Unique piece Roger Smith at the British Watchmakers Show...

So people can place a secret sealed bid for a unique piece Roger Smith at the show. The reserve is £325k.

Who thinks this is a good opportunity? What does everyone think of Roger Smith?

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I have no interest whatsoever in paying a premium of any sort for hand made products. So Roger Smith isn't really my jam...

With that in mind, he is looking to get something in the neighborhood of 500,000€ for this watch. There isn't a watch in this world worth that amount and there never will be, not even if the indices and bevels were painstakingly polished by the King of England.

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UnsignedCrown

I have no interest whatsoever in paying a premium of any sort for hand made products. So Roger Smith isn't really my jam...

With that in mind, he is looking to get something in the neighborhood of 500,000€ for this watch. There isn't a watch in this world worth that amount and there never will be, not even if the indices and bevels were painstakingly polished by the King of England.

Well said my friend

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Good opportunity? Define what type of opportunity?

Seeing the waitlist people endure to get one of his watches, getting one at auction is one of the few ways to jump the line, assuming it is to your liking. So yes, good timing opportunity. Investment wise? Hard to say when at this level. The market on the highest end watches is all over the place. I wouldn’t do so with my money, but I don’t fault anyone that has that level of expendable cash.

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Well if I was fabulously wealthy I'd buy it in a heartbeat.

But I'm not, so I won't.

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AllTheWatches

Good opportunity? Define what type of opportunity?

Seeing the waitlist people endure to get one of his watches, getting one at auction is one of the few ways to jump the line, assuming it is to your liking. So yes, good timing opportunity. Investment wise? Hard to say when at this level. The market on the highest end watches is all over the place. I wouldn’t do so with my money, but I don’t fault anyone that has that level of expendable cash.

He closed the waitlist in 2021, so (supposedly) no one can order one. That's why this is an opportunity to get one fairly soon.

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So as a layman if I saw a Roger Smith watch in the metal would I be able to appreciate the artistry, finishing and skill? Or is this more like a £20,000 bottle of wine, where a mortal would be unable to appreciate the differences?

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hamishfrob

He closed the waitlist in 2021, so (supposedly) no one can order one. That's why this is an opportunity to get one fairly soon.

That is what I assumed, like many unobtainable goods, even having the chance to buy it is worth the premium.

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Orions

So as a layman if I saw a Roger Smith watch in the metal would I be able to appreciate the artistry, finishing and skill? Or is this more like a £20,000 bottle of wine, where a mortal would be unable to appreciate the differences?

Let’s try it this way; if you hand an average person a GO watch, say $10k in value, I am willing to bet the average answer when asked, “What does this cost?”would be in the hundreds of dolllars range. Id wager even Rolex would likely get similar responses, based on some vids I’ve seen.

Even in the hallowed halls of WC, even amongst some enthusiasts there is a lack of appreciation for higher end pieces. Now, without a lesson, would anyone know they are looking at an entirely in house watch with most parts being machined precious metals that are all one of ones? And would anyone appreciate that? That comes down to personal views. People spend millions on one of one art pieces, his watches are no different, but for many, they are fine buying a poster in a really nice frame at HomeGoods, or a machine made Seiko. There isn’t a wrong answer, but I think we can appreciate that it exists, even if beyond our means.

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Absolutely stunning. One of the only people or perhaps the only person who can take raw materials in one door and makes everything apart from the hair spring and the crystal. All proceeds from the sale are going towards the alliance and to support British watch and clock makers. His last series 1 sold in October 2022 for £660k. The waiting lists were closed 2 years ago so this isn’t a premium for jumping the queue, this is the only way you can buy a watch currently. Roger is a very cool and humble person, there is a great interview with him on the Scottish Watch podcast, for anyone interested. Personally I would not be surprised if it sells for closer to £1million. Pocket watch number 2 which was the watch he showed to George Daniel’s the second time he met him at his workshops sold at auction for $4.9million. It a very historic piece. The watch makers apprentice is on Prime and shows Roger in a fantastic light. He has taken George’s coaxial escapement and refined it and is currently working on nano technology with Manchester University at ways of limiting or removing lubricants from the escapement. If I had the cash I would buy in a flash. I am currently in his files to join the list if he ever opens it again.

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AllTheWatches

Let’s try it this way; if you hand an average person a GO watch, say $10k in value, I am willing to bet the average answer when asked, “What does this cost?”would be in the hundreds of dolllars range. Id wager even Rolex would likely get similar responses, based on some vids I’ve seen.

Even in the hallowed halls of WC, even amongst some enthusiasts there is a lack of appreciation for higher end pieces. Now, without a lesson, would anyone know they are looking at an entirely in house watch with most parts being machined precious metals that are all one of ones? And would anyone appreciate that? That comes down to personal views. People spend millions on one of one art pieces, his watches are no different, but for many, they are fine buying a poster in a really nice frame at HomeGoods, or a machine made Seiko. There isn’t a wrong answer, but I think we can appreciate that it exists, even if beyond our means.

Yeah... but appreciation for the craft isn't really the point here. There was more manual labour involved I'm creating fine pocket watches during the 19th century, after all they didn'thave CNC and R Smith uses them according to his own statement. I can buy an entirely handcrafted minute repeater for barely more than scrap metal (under 10000€ and those suckers are big). Where are all those "connoisseurs"? This is about brand prestige, the Daniels and Smith names sre well known and hyped up to a decent degree, and having what others don't.

There is little attention to detail with many collectors. I think there was a video by, I believe, WatchBox (I can try to dig it out) that shows a high end collection of independents with a dodgy Metalem (I think) dial on a Dufour simplicity. C'mon man, don't tell me that dude appreciates the "craft" 😉