Prices for hottest Rolex models are falling fast says secondary market specialist

[strettyend]

Saw this on my google finance feed and thought you all might like to read:

https://usa.watchpro.com/prices-hott...et-specialist/

[ALF61]

I wont waste my time. It is faster to look at what the going rate is at DavidSW. That will tell you all you need to know.

[Kamen]

Originally Posted by ALF61

I wont waste my time. It is faster to look at what the going rate is at DavidSW. That will tell you all you need to know.

This to a T. My first reference point even before Chrono24 lol

[superstarmar]

Originally Posted by ALF61

I wont waste my time. It is faster to look at what the going rate is at DavidSW. That will tell you all you need to know.

You do know David is on the high side regarding the
models in demand, right ?

Most of his watches are priced accordingly though.

[Bigblu10]

Originally Posted by superstarmar

You do know David is on the high side regarding the
models in demand, right ?

Most of his watches are priced accordingly though.

He has much higher overhead than most sellers here. A B&M store, employee(s), and his name/reputation. He is no longer (small time).

[superstarmar]

Originally Posted by Bigblu10

He has much higher overhead than most sellers here. A B&M store, employee(s), and his name/reputation. He is no longer (small time).

Yes, I've been to his store in Orlando.. it slipped my mind.

[ALF61]

Originally Posted by superstarmar

You do know David is on the high side regarding the
models in demand, right ?

Most of his watches are priced accordingly though.

I disagree. Taking into account he is a trusted seller who just recently made right on a mistake, I find his prices surprisingly on the low side of the chrono24 offers. Take a BLRO for instance, 18.5k is not high for a fully stickered watch try to find that on chrono24. And believe me, if I wanted to get a watch on the secondary I would rush to David and no one else.

[superstarmar]

Originally Posted by ALF61

I disagree. Taking into account he is a trusted seller who just recently made right on a mistake, I find his prices surprisingly on the low side of the chrono24 offers. Take a BLRO for instance, 18.5k is not high for a fully stickered watch try to find that on chrono24. And believe me, if I wanted to get a watch on the secondary I would rush to David and no one else.

I'm not saying David isn't awesome, just saying he's on the
high end for certain references... I don't blame him ...
He has a business to run.

[TimeToWatch]

Originally Posted by superstarmar

You do know David is on the high side regarding the
models in demand, right ?

Most of his watches are priced accordingly though.

Good for him...his reputation at this point certainly justifies a premium. You should always buy the seller and a trusted seller like David is worth the extra $$ versus some random Joe on Chrono24

On the original subject of this thread - total BS. As others have said, check Chrono24, DavidSW, etc...prices are at all time highs.

[ALF61]

OK so I lied and did read whatever was there for free--definitely wont go further.

So he sells the Pepsi everyday on Chronext ? he has access to well over 200 Pepsis per year ? ZERO credibility !!

[Zakalwe]

Isn’t this a bit like a man in the middle of a rainstorm telling you that it’s bone dry outside? You could take his word for it and walk out the door without your coat. Or you could just look out the window.

The BLRO isn’t the best example because it was a new reference surrounded by massive hype. A correction in the secondary market is to be expected.

Prices for the hottest Rolex references are only going one way round this part of the world.

[GradyPhilpott]

Whether or not the prices are falling, fast or otherwise, the prices will fall and the wise man is just waiting to pounce when the prices are right.

[Watchgeek5000]

Originally Posted by GradyPhilpott

Whether or not the prices are falling, fast or otherwise, the prices will fall and the wise man is just waiting to pounce when the prices are right.

This!

[csaltphoto]

For what I just bought it doesn't seem to be true. Prices are up almost a K in the last month. I like to think I got a "good deal". I bought a model that is no longer made (but still modern: 14060M/4 line/box and papers) so that factors in as there are a finite number. But not vintage in any way.

[Mrngrz46]

Another dreaming post....accept the fact that if you want an hot rolex or Patek you need to have more than solid relation with your AD and that's it. The pieces will come at right time to the right people....if you are not among them accept it and if you want absolutely that model pay what market say otherwise is full of beautiful watch ready on stock.

As long as drug, weapon, etc market is not stopped, so the luxury stuff will do.
I'm joking...but reality is not so far...

[strettyend]

Originally Posted by Mrngrz46

Another dreaming post....accept the fact that if you want an hot rolex or Patek you need to have more than solid relation with your AD and that's it. The pieces will come at right time to the right people....if you are not among them accept it and if you want absolutely that model pay what market say otherwise is full of beautiful watch ready on stock.

As long as drug, weapon, etc market is not stopped, so the luxury stuff will do.
I'm joking...but reality is not so far...

I have no skin in the game and was merely just sharing something I came across that I thought was pertinent to the interests of this forum. I'm not obsessed with SS sport watches and refuse to pay any sort of premia on any watch whether it be 2x or +5%.

[cornerstore]

This is the January effect, happens every year. Last year the Daytona C dropped slightly then rebounded higher. Where the price mashing happens is the used ones hit the market at a discount to the BNIB pieces and that drops the overall grey market prices. The excess gets taken out of the market and those who sat waiting for bigger drops jump in at some point and prices whipsaw higher. Much like stocks behave. Seen it every year on hard to get pieces.

[exador]

BLROs were dropping $1000 per month until they reached $16k. Then the dealers refused to budge.

If Rolex releases a Coke at Baselworld, the dam will bust.

[ArtNouveau]

So a guy I’ve never heard of on a website I’ve never heard of says prices are falling? Must be true.

[DonBateman]

It is bound to happen sooner or later. I would pay a slight premium for a piece I really wanted but paying double for a BLRO is crazy IMO.

[WJGESQ]

Originally Posted by DonBateman

It is bound to happen sooner or later. I would pay a slight premium for a piece I really wanted but paying double for a BLRO is crazy IMO.

Agreed. That's just begging to lose money.

[mk2jag]

Originally Posted by DonBateman

It is bound to happen sooner or later. I would pay a slight premium for a piece I really wanted but paying double for a BLRO is crazy IMO.

I would not pay a cent over MSRP. Never have and never will. which means I won't be getting one of those HOT Rolex models,,,no problem at all...

[DonBateman]

Originally Posted by mk2jag

I would not pay a cent over MSRP. Never have and never will. which means I won't be getting one of those HOT Rolex models,,,no problem at all...

I think that is a wise decision.

[rambo99]

i think its only true regarding the 2018 new releases like the blro and chnr. their prices has been falling quite a lot since the first day hitting the market.

[2001jesper]

Just checked DavidSW - Never seen the White 116500 as high; Black steady around 21. BLRO had been slowly decreasing in price since release, but nothing drastic

[WJGESQ]

Originally Posted by 2001jesper

Just checked DavidSW - Never seen the White 116500 as high; Black steady around 21. BLRO had been slowly decreasing in price since release, but nothing drastic

Maybe when the Coke is released. It's gotta be in the works.

[vtsnowplow]

Originally Posted by 2001jesper

Just checked DavidSW - Never seen the White 116500 as high; Black steady around 21. BLRO had been slowly decreasing in price since release, but nothing drastic

Daytona seems to be rising again!

[HogwldFLTR]

Kind of glad I traded in on the Platona when I did.

[TimeToWatch]

I disagree. I check prices of popular models on Chrono24 regularly, and if anything, prices are at or near all time highs. Close to $23k for a 116500...enough said...

[peterpl]

I've been saying this for months already. One of my very closest friends is a gray dealer in Asia.

He saw it start with the BLRO. You must be stupid to think ALL Rolex watches will continue to rise forever. Seriously come on people. Dont be so naive. These are all NON Collectible, NOT Rare and MASS Produced. LMFAO.