QUOTE(pgsiemkia @ May 5 2025, 01:01 AM)
Deleted my reply jz now. Tot was ref13660. Misread it. I’m still hunting for it now, heard prices from grey sellers going to drop below retail while ADs cnt make you wait longer than 30 days now and risked been reported back to SW.
That's why I decided to go in and get a Deepsea. Perfect for my wrist and black dial not a popular choice for crypto bros unlike D-Blue. Even a less than a year old PP Rose Gold Annual Calendar is going for less than retail price. Some people here are quietly selling their Rolex Daytona. Still plenty of scarole if bought retail.Crypto Bros Are No Longer Selling Luxury Watches, and the Market Is Showing It
The luxury watch industry is in a bit of a free fall, and crypto bros may be in part to blame.
In the last quarter, several of the leading watch companies saw their sales plummet. Part of that is because those who spent their savings on timepieces over the past couple of years are now using that money for other expenses like travel. But part is also due to speculators like crypto bros no longer banking on luxury watches as a safe investment, The Wall Street Journal reported on Monday.
Earlier during the pandemic, luxury watches were considered an alternative asset for those looking to make a little extra cash. Charles Tian, the founder of WatchCharts, told the WSJ that crypto bros diversified their portfolios by buying up and then selling high-end timepieces. At the height of demand, for example, a $14,550 Rolex Daytona could be resold for $47,000, according to WatchCharts data shared with the newspaper. While the same watch still sells for more on the secondary market than a brand-new model would cost, the resale premium is now just 43 percent.
Crypto bros and the like are also turning away from the resale market because they don’t want to get stuck with watches they don’t want, The Wall Street Journal noted. A Rolex that would have sold on a secondhand site in less than three weeks in 2021 is now sitting unsold for more than three months. Patek Philippes, meanwhile, can take some six months to change hands. Plus, crypto bros generally prefer sport watches, but the market is moving more toward small dress watches, making their investments less desirable.
Pre-Owned Rolex Prices Just Keep Falling—Here Are the Best Models To Buy Right Now
Pre-Owned Rolex Prices Just Keep Falling—Here Are the Best Models To Buy Right Now
With Watches and Wonders as well as the spring auction season behind us, the watch market is calm and steady. And, generally speaking, 2024 is turning out to be a relatively stable year for watches. Prices are down, and supply is up—and that spells “buyer’s market.” This is especially true of pre-owned Rolex.
Rolex Waitlists in 2025: What’s Really Going On??
For years, the idea of walking into an authorized dealer and buying a Rolex sports model has felt like a fantasy. But according to a recent study by WatchCharts and Morgan Stanley, Rolex wait times are getting noticeably shorter. The study—based on customer reports from Reddit over the past five years—shows that models like the Submariner, GMT-Master II, and Explorer are becoming easier to get. While this data is anecdotal and not a perfect science, it reflects a larger shift in the Rolex market: the frenzy is cooling, and availability is improving.
May 6 2025, 03:55 AM

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