losing money.
My issue is you basically wrote a very condescending post about how Breitling is terrible because it loses value “how the boutique is dead” and you “has no desire to buy any of their watches”. What’s the point of that? If you really only cared about money and “value” preservation, you would not buy any watches at all. Nobody needs a watch and especially not a luxury watch. Most wealthy people don’t even wear watches or have a watch collection. People that buy watches buy them for pure enjoyment a particular watch or brand gives them. Maybe come back and rejoin the discussion one you’ve bought, sold, traded 10-20 watches and see how much money you’ve made. Oh and just so you know - I have watches in my collection that I can sell for a profit on what I paid but those are outliers and was lucky to o get them. Also I’m not your son, and you don’t even know me. You have no idea where I get my watches so stop assuming things you don’t know. So let’s get that straight and you can go crazy somewhere else. Maybe join a finance forum on how not to lose money buying things you can’t afford? |
30 August 2024, 07:53 PM | #29 |
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My Rolex had a lab grown sapphire crystal does this mean that it's crap because it's not an "earth mined sapphire" ?
What twaddle
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6 September 2024, 04:46 AM | #30 |
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My Navitimer 1, 41 mm A17326 is very stiff to wind and set. Recently complained to the AD and they sent it back to Breitling. Picked it up yesterday and its still pretty stiff to set and wind. My sa showed me a new one from the case and it was exactly the same thing. I'm getting older so this won't get easier for me. Any suggestions? Thank you in advance..
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