Can you make money investing in watches?

[JohnDe]

Certified Pre-Owned Watches | The 1916 Company

Explore our suite of pre-owned watches for sale at The 1916 Company.

www.the1916company.com

Check out the prices of used collectable watches. WOW!

 

[JohnDe]

A good explanation, once you get past the first few minutes.

"Fun first, finances second".

 

[moXJO]

A good explanation, once you get past the first few minutes.

"Fun first, finances second".

This is actual a great video on just general investing as well.

I will say that I think we might be coming to a point where everyone starts flogging luxury goods. I noticed people hocking brand handbags. The show pony rich are getting a rinse in this market

 

[sptrawler]

This is actual a great video on just general investing as well.

I will say that I think we might be coming to a point where everyone starts flogging luxury goods. I noticed people hocking brand handbags. The show pony rich are getting a rinse in this market

They always do get a rinse, the rich look at me brigade, I have generally found are geared to the eyeballs.

Also with the current turmoil that Trump has caused, it has highlighted the fragility of our economy and the middle class plus the lower levels of the upper class will be expecting a correction and be planning accordingly.

Only my thoughts, but from my experience, those most geared are the most fearful of a correction.
Usually a great time to buy Harleys, collectable cars, caravans and watches.

At the moment, everything in Australia is dependent on the price of iron ore and houses, what a mess.

I don't want to be critical and I hate being personal about politicians, but when Albo says he has "always been underestimated" he isn't wrong.

It actually shows how bereft Australia is, of quality politicians, when he is the best on offer IMO.

 

[JohnDe]

Picked up another watch, this on because I like the look and it was manufactured in the same year I was born. $250, price included a service and new crystal glass, leather strap and postage from overseas.

 

[JohnDe]

The current economic hardship must be catching up with some. A new pop-up pawn shop opened up in the city, I walked in for a look and my jaw hit the floor. Full of expensive luxury bags, jewelry and watches, all of it looked brand new. I asked my wife "is all this new stock, why does it all look new?" I don't know a thing about women's bags and purses. She said that people buy them as investments and only show them off once in a while. I've never seen new let alone secondhand handbags and watches with sticker prices of $20,000, $45,000+.

My usual shopping is eBay, Market Place and the local secondhand shop.

I like Seiko and Omega's, so they are the brands I concentrate with my research. Today I picked up another watch for my collection at a quarter of its new price and with the original box.

SEIKO 4R35-02V0 SARY113 Presage

 

[basilio]

The current economic hardship must be catching up with some. A new pop-up pawn shop opened up in the city, I walked in for a look and my jaw hit the floor. Full of expensive luxury bags, jewelry and watches, all of it looked brand new. I asked my wife "is all this new stock, why does it all look new?" I don't know a thing about women's bags and purses. She said that people buy them as investments and only show them off once in a while. I've never seen new let alone secondhand handbags and watches with sticker prices of $20,000, $45,000.

My usual shopping is eBay, Market Place and the local secondhand shop.

I like Seiko and Omega's, so they are the brands I concentrate with my research. Today I picked up another watch for my collection at a quarter of its new price and with the original box.

View attachment 197633

View attachment 197635

Well that is interesting... I wonder about the provenance of the stuff ? There are many reports of high quality copies of designer bags in the marketplace.

This would seem to be a great opportunity to sell these products as theoretically genuine.

14 Ways To: Spot FAKE Designer Bags (With Pictures) - Legit Check By Ch

The #1 way you an authenticate a designer bag is via the interior label. Carefully look at the stitching and letters.

legitcheck.app

 

[JohnDe]

Well that is interesting... I wonder about the provenance of the stuff ? There are many reports of high quality copies of designer bags in the marketplace.

This would seem to be a great opportunity to sell these products as theoretically genuine.

14 Ways To: Spot FAKE Designer Bags (With Pictures) - Legit Check By Ch

The #1 way you an authenticate a designer bag is via the interior label. Carefully look at the stitching and letters.

legitcheck.app

I did ask that, and I was told that they all come with authentication documents, some even have the original invoice. the pawn shop was an up-market shop.

As for other places of sale, it all comes down to 'buyer beware'. Research all items of interest, and then research the one found before any money is transferred, including the seller's reputation. I'm only playing with pocket money. My only hobbies are books and wine, and now watches.

A useful hint for anyone looking on eBay; if you find something click on the heart or 'Add to Watchlist', usually the seller will send an offer with a lower price. And then you make a counteroffer. nothing ventured, nothing gained

 

[JohnDe]

Look at these beauties. owning something like that is owning a piece of Japanese watch making history -

 

[JohnDe]

Picked up another watch, this on because I like the look and it was manufactured in the same year I was born. $250, price included a service and new crystal glass, leather strap and postage from overseas.

View attachment 196918

Received delivery this morning, and I am very impressed. For a watch that was made in the same year I was born, late 1960’s, it is in immaculate condition.

I’m going to try find out what the original strap style was and see if I can find one.