ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
27 April 2021, 09:53 AM | #1 |
"TRF" Member
Join Date: Aug 2020
Real Name: Alex
Location: Canada
Posts: 1,696
|
I had to blink more than twice ...
but I just saw a local post on Craigslist (I live near Vancouver, Canada), for a new, unworn, OP41, coral red, complete set, asking a firm $16k CAD. MSRP is $6950 CAD. That's 130% above retail!!! Am I the only one who thinks that's crazy?!
__________________
Submariner Date 116610LN | GMT-Master II 126710BLNR on Jubilee | Explorer Rolesor 124273 | Submariner Date Bluesy 126613LB |
27 April 2021, 09:57 AM | #2 |
"TRF" Member
Join Date: Oct 2019
Real Name: HM
Location: 🇲🇾
Posts: 2,478
|
That’s the name of the game with Rolex these days. Which is quite sad considering it’s their entry level watch…. I think value retention is a great thing for watches. But wait list and absurd premium for an entry level watch kinda takes the fun away.
|
27 April 2021, 10:01 AM | #3 |
"TRF" Member
Join Date: Sep 2018
Location: USA
Posts: 376
|
Thats what happens when they launch a "new line" with not many getting rolled out. Even my fiancé who isn't into watches has seen and wants an OP36 in the tiff blue. My SA has told me they haven't even seen a tiff blue 36 come in yet. They've seen it in 41 once and a 36/41 in the green.
I think Rolex grossly underestimated the demand the colors would bring in.
__________________
Rolex GMT 116719BLRO Audemars Piguet Royal Oak 15510st Omega Seamaster 210.30.42.20.04.001 Omega Speedmaster Chronoscope 329.30.43.51.03.001 |
27 April 2021, 10:02 AM | #4 |
"TRF" Member
Join Date: Jun 2020
Location: USA
Posts: 3,018
|
Flippers be flippin’. I’m sure the Craigslist listing has been emailed to the managers of all the local Vancouver ADs. The flipper will never get another Rolex again. Hope he scores big (this one time).
|
27 April 2021, 10:05 AM | #5 |
"TRF" Member
Join Date: Apr 2018
Location: Location Location
Posts: 1,794
|
That's what I've seen it for on the aftermarkets. Rare to actually see
|
27 April 2021, 10:54 AM | #6 |
"TRF" Member
Join Date: Oct 2016
Real Name: Nick
Location: YUL
Watch: 16570
Posts: 1,936
|
Or that Hulk for sale on Canwatchco for 28000$; that’s ridiculous. It’s disgusting, actually.
__________________
Nick _________________________________________ 14060M - 114200 - 114270 - 214270 - 16710BLRO - 16570 - 3570.50 - Cartier Tank Solo - Cartier Tank Française ‘Yearling’ - CWC Navy Diver |
27 April 2021, 10:56 AM | #7 |
"TRF" Member
Join Date: Feb 2021
Location: Canada
Posts: 36
|
|
27 April 2021, 11:10 AM | #8 |
"TRF" Member
Join Date: Oct 2017
Location: East coast
Posts: 6,660
|
One idiot looking for a bigger idiot....
|
27 April 2021, 11:19 AM | #9 |
"TRF" Member
Join Date: Jan 2019
Location: Virginia
Posts: 576
|
Got my wife the green 31. Waiting for a yellow 41 for myself. They’re definitely interesting watches. Demand is there.
|
27 April 2021, 11:35 AM | #10 |
"TRF" Member
Join Date: Apr 2016
Location: 1 of 13 Colonies
Posts: 8,575
|
$16k CAD = $12.9k USD.... that's a bargain! You should buy it now!
Trusted seller here in the US is selling unworn for $14375 USD = $17.8k CAD although there's a discount - I wouldn't trust Craigslist with a $1. So there's a risk premium in buyer from trusted seller |
27 April 2021, 11:36 AM | #11 |
"TRF" Member
Join Date: Aug 2017
Location: Dense Rainforest
Watch: Aqua Terra
Posts: 514
|
You know, I can post an OP41 for sale right now. Perhaps for $15k CAD.
It's a ridiculous price. Is Craigslist gonna stop me? Nope. Also, I don't own that watch right now. Is the site gonna do something about it? Nope. Take these ads with a grain of salt. |
27 April 2021, 12:34 PM | #12 | |
2024 Pledge Member
Join Date: Aug 2014
Real Name: Francisco
Location: San Juan, PR
Watch: Is Ticking !
Posts: 25,184
|
Quote:
Sent from my iPhone using Tapatalk Pro
__________________
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 |
|
27 April 2021, 12:35 PM | #13 | |
"TRF" Member
Join Date: Jul 2016
Location: Denver
Posts: 223
|
Quote:
|
|
27 April 2021, 01:10 PM | #14 |
"TRF" Member
Join Date: Oct 2009
Location: MN
Watch: OP36 Blue 3-6-9
Posts: 2,195
|
It's insane. There's a seller here on TRF right now trying to get $14,950 for a Tiffany Blue OP36. That's ridiculous. Whoever buys that needs their head examined. I got my wife the OP34 in blue on Saturday and my SA said she could have ordered any color from the catalog if she wanted to. There would just be a wait for some of the other colors, but certainly any of them could have been ordered. We didn't do it so I don't know what that process would have looked like, such as putting down a deposit or whatever. That was for the 34. I didn't ask about the 36 since I already own one.
|
27 April 2021, 03:59 PM | #15 |
2024 Pledge Member
Join Date: Aug 2015
Real Name: Basil
Location: Athens, GR
Watch: BoctokKomandirskie
Posts: 2,881
|
|
28 April 2021, 07:21 AM | #16 |
"TRF" Member
Join Date: Jun 2016
Real Name: Hollis
Location: Southeast MS
Watch: Orient Ray Diver
Posts: 87
|
This sort of thing has become the norm. Folks should buy the watches they want and stop buying to resell.
I know my AD has sold at least one 36 and one 41 in turquoise. He said he tired both on, so makes sense they’ve sold one or two. So they’re out there just have to find them. Sent from my iPhone using Tapatalk |
28 April 2021, 07:28 AM | #17 |
"TRF" Member
Join Date: Dec 2016
Location: Canada
Watch: Sub, GMT
Posts: 712
|
|
28 April 2021, 07:55 AM | #18 |
"TRF" Member
Join Date: Jan 2019
Location: Earth
Posts: 155
|
its free market. Sellers can list what ever price they wanted. try to look on eBay for hot sports cards.
|
28 April 2021, 08:00 AM | #19 |
2024 SubLV41 Pledge Member
Join Date: Feb 2010
Real Name: Thomas
Location: YVR
Watch: 116233/79190
Posts: 50,579
|
There's a Rolex Daytona 116500LN on CL Vancouver for - $39,500.
There's a deal.
__________________
. ..- ' A Crown for every achievement ' |
28 April 2021, 08:32 AM | #20 |
"TRF" Member
Join Date: Aug 2019
Real Name: Jay
Location: England
Watch: SkyD
Posts: 6,398
|
You have to understand that some people just cannot get Rolexes from an authorised dealer. No matter how much money you have. If you have the means and want the watch and don’t want to ridiculously wait for years then this is your option. I’ve paid huge amounts over retail for some watches and I couldn’t care less.
An example of my own is gmt meteorite, I paid roughly 50 per cent over retail for it brand new, because I was never going to be able to get one another way, the best I could hope for is a “maybe” sometime in the next few years. Now if I want to sell and decide I need the money for something else for any reason I’m quite confident I could sell it immediately tomorrow for a £5k loss. Not a big deal considering how much we pay for these watches anyway and I get to wear and buy it immediately. |
28 April 2021, 09:58 AM | #21 |
"TRF" Member
Join Date: Nov 2019
Location: Sunshine State
Watch: lots of Rolex
Posts: 5,077
|
Anyone can "ask" anything; you'd have to be crazy to pay it though. Waiting on my OP41 Green from AD since Sept. Wife received her OP31 Candy Pink and loves it.
__________________
126610LV//116508 Daytona YG Black/Champagne 116655 YM40 Everose Oysterflex//126622 YM40 Blue//126600 SD43 126710BLNR//126711CHNR 126334 DJ41 Rhodium/Diamonds//126331 DJ41 TT Wimbledon 124300 OP41 Green//126334 DJ41Mint Green |
28 April 2021, 05:38 PM | #22 |
"TRF" Member
Join Date: May 2018
Location: UK
Posts: 832
|
Are the 36mm op also hard to get ?
|
28 April 2021, 05:56 PM | #23 |
2024 Pledge Member
Join Date: Jun 2017
Location: London
Watch: Explorer 214270
Posts: 483
|
Simple economics at play here... supply and demand.
I'd love to know the prices actually achieved vs that advertised, to show if it's a false economy or not. |
28 April 2021, 07:31 PM | #24 |
"TRF" Member
Join Date: Aug 2019
Real Name: Jay
Location: England
Watch: SkyD
Posts: 6,398
|
They sell for what they’re listed for - at the bottom end of the listings. Try get a discount you’ll be very lucky maybe 500 off I’ve bought many watches and they definitely sell very quickly.
|
29 April 2021, 12:40 AM | #25 |
"TRF" Member
Join Date: Apr 2016
Location: 1 of 13 Colonies
Posts: 8,575
|
|
29 April 2021, 12:44 AM | #26 |
"TRF" Member
Join Date: Jun 2020
Location: Canada
Watch: Rolex
Posts: 541
|
I check out the prices for laugh on there. Those sellers are beyond greedy..most come from GWC buyers I am sure.
__________________
Submariner 116613LB Blusey Sky Dweller TT Black Dial DD 40 Silver Dial on [[[Yellow Gold]]] |
29 April 2021, 12:45 AM | #27 |
2024 SubLV41 Pledge Member
Join Date: Feb 2010
Real Name: Thomas
Location: YVR
Watch: 116233/79190
Posts: 50,579
|
Yeah, it's CAD$.
__________________
. ..- ' A Crown for every achievement ' |
29 April 2021, 12:55 AM | #28 |
"TRF" Member
Join Date: Apr 2021
Location: Great North
Watch: 116610LV
Posts: 58
|
I am still wrapping my head around the fact people are trying to squeeze 37k out of a plain old steel daytona ..
|
29 April 2021, 12:59 AM | #29 | |
"TRF" Member
Join Date: Apr 2021
Location: Great North
Watch: 116610LV
Posts: 58
|
Quote:
If justified I can put down 50k on a crazy piece like a perpetual calendar with a PM case and never buy another one after the fact .. but 50k for a steel watch with a simple chronograph most people don't know how to use I just can't understand the logic and they are not even keeping these watches !! its just bouncing from flipper to flipper with a slight price increase every time |
|
29 April 2021, 01:12 AM | #30 |
"TRF" Member
Join Date: Sep 2018
Real Name: Joe
Location: Chicago
Watch: me closely!
Posts: 234
|
__________________
Rolex Submariner TT 116613LB • Tudor 1926 41mm M91650-0005 • Tag Heuer Aquaracer WAY201B.FT6150 • Oris Artelier Date OR733-7670-4051LS • Luminox XS.3505.SC • Alpina AlpinerX AL-283LNO5NAQ6L • Steinhart GMT-OCEAN 1 BLUE RED.2 • Casio G Shock GW-5000-1JF |
Currently Active Users Viewing This Thread: 16 (0 members and 16 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.