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#1 |
"TRF" Member
Join Date: Jan 2022
Location: Burbank
Posts: 233
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Current gray market for 16202st
What is the current market price for a 16202st brand new
Is it in the low 60k in the gray market? Thinking about picking one up once it hits 60k |
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#2 |
"TRF" Member
Join Date: Jan 2023
Location: USA
Posts: 814
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I recommend waiting. Pretty sure it’s already near $60k on MODA. But I expect it to reach $50k in the next 12 months.
Currently about $40k retail with sales tax in CA. With another round or 2 of price increases, I can see it go for $43-45k retail in 12-24 months. With market prices already at $60k, and trending down towards high $50s, the margins for flippers is so laughably low that demand will plummet the price further to low $50s. I think prices will stabilize at high $40s or low $50s long term, which is a very small premium over future retail price in usd. Edit: Just checked moda. Lots of people asking mid $60s since may/June lol and not moving. So I think $60k is def a fair market price. Probably even lower |
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#3 |
"TRF" Member
Join Date: Jan 2022
Location: Burbank
Posts: 233
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Oh oh oh, I like I like. Maybe I should set the goal to 50 lolllll
I called my gray dealer and he told me 70k which I thought was too high |
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#4 |
"TRF" Member
Join Date: Oct 2014
Location: Nederland.
Watch: The watch.!
Posts: 322
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I was quoted in Euros around 67K for a new one.
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#5 |
"TRF" Member
Join Date: Apr 2015
Location: EARTH
Watch: What is "watch"?
Posts: 1,099
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They’ve fallen by almost 50% from the highs.
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“UNpolished or I’m not interested” 😎 ![]() |
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#6 | |
"TRF" Member
Join Date: Jan 2023
Location: USA
Posts: 814
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Quote:
but yea I recommend you wait until prices fall further |
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#7 |
"TRF" Member
Join Date: Dec 2019
Location: USA
Posts: 2,079
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I wouldn’t let mine go for 70..
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#8 |
"TRF" Member
Join Date: Apr 2020
Location: Orange County
Posts: 1,801
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2019, right before covid, 15202 was trading around 38k. Of course, retail was significantly lower back then and times have changed, but I think prices will continue to revert to the main trendline. Agree that it’ll probably settle in the mid $40k range in the next year or so
__________________
AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1 |
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#9 | |
"TRF" Member
Join Date: Apr 2015
Location: EARTH
Watch: What is "watch"?
Posts: 1,099
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Quote:
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“UNpolished or I’m not interested” 😎 ![]() |
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#10 | |
"TRF" Member
Join Date: Mar 2019
Location: San Francisco
Posts: 2,971
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Quote:
If it reverts back to mid 40s I can finally pull the trigger on the 16202 - that would be amazing Sent from my iPhone using Tapatalk |
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#11 |
"TRF" Member
Join Date: Jul 2022
Location: Milky Way
Posts: 181
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It’ll never get that low. AP is going to limit production to keep it a unicorn. I haven’t seen a TS have one of these in quite some time.
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#12 |
"TRF" Member
Join Date: Aug 2022
Location: Switzerland
Posts: 490
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#13 |
"TRF" Member
Join Date: Oct 2019
Location: Asia
Posts: 29
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Jumbo is used to retain boutique buyers in building their 5 watches collection..
If Jumbo falls below retail, then the game falls apart. Normal RO will be severely below retail if that is the case. It may happen, but not so soon, as there is still a lot of easy money in the market. A trigger like the absolute collapse of the stock market will be needed. |
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#14 | |
"TRF" Member
Join Date: Jan 2023
Location: USA
Posts: 814
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Quote:
What’s TS? Trusted seller? There are several on moda sitting for months at mid 60s as previously mentioned. |
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#15 | |
"TRF" Member
Join Date: Jul 2022
Location: Milky Way
Posts: 181
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#16 |
"TRF" Member
Join Date: Apr 2010
Location: Europe
Posts: 412
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Retail price is already crazy high. Bought mine (15202) in 2017 for 18k eur. It is beautiful watch with ideal proportions and tons of history but dont think its worth anywhere near 50k plus. Although agree it will be difficult to expect it will go below retail any time soon but some 30, 40 perc premium may be reasonable. It is only AP you will ever need plus some fun offshore.
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#17 |
"TRF" Member
Join Date: Nov 2016
Location: Finland
Posts: 636
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IMO seems to go up and down with the SS Nautiluses and Daytonas. A 100% premium seems okayish and would personally still not part ways with mine.
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#18 |
2024 Pledge Member
Join Date: Mar 2015
Location: USA
Watch: Rolex/AP/PP/ALS
Posts: 6,000
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I don’t think 16202st will ever go below $50k.
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Rolex: 116621, 126333, 126711CHNR, 114060, 116500LN White, 126660 JC, 126710BLNR, 126710BLRO, 116610LV, 126610LN, 126610LV, 116508 YG Green Dial, 124300 Turquoise, 126719BLRO Meteorite dial, 228235 Olive dial ,126755SARU, 116505 RG Black dial, 326934 Blue Sky D. AP: 15451ST Blue, 15500OR w/Bracelet, 14790SA, 14790BA, 26022BC(Salmon) PP: 5524R, 5712G, ALS: Time Zone 136.032, Cartier: WGSA0030, WSSA0061, YG Oct. 2965, Carree 2961, YG Carree, Tank W5000156 Breguet: 7137BA, MontBlanc: 109996" |
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#19 |
"TRF" Member
Join Date: Mar 2019
Location: Hillsborough
Posts: 743
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I expect over time 15202ST will be worth more than the 16202st. The 15202ST will be like the Porsche 993, last of the air cooled. 15202ST, last of the AP 2121.
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#20 |
"TRF" Member
Join Date: Feb 2014
Location: Boutique
Posts: 30
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I don’t know, I could see that among enthusiasts but the modern person would never want a 15202 if they could have the 16202. I personally never cared enough for the quicker date set function since it’s not a complication.
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#21 |
"TRF" Member
Join Date: Mar 2023
Location: Swiss
Posts: 22
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You will care once you see it's a nightmare to change the date.. I don't know if it worth +10k, but the mouvement is overall nicer on the 16202.
I really don't see it going under 50/55k anytime soon, the number of wealthy people should grow very fast in the coming few years (according to a few forecasts), so I am not really worried for brans like AP, as well as grey market. |
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#22 | |
"TRF" Member
Join Date: Mar 2019
Location: Hillsborough
Posts: 743
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#23 |
"TRF" Member
Join Date: Jan 2019
Location: San Francisco
Posts: 302
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#24 |
"TRF" Member
Join Date: Mar 2011
Real Name: B.
Location: Beverly Hills, CA
Posts: 3,507
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It really isn't, you can turn back and forth from 10 to 2 to quickly set the date. Or just get a winder.
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Richard Mille RG RM030 || Richard Mille RM72ti || AP 26240 50TH Green Royal Oak Chrono || AP Royal Oak Off Shore Gulf Blue 26238 || AP Royal Oak Blue JUMBO SS 15202ST || AP ROO Diver Green 15720ST || ♕ Rolex Platinum Daytona Diamond 116506 || Cartier Santos |
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#25 | |
"TRF" Member
Join Date: Oct 2019
Location: Asia
Posts: 29
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Quote:
It seems people are just regurgitating comments from others vs actual experience. If you own a 15202 and not use the semi quick set feature then whyyyy??? It’s in the manual for god sake. |
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#26 | |
"TRF" Member
Join Date: Mar 2019
Location: Hillsborough
Posts: 743
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Quote:
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#27 | |
"TRF" Member
Join Date: Jun 2013
Real Name: Stephen
Location: UK
Watch: AP
Posts: 2,620
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#28 | |
"TRF" Member
Join Date: May 2012
Real Name: Gareth
Location: Surrey, UK
Watch: AP/Rolex
Posts: 2,220
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Quote:
No issue here with my 16202ST however ![]() |
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#29 |
"TRF" Member
Join Date: May 2016
Location: NE
Posts: 2,865
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The non-quick set date is a non-issue. It actually adds charm to the whole watch and gives it a vintage feel. I have the winding tool but dont use it as it is easy enough with 10-2 method and doesn’t take very long.
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#30 |
"TRF" Member
Join Date: Dec 2023
Location: San Francisco
Posts: 2
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I've also been looking at both the 16202 and 15202, the traditional quick set vs. the 10 to 2 "quick set" doesn't bother me (at least I don't think it would), but I would like to get the opinion of those who own either or tried on either (preferably both) on the size, comfort, and flexibility of the bracelet. Based on this picture (pulled from a YouTube comparison video, hope I uploaded correctly, 1st ever pic on this Forum), the 16202 (on the right) has a much more flexible bracelet and ability to compress that might fit smaller wrists better. I have a smallish wrist at just under 7 inches, and worry about how each would wear (as ROs seem to wear larger than the stated size). I went to the South Coast Plaza AP Boutique and tried on what they had at the time (no 16202 to try), 37mm RO, 38mm RO Chrono, and 41 RO Chrono, and the 37mm and 38mm felt just about right, but the 41 Chrono seemed huge (perhaps also due to the thickness).
Any thoughts on the bracelet and wearability comparisons would be greatly appreciated! |
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Currently Active Users Viewing This Thread: 2 (1 members and 1 guests) | |
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