Prices slump by up to 50% for discontinued Rolex watches (Watchpro)

[Mathematoxic]

Originally Posted by GGGMT

Guess I’m not sure how lying like that pumps up prices, which continue to fall, as we all see, including the gray dealers. The psychology and the economics of a “lie pump” don’t work even in the short term.


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I guess it creates an illusion to interested parties that they need to offer higher to purchase it. Too bad there ain’t any interested party.