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Old 11 May 2021, 12:28 AM   #31
Gravity
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Originally Posted by GreenLantern View Post
Yup. That's what causes bubbles. :(

I miss those days.

Watches are not crypto!
True, but crypto has definitely helped feed the secondary in a huge way.
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Old 11 May 2021, 03:42 AM   #32
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True, but crypto has definitely helped feed the secondary in a huge way.
oooh yeah. Totally true. Even a small punt for fun, say .1% of net worth can mean having some crazy watches now.

Fun side note, totally bet those paying for watches in cyrpto aren't declaring capital gain. Intentionally or accidentally.
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Old 11 May 2021, 06:22 AM   #33
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No capital gains tax in the UK on watches.
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Old 12 May 2021, 12:12 AM   #34
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No capital gains tax in the UK on watches.

"yet"
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Old 12 May 2021, 01:58 AM   #35
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"yet"
is there capital gains on watches in the US?
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Old 12 May 2021, 02:11 AM   #36
macrowatch
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"yet"
I think in the UK they call it "import duties" Tax it before you even sell.
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Old 12 May 2021, 02:51 AM   #37
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is there capital gains on watches in the US?
Are watches "collectibles"?
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