Challenge: Name another technologically obsolete product that is thriving like Rolex

[metallic]

Is it not incredible how thriving the mechanical watch business remains?

First came the quartz revolution. Cheap watches that keep perfect time. Had no economic effect on Rolex.

Next came the Apple Watch (and Android equivalent). Can you believe a watch exists today that you can buy for under $500 that keeps perfect time, functions as a telephone, texting device, heart monitor and any other number of functions and you can change the face anytime you want to meet your whims? Incredible.

But yet...mechanical watches are thriving.

You cannot walk into a store today and purchase a Rolex Daytona, Submariner, or even a Datejust without getting on a waitlist. Try to purchase an AP Royal Oak or Patek Nautilus, they will laugh you out of the store and treat you rudely on top of it. Or you could buy that stainless steel Nautilus on the grey market for the astonishingly insane price of $100,000.

It made me think if there are any other technologically obsolete products that still thrive today. Most have gone the way of the dinosaur like CD's for music or DVD's or Blockbuster rental stores.

I can only think of two products off hand: Classic cars and mined diamonds. Classic cars have that romantic attachment associated with them. Diamonds are available today factory produced and chemically identical and more perfect than mined diamonds, so that one I don't get at all.