Pricing is out of control... real or...

[Rolex addict]

I travel up and down the east coast and haven't seen a "shortage." Advertised prices for certain models are inflated by trusted sellers, but that doesn't mean they're getting it. I'm in Philly this week and will try to make time to swing by an AD or two to check inventory.

[hambone1983]

no wonder govberg has 276 used Rolexes in stock

[gwalker]

To even more elaborate Prices of all luxury items
Are getting nuts. Check out my boat thread
Where both motors were destroyed so I'm
Going to repower and sell. 10 year old 36' CC are in the $350k range depending on make. I looked (not for me) a 2016 Viking for $10m+. Customs double the price Upto $20m for. A fishing boat.... but they are
Selling and have a 2-5 year waiting list for delivery. Heck a McLaren F1 was
$2m a few years ago. Now at
Auctions they sell for $15m.


Sent from my iPhone using Tapatalk

[airchitect]

It seems like with so many brands in the dumps on the secondary market people are almost hedging in Rolex/Patek and prices are reflecting the trend.

[AK797]

Originally Posted by airchitect

It seems like with so many brands in the dumps on the secondary market people are almost hedging in Rolex/Patek and prices are reflecting the trend.

They are becoming the new Gold investment of the watch world, a flight to stability and quality.

[Fleetlord]

Originally Posted by airchitect

It seems like with so many brands in the dumps on the secondary market people are almost hedging in Rolex/Patek and prices are reflecting the trend.

Rolex SS Sport watches ( Daytona, Sub, GMT) and select Patek references are all that matter in the watch market at the moment.

Surprisingly, some Seiko / Grand Seiko are doing well..much better than Breitlings, TAGS, IWC, Hublot..etc.

Those brands are pretty much toxic poison at this point and are being HARD passed on by dealers all over the world.

[SDRider]

Originally Posted by Fleetlord

Rolex SS Sport watches ( Daytona, Sub, GMT) and select Patek references are all that matter in the watch market at the moment.

Surprisingly, some Seiko / Grand Seiko are doing well..much better than Breitlings, TAGS, IWC, Hublot..etc.

Those brands are pretty much toxic poison at this point and are being HARD passed on by dealers all over the world.

I have found this to be the case too. I have a TAG I bought new two years ago and I asked the dealer I bought it from what he would give me for it on trade for a different watch and he flat out told me he couldn't offer me anything for it. This is a $2800 watch and is in pristine condition with box and papers.

I still have the watch but I don't think I'd ever buy another TAG-Heuer.

[The Libertine]

Originally Posted by SDRider

I still have the watch but I don't think I'd ever buy another TAG-Heuer.

Learned that lesson a loooong time ago.

[VicLeChic]

the crazy mechanics of supply and demand fueled by the recent surge in interest for vintage pieces praised by the specialized press

[Mystro]

It has always been a "sliding scale" depending on your perspective.

[hbombkid]

Yea prices seem up right now especially as of late trusted sellers.

I bought a NIB 116610 last July form a trusted seller. It came with everything, stickers, and even the sales receipt for 7250.

I have seen preowned go for more.

[Egelber]

This thread was definitely interesting. So, my question is. Are some people speculating there may be a price increase coming soon at the Rolex AD? If this were ,or is the case, recent buyers will then have a little equity in their purchase and not be so under water if they decide to sell or flip. I don't know, I'm just babbling, so don't take to much thought in my response...

[Vaxe]

Both ADs I buy from said their Rolex rep is discouraging discounts - something about how supply is going to be limited even on non-allocation pieces. Bought a BLNR a few months back for $8K OTD, now it's $8950+tax. The LV they always had in stock? Forget it, can't even order one now.

Max discount for steel is 5% now, even for sitters like the EXPII, OP, and Milgauss.

[Nairn1980]

Originally Posted by Vaxe

Both ADs I buy from said their Rolex rep is discouraging discounts - something about how supply is going to be limited even on non-allocation pieces. Bought a BLNR a few months back for $8K OTD, now it's $8950+tax. The LV they always had in stock? Forget it, can't even order one now.

Max discount for steel is 5% now, even for sitters like the EXPII, OP, and Milgauss.

Looks like all the UK nonsense is finally catching up with you guys

[GB-man]

Originally Posted by Nairn1980

Looks like all the UK nonsense is finally catching up with you guys

My imaginary financial planner be like