Quote:
Originally Posted by Cassian739
You'll know secondary market prices have bottomed 3-6 months after they actually do - no one can pick a bottom. I think the "good old days" of Rolex availability will never return, but, I also don't think we'll return to the March 2022 crazy. Rolex will continue to shift to boutiques, more watches like the Le Mans will appear - PM, open case back, maybe some hand made watches to compete with Patek, etc. In reality, they can't sell +1M watches a year and abandon the SS and TT base models.
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Highly doubt it. They have a hard time selling their PM models at msrp with the current production rate. Imagine they make +1M high end pieces, they’d be sitting on pile of inventory. Rolex is geared towards upper middle class. Very few can shell out $100k+ for a watch.