I personally expect them to fall significantly more over the coming months and years.
The whole market was fuelled by a mad hype to own the latest fashion item, a luxury watch, and to make a quick buck by flipping watches.
Fashions and fads pass fast. I expect in a few years to see very few active members on here with ‘20-‘22 registered accounts.
Next, the profit of flipping is almost entirely gone on most models as the brands maximise their profit, and greys pay low for watches.
As such the demand fuelling everything will disappear, and the watches will start to be available at retail more and more readily. This will force grey dealers to drop their prices or else they just won’t sell.
Just my view on your Q.
