the market keeps fluctuating its getting harder to tell if buying a speedmaster is a good idea now or to wait.

Anyone here think that buying a all original cal 321 speedy or premoon would be a bad investment? that the values may go down or will they always be something to be had.

just thinking out loud here

 

It's all about condition, condition, condition! Personally, I don't think they are going down anytime soon. The rarest examples will always hold their value.

 

I have been thinking about getting a daily wearer for a few months now. Vintage, but not necessarily rare or particularly desirable models in well worn but decent condition have been consistently above $2500. In the past week I have seen 2 watches sell in the $2200 range. Like precious metals, this may be a dip before a rise, there may be a crash. This observation is for Speedmasters with Cal 861 movements.

 

Also, I think the rise in Speedmaster prices has had an effect on all vintage Omega's. I have noticed pricing on vintage Omega's in general seem to be going up.....maybe just in the asking price

 

Nothing to indicate anything but up that I've seen.

Either way, I'm of the opinion that, like the best time to plant a tree, the best time to buy a watch is...

RIGHT NOW!

 

its hard ive had to sell and buy many vintage watches just to have the ones i wanted. but its deciding wether i want to invest in an all original cal 321 speedy unpolished, or not. want to make sure im not throwing money away doing so

 

I think your observation about the relationship between Speedmaster prices and Omega prices, in general, is true. I feel the more compelling factor is the lack of supply of collectable watches. By collectable, I am referring to watches that check off certain desirable characteristics.

 

Well, http://speedmaster101.com/blog/october-market-report-speedmasters-over-10000/

 

Do you really expect to get an unbiased, objective opinion? Usually if you want a credible assessment or statement of fact, you need a source that doesn't have a stake in the outcome.

 

Bubble, bubble toil and trouble...

 

Buy a watch that you like the look of and want to wear. Then whether it goes up or down it really doesn't matter. 321 or not. I doubt the investment will ever become a write off. And you get the enjoyment of wearing if you are a watch nut.

But if you are buying for an investment ONLY. Then do the research and I think you will find that Speedy's are doing well and holding there own right now. As are other brands with a strong historical connection (e.g. Heuer/Enicar and motor racing). But certainly the good stuff is getting few and far between. I sense only when the good stuff starts to flood the market will we see a potential bubble burst. But not even getting a sniff of that happening right now. Collectors are keeping that for themselves

I sense like most here its about the hunt and unearthing a gem at a flea market, or Ebay or private sale. Otherwise as @oddboy states refer to
http://speedmaster101.com/blog/october-market-report-speedmasters-over-10000/

 

There are two questions in the original post: will vintage speedmasters continue to appreciate, and will their value go down. Seems most likely to me that they'll stay about the same.

I'm not such a big fan of vintage watches purely as an investment. They might go up, they might not. But if you wear them, there's also risk: bang it hard, get mugged. There's also cost to keeping them serviced, and it would take some time to sell them if you needed to. And if you don't wear them, where's the fun in that? If you don't care about the watches as anything but an investment, instead see your financial adviser about some mutual funds. However, if you really like vintage watches and would regard possible appreciation as a bonus, then go for it!

 

Ha. My crass modern day Rolly gets more attention and comments than my vintage Speedy. I feel safer wearing the vintage so far as muggers are concerned

 

Dont get me wrong friends, i am a true vintage watch lover and plan on keeping it. But its always a nice thought knowing the passion for what you have on your wrist is also something that doubles as an investment to give you piece of mind in spending that much on a watch when your a young buck im a two birds one stone kind of guy

 

Let's see them!

 

I'd pay a subscription to see them all once a year.

 

I've been too busy trying to buy his rejects