Did I miss the boat?
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  1. #1
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    Did I miss the boat?

    I seem to come across threads about price increases and others that show the not-so-long-ago prices of certain watches which would make a lot of them very affordable (yep I used the "a" word).

    Like Nomos Tangente for literally half the current price, Omegas for a good $1500 less, Rolex's in the $5k range.

    I would like to hear from someone who has been a WIS for many many years. Is this normal or did prices recently (within 5 years) start sky rocketing?


  2. #2
    Member omega1234's Avatar
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    Re: Did I miss the boat?

    prices are constantlly rising
    Collection:
    Vacheron Constantin Overseas
    JLC Deep Sea Chrono
    Breguet Marine Grande Date
    Tudor Black Bay Black
    Omega Speedmaster 3570.50


  3. #3
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    Re: Did I miss the boat?

    i did the math once... might be in the rolex forum somewhere...

    the rolex explorer was $165 40 years ago... 8.3% year to year increase like clockwork.

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  5. #4
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    Re: Did I miss the boat?

    Yeah. Prices have gone stupid the last few years.

  6. #5
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    Re: Did I miss the boat?

    Plus, you showed up at the wrong pier.
    Xwing likes this.

  7. #6
    Member 440saw's Avatar
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    Re: Did I miss the boat?

    How do we not know he is on the boat? OP, can you hear a fog horn?
    LOL.....The inflation in watches seems to be directly tied to the demand by brand....and as some become too pricey for many...the next in line start to go up.


    Quote Originally Posted by Watchbreath View Post
    Plus, you showed up at the wrong pier.

  8. #7
    Member LesserBlackDog's Avatar
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    Re: Did I miss the boat?

    Quote Originally Posted by Memphis1 View Post
    i did the math once... might be in the rolex forum somewhere...

    the rolex explorer was $165 40 years ago... 8.3% year to year increase like clockwork.
    Maybe I'm doing something wrong, but I just did calculated $165 with 8.3% growth over 40 years and only got to $4,000. That's pretty far beneath the current Explorer 1 list price as far as I can tell - even on the grey market, it's priced above $5k.
    Cheers,
    Ben "LBD"

  9. #8
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    Re: Did I miss the boat?

    And also the decline of the perceived value of 'fiat' currency.
    Quote Originally Posted by 440saw View Post
    How do we not know he is on the boat? OP, can you hear a fog horn?
    LOL.....The inflation in watches seems to be directly tied to the demand by brand....and as some become too pricey for many...the next in line start to go up.
    440saw likes this.

  10. #9
    Member Perseus's Avatar
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    Re: Did I miss the boat?

    You also missed the boat on McDonalds too. You used to get a hamburger, fries, and a shake for a quarter!
    The price of everything is always going up. As a goofy example I recently sold a 1967 Ford Mustang for 30k. If you bought the car in 1967 it costs you about $2,692. Adjusted for inflation that's about 18.5k. A new V8 Mustang today will cost over 30k. A 2013 Mustang it completely different and improved from the old model and I think it justifies the additional 11.5k. Some watch companies, like Omega, are rolling out new models that cost more but are superior to the old models which I believe justify the increased price. Some companies just uplift the price, presumably for inflation and because they can, without significant changes to their watches. Maybe in 5-10 years people will think the prices we're paying now are a steal.


  11. #10
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    Re: Did I miss the boat?

    Quote Originally Posted by LesserBlackDog View Post
    Maybe I'm doing something wrong, but I just did calculated $165 with 8.3% growth over 40 years and only got to $4,000. That's pretty far beneath the current Explorer 1 list price as far as I can tell - even on the grey market, it's priced above $5k.
    I put it into excel and came up with $4,005.18. Gray market price appears to be around 5.7k+ on the Explorer I


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