Coronavirus Watch 8: Grail Watch? WAIT!

Grail watch Rolex for sale (courtesy bernardwatch.com)

Prices for Vintage Watches Are Dropping. Here Are 13 Worth a Look, From Rolex to Patek Philippe, robbreport.com announces. Prematurely. This is not the time to dive into the pre-owned or new grail watch market. In fact . . .

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Rolex – Buy, Sell or Hold?

Rolex sales at Watches of Switzerland

“The coronavirus is keeping Chinese tourists away from its London boutiques, British retailer Watches of Switzerland said,” reuters.com reports, “but local demand for Rolex sales is so strong it is making up for the decline.” And once that demand is satisfied? The Asian Rolex market’s coronavirus-caused disappearance spells good news for people waiting for a Rolex, bad news for Rolex resale . . .

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Rolex Daytona Alternatives

Rolex Daytona

Who doesn’t want a stainless steel panda-faced Rolex Daytona? Who wants to pay $13k+ to own one – assuming you could find one to buy? Or shell out nearly twice that amount for a pre-owned RD. Not me. If we’re on the same page, it’s time to turn the page and find a cheaper, immediately available alternative. Criteria: it’s got to be a quality, white-faced stainless steel chrono. Here are the fab four . . .

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Rolex Shortage 2020 -> Rolex Price Hike

Rolex OP39 - part of the Rolex shortage

The Rolex shortage remains in full force. Certain models – the stainless steel Daytona, GMT-Master II and Submariner – might as well be made of unobtanium. Models further down the food chain – the stainless steel Explorer, Air King and Oyster Perpetual – aren’t sitting on the shelves, either. They come in, they go out to waiting customers. As we enter the New Year, strong demand has facilitated yet another Rolex price hike, as follows:

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Buy a Watch Abroad? Don’t Do It!

Don't buy a watch abroad! Jaeger LeCoultre Polaris

There is an enormous temptation to buy a watch abroad. You’re on holiday. The bills are at home. Factory tour? Sure! The horological urge is equally strong at the airport duty free shop. Or that fancy foreign watch boutique you entered “just to look around.” Don’t do it! Don’t buy a watch abroad. Here’s why . . .

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