>>> the sticker price has nothing to do with the cost of materials; it’s driven only by how much people are willing to pay >> why does a basic black and white

>>> the sticker price has nothing to do with the cost of materials; it’s driven only by how much people are willing to pay >> why does a basic black and white rolex daytona cost around £12k at an authorized dealer? > Because they're buying a status symbol, not a watch QED?