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re: The Crypto Collapse is ‘Flooding the Market’ with Rolex and Patek Philippe Watches

Posted on 8/10/22 at 7:40 am to
Posted by achenator
Member since Oct 2014
2957 posts
Posted on 8/10/22 at 7:40 am to
quote:

According to the report, the recent uncertainty surrounding cryptocurrency has seen more owners unload their high-end timepieces, with supplies for the Rolex Daytona and Patek Philippe Nautilus 5711A now “much larger

What i'm seeing is a Daytona with an under 20k MSRP was selling for 35 on the market they are now asking 32. Yay great deal lol.
Posted by ronricks
Member since Mar 2021
7103 posts
Posted on 8/10/22 at 7:46 am to
quote:

What i'm seeing is a Daytona with an under 20k MSRP was selling for 35 on the market they are now asking 32. Yay great deal lol.




These were trading for $40k and up in March. You can get a black dial for $28k right now. The prices are coming way down. Asking prices are just that the actual sold price on these is much lower.
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