ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
6 June 2018, 05:56 PM | #1 |
"TRF" Member
Join Date: Dec 2012
Location: Sydney
Watch: GMT Master II
Posts: 88
|
Crazy Prices
When will this madness end? The crazy prices being asked for the Batman, Hulk, James Cameron and the new ceramic Daytona are just depressing. What's driving the demand?
__________________
16710 GMT Master II (Coke) 116610LN Sub-C 116710 BLNR Batman |
6 June 2018, 05:58 PM | #2 |
"TRF" Member
Join Date: Aug 2009
Location: Portland, OR
Watch: ing the Detectives
Posts: 1,888
|
August 28th 2020. Around 2:30.
It's probably to do with markets, or money, or production or Illuminati or Instagram... |
6 June 2018, 06:03 PM | #3 |
"TRF" Member
Join Date: Dec 2012
Location: Sydney
Posts: 209
|
Whatabout the sd43?
Sent from my iPhone using Tapatalk |
6 June 2018, 06:05 PM | #4 |
Banned
Join Date: Mar 2018
Location: New Zealand
Watch: 114060
Posts: 2,630
|
|
6 June 2018, 06:12 PM | #5 |
"TRF" Member
Join Date: May 2016
Location: EU
Watch: Blancpain AC01
Posts: 442
|
It would be worse if these models were not in demand and their prices only fell. High demand also fuels the secondary market. Few people complain that used BLNR can be resold quickly.
|
6 June 2018, 06:12 PM | #6 |
Member
Join Date: Feb 2017
Location: USA <> BKK
Posts: 6,160
|
Not sure when it will end. Ask the Trusted Sources, consisting of your local AD or Youtuber Paul Pluta.
|
6 June 2018, 06:15 PM | #7 |
"TRF" Member
Join Date: Feb 2011
Location: England
Watch: 16710, 16628
Posts: 7,757
|
Captain Sheitters might know the answer.
__________________
GMT II 16710 TRADITIONAL ( D- Serial #) ROLEXFANBOY P-Club Member #4 |
6 June 2018, 06:18 PM | #8 |
"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
|
the fact that they are selling at a premium. If they start going for a discount then demand will fall off tremendously. Its a feedback loop IMO. Scarcity creates demand, then secondary prices increase the demand, and these factors then build and further increases the prices and scarcity.... and then it repeats.
__________________
Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
6 June 2018, 06:19 PM | #9 |
"TRF" Member
Join Date: Jan 2011
Real Name: Har
Location: Tukwila, WA
Watch: Rolex
Posts: 1,571
|
It started around last quarter of 2017.
Sent from my iPhone using Tapatalk
__________________
Rolex Rolex Rolex Rolex Rolex Rolex Rolex Rolex Rolex Rolex Go for the timepiece you love. You will save more. ... |
6 June 2018, 06:26 PM | #10 |
Member
Join Date: Feb 2017
Location: USA <> BKK
Posts: 6,160
|
|
6 June 2018, 06:31 PM | #11 |
"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
|
only if you were in a market that was late to the party. Its been going on far longer in the UK. You are just catching up
__________________
Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
6 June 2018, 06:32 PM | #12 |
"TRF" Member
Join Date: May 2017
Location: California
Posts: 229
|
|
6 June 2018, 07:04 PM | #13 |
2024 Pledge Member
Join Date: May 2018
Location: USA
Watch: P A T E K
Posts: 4,706
|
Typical human behavior :)
__________________
A. Lange & Sohne | Audemars Piguet | F.P.Journe | Omega | Patek Philippe | Rolex | Tudor | ...and Othersss |
6 June 2018, 07:17 PM | #14 |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,060
|
Simple answer those who buy and flip to the grey market for quick profit and while there are those who will pay these crazy prices the trend will continue.
__________________
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 |
6 June 2018, 07:18 PM | #15 |
"TRF" Member
Join Date: Feb 2018
Location: USA
Watch: 5226G & 5513(1963)
Posts: 352
|
I think it is the TRF and it’s constant speculation about Batman/no Batman, gray market, etc. that is causing an increased demand across the market resulting in short supply and high prices.
You guys just need to stop it I say... stop it!!! |
6 June 2018, 07:21 PM | #16 |
TRF Moderator & 2024 SubLV41 Patron
Join Date: Dec 2007
Real Name: Ken
Location: SW Florida
Watch: One on my wrist.
Posts: 64,005
|
Actually smart collectors are not selling their watches because they actually bought them to wear and enjoy and paid retail from an AD.
__________________
SPEM SUCCESSUS ALIT |
6 June 2018, 07:25 PM | #17 |
"TRF" Member
Join Date: Feb 2017
Location: UK
Watch: SubsGMTsSDsYM2DJ41
Posts: 652
|
|
6 June 2018, 07:59 PM | #18 | |
"TRF" Member
Join Date: Apr 2009
Real Name: John
Location: Scotland
Watch: SD 50th Ann
Posts: 444
|
Quote:
Low interest rates, an asset bubble combined with trend-following sheep-like behaviour and chiselling 'greys'/profiteers have ruined the market for us enthusiasts! |
|
6 June 2018, 08:41 PM | #19 |
Banned
Join Date: May 2014
Real Name: Mike
Location: BOS
Watch: 16710;14060;214270
Posts: 6,375
|
With the current prices, even more reason to be grateful for the Rolex watches you own.
I know I certainly am. |
6 June 2018, 09:03 PM | #20 | |
Member
Join Date: Feb 2017
Location: USA <> BKK
Posts: 6,160
|
Quote:
The buyers are the most responsible party causing this mess, the sellers can only list the pieces. |
|
6 June 2018, 09:09 PM | #21 |
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
|
__________________
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 |
6 June 2018, 09:10 PM | #22 |
2024 SubLV41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,076
|
|
6 June 2018, 09:32 PM | #23 |
"TRF" Member
Join Date: Nov 2010
Location: USA, UK, UAE
Posts: 670
|
Not even retail.
__________________
ROLEX: 16570 - 16610LV - 116610LN - 116610LV - 16710 - 116710BLNR - 126710BLRO - 116622 Rhodium - 116520 Black - 116500LN White - 116500LN Black - 228206 Ice AP: 15450ST White - 15202ST Blue - 26331ST -- PP: 5711/1A Blue - 5056P-001 -- BP: 5008 1130 71S -- JLC: 3908420 -- Tudor: M79470-0001 |
6 June 2018, 09:35 PM | #24 |
2024 SubLV41 Pledge Member
Join Date: Apr 2015
Location: UK
Watch: GMT
Posts: 2,559
|
This.
|
6 June 2018, 11:16 PM | #25 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 21,164
|
Agreed. Was offered the SD43 by my AD and passed. Still waiting on SS Pepsi tho.
We live in interesting times.
__________________
__________________ ----> Was Great Seeing Everyone At The TRF December 9 Tampa Meetup <---- https://www.rolexforums.com/showthread.php?t=968133 Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
6 June 2018, 11:27 PM | #26 | |
"TRF" Member
Join Date: Dec 2017
Location: NYC
Posts: 58
|
Quote:
100% correct. |
|
6 June 2018, 11:32 PM | #27 |
"TRF" Member
Join Date: Apr 2018
Real Name: John
Location: North Easton, MA
Watch: 114060, Lg Reverso
Posts: 199
|
Every hobby ive ever been involved with has rare or hard to obtain/desirable pieces that will fetch well above retail price. Watches are certainly no different. Unless people suddenly cease to desire GMTs/Subs/SkyDs/Daytonas, the demand (and thus the secondary prices) will always be high.
Sent from my SM-G950U using Tapatalk
__________________
Rolex Submariner No Date 114060 Jaeger-LeCoultre Large Reverso |
6 June 2018, 11:38 PM | #28 |
"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
|
then why are retail prices not up? Too much money printed implies there should be quite a bit of reduction in buying power. 6 years is a long time to wait to raise prices.
__________________
Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
7 June 2018, 12:07 AM | #29 |
Banned
Join Date: Jan 2017
Location: USA
Watch: PP, AP, Rolex
Posts: 352
|
|
7 June 2018, 12:10 AM | #30 |
Banned
Join Date: Jan 2017
Location: USA
Watch: PP, AP, Rolex
Posts: 352
|
this madness happens to AP and PP as well, not just Rolex.
|
Tags |
demand , prices |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.