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Michael Friedberg Wrote:To my thinking it's the other way around: lume and slightly different case engineering don't cost $1000. Santoni straps, on the other hand, cost just under $500.The problem is that many buyers --and some reviewers-- don't really fully appreciate nor understand movements. They like 3714s, which is a nice watch, regardless of the movement. From a craft and engineering perspective the in-house chrono movement is worth double, and not just that it's in-house. Some just like "cool" looking watches, and they're missing a lot.
You come from nothing, you go back to nothing. What have you lost? Nothing!
Last edited: 8 July, 2013 - 15:13
regulateur Wrote:But when we are talking about prices and comparisons, the discussion is somehow awkward or even tends to be hilarious, as we are talking about luxury watches where the real costs for production are only a minor part of the consideration, when setting the price. Georges Kern nicely described that in the video that was linked here some time ago.... It is my personal assumption that the assessment in this case will be proven wrong, which is for us collectors not a bad thing: It would not the first time that a luxury brand, including IWC, would make corrections to the price at a later stage.
Time is a river without banks. Marc Chagal
Last edited: 6 January, 2015 - 20:58
Michael Friedberg Wrote:Hi Donald,Interesting points. I woudl never deny the "tractor-like" qualities of the ETA 2892 movement, or even 2824s (which IWC doesn't use).However, I think the article's author made a typical amateur's mistake of looking at accuracy rather than precision. Because that also is so common here in "evaluating" movements, I would commend this excellent recent article by Jack Forster explaining the difference click here.