By Veronika Bondarenko Economic turmoil is taking its toll, even on the wealthy, creating an opportunity to acquire a key status symbol for less. Economic turmoil can be painful, but it can also create great opportunities. For those with a hankering for one particular luxury item, the market is turning their way. Cheap is hardly the word to use when describing a luxury watch that costs upwards of $20,000. Neither is bargain-hunting as, even when prices do drop and investors set in, those in the market for a Rolex Submariner or a Patek Philippe Nautilus have already made the decision to shell o…