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Slow Saturday. Hope everyone is safe and well.
Any KPMG watch people here? If so, check in!
Get ready for the future, boys! 😁
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OP - don’t take this the wrong way, just some advice from someone much older. If all you got in the bank is less than $10k, maybe you should consider investing that for the future first (watches are not investments, it’s a luxury). Wait until you are a bit more established, got a bit more savings before considering such large purchases. Don’t try to keep up with the Jones. Now, if you are from a well to do family, ignore all this, buy now or wait until you are ready to buy. There will always be another limited edition and something nice, this is how these companies keep people interested.
In that case, go for it. Only live once. 👍
Given that the grey dealers sell that model new for ~$5.5k and the fact that GS releases limited edition series all the time - I would not be too worried for a price increase
Try somewhere like davidsw or jomashop if you don’t mind buying grey and foregoing an in-person experience at a retailer/AD
I worked at a Grand Seiko AD for six months; this watch is beautiful and one of their best. That said, no Grand Seikos have appreciated all that much (maybe the original dial Snowflake is the only example, and even those don’t go for much over retail). It may take some patience but the SBGH267s pop up from time to time, and I don’t think you’d have any trouble in six months finding a good example for a good price
Thanks for the info!
I have the cash now, but I’d like to save up for it and make the purchase sometime between Nov-19 and Jan-20.
Buying now would mean liquidating my strategic cash reserve (that I use for investment opportunities).
My question for the group is this:
1. How likely do you think it is that the price will increase over the next 6-12 months from the current market price of around $6-6.5K?
2. If the price does increase, what do you think is the worst-case scenario and what do you think is the most likely scenario (I.e. how much do you think it could increase)?