Royal Oaks under retail?

[Vince_76]

Originally Posted by vakman

Lets hope it gets back to normal by the end of this year. If i have to wine and dine and kiss ass i prefer to end up in a hotel with a good looking blonde. Not for a watch.

Haha ain’t that the truth!

Originally Posted by In-N-Out

I think (or at least hope) Royal Oaks will go back to under retail, with the exception of "hot" models like Jumbo, openworked, and ceramic.

I think Rolex will soon be the same too with perhaps only the Daytona trading above retail (like it always has been). basic subs, GMTs, PMs, should all be at or below retail soon.

This means some of the watches I've personally purchased will be under water, but who cares? I wasn't planning to sell. as long as it's not losing 25-33% as soon as you walk out the door, I think most of us will be fine even if we lose 5-10% immediately. and if you are in it for the long run, some of the "hotter" pieces will offset any paper losses from other pieces so as a "collection" or "portfolio" you will still be at your cost basis in the long run or slightly ahead.

Originally Posted by vakman

indeed i prefer to lose 10 a 15 procent on a watch and be able to buy what i want.

Agree, that’s a true enthusiast mentality (access at the price of mild depreciation). I’m totally fine with, and much rather prefer 2016-2019 economics as opposed to what happened during COVID.

Agree that the “hype” models will mostly trade at/below retail upon stabilization. Really curious when that actually occurs (by EOY would be my guess).