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karmatp · 13 September 2008, 12:27 PM

It is amazing how quickly they are dropping on various sales corners, I have been seeing them sell the low $10,000. I am not sure what MSRP is but they are getting closer and closer. The thing that is really catching my attention is how fast prices are dropping, nothing like the LV, Milgauss or the Daytona. All those models have taken a significant drop also but not this quickly, this seems to me like record time for a so called "hard to get" watch dropping in price on the secondary market.

What do you all think is causing this trend, more supply for the SDDS, the fact that it is just to big and clunky, the economy or other?

Tools · 13 September 2008, 12:31 PM

I think that the outrageous prices were being asked because there were not many of them on the market. People were willing to pay a premium because they wanted to be the first on the block with it..

However, now that they are becoming readily available in the Dealers for list, who will pay the inflated price.....hardly anybody..

mfer · 13 September 2008, 12:32 PM

From what a Rolex rep told me when I was visiting my AD, they do NOT expect any problems with supply on the SDDS. Said they caught enough crap with the IIc and the GV.

scottschoe · 13 September 2008, 12:38 PM

Quote:

Originally Posted by karmatp

It is amazing how quickly they are dropping on various sales corners, I have been seeing them sell the low $10,000. I am not sure what MSRP is but they are getting closer and closer. The thing that is really catching my attention is how fast prices are dropping, nothing like the LV, Milgauss or the Daytona. All those models have taken a significant drop also but not this quickly, this seems to me like record time for a so called "hard to get" watch dropping in price on the secondary market.

What do you all think is causing this trend, more supply for the SDDS, the fact that it is just to big and clunky, the economy or other?

Supply is (and was always supposed to be) high.

springer · 13 September 2008, 01:00 PM

I believe people are out of money after all the GMTc, Milgauss and anniversary Submariner sales. "Can't keep milking the cow forever."

ashu2289 · 13 September 2008, 02:10 PM

The price drop is fairly justified as the supply for SDDS is evidently more as compared to in the past for any newly released model, so why would anybody pay a premium and also the current slow market is not favoring high $$$ sales

Wolfgang427 · 13 September 2008, 02:39 PM

What do you expect?

Rolex is churning them out at a record pace and how long can the market bear to have $9k divers watches selling for a premuim over list?

Soon you will see them in dealer cases unsold even when discounted.

Don't say I didn't warn you.

JJ Irani · 13 September 2008, 04:15 PM

Quote:

Originally Posted by wolfgang427

What do you expect?

Rolex is churning them out at a record pace and how long can the market bear to have $9k divers watches selling for a premuim over list?

Soon you will see them in dealer cases unsold even when discounted.

Don't say I didn't warn you.

That makes sense to me, Wolfgang. At the ridiculous MSRP price on the DSSD, there are much better alternatives out there in the Rolex line up!!

C. Davidson · 13 September 2008, 05:20 PM

Quote:

Originally Posted by JJ Irani

That makes sense to me, Wolfgang. At the ridiculous MSRP price on the DSSD, there are much better alternatives out there in the Rolex line up!!

Good point. The DSSD is what, 40% more than the SD? Thats a huge difference in price. I can understand why people would lean towards the more appropriately priced Submariners, GMT's and other professional models.

gmtobsessed · 13 September 2008, 05:01 PM

Quote:

Originally Posted by wolfgang427

What do you expect?

Rolex is churning them out at a record pace and how long can the market bear to have $9k divers watches selling for a premuim over list?

Soon you will see them in dealer cases unsold even when discounted.

Don't say I didn't warn you.

100% agree, especially the last 2 sentence

rescue7 · 14 September 2008, 06:47 AM

Quote:

Originally Posted by wolfgang427

What do you expect?

Rolex is churning them out at a record pace and how long can the market bear to have $9k divers watches selling for a premuim over list?

Soon you will see them in dealer cases unsold even when discounted.

Don't say I didn't warn you.

Agree with you 100%, including the last 2 sentences.
Warning understood.

oldman2005 · 13 September 2008, 04:14 PM

Even the previous SD was not that popuplar, most people go with a Sub so I can understand the demand is soft the SDDS.

jdc · 13 September 2008, 06:01 PM

Good points guys. What is MSRP on the Deep sea?

spogehead · 13 September 2008, 07:26 PM

Quote:

Originally Posted by jdc

good points guys. What is msrp on the deep sea?

£4750

jdc · 13 September 2008, 09:43 PM

Quote:

Originally Posted by spogehead

£4750

Bloody hell that is a lot of dosh

Trurolexer · 13 September 2008, 10:05 PM

Quote:

Originally Posted by jdc

Bloody hell that is a lot of dosh

For The Diver's watch...A bit too much...

Atlanta · 13 September 2008, 09:39 PM

I love it! Anyone selling one of these this quick was trying to make a buck. No sympathy from me.

steel4me · 14 September 2008, 12:43 AM

Quote:

Originally Posted by Atlanta

I love it! Anyone selling one of these this quick was trying to make a buck. No sympathy from me.

yeah I wanna scream at them now and say "suck on that steel suckers!!!"

jaeger · 15 September 2008, 12:05 AM

Quote:

Originally Posted by steel4me

yeah I wanna scream at them now and say "suck on that steel suckers!!!"

Calm down...

f16570 · 13 September 2008, 10:24 PM

Anyone that looses money after paying over list gets what coming to them. MUGS.

hdman1216 · 14 September 2008, 12:11 AM

Quote:

Originally Posted by karmatp

It is amazing how quickly they are dropping on various sales corners, I have been seeing them sell the low $10,000. I am not sure what MSRP is but they are getting closer and closer. The thing that is really catching my attention is how fast prices are dropping, nothing like the LV, Milgauss or the Daytona. All those models have taken a significant drop also but not this quickly, this seems to me like record time for a so called "hard to get" watch dropping in price on the secondary market.

What do you all think is causing this trend, more supply for the SDDS, the fact that it is just to big and clunky, the economy or other?

I bought a GV Millgauss last March for MSRP. Sold it in 3 days for $16,500. Now they are MSRP all over the US. I am just glad that I made a quick 10K and not stuck with this Albatross like many are.

tphan · 14 September 2008, 12:24 AM

The Deep Sea isn't that special of a Rolex. Similar to the new Milgauss when its first introduced.

All hype.

The SS Daytona still rule

ashu2289 · 14 September 2008, 06:35 AM

Quote:

Originally Posted by tphan

The Deep Sea isn't that special of a Rolex. Similar to the new Milgauss when its first introduced.

All hype.

The SS Daytona still rule

JohnEaton · 14 September 2008, 07:12 AM

Quote:

Originally Posted by tphan

The Deep Sea isn't that special of a Rolex. Similar to the new Milgauss when its first introduced.

All hype.

The SS Daytona still rule

I agree that I've seen crazy gray markets prices on all three models, and I've seen the gray market price drop on the GV and would assume that the DSSD will soon follow.

[Question: How is 12,800 ft NOT special???]

I must say that I love my Daytona, my Deep Sea and my Milgauss and was not planning on flipping any...

I think they ALL rule

1MAC · 15 September 2008, 02:46 AM

Quote:

Originally Posted by hdman1216

I bought a GV Millgauss last March for MSRP. Sold it in 3 days for $16,500. Now they are MSRP all over the US. I am just glad that I made a quick 10K and not stuck with this Albatross like many are.

Wow! Nice flip. Wish I could make a deal like that. I usually buy high and sell low.

BigHat · 15 September 2008, 03:28 AM

For one, I applaud the fact that Rolex isn't feeding the GM and profit flippers by dripping out new models. If you introduce a new model, you should make it available to the market.
One could say that they may have hoped to do this with the GV had they not experienced crystal supply issues that inadvertently led to the clamor for that model in excess of true demand.

pilfilr · 14 September 2008, 03:51 AM

Too soon to determine price. Most AD's are promised a second unit by Christmas. But, what about next year? Like the GMT IIc, Its price (MSRP) shot up $900 by the second year. I cannot imagine the Deepsea price hike next year. Probably MSRP will be $9600? If they only deliver 3-4 per AD per year...the resale will stay high. If they flood the market... You will get one 15% off MSRP. Time will tell...

SLS · 14 September 2008, 06:38 AM

Quote:

Originally Posted by pilfilr

If they flood the market... You will get one 15% off MSRP. Time will tell...

That is what I am expecting....and waiting to happen. I like the watch, but I do not have to have it now.
~Scott

WatchTimes · 14 September 2008, 07:49 AM

Love my Deep Sea.
Was the envy of the Rolex store owner in Mandalay Bay
the other day as they dont have them in yet... He was shocked
I had one and that they had them in Michigan before them. He
offered me cash on the spot but I declined. At first I thought
of flipping this watch as I thought it would be too big on my
6 & 3/4 in wrist but it fits and feel like a dream.

I paid MSRP and I don't think anyone should pay over, they will be
in the stores soon enough without the wait... Just wait till Feb at
latest Id bet.

I have an M SD and an M DSSD (last year of one first of other... Soooo cool!)

gmt master x · 14 September 2008, 02:11 PM

Quote:

Originally Posted by JYogi

Love my Deep Sea.
Was the envy of the Rolex store owner in Mandalay Bay
the other day as they dont have them in yet... He was shocked
I had one and that they had them in Michigan before them. He
offered me cash on the spot but I declined. At first I thought
of flipping this watch as I thought it would be too big on my
6 & 3/4 in wrist but it fits and feel like a dream.

I paid MSRP and I don't think anyone should pay over, they will be
in the stores soon enough without the wait... Just wait till Feb at
latest Id bet.

I have an M SD and an M DSSD (last year of one first of other... Soooo cool!)

Thanks for that post, i was starting to think i bought a lemmon at msrp. I will have my ds sd on tuesday, will try it on and decide if i am goin gto keep it or send it to swiss luxury for a 500 dollar profit. I hope the beast fits. As for all the bashing, whatever,

13 September 2008, 12:27 PM	#1
karmatp "TRF" Member Join Date: Sep 2007 Real Name: Trevor Location: Arizona Posts: 5,740	SDDS....... prices are a droppin It is amazing how quickly they are dropping on various sales corners, I have been seeing them sell the low $10,000. I am not sure what MSRP is but they are getting closer and closer. The thing that is really catching my attention is how fast prices are dropping, nothing like the LV, Milgauss or the Daytona. All those models have taken a significant drop also but not this quickly, this seems to me like record time for a so called "hard to get" watch dropping in price on the secondary market. What do you all think is causing this trend, more supply for the SDDS, the fact that it is just to big and clunky, the economy or other? __________________ My grails:

13 September 2008, 12:31 PM	#2
Tools TRF Moderator & 2025 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,583	I think that the outrageous prices were being asked because there were not many of them on the market. People were willing to pay a premium because they wanted to be the first on the block with it.. However, now that they are becoming readily available in the Dealers for list, who will pay the inflated price.....hardly anybody.. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

13 September 2008, 12:32 PM	#3
mfer "TRF" Member Join Date: Mar 2007 Real Name: Mik Location: USA Posts: 13,724	From what a Rolex rep told me when I was visiting my AD, they do NOT expect any problems with supply on the SDDS. Said they caught enough crap with the IIc and the GV. __________________ member#3242

13 September 2008, 01:00 PM	#5
springer 2025 Pledge Member Join Date: Apr 2008 Real Name: jP Location: Texas Watch: GMT-MASTER Posts: 17,400	I believe people are out of money after all the GMTc, Milgauss and anniversary Submariner sales. "Can't keep milking the cow forever." __________________ Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics.

13 September 2008, 02:10 PM	#6
ashu2289 "TRF" Member Join Date: Apr 2007 Real Name: Ashutosh Location: Rochester NY Watch: Daytonas,SD Posts: 2,342	The price drop is fairly justified as the supply for SDDS is evidently more as compared to in the past for any newly released model, so why would anybody pay a premium and also the current slow market is not favoring high $$$ sales __________________ Everything becomes nothing after ROLEX 116520 SS Daytona White Dial 116520 SS Daytona Black Dial 116523 18K&SS Daytona Slate Dial 16600 Sea-Dweller 16710 GMT Master II Pepsi Bezel 16613 18K&SS Submariner Blue Dial 116660 Deepsea Sea-Dweller

13 September 2008, 02:39 PM	#7
Wolfgang427 2025 Pledge Member Join Date: Aug 2006 Real Name: Wolfgang Location: New Jersey. Watch: Rolex Tudor Omega Posts: 5,592	What do you expect? Rolex is churning them out at a record pace and how long can the market bear to have $9k divers watches selling for a premuim over list? Soon you will see them in dealer cases unsold even when discounted. Don't say I didn't warn you.

13 September 2008, 04:14 PM	#12
oldman2005 "TRF" Member Join Date: Dec 2006 Location: norcal Posts: 3,031	Even the previous SD was not that popuplar, most people go with a Sub so I can understand the demand is soft the SDDS.

13 September 2008, 06:01 PM	#13
jdc "TRF" Member Join Date: Jan 2008 Real Name: Martin Location: UK Posts: 7,023	Good points guys. What is MSRP on the Deep sea?

13 September 2008, 09:39 PM	#17
Atlanta "TRF" Member Join Date: Jul 2008 Real Name: Jack Location: Atlanta, GA Watch: 126619LB & 114270 Posts: 767	I love it! Anyone selling one of these this quick was trying to make a buck. No sympathy from me. __________________ Member# 14554

13 September 2008, 10:24 PM	#20
f16570 "TRF" Member Join Date: Jan 2007 Real Name: F Location: Scotland Watch: Exp II White Face Posts: 4,272	Anyone that looses money after paying over list gets what coming to them. MUGS. __________________ Why have what's new when you have what's best. f

14 September 2008, 12:24 AM	#22
tphan "TRF" Member Join Date: Mar 2008 Location: Dallas, TX Posts: 831	The Deep Sea isn't that special of a Rolex. Similar to the new Milgauss when its first introduced. All hype. The SS Daytona still rule

15 September 2008, 03:28 AM	#26
BigHat Banned Join Date: Sep 2007 Real Name: Matt Location: Arlington, VA Watch: Lange One MP Posts: 4,043	For one, I applaud the fact that Rolex isn't feeding the GM and profit flippers by dripping out new models. If you introduce a new model, you should make it available to the market. One could say that they may have hoped to do this with the GV had they not experienced crystal supply issues that inadvertently led to the clamor for that model in excess of true demand.

14 September 2008, 03:51 AM	#27
pilfilr "TRF" Member Join Date: Jul 2008 Real Name: Mark Location: Florida Posts: 138	Too soon to determine price. Most AD's are promised a second unit by Christmas. But, what about next year? Like the GMT IIc, Its price (MSRP) shot up $900 by the second year. I cannot imagine the Deepsea price hike next year. Probably MSRP will be $9600? If they only deliver 3-4 per AD per year...the resale will stay high. If they flood the market... You will get one 15% off MSRP. Time will tell... __________________ Just keep the wings level...I'll be right back! DEEPSEA "M", TT SUB Serti Champagne "F", GMT II "COKE" "F" (currently wearing a Pepsi), TT DJ CHAMPAGNE BATTON "P", TT BREITLING CROSSWIND, SS Ceramic Sub (Black), Panerai 288 Radiomir.

14 September 2008, 07:49 AM	#29
WatchTimes 2025 Pledge Member Join Date: Jun 2008 Real Name: JYogi/Jeremy Location: Metro Detroit USA Watch: It's a Rolex! Posts: 5,801	Love my Deep Sea. Was the envy of the Rolex store owner in Mandalay Bay the other day as they dont have them in yet... He was shocked I had one and that they had them in Michigan before them. He offered me cash on the spot but I declined. At first I thought of flipping this watch as I thought it would be too big on my 6 & 3/4 in wrist but it fits and feel like a dream. I paid MSRP and I don't think anyone should pay over, they will be in the stores soon enough without the wait... Just wait till Feb at latest Id bet. I have an M SD and an M DSSD (last year of one first of other... Soooo cool!) __________________ "You won't rise to the occasion - you'll default to your level of training." Barrett Tillman Kentucky Colonel, Tennessee Squire & Combat Leprechaun

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