Quote:
Originally Posted by tyngshen
AP definitely gonna be the next Panerai. I can see Offshores available new 20% off by next year.
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My tracking says the opposite on a few select offshore models. Not every watch Rolex makes holds value like the Daytona, and not every watch AP makes will hold value.
Offshore Ceramic 42mm Ghosts, and blue dial Beast 25th anniversary have been selling out. Seen the number of listed reissue Beast go from 30k to 33-35k and about 80% of them sell within the 3 months.
Same with older 25721 series with the baton indices and small tapisserie have been moving up slowly from the 12-16k range to the 16-20k range. Its a sign of slow organic growth as collectors realize which offshores are collectible and which ones are manufactured artificially inflated limited editions.
Watch box wants to drop AP down a bit because it will let them buy at a lower price, since nobody is selling. Most second hand dealers I know almost beg you to sell them hot AP models, as they sell out within less than a day.