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22 January 2021, 06:23 AM | #1 |
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History Lesson on Milgauss Hype circa 2008 please?
https://www.rolexforums.com/showthre...rsatile&page=2
What happened? I had negative net worth in 2008 and no watches back then, but it appears during this time people were passing on GMT's and flipping the milgauss? And the OP passed on an LV?? My favorite quote: "The Milgauss isn't for me (I don't think) but it is much more "collectable" and desirable than the GMT IIc. I guess it just depends what YOU want and why you want it. So many people here are worried about making a profit and getting their money back and others want to own exclusive, hard to get watches. If you can afford both, do that." |
22 January 2021, 06:48 AM | #2 |
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I like the post about gold being close to $1k and the cost of TT going up
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22 January 2021, 06:59 AM | #3 |
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Two years ago a polar tritium explorer II (full set) was $4600. Everything Rolex will have its moment at some point. The Milgauss will have its day, I promise you
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22 January 2021, 07:08 AM | #4 |
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When the Milgauss returned in 2007 the 'green glass' version was referred to as a 50th anniversary model and everyone assumed it would be a limited run. There were tales of the glass being difficult to manufacture so Rolex were going to cease production etc. It was extremely sought after for a short period.
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22 January 2021, 07:21 AM | #5 |
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Who has a 2008 Rolex catalog? Who has a 2008 collection?? Dark days economically but a great era for Rolex design. A transitional era between "vintage" and the ceramic pieces we see today.
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22 January 2021, 07:52 AM | #6 |
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I remember when the GV was going for $20K. I'm glad I sold at that price. That watch was hyped up big time.....short lived.
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22 January 2021, 08:22 AM | #7 |
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22 January 2021, 08:55 AM | #8 |
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This thread seems educative. Thank you.
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22 January 2021, 09:04 AM | #9 | |
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Quote:
Just a couple of years ago I was looking at them again and saw they were in that mid to high $4,000 range, then they got up to $5,400 and then BAM the rocket took off. The ones I am looking at now are around $8K!!! I still want a polar but damn, if I ever get the call from my AD I can get a brand new sub 124060 for the same price before tax. The sub is a way better deal for the price. |
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22 January 2021, 09:07 AM | #10 |
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Wearing mine today; I didn't buy it to make a profit or because it was trendy. It's a beautiful technologically superior watch, imho!!!
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22 January 2021, 09:11 AM | #11 |
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Spring of 2018 I bought a 14060 s series unworn blank warrantee full set for 5100$ from a grey dealer
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22 January 2021, 10:02 AM | #12 |
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Meh, in late 2008 I remember almost buying a 116718 for $16.5k on another of the big watch forums. It was minty, but I passed. I just couldn’t justify it to myself back then
Picked it up at a much higher price in 2018. Still extremely happy with it. Sent from my iPhone using Tapatalk
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Current watches: 116718ln, 116500 black dial, 40mm Breitling Chronomat MOP dial “A man with one watch always knows what time it is. A man with two watches is never sure.” |
23 January 2021, 02:46 AM | #13 |
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Love mine. It makes me feel like crazy scientist.
Would I care about resale.... nope. Sent from my SM-N935F using Tapatalk |
23 January 2021, 02:57 AM | #14 |
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The original SS/Plat Yachtmaster also had its moment in the sun. I still remember walking into an AD in early 2000 asking for a 16520. He didn’t have one of those but with great fanfare went back to the safe and presented a new 16622 to me as a consolation prize. I believe the MSRP was then around $6200. Don’t remember how much grey price was but it was at least a grand over that.
Just a few months later I was offered a 16520 elsewhere and sold the YM for more than I paid for it to fund the Daytona. Recovered financially a year or so later I bought another YM, they were still not shown in cases back then. What’s happening now is not unprecedented, the hype phase is just lasting longer now. |
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