![]() |
ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
![]() |
#1 |
Banned
Join Date: Dec 2019
Location: Alexandria, VA
Posts: 190
|
Prices slump by up to 50% for discontinued Rolex watches (Watchpro)
Interesting data and analysis:
https://www.watchpro.com/prices-slum...rolex-watches/ Cheers! Sent from my iPad using Tapatalk |
![]() |
![]() |
#2 |
"TRF" Member
Join Date: May 2021
Location: UK
Posts: 206
|
I saw this too. The crazy prices for recently discontinued models have gone down a lot, but still quite a bit above their original MRSP.
|
![]() |
![]() |
#3 | |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,827
|
Quote:
__________________
ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder ![]() |
|
![]() |
![]() |
#4 |
"TRF" Member
Join Date: Nov 2017
Location: up a hill
Posts: 1,929
|
The headline isn't really borne out by the data, a bit like when you see "SALE! up to X% off". It usually turns out that the thing you actually want to buy is reduced by only a small fraction of X. Makes a great clickbait headline, though.
I thought these "investment" threads were against TRF rules. I would have thought grownups could research prices of watches themselves, but hey. |
![]() |
![]() |
#5 | |
2024 Pledge Member
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
|
Quote:
__________________
Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
|
![]() |
![]() |
#6 | |
"TRF" Member
Join Date: Dec 2019
Location: Texas
Posts: 554
|
Quote:
After years of threads pumping the rise, I enjoy some threads about the end of the insanity. Maybe in six months people can get the watch they want after some reasonable wait. Sent from my iPhone using Tapatalk
__________________
114060, 126710BLNR, BB58, SPB153 |
|
![]() |
![]() |
#7 |
Banned
Join Date: Jul 2022
Location: United Kingdom
Posts: 65
|
Watch prices are all over the place at the moment because of the economic macro. This is not exclusive to the watch market, it's everywhere.
Speculative grey dealers (mostly inexperienced) spent the last 3-4yrs filling their stock boxes up and now they have nowhere to go because most of them have no liquidity to do anything day by day. Hence why prices are falling because there are more sellers than buyers right now. Times are tough for most people now and less are looking to make luxury purchases. Like anything, if prices start to feel ridiculous (£30k+ for 41mm OP) then apologies but I don't feel too sorry for you for buying if you bought for an InVeStmEnT. Anyone buying watches purely from an investment perspective is likely to get burned at some point. Buy what you like. Buy from an AD and relax, or buy from the Grey Market but prepare to be upset when that number goes down. |
![]() |
![]() |
#8 | |
Banned
Join Date: Nov 2019
Location: Canada
Posts: 321
|
Quote:
![]() |
|
![]() |
![]() |
#9 |
"TRF" Member
Join Date: Oct 2017
Location: East coast
Posts: 6,649
|
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
|
![]() |
![]() |
#10 |
"TRF" Member
Join Date: Mar 2021
Real Name: Jay
Location: Florida
Posts: 98
|
"Data shared by..Chonext"- Mean WHAt exactly??
Auction Prices (doubtful) Asking prices on Chrono24 and TRF? (Most likely) Asking ain't getting as the market is now showing. Did ANYONE actually pay $40K USD for Tiffany Blue OP? |
![]() |
![]() |
#11 | |
Banned
Join Date: Jun 2020
Location: Kanata
Watch: Dog
Posts: 815
|
Quote:
![]() |
|
![]() |
![]() |
#12 |
Banned
Join Date: Sep 2008
Real Name: Fred Tan
Location: Singapore
Watch: Bumble Bee
Posts: 668
|
Doesn’t matter if it drop to free.
In Singapore we have zero, “kosong” OP31/36/41 of any color in all AD. Before sub-prime, before C19, before WnW, after BitCoin collapse all same to us mere mortals without zillions of RMB or Rupiah. Not unless u have Salem family name or your grandparents/parents are current/former CCP Pulitburo |
![]() |
![]() |
#13 | |
"TRF" Member
Join Date: Jul 2018
Location: CONUS
Posts: 370
|
Quote:
|
|
![]() |
![]() |
#14 |
Banned
Join Date: Jun 2020
Location: Kanata
Watch: Dog
Posts: 815
|
|
![]() |
![]() |
#15 |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,827
|
Can assure you added more value over the past 17 odd years than yourself, I am entitled to my opinion if you dont like my opinion dont reply its that simple.
__________________
ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder ![]() |
![]() |
![]() |
#16 |
"TRF" Member
Join Date: Jan 2007
Location: USA
Watch: Daytona
Posts: 6,069
|
All due respect, you have been here for a few years you should know who Peter is and what he brings to this community. He is 100% correct, as this forum should be used for gaining knowledge on the brand, and talk amongst friends rather than discussing prices and valuations all day.
|
![]() |
![]() |
#17 | |
2024 Pledge Member
Join Date: Aug 2010
Real Name: H
Location: North Carolina
Watch: M99230B-0008
Posts: 5,675
|
Quote:
![]()
__________________
|
|
![]() |
![]() |
#18 |
"TRF" Member
Join Date: Sep 2011
Location: USA
Posts: 5,619
|
|
![]() |
![]() |
#19 | |
2024 Pledge Member
Join Date: Aug 2010
Real Name: H
Location: North Carolina
Watch: M99230B-0008
Posts: 5,675
|
Quote:
![]()
__________________
|
|
![]() |
![]() |
#20 | |
2024 Pledge Member
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
|
Quote:
__________________
Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
|
![]() |
![]() |
#21 | |
Banned
Join Date: Nov 2019
Location: Canada
Posts: 321
|
Quote:
It's unfortunate that after 17 years, your TRF persona is now this, but hey, that's just my opinion. |
|
![]() |
![]() |
#22 | |
"TRF" Member
Join Date: Sep 2011
Location: USA
Posts: 5,619
|
Quote:
|
|
![]() |
![]() |
#23 |
Banned
Join Date: Sep 2008
Real Name: Fred Tan
Location: Singapore
Watch: Bumble Bee
Posts: 668
|
Now this explain why I can’t even find any short wheel based Porsche at 10x the current price
|
![]() |
![]() |
#24 |
Banned
Join Date: Sep 2008
Real Name: Fred Tan
Location: Singapore
Watch: Bumble Bee
Posts: 668
|
Now this explain why I can’t even find any short wheel base Porsche at 10x the current price
|
![]() |
![]() |
#25 |
2024 Pledge Member
Join Date: Mar 2007
Location: US
Posts: 3,836
|
Really? Prices going down on discontinued models?
I have been trying to snag a decent 16570 for some time now, I do not see prices dropping that would make me want to jump in. |
![]() |
![]() |
#26 | |
Banned
Join Date: Sep 2008
Real Name: Fred Tan
Location: Singapore
Watch: Bumble Bee
Posts: 668
|
Quote:
Wait till total lockdown and zero C19 policy is lifted in China and we shall see |
|
![]() |
![]() |
#27 |
"TRF" Member
Join Date: Sep 2020
Location: tyo nyc fla ack
Watch: all the good ones
Posts: 1,007
|
Phew. I almost traded my house in Nantucket for 5 “Tiffany” OP 41s and a handful of John Mayer Daytonas. Glad I didn’t. Close call.
|
![]() |
![]() |
#28 |
"TRF" Member
Join Date: Feb 2019
Real Name: Mark
Location: Southern England
Watch: DJ41 SubC SMP mast
Posts: 1,603
|
I for one am all for this forum getting back to discussing watches and their history, design, function and form.
Secondary prices may go up long term, they may go down. Ignore c24 as loads of greedy dealers are just that - greedy and chancers eg asking 25 per cent over retail for a black bay gmt that can be had at retail immediately in almost any dealer worldwide and has been for two years at least. Prices falling is good for collectors - I’m all for it and it’ll take time to reflect online prices. Sent from my iPhone using Tapatalk |
![]() |
![]() |
#29 |
Banned
Join Date: Aug 2021
Location: Henderson, Nevada
Posts: 356
|
Most of the newer members, complaining about the crazy prices of the past two years and whining about how they can’t afford to buy Rolex are now not interested as prices are dropping. Truly, they had no interest in these watches other than for the potential profit they they missed out on by flipping. They’re not interested in buying a Daytona $50,000 nor at $25,000.
|
![]() |
![]() |
#30 | |
"TRF" Member
Join Date: Jul 2010
Location: New Jersey
Posts: 39
|
Quote:
It's similar to when I saw someone trying to offload three two-tone yachtmaster IIs. How did you end up with three of these and what was your thesis for the resale? |
|
![]() |
![]() |
Currently Active Users Viewing This Thread: 9 (0 members and 9 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.