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27 May 2016, 04:09 AM | #1 |
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Gold GMT Market
Ive been watching the used market closely for the last 6 months. Seems the market is getting softer on these ceramic watches.
Is that the case for other gold watches or just the GMT's? |
27 May 2016, 04:14 AM | #2 |
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I think it is just gold in general, much smaller market for an 18k watch. I don't think it has anything to do with the ceramic insert of aluminum insert.
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27 May 2016, 04:54 AM | #3 |
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How many individual watches did you track for price?
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27 May 2016, 06:45 AM | #4 |
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For BNIB/LNIB, no. Now for older examples...maybe. But I think it's in line with other gold models, say the sub, that I see.
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27 May 2016, 07:16 AM | #5 |
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I'd be interested in knowing more about what you tracked and for how long.
Generally the depreciation on PM watches is pretty high relative to some others. |
27 May 2016, 07:44 AM | #6 |
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Gold GMT Market
Is it possible you have merely been tracking the blro? It has been normalizing for some time and I think it's starting to settle in the very low 20s. Tempting for sure.
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27 May 2016, 10:18 AM | #7 |
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I've been comparing costs of the 116718 since buying mine several years ago. It's still higher now than then.
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27 May 2016, 12:27 PM | #8 |
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27 May 2016, 12:30 PM | #9 |
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As stated in my post 6 months and every single one for sale on this forum. My opinion is prices are lower from trusted sellers on this forum than ebay for example.
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27 May 2016, 06:23 PM | #10 |
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27 May 2016, 07:14 PM | #11 |
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Interesting observation. Could you tell me what the current going rate of a bnib or lnib 116718 is. Compared to what it was 6 months ago?
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27 May 2016, 10:10 PM | #12 |
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I have noticed the same thing. I believe that the market did not support the higher prices and the TS have adjusted to move the models.
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28 May 2016, 04:40 PM | #13 |
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