A couple of responses and further thoughts:
1 - As I’ve said elsewhere in OF, I bought my IV-1967 1016 Explorer in the late 80’s, for a little over $400. (In the late 80’s, no one wanted Explorers.) I’d be perfectly happy if it was worth no more now, just so long as I could continue to wear it in public without any trepidations. During the decade that I amassed over 200,000 miles on motorcycles, the Explorer was on my wrist almost all the time. I resent that, because of this bizarre market for them, I am no longer as comfortable wearing it.
2 - Some time ago, I started storing watches in a bank deposit box, for the obvious reasons. Now, I have to admit that there are watches I own that I haven’t worn in years. Hell, there are watches I own that I haven’t seen in years. That’s fucked up. I swore that would never happen to me.
3 - Won’t this cause a drop in demand for Rolexes? I ain’t selling mine, but I sure ain’t buying anymore of them, just to store them away. I’d like to think that I’m not the only one drawing this conclusion.
4 - EBay looks different to me now. I find myself wondering how many Rolex listing are of stolen watches.
Click to expand...