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31 May 2018, 11:40 AM | #1 |
"TRF" Member
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Real Name: Kate
Location: Boston
Watch: AK14000 & GMT16710
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What is going to happen to the older GMT reference prices?
With the new Pepsi pricing over $20,000 I wonder what will happen to the older references? Will it push the 16710 price even higher than now? What about the 116710BLNR and the 116710LN?
I have been saving forever for a 5-digit GMT Pepsi. I have been holding out because I have not make any significant achievement in life to justify a Rolex. The longer I wait, the price for the decent ones just keep going higher and higher. I also thought of settling with a BLNR or LN as the prices are more predictable (though my true love is 16710 Pepsi) Advice please! Sent from my iPhone using Tapatalk |
31 May 2018, 11:45 AM | #2 |
2024 SubLV41 Pledge Member
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Real Name: Mike
Location: Illinois
Watch: BLNR VTNR PAM 915
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They ain't coming down anytime soon. If you really want, find a way too buy.
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31 May 2018, 11:46 AM | #3 |
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Real Name: Flavio
Location: N/A
Posts: 14,654
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Will go up IMO.
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31 May 2018, 12:00 PM | #4 |
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Join Date: Apr 2008
Location: Texas
Posts: 507
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Not going anywhere. There is still that desire for the 5 digit references and buyers like yourself only reinforce that fact. I would try to pick one up you like sooner rather than later.
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Audemars 15707ce Lange 191.032 Patek 5990/1a Rolex 126610LN |
31 May 2018, 12:15 PM | #5 |
"TRF" Member
Join Date: Jan 2018
Real Name: Kate
Location: Boston
Watch: AK14000 & GMT16710
Posts: 110
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Perhaps this is my last chance.... I really hope I won't be needing to save another $1000 when I wake up tomorrow
Sent from my iPhone using Tapatalk |
31 May 2018, 12:19 PM | #6 |
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Join Date: Jan 2016
Location: San Diego, CA
Posts: 12,443
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Going in one direction IMO...and it's not down.
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31 May 2018, 12:19 PM | #7 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Oct 2009
Real Name: RiCkY
Location: West Coast
Watch: 16520
Posts: 12,448
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16710 Pepsi’s will continue to climb!!
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31 May 2018, 12:35 PM | #8 |
2024 SubLV41 Pledge Member
Join Date: Nov 2015
Real Name: Grant
Location: U.S.
Watch: GMT 1675 PCG Gilt
Posts: 5,850
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What is going to happen to the older GMT reference prices?
Up, up, up... perhaps a small correction someday but it won’t be significant, imho. Buy when you can. Thanks to my friend, I have a 1675 to enjoy, as of today!
Sent from my iPhone using Tapatalk
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Just another WIS who loves to trade... |
31 May 2018, 12:37 PM | #9 |
"TRF" Member
Join Date: Dec 2016
Location: Boston
Watch: 114060
Posts: 68
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It feels like every model is going up in price these days. With vintage Daytona prices going for what they are it seems to be having an "all ships rise in high tide" effect, which is nice for the sellers I guess. With all the hype around the new Pepsi and the popularity of the BLNR I think the GMT line is about to spike in price just like the Daytona has over the past few years. The days of getting a 16710 under 10k are numbered imo
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31 May 2018, 12:48 PM | #10 |
"TRF" Member
Join Date: Mar 2010
Location: Chicago
Watch: 16750/16800/126710
Posts: 1,426
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it's all mania. pure madness. im glad i bought this when i did. would never pay the prices they are fetching now. people who dont think this is all a bubble have their heads in the sand, imo.
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31 May 2018, 12:54 PM | #11 |
Banned
Join Date: Aug 2014
Real Name: Douglas
Location: London, UK & USA
Watch: Submariner 16610
Posts: 723
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I'm in the same boat and trying to look for a Pepsi no holes case myself.
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31 May 2018, 01:00 PM | #12 |
2024 Pledge Member
Join Date: Jun 2008
Real Name: David
Location: Gardnerville, NV
Watch: 16710
Posts: 2,706
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You don't have to make a significant achievement to justify a Rolex.
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Current: 16710 Previous: 16760 Fat Lady, 16613 Bluesy, 16800, 14060, 16710 Pepsi, 216570 Polar, 116710LN, 16610, 216570 Polar (again), 16713, 216570 Polar (yet again), 16710 Black w/ Pepsi Insert Hope is not a strategy. |
31 May 2018, 01:02 PM | #13 |
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Join Date: Nov 2015
Real Name: Charlie
Location: Miami
Posts: 1,534
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I've seen them go down at Bobs.
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31 May 2018, 01:03 PM | #14 | |
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Join Date: Apr 2017
Real Name: Jim
Location: NoCal USA
Watch: 16710
Posts: 1,955
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Quote:
TAKE YOUR TIME, and Watch the Classifieds here on TRF. When you see one you like, check out the seller on the "Whos Who" section on this forum. If they check out, Pull The Trigger! If you are still a bit paranoid, use Paypal to make your purchase if the Seller will accept PayPal (the seller may ask you to cover PayPal costs, but it may be worth it to you). Good Luck! |
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31 May 2018, 01:07 PM | #15 |
"TRF" Member
Join Date: Mar 2014
Location: Texas
Watch: Exp, GMTII, Sub
Posts: 1,184
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Your significant achieve is saving up and buying a Rolex. Life’s too short, stop waiting, and buy the one you really want.
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31 May 2018, 01:08 PM | #16 | |
2024 SubLV41 Pledge Member
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Real Name: Grant
Location: U.S.
Watch: GMT 1675 PCG Gilt
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Quote:
Great 16750! Sent from my iPhone using Tapatalk
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31 May 2018, 01:16 PM | #17 |
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31 May 2018, 01:22 PM | #18 |
2024 Pledge Member
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Location: Vain
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Buy a good one now.
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31 May 2018, 01:30 PM | #19 |
2024 Pledge Member
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Location: USA
Posts: 6,173
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Also keep some cash set aside for a proper service, even if you go independent rather than RSC. Anything 10 years or older without service history should be assumed to be dry of oils and wearing itself out.
It's not sexy to talk about service but an important consideration when buying older watches. |
31 May 2018, 01:37 PM | #20 |
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Join Date: Dec 2006
Location: norcal
Posts: 3,031
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Not everyone can afford $22,000 for the new Pepsi GMT, so the old Pepsi GMT is a very good alternative.
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31 May 2018, 04:32 PM | #21 |
"TRF" Member
Join Date: May 2015
Location: RolexHQ boardroom
Posts: 1,232
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At current price, 116710LN a much better deal. Even before the mania, it’s already available at good deal for used piece in mint condition at mid 6 grand to low 7.
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31 May 2018, 06:06 PM | #22 |
2024 Pledge Member
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Real Name: Mike
Location: Pacific Northwest
Watch: 116610LV 16710 SD
Posts: 10,653
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Only one way to go ^^^ I am glad I got mine when the getting was still cheap.
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31 May 2018, 06:21 PM | #23 |
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PP Geneva |
31 May 2018, 07:05 PM | #24 |
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Settling for a LN is not really "settling" imho and is the way I would go
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
31 May 2018, 07:37 PM | #25 |
Banned
Join Date: Nov 2016
Location: us
Posts: 94
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Going to climb up like most GMTs.
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31 May 2018, 07:41 PM | #26 |
Banned
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Real Name: Mike
Location: BOS
Watch: 16710;14060;214270
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31 May 2018, 07:50 PM | #27 |
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Join Date: Feb 2011
Location: England
Watch: 16710, 16628
Posts: 7,757
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Bagging one ASAP is the achievement. It sounds like you've got the justification covered.
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GMT II 16710 TRADITIONAL ( D- Serial #) ROLEXFANBOY P-Club Member #4 |
31 May 2018, 08:01 PM | #28 | |
"TRF" Member
Join Date: Aug 2007
Location: Scotland
Watch: GMT
Posts: 3,643
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Quote:
Take a really fine bottle of Champagne, a good one. The one you keep for that special occasion. It comes out at a high point with cheer to celebrate the chosen event. But, in the good times the Champagne itself is forgotten, it's secondary to the occasion. A wise Frenchman will tell you this is wrong - the fine Champagne itself should be celebrated without occasion, the occasion is the fine sparkling drink. So, on these special occasions where one would be distracted toasting a triumph, an inexpensive Champagne will do. Now, I'm not suggesting you buy a Longines when your have your first born, rather, don't wait to celebrate the achievement with a Rolex, the Rolex is the achievement or occasion.. |
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31 May 2018, 08:54 PM | #29 |
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If you want one I would find a good example and buy it. If you are waiting for the prices to go down I don't think it will happen in the near future. I have been the vintage route and it is not for me. I am buying the Tudor GMT when it arrives at my AD and for me this is the best of both worlds.
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31 May 2018, 09:02 PM | #30 |
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Real Name: Brian (TBone)
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Watch: es make me smile
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The whole market is red hot. If you’re buying to wear and enjoy then yes by all means buy now and enjoy.
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