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Old 27 October 2022, 02:15 AM   #1
superdog
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Interesting article

Not really news to most of us here though…

https://www.yahoo.com/lifestyle/role...150000968.html
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Old 27 October 2022, 02:56 AM   #2
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here... let me help you with PROPER FORMATTING of a 'quote' type post.
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You Can Get a Rolex for ‘Cheap’ Right Now

Most of us can’t afford a Rolex (or other high-end luxury watches, for that matter). But if there ever were a time that those closest to that financial milestone would be able to afford one, it’s now. According to a report from Morgan Stanley, pre-owned luxury watches have fallen in price because the market has been flooded with supply—and they are predicted to fall further by the end of the year, as well. So if ever you wanted to splurge on one, now might be the time.
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Old 27 October 2022, 03:02 AM   #3
superdog
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Quote:
Originally Posted by Mifune View Post
here... let me help you with PROPER FORMATTING of a 'quote' type post.
learn it, practice it, live it!

-------------------------------------------------------------------------

You Can Get a Rolex for ‘Cheap’ Right Now

Most of us can’t afford a Rolex (or other high-end luxury watches, for that matter). But if there ever were a time that those closest to that financial milestone would be able to afford one, it’s now. According to a report from Morgan Stanley, pre-owned luxury watches have fallen in price because the market has been flooded with supply—and they are predicted to fall further by the end of the year, as well. So if ever you wanted to splurge on one, now might be the time.
Thanks. But do prefer to post the article link.
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Old 27 October 2022, 04:24 AM   #4
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If I were able I wouldn’t use anyone other than David( pure trust) or AD. I know that’s not what the link is about I’m just saying. Good for you Gals/Guys who actually might see the secondary prices drop. Hang in there!
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Old 27 October 2022, 09:07 AM   #5
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I do not know who writes these articles, either it is wishful thinking or the large trusted resellers have not gotten the memo, their prices are in la la land.
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Old 27 October 2022, 09:29 AM   #6
GradyPhilpott
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I visited my used watch guy a couple of weeks ago and the saleslady, whom I've known for over a decade, said that price drops is what they are expecting.

Prices are still bloated in his store and the selection is not so great, but I'd be very pleased to see inventory increase and prices get down to something more reasonable.

I'm usually drawn toward the less-desired stock anyway, so it could be that there is a sea change a-coming.
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Old 27 October 2022, 09:33 AM   #7
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They've come down but they are still way above what they were.
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