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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
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#31 |
"TRF" Member
Join Date: Mar 2010
Location: Chicago
Watch: 16750/16800/126710
Posts: 1,417
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Idk. I think the 116500 has room to fall. With Zenith Daytonas in the low 20s, I think the ceramic have room to go down. Either the 16520 is great value or the 500 is expensive.
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#32 |
"TRF" Member
Join Date: Jul 2022
Location: Milky Way
Posts: 179
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#33 |
2024 Pledge Member
Join Date: Sep 2018
Location: U.S.A.
Watch: SD43
Posts: 3,194
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#34 | |
TRF Moderator & 2024 SUBMARINER Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,349
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Quote:
Historically, used watches are cheaper than new, but you have to have new, consistently available, for that to happen. There are exceptions like Red Subs and so on, but right now the Rolex watch market is upside-down.
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(Chill ... It's just a watch Forum.....) NAWCC Member |
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#35 | |
"TRF" Member
Join Date: Mar 2010
Location: Chicago
Watch: 16750/16800/126710
Posts: 1,417
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Quote:
https://www.fogcityvintage.com/produ...ith-daytona-5/ There’s a bunch on Moda in high teens/low 20s as well. |
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#36 |
Banned
Join Date: Nov 2009
Location: USA
Posts: 627
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#37 | |
"TRF" Member
Join Date: Jul 2022
Location: Milky Way
Posts: 179
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Quote:
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#38 |
"TRF" Member
Join Date: Mar 2010
Location: Chicago
Watch: 16750/16800/126710
Posts: 1,417
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Fog City is a very reputable seller. He sells on TRF as well. I actually purchased my BLRO from him. He also has a great podcast called Dialed In on Spotify.
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#39 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 46,362
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The market moves based on many factors. We also see seasonal pauses and surges but the large Trusted Sellers know this and are capitalized to such an extent that it is just the passing of time for them. Movement up or down in pre-owned prices at around 10% is just the fluctuation in the market. You can not get a hot watch from an AD even still unless you fall into the lucky/whale/significant spend or all of the above. Someone always posts a walk in where they were able to buy a SS Daytona/BLRO or other desirable watch. This is very much the exception and not the rule. As much as the naysayers want us to have a recession and everything collapse so they can buy a watch it is not going to happen. Economic numbers do not show that and we are heading into an election year in the U.S. and typically the government does everything in its power to have a good economy during this cycle. Let interest rate decline, the housing market will explode followed by the automobile industry and money will be flowing again. Then the price on theses watch will blow up again because there will be pent up demand, no more production and plenty of money. Just my thoughts.
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#40 |
"TRF" Member
Join Date: Jul 2022
Location: Milky Way
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#41 |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,766
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When Rolex watches stop being thought of as little more than £$€ objects and little more.
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder ![]() |
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#42 | |
"TRF" Member
Join Date: Feb 2023
Real Name: Nadeem
Location: Chicago
Watch: GMT BLNR
Posts: 956
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Quote:
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#43 |
"TRF" Member
Join Date: Dec 2011
Real Name: JC
Location: Korea
Posts: 455
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Drop, drop!
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#44 | |
"TRF" Member
Join Date: Sep 2009
Location: Tampa, Florida
Watch: 116610LV
Posts: 2,499
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Quote:
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126710BLRO-0001 / 116610LV / 116613LB / Ed White 321 / PAM24 / PAM111 |
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#45 |
"TRF" Member
Join Date: Jul 2018
Location: UK
Posts: 794
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When they stop being fashionable - when the influencers get bored, and celebrities move on to something else.
I’m sure by 2030, people will be laughing about everyone wanting a Rolex in the early 2020s |
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#46 |
2024 Pledge Member
Join Date: Dec 2009
Real Name: The Mystro ;)
Location: Central Pa.
Posts: 15,180
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No, Rolex as a brand has moved from that position in 2017. It was very apparent that Covid has given Rolex a free look to where they can go and they have capitalized on it moving upmarket. The fact Rolex is using "display only" models confirms they will never have semi full display cases again at their AD. Rolex of 10 years ago is gone regardless what the momentary economy is doing.
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#47 | |
"TRF" Member
Join Date: Feb 2023
Real Name: Nadeem
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Watch: GMT BLNR
Posts: 956
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Quote:
I'm not sure if this was always there or something new. Either way I'm interested in seeing if this is something they can continue to capitalize on or it's a tactical error on their part. |
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#48 | |
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Join Date: Mar 2023
Location: US
Posts: 91
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#49 |
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#50 | |
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Join Date: Mar 2023
Location: US
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Quote:
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#51 | |
2024 Pledge Member
Join Date: Dec 2009
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Quote:
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#52 |
2024 Pledge Member
Join Date: Dec 2006
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A week from Thursday.
dP
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#53 |
"TRF" Member
Join Date: Oct 2016
Real Name: Niki
Location: UK
Watch: Too many
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#54 |
"TRF" Member
Join Date: Dec 2023
Location: Earth
Posts: 37
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Most demand for Rolex of late was based on the premise that there would be more demand soon after and forever more. Many watches were sold purely for speculative reasons.
That is not the case now. Now the axe has fallen and has a long swing down. Anyone who is thinking the very unique circumstances of the last 3 years are going to be the norm forever I believe are mistaken. As for the economy being good. I'm not sure what planet you live on, but the USA is in terrible state. You owe $250k+ as a tax payer the second you are born.... China is facing deomgraphic collapse. Just because CNN or whever is saying it is great, it doesn't change the fact inflation is still out of control and cost of living for many is unmanageable. |
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#55 | |
2024 Pledge Member
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Posts: 5,988
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Quote:
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#56 |
"TRF" Member
Join Date: Jan 2023
Real Name: Dumbledor
Location: Westerlands
Watch: CASIO A168W
Posts: 19
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I think everything gonna go back to how it always was and below retail. SS gmts and SS daytonas and other stuff like tifany op etc will drop but still keep a premium. Yes, today there is a shortage of these watches because demand became crazy as they became investments but this is only the past few years. If Rolex keeps making over a million watches and increasing prices, I am convinced the demand won't be like this in 10 years. over 10 million new watches in the market assuming they don't double production and the demand stays the same that's ridiculous.
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#57 |
2024 Pledge Member
Join Date: Nov 2011
Location: Colorado
Watch: your time
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#58 | |
2024 Pledge Member
Join Date: Sep 2018
Location: U.S.A.
Watch: SD43
Posts: 3,194
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When do you think secondary market prices will bottom out?
Quote:
Exactly. And the way 90% of owners maintain the pristine condition of their watches…you’ll have 10 million plus the already millions in circulation all looking new. Sent from my iPhone using Tapatalk |
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#59 | |
2024 Pledge Member
Join Date: Jan 2018
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Watch: Sub, DJ41, GMT
Posts: 7,709
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Quote:
Sent from my iPhone using Tapatalk |
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#60 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 41,439
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When do you think secondary market prices will bottom out?
I’m not sure “bottom out” is ever a term for the secondary market.
Maybe “crossover” is better. That is, in terms of MSRP. Meaning the point where BNIB SS on secondary market is at or below MSRP. I don’t see it as a time call as much as a conditional call - like a serious depression that kills excess demand completely. I don’t see it happening in the next year. Sent from my iPhone using Tapatalk Pro
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