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crd
·I’m curious to learn more about the “dos and don’ts” about flipping around here. Of course, this community is diverse in the interests of the members here so it’s no real surprise that I see somewhat conflicting positions with regards to the concept. I guess I’m just trying to wrap my brain around it and understand better.
For me, personally, I have only ever considered purchasing watches that I intend to wear or gift to someone special. It seems like some folks like to acquire interesting pieces for themselves and sometimes those end up being so special that they keep them in safes or bank vaults. The cohort I have the least familiarity with are the ones who seem to attempt to acquire a piece at the lowest possible price and resell it at the highest possible price in the shortest timeframe possible.
Perhaps foremost, what is the general consensus on the term itself? Am I correct in my interpretation of the term?For what it’s worth, I have most recently spent a fair bit of time in a community that tends to perceive this negatively although I try not to let that color my own perspective and try to remain as objective as possible. I guess one particularly confusing concrete example would be that I perceive a fair bit of grumbling around how Rolex intentionally limits supply and how that ends up with highly inflated prices of those pieces on the aftermarket.
I’m not trying to start any us vs them arguments; I’m curious to learn more about what sorts of things motivate someone to gravitate towards this niche of the watch collecting hobby and what are some of the written or unwritten rules for participating as such. Thanks in advance for all your thoughtful and diplomatic responses.
For me, personally, I have only ever considered purchasing watches that I intend to wear or gift to someone special. It seems like some folks like to acquire interesting pieces for themselves and sometimes those end up being so special that they keep them in safes or bank vaults. The cohort I have the least familiarity with are the ones who seem to attempt to acquire a piece at the lowest possible price and resell it at the highest possible price in the shortest timeframe possible.
Perhaps foremost, what is the general consensus on the term itself? Am I correct in my interpretation of the term?For what it’s worth, I have most recently spent a fair bit of time in a community that tends to perceive this negatively although I try not to let that color my own perspective and try to remain as objective as possible. I guess one particularly confusing concrete example would be that I perceive a fair bit of grumbling around how Rolex intentionally limits supply and how that ends up with highly inflated prices of those pieces on the aftermarket.
I’m not trying to start any us vs them arguments; I’m curious to learn more about what sorts of things motivate someone to gravitate towards this niche of the watch collecting hobby and what are some of the written or unwritten rules for participating as such. Thanks in advance for all your thoughtful and diplomatic responses.
