Is anyone actually still paying over MSRP for watches from Greys right now?

[Gaijin]

Never have. Never will

If it was a used 5 digit that has been long discontinued then yes I would pay over the original MSRP if I really wanted it.

[IndianRider]

Originally Posted by gaijin

never have. Never will

if it was a used 5 digit that has been long discontinued then yes i would pay over the original msrp if i really wanted it.

+1

[dimag333]

Seems like pricing has increased since April, am I wrong

steve

[RolexFan0049]

Originally Posted by dimag333

wonder where this is gonna go, my answer, depends on what brand

Here the answers your gonna agent

Waiting for 10% off msrp
If I want a watch I’ll buy it regardless of price
Greys should die
I hate ad and ass kissing
I would never pay one cent over msrp
Would you pay half a cent
Blah blah blah blah
I got these hot models for msrp a year ago

steve

I wouldn't buy anyway because I consider a GMT/Sub is not a 10+ k watch, nor a Daytona is a 20+ k watch. The MSRP is already way too generous.

Don't get me wrong, Rolex watches are nice in the same way a 911 is nice, but it's not half a million nice.

BUT, if I were to buy, I wouldn't suck up to some salesman. That's plainly degrading and not luxurious at all. Just the opposite: it's kind of begging. Are you a beggar? I'm not. Thanks.

[mykii]

Originally Posted by dimag333

Seems like pricing has increased since April, am I wrong

steve

Nope it has, and people still do. Probably people in this thread who won't admit to it.

The last Hulk DavidSW had was BNIB and sold for just shy of $19k. People are buying, because your average Joe has no chance of getting most desirable Rolex models from an AD.

Average Joe: Can I have a hulk?
AD:

[JSolution]

Yep I always pay over. If it’s a case of pay more and have it now or wait
Three years, I’ll choose now every time.

I can only see grey prices going up and up and up to be honest and let’s say you were paying 2/3 thousand pounds more on the grey market. Well by the time you actually get round to receiving your watch Rolex will more than likely have done a price increase which means you will pay the same more or less anyway.

These watches are in huge huge demand and that’s not going away anytime soon. Also the fact people are using Rolex as a safe haven for money in the current climate. Don’t expect anything to change soon.

[RolexFan0049]

Originally Posted by JSolution

Yep I always pay over. If it’s a case of pay more and have it now or wait
Three years, I’ll choose now every time.

I can only see grey prices going up and up and up to be honest and let’s say you were paying 2/3 thousand pounds more on the grey market. Well by the time you actually get round to receiving your watch Rolex will more than likely have done a price increase which means you will pay the same more or less anyway.

These watches are in huge huge demand and that’s not going away anytime soon. Also the fact people are using Rolex as a safe haven for money in the current climate. Don’t expect anything to change soon.

The 126710BLNR was around 20k euros when it was launched and now it's hovering around 13-14. Similar thing happened to the SD Red Letters. That's not something you should take for granted. I bought a ceramic LV with 25% discount very very few years ago as a random customer. Don't put your faith in false Gods.

It happens all the time in different hobbies, with different brands. Trends come and go. Not long ago everybody was criticizing Rolex for their small sizes. They even released the YMII for that purpose: nobody wants it these days. Vintage Panerais were king of the hill. The ROO was the hot watch of the moment, 15300st were cheapo watches. Two tone and solid gold watches were gipsy's watches. Then again some years before that an expensive watch should be solid gold, nobody would buy steel.

Experience gives perspective...

[JSolution]

Originally Posted by RolexFan0049

The 126710BLNR was around 20k euros when it was launched and now it's hovering around 13-14. Similar thing happened to the SD Red Letters. That's not something you should take for granted. I bought a ceramic LV with 25% discount very very few years ago as a random customer. Don't put your faith in false Gods.

It happens all the time in different hobbies, with different brands. Trends come and go. Not long ago everybody was criticizing Rolex for their small sizes. They even released the YMII for that purpose. Nobody wants that these days. Vintage Panerais were king of the hill. The ROO was the hot watch of the moment, 15300st were cheapo watches. Experience gives perspective...

Nobody knows for sure it’s just a stock market now when it comes to Rolex.

But what I do know for sure is I’m not going to order something to wear in a few years. I could be dead/not even want it any more.

2-3000 is about my limit though. No one would I pay 20k or so for a Daytona for example it’s too much. Especially when you can go buy pm almost.


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[Sandpit]

Originally Posted by RolexFan0049

The 126710BLNR was around 20k euros when it was launched and now it's hovering around 13-14. Similar thing happened to the SD Red Letters. That's not something you should take for granted. I bought a ceramic LV with 25% discount very very few years ago as a random customer. Don't put your faith in false Gods.

It happens all the time in different hobbies, with different brands. Trends come and go. Not long ago everybody was criticizing Rolex for their small sizes. They even released the YMII for that purpose: nobody wants it these days. Vintage Panerais were king of the hill. The ROO was the hot watch of the moment, 15300st were cheapo watches. Experience gives perspective...

In April they dipped below $12k for unworn. Since then, prices have continued to accelerate.

Nobody knows where this will end but the supply and demand for these pieces are further apart than ever before. Everything seems to be getting hoovered up.

Look at the 5 digit prices now too. Polar explorers are hitting $8-9k - if not more for the 3186 movements.

I was one of those that saw a huge dip in prices for a sustained period. How wrong I was.

[JSolution]

Originally Posted by Sandpit

In April they dipped below $12k for unworn. Since then, prices have continued to accelerate.

Nobody knows where this will end but the supply and demand for these pieces are further apart than ever before. Everything seems to be getting hoovered up.

Look at the 5 digit prices now too. Polar explorers are hitting $8-9k - if not more for the 3186 movements.

I was one of those that saw a huge dip in prices for a sustained period. How wrong I was.

I went to buy a TT sky dweller yesterday. 12 month wait still and that’s with me receiving the next one.


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[peterpl]

Rolex prices at the current time are screwed up bigtime!!!

They are the highest they have ever been EVER!!. Each and EVERY damn model SS/TT/PM all trading at astronomical prices on the gray market. Even traditionally weak TT are on the way up. Precious metal ask prices are Ludacris these days.

Covid has caused everyone to have money staying home and looking to spend their holiday money or the grays are hoarding more than ever before.

Something has got to give sooner or later. Makes zero sense for every single model to be hot on a watch brand that produces 1M Plus watches per year.

It actually feels like a feeding frenzy happening at the moment. Whatever no matter which models sells like hotcakes. Crazy crazy sh|t.

[RolexFan0049]

...repeated

[Deroya]

Guessing anyone who does the reasoning is simple. They do not want to wait and have enough money to not care at all

[Matty99365]

I bought a new BLNR gray for £11,000 in April which I vowed never to do to but I did as I was tired of waiting.

However, I then got 'the call' last week from an AD whose list I had been on for 12 months so sold the April purchase back to the gray market it came from and bought from the AD at £7750.

[mykii]

Originally Posted by JSolution

Nobody knows for sure it’s just a stock market now when it comes to Rolex.

But what I do know for sure is I’m not going to order something to wear in a few years. I could be dead/not even want it any more.

2-3000 is about my limit though. No one would I pay 20k or so for a Daytona for example it’s too much. Especially when you can go buy pm almost.


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That is part of the allure of the SS Daytona's though. It's elite. For the price, you could have anything, including PM. So to have a SS model, it is a swan song of signaling to "those in the know".

It is what drives the exclusivity of the Daytona's IMO.

[mykii]

Originally Posted by RolexFan0049

The 126710BLNR was around 20k euros when it was launched and now it's hovering around 13-14. Similar thing happened to the SD Red Letters. That's not something you should take for granted. I bought a ceramic LV with 25% discount very very few years ago as a random customer. Don't put your faith in false Gods.

It happens all the time in different hobbies, with different brands. Trends come and go. Not long ago everybody was criticizing Rolex for their small sizes. They even released the YMII for that purpose: nobody wants it these days. Vintage Panerais were king of the hill. The ROO was the hot watch of the moment, 15300st were cheapo watches. Two tone and solid gold watches were gipsy's watches. Then again some years before that an expensive watch should be solid gold, nobody would buy steel.

Experience gives perspective...

I think there are more than a few things being conflated in this post.

[dunedc]

Originally Posted by Matty99365

I bought a new BLNR gray for £11,000 in April which I vowed never to do to but I did as I was tired of waiting.

However, I then got 'the call' last week from an AD whose list I had been on for 12 months so sold the April purchase back to the gray market it came from and bought from the AD at £7750.

You were fortunate there to get the call...
So what did the gray seller value the watch at upon return? Was it a good deal after all?

[Matty99365]

Originally Posted by dunedc

You were fortunate there to get the call...
So what did the gray seller value the watch at upon return? Was it a good deal after all?

They gave me back what I paid for it and sold it for £12,500 within 24 hours. So basically, I borrowed it for 4 months for free!

[btrizzy]

Never paid over MSRP on any product and never will. I am not playing this stupid game the AD's and grey market dealers are playing. Cheers to all the other fools and their money...

[JRell]

Never would. I don’t even trust it unless it is from a local AD. Would always wonder if it was real. Also you don’t get that buying a new watch experience. Would also feel ripped off every time I look at it. Would recommend waiting or falling in love with a watch you can get.

[m0butt]

Paid pretty high for my BLRO but it’s coming in tomorrow and I just didn’t want to wait. I have no prior AD relationship so it was probably never going to happen through AD anyways. Now I’m broke for the foreseeable future but at least I’ll have my BLRO.

Also tbh, I don’t see it dropping very much.


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[Shaney]

No qualms, you are paying for the availability in my mind.

Unfortunately I doubt I'll spend x amount with an AD just to be in with a chance (an unlikely one at that) when I could save the money and spend more to secure it.

[m0butt]

Originally Posted by Shaney

No qualms, you are paying for the availability in my mind.

Unfortunately I doubt I'll spend x amount with an AD just to be in with a chance (an unlikely one at that) when I could save the money and spend more to secure it.

See this is how I see it, I’ve just gotten into this game, and ADs scoff when I ask, quite nicely, for an OP39. I asked DavidSW and had it the next day. For the BLRO I figured it’s almost as elusive as a Daytona so there’s no realistic shot at that for me at all. Went grey.


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[aw9nineteen]

Originally Posted by JSolution

Nobody knows for sure it’s just a stock market now when it comes to Rolex.

But what I do know for sure is I’m not going to order something to wear in a few years. I could be dead/not even want it any more.

2-3000 is about my limit though. No one would I pay 20k or so for a Daytona for example it’s too much. Especially when you can go buy pm almost.


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That is what always confuses me. At upper 20s, there are sooo many better options than a SS Daytona. It’s baffling

I considered for two mins would I pay 20k for one, and then I bought an AP.


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[Nikrnic]

Not me, never did never will while it's in production. Good thing im not a Daytona or Blue Sky fan..

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[Xerxes77]

I pay over MRSP if I really feel that watch is THE WATCH.....
But if I want to mark an event in my life then I will try to have it from AD with my name on 📝

[rtalk]

I have done it and it worked out.

. And by the way, if you ever bought a vintage watch, you are paying way above MSRP even if you adjust for inflation.

[minute_man]

Originally Posted by mykii

That is part of the allure of the SS Daytona's though. It's elite. For the price, you could have anything, including PM. So to have a SS model, it is a swan song of signaling to "those in the know".

It is what drives the exclusivity of the Daytona's IMO.

No offence, but this sounds more like the swan song of common sense...
This whole so called premium matter takes man maths to the next level.
More power to those fallen for the hype or not willing to wait. To each their own.

[Sandpit]

Originally Posted by m0butt

See this is how I see it, I’ve just gotten into this game, and ADs scoff when I ask, quite nicely, for an OP39. I asked DavidSW and had it the next day. For the BLRO I figured it’s almost as elusive as a Daytona so there’s no realistic shot at that for me at all. Went grey.


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I got 7 months into a quoted 3 month wait for a DJ41 and decided enough was enough. Especially when my local classifieds market was swamped with them.

I refuse to beg an AD to take my money for a watch.

[m0butt]

Originally Posted by Sandpit

I got 7 months into a quoted 3 month wait for a DJ41 and decided enough was enough. Especially when my local classifieds market was swamped with them.

I refuse to beg an AD to take my money for a watch.

Yeah, and that’s for a DJ41, which is a relatively “easy” watch to get. Everything is actually easy to get if you’re just willing to pay for it. This is why I’ve decided I don’t really care much for MSRP prices, going to just look at grey prices from now on as that’s the price I’m realistically going to be paying.


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