Sunday, 17 May 2015
May Market Update - supply still declining!
For the first time I can remember mid range Walthams are becoming hard to get hold of and, perhaps due to the declining scrap value of silver, silver cased watches are generally outnumbering those in good rolled and filled gold.
Due to my enforced shut downs in December, February and March, stock levels are currently good with some nice English watches available (pictured is a nice "Bank" watch by J.W. Benson, 1920) and with more silver watches and half hunters than I have had for a long time, but my back log of Swiss and American watches is lower than it has been for several years which does not look good for the winter when I would normally be doing 20% - 30% more watches than during the summer.