WatchProSite|Market|Digest
WatchProSite|Market|Digest

Patek Philippe

Its impossible to tell the truth

 

and I've been collecting for such a short period of time that I don't know what the market was like before it went crazy in the late 2000's but I think this economic down turn has been great for watch collectors in General. The majority of the side line dealers that would just flip a watch have been fished out. Its become to risky for them. The grey market guys are now selling many of the sought after pieces at decent discounts and AD's are back to treating customers like they are important and not like they are doing them a favor by selling them a desirable watch. I don't even pretend to know what will happen in the future but I do know a ton of the piece I have always liked have become more available at price points that let more people in and thats got to be good for the collecting world.

  login to reply
2 Comments view entire thread 

Questions about collecting and market trends.

 
By: whit : February 15th, 2010-11:45
I read the two posts which were locked regarding collectible pieces and I thought I would give some of my observations on a very touchy subject. I hope that this will be considered an acceptable post. I have had the opportunity to see Patek and their leve... 

Its impossible to tell the truth

 
By: tourbillon001 : February 15th, 2010-15:35
and I've been collecting for such a short period of time that I don't know what the market was like before it went crazy in the late 2000's but I think this economic down turn has been great for watch collectors in General. The majority of the side line d... 

I will avoid....

 
By: MiniCooper : February 17th, 2010-09:47
discussing prices..... but.... ADs should always treat their customers right, especially in todays market. teat them right, and they will return.... At the end of the day... it is the collectors that dictate the market.... Watch companies have to follow t...