Comments by "Neodym" (@neodym5809) on "Watch Market Collapse! Why Did Secondary Market Prices Fall So Much?" video.

  1. Two different segments. You would not compare Toyota to Rolls Royce.
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  2. I disagree. Unlike crypto, a watch has a function: telling you the time. So it is never worthless
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  3. If they are in good shape, and a desired model, you can still sell them for a decent price. Maybe even with a little profit compared to retail.
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  4. Just a question: if you are ever mistreated in an Apple Store, will you never buy a smartphone or smart watch ever again? As there are many other brands besides Rolex, as there are besides Apple.
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  5. Rolex is not obscene luxury, but affordable luxury. You do not have to be a millionaire to afford one
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  6. But watches are not declining. The market for mechanical watches is rather stable.
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  7. Same mechanics at play.
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  8. For authenticity, there are papers. Regarding smart watches: they cater to a different market segment. Automatic watches are technical obsolete since the quartz movement (so some 50 years), but stuck around as there are people valuing them. Not only as a signal of wealth (there are many automatic watches far below the $1000 price tag), but for other reasons (valuing the mechanic elegance, a fashion statement…). They will stick around, as they have a market. They will coexist with smart watches.
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