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I dare say that as they are already very expensive
There is lesser room for growth unless it's really rare and very unique from the dress.
Who would pay for a common vintage calatrava (for eg.) if they are priced 100k upwards if you use the normal inflation to adjust a today's value?
Rollie on the hand is different. They are really more affordable vs patek then.
Eoru vs. Dollar
By: William C : March 8th, 2010-13:30
I don't recall the conversion factor at that time, but I am fairly confident that the Euro cost less than a Dollar. I recall a trip to Austria wherein a Euro was approximately 75 cents. 2001 or 2002? Might this be part of your answer? William C
CHF
By: Bruno.M1 : March 8th, 2010-22:09
We should look at the Swiss Franc, EUR/USD doesn't matter because when they leav the factory the price will be quoted in CHF But that might indeed be a part of the reason
Expensive is always relative
By: =RWK= : March 8th, 2010-17:14
Over the last 13 years we have lived through a huge bubble. What I do not like is the inelasticness of prices. We saw global markets loose ~35% of their value, yet whether it is Patek Philippe, petrol or steak, we do not see these prices follow the market...