Why would certain LE Speedmasters “benefit” due to vaccine news and others wouldn’t? What needle are you trying to thread here?
Fair point. What about the Tokyo 2020 editions? Seeing as they were pretty much in the eye of the storm.
Vaccine will not have an impact or it might reduce prices,
sales and demand have been through the roof during COVID-19 , this has been evidenced via articles on this forum a number of times and furthmore prices have only climbed during the year on all major luxury watch brands.
Main reason being
1) clients in lockdown have spent income saved from travel and other yearly excursions on luxury goods.
2) Direct to consumer online sales
3) limited stock due to lockdown and a lack of materials for spare parts.
so if anything if things reach a new level of normal prices should go down or remain steady.
As for SPeedmasters LE's, most if not all have gained in price except for Apollo 17 40th, and with Omega shifting its strategy from LE to LP, prices should remain steady as to where they are it. furthermore, if rumors prove to be true and we see the discontinuation of the 1861 in 2021, the older models should increase in price.
In every walk of life/profession individuals have opinions about the future. Global debt is the highest it has ever been and we may/may not have averted disaster.
Surely someone, who has more knowledge on the subject than me, actually has an interesting opinion.
I added my thoughts on SPeedmasters LE in my original reply. these are just my views so take with a grain of salt but hopefully it give you some insight.
In terms of price movement next year, these could well march to their own tune quite separate to most other LEs depending whether or not the Games proceed. Don't ask me whether the prices will go up or down if the Games proceed or get abandoned, my crystal ball is in hospital with COVID19.
Here is a question.
Can't think of one. But the past 12 months gave been a little unusual.
Name a LE that’s gone down in the last 12 months.
As much as the LEs get stick they live in their own little bubble, attracting specific types of buyers which will still buy and trade regardless of other conditions.
afaik the LEs find their place within 6 months of dealer lists selling out and they stick around that. A few exceptions like the snoopy for some reason went beserk a year ago.
to be honest I thought the watch market would deflate a bit with this awful year of restrictions. Funnily it rallied in some cases.
If you are approaching this for gains you should perhaps look at other brands.
Bottom line, not much to see here. Business as usual. I don’t see that changing.
As much as the LEs get stick they live in their own little bubble, attracting specific types of buyers which will still buy and trade regardless of other conditions.
afaik the LEs find their place within 6 months of dealer lists selling out and they stick around that. A few exceptions like the snoopy for some reason went beserk a year ago.
to be honest I thought the watch market would deflate a bit with this awful year of restrictions. Funnily it rallied in some cases.
If you are approaching this for gains you should perhaps look at other brands.
Bottom line, not much to see here. Business as usual. I don’t see that changing.
As much as the LEs get stick they live in their own little bubble, attracting specific types of buyers which will still buy and trade regardless of other conditions.
afaik the LEs find their place within 6 months of dealer lists selling out and they stick around that. A few exceptions like the snoopy for some reason went beserk a year ago.
to be honest I thought the watch market would deflate a bit with this awful year of restrictions. Funnily it rallied in some cases.
If you are approaching this for gains you should perhaps look at other brands.
Bottom line, not much to see here. Business as usual. I don’t see that changing.
