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Old 6 June 2018, 05:56 PM   #1
Lee66
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Crazy Prices

When will this madness end? The crazy prices being asked for the Batman, Hulk, James Cameron and the new ceramic Daytona are just depressing. What's driving the demand?
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Old 6 June 2018, 05:58 PM   #2
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August 28th 2020. Around 2:30.

It's probably to do with markets, or money, or production or Illuminati or Instagram...
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Old 6 June 2018, 06:03 PM   #3
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Whatabout the sd43?


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Old 6 June 2018, 06:05 PM   #4
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When will this madness end? The crazy prices being asked for the Batman, Hulk, James Cameron and the new ceramic Daytona are just depressing. What's driving the demand?
Too much money printing.
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Old 6 June 2018, 06:12 PM   #5
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It would be worse if these models were not in demand and their prices only fell. High demand also fuels the secondary market. Few people complain that used BLNR can be resold quickly.
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Old 6 June 2018, 06:12 PM   #6
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When will this madness end? The crazy prices being asked for the Batman, Hulk, James Cameron and the new ceramic Daytona are just depressing. What's driving the demand?
Not sure when it will end. Ask the Trusted Sources, consisting of your local AD or Youtuber Paul Pluta.
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Old 6 June 2018, 06:15 PM   #7
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Captain Sheitters might know the answer.
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Old 6 June 2018, 06:18 PM   #8
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When will this madness end? The crazy prices being asked for the Batman, Hulk, James Cameron and the new ceramic Daytona are just depressing. What's driving the demand?
the fact that they are selling at a premium. If they start going for a discount then demand will fall off tremendously. Its a feedback loop IMO. Scarcity creates demand, then secondary prices increase the demand, and these factors then build and further increases the prices and scarcity.... and then it repeats.
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Old 6 June 2018, 06:19 PM   #9
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It started around last quarter of 2017.


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Old 6 June 2018, 06:26 PM   #10
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It started around last quarter of 2017.


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And the smart collectors with no emotional attachment are selling their pieces at a profit, and will replace them in the next couple years at reduced prices.
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Old 6 June 2018, 06:31 PM   #11
tyler1980
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It started around last quarter of 2017.


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only if you were in a market that was late to the party. Its been going on far longer in the UK. You are just catching up
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Old 6 June 2018, 06:32 PM   #12
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What's driving the demand?
Irrational human behavior.
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Old 6 June 2018, 07:04 PM   #13
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Typical human behavior :)
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Old 6 June 2018, 07:17 PM   #14
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When will this madness end? The crazy prices being asked for the Batman, Hulk, James Cameron and the new ceramic Daytona are just depressing. What's driving the demand?
Simple answer those who buy and flip to the grey market for quick profit and while there are those who will pay these crazy prices the trend will continue.
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Old 6 June 2018, 07:18 PM   #15
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I think it is the TRF and it’s constant speculation about Batman/no Batman, gray market, etc. that is causing an increased demand across the market resulting in short supply and high prices.

You guys just need to stop it I say... stop it!!!
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Old 6 June 2018, 07:21 PM   #16
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And the smart collectors with no emotional attachment are selling their pieces at a profit, and will replace them in the next couple years at reduced prices.
Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
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Old 6 June 2018, 07:25 PM   #17
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Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
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Old 6 June 2018, 07:59 PM   #18
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Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
Post of the year!
Low interest rates, an asset bubble combined with trend-following sheep-like behaviour and chiselling 'greys'/profiteers have ruined the market for us enthusiasts!
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Old 6 June 2018, 08:41 PM   #19
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With the current prices, even more reason to be grateful for the Rolex watches you own.

I know I certainly am.
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Old 6 June 2018, 09:03 PM   #20
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Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
Look, I’m with you and I don’t like it. But there’s nothing wrong with taking advantage of the stupid market at this point, and for people who don’t have limitless funds, would allow them to actually grow their collection when buying back in. It doesn’t make them less of a collector, it simply make them a wolf in the midst of sheeple.

The buyers are the most responsible party causing this mess, the sellers can only list the pieces.
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Old 6 June 2018, 09:09 PM   #21
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What's driving the demand?
People
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Old 6 June 2018, 09:10 PM   #22
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Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
Bingo
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Old 6 June 2018, 09:32 PM   #23
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Quote:
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Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
Not even retail.
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Old 6 June 2018, 09:35 PM   #24
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Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
This.
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Old 6 June 2018, 11:16 PM   #25
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Too much money printing.
Agreed. Was offered the SD43 by my AD and passed. Still waiting on SS Pepsi tho.

We live in interesting times.
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Old 6 June 2018, 11:27 PM   #26
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Look, I’m with you and I don’t like it. But there’s nothing wrong with taking advantage of the stupid market at this point, and for people who don’t have limitless funds, would allow them to actually grow their collection when buying back in. It doesn’t make them less of a collector, it simply make them a wolf in the midst of sheeple.

The buyers are the most responsible party causing this mess, the sellers can only list the pieces.


100% correct.
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Old 6 June 2018, 11:32 PM   #27
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Every hobby ive ever been involved with has rare or hard to obtain/desirable pieces that will fetch well above retail price. Watches are certainly no different. Unless people suddenly cease to desire GMTs/Subs/SkyDs/Daytonas, the demand (and thus the secondary prices) will always be high.

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Old 6 June 2018, 11:38 PM   #28
tyler1980
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Too much money printing.
then why are retail prices not up? Too much money printed implies there should be quite a bit of reduction in buying power. 6 years is a long time to wait to raise prices.
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Old 7 June 2018, 12:07 AM   #29
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It started around last quarter of 2017.


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right on! I brought 2 hulks from local AD last year, one in Feb with 6% discount, one in June with no discount. after that, the madness came in.
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Old 7 June 2018, 12:10 AM   #30
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this madness happens to AP and PP as well, not just Rolex.
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