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Old 1 June 2024, 09:10 AM   #23
forcinitijp
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Join Date: Mar 2017
Real Name: Juan
Location: Delaware
Watch: 14060M/214270
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Quote:
Originally Posted by Scholar View Post
How are you defining cheap or expensive? Rolexes were affordable enough in the 60s and 70s that they were sold alongside snacks and goodies at the shop on military bases. The cost was comparable to the Seiko divers.

By the way, the Rolex prices through the mid-90s, when you adjust for inflation, were lower than Tudor is today. The Black Bay GMT, for example, debuted at exactly the inflation-adjusted price of a 90s 16710. The price of it has since gone up of course. And yes, those Rolexes "lost value" as you put it the moment you bought them. This is completely normal.

Do you think a Mercedes-Benz S-Class or Aston Martin or Aston Martin DB12 or anything else is a bad car because it loses a huge chunk of value the moment you make the purchase?



What? There is an overall reselling bubble in the market, not just for Rolex, due to a combination of fiscal policy and online culture.

Maybe there is some kind of language issue at play here.

You are my hero!! Thank you for the explanation!
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