Strange times, and think there’s going to be a big correction in the watch market for those ‘bubble’ watches, and this will ripple down.

There’s always going to be wealthy people with cash to buy nice watches, but massive falls on the stock market is going to leave spivs, traders and greys in a tricky situation. After all if you’ve just lost a load of dosh on your pension/company share scheme/tracker/private shares etc., you’re going to think twice about lumping over £20k on a ceramic Daytona, especially when there is a risk that the price will fall rather than rise.

My thoughts are the PP and Rolex will take a dive on the stuff that’s trading over well over list.

Given this, all those Tudors previously considered ‘fantastic value’ at £3k+ (they would have a grand 10 years ago if they have been for sale), and nobody’s going to pay list for them, causing second hand values to fall.

£4K+ for a bog standard seamaster and £6k for a PO - haha haha

It will be useful to post any correction to prices you see at greys, SC, other fora, if prices start to fall.