Speedmaster market drying up?

For the last couple years, I've been on the hunt for my grail Speedy and it seems that as of the last few months, the market has significantly slowed down in terms of both quantity and quality. I missed out on a nice 220 bezel about a year ago, when I couldn't decide between that and a very nice condition stepped dial '71 and now it seems there's not all that much to choose from. I'm considering a '68 321, but the bezel is a bit rough.

Has anyone noticed this as well?

The market is fluctuating I think a lot of people are holding the quality pieces while selling some overflow in their collections

It's normal, wait a few months and it will grow again after the summer

I'm not an expert by any means, so this is an observation based on much reading and taking in what has been happening in the watch world over the past few years. It is no secret that there has been a real surge in vintage watches and pre-owned watches. Just over two years ago I was offered a very nice '69 Speedmaster for $3000. Around the same time I had the opportunity to buy a pre-owned steel submariner for $5000. I turned both watches down thinking the prices were a bit much. What a dope! Since then, we have witnesses Rolex dry up the supply of stainless steel models leading to a frenzy in aftermarket sales. When Daytona's, GMT Masters, and Submariners went through the roof or became unavailable, people turned to the Explorer, and the Explorer II. Then the vintage Speedys began to go up in price and many of them have been snatched up by collectors and those who hope to cash in later. Even the prices of the newer Speedmasters has crept up. It is a rippling effect. When people can't get one thing, they move on to the next best thing. Before you know it, the entire watch industry is wondering what is going on? This is a combination of buy fever, and people "investing" in watches they believe will hold their value. I wish them all luck!

The hunt is half the fun. Enjoy the pursuit and you will appreciate your watch when you find it that much more.
Part of the story of how I found my 105.012-66
https://omegaforums.net/threads/i-need-a-don-bezel-for-this-105-012-66-cb.77267/#navigation

Great story and better score! Congrats! How's the bezel hunt coming along?

I found a nice DON bezel some time ago. Right now the watch is sporting a telemeter bezel.

Amazing dial!