there is no mystery as to why young collectors are not interested in the plm, they cannot afford it! very hard to cultivate a passion for something you cannot ever see yourself owning.
and the few that can afford to collect at this level will be mostly drawn to patek, ap or rm. those are always the first names on the list, and if you’ve got this much to spend then you never have to move down the list.
as for what the auction result might portend for the lange market, my personal wish is for it to go low and bring the market down. i’d like to buy a fourth lange someday and the cheaper they get, the sooner it will happen.
Thanks for the comment. That's a good point that I hadn't considered- it is hard to relate to a watch you can never see yourself owning. I would however push back a bit and use the Patek 1518 or 2499 as examples of watches I could never see myself owning (due to cost), but are probably two of my favourite watches ever made and the interest in them from the watch community is huge!
patek are always the first name on the list, like i said. and a vintage watch with decades of stories behind it (the recent lennon story for one) is a different matter.
the tourbillon plm was never such a well known watch to begin with. if i think of when i became aware of this model, it was several years after i learnt about the 1518 or 2499. i’m guessing that must be the case for most people.
there is no mystery as to why young collectors are not interested in the plm, they cannot afford it! very hard to cultivate a passion for something you cannot ever see yourself owning.
and the few that can afford to collect at this level will be mostly drawn to patek, ap or rm. those are always the first names on the list, and if you’ve got this much to spend then you never have to move down the list.
as for what the auction result might portend for the lange market, my personal wish is for it to go low and bring the market down. i’d like to buy a fourth lange someday and the cheaper they get, the sooner it will happen.
Thanks for the comment. That's a good point that I hadn't considered- it is hard to relate to a watch you can never see yourself owning. I would however push back a bit and use the Patek 1518 or 2499 as examples of watches I could never see myself owning (due to cost), but are probably two of my favourite watches ever made and the interest in them from the watch community is huge!
patek are always the first name on the list, like i said. and a vintage watch with decades of stories behind it (the recent lennon story for one) is a different matter.
the tourbillon plm was never such a well known watch to begin with. if i think of when i became aware of this model, it was several years after i learnt about the 1518 or 2499. i’m guessing that must be the case for most people.
Again, excellent and thoughtful discussion about the Lange market. Thanks for that
Thanks for reading and commenting! Really appreciate the support 👊🏼