Effect on new modern watch unavailability on older watch supply and prices?

[tschiemer]

For those watching, do you have an opinion whether unavailability of modern Rolex stainless watches has affected supply and pricing of earlier stainless Rolexes?

I have not studied it, but maybe some of you have.

[schoolboy]

I have something to share.

I wouldn’t say that I’ve studied it or anything, but I did experience something.

I walked into a gray dealer who has older models...

I was looking at a the 5 digit Submariners and the owner told me “I don’t know how aware you are when it comes to watches, but nobody has stainless steel models right now, not even authorized dealers. So I am going to start raising the prices in a week or two, because I’m the only one that has what clients are looking for”

I just kind of nodded and kept looking.

In a way she’s right, but it also kind of bothered me the way she said it.

I don’t know, to each their own.


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[oldman2005]

IMO the lack of the 6 digit SS BLRO also helps raising the price of 5 digit pepsi GMT.

[exador]

Originally Posted by schoolboy

"So I am going to start raising the prices in a week or two, because I’m the only one that has what clients are looking for”.

Could be true, could be just a sales tactic to get you buy on the spot.

[WJGESQ]

That's what the "trusted sellers" do right?


If the new SS models remain artificially limited, people will eventually ponder other brands such as Omega or Breitling or even, AP.

[schoolboy]

Originally Posted by exador

Could be true, could be just a sales tactic to get you buy on the spot.

You’re correct.

I haven’t gone back in a long time. I don’t know what I want anymore lol




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[tschiemer]

My theory is because of the high prices and unavailability that the secondhand prices are higher and more are also for sale when owners realize they can get more for their watches. I think there are more used watches for sale and at higher prices. Since I have not been watching the boards, but occasionally, this may or may not be true. These are two parts of an equation: higher prices have been here for sometime as we all recall when we could buy used date 16610 subs for $3000-3500 years ago, and as prices increased so did used watches. What is different is the unavailability of stainless models in the last year, and when these two things combine, I am afraid the used market will be more pricey with less supply. Probably some wholesellers or retailers thinking ahead have looked at this. I was just wondering if anyone had looked at it.

[ronricks]

Originally Posted by tschiemer

For those watching, do you have an opinion whether unavailability of modern Rolex stainless watches has affected supply and pricing of earlier stainless Rolexes?

I have not studied it, but maybe some of you have.

It is doing wonders for Omega sales.

[spinn74]

I’ve been looking at the preowned market and yes the prices have gone up due to the availability of new Rolex SS sports watches

[Etschell]

it isnt just rolex. 3 years ago you could get a 5711 for under 30k. now it is 50k.

think about that for a second. how can that keep going?

[Dompropat]

Originally Posted by schoolboy

I have something to share.

I wouldn’t say that I’ve studied it or anything, but I did experience something.

I walked into a gray dealer who has older models...

I was looking at a the 5 digit Submariners and the owner told me “I don’t know how aware you are when it comes to watches, but nobody has stainless steel models right now, not even authorized dealers. So I am going to start raising the prices in a week or two, because I’m the only one that has what clients are looking for”

I just kind of nodded and kept looking.

In a way she’s right, but it also kind of bothered me the way she said it.

I don’t know, to each their own.


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Well that's brazen

[jason10mm]

It is certainly playing a part. Also doesn't help that Rolex has abandoned almost all of its professional model sizes in the past 10 years or so, models that had enjoyed DECADES of almost unchanging production, for larger sizes. So there are folks that A. Dont like what Rolex makes now and B. can't find a new model at retail anyway. So that drives up the older stuff. And that doesn't even get into tritium patina and matte dials with painted markers and all that.

There is a definite schism in 6 digit Rolex and earlier. Be interesting to see how it all plays out.

[shaunylw]

I think earlier stainless models have been on the rise for a few years. The lack of stainless models lately has only driven that price up faster.


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[77T]

Well there are theories and then there are alternative theories...

But one thing I learned many mango seasons ago in Miami...

A rising tide floats all boats.


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[grymg]

I think it's silly that the price of a 16710 from the 1990-2000's is exceeding the retail price of a brand new SST BLRO. Nostalgia is quite a thing!

[Onikage]

Everyone wants their Pepsi! and has done since the WG BLRO. Wait until the Coke. Also Tudor has thrown a few sticks on the fire.

[sdh1980]

Just look at what happened to 116520 prices after the 500 came out

[rominvicta]

As of my humble opinion, constant upward movement of SS prieces psychologically shifts price tolerance levels of all customers in the same relation. So that naturally helps older models to appreciate as well.

[rominvicta]

Originally Posted by 77T

Well there are theories and then there are alternative theories...

But one thing I learned many mango seasons ago in Miami...

A rising tide floats all boats.


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True and well said!

[Chester01]

Yes, In 2015 a ss Daytona could be had for 10,000 preowned. As soon as the new one came out and was hard to get, prices shot up big time. Hard to source the older ss model for less than 15,000 now.

[ian.thomas]

Originally Posted by tschiemer

... as we all recall when we could buy used date 16610 subs for $3000-3500 years ago, and as prices increased so did used watches.

Yep. Bought a mint/like-new 16610 D-series in 2005 from a trusted seller for $3,400.

I remember when SS Daytonas were selling used for $8,500 and I thought that was too much ... then they went up to $10k and thought that was the limit. Oh how naive I was back then.

Maybe I should be buying up all the $20k Daytonas before I'm telling this same story again in 10 years.

[tschiemer]

My AD got a 14060 in and I bought it on the spot - tritium dial, 2 lines, freshly serviced. It looks well with its modern cousins, and if favorably priced, I suggest buying “in the dips” as they say regarding stocks— if the model you want.

https://photos.app.goo.gl/Ph7Ag4iERU2MiEsq9

[Easy E]

Originally Posted by oldman2005

IMO the lack of the 6 digit SS BLRO also helps raising the price of 5 digit pepsi GMT.

I agree. Look a the prices of a used Coke or Pepsi now vs a year ago, up about 40%. Same with a Daytona, only a used 520 is up closer to 60%. As best I can recall.