Quote:
Originally Posted by Vipes
I have a feeling not too many people will drop off the wait list even with the price increase. The demand for these two pieces are just insane!
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It is very possible, but the hope is more people think more will drop out so the wait will be shorter so are less tempted to go grey. Plus as greys will just pass this premium on it should decrease demand so this twin effect will put pressure on dealers to lower prices. But it is purely down to their will and so far they have been incredibly resistant to it and are all acting together as a monopoly, much like Patek and Rolex themselves, as they know that the higher conspicuous Veblen prices are, the more the people want it, not less.