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  • My bad. For some reason Google kept returning different watches.

    Re appreciating in value. Long term I'm sure a Rolex GMT is a good bet. But right now it's peak GMT fever, after a great stock market run, a good 10yrs after the last recession, not long before Brexit is going to be implemented, with a nutter in the White House.

    For those reasons I'd be hesitant to pay a premium for something that I wanted to see a return on.

  • Re appreciating in value. Long term I'm sure a Rolex GMT is a good bet. But right now it's peak GMT fever, after a great stock market run, a good 10yrs after the last recession, not long before Brexit is going to be implemented, with a nutter in the White House.

    For those reasons I'd be hesitant to pay a premium for something that I wanted to see a return on.

    It's a funny situation though - we (may) be about to inflict 2008 on ourselves, but no-one else is going to get hit.

    I suspect we'd see significant arbitrage keeping prices in the UK up for valuable/luxury goods (to an extent) with foreign demand, especially as our currency flounders.

    Cars are somewhat protected due to RHD/LHD, but I've spoken to a couple of German chaps who said that for e.g. a GT3-RS at ten grand under the market would make them happy to get into the wrong side of the car.

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