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View Poll Results: Has the Secondary Rolex Market Stabilized? | |||
Yes. | 69 | 14.90% | |
No. It is going to go down a lot more. | 277 | 59.83% | |
No. It is going to go way back up. | 49 | 10.58% | |
Have no opinion and could care less. | 68 | 14.69% | |
Voters: 463. You may not vote on this poll |
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29 May 2022, 05:47 AM | #61 |
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Real Name: Cam
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Pretty useless post
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16618 126710BLRO 116500 LN (White) 228235 228239 SBGK002 |
29 May 2022, 07:58 AM | #62 | |
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Quote:
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29 May 2022, 08:15 AM | #63 |
"TRF" Member
Join Date: Oct 2008
Location: Tejas
Watch: Various
Posts: 5,082
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29 May 2022, 08:41 AM | #64 |
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Join Date: Apr 2013
Location: bay area
Posts: 571
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29 May 2022, 09:31 AM | #65 |
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Real Name: Nick
Location: Las Vegas
Watch: 1601
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Has the Rolex Secondary Market Stabilized?
Pretty sure Brian has had access to the grapevine for a long while now. Even when those same grapes that are viewed so highly we’re simply laying on the ground. He and many of the early members (including you) have long savored the taste of those grapes and should be mildly amused at how those grapes are perceived today. |
29 May 2022, 11:01 AM | #66 | |
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The King of Cool. |
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29 May 2022, 10:14 PM | #67 |
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Join Date: Jan 2008
Real Name: Blake
Location: US
Watch: Daytonas
Posts: 1,869
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Definitely wait. I see greys with the same stock for quite some time, and newer stock with lowering prices. Their asking price is still inflated and if it does sell, it's most likely below asking price. Just my two cents and observations.
Sent from my SM-G960U using Tapatalk |
29 May 2022, 10:42 PM | #68 |
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Join Date: Sep 2021
Location: Toronto
Posts: 212
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It hasn’t stabilized. Prices are going down and buyers still aren’t responding. Still a ways down to go IMO. Rate hikes and summer holidays are around the corner which should soften demand even more.
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29 May 2022, 11:10 PM | #69 |
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If no urgency you can wait to see if the market cools off by next coming months, but if buying for an event whose date is close, then go gray.
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29 May 2022, 11:53 PM | #70 | |
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Quote:
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29 May 2022, 11:54 PM | #71 | |
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Watch: ing the river flow
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Quote:
[IMG]kettle by Nacho Neal, on Flickr[/IMG]
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30 May 2022, 01:10 AM | #72 |
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If you do get a crystal ball, please give me a turn.
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30 May 2022, 01:52 AM | #73 |
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Location: finland
Posts: 114
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its only when the tide goes out that you see who has been swimming naked
this hasn't even begun, depending on fed activity the tide may stay out for a while longer, but it will be coming in soon enough |
30 May 2022, 02:15 AM | #74 |
"TRF" Member
Join Date: May 2022
Location: US
Watch: my wife
Posts: 11
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I'm sure there's lots of people just sitting on cash looking to see where the market is going that'll deflate the market more. That's what I'm doing anyway.
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30 May 2022, 02:17 AM | #75 | |
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Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
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Quote:
That is what I am doing anyway.
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30 May 2022, 02:21 AM | #76 | |
Banned
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Location: UK
Watch: Cant choose!
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Quote:
That is what I’m doing anyway |
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30 May 2022, 02:23 AM | #77 | |
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Quote:
Exactly Id focus on finding the right example ( condition, complete set) vs hoping prices will come down Sent from my iPhone using Tapatalk |
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30 May 2022, 02:24 AM | #78 |
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Thanks!
Every topic in an open discussion forum gets the responses it deserves.
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30 May 2022, 02:27 AM | #79 |
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Eventually the only way is up....
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30 May 2022, 02:47 AM | #80 |
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Join Date: Jan 2007
Location: USA
Watch: Daytona
Posts: 6,092
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I would not sleep on any 5 digit or discontinued 6 digit watch. Those will not go down imho.
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30 May 2022, 03:15 AM | #81 |
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Join Date: May 2021
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Watch: Rolex and Patek
Posts: 1,027
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Went to the mall yesterday and visited a local ad. Was surprised to see a number of watches in the display cases! Intrigued, I made a bee line to the counter and every single watch was a “for display only”. Ended up speaking with the manager of the store and got to try on some watches. I had not had the chance to try on a sky dweller and the watch is massive but fits very nicely on my wrist. My wife and I expressed an interest in the usual grail pieces and he expressed some doubt about that happening anytime soon but took our information down.
What was really interesting was there were about 5 people who came in while we were there also wanting to buy. Even more surprising was how rude and demanding people were to the staff when they were told they couldn’t guarantee a piece. I doubt many or any of them will be getting “the call”. To me this put this whole bubble thing in perspective. Yes grey prices are down, but in my small corner of the world ad demand is extremely high and economic conditions will have to change significantly to crush the demand. |
30 May 2022, 04:48 AM | #82 |
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30 May 2022, 07:10 AM | #83 |
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Seems spot on.
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The King of Cool. |
30 May 2022, 07:36 AM | #84 |
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Real Name: Larry
Location: San Diego, CA
Watch: ROLEX
Posts: 25,658
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Have no opinion and could care less.
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30 May 2022, 09:16 AM | #85 |
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30 May 2022, 09:18 AM | #86 |
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If you’re looking at a 14060 the prices have been pretty stable. I wouldn’t be concerned about buying one of those now if you can find a good one around 10k.
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30 May 2022, 09:19 AM | #87 |
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Watch: 116520
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Where about? Same here in South Florida
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30 May 2022, 09:52 AM | #88 |
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Watch: Rolex and Patek
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30 May 2022, 09:53 AM | #89 | |
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Join Date: Jun 2010
Location: Singapore
Watch: APRolexPAMTudor
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My experience in Singapore is different from yours. Visited some shops in The Bencoolen and one of them sold 2 discontinued daytonas on one afternoon. There has been some correction and nothing close to a crash. Definitely quieter for sure and decrease in price for hyped watches. Many are waiting on the sidelines for the right time to pick up.
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