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Old 23 March 2009, 06:22 PM   #1
iSellJerseyShore
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Figures! As I am doing my research and preparing to hit the streets on search of a GMT-IIc the prices are going up. Guess I will just have to shop on TRF instead!


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Old 23 March 2009, 07:00 PM   #2
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Old 23 March 2009, 07:13 PM   #3
Tombstone
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I truly hope not a Rolex was a steal at $3,500 to $4,500 range $7,000 to $9,000 would make me think about other options. Who spends this type of money on a watch (I am middle class that's getting to the point where I can't pull the trigger any more.)
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Old 24 March 2009, 03:21 AM   #4
padi56
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Well I heard Rolex is reducing its complete range by 25%, now that is a rumour, and you should never listen to rumours,only facts.
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Old 24 March 2009, 03:23 AM   #5
JJ Irani
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With the dreadful state of the current economy, a price drop of around 20% would be more appropriate!!

But I guess there are a lot of people out there with a sack load of moollah!!
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Old 24 March 2009, 07:46 AM   #6
baldyspoon
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Quote:
Originally Posted by JJ Irani View Post
With the dreadful state of the current economy, a price drop of around 20% would be more appropriate!!

But I guess there are a lot of people out there with a sack load of moollah!!
I think your right JJ as when I was looking around London and asked for a discount due to recession, I was told by AD'S it was not effecting them so seems there is more money out than the news/press wouls have us belive
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Old 24 March 2009, 03:31 AM   #7
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Ha Ha

Quote:
Originally Posted by padi56 View Post
Well I heard Rolex is reducing its complete range by 25%, now that is a rumour, and you should never listen to rumours,only facts.
Good one. Of course it would probably be impossible for Rolex to do a price reduction by 25%. The value of ADs' inventories would depreciate by a lot quickly. I doubt Rolex would credit ADs for 25% of the cost of their inventory on hand. Imagine how much money is out there in AD Rolex inventories? Shall we venture a billion dollars US?
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