Some of you may recall sometime back (maybe a year+ or so ago) that I felt a correction in vintage Rolex prices was long overdue.
Looks like that time has come. A little later than I thought, but these pieces have been (in my opinion) largely overvalued with high escalating prices in a short duration of time.
As for parts... They're also a victim to the falling price of vintage pieces. Parts were increasing in price sharply in relation to their high priced complete watch counterparts; folks who wanted a period correct 6263, 1655, 1665 DR, COMEX, MilSub, 6542 or whatever were willing to pay outrageous prices for the right parts to make their watch complete. Since prices for the watches are falling, there's no reason to pay $10k for a dial on a $15k watch.
With regards to eBay; I think Rolex is really just cracking down on parts and accessories to:
1) Eliminate questionable non-gen and aftermarket parts on eBay
2) Eliminate the source of parts made available for franken builders and those doctoring up reps
3) Tighten up the availability and distribution of parts outside of their own controlled network
What's interesting to me is that Rolex is making a large effort to sweep parts out of the Internet markets, but yet they won't fully support their vintage pieces via their RSC network (watches with calibers that are 30 years past production are typically put out to pasture save for support provided to a few valued high profile individuals out there). I wonder how many of the other vintage collectors will be shifting their focus and money to the manufacturers that do support their vintage watches, no matter how bad the customer service is *cough*Patek*cough*? Afterall... Most vintage collectors are also modern enthusiasts as well.