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Yesterday, 01:41 PM | #1 |
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PM Sports Models below MSRP
With the new state of affairs.
There are models of PM pieces (as well as most day dates) that are trading below retail Namely the rose Gold GMT and white gold Daytona (baby leman) ( attached picture), yellow and white gold Subs. I wonder if ADs will start viewing these as bundle pieces before a more favourably pieces Or we will start seeing more go out the side door to grey dealers directly. In region, the game is either implied sales bundling; although with lower premiums on hot allocation pieces, this doesn’t really make sense anymore Or there are also ADs that will sell pieces at grey market prices through the back door. I wonder if these ADs will eventually start offering discounts matching prices on the market What do you guys think? Sent from my iPhone using Tapatalk |
Yesterday, 02:03 PM | #2 |
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They traded for a premium for a very short period of time.
Personally I like the aesthetic of some PM but at PM prices there are many other watches I’d rather own. |
Yesterday, 02:57 PM | #3 |
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I get offered PM pieces every week by one of the ADs I work with. They haven't budged off full retail + tax.
My understanding is the holidays are around the corner and they are hoping they will hold and eventually move inventory before the end of the year. |
Yesterday, 03:03 PM | #4 |
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On the grey front my grey go to has informed me bundling of desirable pieces continues to occur out the "back door" with with many ADs.
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Yesterday, 03:22 PM | #5 | |
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Quote:
How do you mean ‘work with ‘ ? Do you work in an AD ?
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Owner of a 116520 White APH dial a black dial 126500 Daytona and a 2021 Black no date Sub |
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Yesterday, 03:39 PM | #6 |
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Yesterday, 04:12 PM | #7 |
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There are some people that probably want the PM and not the hype pieces. I’d rather go through an AD instead of Grey. People also have a preference on that as well. The same person may want to only deal in the grey market instead of an AD. Everyone has their own preference.
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Yesterday, 04:41 PM | #8 |
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I suppose eventually we will see most PM pieces available at 10-15% discount from ADs.
I have heard from a friend that his AD 'encouraged' him to buy slow moving PM pieces in order to obtain his desired SS references quicker. |
Yesterday, 05:13 PM | #9 |
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Pre covid 30% off was doable grey. Soon we will be there again I believe.
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
Yesterday, 06:27 PM | #10 |
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Yesterday, 07:33 PM | #11 |
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Yesterday, 11:16 PM | #12 |
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Based on my observations and speculation I believe we will see the market hold or adjust slightly one way or another through the holidays. Once on the other side of the new year we could see something of a bounce depending on the economy both ways.
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Yesterday, 11:26 PM | #13 |
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Truer words were never spoken.
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Today, 12:35 AM | #14 |
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We call that a fog
You sound like a politician. Saying all the right words, but meaning nothing.
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Today, 12:37 AM | #15 |
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Today, 12:56 AM | #16 |
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Oy, this sounds just like Wall Street bs.
"The market was soft in the morning as investors focused on the latest unemployment numbers but then picked up mid afternoon as the lack of news about the middle east war expanding emboldened traders heading into the weekend."
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Today, 01:46 AM | #17 |
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Today, 02:55 AM | #18 |
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PM does not = Platinum
Platinum is a silvery metallic chemical element, a member of the six transition elements in Group VIII of the periodic table known collectively as the platinum metals (ruthenium, rhodium, palladium, osmium, iridium, and platinum). Platinum has the symbol Pt, its atomic number is 78, and its atomic weight is 195.09. The name is derived from the Spanish platina, meaning "silver."
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Today, 11:32 AM | #19 |
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I think PM discounts on new models are a thing of the past. Just IMHO.
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16618 126710BLRO 116500 LN (White) 228235 228239 SBGK002 |
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