You read that somewhere years ago that was published by someone that was told by a watch/marketing company that has no books available for anyone to look at.
My spin is they have purposely slowed productivity in Rolex to pump Tudor to the world (basically the US who previously wasn’t sold Tudor watches)
But my theory is as sketchy as “ We make a million watches a year that take a year to make”
IMHO close to bottoming out and back to long term trend of slow but steady increase
C ctangI have been noticing better availability at ADs, so perhaps it’s a combination of waning demand (from flippers, crypto bros, people generally spending “free money”) and improving supply from Rolex.
Yep. I ordered and received my Exp 1 36mm in a few weeks, and a Sub 41 (for my brother's wedding) was ordered and arrived in just under 4 months. So does seem like things are picking up a bit, at least with a few of the core sports models. I did think about ordering a Sub for myself also but it didn't grab me like I thought it might. Think I prefer the less shiny older models.
That's amazing. Where are you located? 😉
Speculators were buying anything Rolex, particularly Daytona. Any kindof PM or S&G included, then flipping them in a week for close to double. No longer.
The speculators are gone, just like the Vegas Casino workers who stopped buying 3, 4, 5 homes are gone, these speculators aren't ever going to buy Rolexes like they used to. Specs are still holding watches, unwilling to accept their losses, hoping the market will come back so they can get out.
The market isn't coming back. At some point, (6 months?), people will start dumping their watches, and the only way to sell them will be to drop the price. Lower prices will follow lower prices.
People will be able to buy Rolexes at MSRP in stores within 2 years. People who want to wear the watch will be the buyers.
A prediction.
Dream on, son. Will never happen.
Sure. Tulips, dot.com companies, commercial real estate, residential real estate, bonds, precious metals, the stock market generally every 5 to 10 years or so, etc., etc., etc. Shall I go on?
