Opinion On Vintage Market Pricing Trend

[bluemartinifan]

Hi All - I closely studied vintage pricing for 5513s, 16750s and older 16710s for the prior 3 months - here and on a few other well known forums.
I focused on mid market pieces ($6k and below), as I was doing comp homework for a few vintage watches I planned to put up for sale.

During this short time period I noted a softening of asking prices for these references in this price range.
Anyone else studying vintage market pricing?
Thoughts?
Thanks
Russ

[FlyPenFly]

Prices are soft in the whole watch market right now. Even panerai relative to before the recession.

Only prices I've seen go up a lot seems to be Omega Planet Ocean from two years ago and the IWC Portuguese chrono. The LV sub is also up 1.5k, I remember seeing them for sale around the 3.8-4k mark.

[TheChimp]

Seems like vintage Tudors have moved up in price... Or at the least stayed stronger than other vintage watches...

[teeva3333]

My opinion is the average condition pieces are getting harder and harder to sell, hence seemingly softening in price. But if you look at the pieces of special conditions, they still fetch very good price and even higher.
I have had my eye on 5512 chapter ring 4 line where before was at below 20k until it was sold for 25k then next one for 27k and so on. Last one sold at 34k good condition but not extraordinary (imo). It is all in the quality imo. Sure the number of buyers probably are less nowdays.

[Dan Pierce]

I've kept an eye on 16710 sales and IMHO, it seems the prices have never been higher.
dP

[mike]

Originally Posted by teeva3333

My opinion is the average condition pieces are getting harder and harder to sell, hence seemingly softening in price. But if you look at the pieces of special conditions, they still fetch very good price and even higher.

Yeah, Condition is the key.

[Keeperoftime]

The market seems stable to me.

The last 3 months are not a great way to judge price after all Dec,Jan,Feb---- in my experience are slow for watches. There are always great deals to be had after Christmas (some folks over extended for Christmas and sell things such as a Grandpa's broken 5513 etc. In a few months folks will recover and tax returns will stimulate etc, there will be a buying spree IMHO.

[MP5]

Originally Posted by Keeperoftime

The market seems stable to me.

The last 3 months are not a great way to judge price after all Dec,Jan,Feb---- in my experience are slow for watches. There are always great deals to be had after Christmas (some folks over extended for Christmas and sell things such as a Grandpa's broken 5513 etc. In a few months folks will recover and tax returns will stimulate etc, there will be a buying spree IMHO.

Agree

[springer]

Originally Posted by Dan Pierce

I've kept an eye on 16710 sales and IMHO, it seems the prices have never been higher.
dP

I have to agree with Dan on the GMT II prices. They have been appreciating since the watch was discontinued.

[hennabav]

Prices have softened up a little bit for some pieces but like teeva3333 and mike said, condition is key and prices for top notch pieces remain high and rising.

[Scary Hat]

Originally Posted by Keeperoftime

The market seems stable to me.

The last 3 months are not a great way to judge price after all Dec,Jan,Feb---- in my experience are slow for watches. There are always great deals to be had after Christmas (some folks over extended for Christmas and sell things such as a Grandpa's broken 5513 etc. In a few months folks will recover and tax returns will stimulate etc, there will be a buying spree IMHO.

Agree.
I have noted this trend in other items I have collected over the years. A good time to buy.