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Swiss Watches as alternative asset / store of value
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Newbie
Posted: 04 September 2024 12:46:08(UTC)
#81

Joined: 31/01/2012(UTC)
Posts: 3,819
Harry Gloom;317949 wrote:
The value of Swiss watches is about to tumble.

My market predictions are like a stopped watch and mean I am right twice a day...like clockwork :-o

That is good compared to mines - in as much that my market actions correspond along the lines that I am either too early to go in or too late to get out - hence having an old school winding watch, I can never get the time right.

Have no issues with modern phones, pc's and other gizomo's they update themselves automatically - including self adjustments with the one hour British summer time movements.
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jonathan rowe
Posted: 05 September 2024 13:38:53(UTC)
#82

Joined: 30/03/2018(UTC)
Posts: 176
I really like Omegas, but the price of a new one is absolutely crazy, I only go for old ones especially from 70's and 80's when designs were really innovative and very distinctive ... flightmaster, speedmaster mk iii, albatross, timecomputer etc

Just bought an 80's dynamic in new condition, £800

Polaris can picked up on ebay for a few hundred, but too ugly even for me
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Rob B
Posted: 05 September 2024 13:56:20(UTC)
#83

Joined: 07/10/2018(UTC)
Posts: 1,704
I'm down to a single watch. 224270 Explorer 40. Perfect fit for me. Do I see it as an alternative asset? Maybe. Do I see it as a store of value? Maybe. Do I cherish it, keep it in a safe and pristine? Hell no. Take it off for decorating and 'rock breaking' style activities but other than that it stays on.

Prices will need to come down somewhat (especially the grey market) for me to start collecting again. I'm drawn to the Jaeger-LeCoultre JLC Polaris Blue Dial 41mm.

Tudor still make one of the most comfortable bracelets with their "T-fit” clasp. Not a fan of the modern Tudor hour hand shape though. Much prefer the Mercedes style on the Tudor Submariner 40mm (79090).
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John Bran
Posted: 25 September 2024 18:40:05(UTC)
#85

Joined: 01/09/2017(UTC)
Posts: 2,134
Timex bought on the Santa Cruz boardwalk. As I was working there they gave me a 30% discount. Every time it breaks I sent it to my brother in the US. They charge pennies to repair it but never do they just send me new one. The last time I sent it to my brother he misplaced it in the house somewhere (so he claims). So I got a new (different) Timex instead. That one's just broken or maybe the battery is just dead. But probably knackered as the glass is damaged. I am sure he will be pleased when I send it back to him for repair.
I just use them for telling the time. If I was buying one as an investment I would lock them away in the gun cupboard. Which kind defeats the point of a watch.
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Rob B
Posted: 12 November 2024 21:32:01(UTC)
#84

Joined: 07/10/2018(UTC)
Posts: 1,704
Rob B;318090 wrote:
Prices will need to come down somewhat (especially the grey market) for me to start collecting again.

I negotiated just north of £2,600 for a mint condition 2022 Tudor Pelagos 39 at the weekend. Double figure discount on the asking price. It sits about 11.7mm high so slips under a shirt comfortably compared to its older, bolder Pelagos 42 sibling. Made of titanium so very light around the 100g mark.

It's a Tudor. You buy a Tudor because you want a Tudor. Not as a cheaper alternative. It's a close as I'm going to get to a Tudor Sub 94110 at present as I'm not paying their current sky high prices. As for my preferred Tudor Sub 7928.... Not a chance.
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jeffian
Posted: 27 November 2024 14:39:49(UTC)
#86

Joined: 09/03/2011(UTC)
Posts: 954

Thanks: 808 times
Was thanked: 2222 time(s) in 632 post(s)
Probably not exactly on topic, but the nearest thing without starting a new thread.

As I have written elsewhere, my stepfather inspired in me a love of clocks, watches, barographs and timepieces of all sorts and I have a fairly wide and eclectic collection, some bought but most handed down through the family. I keep them for love but I thought that the combination of quality, rarity value and favourable CGT treatment meant that they had an investment case too. I've had a bit of a rude awakening. Whilst high end watches still seem to be in demand, I have only just discovered that the market for antique clocks has fallen off a cliff. At the top of my collection pyramid is a bracket clock made by a good maker in 1675. Browsing auction catalogues, I am now seeing equivalents at around one third of values a few years ago. Reading articles, it seems that this is an extension of younger generations' disregard for 'brown furniture', compounded by the fact that many of them don't use analogue timepieces at all. (My 36yo has never worn the Rolex given to him on his 18th birthday. "I use my phone"). Sad. I shall continue to enjoy mine but when the time comes I suppose I'll just have to leave them to a museum.
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4 users thanked jeffian for this post.
Tim D on 27/11/2024(UTC), ANDREW FOSTER on 27/11/2024(UTC), L.P. on 27/11/2024(UTC), Jay P on 27/11/2024(UTC)
L.P.
Posted: 27 November 2024 16:01:20(UTC)
#88

Joined: 14/07/2023(UTC)
Posts: 673

Thanks: 1672 times
Was thanked: 2051 time(s) in 544 post(s)
The watch market has taken a bit of a wobble recently as higher interest rates bite.

Watches of Switzerland share price is a 1/3rd of what it was during the boom of 2020/21 when luxury goods/cars/motorhomes etc were in high demand (after Rishi decided to help bankrupt the nation to keep household incomes up even though they had nowhere to spend it at the time).

I guess this is the market reverting to the mean.
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3 users thanked L.P. for this post.
Robin B on 27/11/2024(UTC), Hilda Ogden on 27/11/2024(UTC), SF100 on 27/11/2024(UTC)
Laurence O'Brien
Posted: 27 November 2024 20:04:52(UTC)
#87

Joined: 04/12/2014(UTC)
Posts: 943
jeffian;327052 wrote:
Probably not exactly on topic, but the nearest thing without starting a new thread.

As I have written elsewhere, my stepfather inspired in me a love of clocks, watches, barographs and timepieces of all sorts and I have a fairly wide and eclectic collection, some bought but most handed down through the family. I keep them for love but I thought that the combination of quality, rarity value and favourable CGT treatment meant that they had an investment case too. I've had a bit of a rude awakening. Whilst high end watches still seem to be in demand, I have only just discovered that the market for antique clocks has fallen off a cliff. At the top of my collection pyramid is a bracket clock made by a good maker in 1675. Browsing auction catalogues, I am now seeing equivalents at around one third of values a few years ago. Reading articles, it seems that this is an extension of younger generations' disregard for 'brown furniture', compounded by the fact that many of them don't use analogue timepieces at all. (My 36yo has never worn the Rolex given to him on his 18th birthday. "I use my phone"). Sad. I shall continue to enjoy mine but when the time comes I suppose I'll just have to leave them to a museum.


I always coveted a nice antique long case clock but was put off by the price of the ones I fancied- £4000 or thereabouts so never got one. I’m seeing them now for under £200!
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