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Mikeli1994 · 1 January 2018, 11:08 AM

Hi Everyone,

I've set aside the funds to purchase my first pre-owned Rolex, and I'm set on either the Sub-C (116610LN) or ceramic GMT Master II (116710LN).

From some forum digging, I've noticed that in the recent months, resale prices on these sports models are going for quite a bit more than they were just half a year ago (CONUS). I was wondering if pre-owned market prices have risen linearly over time and I should just buy now, or if this is a cyclical trend of sorts (i.e. Rolex supplies fewer watches to ADs in Q4) and I should wait a few months?

In a similar vein, should I expect any value changes to these models following Baselworld 2018?

Thanks, and hope everyone has a happy New Year!

joe100 · 1 January 2018, 12:24 PM

Stainless models are up, way up, and will continue most likely.

Old Geezer · 1 January 2018, 12:32 PM

Prices are definitely up. If I were you, I would wait to see if prices subside after inventory begins to get replenished at ADs which should also reflect in secondary market.

LazySumday · 1 January 2018, 12:36 PM

Why are prices increasing? I am also in the market for a GMT II and I see that some that were selling for $5900 in July are now $6900 to $7900. What is causing the spike?

mrmarty · 1 January 2018, 12:42 PM

Quote:

Originally Posted by hafidortega

Why are prices increasing? I am also in the market for a GMT II and I see that some that were selling for $5900 in July are now $6900 to $7900. What is causing the spike?

Lack of supply in the first hand market increased the demand and pricing in the second hand market. Many people are patient, but some who are in the "I want it now" phase will pay a premium, and the second hand market knows it. The second hand market pricing reflects it and they have increased in the last few months.

LazySumday · 1 January 2018, 01:02 PM

No wonder when I was at my AD today I saw a case and a half of barren shelves. I did not ask, but it makes sense now. What are sub C, no dates going for now at AD's? Still $7500?

YoyoGift8 · 1 January 2018, 01:38 PM

The usual Popular SS models are up, Gmt, Sub, Daytona - supply & demand story

topgear1985 · 1 January 2018, 02:02 PM

Quote:

Originally Posted by hafidortega

No wonder when I was at my AD today I saw a case and a half of barren shelves. I did not ask, but it makes sense now. What are sub C, no dates going for now at AD's? Still $7500?

Yup...got mine in September. Don't expect a cash discount lol.

oldman2005 · 1 January 2018, 02:06 PM

Today I dropped by a Rolex AD in San Francisco, they didn't even have have a single SS sport watch in their inventory.

It's amazing to see people struggling to just get basic Sub. But on the other hand, there're plenty of Tudor SS sport watches - Rolex 2nd line.

Nairn1980 · 1 January 2018, 06:32 PM

Don’t wait for them to get cheaper - BUY!

Montybaber · 1 January 2018, 07:22 PM

The 'wait until supply increases/market is flooded/values plummet' comments are interesting, the UK market is still waiting for this and it has been waiting a while

MonBK · 1 January 2018, 07:24 PM

Everything goes up......except boats.

S52 · 1 January 2018, 07:28 PM

I've been out of the loop on pricing for a couple of years.

I was astounded to see what 16710 Pepsi's are going for on the sales board nowadays.

Almost double what I paid for mine 7 years ago. Kind of makes me second guess my using it as a daily wearer/ beater now...

gbpritf · 1 January 2018, 09:37 PM

Lack of "new" inventory has most definitely resulted in the pre-owned market being able to ask for more.

ZeKe · 1 January 2018, 10:23 PM

I suspect the always rumored “price increase” might actually be coming in 2018....we’ll see.

travisb · 1 January 2018, 10:28 PM

Might as well buy now if you're in the market. No guarantees that prices will settle. Wait another 6 months and you might be kicking yourself for waiting.

ArthurB · 1 January 2018, 10:32 PM

Way up

karmatp · 1 January 2018, 10:46 PM

Now is the time to buy other brands until things cool out with Rolex. When they are done trying to put the Mom and Pop AD's out of business by not giving them inventory, prices will cool down.

Jay (Eire) · 2 January 2018, 12:37 AM

I would hold off a few months to see what happens when inventory picks up again, which it should in the next few months. These are silly times.

Kyle13 · 2 January 2018, 02:55 AM

I should sell my 16610 and make a decent profit on it while the market is high like this!

Sent from my iPhone using Tapatalk

1 January 2018, 11:08 AM	#1
Mikeli1994 "TRF" Member Join Date: Dec 2017 Location: New York, NY Posts: 1	Have Pre-Owned Rolex Prices Gone Up? Hi Everyone, I've set aside the funds to purchase my first pre-owned Rolex, and I'm set on either the Sub-C (116610LN) or ceramic GMT Master II (116710LN). From some forum digging, I've noticed that in the recent months, resale prices on these sports models are going for quite a bit more than they were just half a year ago (CONUS). I was wondering if pre-owned market prices have risen linearly over time and I should just buy now, or if this is a cyclical trend of sorts (i.e. Rolex supplies fewer watches to ADs in Q4) and I should wait a few months? In a similar vein, should I expect any value changes to these models following Baselworld 2018? Thanks, and hope everyone has a happy New Year!

1 January 2018, 12:24 PM	#2
joe100 2024 SubLV41 Pledge Member Join Date: Nov 2007 Real Name: Joe Location: New Mexico Watch: Explorer Posts: 12,838	Stainless models are up, way up, and will continue most likely. __________________ It's Espresso, not Expresso. Coffee is not a train in Italy. -TRF Member 6982-

1 January 2018, 07:24 PM	#12
MonBK Banned Join Date: Nov 2010 Location: Kingstown Posts: 58,279	Have Pre-Owned Rolex Prices Gone Up? Everything goes up......except boats.

1 January 2018, 07:28 PM	#13
S52 "TRF" Member Join Date: Oct 2010 Location: FL230 Watch: me fly-by Posts: 789	I've been out of the loop on pricing for a couple of years. I was astounded to see what 16710 Pepsi's are going for on the sales board nowadays. Almost double what I paid for mine 7 years ago. Kind of makes me second guess my using it as a daily wearer/ beater now... __________________ GMT Master II 16710B BLRO--Sea Dweller 16600--Submariner 1680--Milgauss 116400--Tudor BB58 79030B--Omega Speedmaster Pro--IWC Mark XV Automatic--Breitling Aerospace

1 January 2018, 09:37 PM	#14
gbpritf "TRF" Member Join Date: May 2014 Location: Sunny AZ! Watch: es are special Posts: 173	Lack of "new" inventory has most definitely resulted in the pre-owned market being able to ask for more. __________________ “Only those who dare to fail greatly can ever achieve greatly.” -Robert F. Kennedy

1 January 2018, 12:32 PM	#3
Old Geezer "TRF" Member Join Date: May 2015 Location: South Carolina Posts: 5,274	Prices are definitely up. If I were you, I would wait to see if prices subside after inventory begins to get replenished at ADs which should also reflect in secondary market.

1 January 2018, 12:36 PM	#4
LazySumday "TRF" Member Join Date: Jul 2017 Posts: 285	Why are prices increasing? I am also in the market for a GMT II and I see that some that were selling for $5900 in July are now $6900 to $7900. What is causing the spike?

1 January 2018, 01:02 PM	#6
LazySumday "TRF" Member Join Date: Jul 2017 Posts: 285	No wonder when I was at my AD today I saw a case and a half of barren shelves. I did not ask, but it makes sense now. What are sub C, no dates going for now at AD's? Still $7500?

1 January 2018, 01:38 PM	#7
YoyoGift8 2024 SubLV41 Pledge Member Join Date: Jan 2012 Location: MNL/Henderson NV Watch: Rolex Posts: 974	The usual Popular SS models are up, Gmt, Sub, Daytona - supply & demand story

1 January 2018, 02:06 PM	#9
oldman2005 "TRF" Member Join Date: Dec 2006 Location: norcal Posts: 3,031	Today I dropped by a Rolex AD in San Francisco, they didn't even have have a single SS sport watch in their inventory. It's amazing to see people struggling to just get basic Sub. But on the other hand, there're plenty of Tudor SS sport watches - Rolex 2nd line.

1 January 2018, 06:32 PM	#10
Nairn1980 "TRF" Member Join Date: Jan 2010 Location: UK Watch: GMT Posts: 8,385	Don’t wait for them to get cheaper - BUY!

1 January 2018, 07:22 PM	#11
Montybaber "TRF" Member Join Date: Mar 2017 Real Name: Craig Location: Uk Watch: 116610LV Posts: 113	The 'wait until supply increases/market is flooded/values plummet' comments are interesting, the UK market is still waiting for this and it has been waiting a while

1 January 2018, 10:23 PM	#15
ZeKe "TRF" Member Join Date: Aug 2014 Location: Texas Watch: Grandpa's Tissot Posts: 733	I suspect the always rumored “price increase” might actually be coming in 2018....we’ll see.

1 January 2018, 10:28 PM	#16
travisb 2024 SubLV41 Pledge Member Join Date: Aug 2009 Real Name: Travis Location: FL / NYC Watch: Yes.. Posts: 33,449	Might as well buy now if you're in the market. No guarantees that prices will settle. Wait another 6 months and you might be kicking yourself for waiting.

1 January 2018, 10:32 PM	#17
ArthurB Banned Join Date: Dec 2017 Location: Nowhere Watch: the Skies Posts: 78	Way up

1 January 2018, 10:46 PM	#18
karmatp "TRF" Member Join Date: Sep 2007 Real Name: Trevor Location: Arizona Posts: 5,740	Now is the time to buy other brands until things cool out with Rolex. When they are done trying to put the Mom and Pop AD's out of business by not giving them inventory, prices will cool down. __________________ My grails:

2 January 2018, 12:37 AM	#19
Jay (Eire) 2024 Pledge Member Join Date: Jul 2010 Real Name: @jb.watching Location: NYC Posts: 1,490	I would hold off a few months to see what happens when inventory picks up again, which it should in the next few months. These are silly times.

2 January 2018, 02:55 AM	#20
Kyle13 "TRF" Member Join Date: Jun 2015 Location: Los Angeles Posts: 484	I should sell my 16610 and make a decent profit on it while the market is high like this! Sent from my iPhone using Tapatalk

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