Quote:
Originally Posted by Cooper33
I'm pretty sure that the vast majority of owners of luxury watches couldn't care less about retail value, I know that I don't. If it appreciates, great, but who gives a shit. If you think you'll really need the money in the future and selling a few pieces will make a difference in your life, perhaps buying them in the first place wasn't a good move. They're meant to be bought with disposable income.
A brand new Ferrari also takes a hit the day it leaves the dealership, but I don't imagine owners really care about that.
But that's the current state of affairs...guess the "hot demand" created a whole new segment of "value retention enthusiasts"...
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Well said! I buy watches to wear and enjoy them, I know people who keep their watches in safes and never wear them! It's crazy, it's like buying a pagani zonda and putting a car cover over it and never using it [emoji849]
Sent from my Galaxy S20 ultra