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Old 27 April 2019, 02:26 PM   #13
rollyp
"TRF" Member
 
Join Date: Jan 2015
Location: Wherever I am
Watch: where your hand is
Posts: 236
Just last month, the 5980 white dial (which was only made for one year and until relatively recently, nobody cared about) were listed for around $80K, and today they are asking north of $100K. Literally... in one freaking month.

https://www.chrono24.com/search/inde...ccessoryTypes=

Let's not kid ourselves, things are more than a bit frothy. Last fall, before the stock market plunged, blue dial 5711s had just reached a bit over $50K. Interestingly, after the stock market tanked 20% rather quickly, asking prices for blue dial 5711s came back down to the mid $40K range. And then, after stocks made a V shaped recovery just as quick as they went down, 5711 blue dials once again went up but this time near $60K. When stocks tank again, and it will be much worse than last time, 5711 prices will correct a good amount. And I already have one, so as much as I'd like to see the price keep rising, reality will set in at some point.
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