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#1 |
"TRF" Member
Join Date: Oct 2017
Location: Middle America
Posts: 1,085
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Gray Dealer Prices Higher Across Board
Other threads prompted me to browse a gray dealerīs website who I will not name here. But what I saw is higher prices for Pepsi, D-Blue, and many other references. What is going on ? Think outside the speculative box. Gold is much higher and I have always linked Rolex prices to Gold prices relative. The equity markets are at all time highs. Opinions ?
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#2 |
2024 Pledge Member
Join Date: Dec 2018
Real Name: Frank
Location: Dallas,NY,Colo.
Watch: Patek 5168, 5170P
Posts: 2,476
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Most economies are improving, if slowly. Polls in the US show concern for COVID is decreasing (rationally or not). I don't believe there is a reason for Rolex prices to be correlated with gold prices, but I've not seen the numbers.
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#3 |
Banned
Join Date: Aug 2019
Location: EU
Posts: 806
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Buy Pepsi now for $17K before it's $20K next year if you are on the market for one.. These will only go up. Nothing will stop it as already proven by a March market collapse. The higher the inflation, the higher the prices will go as well.
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#4 |
"TRF" Member
Join Date: Nov 2019
Location: Sunshine State
Watch: lots of Rolex
Posts: 4,769
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I think rising gray prices are in response to or anticipation of the upcoming Rolex product unveiling Sept 1.
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#5 |
"TRF" Member
Join Date: Nov 2010
Real Name: AJ
Location: USA
Watch: Swiss
Posts: 5,224
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It’s a Rolex. What goes up never really comes down. Rolex is just catching price wise with AP. .
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#6 |
"TRF" Member
Join Date: Oct 2017
Location: Middle America
Posts: 1,085
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If you look around, you canīt buy one for 17K. At least not one in unworn condition. Thatīs the point. And D Blues are over 16K now.
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#7 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,305
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Basically the pattern has been greys raise prices every few months unless something major forces them to reverse course, like a black swan - which Covid could have been, so until there is a genuine black swan or two I don't see much changing.
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#8 |
"TRF" Member
Join Date: Jan 2018
Location: Middle East
Posts: 1,808
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My prediction is that Rolex has milked the GMT over the last few years for every last drop and that now is the time for the Sub to rise (from the blue).
I can see prices for all variants reaching insane levels as everyone jumps on the Sub bandwagon. |
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