Economics

The index of Rolex Watch Prices is at its lowest level since November 2020, down 31% from the peak in March 2022.

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

And that's around twice the original price.

You think luxury money is going elsewhere this time more like: cars, tech, stocks, crypto?

Good. The official AD stance on simple questions such as "hey, can I buy a watch I like from you without having to bring your presents and bribe you in an attempt to sell me the watch you say you're selling" gets boring soon. 

There are plenty of good/great watches besides Rolex, and no, I'm not buying 7 more weird ladies watches or other jewelry bcs you want a "purchase history" with me. 

The subs are coming back to shops, the DDs are coming back, the steel daytonas are coming back. Hope the grey market dies off quickly.

Rolex prices are ticking down a reminder that even luxury markets aren’t immune to corrections. Time to buy or wait for deeper discounts? 🤔