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Is inflation also affecting vintage Heuer watches?

Dear OtD friends, after noticing how much some brands have increased prices on new watches, I started to wonder whether there's any spillover effect of that into the vintage market too.
Some brands have a policy of sticking very close to official CPI increases for new watches, others have again and again increased prices across the board - typically with a very similar percentage for all their models.
The same companies routinely also give a huge increase to prices when new models are released - even in cases where improvements from the previous models are not so remarkable, or some might argue there is hardly any improvement but just a change - i.e. for something different that per se is neither better or worse than the previous version.

What is your opinion about vintage watches? And specifically vintage Heuers?
As much as I haven't really bought any watch in ages - Heuer or else - I am starting to wonder whether different forces are at play: real (i.e. general) inflation, drying up of the supply for good vintage watches, bubble effect from the past few years that affects assets of all sorts - and how much each of them impacts the situation.
I'd be very glad to read your opinions.

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