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Old 1 January 2020, 06:44 PM   #1
unknown
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Talking about th Journe chronometre bleu and how popular it is

Well, On my instagram page I made a poll for 24 hrs
Showed 4 very popular and sought after watches and asked my followers which one they would take if they could get it AT LIST, tomorrow ..... and they were not allowed to sell it.

The 4 watches were the Patek Nautilus 5711 steel blue dial, The Patek Aquanaut 5167, the Rolex 116500 Daytona and the Journe chronometre bleu

Since everybody knows the Daytona, that one could have been the winner witt a wide margin. The Nautilus is by far the most difficult to get. Daytona might take 6 years at your AD a nautilus is more like 20 years. Aquanaut . didn't expect to win but a lot of us like it too and it is also very hard to get. The chronometer bleu is imo more a niche product and more known by real collectors.
Probably everybody that follows me will know the daytona but I'm sure some don't even know a Journe

Anyway I received close to 400 votes in 24hrs. Look at rolexforums with over 100.000 members and you'll notice that those are a lot of votes, so imo a good indication about how the market thinks

Anyway, I was REALLY surprised with the result

Yes, the Nautilus won but the difference with the Journe was rather small
The Daytona made no chance and the aquanaut was terrible


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Old 1 January 2020, 06:49 PM   #2
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It makes sense to me. The premium on the 5711 is insane while still reasonable on others. Also IMHO the 5711 provides the best balance between brand image, quality, sporty and dressy/elegance. The CB excels in exclusivity and uniqueness but still a niche product as you mentioned. Good poll
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Old 1 January 2020, 07:23 PM   #3
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after the poll was closed a follower asked me to let people not between that journe and the Grönefeld Principia

He thought the Gronefeld would blow away the Journe

so I did another poll



Bravo FP Journe :-)
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Old 1 January 2020, 07:35 PM   #4
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And yet I got bored of the CB more quickly than almost any other piece I’ve owned. I kept it for a while but eventually let it go.


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Old 1 January 2020, 08:34 PM   #5
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Quote:
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Well, On my instagram page I made a poll for 24 hrs
Showed 4 very popular and sought after watches and asked my followers which one they would take if they could get it AT LIST, tomorrow ..... and they were not allowed to sell it.

The 4 watches were the Patek Nautilus 5711 steel blue dial, The Patek Aquanaut 5167, the Rolex 116500 Daytona and the Journe chronometre bleu

Since everybody knows the Daytona, that one could have been the winner witt a wide margin. The Nautilus is by far the most difficult to get. Daytona might take 6 years at your AD a nautilus is more like 20 years. Aquanaut . didn't expect to win but a lot of us like it too and it is also very hard to get. The chronometer bleu is imo more a niche product and more known by real collectors.
Probably everybody that follows me will know the daytona but I'm sure some don't even know a Journe

Anyway I received close to 400 votes in 24hrs. Look at rolexforums with over 100.000 members and you'll notice that those are a lot of votes, so imo a good indication about how the market thinks

Anyway, I was REALLY surprised with the result

Yes, the Nautilus won but the difference with the Journe was rather small
The Daytona made no chance and the aquanaut was terrible


I voted in your poll and voted for the FPJ.

I'm an owner of the CB and have never had the desire to flip the CB, but have sold the 2 Patek pieces in the poll as I grew bored of them. We all have different tastes, but for me, the CB is a keeper and an easy daily wearer that can be casual and dressy and the look can instantly change with a new strap.
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Old 1 January 2020, 11:28 PM   #6
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I’ve sold all four of these. I miss 5711 white
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Old 1 January 2020, 11:59 PM   #7
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after the poll was closed a follower asked me to let people not between that journe and the Grönefeld Principia



He thought the Gronefeld would blow away the Journe



so I did another poll







Bravo FP Journe :-)


Thanks for sharing .. not suprised on the outcome of this one as I suspect while people are waking up to FPJ, far fewer are aware of Gronefeld


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Old 2 January 2020, 12:17 AM   #8
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Interesting. I’m a Journe fan and own a CB. Honestly, if I had to sell every watch in my collection I would find a way to keep the CB. It’s just on another level.

That said, I would have voted for the Nautilus in your poll since I already have the CB and a version of the Aquanaut & Daytona. Picking up a 5711 at list would be a dream come true. I will work this year on making that dream come true.
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Old 2 January 2020, 12:28 AM   #9
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FPJ would be my vote. My collection does desperately need a panda, I'm thinking of truly legendary designs that have great meaning and excellent customer service. Almost a tie between Rollie and FPJ, though obviously FPJ is a true connoisseur timepiece imho.
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Old 2 January 2020, 11:31 AM   #10
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The Journe, Gronefeld, or Daytona would be the only ones I would wear unless you paid me.
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Old 2 January 2020, 07:44 PM   #11
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Excellent poll. Surprised you didn't throw in the AP 15202 instead of the Aquanaut.
In terms of 3 hand watches from independent brands, the CB is difficult to match even when compared to Laurent Ferrier, Gronefeld, Moser et al.
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Old 3 January 2020, 05:26 PM   #12
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I’ve sold all four of these. I miss 5711 white
Ha same except the journe. Did try it on in the boutique but wasn’t my jam back then. I don’t actually like heavy so tantalum is not a plus for me.
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Old 7 January 2020, 11:19 PM   #13
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I’ve emailed the Miami, NY and Geneva boutiques asking about the availability or possibility of being added to a wait list (considering the watch to commemorate my wedding). Geneva and Miami said they aren’t taking more names for the wait list. Miami said the list is 5+ years long without reference to being added to it.

The flippers of the world really kill it for the enthusiast that want to own and enjoy this watch (happens with tons of other watches too *blnr*). Who all thinks the CB is “worth” the secondary market price? Can’t find one for less than 34k.
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Old 8 January 2020, 12:09 AM   #14
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I wrote to the NYC to ask where I am on the waiting list. I will check my junk mail, but so far no response. Put on list about 3 years ago.
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Old 8 January 2020, 01:24 AM   #15
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I wrote to the NYC to ask where I am on the waiting list. I will check my junk mail, but so far no response. Put on list about 3 years ago.
I'm on that same list. I went in person a couple months ago to inquire about my status. Basically, they don't know. The waitimes and allocation decisions are made centrally in Switzerland.
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Old 8 January 2020, 03:12 AM   #16
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I’ve emailed the Miami, NY and Geneva boutiques asking about the availability or possibility of being added to a wait list (considering the watch to commemorate my wedding). Geneva and Miami said they aren’t taking more names for the wait list. Miami said the list is 5+ years long without reference to being added to it.

The flippers of the world really kill it for the enthusiast that want to own and enjoy this watch (happens with tons of other watches too *blnr*). Who all thinks the CB is “worth” the secondary market price? Can’t find one for less than 34k.
It's very hard to justify paying that for a CB when you can spend a bit more and get something like a resonance.
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Old 8 January 2020, 04:38 AM   #17
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It's very hard to justify paying that for a CB when you can spend a bit more and get something like a resonance.
I agree except apparently govberg decided the resonance are worth 65-70k now instead of 55 lol
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Old 8 January 2020, 05:01 AM   #18
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I guess I don't agree with your followers. I like the FPJ, but I would take all 3 of the others before it (at retail).
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Old 8 January 2020, 05:21 AM   #19
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I agree except apparently govberg decided the resonance are worth 65-70k now instead of 55 lol
They do control that market.
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Old 8 January 2020, 02:55 PM   #20
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I’ve emailed the Miami, NY and Geneva boutiques asking about the availability or possibility of being added to a wait list (considering the watch to commemorate my wedding). Geneva and Miami said they aren’t taking more names for the wait list. Miami said the list is 5+ years long without reference to being added to it.

The flippers of the world really kill it for the enthusiast that want to own and enjoy this watch (happens with tons of other watches too *blnr*). Who all thinks the CB is “worth” the secondary market price? Can’t find one for less than 34k.

I was just at the Miami boutique today. The list was at 8 years several months ago and may be even longer now.

The problem with the CB is that they can't manufacture enough pieces to meet the demand. Journe only made around 600 watches total last year, 100 of them being the CB. Unlike Rolex ADs who actually have high demand watches stashed in the back which they will sell if you buy a PM or other high priced pieces, Journe does not have the stock. So when they say the list is 8 years long or you won't be able to get one, they mean it.

The other thing to consider is the possibility that they might end production of the CB at some point, given the difficulty in manufacturing the piece and the low profit margin. Will it happen before the waitlist is satisfied? Who knows?

So to get back to your question. If you are not currently on the waitlist and want one, considering the retail price is 25K, plus a couple thousand or so for taxes, you are looking at a premium of about 7K and up for a piece that may be unobtainable otherwise, and that will most likely only increase in value. In my opinion, unlike some Rolexes that are not worth the secondary market price, if you can get a CB in the 30K's, I think it is worth it.
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Old 8 January 2020, 03:21 PM   #21
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And yet I got bored of the CB more quickly than almost any other piece I’ve owned. I kept it for a while but eventually let it go.


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That market premium you will get is so hard not to let it go too..

Just kidding.
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Old 8 January 2020, 03:30 PM   #22
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And yet I got bored of the CB more quickly than almost any other piece I’ve owned. I kept it for a while but eventually let it go.


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I worry about this too. Seems like one that I may get tired of quickly - but what a beauty
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Old 8 January 2020, 03:54 PM   #23
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I worry about this too. Seems like one that I may get tired of quickly - but what a beauty
The hefty market premium isn’t making it any easier too..
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Old 27 January 2020, 08:06 AM   #24
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I agree except apparently govberg decided the resonance are worth 65-70k now instead of 55 lol


And going. These Resonances are now on fire. What happened?



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Old 27 January 2020, 08:19 AM   #25
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And going. These Resonances are now on fire. What happened?



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Recent Auction sold one for ~250k...
and the new resonance release (this March) is going to be priced at ~138k
that’s what happened

Conservative estimate, if things keep on as they have been, 38mm releases will top six figures by mid year.
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