cvrle1
·Vintage pieces used to sell between $500 to $1000 depending on condition. NOS/NIB bracelets still sell for a lot, but as results like these show:
https://www.ebay.com/itm/JB-Champio...170072?hash=item4dac001bd8:g:~~8AAOSw9shetqbs
https://www.ebay.com/itm/Vintage-Or...834969?hash=item3fdf08ca99:g:9Z8AAOSw3ftehMoq
People just aren't dishing out as much money as they used to for these.
Just going to point out that the price of vintage bracelets can't have "stayed about the same" while also having been "steadily going down for the last year or so." The recent dip in prices of these bracelets can be correlated to the news of a reproduction being released late last year. I can't claim that it's the only reason that vintage bracelets have dropped in price, but I don't think it would be logical to say the reproduction didn't contribute to the price deflation at all.
As you said, people arent dishing out as much as they used to, so demand goes down, and prices go down as well. If there was ever a bubble for an item, these bracelets were it. They peaked, people stopped buying because they got way too expensive and bubble burst. If you look at prices even 6 months ago, they were still hovering around $500 and repro was already out in full swing by then. There are a lot of other more plausible reasons prices went down.
And yes you can have items going down and staying same. If price goes down from $1000 to $700 and then it stays at $700 for months, it did both. Thats what happened here. Price went down, stayed at that level for a while then went down again. Rinse and repeat.
And in regards to repro, I am glad they came out. If for no other season but because I would have been pissed if I paid so much money for original only to find out it is way too big for my wrist. (as was the case)
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