It’s no great loss to see that nonsense coming to an end, buying objects just to show off and make a fast buck is tacky and deters buyers with genuine appreciation for the items.
Whilst the profiteering on the grey markets was pretty obnoxious to those people who appreciate and enjoy the brand and its core values. The worst aspect of this increased price/value cycle has been to make Rolex a very high profile brand and attracted the criminal element and subsequently increasing occurrence of quite violent watch thefts/muggings have arisen as a result. Sue used to wear her gold Datejust all the time for decades, I had a vintage gold Submariner, plus a steel Daytona I wore amongst other pieces and they are all gone now, we sold them after a close friend was mugged for his watch in London not far from Selfridges in broad daylight by a gang of 5, not long after we had left him that day. He had been in Selfridges Rolex centre and they tagged and followed him from there. I rarely wear a watch now.
26 or so years ago, so desirable were they, a friend had his car window smashed and their Buzz light year stolen from the back seat… I’m terrified to be seen with mine now😂 Re Ferrari, curiously, I was told by two different dealers, only 50% of buyers use finance, but then I was buying and trying to convince them they need to improve the deal since those who want one “on the drip” will have left the market. Perhaps salesmen only tell you whatever would benefit them the most, who’d ever believe that!
