Rolex Balloon.....premature sign?

[Speedbird-1]

Just noticed, on a site for finding used watches, prices on
many Rolex pieces have been reduced. Not by much though, and is
probably just an adjustment for 'old stock'. But, downwards
is good though, isn't it?

[Simon_e]

I have only been looking at daytona 116520s and the last few months I have also seen dealers reducing prices of stock where it isnt selling.

[seadweller43]

the stock market is on it's way to a substantial correction, so is rolex.

[tyler1980]

Originally Posted by Lt Virgil Hilts

Just noticed, on a site for finding used watches, prices on
many Rolex pieces have been reduced. Not by much though, and is
probably just an adjustment for 'old stock'. But, downwards
is good though, isn't it?

not sure... but maybe the new "hotter" models are depressing some of the higher premiums for other models that are not new. I would guess its not part of a larger trend of prices going down though.

[tyler1980]

Originally Posted by seadweller43

the stock market is on it's way to a substantial correction, so is rolex.

if thats true (which i am not disputing) then its the same situation. Prices are lower and people have less money. So in reality the price is proportionally the same either way.