Thread all abt ROLEX - Part 2

shallow

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but don't buy now.

124060 is going to fall back to 13-14k soon by next year.

unless you want it now now!
Can you explain why the 124060 will fall to 13-14k by next year? Is it due to the new release craze that is hiking the price so much right now?

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discoburg

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I keep my watches except G-shocks. Still rocking the Aque racer I bought with my first 3 pays saved.
My thoughts are that just go for it, if you really like a Sub. No matter what watch you buy, you will keep on thinking and going back to the Sub if u really like it. I feel that the ND premium is not that bad. Wear it for 5 years and it should cover back
 

Spidey10

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the power of Rolex marketing where one can be so happy even getting a non sports

Well, not everyone like SS... especially women.
It’s just too big for most Asian wrist IMHO.
Anyway, it’s for keeps and hand down to my daughters...
I have a Sub and GMT, which I plan to hand it to my son when he starts work.
Kind of like a legacy for him... this is from yr old man, so when he looks at it, reminds him of his old man....
Hope he don’t go and sell it off 😂😂😂
 
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Spidey10

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Can you explain why the 124060 will fall to 13-14k by next year? Is it due to the new release craze that is hiking the price so much right now?

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Cannot predict ler...
It might go even higher coz the supply is low.
I read it takes a year to make a Rolex... so just imagine the amount of time taken and the amount of labour.
Also, think the craftsmanship is a dying trade... how many people can sit there whole day to assemble a watch?
So as yrs pass, the labour is dwindling, the cost increase, the demand increases, that’s lead to shortages in the market, hence price will be high.
The way I see it... just my 2 cents.
Or it could go lower, no one buys and no one interested due to global pandemic and financial crisis....
Who knows....
 

gaoxing84

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Can you explain why the 124060 will fall to 13-14k by next year? Is it due to the new release craze that is hiking the price so much right now?

Sent from Samsung SM-G985F using GAGT

simple concept.
new stuff got hype. lesser stock now.
when rolex goes on full production mode next year, if things turn better of course. more stock, price will return back to normal.

sub ND highest ever went for 114060 before its discon was mid 13k.

i don't see sub ND going over 14-15k anytime soon.

but of course, you want it now, can afford go for it. life is short, why wait? later u wait, eh 13k, maybe will drop 12k, wait again.

wait till no end, then the feel of buying is no longer there.
 

gaoxing84

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Cannot predict ler...
It might go even higher coz the supply is low.
I read it takes a year to make a Rolex... so just imagine the amount of time taken and the amount of labour.
Also, think the craftsmanship is a dying trade... how many people can sit there whole day to assemble a watch?
So as yrs pass, the labour is dwindling, the cost increase, the demand increases, that’s lead to shortages in the market, hence price will be high.
The way I see it... just my 2 cents.
Or it could go lower, no one buys and no one interested due to global pandemic and financial crisis....
Who knows....

lolol.

in Switzerland, watch making is one of their biggest export. people there still have the interest.

it doesn't take a year to produce a watch la. lol. if need 1 year to produce 1, then how they produce 1mil pieces a year across their SKU.

how many people can sit thru a day to fit watches, maybe you're right, but with the right salary, why not?
it's a professional job that take years to master and after you're done with rolex, you could open your own shop doing servicing.

as time pass, where everything is digital, sometimes we all need something manual or mechanical to make us feel human again, so i believe the watch making trade won't die out.
 

Spidey10

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lolol.

in Switzerland, watch making is one of their biggest export. people there still have the interest.

it doesn't take a year to produce a watch la. lol. if need 1 year to produce 1, then how they produce 1mil pieces a year across their SKU.

how many people can sit thru a day to fit watches, maybe you're right, but with the right salary, why not?
it's a professional job that take years to master and after you're done with rolex, you could open your own shop doing servicing.

as time pass, where everything is digital, sometimes we all need something manual or mechanical to make us feel human again, so i believe the watch making trade won't die out.

https://www.google.com.sg/amp/s/www.businessinsider.com/10-things-every-rolex-owner-should-know-2015-1%3famp

For yr reading pleasure....not sure how true, take it with a pinch..😜
 

Spidey10

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simple concept.
new stuff got hype. lesser stock now.
when rolex goes on full production mode next year, if things turn better of course. more stock, price will return back to normal.

sub ND highest ever went for 114060 before its discon was mid 13k.

i don't see sub ND going over 14-15k anytime soon.

but of course, you want it now, can afford go for it. life is short, why wait? later u wait, eh 13k, maybe will drop 12k, wait again.

wait till no end, then the feel of buying is no longer there.

Are the amt in US$ or SG$?
 

GoldenMile

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Can you explain why the 124060 will fall to 13-14k by next year? Is it due to the new release craze that is hiking the price so much right now?

Sent from Samsung SM-G985F using GAGT

For the past 2 decades at least prices have been going up and up for professional models
You have to look further than that when they weren’t selling at premium and even further to when prices actually fell.
Wars, financial crisis, SARS and covid didn’t affect their prices so dun expect it will happen anytime soon
It’s just wishful thinking
 

gaoxing84

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For the past 2 decades at least prices have been going up and up for professional models
You have to look further than that when they weren’t selling at premium and even further to when prices actually fell.
Wars, financial crisis, SARS and covid didn’t affect their prices so dun expect it will happen anytime soon
It’s just wishful thinking

hk protest, market crash.

white daytona new went down to 32. before that it was trading at 36.
same goes for all the sports.

rootbeer went as low as 22k new, now 26k

during **, worst time of covid, all was trading at all time low too.

after covid improve here alittle, prices shoot up.

so it does affect the trading price but of course premium still there.
 

gaoxing84

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Are the amt in US$ or SG$?

simi USD, here sg forum, say sgd la.

can don't believe me la. that's what i predict.
if you have enough money, want it now, i say go buy now.
why wait?
 
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GoldenMile

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hk protest, market crash.

white daytona new went down to 32. before that it was trading at 36.
same goes for all the sports.

rootbeer went as low as 22k new, now 26k

during **, worst time of covid, all was trading at all time low too.

after covid improve here alittle, prices shoot up.

so it does affect the trading price but of course premium still there.

Hello. Like this is call go down?
Before shoot your mouth off tell me whats the RRP first
 

Spidey10

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simi USD, here sg forum, say sgd la.

can don't believe me la. that's what i predict.
if you have enough money, want it now, i say go buy now.
why wait?
ND touching 15k already ler... probably let go at 14.5.
I agree, Got money buy... dun wait.
Wait 1-5 yrs, still waiting... buy now, syok syok on the wrist...
 
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