Are regular people really paying 30k+ for BLRO's ?

[stevestil]

Originally Posted by boring_sandwich

The vast majority of people paying over retail and who know very little about watches are solely doing it due to thinking their money is safe, prices will continue rising etc. These are also the kind of people who can't really afford the watch but due to cheap finance think it's a sure bet.

Then you have the dealers who are tying their best to keep the prices inflated by flipping them between one another. It looks to anyone on the outside of the dealer network that this is the true market value.

And then you have the small minority of people who can afford to pay 3x RRP as they are in the position to have what then want when they want it regardless of what it costs.

The market has to be close if not already at its ceiling. None of these watches are rare and most are still in production.

not sure if you can finance steel sport models at AD’s. at least at mine you can’t


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[rolexpure]

Originally Posted by fixinbones

My market barometer is David SW as I’ve purchased a few watches from him. His watches sell for close to the advertised prices. He now has 19 GMTIIs on his website. That’s the most I’ve seen in quite some time. Yeah the market may be cooling off a bit but I wouldn’t expect more then a 20% correction at most.

Well another one just sold on my Whatsapp trade groups literally 15mins ago.

BNIB Jan 2022 dated SS BLRO in Jubilee for $25,500 USD.

100% these are going under $25k within the week. BLNRs are getting smashed even more. Plenty selling under $20k for BNIB examples all the time now.

This aint no summer time lull thats for sure. Heaps of ppl dumping at the moment.

[derklink]

Originally Posted by rolexpure

Well another one just sold on my Whatsapp trade groups literally 15mins ago.

BNIB Jan 2022 dated SS BLRO in Jubilee for $25,500 USD.

100% these are going under $25k within the week. BLNRs are getting smashed even more. Plenty selling under $20k for BNIB examples all the time now.

This aint no summer time lull thats for sure. Heaps of ppl dumping at the moment.

Would you mind sharing the source with me? I'm looking for one but the lowest I've seen was 25k for a 2018. Simply too much right now. Thank you!

[1665fan]

Originally Posted by rolexpure

Well another one just sold on my Whatsapp trade groups literally 15mins ago.

BNIB Jan 2022 dated SS BLRO in Jubilee for $25,500 USD.

100% these are going under $25k within the week. BLNRs are getting smashed even more. Plenty selling under $20k for BNIB examples all the time now.

This aint no summer time lull thats for sure. Heaps of ppl dumping at the moment.

Yea let’s see all these BNIB blnr for under 20k……

[rolexpure]

Originally Posted by derklink

Would you mind sharing the source with me? I'm looking for one but the lowest I've seen was 25k for a 2018. Simply too much right now. Thank you!

These are Whatsapp chat groups. You cant just add anyone in there otherwise it becomes untrustworthy and too many scammers. Only the mods/admins of that group can add ppl.

You need to be invited actually, either by doing deals with guys already in the group and they vouch for you, join some facebook groups and do business on there before being invited or there are ones you actually pay to join (I dont know these ones as I've never paid).

Your best bet is to join some buy/sell groups on Facebook marketplace and from there once you conduct some business and ppl get to know you you can ask to join certain chats.

Whatsapp groups is actually where I think majority of business gets done.

[derklink]

Originally Posted by rolexpure

These are Whatsapp chat groups. You cant just add anyone in there otherwise it becomes untrustworthy and too many scammers. Only the mods/admins of that group can add ppl.

You need to be invited actually, either by doing deals with guys already in the group and they vouch for you, join some facebook groups and do business on there before being invited or there are ones you actually pay to join (I dont know these ones as I've never paid).

Your best bet is to join some buy/sell groups on Facebook marketplace and from there once you conduct some business and ppl get to know you you can ask to join certain chats.

Whatsapp groups is actually where I think majority of business gets done.

Interesting and thank you for sharing. I knew that greys communicate that way with each other but not greys selling to people in these groups.