For me resale value is an important consideration...
It took me a long time to figure out what I liked, and consequently I did a lot of flipping to figure it out. Had I bought new, or had no concern about resale value my collection would look very different than it does today. After close to 7 years I am pretty happy with my collection, but still find that I have many watches I no longer wear (who needs 5 black dial speedmasters?). So the goal in 2019 is to sell 6-8 watches I never wear and enjoy the watches I love to wear.
They make a good watch now. I had this guy:
https://omegaforums.net/threads/girard-perregaux-evo-3-laureato-moonphase.45146/
And really enjoyed it. Ultimately traded it, the market is ice cold and they take a killing blow on the secondary market. I reached out to MANY of the forum sellers and most of them did not want to touch it. Some of the big AD's who do a TON of pre-owned offered me pennies for it, a laughable amount. It's certainly not like Rolex/Omega where you can "buy a plane ticket" with your watch in the span of the afternoon.. Oh no.. Maybe an afternoon snack?
Anyway my ownership experience was generally positive but I do think part of owning a "luxury" item is the curb appeal. I have some watch loving friends and all of them had to ask - "what is that?" Not that this is a bad thing.. But for many people, spending $$$ on a swiss time piece, part of the fun is having something recognizable, something to be proud of and to have "those who know, know". For the GP's, noooot a lot of people are "in the know".
I am a white gold over yellow gold, smaller case over bigger case, personal watch enjoyment kind of guy - but even so, the GP was so far under the radar that it did get to me a little bit. I think it's part of human nature.
Bottom line is, if you like it, buy it, it's a buyer's market on (most of) these GP's. Cheers and happy holidays!
I was just in a retailer here in St Thomas USVI ,on a cruise, and they had a nice GP 1966 for $10k since they won’t be carrying anymore. MSRP was 29,900. Great people and a great deal for someone. Wish it was me
Wondering if there are any Girard Perregaux owners out there.
Investigating more into the brand, it is essentially of the same pedigree as Vacheron or AP (maybe even more so because GP made movements in house that were used by many other brands over the years, similar to JLC in this respect),
These days they make some ridiculous high end grand complications, that win many prizes and push the boundaries of watchmaking...
Yet they are significantly undervalued. Maybe arguably the movement finishing is a little bit below Vacheron/Lange/Patek nowadays, but the overall product is very very compelling.
Some examples below of the 1966 line which I love the aesthetics of. The enamel dial small seconds in the white gold is stunning!
Any GP owners, or people considering buying a GP , with thoughts on this?
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