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

[eijiboy]

Originally Posted by HAL330

do you realize how crazy that sounds? That's a $11K retail watch .. We are still talking massive demand vs supply..

But do you realize that it was selling for more than 50k 5 months ago and people going crazy that they predict it will reach 75k soon? Daytona never sold for msrp in the secondary market so no surprise there. But now its dropping on a daily basis and yet no one is biting. i guess the saying was right that "nobody wants to catch a falling knife".

And nope its not 11k watch, its 14k and change.

[ogbeans]

Still can make money $$$$$$$$$

[NeoDough]

Originally Posted by Turbo Racer

I wish there was a like button on this forum.

A bit OT but I agree - post reactions, quote notifications, a million other things. Would be great to see this forum move into the 21st century.

[Polar Bear]

Originally Posted by NeoDough

A bit OT but I agree - post reactions, quote notifications, a million other things. Would be great to see this forum move into the 21st century.

Yep
While this forum functions, there are some upgrades that would really improve the functionality

[dmash]

Originally Posted by eijiboy

it comes with card but no box and tags though. 2019

Box can be bought from practically any moda seller for 150-200. Those aren’t watch specific, all your ADs have tons of them, in different sizes

[eijiboy]

Originally Posted by dmash

Box can be bought from practically any moda seller for 150-200. Those aren’t watch specific, all your ADs have tons of them, in different sizes

Yeah still great price. There was another sd43 few days ago sold for 12850 but watch only but bnib and stickers

[dmash]

Originally Posted by eijiboy

Yeah still great price. There was another sd43 few days ago sold for 12850 but watch only but bnib and stickers

SD is a great watch, I owned it. Aesthetically it wore great, but it’s just a bit heavy for my liking in a diver. New sub is literal perfection in my eyes. Maybe I’m a baby though, idk

[eijiboy]

Originally Posted by dmash

SD is a great watch, I owned it. Aesthetically it wore great, but it’s just a bit heavy for my liking in a diver. New sub is literal perfection in my eyes. Maybe I’m a baby though, idk

I love sd43 as well. I used to own one but sold it to finance other watch. if only i can afford to keep it, i would.
Yup the 12 sub is perfection. it hugs my small wrist better than the 11. you lucky to own both.

[eijiboy]

Price drop alert. Another nib panda just posted for $33,333!

Sorry i was wrong when i said that it was going down by the day, instead it was going down by the hour!

[Sandpit]

Dropping like a stone.


Sent from my iPhone using Tapatalk

[Forty6nTwo]

What’s MODA?

[Polar Bear]

Originally Posted by Forty6nTwo

What’s MODA?

A Facebook Sales group

[Incroyable12]

Originally Posted by Polar Bear

Yep
While this forum functions, there are some upgrades that would really improve the functionality

Even the NAWCC forum has like buttons now.

[Polar Bear]

Originally Posted by Incroyable12

Even the NAWCC forum has like buttons now.

A BBQ Forum I'm on has a lot of functionality on it too

• The ability to tag members
• Drag and Drop Pictures
• Like buttons
• "Like" and "Quote" notifications

I'm, sure some of those functions exist here, but if i cant figure them out, they're not that intuitive (I'm 36yo)

This falls firmly in the "it would be nice" category, though

[Incroyable12]

The Sotheby's auction in HK seems to have done better than the Antiquorum one:

https://www.sothebys.com/en/buy/auct...fine-watches-9

I thought this was a great buy at $32,000 considering how rare it is:



https://www.sothebys.com/en/buy/auct...a-three-colour

[sigma089]

Originally Posted by Incroyable12

Many hype watches didn't sell at yesterday's Antiquorum auction--things like vintage Royal Oak Jumbos, etc. The Langes and FPJs also seemed weak.

https://catalog.antiquorum.swiss/en/...july_2022/lots

Wow, that's a great find. Everything seemed pretty weak. From what I can tell a ton of Daytonas weren't sold, Nautilus as well. AP extremely underwhelming, even most Pateks did badly. Speedy hype seems to be gone as well. Blancpain etc. basically unsellable. Wow.

[Incroyable12]

Originally Posted by sigma089

Wow, that's a great find. Everything seemed pretty weak. From what I can tell a ton of Daytonas weren't sold, Nautilus as well. AP extremely underwhelming, even most Pateks did badly. Speedy hype seems to be gone as well. Blancpain etc. basically unsellable. Wow.

I'm not sure why they even bother to put brands like Blancpain or even Breguet in auctions.

They're basically unsellable.

[rolexpatek363]

Originally Posted by Meltingicecube

All I can say is I take care of my SAs + some common sense!

They are ordered by the head office not to put anything on display! Think about it, we are back to mid 2021 prices and flippers margins are thinner than 2021, yet there is not a single watch for sale! In mid 2021, there used to be at least dozens of watches for sale and on display in every damn AD!

Forgive me, but I think you are making things up! Makes for interesting reading! Especially if you end every sentence with a!

[ronricks]

Originally Posted by HelloMelo

Not sure what the hold up with DavidSW is? I guess he’ll rather let them collect dust before he sells at a loss?


Sent from my iPhone using Tapatalk

It’s almost sad to see some of these sellers this delusional with the current market. They are just making themselves irrelevant as there are plenty of other dealers that have adjusted their prices to what the current market actually is. Some of the bigger dealers are desperately hoping that prices return after summer, after China opens back up etc. meanwhile we are headed to yet another .75 basis point increase (if not more) next week. Doesn’t look good for those guys.

[chris242]

Can anyone that’s a moda member tell me what the 37 yachmaster rhodium (268622) is trading for these days?


Sent from my iPhone using Tapatalk

[pjaffe]

Originally Posted by honuswagner13

Can anyone purchase these watches on MODA, or do you need to be a dealer?

I'm just a regular guy. I bought a Rootbeer on there, no issues at all.

[pjaffe]

Originally Posted by ronricks

It’s almost sad to see some of these sellers this delusional with the current market. They are just making themselves irrelevant as there are plenty of other dealers that have adjusted their prices to what the current market actually is. Some of the bigger dealers are desperately hoping that prices return after summer, after China opens back up etc. meanwhile we are headed to yet another .75 basis point increase (if not more) next week. Doesn’t look good for those guys.

It's an interesting phenomenon. I used to think David was the end all be all of the gray market. Then he started posting IG stories of Ferraris and extravagant dinners every weekend, which was a little ostentatious but whatever. The breaking point for me was when the market started dropping and he continued to list watches for absurd prices.

[SDR581]

Originally Posted by SubMillennial

Meanwhile, DavidSW still has two listed for 22k, lol. I bet he wouldn't even offer half of that right now to a flipper

This is just my assumption. But I think every big grey and DavidSW can afford to hold out until the market starts to go back up around Christmas.

He appears to to be holding firm...Those to desperately need to sell to him will sell at a lower price....if he's buying.

From what I have observed. He is starting to sell a lot of the other brands...Either the big greys are not buying Rolex or people are not willing to sell to them at lower prices.

[SDR581]

Originally Posted by pjaffe

It's an interesting phenomenon. I used to think David was the end all be all of the gray market. Then he started posting IG stories of Ferraris and extravagant dinners every weekend, which was a little ostentatious but whatever. The breaking point for me was when the market started dropping and he continued to list watches for absurd prices.

I'm not defending him or any other grey dealer. However, I think some of them can afford to hold out much longer. Some of them are trend setters in pricing DavidSW is one of them.

[ronricks]

Originally Posted by SDR581

I'm not defending him or any other grey dealer. However, I think some of them can afford to hold out much longer. Some of them are trend setters in pricing DavidSW is one of them.

He isn’t a trend setter in this environment. Prices are going down by the week. People are seeing there are other dealers out there with much better pricing. These ones trying to hold out are just making themselves irrelevant.

[JWillard]

The watch marker won’t return to previous highs, those holding out hoping for that don’t understand the current economic issue facing the us and the world.

[28mm]

Is this thread going to go on forever unchecked? I can't believe it's allowed to be honest.

[Trailboss516]

Originally Posted by 28mm

Is this thread going to go on forever unchecked? I can't believe it's allowed to be honest.

I'm not savvy with how the forum works but I bet you can report the thread if you don't like it and offer an explanation of a) what forum rule it violates, or b) why you don't like it.

(Not being snarky)

[28mm]

Originally Posted by Trailboss516

I'm not savvy with how the forum works but I bet you can report the thread if you don't like it and offer an explanation of a) what forum rule it violates, or b) why you don't like it.

(Not being snarky)

I did that and then posted actually. Didn't take it as snarky at all.

[Gangitano]

Prices go up and down depending on the seller purchased the watch.
Wake up morons, it pays to shop around, that's all.