Now I’m convinced the prices are just nuts!

[zengineer]

I have no control over the free market. It sells for whatever the market commands. Its twice what I would pay, but all that means is that I won't be buying it.

Is it really all that more insane than what members here pay week in and week out for green Submariners, white Daytonas or blue Skydwellers? Ohhh, look at the pretty colors!!!!

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[Marcjvr]

Originally Posted by Robert Bruce

Folks, never, ever pay grey market prices for a Rolex. It just supports an industry that victimizes and profiteers. To me, it's borderline criminality. It's like scalpers who find a way to purloin opportunities to buy something desirable and then resell it at robbery prices. They should all burn in hell. I've never sold a watch for more than I paid for it. If I did, I'd just be part of the problem.

One day if you ever want to

1. Sell a watch privately and hope that it is a stress free experience

or

2. Buy a discontinued/preowned reference and hope that it is a stress free experience

You will quickly come to appreciate the critical role that Trusted Sellers perform

They have always been selling watches at market price. Back before Rolex was as hot as it is now and for long after. What other price would you expect them to sell at

[rambo99]

Originally Posted by Robert Bruce

Folks, never, ever pay grey market prices for a Rolex. It just supports an industry that victimizes and profiteers. To me, it's borderline criminality. It's like scalpers who find a way to purloin opportunities to buy something desirable and then resell it at robbery prices. They should all burn in hell. I've never sold a watch for more than I paid for it. If I did, I'd just be part of the problem.

agree! that's why i bought all my rolexes from AD, boutiques. go to hell grey dealers!

[Rashid.bk]

Originally Posted by Andad

Rolex is making $2400 on a $13000 sale.

Someone is making a $ but Rolex is hardly printing money.

Originally Posted by arcadelt

Rolex doesn’t get one brass razoo for this inflated price stupidity. One can only hope those that are participating in this game will get caught with over-inflated stock when the crash eventually comes.

Rolex isn’t printing money for Rolex, it’s printing it for the second hand market.

[Tensai]

Time is money.
And for those checking prices all day, you are really wasting your time.

[kizerman]

Originally Posted by bp1000

Whoever is paying close to these asking prices are morons.

These watches aren’t that hard to get!

Truth...and the green, yellow and red are ugly watches.

[Rashid.bk]

Originally Posted by Marcjvr

One day if you ever want to

1. Sell a watch privately and hope that it is a stress free experience

or

2. Buy a discontinued/preowned reference and hope that it is a stress free experience

You will quickly come to appreciate the critical role that Trusted Sellers perform

They have always been selling watches at market price. Back before Rolex was as hot as it is now and for long after. What other price would you expect them to sell at

No kidding, no one complained when they were buying buying a GMT2C at $6.5k, Explorer 2s at $6k or even a Sub LV at $7.2k like I did circa 2014.....(all full sets NIB w/ stickers)
You want to see real sharks go to 47th street NYC or any of those used watch stores that now abound everywhere and try to buy an out of production model.

The TSs sell popular watches at popular market prices, but if you wanted a normal 31mm DJ for your significant other, you’d get a better deal and treatment then an AD. People are whining because they can’t get a deal on a Daytona from a TS or because he charges more for a watch you don’t even like.

Context is everything.

[enjoythemusic]

Originally Posted by VogelPhoenix

Like Bitcoin and GME

Ok Ben Bernake, Janet Yellen, and whoever is at the ECB / world bank.

[zengineer]

Originally Posted by Tensai

Time is money.

..

Do people actually think that phrase was coined to describe paying double retail to be the first at the Rotary Club to have the latest color watch?

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[BroncoOne]

Nobody has to buy it.
Offer what you are willing to pay. If you don’t make a deal, move on.

[Madman37]

Originally Posted by Rashid.bk

No kidding, no one complained when they were buying buying a GMT2C at $6.5k, Explorer 2s at $6k or even a Sub LV at $7.2k like I did circa 2014.....(all full sets NIB w/ stickers)
You want to see real sharks go to 47th street NYC or any of those used watch stores that now abound everywhere and try to buy an out of production model.

The TSs sell popular watches at popular market prices, but if you wanted a normal 31mm DJ for your significant other, you’d get a better deal and treatment then an AD. People are whining because they can’t get a deal on a Daytona from a TS or because he charges more for a watch you don’t even like.

Context is everything.

Yes they did. This thread makes me laugh all the time

https://www.rolexforums.com/showthread.php?t=342567

[dardeca]

Social media has ruined the watch market for the casual watch buyer. Collectors with solid AD relationships will still have access to the pieces they want...but it must be frustrating for new/younger watch enthusiasts trying to purchase their first Rolex or other high end timepiece.

[Patton250]

Originally Posted by garyk

I like how people put themselves out there with specific predictions about prices falling, bubbles bursting, etc. Obviously not economic majors or watch industry professionals. Quit predicting, wear and enjoy.

Um.... that would be me bro.

I’ve been on this planet long enough to know what policies drive economic surges and what policies slow them down. I also know that luxury items especially popular ones like Rolex brand surge in popularity during great economic times. I don’t see why this is anything needing prediction.

[Patton250]

Originally Posted by kizerman

Truth...and the green, yellow and red are ugly watches.

I don’t particularly care for those colors either but I totally see why people do. Everyone’s different and these colors are new. I get the new interest.

[BillA]

I think the new color OP dials are very cool.
Would love to get my hands on one of them
But wont happen, I am just a little fish, no AD history.
I will have to suffer. LOL

[richard371]

Wow he just sold a 116500 white no stickers for 33. Sold fast. I see 40k by the end of the year.

[kizerman]

Originally Posted by BillA

I think the new color OP dials are very cool.
Would love to get my hands on one of them
But wont happen, I am just a little fish, no AD history.
I will have to suffer. LOL

No, these will soon be as available as the OP 39 was once the honeymoon phase is over.

[Geckobros]

Originally Posted by fixinbones

David SW has a new OP41 for $12,975. This watch retails for $5,900. It’s a cute watch with the new colorful dial colors but this is no SS Daytona, or is it? And please no comments telling me thats the asking price, not the selling price. I can almost guarantee this watch doesn’t get sold for less then $12-12,500.

DavidSW "needs" a new Lambo.

[stark1]

Originally Posted by Tavli3

Its the mark of the Bubble. A while back there was a debate going on if we were in a bubble when BLNR BLNO & 16500 prices were exploding higher. I stated my definition of a bubble is when all species of an asset class go parabolic not just a certain few. The tech bubble of 2000 was a bubble cause every tom dick harry cat and dog tech stock went thru the roof. So I said look for when DJs, OPs, Milguass and other slow models go on allocation and sell over list.

We are now there. Even the rose gold 37mm Yachtmaster is selling over list. This is the one watch that I see in my ADs case just sitting there unloved for a year now but yet it's going for over list on the gray market. Many things make no sense.

Not sure how we can categorize this as a great economy when there's over 10m people unemployed, millions of people surviving only because of food banks, rent and mortgage moratoriums and generous stimulus money. It's a great economy for luxury good makers and buyers but for most its not so good. We are very far removed from the norm and one thing for certain, things always revert back toward the norm just a matter of when. In the meantime good luck buying a luxury house, boats, Ferrari, PP, AP RM or Rolex watches etc.

I agree with the above post. There are pockets of the economy that are doing well, and others on life support. And if you are one of the lucky ones in a booming portion of the economy, count yourself lucky and buy Rolex watches all day. But recognize and appreciate the fact that most economic metrics such as the stock market is not a good measure of everyone in the US. Far from. We all suffer from being in our own bubbles, so it's wise not to cast blanket statements that assume that most are participating in a super fantastic economy.

[garyk]

Originally Posted by Patton250

Um.... that would be me bro.

I’ve been on this planet long enough to know what policies drive economic surges and what policies slow them down. I also know that luxury items especially popular ones like Rolex brand surge in popularity during great economic times. I don’t see why this is anything needing prediction.

I’m totally down with whatever anyone named Patton says!!

[bball0332]

Originally Posted by peterpl

lucky i hate these new ops.

Some of those colors are just outright hideous.

+1

[214270Explorer]

Gray's can shove their outrageous prices.
These things are just watches, for cripes sake.

The Gray's must not have to feed their kids . . . . . .

[vh2k]

It’s a very versatile piece. It can be dressed up or down... and on alligator or leather, it can pass for a $15,000 watch.

[Posh Gentleman]

crazy that anyone would drop $15k for a pink / red dial Rolex OP. that is msrp for a steel Daytona.

maybe paying $30k for a steel white dial daytona ain't so crazy after all. lol

[fixinbones]

Originally Posted by dardeca

Social media has ruined the watch market for the casual watch buyer. Collectors with solid AD relationships will still have access to the pieces they want...but it must be frustrating for new/younger watch enthusiasts trying to purchase their first Rolex or other high end timepiece.

Social media is going to be the downfall of this country!

[TheVTCGuy]

I keep waiting for this “bubble” to burst, when everyone will be able to buy SS Sport models at MSRP, maybe even a discount. Where is this bubble? “Here bubble bubble... here bubble.”

[kizerman]

Originally Posted by fixinbones

Social media is going to be the downfall of this country!

Going to be?

[TK-710]

Originally Posted by TheVTCGuy

I keep waiting for this “bubble” to burst, when everyone will be able to buy SS Sport models at MSRP, maybe even a discount. Where is this bubble? “Here bubble bubble... here bubble.”

I don’t know if and when that will happen but if reality does hit I’d hate to be holding a $15,000 OP.

[Fleetlord]

There is just alotta money out there that wants Rolex. So much that the pricing of these references on the grey market are totally insignificant...they simply must be acquired.

The grays can't believe it either. They are as surprised as we are as to where the money flooding the streets is coming from...and how people with "stupid" money will spend without any possible limitation.

I feel badly for brands who didn't position themselves to take advantage. They are sinking while the properly managed brands are infinitely ascending. It must be absolutely maddening.

[Posh Gentleman]

Originally Posted by Fleetlord

There is just alotta money out there that wants Rolex. So much that the pricing of these references on the grey market are totally insignificant...they simply must be acquired.

The grays can't believe it either. They are as surprised as we are as to where the money flooding the streets is coming from...and how people with "stupid" money will spend without any possible limitation.

I feel badly for brands who didn't position themselves to take advantage. They are sinking while the properly managed brands are infinitely ascending. It must be absolutely maddening.

It's a market of have's vs have nots. this gap has never been exaggerated to this extent in recent times.

same goes in stock market. some stocks like TSLA have gone up more than 10 times in past couple of years, while "value" stocks like AT&T or 3M have actually depreciated in value, past 2 years.