Mid-2022 Increasing supply of vintage Omegas on eBay

Lots of supply of vintage Omegas in general, we’re swimming in them now, but jan/feb there were times that there wasn’t a good omega at a reasonable price anywhere on eBay.

Probably interest rates going up along with gas prices and inflation making people look through their drawers and cupboards for junk to sell

Moved this to its own thread to keep the other clean but yea dealers are not correcting prices but when you see what watches are going for at auction no reserve, its lower than I’d have expected for quite a few weeks now, Seamaster DeVilles in steel going under $500, this Constellation piepan for ~$800, Geneves under $300. I would look around in the early year and there was nothing but junk and redials going no reserve, nothing worth really buying but I’m not just seeing a lot appearing in this sub-$1000 category but I’m seeing raw watches, lots of twist-o-flex bracelets, lots of bad photos and bad crystals, lots of watches that have sat for decades rather than dealers recycled pieces that have been circulating.

I don’t know how long it’ll last but its definitely a buyer’s market right now and the low end is where this is most abundantly obvious (don’t expect 321 Speedmasters to be quite the same unless they have a lot of asterisks next to them).

Economic conditions do play a factor in the watch seasons like this, a few years back when gold went through the roof we were seeing so many nice dials and movements being sold loose… that was heartbreaking especially when you saw perfect piepan dials and even Ultima chronometer and deluxe dials on movements and knew the case had been melted.

Yea I think thats a given at this point and we’re definitely going to see an increasing buyers market with a significant oversupply and prices easing, which is something most collectors on this site have never seen before, but its the most enjoyable time to be a watch collector. I don’t really sell many pieces I mainly hoard so I couldn’t care less about the value of my collection, I just want to see good “new” vintage stock on the market at reasonable prices and new people getting into watches.

Well… a lot can go wrong with a 60s Alfa but that’s part of the charm isn’t it lol