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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
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#91 |
"TRF" Member
Join Date: Dec 2020
Location: England
Posts: 251
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Not exactly, but it would be great to just go to an AD and buy the model watch we want without having to wait more than a couple of weeks ! Discounted,.... of course!
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#92 | |
2024 Pledge Member
Join Date: Jul 2017
Location: London
Posts: 414
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Quote:
They will also try to up the focus on bi-metal and precious metal, where there is far more margin. I read an interview with the had of Patek. He said they didn't make money from selling SS models. They only keep a few around for fans, but otherwise everything is going to precious metal. Obviously they are tiny compared to Rolex, but the sentiment is the same. The main difference is that Rolex sells enough watches to keep a margin for SS, and also knowing they are buoyed by enthusiasts who mostly like SS watches. |
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#93 |
"TRF" Member
Join Date: Feb 2013
Location: USA
Posts: 104
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Grey dealer I have used before is charging 80-85% over retail for SS models of interest.
That is today. So, either they haven't bottomed or he didn't get the memo. |
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#94 |
"TRF" Member
Join Date: Dec 2016
Location: los angeles
Watch: 5168G
Posts: 453
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No, actually it wouldn't be great because that would ultimately drive down prices. If Rolex is smart they will limit supply based on demand to keep prices and brand VALUE high.
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PP 5168g ♛ 1680 red ♛ 126610LV |
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#95 |
Banned
Join Date: Jul 2016
Location: The Doghouse
Watch: Ingersoll Mickey
Posts: 3,128
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#96 | |
"TRF" Member
Join Date: Jan 2020
Location: Washington
Watch: Cartier Panthere
Posts: 1,043
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Quote:
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Cartier Panthere ,Tudor GMT Cartier Santos 100 XL ,Tudor 925 DJ 36 Pink Dial ,PAM Due Blue DJ 36 White Dial ,CasiOak Sub ND |
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#97 |
"TRF" Member
Join Date: Dec 2014
Location: SoCal
Posts: 295
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Everyone keeps making comments about the Rolex market being tanked. Where, I’ll step up for any subs, GMT’S etc. for these rock bottom tanked prices that I don’t see anywhere. Sure, it’s not like it was when it was looney land but nothing is and that was a rare wild time that shouldn’t have happened.
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#98 |
"TRF" Member
Join Date: Aug 2016
Real Name: Chuck
Location: Canada
Watch: Rolex 116610LV
Posts: 2,230
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You might want to read this article if you want to get a feel for the pulse of the Swiss Watch industry:
https://monochrome-watches.com/fhs-r...illion-francs/ Basically they had a pretty good year overall, however growth has slowed towards the end of the year. 2024 is expected to have some growth, albeit at a more modest pace due geopolitical and economic factors. Interestingly the secondary market prices are declining, so maybe some normalization & balance ahead after so much hype, see following excerpt: "An interesting barometer of the market dynamics, the secondary prices continue to contract. In this respect, Morgan Stanley reports that these were down 13% for 2023, compared to a decline of -9% in 2022 and an increase of +39% in 2021." Cheers! |
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#99 |
"TRF" Member
Join Date: Dec 2011
Real Name: JC
Location: Korea
Posts: 455
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Discounts in the not too distant future.
Let's go! |
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#100 | |
"TRF" Member
Join Date: Aug 2016
Location: Chicago
Watch: Daytona
Posts: 5,471
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Quote:
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#101 |
"TRF" Member
Join Date: Feb 2016
Location: Indiana
Watch: GMT BLRO
Posts: 1,742
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Whatever prices are in “moda” is vapor ware to me…I can’t get in nor even find the right “moda” group. So whatever pieces sell for there is irrelevant as buying at the AD, I can’t do either.
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#102 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Dec 2009
Real Name: The Mystro ;)
Location: Central Pa.
Posts: 15,183
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Moda is like going to a car auction.. Yea, you can find some stupid low prices on a super car but that doesn’t translate in to what the average market price really is at a dealership or even a private seller. There will always been rock bottom deal sniffers but very few of these bargains hunters are actually buying these deals they like to say is what the market price is.
In a way it’s used to influence the “idea” that these are the true market prices of what you should “expect” to pay for these cars or watches but it’s the difference between whole sale pricing and retail pricing. When you get a clone, rock, or watch with a story to save a few bucks is when reality hits hard. Your BigMac only cost 41 cents to actually make so you’re a sucker to pay the $4. I’ll just hang outside McDonald’s and wait for a employee to sell me one out the back door for $2. ![]()
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#103 |
2024 Pledge Member
Join Date: Aug 2013
Location: Itinerant
Watch: 79010sg
Posts: 8,282
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Moda
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#104 |
Banned
Join Date: Jul 2016
Location: The Doghouse
Watch: Ingersoll Mickey
Posts: 3,128
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As long as DSW and Than and other greys are selling watches at the prices they are advertising then their prices are “real”.
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#105 |
"TRF" Member
Join Date: Mar 2010
Location: Chicago
Watch: 16750/16800/126710
Posts: 1,417
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Moda is like "wholesale plus." Not retail but not quite wholesale. To people saying it is a clown show in there, it isn't, by and large. I see many of the same TS on TRF selling into Moda. I've seen the same watch listed here and Moda by sellers. The price on Moda is always more attractive. The fact of the matter is, if you call a TS and ask for a watch that they dont have, they are likely going to ask for that watch in a chat that includes a bunch of sellers on Moda. It's like anything else...if you buy on Moda, do your due diligence on the seller but you are likely to pay much less than if buying from a guy like DSW.
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#106 | |
"TRF" Member
Join Date: May 2016
Location: NE
Posts: 2,859
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Quote:
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Instagram @awristcheck |
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#107 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 20,327
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We'll probably hit bottom when Trolling gets even more prevalent here on TRF. It's seems we're getting close, yet note quite there yet imho.
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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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#108 |
"TRF" Member
Join Date: Jun 2017
Location: Odorious Onion
Watch: yes, it's hipster
Posts: 1,587
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They don't follow a "seasonal" trading range like some equities do, but in fairness, watches' market prices mirror other hobbies' pricing. And those cycles can stretch in the years.
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Here come dat boi Jerry |
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#109 |
"TRF" Member
Join Date: Oct 2019
Location: Vancouver
Posts: 1,858
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#110 |
2024 Pledge Member
Join Date: Oct 2009
Location: Socal
Posts: 4,902
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I'll let you when I can get a SS Daytona at AD, with discount, and they actually treats me like I am the boss ...
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135 ├┼┼╕ 246 R |
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#111 |
"TRF" Member
Join Date: Oct 2012
Real Name: RJ
Location: UK Coast
Watch: PP/AP/Rolex
Posts: 1,355
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I personally expect them to fall significantly more over the coming months and years.
The whole market was fuelled by a mad hype to own the latest fashion item, a luxury watch, and to make a quick buck by flipping watches. Fashions and fads pass fast. I expect in a few years to see very few active members on here with ‘20-‘22 registered accounts. Next, the profit of flipping is almost entirely gone on most models as the brands maximise their profit, and greys pay low for watches. As such the demand fuelling everything will disappear, and the watches will start to be available at retail more and more readily. This will force grey dealers to drop their prices or else they just won’t sell. Just my view on your Q. ![]() |
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#112 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 20,327
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Don't forget the new Ferrari, am sure for you they'll set one aside immediately, and at a discount of course. Don't they know who you are?
__________________
__________________ 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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#113 | |
2024 Pledge Member
Join Date: Jan 2017
Location: The States
Watch: Cosmograph Daytona
Posts: 7,157
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Quote:
Spot on. Moda is wholesale plus and DavidSW is retail plus. Sent from my iPhone using Tapatalk |
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#114 |
"TRF" Member
Join Date: Jun 2011
Real Name: Manny
Location: MA
Watch: DD,Sub,GMT,Daytona
Posts: 4,481
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Like others have said. I’ve seen a few of the trusted sellers on moda buying and selling. Not sure what the big deal is.
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#115 | |
"TRF" Member
Join Date: Apr 2020
Location: Orange County
Posts: 1,781
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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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#116 |
"TRF" Member
Join Date: Apr 2018
Location: USA
Posts: 528
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Sorry for the watch trading unfamiliarity here, but is Moda Watch Club on FB the same thing as MODA?
Thanks. |
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#117 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,144
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Quote:
Yeah. I mean it’s just a Facebook group for selling watches is all. Then there’s about 459 other tertiary groups they’ve created.
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#118 | |
"TRF" Member
Join Date: Jun 2023
Location: USA
Posts: 1,093
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Quote:
When I saw prices rocket I knew it wouldn’t last. I don’t actively trade in/out of my collectibles so didn’t sell any watches. Same with other things I collect. I also didn’t add anything that fell into a “hype” category. I didn’t entirely stop buying but added nothing people were speculating on. That speculative sub-segment fell back and is (in my view) fully corrected today. There will be some further easing but would be surprised it anything dramatic. I imagine depleted savings for big swaths of the population here in the US will eventually become a real drag (hasn’t happened) but I think for Rolex that hit has already been felt, along some other aspirational luxury goods. The tricky part is that any further macro erosion will support central bank aggression with rate reductions - restarting the cycle. So while we may not be at absolute bottom today it is likely we’re a) not far off and b) as likely to be in a boom cycle again in 24 months from now. |
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#119 | |
2024 Pledge Member
Join Date: Aug 2010
Real Name: H
Location: North Carolina
Watch: M99230B-0008
Posts: 5,675
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Quote:
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#120 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,989
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Perhaps, when supply exceeds demand?
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