The demand by Collectors, fashion minded, and bargain conscious customers for Vintage watches is on the Rise for a number of reasons.
The vintage watch industry is currently a very large industry and it is growing at a very fast pace based upon the realization that vintage watches are:
- more affordable than new watches
- are eco-friendly “Green” since they are considered recycled
- becoming more popular and publicized based upon exposure via celebrities, the media, and television shows such as the Antique Roadshow
- limited in supply and availability
- unique and distinctive in design
History has shown that even in a down economy vintage watches continue to be in demand for collectors and new consumers, and since vintage watches provide more value for the money, vintage watch sales are actually currently growing at a rate that exceeds the rate of new watches.
The trend of vintage watch consumption is now an international phenomenon and with the internet, sales are growing at a very fast pace. The more inventory and more diverse inventory of vintage watches a business has directly correlates to increased sales and profitability.
The demand for new watches has trended downward since the recession beginning in 2008, but the demand for pre-owned watches is actually trending upward due to the fact that pre-owned watches can be purchased at a fraction of the cost of a new watch and that there is a new awareness and demand for collecting vintage watches. A recent July 7, 2011 New York Times front page of the Styles section article, titled “Tick, Tick, Tick, Chic”, addresses the trend of an increase in men in their 30’s “turning back” to wearing watches, especially vintage watches.
Attendance at recent watch shows, both those restricted to only watch dealers and those open to the general public, where pre-owned watches are sold, have had dramatic increases in attendance with the number of attendees exceeding historical numbers and breaking attendance records. New markets, such as China and Korea, are gaining vast interest in pre-owned and vintage watches which is evident by representatives of these countries beginning to attend US and European watch shows.
Do not miss the opportunity to obtain the Vintage watch you want! Please visit Second Time Around Watch Company’s website (http://www.secondtimearoundwatchco.com and specifically the Watches For Sale( (http://www.secondtimearoundwatchco.com/watches ) section of our website where we offer a unique selection of one of a kind and hard to find mens and ladies RARE and Collectible watches.