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21 August 2019, 03:00 AM | #1 |
"TRF" Member
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 1,676
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Prices are not dropping!
I've been reading and watching videos of a few experts claiming prices are dropping and some cases dropping hard. I'm not going to dispute the fact that certain models of certain brands might not be dropping but The Rolex market is as strong as it's ever been. And that's not me saying it, it's Mr Market saying it.
Everybody agrees that a watch is only worth what people are willing to pay for it. You can say it another way also, that a watch IS worth what people are paying for it. Sotheby's online auction that just closed. Strong pricing. No argument from me that its crazy pricing but that's what the market is saying these watches are worth. So the experts can say what they want I'll go by what people are actually paying. BLNR Jubilee- 22.5K No drop here BLRO- 25K Looks like an increase to me 116500LN Black Dial- 27.5K no drop here either 04 Kermit Flat 4- 21,250.00 lot of money for this. I'll go with auction pricing over what is conveyed on C24 any day. |
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