tabularasa415 Posted October 9, 2012 Report Share Posted October 9, 2012 ...does it seem like there are a LOT of amazingly well-modded/Franken watches for sale right now that no one seems to be buying. I feel like it is definitely a buyer's market in both the rep and gen worlds. Sent from my iPhone using Tapatalk Quote Link to comment Share on other sites More sharing options...
cc33 Posted October 9, 2012 Report Share Posted October 9, 2012 Good! Quote Link to comment Share on other sites More sharing options...
sgtguk Posted October 9, 2012 Report Share Posted October 9, 2012 And I just missed one lovely Tudor by a whisker I agree with you especially with Gens atm, it's all good though Quote Link to comment Share on other sites More sharing options...
bamcky2k Posted October 9, 2012 Report Share Posted October 9, 2012 always the same, with anything really...watches, cars etc... first owner takes the hit, second owner blags it cheaper... sometimes second owner can then make a profit...its a fickle world we live in Quote Link to comment Share on other sites More sharing options...
panerai153 Posted October 10, 2012 Report Share Posted October 10, 2012 I believe that for a lot of folks,the hunt is the most important part of the whole watch experience. finding parts, visualizing the finished product are the best part. After the watch is complete,the member feels the need to move on to the next project. For many of us, the luxury of putting that project in the watch case and moving on to the next one isn't feasible. We need to sell them on to finance the next "project". Unfortunately, the guy who builds the project almost always takes a big hit when he decides to sell. Sort of the price of playing the game. Another factor, and one that I remind new members about when they start planning very expensive builds, is that when the price of the watch gets over a certain figure, the number of potential buyers drop of a cliff. There just aren't that many folks who are willing or able to fork over 1-2K for a rep. When the price of a rep gets into that area, the seller is really competing with the genuine watch market, as there are lots of really good genuine watches both new and used for sale in that price range. Quote Link to comment Share on other sites More sharing options...
redwatch Posted October 10, 2012 Report Share Posted October 10, 2012 I believe that for a lot of folks,the hunt is the most important part of the whole watch ex Definitely true for me.... As I wear my newly created franken/genenstein, my poor watch collection sits happily in its box wondering when I might wear the others again! I may have to move some along to some more appreciative owners Quote Link to comment Share on other sites More sharing options...
miagi Posted October 10, 2012 Report Share Posted October 10, 2012 i think its def leaning towards buyers market. reasons: -the economy being what it is, there must be lesser funds left in the "normal" household for watches. consumers must sell off rather than keep watches to fund new projects -> driving up quality in sales sections. this is a tought experiment considering reps i have been thinking of for some time: -lets divide the rep watch collector into two different groups: group A: they service their watches, thus making them live for the same lifespan as a gen watch. (simplyfied, i know) group B; they consume reps in the way that they dont intend to service (some or all) their watches, -> making them live for a shorter amount of time. lets for simplicity say a rep is 1/10th the price of gen. group A is getting a "luxury" item for the price of 1/10gen. group B is getting a good item for the price of (1/10gen) / lifespan. the propensity to hold reps in group A is greater than group B. group B is by far outnumbering group A. both groups trade in the forum markets technological progress is cutting value on older replications. Cost over quality i dare state "H and N fact latest Pams priced at 2xx$" > "the mashup of lello dsn and EL priced at 1xxx$". this favours trading of older projects when rumoured new replications surface (the expected value of our older reps in our rather small market is falling) any toughts on this? Quote Link to comment Share on other sites More sharing options...
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