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chipsotoole
·Hi Omegoids,
I've been scouring online sales closely for about 2 years now. Recently, (the last 3 months or so) I think I've noticed what appears to be a subtle but definite overall hike in prices, particularly in the lower end vintage Omegas . By this I mean ones that aren't close to collector condition, maybe not working, need parts/overhauls or have dials and cases that many might pass on. This trend isn't just limited to the US but most of mainland Europe and the UK.
It seems to me, that what was a bog standard 200 ish Dollar watch last year ,is fetching closer to 300 now. And staples like say vintage dynamic bracelets seem to have gone from 60- 75 dollars to closer to 100. 1st gen Omega Dynamics themselves are all over the place in terms of sales prices and the reasons aren't as readily apparent as a knackered dial or a tired movement.
Is this a Christmas thing or are the blazing hot temperatures at the top end of the Speedy market causing inclement weather patterns at the lower end? I didn't notice much of a change last year, except for the increase in the Christmas present non collectors buying the usual redials from the usual suspect places : India, S Korea, Argentina, Chile, Philippines, Ukraine. Their prices seem to be steady.
Yes of course there are still deals and bargains to be tracked down and monitored, but seemingly significantly fewer.
Perhaps more folk than I realise are trying to get into vintage watches. Perhaps this trend at the lower levels has been going on for some time and it's just my relative newbie status that doesn't allow me to fully appreciate the hidden economics of vintage watches and Omegas in particular. I know many of you are really happy and relieved you bought your 60's Speedy way back when as the market has become prohibitively expensive for all but the most experienced, hardened and affluent of collectors. Is this high pressure front meeting a low pressure front from below and creating a sales storm?
Or is it all just in my head?
I've been scouring online sales closely for about 2 years now. Recently, (the last 3 months or so) I think I've noticed what appears to be a subtle but definite overall hike in prices, particularly in the lower end vintage Omegas . By this I mean ones that aren't close to collector condition, maybe not working, need parts/overhauls or have dials and cases that many might pass on. This trend isn't just limited to the US but most of mainland Europe and the UK.
It seems to me, that what was a bog standard 200 ish Dollar watch last year ,is fetching closer to 300 now. And staples like say vintage dynamic bracelets seem to have gone from 60- 75 dollars to closer to 100. 1st gen Omega Dynamics themselves are all over the place in terms of sales prices and the reasons aren't as readily apparent as a knackered dial or a tired movement.
Is this a Christmas thing or are the blazing hot temperatures at the top end of the Speedy market causing inclement weather patterns at the lower end? I didn't notice much of a change last year, except for the increase in the Christmas present non collectors buying the usual redials from the usual suspect places : India, S Korea, Argentina, Chile, Philippines, Ukraine. Their prices seem to be steady.
Yes of course there are still deals and bargains to be tracked down and monitored, but seemingly significantly fewer.
Perhaps more folk than I realise are trying to get into vintage watches. Perhaps this trend at the lower levels has been going on for some time and it's just my relative newbie status that doesn't allow me to fully appreciate the hidden economics of vintage watches and Omegas in particular. I know many of you are really happy and relieved you bought your 60's Speedy way back when as the market has become prohibitively expensive for all but the most experienced, hardened and affluent of collectors. Is this high pressure front meeting a low pressure front from below and creating a sales storm?
Or is it all just in my head?
