A Prediction for the Immediate Future of the Collectable Watch Market

[freddy333]

Unless the US economy does a very quick and decided turn-around, which appears unlikely in the near term, I believe the bottom is about to fall out of the collectible watch market. A similar thing happened just after the stock market crash of October 1987.

[deltatahoe]

hmm....personally, i find this relatively hard to believe....

i would guess the kind of people collecting expensive timepieces aren't going to be selling their watches b/c the economy is in a temporary slump...

not that i wouldn't be VERY excited if your prediction ended up being true

deltatahoe

[Desuetude]

Then you go and sell elsewhere. One of the upsides of a worldwide economy.

[piratedzeus]

Well if the economy crashes you might get the same troubles?

[Guest avitt]

I could see that happening...I live in a high-bux area (OC), and you can see the effects of the cooled economy - smaller attendance at charity events, less discretionary spending. (It may actually be a little worse around here, because such a large part of the economy is real-estate based.)

[eunomians]

I think that the collector's market is largely uninfluenced by the common economy. It remains upon a different threshold entirely.

Sure, there might be some drop in worth for certain over-valued items (this would be most welcome), but such esoteric niches always have Vanderbilts, DuPonts and Rockafellers to fill in the gaps in leaner times.

[freddy333]

Sotheby's Falls (video report)

[deltatahoe]

Hey Delta, when you're on the skids in a few months look me up and I'll give ya $100 for that fine Oli COMEX. As long as YOU are paying the shipping!

i'll keep that in mind nanuq

hopefully i will have gotten to wear it a couple times before sending it off to you though -- pretty sure oli has left for a month-long trip; the wait continues

deltatahoe