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After the Asian Financial crisis...in 97-98

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  • After the Asian Financial crisis...in 97-98

    Anyone has any idea if the Rolex RESALE prices were stable and going strong or did it drop drastically as there was a rush to sell Rolexes.


    Sometimes forgotten, but always contactable. Darkangel (2007-2014)

  • #2
    I would suppose the demand and supply rule applies.

    Bad economic climate, those needing to sell URGENTLY for cash would definitely sell lower for the quick cash due to desperation and at such a climate, there are surely a good supply of pre-owned watches I suppose....

    Just my analysis... no concrete statistics to back my claims hor...

    Desired horologes ...

    - IWC Portuguese Automatic
    - GMT II
    - GMT IIc TT
    - Reverso Squadra Hometime (7008620)/ Reverso Squadra
    - Master Eight Days (1608420)
    - U1
    - IWC Aquatimer

    An exquisite timepiece, brings timeless memories and precious moments...

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    • #3
      I also thinking it's that way...but no idea wad actually happened...waiting for some old bird to enlighten


      Sometimes forgotten, but always contactable. Darkangel (2007-2014)

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      • #4
        id have to say as above...... wouldnt see why anything changed. there is a reason for studying economic theories .
        [U]Currently wearing[/U]:
        [SIZE="1"]TT Datejust with diamond dial - sold!
        Blue 6694
        Seiko SD-lookalike[/SIZE]
        [U]"My collection"[/U]:
        [SIZE="1"]Blue 6694; TT DJ w diamond dial.[/SIZE]

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        • #5
          Originally posted by seiko.citizen View Post
          id have to say as above...... wouldnt see why anything changed. there is a reason for studying economic theories .
          Yeah la I know economic theories but...many a times the luxury market..goes against the so called theories...

          Price COULD have stablised even though there was a increase in supply...but of course..I have no idea wad actually happened so just asking


          Sometimes forgotten, but always contactable. Darkangel (2007-2014)

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          • #6
            Up up up someone help!


            Sometimes forgotten, but always contactable. Darkangel (2007-2014)

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            • #7
              You could write a thesis on the subject after you go uni
              1675/16610/116234/78240
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              U-boat classico AS-classico AB (53mm)
              If you pick up a starving dog and nurse him well, he will not bite you; that is the principal difference between a dog and a man.

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              • #8
                dunno abt rolex resale price.. hee

                but the last record low for sti was like 800pts in sep 1998.

                hmmm... looks like there's the current sti will go southward next yr.

                wow, new avatar ah ???

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                • #9
                  Darkie, Who is that girl in your avatar?
                  Rolex stainless steel daytona (black dial)
                  Rolex LV submariner
                  Rolex TT black submariner
                  Rolex GMT2 Pepsi
                  Rolex Non date submariner
                  Rolex Explorer2
                  More...

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                  • #10
                    Originally posted by teo View Post
                    Darkie, Who is that girl in your avatar?
                    Chio bu !... Darkie finally grown up liaos !
                    *****************************
                    A bad day of fishing is still better than a good day at the office.


                    Just me and my NT...

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                    • #11
                      Originally posted by pet View Post
                      wow, new avatar ah ???
                      Originally posted by teo View Post
                      Darkie, Who is that girl in your avatar?
                      Originally posted by louisoh View Post
                      Chio bu !... Darkie finally grown up liaos !
                      Hahahhaa...

                      Nice pic right?

                      Originally posted by marineguy8888 View Post
                      You could write a thesis on the subject after you go uni
                      d-oh!


                      Sometimes forgotten, but always contactable. Darkangel (2007-2014)

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                      • #12
                        in the car somemore............
                        [U]Currently wearing[/U]:
                        [SIZE="1"]TT Datejust with diamond dial - sold!
                        Blue 6694
                        Seiko SD-lookalike[/SIZE]
                        [U]"My collection"[/U]:
                        [SIZE="1"]Blue 6694; TT DJ w diamond dial.[/SIZE]

                        Comment

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