View Single Post
Old 24 June 2022, 04:07 AM   #55
VogelPhoenix
"TRF" Member
 
VogelPhoenix's Avatar
 
Join Date: Jun 2020
Location: Taiwan
Posts: 3,578
Quote:
Originally Posted by matPORTS View Post
...the reality of most 'new aspiring watch collectors'... if they got a chance at a Rolex at retail right now, they are more likely than not going to liquidate the piece within the first 6-12 months having had second thoughts about whether or not they actually need the piece, knowing they can walk away making a profit or at the very least recouping their spend $ for $. "
How is that the "the reality"? In fact, this doesn't make any sense at all. Rolex makes 1M watches a year, the grey market supply is a small fraction of what Rolex has made cumulatively over the last few years. In the scenario from your post, there's only flippers and new clients who sell in the "first 6-12 months"? Where do all these watches go? As there is no-one hanging on to their watches, it's just millions of watches forever circulating among greys?
VogelPhoenix is offline   Reply With Quote