Rolex gold prices in relation to normal gold prices?

[mjr24]

I know gold is really high right now. Do pre owned Rolex models go up or down in value or sales prices depending on the pricing of normal gold?

[superstarmar]

Not related at all .. it’s a luxury watch that commands
a luxury price ... Has nothing to do with current market
value of gold ...

[myporsche]

Gold is not high right now, actually it's relatively low. Pre-owned market prices are not correlated to actual gold spot price. They are more based on demand, conductibility, and relatively to their modern counterparts.

[RJRJRJ]

The actual gold content of a Rolex is only fraction of it's inflated price over stainless steel, as far as spot gold pricing goes. There is way more than enough room to account for fluctuations in the gold market.

[THC]

Many many of these threads, but I do understand why it comes up. Go price the best leather, then go price a Louis Vuitton bag... wowser same thing

[mjr24]

Thanks guys.....very small part of me is considering the all gold GMT but they are definitely pricey pre-owned ($23k).

Then there is two-toned GMT, 116718.....which is basically $10k. The all gold is my grail.....but damn, $13k more for a few more links and a case that is all gold? Not sure that's worth it.

[Dr.Smellody]

Originally Posted by mjr24

Thanks guys.....very small part of me is considering the all gold GMT but they are definitely pricey pre-owned ($23k).

Then there is two-toned GMT, 116718.....which is basically $10k. The all gold is my grail.....but damn, $13k more for a few more links and a case that is all gold? Not sure that's worth it.

Do it and don't look back!!

[Boba Fett]

Run the numbers with platinum.

[Bigblu10]

Originally Posted by mjr24

Thanks guys.....very small part of me is considering the all gold GMT but they are definitely pricey pre-owned ($23k).

Then there is two-toned GMT, 116718.....which is basically $10k. The all gold is my grail.....but damn, $13k more for a few more links and a case that is all gold? Not sure that's worth it.

Only you and your wallet can decide if full gold is worth the price. PM trumps TT and SS if you can swing it!

[zjd168]

No

[beshannon]

Originally Posted by mjr24

I know gold is really high right now. Do pre owned Rolex models go up or down in value or sales prices depending on the pricing of normal gold?

No

[77T]

Rolex gold watch MSRP does vary with many factors. Those are a closely guarded set of variables, but you can imagine raw material cost is a part of that.

Thus far MSRP has never dropped after the drop in gold price some years...





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[Sebastian5]

Originally Posted by RJRJRJ

The actual gold content of a Rolex is only fraction of it's inflated price over stainless steel, as far as spot gold pricing goes. There is way more than enough room to account for fluctuations in the gold market.

This, as for most jewelry.

As for market movements with older pieces I think it countermoves so it cancels out. High gold price = bad economy so lower demand for high-end watches and vice versa.

An 18238 Day-Date weighs around 180g, I'm not sure of the non gold weight (movement/crystal...) but let's say 140 grams of 18k gold which in todays market is around $4k ((140*$40)*0.75). At the height of the crisis it would have been around $6k. All spot prices, not scrap which is lower, but related.

So Day-Dates sell far above their scrap value (duh) and demand probably does more for price movements than the gold price. Whereas a simple 18k ring will probably sell closer to scrap value.

[padi56]

Originally Posted by THC

Many many of these threads, but I do understand why it comes up. Go price the best leather, then go price a Louis Vuitton bag... wowser same thing

Have agree but like most so called designer stuff good quality but pay a heavy price for the name.With many similar goods especially leather goods as good as and a third of the price.

[tyler1980]

Originally Posted by superstarmar

Not related at all .. it’s a luxury watch that commands
a luxury price ... Has nothing to do with current market
value of gold ...

i agree... however the only way i would say its related at all is it puts a floor on the value of a PM watch as its always worth the scrap value where as there is no floor on a SS watch. However the scrap value is way below what it should be trading at.

[Loevhagen]

Rolex full gold wrist watches are actually de facto cheaper than Rolex steel wrist watches - if you compare these metals solely based on the price on commodities alone; gold versus steel.

[tyler1980]

Originally Posted by Loevhagen

Rolex full gold wrist watches are actually de facto cheaper than Rolex steel wrist watches - if you compare the price on commodities; gold versus steel.

maybe the movements are both worth 9.5K and you are paying next to nothing for the SS material and more for the gold

[Loevhagen]

A sports model YG Rolex costs approx. 3-4 more than the same model in steel. But the ratio between gold and steel is actually much higher as standalone metals.

Q.E.D -> Rolex gold watches are VFM. ;)

[tyler1980]

Originally Posted by Loevhagen

A sports model YG Rolex costs approx. 3-4 more than the same model in steel. But the ratio between gold and steel is actually much higher as standalone metals.

Q.E.D -> Rolex gold watches are VFM. ;)

my point was simply there is a lot of cost in the movement. so saying it costs 3x more based on material is a bit misleading as there is a large chunk of the cost in the movement and the movement is the same on both. The movement could be 50% of the cost of a SS watch and only 18% of the cost of a PM watch if the movement costs 5k for example.

More of the cost on a SS watch goes to the movement is a fair statement rather than just looking a metal pricing as obviously there isnt 10k of SS or 30k of gold in either.

[Loevhagen]

Rolex full gold sport watches are cheap - any way you look at it.

[padi56]

Originally Posted by tyler1980

maybe the movements are both worth 9.5K and you are paying next to nothing for the SS material and more for the gold

Why anyone would think that a Rolex movement would be worth or cost 9.5K or even 5K defeats me, Rolex movements are made from the same material as most any other movement made today.And manufacture today is highly robotised so once you got the tooling set up you can churn the parts out by the millions.The mechanical movement are mainly made from metals like SS,nickel coated brass and rhodium plated base/top plates,brass gears etc.Plus beryllium, bronze, or Glucydur,for the balance wheels, and all movements made today now use synthetic jewel rubies for the bearings.Now the old Rolex Quartz movement was more costly to make or replace than a mechanical movement in the same timeframe.

[jstan9]

If I could afford the YG GMT, I’d go for it.


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