(As today 6-7-19) Hulk price at all time high .....??

[bazin]

****
The Kermit overrules the Hulk price wise new/2nd hand by far.............

51,762 € ........( $ 59.000,-)

44,800 €

42,000 €

https://www.chrono24.com/search/inde...goal_suggest=1

[SL BRABUS]

Originally Posted by AK797

I've been singing the Octopussy theme song non-stop for the last two years...

https://www.youtube.com/watch?v=bFurkDf6WXg

One of the BEST 007 Bond soundtrack....

[SL BRABUS]

Originally Posted by kwingy

Watchfinders are the worse example of the grey market.

They offered my friend £8750 for a 2017 Hulk in mint condition full set....and they will sell it in excess of £13k. Greed at its highest level.

£8750 equal to 11,147 US dollars....

Not bad for wholesale price if you want to flip it in a seconds.....

Then of course you could sell it for more, if you sell it yourself at a reasonable price...

[yanks995]

I was in japan last month and expressed my shock about the price of Hulk to the grey dealer. Her answer was dont worry the chinese will still buy them.

[Xtralarg]

Compared to a 5711 secondary price the hulk is cheap, so is the 116500. So, where can these prices go? Who knows, but there is a possibility that they may continue to rise a lot more.

If I didn't own a hulk and it was my grail, I'd do 2 things, get busy trying to source one from an AD and buy a grey one now. If by a miracle an AD comes up with the goods then keep it and pass your grey one on.

When this model is discontinued it's only going one way.

[Al1969]

Originally Posted by travisb

Such a turn off.

Right there with you.

[superstarmar]

I guess some people have nothing better to spend their extra
curricular $$$ or hard earned $$$ on than 2X’s retail prices
for stainless steel watches !!!! Feeding the frenzy and harvesting the
MADNESS is not something I pay patronage too ...

Wisdom fly’s out the window in the face of
“ The Rolex SS Sports Model Mochine “ .... I reckon

[peterpl]

Originally Posted by kwingy

Watchfinders are the worse example of the grey market.

They offered my friend £8750 for a 2017 Hulk in mint condition full set....and they will sell it in excess of £13k. Greed at its highest level.

Yep - I had the exact same experience with them and many other dealers.

I dare someone to go try sell their LV. Your gonna get low balled bigtime and the grays going to make an absolute killing.

Everyone thinks they can make money in this game until they try to sell and the margins are nowhere near what they might think they are.

[Harry-57]

Originally Posted by Xtralarg

If I didn't own a hulk and it was my grail, I'd do 2 things, get busy trying to source one from an AD and buy a grey one now. If by a miracle an AD comes up with the goods then keep it and pass your grey one on.

I didn't, it was, and I did. Apart from the AD bit, because no one would put me on a list.

In the unlikely to impossible event that my AD suddenly had a hot model and for some reason offered it to me, I would grab it and flip it for a grey
SS Sky Dweller or Pepsi. Or maybe use it on the grey market to get me part way to a Smurf.

It's like being handed money for essentially nothing. If you've got the admission price. Silly, greedy, and sadly the most effective way of working the market as it currently is, if you can't get listed for a grail or don't want to wait for years.

[Xtralarg]

Originally Posted by Harry-57

I didn't, it was, and I did. Apart from the AD bit, because no one would put me on a list.

In the unlikely to impossible event that my AD suddenly had a hot model and for some reason offered it to me, I would grab it and flip it for a grey
SS Sky Dweller or Pepsi. Or maybe use it on the grey market to get me part way to a Smurf.

It's like being handed money for essentially nothing. If you've got the admission price. Silly, greedy, and sadly the most effective way of working the market as it currently is, if you can't get listed for a grail or don't want to wait for years.

[mr_gray]

Originally Posted by peterpl

Yep - I had the exact same experience with them and many other dealers.

I dare someone to go try sell their LV. Your gonna get low balled bigtime and the grays going to make an absolute killing.

Everyone thinks they can make money in this game until they try to sell and the margins are nowhere near what they might think they are.

amen to this. you'd think the 116610LV or any Rolex would be incredibly easy to sell within cooee of prices posted on here. not so much in my experience. everybody wants a bargain and greys want it free. hard to imagine how difficult it is moving other "softer" brands.

[bigfatpauli]

Originally Posted by Soultime

I am beginning to think this forum has a lot of (mostly) newly registered contributors talking up prices.
The term pump and dump comes to mind more and more frequently.

I see why Padi56 has taken a step away.

I wonder: how much of an impact does? I mean what percentage of LV buyers/owners are on here and impacting the price?

I suspect a very small percentage of the over all LV's are ever listed here and the vast majority go though dealers. I have a feeling that TRF flows with the tide rather than dictate it.

Obviously the scarcity of these watches is impacting the price, but are they making fewer of them then they did when the Hulk was first released? Has supply shrunk or is this a result of demand rising?

My honest opinion the rise of Chinese wealth has created a HUGE new market demand for these and that's probably the single greatest factor. My wife manages an international luxury brand and the push now it to get Chinese sales associates everywhere their product is sold because the Chinese client base is so big and important. They are catering to that customer both in their marketing (using WeChat vs other social media platforms) and in their service (Mandarin speaking associates).

China, I feel, will only have more years of prosperity and growth in their future so that market isn't going to go away and as a result, demand will continue to grow.

I have a feeling that if you call WatchFinder and ask to speak to someone in Mandarin, they will be very well equipped to accommodate.

[Watchdaytona]

Originally Posted by kwingy

Watchfinders are the worse example of the grey market.

They offered my friend £8750 for a 2017 Hulk in mint condition full set....and they will sell it in excess of £13k. Greed at its highest level.

What's surprising about this? They are in the business to make money. I still can't see the appeal in a green watch and I love a starburst watch, silver, blue, look amazing.

[SL BRABUS]

Originally Posted by peterpl

Yep - I had the exact same experience with them and many other dealers.

I dare someone to go try sell their LV. Your gonna get low balled bigtime and the grays going to make an absolute killing.

Everyone thinks they can make money in this game until they try to sell and the margins are nowhere near what they might think they are.

What is the price quote you got from individual low baller and grays market....??

And what price do you expect form them to pay for your Hulk if you were to sell it to them....?? Meaning what you think is the fair offer....??

[cdmorenot]

The Hulk was gorgeous and absolutely the best watch for the money ... back when I bought it three times under $8K

Anything above $10K for this watch is just plain stupid.


Sent from my iPhone using Tapatalk

[peterpl]

Originally Posted by SL BRABUS

What is the price quote you got from individual low baller and grays market....??

And what price do you expect form them to pay for your Hulk if you were to sell it to them....?? Meaning what you think is the fair offer....??

Well from past experience trading watches the gray would make around 10% profit on each trade.

Lets just say its over 20% now their profit margins. Trust me no-one is making money flipping used LVs. If you can get a BNIB at msrp and flip it you will make some coin but used prices no gray is going to offer anywhere near their asking.

[Boaters]

It is crazy love the watch but would never get in at these prices.

[SL BRABUS]

Originally Posted by kwingy

Watchfinders are the worse example of the grey market.

They offered my friend £8750 for a 2017 Hulk in mint condition full set....and they will sell it in excess of £13k. Greed at its highest level.

Originally Posted by SL BRABUS

£8750 equal to 11,147 US dollars....

Not bad for wholesale price if you want to flip it in a seconds.....

Then of course you could sell it for more, if you sell it yourself at a reasonable price...

Recap......^^^.....

Originally Posted by peterpl

Well from past experience trading watches the gray would make around 10% profit on each trade.

Agree & true.....^^^....

Originally Posted by peterpl

Lets just say its over 20% now their profit margins.

Agree & true....^^^.....

Originally Posted by peterpl

Trust me no-one is making money flipping used LVs. If you can get a BNIB at msrp and flip it you will make some coin but used prices no gray is going to offer anywhere near their asking.

Disagree on no one making money on flipping a used Hulk.....

kwingy just giving us an example that he got a offer by Watchfinders of £8750 equal to 11,147 US dollars for his used 2017 Hulk..... That is over 23% profit if he were to buy it at retail price in 2017 for 9050 US dollars....

But if he were to buy it at a premium in 2017 then he maybe lose out, it depend how much of the premium he pay for........

Agree & true a NIB will always get top dollars vs used for a Hulk that is still in production....

[Uggi]

Originally Posted by cdmorenot

The Hulk was gorgeous and absolutely the best watch for the money ... back when I bought it three times under $8K

Anything above $10K for this watch is just plain stupid.


Sent from my iPhone using Tapatalk

Buying something for $10,001 and selling it for $14000 is stupid?

[hbk75]

Originally Posted by Zakalwe

Watchfinder currently have a 16 month old, worn watch for £14k - as near $18k as makes no difference. Last time I looked, which was only a few weeks ago they were £12k.

I’m aware of the trend over the past two years, but anyone any ideas why the sudden spike? If it were just before March it’d be easily explained - it is being discontinued every year at Basel after all. But now?

we have a rolex subprime issue now.

[hbk75]

Originally Posted by SL BRABUS

https://www.youtube.com/watch?v=bFurkDf6WXg

One of the BEST 007 Bond soundtrack....

[MrWhy]

Originally Posted by SL BRABUS

Recap......^^^.....



Agree & true.....^^^....



Agree & true....^^^.....



Disagree on no one making money on flipping a used Hulk.....

kwingy just giving us an example that he got a offer by Watchfinders of £8750 equal to 11,147 US dollars for his used 2017 Hulk..... That is over 23% profit if he were to buy it at retail price in 2017 for 9050 US dollars....

But if he were to buy it at a premium in 2017 then he maybe lose out, it depend how much of the premium he pay for........

Agree & true a NIB will always get top dollars vs used for a Hulk that is still in production....

I have just sold my LVc for a very good price to WF, £11,080, as a part exchange. Ive had it 10 months and decided the watch isn't for me, want a dress watch. The prices of these is going up and up. They now have a 2019 listed for £14,950!!

[GRabens]

Forums like this and treads like this just fuel the fire. If Rolex new they could sell their watches for twice retail why would they keep retail so low?

[jaychief]

Really ????


Sent from my iPhone using Tapatalk

[Xtralarg]

Originally Posted by jaychief

Really ????


Sent from my iPhone using Tapatalk

It will sell.

[siempreko]

There are no words, at least in my mind... this current craze is CRAZY!!!


Sent from my iPhone using Tapatalk

[javier]

Originally Posted by kwingy

Watchfinders are the worse example of the grey market.

They offered my friend £8750 for a 2017 Hulk in mint condition full set....and they will sell it in excess of £13k. Greed at its highest level.

Greed and buyer´s hysteria as well

[Chadridv]

Originally Posted by AK797

I've been singing the Octopussy theme song non-stop for the last two years...

time to post a video (with audio) please!

[nas130]

I wore mine into a grey dealer in boca raton. After asking me if I had boxes and papers,He offered me $12,500 usd on spot. I have had it for 4 years and it is not in great condition by any stretch of the imagination.

[fania123]

Laughable if you ask me, 17k for a stainless Rolex? A fool and their money I suppose. Glad I have absolutely no desire to add any new Rolex’s to my collection.