Not as many vintage sales in the forum ?

[Goiguidoc]

Correct me if I'm wrong, but I have the feeling that second hand Rolex prices have gone down. This is true for vintage and recent models.
For example, at the previous Antiqurum auctions this year, a DRSD sold for $15k (not including taxes). These models were selling in 2008 for $30k.
Comex watches have come down a lot.
I bought last month at an auction a 2012 Milgauss GV (full set) for $5,25k!

[RLX-lvr]

Originally Posted by SennaFan

Forget it, I will get banned for speaking my mind because the dealers are in with the owners.

You mean banned for the 3rd or 4th time.
You keep re-incarnating yourself.

[seabreeze]

Originally Posted by Goiguidoc

Correct me if I'm wrong, but I have the feeling that second hand Rolex prices have gone down. This is true for vintage and recent models.
For example, at the previous Antiqurum auctions this year, a DRSD sold for $15k (not including taxes). These models were selling in 2008 for $30k.
Comex watches have come down a lot.
I bought last month at an auction a 2012 Milgauss GV (full set) for $5,25k!

Are auctions a good place to look?
Are these live auctions ? watch specific ? Or online auction sites, not ebay
Can you recomend any to check out
Thanks

[TimeToGo]

..

[TimeToGo]

Originally Posted by RLX-lvr

You mean banned for the 3rd or 4th time.
You keep re-incarnating yourself.

Here we go..

[HL65]

Originally Posted by Goiguidoc

Correct me if I'm wrong, but I have the feeling that second hand Rolex prices have gone down. This is true for vintage and recent models.
For example, at the previous Antiqurum auctions this year, a DRSD sold for $15k (not including taxes). These models were selling in 2008 for $30k.
Comex watches have come down a lot.
I bought last month at an auction a 2012 Milgauss GV (full set) for $5,25k!

Wrong--pristine pieces are fetching plenty and have not budged a bit! I know many pieces that have changed hands at higher levels than ever--most will never be posted! More common pieces different story.

[greekbum]

Originally Posted by SteelerFan65

Wrong--pristine pieces are fetching plenty and have not budged a bit! I know many pieces that have changed hands at higher levels than ever--most will never be posted! More common pieces different story.

X2 like the stock market they are at new highs as far as pricing goes.

[bluemartinifan]

I sold a circa 1967 5513 2-3 weeks ago thanks to this forum
I have been hunting on all forums and with our trusted vintage sellers for an exceptional replacement matte 5513 - with super sharp, period correct chamfers and fat crown guards. Can't find the case I want anywhere

Clay waited 3 years to find his preferred and prized SD - I need to practice patience...

[Clay]

Years ago you could go on to a forum or ebay and with seemingly very little trouble, find what you were looking for...
I think there are a number of factors today that have changed that..
1) I think the hobby has grown and more people are out there searching for nice examples...
2) We have all become much more educated as to what to look for...
3) I think the majority of "collectors" and "enthusiasts" have become much more picky...
I know I have...what I would have been happy with several years ago just won't cut it now for me...Hence my three year search...
In the end, I think it's important not to loose sight of the fact that for most of us, it's just a hobby and should be fun..
If you aren't enjoying the "journey", then what's the point???

[mailman]

Originally Posted by Clay

I have been a member of many many watch forums over the years...
This is by far my favorite and pretty much the only one I even bother posting on these days...
Why...Because it is easily the most even handed, well run, non bias Rolex forum on the internet...Plain and simple...
My hats off to those in charge who ever you may be...
Cheers...

Thanks for bring a good, contributing member Clay I always enjoy your pictures and posts

[motoikkyu]

Sadly, the whole character of the hunt changed back in the 90s, when some db of an investment counselor noticed that vintage watches hold their values and recommended them as a part of a balanced portfolio. Things do change over time and we have economic trends to thank for that: without Japanese world dominance of the financial markets, which happened briefly in the 1980s, MOST bubble-backs don't sell for over 10k anymore. Vintage is all a matter of finding a buyer, so I don't blame sellers for wanting to flip the hottest models. I love 1018s. I can find one in fifteen minutes, for three times as much as any sane person would pay. And yes, the prices for sport Rolex have been slipping a bit these past seven weeks. Wanna know why? Look at the stock-market. As long as there is no place to put your money to work, it's ok to buy "toys" and please yourself, so demand goes up and prices rise. When the market comes back, as it is doing, there are better things to do AT THE MOMENT with 10k than look for another example for your collection. There'll be time to collect when the market suffers a setback, as it always does.

The most important thing I could ever say to a fellow collector or enthusiast would be: there is nothing more wonderful that having something left to want, to hunt for, to dream about.

[Beaumont Miller II]

Originally Posted by Clay

Years ago you could go on to a forum or ebay and with seemingly very little trouble, find what you were looking for...
I think there are a number of factors today that have changed that..
1) I think the hobby has grown and more people are out there searching for nice examples...
2) We have all become much more educated as to what to look for...
3) I think the majority of "collectors" and "enthusiasts" have become much more picky...
I know I have...what I would have been happy with several years ago just won't cut it now for me...Hence my three year search...
In the end, I think it's important not to loose sight of the fact that for most of us, it's just a hobby and should be fun..
If you aren't enjoying the "journey", then what's the point???

X2 Clay. Evolution of the hobby/passion.

[Goiguidoc]

Originally Posted by seabreeze

Are auctions a good place to look?
Are these live auctions ? watch specific ? Or online auction sites, not ebay
Can you recomend any to check out
Thanks

Live auctions, such as sotheby's, Christie's,... Are good places to look IMHO.
EBay is fine ONLY if you deal with trusted sellers.
TRF is very reliable

I agree a few rare models can reach high prices, but in general, based on recent hammer prices, I'm surprised to see much lower levels.

[VinSub1680]

Originally Posted by Clay

Sure...Right here on this forum...

+1
my babe was sold to me by a respected collector here.

[seabreeze]

Originally Posted by bluemartinifan

I sold a circa 1967 5513 2-3 weeks ago thanks to this forum
I have been hunting on all forums and with our trusted vintage sellers for an exceptional replacement matte 5513 - with super sharp, period correct chamfers and fat crown guards. Can't find the case I want anywhere

Clay waited 3 years to find his preferred and prized SD - I need to practice patience...

Would have loved to see that one

[onkyo]

Most of the middle to lower end vintage pieces have taken a bit of hit in the past few years. High end/pristine pieces remain strong. Not sure I agree with buying at auctions..... you are competing against the world market so prices tend to be high.

[Knappo 1307]

Originally Posted by springer

For those of us that have sold many great vintage watches here, and continue to do so, I would have to disagree with this assessment. There have been many fine vintage Rolexes offered for sale here on TRF.

I have no idea what junk you are referring to for sale here.

I'm with Springer... A lot of good stuff on TRF....