Rolex shortage opinion

[nnigel46]

I got into watches not long ago 2010 and ever since I always frequent 47th st aka diamond district in nyc and have a very good relationship since being I have brought around 10 pieces since and of course prices where super low and sports models where looked down on and everyone was crazy for PM models but in the past years starting around 2016 I would always stop in and see what they had available and a Stores would go from easily 100 watches in the show case to about 20 watches maximum now and that’s from 2016-19 and A few of the owners said simply ppl are not buying watches witch makes me believe the reasoning for jacking up the pricing and hoarding of watches recently but that’s just my opinion what goes up must come down as of today I wouldn’t be caught dead buying a pc for over retail I don’t want to take the hit when prices fall

[othertbone]

Was just in the NYC diamond district. They have taken 'iced out' to the next level!

[Seibei]

Originally Posted by nnigel46

I wouldn’t be caught dead buying a pc for over retail I don’t want to take the hit when prices fall

Same here, it is retail or the highway as far as I am concerned. Prices will fall. The only question is when.

[nnigel46]

Originally Posted by othertbone

Was just in the NYC diamond district. They have taken 'iced out' to the next level!

When you think about it that’s where the money is at u. They take a 1990 pc ice it out and sell it to a sucker for a million over its worth since there isn’t any sports models available for decent prices what do they really have to offer