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Retaining Value: LUXURY WATCHES TIER LIST
Description🥸 DISCLAIMER 🥸 As mentioned, this is a central European take on the situation (German here 🥨) but I do think that this is mostly accurate for places all over the world currently. If you have a different experience, let me know in the comments down below! I'd also like to point out that this is by NO MEANS indicativMore
🥸 DISCLAIMER 🥸 As mentioned, this is a central European take on the situation (German here 🥨) but I do think that this is mostly accurate for places all over the world currently. If you have a different experience, let me know in the comments down below!
I'd also like to point out that this is by NO MEANS indicative about a watches actual quality or how 'good' or 'bad' it is. Watches and their (perceived) value are highly subjective and I can understand how sometimes the market categorizes a watch in a way you might disagree with.
That being said, in a free market, the customers drives choices and prices, therefore the entire dynamic is based on supply and demand.
What ultimately makes someone buy or sell a watch is up to them but I think it is not only interesting but also important to talk about the resulting situation.
I'd also like to add my own point of view here: When buying a watch, thinking about its resell value and the price I am able to buy it for is a big part of my purchase decision. It's an expensive hobby and having a large sum of money parked in a watch isn't always the smartest idea (though the nicest imo :-D). I have to think about how much money I'd be able to "get back" in case I might fall out of love and want to sell it - mostly because that money would go straight toward a new watch :-D btw this is also a big part of why I love this hobby - once you get started, you can more or less 'work' with your initial investment and buy and sell all types of
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