The Booming Covid-19 Vintage Watch Market
Thesaleroom.com, an online marketplace for art, antiques and collectables auctions, has also seen a significant increase in demand for vintage watches, in the time that the UK has been in lockdown. Demand for Rolex watches is up 11 percent in the month since March 26, with Tag Heuer up 19 per cent and Blancpain up 37 per cent, according to trade title WatchPro. Meanwhile Chrono24, another major pre-owned watch retailer, last week announced sales were 13 per cent higher compared to pre-Coronavirus crisis... More here.
I can see the high-end vintage going up a lot, the mid-range going up a little and new watch sales tanking for many brands, especially the low end.