Do you two have history? Why are you giving him such a hard time? He seems sincere in asking the forum for advice and sharing his story; Not sure anything he said deserves this level of criticism.

If the Tudor Black Bay 58 has any appeal to you, take a look at this Glycine Combat Sub.

https://www.gnomonwatches.com/produc...ilt-ref-gl0401

There's actually a way to buy watches and have them keep their resale value over time. I know some people who made a killing because of covid price jumps. You can swing-trade watches but just understand that you might get stuck holding the bag for a while. Don't sell when it's down so much. Inflation alone benefits you if you keep everything in good shape and only stick with brands that keep their resale value. (I'm not reading your wall of text and I am assuming you are not buying new. If you are buying new, none of this applies to you.)

There's also the possibility that you don't negotiate well when you are buying and selling. Unless you desperately need the money or the watch, hold out for a good deal. Treat it like poker and only make a move when you're in a favorable spot. The research it takes to do that is basically watch porn, which everybody loves.

I'm not saying this to insult you or discourage you, but to help you keep wearing a nice watch, as a gentleman should.

Does this actually make sense as an investment though?

1) Seems to be based a lot on greater fool theory - people buying things they would never otherwise value as highly as the price except for the expectation that there will be a greater fool to sell to later.

2) Kids don't wear watches anymore, and large numbers of them probably won't as adults, so there will be nobody to offload these collections to later on.

3) New collectible watches come out every year.

So that adds up to increased supply but static demand > prices should fall or fail to keep up with inflation long term.

Change my mind.

No, just stating ways of lessening the cost of owning watches. It can go up or down but it's not a terrible store of value if you can be patient with entry and exit points. But make no mistake, it's not a wise investment if the only goal is making money or storing value.

Maybe I wasn't clear in my intention, but this poor guy lost a ton on watches, and I was just pointing out that there's a better way to buy and sell, wear some of your goal watches, and not take a bath on the whole thing. The value goes up and down and he's getting in high and exiting as low as possible.


This is very possible, yes.

Not relevant in this situation.

Lots of what you're saying is correct. Some of it isn't. They're not making any more '65 Mustangs, for example. But overall I don't disagree with you. You have to be willing to lose money if you want to wear a big-boy watch.

NEVER try and swing trade timepieces... you're going to loose your arse.

OCCASIONALLY you can get lucky and get access to a piece that will net you some value, but that is in the one percentile.

Even established secondary market watch sellers and flippers are getting killed these days... just don't do it.

buy what you love and are willing to keep and just be aware that 'SOME' timepieces will depreciate at a slower rate than others... and if you are lucky, you will find one that appreciates.

end of story.

you sir, just described 99.99% of ALL INVESTMENTS... Including housing, antiques, art, most public stocks, precious metals, etc etc etc.

Labeling something as being 'Greater Fool' is straw man foolery.