Watch prices increasing again?

[nocaps]

in uncertain times like this, i’m collecting pictures of dead presidents…

[NiJaRo1225]

Originally Posted by 1William

The market for watches/stocks or any other traded item is typically viewed in the short term and not the long term. Excluding extreme spikes and dips the market for Rolex watches is strong. With most desirable SS Sport models still selling for significantly over retail. The key to buying/selling/trading is where did you enter the market. If at msrp then you are fine. If you paid 50k for a SS Daytona-C then you have an issue should you decide to sell or trade it. All of this conversation of gloom and doom just rolls on no matter what the markets are doing. If up, them some predict the fall, if down, then it will continue. I do not have a crystal ball to determine what will happen just my almost 60 years of life experience and more than thirty years of watch buying/selling/trading experience to rely on. Nothing in the luxury world gets cheaper for the long run. That is msrp prices. The market above that msrp price goes up and down depending on the brand and the model. Buy the watches you want, for the best price you can get and enjoy. Let time take care of the values.

^This.^

Well said.


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[-94-]

Originally Posted by MILGAUSS88

Really? Chart for overall watch market:

University taught me graph can look bad easily so look at numbers only 1478$ difference but graph make it look like huge drop

Originally Posted by MILGAUSS88

Here is the chart for Rolex watches specifically.

Same thing Rolex only down 500$ but graph make it look like huge drop

These graphs are perfect examples why need to look closely at numbers so not manipulate opinions

[psm11]

Originally Posted by -94-

University taught me graph can look bad easily so look at numbers only 1478$ difference but graph make it look like huge drop




Same thing Rolex only down 500$ but graph make it look like huge drop

These graphs are perfect examples why need to look closely at numbers so not manipulate opinions

Or look at actual sales. I know many on here don't believe MODA is indicative of anything but the numbers don't lie. Pieces up there sitting despite multiple price drops. Compared to a year ago--prices tanked. Are they still above MSRP? Yes, but let's face it, MSRP isn't a real number for 99 percent of us. The open market shows you the true value of these pieces and from a year ago to now prices have tanked.

[-94-]

Originally Posted by psm11

Or look at actual sales. I know many on here don't believe MODA is indicative of anything but the numbers don't lie. Pieces up there sitting despite multiple price drops. Compared to a year ago--prices tanked. Are they still above MSRP? Yes, but let's face it, MSRP isn't a real number for 99 percent of us. The open market shows you the true value of these pieces and from a year ago to now prices have tanked.

You miss point question is if prices going back up graph shows illusion huge down but only down very little last three months

Prices down over year but up over few years

Also price in US dollars means some county price the same because US dollar so strong look at Canada price in their dollar as example person sell watch to US dealer doing well still even over 1 year

[rolex_pl85]

Watch sales are very weak at the moment.

Most dealers are trying to pump the market many are still holding with 40-50% losses on their buy prices.

Watch market aint going up anytime soon. There are too many flippers burnt now and the ones that are still trying to make a quick buck - well most models now you'd lose or break even.

Even if you made profit its going to be very small except for a very select few pieces (i.e) John Mayer Daytona or some Plat Daytona with baguettes or arabic dial etc....

Most are not even worth flipping these days.

[amh]

Originally Posted by rolex_pl85

Watch sales are very weak at the moment.

Most dealers are trying to pump the market many are still holding with 40-50% losses on their buy prices.

Watch market aint going up anytime soon. There are too many flippers burnt now and the ones that are still trying to make a quick buck - well most models now you'd lose or break even.

Even if you made profit its going to be very small except for a very select few pieces (i.e) John Mayer Daytona or some Plat Daytona with baguettes or arabic dial etc....

Most are not even worth flipping these days.

Rolex BLNR & BLRO still easy 30% profit even for casual flippers selling private party. Greys take further profit on top. No price drop in months. These don't sit on Moda, they're sold in hours.
https://watchcharts.com/watch_model/...0blnr/overview

[Booth9999]

Originally Posted by CarlOver

Prices at AD still the same. ��

Nope the prices went up there.

[Swiftneck]

Originally Posted by Calatrava r

A few YouTube folks have said the used market has bottomed and is on the rise.

Hard to tell where it is headed.

Most youtubers are either selling watches or sponsored by someone who does. I wouldn't put much value in what they say.

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[Swiftneck]

Originally Posted by MILGAUSS88

Really? Chart for overall watch market:

Maybe Chinese, the read the other way..

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[1665fan]

Rolex steel Daytona best investment in the world…..

[Modiferous]

A 116509 meteorite just sold at auction at Moda for $114K.

This one, the newest version with the black sub dials.



A 116400gv Milgauss blue dial just sold for $12K at auction.



The buyers must think they can re-sell these for more.

As far as 116500 there is a white dial one at auction, ending this evening, currently at 31K. That is already several thousand or more higher than the low these were selling for over the past six months.


I think prices will stabilize or drop for at least some of these discontinued Rolexes soon enough though.

[Bijorn24]

I think so too! People who are buying are suffering from FOMO right now. Never give in to that.