3 ms·
I imagine watches are more liquid than gold bars
by NDlurker 5mo ago
I imagine watches are more liquid than gold bars
- TZubiri 5mo agoalso they seem to be a virus that wealth-chasing people catch on to
- raverbashing 5mo agoGee I don't know, they look pretty solid to me, unless they're Dalí watches /s
- rubzah 5mo agoThey're very high value by weight, very fungible, and there is much less regulation about carrying them across international borders.
- 542354234235 5mo agoMoving a six-figure Audemars Piguet or Patek Philippe watch through an airport would be much easier than the equivalent in gold or cash, even at 50% value. A watch roll with four watches in it could be the same value as 4-5 lbs of gold. If you needed something that you could cash in anywhere on the planet fairly quickly, gold would be the best option. But if you wanted max value, minimal scrutiny and had time at the other end to set up legit buyer, extremely high-end watches would be a pretty optimal option.
- deleted 5mo ago[deleted]