IMHO, I think bitcoin ramping up in value starting holiday season 2020, Available cash and COVID did a lot to bubble the market as well.
I don’t think these were dealers selling them under the table either to pump prices. Last I’d heard, Rolex had a retail waiting list since before COVID started, may have changed recently.
Edit: Rolex also supposedly has a marketing budget percentage higher than most brands as well, so there may well be truth to them pumping prices in that manner.
I don’t think these were dealers selling them under the table either to pump prices. Last I’d heard, Rolex had a retail waiting list since before COVID started, may have changed recently.
Edit: Rolex also supposedly has a marketing budget percentage higher than most brands as well, so there may well be truth to them pumping prices in that manner.