Low Balling....

[Speedsleev]

Originally Posted by rolex16

Crazy when it comes from members that self-reportedly have multiple decades of Rolex experience. Almost like they remember the past and don’t want it back. Not sure why. Buying a Rolex felt more special back then to me, not less.

Agree and disagree. Prior to Covid I had many pieces from my AD including a BLRO and Daytona and was still on the list for date sub maxi case, already had a no date. That watch took a year to come in and I received it right before the lock downs. Sure, its different in other parts of the country but the shortage was prior to Covid. Covid did not creat the Rolex phenom or the shortage, it just took us into an insane looney land that has no become the norm.

2017 was the last time I could remember Subs and Explore ll’s living side by side in display cases waiting for people to buy them.

With nothing else to to do, people sat on Instagram and watched the global watch market explode and wanted to be part of it.

I think we get back to a point where things on the grey market are a few K over retail and watches start flowing back through AD’s to good normal customers with disposal income and the ones that did not get hammered too hard on their 401K like 2008 etc etc.

I think the days are past us a bit of people that struggle to pay the gas prices and are at the same time trying to max a out a credit card to flip modern hype Rolex’s. Eventually those two scenarios existing together fail to coexist. It could actually be refreshing to see people buy a watch they want and actually wear it instead of trying and time the hype market based of popular grey website prices and trying to wring every last cent out of a flipped 41mm new Kermit with a piece or two of plastic still on the clasp that the AD missed when removing the plastics.

If you recall, certain groups and a lot of members here could still buy watches through 2008 and beyond, guessing they are the ones that will still be able to fill up the luxury SUV’s and not really pay attention to the price of gas.

The biggest struggle fore me is seeing black ceramic GMT’s at $20k when I paid in the $5k’s after a discount in 2006/2007

I think I spun way off topic but probably the result of a few too many espresso’s already today.

Cheers,