Or, everything else should cost less. Here is my glashutte original panoreserve. I love it. I have known about GO for awhile but hadn’t really looked at it as an option. Last year I went to Watch Time NYC and they had a booth there.
First, quality was nuts. Seeing it person they’re so much nicer than what pics portray. Most impressive watches there for price I saw.
Second, everyone was so friendly and non judgmental. By comparison the guy at Breguet booth was such a pretentious douche bag it’s put me off the brand a bit.
Anyway, went and bought my own shortly after. I put a sickly mint strap that gets dirtier and more moody looking everyday, just the way I like. It’s manual wind and I like that I get to spend 15 seconds winding it everyday I wear it.
I'm not used to watch prices, isn't that a lot of depreciation from retail price? Especially that it's still in minty condition.
Why would an used, and frankly overpriced at the beginning, object hold it's value well?
It's not depreciation but rather what they are worth to the market new in the first place (like a discounted price) They are a bit underrated but aesthetically and quality wise they have all the elements of a well liked piece and my bet is they will actually appreciate over time.
Therefore I think it's a good time to get one while they don't become stupidly overpriced.
The vast majority of watches are like cars - massive depreciation as soon as they are unboxed. The only watches that don’t depreciate like this are those that are not readily available at retail (mainly Rolexes and the Patek and AP sports models).