Daytona Price Drops

[Amateur]

Confirm the slight price drop for the steel ceramic daytonas at greys in Saudi Arabia

[LewisHamilton#2]

Maybe in China its dropping because holding any asset isn't Safe the government may confiscate it. Also if you are caught taking it out of the country you may face some sentence of taking capital out the country's even if the Daytona in china has a value of $0 in china its irrelevant in the world economy. The Daytona is still trading near 60k for 2022 brand new in the free world. Similar as economics in jail it works different and value for items are different.

I offered a grey dealer 55k he ignored me. As I regularly buy Daytonas new as a hedge on my investments portfolio. Once a month on average. I dont see it going cheaper if it does, id happily get em

[Manamana]

Originally Posted by Shank

Once China dumps, everyone dumps. They own the majority of Rolex market. HK included. If you ask me, there is really no END USERS.. its all just dealers selling to each other.

There are end users, but don't justify these inflated prices

[rambo99]

Originally Posted by RanHong

This is consistent with what I am hearing from my friends in China. I was told not only panda was dropping, green dial gold Daytona has also dropped in price.

by how much? 10k really?

[lava flow]

given what is currently happening in Europe - who knows how prices will be affected?

[nachopc]

Originally Posted by garyk

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[Sandpit]

It’s amusing to read the reaction of people here when there’s a suggestion of price drops. People just care a little too much. Just enjoy your watches

[EEpro]

Originally Posted by Sandpit

It’s amusing to read the reaction of people here when there’s a suggestion of price drops. People just care a little too much. Just enjoy your watches

-$10K might make people want to buy if it were true. I don't see many defensive overreactions in this thread if that's what you're getting at.