The pricing dynamic of vintage Rolex is interesting, but it makes sense; so many of the sports models had quickly escalated up in price and value; certain specific pieces had some very sharp increases that seemed to compound on an almost daily basis. Certain models like the 1675, 16750, 5513 were late to the party... I suspect that many who wanted in on the investment phenominon saw these options as their foot in the door, hence pushing prices up to current levels as a result. Meanwhile, pieces like the 6263/5's and some of the divers have started coming back down in correction (though the top of the top still command premium prices).
Interesting, cause it wasn't that long ago that everyone (both here and gen fora) were astounded to bear witness to the first $25k DRSD; these days, those prices have exceeded that threshold far beyond, yet I've seen some pieces (full package as well) start to stall out in the $40k range.
Then add in the curent economic strains....
I still maintain that a good deal and value is likely to be had at an IWJG show... Folks are looking to liquidate... If you wait until the last or second to last day of the show (while dealers are packing up), you can probably strike a good last minute deal...