OP41 - UK Grey Prices Dropping?

[Lovebird]

Started to see some crazy-ish prices for OP41s in the UK recently. Just wondering if others (UK specific) are starting to see the same, or if I just got a few random data points and am doing 2+2 = 5

OP41 Silver MRSP GBP 5.9K / Grey GBP 8K
OP41 Green MRSP GBP 5.9K / Grey GBP 9K

Went through the Arcade in Hatton Garden last weekend, and was offered the Green OP41 for 7.3K (!!). Seen a popular grey dealer, who quite often has things marked up about 10% over the usual grey prices, and they have the OP41 Silver at 7.4K. I'm really tempted to bite the bullet if my AD doesn't come through soon.

[JRell]

Availability is getting better as well. I randomly got a call if I wanted the OP41 green at retail.

[temporarychicken]

A few dials and bezel combos are still considered rare and trade above retail for yh DJ41 in the UK.

Many others should be available straight from your AD now I'd you aren't fussy about the options.

[Torshalla]

As the market is softening, people who would buy Rolex from the AD to flip them must be turning down the AD when they get the call... as greys are offering less money... I guess
In any case I see Rolexes advertised locally on the secondary market are not moving... eventually if people need to sell they will have to accept lower prices.

[situasian]

Welp just ordered from AD yesterday, let’s see how long it takes


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[rolexdream]

OP Green is going above but the other colours are not hard to get from an AD if you have a relationship and no way is anyone paying 8/9k for Silver

[Podmornica]

This time next year they will be at 10% OFF MSRP at your local grey dealer as well as other 90% of Rolex references.

[Hollie_Rollie]

Originally Posted by Podmornica

This time next year they will be at 10% OFF MSRP at your local grey dealer as well as other 90% of Rolex references.

I hope you’re right!

We’re already seeing our smaller greys having trouble moving product including some small time flippers

Hate to be selling an LV right now . They seem to be struggling the most


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[Oytun]

Originally Posted by Podmornica

This time next year they will be at 10% OFF MSRP at your local grey dealer as well as other 90% of Rolex references.

I don't think so but we'll see

[harvey]

…paying over list for an OP is barmy!

[GW44]

Originally Posted by Podmornica

This time next year they will be at 10% OFF MSRP at your local grey dealer as well as other 90% of Rolex references.

Are you here all week?

[situasian]

Originally Posted by GW44

Are you here all week?

Are you calling him a ??


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[BillA]

I have seen many of the SS Professional model prices coming down. Look at the trend lines on Chrono24 and they are only updated to May of this year.
I think one of the problems is there is a disconnect between what a watch should sell for today given decreased demand vs. what the grey bought it for. I think some grays are sitting on expensive inventory and not willing to reduce prices to what I call market value.
As they unload to people willing to pay these prices, I think we will see another correction in prices. I sure hope so.

[Auric Goldfinger]

Originally Posted by Hollie_Rollie

I hope you’re right!

We’re already seeing our smaller greys having trouble moving product including some small time flippers

Hate to be selling an LV right now . They seem to be struggling the most


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Imagine if you didn’t sell your BLRO when you did. We’d see another 2-3 pages of asking price fluctuations.

https://www.rolexforums.com/showthread.php?t=853768

[BillA]

Originally Posted by Hollie_Rollie

I hope you’re right!

We’re already seeing our smaller greys having trouble moving product including some small time flippers

Hate to be selling an LV right now . They seem to be struggling the most


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I am curious, why is the LV struggling?

[Oytun]

Originally Posted by Auric Goldfinger

Imagine if you didn’t sell your BLRO when you did. We’d see another 2-3 pages of asking price fluctuations.

https://www.rolexforums.com/showthread.php?t=853768

That's hell of a roller coaster sale

[KatGirl]

My SA told me they could order a specific DJ, from Rolex. Maybe there are other models becoming similarly available.

Kat


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[GW44]

Originally Posted by situasian

Are you calling him a ??


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You might say that I couldn’t possibly comment……….

[Hollie_Rollie]

Originally Posted by Auric Goldfinger

Imagine if you didn’t sell your BLRO when you did. We’d see another 2-3 pages of asking price fluctuations.

https://www.rolexforums.com/showthread.php?t=853768

That was good! Thanks for watching!


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[Hollie_Rollie]

Originally Posted by BillA

I am curious, why is the LV struggling?

Tons for sale . None moving.


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[Hollie_Rollie]

Originally Posted by Oytun

That's hell of a roller coaster sale

Yeah man! Had to price to see if any suckers would pay 30k for it. Isn’t that what our trusted greys do?


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[puma1552]

Originally Posted by KatGirl

My SA told me they could order a specific DJ, from Rolex. Maybe there are other models becoming similarly available.

Kat


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If that's true I should've had my second one by now or had confirmation that one was ordered. None of my three ADs have said this is possible (still hearing allocation only from all, last I checked), and they know I'm a serious buyer. Last AD I checked in with said the manager was confident it was a watch that they could get for me by the end of the year, but no mention of specifically ordering. I have to do my monthly AD followups later this week so I guess that's when I'll ask if a piece was at least requested or if they are willing to do so for me. I could probably do another intent to purchase with the AD who got me the first one using that method, but I kind of want to leave this one up to chance and see who comes up with it first. Any of them can/could have requested it with Rolex by now (and maybe they have and they just aren't telling me until it arrives).

In the meantime I continue to wait patiently, wondering if I'm getting close...

[situasian]

Originally Posted by puma1552

If that's true I should've had my second one by now or had confirmation that one was ordered. None of my three ADs have said this is possible (still hearing allocation only from all, last I checked), and they know I'm a serious buyer. Last AD I checked in with said the manager was confident it was a watch that they could get for me by the end of the year, but no mention of specifically ordering. I have to do my monthly AD followups later this week so I guess that's when I'll ask if a piece was at least requested or if they are willing to do so for me. I could probably do another intent to purchase with the AD who got me the first one using that method, but I kind of want to leave this one up to chance and see who comes up with it first. Any of them can/could have requested it with Rolex by now (and maybe they have and they just aren't telling me until it arrives).

In the meantime I continue to wait patiently, wondering if I'm getting close...

How long ago did they take your interest?


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[travisb]

Originally Posted by Oytun

That's hell of a roller coaster sale

Was fun scrolling through that one.

[Lovebird]

Okkkkkkk...as great as it is to know about DJs and people selling Pepsi's maybe we can get back to the topic at hand.

There's clearly been an uptick in supply recently on certain models (e.g. Rootbeer), but I'm yet to see a flood of OPs onto the market and every AD I speak to consistently says they don't see many at all. Maybe I go for my second option which is the White DJ41.

[Hollie_Rollie]

Originally Posted by travisb

Was fun scrolling through that one.

‘Twas a fun sale Travis. You should’ve how many of the never-over-msrp’ers were in my PMs looking to pay over msrp

Travis, you ever get that VTNR?


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[travisb]

Originally Posted by Hollie_Rollie

‘Twas a fun sale Travis. You should’ve how many of the never-over-msrp’ers were in my PMs looking to pay over msrp

Travis, you ever get that VTNR?


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Not yet. Still waiting on my AD but might go grey if prices continue trending down.


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[Hollie_Rollie]

Originally Posted by travisb

Not yet. Still waiting on my AD but might go grey if prices continue trending down.


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Hang tight!


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[Miker86]

I bought a silver OP41 for £6.3k about 6 months ago. It’s not that popular a reference, looks great though.

[puma1552]

Originally Posted by situasian

How long ago did they take your interest?


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Mid June. First one came through with a piece mid-July, which they put in a request to Rolex to make after I exercised their "intent to purchase" option in late June. Other ADs also said they can request pieces, but have clearly stated DJs are still allocation only and cannot be ordered, at least as of last month. Perhaps it's changed in the last month, but not sure.