smellody wrote: ↑
November 26th 2021, 5:35pm
There are a lot of richers out there. Shits going to hit the fan soon. . . Free money. Made up position. . .just wait.
I predict Rolex will stand the time sans a minor price adjustment. Too many rich Chinese folks out there with strong admiration for the mark. That and a lot of middle management with made up jobs that really like James Bond and sew Fourth.
The Asian markets were the first restored and remain well stocked. And while Rolex continues to vigorously enforce their AD agreements to maintain their retail pricing structure, it is highly unlikely they will take measures to restrain owners from selling at whatever the market will bare. Frankly, why should Rolex give a cahoot - they are attaining a certain amount of prestige through the frenzy, and why risk riling up their customer base by placing constraints on their after sale carriage. Besides, those Rolex seekers who are irate about the state of the secondary market, or even those turning away because of the long waits at the AD's, like me, will not place even a molecule of tarnish on The Crown.
$35,000 Speedmasters and other coat-tail riders however, will soon be a thing of the past indeed.