pfang56
1817
I hope this eventually will calm down once people can shift disposable income back into traditional areas of investment...
Apr 07, 2021,04:34 AM
This year, I had to cancel two family trips - take into account international airfare, lodging, and food - essentially I have excess disposable income which is making me have the urge to fulfil some kind of sensory equivalent of a family trip. Watches always seem to do the trick
But I do think this world of demand exceeding supply will always be around for some truly special and exclusive pieces. And, one really interesting observation is that I am looking at older AP models whilst in parallel considering new models. The retail on some of the newer models even surpass "equivalents" of yesteryear, so I think there are some incredible pieces to consider in the older collections. For instance, an AP EOD in excellent condition is about the same as a new AP Offshore encased in steel - if you ask me I think some
Vintage will become more interesting in the near future.
For now, I am holding onto my PP and AP watches, mostly those where I have purchased directly from the boutique. I've realised how precious it is to have a unique, hard to find watch with your pedigree on it - and have wholeheartedly regretted selling a few watches with my name on the card. YMMV of course
Cheers
Peter
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.