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18 October 2024, 10:46 PM | #1 |
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Price increase ?
I feel because of the price of gold going up. It may be warranted for another price increase, but I think all the watch companies are holding off raising prices because of the soft nature of the business right now. What does everyone else think?
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18 October 2024, 10:48 PM | #2 |
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Price increases are always coming, regardless of the price of gold.
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18 October 2024, 10:52 PM | #3 |
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18 October 2024, 10:59 PM | #4 |
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I would expect a substantial price increase early next with a view for Rolex to slowly close the gap between retail and used market prices on the hyped models. As long as people will keep paying the increases, the increases will keep coming.
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18 October 2024, 11:00 PM | #5 |
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It's not gold going up, it is the CONfidence in currencies going down. Said another way, the currency is worth less each passing day. Like the cost of food and things of intrinsic value, and BTC too as it needs to be 'mined'. So yes, as priced in a currency based on confidence, prices 'go up'.
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18 October 2024, 11:30 PM | #6 |
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In forty years of buying Rolex their price increases have never been tied to inflation. It used to be that global prices were tweaked so that the price of a watch was basically the same worldwide.
The US went almost a decade without a price increase but over the last five years we’re mostly back to the yearly increases. Meanwhile Rolex and its ADs are making plenty of money, gold prices have little effect on that. |
19 October 2024, 12:07 AM | #7 |
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Prices will go up they always do
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19 October 2024, 12:46 AM | #8 |
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Have prices at retail ever gone down?
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19 October 2024, 02:53 AM | #9 |
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19 October 2024, 02:54 AM | #10 |
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19 October 2024, 03:12 AM | #11 |
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Gold price Not effecting the price????? Where can I get some of that gold at old prices?
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19 October 2024, 03:24 AM | #12 |
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Definitely gone up. I was slightly shocked that the TT explorer is now over 13k including tax when I picked it up yesterday.
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19 October 2024, 07:08 AM | #13 |
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We had a price increase in Jan and June 24 where I live. A TT Sub for example now retails at a whopping 17k... Cost me 13.6k back in 2020. Only 50 grams of gold. It's getting brutal.
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19 October 2024, 08:16 AM | #14 |
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Gold at another all time high
Yet, I believe that increases are not coming because of the softness in the luxury market
. Maybe if inflation kicks in again , then increases may happen. Or, if the U.S. dollar continues its weakness |
19 October 2024, 08:55 AM | #15 |
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In b4 someone blames Biden
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19 October 2024, 05:10 PM | #16 |
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There was already a big price increase only for gold models this year. Can’t see Rolex pulling another one off soon.
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19 October 2024, 07:21 PM | #17 |
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19 October 2024, 07:52 PM | #18 |
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19 October 2024, 08:13 PM | #19 |
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In Jan 2024 , the US did not get a price increase
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19 October 2024, 11:22 PM | #20 |
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20 October 2024, 12:36 AM | #21 | |
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Quote:
Luxury Bazaar Sent from my iPhone using Tapatalk |
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20 October 2024, 01:31 AM | #22 |
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First link I could find. Too lazy too search the forums for the thread
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