BLNR Price Crash

[Chewbacca]

Originally Posted by cloudken

I just chatted with a support over there and they emailed me a quote for 12K right away. So i dont know what the heck you guys are talking about with BLNR quotes for less than 9k. BLNRs are as liquid as subs so if theres a problem with them then we might as well quit this hobby and go back to seikos and gshocks cause watches really arent worth much then.

A quote is not cash. Many people say DavidRW will say it’s got a scratch and smells like a bottle of Creed spilled on it so it’s worth $7-$9k after it’s already in his gold plated hands!

Classic wholesaler wear down tactic!

(And Seikos and Casios are also watches part of this hobby)

[Gebbeth]

With the new GMT release, I think the secondary dealers are anticipating more demand for those watches than the BLNR, which is getting kinda long in the tooth, and was not ever as popular as the BLRO.

I have seen all models of the BLNR drop in price, from the $20'sk to high $18'sk and $19'sk to around $15k to $14k for the 11 series and high $16k to $17k for the 12 series depending on bracelet type. I can't imagine what a dealer would be offering you for the watch. I have to believe that they already have a ton of these watches in inventory they need to clear out to make space for the VTNRs and new two tone and full gold GMTs.

[Gebbeth]

Originally Posted by cloudken

I just chatted with a support over there and they emailed me a quote for 12K right away. So i dont know what the heck you guys are talking about with BLNR quotes for less than 9k. BLNRs are as liquid as subs so if theres a problem with them then we might as well quit this hobby and go back to seikos and gshocks cause watches really arent worth much then.

"Support"? They don't call the shots. They are essentially intake people. They have a script, and the operative mode is to get the watch in their hands. Possession is 9/10 of the law, and once in their hands, they are going to low-ball, and the play here is that a good chunk of people don't want to deal with the hassle of asking for the watch back, and going through the process again.

[cloudken]

Originally Posted by Gebbeth

With the new GMT release, I think the secondary dealers are anticipating more demand for those watches than the BLNR, which is getting kinda long in the tooth, and was not ever as popular as the BLRO.

I have seen all models of the BLNR drop in price, from the $20'sk to high $18'sk and $19'sk to around $15k to $14k for the 11 series and high $16k to $17k for the 12 series depending on bracelet type. I can't imagine what a dealer would be offering you for the watch. I have to believe that they already have a ton of these watches in inventory they need to clear out to make space for the VTNRs and new two tone and full gold GMTs.

All the GMTs track each other, its VTNR > BLRO > TT CHNR > BLNR > LN. If one drops the other drops as well. I would argue the BLNR is much more popular than BLRO just because its more available (AD gets 5-10 BLNRs for each BLRO) and the colorway is more versatile. Its one of their top 3 selling sports, AD or grey. A dealer shouldnt have any problem stocking them like they do black subs. Not sure whose choosing the new GRNR over a BLNR, in time the GRNR should settle to the same as the CHNR but TT and PM have never been more popular than SS. Even the VTNR is such a niche watch for most regular watch buyers unless theyre lefty.

Originally Posted by Gebbeth

"Support"? They don't call the shots. They are essentially intake people. They have a script, and the operative mode is to get the watch in their hands. Possession is 9/10 of the law, and once in their hands, they are going to low-ball, and the play here is that a good chunk of people don't want to deal with the hassle of asking for the watch back, and going through the process again.

Thats a pretty dumb play as theyre paying for label incoming and outgoing. Most initial quotes with pics shouldnt be too far off. If were talking about a 12k initial and lets say a 9k final then even most idiots will want it back. I dont really care for the greys either as sure they need to make their margin and get their lambos and steak dinners but they cant low ball you on a highly liquid piece like BLNR, Sub, Daytona and expect to be competitive.

[doublevanose82]

I wouldn't call it a crash, more like a correction.

[jb335]

Originally Posted by cloudken

(AD gets 5-10 BLNRs for each BLRO)

What is this claim based on?


Sent from my iPhone using Tapatalk

[Rolexatlast]

Originally Posted by Calatrava r

No. It's just dealers trying to make the most money possible.

They always do that.

But when they are short of stock, they’ll pay more to tempt you to sell, and sell to them and not their competition

When they have surplus stock, they’re not really bothered about your watch, so will at best offer you a low price so they can make a big margin to offset the risk of being stuck with it for a long time

[Podmornica]

"The secondary watch market is dead in the backyard pool floating face down" - Opusntime

[Booth9999]

I think the BLNR is a better watch than the BLRO. I bought it before I knew the hype, I saw it and was like this is the one for me. Black and blue are much more versatile. I think it’s is a correction also.

[njlam]

The blue/red bezel is also available in a WG version of the GMT2.

To me, it cheapens the BLRO...could make SS wearers seem like the are masquerading as WG...

The BLNR there is no doubt.

[ducatiti]

BLRO will still be on top years onward whether we like it or not.

[mmalek1]

My entire retirement is centered around selling my BLNR watch! My financial planner is going have to work overtime to figure a new retirement plan. I’m thinking I should open that lemonade stand outside the community pool to make do.

[superpop]

Hang on to your pearls ladies, I sold my 2020 GMT II BLNR on Jubilee for 17K cash last month. Sold it to a dude on Facebook marketplace, met in my local bank, he handed me a stack of cash, I deposited it in my account, and I handed him the watch in the box. No muss, no fuss. Had it listed for about a week before he inquired.

[JRell]

The world awaits the upgraded case, moving away from the super case. Watch prices drop even faster then! I would still take a BLRO now from my AD as it is iconic, but none others. Had the blnr and root beer, over them.

[MJZRolex]

Wish I could change the title on this posting. There is no crash and one can't be created with a posting, only wishful thinking. The BLNR is in high demand and will continue to hold its value. Don't believe the eBay sold comment of $14K above, as most are selling in the $16K - $17K range. Chrono24 shows very high prices ($18K - $19K ask), but they always seem to. The $16K - $17K comment above (depending on bracelet) seems on track.

[mg18]

Originally Posted by njlam

The blue/red bezel is also available in a WG version of the GMT2.

To me, it cheapens the BLRO...could make SS wearers seem like the are masquerading as WG...

The BLNR there is no doubt.

Not if you get it on Jubilee!

In all seriousness, it's not as though the BLRO wasn't the quintessential steel GMT in the Rolex line up for the majority of the GMT's history or anything...

[Incantana]

Bumping this up. Where are selling prices at (not asking) for new/near new BLNR today?

[worldofoyster]

10700 for the oyster and 10900 for the jubilee, plus tax

[Incantana]

Originally Posted by worldofoyster

10700 for the oyster and 10900 for the jubilee, plus tax

🙄

[amh]

Originally Posted by Incantana

Bumping this up. Where are selling prices at (not asking) for new/near new BLNR today?

The web knows
https://watchcharts.com/watch_model/...0blnr/overview

[Miker86]

Originally Posted by denmanproject

Pro tip - pay retail and not give a flying crap about grey prices

The kind of guy who enjoys the smell of his own farts.

[Gab27]

Originally Posted by worldofoyster

10700 for the oyster and 10900 for the jubilee, plus tax

I guess they felt that making them both $10,800 was just too easy.

[dubins930]

Originally Posted by Harry-57

I think that offering sellers less than $9K for the 11 series BLNR sounds more like sanity than insanity. I hope the trend catches on.

Paying under retail for a used watch!!! Insanity

[Polarexplorerii]

Originally Posted by worldofoyster

10700 for the oyster and 10900 for the jubilee, plus tax

yah right

[whiskyrolex]

Originally Posted by jb335

What is this claim based on?


Sent from my iPhone using Tapatalk

His AD said so....

[njlam]

I saw a new 12 series trade on moda today at $14.5K

[njlam]

grey prices definitely dropping...still no call from AD...

[whiskyrolex]

Originally Posted by njlam

I saw a new 12 series trade on moda today at $14.5K

It didn't have a card.
With card is about $16k.

I could see it going below $15.

[Podmornica]

Originally Posted by njlam

grey prices definitely dropping...still no call from AD...

At this point we are likely to see the sub MSRP prices at the grey dealers than to get a call from the AD.

The Rolex and AD will try their best to continue the charade while the secondary watch market is the place where we can really see the price and demand trends.

[pearson1995]

The 11 series will always be the first two coloured ceramic Rolex. Being the first imo in time will be looked back on as an icon of the 6 digits.