1 min readMay 7, 2020
Great article!
Also, some investment grade luxury goods see a temporary discount when the economy goes south. As a member of the Cartier family once remarked “The stock market is a barometer for jewelry sales.”
Sometimes you can “buy the dip” on certain high-end goods which bounce back again. Secondhand Rolexes, for instance, are down from $15,000 to about $11,000 for certain models (Submarine Hulk).
Saving $2,000+ on a watch or earrings is a great bargain if you have the cash for it.