I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
Kelvin : Are Luxury watches a good investment?
30-03-2022, 08:43 AM
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
30-03-2022, 08:50 AM
Yes its good
30-03-2022, 09:21 AM
30-03-2022, 11:25 AM
last 2 yrs very good. now grey market down about 5% from peak in feb
30-03-2022, 04:31 PM
30-03-2022, 04:51 PM
30-03-2022, 05:16 PM
(30-03-2022, 04:51 PM)pervertosan Wrote: hard to get from auth dealer now….very limited supply even for regulars…new customers wait almost a year
If watch is good one year wait is worth it.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
31-03-2022, 09:57 AM
(30-03-2022, 04:51 PM)pervertosan Wrote: hard to get from auth dealer now….very limited supply even for regulars…new customers wait almost a year
i think these dealers are purposely not selling to create demand................
only certain models and brands can make money, right ?................so dealers keep those models to sell at higher prices later lah............
31-03-2022, 06:19 PM
(30-03-2022, 05:16 PM)9sgbuffett Wrote: If watch is good one year wait is worth it.
process not as simple..u need to buy unpopular watches to qualify for the good ones..waiting now is even for very basic models..investing in grey market is the alternative
(31-03-2022, 09:57 AM)Napoleon Porlumpar Wrote: i think these dealers are purposely not selling to create demand................
only certain models and brands can make money, right ?................so dealers keep those models to sell at higher prices later lah............
no lah..dealer must sell watch at published prices…but they will make u buy zero appreciation models to get the good ones…in the end still u can profit from the good ones but unpopular one will sell at loss unless u want to wear
31-03-2022, 09:12 PM
(31-03-2022, 06:19 PM)pervertosan Wrote: process not as simple..u need to buy unpopular watches to qualify for the good ones..waiting now is even for very basic models..investing in grey market is the alternative
no lah..dealer must sell watch at published prices…but they will make u buy zero appreciation models to get the good ones…in the end still u can profit from the good ones but unpopular one will sell at loss unless u want to wear
agent can refuse to sell certain models to customers ??
what's grey market ?
01-04-2022, 10:35 AM
(31-03-2022, 09:12 PM)Napoleon Porlumpar Wrote: agent can refuse to sell certain models to customers ??
what's grey market ?
yes agent can decide which regular customers they allocate good watches to
grey is second hand watch dealers like watch capital not the auth dealers like hourglass and cortina
01-04-2022, 10:46 AM
Recently I learned about this watch mechanism called :"Spring Drive" only found in "Grand Seiko".
Really impressive. I think it is worth collecting....anyone knows about this?
Really impressive. I think it is worth collecting....anyone knows about this?
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
01-04-2022, 10:47 AM
2022 models are out ….. forget about list price …. be prepare to pay 2-3x at least if you manage to get one
https://www.rolex.com
https://www.rolex.com
KTV妹妹说,香港人无义,台湾人无情,新加坂人无智
01-04-2022, 10:48 AM
(01-04-2022, 10:46 AM)sgbuffett Wrote: Recently I learned about this watch mechanism called :"Spring Drive" only found in "Grand Seiko".
Really impressive. I think it is worth collecting....anyone knows about this?
Nope …. no resale value ...
KTV妹妹说,香港人无义,台湾人无情,新加坂人无智
01-04-2022, 04:34 PM
01-04-2022, 04:35 PM
01-04-2022, 05:53 PM
(01-04-2022, 04:35 PM)Napoleon Porlumpar Wrote: Spring Drive has been around for ages even in the lower Seiko ranges..............
Yes buy still impressive took decades to perfect and solve many problems.
Also read Seiko mechanical watches even without spring drive were so accurate, the Swiss stop having completion on mechanical watch accuracy.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
02-04-2022, 12:45 AM
(01-04-2022, 05:53 PM)sgbuffett Wrote: Yes buy still impressive took decades to perfect and solve many problems.
Also read Seiko mechanical watches even without spring drive were so accurate, the Swiss stop having completion on mechanical watch accuracy.
Grand Seiko is more for people that want fantastic watches without showing off...............
the designs are too understated and conservative though..........
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