Market Update - more silver watches!

The new financial year has seen some improvement in supply, particularly of silver cased watches. For at least two years I have been struggling to get good Swiss and American movements in silver cases with the majority of watches being in gold plate, now the ratio is much more balanced.

There has also been a drop in the number of movements being sold for spares.

It would appear that the significant and steady drop in silver (and gold) prices since the high in 2011/12, when it was more than double the current price, has resulted in fewer watches being scrapped for their silver content which has to be a good thing!