The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 26 September 2017, 10:57 PM   #61
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,369
Quote:
Originally Posted by airchitect View Post
It seems like with so many brands in the dumps on the secondary market people are almost hedging in Rolex/Patek and prices are reflecting the trend.
They are becoming the new Gold investment of the watch world, a flight to stability and quality.
AK797 is offline   Reply With Quote
Old 26 September 2017, 10:58 PM   #62
strafer_kid
"TRF" Member
 
strafer_kid's Avatar
 
Join Date: Oct 2009
Real Name: Kenny
Location: northern ireland
Watch: SDs, Subs & GMTs
Posts: 5,136
Quote:
Originally Posted by hitman23 View Post
madness
No doubt about it ....its all gone a bit crazy!
strafer_kid is offline   Reply With Quote
Old 26 September 2017, 11:05 PM   #63
enginerd
"TRF" Member
 
enginerd's Avatar
 
Join Date: Jan 2013
Real Name: Nathan
Location: Denver, CO
Watch: Too many
Posts: 1,008
Quote:
Originally Posted by SubCfan View Post
I also have to laugh when I go into tourneau and I ask "how much is that late 90's Submariner without papers"?
Answer: $7900
Me:
Last time I was in Vegas, Tourneau at Caesars was asking $8500 for a 2000-ish 16600, watch only as well. I told them I could get the 116600 for that, and they said "no way, those are $11k at least." I smiled and walked away. Maybe I should have sold them my 16600 I was wearing at the time. They would have probably told me my complete set was only worth $4k since it has the 'old' tritium dial.

It was the same thing at the Pawn Stars shop. Beat up over polished 16610 for $7500. Um...no.
enginerd is offline   Reply With Quote
Old 26 September 2017, 11:29 PM   #64
karmatp
"TRF" Member
 
karmatp's Avatar
 
Join Date: Sep 2007
Real Name: Trevor
Location: Arizona
Posts: 5,740
I honestly think buyers have lost their mind as well. I would never pay over MSRP for anything, never mind a watch.

I would also never pay over MSRP for the older 5 digit models. I owned them all over the years and they were not worth MSRP back then, never mind what crazy guys are paying these days.
__________________
My grails:
karmatp is offline   Reply With Quote
Old 27 September 2017, 12:02 AM   #65
VicLeChic
Banned
 
Join Date: Jul 2014
Real Name: Victor
Location: Spain
Watch: YM 116622 - SD43
Posts: 2,598
the crazy mechanics of supply and demand fueled by the recent surge in interest for vintage pieces praised by the specialized press
VicLeChic is offline   Reply With Quote
Old 27 September 2017, 12:49 AM   #66
Fleetlord
2024 Pledge Member
 
Fleetlord's Avatar
 
Join Date: May 2013
Location: Vain
Posts: 6,025
Quote:
Originally Posted by airchitect View Post
It seems like with so many brands in the dumps on the secondary market people are almost hedging in Rolex/Patek and prices are reflecting the trend.
Rolex SS Sport watches ( Daytona, Sub, GMT) and select Patek references are all that matter in the watch market at the moment.

Surprisingly, some Seiko / Grand Seiko are doing well..much better than Breitlings, TAGS, IWC, Hublot..etc.

Those brands are pretty much toxic poison at this point and are being HARD passed on by dealers all over the world.
Fleetlord is offline   Reply With Quote
Old 27 September 2017, 01:00 AM   #67
Mystro
2024 SubLV41 Pledge Member
 
Mystro's Avatar
 
Join Date: Dec 2009
Real Name: The Mystro ;)
Location: Central Pa.
Posts: 15,517
It has always been a "sliding scale" depending on your perspective.
__________________
https://www.dropbox.com/s/hyitq0aikqgajc0/Time%20sig.jpg?raw=1[/img]
Mystro is online now   Reply With Quote
Old 29 September 2017, 11:45 PM   #68
uansari1
"TRF" Member
 
Join Date: Nov 2013
Location: Doha, Qatar
Watch: Polar 16570
Posts: 535
Quote:
Originally Posted by mtgjr View Post
Yes, in the event of a sustained bear market, secondary market prices for high-end watches would likely lose some of their froth. You're a quick learner!
I doubt that this will happen, but will be pleasantly surprised if it does... I just don't see Sellers bringing prices back to earth.
__________________
Explorer II 16570 Polar (3186)
GMT Master II 116710LN
GMT Master II 126710BLRO (jubilee)
Explorer 124270
Omega Seamaster GMT 50th Anniversary
uansari1 is offline   Reply With Quote
Old 30 September 2017, 05:19 AM   #69
hbombkid
"TRF" Member
 
hbombkid's Avatar
 
Join Date: Apr 2014
Location: VA
Watch: Sub 116610
Posts: 1,082
Yea prices seem up right now especially as of late trusted sellers.

I bought a NIB 116610 last July form a trusted seller. It came with everything, stickers, and even the sales receipt for 7250.

I have seen preowned go for more.
hbombkid is offline   Reply With Quote
Old 30 September 2017, 07:27 AM   #70
Egelber
"TRF" Member
 
Join Date: Dec 2007
Real Name: Elliott
Location: Prosper, Texas
Watch: Sub 114060 2019
Posts: 410
This thread was definitely interesting. So, my question is. Are some people speculating there may be a price increase coming soon at the Rolex AD? If this were ,or is the case, recent buyers will then have a little equity in their purchase and not be so under water if they decide to sell or flip. I don't know, I'm just babbling, so don't take to much thought in my response...
Egelber is offline   Reply With Quote
Old 30 September 2017, 07:32 AM   #71
SDRider
Banned
 
Join Date: May 2017
Real Name: Julian
Location: San Diego, CA
Watch: Rolex 116613LB
Posts: 1,908
Quote:
Originally Posted by Fleetlord View Post
Rolex SS Sport watches ( Daytona, Sub, GMT) and select Patek references are all that matter in the watch market at the moment.

Surprisingly, some Seiko / Grand Seiko are doing well..much better than Breitlings, TAGS, IWC, Hublot..etc.

Those brands are pretty much toxic poison at this point and are being HARD passed on by dealers all over the world
.
I have found this to be the case too. I have a TAG I bought new two years ago and I asked the dealer I bought it from what he would give me for it on trade for a different watch and he flat out told me he couldn't offer me anything for it. This is a $2800 watch and is in pristine condition with box and papers.

I still have the watch but I don't think I'd ever buy another TAG-Heuer.
SDRider is offline   Reply With Quote
Old 30 September 2017, 07:54 AM   #72
The Libertine
Banned
 
Join Date: May 2014
Real Name: Mike
Location: BOS
Watch: 16710;14060;214270
Posts: 6,375
Quote:
Originally Posted by SDRider View Post

I still have the watch but I don't think I'd ever buy another TAG-Heuer.
Learned that lesson a loooong time ago.
The Libertine is offline   Reply With Quote
Old 30 September 2017, 07:59 AM   #73
Vaxe
"TRF" Member
 
Vaxe's Avatar
 
Join Date: Jul 2011
Location: Austin TX
Posts: 2,122
Both ADs I buy from said their Rolex rep is discouraging discounts - something about how supply is going to be limited even on non-allocation pieces. Bought a BLNR a few months back for $8K OTD, now it's $8950+tax. The LV they always had in stock? Forget it, can't even order one now.

Max discount for steel is 5% now, even for sitters like the EXPII, OP, and Milgauss.
Vaxe is offline   Reply With Quote
Old 30 September 2017, 04:44 PM   #74
Nairn1980
"TRF" Member
 
Join Date: Jan 2010
Location: UK
Watch: GMT
Posts: 8,385
Quote:
Originally Posted by Vaxe View Post
Both ADs I buy from said their Rolex rep is discouraging discounts - something about how supply is going to be limited even on non-allocation pieces. Bought a BLNR a few months back for $8K OTD, now it's $8950+tax. The LV they always had in stock? Forget it, can't even order one now.

Max discount for steel is 5% now, even for sitters like the EXPII, OP, and Milgauss.
Looks like all the UK nonsense is finally catching up with you guys
Nairn1980 is offline   Reply With Quote
Old 30 September 2017, 04:55 PM   #75
GB-man
2024 SubLV41 Pledge Member
 
GB-man's Avatar
 
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,355
Quote:
Originally Posted by Nairn1980 View Post
Looks like all the UK nonsense is finally catching up with you guys
My imaginary financial planner be like

__________________
GB-man is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.