Whats going on with the prices of Rolex Watches

[Leimonis]

As far as your opinion that regular Seiko watches are better than a homage luxury watch, I would say that argument does not hold water. As many homage watches have Seiko movements and a fit and finish to rival the luxury brand watches. Re: video in post #55.

So IMHO I see value in buying a $100 homage watch from Ali Express ( all taxes and duties in ) Rather than paying$180-$250 for a Seiko at the Bay.

it’s not that they are better. I just believe that when we are past student age we should be careful with cheap copies.
For example, I like Bosch or Van Gogh but I would not put a copy of the starry night on my wall. It’s just bad taste. (I have their books though). And a cheap homage is even worse because it actually looks so close to a real thing that it may cheat some people.
Now if you need to cheat people for a living then homage is reasonable. If not then it’s just tacky.

 

[Ceiling Cat]

 

[Ceiling Cat]

How To Instantly Spot A Fake Rolex @ryan-magin

www.youtube.com

It does not matter to me if you can tell a Rolex from a fake. The homage watches these days have the quality and finish of a luxury watch, that is what is important to me.

 

[xyphy]

 

[rocco_s]

I have a few rolex. Ap. Vc. Gs. By far the best movement is the gs spring drive.

Can't beat Japanese engineering. The quality surpasses others.

 

[OntarioHappyJohn]

I hope you rich MFers are spoiling the ladies!

 

[tml]

Here is a recent article that may be of interest.
https://www.msn.com/en-us/money/com...n&cvid=63107d218c7945309a6f43706bd1b8bb&ei=29

 

[glamphotographer]

Rolex watches are a good investment piece.

 

[Ceiling Cat]

So I will be purchasing a Rolex Submariner Stainless Steal with Date, 41mm, at the local Rolex Dealer it's $12300. But know one has any, I can buy one brand new Box , Papers, tags, $17500 .
My question is WHY, this will be my 3rd Rolex and turning 60 in July, do I wait? or pay?

I would suggest you wait. There are grumblings that soon the existing Rolex models will become passé. How many Oyster Perpetual, Datejust, Day-Date, Submariner and GMT-Masters can the market absorb before it starts to regurgitate it back on to the streets. The market is saturated with existing Rolex models. Every Tom, Dick and Reginald has one. Every movie, TV star and sports personality has one. Every rapper, crapper, drug dealer, pimp has a Rolex. In these hard times these watches make it back into the open market. You do not know if it came off a murder victim of a drive by shooting. The uber rich have resorted to buying and wearing million dollar outlandish tourbillon watches.

I suspect that Rolex is going to do what Porsche did in the late 80s. There was a time when Porsche sold few cars exclusively to the rich in the same manner as Rolls Royse, Bentley, Ferrari and Lamborghini sells cars these days. In the late 80s Porsche ramped up their production and sold 3-5 times more cars with entry level models but keeping their halo mega buck cars to maintain their reputation.

Rolex is competing with themselves when people are buying used Rolex models for 1/3 the price off retail. I have heard that Rolex will be putting out soon one or more new lines of watches on to the market. Of course these "new" watches will be the same old watch movements with new cases, but it will still cause every pimp and drug dealer to speed on over to their authorized dealer to have the latest and greatest so they can drink their Cristal with their bitches in high fashion. For $5K, $10K, $15 or $20K on top of your old Rolex you might be able to score the latest Rolex model when they come out. The trades that come in will be hoarded or destroyed to maintain the integrity of the brand.

I am of the opinion these days that a car is a car and a watch is a watch, I am not obsessed with or impressed by brand names. As long as I am comfortable in my car I am satisfied. If you are concerned with the accuracy of your watch, get a Seiko quartz movement. it is more accurate than any mechanical Rolex.

Rolex watches are a good investment piece.

Except for the rare models, it would be hard for you to recoup the full price you paid ( or more ) for the Rolex. I can triple the price of the watch on the stock market every year. Homage watches are fine with me these days.