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29 November 2020, 07:20 AM | #1 |
2024 Pledge Member
Join Date: Feb 2014
Location: VA
Watch: me flip
Posts: 1,021
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Just awoke from my WIS coma and..
WOW.. This market is unbelievable!!!!!!! I settled down with a lean and mean collection a few years ago, and I have been totally blind to the incredible demand and extraordinary grey market value for Rolex and Patek!!!
I get the regular brochures and catalogs from my local ADs, but I have not paid attention to the watch world. Recently, I thought about adding another watch for the outdoors, but with COVID-19 and the holiday season, I haven't been motivated to see my AD. The other day, a friend asks me if I would ever consider parting with my ceramic GMT. I was a little freaked out by this question, I had just thought about the fact that I do not use the second time zone complication as much as I used to. I wondered why he would ask me this question, thinking it wasn't like some grail piece. Before I could formulate a response, he makes me (what I thought was) an obscenely high offer! I start typing a reply, and then I pause and go to the watch recon website ... then, it happened: I realized that I had completely missed something HUGE going on in the market!!!!! I was shocked. I figured the pandemic could have something to do with the demand, but is this really, primarily driven by Chinese demand?! I have one incoming, but wow.. |
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