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27 June 2020, 11:09 PM
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#1 |
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"TRF" Member
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 1,676
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Holy Bat Watch
The world has really taken leave of its senses! A new BLNR just sold at Philips Geneva auction for $25,500! That gives the seller a net of over 19K after Philips clips its 25% buyers premium. A few days ago I saw a White Daytona go for 27K at Sothebies online auction. None of this makes any sense at all.
Here's the link to the BLN |
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27 June 2020, 11:15 PM
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#2 |
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"TRF" Member
Join Date: Jun 2018
Location: East Coast
Watch: 16610
Posts: 4,933
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There is a sucker born every minute.
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27 June 2020, 11:16 PM
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#3 |
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"TRF" Member
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 1,676
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I reckon so!
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27 June 2020, 11:18 PM
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#4 |
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"TRF" Member
Join Date: Mar 2020
Location: UK
Watch: Day Date 36mm
Posts: 157
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The financial world is on the precipice of serious 'complications'. So people are looking to put their money in to others assets like rare watches, whisky etc.
Combine that with 'peak Rolex' and you end up with these prices. |
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27 June 2020, 11:19 PM
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#5 |
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"TRF" Member
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 1,676
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This is what feeds the frenzy. When people see these kinds of prices it turns on the speculative hormones and turns our watch hobby into a penny stock day trading circus.
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