The New Citizen 100th Anniversary Special Limited Edition Pocket Watch (NC2990-94A)

The New Citizen 100th Anniversary Special Limited Edition Pocket Watch (NC2990-94A) - STUPID Price

Рет қаралды 18,007

Күн бұрын

Пікірлер: 86

@rayharrison6400 9 ай бұрын

You're on the same planet as all of us collectors, and I'm totally shocked by the pricepoint. It seems to be a common thing with quite a few brands releasing specials.

@PocketWatchTime 9 ай бұрын

Maybe they’ll be ditched in the gray… Or maybe they can be found for a much less expensive price on the secondary market. I’ll keep my eyes open. 👀

@libertarian100 8 ай бұрын

It doesn't surprise me. The Earth is Flat and Globalism is Done. Hyperborea may exist at Magnetic North directly under Polaris. If we stay here we die. We have nothing to lose.

@stephenschroeder6567 9 ай бұрын

I am onboard with you on the thought I will never have one of these, but you don't get it? That Citizen is celebrating their 100th anniversary and have made a celebratory piece and is only making 100 of them? The price they are charging is irrelevant. Do you think the vast majority of the 100 made are even leaving Japan? We won't see these on Amazon (LOL) or any watch-specific web site. These are for the higher ups at Citizen and their close friends (other top Japanese business leaders) and family. These aren't made for *us* - the collectors, the fans, etc. This is just a vanity project and a cool nod to their heritage and history. Plus it serves as a marketing point to get us all interested in their brand. You know that sooner or later someone else will make a homage version of this and we all will get to have our new bright and shiny pocket watch at a (hopefully) reasonable price. Until then, we can always watch their video and hope the president can learn to more convincingly walk in place while pretending to move. LOL 😉

@PocketWatchTime 9 ай бұрын

🤣 Great comments. I agree in hindsight this is a vanity project.

@WatchRestorationCottage 8 ай бұрын

This reminds me of Hamilton's recent re-issue of a limited-edition pocket watch, but the problem is that it didn't quite have the same aesthetic appeal as its older pocket watches. And the price point was also insane, given that it was a standard ETA movement (I believe). I'm with you Patrick - for that price point, I'd rather by 10-15 antique collectible ones!

@PocketWatchTime 8 ай бұрын

I found one of those Hamilton‘s you mentioned going for dirt cheap… I put in a low bid in the high 300s and was barely beat at just $400. It went from $1200-$1500 (I don’t really remember what the full price was) to $400. What a markdown.

@8zzzzzd79 9 ай бұрын

With that price I'd buy two lavishly decorated engraved case, enamel caseback, pearl set, quarter repeater with automaton 18th century fusee pocket watch and probably still have some spare

@PocketWatchTime 9 ай бұрын

🤣😂 Comment of the day. So true. 👍🏼

@watchdogpodcast239 9 ай бұрын

I think it's beautiful. Too rich for my blood, but high end Citizen is thought of differently in Japan than it is here. I'd guess most will be sold there and I don't think they'll have a problem moving 100 of them. We shall see

@PocketWatchTime 9 ай бұрын

You’re probably right. Citizen execs will definitely want one in their collection. I don’t think they’ll have a problem selling them… The sad news is I don’t think any normal collector will be purchasing them.

@cosmic-fortytwo 3 ай бұрын

I actually wrote to Citizen and told them their price is outrageous. It is the worst possible marketing to make a product that your fans love and then basically say "you can't have it" with an outrageous price.

@PocketWatchTime 3 ай бұрын

Well done. The only way brands will know they’ve gone too far is if we let them know.

@arts.4014 9 ай бұрын

Not a money grab. The noise about the foolishness of cost is bringing them attention. The fact that we're discussing whether we should buy this or a Patek means they've achieved the goal. It was never about the money, it was about the hype. Otherwise, I agree, its a very nice few hundred dollar watch.

@PocketWatchTime 9 ай бұрын

I think they could justify $1500-$2000. That would be an expensive but reasonable enough price. $2500 might be pushing it… $9K obviously is just absurd.

@arts.4014 9 ай бұрын

@@PocketWatchTime Yes, but $2K wouldn't have much controversy. Nice watch... done. The $9K made you and others talk about it much more than a 100 watch run of pretty nice watches deserves - mission accomplished.

@PocketWatchTime 9 ай бұрын

@arts.4014 I get it. Hype can sell. Works for Rolex.

@AbdulRWatches 9 ай бұрын

wow I think the Citizen pricing executives have smoking something lately. Thanks buddy for the video.

@PocketWatchTime 9 ай бұрын

I tagged them in the video… maybe they have time to reconsider pricing. 🤔

@charlesteoh7475 9 ай бұрын

Totally agreed with you. I thought it was $900 when I saw the price initially. LOL

@PocketWatchTime 9 ай бұрын

Haha. 🤣 For $900 I’d probably buy a couple of them. I’d love the price to be that reasonable… But, $9K is absurd.

@OZerOro 9 ай бұрын

As long as an ordinary timepiece, from a now fashionable brand, starts from 10,000 $ straight off the shelf, how can you say that a totally special model, in limited edition and specially designed, is expensive at the same cost ? Just because it says Citizen on the dial, instead of something else? But, "The grapes are sour" when you can't reach them!

@PocketWatchTime 9 ай бұрын

Watch my previous video on expensive watches. No hypocrisy here. I call out all the big brands for being way too expensive as well. I understand limited additions too. That’s mostly what I collect. I own the platinum first edition Credor Spring Drive (only 100 made)… It cost far less than $10k. This pocket watch’s price is just not in the stratosphere of normal pricing for a pocket watch.

@r100curtaincall 9 ай бұрын

Other than taking into account how highly regarded citizen is in Japan, especially when comparing the watch to other watches the pricing indeed seems insane. But I do think from a production standpoint the fact that they’re making so few of them heavily leans into the cost. It’s very expensive to develop a new movement and when you’re going to be producing only 100 of them, economies of scale doesn't really help much. The other problem with a watch like this that’s limited to only 100 pieces, is that servicing becomes a nightmare. If you ever need parts, you’re pretty much up the creek. This sounds like a money grab that’s aimed at a very exclusive small number of people, to which money is no object. I would definitely want one, but there’s no way I’m paying $9000 for one. It just makes no sense.

@PocketWatchTime 9 ай бұрын

That’s what’s so sad… I do really want one. I respect the brand and I definitely respect the watch. Too bad I can’t respect the price.

@Z-S-H 8 ай бұрын

100% agree with you that the watch is awesome but the limited availability (100 pieces who is that for citizen executives only club?) plus the price makes this stupid. I have no problem with limited edition but make it 500-1000 and price it decently for gods sake.

@PocketWatchTime 8 ай бұрын

1000 units at $2500 (still a high price) would be perfect option.

@samnova450 4 ай бұрын

Yeah one of my pet peeves is with limited edition watch releases. This causes some people to rush out buy it, then flip it on eBay. I was assuming the watch would be around $1500-$2500. But didn’t know they were going to make only 100 pocket watches. Like you say, there are older pocket watches at much cheaper price. I’m a fan of Trains and pocket watches, can buy a Ball pocket watch around $600. At $9000 I would get a luxury watch for my wrist… after I win the lottery. 😊

@PocketWatchTime 4 ай бұрын

Exactly. I’m all for luxury watches having luxury prices… But there’s a limit to what luxury should cost.

@maruataro9960 4 ай бұрын

Hi! I learned your channel through sanjays channel. I don't know much about pocket watches, but your example of minute repeater pocket watches was shocking! I've been a fan of citizen and when they introduced the 0200 with free sprung balance and attention to accuracy, unlike the GS free sprung high beet, I was actually feeling they umderpriced the watch. The 0210 with date increased the price to 8,000 usd, and I still felt the price was far lower than fair. I did see all youtubers criticizing the price for a citizen, but learning about the alloys used for the mainspring, and alsothe balance spring, and just how precisely each watch is made, it to me is well worth it. The bracelet by the way is so well made, it kinda gives you all that you would have hoped what high end watches lacked, elegance with solidity. With all that said, I did turn down this pocket watch for the price. Not because I thought it was ovepriced, but in hope that they release this movement in a wrist watch. By the way, La-joux Perret only made the base plates for the 0200 and 0210. All the gears and such were made by citizen.

@PocketWatchTime 4 ай бұрын

Hi there. I remember the days of Sanjay’s stream. I was unpopular… They booted me out. 🤣 As for pricing… I think all luxury watches are way overpriced. So, I’m not knocking Citizen for pushing up market and pricing their watches in that stratosphere. I’m just knocking the relative cost of this pocket watch toward far more luxurious pocket watches. Pocket watches really are a niche category where you can buy so much watch for considerably less money than a wristwatch. I’ve got my eye on a seriously cool Citizen with the 0200 movement. Maybe I’ll find it for the price I like and I’ll snatch it up. I do love the Citizen brand.

@maruataro9960 4 ай бұрын

@@PocketWatchTime Hey thank you for your reply! Thanks to you I was able to get a Skydweller. Anyways, I understand your point, and a good one at that. But I feel citizen had no choice if they were to launch this watch, either at this price, or beg to La-joux Perret to listen to them and make more base plates, or quit high tier mechanical movements entirely.

@PocketWatchTime 4 ай бұрын

@maruataro9960 Congrats on the SkyDweller. Great complication. That’s blame I will gladly accept. 😁

@wagsbass 3 ай бұрын

Be honest watch people, if the dial said Patek, and cost $900,000 you would probably be ready to sell your children and your own kidney to get one.

@PocketWatchTime 3 ай бұрын

Not true - you can already buy a similar watch from Patek for 10k or less (with a solid gold case).

@SaifBinAdhed 3 ай бұрын

hahahhahhahha very true

@speedmaster001 9 ай бұрын

If it is $9k, I’d get myself a Grand Seiko instead.

@PocketWatchTime 9 ай бұрын

💯 Or, you could buy a Citizen caliber 200 watch (which is a beautiful watch) and a Grand Seiko for that price.

@SLO4SpeedBump 27 күн бұрын

At that price it's not a "Citiizens" watch. It's a "wealthy" persons watch and only wealthy people will be able to enjoy that watch. Maybe it's time to "Boycott" Citizen watch company for discriminating against "Poor Citizens". I'd love to have a Citizen Pocket watch to sit next to the four Walthams I have in my safe. Those watches were all under $900.00, have a original gold case, run perfict, and are over a hundred years old. With that price I won't even dream of them. !!!

@PocketWatchTime 27 күн бұрын

@@SLO4SpeedBump Exactly. I love the citizen brand… I love tons of citizen watches. But, at almost $10,000 for a titanium watch that’s just absurd to me. So many other options at that price.

@devicentemingo 8 ай бұрын

You are right.

@PocketWatchTime 8 ай бұрын

👍🏼

@mokgable 9 ай бұрын

I agree!

@PocketWatchTime 9 ай бұрын

Haven’t had any votes for “fair price”. Let’s see what happens. ⏰

@Srulio 9 ай бұрын

You're right. It's a very good pocket watch and the price is aimed to gouge the collector demographic. I doubt Citizen will relent and release a lesser version until they are convinced they are soaked up the available spare cash. Which is sad but if you blink first they will win their marketing wager.

@PocketWatchTime 9 ай бұрын

True. I do hope they make a lesser version… But I hope it has some extra special touches.

@Srulio 9 ай бұрын

@@PocketWatchTime I would like see pocket watches regain credibility and expect solid functionality to be best path

@PocketWatchTime 9 ай бұрын

Shock protection and water resistance would be high on my list. That would make a pocket watch more of an every day item. I’m a sucker for an open face and an exhibition case back. 😁

@Srulio 8 ай бұрын

@@PocketWatchTime Shock absorbers in watches is taken for granted but must have rare in the real age of the pocketwatch.

@robbied4766 8 ай бұрын

I was so excited to see this and was ready to buy- then saw the release and the price. Whee.

@PocketWatchTime 8 ай бұрын

Exactly. Excitement turned into massive disappointment.

@rickl7604 3 ай бұрын

Some sites have this priced at $12K.

@PocketWatchTime 3 ай бұрын

That’s even MORE crazy 🤪

@edwardteach3080 2 ай бұрын

Price point and limited edition are just marketing tools. It’s getting people talking about it.

@PocketWatchTime 2 ай бұрын

@@edwardteach3080 True. It worked.

@annekedebruyn7797 5 ай бұрын

Was sad how limited it was going to be. It looks really cool and I would have loved to wear it with my suit. But that's just not going to be worth it to me.

@PocketWatchTime 5 ай бұрын

@@annekedebruyn7797 Exactly. It’s a gorgeous watch. But, just a crazy price and too limited for normal people to afford and own.

@blueringoctopuss 9 ай бұрын

100 watches and $9000. That’s worse than the half hearted release by Hamilton of 917 watches for $1200. At the time you could get a Tissot with the same movement skeletonized , in exhibition case for a little less.

@PocketWatchTime 9 ай бұрын

So funny you mentioned it… I just bid on one of those Hamilton watch recreations in a Japan auction. I put in a low bid and the winner was actually just one bit above mine - Sold for $420. I guess the resale market for these types of watches isn’t very high.

@blueringoctopuss 8 ай бұрын

@@PocketWatchTime A $500-600 msrp is fair for that watch when it was new. That’s what a Tissot sold for then. Now the base Lepine model is $800. Thanks to this wonderful inflation we are enjoying. The Swiss Hamilton should have done better than what they offered. Same with Ball. Especially with what they do with the wrist watches. Citizen could and should do better as well. The watches are a show piece of the precision, and capability of the machines Citizen makes. I guess it doesn’t really matter too much to me. All I collect is the American made watches. I wear the new watches to death. Like I said before looking the Apple pocket watch it is what I think I’ll be going with from now on, even though I guess some of the new tech is lost with the pocket watch case. It allows me to get rid of the big iPhone from my pocket while working. I also lost out on an auction recently. 1884 Riverside minute repeater. I just couldn’t spend the money at the time.

@tods.9947 8 ай бұрын

I can’t comment on your mental state, but it is an extravagant price if the price is correct. But I kinda see what Citizen is trying to do - make a super-exclusive watch to elevate the brand. I guess that we will see if Citizen’s gamble is correct. I wonder if they will sell them all.

@PocketWatchTime 8 ай бұрын

You’re right. It’s just a super exclusive prestige piece. Sadly, the Citizen executive board will probably buy them all up and us real collectors won’t be able to get our hands on them. Fingers crossed for low prices on the secondary market in 10 or 15 years.

@harveytan7506 5 ай бұрын

Hope Citizen creates a democratized pocket watch.

@PocketWatchTime 5 ай бұрын

I actually just picked up my first citizen pocket watch on an auction. Incredible watch for an absolutely incredible price. Video coming soon. But it goes to show… $10,000 for a pocket watch or less than $100 for pocket watch. Citizen is out of their mind with their current pricing.

@harveytan7506 5 ай бұрын

@@PocketWatchTime I agree. Exhorbitant pricing turns off people who are not made of money. Looking forward to that video. Thanks.

@HHPS419 9 ай бұрын

Need an economist for some insight here. No clue why they came to that number, but I hope there is a valid reason for it (isn't the average 4-8x fabrication cost?). Dial does look like the 'washi' paper, but I think it is electroplated.

@PocketWatchTime 9 ай бұрын

I’m definitely not an economist. 😁 But, the price just doesn’t seem right to me. I agree - I saw one angle of the dial around the seconds register and it didn’t look like washi paper. It almost looked like glass enamel. I’m not sure how they applied that texture. Interesting.

@arun2995 7 ай бұрын

Although I gave you a thumbs up for your video I disagree with you on price point. I thought this watch is easily worth $12 thousand and although American or European would never pay that amount for a Citizen in Japan this a an heirloom/holy grail piece of their history. And the Japanese loves, horror and revere their craftsmanship. I have been to Japan twice and both time I bought a Grand Seiko and love it so. For my 45 bday I bought a Rolex Datejust and have to admit I prefer wearing the Grand Seiko even though the Rolex gets more attention. I have had many compliment on the Grand Seiko but people always asked what brand is my watch and I always rely Its only a Seiko.

@PocketWatchTime 7 ай бұрын

I understand. I’m a huge Japanese watch aficionado too. I own several Credors, a couple Grand Seiko’s, tons of regular Seikos, and even a Royal Orient… I really do need to add a Citizen. Thanks for the thumbs up. 👍🏼 It’s nice when people can debate a subject and not take it personally. I’ll keep my eye on that Citizen pocket watch… If the prices dip on the secondary market I very well might pick it up.

@grahamliggat7193 9 ай бұрын

And the bow is hideous! It’s priced as a small volume limited edition collectible. They will sell them all easily but …

@PocketWatchTime 9 ай бұрын

I like the bow. 😁 I saw a vintage Omega with a huge “Omega shaped” bow… so ugly but I loved it. I agree - they will sell. Probably the entire Citizen exec panel will buy them up.