Prices slump by up to 50% for discontinued Rolex watches (Watchpro)

[slim]

Originally Posted by bay_area_kid

It's not even in the "dark" market. They are getting sold in the other Moda group. I've personally seen some dealers selling the following in bulk:

• old-style coffin cases
• cardboard "coffin" cases
• blank warranty cards (both old and new styles)
• case and bracelet protective stickers (fakes but claimed to be indistinguishable from the real thing)
• watch pouches from RSC
• Brand new boxes of all sizes
• genuine Rolex gloves, same ones worn by ADs
• Rolex watch trays

One of those Moda dealers claimed they got them from ADs who recently got their contract terminated.

Thanks, thats exactly what I suspected goes on.

[buknoy]

Flooded panda new at 33 ang change. No movement


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[Kliminator]

Just saw Green dial full set Daytona 2021 for 79k

[buknoy]

all DC daytona looks like they going on down trend a little. not long ago ss panda selling at 34 and 85k on jm. but at this time at 33k no takers, 79k no takers on JM

[Radbloke]

I hate to harp on about this, but did anyone witness the ridiculous puff piece from V Moda on the bloke that was selling the fake 5711 the other day? Absolute nonsense. Claiming old mate was a self-made watch trading genius, one of the best. And because he's and RWB member, fakes are OK.

Stay vigilant out there kings and queens, watch out indeed.

[psm11]

Originally Posted by Radbloke

I hate to harp on about this, but did anyone witness the ridiculous puff piece from V Moda on the bloke that was selling the fake 5711 the other day? Absolute nonsense. Claiming old mate was a self-made watch trading genius, one of the best. And because he's and RWB member, fakes are OK.

Stay vigilant out there kings and queens, watch out indeed.

It was pathetic and so were all the morons on there pumping him up.


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[GB-man]

It’s preposterous. Whatever VM is getting in return isn’t enough as it discredits the entire group particularly the so called group experts. Imagine if Steve said it’s ok for DSW to sling canal street Daytonas and then DSW said great here’s a bunch of trash lol

That’s basically what they are doing over there.

[buknoy]

BNIB panda daytona with all stickers dated this month of May now at 32.5

[Vince_76]

Originally Posted by GB-man

It’s preposterous. Whatever VM is getting in return isn’t enough as it discredits the entire group particularly the so called group experts. Imagine if Steve said it’s ok for DSW to sling canal street Daytonas and then DSW said great here’s a bunch of trash lol

That’s basically what they are doing over there.

I will never buy on MODA and it’s largely due to that incident. All those dealers are so annoying with their circle jerking

[psm11]

Originally Posted by Vince_76

I will never buy on MODA and it’s largely due to that incident. All those dealers are so annoying with their circle jerking

It’s a real shame bc I had a great experience buying on there. But the last few months it has really tanked.

[bay_area_kid]

Apparently, some Rolex AD recently got their ORJ contract terminated. The aftermath: https://imgur.com/a/aGzjh22.

[bay_area_kid]

Unworn 126713GRNR from 05/2023 is now down to $25k, been sitting unsold for 13hrs and counting...

[GB-man]

Originally Posted by Vince_76

I will never buy on MODA and it’s largely due to that incident. All those dealers are so annoying with their circle jerking

I have bought a few pieces always from individual collectors and then I make the seller cover the middleman service. But the dealers are mostly annoying. Compared to dealing with the admittedly more expensive dealers here it’s like going from the 4 seasons to the holiday inn lol

[Leedslad84]

Originally Posted by Kliminator

Just saw Green dial full set Daytona 2021 for 79k

Uk or US.

Offered a brand new 2023 at 65K GBP yesterday

[Vince_76]

Originally Posted by bay_area_kid

Apparently, some Rolex AD recently got their ORJ contract terminated. The aftermath: https://imgur.com/a/aGzjh22.

Thanks. Which MODA group is this?

Originally Posted by GB-man

I have bought a few pieces always from individual collectors and then I make the seller cover the middleman service. But the dealers are mostly annoying. Compared to dealing with the admittedly more expensive dealers here it’s like going from the 4 seasons to the holiday inn lol

Haha sounds like the right analogy. Need to be very weary and buy the seller in this case.

[jokerjacket]

Originally Posted by Vince_76

Thanks. Which MODA group is this?



Haha sounds like the right analogy. Need to be very weary and buy the seller in this case.

Think that is in the RWB dealer group.

[buknoy]

just posted new gmt jubilee tt now at 24k

[pursang_]

Did anyone get a screenie of that custom [sic] Tiffany 5711?

I saw it but didn't nab it.

[buknoy]

Nib panda again at 32.3k! last night one was sold for 32.5k

[Radbloke]

Originally Posted by pursang_

Did anyone get a screenie of that custom [sic] Tiffany 5711?

I saw it but didn't nab it.

Na sorry mate, I did get some of the blow back/attempt to mop up the debris though. What an absolute farce. It's a shame as the old Moda was a decent place to buy if you carried out due diligence. I'd say they will have lost a lot of buyers over this.

Nice M3 LTW.

[bay_area_kid]

Originally Posted by Vince_76

Thanks. Which MODA group is this?

I actually got those directly from the dealer's page. For these kinds of things (blank warranty cards, fake stickers, hangtags, etc), they're quite niche so you don't usually see them in the regular Moda group. You have to know who exactly sells them or be an #RWB member so you get access to the actual wholesaler network including WhatsApp groups.

[Etschell]

Originally Posted by bay_area_kid

Unworn 126713GRNR from 05/2023 is now down to $25k, been sitting unsold for 13hrs and counting...

absurd for a tt watch. just ridiculous. whoever buys it will instantly be stuck hard.

[messikens]

Originally Posted by bay_area_kid

Unworn 126713GRNR from 05/2023 is now down to $25k, been sitting unsold for 13hrs and counting...

50% over retail for a TT.

I'm sure it won't last long and then this falls hard to Msrp or even 10-20% below MSRP. I wouldn't want to be stuck with this at that point. That's literally losing 10k on a 16k watch

[RichardBartlett]

Originally Posted by Etschell

absurd for a tt watch. just ridiculous. whoever buys it will instantly be stuck hard.

Isn't that a bit like saying no one would by a SS at 2x RRP?

Years ago if you couldn't afford a TT you bought a SS.. The market flipped it could flip again.. unlikely but IAH who knows the next craze

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[Benzsiam]

My SA at Rolex boutique told me that many of their clienteles are asking for the new YG and TT GMT models. I doubt it will be selling below MSRP in the secondary market.

[In-N-Out]

The funniest thing on moda is when the idiot sellers post a watch, then claim it sold for a specific price, then say in the comments “I have another identical one in same condition coming” lmao

[rmwill]

LOL. The only people who know what a watch actually sold for are the buyer and seller. Funny that people who comment here have not actually figured this fact out.

Originally Posted by In-N-Out

The funniest thing on moda is when the idiot sellers post a watch, then claim it sold for a specific price, then say in the comments “I have another identical one in same condition coming” lmao

[buknoy]

bnib JM daytona sold for 82.5

[ExplorerI]

Originally Posted by Etschell

absurd for a tt watch. just ridiculous. whoever buys it will instantly be stuck hard.

Could people paid 35 when it first came out. Now there’s one sitting at 23 and change. Oh but you have to pay extra for the box lol

[messikens]

Hey Vince or psm - any updates on my 26420 and 26240s on Moda or somewhere else?

Haven't seen many listed recently on TRF and C24 is just frozen at this point. Nothing moving and nothing going down in price