Prices slump by up to 50% for discontinued Rolex watches (Watchpro)

[ClocksCarsandCarbine]

Originally Posted by Etschell

model is now a dog for resellers. in fact it was the HYPE a few years ago but now it is the yellow gold that is the hottest model.

i am not saying the model is a dog. it is a nice watch hope you are enjoying it.

I don't disagree -- I have been watching grays try to relist over and over but unwilling to move on price. They got in at too high of a price, simple as that.

I'm not looking to flip, so essentially MSRP + tax was perfect for me since they are hard to come by out of the coffin. Super happy, wears wonderfully, and it will eventually make it to my kids

[kopi-c]

Originally Posted by Etschell

rolex prices are down 2% in the last 30 days and 41% from the peak.

looks like the sell now being proffered by 2ndary resellers is "buy the hype model of GMTs, daytona SS and skydweller blue."

the rest of the models are only LISTING at MSRP plus tax combined.

it's over. slow bleed rest of the year. it will never be back to a 29k ss blro or a 52k white ss daytona. now when i mean never in 50 years with inflation maybe.

good to hear the hype surrounding Rolex is slowly coming to an end. they make nice watches, but not worth paying over MSRP!

[Rickkk]

Originally Posted by HMHM

Would be good to see which grey dealers are highly leveraged and now going to be burnt to the ground…..

Whoever paid these prices need their heads checked

[JRedford]

Karma always wins.

[chris242]

White dial 116500 -1 link just listed for $25,200🫣 on Moda


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[digitalcrocodile]

Originally Posted by chris242

White dial 116500 -1 link just listed for $25,200🫣 on Moda


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This. https://davidsw.com/shop/watch/rolex...black-dial-58/

[GB-man]

That one on moda is watch only and shows wear. The 116520 David has is a better buy for my tastes.

[GGGMT]

I believe prices have hit rock bottom and are now rising again.


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[psm11]

Originally Posted by GGGMT

I believe prices have hit rock bottom and are now rising again.


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My intel says we won’t hit rock bottom until next Sunday around 10a PST!


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[GGGMT]

Originally Posted by psm11

My intel says we won’t hit rock bottom until next Sunday around 10a PST!


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Ah my guy, psm11! I figured we’d still be lurking around this old thread! I’m going with your intel! Better than mine, which is straight outa my wind tunnel


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[amh]

Originally Posted by GGGMT

I believe prices have hit rock bottom and are now rising again.

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No and No.

[GGGMT]

Originally Posted by amh

No and No.

You sure? I have forensic evidence.


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[jokerjacket]

Definitely more room to fall.

[banzrs311]

Thoughts on pulling the trigger on black 11650ln. I’m thinking a few more weeks to new at 25k. Currently asking 28


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[sski]

Originally Posted by banzrs311

Thoughts on pulling the trigger on black 11650ln. I’m thinking a few more weeks to new at 25k. Currently asking 28


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I'd put in offers @ $25K if I were you (provided you're comfortable to purchase at that amount,) just bid and see how it goes (also-- don't be surprised if it works out, and you have a deal.)

[ThatOtherGuy7]

Originally Posted by banzrs311

Thoughts on pulling the trigger on black 11650ln. I’m thinking a few more weeks to new at 25k. Currently asking 28


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To each his own but I don’t think the black dial Daytona is worth $25K. Heck, I wouldn’t pay over $20K for either the black or white. After waiting 2+ years for a white dial, my lust for a Daytona has diminished a bit. Now I feel that it’d be great to get one close to MSRP but if not, then so be it. I ain’t paying that much over MSRP.

[sski]

Originally Posted by GGGMT

You sure? I have forensic evidence.


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this forensic evidence better be backed by immutable xrays, xerox, some xanax!

[GGGMT]

Originally Posted by sski

this forensic evidence better be backed by immutable xrays, xerox, some xanax!

Now that is funny!


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[banzrs311]

Originally Posted by ThatOtherGuy7

To each his own but I don’t think the black dial Daytona is worth $25K. Heck, I wouldn’t pay over $20K for either the black or white. After waiting 2+ years for a white dial, my lust for a Daytona has diminished a bit. Now I feel that it’d be great to get one close to MSRP but if not, then so be it. I ain’t paying that much over MSRP.

A fair point. I’ve been waiting for more than a year to secure the most basic of Rolex models and no luck. I’ve even spent on some jewelry for the Mrs. I’ve already gone gray on a GmT. I figure I’d get laughed out of the store to be on the list for a Daytona. Hence why I’m seeing the market change and wondering if now is the time


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[banzrs311]

Originally Posted by sski

I'd put in offers @ $25K if I were you (provided you're comfortable to purchase at that amount,) just bid and see how it goes (also-- don't be surprised if it works out, and you have a deal.)

Appreciate the input, def worth a shot I think!


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[Radbloke]

Originally Posted by banzrs311

Thoughts on pulling the trigger on black 11650ln. I’m thinking a few more weeks to new at 25k. Currently asking 28


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I assume you mean 116500LN? If so, $25k is too much. They're currently sitting at $24k and dropping. Do not pay that much for a daytona unless it's made of gold.

[banzrs311]

Originally Posted by Radbloke

I assume you mean 116500LN? If so, $25k is too much. They're currently sitting at $24k and dropping. Do not pay that much for a daytona unless it's made of gold.

Yes correct, apologies. I was hoping to find a NIB, no luck finding anything under 26k. Where are you seeing 24k?


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[In-N-Out]

No one should be buying now. Market will get only softer and softer for the next 12 months

[Rickkk]

Originally Posted by In-N-Out

No one should be buying now. Market will get only softer and softer for the next 12 months

That’s like saying don’t buy the iPhone 15 cos it’ll drop in a year. Well of course it will. These things are meant to be worth more than rrp anyway. Buy what you want when you want and don’t be afraid to negotiate

[soicanbefree]

Originally Posted by In-N-Out

No one should be buying now. Market will get only softer and softer for the next 12 months

I agree that nobody should be buying anything modern that is essentially a commodity watch.

Anything vintage, rare, one off is a different story.

[Radbloke]

Originally Posted by banzrs311

Yes correct, apologies. I was hoping to find a NIB, no luck finding anything under 26k. Where are you seeing 24k?


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Moda. If you really have your heart set on a 116500, my strong suggestion would be to wait. Although this model is technically superseded, the 12 series haven't really hit the streets yet. Once they do, the 11 series will continue to drop, and hard. Have a look at the 11 series Subs for reference. The hype dogs don't like an old model.

[Auric Goldfinger]

Originally Posted by amh

No and No.

Surprised to see your tune has changed. I remember when you were the biggest advocate of pricing hardly dropping last summer.

[T3rmina1]

Watch only Batgirl 126710BLNR on jubilee just sold on Moda for $13.85

[Radbloke]

There seems to have been a pretty significant price drop across the board over the last week.

[psm11]

Originally Posted by Radbloke

There seems to have been a pretty significant price drop across the board over the last week.

Co worker of mine got a Batman from AD in LA last week. Was his first piece and only waited 2-3 months. Note he was introduced by his friend to AD. friend had some purchase history but nothing crazy. Not sure if it’s getting easier at AD but prices def going down still


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