Comments on: The GMT+9 Auction Watchlist #9 http://www.gmtplusnine.com/2008/04/15/the-gmt9-auction-watchlist-9/ Japanese Watch Enthusiasts Thu, 20 Nov 2008 21:49:13 +0000 http://wordpress.org/?v=2.0.11 by: petew http://www.gmtplusnine.com/2008/04/15/the-gmt9-auction-watchlist-9/#comment-2103 Sun, 20 Apr 2008 12:04:10 +0000 http://www.gmtplusnine.com/2008/04/15/the-gmt9-auction-watchlist-9/#comment-2103 Hi Heat and ptolmey, First of all, thank you ptolmey for the occasional heads up. Heat, I'm with you, I will never sell my one buttons or 10th Anniversary LM. I actually sold a one button once many many years ago. It was pretty much mint, and it was hard to sell at $350.00. A common friend of ours now has it and is taking good care of it. Although generally speaking, watches aren't good investments, I think if you have exceptional examples of landmark models from just about any major brand, you will probably not lose any value with that watch overtime. Thanks for reading guys! petew Hi Heat and ptolmey,

First of all, thank you ptolmey for the occasional heads up.

Heat, I’m with you, I will never sell my one buttons or 10th Anniversary LM. I actually sold a one button once many many years ago. It was pretty much mint, and it was hard to sell at $350.00. A common friend of ours now has it and is taking good care of it.

Although generally speaking, watches aren’t good investments, I think if you have exceptional examples of landmark models from just about any major brand, you will probably not lose any value with that watch overtime.

Thanks for reading guys!

petew

]]> by: heat http://www.gmtplusnine.com/2008/04/15/the-gmt9-auction-watchlist-9/#comment-2098 Fri, 18 Apr 2008 03:54:16 +0000 http://www.gmtplusnine.com/2008/04/15/the-gmt9-auction-watchlist-9/#comment-2098 Pete. Interesting report. Although I would not sell either my 10th Anniversary Landmaster or my one button chrono' it is comforting to know that they have appreciated in value. Conventional wisdom seems to be that one should never buy a watch as an investment. Vintage pieces have probably done better recently than the products of most financial institutions. One watch dealer has offered me a buy back at the sale price +10% on selected vintage watches. I suspect that "real things" such as vintage watches will continue to do OK in the future. Cheers, Greg Pete. Interesting report. Although I would not sell either my 10th Anniversary Landmaster or my one button chrono’ it is comforting to know that they have appreciated in value. Conventional wisdom seems to be that one should never buy a watch as an investment. Vintage pieces have probably done better recently than the products of most financial institutions. One watch dealer has offered me a buy back at the sale price +10% on selected vintage watches. I suspect that “real things” such as vintage watches will continue to do OK in the future.

Cheers, Greg

]]> by: ptolemy http://www.gmtplusnine.com/2008/04/15/the-gmt9-auction-watchlist-9/#comment-2097 Thu, 17 Apr 2008 23:24:03 +0000 http://www.gmtplusnine.com/2008/04/15/the-gmt9-auction-watchlist-9/#comment-2097 hey pete:). i am also suprised that 6215 sold for ONLY, that much. it could have easily sold towards 400k barrier. there was another scubapro that sold for about 70k yen few weeks ago. that one was from late 70's though. it was interesting since i was under an impression that scubapro was a LE from 1999 or so of 250 copies... as usual, thanx for giving us a heads up, alot of these watches, i seen without having a idea of the history. :) hey pete:). i am also suprised that 6215 sold for ONLY, that much. it could have easily sold towards 400k barrier. there was another scubapro that sold for about 70k yen few weeks ago. that one was from late 70’s though. it was interesting since i was under an impression that scubapro was a LE from 1999 or so of 250 copies…

as usual, thanx for giving us a heads up, alot of these watches, i seen without having a idea of the history. :)

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