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Spacefruit
··Prolific Speedmaster HoarderI think for many collectors (myself included), a major correction would be welcome. I don’t think we will ever go back to $4k submariners and $2k Speedmasters- but a 30% drop on the market would be awesome.
I only ever want to break even when I sell watches- I think the only people who bemoan prices coming down are dealers holding on to inventory purchased at the peak, or those looking to cash out their collections.
I have never seen a genuine dealer complain about prices - hobby, or inexperienced dealers yes, but professional dealers just get on with it, selling stock for a profit over replacement cost, not actual cost.
