with the current turmoil in financial markets, will we see another increase in rolex price?
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No announcement yet.
rolex price going up or remain?
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Turmoil for those who gamble heavily on blumont, liongold, asiasons.
If property market crash many overstretched will be in turmoil also.Audemars Piguet Ball Bell&Ross Cartier IWC Longines Omega Panerai Rolex Sinn Tissot
Alba Casio Citizen Roox Seiko
Wanted to add PP but bo lui
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Local market is just peanuts, it will not affect the brand new Rolex price.
Maybe Rolex resale market will be over-stock.
The brand new price and the 2nd resale price gap will be getting bigger.
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Originally posted by Watcha View PostTurmoil for those who gamble heavily on blumont, liongold, asiasons.
If property market crash many overstretched will be in turmoil also.
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Originally posted by Derick View PostLocal market is just peanuts, it will not affect the brand new Rolex price.
Maybe Rolex resale market will be over-stock.
The brand new price and the 2nd resale price gap will be getting bigger.
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It is unlikely that there will be no price increase. From past few years, the price has been steadily increasing with at least a 'price-increase exercise' per year. The increase could be in the form of retail price (RRP) increase with usual discount remaining the same, or no change on the RRP and discount decreased. Either way, buyers just pay more and more each year.
With year end soon approaching, it is possible that there may be a round of 'exercise' coming. Normally, this happened during the year-end festive season when people are more willing to spend, and are better able to spend due to year-end bonuses, etc. So a piece of advice for those who are intending to buy their favourite timepieces in the coming months, do it now or risk doing it at a higher price.
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Ultimately, our hobby/ interest getting more and more harder to substain due to the increase in price.Current Collection :
1) Rolex YG White Mother of Pearl Roman Dial Datejust 16018 (8 mil Serial)
2) Rolex YG Black Computer Roman Dial Datejust 16238 (L Serial)
3) Rolex TT Blue Submariner 16613LB (M Serial)
4) Rolex YG Red Vignette DayDate 18038 (8 mil Serial)
5) Rolex PT Pinkish White MOP DayDate 18206 (A Serial)
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