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dialguy48 · 11 January 2022, 11:02 AM

https://www.sothebys.com/en/buy/auct...tainless-steel

Not a record breaking price but still noteworthy. $53,000 CHF (swiss franc) which equals over $57,000 USD. I believe this is also before buyers premium and VAT tax.

DRS Enabled · 11 January 2022, 11:11 AM

JC316 · 11 January 2022, 11:18 AM

There are sooooo many better watches at that price point, BUT buy what you like and not the hype!

Life life without regret and in good health!

Pete_mcC · 11 January 2022, 11:20 AM

Sotheby’s post hammer prices include the premium and taxes.
That price looks like a bizarre anomaly, unless there is something special about that specific watch. There are plenty 2017 116610LVs unsold on C24 for $25k so why is this one special?

KVNNSCHNG · 11 January 2022, 11:22 AM

Money laundering. Next.

JC316 · 11 January 2022, 11:25 AM

Quote:

Originally Posted by KVNNSCHNG

Money laundering. Next.

That's what NFTs are for!

Life life without regret and in good health!

1665fan · 11 January 2022, 11:29 AM

Quote:

Originally Posted by KVNNSCHNG

Money laundering. Next.

If it was money laundering why wouldn’t they have just gone on chrono and got 2 for that price………..it’s billionaires……

donas · 11 January 2022, 02:18 PM

Quote:

Originally Posted by KVNNSCHNG

Money laundering. Next.

If that's how they launder, they won't be in business long, lol. I don't think it's a good deal to get less than 50 cents to the dollar when you clean your money.

jaisonline · 11 January 2022, 02:22 PM

These last couple of high profile auctions are going to make the 116610LV a $30k “going rate” watch. Just stupid.

However, the market will determine for how long.

Farsh14 · 11 January 2022, 02:28 PM

Muhahahah love flexing the best sub out there that I paid at retail in 2017. Just a true stunner feel bad for ppl who over wait or over spend for the rather BORING “Starbucks”

I think it’ll be normal at 50k in no time

WatchesNBlondes · 11 January 2022, 02:33 PM

Crazy how you can get that price at an auction site. People need to go to chrono 24 to grab it at a much lower price than that.

ltmgeller · 11 January 2022, 02:45 PM

Wow

Fanny Bay R1 · 11 January 2022, 03:18 PM

That’s simply crazy, geez I know this won’t be popular but it’s the least attractive sub I own. Love it on St Paddy’s Day though!

S52 · 11 January 2022, 03:39 PM

Probably just a gray dealer in cahoots with another gray buying it from each other for absurd prices to drive up the hype train.

Here we are discussing it now...

How many guys will read this exact thread then jump over to DavidSW- EtAl... and justify dropping 25K for one cause thats a great deal when they are going for $50k+ at auction.

majidessa · 11 January 2022, 04:36 PM

Less iconic pieces by Rolex are being sold at higher premiums so why not the Hulk? Being the only SS Sub with a colored dial that simulate the color of the Crown !!!

Crazy I know but for a discontinued model at 30K it remains a bargin in this crazy market.

Sent from my SM-G998B using Tapatalk

majidessa · 11 January 2022, 04:40 PM

Quote:

Originally Posted by Fanny Bay R1

That’s simply crazy, geez I know this won’t be popular but it’s the least attractive sub I own. Love it on St Paddy’s Day though!

If you don't like it much why don't you sell it and buy something you truely like, I'm sure you can get a Pepsi, Blnr, or Starbucks with some exchange left.

Sent from my SM-G998B using Tapatalk

Jojomojo · 11 January 2022, 06:37 PM

Considering the OP41 Tiffany still has years & years of production, I'd say that Hulk was a bargain.

Then again, we shouldn't underestimate extremely wealthy people just got bored & decided to put their hands up in these auctions.

Manamana · 11 January 2022, 07:04 PM

Quote:

Originally Posted by majidessa

Less iconic pieces by Rolex are being sold at higher premiums so why not the Hulk? Being the only SS Sub with a colored dial that simulate the color of the Crown !!!

Crazy I know but for a discontinued model at 30K it remains a bargin in this crazy market.

Sent from my SM-G998B using Tapatalk

Exactly, look at the ss Daytona, and Tiffany OPs that still have a run of several years ahead.

Sandpit · 11 January 2022, 08:02 PM

Quote:

Originally Posted by 1665fan

If it was money laundering why wouldn’t they have just gone on chrono and got 2 for that price………..it’s billionaires……

Who says it's the buyer doing the laundry

1665fan · 11 January 2022, 10:59 PM

Quote:

Originally Posted by Sandpit

Who says it's the buyer doing the laundry

So the seller spent cash to get a watch, then sold watch to make more cash….. we call them flippers not launders lol….. or trusted sellers

enjoythemusic · 12 January 2022, 12:56 AM

That's less than two BTCs, a pretty epic win for only two US bucks.

Vetracer · 12 January 2022, 01:24 AM

Quote:

Originally Posted by Manamana

Exactly, look at the ss Daytona, and Tiffany OPs that still have a run of several years ahead.

I wouldn't bet on the OP41 brightly coloured dials staying too long in the Rolex catalogue.

Manamana · 12 January 2022, 01:30 AM

Quote:

Originally Posted by Vetracer

I wouldn't bet on the OP41 brightly coloured dials staying too long in the Rolex catalogue.

They will stay for a very long time. Why would Rolex discontinue new successful models or dials, never happened.

DBCooper07 · 12 January 2022, 01:32 AM

Things are just getting silly. If you really must piss your money away on this hype at least buy it grey for $25-30K LMAO! Save the other $20K to hire someone to slap you!

Can people not google?!
https://www.chrono24.com/search/inde...ccessoryTypes=

casadecamporolex · 12 January 2022, 02:16 AM

That is pure insanity.
Too many people have too much money.

dtwer · 12 January 2022, 03:16 AM

Quote:

Originally Posted by DBCooper07

Things are just getting silly. If you really must piss your money away on this hype at least buy it grey for $25-30K LMAO! Save the other $20K to hire someone to slap you!

Can people not google?!
https://www.chrono24.com/search/inde...ccessoryTypes=

LOL very true. Can get an unworn one from Chrono24 for half the auction price.

Mini2 · 12 January 2022, 03:56 AM

Quote:

Originally Posted by 1665fan

If it was money laundering why wouldn’t they have just gone on chrono and got 2 for that price………..it’s billionaires……

Agreed

Perseus · 12 January 2022, 04:09 AM

Quote:

Originally Posted by casadecamporolex

That is pure insanity.
Too many people have too much money.

I'm always wondering how much money these buyers make and why they are spending it this way.

cascavel · 12 January 2022, 04:35 AM

Quote:

Originally Posted by S52

Probably just a gray dealer in cahoots with another gray buying it from each other for absurd prices to drive up the hype train.

Here we are discussing it now...

How many guys will read this exact thread then jump over to DavidSW- EtAl... and justify dropping 25K for one cause thats a great deal when they are going for $50k+ at auction.

This^^^^. Makes sense to do this if you have an inventory of 50 of these and a lot of grey market dealers probably do.

Clydestime · 12 January 2022, 04:35 AM

Not a record breaking price but still noteworthy. $53,000 CHF (swiss franc) which equals over $57,000 USD. I believe this is also before buyers premium and VAT tax.[/QUOTE]

Who does that? That’s so hilarious and a waste of money.

Sent from my iPhone using Tapatalk

11 January 2022, 11:02 AM	#1
dialguy48 Banned Join Date: Dec 2021 Location: USA Posts: 25	Hulk sells for $57,000 on Sothebys https://www.sothebys.com/en/buy/auct...tainless-steel Not a record breaking price but still noteworthy. $53,000 CHF (swiss franc) which equals over $57,000 USD. I believe this is also before buyers premium and VAT tax.

11 January 2022, 11:22 AM	#5
KVNNSCHNG "TRF" Member Join Date: Oct 2013 Real Name: Kevin Location: Indianapolis, IN Posts: 486	Money laundering. Next. __________________ Instagram: KVNNSCHNG - Current: 116500LN, 116610LV, 5167A, 126710BLRO, 126710BLNR, 124300 CORAL, 126720VTNR

11 January 2022, 02:28 PM	#10
Farsh14 "TRF" Member Join Date: Mar 2017 Location: NYC Watch: The Green Sub Posts: 474	Muhahahah love flexing the best sub out there that I paid at retail in 2017. Just a true stunner feel bad for ppl who over wait or over spend for the rather BORING “Starbucks” I think it’ll be normal at 50k in no time Attached Images

11 January 2022, 02:45 PM	#12
ltmgeller 2024 SubLV41 Pledge Member Join Date: Aug 2012 Real Name: Mike Location: New York Watch: Rolex Posts: 22,574	Wow __________________ Oh, look at the time... Official Member: 'WIS-CON' Las Vegas International GTG 2019

11 January 2022, 03:39 PM	#14
S52 "TRF" Member Join Date: Oct 2010 Location: FL230 Watch: me fly-by Posts: 789	Probably just a gray dealer in cahoots with another gray buying it from each other for absurd prices to drive up the hype train. Here we are discussing it now... How many guys will read this exact thread then jump over to DavidSW- EtAl... and justify dropping 25K for one cause thats a great deal when they are going for $50k+ at auction. __________________ GMT Master II 16710B BLRO--Sea Dweller 16600--Submariner 1680--Milgauss 116400--Tudor BB58 79030B--Omega Speedmaster Pro--IWC Mark XV Automatic--Breitling Aerospace

11 January 2022, 11:11 AM	#2
DRS Enabled Banned Join Date: Dec 2021 Location: World Posts: 173

11 January 2022, 11:18 AM	#3
JC316 "TRF" Member Join Date: Dec 2011 Real Name: JC Location: Korea Posts: 456	There are sooooo many better watches at that price point, BUT buy what you like and not the hype! Life life without regret and in good health!

11 January 2022, 11:20 AM	#4
Pete_mcC "TRF" Member Join Date: Apr 2015 Location: UK Watch: n+1 Posts: 169	Sotheby’s post hammer prices include the premium and taxes. That price looks like a bizarre anomaly, unless there is something special about that specific watch. There are plenty 2017 116610LVs unsold on C24 for $25k so why is this one special?

11 January 2022, 02:22 PM	#9
jaisonline 2024 SubLV41 Pledge Member Join Date: Apr 2015 Location: USA Watch: 5 digit models Posts: 1,516	These last couple of high profile auctions are going to make the 116610LV a $30k “going rate” watch. Just stupid. However, the market will determine for how long.

11 January 2022, 02:33 PM	#11
WatchesNBlondes Banned Join Date: Dec 2021 Location: USA Posts: 270	Crazy how you can get that price at an auction site. People need to go to chrono 24 to grab it at a much lower price than that.

11 January 2022, 03:18 PM	#13
Fanny Bay R1 Banned Join Date: Jan 2022 Location: Courtenay, BC Posts: 54	That’s simply crazy, geez I know this won’t be popular but it’s the least attractive sub I own. Love it on St Paddy’s Day though!

11 January 2022, 04:36 PM	#15
majidessa "TRF" Member Join Date: Apr 2015 Location: . Posts: 391	Less iconic pieces by Rolex are being sold at higher premiums so why not the Hulk? Being the only SS Sub with a colored dial that simulate the color of the Crown !!! Crazy I know but for a discontinued model at 30K it remains a bargin in this crazy market. Sent from my SM-G998B using Tapatalk

11 January 2022, 06:37 PM	#17
Jojomojo Banned Join Date: Jan 2022 Location: Asia Pacific Posts: 99	Considering the OP41 Tiffany still has years & years of production, I'd say that Hulk was a bargain. Then again, we shouldn't underestimate extremely wealthy people just got bored & decided to put their hands up in these auctions.

12 January 2022, 12:56 AM	#21
enjoythemusic 2024 Pledge Member Join Date: Nov 2012 Real Name: Steven Location: Glocal Posts: 21,170	That's less than two BTCs, a pretty epic win for only two US bucks. __________________ __________________ ----> 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.

12 January 2022, 01:32 AM	#24
DBCooper07 "TRF" Member Join Date: Dec 2021 Location: USA Watch: 124060 Posts: 177	Things are just getting silly. If you really must piss your money away on this hype at least buy it grey for $25-30K LMAO! Save the other $20K to hire someone to slap you! Can people not google?! https://www.chrono24.com/search/inde...ccessoryTypes=

12 January 2022, 02:16 AM	#25
casadecamporolex "TRF" Member Join Date: Mar 2008 Real Name: Louie Location: CDC/FCGC Watch: 116619LB Posts: 1,327	That is pure insanity. Too many people have too much money.

12 January 2022, 04:35 AM	#30
Clydestime "TRF" Member Join Date: Jul 2021 Location: United States Posts: 39	Not a record breaking price but still noteworthy. $53,000 CHF (swiss franc) which equals over $57,000 USD. I believe this is also before buyers premium and VAT tax.[/QUOTE] Who does that? That’s so hilarious and a waste of money. Sent from my iPhone using Tapatalk

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