ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
5 January 2014, 01:11 PM | #1 |
2024 Pledge Member
Join Date: Apr 2010
Location: Maryland
Posts: 314
|
When will GMT BLNR Price Normalize?
Seems that a good price on a LNIB GMT BLNR (if you can even find one) is $1200+ more than a similar GMT-C while their list prices are what, $500 (??) apart. Any speculation on when the LNIB BLNR price premium will track more closely with the respective list prices of the two watches?
|
5 January 2014, 01:14 PM | #2 |
"TRF" Member
Join Date: Jun 2013
Location: Canada
Posts: 321
|
My speculation is that it will happen when purchasers are no longer willing to pay the $1200+ premium.
|
5 January 2014, 01:17 PM | #3 |
2024 Pledge Member
Join Date: Apr 2010
Location: Maryland
Posts: 314
|
Well then that would be now because I'm not.
I try to only " buy high and sell low" on my stock portfolio. |
5 January 2014, 01:43 PM | #4 |
Member
Join Date: Nov 2013
Location: CO
Watch: BLNR Hotness
Posts: 153
|
So what would you like to pay for a LNIB BLNR?
|
5 January 2014, 01:45 PM | #5 |
"TRF" Member
Join Date: Apr 2012
Real Name: James
Location: Michigan
Watch: 116613LB
Posts: 861
|
The list is a 1000.00 different
I think |
5 January 2014, 01:47 PM | #6 |
"TRF" Member
Join Date: Sep 2009
Location: TX
Posts: 1,897
|
The LN has been out since 2007. That's a lot of production out there in comparison to the BLNR. Unless a new bezel model is released at Basel, it may take years for the BLNR demand to be met such that BNIB prices converge closer to the retail difference.
|
5 January 2014, 01:49 PM | #7 |
"TRF" Member
Join Date: Feb 2011
Real Name: Craig
Location: Seattle-ish, USA
Watch: GMTIIc, AK, LVc
Posts: 7,022
|
The LVc went through a period when it was the 'it' watch, too.
|
5 January 2014, 01:52 PM | #8 |
"TRF" Member
Join Date: Jun 2012
Real Name: Steve
Location: Grand Junction CO
Watch: A few, not enough.
Posts: 1,725
|
This is a typical phenomena on new watches that are in demand. I would probably buy the BLNR right now if it was tracking within $500-800 of the LN in the secondary market. Eventually ADs will have some unsold in the store and they will be abundant in the secondary market. Only then will prices come down closer to that of the LN model. How long that takes is anyone's guess, but it will happen.
|
7 January 2014, 08:56 PM | #9 |
"TRF" Member
Join Date: Jul 2012
Location: USA
Watch: SubC LV
Posts: 1,821
|
|
7 January 2014, 08:57 PM | #10 |
"TRF" Member
Join Date: Jul 2012
Location: USA
Watch: SubC LV
Posts: 1,821
|
|
7 January 2014, 10:03 PM | #11 |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,063
|
Anyone paying a premium price for any Rolex new watch must be sixpence short of a shilling IMHO period.
__________________
ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
7 January 2014, 10:07 PM | #12 |
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
|
When supply catches up with demand
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
8 January 2014, 02:14 AM | #13 |
"TRF" Member
Join Date: Nov 2013
Location: Chicago
Watch: GMT BLNR
Posts: 224
|
I would be willing to pay retail at an AD if I could find one but there is no way I would pay retail from a reseller.
|
8 January 2014, 02:17 AM | #14 |
⭐⭐⭐⭐2024 SubLV41 sponsor & Boutique Seller
Join Date: Apr 2011
Real Name: Thanh Takuya
Location: Dont mess w Texas
Watch: AP/Rolex/PP
Posts: 53,009
|
so you just want your name and your info on the warranty that's what you meant or you meant used ones
__________________
2 Factor Authentication Security Active Instagram @takuyawatches |
8 January 2014, 02:44 AM | #15 |
2024 SubLV41 Pledge Member
Join Date: Jan 2010
Real Name: K.
Location: 780
Posts: 10,460
|
Let's see if the new Basel releases calm thing down a bit... if not, after everyone that craves one has theirs, supply and demand should do the trick.
|
8 January 2014, 02:49 AM | #16 | |
"TRF" Member
Join Date: Nov 2013
Location: Chicago
Watch: GMT BLNR
Posts: 224
|
Quote:
Trust me, I would buy the YM II you have for sale in a second if I could afford it. |
|
8 January 2014, 02:56 AM | #17 |
"TRF" Member
Join Date: May 2013
Location: SoCal
Posts: 90
|
Every AD I've been into is selling them for list, I would not pay over for one.
|
8 January 2014, 04:22 AM | #18 |
"TRF" Member
Join Date: Jun 2013
Real Name: steve
Location: south , east , uk
Watch: all of them
Posts: 448
|
|
8 January 2014, 05:34 AM | #19 |
"TRF" Member
Join Date: Aug 2006
Real Name: Scott
Location: GMT -7
Watch: GMT's & Sub's
Posts: 10,401
|
Never understood why someone would pay a premium when you can buy at MSRP from an AD.
__________________
"The bitterness of poor quality remains long after the sweetness of lower price is forgotten." -Benjamin Franklin Member No. 922 |
8 January 2014, 05:39 AM | #20 |
"TRF" Member
Join Date: Oct 2012
Location: Left Coast
Posts: 7,025
|
The difference is $500. $8,450 for the LN and $8,950 for the BLNR. Same premium as the SubLV enjoys.
__________________
Some days it's just not worth chewing through the restraints. |
8 January 2014, 05:51 AM | #21 |
⭐⭐⭐⭐
2024 SubLV41 Sponsor & Boutique Seller Join Date: Sep 2010
Real Name: Aamir
Location: Atlanta, Georgia
Watch: Patek, Rolex
Posts: 34,546
|
No one knows when the prices will cool off on the BLNR but when they do the effects will be unforgiving for people who are paying premium (above retail) for buying a new one.
|
8 January 2014, 05:53 AM | #22 | |
"TRF" Member
Join Date: Mar 2009
Real Name: Jason
Location: USA
Watch: Rolex/Tudor Divers
Posts: 7,973
|
Quote:
I have bought from them several times before, so I'm sure that helped a little.
__________________
Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
|
8 January 2014, 05:55 AM | #23 |
⭐⭐⭐⭐2024 SubLV41 sponsor & Boutique Seller
Join Date: Apr 2011
Real Name: Thanh Takuya
Location: Dont mess w Texas
Watch: AP/Rolex/PP
Posts: 53,009
|
Caribbean is good market for buying the watches……. but they won't ship it to US though
P.s Sorry, it looks like we are discussing about different story now. :off topic:
__________________
2 Factor Authentication Security Active Instagram @takuyawatches |
8 January 2014, 06:07 AM | #24 | |
"TRF" Member
Join Date: Mar 2009
Real Name: Jason
Location: USA
Watch: Rolex/Tudor Divers
Posts: 7,973
|
Quote:
Like has already been stated, the price of the BLNR will come down after the market becomes a bit more saturated. It has only been in ADs 6-8 months. Give it a year and the price will be better IMHO.
__________________
Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
|
8 January 2014, 06:08 AM | #25 |
"TRF" Member
Join Date: Aug 2009
Real Name: Steve.
Location: UK
Posts: 6,474
|
A new Coke or Pepsi at Basel would excite the market, THEN the BLNR would 'normalise' (if it really needs to). Sounds like you can get one at list if you apply 'due diligence'.
|
9 January 2014, 01:08 PM | #26 |
"TRF" Member
Join Date: Dec 2013
Location: Atlanta
Posts: 4
|
limited supply to AD
This watch is restricted supply to AD. Only reason it is selling at a premium. Family member is AD. If everyone here said it was ugly it might be discounted!
|
9 January 2014, 04:25 PM | #27 |
2024 Pledge Member
Join Date: Aug 2008
Posts: 5,533
|
My guess is.... a year or two.
|
10 January 2014, 12:02 AM | #28 |
"TRF" Member
Join Date: Aug 2009
Real Name: Steve.
Location: UK
Posts: 6,474
|
|
10 January 2014, 12:07 AM | #29 |
2024 Pledge Member
Join Date: Jun 2013
Location: ATL
Watch: 126610LV
Posts: 2,753
|
|
10 January 2014, 12:39 AM | #30 |
2024 SubLV41 Pledge Member
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.