BOB's said no thanks to SD43

[SlideRacker]

It’s not just Bobs. I called a local TS dealer and offered a NOS steel reference. They passed as well, unless I’m willing to practically give it away. Lots of dealers are sitting on too much inventory. They all apparently stocked up thinking prices would continue to go through the stratosphere. Now they’re all getting caught with too much inventory. At the thin margins they operate under, I expect many greys to start running into serious financial trouble.

[Chadridv]

Originally Posted by JRell

I don’t think any of these watches should ever be seen as an investment. No one knows where the market will go with them. Especially with the SD43, they are readily available as most want submariners, always has been like this. Try crown and caliber, might have a shot there.

I agree with you, but there's no way around it. It's the world we live in now. At let for the time being, possibly until we see a huge correction in the market.

I have a few watches I've stopped wearing. Do I call them investments? No. But I'm not wearing them, they sit in the safe, I have no plans to sell... so what are they!? haha.

[214270Explorer]

Yeh. Gray's are overloaded and not selling at the inflated prices. Heh.

[Rock Strongo]

It's still such a sellers market, I wouldn't bother with consignment when you can throw it on here or any number of Facebook groups to get the market rate.

[PO 2500D]

I've watched 4 TT SD43 go through an auction website we have the UK over the last 2-3 months they have all made between 15-16k inc fees which is around the same that WF sell them for.

This one went through last week and fetched the most of the 4 at 15k+ fees so I don't see a collapse in SD43 pricing but at 15-16k against a retail of 13.6k it never got into the bubble range at 10-15% above list in the grey market and remains the best value Rolex sports watch.

https://www.watchcollecting.com/for-...ex-sea-dweller

[GGGMT]

Originally Posted by johnwigan

Can't complain because they don't want to buy a watch. They may not be able to lower their prices because of the price they paid for their own stock. As the tide turns this will happen more and more. People will find they can't sell for those crazy prices they have seen online, and they think their watch is now worth. As soon as Rolex AD supply returns to normal grey prices will plummet like a stone. What will people pay a reseller for a current model that is available at ADs. Less than RRP. Grey resellers don't want to be caught holding lots of stock that they have to sell off at a loss quickly, before the loss increases. Need to batten down the hatches and get everything shipshape to be able to survive a falling market.

+1. Bobs is not hoarding stock, Bobs is preparing for a downturn in the market and therefore doesn’t want to the watch


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