Welcome to another episode of Fratello On Air. In this installment, Balazs and Mike hit on two topics. We start with the fact that Swatch Group has no intentions of following Rolex into the CPO market. Next, we talk about a recent article highlighting concerns about a questionable auction that took place in 2018. Sit back and relax while we work the mics.
Yes, it's another week and that means another podcast. This time we're talking more about CPO programs and a questionable auction. Balazs is taking care of business in Karlsruhe and Mike has literally just arrived back in Frankfurt. The two kick off with a number of topics. Balazs mentions the upcoming Lego Ford GT, which features a working engine. Balazs also mentions that he's decided to bite the bullet and purchase the Adidas Stan Smith Lux. Hoch leben! Finally, we discuss TV. Balazs is watching BMF and Mike just finished season 2 of The White Lotus.
Before hitting the main topics on used watches and a questionable auction, we go through our Handgelenks Kontrolle. Mike is wearing his cherished Rolex Datejust 1600. This time, however, he has it on a new-to-him folded Oyster 7836 bracelet with 258 end links. He recently picked it up in Florida during a visit with our friend, Eric Wind. Will it stay on or will the Jubille return? Time will tell. Balazs is sporting his newly received Grand Seiko SBGA439. He loves it but is having a tough time getting the bracelet to fit and is also struggling with reflections during photographs.
A questionable auction and Swatch Group stays away from CPO
We kick off the main section with a brief mention that Rolex is increasing prices yet again. Apparently, the increase is capped at "around" 2.5%, but that brings prices up by roughly 20% since the beginning of the pandemic. Yikes! Next, Balazs discusses an article about Swatch Group and that Nick Hayek will not be following Rolex into the used market any time soon. We think that's smart! Finally, we discuss a questionable auction that took place in 2018 related to the so-called "Unicorn" Rolex Daytona.
As always, thanks for listening. If you have any suggestions for a future episode, please feel free to let us know!