freddy333 Posted November 8, 2007 Report Share Posted November 8, 2007 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. Quote Link to comment Share on other sites More sharing options...
deltatahoe Posted November 8, 2007 Report Share Posted November 8, 2007 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 Quote Link to comment Share on other sites More sharing options...
Desuetude Posted November 8, 2007 Report Share Posted November 8, 2007 Then you go and sell elsewhere. One of the upsides of a worldwide economy. Quote Link to comment Share on other sites More sharing options...
piratedzeus Posted November 8, 2007 Report Share Posted November 8, 2007 Well if the economy crashes you might get the same troubles? Quote Link to comment Share on other sites More sharing options...
Guest avitt Posted November 8, 2007 Report Share Posted November 8, 2007 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.) Quote Link to comment Share on other sites More sharing options...
eunomians Posted November 8, 2007 Report Share Posted November 8, 2007 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. Quote Link to comment Share on other sites More sharing options...
freddy333 Posted November 8, 2007 Author Report Share Posted November 8, 2007 Sotheby's Falls (video report) Quote Link to comment Share on other sites More sharing options...
deltatahoe Posted November 8, 2007 Report Share Posted November 8, 2007 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 Quote Link to comment Share on other sites More sharing options...
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