Milgauss gv

[MAINEZX10]

How many of you remember when the MG GV first came out? It was impossible to find. They were selling for $13K-$16K. Feel for the guys how bought them at premium back then. Slowly the came available and premium was gone. Opinions on why it did not hold its premium.

I was able to purchase a used Y series white dial Daytona from my AD at the time. The AD took it in on trade for a MG GV, from a big client. I would imagine his client regrets that trade.

[28mm]

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Originally Posted by MAINEZX10

How many of you remember when the MG GV first came out? It was impossible to find. They were selling for $13K-$16K. Feel for the guys how bought them at premium back then. Slowly the came available and premium was gone. Opinions on why it did not hold its premium.

I was able to purchase a used Y series white dial Daytona from my AD at the time. The AD took it in on trade for a MG GV, from a big client. I would imagine his client regrets that trade.

I do. I bought it in 2009! I also remember them being hard to get. I have to check my receipt to see if I got a discount on it back in the day! now I'm curious.

Why did it not hold it's premium? If I had to guess it was just pure speculation same as when the 16622 was released in 1999. I don't have to find the receipt to remember there were no discounts on that one. But it never did spike the way the Milguass did. I don't believe the Platinum Yachtmaster in 1999 ever saw a spike in price anything like the Milgauss did in 2009.

Not sure what list price was but found the receipt! List price at the time was $6575.

[Old Expat Beast]

Speculation and greed. It was one of the first over-hyped new models, maybe because Rolex promoted it as an anniversary model. Bought mine in 2013 for about 20% off retail, just because I liked it. Sold it a few years ago for what I paid for it, and now it could be sold for much more. Sold it to a nice guy, though, so it's all good.

[j-hill]

I had understood when the Milgauss GV was first released that it was an anniversary model and would be produced for a limited time. I think that was the impetus for the demand. I would also say it was one of the first quirky models with its green-edged glass and the re-introduction of the orange lightning bolt second hand. Since then, we have had some other watches that are non-traditional (grape, turquoise, etc), but I think the Milgauss GV was among the first modern Rolex models to appeal to buyers wanting a different looking Rolex.

[harvey]

I bought mine December 2008 for £3600 ish from the AD. I think the VAT was 15% if remember correctly.

They were going for between 7-10k as apparently Rolex was having trouble making the green sapphire glass. All of which was utter nonsense of course. That was the first time I saw the rumour mill affecting price.

[HogwldFLTR]

Hey, they're currently going for over $10 -14K so they aren't cheap. I bought mine a couple of years ago from the AD at MSRP; I love the watch. IIRC they just took a big price increase for MSRP as well.

[MAINEZX10]

Originally Posted by j-hill

I had understood when the Milgauss GV was first released that it was an anniversary model and would be produced for a limited time. I think that was the impetus for the demand. I would also say it was one of the first quirky models with its green-edged glass and the re-introduction of the orange lightning bolt second hand. Since then, we have had some other watches that are non-traditional (grape, turquoise, etc), but I think the Milgauss GV was among the first modern Rolex models to appeal to buyers wanting a different looking Rolex.

I remember hearing it would be a limited production watch. I purchased one in 2008 with the hope of that to be true. Was not true

[MAINEZX10]

Originally Posted by HogwldFLTR

Hey, they're currently going for over $10 -14K so they aren't cheap. I bought mine a couple of years ago from the AD at MSRP; I love the watch. IIRC they just took a big price increase for MSRP as well.

I sold my mines in 2019 for $7200. I should of waited. It was a 2008 V series BNIB. Sold it here on TRF.


https://www.rolexforums.com/showthread.php?t=661697

[HogwldFLTR]

Originally Posted by MAINEZX10

I sold my mines in 2019 for $7200. I should of waited. It was a 2008 V series BNIB. Sold it here on TRF.


https://www.rolexforums.com/showthread.php?t=661697

That's one of the issues with speculation; I only buy watches I want to wear. Then it's not such an issue as if it were just kept in a safe hoping to turn a buck. I got tired of having too many watches and traded them in on a Platona at about same time. That's worked out reasonably well.

[rominvicta]

I bought mine in 2008 with a discount of roughly 20%. It was around 3000 eur at that time.

[Sprezzatura!,]

Looking for one at the moment, from an AD hopefully.

[JUSTIFIED]

I bought one in 2010. It was my first Rolex. Can't recall the price. Maybe $7k. Sold it a few years later. Wish I hadn't.

[MAINEZX10]

Originally Posted by HogwldFLTR

That's one of the issues with speculation; I only buy watches I want to wear. Then it's not such an issue as if it were just kept in a safe hoping to turn a buck. I got tired of having too many watches and traded them in on a Platona at about same time. That's worked out reasonably well.

I loved the watch at first. It was a very comfortable watch. Sold the GV and a black dial to fund another watch.