The Hulk lives on.....

[Investr]

Well this marks the 3rd year that the Hulk was in fact NOT discontinued proving yet again that ADs no absolutely positively NOTHING about what Rolex will do....

[jrsmiles]

So will they fall from 13k or keep climbing?

[peterpl]

Well its another year of production and maybe another 20-30,000 of them being made just this year alone.

Yeahhhh nahhhh not collectible or rare. Move on now.

[DramaTurtle]

It’ll fall the moment supply starts coming in. If they keep the chokehold, sports model will always be above retail.

[sdh1980]

Originally Posted by jrsmiles

So will they fall from 13k or keep climbing?

Well they seem to be selling at that price and supply seems just as tight so I'd guess the price holds

UK AD's are still quoting several years and / or not taking any names for the 'list'

[RationalPragmatist]

Originally Posted by peterpl

Yeahhhh nahhhh not collectible

[TimingIsEverything]

Originally Posted by jrsmiles

So will they fall from 13k or keep climbing?

I would presume they'll have to drop in price. Dealers will start having them available again. If there really are 20-30K of them produced all year, that would be 100s allotted per AD.

[bazin]

A week ago I posted:

If the 116610LV would be discontinued (which imo has a small chance) there will be a short period of further increases that will end however within a couple of months.

Here is why:
I consider the higher prices and the (temporary) less availability of the 116610LV / Hulk as a "passing event".....which is caused by the success of the Kermit/16610LV
A couple of years after its introduction in 2003 the Kermit / 16610LV showed a constant price increase over the years up till now and this still has not ended.
Untill 2-3 years ago the Hulk / 116610LV was widely immediately available with attractive discounts.
It seems to me that Rolex buyers interested in green models have noticed the considerable price increase of the Kermit (which was discontinued in 2010) from NOS $ 4.500 in 2003 to $ 22.000,- point four /, 26.000,- Fat Four and probably that they hope to see a repeat of the Kermit's tremendous price increase.
Imo this is a false hope as the history and reason of the 16610LV introduction (50 years anniversary of the Submariner) is unique and non repeatable with it's typical Submariner (o.a black matte dial) elements combined / stipulated with it's unique Rolex-green bezel.
The Hulk on the other hand was a simple / expected (standard) successor of the Kermit; not sharing it's unique heritage.
I believe that the price increase of the Hulk which took mainly place in an accelerating manner only during the last couple of years (in which on the other side the strong price increases of the Kermit were widely noticed by potential green buyers) therefore soon will fade as it is only more or less a simple, for some people attractive full green model.

[Hollie_Rollie]

The biggest win from this years baselworld


Sent from my iPhone using Tapatalk

[Mystro]

$12.5k is the real market value of the LVC. Without the new movement, there is no desire for it to go any higher. When the new movement hits the Sub line and if the LVC is still there, prices will go slightly higher momentarily, then fall hard. At this point, this is like paying full price for a leftover car model that is still on the lot. Hulk speculators will be cashing in on their watches in the next few months.

[peterpl]

Originally Posted by Mystro

$12.5k is the real market value of the LVC. Without the new movement, there is no desire for it to go any higher. When the new movement hits the Sub line and if the LVC is still there, prices will go slightly higher momentarily, then fall hard. At this point, this is like paying full price for a leftover car model that is still on the lot. Hulk speculators will be cashing in on their watches in the next few months.

Yep - I think there was a flurry of LV buyers hoping that they could potentially make a quick $2-$3k by buying before Basel in the hope of discontinuation. Now that its confirmed its not going anywhere well these guys are going to be stuck and trying to offload in the coming months.

[penguinrolex]

I give it one week before someone says "the hulk is being discontinued this year.". Price will stay level till then and then jump.
I remain convinced that discontinue rumors are partially from grey dealers lol.

[Mr. K]

Originally Posted by TimingIsEverything

I would presume they'll have to drop in price. Dealers will start having them available again. If there really are 20-30K of them produced all year, that would be 100s allotted per AD.

If each AD received 100 Hulks, that would make a lot of folks happy for sure. Then people could by at retail or maybe with a discount.

[JayHantz]

Agree completely. I’m glad it’s still in the line up.

Originally Posted by jrsmiles

So will they fall from 13k or keep climbing?

I think they’ll stay where they are, Mystro hit the nail on the head:

Originally Posted by Mystro

$12.5k is the real market value of the LVC. Without the new movement, there is no desire for it to go any higher. When the new movement hits the Sub line and if the LVC is still there, prices will go slightly higher momentarily, then fall hard. At this point, this is like paying full price for a leftover car model that is still on the lot. Hulk speculators will be cashing in on their watches in the next few months.

Excellent take, my friend.

[037]

Only nine more months until the rumors start back up. Yay.

[Bobby100]

These modern steel sports watches from Rolex like the Hulk will never be collectible. These are watches made in the millions all over the world and they are not rare pieces.

[jrsmiles]

All hail The Hulk

[IMG][/IMG]

[lecorsaire]

Originally Posted by Bobby100

These modern steel sports watches from Rolex like the Hulk will never be collectible. These are watches made in the millions all over the world and they are not rare pieces.

They’re not made in the millions and just about every sports Rolex is collectible.. If they were you would be able to walk in and buy one. I believe the ratio of black to green is 4:1. You could buy pick up a Hulk for $7500 just a year and a half ago. I’d say they’re doing pretty damn well.

[peterpl]

Originally Posted by lecorsaire

They’re not made in the millions and just about every sports Rolex is collectible.

All sports Rolex watches are collectible? LMFAO.

NO modern Rolex is collectible if you think they are your just kidding yourself.

[lowmandfl]

Originally Posted by Hollie_Rollie

The biggest win from this years baselworld

+1 on that!

[bazin]

Originally Posted by jrsmiles

All hail The Hulk

My opinion to the appearance of the Rolex "green" in a couple of models recently:

The 1st "step" to green/= the Kermit; was a memorable one; the 50 years celebration of the Submariner; in the meantime a collectible (discontinued) item for a couple of years already.
The 2nd step for more green/= the Hulk; which simply is a generally expected successor of the Kermit, not sharing the heritage of the Kermit is one step to far to remain as "popular" as during this last year; it's attractiveness and exclusiveness will erode soon......

[Thanos]

The LV can be discontinued at anytime, it does not have to be Baselworld.

Zero chance it gos down in value

[bazin]

Originally Posted by Thanos

The LV can be discontinued at anytime, it does not have to be Baselworld.
Zero chance it gos down in value

I assume you mean the 116610 LVc; the 16610 LV is discontinued already for many years...

[Ravager135]

The 116610LV just makes sense. The Submariner is easily the most popular professional model (now that we are calling Datejusts "classic"). It makes sense to have a variation for stainless steel that isn't your standard black. The use of green was made popular during the run of the 16610LV. Rolex has a history of offering particular models and colors only in specific metals. I think it's kind of cool that you can only get an LV in stainless steel the same way it is kind of cool that Explorers only come in steel. The same used to be true for Sea-Dwellers, but no more. Ice blue dials are reserved for platinum. I just think it's a cool trend to continue and don't see why Rolex would discontinue it.

[Ravager135]

Originally Posted by lecorsaire

They’re not made in the millions and just about every sports Rolex is collectible.. If they were you would be able to walk in and buy one. I believe the ratio of black to green is 4:1. You could buy pick up a Hulk for $7500 just a year and a half ago. I’d say they’re doing pretty damn well.

They are made in the hundreds of thousands and they aren't rare. I own one. You're absolutely right, I walked into an AD a year or so ago and bought one out of a window. It was like that for a long time. This "scarcity" is a new thing and I think largely artificial. Just because something is harder to get nowadays doesn't mean it's rare. It's relative value increasing doesn't make it rare either. There are literally hundreds of thousands of them in existence.

[GSBC]

Originally Posted by Ravager135

They are made in the hundreds of thousands and they aren't rare. I own one. You're absolutely right, I walked into an AD a year or so ago and bought one out of a window. It was like that for a long time. This "scarcity" is a new thing and I think largely artificial. Just because something is harder to get nowadays doesn't mean it's rare. It's relative value increasing doesn't make it rare either. There are literally hundreds of thousands of them in existence.

I agree...and I have a hulk as well. Like you, I also bought one as a "walk-in". When I bought mine in 2016, my AD actually had a few more in the safe still in the coffin. They didn't have enough displace space and didn't want to show how unpopular the hulk was.
I really think this year will be the turning point of all this scarcity nonsense. It really does feel like supply will catch up to demand, or at least get much closer.

[VicLeChic]

The day Rolex release the Hulk in a non supercase I might be interested.

[Shamorai]

I dream of a time when we look at watches for what they are, and not as investments.

[Thanos]

Originally Posted by Okami

I assume you mean the 116610 LVc; the 16610 LV is discontinued already for many years...

Correct. 116610LV.

16610LV long discontinued. I paid $6700 cdn in 2009 for a 16610LV 'V'serial

[Ravager135]

Originally Posted by GSBC

I agree...and I have a hulk as well. Like you, I also bought one as a "walk-in". When I bought mine in 2016, my AD actually had a few more in the safe still in the coffin. They didn't have enough displace space and didn't want to show how unpopular the hulk was.
I really think this year will be the turning point of all this scarcity nonsense. It really does feel like supply will catch up to demand, or at least get much closer.

I hope so. I am fortunate in that I amassed my Rolex collection during the release of the six digit cases but before the mess that exists today. I was one of the first on the forum to get the Explorer II in 42mm, I got the BLNR below MSRP from a grey dealer about a year after it came out, and as I said before I bought my LVc on a whim with a bonus. If I were just getting into Rolex these days, it would be a nightmare of wait lists. Even models I like that have come out in the past two years, I can't reasonably flip anything I own without holding onto my cash for years before my name comes up on a waitlist to get something at MSRP. It's become absurd. I'd consider picking up a Daytona or the BLRO, but not for twice retail. If I were to wait, I'd probably lose interest and get something else anyway.