Watches as an investment

Money, investing, mutuals etc

Re: Watches as an investment

Postby pabenny » Wed Apr 05, 2017 6:47 am

According to this article in The Economist, makers of premium watches are facing a big fall in demand.
http://www.economist.com/news/business/ ... s-try-keep

This may explain some of the discounting recently seen and may also result in a collapse of the valuation of 'investment' watches.
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Re: Watches as an investment

Postby AAAlphaThunder » Wed Apr 05, 2017 11:04 am

pabenny wrote:According to this article in The Economist, makers of premium watches are facing a big fall in demand.
http://www.economist.com/news/business/ ... s-try-keep

This may explain some of the discounting recently seen and may also result in a collapse of the valuation of 'investment' watches.


Supply and demand. In the absence of demand there is limited value.
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Re: Watches as an investment

Postby Derbiean » Wed Apr 05, 2017 11:13 am

Time will tell if this is true ;)

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Re: Watches as an investment

Postby Beachboy » Wed Apr 05, 2017 1:31 pm

I guess it is a case of watch this space :-)

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Re: Watches as an investment

Postby planteria » Wed Apr 05, 2017 5:26 pm

far be it for me to disagree with the article, but in recent years, during 'tough times', the prices of watches have continued to rise. seen as 'a spread of assets' it makes sense to have one or two nice watches, maybe some gold, rare coins, stamps, art, wine, whisky, and maybe other physical assets which are considered 'Alternative Investments'.

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Re: Watches as an investment

Postby AAAlphaThunder » Wed Apr 05, 2017 8:32 pm

planteria wrote:far be it for me to disagree with the article, but in recent years, during 'tough times', the prices of watches have continued to rise. seen as 'a spread of assets' it makes sense to have one or two nice watches, maybe some gold, rare coins, stamps, art, wine, whisky, and maybe other physical assets which are considered 'Alternative Investments'.


Indeed. The age of adage "don't keep all of your eggs in one basket".
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Re: Watches as an investment

Postby AAAlphaThunder » Wed Apr 05, 2017 8:35 pm

This is why I take a punt on the AIM share investment market.

You never know - you may just hit gold or black gold (oil).
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Re: Watches as an investment

Postby pabenny » Thu Apr 06, 2017 6:35 am

planteria wrote:... in recent years, during 'tough times', the prices of watches have continued to rise...


Although we have experienced difficult economic times since the banking crisis, the Chinese market for luxury goods has been buoyant and has only slowed in the last couple of years. This is partly driven by a crackdown on corruption, which has made conspicuous displays of wealth much less attractive. Other luxury goods - bags, scarves, etc have also seen a downturn in Chinese demand.
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Re: Watches as an investment

Postby planteria » Thu Apr 06, 2017 6:28 pm

they have.. but also my comments related to the retail market here in the UK. restaurants, jewellers etc. have been doing well, despite the gloom we are told about.
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Re: Watches as an investment

Postby AAAlphaThunder » Fri Dec 22, 2017 11:50 am

A family member had the same kind of experience with high-end watches after he lost his job as peter1969uk @HUKD:

I don't even think I'd buy second hand at the moment. When we had the Brexit votes, the prices went up by a £1000 - £2000 for watches like this, which intern increased the prices for used watches.

This is great for me, I had a 60% pay cut last year due to the problems in the Oil and Gas sector. So I originally had around a 35 watch collection, which I've been selling off to help out. Breitlings, Omega's, Tags, Oris and Raymond Weil's. So the high second hand prices has been good timing for me. Some of the Seamasters and Speedmasters selling for the/or above the original new price years ago.


https://www.hotukdeals.com/deals/hugh-r ... ce-2861925

I have more than a passing interest in high-end watches. For some time now, I've been seriously considering selling some well performing assets and investing the cash in a watch I will NEVER wear!

I'm a simple man - high-end watches are too flashy for me to wear.
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