collection sell off

[travisb]

With that approach I wouldn't find any enjoyment in this hobby.

[ronricks]

I buy what I like. I’ve made money and lost money on some pieces. It’s just a fun hobby for me I have my investment accounts for actual investing. That being said I think we are heading back to 2019 prices soon.

[Hollie_Rollie]

Downturn? I thought we’re suppose to be in a holiday boom right now?


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[Marcjvr]

Originally Posted by mph476

With the watch market downturn has anyone considered unloading pieces that don't get too much wrist time and getting out before taking a loss? I'm feeling conflicted because I do like knowing I have them but don't really have an interest in wearing them.

[1William]

It is all about the details of what the OP owns and what he paid for them.

[fishingbear]

Originally Posted by Tools

Collecting watches shouldn't be an investment strategy, it's a hobby or pastime. If you are expecting your investment to always keep up with inflation or better yet, take off with sky-high returns, you should be looking at a different investment vehicle.

Sell 'em if you no longer have the enthusiasm, let somebody else enjoy them, buy some stocks.

Originally Posted by brandrea

I’ve never looked at it through that lense.

The hobby is alot of fun.

If I added in whether or not I should sell due to prices, it would destroy the enjoyment (for me)

Originally Posted by Fleetlord

Nah...I think you shall find that most members of this forum have no concern of "taking a loss" on a wristwatch. The amount of money at stake is relatively insignificant...etc

This. This. And this.

[Nova1]

Originally Posted by pessoa00

Why you singled out the AP 15202?

Strictly personal opinion but the 15202 is still selling almost double its grey market value from 6 years ago. It’s a watch that was in production for over 20 years and the 16202 exists, an aesthetically identical watch with a more reliable movement and better conveniences. The 16202 will satisfy the market and the popularity and desire is likely to continue reducing as trends change. I would be very surprised if the 15202 was trading above $45k by 2026.

[Nova1]

Originally Posted by Fleetlord

Nah...I think you shall find that most members of this forum have no concern of "taking a loss" on a wristwatch. The amount of money at stake is relatively insignificant...etc

This is how I feel.

[kritameth]

Day-trading Rolex's now are we?