for sale absurdity...

[subtona]

i believe i have just read the most absurd for sale post ever...

[mrhy]

Originally Posted by subtona

i believe i have just read the most absurd for sale post ever...

What is it?


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[fskywalker]

which one?


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[subtona]

im stunned.

i think it would be in bad form to put it in the thread but it should be easy to identify if you own a watch.

[nfranco]

Submariner for sale, never been in a shower, never been on a rollercoaster.

[Maxy]

Not able to find..

[mementomori1983]

If it was the asking price that made the posting absurb, I think I've found it.

Even if I had all the money in the world there's no way I'm paying 5711 money for any stainless steel 5-digit Rolex.


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[lapince]

Well some people are nuts and put crazy prices for anything, nothing new there, I worked a long time in real estate, still do occasionally for friends to help out, you can't imagine but for 80% of the people their flat are just special and when they first put them on the market, they put them at crazy prices, and after they call you asking why they have no visits, "because your crappy flat is way overpriced you dummy!!!"

[Hollister]

Short of trawling through all the ads, what's the beef? Thing sell, or they don't.

[subtona]

Originally Posted by mementomori1983

If it was the asking price that made the posting absurb, I think I've found it.

Even if I had all the money in the world there's no way I'm paying 5711 money for any stainless steel 5-digit Rolex.


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[Wesley Crusher]

I took a quick look, but didn't see any odd threads. Oh well.

[subtona]

time of thread

[toucan]

Found it! Seems a little pricey.:) But not any more than a 18k SD43

[Wesley Crusher]

Originally Posted by subtona

time of thread

Ah, not sure how I missed it.

I don't have a problem with people asking any amount of money for a watch or anything else, for that matter. The demand for any given good will dictate the price.

FWIW, you don't see NOS watches like this often so maybe the seller will get close to what he's asking? Who knows. I think the price is absurd, but somebody else may not.

[subtona]

Originally Posted by Wesley Crusher

Ah, not sure how I missed it.

I don't have a problem with people asking any amount of money for a watch or anything else, for that matter. The demand for any given good will dictate the price.

FWIW, you don't see NOS watches like this often so maybe the seller will get close to what he's asking? Who knows. I think the price is absurd, but somebody else may not.

just came across a NOS zenith daytona for ~19K, i absolutely understand that as a watch that was difficult to source for its entire existence,
but can not begin to fathom a market in that range for a quite common piece that is relatively recently discontinued.

[Wesley Crusher]

Originally Posted by subtona

just came across a NOS zenith daytona for ~19K, i understand that but can not begin to fathom a market in that range for the other

Yes, I agree. Time will tell.

Also agreed regarding the Daytona. 19K for a NOS Zenith Daytona sounds fairly reasonable to me.

[CDNWatchNut]

might as well dream big...all it takes is one buyer who must have it, even if they overpay.

[Lawman77]

The horror!!

[Demosthene]

Originally Posted by subtona

just came across a NOS zenith daytona for ~19K, i absolutely understand that as a watch that was difficult to source for its entire existence,
but can not begin to fathom a market in that range for a quite common piece that is relatively recently discontinued.

It's utterly bizarre.
Just buy an actual Zenith El Primero for a fraction of the price.

[rootbeer7]

.......and sold

[rootbeer7]

I think a correction will come soon. I don't believe it will be massive, but once the panic buying stops, the secondary pieces with put together age-correct accessories will struggle to reach these stellar prices. By this time, those looking to cash in on unloved heirlooms will also add to the market increasing supply. Only the truly full-set NOS pieces will sell for whatever price us asked. .......or maybe I'm wrong.

[HL65]

Originally Posted by rootbeer7

I think a correction will come soon. I don't believe it will be massive, but once the panic buying stops, the secondary pieces with put together age-correct accessories will struggle to reach these stellar prices. By this time, those looking to cash in on unloved heirlooms will also add to the market increasing supply. Only the truly full-set NOS pieces will sell for whatever price us asked. .......or maybe I'm wrong.

I've been hearing about a correction in vintage market for the last 8 years or so. Prices have done nothing but move higher and higher to astronomical levels. Look at Phillip's auction results yesterday and see! There are so few truly mint examples of vintage watches out there for sale let alone complete ones. Collector's are holding on to their watches and just not parting with them thus low supply with high demand. Again I think some of the prices are crazy but they keep moving higher and higher! To think now my old perfect 6538 4 line Sub which I sold for $100K plus a few years back is now worth $500K according to Eric Ku. I never in a million years would have thought that. My old perfect complete 6263 Paul Newman which I sold for $135K a few years back now worth $350 plus. Crazy but I never saw that coming! I read lots of posts back then how the market was inflated and a serious correction was coming but the opposite! So who knows but all I know is right now we have one direction and it isn't lower.

PS What is absurd is people paying $3-5K over retail for current production watches as in 116500 and 126600! Gus you must have missed all of those as they are the most absurd for sale posts ever.

Or $5-7k over retail for a 5711...Or how about $5k over retail for an Omega Snoopy Anniversary...OK I'll stop there.

[rootbeer7]

Originally Posted by HL65

I've been hearing about a correction in vintage market for the last 8 years or so. Prices have done nothing but move higher and higher to astronomical levels. Look at Phillip's auction results yesterday and see! There are so few truly mint examples of vintage watches out there for sale let alone complete ones. Collector's are holding on to their watches and just not parting with them thus low supply with high demand. Again I think some of the prices are crazy but they keep moving higher and higher! To think now my old perfect 6538 4 line Sub which I sold for $100K plus a few years back is now worth $500K according to Eric Ku. I never in a million years would have thought that. My old perfect complete 6263 Paul Newman which I sold for $135K a few years back now worth $350 plus. Crazy but I never saw that coming! I read lots of posts back then how the market was inflated and a serious correction was coming but the opposite! So who knows but all I know is right now we have one direction and it isn't lower.

PS What is absurd is people paying $3-5K over retail for current production watches as in 116500 and 126600! Gus you must have missed all of those as they are the most absurd for sale posts ever.

Or $5-7k over retail for a 5711...Or how about $5k over retail for an Omega Snoopy Anniversary...OK I'll stop there.

.......I'm wrong!

[BLACKHORSE 6]

Originally Posted by HL65

I've been hearing about a correction in vintage market for the last 8 years or so. Prices have done nothing but move higher and higher to astronomical levels. Look at Phillip's auction results yesterday and see! There are so few truly mint examples of vintage watches out there for sale let alone complete ones. Collector's are holding on to their watches and just not parting with them thus low supply with high demand. Again I think some of the prices are crazy but they keep moving higher and higher! To think now my old perfect 6538 4 line Sub which I sold for $100K plus a few years back is now worth $500K according to Eric Ku. I never in a million years would have thought that. My old perfect complete 6263 Paul Newman which I sold for $135K a few years back now worth $350 plus. Crazy but I never saw that coming! I read lots of posts back then how the market was inflated and a serious correction was coming but the opposite! So who knows but all I know is right now we have one direction and it isn't lower.

PS What is absurd is people paying $3-5K over retail for current production watches as in 116500 and 126600! Gus you must have missed all of those as they are the most absurd for sale posts ever.

Or $5-7k over retail for a 5711...Or how about $5k over retail for an Omega Snoopy Anniversary...OK I'll stop there.

Interesting article on the vintage market: https://www.hodinkee.com/articles/pa...important-2017

[Abdullah71601]

If it makes y'all feel better, these three new watches are posted 30% off at my local AD.

[Goin2drt]

I saw one in FS and said NOS but it was worn. Isn't that false advertising? New old stock means it is new not worn but in really good shape.

[hugs]

Originally Posted by Goin2drt

I saw one in FS and said NOS but it was worn. Isn't that false advertising? New old stock means it is new not worn but in really good shape.

Could have been stocked in an AD and tried on multiple times.

I agree with you but to be really anal what you are describing should be called mint old stock.