I don't think it's about the rich getting richer, it's simply the case that Rolex watches are no longer watches in the true sense of the word and are simply a commodity. People aren't trading them because the buyer wants a nice looking watch, the buyer simply wants a symbol of their affluence that will potentially increase in value. I think it's sad in a way because I'm sure that there are Rolex owners who really like their watches and credit to them. However, there are a large number of Rolex owners who will have no interest in watches. I suppose you could use the analogy of a wealthy single person. With any potential partners, would they ever know whether the person wants them for their wealth or for who they are.
Please don’t get me wrong, I don’t hate Rolex or gold and glitz watches , they are just not for me. We all are different and we have different choices.
Most of my friends wear their Rolexes proudly and why not , the only watch that exists for them is Rolex because they really don’t care or have an interest in mechanical watches, they love the status that comes with wearing a Rolex. For me it is the complete opposite but then again I am not normal anyway
When my choice changed for watches from dress to a bit more casual I started wearing a Lange instead of a Patek or VC.Nowadays a Bremont suits my attire and lifestyle perfectly.
hence the point I made earlier about Rolex being more a commodity than a watch. I wonder what the ratio is with those who admire Rolex watches between those who like the watches themselves and those who simply see the status that a Rolex provides (or is perceived to provide)