Horology75
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Where are the prices heading ? Watch prices are at insane levels and how is it affecting collectors ...
Apr 06, 2021,15:10 PM
Lately Iam shocked to see the prices of Audemars Piguet Royal Oaks and even certain Patek and Rolex references ..I think to myself and wonder who can afford all this ? AP steel blue dial 41mm selling at 120 percent premiums and with the news of getting an upgraded movement the 15202 st Ultra thin Ap is trading at almost 300 percent premiums .. is it crypto currency ? Or should I just quit what Iam doing as I can’t seem to afford anything anymore . Steel Daytona Panda at crazy levels and green gold Daytona has reached 6 digit club ...uffff !
Iam not worried about the bubble but it’s just that as collector you are tempted to flip and make an exit . Money is too good . This vary fact scares me ...Iam becoming one off Those !
What’s next ? For me I will look at same great values around . See some new Indies like Czapek , Moritz Grossman ... as they seem to be affordable ...as your current collection is becoming too expensive to wear ..
What do you feel ???
Comments:
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I cannot understand the phenomenon at all....
By: Clueless_Collector : April 6th, 2021-15:21
With printing press cranking out billions and trillions from nowhere, this has become a hedge against inflation. I’ve mentioned this before, too much liquidity floating around. A few seconds of silly dancing on social media, kids reviewing toys or influen...
This is a difficult subject for us ...
By: Cpt Scarlet : April 6th, 2021-15:23
Collecting is about much more than price and who sells what for what. On a positive note there are plenty of choices for us and we should be supporting and enjoying the creativity of Independent watchmakers.
Very true
By: Gelato Monster : April 6th, 2021-17:16
Independents
By: Fastwong : April 6th, 2021-16:37
Other than a few hot models and brands, all indications are that the watch industry as a whole isn't that strong. Look away from the hype spotlight and there are some great independent watch makers in the shadows that are doing well in part because what w...
Very astute
By: matto1 : April 6th, 2021-17:11
Many of the independents offer tremendous value at many different price points. I recently got out of a couple of the above mentioned pieces because the prices went absolutely crazy. Using the funds towards a Kari Voutilainen with no regrets!
100%!
By: matto1 : April 6th, 2021-20:31
I cannot understand but also can understand ... confusing?
By: HobbyCentric : April 6th, 2021-17:44
Yes I cannot understand why there are persons willing to pay so much more than the precious metal prices for certain references as opposed to steel versions of the same .... I accept that steel watch may be more practical for daily wear and that the steel...
I was at my favorite shop...
By: kkochheiser : April 6th, 2021-18:26
Not a PP AD but for Lange, etc. and in their pre-owned case they had a beautiful 5170 that they took out to show me, just for fun. Absolute gorgeous with that wonderful movement. I joked about maybe next year for a significant birthday and commented that ...
I am avoiding the big brands...
By: Watches&Men : April 6th, 2021-19:26
I’ve the highest regards for Rolex and AP but their prices have gone crazy. Would go for other Brands, like Breguet and ALS, which provide greater horological value at more reasonable (and non-speculative) prices instead
It’s the historically high stock market coupled with
By: CastorKrieg : April 6th, 2021-21:27
meagre returns in other asset classes. Some people over the last year made absolute bank and simply do not know what to do with the money. A lot of that is also due to watches being perceived as a speculative asset that will always increase in value - you...
Indeed...
By: pfang56 : April 8th, 2021-00:13
There are so many incredible options out there by different brands - I agree that Blancpain, as well as Breguet and Vacheron deserve a close look! Peter
I honestly don’t mind
By: toowoundup : April 9th, 2021-17:45
But that’s because my collecting has always been focused outside of royal oak/nautilus/Rolex. Trust me there’s so much more out there that you can pick up while everyone else is scrounging for steel sports models.