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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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Old 29 May 2022, 05:47 AM   #61
Cambo
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Originally Posted by beshannon View Post
I am to busy enjoying seeking out other brands with better technology and designs to even notice.
Pretty useless post
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Old 29 May 2022, 07:58 AM   #62
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Not being an informed buyer of five digit Rolex watches I can only say from my observations that models, especially Submariners, may dip slightly but the price seem to stay consistent or move up. For a newer model Submariner, my favorite to date, I would shop the major Trusted Sellers and see what the prices are when you actually talk to them not just look on the website. When you get that number you can see the difference between MSRP with Tax and the Trusted Seller number. I have a tendency to move on watches that are within a few thousand, 2-5k, of the MSRP number. I am not made of money nor do I like paying more than necessary but I also do not like AD games and waiting without a firm date of arrival. I also tend to just go on with it once I buy a watch and do not really think about the price I paid. Good luck and let us know what you decide.
Very well put.
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Old 29 May 2022, 08:15 AM   #63
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I am to busy enjoying seeking out other brands with better technology and designs to even notice.
Either you already have a full Rolex collection, or this is you

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Old 29 May 2022, 08:41 AM   #64
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Either you already have a full Rolex collection, or this is you

does 1 count as "full" if that's all you want?
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Old 29 May 2022, 09:31 AM   #65
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Has the Rolex Secondary Market Stabilized?

Quote:
Originally Posted by amh View Post
Either you already have a full Rolex collection, or this is you


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.
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Old 29 May 2022, 11:01 AM   #66
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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.
Anyone who does not see something funny and ironic about the current state of affairs, is either a newbie or lacks a sense of humor.
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Old 29 May 2022, 10:14 PM   #67
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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.

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Old 29 May 2022, 10:42 PM   #68
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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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Old 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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Old 29 May 2022, 11:53 PM   #70
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Quote:
Originally Posted by kieselguhr View Post
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.
Quote:
Originally Posted by mountainjogger View Post
Anyone who does not see something funny and ironic about the current state of affairs, is either a newbie or lacks a sense of humor.
Yeah if I'd had a crystal ball I would have been more intentional about filling out my collection
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Old 29 May 2022, 11:54 PM   #71
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I am to busy enjoying seeking out other brands with better technology and designs to even notice.
Quote:
Originally Posted by Cambo View Post
Pretty useless post


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Old 30 May 2022, 01:10 AM   #72
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Yeah if I'd had a crystal ball I would have been more intentional about filling out my collection
If you do get a crystal ball, please give me a turn.
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Old 30 May 2022, 01:52 AM   #73
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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
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Old 30 May 2022, 02:15 AM   #74
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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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Old 30 May 2022, 02:17 AM   #75
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Originally Posted by Cheesepizzalover View Post
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.
I am sure there's lots of people just sitting on cash looking to see where the market is going that will cause more buying and inflate the market more.

That is what I am doing anyway.
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Old 30 May 2022, 02:21 AM   #76
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Originally Posted by beshannon View Post
I am sure there's lots of people just sitting on cash looking to see where the market is going that will cause more buying and inflate the market more.

That is what I am doing anyway.
I am sure there’s lots of people just sitting on cash looking to see where the market is going so they can buy at retail when all the flippers naff off.

That is what I’m doing anyway
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Old 30 May 2022, 02:23 AM   #77
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If you were after a really hyped model that had tens of thousands to go down then I would definitely wait. But on a 14060 at it’s potential minimum it’ll go down a further 1-2k?
You could probably go for one if you found one in good condition without losing much sleep. And if you want to keep and wear it then I suppose the market value doesn’t really matter much.

Exactly
Id focus on finding the right example ( condition, complete set) vs hoping prices will come down


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Old 30 May 2022, 02:24 AM   #78
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Pretty useless post
Thanks!

Every topic in an open discussion forum gets the responses it deserves.
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Old 30 May 2022, 02:27 AM   #79
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Eventually the only way is up....
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Old 30 May 2022, 02:47 AM   #80
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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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Old 30 May 2022, 03:15 AM   #81
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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.
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Old 30 May 2022, 04:48 AM   #82
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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.

Dead nuts.


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Old 30 May 2022, 07:10 AM   #83
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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.
Seems spot on.
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Old 30 May 2022, 07:36 AM   #84
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Old 30 May 2022, 09:16 AM   #85
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If we could predict the future, we'd all be billionaires.
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Old 30 May 2022, 09:18 AM   #86
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Current model Sub No date or GMT. But I am also looking at 14060 4 liners.

Always takes me a long time to decide. But then again, I tend not to have buyers remorse.
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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Old 30 May 2022, 09:19 AM   #87
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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.
Where about? Same here in South Florida
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Old 30 May 2022, 09:52 AM   #88
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Where about? Same here in South Florida
In socal this weekend. Shoppers everywhere.
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Old 30 May 2022, 09:53 AM   #89
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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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My grey in Singapore says market still crashing, sellers getting desperate and he sees panic selling. He won’t buy anything now, only taking on consignment, and trying move whatever stock he owns. Says no one buying last several weeks.

Also blames China lockdown, and thinks tides will turn June 1 when they open up.

I think that is going down further, and personally would wait.


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