Would price of 116610ln fall?

[EdwardC]

It's going up insanely fast after Basel World... will it come back down to at least <10k range for a BNIB? How in the world this is happening? I always appreciate the watch and thought about buying one but now...

[Pballkm21]

Supply and Demand

[Etschell]

Demand exceeds supply.

On top of that those who control supply are limiting the release of said supply.

[EdwardC]

Originally Posted by Etschell

Demand exceeds supply.

On top of that those who control supply are limiting the release of said supply.

did Rolex really confirm they limit the production of stainless steel models? i might have missed the news

[steadywaters]

rolex doesn't confirm anything

[Etschell]

Originally Posted by EdwardC

did Rolex really confirm they limit the production of stainless steel models? i might have missed the news

Not Rolex. ADs, speculators, owners and resellers. Everyone including Dufour himself.

[EdwardC]

With that I'm thinking when will stainless steel models overtake gold models. so we just literally get the gold instead....

[coralfarmer84]

How many black subs are there? Crazy to say supply exceeds demand. This is like saying diamonds are rare, it’s all a fabrication to increase profits and it’s worked well for all with vested interest

[yOyOYoo]

Once supply increases or demand decreases, the price is going to fall. I have a feeling the 116610LN is going to be updated next year with a new movement.

[clb521]

Originally Posted by EdwardC

With that I'm thinking when will stainless steel models overtake gold models. so we just literally get the gold instead....

It's already happened for TT. A TT Daytona is only 17k at msrp. Well under grey price for ss of 24k.

Current ss subs at grey are going for 11k. 2k more and you can get a new blue TT. Hell greys sell them for 12k. A 1k difference for ss and TT subs.

[myusernamez]

Originally Posted by Pballkm21

Supply and Demand

In your dreams - in this case, supply and demand are the same guys.. greys buying from greys in the hope to resell it higher .. sounds familiar?

And when it sits on the shelf too long they resell it to the next grey!

[grymg]

Originally Posted by coralfarmer84

This is like saying diamonds are rare, it’s all a fabrication to increase profits and it’s worked well for all with vested interest

LOL so true. Debeers controls the influx of diamonds into the stores. That combined with their marketing keeps diamond prices high. Sounds very similar to Rolex????