Omega Market Performance Review

Clueless_Collector · 2022-04-07T23:19:21Z

Explore Clueless_Collector's insights on Omega's CK859, Patek Philippe, and the changing luxury watch market. Discover boutique experiences and collector perspectives.

Clueless_Collector

WPS member · Omega forum

60 replies10176 views7 photos

Clueless_Collector's journey through luxury watch boutiques offers a candid look at the evolving landscape of watch retail. His experiences highlight the shifting dynamics of client relationships and product availability across major brands. This article synthesizes his observations and the community's insights, providing valuable context for collectors navigating today's market.

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Omega I meant.

They have this CK859 and is taking deposits, delivery in about a month.

Congrats to some forum members here who got it, you got a nice watch and I love it. This one has a number 11xx so that means Omega is starting to crank them out.

This Bronze gold is surprising attractive in real.

Hesalite moon watch and great selections.

This trip to Boston/Chicago, I visited various ADs and chat about watches.

Places I visited - Tourneau (Boston), VC, Lange (Chicago), Omega Boutique Chicago.

The sales in Tourneau is friendly and polite, professional about handling Rolex and PP situations when I asked for it. They even got the latest Breitling 41mm Pistachio Navitimer.

There is also a huge Rolex boutique but l don’t want to waste my time going in just to try on some models you cannot get. I’m happy with my Rolex AD and there is no way one can walk in and buy a gift Rolex for that occasion or someone today.

Then I went to VC and Lange…oh my the snobbishness. I asked about the Overseas…

“Oh, we are sold out of the Overseas and they are reserved for our clients who have a purchase history”

I tried this 1921 RG 36mm and it wear quite well but I’m saving my dough for something else, or somewhere.

Just in 2020/21, a VC AD in Vegas is still offering some black dial Overseas dual time and time only versions to me. What a change of fate for the brand.

Lange boutique is expressionless sales not really interested in selling. Not much inventory, 1 GL1 RG and a RG Timezone previous version, 2 Saxonia, and a few ladies Saxonia and 3 Little L1.

Only when I removed my 7234R and you can sensed some small change when I was asked my name.

Overall, Omega is the only brand so far that is still friendly, approachable and available.

I wish them more successful.

About the Omega CK859 Ref. CK859

The Omega CK 859 is a re-edition that draws inspiration from a historical Omega model from 1939, specifically a 30.10 caliber chronometer. This modern interpretation aims to capture the aesthetic and spirit of its vintage predecessor while incorporating contemporary manufacturing techniques and materials. It represents Omega's commitment to revisiting its heritage designs, offering collectors a piece that bridges historical design with modern watchmaking. The reference is notable for its faithful recreation of a specific vintage dial layout and case profile.

The case of the CK 859 is crafted from stainless steel, measuring 39mm in diameter. It houses the Omega Master Chronometer Calibre 8926, a manual-winding movement that offers a power reserve of approximately 72 hours. The watch features a domed sapphire crystal with an anti-reflective treatment on both sides, protecting a silver-colored dial. The movement is visible through a sapphire crystal case back, showcasing its finishing and technical specifications.

This reference appeals to collectors who appreciate vintage-inspired designs and the technical advancements of modern Omega movements. Its limited production run enhances its collectibility, positioning it as a distinct offering within Omega's heritage collection. The CK 859 provides a blend of historical aesthetics and contemporary performance, making it a significant piece for enthusiasts of both vintage and modern Omega timepieces.

Specifications

Caliber: 8926

Case: Stainless Steel

Diameter: 39 mm

Dial: Silver

Water Resist.: 3 bar (30 meters / 100 feet)

Crystal: Domed Sapphire

Key Points from the Discussion

The shift away from Authorized Dealers (ADs) by brands like Lange, AP, and Vacheron Constantin towards boutique-only models has created a more exclusive, and often frustrating, customer experience, even for existing clients.
The Omega CK 859, with its 70-hour power reserve, 316L steel case, and 15,000 gauss anti-magnetic resistance, is an interesting watch, though some collectors find its dial busy and hands less refined than desired.
Some brands, particularly Lange and Vacheron Constantin, may be creating artificial scarcity by claiming models are 'sold out,' when in reality, many pieces are available on the secondary market below retail price.
Developing a strong relationship with an Omega Boutique (OB) is crucial for acquiring highly sought-after Omega pieces, mirroring the relationship-based access required for other high-demand brands.
The current luxury watch market prioritizes purchase history and spending power over genuine passion, making it challenging for even established collectors to access certain pieces without significant additional investment.
The Patek Philippe Ref. 7234R, despite its 37.5mm size being ideal for many, was initially hampered by being marketed as a 'ladies' watch, a perception Patek Philippe has since corrected with the 7234G version.

The Discussion

Chronometer (aka yacomino)

Apr 7, 2022

Thanks for posting these beauties! I love the CK (which I also ordered) but I will admit I secretly like the new Navitimer with its various colors…😎

Clueless_Collector

Apr 7, 2022

You’re welcome…after this I called my OB and asked about the CK859…

They also received one and next is mine, and it will be here this Sat or Mon, woohoo 🎉 👍🏻😊

Chronometer (aka yacomino)

Apr 8, 2022

Funny cause after your post I tried reach the person who took my order a our OB but could not reach him today. Will try again tomorrow! Hope you get yours soon! Seems like a great watch!

Clueless_Collector

Apr 8, 2022

It is a winner imo… I think there’s 2 in the forum so it’s coming along. Call again tomorrow 👌🏻

jp884

Apr 7, 2022

Seems to be the common theme as of late at the boutiques.

When everyone goes to boutique only and ADs are phased out it will get real interesting. That's why I'm building my relationships with the Indies.

Clueless_Collector

Apr 8, 2022

Yes, due to business too good….

Good for you, still one of the earlier adopters with Independents.