08-19-2019, 10:36 AM
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#26
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"Salud"
Drives: F01 & F15 / Mineral White
Join Date: May 2013
Location: The GYM! (The Burbs - N TX)
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Quote:
Originally Posted by duder13
Sure it was. Lots of working men saved up for a Rolex back then. I’m not saying a Rolex was inexpensive, but lots of military and dive teachers wore Rolex watches, just like they did G-Shock 30-40 years later. A Submariner was $230 in 1970, which equates to $1530 today. Not cheap, but not $8k. To put that in perspective, the Porsche 911’s price has risen to a bit more than double its price since 1970, accounting for inflation, but a Submariner has risen to over 5x its price in that time. After the quartz crisis, Rolex prices started accelerating.
Now we have $8k, and even $70k, G-Shocks, which is wild.
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Well put. Good points.
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