Everything goes in cycles.

Just have patience and keep on the lookout. You might get lucky sooner than you think.

Good luck.

 

My question is are resellers actually getting those prices or are they striking deals to move inventory?

Hard to say but they wouldn't be asking those prices if they didn't expect to get close to the asking price.
Gray dealers also buy and trade between themselves at lower-than-market-values so if you see a watch is sold or a sale closed, it doesn't necessarily mean the watch sold for that price. It could just mean another dealer now has the watch.

The one way to know for sure is make an offer to a dealer and see what they say.

 

They've come back down some. At one point they were going for $35k+ on the secondary market. Now, if you look you can find some for about $19k.

 

The market is always changing as are peoples tastes.
Keep your eyes on the sales ads online and you never know what you may find.
Be careful as there are lots of fakes and scammers out there.
Buy the seller and then buy the watch....

 

They've been dropping like a stone for a while. Not sure why? I recall them sniffing $40K during the height of the pandemic. Now may be a good time to buy.

 

I have also been eyeing them. Seems like they have bottomed for awhile around the 19-23 range. The previous snoopy has been slowly moving back up. The first seems to have stalled around 18-20 as well.

My hunch is the new Silver snoopy will still fall a bit more. Obviously, total speculation on my part and they could be 30k again by July 4th.

Really cool watch though. One of the only times i have regretted not being in tight with an AD and playing the games.

 

There was a large batch that made it out recently and that probably lowered the price. Now if they are truly done, I would expect them to slowly climb again.

 

At MSRP, The Omega silver snoopy is hard to get without purchase history. If buying on the pre owned secondary market, all you can do is contact a seller and tell them you are a buyer and make an offer. Your question is are they getting those two times over MSRP prices. I don't know for certain, but there isn't a large amount of these even on the pre owned inventory that I can see on C24. If you look today I see 129 watches listed on C24 for reference 310.32.42.50.02.001. First of all, Even though this watch is still in production, I would not expect the price of this watch to decline much because Omega is making it hard to get the watch at retail, which always adds to the delusion that these are somehow impossible to get so people go and pay double and triple the price because they feel they can not get the watch. Second, is above average interest from the watch community , so I expect the prices to stay up due to interest. Thirdly, when Omega announce they have discontinued production of this watch, the price will likely double from where it is now. If we anticipate the price will likely increase in the future after the watch becomes discontinued, , no secondary market dealer is too likely to give you any discount today. It's like earning interest on an investment, because these dealers will buy these things and wait. The secondary market dealer either sell it today at an inflated price, or later at an even higher price.

 

Thanks so much to all those who have chimed in. I’ll be giving it a little time and we’ll see what happens to the price. This just popped up on my c24 this morning. Auctions always give a better idea to what things are trading at so we’ll see what comes of it.

https://www.christies.com/en/lot/lot-6433782

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