DavidSW is asking $11,575 for the new OP. How much bigger can this bubble get?

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Posting as :
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Dumb

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Agreed. I think it’s likely speculative, essentially a market check to see if someone will actually pay this. I wouldn’t expect them to be trading at this price, then again nothing would surprise me at this point.

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I saw that too. These are crazy times.

Why have Rolex prices shot up so much this year?

Social media fuelled demand as it reached new and more people. It does feel like a bubble as now i found everyone is talking watches. When i started to buy my luxury watch, no one really cared about watches ...
at the same time , supply is constant
For the particular rolex mentioned in this post, it is because it’s the new 2020 model and some people managed to get their hands on it first.

Wow, what will they want for something that isn't ugly?

Get bent

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