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20 July 2022, 02:03 PM | #451 |
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Another price drop on new panda. from 36k to 34500 bnib
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20 July 2022, 02:06 PM | #452 | |
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20 July 2022, 02:07 PM | #453 |
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Man this thread is awesome! It’s like the complete opposite of the “panda reaches 50k” thread. Where is that one guy who was the cheerleader for the panda and Tiffany dialed op?? I can’t remember his name….
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20 July 2022, 02:26 PM | #454 | |
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Quote:
Jacksonrain
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20 July 2022, 02:27 PM | #455 |
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IG: htown_horology 126710blro jubilee 116500ln white dial 126613lb 326934 jubilee/blue dial |
20 July 2022, 03:17 PM | #456 |
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I guess the pom poms are put away for now.
Incorrectly identified as “Panda” Daytonas “Going to 75K and upward!”
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WG SUB-116719 GMT MASTER II 126719 |
20 July 2022, 04:39 PM | #457 |
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20 July 2022, 05:52 PM | #458 |
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20 July 2022, 06:05 PM | #459 | |
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Quote:
You're omitting the "off the market" transactions too. In "hot" areas they can represent 20+% of completed sales. |
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20 July 2022, 07:44 PM | #460 |
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Not sure if anyone else posted this but:
Combo deal of BNIB Batman AND Black Daytona for $44.5k on Moda. |
20 July 2022, 08:02 PM | #461 |
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The old days are returning! I saw a black dial Explorer 2 (5 digit) on "moda under 10k" site for $5,600 USD just now. watch only but it looked great. as a previous poster wrote, we will see what is popular now and what is not as the unpopular designs will really plummet.
Tastes have changed relative to when I got into watches 15 years ago but not that much. I reckon DJ will do better than it used to but YM, Exp 1 and 2 (black dial), AK will take an absolute hiding. TT will be crushed. Already 5 digit TT subs are being crushed. Even 6 digit TT is dying. Broadly 5 digit will take a hiding as it isn't as crisp/flashy like new Rolex is and will appeal to far fewer people. PM rolexes are being slashed. i was thinking of selling my 5 digit gold sub but man! nobody wants to catch a falling knife. |
20 July 2022, 09:57 PM | #462 | |
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Quote:
Live footage from Moda
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20 July 2022, 10:06 PM | #463 |
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Does anyone know if Cramer is on Moda, he is calling a bottom lol
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20 July 2022, 10:14 PM | #464 |
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https://www.sothebys.com/en/buy/auct...es-9?locale=en
Worth keeping an eye on some of these if you're interested in real market values. In HKD yes, but indicative nonetheless. |
20 July 2022, 10:17 PM | #465 |
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I honestly can't wait to see what happens when the Fed hikes by 75bps next week, by another 75bps in September and when QT really kicks in!
I have spoken to multiple sources inside number of ADs! They are stuck with some professional models and don't know what to do with them (Airkings, Explorers, PM subs,...)! They don't want to just give them away to clients with no to little purchase history and they are not allowed to put them on display under any circumstances! |
20 July 2022, 10:22 PM | #466 | |
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I get the impression they are saving face to keep the people on their side instead of totally nuking everything (which sadly, kinda needs to happen) With watches in particular most greys over here (UK) are now saying that the market is starting to level out more. Still room to go down more on the popular models though. Nevertheless, people are still buying, July is a quiet month in general for them anyway. There will always be people with money to spend even in a recession and it's mostly those people who are wholly unaffected by it anyway. |
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20 July 2022, 10:35 PM | #467 | |
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20 July 2022, 10:48 PM | #468 | |
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MODA is the most efficient watch market out there, so it’s the best bellwether we have. Yes, there is a portion of the population that is more insulated to a downturn, but absolute demand (even among this portion) has and will decline - watches just aren’t as top of mind as they were 6 months ago.
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20 July 2022, 11:12 PM | #469 | |
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Quote:
это Америка мой друг.
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__________________ Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
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20 July 2022, 11:33 PM | #470 |
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Weird.My Turn-o—Graph is worth 3 times what I paid for it.
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20 July 2022, 11:58 PM | #471 |
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2021 Sub 124060, $11.8k, unsold for 12hours
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21 July 2022, 12:10 AM | #472 |
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21 July 2022, 12:18 AM | #473 |
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Big grey's still holding the line to prevent further panic. I can't imagine the floodgates that'll open once C24, Bobs, or DavidSW start reflecting actual street prices...
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21 July 2022, 12:38 AM | #474 |
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Correct. They have some months to play with, plenty of cash on reserve. They’re praying to all higher powers this corrects within the next few months otherwise when they start dropping prices significantly, it’s really going to bust wide open.
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21 July 2022, 12:48 AM | #475 |
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2022 white Daytona, brand new, Full set, sitting unsold at 34.5k
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21 July 2022, 01:44 AM | #476 |
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Brand new unsized black Daytona (card 2 days old) at 29k. Sitting.
No bottom in sight - if I could short the secondary watch market I’d be going big.
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21 July 2022, 01:49 AM | #477 | |
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This is really about to test the stomach of some of those guys who promised they were ‘truly into horology’ and bought what they loved and not chasing trends. Which I’ve said since the get go, was all a fabrication of their mind and many guys were simply enamored with owning something they couldn’t have, not what they really liked. Same ones who hated the hulk all of the sudden liked it once it was rare? That doesn’t happen because your tastes change, it happens because you’re being duped (sometimes even unknowingly by your own brain). Let’s see though! |
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21 July 2022, 01:56 AM | #478 | |
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My Exp II Polar Freccione came to me at a higher-than-MSRP price. And I'm ok with that. I'm also ok with its value dropping to near, or below MSRP. Why? Because I love watches and it's not about the monetary value - it's the intrinsic value. |
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21 July 2022, 01:58 AM | #479 | |
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Direct source is a friend who is a £1m+ spend VIP who these newly introduced (new ish CEO) rules at WoS will also apply to. |
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21 July 2022, 01:59 AM | #480 | |
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But anyhow, back to values. Black Daytona 2022, full set, brand new, $28.9k |
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