Quote:
Originally Posted by GrussGott
There is no Rolex bubble, there's only Rolex controlled secondary markets where prices will either increase or stay mostly flat since the minute prices start to fall, lots of buyers will jump into the market, even during a recession.
Of course strange things can always happen, but I think we're in a new normal.
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exactly.
just look at every sub c or gmt or daytona that get listed for somewhat cheap for their respective markets. They are gone in seconds.
I can go buy a brand new Sub C for 8600 from the AD, and sell immediately for 9500.