Keep Calm And Continue Collecting: Advice For An Up And Down Watch Market
Now, it seems fairly evident that we are on the down slope of either a cyclical correction in prices or, if one takes a less optimistic view, a permanent loss of watch value as the mechanical timepiece industry faces a variety of challenges and potential disruptions. So what’s a collector to do? And what lessons can we draw, both from recent watch auction results and the history of other luxury categories, to guide us?