ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
16 October 2019, 12:12 AM | #1 |
"TRF" Member
Join Date: Jun 2019
Location: UK
Watch: JC Deepsea
Posts: 136
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Rolex prices post Brexit (Not an investment thread)
Hi all,
I currently have a 4 rolex collection and I am quite content with them (for someone who gets bored easily this is a big thing). JC DS, SD 16600, Bluesy pre-ceramic and SD43 mk2. I have not been too enthused with many of the recent Rolex offerings and also find the AD game painful. I do quite like the discontinued white gold skydweller with black dial and white inner ring and also have the hots for a 1680 red sub and a 1675 to scratch the vintage itch. For some reason I am not a big fan of the hulk, pepsi (although I do like the mk3 colours) or the batman so have avoided some of the hype. That said my kidney is on offer to be first on the list for a new coke gmt I have spoken with a few dealers (uk based) who have said the market has softened and unless it's a must have / long term hold (I am not a flipper in the sense of buy at retail and turn a profit but I guess I am in the sense that I have bought and sold / traded a tt daytona, another 16600, a 16710 pepsi and an SD43 mk2. In all instances I traded for another watch) then don't pick it up just yet. The reason I mention this is I like to chop and change as I get bored easily which luckily has not been too costly. But the dealers have told me if I buy now and want to change in 6 months the landscape may look very different. Whilst I do not view my collection as investments, I also don't want to buy something at 10k today, change my mind in 6 months and find it's worth considerably less. So I just wondered what peoples thoughts are. On one hand economically the bubble has to burst if the world enters a recession. On the other hand with the choke on supply maybe Rolex is resilient enough to weather the storm? I am leaning toward observing the market with a price I would be happy to pay for the 3 watches I would consider. What are your thoughts on watches post Brexit? |
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