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

[Benzsiam]

Originally Posted by Screwly

So you’re saying you can walk in and get any stainless steel Rolex Daytona, GMT or skydweller no problem? That would be completely false.
Also, when you say all rolexes, you would be referring to rainbows and platinum’s. Try walking in and easily getting a rainbow or SARU.


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You completely misunderstood my comment. Please read Huncho's comment below.

Any way, I did get 126755SARU last year for my collection.

Originally Posted by huncho

think he meant that in the last 2 years or so even gold models were flying off the shelves so you didn't need to force bundles anymore like they did in 2018ish. in the last 2 years there was no reason to promise a steel model to get people to buy a gold model that has a wait list anyway. hence the "all rolexes are easy to sell" not "buy" lol (i assume)

Yes, you're completely correct.

Thanks for your comment!

[Screwly]

Originally Posted by Benzsiam

You completely misunderstood my comment. Please read Huncho's comment below.

Any way, I did get 126755SARU last year for my collection.



Yes, you're completely correct.

Thanks for your comment!

I get that, but what I meant was not just anyone can walk off the street and get a rainbow or saru. I’m sure you built a healthy relationship to buy that watch.


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[steeevvvooo]

Originally Posted by Screwly

I get that, but what I meant was not just anyone can walk off the street and get a rainbow or saru. I’m sure you built a healthy relationship to buy that watch.


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But that's not what was being suggested in his initial comment. He didn't say all watches are easy to buy, but all watches have been easy to sell in the immediate past. There is no need to bundle to "sell" watches, i.e. From the sellers perspective.

I read it the same was Huncho did.

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[Screwly]

Originally Posted by steeevvvooo

But that's not what was being suggested in his initial comment. He didn't say all watches are easy to buy, but all watches have been easy to sell in the immediate past. There is no need to bundle to "sell" watches, i.e. From the sellers perspective.

I read it the same was Huncho did.

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Originally Posted by huncho

think he meant that in the last 2 years or so even gold models were flying off the shelves so you didn't need to force bundles anymore like they did in 2018ish. in the last 2 years there was no reason to promise a steel model to get people to buy a gold model that has a wait list anyway. hence the "all rolexes are easy to sell" not "buy" lol (i assume)

Originally Posted by Benzsiam

You completely misunderstood my comment. Please read Huncho's comment below.

Any way, I did get 126755SARU last year for my collection.



Yes, you're completely correct.

Thanks for your comment!

My bad on the misinterpretation


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[aa909]

Originally Posted by fsprow

I know many folks here enjoy closely following and projecting watch price trends. I used to do that for the stock market but abandoned it before I lost all my money!! I would, however, give some credence to anyone who correctly forecasted that, during the peak COVID pandemic, economies, stock markets and watch prices would go up sharply.

You forgot the most important part: Fed printing $6 Trillion and US gov handing out $3 Trillion in stimulus. The single biggest increase in M2 money supply in US history. The EU did similar and hence you have an “everything bubble”.

[Benzsiam]

Originally Posted by steeevvvooo

But that's not what was being suggested in his initial comment. He didn't say all watches are easy to buy, but all watches have been easy to sell in the immediate past. There is no need to bundle to "sell" watches, i.e. From the sellers perspective.

I read it the same was Huncho did.

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Thanks for your comments!

Originally Posted by Screwly

My bad on the misinterpretation


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By the way, I always love to see your posts, you have such a stunner collection and great photos.

Happy Holidays to all!

[Vince_76]

Less than a week to Christmas…where’s the rebound everyone was talking about? LOL

Going to be fun watching prices continuing their decline in 2023. It’s far from over, with no bottom being tested.

Happy holidays.

[eijiboy]

2022 bnib panda no card 26k!


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[Mathematoxic]

Originally Posted by Vince_76

Less than a week to Christmas…where’s the rebound everyone was talking about? LOL

Going to be fun watching prices continuing their decline in 2023. It’s far from over, with no bottom being tested.

Happy holidays.

Jingle bell, jingle bell, jingle all the way~~~

[sigma089]

Unfortunately, I don't have Moda access. I hope you don't mind me asking, but where are 15450s (silver) and 118239s atm? Contemplating a 15450, 15550 (if I get the call) or a 118239 next year. Front runner is the 15450 atm, but a DD would also be nice...

[Mathematoxic]

Originally Posted by sigma089

Unfortunately, I don't have Moda access. I hope you don't mind me asking, but where are 15450s (silver) and 118239s atm? Contemplating a 15450, 15550 (if I get the call) or a 118239 next year. Front runner is the 15450 atm, but a DD would also be nice...

15450st(Grey dial) 2021 watch+card asking $29,350 since 22 Nov not sold.

[shammad10]

Believe it or not I think the UK Rolex secondary market is done. I was bored this afternoon so decided to ring round about 8 prominent grey dealers in the UK, watchfinder etc etc and offer some 'popular models' that I don't actually own.

Not a single one wanted to buy a watch. Even on consignment. Seems that the day of people flipping watches is done.

[Trailboss516]

Originally Posted by shammad10

Seems that the day of people flipping watches is done.

but....but...the rocket ship! What about the rocket ship???

[Rickkk]

Originally Posted by shammad10

Believe it or not I think the UK Rolex secondary market is done. I was bored this afternoon so decided to ring round about 8 prominent grey dealers in the UK, watchfinder etc etc and offer some 'popular models' that I don't actually own.

Not a single one wanted to buy a watch. Even on consignment. Seems that the day of people flipping watches is done.

Sounds like a good use of time. Maybe you don’t have them because you’re not being productive with it eh?

[shammad10]

Originally Posted by Rickkk

Sounds like a good use of time. Maybe you don’t have them because you’re not being productive with it eh?

Haha, struck a nerve?

Maybe I don't have them because I don't want them...

[Pablito]

Originally Posted by Vince_76

Less than a week to Christmas…where’s the rebound everyone was talking about? LOL

Going to be fun watching prices continuing their decline in 2023. It’s far from over, with no bottom being tested.

Happy holidays.

Just wait a few more days, it will happen by the Christmas Eve !

[steeevvvooo]

Originally Posted by shammad10

Believe it or not I think the UK Rolex secondary market is done. I was bored this afternoon so decided to ring round about 8 prominent grey dealers in the UK, watchfinder etc etc and offer some 'popular models' that I don't actually own.

Not a single one wanted to buy a watch. Even on consignment. Seems that the day of people flipping watches is done.

But prices for any of the larger dealers don't seems to suggest they want to sell anything either!? UK is a really odd market.

At least the US has pretty transparent pricing in moda (not perfect...) and large greys who sponsor on here who have at least historically wanted to buy/sell regularly (I dealt with a few multiple times pre-covid). Appreciate even those guys have slowed a lot recently too though by all accounts.

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[Vince_76]

15720st dated this week, BNIB full set for 29k.

That’s the same price as MSRP, and doesn’t even factor tax. We’re at discounts now for brand new watches, and there will be much more to come.

[Rickkk]

Originally Posted by shammad10

Haha, struck a nerve?

Maybe I don't have them because I don't want them...

People who have nothing respond like this. I hope things get better for you and you can afford something nice one day

[Rickkk]

Originally Posted by Vince_76

15720st dated this week, BNIB full set for 29k.

That’s the same price as MSRP, and doesn’t even factor tax. We’re at discounts now for brand new watches, and there will be much more to come.

I don’t doubt that some watches will go under rrp at the greys but it will be the less desirable ones as the one you’ve mentioned. I’ve seen that kicking around for 25k here and retail is 24,900!

[psm11]

Originally Posted by Rickkk

I don’t doubt that some watches will go under rrp at the greys but it will be the less desirable ones as the one you’ve mentioned. I’ve seen that kicking around for 25k here and retail is 24,900!

According to greys and some folks on here every Rolex, AP, and PP are desirable.

Yet, you have new RO offshores selling for like 12-15k off retail. 15500s getting price cuts every week and still not selling.

Sure Daytonas and Jumbos will never sell for MSRP but I think it’s a strong possibility that run of the mill royal oaks will get to +/- MSRP.

[Mathematoxic]

Originally Posted by steeevvvooo

But prices for any of the larger dealers don't seems to suggest they want to sell anything either!? UK is a really odd market.

At least the US has pretty transparent pricing in moda (not perfect...) and large greys who sponsor on here who have at least historically wanted to buy/sell regularly (I dealt with a few multiple times pre-covid). Appreciate even those guys have slowed a lot recently too though by all accounts.

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Just wait. Nothing is moving at their prices. But we have to also understand that if they make a sudden drop, it’s gonna be very negative for the UK market. Maybe there are some “back door” selling happening at big greys LOL!

After Christmas and probably New year we will probably see more decline

[psm11]

Originally Posted by Rickkk

People who have nothing respond like this. I hope things get better for you and you can afford something nice one day

Strange post… the guy was just testing the waters—what’s the big deal?

Please, not another poster who comes on this thread and starts insulting people who are getting excited at the prospect of getting the watch they want for a reasonable price.

I get it — if you bought a Daytona or Royal Oak at top of market you are not happy where things are going. However, if you don’t like the topic there are hundreds of other threads you can view.

[EEpro]

I want a blue 15500 for $29,990

Is that so much to ask?!

[sigma089]

Originally Posted by Mathematoxic

15450st(Grey dial) 2021 watch+card asking $29,350 since 22 Nov not sold.

Thanks!

[Benzsiam]

Originally Posted by EEpro

I want a blue 15500 for $29,990

Is that so much to ask?!

At that price it will be a long wait or watch only (naked).

[Mr Ben]

Originally Posted by shammad10

Believe it or not I think the UK Rolex secondary market is done. I was bored this afternoon so decided to ring round about 8 prominent grey dealers in the UK, watchfinder etc etc and offer some 'popular models' that I don't actually own.

Not a single one wanted to buy a watch. Even on consignment. Seems that the day of people flipping watches is done.

I’d agree. In a similar way, I’ve been messing around from the purchasing side. I flagged 8 available U.K. watches on eBay about 2 weeks ago. I love that they call it my “watch-list”…

All are BNIB or at least mint/ unworn, competitively priced compared with the last year and available from reputable sellers/ can be viewed in brick & mortar stores. There have been several discounts and offers, some quite substantial and not one of them has sold. Astonishing at this time of year - looking forward to some sensible prices in ‘23!!

[PJDIESEL]

but but but................... CHRISTMAS!!!

[Vince_76]

Originally Posted by Trailboss516

but....but...the rocket ship! What about the rocket ship???

Actually made me laugh

[QuelleHeureEstIl]

"Swiss watches exports to the UK continue to rise despite sales slowdown"

https://www.watchpro.com/swiss-watch...ales-slowdown/

The combination of softer sales and continuously strong imports of Swiss watches should mean stock levels rising with UK wholesalers and retailers.

2023 will be an interesting year for watch buyers.