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Old 15 February 2020, 05:36 AM   #57
skiahh
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Join Date: Apr 2017
Location: WA
Watch: Batman, X-33
Posts: 172
Quote:
Originally Posted by superdog View Post
Pisses me off that they let this happen.

One of my major turn offs about the brand.
Brands are damned if they do, damned if they don't.

Rolex lets the gray market resell at stupid markups and everyone's pissed at Rolex, saying they're purposefully restricting supply to drive up the reputation and pricing and that they should do something about flippers and grays.

And Omega is producing an amazing watch, in sufficient numbers to meet demand (or slightly exceed, since there are discounts) and people are pissed off that the watch depreciates.

In the end, they're just commodities. The Rolex bubble will burst, at some point and a lot of people will be left holding expensive pieces they can't dump any anything resembling a reasonable price.

It's funny to watch the hand wringing about resale value. I'll buy a watch to wear. If I need or want to sell it, bonus if it's worth more, but I fully expect it to not fetch a profit.
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