You are reading a single comment by @Regal and its replies.
Click here to read the full conversation.
-
Money laundering is certainly a thing, it was quite a problem in auctions for a while, especially the art market, and I think I heard the Swiss authorities started clamping down on it.
But there are other things too, you could see it as essentially a capital gains free investment, which is what a lot of the current hoovering up of any and all Rolex at retail looks like. And of course there is also the ability to wear an easily liquidated high-value watch across a border rather than carry large amounts of cash. But I really don’t know what is and isn’t happening, I’m just assuming if it’s plausible then it’s probably going on.
Regal
Its incredible rolex hold there value, they make close to 1 million products a every year.
Money laundering tool imo.