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Old 29 September 2022, 09:17 AM   #56
youthagainsttt
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Join Date: Jun 2016
Location: HK
Watch: Piaget,Rolex,AP,HB
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Quote:
Originally Posted by zionongch@gmail.com View Post
I think it is because this particular model is too volatile. The drops on this model has been pretty dramatic. It used to be 130k usd and now it’s 85k usd 2022 brand new. The demand of this watch is just not there to support the premium. Personally, I predict them to trade around $70-$75k usd by the end of this year. 15510 rubber strap 50th anniversary trades around low 60s usd and it is a limited production.
Just as note of reference, the model in question that I mentioned in my original post is a gold 15500 on alligator strap, not full gold bracelet.

It’s totally expected with the price hikes, it doesn’t really make any difference if 15500 were going for double or triple their retail price, it only lines the pockets of the greys and flippers
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