I like to browse through Rolex subreddit on Reddit and came across something concerning and sad.
ROLEX OWNERS HAVE BECOME A TARGET FOR THEFTS BECAUSE THIEFS HAVE REALIZED THE VALUE OF THESE WATCHES.
Under one post, it was referring to what is happening in London.
Rolex owners are getting stabbed without question… what a crazy world is this now?
Obviously there are more pressing issues around the world right now… but fairly rampant street robberies involving serious injuries in a major established city like London is highly concerning.
I don’t think we hear of these incidents in America, but usually things spread.
WHAT DOES THIS MEAN FOR VALUE OF ROLEX?
These stolen watches will not have boxes or papers, but it appears they still carry significant value with good liquidity – enough so that these robbery cases are increasing.
This new variant that we are just hearing is makes supply even more scarce.
For now, PROTECT YOURSELF AND PROTECT ROLEX BY BEING CAREFUL ABOUT WHEN YOU WEAR YOUR ROLEX.
I am sticking with my Tag Heuer Aquaracer when I am in the wild.
Tag Heuer Aquaracer on rubber strap is definitely something else.
Happy investing, watch-collecting, and thanksgiving!
