Quote:
Originally Posted by majidessa
Rolex produces 1 million watch a year every year, it is not a rare commodity, the main reasons for the high price are flipping and Grey market dealings. The current social media hype also fueled the demand but it wont last forever and one day only true enthusiasts will remain.
Prices will fall eventually and will be near retail for MOST models, it might be this year or in the next 5 eventually it will happen but it will be gradual.
Let us not forget that the retail prices of Rolex watches are already expensive as it is, and my guess is another official price increase will take place maybe early next year as the inflation has hit hard the whole world, and as such I don't think many people will have interest in buying watches if they cannot flip them for a good profit.
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