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Old Yesterday, 08:08 PM   #1
Chefinspecteur
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Rolex Submariner Watches Globally Near $50 Billion Market Value

For those who have Bloomberg, super interesting reading:

https://www.bloomberg.com/news/artic...n-market-value
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Old Today, 01:21 PM   #2
SS Oyster
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Hard to believe “new watch” market is anywhere near $50B. At 1M watches per year, that’s an average of $50k per watch (no way)!

However, if they include preowned (not CPO) but all markets (gray, private and CPO) and new watch markets, I could see $50M on Rolex watches changing hands annually.


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Old Today, 01:32 PM   #3
BraveBold
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Quote:
Originally Posted by SS Oyster View Post
Hard to believe “new watch” market is anywhere near $50B. At 1M watches per year, that’s an average of $50k per watch (no way)!

However, if they include preowned (not CPO) but all markets (gray, private and CPO) and new watch markets, I could see $50M on Rolex watches changing hands annually.


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It includes all subs ever made, not annual production. My guess is we are talking more than 4 million submariners produced and still in service… the $50B estimate as a value of that total stock seems reasonable.
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Old Today, 02:19 PM   #4
Zach69SS
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That is a very large number, and I don’t think they all change hands every year. I don’t have Bloomberg so I could not read the article. 50 billion is a very large amount?
I’m sure that it’s up there. That is allot a scratch…


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