cazalea[Seiko Moderator]
17108
Having been in the GS world as long as anyone in the USA
Jan 16, 2019,07:32 AM
(I think), the market is higher now due to visibility.
We don't generally encourage talk of the financial aspects of collecting because it's a black hole of opinion and not what this site is about. But I will give your quesiton a quick response.
My first GS arrived in 2004, according to my photo database. Since then I've had 22 highest-level Seikos, including GS, Credor & Galante -- 5 Spring Drives, 5 automatics, 6 manual wind, 6 quartz.
I've sold 5 of them. Without much trouble, and without losing much. But I have bought almost all of them used, because you couldn't buy new in the US until just a few years ago.
People are asking for more for used watches -- whether the watches are selling at the higher prices being asked? That I can't answer.
It has been possible to find new models (as long as they are not limited ones) for let's say 20-25% off. I've never heard of a lower price than that. But there was a reshuffle of dealers last year, and there might have been some deals.
Of course, if the average GS is $5-6k, when you buy and flip your loss is as much sales tax (or duty) as it is depreciation.
IF you intend to get into the Gold models at $20k or the Eichi range of $50k then that's a different matter.
Cazalea