Tudor price rise

[Mini2]

Has anyone heard about this - potential 5%

[SaintMickey]

Yes...why of course. Everyone's doing it! Jump in the water is fine!

[Mini2]

Bit greedy imo

[ibzk]

Originally Posted by Mini2

Bit greedy imo

[enjoythemusic]

5% is really not too bad when you consider currencies have devaluated ~10%(!) in 2021 alone. So a 10% increase is more appropriate. It's not Tudor / Rolex's fault, blame those who constantly devalue their currency because nothing is stopping them from 'printing' tr€€££ion$. Ask older Germans, those in Zimbabwe, and other countries know what's going on.

Alas, you can't 'print' Tudor / Rolex timepieces, so yes 10% increase is appropriate imho.

[Mini2]

The £ has got stronger rather than weaker

[m j b]

Originally Posted by Mini2

The £ has got stronger rather than weaker

I think Steven was referring to the US dollar, which had declined relative to the Euro.

You guys in the UK sometimes forget that America is the center of the universe. LOL

[WatchNutcase]

Originally Posted by Mini2

The £ has got stronger rather than weaker

Steven is referring to inflation and subsequent loss of purchasing power of the GBP, USD, CAD and more. The pound may seem "strong" relative to other currencies but its actually lost around 10-15% of it's purchasing power this year alone.

That's what happens when governments print money with no value backing it, it dilutes your hard earned cash and you can buy less assets with it. Another reason why Bitcoin is so popular, its supply is hard capped and it cannot just be printed at will and manipulated like fiat government currency. This could also partially explain the crazy demand for Rolex at the moment, as people seek to get rid of cash to retain its value in assets.

[Addictedtowatches]

I purchased 2 Tudors the past 3 weeks and the AD never mentioned a price increase. In the past I have been urged in Rolex AD to "buy now because the price is about to increase."


Sent from my iPhone using Tapatalk

[Mini2]

Originally Posted by WatchNutcase

Steven is referring to inflation and subsequent loss of purchasing power of the GBP, USD, CAD and more. The pound may seem "strong" relative to other currencies but its actually lost around 10-15% of it's purchasing power this year alone.

That's what happens when governments print money with no value backing it, it dilutes your hard earned cash and you can buy less assets with it. Another reason why Bitcoin is so popular, its supply is hard capped and it cannot just be printed at will and manipulated like fiat government currency. This could also partially explain the crazy demand for Rolex at the moment, as people seek to get rid of cash to retain its value in assets.

I need to buy more goods

[JayHantz]

Don't know if it is going to happen in the US, but I wouldn't be surprised - luxury goods are still in demand and people are willing to pay.

[salnuaimi]

more like 1.5%

[S52]

Originally Posted by enjoythemusic

5% is really not too bad when you consider currencies have devaluated ~10%(!) in 2021 alone. So a 10% increase is more appropriate. It's not Tudor / Rolex's fault, blame those who constantly devalue their currency because nothing is stopping them from 'printing' tr€€££ion$. Ask older Germans, those in Zimbabwe, and other countries know what's going on.

Alas, you can't 'print' Tudor / Rolex timepieces, so yes 10% increase is appropriate imho.

My great grandfather knew of this well. He lived in Germany in the 1920's. Found these bank notes in his desk drawer when he passed away in 1989.

Interesting to see the denominations slowly creep up in the post WWI years...

[Wooster]

Inflation (God forbid hyperinflation) is scary. Those high denomination notes make me queasy.