Had my 1970 Submariner serviced last year to give to my Son, total cost plus a free evaluation was £2200.
Hadn't thought about it previously but he now has the cost of insuring the bloody thing.
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Rolex have long had veblen status, which means people expect them to be expensive, including the servicing.
Obviously one expects a mechanical watch to be expensive to make, especially one that keeps time accurate enough to be accorded chronometer status, but in the last ten years or so prices charged by Rolex have become absurd.
The trouble is that anyone with enough money: rock stars; TV personalities; professional sports players, etc. now automatically think of Rolex when choosing a watch.
From a few days back
https://uploads.tapatalk-cdn.com/202...e88fff5f55.jpg
Gone Teutonic today
https://uploads.tapatalk-cdn.com/202...a84ee47592.jpg
Tour of the factory
https://youtu.be/9cGHqAPMliE?si=UFitBUZuICsmKQ6T
Are those marques I mentioned ever subject to forgeries, or is it only Rolex?
I'm reminded of a sign I saw near a stall in a market place in Turkey: "Genuine Fake Watches"! :lol: Oxymoron or not? :scratch: