Watch market correction

[@Chris-rt8rq]

I’m satisfied with my seiko samurai I bought on eBay for $250 bucks

[@h111551]

Watch prices have definitely increased based upon the MSRPs for many of the major brands, not just Rolex. Brands like Omega and Breitling that 6 or 7 years ago offered many of their key references for $5,000 or under are now offering their current key references for closer to $9,000 to $10,000. This pricing phenomena accounts for why newer value oriented brands like Christopher Ward offered manufacturer direct to consumers outside of ordinary AD or boutique distribution channels have become so popular. I think that a lot of collectors will rethink their “must have” brands and switch from Rolex, Tudor, Swatch and Richemont brands to independent brands.

[@JaxWatchesandEDC]

I was actually looking at a neo-vintage 16200 Datejust just yesterday. While the watch is in excellent condition and recently serviced, I can’t see $6,000 for a naked watch.

[@krugmeup2162]

You said the date the correct way ! Well done Sir. Greetings from Sydney Australia 😀

[@inlandwatchreviews5745]

Thank you greetings from Hobart Indiana USA. The northern Hobart.

[@krugmeup2162]

@@inlandwatchreviews5745 Didn’t know you had a Hobart as well as a Melbourne!

[@supersonique001]

It's complete folly today! i bought my first Rolex submariner #5513 in 1967 for $210.00, my 2nd solid gold Rolex submariner date in 1989 for around $12000.00 cad. and in 1998 a Daytona for $7100.00 cad ! The collectors and speculators of today have ruined it and it has become a Tulipomania illusion for Rolex fan boys!

[@inlandwatchreviews5745]

@@supersonique001 thank you , you pretty much nailed it.