this post was submitted on 14 Nov 2023
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[market] Prices for used Rolex and Patek Philippe watches fall to fresh two-year lows on the secondary market (alien.top)
submitted 11 months ago by Linkaex@alien.top to c/watches@style.land
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[–] ugh_this_sucks__@alien.top 1 points 11 months ago (1 children)

Low interest rates. Crypto pump. Stock bull run. Morons on YouTube claiming watches are investment vehicles.

All the bullshit had to break eventually. Early 90s Explorers in mid condition were never worth $8k. They’re $3k watches with papers.

[–] apocalypsebaconstrip@alien.top 1 points 11 months ago

I can't wait! Miss the days of being able to buy subs and gmt's for less than 10k.