Sub date prices

[cooks19]

I have been offered 2020 unworn 116610ln for 9k gbp just interested to see peoples thoughts on whether it’s worth purchasing at this price or holding off should prices start to fall this year
Thanks

[nnigel46]

i just sold mines a used one 8500 us with no box no papers

[socalwatchcollector]

Originally Posted by cooks19

I have been offered 2020 unworn 116610ln for 9k gbp just interested to see peoples thoughts on whether it’s worth purchasing at this price or holding off should prices start to fall this year
Thanks

Pass-better deals out there.

[ronricks]

Some speculation the 116610 is going to be replaced this year with an updated model. Some think this could hurt or help the value of the current model.

[Hollie_Rollie]

Pass.

[Podmornica]

Have you contacted the local ADs? Thse should be readily available anytime in the upcoming weeks. It's more likely that the SA will call you than that you will be able to find one at a decent price on the gray market. Remember, this is not the market that it used to be just a month ago. Many are having the cold feet once they receive that phone call and even more of those buyers on the waiting lists were flippers that will now skip the purchase due to uncertainty of the market.

[cooks19]

All the ADs I have contacted so far in the uk tell me the wait list remains the same at around 3-5 years and for the majority will only add you should you have a previous purchase history. Hoping that over the coming months this may change as I would love to pick one up at rrp otherwise the grey market it is.

[EddyG]

Originally Posted by cooks19

All the ADs I have contacted so far in the uk tell me the wait list remains the same at around 3-5 years and for the majority will only add you should you have a previous purchase history. Hoping that over the coming months this may change as I would love to pick one up at rrp otherwise the grey market it is.

Not the same watch but a well known UK AD told me you don't need previous spending history for a No Date SUB,

[Marcjvr]

Originally Posted by cooks19

All the ADs I have contacted so far in the uk tell me the wait list remains the same at around 3-5 years and for the majority will only add you should you have a previous purchase history.

lol tell him to turn on the news

[iTreelex]

I'd offer him 4k and half a roll of TP

[Nairn1980]

Originally Posted by Marcjvr

lol tell him to turn on the news

ADs around here are closed.... stock not coming in.
I really don't see supply catching up with demand (but not many people seem to really agree with me - time will tell)

[Arcticsub]

Of course Rolex will have to reopen sooner or later. They will find themselves in a lower demand market e.g a buyer's market.

They will still have to sell their products, but they can't increase production at the drop of a hat.

Bottom line, I think supply will be lower for the coming months but you will still see an even bigger decrease in demand. Can't say that I feel sorry for the Greys, AD's or Rolex for that matter. They were playing a risky game and now the other shoe has dropped.

You should wait a couple of months (maybe 6±) and you can buy your sub below mrsp.

[Doc Savage]

Originally Posted by iTreelex

I'd offer him 4k and half a roll of TP

Or just a roll of TP by itself

[Yess]

Originally Posted by Nairn1980

ADs around here are closed.... stock not coming in.

I really don't see supply catching up with demand (but not many people seem to really agree with me - time will tell)

I agree with you.
Rolex isn't going to send stock when stores aren't open. And they're not making watches while the factory is closed.
It really couldn't be more simple.
The problem is the conflation between grey and AD - many have used the grey dealers like an AD. Changes to grey market will/are happening! I'd hold off on grey purchases longer!
ADs, very little to any change is possible in the current situation. If ADs remain closed and Rolex organises to reopen the factory... There may be some ease at ADs when we get through this. But I think Rolex will limit supply to ADs then anyway to maintain current market status quo.

[Abmatt2002]

Originally Posted by cooks19

I have been offered 2020 unworn 116610ln for 9k gbp just interested to see peoples thoughts on whether it’s worth purchasing at this price or holding off should prices start to fall this year
Thanks

That’s right at the top of the market.

There’s just as good out there for less, but most seem to be going for around £8200-8800.

If you want it and can afford it, get it. But personally I wouldn’t pay that.

[thelias]

Originally Posted by iTreelex

I'd offer him 4k and half a roll of TP

Wow wow wow. Half a roll of TP??? That's wayyyy over market price. lol

[Ihatecheese]

I wouldn't pay 2 grand over list for a sub. Seems ridiculous imho. How much does desperation cost, that's the question. Perhaps if the cash was free to me it would be different. But just seems wrong to get shafted so badly.