Quote:
Originally Posted by Watch Expert
My advise is if you like a time piece be patient; wait for a few months. Things will be different in 2-3 months.
You can buy things that you like, at AD pay retail new or buy used and get some discount.
This watch hype , used price over retail (current model still in production like hundreds each month ) is not sustainable; you need continuous supply multiple of morons with thick pockets which I don’t think there is any now.
Do not buy at grey dealers and pay huge crazy premium you will be badly burnt.
For example if the AD sells a time piece new at $30,000 ; the used market logically should be $25,000 or less. If the used market is $50,000 then you can smell fish. Why the AD don’t produce more and let grey dealers pocket $20,000. The AD need to pay rents wages etc ; why AD let grey dealers earn $20,000? Why not AD produce more and have higher sales volume? To create hype as you want something you can’t get. Well that may be true for a while; it may be true for certain rare model has been discontinued ( watch maker are dead) like Patek 2499 or Rolex Daytona Paul Newman; but not for time piece that are still in artificially limited production (the watch maker still alive) and it won’t go forever. You will be badly burnt.
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"Multiple morons." Brilliant. Fear not. My target is this year. If it happens great; if it doesn't, well there's nothing I can do and I'll keep in the hunt for 2021. I'm in no rush. I was just curious as to whether TRFers thought there was any bubble differences.