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This is just what happens
In Response To: Peak Autavia ()

When the price of a collectable goes up as much and as fast as Autavia prices went up we all know the market will change. It happens with watches. It happens with cars. It happens with Art. It happens with all collectibles.

When somebody publicly buys a collectable...like an all lume 2446 for 20 times what seemed normal just yesterday, people start to think their "similar" stuff is worth that much. Stuff comes out of the wood work. It may end up that some of the stuff that comes out on the market is actually worth that much. Demand may actually be there for a certain amount of time and for the really good stuff. Long time collectors are stunned that Rolex 1675 GMTs are worth 3 or 4 times as much now as they were not that long ago....but they are only worth 3 or 4 times as much. A few years ago that 2446 all lume may have been worth 5 grand on a really good day....then it went for 20 times as much. To think that is sustainable or to think that crummy examples were actually worth that much is to not understand how markets work.

Your stuff is only worth a real amount on the day you sell it. All it is worth on every other day is the pleasure it brings you.

Sorry if I ranted,

JohnCote

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