ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
30 November 2023, 06:16 AM | #61 |
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Prices are raising as fast as the second market is falling.
Things are getting very interesting |
30 November 2023, 06:19 AM | #62 |
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I think they actually might be dropping some new releases...let's see.
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30 November 2023, 07:12 AM | #63 |
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I just bought a 15510ST
They said it has to leave on Thursday. My money is on an increase on prices |
30 November 2023, 08:12 AM | #64 |
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If they raised prices I think people would still buy them. I definitely still want. lol.
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30 November 2023, 08:13 AM | #65 |
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30 November 2023, 09:13 AM | #66 |
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30 November 2023, 09:23 AM | #67 |
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30 November 2023, 09:26 AM | #68 |
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Wish I had the means when the 15407st dropped. It was under $30k smh
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AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1 |
30 November 2023, 09:32 AM | #69 |
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30 November 2023, 10:47 AM | #70 | |
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Quote:
Don’t think it was ever below $30k. It was released at $44k. 15305st was around $30k. Thank god I was able to mine at $51k even thought that was a ton at the time Sent from my iPhone using Tapatalk |
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30 November 2023, 10:55 AM | #71 |
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Correct. I don't recall the Steel QP RO ever being $30k.
It was, indeed, released at $44k, then made its way up to $51.5k in 2020. And now it's above $100k. |
30 November 2023, 11:07 AM | #72 | |
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Quote:
https://www.watchcollectinglifestyle...ctures-pricing |
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30 November 2023, 11:21 AM | #73 |
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30 November 2023, 11:24 AM | #74 |
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30 November 2023, 12:06 PM | #75 | ||
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Quote:
Quote:
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AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1 |
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30 November 2023, 03:43 PM | #76 | |
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Congrats! Are they shipping it to you? If so, they always need to ship out by Thursday as they ship overnight and they don’t want the watch to be sitting at UPS over the weekend (they don’t do weekend deliveries). If they’re not shipping to you, disregard above lol Sent from my iPhone using Tapatalk |
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30 November 2023, 05:34 PM | #77 |
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Yes they are shipping it to me. Paying online was very easy. Can’t wait to have it to come to my doorstep on Friday. Needs adult signature lol.
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30 November 2023, 07:02 PM | #78 |
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30 November 2023, 07:23 PM | #79 |
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I will be very sad if they increase prices :(
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30 November 2023, 09:41 PM | #80 |
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From one perspective it would be crazy to raise prices in this declining watch market and economy. But from the other hand, we are still not able to buy an RO on a walk-in, so demand must be still higher then production. They are a luxury brand after all.
But its crazy how much they raised their prices the last years. |
30 November 2023, 11:18 PM | #81 |
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I just think it’s short sighted because the calculus on the losses you need to take on other pieces from them to buy a RO retail has already changed substantially. So if they further decrease the delta between retail and open market to take advantage of that spread on the RO further it will only hinder their demand on everything else that much more but let’s see.
I could also see them shocking the world and doing price drops. They released these newer offshores at a slightly lower price point than before. What if they were applying that to everything? That would make the above go in reverse and potentially restore some hype to the brand. Albeit cutting prices prob highly unlikely, more tin foil hat. |
1 December 2023, 01:44 AM | #82 |
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1 December 2023, 01:54 AM | #83 |
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If AP wants to top Patek they will probably have to continue to raise prices. Keep updating and upgrading their Boutique experience. Which I think is really great imo already.
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1 December 2023, 03:12 AM | #84 | |
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This year they will most likely stay ahead as well. In general on the topic of price increase and original topic: FHB has been quoted saying he expects 2.3bn CHF in 2023, if true this will be 15% increase which cannot be due to price only, there is volume component as well. I can dig in an interview with him (I think from 2022) where he says that they can sell 80,000 pieces. Even if the market cools off by 25% since then, which in fact it isn't, it will be still above the production capacity. The reality is that the brand is so strong and well perceived that they can keep on increasing prices and hold momentum especially with the 150th anniversary in 2025. I think they won't be another increase this year, since in Europe we already had the 2nd one in October. |
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1 December 2023, 04:15 AM | #85 |
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1 December 2023, 05:01 AM | #86 | |
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Quote:
I mean in terms of prestige. Sent from my iPhone using Tapatalk |
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1 December 2023, 05:29 AM | #87 | |
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As an aside, I just don’t understand the comments about the grey/2nd hand market prices bearing any relation to how AP choose to price their new watches….especially as the CPO initiative has still yet to happen. |
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1 December 2023, 06:02 AM | #88 |
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Yeah, the craziness of the last few years has really turned things on their head. AP is in the business of selling watches, not propping up people's ill-conceived alternative asset portfolios.
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AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
1 December 2023, 09:46 AM | #89 |
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The unfortunate part is that AP has been keying off secondary market / ill-conceived alternative asset portfolios propped valuations to determine their MSRP price increases.
That's why one year had 3 increases in the US market. |
1 December 2023, 12:14 PM | #90 |
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Was at AP House Hong Kong yesterday, no imminent price increases.
Got to try this on. Very cool. Sent from my iPhone using Tapatalk |
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