Collected Man has posted an interesting interview with one of the world's top watch collectors, John Goldberger -- HERE.

Favorite passage:

The introduction of Internet, particularly the emergence of Ebay in the mid-1990s and lately of Instagram, profoundly changed the world of watch collecting, but now the democracy of the web created a new generation of collectors but also collectors who are a bunch of “frantically informed idiots”. Within the last 20 years the community of watch collectors and dealers became even closer and more interwoven, with huge amounts of information exchanged, which is readily available due largely to the internet. The Internet has enabled a significant percentage of the world’s population access to relatively arcane and esoteric information like watches and horology. Due to the discussion forums, then blogs, and now social media, there is a now a large global online audience ready and hungry for any information pertaining to vintage watches.

When we look at the laws of supply and demand, and realize the increase in demand that we have seen over the last few years (and the fixed supply of these scarce assets), perhaps we begin to understand the increase in prices.

Jeff