I collect watches worth >$100k and I promise you that most collectors in this range are just watch nerds that have more money than they know what to do with.
Singapore is a big watch market because it has a very tight knit and wealthy collector community.
Margins on most watches in this range are around 10% on the low end. I wouldn't call that razor thin.
Singapore is a big watch market because it has a very tight knit and wealthy collector community.
Margins on most watches in this range are around 10% on the low end. I wouldn't call that razor thin.