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

[Andy0331]

Originally Posted by Apheaven

Was thinking $60k? Was hoping to back up with data, but all good if there are none for sale on Moda.

No exact matches, but:

Posted Oct 10: 228206 Roman green dial sitting at $68.5k

Oct 5: 228206 Stick dial (2020 "refurb") sitting at $60k

Sep 23: 228206 Roman ice blue dial ( minus 2 links) sitting at $74k

[seadubs]

Nice thread..

[Apheaven]

Originally Posted by Andy0331

No exact matches, but:

Posted Oct 10: 228206 Roman green dial sitting at $68.5k

Oct 5: 228206 Stick dial (2020 "refurb") sitting at $60k

Sep 23: 228206 Roman ice blue dial ( minus 2 links) sitting at $74k

This was extremely helpful. Thank you. I have noted the ones I have seen in the high $60’s aren’t actually transacting. There is clearly a gap between buyers and sellers right now.


Sent from my iPhone using Tapatalk

[mquarter]

What's up with the large amount of missing link watch only listings on Moda? Are they stolen?

[mwc5k]

Originally Posted by mquarter

What's up with the large amount of missing link watch only listings on Moda? Are they stolen?

I think sometimes they get separated when sold but also some dealers take them and sell them for extra money.

[Vince_76]

PPI rose 0.4% - more than expected. Inflation isn’t going anywhere soon, and with that, higher rates. There’s going to be more pain in the economy, and anyone who thinks watches will be insulated is sorely mistaken.

[dmash]

Originally Posted by mwc5k

I think sometimes they get separated when sold but also some dealers take them and sell them for extra money.

That’s really messed up to take out links and not include them. Wow.

[jfmiii]

Originally Posted by dmash

That’s really messed up to take out links and not include them. Wow.

Used watch dealers can be sketchy???

I, for one, am shocked.

[Al1969]

Originally Posted by mwc5k

I think sometimes they get separated when sold but also some dealers take them and sell them for extra money.

Wow! Just like Bobs.

[dmash]

Originally Posted by jfmiii

Used watch dealers can be sketchy???

I, for one, am shocked.

I was referring to new dealers, not used, as it wasn't explicitly stated

[Vince_76]

CPI also rose more than expected. No silver lining here. It’s going to get worse.

[1665fan]

Originally Posted by Al1969

Wow! Just like Bobs.

Yea I think they started it and now a lot of dealers are doing it

[train-time]

Originally Posted by Vince_76

PPI rose 0.4% - more than expected. Inflation isn’t going anywhere soon, and with that, higher rates. There’s going to be more pain in the economy, and anyone who thinks watches will be insulated is sorely mistaken.

Absolutely correct. Higher than expected CPI inflation data has crushed bond markets this morning. September CPI rose 0.4% from August, above the consensus of 0.3%, and was 8.2% higher than a year ago. Core CPI, which excludes food and energy, rose 0.6% from August, well above the consensus of 0.4%. Core CPI was 6.6% higher than a year ago, up from 6.3% last month, and the highest annual rate since 1982. The Dow is down 300 points this morning. Buckle up!

[huncho]

Originally Posted by train-time

Absolutely correct. Higher than expected CPI inflation data has crushed bond markets this morning. September CPI rose 0.4% from August, above the consensus of 0.3%, and was 8.2% higher than a year ago. Core CPI, which excludes food and energy, rose 0.6% from August, well above the consensus of 0.4%. Core CPI was 6.6% higher than a year ago, up from 6.3% last month, and the highest annual rate since 1982. The Dow is down 300 points this morning. Buckle up!

in reality no one knows what will happen

[train-time]

Originally Posted by huncho

in reality no one knows what will happen

Yup, this morning losses have since recovered on a relatively volatile morning. Seems to be the way it's been for a while now, but the key monthly indicators tell a different story.

[eijiboy]

Chnr full gold are now 40-43
W. Thats less for what you pay on ad


Sent from my iPhone using Tapatalk

[eijiboy]

Panda nib now 31750!


Sent from my iPhone using Tapatalk

[Fedpete]

Any updates on Choco day day? Thanks guys


Sent from my iPhone using Tapatalk

[Laostuh]

Originally Posted by Fedpete

Any updates on Choco day day? Thanks guys


Sent from my iPhone using Tapatalk

10/2022 w White Tag Choco DD sold for $44750. Did not mention box or papers just white tag.

Complete 04/22 RG Choco DD w/ Baguette Dial sold $47.5k

YG DD40 w/ Choco Dial -2 links $40k sitting for 3 days. Watch & Card.

[QuelleHeureEstIl]

CRM just released a "best of" video. Oh boy, impressive to see the contrast between today and during the craze.

The market is dead quiet now.

Also, have you noticed that many of these youtube kings have gone very quiet or even not released any videos? And the videos we see now are no more a collection of transaction sequences.

[QuelleHeureEstIl]

Morgan Stanley just released a report (14th oct) saying that it will continue in Q4.

https://www.watchpro.com/patek-phili...h-brand-in-q3/

[Incroyable12]

The UK is a huge mess now as well.

[Vince_76]

Pepsi on jubilee brand new full set went for 19.3k. Love seeing this free fall

[messikens]

Originally Posted by Vince_76

Pepsi on jubilee brand new full set went for 19.3k. Love seeing this free fall

IMO has another 3-4k left before we actually hit the floor... At least

6 months ago these actually went for 32k

Glad I could witness a modern Era tulip mania myself

[Vince_76]

Originally Posted by messikens

IMO has another 3-4k left before we actually hit the floor... At least

6 months ago these actually went for 32k

Glad I could witness a modern Era tulip mania myself

Haha same! No intrinsic value and in a weak economy, no reason why production models won’t go for roughly retail +/-

I’m tired of all this investment and hype BS. was into watches 8 years ago, and when I’m finally in a position to build a collection, all these fly by night “watch enthusiasts” messed the whole game up.

It will revert to to mean, and anyone genuinely into watches should be content.

[messikens]

Originally Posted by Vince_76

Haha same! No intrinsic value and in a weak economy, no reason why production models won’t go for roughly retail +/-

I’m tired of all this investment and hype BS. was into watches 8 years ago, and when I’m finally in a position to build a collection, all these fly by night “watch enthusiasts” messed the whole game up.

It will revert to to mean, and anyone genuinely into watches should be content.

I'm in exactly the same boat as you.

Owned a few pieces but once I was in a position to buy what I'd like to own / wear it's all "need to be on the list ". How do you get on the list?
Spend money on stuff you don't want . So over this.

I have to say AP has treated me very nicely, esp given that I was an unknown. Rolex is almost dead to me at this point, the AD and attitude really rubbed me the wrong way... A GMT is a nice watch, but seriously in the grand scheme - not that special / rare at all.


Sent from my iPhone using Tapatalk

[Vince_76]

Another full set BNIB Pepsi jubilee sitting at 19k

[101031-28]

Originally Posted by Vince_76

Haha same! No intrinsic value and in a weak economy, no reason why production models won’t go for roughly retail +/-

I’m tired of all this investment and hype BS. was into watches 8 years ago, and when I’m finally in a position to build a collection, all these fly by night “watch enthusiasts” messed the whole game up.

It will revert to to mean, and anyone genuinely into watches should be content.

Same here, and I have been into Rolex since 1989. So sick of the investment and hype BS. Can't wait for prices to go back to 'sanity' levels.

[honuswagner13]

RG olive DD around $51.5 to $52k, rose gold Skydwellers now close to retail with tax.

[Gaijin]

Originally Posted by 1665fan

Yea show me a nice 5 digit sub or gmt that has dropped in value at all…..they haven’t…..maybe stop going up but not dropped

Yes. LVs are 35,000 bucks full set in Japan. One was a V and one was a Flat 4 but I couldn't see the serial letter.