Motty
190
There is no shortage in ROLEX!!!!
If you look at the image I attached, you see that Chrono24 has almost 90,000 Rolex watches for sale!
Compared to MB&F that has 38 watches for sale!
As you see, there is more than enough watches but not at the price point that you want, well if you want a stock (let’s say Amazon, you don’t pay the price of the actual stock, you pay for the demand, and hype) you gotta pay the price for it, not list price!
You also have to look at it in a different prospective 1 usd was worth much more in 2015 than in 2022 reason is because of inflation, higher pay checks, shortage in workers, great economy, all these make a Rolex much more affordable now then 7 years ago, which means that Rolex is not up to par with their value vs pricing and therefore the secondary market has to play the role it plays, which means a submariner should be priced as a VC oversees!
What do you think??? 🤔
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Interesting Article in Hodinkee
I don't associate Rolex as a millionaires watch.
This is exactly right
Are there too few Rolexes or too many credit cards?
There is no shortage in ROLEX!!!!
No judgements here…
I did, but I don’t agree with it, look at the facts
Neither. There is too much easy money and liquidity…
Agreed. The interest rate pendulum is swinging back the other direction. How far and quickly it swings will impact luxury goods.
Combination of beautiful watch with
Rolex? Really?
Yes …for me it’s Omega Seamaster PO Chrono