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28 September 2012, 01:30 PM
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#1 |
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"TRF" Member
Join Date: Aug 2011
Real Name: Al
Location: California, USA
Watch: GMT- Pepsi
Posts: 3,462
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Used submariner availability...?
As an avid collector of watches I periodically check with dealers, watchbrokers and jewelery stores where they sell Rolex watches. The news I am getting from all of these contacts is consistent:
-Rolex submariners are hard to find, sub owners are holding them, or asking very high prices... -New Subs in the resell market are very scarce, vintage subs continue to increase in value. -Rolex GMTII-C 's are impossible to find in the resell market... For those who are selling submariners, old and new, the prices are increasing now... If true, this is a good sign for me, as I am mostly holding on to my submariners... I am curious if others agree...
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28 September 2012, 01:34 PM
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#2 |
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TRF Moderator & 2024 SubLV41 Patron
Join Date: Jul 2007
Real Name: Rob
Location: Nearby.
Posts: 24,930
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Agree, yes.....nothing new Alan, this is the cycle of most, if not all Rolex sports (profesional)!
 Either way, keep on holding on to your Subs.. 
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He who wears a Rolex is always on time, even when late!! TRF's "After Dark" Bar & Nightclub Patron-Founding Member.. |
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28 September 2012, 02:52 PM
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#3 |
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Banned
Join Date: Jul 2012
Location: BIG BEAR, CA
Posts: 1,468
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I would doubt that a watch that has been mass produced for 50+ yrs, is hard to find. There are plenty of them around. BUT yes, the prices are going up accross the board on rolexes --- heck, even g-shoocks are getting on the "unaffordable" borderline for me...
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28 September 2012, 03:06 PM
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#4 |
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"TRF" Member
Join Date: Oct 2007
Real Name: Dennis
Location: Bay Area - 925
Posts: 40,018
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Pre-owned Subs are quite easy to find, but as you stated, prices are moving up.
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28 September 2012, 03:08 PM
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#5 |
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"TRF" Member
Join Date: Mar 2012
Real Name: A
Location: Austin, TX
Posts: 2,180
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Subs seem to be one of the most common that come up for sale? They're aren't hard to find, but yes, they seem to command good prices ... which is a good think for owners!
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28 September 2012, 06:24 PM
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#6 |
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"TRF" Member
Join Date: Aug 2012
Real Name: Ben
Location: Wake Forest, NC
Watch: Sea Dweller
Posts: 36
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Agree. Demand is going up.
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28 September 2012, 08:37 PM
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#7 |
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"TRF" Member
Join Date: Dec 2008
Real Name: Jay
Location: TEXAS
Watch: Daytona
Posts: 7,648
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I think they are easy to find and overpriced when compared to GMTs.
Just my thoughts. |
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28 September 2012, 08:42 PM
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#8 |
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"TRF" Member
Join Date: Nov 2010
Real Name: Mr. Bill
Location: South Florida
Watch: 16610
Posts: 6,148
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I've noticed less 16610 available and the prices are higher than expected.
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Card Carrying Member of the Global Association of the Retro-Grouch-Curmudgeons - ID # 13 |
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28 September 2012, 08:53 PM
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#9 |
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Banned
Join Date: Feb 2008
Location: Florida, Canada
Watch: Rol/Seik/Tud/Omega
Posts: 30,244
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Lots of used GMT2c's for sale.
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28 September 2012, 09:00 PM
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#10 |
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"TRF" Member
Join Date: Aug 2012
Location: uk
Posts: 1,215
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second hand prices are so strong where i am, i just though sod it and bought a new one.
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28 September 2012, 09:12 PM
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#11 |
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"TRF" Member
Join Date: May 2012
Real Name: Lawrence
Location: Sydney
Watch: Daytona, sub
Posts: 167
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The older Tudor subs also seem to be more popular these days and increasing in price
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28 September 2012, 09:24 PM
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#12 |
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"TRF" Member
Join Date: Sep 2011
Real Name: Michael
Location: NYC
Watch: 16610,1675, 116518
Posts: 363
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This was the case in 1993 when i got mine, and has not changed. A tremendous amount of these second hand pieces are sent directly to Asia. But being that they are quite common they really are not that easy to find. Just don't buy from dealers.
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28 September 2012, 09:42 PM
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#13 |
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"TRF" Member
Join Date: Dec 2008
Real Name: Shaun
Location: Devonshire
Watch: SubND/D/LV
Posts: 651
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My trio of Subs
I'm trying to hold on to my 3..
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28 September 2012, 09:44 PM
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#14 |
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"TRF" Member
Join Date: Jun 2007
Real Name: Patrick
Location: Texas
Watch: what I'm wearing
Posts: 5,943
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I agree they are hard to come by on the street, but they sell them here every single day.
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TRFs "AFTER DARK" Bar & NightClub Patron-Founding Member  PClub # 10 74,592 The safest place for your watch is on your wrist. |
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28 September 2012, 10:52 PM
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#15 |
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"TRF" Member
Join Date: Feb 2012
Location: Chicago
Watch: explorer
Posts: 2,280
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Walk down jewelers row in Chicago and youll find more Subs and GMTs than grapes in vineyard... Ok slight exaggeration. But they do maintain their value like others have said above.
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28 September 2012, 11:29 PM
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#16 | |
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Banned
Join Date: Jul 2012
Location: BIG BEAR, CA
Posts: 1,468
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Quote:
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28 September 2012, 11:38 PM
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#17 | |
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"TRF" Member
Join Date: Feb 2012
Location: Chicago
Watch: explorer
Posts: 2,280
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Quote:
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28 September 2012, 11:39 PM
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#18 | |
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Banned
Join Date: Jan 2008
Real Name: Anastasios
Location: Athens Greece
Watch: Rolex GMT 1675
Posts: 8,497
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Quote:
Every spring there are 100.000 new buyers for Rolex watches entering the "pre-Owned" or New market - I'd say 60% of them want a Sub or a GMT of some kind....So demand and supply is at play big time. Wait untill a larger percentage of the young Chinese (now 0.01%) discover Rolex and the value magic behind the marque...then you'd see an explosion. Man... I am glad I became a trader... 
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29 September 2012, 12:21 AM
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#19 |
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"TRF" Member
Join Date: Apr 2010
Real Name: J
Location: The great Midwest
Watch: youlookinat?
Posts: 2,369
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I was tasked to find a newer Sub LN for a good friend of mine recently and it wasn't as easy to locate a deal as it was about a year ago. Not sure about demand (not a seller), but it's a drier market lately for sure!
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29 September 2012, 12:45 AM
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#20 |
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"TRF" Member
Join Date: Apr 2011
Location: Hong Kong
Watch: Gold Sub 116618LN
Posts: 2,820
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There's no lack of 2nd hand Subs here...I pass a hundred of 'em every day walking around.
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Things are more like they are now than they ever were before. |
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29 September 2012, 01:00 AM
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#21 |
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Member
Join Date: Aug 2012
Location: michigan
Posts: 24
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agreed they are very hard to come across!
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29 September 2012, 01:17 AM
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#22 |
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"TRF" Member
Join Date: Sep 2011
Real Name: Jeff
Location: New Zealand
Watch: Rolex DSSD
Posts: 1,426
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Subs were easier to find about 5 yars ago....on ADs windows and secondary markets. A bit harder to find them in both markets nowadays.
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29 September 2012, 01:27 AM
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#23 | |
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"TRF" Member
Join Date: Mar 2011
Location: N/A
Watch: the girls
Posts: 7,095
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Quote:
Best George Sent from my iPad using Tapatalk HD
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Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- *new*https://youtu.be/EljAF-uddhE *new *  http://youtu.be/ZmpLoO1Q8eQ IG @passionata1 |
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29 September 2012, 06:00 AM
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#24 |
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"TRF" Member
Join Date: Sep 2011
Location: Canada
Posts: 6,773
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There seem to be plenty for sale here,almost every day there are one or more new listings,how that can be hard to find is beyond me,not to mention all the Submariners for sale on eBay each and every day.
There must be thousands of them for sale all over the world every day! |
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