Finally happened with jumbo 50th anniversary

[HMHM]

I think two factors are at play here regarding the future prices of RO Jumbo - mainly US Presidential election 2024 and post election economy as well as trends/taste. Pre-election its almost impossible to expect an economic meltdown or else the incumbent will lose the election. So prices will stay at least stable until November 2024. Post-election is anyone's guess. Thats where prices may go up or down.

The factor of trend is also pivotal. 20 years ago ROO was the darling of AP, and today a majority of ROO can be bought under retail on the secondary market. The thing with trend is that it is cyclical - what's hot today may be less sought after tomorrow.

In my opinion, I think all the sought after watches today have more room to go down than going up - it's unlikely we will ever reach the peak of 2020-2021 again where SS Daytona is 50k, RO Jumbo is 100k etc. However, I think it will remain above retail, simply because a precedent has been set for watches to be above retail and the dealers will never allow the illusion of "investment grade watches" to disappear. Or else how are they going to "convince" someone to buy a second hand watch with sweat, scratches and human DNA for X amount above MSRP?