Is the Batman losing popularity? Why does it seem like that?

[Delhiwatchjunkie]

Is it my imagination or is the BLNR Jubilee losing popularity in the market?

[Commonproject]

Because people are realizing it's not worth it to pay 50% over retail for a mass produced model and the market is being flooded with them

[peterpl]

All the watches are.

After 2+ years of hype it gets to a point where everyone just gets over it and starts moving on.

I'm feeling all watches are dying down again. Not only Rolex but AP/Patek all of them. If you look on insta each watch picture used to have 1000+ comments. Now most of the posts have 5-10 comments max and thats it. Thats a good sign ppl just dont care anymore.

Plus the hype is all downhill, flippers are gone so not many ppl are making $$$ which in turn equals less interest. We had a massive influx of non watch people around just to make a few grand on the flip. They cant do it now or its very hard due to the gray dealers offering much less now in what is now a soft market so those guys have all pissed off as well.

[Manu74]

I think Batgirl is less popular than Batman.
Pepsi on jubilee is way more popular than Batgirl.

[WatchLurv]

1. Chinese stopped buying in Hong Kong due to protest
2. Prices will take a dip when first second and third wave has been sent off
3. Combination of the 2 above is the price you see today. Still at premium due to Rolex's cut in supply.

[zian]

it's good to hear that, too much hype for nothing

[LooseCann0n]

Oh no - and I’m just about to buy one... maybe I won’t bother if it’s not popular!!

J/K - roll on January for a good deal hopefully!


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[Pentameter]

It’s a lot of factors, but one of them is that prices got to a point where they basically were too high to be sustainable. Once you get to 20K and half of that is premium over retail, people are thinking should I really be spending my money on a watch? I could buy a car, or tons of other things - or a watch that is actually precious metal. Just a lot of factors really.

[0-60]

Originally Posted by Pentameter

It’s a lot of factors, but one of them is that prices got to a point where they basically were too high to be sustainable. Once you get to 20K and half of that is premium over retail, people are thinking should I really be spending my money on a watch? I could buy a car, or tons of other things - or a watch that is actually precious metal. Just a lot of factors really.

This...

I’m going to speak to my dealer next year about getting me a Pepsi unless I can get the ask black at a good price as that’s my first choice.

[PepsiBezel]

The BLRO and BLNR are two different watches. The BLNR has been available in SS for 7 years in some form. The jubilee version is new, but I don’t think it is that substantial a change. The BLNR had a market premium, then the BLRO was released in SS and had its own premium. The “batgirl” version was released and resellers tried to push its market value to on par with the BLRO, when really it should have remained closer to the 116710BLNR. Now we are seeing the market adjust down accordingly.

Given the unique circumstances of the Batman/girl, I don’t think it is wholly indicative of the other popular Rolex SS professional models.

[Ny325]

I think the Batman was overhyped by us, watch enthusiasts. Now prices are insane, we, don’t want to pay, nor should we. So we caused this. Prices hopefully come down, when the demand Slows down.

[Seibei]

The Batman is no longer being produced. I believe the watch you are talking about is the batgirl.

[ricardoo]

How funny it was.. when the BLNR Jubilee just released , some people called it "Batgirl" and i remember here on TRF many people was angry ... Now i can see that most of the people called it as "Batgirl" and the Oyster one as "Batman" ...

[eijiboy]

A lot of people here also said that the price will go up again during the xmas holiday due to people love to spend on things. Guess what? Its still coming down. They dipping to 13k now on batman.


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[mash_taylor]

I think there are market changes that aren’t exclusive to the BLNR, but also Jubilee just isn’t as popular as Oyster.

[TswaneNguni]

Batman found out that batgirl had an affair with Bluesy ( That timeless boyish good looks .. )
He felt lost in value.
Hulk stepped in and clobbered Batboy over the head with a faded pepsi ...
'" Wake up sonny,you are not worth your little pointy ears !! Man up !! "

You want to use little animation titles,we talk in cartoon language .

[JonaG]

BLNR works best on Oyster and people know it.

[joli160]

Silly nick name business is the reason. Who wants to spend 10K and only hear silly comic book character names about his watch.

Besides, getting associated with this

[rambo99]

I love the batgirl. i have been monitoring the grey price for several months now, would probably bought it once it drop below hkd 100,000.

[Fleetlord]

I am normally accepting of the nicknames, but this “Batgirl” moniker for the BLNR on jubilee is awful.

[-Ally-]

Because it looks much better on oyster bracelet.

[0-60]

Originally Posted by -Ally-

Because it looks much better on oyster bracelet.

I’ve been thinking about it recently and it does look better on the oyster.

[kwingy]

The way I look at it IMO:

- The batman was a nice watch when it came out but I know a lot of people that didn't bond with it and it was a watch that was constantly flipped for minimal profit.
- The SS shortage came about and suddenly the Batman and Hulk were being sold for silly prices and become very hyped because their values suddenly became very desirable again. Social media aka Instagram had a lot to do with it.
- The market is slowing down rapidly because of already mentioned factors and watches like the Batman and the Batgirl are now suddenly seen as way way too overpriced and have been for some time.

So in short yes they are losing popularity again which is a good thing if you want to get one now cheaper then say 4 months ago where they were being sold for 50% over retail. Sucks obviously if you bought purely for retention value but surely people didn't think this was going to on for ever.

[bezler]

We may not like the nicknames, but it's important to distinguish the two when discussing value. The batman is obviously preferred, and it's been discontinued. The batgirl just had its introductory price bubble. There's no reason to expect their price trajectories to align.

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[peterpl]

Originally Posted by kwingy

The way I look at it IMO:

- The batman was a nice watch when it came out but I know a lot of people that didn't bond with it and it was a watch that was constantly flipped for minimal profit.
- The SS shortage came about and suddenly the Batman and Hulk were being sold for silly prices and become very hyped because their values suddenly became very desirable again. Social media aka Instagram had a lot to do with it.
- The market is slowing down rapidly because of already mentioned factors and watches like the Batman and the Batgirl are now suddenly seen as way way too overpriced and have been for some time.

So in short yes they are losing popularity again which is a good thing if you want to get one now cheaper then say 4 months ago where they were being sold for 50% over retail. Sucks obviously if you bought purely for retention value but surely people didn't think this was going to on for ever.

Agree with all your points.

I still find it hard to believe there are people that thought all this crazy prices would continue on forever and increase indefinitely.

These are watches people and MASS produced ones at that (its not the same as holding Real Estate) - LOL. Private sales for BNIB BLNRs "batgirls" or whatever you want to call it are going for mid 12's now with no sign of it slowing down. Dealers asking high 13's or 14s are not selling anything. No one is buying at those prices.

I feel for the guys holding multiple of these SS hyped watches and that bought them for peak hoping they would continue to go up. I've been saying it all along that is a suckers game.

[jaisonline]

Originally Posted by Fleetlord

I am normally accepting of the nicknames, but this “Batgirl” moniker for the BLNR on jubilee is awful.

Ditto. Wish people would stop with this one. Just silly.

[AK797]

Batgirl name certainly hurts when you are trying to show off on Insta, when buying is so superficial now this nickname was hara-kiri, but newbies seem to embrace it, might as well just call it sucker.

[avidflyer]

Originally Posted by Fleetlord

I am normally accepting of the nicknames, but this “Batgirl” moniker for the BLNR on jubilee is awful.

agree

[brandrea]

Welcome to the forum. I think a bit of the shine has come off of most mechanical watches lately

[beshannon]

Originally Posted by Delhiwatchjunkie

Is it my imagination or is the BLNR Jubilee losing popularity in the market?