Prices slump by up to 50% for discontinued Rolex watches (Watchpro)

[bobernet]

Originally Posted by Mathematoxic

I’m seeing endless supply of John Mayor Daytona on my local watch market and none is moving. Sometimes I wonder what’s the definition of rare in the world of watches.

Almost nothing Rolex makes in the modern era is rare.


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[Mathematoxic]

Originally Posted by bobernet

Almost nothing Rolex makes in the modern era is rare.


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+1

Except for meteorite dials I think.

[dmash]

Originally Posted by bobernet

I’d love an Odysseus at 40% off! ;-)


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I'm still hitting myself for not getting an 1815 Chrono when they were still under the radar. That movement is so stunning, and they were trading at absurd amounts for the amount of watch you got. A lot more became privy to it after the COVID watch boom. Hopefully it settles back down and I'll jump. One of my favorite watches ever.

Pure beauty (courtesy of WCL):

[bobernet]

Originally Posted by dmash

I'm still hitting myself for not getting an 1815 Chrono when they were still under the radar. That movement is so stunning, and they were trading at absurd amounts for the amount of watch you got. A lot more became privy to it after the COVID watch boom. Hopefully it settles back down and I'll jump. One of my favorite watches ever.

Pure beauty (courtesy of WCL):

Agree. Their chrono movement is very nice. I have a Langematik Perpetual, and would like to add an Odysseus and a Zeitwerk Striking Time if they ever downsize the case.


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[eijiboy]

nashville has a meteorite daytona for 95k before, now its 93k. its sitting and sitting

[1665fan]

Originally Posted by eijiboy

nashville has a meteorite daytona for 95k before, now its 93k. its sitting and sitting

Watches at over double retail will continue to drop

[GGGMT]

Originally Posted by dmash

https://www.rolexforums.com/showthre...3#post12412013



look at how some of these posters are commenting towards the OP. Now granted, precisely today, below MSRP is impossible. but how they're commenting about a SS Rolex to EVER be below MSRP is laughable and mocking him, showcases exactly how down the rabbit hole some of these guys have fallen. A lot, and I mean A LOT of people are in for a very rude awakening and have drank way too much of the 'my watch will always be worth what I paid!' koolaid.

In reality, it's absolute lunacy that a Submariner would ever trade above MSRP when one accounts for how common it is. There's zero rarity whatsoever and production will be continued for years to come.

+1. Hilarious — the “never gonna happen” crew are newbies who don’t remember how recently these watches were sitting around for a ‘let’s make a deal’ with the SA. It was fun to draw them out of the woodwork. That said, as the OP on that thread I still went ahead and bought the green sun because I love it and it’ll pair nice with my ‘papa’ Kermit 16610LV.

[chris242]

July 2018 Black dial Daytona, listed for 26.5 yesterday and no takers… haven’t hit bottom yet boys


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[dmash]

Originally Posted by chris242

July 2018 Black dial Daytona, listed for 26.5 yesterday and no takers… haven’t hit bottom yet boys


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I see a lot of buyers are $19k for Daytonas. There’s a $20k mental block that people will start jumping on those for sure.

Which is funny though as so many guys will realize that the Daytona is the most overhyped of all watches ever produced, wears small and super illegible.


Also, I’m loving the guys on MODA saying ‘cheapest price anywhere!’ on listings to just continuously sit. Strap in

[taitun4life]

Originally Posted by dmash

I see a lot of buyers are $19k for Daytonas. There’s a $20k mental block that people will start jumping on those for sure.

Which is funny though as so many guys will realize that the Daytona is the most overhyped of all watches ever produced, wears small and super illegible.

Wears very small 💯

[QuelleHeureEstIl]

Originally Posted by bobernet

Almost nothing Rolex makes in the modern era is rare.

+1

I see 2 exceptions:
- On a personal level (even when produced in large quantities): when the date on card has a personal meaning (birth, wedding, etc).
- Out of catalog pieces

For these I accept to buy (and already have) at a premium.

[QuelleHeureEstIl]

Originally Posted by dmash

Which is funny though as so many guys will realize that the Daytona is the most overhyped of all watches ever produced, wears small and super illegible.

(My theory is that Rolex is waiting the market to cool down before launching very expected models. They did not want to put gas on the fire in W&W2022. And they were right not releasing anything mainstream hot this year.)

I am sure, somewhere hidden in a Rolex safe, updated and larger Daytona prototypes are waiting for the market craziness to continue to cool down. At least they are not alone with the GMT2 coke. ;)

Many rolex anniversaries next year. :)

[dmash]

Originally Posted by QuelleHeureEstIl

I am sure, somewhere hidden in a Rolex safe, updated and larger Daytona prototypes are waiting for the market craziness to continue to cool down. At least they are not alone with the GMT2 coke. ;)

2023 is Daytona 60th. Wouldn't be surprised at all if we get a revamp in Spring.

[Vince_76]

Originally Posted by dmash

Also, I’m loving the guys on MODA saying ‘cheapest price anywhere!’ on listings to just continuously sit. Strap in

Seriously. The amount of posturing is insane. “This should go fast” yet is still sitting 4 days later.

Same thing with relistings et., that I have discussed before.

You can smell the desperation and deceit. All these charlatans will feel the pain. Respect to the very few dealers who say it how it is.

[dmash]

Originally Posted by Vince_76

Seriously. The amount of posturing is insane. “This should go fast” yet is still sitting 4 days later.

Same thing with relistings et., that I have discussed before.

You can smell the desperation and deceit. All these charlatans will feel the pain. Respect to the very few dealers who say it how it is.

and the thing is....that's not retail market. That IS a dealer chat. Where if you've ever been in dealer chats for any type of good, a *normal* transaction is done within 24hours.

A listing 'going fast' should be gone within a hour. Sitting 2 days on MODA is like sitting 2 months on Chrono24 and is completely outside of a sellable price spectrum, as otherwise another dealer/end user would purchase if within 10-20% and could make an offer.


but the fact still remains, the prices moving downward is entirely NOT a huge deal whatsoever in the grand scheme for a true horologist. If you paid MSRP you were always (relatively) good, and if you paid grey, you should have been financially stable enough that thousands of dollars means nothing to you. As it's pretty wild to overpay on a luxury good if you were strapped for cash or the financials were any type of factor.




PS- I see your signature, I just created a post about the 228238 white roman, got my name down to officially obtain one (hopefully by EOY). Really looking forward to that piece!

[dmash]

Originally Posted by jfmiii

Cheapest SS Daytona I have seen in years! Still sitting unsold.

still unsold and did a HUGE price drop of $200

[Vince_76]

Originally Posted by dmash

PS- I see your signature, I just created a post about the 228238 white roman, got my name down to officially obtain one (hopefully by EOY). Really looking forward to that piece!

Great choice! Really is a classy configuration - you won’t be disappointed.

[soicanbefree]

Originally Posted by dmash

still unsold and did a HUGE price drop of $200

It's a dealer chat. If something doesn't move it is 100% price.

Drop your damn price.

Guy reposting his 26500 full gold blue 1999 Sub AGAIN and AGAIN and AGAIN. Wow you marked it as an "f'it" deal and reduced it 500 a week ago.

Nobody wants it buddy. It should be 20-22 at most today.

I desperately want to start sarcastically posting on these things.

"Wow this should go fast!"

"Cheap! Should be an absolute stampede to purchase this clean watch. Great seller!"

We should collectively come up with discreet phrase or emoji to mark these things as trash deals.. without getting banned.

Maybe green stock market emoji line up?

[dmash]

There’s this one dude who is deleting his DD40 postings every single day and reposting for the same price. Lol so dumb

[eijiboy]

fresh nib panda with full stickers now at 32950. only an hour old post. no takers so far

[Screwly]

Some are buying during the slowdown

https://nypost.com/2022/10/01/chines...-slowdown/amp/


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[soicanbefree]

How do you spot fake Meteorite dials. It seems like a thing with a lot of incentive to fake.

And we do see a lot of them on MODA.

Can someone send me listing of a fake one so I can try to compare it side by side to real examples?

[QuelleHeureEstIl]

Originally Posted by soicanbefree

How do you spot fake Meteorite dials. It seems like a thing with a lot of incentive to fake.

And we do see a lot of them on MODA.

Can someone send me listing of a fake one so I can try to compare it side by side to real examples?

This is a great question. What about starting a new thread so it can be found easier as a reference?

[eijiboy]

A very mint 126619 cookie monster now at 35k. has aftermarket stickers so no scratches. thats a 5k below msrp.

[eijiboy]

Originally Posted by soicanbefree

How do you spot fake Meteorite dials. It seems like a thing with a lot of incentive to fake.

And we do see a lot of them on MODA.

Can someone send me listing of a fake one so I can try to compare it side by side to real examples?

Thats why they banned selling tiffany dial op because many aftermarket popping out.

[Mathematoxic]

Best to avoid buying special or super hyped dial watches that does not come with white tag. No matter what the price is, I wouldn’t buy without the white tag.

[mquarter]

Originally Posted by Mathematoxic

Best to avoid buying special or super hyped dial watches that does not come with white tag. No matter what the price is, I wouldn’t buy without the white tag.

Do white tags specify dials?

[Mathematoxic]

Originally Posted by mquarter

Do white tags specify dials?

Yes. White tags has the watch serial number, model number and dial colour code

[GB-man]

I hear that a lot but man how hard is it to fake a white tag lol

Gotta be careful out there rolex is a minefield.

[Incroyable12]

Originally Posted by bobernet

Almost nothing Rolex makes in the modern era is rare.


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Honestly many vintage Rolexes aren't that rare either.

I've seen a ton of supposedly rare factory wood dial Rolex DDs come up in recent months.

There are also a lot of factory onyx DDs out there as well.