Thread on Dropping Prices

[eijiboy]

Originally Posted by Vince_76

Exactly. I don’t recall even one high-traffic thread being locked when the discussion was about prices to the moon.

I think as long as we track the market and keep names of sponsored dealers out the thread, that might work.

Yep. Thats why i only post price and model of the watch that is dropping thats it.

[eijiboy]

Originally Posted by Vince_76

Yeah. We all know what we’re talking about…

Lets keep it that way and i think it will go just fine.

[dmash]

Maybe one of you should create a new post title price tracking/current market discussion

And list rules in a 1.2.3. order as the first post? That way nobody gets off track and gets it banned

[HelloMelo]

Originally Posted by dmash

Maybe one of you should create a new post title price tracking/current market discussion

And list rules in a 1.2.3. order as the first post? That way nobody gets off track and gets it banned

Once Larry says it’s okay, I can create one.


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[eijiboy]

Originally Posted by dmash

I was curious as well as to what rule was broken. It was informative about actual market prices and relaying actual prices, not speculating about future values. Gave the consumer a more accurate depiction of the current market scenario revolving around Rolex, not simply an asking price of a dealer which it will never sell for.

This is why i love to post about prices of watches especially the hot one like panda. So that people who are interested knows what price to look for and not depend on big site dealers which we all know are very inflated. Imagine if you selling a watch to them and you were surprised you got lowballed but they selling for exorbitant amount in their online site, you will be shocked.

[eijiboy]

[QUOTE=HelloMelo;12284246]Once Larry says it’s okay, I can create one.

Lets just not put any names of selling platforms. just price and model thats it. If you wanna know, pm is key.

[flyingdoctor]

I thought it was a great thread and was surprised when it got deleted. Seemed such a waste of what was in many posts very thoughtful, erudite and informative information and a slap to the people who had taken the time to try make it an enlightening discussion.

[Mystro]

FYI: Forget “price tracking” threads all together it’s filled with too many issues and it’s theme alone could be reason enough to close the thread.

TRF Rules:
(iii) TRF IS NOT A SHOPPING SERVICE TO AVERTISE GREY MARKET PRICES, OR LINKS TO GREY MARKET PRICES SO PLEASE DO NOT ASK WHERE OR WHO YOU CAN BUY SUCH AND SUCH A WATCH FROM, WHICH AD OR PERSON TO SHOP AT, OR THAT YOU WANT SOMEBODY TO GET IN TOUCH WITH YOU FOR YOUR DESIRES. IF YOU WANT TO BUY OR ARE LOOKING FOR A PARTICULAR WATCH OR ACCESSORY USE THE "WANTED TO BUY" BOARD ONCE YOU HAVE MET THE FORUM REQUIREMENTS.

(iv) THIS IS A ROLEX WATCH DISCUSSION FORUM AND NOT A PRICE OR INVESTMENT OR DISCOUNT DISCUSSION FORUM SO IF YOU HAVE A QUERY REGARDING PRICES, INVESTMENTS OR DISCOUNTS THEN MAKE YOUR OWN PERSONAL ENQUIRIES AND INVESTIGATIONS AND DO NOT POST THOSE ISSUES HERE.

[HelloMelo]

BLRO most recent sold for 19.5.


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[Bobcat Sig]

Originally Posted by Tools

Unless things have changed, the Banners are chosen by the Forum Owner for an honorary display (shout out), they are not purchased ad space.

We also have a few write-ups in the Reference Library of outstanding products that have been provided for review.

I appreciate. Thank you.

Originally Posted by Mystro

FYI: Forget “price tracking” threads all together it’s filled with too many issues and it’s theme alone could be reason enough to close the thread.

TRF Rules:
(iii) TRF IS NOT A SHOPPING SERVICE TO AVERTISE GREY MARKET PRICES, OR LINKS TO GREY MARKET PRICES SO PLEASE DO NOT ASK WHERE OR WHO YOU CAN BUY SUCH AND SUCH A WATCH FROM, WHICH AD OR PERSON TO SHOP AT, OR THAT YOU WANT SOMEBODY TO GET IN TOUCH WITH YOU FOR YOUR DESIRES. IF YOU WANT TO BUY OR ARE LOOKING FOR A PARTICULAR WATCH OR ACCESSORY USE THE "WANTED TO BUY" BOARD ONCE YOU HAVE MET THE FORUM REQUIREMENTS.

(iv) THIS IS A ROLEX WATCH DISCUSSION FORUM AND NOT A PRICE OR INVESTMENT OR DISCOUNT DISCUSSION FORUM SO IF YOU HAVE A QUERY REGARDING PRICES, INVESTMENTS OR DISCOUNTS THEN MAKE YOUR OWN PERSONAL ENQUIRIES AND INVESTIGATIONS AND DO NOT POST THOSE ISSUES HERE.

That's a fine line, to be sure. I looked at this locked discussion as more of an economic one that used watches as an example. The prices were merely data points. And if I might be so bold, outside the spirit of both of those rules listed, and therefore, not afoul of the TRF ToS.

[jfmiii]

Originally Posted by HelloMelo

BLRO most recent sold for 19.5.


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Seeing an unworn 2021 126710BLRO on Oyster complete @ 19.3k and unsold

2016 116500 white (with card) sitting unsold at 30k

[JWillard]

Would be nice for members to know the market before a purchase. One issue I do have with the watch community market up let’s talk prices market down oh no let’s not be open about it let’s just blame it on summer or China or earth.

[MiloDiThernan]

Originally Posted by HelloMelo

BLRO most recent sold for 19.5.


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There’s a great story about a man and his Dad’s 6263 elsewhere on this forum, if you look. And in the last 3 years, the best posts I’ve read have been about one guy collecting for 30 or so years only to decide that the Sub was best. Or another guy who compared watch collecting to baseball cards and pitied the rich kid whose Dad bought the lot, denying that kid the yearning, the frustration and the fulfilment.

Your price posts encourage interesting people to leave. The counter-factual to encouraging free discussion (mea culpa) is that interesting people leave. Maybe you should consider that before posting your next price observation.

I was all for letting it rip, but price posts like this convince me that the Mods are right to shut them down. Price posts are like the ugly people turning up on Tinder. All the beautiful people leave.

[S7gpt]

Originally Posted by jfmiii

Seeing an unworn 2021 126710BLRO on Oyster complete @ 19.3k and unsold

2016 116500 white (with card) sitting unsold at 30k

A 126710blro on jubilee advertised in the $18k range now, at this rate I know what I will be wanting for xmas

[Andy0331]

I can see where naming dealers could upset some. I have no ill will towards any grey dealer, as long as they are honest; which can certainly be said for every transaction I've had with Trusted Sellers and others.

But it's nice to have a thread tracking prices "down". Prices going up interest the so-called investors, but there have been a lot of "real" collectors that have waited on the sidelines due to the rising costs. Whether it was due to limited funds, unwillingness to pay hype prices, unwilling to "go grey", etc. it's irrelevant. Long time collectors are still wanting to buy.

Bottom line is that there are many of us who are excited to see normalcy return, see stock at AD's & (god-forbid) get a watch near MSRP without a multi-year wait on some nebulous interest list. We don't care what it's going to be worth down the road, as we don't plan on flipping. Yes, some value retention is nice, but I set my expectations at around 50% of MSRP, much like a 4-5 year old car.

[HelloMelo]

Originally Posted by Andy0331

I can see where naming dealers could upset some. I have no ill will towards any grey dealer, as long as they are honest; which can certainly be said for every transaction I've had with Trusted Sellers and others.

But it's nice to have a thread tracking prices "down". Prices going up interest the so-called investors, but there have been a lot of "real" collectors that have waited on the sidelines due to the rising costs. Whether it was due to limited funds, unwillingness to pay hype prices, unwilling to "go grey", etc. it's irrelevant. Long time collectors are still wanting to buy.

Bottom line is that there are many of us who are excited to see normalcy return, see stock at AD's & (god-forbid) get a watch near MSRP without a multi-year wait on some nebulous interest list. We don't care what it's going to be worth down the road, as we don't plan on flipping. Yes, some value retention is nice, but I set my expectations at around 50% of MSRP, much like a 4-5 year old car.

All fair points. The price going up thread is/was mostly the flipper/speculator crowd. I suspect most price going down thread people are actual enthusiasts that want prices to go back to the norm so they can get their pieces at the AD again without having to play all these games.


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[Bobcat Sig]

Originally Posted by MiloDiThernan

There’s a great story about a man and his Dad’s 6263 elsewhere on this forum, if you look. And in the last 3 years, the best posts I’ve read have been about one guy collecting for 30 or so years only to decide that the Sub was best. Or another guy who compared watch collecting to baseball cards and pitied the rich kid whose Dad bought the lot, denying that kid the yearning, the frustration and the fulfilment.

Your price posts encourage interesting people to leave. The counter-factual to encouraging free discussion (mea culpa) is that interesting people leave. Maybe you should consider that before posting your next price observation.

I was all for letting it rip, but price posts like this convince me that the Mods are right to shut them down. Price posts are like the ugly people turning up on Tinder. All the beautiful people leave.

Maybe. But why?

[JWillard]

I'd like to remind everyone that no one is forcing anyone to enter and read any thread.

[Db7566]

Love the moderators and the forum. If price increase threads were allowed for the last several years then bubble busting threads should be allowed also. Honestly not sure why everyone isn’t celebrating. Anyone who paid multiples of MSRP on a luxury item and didn’t see it as a very risky proposition, deserves to learn a lesson.


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[flyingdoctor]

Leave? What, the thread, the forum? You have statistics to prove that?

Did interesting people also leave when there were multiple threads about how prices were increasing?

Originally Posted by MiloDiThernan

There’s a great story about a man and his Dad’s 6263 elsewhere on this forum, if you look. And in the last 3 years, the best posts I’ve read have been about one guy collecting for 30 or so years only to decide that the Sub was best. Or another guy who compared watch collecting to baseball cards and pitied the rich kid whose Dad bought the lot, denying that kid the yearning, the frustration and the fulfilment.

Your price posts encourage interesting people to leave. The counter-factual to encouraging free discussion (mea culpa) is that interesting people leave. Maybe you should consider that before posting your next price observation.

I was all for letting it rip, but price posts like this convince me that the Mods are right to shut them down. Price posts are like the ugly people turning up on Tinder. All the beautiful people leave.

[eijiboy]

Originally Posted by MiloDiThernan

There’s a great story about a man and his Dad’s 6263 elsewhere on this forum, if you look. And in the last 3 years, the best posts I’ve read have been about one guy collecting for 30 or so years only to decide that the Sub was best. Or another guy who compared watch collecting to baseball cards and pitied the rich kid whose Dad bought the lot, denying that kid the yearning, the frustration and the fulfilment.

Your price posts encourage interesting people to leave. The counter-factual to encouraging free discussion (mea culpa) is that interesting people leave. Maybe you should consider that before posting your next price observation.

I was all for letting it rip, but price posts like this convince me that the Mods are right to shut them down. Price posts are like the ugly people turning up on Tinder. All the beautiful people leave.

Price post is to help people know what is their watch worth in real world or what they should look for when buying one. I doubt they would want to leave except if you are a flipper. Imagine you look at the price of your blro online on a very popular grey site and he is selling it for 25k and yet you wanna sell it to him but lowballed you to 14k or no offer at all. Now you ask yourself why. And this is why it is nice to know the real market price of the watch so that you know what to expect.

[Zartan]

Cheerleading is an awesome sport!

[JWillard]

Originally Posted by MiloDiThernan

There’s a great story about a man and his Dad’s 6263 elsewhere on this forum, if you look. And in the last 3 years, the best posts I’ve read have been about one guy collecting for 30 or so years only to decide that the Sub was best. Or another guy who compared watch collecting to baseball cards and pitied the rich kid whose Dad bought the lot, denying that kid the yearning, the frustration and the fulfilment.

Your price posts encourage interesting people to leave. The counter-factual to encouraging free discussion (mea culpa) is that interesting people leave. Maybe you should consider that before posting your next price observation.

I was all for letting it rip, but price posts like this convince me that the Mods are right to shut them down. Price posts are like the ugly people turning up on Tinder. All the beautiful people leave.

What happen to inclusion?

[Incroyable12]

There was also an interesting thread about F.P.Journe watch finishing in the "Other Watches" forum that got removed.

Anyone know why?

[dmash]

Originally Posted by HelloMelo

All fair points. The price going up thread is/was mostly the flipper/speculator crowd. I suspect most price going down thread people are actual enthusiasts that want prices to go back to the norm so they can get their pieces at the AD again without having to play all these games.


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That’s the camp I fall into. I dropped off TRF for a bit as it all became too much with the prices increasing so much and AD just not really having anything. Quite happy for a sense of normalcy to return and I do agree that the prices trending down have actual collectors and people who have been around longer than a decade in quite well spirits.

[soicanbefree]

It is such a bore to control what people want to discuss about Rolex.

It was a great post and contrary to popular belief had market data that is not accessible to the casual fan.

Nobody was soliciting or advocating for sales.

Nobody was speaking ill of any forum or other Grey sellers other than to note their pricing had become seriously disjointed from market pricing.

The thread probably saved more than one potential buyer from overpaying.

The thread may have informed someone that the prices had hit a price point where they may get to enjoy a new watch.

Their really is very little new or interesting to discuss about modern Rolex. I know I know Peter they are all just $$$£££££ things.

20 pages means people were certainly interested in discussing the topic at hand.

The rules need updating.

[pursang_]

Visibility is the enthusiast's best friend.

The comical irony is that nothing results in duplicate threads about prices more than the gatekeepers and real enthusiasts [sic] sheeting on threads.

Make a sticky dedicated exclusively to price/market discussion. It's that simple. Those who don't want to read about prices don't have to read that thread.

[soicanbefree]

Originally Posted by pursang_

Visibility is the enthusiast's best friend.

The comical irony is that nothing results in duplicate threads about prices more than the gatekeepers and real enthusiasts [sic] sheeting on threads.

Make a sticky dedicated exclusively to price/market discussion. It's that simple. Those who don't want to read about prices don't have to read that thread.

We need room for more original content.

You can look forward to such delights as "I got the call", "Incoming" and the always thrilling "How do I wash my Rolex" and "Can you wear it doing X or going to place Y".

Truly riveting.

[Incroyable12]

Originally Posted by pursang_

Visibility is the enthusiast's best friend.

The comical irony is that nothing results in duplicate threads about prices more than the gatekeepers and real enthusiasts [sic] sheeting on threads.

Make a sticky dedicated exclusively to price/market discussion. It's that simple. Those who don't want to read about prices don't have to read that thread.

The Streisand Effect--the more you try to hide it the more conspicuous it becomes.

[Incroyable12]

Originally Posted by soicanbefree

It is such a bore to control what people want to discuss about Rolex.

It was a great post and contrary to popular belief had market data that is not accessible to the casual fan.

Nobody was soliciting or advocating for sales.

Nobody was speaking ill of any forum or other Grey sellers other than to note their pricing had become seriously disjointed from market pricing.

The thread probably saved more than one potential buyer from overpaying.

The thread may have informed someone that the prices had hit a price point where they may get to enjoy a new watch.

Their really is very little new or interesting to discuss about modern Rolex. I know I know Peter they are all just $$$£££££ things.

20 pages means people were certainly interested in discussing the topic at hand.

The rules need updating.

Yes nobody wants to read another "Got the Call" thread about some new Sub.