Quote:
Originally Posted by cozy2009
Well this was the first time in long while where he said at Basel that production would be kept the same. So maybe that's a step in the right direction but I wouldn't bet on a cut anytime soon!
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Well since the chinese and russians are buying much less they are still over producing, which means that more and more people buying non Nautilus models will see the second hand value of their watch fall and this is not good for the brand or for collectors at all, as we all know here prices are determined from the offer/demand ratio, will we see one day Patek watches loosing on the second hand market huge sums like most other brands? Some models have already started to go that way...