This episode is also available as a blog post: http://screwdowncrown.com/2021/11/20/do-you-miss-depreciation/

I recently had a fascinating conversation with “D” @dooboolooabout his new Furlan Marri watches, contrasting them (perhaps surprisingly) with his new R. W. Smith “micro architectural wonderland” which he recently took delivery of, after a 5 year wait! We then got onto the topic of how depreciation has changed the collecting mindset… and this post gives us a glimpse into collecting in what I call the “endgame league” – I’m sure D will disagree! I hope you enjoy the perspectives.