14 September 2020, 09:32 PM
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#11
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"TRF" Member
Join Date: Jul 2009
Real Name: Scott
Location: UK
Watch: ^^^ for now
Posts: 5,797
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Quote:
Originally Posted by johnjm
Why do people still believe that the greys swoop in?
Accept the fact that you are a small fish in a big pond. And there are three times as many fisherman.
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Quote:
Originally Posted by UK_
Exactly this.
People seem to not like the fact that there is now massive demand for these watches, real demand from the very large number of people who want them and have the money (regardless of what has been posted above, many multiples of people can afford them compared to the 80s, how many more are now sold in Asia?).
1 million may be produced, but it’s relative, demand outstrips that supply. Someone’s perception of ‘rare’ has nothing to do with it - it’s all about demand and supply.
Just because many are for sale does not mean there is enough supply to meet demand, otherwise prices would drop. And those numbers form Chrono are useless anyway, how many are actually watches?
Like most people I don’t know, but I don’t think greys are buying many multiples of desired SS models form ADs. What I think is happening is those who do buy, are tempted by the quick £2k they can make and flip it to a grey dealer.
There is no grand central grey dealer coordinating a world wide conspiracy to fix prices. They sell them for as much as they can get.
SS is a bit of a bubble clearly. For the ‘Everyman’ who wants to buy a Rolex, they can get a DJ, OP etc any time they want.
But I suspect Rolex is more interested in the higher end of the market, not the one off buyers.
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Past: 6239 (yes, I know... ), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR
Present: 16600, 116509, Cartier Santos Green.
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