The Hour Glass

[Big Toe]

Yes. That much is true about severe shortage for many collectable luxury items, not just watches. The shortage not only is causing prices to rise, it also means that those who cant wait(usually at least a few months) will have to settle for less desirable models. (aka old inventory) More old inventory is cleared during this pandemic than all of the last 3-5 years if my sources are accurate.

For certain high value luxury items, the usual walk in to see if there is a crowd does not apply. It would usually be by appointment basis. Also the more desirable models do not need to advertised or displayed. The waiting list is usually very long and supply wont be able to cater to demand. The challenge is to bring in ample stock of desirable items and that is hard. So it may not be possible to meet the high demand with inadequate stock. 

For ultra high net worth clients, some luxury shops will deliver the whole boutique to the doorstep for them to pick and choose. the wealthy legs are too precious to walk out, especially during this pandemic.

Now you know.