I’m checking out some recent government auctions and they have a decent set of watches. Price wise, figure they are going for half their going price (selling used). Is this a good way to get into watch collection? I’d ultimately like to have a nice set of watches that I can show and display, gain value over time and have something potentially to sell for profit in the future.
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Hit or miss but yeah you can absolutely find some really great deals at auctions and estate sales
If you’re smart about it and don’t bid on literally everything that crosses your path, sure.
Sure, that’s one way to go about it. Tons of other people troll those auctions.
It’s certainly plausible and I’m sure there’s a number of people who can make good money off it. However if you’re not a collector and expert already you’re probably going to lose a lot of money if you’re trying to make a profit.