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Old 4 September 2020, 11:05 AM   #1
mrmclovin
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Kermit mk2

Hey, have been a watch collector for some time now but never felt the need to join a forum up until now. The first rolex I ever owned was a Kermit bought for a whopping 4300 back in 2005

With the release of the new model I am feeling a little nostalgic so really thinking of getting my hands on one should the opportunity present itself but am curious on what you guys think, I am no expert on secondary market dealers always bought from an AD but I am not oblivious to the wait times some pieces started commanding.

My question is do you think the new kermit will try to be sold for almost double like other SS models or have a more relaxed premium ?
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Old 4 September 2020, 11:28 AM   #2
Tools
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Historically, it seems that there is a lot of gouging when anything new comes out. People are still hoping to recover what they paid for first-release new Milgauss and Explorer II models.

Those with Fear Of Missing Out may pay top dollar, but it will be available for MSRP at Dealers by next Christmas. '

As to Kermit MK2... How about simply LV Mk3.
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Old 4 September 2020, 11:35 AM   #3
mrmclovin
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Historically, it seems that there is a lot of gouging when anything new comes out. People are still hoping to recover what they paid for first-release new Milgauss and Explorer II models.

Those with Fear Of Missing Out may pay top dollar, but it will be available for MSRP at Dealers by next Christmas. '

As to Kermit MK2... How about simply LV Mk3.
Appreciate the answer.. LV MK3 it is
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Old 4 September 2020, 11:41 AM   #4
77T
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Kermit mk2

The secondary market for BNIB open card for the new Sub with green ceramic bezel will likely start at $29K for first movers and slowly settle at $26K methinks.


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Old 4 September 2020, 11:52 AM   #5
Dirt
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Originally Posted by mrmclovin View Post
Appreciate the answer.. LV MK3 it is
Yes, LV3 makes a lot of sense all things considered
The closest I could come with the current crop of offerings for a name was the Cermit, but it didn't quite seem right.

Regardless, i think the insert colour is more distinguished than the anodised version in the Kermit and i am more than a little interested to see this new one in the flesh
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Old 4 September 2020, 12:23 PM   #6
synrrgy
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Originally Posted by Tools View Post
Historically, it seems that there is a lot of gouging when anything new comes out. People are still hoping to recover what they paid for first-release new Milgauss and Explorer II models.

Those with Fear Of Missing Out may pay top dollar, but it will be available for MSRP at Dealers by next Christmas. '

As to Kermit MK2... How about simply LV Mk3.
I like this insight. Thanks for sharing.
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Old 4 September 2020, 01:55 PM   #7
mrmclovin
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The secondary market for BNIB open card for the new Sub with green ceramic bezel will likely start at $29K for first movers and slowly settle at $26K methinks.


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Are you being serious right now ? that's 3x msrp

29k on a sub you'd have to be crazy
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Old 4 September 2020, 03:28 PM   #8
Stevec14
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Quote:
Originally Posted by mrmclovin View Post
Hey, have been a watch collector for some time now but never felt the need to join a forum up until now. The first rolex I ever owned was a Kermit bought for a whopping 4300 back in 2005

With the release of the new model I am feeling a little nostalgic so really thinking of getting my hands on one should the opportunity present itself but am curious on what you guys think, I am no expert on secondary market dealers always bought from an AD but I am not oblivious to the wait times some pieces started commanding.

My question is do you think the new kermit will try to be sold for almost double like other SS models or have a more relaxed premium ?
Well. The first one I’ve seen on chrono 24 is up for £23,995 so approx $30k. Let’s hope it comes down a little
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Old 4 September 2020, 03:30 PM   #9
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Well. The first one I’ve seen on chrono 24 is up for £23,995 so approx $30k. Let’s hope it comes down a little
$30k? that's insane
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Old 4 September 2020, 09:52 PM   #10
Stevec14
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Kermit mk2

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$30k? that's insane

Yeah, a French jewellers has the LN up for £18k.

Chancers. I hope no one is stupid enough....


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