Comments on: Philippe Dufour Watch – Money Laundering? https://thetruthaboutwatches.com/2021/08/philippe-dufour-watch-money-laundering/?utm_source=rss&utm_medium=rss&utm_campaign=philippe-dufour-watch-money-laundering Fully Independent Watch Website Wed, 18 Aug 2021 14:10:56 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Anonymous https://thetruthaboutwatches.com/2021/08/philippe-dufour-watch-money-laundering/#comment-6122 Wed, 18 Aug 2021 14:10:56 +0000 https://thetruthaboutwatches.com/?p=16795#comment-6122 I’m no collectible speculator, but tastes and even collector demographics and solvency can be fickle. The solid track record means you’re not getting in on the ground floor.

I totally believe that a good portion of the high end horology boom market to be the upscale equivalent of hookers getting paid in pre-paid cards.

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By: bode https://thetruthaboutwatches.com/2021/08/philippe-dufour-watch-money-laundering/#comment-6121 Wed, 18 Aug 2021 13:43:10 +0000 https://thetruthaboutwatches.com/?p=16795#comment-6121 In reply to Will.

Yeaaaahhhhh…but what outsiders don’t understand about these markets is that if you can’t spot the fish at the table, you are the fish.

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By: Will https://thetruthaboutwatches.com/2021/08/philippe-dufour-watch-money-laundering/#comment-6120 Wed, 18 Aug 2021 00:54:09 +0000 https://thetruthaboutwatches.com/?p=16795#comment-6120 In reply to bode.

Not really. If you can get something from someone famous who’s dead, then you have something unique since they can’t make any more. This is the problem with watches per se since they always are making them. Now from a defunct brand or with someone famous, it’s a different story. Van Gogh’s will never significantly drop in price.

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By: bode https://thetruthaboutwatches.com/2021/08/philippe-dufour-watch-money-laundering/#comment-6119 Tue, 17 Aug 2021 23:08:22 +0000 https://thetruthaboutwatches.com/?p=16795#comment-6119 It is what it is, but collectibles, antiques, and art as an investment (or for money laundering purposes) is a terrible idea.

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