View Single Post
Old 07-21-2009, 04:31 AM  
DaddyHalbucks
A freakin' legend!
 
DaddyHalbucks's Avatar
 
Industry Role:
Join Date: Feb 2004
Location: Las Vegas, Nevada USA
Posts: 18,975
Quote:
Originally Posted by TheDoc View Post
That's a status quo I wouldn't be proud of. You spent $20k on a watch you can buy for $1500-$3000, that really costs $500 to make.
I agree they aren't a great value, but the margins are not as high as you cite.

At $1000 an ounce, some of the Rolexes contain thousands of dollars of gold alone.
__________________
Boner Money
DaddyHalbucks is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote