virtual values and I have never believed. a used 5711 for me is not worth more than 70k , the same a platinum Daytona. My 16710 M series in blister is worth more.
I think that in this community, the consensus is that the current state of the market is regrettable. Not because we’re not crypto bros or whatever, but because folks here are interested in watches not as investments and signifiers of wealth, but as techn...
virtual values and I have never believed. a used 5711 for me is not worth more than 70k , the same a platinum Daytona. My 16710 M series in blister is worth more.
When I can walk into a boutique and get a Rolex submariner, Daytona or other sports model, at RPP. Not too long ago, this was the right way to buy Rolexes and boutiques actually threw in some discounts too. Ok time to wake up to the new reality 🤣
Rolex is able to allocate to its good collectors virtually all of its 1M (!) watches a year, Patek its 65k (figures from 2021), and FPJ its 1k (or probably less). It's an obvious corollary to this that anybody else who wishes to purchase a timepiece from ...
Article seems to assign a lot of blame to crypto. And is forgetting consumer sentiment, the fact that there's a big Russo-Ukrainian conflict going on, high interest rates, and other factors outside of crypto. Poorly written. Designed to get eyeballs and l...
Bloomberg likes to get the blood going with Patek Philippe is on sale articles. They're full of surprises! You're right, I shouldn't expect better. But Bloomberg, NYTimes, even CNN used to be reasonably good. Now CNN is filled with typos. Bloomberg's numb...
As I desperately try to remain apolitical in this reply, let me just say that while I honestly have zero trust in any of the outlets you mentioned, I'm much more concerned by the fact that it would be hard for me to name *any* news source that I trust in ...
That said, there could be a correlation that the article didn't make between crypto investors and the customers that were buying these specific hype pieces at these crazy prices at the top of the market. Impossible to prove but totally anecdotally I do se...
I know of a crypto millionaire who bought a GT3. Doesn't know how to drive it. But he's thrilled! And I guess I should be thrilled for him. And I shouldn't criticize him for not knowing how to drive a 911. It's not easy to drive a 911 well. Although the l...
The more over MSRP a thing, the more desirable it is to that crowd. Crazy times. Agree, sharing the track with guys with impossible to get PTS GT3rs driving as slowly as possible feels so wrong. I want to be open minded and skill shouldn't have anything t...
And if you don't have access to a brand, just recalibrate and pick a different one (there's plenty of them, old and new!) and you'll be happy anyway Apparently I don't have such a huge following though, because if people listened to me, all this "hype" wi...
The earlier 911 models such as the 996 and 997 chassis were fickle machines. If you didn't feather the throttle mid turn, you could spin the car. And one thing that's unique about 911s is that you can actually start getting on the throttle super early mid...
Newbies in modern 911s are coming fairly close in lap times as the experienced 911 drivers in the same modern cars. Why? Because since the 2012/13 model year, the 991 generation of 911 has these super advanced computers that really know what the car is ca...
My first track car didn't have traction control and the ABS would go off after a few sessions when the car got hot... along with my second gear. My second track car was undrivable with it's primitive traction control on so it had to be turned off but then...
In more recent years as the craze for modern pieces have caused a surge in prices, I have grown a certain disgust for them. There’s just too much speculation . The profits on modern pieces have been insane. You can see the used dealers website change thei...