ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
12 August 2023, 07:06 PM | #91 | |
2024 Pledge Member
Join Date: Nov 2020
Real Name: Mitchell
Location: EST, EAT
Watch: Trusty Explorer
Posts: 1,083
|
Quote:
We can skew anything to have some title of first, but first place doesn't always matter. |
|
12 August 2023, 07:30 PM | #92 |
2024 Pledge Member
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 10,673
|
|
12 August 2023, 08:04 PM | #93 | |
Banned
Join Date: Aug 2019
Location: EU
Posts: 806
|
Quote:
Quite a few examples here where buyers got cold feet once the AD called them sooner than expected (within a few weeks compared to a few months back in 2020) for certain references thus creating the effect that these watches are not that hard to come by anymore and that the buyers will likely lose 20% of the value of the watch as soon as they get out of the store if they decide to sell them or if they are in suddenly in need of a cash after the purchase. Not to mention that at this point probably 50% those who are clogging the waiting lists are flippers who are interested in nothing but a quick profit. Once they realize there's no profit to be made they will move to something else. We will likely never see the watch hype in our lifetime again as we did in 2019-2022. This is now a whole different world compared to 2020 in terms of helicopter money and lock down effect. Trend is also changing and the hype is moving to something else as with everything in history. |
|
12 August 2023, 08:21 PM | #94 | |
2024 Pledge Member
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 10,673
|
Quote:
I can't understand how walking into a shop and buying something I want is less desirable than not being able to. But I guess that's my problem to deal with! At the moment I'm waiting for a high demand camera. The internet was on fire about it. Everybody wants one. I wish everybody would stop wanting one so that I could buy mine. |
|
12 August 2023, 08:56 PM | #95 | |
"TRF" Member
Join Date: May 2013
Location: London, UK
Posts: 31
|
Quote:
|
|
12 August 2023, 10:18 PM | #96 | |
2024 Pledge Member
Join Date: Aug 2014
Real Name: Francisco
Location: San Juan, PR
Watch: Is Ticking !
Posts: 25,181
|
Quote:
Sent from my iPhone using Tapatalk Pro
__________________
Francisco ♛ 16610 / 116264 Ω 168.022 / 2535.80.00 / 310.30.42.50.01.002 / 210.90.42.20.01.001 Zenith 02.480.405 2FA security enabled |
|
13 August 2023, 08:44 AM | #97 | |
Banned
Join Date: Dec 2022
Location: Philadelphia
Posts: 281
|
Quote:
Sent from my iPhone using Tapatalk |
|
13 August 2023, 11:55 AM | #98 |
"TRF" Member
Join Date: Apr 2019
Location: Australia
Posts: 220
|
126710BLNR full set, just sold $14,200.
|
13 August 2023, 11:58 AM | #99 |
"TRF" Member
Join Date: Apr 2019
Location: Australia
Posts: 220
|
Holding old stock in hopes it will gain value in a falling market is not a great long-term business strategy.
|
13 August 2023, 12:14 PM | #100 |
"TRF" Member
Join Date: Jun 2015
Location: Bay Area
Posts: 509
|
|
13 August 2023, 12:17 PM | #101 |
"TRF" Member
Join Date: Apr 2019
Location: Australia
Posts: 220
|
|
13 August 2023, 12:19 PM | #102 |
"TRF" Member
Join Date: Jun 2015
Location: Bay Area
Posts: 509
|
|
13 August 2023, 12:49 PM | #103 | |
Banned
Join Date: Dec 2022
Location: Philadelphia
Posts: 281
|
BLNR Price Crash
Quote:
I’m not sure our resident Grey Dealers are Harvard educated MBAs here. They haven’t had to actually sale a watch in about 5-6 years, the market sold it for them. The desperation is showing in their ads. A trusted seller is using the term “unworn condition” BLNR is from 2019. In other words, this model has been polished and possibly laser welded to reflect unworn condition. I’m going to enjoy the downfall. It’ll be fun to watch. We can go back to having 2-3 trusted sellers and the rest will be flushed out. Sent from my iPhone using Tapatalk |
|
14 August 2023, 05:54 AM | #104 | |
"TRF" Member
Join Date: Jul 2013
Location: US
Posts: 410
|
Quote:
|
|
14 August 2023, 06:00 AM | #105 |
"TRF" Member
Join Date: Jul 2013
Location: US
Posts: 410
|
Thanks to those for posting what is really happening with the market and on MODA for those of us that aren't on Facebook much. When you look at gray prices and see them not moving, it gets frustrating when you're a watch enthusiast that wants to buy, not one that simply wants to flip. I understand all sides of the hobby and some wanting to flip and make money, others wanting a status symbol and others really enjoying watches and the history. Don't really care which category someone is in, but as someone that does want to purchase a watch that they've wanted for a while, seeing the market cool a bit is refreshing.
Will continue monitoring the 116500 market and if it drops enough in the next 6-12 months will go that direction. If gray prices remain nutty, will grab a 16570 most likely from a reputable vintage gray dealer and enjoy that for a few years. Have yet to try a 5 digit piece. |
15 August 2023, 12:01 PM | #106 | |
"TRF" Member
Join Date: Apr 2019
Location: Australia
Posts: 220
|
Quote:
|
|
15 August 2023, 04:21 PM | #107 | |
2024 SubLV41 Pledge Member
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,759
|
Quote:
I’ve bought many grey watches and not once it was not as described.
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
|
15 August 2023, 11:49 PM | #108 | |
"TRF" Member
Join Date: Jul 2013
Location: US
Posts: 410
|
Quote:
|
|
17 October 2023, 04:28 AM | #109 |
2024 Pledge Member
Join Date: Nov 2007
Location: Pacific NW
Posts: 722
|
Anyone have any recent luck getting one at MSRP?
__________________
Rolex Day-Date 118208 YG/Datejust 116139 WG/116231 TT/GMT2 116710 BLNR SS Patek Calatrava 5096 RG - Omega Speedmaster 3861 Sapphire SS - Cartier Tank Louis 1140 YG Panerai GMT 233 SS - Zenith ChronoMaster 01.0240.410 SS - Ebel 1911 Chrono 1134901 TT - JLC Reverso Duo Q2714910 SS Laine V38 SS - Grand Seiko SGBA407 SS - Baltic Aquascaphe SS - Garmin Approach S62 - Casio GShock 5600/9502 TAG Heuer Formula One - Swatch MoonSwatch Mission to the Moon/Mercury/Jupiter/Neptune/Lava |
21 October 2023, 11:49 AM | #110 |
"TRF" Member
Join Date: Dec 2019
Location: SA,TX
Watch: 16570,BLNR,116610
Posts: 2,241
|
Check out my post I just got the call from my AD on 10-6, I waited 3 yrs for one. I was so curious to see was a grey would pay so as soon as I walked out the AD, I sent them pic's and they immediately called me and only offered me $14K!!!
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.