Quote:
Originally Posted by TheWatchmen
I think prices will go back up, but probably for the in-demand models, not so much for TT DateJust models per se.
The reason they will go back up is because there are far more people in the market now, whether due to the internet, or other factors.
I think prices will continue to trend down before going back up however, and I think when they rise again, it will go slowly, more like the way it has been the last 25 years.
But hey, who knows - maybe everything will be sold at a discount again if the economy goes into the crapper…but if that happens, it will eventually rebound and those prices will go up again, as they eventually always have.
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You are absolutely right, there are more people in the market today, the same reason there were more people in the stock market and crypto market over the last 2 years. It was a "safe haven", it was an "investment" and quite frankly worked for a very long time.
The last 25 years there was no craze and "allocating" of all these watches except for the Daytona.
I think were going close to retail (not retail but very marginal premiums) on most sports watches, except for the steel Daytona.
Back to how its always been, and back to a way where it is long term sustainable.