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11 September 2022, 11:07 AM | #31 |
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Real Name: RiCkY
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Watch: 16520
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Passion for Mechanical Timepieces! IG: @crown_in_oyster_case ~Connecting people through my passion, one timepiece at a time~ |
11 September 2022, 01:22 PM | #32 |
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Join Date: Feb 2019
Location: NYC
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Summer was especially rough this year for all retail. Covid is over, people were traveling, it was super dead. Heck, even I started to get nervous looking at the summer numbers for my company. Now school is starting, in person, people are back, sales are starting to pick up again so I think it makes sense that prices are stabilizing a bit and maybe up now that we've washed out some of the loser flippers that needed to liquidate for cash flow. We're starting to get into holiday, dealers who can will want to build a little inventory, and I'm feeling like it will be an okay Q4.
BUT the bubble days are over. Fed will keep tightening, power intensive industries are already shutting down in EU, China is still not coming back. The US market is the ONLY market for watches so we might be in a seasonal shift at the moment but the trend is still going to be to MSRP as supply keeps getting dumped into the US market that's running on borrowed time before the tightening effects are seen. |
12 September 2022, 05:06 AM | #33 |
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Real Name: Chris
Location: Houston, Texas
Watch: SUB LV-C/Pepsi C
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This was the asking price and price paid. It was marked sold publicly, which usually means sold at full price. Especially if it was fairly quickly.
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Where do we go from here??? |
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