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AK797 · 18 March 2018, 11:53 PM

Anything popular that is discontinued is always going to have price pressure upwards, and as the Coke C is not much of a direct competitor and will be trickled out, I doubt prices will fall, maybe flatten out.

tomchicago · 19 March 2018, 12:09 AM

Pepsi, not Coke, is driving 16710 prices. A stainless Pepsi, if and only if Rollie gets the bezel colors right (which they absolutely did not on the WG), should slow down the price explosion.

breitlings · 19 March 2018, 02:01 AM

I do. I think 16710 prices get frozen for a while. maybe retreat to 5-6k until 5 digit is truly vintage.

1) the 6 digit ln had green not red
1a) we may see a red ln too
2) it looks like a return of jub possible oyster option as well
2a) bracelets are nicer than 5 digit
3) I think they can get a red/black combo done well in ceramic
4) new movement
5) possible glidelock
6) possible new case
7) less likely bezel lume or bezel command
8) the prices between new and 5 digit are almost negligible from trusted sellers.

ronricks · 19 March 2018, 02:11 AM

There are hundreds of thousands of 16710’s out there. The market for them is very overrated and overvalued. It isn’t a rare or scarce watch. Especially compared to the BLNR which has only been in production for 5 years or so. A new GMT with a new movement absolutely will devalue the ‘old’ 116710 which in itself is not a ‘rare’ or ‘scarce’ watch. These are mass produced Rolex watches. Rolex is not AP or Patek.

WS9D · 19 March 2018, 02:35 AM

Quote:

Originally Posted by ronricks

There are hundreds of thousands of 16710’s out there. The market for them is very overrated and overvalued. It isn’t a rare or scarce watch.

True, but if none of these hundreds of thousands are available for sale, price will continue to rise. I think most have fallen into the hands of people who want them and will not part with them in the near future.

A quick check on chrono24 (by no means scientific) showed 468 Ref. 16710 for sale. Say 100,000 were produced, that means only .005% for those 100,000 are for sale. High demand, low supply for sale. It's the for sale numbers (market availability) that matter, not the production numbers.

ronricks · 19 March 2018, 02:47 AM

Quote:

Originally Posted by Ks6pd

True, but if none of these hundreds of thousands are available for sale, price will continue to rise. I think most have fallen into the hands of people who want them and will not part with them in the near future.

A quick check on chrono24 (by no means scientific) showed 468 Ref. 16710 for sale. Say 100,000 were produced, that means only .005% for those 100,000 are for sale. High demand, low supply for sale. It's the for sale numbers (market availability) that matter, not the production numbers.

There are likely more for sale at jewelry stores all across the country than on chrono24 and eBay combined. Very few people are WIS or watch collectors. We are the minority by far. It isn’t hard to source a 16710 locally here in Atlanta. I don’t even have to get in the Internet to do that. A SS coke or Pepsi ceramic is also going to cut into that demand IF that happens. We may or may not get that next week. Who knows? The 16710 like the 16610 was produced in staggering numbers. Not rare. Not scarce.

yannis · 19 March 2018, 02:50 AM

16710 will keep on rising analogously to Rolex prices. Then one may add to this that the more well preserved and complete/unpolished a 16710 the higher the price.

Speedbird-1 · 19 March 2018, 03:50 AM

Quote:

Originally Posted by AK797

Anything popular that is discontinued is always going to have price pressure upwards, and as the Coke C is not much of a direct competitor and will be trickled out, I doubt prices will fall, maybe flatten out.

Coke C?

yannis · 19 March 2018, 04:45 AM

Quote:

Originally Posted by Lt Virgil Hilts

Coke C?

The LNRO or ROLN ceramic GMT everyone has been anticipating and hoping for.

Speedbird-1 · 19 March 2018, 05:34 AM

[QUOTE=yannis;8384111]The LNRO or ROLN ceramic GMT everyone has been anticipating and hoping for.[/QUOTE

Hi Yannis,
Yes, thanks, I get exactly what we are all anticipating.
How could I not?

My query, (slightly, tongue in cheek) ......"Coke C?" Was just questioning AK797's statement that,"the coke C is not much of a direct competitor and will be trickled out".

Apologies, being a tad pedantic I suppose.

19 March 2018, 02:50 AM	#37
yannis "TRF" Member Join Date: Nov 2008 Real Name: Yannis Location: Europe Watch: maniac Posts: 9,070	16710 will keep on rising analogously to Rolex prices. Then one may add to this that the more well preserved and complete/unpolished a 16710 the higher the price. __________________ Rolex Submariner 116610LV \| Tudor 79220N DSSD MEMBERS - OWNERS CLUB

18 March 2018, 11:53 PM	#31
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,368	Anything popular that is discontinued is always going to have price pressure upwards, and as the Coke C is not much of a direct competitor and will be trickled out, I doubt prices will fall, maybe flatten out.

19 March 2018, 12:09 AM	#32
tomchicago Banned Join Date: Feb 2010 Location: Chicago Watch: 16710BLRO, 214270. Posts: 2,717	Pepsi, not Coke, is driving 16710 prices. A stainless Pepsi, if and only if Rollie gets the bezel colors right (which they absolutely did not on the WG), should slow down the price explosion.

19 March 2018, 02:01 AM	#33
breitlings Banned Join Date: Jul 2014 Location: Bethesda Watch: Apple TV Posts: 5,744	I do. I think 16710 prices get frozen for a while. maybe retreat to 5-6k until 5 digit is truly vintage. 1) the 6 digit ln had green not red 1a) we may see a red ln too 2) it looks like a return of jub possible oyster option as well 2a) bracelets are nicer than 5 digit 3) I think they can get a red/black combo done well in ceramic 4) new movement 5) possible glidelock 6) possible new case 7) less likely bezel lume or bezel command 8) the prices between new and 5 digit are almost negligible from trusted sellers.

19 March 2018, 02:11 AM	#34
ronricks 2024 Pledge Member Join Date: Jun 2013 Location: ATL Watch: 126610LV Posts: 2,746	There are hundreds of thousands of 16710’s out there. The market for them is very overrated and overvalued. It isn’t a rare or scarce watch. Especially compared to the BLNR which has only been in production for 5 years or so. A new GMT with a new movement absolutely will devalue the ‘old’ 116710 which in itself is not a ‘rare’ or ‘scarce’ watch. These are mass produced Rolex watches. Rolex is not AP or Patek.

19 March 2018, 05:34 AM	#40
Speedbird-1 "TRF" Member Join Date: Aug 2009 Real Name: Steve. Location: UK Posts: 6,438	[QUOTE=yannis;8384111]The LNRO or ROLN ceramic GMT everyone has been anticipating and hoping for.[/QUOTE Hi Yannis, Yes, thanks, I get exactly what we are all anticipating. How could I not? My query, (slightly, tongue in cheek) ......"Coke C?" Was just questioning AK797's statement that,"the coke C is not much of a direct competitor and will be trickled out". Apologies, being a tad pedantic I suppose.

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