Will Pateks keep dropping?

[Rolexatlast]

Originally Posted by DonLee

The reason why watch prices won't bust is because the whole new generation of watch collectors are here to stay. More and more people are entering this hobby, so prices will not go back to say, 2015.

Is that true, or are most of the people entering this hobby more interested in making money? Or are only able to justify their purchase because it’s an appreciating asset?

If the were genuinely interested in watches, as opposed to Rolex, then brands such as Omega would also have empty cabinets and waiting lists