[DJ2020]

Originally Posted by mike

Interesting question. As a normal course of events watches represent a less than ideal investment IMO.
Having said that, there are those viewing a select portfolio of vintage pieces as investment grade timepieces. It's hard to argue with the run up in certain vintage Rolex pieces (as well as certain other makes). 20, 30 50%and more per year ain't to shabby no matter what the commodity.

Having said that one wonders what the investor/speculator does to the hobby in the long run. Many collectors have all but been closed out of many references that only a few years ago were easily within reach.
Some have speculated about a "bubble", but as yet pricing remains rather strong with the move now seemingly toward "complete sets".
As with anything geared toward financial gain, knowing when/what to buy and when to sit as well as having a well grounded knowledge of the subject is critical.

This!, well stated Mike.