Sunday, 16 November 2014

November Market Update:

The first paragraph was published on the web site on October 19th and is repeated here for background:

Following some months with very limited availability of high quality English watches I have managed to find a few really nice ones in the last few weeks but supply of watches generally has been difficult and I am now attacking my rather long back log of medium to good quality Swiss watches and revisiting some watches that previously proved... recalcitrant when I did not then have time to investigate in depth.

November:

It is now the middle of November and the supply situation has gone from bad to worse, there is little on offer and despite more aggressive bidding I am getting in between a quarter and a third the number of watches I would expect at this time of year and prices have increased significantly - a Swiss made watch for Benson and a Waltham have both just sold for 50% more than I would expect and an Omega for double my maximum bid which normally would have stood a reasonable chance of winning.

I had hoped that sellers were holding back for the Christmas market and that might still be the case but if so time is running out. A few (expensive) solid gold watches may become available in a week or two and I still have a backlog but it will not last forever!

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