126710 BLNR Batman price in Grey Market

[alexmiranda]

So I've been seeing this piece selling up to 22k.
My question is, people are actually buying it for that price?
Have not seen one confirmed sale of the watch besides from AD waiting list, where people buy 9k.

Some other threads showed some people even saying that will go down, and others, will say it will go up (for no apparent reason or logic to back it up).

How many of you bought this model on the grey market and how much you paid for it?

[007timer]

As an owner of a BLNR I think $22k is an outrageous price. So is $15k, the watch in my opinion is a great watch but prices just like the BLRO being north of 18-22k is a little much.

If the watch is available in the gray market, then you know that AD’s are getting them in. I know if a couple of gray resellers on TRF that have sold them for $15-$17K and they are gone in less than a week.

Some members have paid the premium to avoid the ridiculously lengthy wait times.


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[Halifax Daytona UK]

£16k here in the UK with full set and warranty in your name

[superstarmar]

I wouldn’t pay more than msrp ... Oh well , I may never have one
again ... bummer !!!!

[Xtralarg]

If they want to £30k then £16k would look cheap, it's all relative. Rolex has tapped in to this desire to want the unobtainable. Read back over old threads, peoples perception changes as the market moves. £9k for a batman 6 monts ago was expensive, now its cheap. If things carry on then £8k for a new sub ND will look cheap, and so on and so on.

[Xtralarg]

Originally Posted by superstarmar

I wouldn’t pay more than msrp ... Oh well , I may never have one
again ... bummer !!!!

You will if you buy other watches etc from an AD! I'm trying to do it that way, but I'll only buy things that I want.

[superstarmar]

Originally Posted by Xtralarg

You will if you buy other watches etc from an AD.

I got a BLNR in 2015 for 10% off msrp and no tax.
If I could get a Pepsi at retail I would... otherwise no.

[Xtralarg]

Originally Posted by superstarmar

I got a BLNR in 2015 for 10% off msrp and no tax.
If I could get a Pepsi at retail I would... otherwise no.

Nice

I hope you find a Pepsi at reatil, a decent AD who you've bought off before the hype should look after you now.

I remember buying a sub 10 years ago and knowing I'd loose money as soon as I left the store. I wonder how many people who want subs now would do that?!?

[superstarmar]

Now is the time to hold onto what you have .
Unless you really want to sell and change the collection
of course...
It’s not a buyers market , it’s a sellers for sure .

[jguerra04]

Are you talking about the new GMT just released at this years Basel or the old BLNR? All the responses seem to be about the old BLNR.

[Wimbledon]

Originally Posted by alexmiranda

So I've been seeing this piece selling up to 22k.
My question is, people are actually buying it for that price?
Have not seen one confirmed sale of the watch besides from AD waiting list, where people buy 9k.

Some other threads showed some people even saying that will go down, and others, will say it will go up (for no apparent reason or logic to back it up).

How many of you bought this model on the grey market and how much you paid for it?

I've had lots of GMTs and still do, but I don't have any experience with the gray market, but from the looks of it out on Chronos24 lots of prices are greatly inflated. Hey if they can sell for those prices then more power to them. A fool and his money are soon parted.

Those BLNR watches aren't worth that, sorry. No. I know that people who have spent that amount will try to defend their choice and come up with every argument in the book to justify it, but to me it's a little silly.

10 years from now the SS craze will be over and we'll be on to the next thing that nobody can find.

Reminds me of the old Wilson rackets from St Vincent that Pete played with...people went crazy over them just because they couldn't get them.

[Moggo]

Originally Posted by Halifax Daytona UK

£16k here in the UK with full set and warranty in your name

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[Moggo]

Originally Posted by Xtralarg

Nice



I hope you find a Pepsi at reatil, a decent AD who you've bought off before the hype should look after you now.



I remember buying a sub 10 years ago and knowing I'd loose money as soon as I left the store. I wonder how many people who want subs now would do that?!?

This was me 10 years ago also, bought it because I loved the watch.


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[Xtralarg]

Originally Posted by Moggo

This was me 10 years ago also, bought it because I loved the watch.


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And that's the reason to buy a watch! I also did the same with a gmt master 2 in 2013, I think I paid £5650, for years it was worth between £4-5k

[superstarmar]

Originally Posted by Halifax Daytona UK

£16k here in the UK with full set and warranty in your name

What a bargain...

[Tseg]

I think they should be worth $30K.

[Nikrnic]

Just like the pepsi prices will come down but very slowly and will still be very high as the market remains strong.

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[peterpl]

Over priced nothing more.

BLNR is NOT that special. Its just a plain jane with half blue bezel. And yes I used to own one.

[bonovox]

Originally Posted by superstarmar

Now is the time to hold onto what you have .
Unless you really want to sell and change the collection
of course...
It’s not a buyers market , it’s a sellers for sure .

This.

[MTdweller]

I owned BLNR for almost four years and fully enjoyed it. However, I would not pay more than MSRP for one.

[Jamesw20]

This SS market is crazy. I got my BLNR 2016 new from AD for less than 8k. I know I could double my cost tomorrow but it’s a keeper as I love the watch. Too bad so many are flipping driving prices so high. No way I’d invest 16k in SS sub/GMT.

[InitialAndPitch]

Originally Posted by superstarmar

I wouldn’t pay more than msrp ... Oh well , I may never have one
again ... bummer !!!!

You’ll see an easing at some point but the reality is that he days of MRSP for stainless are done at an 85% CI. There will be odd one slip through for VIP pals but the philosophy of only paying MRSP is a personal choice. You’re not being gouged, you’ve simply entered an auction and you either don’t realise or you’ve chosen not to get a paddle and play. Abstinence is a choice, in this case unfortunately not a satisfying one.

Market conditions ebb and flow for houses, cars, sneakers, gold, bitcoin and pork belly - and not playing is a choice for watches but not so for eggs and milk in Zimbabwe.

[InitialAndPitch]

Originally Posted by Jamesw20

This SS market is crazy. I got my BLNR 2016 new from AD for less than 8k. I know I could double my cost tomorrow but it’s a keeper as I love the watch. Too bad so many are flipping driving prices so high. No way I’d invest 16k in SS sub/GMT.

You’re not really investing unless you count highly speculative ‘asset classes’ as investment worthly. It’s Florida Swap land and it’s volatile.

Bought my BLRO for keeps even though it was a grey purchase. I researched well and my purchase is WITHOUT a moments regret. Relative market elasticity/inelasticity means almost guaranteeing that this will happen.

There was a mining boom in Western Australia a title while back with guys buying $90,000 work utility vehicles. A lot of them for sale now along with jet skis. They could access cash but weren’t sophististicTed enough to play in a volatile market.

[blada4life]

I think TRF buyers make up a small percentage of all buyers and with that, most know other avenues of buying. Highly doubt a WIS will pay that


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[InitialAndPitch]

Originally Posted by peterpl

Over priced nothing more.

BLNR is NOT that special. Its just a plain jane with half blue bezel. And yes I used to own one.

At last somebody says it out loud. It’s a fine watch the Batman but not a knockout. My taste tells me Pepsi has heritage and presence that pops.

[grimps]

Ive got or owned all of the ceramic GMT's including the solid gold Rootbeer.
The MK1 Batman is the best in my opinion followed by the Pepsi .
I was recently offered 13500 pounds for my new Batman jubilee from a Grey dealer I know which I refused, I'm guessing if he offered me that much he must have been confident he could make a good mark up still

[superstarmar]

Originally Posted by InitialAndPitch

At last somebody says it out loud. It’s a fine watch the Batman but not a knockout. My taste tells me Pepsi has heritage and presence that pops.

I also sold my BLNR... My Bluesy is more special to me .
FWIW... and yes , I think the Pepsi has more heritage and
more special as a GMT...

[SS Oyster]

Originally Posted by Jamesw20

This SS market is crazy. I got my BLNR 2016 new from AD for less than 8k. I know I could double my cost tomorrow but it’s a keeper as I love the watch. Too bad so many are flipping driving prices so high. No way I’d invest 16k in SS sub/GMT.

Actually, if fewer flipped them, there would be fewer available and prices would be even higher.

People who want them, and can’t get through AD, should pray for more flippers to increase pre-owned inventory, which would lower the gray market price.


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[beshannon]

Originally Posted by alexmiranda

My question is, people are actually buying it for that price?
Have not seen one confirmed sale of the watch besides from AD waiting list, where people buy 9k.

How do you know this?

Not all watch sales in the world are being reported here on a minute by minute basis.

[m j b]

I really get annoyed by the argument that the flippers are causing the price increases on the secondary market. They are simply responding to the demand. If people would stop buying these things (any model) for over MSRP, then the price would never get above MSRP. It's that simple.