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

Posted on 8/10/22 at 7:46 am to
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.
Posted by salty1
Member since Jun 2015
4433 posts
Posted on 8/10/22 at 7:54 am to
quote:

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.



The watch market, in general, reminds me of crypto in more ways than one.

Personally, no matter the wealth, something in a mid-range Omega is the most I’d ever consider paying for a watch.
This post was edited on 8/10/22 at 7:55 am
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