I was in the shopping centre the other day and they is a few watch shops and a couple that sell pre owned Rolex’s. I normally have a look at them there nominally a few subs and Daytona’s and I’ve seen the prices coming down on them. But still to high for me to justify then I seen a two tone datejust on a jubilee from the early 2000’s for about £7k.
I tried it on but to be honest it felt rubbish for the asking price. I get it’s a 20 year old watch. But the bracelet felt and looked on par with a seiko5 that’s not knocking the seiko’s but they are affordable watches not a luxury watch. The dial wasn’t anything special as well when you looked at it closely to be honest.
It made me think who? is paying these prices £7k for a 20 year old mass produced watch. Are they that desperate to own a Rolex they are willing to pay above and beyond and how good of a job Rolex have done at marketing to get people this way!
I understand with new models people paying more it’s supply and demand. However they are new 1/3 years old with all the new features I still think they are overpriced but all watches are now. I also find it a bit weird that the company that seems to sell the most watches in the market when looking at graphs according to “YouTube” is also the same company that you can’t just walk in and buy a watch from at the same time. But that’s a different story for another time
Would like to get people’s thoughts on this am I just a poor guy that can’t afford £7k on a old obsolete watch? And people with lots of money don’t care because £7k is nothing to them?
I will say they are a cool classic iconic watch but it’s still old and dated compared to a modern one