$33,550.00

YY77

This is cheap compared to the one which got sold beginning this week, that price is without all related auction costs;

https://omegaforums.net/threads/october-5th-2020-snoopy-celebration.112405/page-14#post-1567709

JwRosenthal

We just need to step back and let the speculators do their thing until it blows up, then step back in when things level out.

M'Bob

Am I the only one surprised by the appeal of this watch?

scv55

I always thought it would take an economic recession to see watch prices fall significantly, but it remains to be seen. Of course the current climate is unique, and it seems those who are buying watches with extreme values haven't blinked an eye.

I have been buying secondary market and vintage watches since the 80's and the pattern I've noticed is the very best examples still have a following, and if a piece is limited in number, it will still trade for pretty close to what they were prior to a downturn and hold their values rather than go up or down. They level off in other words, while the lesser pieces will drop in price as more come to market. Also the lesser pieces tend to be what casual collectors own, and casual collectors are more apt to be affected by recessions and need to offload their pieces to meet other obligations, whereas high end collectors may be more insulated against a recession and have no need to sell, and will even take the opportunity to buy, thus supporting the rarity market.