In March 2018
Much discussions over on OF on this subject here. Here is my bullet points as I see the market:
- The best examples are held by collectors who are not selling
- Most watches on the market are sold by dealers or collectors who like to churn thier collections for profit.
- Dealers continue to ask higher prices, but they may or may not be selling
- Private sellers are asking too much as well
- If you want to actually sell a speedmaster, it will sell for more than 12 months ago, but not as high as some are asking
- The 1970’s Speedmasters are hard to find, demand is rising and I expect these to rise in value, but not by a huge amount as they are not much to begin with
- 2998 prices are all over the place. Lack of extracts and difficulty to verify is making buyers nervous of the very high prices ($100k) asked by some. A 2998 will still sell well for under $30,000
- 105.002’s are so hard to find – so few have sold its very hard to know what one would sell for today. Possibly in line with a 2998-61/62
- Oddities, like blue dials and racing dials, NoNasa, BA145.022-69, and the Soyuz are all selling like crazy – these are quite a different market to the black dials – so they should be when you think how few there are.
- There are very few nice watches on the market at the moment
- The watches that are available, need to be inspected closely