Robb Report: Eric Wind Quoted On Pre-Owned Rolex

Allen Farmelo recently wrote for Robb Report "‘Pre-Owned Rolex Prices Just Keep Falling—Here Are the Best Deals Right Now‘. Within the article, Farmelo quotes Eric Wind.

“I spoke with Eric Wind of Wind Vintage to get his feel for the current Rolex market, and he told me that, “People don’t realize they can suddenly go buy a modern Rolex for less than it would cost at retail. There was all this hysteria, and so that surprises people. Especially Subs and Sea-Dwellers, those are way down.”

If you know which references to look for and how to assess condition, you can walk away with a Rolex Submariner, GMT-Master, Explorer II, or Oyster Perpetual 41 for far less than you would have just a couple years ago—in some cases, thousands less. And if you’re thinking of the purchase as an investment, you would do well to consider neo-vintage Rolex right now.

A fair warning from Eric Wind: “Even a very recent Rolex needs to be checked out before you go swimming with it. People assume that because it’s a modern Rolex, it’ll be waterproof, but you need to get it checked out.” His point is well taken, as rubber gaskets can wear out, and you can’t be sure whether the previous owner didn’t overwork the crown, or whether the watch was recently serviced.”

https://robbreport.com/style/watch-collector/go-buy-a-rolexits-officially-buyers-market-1235654739/