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Atlanta · 29 September 2008, 09:58 PM

As I am sure many of you do, I always scan the for sale page to see what the market is doing and check out some cool pics of vintage watches.

I have noticed M-serial LNIB LV's are selling for $4500 to $4700 - this seems like a steal compared to retail prices.

Most people say they are selling to finance a new Rolex purchase. I personally like the LV alot, but wonder if some folks are tired of theirs?

Just an observation - any comments?

Brushpup · 29 September 2008, 10:04 PM

I bet lots are tired of them. Many are still thrilled, but I am sure there are just as many more, who are very weary of that stand out green bezel.

Randy · 29 September 2008, 11:26 PM

Many have purchased the LV hoping it would be a short run production.

Slieverue · 29 September 2008, 11:47 PM

Quote:

Originally Posted by Randy

Many have purchased the LV hoping it would be a short run production.

I agree - that was my main motivation for initially looking at them, but nobody seemed to know how many were going to be produced.

I was hoping they were going to be a limited edition - but not so. Got a SD instead.

gmtobsessed · 29 September 2008, 11:39 PM

Agree, but I think the green bezel is cool, just not a big fan of maxi dial.

Erix · 30 September 2008, 12:02 AM

Quote:

Originally Posted by gmtobsessed

Agree, but I think the green bezel is cool, just not a big fan of maxi dial.

Agree in inverse, don't like the green bezel, but think the maxi dial is cool.

sea-dweller · 30 September 2008, 12:01 AM

LV's would be cool IF that green bezel was black. IMHO.

Jocke · 30 September 2008, 06:19 AM

Quote:

Originally Posted by sea-dweller

LV's would be cool IF that green bezel was black. IMHO.

Yes but then a LV will be a LN.

Jocke

Trurolexer · 30 September 2008, 01:18 PM

Quote:

Originally Posted by Jocke

Yes but then a LV will be a LN.

Jocke

vh_bu98 · 30 September 2008, 01:27 PM

I sold my LV after a year to finance my platinum YM. I will admit that the idea of it being less common was a lure for me. I did like the green, but I honestly would not have bought it if I had to do it over.

rescue7 · 1 October 2008, 10:26 AM

Quote:

Originally Posted by sea-dweller

LV's would be cool IF that green bezel was black. IMHO.

Totally agree, like Jocke said "Call it Sub LN".

Chris B · 30 September 2008, 01:13 AM

Maybe people are a bit too capricious when it comes to their watches, probably caused from looking at pics of other models on TRF lol.

The LV is an absolutely stunning watch, my son was wearing his at the weekend & it looked awesome

Atlanta · 30 September 2008, 01:54 AM

One of the two I saw sold since I started the thread - maybe I should get a commission! Just kidding - the while purpose of the thread is because I thought they are great deals and can't believe the low cost. I love seeing other TRF'ers get good deals.

BillA · 30 September 2008, 02:06 AM

Some people might be selling to pay the rent/mortgage

Trurolexer · 30 September 2008, 02:43 AM

I think all models of Rolex is drop now in the market.

Don't know why...

But LV still my keeper. I love it.

harvey · 30 September 2008, 02:46 AM

i LoVe my LV... but i wear it with smart casuals... not sure how it would look with business attire...

i think the older lv has a nicer colour... although some would disagree...

Howie · 30 September 2008, 03:17 AM

mike · 30 September 2008, 08:32 AM

Quote:

Originally Posted by Howie

Nice shot!!

Bisquitlips · 30 September 2008, 08:42 AM

Quote:

Originally Posted by mike

Nice shot!!

That is a gorgeous shirt!

zak98 · 1 October 2008, 08:35 AM

Quote:

Originally Posted by Howie

excellent shot.. makes me want to pick one up!

BondandBigM · 30 September 2008, 06:22 AM

Quote:

Originally Posted by harvey.eu

i think the older lv has a nicer colour... although some would disagree...

Just noticed your comment, aren't they all the same colour, I looked at a new LV a couple of weeks ago when I tried the Daytona on and it looked exactly the same colour as mine.

B.

globalphotographic · 30 September 2008, 03:54 AM

In 2004 on a shoot back in India a Time Mag had this watch a a centerfold. I really loved it, brought back the Time Mag and kep studying it for the next few years while saving. Even tried it on last summer. Didn't work - colour not timeless at all - plus the bracelet of those old Rolexes just feels cheap.

Might or might not feel the same way about my GMT IIc YG in a few years.

My advice would be get it if that colour does it for you. But as an investment - don't.

best
www.globalphotographic.net

BondandBigM · 30 September 2008, 06:11 AM

I'd be interested to know how many LV's have been sold compared to regular Sub's. I've had mine for about 18 months now and can honestly say I have never seen anybody else wearing one. Not bothered about the price bought it because I like it although I was tempted with a Daytona I tried on a couple of weeks ago but that moment has passed and I'll hold on the LV

f16570 · 30 September 2008, 06:05 AM

All things will eventually find their market value.
Perhaps the novelty has worn off.

scottschoe · 30 September 2008, 06:17 AM

LV prices have been dropping steadily for a while now. Can't comment on why though.

Howie · 30 September 2008, 06:25 AM

The LV is a bit funky, and certainly not for everyone, and that's the point. But then, the 1655 (orange hand explorer) was also considered too 'out there' when it first came out, and look at the value of that watch now.

vjb.knife · 30 September 2008, 07:52 AM

When has Rolex ever made a limited production. The LV is as close as it gets these days. I think they will stop making them in a year or so when the Submariner changes to the new case in stainless and the LV will be very rare indeed. Much more so than the current SD. It will be the only maxi dial Submariner model ever made in the smaller case. Once people realize that I do not believe the prices will be lower. I will keep mine anyway because I like it. It isn't the only Submariner I have and certainly not the only diving watch, but it is a keeper.

mike · 30 September 2008, 08:40 AM

Quote:

Originally Posted by vjb.knife

When has Rolex ever made a limited production. The LV is as close as it gets these days. I think they will stop making them in a year or so when the Submariner changes to the new case in stainless and the LV will be very rare indeed. Much more so than the current SD. It will be the only maxi dial Submariner model ever made in the smaller case. Once people realize that I do not believe the prices will be lower. I will keep mine anyway because I like it. It isn't the only Submariner I have and certainly not the only diving watch, but it is a keeper.

Good points Vince.

As was also mentioned, look at the 1655. Not exactly a rare reference, but pricing today?? In some sence the same can be said about the 1680 WHITE, 5513 even the 1675.

Most people today look at the microcosm of the here and now. -- The quick buck--. Any reference that eventually becomes a true collector's piece does so over time as the collecting community evaluates the watches place in the overall scheme of things.

The jury is still out on most any reference that is current production.

builtforspeed · 15 October 2008, 04:07 AM

I purchased an LV in December '03. It's an "F" serial numbered piece. I've been told that the first year of issue of the LV is more valuable than subsequent years/serials. Comments?

I've also been told a green composite rotor was used in the "F". Is this another apocryphal story about the ever-mysterious Rolex Co.?

I don't think I'll ever part with the LV, although I don't wear it very often.

Great to find this site. Everyone's very friendly and well-informed.

adr · 17 October 2008, 09:26 PM

Quote:

Originally Posted by vjb.knife

When has Rolex ever made a limited production. The LV is as close as it gets these days. I think they will stop making them in a year or so when the Submariner changes to the new case in stainless and the LV will be very rare indeed. Much more so than the current SD. It will be the only maxi dial Submariner model ever made in the smaller case. Once people realize that I do not believe the prices will be lower. I will keep mine anyway because I like it. It isn't the only Submariner I have and certainly not the only diving watch, but it is a keeper.

Back here price back to retail, no longer a premium.
The AD told me it's over production.

What's the new Submariner new case about ?

Please tell to a newbie .. me .. thanks ..

29 September 2008, 09:58 PM	#1
Atlanta "TRF" Member Join Date: Jul 2008 Real Name: Jack Location: Atlanta, GA Watch: 126619LB & 114270 Posts: 767	Price of used LV's? Dropping fast! As I am sure many of you do, I always scan the for sale page to see what the market is doing and check out some cool pics of vintage watches. I have noticed M-serial LNIB LV's are selling for $4500 to $4700 - this seems like a steal compared to retail prices. Most people say they are selling to finance a new Rolex purchase. I personally like the LV alot, but wonder if some folks are tired of theirs? Just an observation - any comments? __________________ Member# 14554

29 September 2008, 10:04 PM	#2
Brushpup "TRF" Member Join Date: Jun 2007 Real Name: Patrick Location: Texas Watch: what I'm wearing Posts: 5,943	I bet lots are tired of them. Many are still thrilled, but I am sure there are just as many more, who are very weary of that stand out green bezel. __________________ *TRFs "AFTER DARK" Bar & NightClub Patron-Founding Member* PClub # 10 74,592 The safest place for your watch is on your wrist.

30 September 2008, 01:54 AM	#13
Atlanta "TRF" Member Join Date: Jul 2008 Real Name: Jack Location: Atlanta, GA Watch: 126619LB & 114270 Posts: 767	One of the two I saw sold since I started the thread - maybe I should get a commission! Just kidding - the while purpose of the thread is because I thought they are great deals and can't believe the low cost. I love seeing other TRF'ers get good deals. __________________ Member# 14554

30 September 2008, 02:46 AM	#16
harvey "TRF" Member Join Date: Apr 2008 Location: rolexforums.com Posts: 5,426	i LoVe my LV... but i wear it with smart casuals... not sure how it would look with business attire... i think the older lv has a nicer colour... although some would disagree... __________________ And ever has it been that love knows not its own depth until the hour of separation.

30 September 2008, 03:17 AM	#17
Howie "TRF" Member Join Date: Apr 2008 Location: New York Posts: 1,036	It looks great with a suit, but may also depend on who's wearing it

29 September 2008, 11:26 PM	#3
Randy "TRF" Member Join Date: Apr 2007 Real Name: Randy Location: Ohio Watch: AP, Rolex, Panerai Posts: 1,241	Many have purchased the LV hoping it would be a short run production.

29 September 2008, 11:39 PM	#5
gmtobsessed "TRF" Member Join Date: Apr 2008 Location: Indonesia Posts: 1,373	Agree, but I think the green bezel is cool, just not a big fan of maxi dial.

30 September 2008, 12:01 AM	#7
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	LV's would be cool IF that green bezel was black. IMHO.

30 September 2008, 01:27 PM	#10
vh_bu98 "TRF" Member Join Date: Nov 2006 Real Name: Vu Location: Dallas area Watch: Platinum YM Posts: 2,646	I sold my LV after a year to finance my platinum YM. I will admit that the idea of it being less common was a lure for me. I did like the green, but I honestly would not have bought it if I had to do it over.

30 September 2008, 01:13 AM	#12
Chris B "TRF" Member Join Date: Aug 2006 Location: Peterborough Posts: 9,631	Maybe people are a bit too capricious when it comes to their watches, probably caused from looking at pics of other models on TRF lol. The LV is an absolutely stunning watch, my son was wearing his at the weekend & it looked awesome

30 September 2008, 02:06 AM	#14
BillA 2024 Pledge Member Join Date: Mar 2007 Location: US Posts: 3,869	Some people might be selling to pay the rent/mortgage

30 September 2008, 02:43 AM	#15
Trurolexer Banned Join Date: Dec 2007 Location: USA Watch: 5513MaxiI+PreComex Posts: 18,421	I think all models of Rolex is drop now in the market. Don't know why... But LV still my keeper. I love it.

30 September 2008, 03:54 AM	#22
globalphotographic Member Join Date: Apr 2007 Location: Changes a lot Posts: 75	In 2004 on a shoot back in India a Time Mag had this watch a a centerfold. I really loved it, brought back the Time Mag and kep studying it for the next few years while saving. Even tried it on last summer. Didn't work - colour not timeless at all - plus the bracelet of those old Rolexes just feels cheap. Might or might not feel the same way about my GMT IIc YG in a few years. My advice would be get it if that colour does it for you. But as an investment - don't. best www.globalphotographic.net

30 September 2008, 06:11 AM	#23
BondandBigM "TRF" Member Join Date: Apr 2007 Location: Vauxhall Cross Posts: 330	I'd be interested to know how many LV's have been sold compared to regular Sub's. I've had mine for about 18 months now and can honestly say I have never seen anybody else wearing one. Not bothered about the price bought it because I like it although I was tempted with a Daytona I tried on a couple of weeks ago but that moment has passed and I'll hold on the LV

30 September 2008, 06:05 AM	#24
f16570 "TRF" Member Join Date: Jan 2007 Real Name: F Location: Scotland Watch: Exp II White Face Posts: 4,272	All things will eventually find their market value. Perhaps the novelty has worn off. __________________ Why have what's new when you have what's best. f

30 September 2008, 06:17 AM	#25
scottschoe "TRF" Member Join Date: Nov 2007 Location: CA Posts: 3,295	LV prices have been dropping steadily for a while now. Can't comment on why though. __________________ __________________

30 September 2008, 06:25 AM	#26
Howie "TRF" Member Join Date: Apr 2008 Location: New York Posts: 1,036	The LV is a bit funky, and certainly not for everyone, and that's the point. But then, the 1655 (orange hand explorer) was also considered too 'out there' when it first came out, and look at the value of that watch now.

30 September 2008, 07:52 AM	#27
vjb.knife Member Join Date: Jan 2008 Real Name: Vince Location: Pittsburgh, PA Watch: Rolex Sub & GMTIIC Posts: 626	Limited Production When has Rolex ever made a limited production. The LV is as close as it gets these days. I think they will stop making them in a year or so when the Submariner changes to the new case in stainless and the LV will be very rare indeed. Much more so than the current SD. It will be the only maxi dial Submariner model ever made in the smaller case. Once people realize that I do not believe the prices will be lower. I will keep mine anyway because I like it. It isn't the only Submariner I have and certainly not the only diving watch, but it is a keeper.

15 October 2008, 04:07 AM	#29
builtforspeed "TRF" Member Join Date: Oct 2008 Location: Arizona Posts: 380	"F" Serial numbered LV I purchased an LV in December '03. It's an "F" serial numbered piece. I've been told that the first year of issue of the LV is more valuable than subsequent years/serials. Comments? I've also been told a green composite rotor was used in the "F". Is this another apocryphal story about the ever-mysterious Rolex Co.? I don't think I'll ever part with the LV, although I don't wear it very often. Great to find this site. Everyone's very friendly and well-informed.

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