Zimbo wrote: ↑Mon Oct 18, 2021 4:15 pm
I had,'t looked at the tracker for a couple of months, suddenly found that apparently (according to MyChrono) my old 1979 stainless Rolex oyster datejust with stainless fluted bezel and jubilee bracelet seems to have nearly doubled in value in 3 months, can this be true?
AFAIK C24 goes on sales, the algorithm looks at what things have actually sold for and they know the actual price because they do an escrow type transaction so it looks like prices have made another big jump.
My wife's 2007 Yachtmaster has never been worth more than we paid until the last 3-4 months, it's been trading steadily at slightly less than we paid for over a decade and now that's also shot up by 21%. I thought I'd misread it when I saw the prices of them.
New Rolex watches are becoming unobtainable, so even though I've spent quite a lot with the dealer here I still can't get a stainless Sub for my lads 18th - which might actually be fate because he said he didn't want one, so I'm going to take him shopping over the next couple of weeks and see if he likes a Speedy or Seamaster.