The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 16 November 2023, 11:11 AM   #1
OTX
"TRF" Member
 
OTX's Avatar
 
Join Date: Oct 2012
Location: Twilight Zone
Posts: 606
Bluesy future

Hello guys and gals,

I recently purchased a Bluesy from an AD which I fully enjoy and plan on keeping. My cousin saw me wearing it and wants to get one. He told me he is going to wait a year or so as he believes he can get it a lot cheaper in the preowned market then as he says prices have been coming down for a while now. We made a bet for $100. I told him it will hold value and he says it won’t. Am I going to lose my $100 ? Lol. I know no one knows but just curious as what others think.

OTX is offline   Reply With Quote
Old 16 November 2023, 12:34 PM   #2
Kiddodoc
2024 Pledge Member
 
Kiddodoc's Avatar
 
Join Date: May 2009
Real Name: Rick
Location: Texas
Watch: 15 and counting!
Posts: 3,534
who knows but what I have seen as I have been collecting for quite some time that most Rolex sport watches increase in value over time.
Kiddodoc is offline   Reply With Quote
Old 16 November 2023, 01:18 PM   #3
Rollieo
"TRF" Member
 
Join Date: Mar 2020
Location: USA
Posts: 1,186
Personally I think this reference will further reduce in price between Msrp and secondary. Two tone has traditionally been under Msrp, and I have to imagine that’s where we’re headed if not already there.
Rollieo is offline   Reply With Quote
Old 16 November 2023, 01:24 PM   #4
Kenny G
"TRF" Member
 
Join Date: Nov 2021
Location: Canada
Posts: 1,106
I think your cousin is right….but whether it will take a year or possibly 2 to get there, I’m not sure. The point being is that the watch market is coming down.
Kenny G is offline   Reply With Quote
Old 16 November 2023, 01:46 PM   #5
dg1111
"TRF" Member
 
Join Date: Jan 2010
Location: California
Posts: 45
I have that watch. It’s a beautiful watch. I think your cousin is right though. The whole market is trending down. Enjoy your watch!
dg1111 is offline   Reply With Quote
Old 16 November 2023, 02:19 PM   #6
inadeje
2024 SubLV41 Pledge Member
 
inadeje's Avatar
 
Join Date: Jan 2013
Location: Miami
Watch: me lose count.
Posts: 5,907
TT Rolex have historically spent more time below MSRP on the used market than above it.

Outside of the aberration that was 2021 to March 2023 luxury watch market the TT Rolex sells below retail
__________________
♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41
inadeje is offline   Reply With Quote
Old 16 November 2023, 02:26 PM   #7
Colorado_kid
2024 Pledge Member
 
Colorado_kid's Avatar
 
Join Date: Dec 2021
Location: USA
Posts: 942
Was the bet that I’ll be lower on the pre owned market than it is right now or will be lower than MSRP on the grey market?

All luxury goods have been going down recently. But that doesn’t mean things will be below MSRP.


Sent from my iPhone using Tapatalk
Colorado_kid is offline   Reply With Quote
Old 16 November 2023, 03:30 PM   #8
MVagusta1
Banned
 
Join Date: Mar 2022
Location: Michigan
Posts: 4
it will go at list, make sure you closeout the bet, within 6 months
MVagusta1 is offline   Reply With Quote
Old 16 November 2023, 04:46 PM   #9
Cru Jones
2024 SubLV41 Pledge Member
 
Cru Jones's Avatar
 
Join Date: Mar 2010
Location: Paris, France
Posts: 35,307
Sad for your cousin missing out on a year of not wearing this beautiful watch. Lift is too short to play secondary market pricing games, IMHO.
Cru Jones is offline   Reply With Quote
Old 16 November 2023, 05:00 PM   #10
Reinhard in SA
"TRF" Member
 
Reinhard in SA's Avatar
 
Join Date: Nov 2016
Location: South Africa
Posts: 873
With the way Rolex price increases are going, by the time he is ready to buy, the used price will probably be what a new one costs now. I think your $100 is safe.
Reinhard in SA is offline   Reply With Quote
Old 16 November 2023, 05:01 PM   #11
996marty
"TRF" Member
 
996marty's Avatar
 
Join Date: May 2019
Location: Uk
Watch: RolexGMT/Tudor7928
Posts: 4,182
I think your money is safe
996marty is offline   Reply With Quote
Old 16 November 2023, 06:23 PM   #12
thesharkfactor
"TRF" Member
 
thesharkfactor's Avatar
 
Join Date: Aug 2007
Location: Scotland
Watch: GMT
Posts: 3,643
Well done, you caught the watch in perfect lighting that shows why I don’t like it, that cartoon pastel blue bezel colour.


This is the OG, how it used to be, it used to match the dial, what were they thinking?

thesharkfactor is offline   Reply With Quote
Old 16 November 2023, 07:01 PM   #13
padi56
"TRF" Life Patron
 
padi56's Avatar
 
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,064
Well in general all the TT Rolex watches in proportion of price paid ,dont hold there value like most all of the SS models.At one when the Daytona was first launched you could buy the TT version for less than the SS versions were bringing in the market.The blue dial sub is my favourite in all of the TT Rolex watches great watches,as for prices well who knows its a crazy Rolex world today.
__________________

ICom Pro3

All posts are my own opinion and my opinion only.

"The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever."
Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again.

www.mc0yad.club

Second in command CEO and left handed watch winder
padi56 is offline   Reply With Quote
Old 16 November 2023, 10:52 PM   #14
77T
2024 SubLV41 Pledge Member
 
77T's Avatar
 
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 42,024
I agree that resale history seems to show that TT sports models comparatively lag SS sports models.


Sent from my iPhone using Tapatalk Pro
__________________


Does anyone really know what time it is?
77T is offline   Reply With Quote
Old 16 November 2023, 10:59 PM   #15
brandrea
2024 SubLV41 Pledge Member
 
brandrea's Avatar
 
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,135
Quote:
Originally Posted by Cru Jones View Post
Sad for your cousin missing out on a year of not wearing this beautiful watch. Lift is too short to play secondary market pricing games, IMHO.
Have to agree.
brandrea is offline   Reply With Quote
Old 16 November 2023, 11:04 PM   #16
roadie1
2024 Pledge Member
 
roadie1's Avatar
 
Join Date: Nov 2007
Location: Southeast
Watch: Divers, GMT
Posts: 2,149
Quote:
Originally Posted by thesharkfactor View Post
Well done, you caught the watch in perfect lighting that shows why I don’t like it, that cartoon pastel blue bezel colour.


This is the OG, how it used to be, it used to match the dial, what were they thinking?

That is a beautiful dial! Looks like it’s been polished to death, but has a lot of character nonetheless.
roadie1 is offline   Reply With Quote
Old 17 November 2023, 01:15 AM   #17
watchwatcher
"TRF" Member
 
watchwatcher's Avatar
 
Join Date: Jan 2009
Real Name: Larry
Location: Kentucky
Watch: Yes
Posts: 35,055
A lot of variables in the pre-owned market. For one, age and condition are paramount. Is he saying he can find the same reference, warranty dated at least in the ballpark, in BNIB or LNIB condition for cheaper?

It's a definite maybe. I wouldn't bet on it either way.
watchwatcher is offline   Reply With Quote
Old 17 November 2023, 01:27 AM   #18
KatGirl
2024 SubLV41 Pledge Member
 
KatGirl's Avatar
 
Join Date: Jul 2012
Real Name: Kat
Location: CA, USA
Watch: 126233 Wimbledon T
Posts: 7,173
Bluesy future

Quote:
Originally Posted by thesharkfactor View Post
Well done, you caught the watch in perfect lighting that shows why I don’t like it, that cartoon pastel blue bezel colour.


This is the OG, how it used to be, it used to match the dial, what were they thinking?


Both are nice, of course, but I prefer the OP’s watch, and I guess the Rolex designers did, too. The different shade of blue, on the bezel makes it more interesting. I have a Seiko diver, where they did the same thing. It’s a favorite of mine. OP, I think you will win that bet, and congrats on your beautiful new Bluesy.

Kat


Sent from my iPad using Tapatalk
KatGirl is online now   Reply With Quote
Old 17 November 2023, 01:35 AM   #19
rmurphy
2024 Pledge Member
 
rmurphy's Avatar
 
Join Date: Mar 2013
Real Name: Richard
Location: Augusta Georgia
Watch: 16600
Posts: 1,058
Quote:
Originally Posted by thesharkfactor View Post
Well done, you caught the watch in perfect lighting that shows why I don’t like it, that cartoon pastel blue bezel colour.


This is the OG, how it used to be, it used to match the dial, what were they thinking?


I much prefer the original version as well


Sent from my iPhone using Tapatalk Pro
rmurphy is offline   Reply With Quote
Old 17 November 2023, 02:14 AM   #20
thesharkfactor
"TRF" Member
 
thesharkfactor's Avatar
 
Join Date: Aug 2007
Location: Scotland
Watch: GMT
Posts: 3,643
Quote:
Originally Posted by roadie1 View Post
That is a beautiful dial! Looks like it’s been polished to death, but has a lot of character nonetheless.
This was a watch that came to me in a px deal for a car. It was completely compromised by polishing, I didn't keep it. The dial was lush though!
thesharkfactor is offline   Reply With Quote
Old 17 November 2023, 03:06 AM   #21
Robf52
"TRF" Member
 
Robf52's Avatar
 
Join Date: Nov 2019
Location: Sunshine State
Watch: lots of Rolex
Posts: 5,077
Quote:
Originally Posted by 996marty View Post
i think your money is safe
+1.
__________________
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
Robf52 is offline   Reply With Quote
Old 17 November 2023, 03:45 AM   #22
GHEN
"TRF" Member
 
Join Date: Jan 2016
Location: Gahanna, Ohio
Posts: 47
Quote:
Originally Posted by thesharkfactor View Post
Well done, you caught the watch in perfect lighting that shows why I don’t like it, that cartoon pastel blue bezel colour.
LOVE the new blue!

GHEN
GHEN is offline   Reply With Quote
Old 17 November 2023, 03:49 AM   #23
Calatrava r
2024 SubLV41 Pledge Member
 
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,429
TT watches are not as popular as their SS counterparts and as stated typically lose more value than steel only watches. You love the watch so who cares. If the current market continues, values will stay where they are now.
Calatrava r is offline   Reply With Quote
Old 17 November 2023, 04:05 AM   #24
thebusinessend
"TRF" Member
 
thebusinessend's Avatar
 
Join Date: Apr 2014
Location: USA
Posts: 40
IMO it will probably stay slighty at list for trade in you would loose sales tax most likely. Market is really based on avability and then what grey market buyers feel the watch is worth. Prices as im sure your well aware have all dropped. But thats a classic watch in the line up.
IMO i would hold off on the full gold stuff for a year (not that I plan to take my own advice) but i bet the full gold stuff which already started to see a big drop like almost every DD40 model. Possibly a year to two from now will all be at below msrp on the grey. But its a guess and lifes short so if ya want the watch no buy it. Rolex will always keep raising prices so even if the watch is at msrp 2 years from now I bet you that MSRP will be more that current pricing now.
thebusinessend is offline   Reply With Quote
Old 17 November 2023, 04:47 AM   #25
OTX
"TRF" Member
 
OTX's Avatar
 
Join Date: Oct 2012
Location: Twilight Zone
Posts: 606
Quote:
Originally Posted by Colorado_kid View Post
Was the bet that I’ll be lower on the pre owned market than it is right now or will be lower than MSRP on the grey market?

All luxury goods have been going down recently. But that doesn’t mean things will be below MSRP.


Sent from my iPhone using Tapatalk
Lower than MSRP. I think long term with the price increases, it will hold value. In the next year or so, not so clear.
OTX is offline   Reply With Quote
Old 17 November 2023, 04:49 AM   #26
OTX
"TRF" Member
 
OTX's Avatar
 
Join Date: Oct 2012
Location: Twilight Zone
Posts: 606
Quote:
Originally Posted by Cru Jones View Post
Sad for your cousin missing out on a year of not wearing this beautiful watch. Lift is too short to play secondary market pricing games, IMHO.
Agree 100%. I told him buy it. So what if it loses a few hundred dollars in value if he likes it!. I think he’s waiting for something that isn’t going to happen. He thinks he’ll be able to get preowned mint for a lot less than Msrp. I highly doubt it.
OTX is offline   Reply With Quote
Old 17 November 2023, 04:50 AM   #27
OTX
"TRF" Member
 
OTX's Avatar
 
Join Date: Oct 2012
Location: Twilight Zone
Posts: 606
Quote:
Originally Posted by padi56 View Post
Well in general all the TT Rolex watches in proportion of price paid ,dont hold there value like most all of the SS models.At one when the Daytona was first launched you could buy the TT version for less than the SS versions were bringing in the market.The blue dial sub is my favourite in all of the TT Rolex watches great watches,as for prices well who knows its a crazy Rolex world today.
I agree!. No one knows. I like mine and it’s my favorite blue dial Rolex makes!
OTX is offline   Reply With Quote
Old 17 November 2023, 04:50 AM   #28
OTX
"TRF" Member
 
OTX's Avatar
 
Join Date: Oct 2012
Location: Twilight Zone
Posts: 606
Quote:
Originally Posted by KatGirl View Post
Both are nice, of course, but I prefer the OP’s watch, and I guess the Rolex designers did, too. The different shade of blue, on the bezel makes it more interesting. I have a Seiko diver, where they did the same thing. It’s a favorite of mine. OP, I think you will win that bet, and congrats on your beautiful new Bluesy.

Kat


Sent from my iPad using Tapatalk
Thank you Kat 😊
OTX is offline   Reply With Quote
Old 17 November 2023, 04:51 AM   #29
OTX
"TRF" Member
 
OTX's Avatar
 
Join Date: Oct 2012
Location: Twilight Zone
Posts: 606
Appreciate all the input!
OTX is offline   Reply With Quote
Old 17 November 2023, 09:05 AM   #30
JJGreen
"TRF" Member
 
Join Date: Feb 2018
Real Name: JJ
Location: Canada
Watch: Rolex 1675 or 1016
Posts: 399
Your $100 is a goner.

9/10 years that watch is under MSRP. Not that long ago those were discounted at some AD's.

That all being said, if you love it, who cares. Most every watch I buy loses money.
JJGreen is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.