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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
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29 January 2020, 10:57 AM
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#1 |
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Banned
Join Date: Dec 2014
Location: NZ
Posts: 2,600
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Rolex Inflation
1964: You can buy an underwater watch for $39.95. This Rolex is $195.
2020: You can still buy an underwater watch for $39.95. The Rolex will now cost you $7,900. 
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29 January 2020, 11:00 AM
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#2 | |
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2024 SubLV41 Pledge Member
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 126333
Posts: 10,666
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Quote:
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29 January 2020, 09:31 PM
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#3 | |
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2024 SubLV41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,126
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Quote:
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29 January 2020, 12:19 PM
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#4 |
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"TRF" Member
Join Date: Jul 2015
Real Name: Ty
Location: West Coast
Watch: the time fly!
Posts: 1,493
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Or over $10k if you buy grey.
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29 January 2020, 12:22 PM
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#5 |
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"TRF" Member
Join Date: Oct 2017
Location: East coast
Posts: 6,660
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And the Rolex in the pic 30k lol
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29 January 2020, 02:02 PM
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#6 |
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"TRF" Member
Join Date: Jul 2019
Location: Canada
Posts: 300
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It amounts to 1608$ in today's money. So it leaves a few Grands for: prestige/value retention/quality (in an era of disposable things)/service network... Really not a bad price if you ask me for a new Rolex.
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29 January 2020, 09:26 PM
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#7 |
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2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 21,194
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Apples and oranges imho.
Plus it is not that 'price' has gone up, it is the value of central bank product (aka currencies) such as Dollar, Yen, the new Euro, etc have been highly devalued. Sadly, income has not kept pace with currency devaluation by central banks.
__________________
__________________ ----> Was Great Seeing Everyone At The TRF December 9 Tampa Meetup <---- https://www.rolexforums.com/showthread.php?t=968133 Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
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29 January 2020, 09:32 PM
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#8 |
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"TRF" Member
Join Date: Jan 2018
Location: Middle East
Posts: 1,808
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S&P was $76.45 in 1964. Today it’s sat at $3,276. Swings and roundabouts comes to mind.
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29 January 2020, 10:15 PM
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#9 |
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"TRF" Member
Join Date: Oct 2019
Location: UK
Watch: BB58
Posts: 64
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You could buy bread for pennies.
now it costs more. The difference really is that bread hasn't changed. The process and the ingredients are much the same, as is the end result. If you compare a 60's Rolex with a current Rolex, the build quality is different. The movement is vastly improved. The way of manufacturing has been streamlined. Inflation counts for a huge variation. But the product quality is totally different.
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Inevitably, eating cake somewhere.. |
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29 January 2020, 10:30 PM
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#10 |
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Banned
Join Date: Jul 2019
Location: Eastwest
Posts: 1,322
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All of the Rolex “is not an investment” posts to follow....
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29 January 2020, 11:06 PM
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#11 | |
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"TRF" Member
Join Date: Oct 2019
Location: Switzerland
Posts: 434
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Quote:
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