Rolex market soft

[GB-man]

Originally Posted by HL65

Market overall is soft for most high end brands but within each watch brand are references that have high demand and lower supply this command strong prices. Not all watches within a brand were created equal. Also the vintage market still remains strong although I am starting to see collectors privately letting go of some of their prized treasures. Overall that market is still solid. Just my humble opinion...

Ken has been giving this tale of two cities speach for what feels like a year or so now. Might be time we all wake up, smell the coffee and buy some mid 2017 put options on the Nasdaq

Kidding not kidding.

[WJGESQ]

Originally Posted by Tebow15

Soft market? Have you seen the prices move down much over the last several months in the Classified section? No.

Want another good gauge of the market? Look at DavidSW prices. They haven't budged recently and he is probably one of the larger dealers.

Yes. Was thinking the same thing.

[UnicoJG]

It's definitely not strong. There is a reason Rolex has not increased prices these last few years, however, Rolex has been tighter with discounts on their timepieces.

[HogwldFLTR]

I've noticed a decrease in prices on many watches (14060, 16700, 16570 for example); the prices have definitely come down over the past few years.

[rolehex]

Not in my eyes. 16710 has gone up 1-3k in the last two years. The only one I see tanking is the Explorer.

[Xeer]

Originally Posted by rolehex

Not in my eyes. 16710 has gone up 1-3k in the last two years. The only one I see tanking is the Explorer.

Explorer tanking?

Have you seen the 1016?

[modee]

Originally Posted by Tebow15

Soft market? Have you seen the prices move down much over the last several months in the Classified section? No.

That's exactly what I have seen and pointed out above, but I'm looking over a few year period not months.

[Speed]

Originally Posted by madmax21

I'm sure everyone's noticed by this point that the watch Market has become very soft, it's been happening for some time now but in Canada specially I find it's really hit a peak.



Of course they were saying that we were having a price increase but never came about is that the main reason for this or is it just the cycle.



I'm interested to know your thoughts on this and for all my US friends is the same happening in the US.

I see no evidence in the states.

I asked a similar questioner: quantification of this alleged soft market.

One response I got on TRF was Pateks costing $90k could be had for $60k.

Afraid I can't take advantage of this "softness" Hahahaha 😆

[The Libertine]

Originally Posted by rolehex

Not in my eyes. 16710 has gone up 1-3k in the last two years. The only one I see tanking is the Explorer.

Absolutely agree on the 16710.

Definitely disagree on the Explorer.

[madmax21]

Well guys I just pulled the trigger on a Sub C with date BN with original wrap for $8200 CAD

[joli160]

As long as Mrs. Rolex keeps her books closed all these are mere rumours