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Token74 · 12 January 2022, 04:47 AM

Could be money laundering, in which case let’s hope they get caught eventually.

Could be dealers playing a game to drive up prices and hype, in which case let’s be a bit irritated but not surprised.

Could be a really wealthy person, in which case good luck to them, I wish I was wealthy enough not to care. And let’s face it, some people pay that much and more for a flight on a Private Jet, so let’s keep things in perspective, some people earn more than that in the time it would have taken them to arrange a purchase on C24!!

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Hpozzuoli · 12 January 2022, 05:07 AM

Gotta clean the money somehow. No relatively smart person would pay that for a stainless steel hulk, a modern reference at that.

MrMercedes · 12 January 2022, 06:02 AM

Wow!!

173rdabn · 12 January 2022, 06:35 AM

Good grief!

inadeje · 12 January 2022, 07:06 AM

There has to be something I don’t understand with these auction sales. Some economic advantages that I’m unfamiliar with, possibly tax right-off benefits or some other mysterious upside that justifies these absurd sales of contemporary mass produced items selling for twice the already absurd grey prices.

Can anyone enlighten me on tax code advantages or other quirky exclusively auction derived benefits to camouflage capital?

malba2366 · 12 January 2022, 07:13 AM

Doubtful anyone that needs to launder money is doing it with a $50K watch. Probably just a rich buyer who wanted to buy it from a source they were familiar with vs a seller unknown to them on the internet.

TheWatchmen · 12 January 2022, 07:15 AM

Quote:

Originally Posted by Farsh14

Muhahahah love flexing the best sub out there that I paid at retail in 2017. Just a true stunner feel bad for ppl who over wait or over spend for the rather BORING “Starbucks”

I think it’ll be normal at 50k in no time

Hooray for flexing on the internet to strangers! Maybe I should give it a try, does it make you feel neat and powerful?

bob sims · 12 January 2022, 07:17 AM

Quote:

Originally Posted by donas

If that's how they launder, they won't be in business long, lol. I don't think it's a good deal to get less than 50 cents to the dollar when you clean your money.

That's right. They can get gold coins for 3 or 4 percent.

7enderbender · 12 January 2022, 08:24 AM

I don’t get it. It’s the green version of a ~$8000 watch. With a hideous maxi case.

dialguy48 · 12 January 2022, 11:01 AM

Quote:

Originally Posted by majidessa

Less iconic pieces by Rolex are being sold at higher premiums so why not the Hulk? Being the only SS Sub with a colored dial that simulate the color of the Crown !!!

Crazy I know but for a discontinued model at 30K it remains a bargin in this crazy market.

Sent from my SM-G998B using Tapatalk

agreed

Boaters · 12 January 2022, 11:10 AM

Way overpriced crazy times we live in. I just enjoy wearing what I have would never spend that kind of money.

malba2366 · 12 January 2022, 11:22 AM

This person is going to be upset when the hulk is rereleased....

Lol-x · 12 January 2022, 11:33 AM

I guess during COVID people must have saved a lot.

Sometimes auctions can cause prices to go crazy so this is not expected to be the regular 'normal' price.

Clydestime · 12 January 2022, 11:36 AM

Quote:

Originally Posted by Lol-x

I guess during COVID people must have saved a lot.

Sometimes auctions can cause prices to go crazy so this is not expected to be the regular 'normal' price.

Yes especially when the auction is competitive, most people wants to get it at all cost.

Sent from my iPhone using Tapatalk

HideMyWalletPlease · 12 January 2022, 11:42 AM

Wow. The Hulk has become my beater watch. I wear it to the beach a lot.

Pinchy · 12 January 2022, 03:13 PM

It's the most out there modern SS Submariner. And it's beautiful.

I'm a little surprised to see it exceed the 25K mark this soon, but ultimately, it should not be priced any lower than any current in production SS sports watch.

Nairn1980 · 12 January 2022, 05:05 PM

Quote:

Originally Posted by 7enderbender

I don’t get it. It’s the green version of a ~$8000 watch. With a hideous maxi case.

Not everyone gets the hulk. Personally it’s one of my favourite watches

Randy9999 · 12 January 2022, 09:29 PM

Quote:

Originally Posted by KVNNSCHNG

Money laundering. Next.

I won’t even ask how much they charge to do shirts.

supernova · 12 January 2022, 10:36 PM

Just egotistic millionaires/billionaires that can say they paid XXXXXXX much on this piece at auction, I would never take prices at Sothbys/Christies/Phillips as the market price for non unique pieces.

ROLEX MAN · 12 January 2022, 10:45 PM

Aaaaah "BITCOIN"!!

brandrea · 12 January 2022, 10:47 PM

I hope whoever bought it, wears it

enjoythemusic · 12 January 2022, 11:22 PM

Quote:

Originally Posted by 7enderbender

I don’t get it. It’s the green version of a ~$8000 watch. With a hideous maxi case.

It could be that since the Hulk was released, global central banks have FLOODED the world with tr€££ion$ of their currency product. As the currency product values have greatly decreased, those closest to the currency product release receive the greatest benefit. Have you seen the price of gas since the Hulk was released?

Btw, yes the mkt has lost its mind, yet headlines keep the PR flow going for auction houses.

1lastone · 12 January 2022, 11:52 PM

Market shills

jinikari01 · 13 January 2022, 12:11 AM

Jebus Christ... What is the watch world coming to. Regardless of the reason or intention of the winning bid. This is just insane. On a freaking hulk.

SaddleSC · 13 January 2022, 02:22 AM

I would have been happy to sell him mine at a big discount...call it $53,500 and no auction fees!

dialguy48 · 14 January 2022, 10:43 AM

Quote:

Originally Posted by SaddleSC

I would have been happy to sell him mine at a big discount...call it $53,500 and no auction fees!

Hollie_Rollie · 14 January 2022, 12:41 PM

Quote:

Originally Posted by Farsh14

Muhahahah love flexing the best sub out there that I paid at retail in 2017. Just a true stunner feel bad for ppl who over wait or over spend for the rather BORING “Starbucks”

I think it’ll be normal at 50k in no time

Corny.

Sent from my iPhone using Tapatalk

malba2366 · 14 January 2022, 12:56 PM

Quote:

Originally Posted by Farsh14

Muhahahah love flexing the best sub out there that I paid at retail in 2017. Just a true stunner feel bad for ppl who over wait or over spend for the rather BORING “Starbucks”

I think it’ll be normal at 50k in no time

Personally not my cup of tea, but for anyone who wants one its coming back....

GradyPhilpott · 14 January 2022, 01:51 PM

Quote:

Originally Posted by Farsh14

Muhahahah love flexing the best sub out there that I paid at retail in 2017. Just a true stunner feel bad for ppl who over wait or over spend for the rather BORING “Starbucks”

I think it’ll be normal at 50k in no time

Oh, brother!

A new nickname.

GradyPhilpott · 14 January 2022, 01:59 PM

Quote:

Originally Posted by Token74

Could be money laundering, in which case let’s hope they get caught eventually.

Could be dealers playing a game to drive up prices and hype, in which case let’s be a bit irritated but not surprised.

Could be a really wealthy person, in which case good luck to them, I wish I was wealthy enough not to care. And let’s face it, some people pay that much and more for a flight on a Private Jet, so let’s keep things in perspective, some people earn more than that in the time it would have taken them to arrange a purchase on C24!!

Sent from my iPhone using Tapatalk

Most of the wealthy people I've known have not been the types to brag about overspending. In fact, they are just the opposite. They usually brag about the great deal they got because of some connection that have with some individual who knows the ropes of a certain industry.

It's the knuckleheads who fell bass-ackwards into money who brag about how much money they wasted on some gaudy piece no one with money would be caught dead wearing or owning.

12 January 2022, 04:47 AM	#31
Token74 "TRF" Member Join Date: Dec 2012 Real Name: Vince Location: England Watch: Too many! Posts: 5,744	Could be money laundering, in which case let’s hope they get caught eventually. Could be dealers playing a game to drive up prices and hype, in which case let’s be a bit irritated but not surprised. Could be a really wealthy person, in which case good luck to them, I wish I was wealthy enough not to care. And let’s face it, some people pay that much and more for a flight on a Private Jet, so let’s keep things in perspective, some people earn more than that in the time it would have taken them to arrange a purchase on C24!! Sent from my iPhone using Tapatalk __________________ Time is limited, make every second count. Patek Philippe Nautilus 5990 - AP Royal Oak 15300 - AP Royal Oak 15450 Blue - AP Royal Oak 15450 Silver - AP Royal Oak Offshore 26480 - Royal Oak Offshore 15710 - Rolex Sea Dweller 116600 - Rolex Daytona 116519 - Rolex GMT 126710 BLRO - Omega Speedmaster Reduced - JLC Reverso GMT Moonphase - TAG Microtimer - Dent Pocket Watch - JLC Atmos Phases de lune

12 January 2022, 07:06 AM	#35
inadeje 2024 SubLV41 Pledge Member Join Date: Jan 2013 Location: Miami Watch: me lose count. Posts: 5,882	There has to be something I don’t understand with these auction sales. Some economic advantages that I’m unfamiliar with, possibly tax right-off benefits or some other mysterious upside that justifies these absurd sales of contemporary mass produced items selling for twice the already absurd grey prices. Can anyone enlighten me on tax code advantages or other quirky exclusively auction derived benefits to camouflage capital? __________________ ♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41

12 January 2022, 11:33 AM	#43
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,553	I guess during COVID people must have saved a lot. Sometimes auctions can cause prices to go crazy so this is not expected to be the regular 'normal' price. __________________ *Most folks are about as happy as they make up their minds to be.* ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim

12 January 2022, 10:45 PM	#50
ROLEX MAN 2024 SubLV41 Pledge Member Join Date: Jan 2008 Real Name: Martin Location: Home and Away Watch: you? "YES PLEASE"! Posts: 3,714	Aaaaah "BITCOIN"!! __________________ *it's not just about telling the time...* *happy rolexing...* I'm just a man with a passion

13 January 2022, 02:22 AM	#55
SaddleSC "TRF" Member Join Date: Sep 2010 Real Name: Charles B Location: GMT -7 Watch: Hulk 116610LV Posts: 6,131	I would have been happy to sell him mine at a big discount...call it $53,500 and no auction fees! __________________ Hulk 116610LV + GMT II 126710 BLNR + Explorer 124270 + Air King 126900 + Submariner 16613LB

12 January 2022, 05:07 AM	#32
Hpozzuoli Banned Join Date: Dec 2015 Real Name: Henry Location: Rhode Island Watch: Rolex Posts: 990	Gotta clean the money somehow. No relatively smart person would pay that for a stainless steel hulk, a modern reference at that.

12 January 2022, 06:02 AM	#33
MrMercedes "TRF" Member Join Date: Sep 2019 Real Name: David Location: here and there Watch: too many! Posts: 3,584	Wow!!

12 January 2022, 06:35 AM	#34
173rdabn 2024 SubLV41 Pledge Member Join Date: Jan 2013 Real Name: George Location: Cape Cod Watch: 216570 Explorer II Posts: 2,415	Good grief!

12 January 2022, 07:13 AM	#36
malba2366 "TRF" Member Join Date: Dec 2021 Location: NY Posts: 313	Doubtful anyone that needs to launder money is doing it with a $50K watch. Probably just a rich buyer who wanted to buy it from a source they were familiar with vs a seller unknown to them on the internet.

12 January 2022, 08:24 AM	#39
7enderbender "TRF" Member Join Date: Mar 2020 Location: USA Posts: 976	I don’t get it. It’s the green version of a ~$8000 watch. With a hideous maxi case.

12 January 2022, 11:10 AM	#41
Boaters 2024 Pledge Member Join Date: May 2015 Real Name: Mike Location: Pacific Northwest Watch: 116610LV 16710 SD Posts: 10,652	Way overpriced crazy times we live in. I just enjoy wearing what I have would never spend that kind of money.

12 January 2022, 11:22 AM	#42
malba2366 "TRF" Member Join Date: Dec 2021 Location: NY Posts: 313	This person is going to be upset when the hulk is rereleased....

12 January 2022, 11:42 AM	#45
HideMyWalletPlease "TRF" Member Join Date: Sep 2020 Location: Houston Posts: 1,090	Wow. The Hulk has become my beater watch. I wear it to the beach a lot.

12 January 2022, 03:13 PM	#46
Pinchy "TRF" Member Join Date: Mar 2021 Location: California Posts: 599	It's the most out there modern SS Submariner. And it's beautiful. I'm a little surprised to see it exceed the 25K mark this soon, but ultimately, it should not be priced any lower than any current in production SS sports watch.

12 January 2022, 10:36 PM	#49
supernova "TRF" Member Join Date: Jun 2012 Location: Europe/Asia Watch: AP/Rolex Posts: 1,341	Just egotistic millionaires/billionaires that can say they paid XXXXXXX much on this piece at auction, I would never take prices at Sothbys/Christies/Phillips as the market price for non unique pieces.

12 January 2022, 10:47 PM	#51
brandrea 2024 SubLV41 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 77,705	I hope whoever bought it, wears it

12 January 2022, 11:52 PM	#53
1lastone "TRF" Member Join Date: Jan 2021 Location: U Watch: El primero Posts: 147	Market shills

13 January 2022, 12:11 AM	#54
jinikari01 "TRF" Member Join Date: Jul 2013 Location: Chi Watch: 116710LN Posts: 642	Jebus Christ... What is the watch world coming to. Regardless of the reason or intention of the winning bid. This is just insane. On a freaking hulk.

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