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11 December 2021, 02:40 AM | #31 | |
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Forget about watches, let's consider the release of a new Playstation. In those first weeks, you can't walk into a normal retail store anywhere in America and find one just sitting on the shelves. Yet there are dozens of them on ebay - at 2-3x MSRP. Does that mean this is all fake? Sony is just holding back? Or Bob on ebay actually bought 1M systems and is hoarding them? No, of course not. Demand far exceeds supply, and the few lucky people who did happen to find one at their local Wal-mart are now trying to make a quick buck. In the Rolex world the demand has continued to build and the supply has not notably increased, so we've been stuck in "Playstation release week" mode for years... |
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11 December 2021, 02:58 AM | #32 | |
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I agree with the exception to the play station situation, the Sneaker heads that have all the bots that go online and grab all the new sneaker releases adapted and started doing it with PlayStation and Xbox that’s a huge reason those are so difficult to get. Sent from my iPhone using Tapatalk |
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11 December 2021, 03:04 AM | #33 | |
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Case in point, any day of the week I can "easily" find and purchase a green dial Patek 5711. Of course the price will be 13x MSRP, but that is what it has taken to achieve the equilibrium I mentioned. Every product will be different. Patek pricing makes Daytona pricing seem downright reasonable. But both share the common trait of there not being even remotely as many available as would be bought if all pricing were MSRP - i.e. demand >> supply. |
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11 December 2021, 03:36 AM | #34 |
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I hope not, but I think the 'scarcity' is actually down to flipping and greys operating in the middle... if you look around, the 'hot models' can be seen everywhere for inflated prices - so ask yourself if there really is an actual shortage.
So long as the flippers stay away from Omega, no problem :) |
11 December 2021, 02:25 PM | #35 |
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Yeah...
And 440 of the 455 are likely asking or readying about value, investment, and other important watch topics, because of their love for the brand, it’s history, and seeking keen insight on all things Rolex...please.
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25 December 2021, 05:57 AM | #36 |
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Don't care about hype or whatever. This past summer, depending on what I was doing (and where), I reached for these more often than some of the Rolex pieces I own. I actually traded an older YM 40 Platinum for the White Face 300M AND a Tudor GMT to boot. I pray Omega stays attainable and "under the radar" per se. |
26 December 2021, 03:15 PM | #37 |
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26 December 2021, 11:26 PM | #38 | |
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Rolex cannot and will not reasonably increase supply. I don’t think that’s possible or a wise decision with regards to actual and perceived quality. Or as simple as not having enough qualified staff (just like most industries at the moment). People can and do sell their new watches at a premium to people who want them even more. What this really shows is that Rolex retail prices are way too low. Now would it be a good long-term idea to bring prices up to a level that meats the demand? Probably not. I was looking for charts yesterday and haven’t found them yet on price development of key Omega and Rolex models over time. Couldn’t find them yet. All I know is that I just paid last year’s retail price for a used Speedmaster 1861 (discontinued). And I was thrilled because I had prepared myself for having to pay more for a pristine specimen. The new model is now way over 6K for a watch that was half that or less not all too long ago. |
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