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Etschell · 25 June 2019, 08:41 AM

To sell at or above MSRP?

Some are such as the yellow gold green Daytona.

So what say you. Does this bubble get crazier or not?

djyolky · 25 June 2019, 08:43 AM

Shame on you for this cluttering up this forum with this garbage.

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pepsiretail · 25 June 2019, 08:43 AM

I say let's keep it going!

Racerdj · 25 June 2019, 08:44 AM

I can see closer to MSRP before going over. Just take a look at the gray market used prices year over year. Several years ago, YG Sky Dwellers were closer to $30k and now they are mostly over $35K. As the supply shrinks, the prices will move higher.

Etschell · 25 June 2019, 08:45 AM

Quote:

Originally Posted by djyolky

Shame on you for this cluttering up this forum with this garbage.

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Thanks for the constructive post.

LuminousMaximus · 25 June 2019, 08:46 AM

Quote:

Originally Posted by Etschell

To sell at or above MSRP?

Some are such as the yellow gold green Daytona.

So what say you. Does this bubble get crazier or not?

PM will go above MSRP for a few select models

FTX I · 25 June 2019, 08:47 AM

Probably yes.

djyolky · 25 June 2019, 08:48 AM

Quote:

Originally Posted by Etschell

Thanks for the constructive post.

You're welcome. I like to give as much as I receive. :)

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Mr.Rolex1 · 25 June 2019, 08:48 AM

Yes for the following reasons and more; no AD discounts, tax enforcement, inflated SS prices, shrinking number of AD's, rising demand from growing wealthy class worldwide, & social media influences.

JayHantz · 25 June 2019, 08:49 AM

Sadly I think so.

djyolky · 25 June 2019, 08:50 AM

A PM Rolex is the better buy in this current market space.

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HogwldFLTR · 25 June 2019, 08:52 AM

Quote:

Originally Posted by Etschell

To sell at or above MSRP?

Some are such as the yellow gold green Daytona.

So what say you. Does this bubble get crazier or not?

I think it's already started to happen.

Quote:

Originally Posted by djyolky

Shame on you for this cluttering up this forum with this garbage.

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If you don't like a topic feel free to scroll past!

inadeje · 25 June 2019, 08:54 AM

If c24 is anything to go by, my watch collection displays a recent 4-5% increase in my smurf estimate. It had been flat for 8 months.

djyolky · 25 June 2019, 08:55 AM

Quote:

Originally Posted by HogwldFLTR

I think it's already started to happen.

If you don't like a topic feel free to scroll past!

But your topic is like a car accident. You just have to look.

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ufboy73 · 25 June 2019, 08:55 AM

Quote:

Originally Posted by djyolky

A PM Rolex is the better buy in this current market space.

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depends how you define 'better'...

given that PM used to be available for nice discounts, once the bubble pops I would think their residual values (assuming purchased anywhere at or above msrp) may fall even more precipitously than SS

djyolky · 25 June 2019, 08:58 AM

Quote:

Originally Posted by ufboy73

depends how you define 'better'...

given that PM used to be available for nice discounts, once the bubble pops I would think their residual values (assuming purchased anywhere at or above msrp) may fall even more precipitously than SS

Better as in you're getting better value for your dollar in today's current Rolex market.

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Tmac478 · 25 June 2019, 08:59 AM

Quote:

Originally Posted by djyolky

Shame on you for this cluttering up this forum with this garbage.

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Sorry, but gotta chime in here. You've just joined this forum and have just 100 posts and this is how you contribute? That's some harsh bullsh*t man. Didn't your mama tell you "if you don't have something nice to say....."

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ufboy73 · 25 June 2019, 09:02 AM

Quote:

Originally Posted by djyolky

Better as in you're getting better value for your dollar in today's current Rolex market.

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not sure about that....if you purchase an SS at retail, wear it a few times and turn around to sell it...do you lose more than if you did the same with the PM Rolex?

the value retention is still better on the SS I would think, particularly in short run

djyolky · 25 June 2019, 09:04 AM

Quote:

Originally Posted by Tmac478

Sorry, but gotta chime in here. You've just joined this forum and have just 100 posts and this is how you contribute? That's some harsh bullsh*t man. Didn't your mama tell you "if you don't have something nice to say....."

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What are you apologizing for? Don't be sorry. I'm not. And whether I have 100 posts or 1000 posts, makes no difference. This is how I truly feel about this particular post. I live in a world where I chime in when I feel the need to. If it is have offended you, then I'm not sorry.

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djyolky · 25 June 2019, 09:05 AM

Quote:

Originally Posted by ufboy73

not sure about that....if you purchase an SS at retail, wear it a few times and turn around to sell it...do you lose more than if you did the same with the PM Rolex?

the value retention is still better on the SS I would think, particularly in short run

If you purchased that SS piece at the inflated prices they are today? Then yes, you would lose the same proportionate amount.

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Pilliam · 25 June 2019, 09:29 AM

I respect the view that PM could exceed retail one day (and already is, in certain circumstances); however, I think platinum would be the exception. In looking at the usual grey sites, platinum is often below retail, even as I post. By and large, I think the guy (or girl) who has the money to spend on a platinum Rolex, wants the experience of buying brand new, without any worries.

I don't know the exact price, but for example, if I wanted a platinum DD with its normal, non-bling bezel, if it costs $60K from an AD, yet $50K on a grey, I'd buy from the AD every time. Sure I might save $10K, but I've got little to no worry with an AD and, most importantly, I'd have recourse.

Jona · 25 June 2019, 09:31 AM

I was not able to get a discount on my YG sub from my AD last year. I was surprised but they were firm on the MSRP.

jb335 · 25 June 2019, 09:52 AM

Quote:

Originally Posted by Tmac478

Sorry, but gotta chime in here. You've just joined this forum and have just 100 posts and this is how you contribute? That's some harsh bullsh*t man. Didn't your mama tell you "if you don't have something nice to say....."

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x2

Never understood people complaining about posts they don’t like. Don’t read them then. Easy.

jb335 · 25 June 2019, 09:56 AM

Quote:

Originally Posted by pmk416

I don't know the exact price, but for example, if I wanted a platinum DD with its normal, non-bling bezel, if it costs $60K from an AD, yet $50K on a grey, I'd buy from the AD every time. Sure I might save $10K, but I've got little to no worry with an AD and, most importantly, I'd have recourse.

I don’t get this at all. You’d pay the extra $10k? Your choice but that would be a waste of money.

TimeToWatch · 25 June 2019, 10:01 AM

Quote:

Originally Posted by Etschell

To sell at or above MSRP?

Some are such as the yellow gold green Daytona.

So what say you. Does this bubble get crazier or not?

Many already are (116508, 116519LN to name a couple). I think it will be confined to the “hot models” I.e. Daytona and GMT, at least at first.

bobabreath · 25 June 2019, 10:09 AM

Yes, as SS prices climb, so will PM to keep the same delta. ADs are already no longer giving discounts on PM models.

HogwldFLTR · 25 June 2019, 10:27 AM

Quote:

Originally Posted by djyolky

But your topic is like a car accident. You just have to look.

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How'd this become my topic? Give us all a break and go get involved with a topic you have interest in instead of harassing those participating in something you are disinterested in. It'll work better for all of us.

When I got my PM Daytona it was at 20% off. Hard to find at that price now only seven short months later.

tng11 · 25 June 2019, 10:37 AM

Some are already on their way. All of the Oysterflex Daytonas are going for premiums in Asia, 116519LN worldwide, and green 116508 is just crazy right now.

With SS prices approaching PM, PM residuals have strengthened a lot as of late. Some PMs are hard to get, ADs get less of them per year than their SS counterparts, naturally as they sell less. But the demand could easily exceed supply in today's market. Once they disappear from cases and become waitlist pieces, the positive feedback loop starts with prices going up, and flipper demand further fueling prices.

That said I don't think the pace of appreciation will be the same, the higher price point keeps some of the demand away.

Etschell · 25 June 2019, 11:01 AM

Quote:

Originally Posted by tng11

Some are already on their way. All of the Oysterflex Daytonas are going for premiums in Asia, 116519LN worldwide, and green 116508 is just crazy right now.

With SS prices approaching PM, PM residuals have strengthened a lot as of late. Some PMs are hard to get, ADs get less of them per year than their SS counterparts, naturally as they sell less. But the demand could easily exceed supply in today's market. Once they disappear from cases and become waitlist pieces, the positive feedback loop starts with prices going up, and flipper demand further fueling prices.

That said I don't think the pace of appreciation will be the same, the higher price point keeps some of the demand away.

But are these PM Rolex sports models now seen as value to those who can afford greater prices? Ie compared to Patek or AP full PM? I would think yes for some buyers.

Bigblu10 · 25 June 2019, 11:06 AM

Quote:

Originally Posted by Etschell

Thanks for the constructive post.

Only certain hard to find PM pieces will/are fetching a big premium.

BTW I received 25% discount off my YG Sub two years ago. Those discounts are pretty much gone. I will never sell this baby!

View Poll Results: PM bubble next?
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No	106	42.40%
Get your head checked OP....	34	13.60%
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25 June 2019, 08:41 AM	#1
Etschell "TRF" Member Join Date: Dec 2013 Location: FL Watch: platinum sub Posts: 15,884	Are PM Rolex next? To sell at or above MSRP? Some are such as the yellow gold green Daytona. So what say you. Does this bubble get crazier or not? __________________ If you wind it, they will run. 25 or 6 to 4.

25 June 2019, 08:44 AM	#4
Racerdj 2024 Pledge Member Join Date: Apr 2013 Location: Indianapolis Watch: Patek-Philippe Posts: 16,832	I can see closer to MSRP before going over. Just take a look at the gray market used prices year over year. Several years ago, YG Sky Dwellers were closer to $30k and now they are mostly over $35K. As the supply shrinks, the prices will move higher. __________________ Rolex and Patek Philippe

25 June 2019, 08:54 AM	#13
inadeje 2024 SubLV41 Pledge Member Join Date: Jan 2013 Location: Miami Watch: me lose count. Posts: 5,907	If c24 is anything to go by, my watch collection displays a recent 4-5% increase in my smurf estimate. It had been flat for 8 months. __________________ ♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41

25 June 2019, 08:43 AM	#2
djyolky Banned Join Date: Oct 2018 Location: US Posts: 1,411	Shame on you for this cluttering up this forum with this garbage. Sent from my SM-G925V using Tapatalk

25 June 2019, 08:43 AM	#3
pepsiretail Banned Join Date: May 2019 Location: Canada Posts: 2,052	I say let's keep it going!

25 June 2019, 08:47 AM	#7
FTX I "TRF" Member Join Date: Feb 2013 Real Name: Flavio Location: N/A Posts: 14,654	Probably yes.

25 June 2019, 08:48 AM	#9
Mr.Rolex1 Banned Join Date: Apr 2019 Real Name: Mike Location: San Diego, CA Watch: Submariner Posts: 1,197	Yes for the following reasons and more; no AD discounts, tax enforcement, inflated SS prices, shrinking number of AD's, rising demand from growing wealthy class worldwide, & social media influences.

25 June 2019, 08:49 AM	#10
JayHantz 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Jun 2018 Real Name: Jonathan Location: Texas Watch: @Escapementt Posts: 9,844	Sadly I think so.

25 June 2019, 08:50 AM	#11
djyolky Banned Join Date: Oct 2018 Location: US Posts: 1,411	A PM Rolex is the better buy in this current market space. Sent from my SM-G925V using Tapatalk

25 June 2019, 09:29 AM	#21
Pilliam "TRF" Member Join Date: Mar 2019 Location: USA Posts: 254	I respect the view that PM could exceed retail one day (and already is, in certain circumstances); however, I think platinum would be the exception. In looking at the usual grey sites, platinum is often below retail, even as I post. By and large, I think the guy (or girl) who has the money to spend on a platinum Rolex, wants the experience of buying brand new, without any worries. I don't know the exact price, but for example, if I wanted a platinum DD with its normal, non-bling bezel, if it costs $60K from an AD, yet $50K on a grey, I'd buy from the AD every time. Sure I might save $10K, but I've got little to no worry with an AD and, most importantly, I'd have recourse.

25 June 2019, 09:31 AM	#22
Jona Banned Join Date: May 2019 Location: USA Watch: 116618LN Posts: 1,399	I was not able to get a discount on my YG sub from my AD last year. I was surprised but they were firm on the MSRP.

25 June 2019, 10:09 AM	#26
bobabreath "TRF" Member Join Date: Jun 2014 Location: N. Carolina, USA Posts: 567	Yes, as SS prices climb, so will PM to keep the same delta. ADs are already no longer giving discounts on PM models.

25 June 2019, 10:37 AM	#28
tng11 "TRF" Member Join Date: Jun 2016 Location: N/A Posts: 3,634	Some are already on their way. All of the Oysterflex Daytonas are going for premiums in Asia, 116519LN worldwide, and green 116508 is just crazy right now. With SS prices approaching PM, PM residuals have strengthened a lot as of late. Some PMs are hard to get, ADs get less of them per year than their SS counterparts, naturally as they sell less. But the demand could easily exceed supply in today's market. Once they disappear from cases and become waitlist pieces, the positive feedback loop starts with prices going up, and flipper demand further fueling prices. That said I don't think the pace of appreciation will be the same, the higher price point keeps some of the demand away.

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