Has There Been A Change In The Vintage Omega Market In The Past 4-6 Months?

flame

Hi

I thought I heard the Chinese culture/preference around watches was to buy new only....?

Best - Neil

Privateday7

I would add that there are new vintage collectors raising in the new middle class developing countries, especially in Asia. China, India, Indonesia, Korea, Singapore, Thailand, Phillipine, Vietnam, MIddles east , etc. (well I am included).
Rolex, Omega and Breitling probably a no brainer choice for them because of the current marketing sexiness. It is also relatively affordable and available, unlike Patek or Breguet world. Sooner or later these new collectors are looking for similar highly collectible item from 50's and 60's.

Availability of vintage Omega in this market is miniscule, because during 50's and 60's, Omega is only for royalties and riches. With the advent of internet trading, the Asian collectors and traders are scouring Europe, US and probably Latin America to feed their highly collectible demand.

So the developed world 'collector holes' + new developing countries 'collector holes' + no more supply of this vintage watch = meaning it would be only one direction = scarcer and pricier. Of course there would be some bubbles (like Omegamania) here and there.

John R Smith

This has all happened at least once before with the wealthy Japanese collectors who in the '80s and '90s hoovered up all the best Gibson and Martin guitars, Leica cameras and lenses, and classic British and Italian motorcycles.