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The place for discussing 1930-1985 Heuer wristwatches, chronographs and dash-mounted timepieces. Online since May 2003.
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Re: Some things to consider on the path to decisio

Hi Chuck,

Thanks for the advice ! I am always very carefull when purchasing a new watch, that's why I am ever so gratefull that there are places like this where one can get honest help with authenticating the items.
Untill now I have been fortunate enough to never have experienced the "buyers remorse" you mention. The bidders remorse (as in my bid turned out to be just $10,- to low to get the item) on the other hand is one I know very well!
But I do have a "Stein point" set for this one and should I get it I'll take some decent pictures of it for you to have a glance at if you would. Wish me luck :-)

Mark

: Re: It is odd that there is one of each...
: Posted By: Mark Wille Date: 10/30/05 12:37
: GMT In Response To: It is odd that there is
: one of each... (Chicagoland Chuck Maddox)

: Thanks again for the advice :-)

: I'm tempted to buy this one but I'll have a
: good hard think before I decide.

: Regards, Mark Mark, Do this... (I don't
: know where you've found this example) Do a
: "completed auction" search on eBay
: for Heuer Carrera's. Get a feel for what's
: been offered and the price they closed at.

: Determine your "Stein Point", named
: for a concept that OnTheDash owner Jeff
: Stein came up with when bidding on eBay that
: I've come to call "The Stein
: Point": Jeff says to bid to the
: monetary point where you are indifferent
: about winning or not winning the auction. If
: you win at your maximum bid, you are
: indifferent, if you are outbid at your
: maximum bid, your are indifferent about the
: outcome. That's the Stein point. Next
: determine your "Maddox Point"
: which is the same thing as the Stein point,
: but 6 months after the deal: At what
: monetary point 6 months after the
: transaction (either you purchased or passed
: on the watch) would you likely feel
: indifferent about the purchase/missing of
: this item? Of course by it's nature, the
: Maddox point is a little tricky to
: predict/determine.

: Remember that there is a lot of remorse when
: collecting watches (or uddah T'ings)...
: There is Buyer's remorse, Seller's remorse,
: Bidders remorse (I should have bid that much
: higher!), there is Potential Buyer's remorse
: (I should have bought a Split-Seconds Speedy
: when they were still in production), all
: kinds of watch remorse. Your thoughts now
: should be on how best to minimize any
: remorse you might feel about this
: opportunity in the future.

: It's always a real good idea to examine all
: sides of a move with your collection before
: committing. Devils advocacy and
: Counter-Devil's advocacy is often helpful.
: And one of the last things you should ask
: before committing is "am I going to
: regret not going the other way on this
: one"?

: -- Chuck

:

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:

:

:

: Chuck Maddox

: Chronographs, like most finer things
: in life, only improve with time...
: Watch Article Index :
: http://www.xnet.com/~cmaddox/cm3articles.html
: , Watch Links Page :
: http://www.xnet.com/~cmaddox/watch.html ,
: Watch Blog :
: http://chuckmaddoxwatch.blogspot.com/ .

:

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