We all have various sales fora bookmarked, and I'm sure that some of us, me included, visit them numerous times a day looking for the bargain of all times.
Despite signs of an improving economy here in the USA, I can't help but notice that previously loved prices have majorly dipped in some instances allowing bargains to be had, and other watches have gained new resurgence.
For example: Doxa prices are way down. Have they lost their cachet, did the summer price break flood the market, or so many of us finding more necessary needs to spend our money on? (No vitiol needed here; it is not my intent to start a bashing thread. I love my Doxas and the company has been good to me in terms of service and communication)
Vintage Seikos, 6309s and 6105s, seem to be skyrocketing even higher than they did about four years ago before their prices crashed back to earth. They were cheap, then they weren't, then they were again, now they are up again. Have they been re-discovered by a new generation of WIS, have they been deemed a better investment than the stock market, are guys and gals just completing a well-rounded collection with choice pieces? Are those who have modded them going to be castigate for "destroying treasured vintage pieces" as they were a few years ago? I've noticed that as an example M-G SARs, a great watch IMHO, couldn't be re-sold for anywhere near their worth a couple of years ago are now being snatched up for relatively higher prices. Rolex prices, in general are down, except for certain models.
New company watches that would have vigorously flipped in the past are lanquishing on the boards. Is it too many new watches flooding the markets, not enough cash to satisfy curiousity and then flip on to the next one, or are they too similar in many cases with the same basic case and giant orange minute hands? Are they too expensive first-hand, and therefore, too expensive second hand unless they are being given away? Has the fact that some companies, both large and small stopped transferring warranties added to the decline of desire for used watches?
Again, these are thoughts that I've had as a long-time buyer and seller, as a guy who has found that far fewer watches excite me these days, and as a guy who has bought a condo in our personal paradise in Florida and is involved in setting up a second household. We're not rich mind you, we've just decided that we'd enjoy a chunk of our remaining savings by living in them rather than agonizing over the market ups and downs.
I'm not trying to dis any particular company or style of watch, but as a hobbling geezer, I'm not as subtle some times as I used to be. So apologies in advance if I've insulted someone's favorite watch, and again, please don't turn this into a bashing of any particular company. Bashing them all is at least democratic.