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9 December 2019, 05:03 PM | #1 |
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Location: United Kingdom
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A strange thing happened yesterday
Yesterday I went to a local shopping centre
The grey dealer there had luminous tags showing sale... They had £1500 off the Batman .. £1800 off pepsi.. still expensive but lower than they were asking. Got me looking at chrono 24 pepsi £13200 Batgirl s £12500 Hulks £12000 Batman's £11000 The tides are turning... The investment pieces are not so hot as the Grey's are becoming saturated. Won't be long before they realise they can't continue selling to each other Are general buyers realising they can wait and get there dream watch at cost Are flippers not selling there I'll gotten gains for much profit Roll on 2020 |
9 December 2019, 07:41 PM | #2 |
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Location: West Midlands, UK
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Demand for certain references remains IMO very high. I will wait patiently for a submariner 114060 that I have requested from my nearest AD. I know some on this forum advocate spreading the net wide by visiting several AD’s but surely that inflates demand artificially. I only want to buy one reference after all.
I would like to see secondary prices reduce without the illusion of a ‘sale’ so the silly notion of flipping for a tidy profit stops. |
9 December 2019, 07:57 PM | #3 |
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pepsi £13200 -£6050 over MSRP.
Batgirl s £12500 - £5350 over MSRP. Hulks £12000 - £5050 over MSRP. Batman's £11000 -N/A If prices are coming down I'm happy for all of us who buy watches to love them, to admire them, and to actually wear them. I doubt any of those asking prices will be met but I don't think we're left planet Insane just yet. or are likely to soon. |
9 December 2019, 08:43 PM | #4 |
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Location: UK
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If there was a model i wanted within the current line up, i would wait to get at MSRP.
There will always be buyers who want instant gratification and thats fine. If required i would rather pay grey price, than bundle tat i didn't want in order to get a desirable model at MSRP. Which isn't really MSRP when you take into account the mark up on the tat they make you buy. |
9 December 2019, 09:09 PM | #5 |
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[QUOTE=The investment pieces [/QUOTE]
Investment pieces?
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The King of Cool. |
9 December 2019, 09:31 PM | #6 |
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Real Name: Vic
Location: Spain
Watch: SD43
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Looks like the grey dealers' little oligopoly game with hot pieces (hoarding them and manipulating the market by fixing prices well above retail) is starting to show its first cracks. Is this a new trend or just a correction? I don't know.
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9 December 2019, 09:46 PM | #7 |
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Location: USA
Posts: 537
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Personally, I’d love to see Grey dealers lose their shirts on these pieces. Means cutting out the unnecessary middleman and getting more inventory directly into the hands of the end user without the exploitative markup.
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9 December 2019, 10:47 PM | #8 | |
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Quote:
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IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
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9 December 2019, 10:50 PM | #9 |
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I always snicker when I hear that word associated with watches.
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Rolex 228235 DD40 Olive, 126710BLRO, 116710BLNR, 116613LB, 116500LN White, 126610LN, 116500LN Black, 126610LV, 116610LV, 126334 Blue Diamond Breitling Navitimer 01, Cartier Santos Large |
10 December 2019, 12:30 AM | #10 |
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Good thing!
Sent from my iPhone using Tapatalk Pro
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Francisco ♛ 16610 / 116264 Ω 168.022 / 2535.80.00 / 310.30.42.50.01.002 / 210.90.42.20.01.001 Zenith 02.480.405 2FA security enabled |
10 December 2019, 12:31 AM | #11 |
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Location: New Jersey
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10 December 2019, 01:38 AM | #12 |
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Real Name: Louis Nick Ric
Location: Michigan, USA
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I'm sure grey dealers are holding out as long as possible with their supply however the market is driven by the demand of the buyer. Prices are correcting slow and steady now. It's going to be more interesting after the the first of the year. I see some private sellers now going significantly below the greys prices to move their piece such as a '19 Hulk here on TRF for 12k...My AD seems to be in a better mood lately on his overall supply and offered me three nice pieces, (not on display) three days ago on my random visit. Come on 2020!
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10 December 2019, 01:51 AM | #13 | |
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Quote:
Last edited by Cloudchaser; 10 December 2019 at 02:27 AM.. Reason: Misplaced opinion. |
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10 December 2019, 02:09 AM | #14 | |
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Location: Portland, OR
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Quote:
My local pre-owned Rolex dealer had a new Batgirl for $15K USD. I just looked on Chrono24 and found quite a few pieces priced in that range or slightly lower. I was surprised as I thought the new BLNR was going for a lot more than that! Those prices have definitely softened quite a bit since Basel last year. |
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10 December 2019, 03:11 AM | #15 |
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Real Name: Louis Nick Ric
Location: Michigan, USA
Watch: Blnr, Expll, Subs,
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