I understand what a lot of you are saying. Regardless to what Lalo said and even Jim said, which he's just repeating what the CEO and his budy was saying, the were insistent that the Reserve pieces would not be discounted.
Now to be completely honest, I always thought that they wouldn't hold to that with all the reserve models. At some point they'd have inventory to move and they'd drop the prices, but I didn't expect them to come out with a dozen variations of the reserve speedway in such short order and then drop the price on the Quartz versions from 500 to 300. Once they came out with the reserve speedy autos it was inevitable.
It's not that Lalo might have lied. It's not that that they've dropped the price on some of the reserve pieces. It's by how much they've dropped it and on all the reserve speedy quartz models that is desturbing. Once or if they sell all their inventory on this offering it is possible that there will be more in the hands of the consumers at the 300 or less price than the ones who bought them for around 500.
Now I didn't buy mine as an investment or to resell. I bought it because I liked it, but...and here's the entire issue for me...I was willing to pay that price because I thought I was getting an exclusive piece that would sell for a lot more from other brands if they offered one of similar function and quality. Well maybe that's the case to some degree, but once they dropped it to 300, it's like, oh, I overpayed by how much?!?! My perception went from great watch, great value to overpriced.
Now it's my own fault for believe Lalo. It's my own fault for having this initial perception. I've gone from looking at my reserve speedy on my wrist and simply smiling everytime I put it on to now feeling not so warm and fuzzy. Before if someone asked me about it, I'd talk the piece up. How can I do that now? I guess if I still believe that no other watch company could produce such a piece at that price, which to some extent might be true, I could still feel some sense of value and pride. The more accurate statement might be that few watch companies could do that.
The market is full of companies that either produce less interesting and cheaper watches or some that produce higher quality but charge a much, much higher price. There are a few in Invicta's level of quality/price, though I'm sure their QC and CS are much better.
Invicta has some of the most inovative designs. They offer many more different designs than most out there. I often praise them on the materials and engineering that goes into their watches. It's some of their buisiness practices, the poor QC in products that go out their doors brand new or repared with flaws both cosmetic and mechanical.
I've yet to jump ship on them, but between this price drop and the continued problems I'm having with my LE Swiss Made Prod Diver, I'm getting awfully close.