Completely wrong mindset to treat watches as investment. That is why you have the mentality that you lose money when selling it at a lower value. You buy a watch because you like it.
Can't agree more with you. I anticipate VC to continue go below MSRP. This year their took the direction to release exclusive custom pieces instead of releasing new existing hot models. Honestly, I would not blame VC for the price adjustments. The Richemont group definitely got ahead of themselves in raising their prices. Happened with JLC, Lange, Cartier, Van Cleef. Their online retail side of the business YNAP is losing money for almost a year, they had to do something to try and make money back.
I’ve also had to sell my 4500V black dial due to not wearing it from my collection. Was very lucky to sell during the peak at over 50% retail. Now I could’ve bought new at slightly under 5-10%. Buy what you like and enjoy, that’s the best advice I received.
Hi, thanks for the video. I really liked the standard VC overseas and the dual time but you're right. You get more value buying VC secondhand, even BNIB ones go below MSRP. Also cheers from Singapore
Loved the honesty of this piece and there was good market data on watches. I think I learn the most from the journey and experience of others - you have an incredible collection
Thank you for the review. Today, I expressed interest in Geneva boutique to buy SS black dial Overseas without complication. Perpetual calendar is not yet in my budget. The attitude in the boutique was superb, and I really liked the watch. You are right that buying watches as an investment is wrong strategy, unless you buy at retail and put it immediately to the vault for several years. In this scenario, there is no enjoyment of wearing the watch which completely messes the enjoyment of collecting. Not my choice.
My favourite Overseas but the perpetual way above my budget. I tried on the time only in 2016 when they first came out and available but found it a bit too big and I have a 19cm wrist. It will be interesting to see the size of the next generation overseas or perhaps they will expand the 222 range.
You have my sub👊! As silly as it sounds, “some” malfunctions are acceptable as they (to me) indicate a human simply made a mistake, had a bad day, was distracted, was hung over etc. etc. If we wanted perfection we’d buy a Casio (overstatement obviously). This all goes out the window if it isn’t covered of course. Even then, so what, get over it, if you’re that angry, the watch doesn’t mean enough to you. Fix it, sell/trade it and move on.
Great Video my friend! i think now (new year coming) it's a good time for a "state of the collection" video. by the way, couldn't agree more about your opinion about VC - they rock!
Yes please. Would love to see this. Congrats on developing your channel this year. What happened to the videos of the DB28 and Patek 5231J vs 5231G that you teased? Thanks. @@watchesinsingapore
Many watches have always sold new for under suggested retail value, some as much as 40%. It’s only been very recently where watches traded above the retail price.
@@watchesinsingaporeAlmost every high end watch I've purchased had some problem. Patek, Moser, Lange, UN JLC, Bulgari, Panerai - all had to go back for something to be fixed after being purchased new from the brand boutique or AD.
Appreciate your video ☀️ I have given up buying anything from the ADs and boutiques. This is because they either want to bundle for the “hot” pieces or the not so hot pieces are available on the secondary market at much less $. I do not mind buying from the grey market for new or even pre-worn pieces. Anyway, I’ve also fallen in love with neo-vintage pieces from the 1990s to 2000. I find they retain value and tend to be more scarce as compared to current production watches. I wish you a happy holiday season ahead ☀️
@@timeisahumanconstruct9251 I have often felt that but lack the facts to say what “proof” I have about the superior quality of neo-vintage over current day watches.
@@marcn8750 Antecdotally makers like Breguet and AP put more effort into hand-finishing vs machine-finishing. Today, there is less effort put into the equivalent models. I'm generalizing, but I have seen starch differences.
@@timeisahumanconstruct9251 I've got a submariner 14060m that travels with me all over the world, done snowboarding, went camping in the outback, taken it to places -30deg C, or hot as 43 deg C, roam the streets of Paris, and EU, taken it sea swimming/diving and its still working perfectly! The most durable tool watch that any men should ever invest in!
I've a gotten a brand new VC Dual time from the boutique and the experience has been amazing. I am recently also into neo vintage watches and picked up a AP 14790st, a Rolex Pepsi 16710 and yesterday i made a purchase for a Speedmaster with nice patina. AS time goes along, our tastes and preferences change as well. It's your money and your collection so you decide what to do with it. But the Dual time blue dial is one of my fav pieces in my collection and would like to continue keeping it.
Vc makes beautiful watches, no doubt. The problem is the horrible depreciation. People will say buy them used but still does not really save you from the depreciation. When you go to sell it most models are difficult to sell and dealers will want to give you drastically less than you paid if they will even take it at all. Some people believe when you buy something that’s extremely depreciated you getting a good value but you’re really just getting a product that was over priced to begin with and has low demand.
all brands depreciate now some more some less but will go up again price wheninterest rates go down ...if price is everything for you then you should invest in stocks not watches...
I believe the watch you purchased is beautiful. If you have the disposable income to spend on a watch like that than more power to you. I would be very upset if I lost that kind of money on a watch and I would probably be much more careful in the future. You seem to be OK with it.
Enjoyed your watch journey content as always. I hope that your current finanicial situation improves soon. On a different note, I found it interesting that Watchcharts reported the 2nd hand market price for the 4300v is ~S$145k. This seems like a significant difference from the amount you sold it for.
Their data is generally quite far off the mark. Nothing out there reflects actual transaction prices, except auctions to an extent. Prices for the 4300V have dropped even further since I sold
Way beyond my reach. That said, I love their watches. The Malte, Patrimony Historique collections along with their enamel work is stunning. If I could afford a Vacheron and Constantin, pre owned would be the way to go, now more than ever.
Wow the blue Overseas is to die for. The one I like most is the moonphase retrograde date. Could I technically buy one ? Yes, but I think the purchase price and cost of ownership is very high. So I have in my collection catalogue the top 3 unattainable ones - and the VC Overseas blue moonphase is among them. It is a small consolation.
I caught the part where you mention that the 222 is trading 10% under list. However, the VC boutique continue to insist that the 222 isnt a first piece allocation😂. Funny how things work eh😅
Quite a few people have gotten it as their first piece though. And I hear many are turning 222s down because they are trading quite a bit under retail even brand new
@@watchesinsingaporeI'm not very active in the scene in Singapore. Probably just another walk in in shorts and sneakers. Hey no harm, no foul. Just interesting to see how this Richemont's strategy for ALL of their brands unfold like a house of cards (imagine the IWC ingy is not that far away from the current 222 situation)
@@watchesinsingaporeon rejecting the SG boutique offer, I could maybe speculate that a high roller would probably have some EU contacts as well. With the way the SGD been acting strong, along with a vat refund of almost 15%+... I'd say purchasing it in the EU makes more sense than SG as well... this assuming that there's actual volume to deliver there. Happy holidays to you sir. Enjoyed your vids in 2023
@@sn00ze88 hmm haven't kept up with EU currencies, but last time a friend was offered a 222 in London, the retail was much higher than SG. At the time, SG retail was also much higher than HK. Probably some elements of FX volatility and differing RRP across region at play here. And thanks for watching the videos!
I wore my 222 for 25 years essentially every day. Had the band repaired once. Now I need a link repaired. I can only say there is nothing better than wearing and enjoying a watch for that many years. Because when you die, owning museum peace locked in safe isn’t nearly as fulfilling as daily wearing a 222.
Kudos for the honesty. Loved this episode that was put out. VC is an amazing brand which is deserving of the status as one of the trio of the holy trinity. However I think management really dropped the ball when it came to managing the hype and building the brand. No surprises that they are now suffering immensely. It’s hilarious how they thought they were on route to stardom like the likes of AP and PP. in fact they probably thought they were going to cover all the ground lost in a much shorter span of time than the duo. All that unrealistic expectations and change in the level of service and attempts at bundling and following the likes of AP and PP really did them in. Today, it’s more expensive than ever to buy VC and likely the trust in the brand is eroded as money is better parked in AP or PP be it for status, or value retention.
I don’t think the status has been diminished at all. As for value retention… not the point of buying a VC in my opinion. The watch market as a whole is suffering, it’s not just VC. Although I agree the price increase was too much, unfortunately this is Richemont’s nature. They’ve already ruined IWC and JLC, VC and Lange are next.
@@attila2246 value retention shouldn't be the primary point of buying any luxury product. It's nice to retain value, but not a must. As you said, we buy these things for passion and other reasons. Really curious to see how Richemont's strategies play out. Lange is basically facing the exact same problem.
@@watchesinsingapore likely will just start getting dealers to clear that watches again and will never get another chance to secure consumers vote of confidence.
@@bw3330 maybe, thing is they ended a lot of relationships with authorized dealers to focus on their own boutiques. So will be interesting to see how it plays out when demand is weak
I am shocked that the rotor stopped working. And you mentioned this occurred in other Vacheron’s too. At this price point free $100 dinner or $20 coffee isn’t enough. All this money is being paid for the quality of the watch, experience is secondary after quality product is delivered. I was planning to buy VC chronograph but I did more research after seeing your video. I don’t think VC deserves to be called a grail watch. Instead A. Lange & Söhne should be in its place as a holy grail and the second option would be JLC. It’s my opinion. But I think everyone would agree with me that at this level and price no matter what the reason might be, they should not malfunction so easily.
From owning multiple Langes, I can tell you that they have many more problems 😂 Many don't seem to realise how common issues are with high horology watches.
Honesty and transparency. The covid years were just so surreal and I just felt compelled to sell all of my watches except the couple (ironically the cheapest watches I owned) that my father, who has passed away, gave me. Luxury watches are consumables and very very very very few will actually appreciate value in a significant way. You have to get lucky and to pay a lot for basically perfect storage and maintenance to see appreciation. Rebuilding my collection now. I didn't turn down my overseas allocation.
I’m planning on getting a 4500V. If you had to pick one would you choose it in steel or rose gold? Thanks for you input and making another great video!
It wasn't that long ago that they were begging you to buy the Overseas with blue dial - I've got plenty of emails of them inviting me back into the boutique to try it on - there was no such thing as a waiting list. That VC Perpetual movement needs sorting out - the month dial is almost unreadable. I bought a bespoke early 70's VC in white gold with the same base ultra-thin movement as in your perpetual (the 1121, the date only version) for about £900, pristine condition - that tells you what these things are really worth, and they aren't worth anything like retail.
Interesting video. I just got a 222 and looking at getting a 4520V in gold with the blue dial now. Surprised to hear you lost so much on the Overseas and it makes me think twice about getting one, but I'm very happy with the 222 and for sure I'll never sell it. I disagree about the Singapore boutique experience though, as I've never received anything more than a bottle of sparkling water, but when visiting the Cartier boutique they always offer me champagne even BEFORE buying the watch. Did you purchase from Ion or MBS?
@@watchesinsingapore Hi. Yes, I just checked the market on my VC 1921 40 mm White Gold, and that's also dropped a lot. VC definitely have a problem with holding value, though fortunately I don't plan to sell any watches so it's not so much of an issue. The pre-owned prices for the VC Overseas on Chrono24 look to be quite high now, but there's also a lot for sale and the price seems to be coming down rapidly.
Richemont definitely has a shared service centre in Singapore. But my understanding is that most VC watches are handled by the watchmaker stationed here, Jordan. For more complicated watches, they may be sent to Hong Kong or back to Switzerland for servicing. Of course, I'm not VC staff, so take the above with a grain of salt.
Given their decision to make slight changes to the VCO line in references like the 4520, I'd guess they don't plan to do a refresh soon, which I find a bit disappointing. The current Overseas generation has been out since 2016, and it could use some larger changes.
I have approximately zero sympathy for rich people who lose money on buying watches they didn't really want and just kinda wanted a shiny thing that they could have for free for a little while. it demeans the really passionate watch collectors without those kinds of means who couldn't care less what value their watches were and weren't lucky enough (yes LUCKY - being Vacheron Perpetual Calendar-level wealthy has literally nothing to do with hard work or intelligence) to be able to fully express their passion. and then we sit through and watch this drivel just so we can see the things that you people barely care about and fret about their value and gush about "the buying experience" because what really matters to you is being pampered. get bent.
@@gackerman99 no it really doesnt, it requires initiative to create your own company rather than working for someone else, the hard work and intelligence to scale it. luck can help but its by no means required. Your problem is you didnt find a way to build wealth using equity instead working on a salary. You have no financial sense and thats why you cant afford the watches you want. You chose the wrong path, equity is all, equity above all else is the only thing that has the potential to generate "fuck you" money and if your career path does not involve owning equity it can not generate fuck you money
This is a terrible video. You vacillate back and forth on your opinion and what you're saying doesn't make sense. For one, it sounds like you didn't really like the watch as you mention in the first 5 minutes due to the fact you had other watches in your collection, or on loan, that you preferred. At 4:48 you said, "I wasn't wearing it much." Then when you talk about why you sold, you said, "I wore the absolute hell out of my 4300v." Look, your opinion is your opinion, but don't speak out of both sides of your mouth. You weren't wearing it, you changed your mind, which is your prerogative, but you didn't wear the absolute hell out of it at all. I'm not sure how they sell VCs in Singapore, and maybe this is because your purchase experience was a few years ago, but in the US and on the global website, when you buy an Overseas, you get 3 bands, including the bracelet you lament not having. I hate when people buy watches they don't really like to begin with, only to complain the watch didn't live up to expectations. As people have pointed out, if you are building a collection, the number one priority should be do I like this watch, followed closely by, am I going to wear it?
This 4300v VCO didn't come with the bracelet, hence the gold deployant buckle, the straps that come with bracelet option comes with a pin buckle, just saying.
Watches are not bought because they are “needed” or because they are “practical”. They are bought my fanatics who love a really finely made object that provides unmatched style & exclusivity. . It is an elite, ultra-luxury segment, where, frankly, 134K is about the entry point. It only goes up from there😂
It’s jealously when someone has to knock another watch enthusiast for what they paid for a watch. If you are a collector and someone that has the resources and enjoys art on there wrist why not. I’ll bet the naysayers can’t afford any luxury timepiece, they don’t have the money so they have to knock others to make themselves feel better, what a shame.
@abhaig mist of the price of those watches is almost entirely due to perceived status. Very little of that price is due to tangible qualities such as quality of materials and style. It's similar to the tulip craze in Holland in the 18th century. It's almost all due to psychological factors and very little to the watch itself. Only fools buy into that paradigm.
@timeisahumanconstruct9251 even if I were a billionaire I would not buy into that fool's paradigm. I would spend my money on items that are expensive due to their intrinsic value, not almost exclusively due to their perceived social status. That 134000 watch is equivalent to the over priced tulips in 18th century Holland. Yes, he is a consumer sheep
Don’t buy watches as investments, buy because you love them. And don’t spend more than you can afford.
That's right! And stop looking at "grey market", leave it to the kids. Watches are there to be enjoyed. Not to be benchmarked. VCs are stunning!
I don’t think this guy has any problems buying things he can’t afford.
Yeah this guy is not actually a collector. No interest in horology.
Very good and true comments
He literally says in the video he never buys as investments.
I buy watches and cars because I like them. I buy real estate and stocks for investment.
Appreciate your honesty and transparency on the video. Selling such a beautiful watch is never easy.
Buy a watch because you like it and not of the depreciating value in my humble opinion. 😊
Completely wrong mindset to treat watches as investment. That is why you have the mentality that you lose money when selling it at a lower value. You buy a watch because you like it.
Can't agree more with you. I anticipate VC to continue go below MSRP. This year their took the direction to release exclusive custom pieces instead of releasing new existing hot models. Honestly, I would not blame VC for the price adjustments. The Richemont group definitely got ahead of themselves in raising their prices. Happened with JLC, Lange, Cartier, Van Cleef. Their online retail side of the business YNAP is losing money for almost a year, they had to do something to try and make money back.
I’ve also had to sell my 4500V black dial due to not wearing it from my collection. Was very lucky to sell during the peak at over 50% retail. Now I could’ve bought new at slightly under 5-10%. Buy what you like and enjoy, that’s the best advice I received.
Hi, thanks for the video. I really liked the standard VC overseas and the dual time but you're right. You get more value buying VC secondhand, even BNIB ones go below MSRP.
Also cheers from Singapore
It's a great time to buy them on the grey market! A lot of pieces aren't moving so good potential to get a nice deal. Thanks for watching!
Loved the honesty of this piece and there was good market data on watches. I think I learn the most from the journey and experience of others - you have an incredible collection
Thank you for your honesty. Great recap.
Thanks for watching!
Thank you for the review. Today, I expressed interest in Geneva boutique to buy SS black dial Overseas without complication. Perpetual calendar is not yet in my budget. The attitude in the boutique was superb, and I really liked the watch. You are right that buying watches as an investment is wrong strategy, unless you buy at retail and put it immediately to the vault for several years. In this scenario, there is no enjoyment of wearing the watch which completely messes the enjoyment of collecting. Not my choice.
Hello from Florida! I very much enjoy your channel! No frills and honesty.
Great video. Your insights remain spot on. Keep it up!
Thanks for watching!
Thank you for that extraordinarily honest and comprehensive review. I learned a lot. Happy new year to you.
Thanks for watching! Happy new year to you too
Honestly think these are nicer than APs and Rolex. Such a class watch.
Very good video. I look forward to following you.
It is a journey. Appreciated your honesty. 🎉
It is indeed! Thank you for taking the time to watch 🙏🏻
Value up or down should not ever be a consideration. Buy what you love and a watch you can buy ANYTIME.
My favourite Overseas but the perpetual way above my budget. I tried on the time only in 2016 when they first came out and available but found it a bit too big and I have a 19cm wrist. It will be interesting to see the size of the next generation overseas or perhaps they will expand the 222 range.
You have my sub👊! As silly as it sounds, “some” malfunctions are acceptable as they (to me) indicate a human simply made a mistake, had a bad day, was distracted, was hung over etc. etc. If we wanted perfection we’d buy a Casio (overstatement obviously). This all goes out the window if it isn’t covered of course. Even then, so what, get over it, if you’re that angry, the watch doesn’t mean enough to you. Fix it, sell/trade it and move on.
I sold my rose gold blue dial as well... make $5K or so, but I spent it all on a new Rolex GMT Meteorite dial which I like wearing a lot more
Great Video my friend! i think now (new year coming) it's a good time for a "state of the collection" video. by the way, couldn't agree more about your opinion about VC - they rock!
Yeah I'll probably make one. Thanks for watching!
Yes please. Would love to see this. Congrats on developing your channel this year. What happened to the videos of the DB28 and Patek 5231J vs 5231G that you teased? Thanks. @@watchesinsingapore
Many watches have always sold new for under suggested retail value, some as much as 40%. It’s only been very recently where watches traded above the retail price.
Happy to know another watch geek in Singapore
Haha thanks for watching!
Buy a VC on the secondary market
Rotor failures at that price point is insane.
Hmm, you'd be surprised how common problems are even at this price range or higher
never had that issue with seiko 5
Overseas 1st and 2nd generation have never had that problem. Conclusion: girard perregaux and jaeger lecoultre produce better movements than VC.
@@watchesinsingaporeAlmost every high end watch I've purchased had some problem. Patek, Moser, Lange, UN JLC, Bulgari, Panerai - all had to go back for something to be fixed after being purchased new from the brand boutique or AD.
Appreciate your video ☀️ I have given up buying anything from the ADs and boutiques. This is because they either want to bundle for the “hot” pieces or the not so hot pieces are available on the secondary market at much less $.
I do not mind buying from the grey market for new or even pre-worn pieces.
Anyway, I’ve also fallen in love with neo-vintage pieces from the 1990s to 2000. I find they retain value and tend to be more scarce as compared to current production watches.
I wish you a happy holiday season ahead ☀️
i'd argue that watches from the 90s and 00s are better of quality too.
@@timeisahumanconstruct9251 I have often felt that but lack the facts to say what “proof” I have about the superior quality of neo-vintage over current day watches.
@@marcn8750 Antecdotally makers like Breguet and AP put more effort into hand-finishing vs machine-finishing. Today, there is less effort put into the equivalent models. I'm generalizing, but I have seen starch differences.
@@timeisahumanconstruct9251 I've got a submariner 14060m that travels with me all over the world, done snowboarding, went camping in the outback, taken it to places -30deg C, or hot as 43 deg C, roam the streets of Paris, and EU, taken it sea swimming/diving and its still working perfectly! The most durable tool watch that any men should ever invest in!
I've a gotten a brand new VC Dual time from the boutique and the experience has been amazing. I am recently also into neo vintage watches and picked up a AP 14790st, a Rolex Pepsi 16710 and yesterday i made a purchase for a Speedmaster with nice patina. AS time goes along, our tastes and preferences change as well. It's your money and your collection so you decide what to do with it. But the Dual time blue dial is one of my fav pieces in my collection and would like to continue keeping it.
That’s a really beautiful watch. I so wish I could afford one. And never borrow money to buy a watch.
Vc makes beautiful watches, no doubt. The problem is the horrible depreciation. People will say buy them used but still does not really save you from the depreciation. When you go to sell it most models are difficult to sell and dealers will want to give you drastically less than you paid if they will even take it at all. Some people believe when you buy something that’s extremely depreciated you getting a good value but you’re really just getting a product that was over priced to begin with and has low demand.
all brands depreciate now some more some less but will go up again price wheninterest rates go down ...if price is everything for you then you should invest in stocks not watches...
People like you are the problem. Watches are meant to be worn and enjoyed, not investments 🤦♂️
I believe the watch you purchased is beautiful. If you have the disposable income to spend on a watch like that than more power to you. I would be very upset if I lost that kind of money on a watch and I would probably be much more careful in the future. You seem to be OK with it.
Enjoyed your watch journey content as always. I hope that your current finanicial situation improves soon. On a different note, I found it interesting that Watchcharts reported the 2nd hand market price for the 4300v is ~S$145k. This seems like a significant difference from the amount you sold it for.
Their data is generally quite far off the mark. Nothing out there reflects actual transaction prices, except auctions to an extent. Prices for the 4300V have dropped even further since I sold
You do know online asking prices are not selling prices right? They are inflated on average 15%+
@@steven8628 That's an optimistic estimate to me now ;)
Way beyond my reach. That said, I love their watches. The Malte, Patrimony Historique collections along with their enamel work is stunning.
If I could afford a Vacheron and Constantin, pre owned would be the way to go, now more than ever.
The watches are indeed amazing, and there are great deals on the grey market
Wow the blue Overseas is to die for. The one I like most is the moonphase retrograde date. Could I technically buy one ? Yes, but I think the purchase price and cost of ownership is very high. So I have in my collection catalogue the top 3 unattainable ones - and the VC Overseas blue moonphase is among them. It is a small consolation.
It's very nice!
Great channel and I really appreciate your quality videos!
I hate perpetual calendars. You either have to wear them or use a watch winder. They are fragile and complicated.
I caught the part where you mention that the 222 is trading 10% under list. However, the VC boutique continue to insist that the 222 isnt a first piece allocation😂. Funny how things work eh😅
Quite a few people have gotten it as their first piece though. And I hear many are turning 222s down because they are trading quite a bit under retail even brand new
@@watchesinsingaporeI'm not very active in the scene in Singapore. Probably just another walk in in shorts and sneakers. Hey no harm, no foul. Just interesting to see how this Richemont's strategy for ALL of their brands unfold like a house of cards (imagine the IWC ingy is not that far away from the current 222 situation)
@@watchesinsingaporeon rejecting the SG boutique offer, I could maybe speculate that a high roller would probably have some EU contacts as well. With the way the SGD been acting strong, along with a vat refund of almost 15%+... I'd say purchasing it in the EU makes more sense than SG as well... this assuming that there's actual volume to deliver there.
Happy holidays to you sir. Enjoyed your vids in 2023
@@sn00ze88 hmm haven't kept up with EU currencies, but last time a friend was offered a 222 in London, the retail was much higher than SG. At the time, SG retail was also much higher than HK.
Probably some elements of FX volatility and differing RRP across region at play here. And thanks for watching the videos!
I wore my 222 for 25 years essentially every day. Had the band repaired once. Now I need a link repaired. I can only say there is nothing better than wearing and enjoying a watch for that many years. Because when you die, owning museum peace locked in safe isn’t nearly as fulfilling as daily wearing a 222.
Kudos for the honesty. Loved this episode that was put out. VC is an amazing brand which is deserving of the status as one of the trio of the holy trinity. However I think management really dropped the ball when it came to managing the hype and building the brand. No surprises that they are now suffering immensely. It’s hilarious how they thought they were on route to stardom like the likes of AP and PP. in fact they probably thought they were going to cover all the ground lost in a much shorter span of time than the duo.
All that unrealistic expectations and change in the level of service and attempts at bundling and following the likes of AP and PP really did them in. Today, it’s more expensive than ever to buy VC and likely the trust in the brand is eroded as money is better parked in AP or PP be it for status, or value retention.
Thanks for watching, and well said!
I don’t think the status has been diminished at all. As for value retention… not the point of buying a VC in my opinion.
The watch market as a whole is suffering, it’s not just VC. Although I agree the price increase was too much, unfortunately this is Richemont’s nature. They’ve already ruined IWC and JLC, VC and Lange are next.
@@attila2246 value retention shouldn't be the primary point of buying any luxury product. It's nice to retain value, but not a must. As you said, we buy these things for passion and other reasons.
Really curious to see how Richemont's strategies play out. Lange is basically facing the exact same problem.
@@watchesinsingapore likely will just start getting dealers to clear that watches again and will never get another chance to secure consumers vote of confidence.
@@bw3330 maybe, thing is they ended a lot of relationships with authorized dealers to focus on their own boutiques. So will be interesting to see how it plays out when demand is weak
Beautiful piece
I am shocked that the rotor stopped working. And you mentioned this occurred in other Vacheron’s too. At this price point free $100 dinner or $20 coffee isn’t enough. All this money is being paid for the quality of the watch, experience is secondary after quality product is delivered. I was planning to buy VC chronograph but I did more research after seeing your video. I don’t think VC deserves to be called a grail watch. Instead A. Lange & Söhne should be in its place as a holy grail and the second option would be JLC. It’s my opinion. But I think everyone would agree with me that at this level and price no matter what the reason might be, they should not malfunction so easily.
From owning multiple Langes, I can tell you that they have many more problems 😂 Many don't seem to realise how common issues are with high horology watches.
that VC was the best watch in your collection by far👍👍
Honesty and transparency. The covid years were just so surreal and I just felt compelled to sell all of my watches except the couple (ironically the cheapest watches I owned) that my father, who has passed away, gave me. Luxury watches are consumables and very very very very few will actually appreciate value in a significant way. You have to get lucky and to pay a lot for basically perfect storage and maintenance to see appreciation. Rebuilding my collection now. I didn't turn down my overseas allocation.
I would have sold it because it malfunctioned. I heard VCs aren’t very accurate either… but that’s just me. Thanks for sharing.
Best blue dial
I've always liked the Overseas but unfortunately I find them to be a tad big for me. Very nice piece
Yeah it would be nice if they shrank the entire collection by 1mm
@@watchesinsingapore It really looked way too large for your wrist.
I’m planning on getting a 4500V. If you had to pick one would you choose it in steel or rose gold? Thanks for you input and making another great video!
Hmm, I think both are great. If you want a daily then pick steel, but if you want something that feels special then gold
100k watch with a malfunction rotor weight 🤦🏻♂️
It wasn't that long ago that they were begging you to buy the Overseas with blue dial - I've got plenty of emails of them inviting me back into the boutique to try it on - there was no such thing as a waiting list. That VC Perpetual movement needs sorting out - the month dial is almost unreadable. I bought a bespoke early 70's VC in white gold with the same base ultra-thin movement as in your perpetual (the 1121, the date only version) for about £900, pristine condition - that tells you what these things are really worth, and they aren't worth anything like retail.
Interesting video. I just got a 222 and looking at getting a 4520V in gold with the blue dial now. Surprised to hear you lost so much on the Overseas and it makes me think twice about getting one, but I'm very happy with the 222 and for sure I'll never sell it. I disagree about the Singapore boutique experience though, as I've never received anything more than a bottle of sparkling water, but when visiting the Cartier boutique they always offer me champagne even BEFORE buying the watch. Did you purchase from Ion or MBS?
Well, prices have fallen a lot more since then. I've bought from both boutiques and they've always treated me well.
@@watchesinsingapore Hi. Yes, I just checked the market on my VC 1921 40 mm White Gold, and that's also dropped a lot. VC definitely have a problem with holding value, though fortunately I don't plan to sell any watches so it's not so much of an issue. The pre-owned prices for the VC Overseas on Chrono24 look to be quite high now, but there's also a lot for sale and the price seems to be coming down rapidly.
@@watchesinsingapore We should meet up sometime. YT blocking all my attempts to contact you.
@@watchesinsingapore Or via my company website - PD Solutions
Try finding me via my company PD Solutions
Speculators and flippers are gone now so they are now available and below list. AD snobbery across all brands will disappear.
where do you go from here having already owned your grails?
Think there's always another grail to aspire towards!
Why would anyone care why you sold a watch?
You're here. 😬
Better than buying a new Aston Martin vanquish. took one hell of a haircut on that in 5years
Where did they take you for dinner?
Burger king
Hi! May I know if they have a service Center in Singapore? Or is there just 1 watchmaker stationed in sg?
Richemont definitely has a shared service centre in Singapore. But my understanding is that most VC watches are handled by the watchmaker stationed here, Jordan. For more complicated watches, they may be sent to Hong Kong or back to Switzerland for servicing.
Of course, I'm not VC staff, so take the above with a grain of salt.
Thank you for your reply! Is Jordan the watchmaker in ion boutique?
My 5500 and 7900v are up 🎉
🤣🤣🤣
oh no bro
You didn’t lose that much to be honest paying full retail…
Isn’t this case shape due for a refresh?
Given their decision to make slight changes to the VCO line in references like the 4520, I'd guess they don't plan to do a refresh soon, which I find a bit disappointing. The current Overseas generation has been out since 2016, and it could use some larger changes.
Honest
Not enough of it out there sadly
the purchase process sounds like a scam tbh
non metal bracelets make any watch look cheap
One VC that is still well above retail on the secondary market is the new 4520V blue dial three-hand Overseas.
Try Bovet next time
Bovet is my grail
What does this kid do for a living?!
onlyfans
@@kevinkoh538 makes sense haha
I have vacheron constaintin overseas 49150 rose gold no box and no paper,
I wanna sell it,
Can u explain me how to sell it sir?
I would buy sports cars instead.
buy dogs from the grey market
Well, you bought it because of hype and you should have known better. GP should never have offered you that piece. LBH.
I have approximately zero sympathy for rich people who lose money on buying watches they didn't really want and just kinda wanted a shiny thing that they could have for free for a little while. it demeans the really passionate watch collectors without those kinds of means who couldn't care less what value their watches were and weren't lucky enough (yes LUCKY - being Vacheron Perpetual Calendar-level wealthy has literally nothing to do with hard work or intelligence) to be able to fully express their passion. and then we sit through and watch this drivel just so we can see the things that you people barely care about and fret about their value and gush about "the buying experience" because what really matters to you is being pampered. get bent.
Funniest thing I've read in a while, thank you 😂
chill daddy
did you really just say people only make this kinda money by getting "lucky" maybe this mind set is why you have none
@@vitsadelhole I have plenty of money. Making a good living requires hard work. Making "fuck you" money requires luck.
@@gackerman99 no it really doesnt, it requires initiative to create your own company rather than working for someone else, the hard work and intelligence to scale it. luck can help but its by no means required. Your problem is you didnt find a way to build wealth using equity instead working on a salary. You have no financial sense and thats why you cant afford the watches you want. You chose the wrong path, equity is all, equity above all else is the only thing that has the potential to generate "fuck you" money and if your career path does not involve owning equity it can not generate fuck you money
But every car is worse to be honest.
Who cares 😂
You, apparently.
Keep it real, buy AP
Spiderman is my grail 🕸🕷🤩
This is a terrible video. You vacillate back and forth on your opinion and what you're saying doesn't make sense. For one, it sounds like you didn't really like the watch as you mention in the first 5 minutes due to the fact you had other watches in your collection, or on loan, that you preferred. At 4:48 you said, "I wasn't wearing it much." Then when you talk about why you sold, you said, "I wore the absolute hell out of my 4300v." Look, your opinion is your opinion, but don't speak out of both sides of your mouth. You weren't wearing it, you changed your mind, which is your prerogative, but you didn't wear the absolute hell out of it at all. I'm not sure how they sell VCs in Singapore, and maybe this is because your purchase experience was a few years ago, but in the US and on the global website, when you buy an Overseas, you get 3 bands, including the bracelet you lament not having. I hate when people buy watches they don't really like to begin with, only to complain the watch didn't live up to expectations. As people have pointed out, if you are building a collection, the number one priority should be do I like this watch, followed closely by, am I going to wear it?
This 4300v VCO didn't come with the bracelet, hence the gold deployant buckle, the straps that come with bracelet option comes with a pin buckle, just saying.
spending $134,000 on a watch is complete idiocy. Give your head a shake, buddy. Stop being a consumer sheep.
Watches are not bought because they are “needed” or because they are “practical”. They are bought my fanatics who love a really finely made object that provides unmatched style & exclusivity. . It is an elite, ultra-luxury segment, where, frankly, 134K is about the entry point. It only goes up from there😂
just because your financial situation differs from him does not mean he is a consumer sheep. don't project your financial insecurity onto him.
It’s jealously when someone has to knock another watch enthusiast for what they paid for a watch. If you are a collector and someone that has the resources and enjoys art on there wrist why not. I’ll bet the naysayers can’t afford any luxury timepiece, they don’t have the money so they have to knock others to make themselves feel better, what a shame.
@abhaig mist of the price of those watches is almost entirely due to perceived status. Very little of that price is due to tangible qualities such as quality of materials and style.
It's similar to the tulip craze in Holland in the 18th century. It's almost all due to psychological factors and very little to the watch itself.
Only fools buy into that paradigm.
@timeisahumanconstruct9251 even if I were a billionaire I would not buy into that fool's paradigm. I would spend my money on items that are expensive due to their intrinsic value, not almost exclusively due to their perceived social status.
That 134000 watch is equivalent to the over priced tulips in 18th century Holland.
Yes, he is a consumer sheep
Lmao the hospitality of letting you spend tens of thousands on a watch… wow what an honor
Great video about your pros and cons. Do you have instagram or twitter to contact you / see your watches?
Thanks for watching! @watches.in.singapore on Instagram