Is discontinued GMT BNLR will lose value due to the new Jubilee BNLR?

[Lex_Ordo]

Since the BLNR is still produced "identical to the original 116710 w/ Oyster Bracelet", the watch itself is only going to change in value to the buyer, depending on how badly they want the Oyster over the Jubilee.
Is the movement so improved from 3186? From what I've read, the only major difference is the number.

I think it is nothing more than ROLEX, making change to keep the reference marketable.

[GMT Aviator]

Originally Posted by Lex_Ordo

Since the BLNR is still produced "identical to the original 116710 w/ Oyster Bracelet", the watch itself is only going to change in value to the buyer, depending on how badly they want the Oyster over the Jubilee.
Is the movement so improved from 3186? From what I've read, the only major difference is the number.

I think it is nothing more than ROLEX, making change to keep the reference marketable.

Other movement improvements also include the 70hr power reserve and a fully ball-raced self winding counterweight and no doubt a few other improvements.
To be honest, I always felt the 3185 movement was better than the 3186 that replaced it. My 3186 GMT LN stopped after 3 years and needed internal gears to be replaced. I've got 3185's 16 years old, never serviced and they still keep great time and have never gone wrong.
The previous ruby bearing on Rolex rotors was notorious for wearing out the rotor shaft as the jewelled bearing is harder than the steel that runs through it, so a ball raced bearing should see an improvement and hopefully less wear, but time will tell.

[nikesupremedunk]

From what I’ve noticed, the prices dropped a little already from Basel. Excellent condition examples are trading around $14-15k vs $17-20k people were asking a month ago. I believe it will go up slightly from here over the years but don’t think it will go up like the Daytona C.

Everyone that are saying the prices will skyrocket has a BLNR in their sig. I have a feeling a lot of them are gona be disappointed.

[jaySL350]

Originally Posted by jaydav2306

The facts are this...

Late 2015 early 2016 you could pickup a BLNR for roughly under retail from the grey market, the situation was the same in that it was very difficult to get from an AD yet in the UK from a source like Watchfinder one could be had for £5.850.00.

The push from sites such as Instagram has created a false demand , same thing started to happen for the Hulk, which could also be had under retail from a grey but sites such as Instagram have pushed false hype to unexpected levels, it’s the same difficultly getting on a list etc and obtaining these models the same as it was in 2016 so it is PURELY the grey market setting these prices.

After Basel I saw a grey dealer bump his BLNR price to £15,000 GBP, 2 weeks later this was back down to £13,500, and still they have the watch in stock at this price, false demand is being created to the point where Nagy are chopping in Ss For PN, this simply cannot and won’t last forever, no Rolex is an “investment piece” grey dealers speak absolute bull and what goes up must come down, this rule has always applied to everything apart from the Daytona, so stay wise people!

Yes,,only in 2016 I paid £50 under list for my blnr from WF,,,
A three month old watch iirc and a full set,,
Same watch today is £15k plus,lol,,,

[Milehighmiracle]

It would certainly surprise me!

[Oyster Al]

Originally Posted by nikesupremedunk

From what I’ve noticed, the prices dropped a little already from Basel. Excellent condition examples are trading around $14-15k vs $17-20k people were asking a month ago. I believe it will go up slightly from here over the years but don’t think it will go up like the Daytona C.

Everyone that are saying the prices will skyrocket has a BLNR in their sig. I have a feeling a lot of them are gona be disappointed.

We’ll see. The original Blnr was only produced for 5 years.

[SeaAndSky]

Originally Posted by HappyFish

The 166710 will always be a great looking watch with an important history - can claim to be the first 2 tone ceramic Rolex! Collectors choice!

The BLNR’s place in history is cemented by the fact it has the most idiotic nickname and, like the Daytona, it is wildly overpriced.

[reeko]

Originally Posted by HappyFish

Bet on stars, not on dogs! The 166710 will always be a great looking watch with an important history - can claim to be the first 2 tone ceramic Rolex! Collectors choice!

Which watch is that? I thought the 116713 was the first two tone ceramic watch.

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[Ravager135]

Originally Posted by reeko

Which watch is that? I thought the 116713 was the first two tone ceramic watch.

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The 116710BLNR is the first bicolor ceramic bezel is what he means to say... The 116713 has two colors in the ceramic bezel (gold numerals and black ceramic), but that is no different than the LN (platinum numerals and black ceramic). The BLNR is the first ceramic bezel to have two colors in the ceramic itself due to Rolex's proprietary method of changing the color of half the bezel.

So yes, the 116710BLNR is sort of an important watch historically. I own one and I don't think it's remotely worth the bloated prices we are seeing right now, but it is a "first."

[danny1305]

Originally Posted by SeaAndSky

The BLNR’s place in history is cemented by the fact it has the most idiotic nickname and, like the Daytona, it is wildly overpriced.

Most idiotic nickname? Not by a long shot...that spot is firmly held by the "bluesy"

[GMT Aviator]

The LN was the first ceramic bezel.

[007timer]

I believe that the BLNR (Oyster) will hold its value. Some have commented that they may discontinue the BLNR Jubilee after just one year to replace it with a coke bezel, why would they discontinue it rather than add it to the lineup? They pulled the all black out, replace it with the Coke bezel.




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[reeko]

Yes, the 116713 was the first wasn't it? It debuted a year before the 116710 ss gmt.

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[reeko]

Originally Posted by GMT Aviator

The LN was the first ceramic bezel.

My reply to your post is above, I forgot to quote you.

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[reeko]

Originally Posted by Ravager135

The 116710BLNR is the first bicolor ceramic bezel is what he means to say... The 116713 has two colors in the ceramic bezel (gold numerals and black ceramic), but that is no different than the LN (platinum numerals and black ceramic). The BLNR is the first ceramic bezel to have two colors in the ceramic itself due to Rolex's proprietary method of changing the color of half the bezel.

So yes, the 116710BLNR is sort of an important watch historically. I own one and I don't think it's remotely worth the bloated prices we are seeing right now, but it is a "first."

Ah okay thanks for clarifying what he meant. I thought he was talking about the first ceramic two tone rolex.

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[Dsmith1974]

Seems to be going up if anything. The grey price was 9 to 10 about a year ago, more like 12 to 13 now (gbp).

[johnjm]

Everything is about context. What is the base of this so called losing value?

I don’t think it will ever dip below MSRP of its equivalent new replacement model ever.

If the context of the question is about somehow condoning purchasing one now for the grey prices, then you are what is wrong with this hobby, because it’s only about its value and nothing else.

A lot of people are going to get burnt. But I guess the smart money is already out, or they are enjoying their hobby, like me.

Except for the fact that even though my watches are insured, I won’t be able to replace them, that is the sad part of this whole debacle.


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[jaychief]

The oyster BLNR is only going one way....

[HappyFish]

...thanks for clarifying what i wanted to express - the two tone ceramic bezel!

https://www.chrono24.com/search/inde...5&watchTypes=U

Sort it by "Newest" and you know more. ....and yes, they re selling for this prices!

[123Blueface]

Originally Posted by danny1305

Most idiotic nickname? Not by a long shot...that spot is firmly held by the "bluesy"

Opinions differ.......I say Hulk.

[Tqmb79]

Lose value? Its been going up almost weekly. Not any time soon unless they flood the ADs with many of the new models.

[samcarlos]

Originally Posted by HappyFish

Please send me a PM as you find an unworn 166710 BLNR for 13k!

https://www.chrono24.com/search/inde...1&watchTypes=U

https://www.rolexforums.com/showthread.php?t=660294
Here you go. didn't take long for BLNR to hit 13k.

[ricardoo]

The only “ Original “ Batman is the oyster BLNR !

That is the answer of your question .

[maxymax]

Historically any discontinued Rolex has potentially retained it's original value and in many cases much more than the original value. No going back/down.

[maxymax]

Originally Posted by ricardoo

The only “ Original “ Batman is the oyster BLNR !

That is the answer of your question .

[The Libertine]

Price may ebb and flow a few hundred dollars, but will generally hold its value.

[maxymax]

Originally Posted by nikesupremedunk

From what I’ve noticed, the prices dropped a little already from Basel. Excellent condition examples are trading around $14-15k vs $17-20k people were asking a month ago. I believe it will go up slightly from here over the years but don’t think it will go up like the Daytona C.

Everyone that are saying the prices will skyrocket has a BLNR in their sig. I have a feeling a lot of them are gona be disappointed.

I have one and I for one, really don't care. Never buy my watches for their value 'retention'

[lawrence1]

Originally Posted by samcarlos

https://www.rolexforums.com/showthread.php?t=660294
Here you go. didn't take long for BLNR to hit 13k.

yeah, except that sale occurred before this thread was started and before Baselworld 2019.

what a waste of a post. good luck though.