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View Poll Results: Do you believe LE watch are marketing hype -or- true value | |||
LE are Marketing Hype. | 28 | 90.32% | |
LE are true value that can justify such high premiums. | 3 | 9.68% | |
Voters: 31. You may not vote on this poll |
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30 October 2011, 08:40 AM | #1 |
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Real Name: gus
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Conversation About LE (Limited edition) watch's
Do you believe a watch sold today as a limited edition, aka collectable right out of the store front window will live up to its expectations?
Do you believe LE watch are marketing hype -or- true value that can justify such high premiums ? what are your expectations in acquiring a LE watch? imho: i'm inclined to think, if it is sold new with the intention of being collectable, the consumer may have missed the boat. it seems the initial outlay to buy a limited edition is typically so great that there is little room for any additional appreciation. anxious to hear the varied opinions from the passionate members here on TRF.
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30 October 2011, 08:58 AM | #2 |
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Real Name: Mark
Location: Bonny Scotland
Watch: 14060M Sub (cosc)
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One of the things I really love about Rolex is that they don't really go in for limited editions.
Before I bought my 14060m I looked at a lot of other brands. I initially resisted Rolex since I felt it was a bit "obvious"... But one of the factors that really swung me was so many of the other higher end brands doing a ridiculous amount of limited editions. AP, JLC, IWC, Blancpain et al (not to mention the travesty of the Omega Bond thing) all seemed to offer countless limited editions. I'll stick to my classic Sub... There may be a lot of them about but I'm happy enough that they broke the mould when they made ME that I don't need the same from my wristwatch!
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30 October 2011, 09:11 AM | #3 |
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Instead of LE watches IMHO what Patek does makes more sense: they stop producing watches after a short period of time, and introduce a new model to replace the old one. Of course it wouldn't work with mass produced watches like Rolex, Omega and Breitling.
I'm glad Rolex refuses to step on the LE route, and I'm quite pissed at AP and Hublot for flooding the market with endless number of LE pieces. Not to mention Omega with their "mandatory" Speedmaster LE in every single year...
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30 October 2011, 09:16 AM | #4 | |
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Quote:
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30 October 2011, 09:16 AM | #5 |
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Real Name: Chris
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Something marked 'Limitied Edition' rarely lives up to a financial gain it implies. Occasionally, but usually not.
Omega likes to do this. LE Olympic watches, LE James Bond movie watches, etc. Just look at resale of these now. Rolex sidestepped the LE issue with the LV by calling it Anniversary and did quite well. It's all marketing. Remember, rarity and desirable are two different things. LE may be rare, but often are not desirable enough to raise prices.
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30 October 2011, 09:19 AM | #6 | |
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Real Name: gus
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Quote:
I also found my way to rolex after wading through and looking for the best watch for my purpose, after buying my sub and wearing the crap out of it i know i made the best choice. LE just don't seem like they're designed to be daily wearers? so you can only look at them or take a large hit in depreciation if your so bold as to actually use it? im surprised there has been no support for LE yet. interesting point!
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30 October 2011, 09:24 AM | #7 |
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Real Name: Mark
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Damn straight!
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Don't mind me. I'm full of scotch, bitterness and impure thoughts! "You have enemies? Good! That means you stood up for something, sometime in your life." Sir Winston Leonard Spencer-Churchill KG, OM, CH, TD, PC, DL, FRS. |
30 October 2011, 09:29 AM | #8 |
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Limited editions are for brands that need to attract attention.. Rolex does not need that...
When I hear Limited Edition I always think Panerai.. and probably the owners are the only ones that know how "limited" is their watch..
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30 October 2011, 10:09 AM | #9 |
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This is an interesting and informative thread for me. I didn't vote because I wasn't sure exactly how I felt. I am considering a non-Rolex watch that is a LE. I wish it wasn't, as the price is high, likely because it's limited. This is the reason I haven't bought it yet. I don't want to pay a high premium because it's a LE.
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30 October 2011, 10:13 AM | #10 |
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Real Name: Dan
Location: USA
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I'm glad Rolex doesn't do it. not a big fan of the idea personally.
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30 October 2011, 10:26 AM | #11 |
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Rolex did it with the Daytona for quite some time, they just didn't stamp the numbers on the back.
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30 October 2011, 10:31 AM | #12 | ||
"TRF" Member
Join Date: Jan 2011
Real Name: gus
Location: East Coast
Watch: APK & sometimes Y
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Quote:
Quote:
most recently the thing that put me over the edge is a company issuing more pieces beyond the LE stated amount..just seems blatantly insincere.
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30 October 2011, 10:37 AM | #13 |
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In my early WIS days I fell for the hype and bought a couple of "limited edition'' Omega Speedmasters, mainly because they offered some investment value.
I've since seen the light and sold them (all at losses, so much for investment value!). I'm sticking to Rolex now. |
30 October 2011, 11:54 AM | #14 |
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LE = anticipated to be low sellers, hence the label LE.
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