Grail watch now or a few more flips?
So I have a watch dilemma I would like some thoughts on. I have been buying and flipping a few watches here and there now that the bubble has run its course and things are back to “normal” in the market. Recently sold a watch I owned from pre pandemic I came out on top on. I have the funds to buy my dream watch pictured above but now that the hunt is over I’m not sure if I want to keep having some dry powder to keep an eye out for a fuller deal or pull the trigger now on the GP. White is a close second of my favorite color though grey is my top choice. I’m so torn!
My watch collecting journey started at seven years old when my grandfather, let me take apart a mechanical watch he had that didn’t work anymore. I started off with a Hamilton and Khaki field in my la...
Eye on the prize…grey!
Buy now. "Eat, drink, and be merry, for tomorrow we die"
I’d buy it now. I‘m not an economist but I think the prices will stabilize in the months to come.
You won’t regret buying the GP Laureato. I own one too (blue dial). It’s my favorite watch in my collection. It wears like a dream and the finishing on the movement and case/bracelet is exceptional.
I even love this watch so much that I think about buying another one. The black ceramic version.
It's a fantastic watch. Wears incredible. I would say better than the AP Royal Oak. I own both in blue and always seem to prefer the GP. It's slimmer, and even though the bracelet is incredible in the AP, the GP is not that far behind.
Buy now, prices seldom come down...
Yeah, I would pull the trigger now; that's a great looking watch that'll hold its value, I believe. I owned a G.P. Seahawk years ago with a white dial and loved everything about it except for the butterfly clasp (no bueno on a diver's watch) and it tanked when I sold it.
Wait, for two reasons. Firstly, it's taken time for you to get to this position, why settle for 2nd best? Secondly, the price is more likely to drop further than start to spike upwards. Ok, that's just my opinion of the market but there's still a lot more selling than buying right now.
Wait, for two reasons. Firstly, it's taken time for you to get to this position, why settle for 2nd best? Secondly, the price is more likely to drop further than start to spike upwards. Ok, that's just my opinion of the market but there's still a lot more selling than buying right now.
This IS good advice and probably will take it. But, if this is the bottom and prices go up…… real bad advice😂😂😂
And then this is this watch. Another I have been pining for and prices are down to $8k ish now as well.
Go for the grey, don't compromise!
This IS good advice and probably will take it. But, if this is the bottom and prices go up…… real bad advice😂😂😂
Well the advice is heavily weighted in favour of the first reason, why buy your 2nd favourite when you can buy your first?
As far as the price bottoming out; buying at the bottom of the market & selling at the top is a fool's errand, extremely difficult to do so once, nevermind repeatedly. If you have the money to buy something now, given the drop we've seen, you're still ahead of the game. That should be reason enough not to delay. I just feel there's still scope for a further drop due to over supply of watches in the grey market.
Wait for the grey!