Jay (Eire)
9303
I’ve been watching a LE Lange for several months now.
Apr 02, 2020,05:34 AM
Asking prices have dropped by 10-15% at several dealers BUT I would say those prices (asks) are still above collector to collector asking prices for the same watch.
I’m not sure I would pull the trigger though; far too much uncertainty right now. The world is falling apart.
Comments:
view entire thread
Yes, I am
By: Daandeluxe : April 2nd, 2020-00:17
Still looking for a Vacheron Constantin 1921 in platinum 🔥
I agree
By: Jurry : April 2nd, 2020-14:32
It’s such a unique watch.
Haha. I sold the Dato to fund the Centigraphe.
By: Jay (Eire) : April 2nd, 2020-05:46
The Dato was (is) a fantastic watch, and I enjoyed owning it. It was easy to let go simply because it’s easily replaceable, and so if the decision was one I really regretted I could reverse it. I am lusting for another Lange though, but I’m not sure any w...
I believe
By: sham1 : April 2nd, 2020-05:07
the watch industry will have to play catch up once the factories re open or risk a big hit to their revenues which will definitely take a dive in 2020.
Ha! Ha!
By: sham1 : April 2nd, 2020-06:42
Gordon, first Patek need to release the watch in 2021 or 2022. Then I need to apply for one and hopefully get allocated a piece. So if you are waiting for a wrist shot, we are talking 2023 or 2024 my friend
Well, whenever they do decide to release it,
By: sham1 : April 2nd, 2020-08:40
I will be ready but normally there is a two to three year gap between each metal and 2021 or 2022 will be 2 or 3 years from 2019 when the J was released, Yes, time does fly!
It depends
By: Weems@8 : April 2nd, 2020-02:32
I planed everything, so it depends what i shall do. It can be i do not buy when the price drops, and buy in a time the prices are back at the normal level.
Okay. Thank you.
By: ChristianDK : April 2nd, 2020-03:07
Still an insane price though.
Agree
By: Lankysudanese : April 2nd, 2020-03:08
.
I'm surprised to hear this
By: WH_ : April 2nd, 2020-05:20
I understand "partly" if the pre-owned market price decelerates, mainly due to owners liquidating for cash to pay immediate expenses or invest, although such owners are usually cash heavy and don't usually need to liquidate too much. But ADs dropping pric...
I’ve been watching a LE Lange for several months now.
By: Jay (Eire) : April 2nd, 2020-05:34
Asking prices have dropped by 10-15% at several dealers BUT I would say those prices (asks) are still above collector to collector asking prices for the same watch. I’m not sure I would pull the trigger though; far too much uncertainty right now. The worl...
I do not see prices dropping anywhere.
By: watch-er : April 2nd, 2020-06:41
I guess the steel stuff is not longer going up bonkers but otherwise business as usual. Resale on strap watches has been soft for quite some time.
Prices will drop. And a lot. Give it time.
By: vitalsigns : April 2nd, 2020-10:54
Prices are sticky, but they are still set on the margin. The marginal buyer has seen his financial assets decline by more than 20% (much more in many cases). And worse, some will be out of work. I don't see a scenario where prices don't drop significantly...
Only tells part of the story.
By: vitalsigns : April 2nd, 2020-14:15
How much are sales off? I'd guess sales are off a lot. Sales fall first, then prices. Not being argumentative. This is just my sense of how this is all going to shake out.