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Imtiaz · 8 June 2009, 12:33 AM

This link gives an interesting chart on how Rolex prices have moved over the past 51 years.

The author does attribute some component of the price increase to the depreciating US$.

http://www.minus4plus6.com/PriceEvolution.htm

Sperry · 8 June 2009, 12:45 AM

Interesting. I was scanning the same chart immediately before checking this forum.

I'll be seeing a family friend this summer who has been wearing the same GMT since I've known him.
He might have bought it in the '60s. And knowing him, he has the original box, receipt, papers.

I have planned on offering him ten times what he paid for the watch, should the conversation come up.
I recall him telling me last year that his jeweler has been pestering him to buy the watch.

Imtiaz · 8 June 2009, 12:49 AM

You should try to grab it. It would be a great buy.

allanofcalifornia · 8 June 2009, 01:25 AM

I wonder if the prices for Rolex watches will continue to increase in the future as they have in he past.

Allan

Watchdog · 8 June 2009, 03:45 AM

Very interesting yet does inspire some regret!

jlovda · 8 June 2009, 04:15 AM

I do not remember the exact year gold dropped it's fixed value but in 1970 it was still $35/oz. I remember in Switzerland in 1970 a President sold for about $850.

John

dysondiver · 22 June 2016, 12:13 AM

strange where google brings you ,,,

enjoythemusic · 22 June 2016, 12:30 AM

Quote:

Originally Posted by allanofcalifornia

I wonder if the prices for Rolex watches will continue to increase in the future as they have in he past.
Allan

As long as central banks keep devaluing the currency (aka inflation), prices will go up accordingly.

amh · 22 June 2016, 12:49 AM

Wow!

I just looked at a 1990 GMT at a local store, they were asking $4600 for which I thought was a fair price.

Looks like it originally retailed for $2850

8 June 2009, 12:33 AM	#1
Imtiaz Banned Join Date: Aug 2008 Real Name: De Location: Tokyo Watch: Daytona, Sub, DS, Posts: 1,046	Rolex Price Trends from 1957 to 2008 This link gives an interesting chart on how Rolex prices have moved over the past 51 years. The author does attribute some component of the price increase to the depreciating US$. http://www.minus4plus6.com/PriceEvolution.htm

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8 June 2009, 12:45 AM	#2
Sperry "TRF" Member Join Date: Jan 2009 Real Name: Jim Location: Alpha Posts: 3,383	Interesting. I was scanning the same chart immediately before checking this forum. I'll be seeing a family friend this summer who has been wearing the same GMT since I've known him. He might have bought it in the '60s. And knowing him, he has the original box, receipt, papers. I have planned on offering him ten times what he paid for the watch, should the conversation come up. I recall him telling me last year that his jeweler has been pestering him to buy the watch.

8 June 2009, 12:49 AM	#3
Imtiaz Banned Join Date: Aug 2008 Real Name: De Location: Tokyo Watch: Daytona, Sub, DS, Posts: 1,046	You should try to grab it. It would be a great buy.

8 June 2009, 01:25 AM	#4
allanofcalifornia "TRF" Member Join Date: Feb 2009 Real Name: Allan Location: California Posts: 3,210	I wonder if the prices for Rolex watches will continue to increase in the future as they have in he past. Allan

8 June 2009, 03:45 AM	#5
Watchdog "TRF" Member Join Date: Feb 2009 Real Name: Junkyard Dog Location: The Doghouse Watch: I can't tell time Posts: 6,817	Very interesting yet does inspire some regret!

8 June 2009, 04:15 AM	#6
jlovda "TRF" Member Join Date: May 2009 Real Name: John Location: Midwest Watch: 5513,1675,216570 Posts: 1,505	I do not remember the exact year gold dropped it's fixed value but in 1970 it was still $35/oz. I remember in Switzerland in 1970 a President sold for about $850. John

22 June 2016, 12:13 AM	#7
dysondiver "TRF" Member Join Date: Jul 2010 Real Name: tom Location: northern ireland Watch: my fins Posts: 10,063	strange where google brings you ,,,

22 June 2016, 12:49 AM	#9
amh "TRF" Member Join Date: Oct 2008 Location: Tejas Watch: Various Posts: 5,082	Wow! I just looked at a 1990 GMT at a local store, they were asking $4600 for which I thought was a fair price. Looks like it originally retailed for $2850

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