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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

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.

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.

scl6118 · 2 August 2010, 11:42 AM

I think it's a classic, no doubt! I just don't agree with JJ that you need to hurry up and get one, as if it will skyrocket in price.

JJ Irani · 2 August 2010, 11:45 AM

Quote:

Originally Posted by scl6118

I think it's a classic, no doubt! I just don't agree with JJ that you need to hurry up and get one, as if it will skyrocket in price.

Well, like you say there are many of them around. The only facts are that production of this model will stop...........and, more importantly, there hasn't been a price hike from Rolex in a very, very long time.............and that, as you know, is inevitable!!

Rolexsd4000 · 2 August 2010, 11:29 PM

Quote:

Originally Posted by JJ Irani

Well, like you say there are many of them around. The only facts are that production of this model will stop...........and, more importantly, there hasn't been a price hike from Rolex in a very, very long time.............and that, as you know, is inevitable!!

looks like i have to stock up on some sub-date inserts.

padi56 · 3 August 2010, 12:25 AM

Quote:

Originally Posted by Rolexsd4000

looks like i have to stock up on some sub-date inserts.

Well Mike at least you could afford to stock up on 16610 inserts but the ceramic well that could be very very costly.

Rolexsd4000 · 3 August 2010, 08:48 PM

Quote:

Originally Posted by padi56

Well Mike at least you could afford to stock up on 16610 inserts but the ceramic well that could be very very costly.

Padi

Hope someone on this forum or internet will give a tutorial on how to replace a cermaic insert on these new watches. Only time will tell probably..

Dr.Brian · 2 August 2010, 12:09 PM

Your AD is so nice, mine just feeds my caffeine addiction with free espresso and tells me to buy more watches. And diamonds. And sapphires. And tanzanite.

mikelprz · 2 August 2010, 05:41 PM

I say, hang onto the 16610!

Ceramic

Hey, JJ.. which AD did you go too?
I hope you didn't get the last 16613

Lol-x · 2 August 2010, 06:39 PM

Get rid of it, it aint even got a maxi dial

Puffy · 2 August 2010, 08:13 PM

I picked mine up for that very reason, almost a year ago...

Casey VP-26 · 2 August 2010, 09:45 PM

OK JJ: Thank you for the advise , Now please give us all the next blockbuster: Thanks in advance.

ROLEXUS · 2 August 2010, 10:03 PM

16610 or moreso 16610LV are the way to go. If you insist on buying BNIB from an AD you won't have long to go until these are all gone. Fiddled with a 116610 today and whilst I accept it has many improvements over the 'older model' it is definitely starting to lose the classic submariner look and feel. Most of this comes down to the maxi case which is out of place on this classic watch IMO.. If you like the maxi case and ceramic bezel the GMT2c is the way to go, leave the sub the way it was. just my 2 cents...

p.s retail in oz is ~$9500!!!

rollypolly · 3 August 2010, 05:32 AM

sounds like a good plan

how long before you can let it go?

corvette00 · 3 August 2010, 10:11 PM

I have been looking for a new or pre-owned 16610, people are asking crazy money for these. I was hoping to find a pre-owned with box and papers for $3,000 and it just is not happening. I do not think this watch will be collectible in my lifetime, however I really like it and may give in and buy new from an AD. Does anyone know of a good AD that will ship?

JJ Irani · 4 August 2010, 03:38 AM

Quote:

Originally Posted by L_K

Totally agree with u JJ!
What happened to your older 16610, did you pass it on to another family member or did you sell it?

Passed onto family member!!

JJ

hng · 7 August 2010, 04:09 AM

Nothing compares to 16610. They are too many, so what? That's what made 16610 shout the most Rolex model. If one day this model becomes collectible it's a bonus. For now and for many years to come it's a great watch to wear for any occassion. Period!

davegct · 7 August 2010, 09:19 AM

For me I guess it depends on how many you can afford. If you are looking to keep pace with the new arrivals, trading now may not be a bad idea. I too think it'll be some years before the 16610s start to appreciate.

2 August 2010, 10:53 AM	#6
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, 11:42 AM	#7
scl6118 "TRF" Member Join Date: Oct 2009 Real Name: Shawn Location: United States Watch: SS GMT IIC Posts: 1,624	I think it's a classic, no doubt! I just don't agree with JJ that you need to hurry up and get one, as if it will skyrocket in price. __________________ Current: SS GMT IIC Former: Panerai 114 Former: Breitling Hercules :

2 August 2010, 12:09 PM	#12
Dr.Brian 2024 SubLV41 Pledge Member Join Date: Sep 2009 Real Name: Brian Location: CA dreamin' Watch: ing the market. Posts: 5,906	Your AD is so nice, mine just feeds my caffeine addiction with free espresso and tells me to buy more watches. And diamonds. And sapphires. And tanzanite. __________________ -Brian AUDENTES FORTUNA IUVAT 十人十色

2 August 2010, 06:39 PM	#14
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,588	Get rid of it, it aint even got a maxi dial __________________ *Most folks are about as happy as they make up their minds to be.* ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim

2 August 2010, 08:13 PM	#15
Puffy "TRF" Member Join Date: Oct 2009 Location: Here and there Posts: 12,485	I picked mine up for that very reason, almost a year ago... __________________ Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten

2 August 2010, 08:20 AM	#3
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

2 August 2010, 05:41 PM	#13
mikelprz Banned Join Date: Dec 2009 Location: USA Watch: Rolex Batman Posts: 452	I say, hang onto the 16610! Ceramic Hey, JJ.. which AD did you go too? I hope you didn't get the last 16613

2 August 2010, 09:45 PM	#16
Casey VP-26 "TRF" Member Join Date: Jun 2009 Location: America Posts: 2,721	OK JJ: Thank you for the advise , Now please give us all the next blockbuster: Thanks in advance.

2 August 2010, 10:03 PM	#17
ROLEXUS "TRF" Member Join Date: Jun 2008 Location: Sydney, Australia Posts: 200	16610 or moreso 16610LV are the way to go. If you insist on buying BNIB from an AD you won't have long to go until these are all gone. Fiddled with a 116610 today and whilst I accept it has many improvements over the 'older model' it is definitely starting to lose the classic submariner look and feel. Most of this comes down to the maxi case which is out of place on this classic watch IMO.. If you like the maxi case and ceramic bezel the GMT2c is the way to go, leave the sub the way it was. just my 2 cents... p.s retail in oz is ~$9500!!!

3 August 2010, 05:32 AM	#18
rollypolly Member Join Date: Apr 2010 Location: NYC Posts: 44	sounds like a good plan how long before you can let it go?

3 August 2010, 10:11 PM	#19
corvette00 "TRF" Member Join Date: Jul 2010 Location: Michigan Watch: Sub16610,DateJust Posts: 44	I have been looking for a new or pre-owned 16610, people are asking crazy money for these. I was hoping to find a pre-owned with box and papers for $3,000 and it just is not happening. I do not think this watch will be collectible in my lifetime, however I really like it and may give in and buy new from an AD. Does anyone know of a good AD that will ship?

7 August 2010, 04:09 AM	#21
hng "TRF" Member Join Date: Aug 2009 Real Name: HaNgat Location: Jakarta Watch: Sports Rolex Posts: 648	Nothing compares to 16610. They are too many, so what? That's what made 16610 shout the most Rolex model. If one day this model becomes collectible it's a bonus. For now and for many years to come it's a great watch to wear for any occassion. Period! __________________ Cartier Tank / Suunto Stinger / 16014 / 16610LV / PAM 233 / 116520 / 14060M / 16710 / Omega Constellation

7 August 2010, 09:19 AM	#22
davegct 2024 SubLV41 Pledge Member Join Date: Jul 2010 Real Name: Dave Location: Pennsylvania Watch: GMT-Sub-Dj-DD Posts: 338	For me I guess it depends on how many you can afford. If you are looking to keep pace with the new arrivals, trading now may not be a bad idea. I too think it'll be some years before the 16610s start to appreciate.

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