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28 August 2018, 11:54 AM | #121 |
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If a financial crisis does come eventually (since we are in the longest bull run), prices may come down but the most significantly, more mint condition watches may come to the market as people need their cash flow.
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28 August 2018, 05:29 PM | #122 | |
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And i do thank God for not being sick, yes |
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28 August 2018, 05:35 PM | #123 |
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I said great vintage may be sustainable and strong. Great pieces wont get much cheaper as long as we don’t have a financial crisis which hurts most things in life. Perhaps it is my english skills but when I say that I doubt anyting vintage will appreciate I meant that that average stuff that ain’t rare will continue up as it has. I don’t think it will. A standard run of the mill matte sub from the 70’s is not likely to cost 50-100k any time soon while a great condition gilt will.
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29 August 2018, 09:45 AM | #124 |
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Only an anecdote...I was in Monterey, CA for Car Week a few days ago and stopped in Fourtane. The case holding vintage Rolex sports watches is at the very front of the shop, and on the opposite side are the vintage Rolex dress watches (Day-Date, Datejust,etc.). The entire length of the case holding the sports watches was shoulder-to-shoulder with customers and three deep. The other cases holding contemporary Rolex watches and other high-end brand luxury timepieces were given only a passing glance. The whole thing was extraordinary to see. To be clear, I was in the store for all of 20 minutes or so, and the episode I'm speaking
of here occurred two days before the Saturday GTG. Last point: the buyers-to-be (and lookiloos) were truly an international group. ___________ Instagram: @onthedial |
1 September 2018, 08:38 AM | #125 |
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On a long enough timeline, everything is dying.
My concern is how it will be doing in the next 20 or thirty years, because I don't think I will make it past that. I'm pretty sure my family will sell all of them after I'm gone, and I'd like to see them get a good price. I just hope they don't sell them for what I said I paid! |
1 September 2018, 09:35 PM | #126 | |
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You should catalogue them on your computer and keep the price up to date. Sent from my iPhone using Tapatalk |
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1 September 2018, 09:41 PM | #127 | |
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Excellent point Sent from my iPhone using Tapatalk |
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17 September 2018, 10:32 PM | #128 |
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not at all, the pangs for a 1601 and a 1016 are growing for me
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22 September 2018, 09:07 PM | #129 | |
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22 September 2018, 09:57 PM | #130 |
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I think it all has to do with the passage of time I'm 73 years old I have seen this happen to camera, audio/stereo my other hobbies as well. We have an affinity for these objects because we grew up with them but the younger folks get the time and take pictures and listen to music off of their iphones!
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23 September 2018, 12:30 AM | #131 | |
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Added to this supply vs demand and increase of incomes/demand out of Asia in the last 20 years explains a lot. |
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23 September 2018, 08:53 AM | #132 |
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So your saying in 20 yrs the kids of today will be collecting Apple watches :)
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23 September 2018, 11:31 AM | #133 |
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23 September 2018, 01:59 PM | #134 |
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[QUOTE=MorningTundra;8952300]Have you seen what a NOS Gameboy with B&P changes hands for these days? Or a mint 1st Gen iPod?
---------------------------------------------------------------------------------- No I haven't.
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Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
24 September 2018, 02:19 AM | #135 |
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Is vintage collecting a dying hobby?
The one difference between the classic/muscle/90s car comparison is that there’s drastic aesthetic changes between all those and each generation prefers what they grew up with. A vintage GMT from the 60s is very aesthetically similar to one from today.
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24 September 2018, 03:47 AM | #136 |
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Well in The Netherlands it is getting quite populair among the youth got a lot to do with the social media Amsterdam vintage watches is doibg.
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24 September 2018, 03:53 AM | #137 |
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the opportunity has been greatly reduced for anyone of limited means.
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24 September 2018, 08:10 PM | #138 |
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25 September 2018, 12:08 PM | #139 | |
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Nor have I
[QUOTE=springer;8952488]
Quote:
And I want to add a vintage GMT. |
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25 September 2018, 04:33 PM | #140 |
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26 September 2018, 01:01 AM | #141 |
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I don't think it will ever die to be honest. Not any time soon anyway (at least another 20 years). The world of social media have just begun and more and more people (young and old) are getting interested in vintage watches. As many have mentioned it's mainly the only jewelry most men wear and it's functionality can't really be compared with vintage cars because it tells the time just as well (or well enough) as modern watches but vintage cars is not as easy to be used in modern world. Also, the most important thing is obviously because these watches are not made anymore and cannot in anyway be replicated or recreated.
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26 September 2018, 07:31 AM | #142 | |
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26 September 2018, 07:53 AM | #143 |
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New models like the SD43, Pepsi, & Daytona Ceramic are modern iterations of the 1680, 1675, & 6241
These peak prices will be corrected soon enough |
25 October 2018, 06:16 AM | #144 |
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Vintage market in toilet now. Buy Buy Buy
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25 October 2018, 08:45 AM | #145 |
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Not sure it's dying in Asia...prices in Sing, Indonesia and HK are at premium compare to Europe and US. I've seen 20 something flashing their VR while driving exotic cars. If there will be a crash, the rich will eat up what's on offer thus creating relatively fast rebound. Actually this was the case after 08 crash according to one Japanese magazine. It have graphs of the Rolex prices based on models and rebound is relatively swift. Just a comparison, my 6980 recovered after 10 years to reach pre crash price while my simple P series 16610 recovered after 2 years going upwards thereafter.
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25 October 2018, 10:47 AM | #146 |
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Why is it any different than any other collectible? Classic cars? Baseball cards? I’d say that our vintage watches mean far more in many ways. And they work and function. I didn’t buy for an investment but doubt they will lose value over the long haul. Just another guy with an opinion.
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25 October 2018, 01:32 PM | #147 |
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I don't want to be a collecter. In the real world (ok, for me) while trying to buy an older, not too old Gmt Pepsi @ 2000-2006 to wear and enjoy l found there were too many variables for me. l bought a new Blnr.
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25 October 2018, 09:21 PM | #148 | |
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Suggest they’ve become mainstream status symbols and investment assets. My original hypothesis being, the “hobby” may have peaked. The only “hobbiests” left have the means and connections to collect at the top end of the market. Those left scouring thrift stores and estate sales are pursuing a profit rather than a collection. I’m not suggesting the market is dying just the “hobby” many of the old guys grew up with. Sent from my cracked, broken hand wound phone. IG @morning_tundra |
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25 October 2018, 09:30 PM | #149 | |
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Even if I am mostly into vintage Rolex I still get that warm and fuzzy feeling when I see a great watch. Regardless brand. And that is not dependant on price. That is dependant on quality. No matter if it is an untouched Tissot or an awesome Patek Philippe. I think the market is getting more stable. I still think great pieces have a bright future moneywise but I also think that some common models might move down a bit. Same goes for not perfect condition pieces.
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26 October 2018, 01:02 AM | #150 | |
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Sure it is nice that it has gone up in value but on the contrary so have all the other models that I am interested in, which are now so far out my price range to own and that I may never be able to own them. If the market crashed I would be equally as happy having my 1665 drop in value but also be able to look at purchasing another model that I like. It sometimes feels that the blame for the rising costs which price the WIS out of the market are blamed on people in their 20's with their lust for luxury to post on instagram as an act of showing off with no care in the world for the actual watch itself. I have been taking a browse though Burlington Arcade and other shops with wide eyes asking about the finer details of a piece and they seem to have the attitude that I don't about these things and just want a watch that looks like its brand new and will impress my mates with no regard for its history, dial, movement or originality. However, I take solace in the forums where no one knows your age (until now) and you can browse among all the topics that you want to talk or know about and there is more than enough people that want to help you better your understanding. Its not place where you have to prove yourself or know more than someone else, have a 'Knowledge off' to show your serious. Just a group of people who share the same interest and like to post about it. I just hope that the view of these people who think we see Drake and want a Rolex because he's got one that he raps about realise it doesn't apply to the whole 20's age group as some of us are enthusiasts, all be it new to the hobby, but we are still only young after all |
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