Background: I'm a new Omega fanboy and have been admiring my co-workers vintage Pepsi. When I enquired about the cost/availability of one at my local AD I was nearly laughed out of the store.
So I went home and starting research Rolex and the SS "shortage" issue on the rolex forum but I still don't understand the rolex craze. I think they are beautiful watches, have amazing functionality, history, and style. However, EVEN if only paying retail for a submariner, why would I pay $7.5k when I could get a seamaster for $4k? Not to mention the insane grey market prices on the submariner and GMT's!
People keep mentioning a Rolex bubble, but it seems like that is non-sense. Even the 1 million produced by Rolex will not adequately supply the demand in China, with it's exponentially growing middle class.
I guess my question is, why are people buying into the hype and paying double/triple retail for these SS watches!? When you get into the $15-20k price range it seems like there are much better watches you could spend that money on!
Please educate me!
Not sure, movie, web hype....
But, agree that it is nutsoid!
You beter know some history on old Rolexes.
People wear them for 20 to 30 years.
Never have them serviced, don't fix it if ain't broke.
Mainspring barrels worn out, center wheel plate hole is u shaped..... pivot 8 shap or V
Had a Professional persons Rolex sub come in no sevice 30 years.
After that adventure, anything real bad or not seviced on regular bases went back to Rolex.
A neighbor gave me his Rolex, worn out to beat the drum. [ DANNY SELL IT ]
Nope father gave it to him NFS.
Old Rolex, maybe represents Old Money.
Don't run with the turds.....
Patek AP, Jager LeColtre, Zenith, Choppard, Girrard Parregue, need support too
And some beautiful movements. Don't foget the Germans, Glashute, A Lange & Sohne...
