I posted some of this in the other thread.
Invicta is lowering the selling price dramatically on some of their reserve pieces. I along with many other consumers were under the impression that they were not going to drop the selling price on the reserve pieces or at least not by much. My Reserve Speedway dropped from about $500 to now $300 seriously devaluing my piece.
Now for those who want a real nice reserve piece at a much better price, now is a pretty good time since they are lowering the price dramatically on some of the early designs. I guess they do what they gotta do to get rid of the old inventory. But that means buyer beware if you think your reserve piece is going to hold its value, because the reserve quartz version of the speedy just lost over a 3rd of its value.
Now I don't purchase my pieces as an investment. I buy 'em to wear and enjoy, but it s*cks to know that I could have had the same piece a year or two later at a much cheaper price. What was once an X dollar watch is now a Y dollar watch. I'm not one who flaunts the price, but for some strange reason I look at my wrist and think, "Baby, you just ain't as valuable as you once were!" I guess I'm half-kidding on that one.
IMO, Invicta has tainted the elite image they were trying to give their reserve line by these price reductions. Whenever anyone buys a reserve piece they should have in the back of their mind that it's value might drop like lead!!!