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Old 17 May 2022, 07:49 PM   #1
tally
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Prices of popular models are defo dropping

i always keep an eye on the overpriced grey merchant watchfinder

two days ago, 126710 blro's were between £24k and £25k
today they are between £22k and £23k
no mention of a sale or a discount. they're simply quietly dropping the price

https://www.watchfinder.co.uk/search?q=blro


i think these will be £14k-£16k by the end of the year
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Old 17 May 2022, 08:16 PM   #2
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market crash
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Old 17 May 2022, 09:32 PM   #3
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I have a good Aerosmith song for you to listen to, it’s called “Dream On”
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Old 17 May 2022, 09:39 PM   #4
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Look like the Rolex watch forum is now becoming a price up or down forum, mainly today because many think of Rolex watches to be little more than ££$$€€ objects and little more.
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Old 17 May 2022, 10:02 PM   #5
tally
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Originally Posted by jarecki View Post
I have a good Aerosmith song for you to listen to, it’s called “Dream On”
there's a guy right now in the classified section of this forum selling his blro for less than $22k. That converts to £17.5k

No need to dream. we're almost already there
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Old 17 May 2022, 10:42 PM   #6
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Sorry, what's the MSRP again?

I had no idea that being gouged for £10K+ was so desirable!

Think I'll still give it a swerve though.
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Old 17 May 2022, 10:48 PM   #7
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Sorry, what's the MSRP again?

I had no idea that being gouged for £10K+ was so desirable!

Think I'll still give it a swerve though.
Yeah we've gone down about 10%. For a while it was going to be a weekly trend... seems to have ground to a halt.

*shrug*

Back to the AD, must think of yet more ways to kiss up to them
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Old 17 May 2022, 11:46 PM   #8
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i believe it when i can buy a ceramic panda in my country for 30k.. didn't happen so far
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Old 18 May 2022, 12:05 AM   #9
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GMTs have come down a decent amount, Daytona-C less so. I personally think they will keep going down more but there will not be a real crash. If there is a real crash though, there will be much more serious problems with unemployment and people losing there houses.

Hopefully inflation gets under control and we don’t fall into major recession…either way, eventually values on these watches will rise again, but that could be months or years from now. If the storm comes, hopefully you have the means to weather it without having to sell off some jewelry at a loss…because that jewelry will be more valuable than it is today on the other side.
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Old 18 May 2022, 12:09 AM   #10
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Old 18 May 2022, 12:13 AM   #11
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Prices of popular models are defo dropping

Quote:
Originally Posted by tally View Post
there's a guy right now in the classified section of this forum selling his blro for less than $22k. That converts to £17.5k

No need to dream. we're almost already there

That likely means the TS offers were at least a couple thousand lower.

I got mine for $9,700. It's a nice watch.
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Old 18 May 2022, 12:17 AM   #12
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I've noticed the same in Canada.
Sub Dates, down about $3k.
GMTs, $7k+.
Pandas, a lot.
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Old 18 May 2022, 12:19 AM   #13
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The “Crash” is model dependent. Hot models will still command some premium.
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Old 18 May 2022, 01:39 AM   #14
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Quote:
Originally Posted by padi56 View Post
Look like the Rolex watch forum is now becoming a price up or down forum, mainly today because many think of Rolex watches to be little more than ££$$€€ objects and little more.

I share your sentiments Peter. One week it’s “prices are up. To the moon!!”, then the next it’s “prices are crashing! Discounts for everyone!”
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Old 18 May 2022, 01:44 AM   #15
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I share your sentiments Peter. One week it’s “prices are up. To the moon!!”, then the next it’s “prices are crashing! Discounts for everyone!”
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Old 18 May 2022, 01:51 AM   #16
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Quote:
Originally Posted by padi56 View Post
Look like the Rolex watch forum is now becoming a price up or down forum, mainly today because many think of Rolex watches to be little more than ££$$€€ objects and little more.
An alternative view is that once there's no margin for flippers, enthusiasts can buy new from the AD at RRP with little to no wait time. Hence the excitement over price decreases in the reseller market.
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Old 18 May 2022, 01:52 AM   #17
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Been this way since 2019. 3 topics dominate posts.

1. Market price topic - up, down, would you buy at $$,$$$$? should i sell at $$,$$$$?

2. Exclusivity topic - How hard it is to get a piece; How do i get one; demand, supply?

3. Incoming - Look at me and what i got.

LOL



Quote:
Originally Posted by padi56 View Post
Look like the Rolex watch forum is now becoming a price up or down forum, mainly today because many think of Rolex watches to be little more than ££$$€€ objects and little more.
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