Watchfinder do they not want to buy Premium watches ?
Well I was part of the recent SC Rolex merry go round, I came away with a watch I have always wanted, an unpolished full set tritium 16600 Seadweller.
I paid the asking and didn’t try to knock the price down, am I fool with his money? Hopefully not, I briefly offered my 14060 for strong money but not top money, I had lots of interest and the only thing stopping me going through with a deal was the current lockdown and my reservation about selling such a nice watch.
The CV situation will hit borrowed money like watches on credit cards, cars on PCP or those who sail close to the wind with their business, I owned a small business this time last year and one of the practices I employed was to keep over heads as low as possible and have a big cash float, I know in these current times that cash float would get the business through 4/5 months of bills..
Going forward 3/5 years plus, CV will be strong in the memory for personal reasons, but I expect people to return to 95% they were before the pandemic, I feel Rolex, especially anything classed as vintage will remain strong over this time period along with some other classic watches.
New inflated RRP Rolex is another story and something that has never interested me..