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Thread: Market currently?

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  1. #1
    Master
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    Thanks for your reply, I have now listed lower than you have mentioned so will see how it goes.

  2. #2
    I see signs of the market softening for new and/or high end stuff but prices at the Birmingham watch fair yesterday still seemed strong.

    Vintage market looks to have plateaued in the last couple of years but not crashed by any means.

    I think there's a lot of talk of bubbles bursting etc but it's more what call flat, with a long overdue correction on the inflation of recent years in certain sectors (e.g. the grey market Rolexes)

    Flippers and scalpers might get burned; tant pis. The rest of us, not so much. That's my reading of the current situation. I am probably wrong.

  3. #3
    Master
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    Quote Originally Posted by Rev-O View Post
    I see signs of the market softening for new and/or high end stuff but prices at the Birmingham watch fair yesterday still seemed strong.

    Vintage market looks to have plateaued in the last couple of years but not crashed by any means.

    I think there's a lot of talk of bubbles bursting etc but it's more what call flat, with a long overdue correction on the inflation of recent years in certain sectors (e.g. the grey market Rolexes)

    Flippers and scalpers might get burned; tant pis. The rest of us, not so much. That's my reading of the current situation. I am probably wrong.
    I have been in contact with a few resellers and it appears they have over stocked on certain items of the higher values and now not able to shift as you say those at the high end but others seem to move easy still

    Something had to happen at some point with cars also suffering a little for a normalisation, even cycles are still over valued on the 2nd hand market since covid.

    I guess it comes down to how urgent something needs to be sold, lets hope the flippers/scalpers start to fall away a little due to this

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