Will vintage Rolex hype stop?

[themaninblack]

Originally Posted by roh123

From my point of view many of the old school guys who grew up with the watches are the rare ones exiting now. Many times for obvious reasons but that has either already happened or is happening now. When I meet collectors or dealers nowdays it is obvious they are much youger than you think. It is really not the people that grew up dreaming about a Rolex but is rather the people who collect beautiful things. I'd say many are born in the 80's and 90's and they are quickly building great collections. It is not people turning 50 or 60 finally treating themselves with a dream watch. I'm sure you have those too but you do have a lot of new, young collectors gaining interest in vintage. Buying a great vintage watch is so much more interesting than stepping into a store to buy a new watch with no charm.

I don't see smart watches as a threat when it comes to luxury watches. Smart watches is rather competing with our smart phones. People aren't buying watches for time-keeping; they buy them as beautiful and interesting accessories. I don't know about you but I often catch myself checking the time on my phone rather than on my wrist. Still I enjoy my watch way more than my iphone.

Agree. I regularly have younger guys in their 20's and 30's spot a vintage piece on my wrist and they want to talk enthusiastically about it, they know what they are looking at and are either collecting or aspiring to. Older guys, rarely. They're too jaded by life!