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Right. But in watch collecting circles it's not as if niche watches from less desirable brands really fluctuate that much with market prices of more desirable brands. E.g. my Breitling Aerospace hasn't fluctuated in value at all in the last five or so years, despite 'the market' going wild, because they're niche and nobody wants them.
Fewer watches retain their 'watches people actually want' status in a 'slump' or 'periodic sell-off'