I’m curious about the strategy here and please excuse my ignorance. Since when has the equivalent standard sub from the same period cost more than a GMT? (Excluding the rare oddities)
When the market was hotter a year ago, i saw jewelers and dealers pricing coke/pepsi 16710’s anywhere from $15-23k and a lot of people were paying it. The closest steel subs from the same year in that price range at the time were the 16610lv. Even then, i always saw the gmt’s going for more.
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