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F.P. Journe Goes Boutique Only in the United States | Market Wrap

Mike Manjos is back in Philly (as usual) and has some major news concerning F.P. Journe and authorized dealers. Before we turn our attention to that, Manjos kicks off this week's episode of Market Wrap with our Stand Outs. Placing an emphasis on noteworthy dials, this week’s list includes the Laurent Ferrier Galet Traveler with an absolutely stunning enamel world dial, the famed “John Mayer” Rolex Daytona in gold with a green dial, and a Breguet Minute Repeater with a beautifully finished dial. This week’s main story, of course, is F.P. Journe. In one year’s time, the independent powerhouse will discontinue allotments of their watches to authorized dealers in the U.S. and switch to a boutique-only model. To break it down, Manjos brings in F.P. Journe expert and fellow WatchBox employee, George Mayer, to talk about the likely ripple effects throughout the industry. During this special edition of The Pulse, Manjos and Mayer discuss what influence this move may (or may not) have on other brands, how it will tighten the supply, and the inevitable price changes. Lastly, we debut our newest segment, “Manjos’ Value Plays” where Mike highlights tremendous value across the pre-owned market. Check out the A. Lange & Söhne Lange 1 Tourbillon Perpetual Calendar, the Patek Philippe Grand Complications Minute Repeater Ref. 5078P, and the Girard-Perregaux Constant Escapement L.M. -- all amazing pieces that fly under the radar. Thanks for tuning in and don't forget to like, comment, share, and subscribe! Watch SKUs: Laurent Ferrier Galet Traveler - 4452470 Rolex Daytona - 4452355 Breguet Minute Repeater - 4452934 Patek Philippe Minute Repeater; Ref. 5078P - 4381638 Girard-Perregaux Constant Escapement - 4285375 A. Lange & Sohne Lange 1 - 4274353 ----- Contact one of our client advisors [marketwrap@thewatchbox.com] to talk about the process of selling or trading your watch with WatchBox. Join us every Monday at 4pm EST on Clubhouse as we keep this conversation going! Check out OUR HOUSE, the new WatchBox newsletter: https://bit.ly/WatchBoxOurHouse_03 Please Subscribe: https://www.youtube.com/c/WatchBoxStudios/?sub_confirmation=1 View hundreds of hands-on luxury watch reviews at our WatchBox Reviews channel: https://www.youtube.com/c/WatchBoxReviews/?sub_confirmation=1 Instagram: https://www.instagram.com/watchbox BUY WATCHES HERE: https://www.thewatchbox.com 00:00 Introduction 00:32 Breguet Minute Repeater 00:56 Laurent Ferrier Galet Traveller 01:17 Rolex Daytona 01:39 F.P. Journe News 02:22 The Pulse 09:07 Manjos' Value Plays