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Old 21 February 2022, 05:35 AM   #50
thenewrick
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Join Date: Sep 2020
Location: FL
Watch: OP41 Silver
Posts: 1,764
Anytime there's a new craze where people read articles/social media about how you can actually gain money buying at retail prices and flipping you'll see the same trends. Happening with GPUs, sneakers, Rolex, PS5 etc. All of these goods are collectible and easily flippable and you can store them easily etc. It's not like a car or a house.

What will change things is when the Grey price to flippers is equal or lower than retail price. Then the incentive for the new comers/flippers/investors will go away and it'll return to 2015 type situation where half the references will be still hard to get and slowly appreciate and half will be easy to get and slowly depreciate.

Ppl all panicking about this stuff is lame. Chill out. I feel like I'm watching people trample each other for black friday sales or something. Everyone wants a lifehack on how to get these things at retail more easily without spending any money.

Gotta pay to play. Or wait.

Market will return to normal soon. Just remember those OP's and DJ's are the same quality or better than the Daytona or other hype pieces. Rolex doesn't make the easier to get ones any worse and they're often newer designs/movements with more comfortable cases and bracelets.

A black dial OP36 is 100% as good or better than a Platona or a Meteorite Dial GMT or a Cermit etc. In Rolexes case price =/ quality. The "flex" is the price. It's just a money flex. Money flexes are not cool and never will be. Just relax folks.

They're still making these things in massive quantities. Many of the buyers are just flippers. It's not a sustainable model.

Also remember there are a lot of flippers/investors/greys on this forum. Take everything with a grain of salt.
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