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

[Radbloke]

Originally Posted by psm11

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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That's good to hear. At this point there's only really a few select sports models that are trading above retail, and they are all trending down. Big time.

PM sports models (apart from platinum daytonas) are absolutely tanking.

One could say that it may in fact be happening.

[watchnwine]

I've been watching Neo-vintage subs and 14060m's seem to have dropped by a noticeable amount in the last couple weeks (down $500-$1000)... interesting.

[Radbloke]

Originally Posted by watchnwine

I've been watching Neo-vintage subs and 14060m's seem to have dropped by a noticeable amount in the last couple weeks (down $500-$1000)... interesting.

As the last models to be pulled up by the hype, the 5-digit models are being absolutely smashed back into reality. It will be great for the collectors out there if they get back into the $5-7k range, which is really where they belong.

[T3rmina1]

2 completely new Batgirls with full sets sold on Moda by different sellers for 16.5

[mquarter]

Originally Posted by Radbloke

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

Such as which references?

[Radbloke]

Originally Posted by mquarter

Such as which references?

Almost all of them, except for the platinum daytona.

[Radbloke]

A quick skim of recent asking prices:

126610LV Submariner - 2022 mint full set, asking $14,500
124060 Submariner - 2022 mint full set, asking $11,100 (a 2020 model just sold for $10k)
126600 Sea Dweller 43 - 02/2023 light scratches, asking $12,700
126710VTNR GMT on jubilee - 2023 full set, asking $19,000. Sitting for over 2 days. (a watch-only VTNR on jubilee sitting at $16,900 for over a day.)
116500LN daytona white dial - 2022 full set, asking $29,250. Sitting for 3 days.
116500LN black dial - 2021 watch and card, asking $24,00. Sitting for 4 days.
126610LN Submariner - 2022 mint full set, asking $12,600.

All of these watches have been sitting at the above prices for hours, if not days. I can guarantee any prices paid to move these pieces will be below the asking value.

[slim]

Originally Posted by soicanbefree

Are there any real end users in this hobby or just dealers passing back and forth?

15503BC White Gold Blue Dial AP Japan edition continues to endlessly pop up and the price line of 87-88K is crumbling.

Now we have a case of two sellers who either just mean it's /300 or don't realize they are implying it's unit 1 of 300 on both of the two most recent postings.

Seller 1 for 79.5 ... posted 3 hours ago.
Seller 2 for 82.9 ... posted 11 hours ago.
Seller 3 for 84.6 ... posted 1 day ago.
Seller 4 for 87.0 ... posted 2 days ago.
Seller 5 for 87.0 ... posted 6 days ago.
Seller 6 for 88.0 ... posted 12 days ago.

6 different sellers and none marked sold last two weeks.

One of these sellers has posted and marked it sold 3 out of 6 total sales posts over the last few months. Is this really selling? Is he really on his 4th unit /300 of this watch?

Potentially the same piece still on the market looking for a home...

https://www.europeanwatch.com/watch/...dit-49086.html

[rushca01]

I was offered 15.5 on a 2023 BLNR on oyster, watch and original warranty card only (no box).

[messikens]

Any price ideas on the following would be very much appreciated:

126610LV
26240ST (blue or green dial only)

On a side note it seems prices are absolutely crumbling esp for APs. The 26420s in black are now offered for mid-30s even on Chrono24 vs 42k + tax retail... That's a solid 13k discount!

[T3rmina1]

Originally Posted by rushca01

I was offered 15.5 on a 2023 BLNR on oyster, watch and original warranty card only (no box).

New full set oyster BLNRs are going for 15.5 on Moda now

[rushca01]

Originally Posted by T3rmina1

New full set oyster BLNRs are going for 15.5 on Moda now

Thanks for the intel. So not as great a deal as I thought.

[Vince_76]

Originally Posted by messikens

Any price ideas on the following would be very much appreciated:

126610LV
26240ST (blue or green dial only)

On a side note it seems prices are absolutely crumbling esp for APs. The 26420s in black are now offered for mid-30s even on Chrono24 vs 42k + tax retail... That's a solid 13k discount!

New?!

[Radbloke]

Originally Posted by rushca01

Thanks for the intel. So not as great a deal as I thought.

Well, they're listing on moda for $15.5. You can bet they'll be selling for less than that.


Black dial mint 2019 116500 daytona, complete set just sold for $22.9.

The market is only going 1 way.

[messikens]

Originally Posted by Vince_76

New?!

Latest black dial is 38k looking unworn....

[Vince_76]

Originally Posted by messikens

Latest black dial is 38k looking unworn....

Yeah. I haven’t been tracking as closely as before but definitely see a significant drop.

Really want a 15510/26240 from AD. Hope this makes it easier

[Pablito]

Originally Posted by messikens

Latest black dial is 38k looking unworn....

Where? I've just checked C24 and already listed new SS reference but obviously not in stock and all price on request... Grey's are all in their starting blocks

[Pablito]

Originally Posted by T3rmina1

New full set oyster BLNRs are going for 15.5 on Moda now

On C24 you can already find cheaper

https://www.chrono24.fr/rolex/gmt-ma...id30469975.htm

[soicanbefree]

15503BC /300 listed 8 hours ago asking 76K "steal it for"

"wow crushing the market this will fly."

"bump still available"

[watchnwine]

Just today I've noticed a couple bundled deals. One was two 14060s together and another was a BLRO bundled with a Batgirl... seems a little desperate to move some units? I'm a waiting buyer so hopefully we see some panic and we finally find some rational prices.

[ThatOtherGuy7]

I look forward to the day where we see some sports models in the cases for sale and that ADs are happy that people are visiting the store vs practically begging to spend our money. Could do away with the smugness.

[GB-man]

Originally Posted by soicanbefree

15503BC /300 listed 8 hours ago asking 76K "steal it for"

"wow crushing the market this will fly."

"bump still available"

I’ll buy everyone here drinks if we never mention that dog again lol I’m so sick of seeing it on my Facebook feed then I come here and it’s being discussed as well. It’s the Travis kelce of watches.

[Bpharma93]

Originally Posted by watchnwine

I've been watching Neo-vintage subs and 14060m's seem to have dropped by a noticeable amount in the last couple weeks (down $500-$1000)... interesting.

Got my two liner - mint condition for 8000 box papers and rsc in 2023

[iliketime]

ill keep waiting, im patient.

[Rickkk]

Originally Posted by iliketime

ill keep waiting, im patient.

Been waiting since 2020? If so, that’s probably not gone too well huh?

[Coolcamden]

Originally Posted by soicanbefree

15503BC /300 listed 8 hours ago asking 76K "steal it for"

"wow crushing the market this will fly."

"bump still available"

Just saw a New? Same? One listed for 81.

[messikens]

Originally Posted by messikens

Any price ideas on the following would be very much appreciated:

126610LV
26240ST (blue or green dial only)

On a side note it seems prices are absolutely crumbling esp for APs. The 26420s in black are now offered for mid-30s even on Chrono24 vs 42k + tax retail... That's a solid 13k discount!

Don't let me down guys....

[kopi-c]

Originally Posted by Rickkk

Been waiting since 2020? If so, that’s probably not gone too well huh?

You must have paid over MSRP for a rolex, and well done supporting the grey dealers.

[psm11]

Originally Posted by kopi-c

You must have paid over MSRP for a rolex, and well done supporting the grey dealers.

You mean he took the cheaper route and avoided all the AD BS? Smart move.


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[bmwsubmariner]

Originally Posted by Radbloke

Well, they're listing on moda for $15.5. You can bet they'll be selling for less than that.


Black dial mint 2019 116500 daytona, complete set just sold for $22.9.

The market is only going 1 way.

That’s positive, for me, regarding that Daytona. Even if a reputable gray dealer puts it out there for $25k, that is getting to a much more reasonable position. Thanks for sharing.