ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

JJ Irani · 2 August 2010, 03:49 AM

Hi guys,

On Saturday afternoon, Zemina and I ambled over to my local AD just to have a look at the new Sub-C.

The owner himself was there and the first thing he noticed was my 16610 which, in fact, I had purchased from him in April of this year.

His very first words after the formal greetings: "Hang onto that Sub, JJ...........production of the same has been virtually stopped by Rolex and it won't be available any more. In fact, I'm thinking of getting one for myself!!"

Well, I guess, my earlier advice on grabbing one for yourselves wasn't too far off the mark.

To those who have one................my advice is to hang onto it. For those who don't............try and grab one while they are still available.

Cheers - JJ

TSW · 2 August 2010, 03:51 AM

I will never sell my Subs

rfknauss · 2 August 2010, 03:55 AM

Quote:

Originally Posted by Schroder

I will never sell my Subs

Ditto!

masterkiller · 2 August 2010, 03:56 AM

Quote:

Originally Posted by JJ Irani

Hi guys,

On Saturday afternoon, Zemina and I ambled over to my local AD just to have a look at the new Sub-C.

The owner himself was there and the first thing he noticed was my 16610 which, in fact, I had purchased from him in April of this year.

His very first words after the formal greetings: "Hang onto that Sub, JJ...........production of the same has been virtually stopped by Rolex and it won't be available any more. In fact, I'm thinking of getting one for myself!!"

Well, I guess, my earlier advice on grabbing one for yourselves wasn't too far off the mark.

To those who have one................my advice is to hang onto it. For those who don't............try and grab one while they are still available.

Cheers - JJ

Hi JJ,

Great that you are happy with your classic 16610, but I disagree that it is the correct move to purchase one now, I recommend to buy the 116610LN now, because you will NEVER be able to purchase it cheaper then now with Rolex 2-5% raises every year...

In 20 years time I still think that a purchased 116610LN will prove to be the correct move to have bought, there is simply way to many 16610 around and even now you can buy a used 16610 for as little as 3000-3500 USD

IMHO!

cheers!

/masterkiller

B. Doggy · 2 August 2010, 03:58 AM

Agreed! Mine was purchased on my honeymoon, so there's yet another reason I'll never let her go!....

JJ Irani · 2 August 2010, 03:59 AM

Quote:

Originally Posted by masterkiller

......because you will NEVER be able to purchase it cheaper then now with Rolex 2-5% raises every year...

/masterkiller

Well, this is NOT the right time to buy one, 'cause ADs are asking FULL price and availability is very limited.

If you really want a new Sub-C, wait for another year when there are more pieces available in the market and then discounts would also be available.

Remember how the DSSD and Milguass came in with a bang and are now selling at a whimper?

chronus · 2 August 2010, 04:19 AM

There are so many 16610s out there that I don't really agree that you need to get one now. I think a more collectible newer watch is the GMT IIc TT with the green face since there seem to be not that many around.

isiah · 2 August 2010, 04:25 AM

Can you tell us how did you like new Sub C in person?

DCgator · 2 August 2010, 04:26 AM

Agree that there are many 16610 out there and some are priced quite cheaply. If you all remember the 50th anniversary model was manufactured for several years past the actual anniversary year and thus lost, IMHO, its unique status an an "anniversary" model.

esm · 2 August 2010, 05:37 AM

im def. hanging on to my Sub LV...

i'm even thinking of getting a spare LV bezel insert for Eric jr. (maybe even a black insert as well)

NMS75 · 2 August 2010, 05:44 AM

Well put it this way - I won't be selling my 16610 to upgrade to the new Sub!

M

swatty · 2 August 2010, 06:27 AM

I purchased one a couple of months ago and haven't removed the stickers yet

ParisDakarBmw · 2 August 2010, 07:01 AM

The 16610 will take a little time to become less common, but in 20 years it will be fairly collectable.

The same could be said for the pepsi models.

It might not be bad to pick one up for later savings. There were so many produced that they are still fairly easy to find.

rolexnovice · 2 August 2010, 07:06 AM

I'm glad I got mine when I could! I can wait 20 or even 30 years! :-)

DVR · 2 August 2010, 07:14 AM

just sold my 16610LV, I would never wear it again now that I have the new LV. But am keeping my 16610 tritium dial !

NMS75 · 2 August 2010, 07:16 AM

A lot of 5513's were made - just look at the price of one of them in good condition!

M

DCgator · 2 August 2010, 07:19 AM

I bought two black OEM bezels for my 50th Ann. version and put one of them on; she looked like a different and new watch. The other bezel is for when I give the watch to one of my sons as spare.

Rolex Junky · 2 August 2010, 07:21 AM

I wonder what effect the decline of the baby boom generation will have on collectable items. It might be that 20 to 30 years from now there wont be a demand for high end watches except for the truly rare ones because most youngsters I know nowadays use moblie phone to tell time. Most kids seem to think vintage is a fancy word for old & used!

sakuraba · 2 August 2010, 07:22 AM

Quote:

Originally Posted by JJ Irani

His very first words after the formal greetings: "Hang onto that Sub, JJ...........production of the same has been virtually stopped by Rolex and it won't be available any more. In fact, I'm thinking of getting one for myself!!"

Yeah, but what does your butcher think?

sleddog · 2 August 2010, 08:11 AM

Quote:

Originally Posted by sakuraba

Yeah, but what does your butcher think?

He's probably thinking,"Is he buying meat this time or just in to weigh another watch??

"

Hooper · 2 August 2010, 08:20 AM

I agree, hang on to your Sub(s) and get the new one

ingoodtime · 2 August 2010, 08:24 AM

Quote:

Originally Posted by chronus

There are so many 16610s out there that I don't really agree that you need to get one now. I think a more collectible newer watch is the GMT IIc TT with the green face since there seem to be not that many around.

I believe the green dial GMTIIC
was available from the factory in 18
kt yg only. Wouldn't a green dial TT be a frankenmonster?

JJ Irani · 2 August 2010, 09:25 AM

Quote:

Originally Posted by ingoodtime

I believe the green dial GMTIIC
was available from the factory in 18
kt yg only. Wouldn't a green dial TT be a frankenmonster?

Yes, it would be...........and you're right. The GREEN dial GMT-IIC is fitted only on the full gold model.

JJ

JJ Irani · 2 August 2010, 09:27 AM

Quote:

Originally Posted by isiah

Can you tell us how did you like new Sub C in person?

Thank you for asking, Isiah..........and welcome to TRF.

Well, it certainly was very impressive with the superb new bracelet, solid block case and maxi dial.

However, when I placed it side-by-side next to my current Sub, I just couldn't justify the enormous price difference (since no discounts are available at present)!!

But, yes, the watch is very, very impressive!!

egzbuen · 2 August 2010, 09:44 AM

Quote:

Originally Posted by Schroder

I will never sell my Subs

Same here

scl6118 · 2 August 2010, 09:45 AM

Quote:

Originally Posted by JJ Irani

Hi guys,

On Saturday afternoon, Zemina and I ambled over to my local AD just to have a look at the new Sub-C.

The owner himself was there and the first thing he noticed was my 16610 which, in fact, I had purchased from him in April of this year.

His very first words after the formal greetings: "Hang onto that Sub, JJ...........production of the same has been virtually stopped by Rolex and it won't be available any more. In fact, I'm thinking of getting one for myself!!"

Well, I guess, my earlier advice on grabbing one for yourselves wasn't too far off the mark.

To those who have one................my advice is to hang onto it. For those who don't............try and grab one while they are still available.

Cheers - JJ

Why, weren't like a b-gillion of those made? It's not like it will really be a rarity, or am I off the mark on this one?

paverman · 2 August 2010, 10:40 AM

Quote:

Originally Posted by scl6118

Why, weren't like a b-gillion of those made? It's not like it will really be a rarity, or am I off the mark on this one?

2.3 b-gillion to be more precise.

mborkow · 2 August 2010, 10:50 AM

Quote:

Originally Posted by ParisDakarBmw

The 16610 will take a little time to become less common, but in 20 years it will be fairly collectable.

No, it will not. Rolex has made far too many 16610s for them to ever (in your lifetime) cross the threshold into "rarity" which would be required for them to be be collectible.

Art 1 · 2 August 2010, 10:52 AM

Quote:

Originally Posted by mborkow

No, it will not. Rolex has made far too many 16610s for them to ever (in your lifetime) cross the threshold into "rarity" which would be required for them to be be collectible.

I agree.

fusionstorm · 2 August 2010, 10:53 AM

Prices go up when demand exceeds supply. There were a TON of 16610s made, and I'm not altogether sure that future demand will become great enough to cause any worthwhile increase in pricing.

If the goal is to maximize your return on investment, for the same amount of money that a mint 16610 would run now, you'd be better off scoring a decent condition 1680 or 5513 IMO. Heck, you could get a matte dial 16800 with all bells and whistles for the same price, and there were far fewer transitional subs made.

2 August 2010, 03:49 AM	#1
JJ Irani Fondly Remembered Join Date: May 2005 Real Name: JJ Location: Auckland, NZ Watch: ALL SOLD!! Posts: 74,319	My AD advised: "Hang onto that Sub, JJ!!" Hi guys, On Saturday afternoon, Zemina and I ambled over to my local AD just to have a look at the new Sub-C. The owner himself was there and the first thing he noticed was my 16610 which, in fact, I had purchased from him in April of this year. His very first words after the formal greetings: "Hang onto that Sub, JJ...........production of the same has been virtually stopped by Rolex and it won't be available any more. In fact, I'm thinking of getting one for myself!!" Well, I guess, my earlier advice on grabbing one for yourselves wasn't too far off the mark. To those who have one................my advice is to hang onto it. For those who don't............try and grab one while they are still available. Cheers - JJ __________________ Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!

2 August 2010, 03:51 AM	#2
TSW "TRF" Member Join Date: Feb 2009 Real Name: TSW Location: Le Brassus Watch: Rolex & AP's Posts: 27,449	I will never sell my Subs __________________ AP Owners Club IG @swiss.watch.connection

2 August 2010, 03:58 AM	#5
B. Doggy "TRF" Member Join Date: Aug 2008 Real Name: Bryan Location: Oregon Posts: 7,399	Agreed! Mine was purchased on my honeymoon, so there's yet another reason I'll never let her go!.... __________________ Rolex / Panerai / Omega

2 August 2010, 07:14 AM	#15
DVR "TRF" Member Join Date: Jul 2005 Real Name: Denis Location: Flanders, EU Watch: Diver watches Posts: 2,009	just sold my 16610LV, I would never wear it again now that I have the new LV. But am keeping my 16610 tritium dial ! __________________ AP - BP - UN - GO - GS - JLC - RLX

2 August 2010, 10:53 AM	#30
fusionstorm "TRF" Member Join Date: May 2009 Location: Piedmont, CA Watch: various vintage Posts: 2,272	Prices go up when demand exceeds supply. There were a TON of 16610s made, and I'm not altogether sure that future demand will become great enough to cause any worthwhile increase in pricing. If the goal is to maximize your return on investment, for the same amount of money that a mint 16610 would run now, you'd be better off scoring a decent condition 1680 or 5513 IMO. Heck, you could get a matte dial 16800 with all bells and whistles for the same price, and there were far fewer transitional subs made. __________________ 1680 MK II 2.2M (my daily); 1655 MK IV 8.1M (my 1st vintage); 16660 x 4 - 8.0M spider & matte 7.4M, 8.0M, 8.0M; 16610LV F MK I/MK I; 116528 Z; 14060 M COSC; Tudor 75090 Gone.....never forgotten: 14000 F, 14060 V COSC, PAM 048, 16623 F, 1680 MK V 3.1M, 16800 matte 8.3M & 1655 MK IV 7.4M

2 August 2010, 04:19 AM	#7
chronus "TRF" Member Join Date: Dec 2009 Location: USA Posts: 79	There are so many 16610s out there that I don't really agree that you need to get one now. I think a more collectible newer watch is the GMT IIc TT with the green face since there seem to be not that many around.

2 August 2010, 04:25 AM	#8
isiah "TRF" Member Join Date: Feb 2010 Location: U.S.A. Posts: 35	Can you tell us how did you like new Sub C in person?

2 August 2010, 04:26 AM	#9
DCgator "TRF" Member Join Date: Jul 2010 Location: PNW Watch: DS,BLNR,SubLV,DJ2 Posts: 8,123	Agree that there are many 16610 out there and some are priced quite cheaply. If you all remember the 50th anniversary model was manufactured for several years past the actual anniversary year and thus lost, IMHO, its unique status an an "anniversary" model.

2 August 2010, 05:37 AM	#10
esm "TRF" Member Join Date: Jul 2008 Real Name: Eric Location: Location,Location Watch: this, bro... Posts: 15,340	im def. hanging on to my Sub LV... i'm even thinking of getting a spare LV bezel insert for Eric jr. (maybe even a black insert as well)

2 August 2010, 05:44 AM	#11
NMS75 Member Join Date: Jul 2010 Real Name: Mark Location: United Kingdom Watch: 16610 & 116710LN Posts: 559	Well put it this way - I won't be selling my 16610 to upgrade to the new Sub! M

2 August 2010, 06:27 AM	#12
swatty 2024 SubLV41 Pledge Member Join Date: Dec 2007 Real Name: Peter Location: Sydney Watch: The Game Posts: 17,415	I purchased one a couple of months ago and haven't removed the stickers yet

2 August 2010, 07:01 AM	#13
ParisDakarBmw Banned Join Date: Dec 2009 Real Name: Paul Location: New Haven, CT Watch: 116610 Sub-C Posts: 6,552	The 16610 will take a little time to become less common, but in 20 years it will be fairly collectable. The same could be said for the pepsi models. It might not be bad to pick one up for later savings. There were so many produced that they are still fairly easy to find.

2 August 2010, 07:06 AM	#14
rolexnovice Member Join Date: Jul 2009 Location: USA Watch: 16610 Posts: 366	I'm glad I got mine when I could! I can wait 20 or even 30 years! :-)

2 August 2010, 07:16 AM	#16
NMS75 Member Join Date: Jul 2010 Real Name: Mark Location: United Kingdom Watch: 16610 & 116710LN Posts: 559	A lot of 5513's were made - just look at the price of one of them in good condition! M

2 August 2010, 07:19 AM	#17
DCgator "TRF" Member Join Date: Jul 2010 Location: PNW Watch: DS,BLNR,SubLV,DJ2 Posts: 8,123	I bought two black OEM bezels for my 50th Ann. version and put one of them on; she looked like a different and new watch. The other bezel is for when I give the watch to one of my sons as spare.

2 August 2010, 07:21 AM	#18
Rolex Junky Banned Join Date: Apr 2010 Real Name: Lorenzo Location: Netherlands Watch: 116710LN & 116201 Posts: 849	I wonder what effect the decline of the baby boom generation will have on collectable items. It might be that 20 to 30 years from now there wont be a demand for high end watches except for the truly rare ones because most youngsters I know nowadays use moblie phone to tell time. Most kids seem to think vintage is a fancy word for old & used!

2 August 2010, 08:20 AM	#21
Hooper "TRF" Member Join Date: Mar 2010 Real Name: Tony Location: Ontario, Canada Watch: 16610 Posts: 3,290	I agree, hang on to your Sub(s) and get the new one

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