Well, I don't know if I have ever been at the top.
But I agree with you.
AND...I finally agree that it took an event horizon to bring watches into an investment arena.
I will concede that Lange failed.
Patek, nope, better to buy shares etc...it is hard to sell if you have to keep everything frozen in time.
Try selling at anything comparable to other collectables.
BUT with GF's 100 per annum, and sequential and clear transparent accounts open to the public, and the strict 11 or number policy.
One wonders how many thousands of Pateks or etc brands have been made.
Now, even after 25 years, we will be looking at 2500 to 4000 pieces of superlative pieces, each equally superlative.If not MORE.
And for the 11 invention level pieces, I will advise a look at the Dragon Chair by Eileen Grey in 2009.
Pits of recession, plus total nightmare in authentication, and yet.....!!!
So...will watches be investments?
No one knows.
But...I certainly invest in family and friends. But I collect to enrich my own life.
This Greubel Forsey, UN, MB&F, Vianney, Urwerk, Rolex, Omega...have colored my geeky life.
My luggage is a testimony to my modest new life....to save for Greubel Forseys...old or new.
I suspect old will cost MORE.