Out of curiosity, how much higher it is these days in comparison to what you had to pay?
I just want give my opinion on the market at the moment. Take it or leave it.
We have to understand that these things "watches" are not investments anyone who sees them as such is dumb.
We have to understand that the market has amnesia, not just in watches but in almost industry because there are always new players moving in who never look at history. I have never made money moving into an inflated market.. shorting obviously being another thing entirely.
In the last 25-30 years there have been brands trading where rolex and pateck are trading right now(well only particular lines ore models). It does not last, all markets regardless of industry eventually correct themselves. Just taking two of the hottest watches ATM into consideration and historically looking back, the rolex GMT and the nautilus. Each has historically traded at a bit below MSRP. In todays market paying the massive premium to get one today will never last. There is no value in these pieces at this price, their inherent value in how they are made and what they offer is out of balance. Eventually this will be called out , when it does those who are not collectors, those who do not love these things for what they are will start dumping inventory onto the market, crashing values.
It has happened every single time.
I am not saying don't buy what you want if you can get it at a fair price, or if the premium is nothing to you. But if you must have it now understand what you are doing and if you are ok with that great, but don't cry and bail when the market shifts.
I like rolex quite a bit, and I also would love to have a 15202 but I am buying other things atm. History says I will eventually be able to get the other brands that I covet at a fair price.
I can live with money in the bank.. It doesn't hurt, and FOMO is nullified by getting things from brands who are undervalued.