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Tavli3 · 24 May 2019, 03:26 AM

3 weeks ago there were 2 available on Chrono. Yesterday there was 26, today there are 35. I read about all this talk about Rolex tracking serial #s and ADs being vigilant about not selling to Flippers. Well judging from this trend I would have to say that both Rolex and ADs are doing a sh*t job of it. If in fact they are doing any of the above.

Given the fact that many ADs have most likely not received there first BLNR yet I think the quantity and rate of increase on the gray market is stunning.

Also ASP is about 22.5K. I know that doesn't mean they sell for that but that's what everyone is asking. Lets see where qty and price balance out if at all.

CoveWatch · 24 May 2019, 03:33 AM

Given that it was only recently released, number of ones for sale are expected to rise... also, a lot of the ones listed for sale on chrono are not immediately available. They would source one if/when you purchased it.

rolexinfl · 24 May 2019, 03:36 AM

Grey's have 'runners' all around the globe....there's no way AD's can tell who is and isnt a flipper these days - which is why they've pretty much set the standard of 'buy these 2 watches and you can have this SS model' so at least they get something out of the deal

Tavli3 · 24 May 2019, 03:46 AM

Quote:

Originally Posted by CoveWatch

Given that it was only recently released, number of ones for sale are expected to rise... also, a lot of the ones listed for sale on chrono are not immediately available. They would source one if/when you purchased it.

Yes of course but the rate of rise is very high in my opinion versus the level of Unavailability there is from ADs.

Tavli3 · 24 May 2019, 03:48 AM

Quote:

Originally Posted by rolexinfl

Grey's have 'runners' all around the globe....there's no way AD's can tell who is and isnt a flipper these days - which is why they've pretty much set the standard of 'buy these 2 watches and you can have this SS model' so at least they get something out of the deal

They are the ticket scalpers of watches. I know of a scalper in Boston who manages to get 100s of tickets to na event no matter how many restrictions or preventions are put in place to prevent that from happening.

unknown · 24 May 2019, 03:51 AM

Well I just picked up mine

and no ... I will NOT sell it !!

Largoshark · 24 May 2019, 03:55 AM

Quote:

Originally Posted by unknown

Well I just picked up mine

and no ... I will NOT sell it !!

Nice pic!

socalwatchcollector · 24 May 2019, 04:01 AM

Quote:

Originally Posted by CoveWatch

Given that it was only recently released, number of ones for sale are expected to rise... also, a lot of the ones listed for sale on chrono are not immediately available. They would source one if/when you purchased it.

+1 Commonly known as ghost listings

1665fan · 24 May 2019, 04:05 AM

Dealers sell directly to greys....

Tavli3 · 24 May 2019, 04:06 AM

Quote:

Originally Posted by unknown

Well I just picked up mine

and no ... I will NOT sell it !!

Beautiful and congrats. Seems like most of the incomings are from the EU as is the majority for the gray watches for sale.

jpjsavage · 24 May 2019, 04:09 AM

And here is mine. Picked up yesterday. Sorry, my photos do not compare to the other one shown here!

Sent from my LG-H870DS using Tapatalk

jaySL350 · 24 May 2019, 04:10 AM

Big congrats
Wear in good health,

Tavli3 · 24 May 2019, 04:20 AM

Quote:

Originally Posted by socalwatchcollector

+1 Commonly known as ghost listings

Ghost listings make sense when there are 100s of watches available but not when there are 35. Where are they sourcing them. Doesn't make sense for them to spend money on a listing for a watch that is a high probability for them not to get. Lets say if only 25% of the listings are ghost that means 9 ghosts are chasing 26 actual watches to make a deal. Why would a dealer with one of these watches make a deal with a ghost lister. No reason to make less money on the watch at this point. Too soon to take a cut in profits.

TswaneNguni · 24 May 2019, 04:26 AM

Stating the obvious

enjoythemusic · 24 May 2019, 04:29 AM

A large shipment of various watches was recently received by many dealers. Meanwhile guys like me who've bought two at msrp and helped sell a nice Tudor to my friend can't get sh*t from Florida chain store. Good news is my contact at Rolex has been awesome... though they are perplexed as well.

Am waiting for the next crash to write an article for a watch mag. Want to get the ending of this bubble as the final 'chapter.' Been a journalist for luxury goods and watch collector / enthusiast for over 25 years. Take a step or two back, remember the Asian crisis, the dot com bubble... those dwarf this wave.

Wrist Watcher · 24 May 2019, 04:35 AM

The new BLNR looks fantastic! Congrats to all who have received them already.

DaytonaSubmariner · 24 May 2019, 04:42 AM

How does Rolex track serial numbers unless the watch is sent in for service?
My AD has no clue of what goes on with the watches once they're out the door.

Tavli3 · 24 May 2019, 04:43 AM

Quote:

Originally Posted by enjoythemusic

A large shipment of various watches was recently received by many dealers. Meanwhile guys like me who've bought two at msrp and helped sell a nice Tudor to my friend can't get sh*t from Florida chain store. Good news is my contact at Rolex has been awesome... though they are perplexed as well.

Am waiting for the next crash to write an article for a watch mag. Want to get the ending of this bubble as the final 'chapter.' Been a journalist for luxury goods and watch collector / enthusiast for over 25 years. Take a step or two back, remember the Asian crisis, the dot com bubble... those dwarf this wave.

Interesting! My AD in South Florida says she has not seen any new SS watches yet. I was beginning to think she was BSing me but sounds like she's not.

SeaDweller50 · 24 May 2019, 04:46 AM

Quote:

Originally Posted by enjoythemusic

A large shipment of various watches was recently received by many dealers. Meanwhile guys like me who've bought two at msrp and helped sell a nice Tudor to my friend can't get sh*t from Florida chain store. Good news is my contact at Rolex has been awesome... though they are perplexed as well.

Am waiting for the next crash to write an article for a watch mag. Want to get the ending of this bubble as the final 'chapter.' Been a journalist for luxury goods and watch collector / enthusiast for over 25 years. Take a step or two back, remember the Asian crisis, the dot com bubble... those dwarf this wave.

What Wave?

jrs146 · 24 May 2019, 05:08 AM

Man all these BLNR Incomings are making me kinda sad. I swear I didn't want one at first... But ugh. Now I kinda do.

EndlessEight · 24 May 2019, 06:55 AM

Still trying to source one from the AD. Congrats!

Tseg · 24 May 2019, 08:14 AM

They're breeding like bats!

Shamorai · 24 May 2019, 08:19 AM

The sudden number of blnr’s for sale is due to all the “VIP’s” getting their supply from the AD’s....

Rolex -> AD -> “VIP” -> Grey -> Us.

18●20●22●▼●2●4●6 · 24 May 2019, 12:06 PM

True Story! Especially on steel Daytona's...

Quote:

Originally Posted by Shamorai

The sudden number of blnr’s for sale is due to all the “VIP’s” getting their supply from the AD’s....

Rolex -> AD -> “VIP” -> Grey -> Us.

RL777 · 24 May 2019, 01:02 PM

The longer I look at that Jubilee, the more I can wrap my head around considering it...maybe

aleeboy · 24 May 2019, 01:09 PM

It's the same MO as sneakers and Lego.

Becomes pretty boring and luckily, for sneakers and Lego, they produce thousands of different products that aren't subjected to supply hoarding and market manipulation.

It was only a matter of time until such a business model moved to Rolex watches.

24 May 2019, 03:26 AM	#1
Tavli3 "TRF" Member Join Date: Jan 2019 Real Name: Jim Location: miami Watch: GMT II 16760 Posts: 1,676	BLNR Gray Inventory Increasing Rapidly 3 weeks ago there were 2 available on Chrono. Yesterday there was 26, today there are 35. I read about all this talk about Rolex tracking serial #s and ADs being vigilant about not selling to Flippers. Well judging from this trend I would have to say that both Rolex and ADs are doing a sh*t job of it. If in fact they are doing any of the above. Given the fact that many ADs have most likely not received there first BLNR yet I think the quantity and rate of increase on the gray market is stunning. Also ASP is about 22.5K. I know that doesn't mean they sell for that but that's what everyone is asking. Lets see where qty and price balance out if at all.

24 May 2019, 03:51 AM	#6
unknown "TRF" Member Join Date: Jul 2005 Location: Europe Posts: 2,866	Well I just picked up mine and no ... I will NOT sell it !! __________________ Instagram : @collectible_watches

24 May 2019, 04:29 AM	#15
enjoythemusic 2024 Pledge Member Join Date: Nov 2012 Real Name: Steven Location: Glocal Posts: 20,995	A large shipment of various watches was recently received by many dealers. Meanwhile guys like me who've bought two at msrp and helped sell a nice Tudor to my friend can't get sht from Florida chain store. Good news is my contact at Rolex has been awesome... though they are perplexed as well. Am waiting for the next crash to write an article for a watch mag. Want to get the ending of this bubble as the final 'chapter.' Been a journalist for luxury goods and watch collector / enthusiast for over 25 years. Take a step or two back, remember the Asian crisis, the dot com bubble... those dwarf this wave. __________________ __________________ ----> TAMPA Meetup In December 2024* <---- https://www.rolexforums.com/showthread.php?p=13450519 Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory.

24 May 2019, 04:35 AM	#16
Wrist Watcher 2024 Pledge Member Join Date: Jan 2012 Location: USA Watch: Hulk 116610LV Posts: 1,447	The new BLNR looks fantastic! Congrats to all who have received them already. __________________ Rolex Submariner 116610LV (Hulk) Rolex GMT Master II 126710BLRO (Pepsi) Rolex Daytona 116500LN (White)

24 May 2019, 05:08 AM	#20
jrs146 "TRF" Member Join Date: Aug 2011 Real Name: Josh Location: Lost in time Watch: Me Nae Nae Posts: 9,823	Man all these BLNR Incomings are making me kinda sad. I swear I didn't want one at first... But ugh. Now I kinda do. __________________ "Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter

24 May 2019, 03:33 AM	#2
CoveWatch "TRF" Member Join Date: Nov 2017 Location: SoCal Watch: Rolex & AP Posts: 4,535	Given that it was only recently released, number of ones for sale are expected to rise... also, a lot of the ones listed for sale on chrono are not immediately available. They would source one if/when you purchased it.

24 May 2019, 03:36 AM	#3
rolexinfl "TRF" Member Join Date: Aug 2017 Location: FL Posts: 663	Grey's have 'runners' all around the globe....there's no way AD's can tell who is and isnt a flipper these days - which is why they've pretty much set the standard of 'buy these 2 watches and you can have this SS model' so at least they get something out of the deal

24 May 2019, 04:05 AM	#9
1665fan "TRF" Member Join Date: Oct 2017 Location: East coast Posts: 6,659	Dealers sell directly to greys....

24 May 2019, 04:09 AM	#11
jpjsavage "TRF" Member Join Date: Jun 2011 Location: Manchester Posts: 199	And here is mine. Picked up yesterday. Sorry, my photos do not compare to the other one shown here! Sent from my LG-H870DS using Tapatalk

24 May 2019, 04:10 AM	#12
jaySL350 "TRF" Member Join Date: Jul 2016 Real Name: jay Location: North London Watch: BBG,Hulk,16013,DJB Posts: 3,278	Big congrats Wear in good health,

24 May 2019, 04:26 AM	#14
TswaneNguni "TRF" Member Join Date: Feb 2008 Real Name: Chris Location: . Watch: Daytonas/Subs/GMTs Posts: 12,609	Stating the obvious

24 May 2019, 04:42 AM	#17
DaytonaSubmariner "TRF" Member Join Date: Oct 2013 Real Name: Rob Location: US Watch: Rolex Daytona Posts: 233	How does Rolex track serial numbers unless the watch is sent in for service? My AD has no clue of what goes on with the watches once they're out the door.

24 May 2019, 06:55 AM	#21
EndlessEight 2024 SubLV41 Pledge Member Join Date: Jan 2019 Location: NJ, USA Watch: Hulk, BLRO Posts: 1,642	Still trying to source one from the AD. Congrats!

24 May 2019, 08:14 AM	#22
Tseg "TRF" Member Join Date: Apr 2014 Real Name: Tom Location: World Traveler Watch: GMT Master II BLNR Posts: 1,583	They're breeding like bats!

24 May 2019, 08:19 AM	#23
Shamorai "TRF" Member Join Date: Oct 2016 Location: Sydney Watch: 16523, 116610LV Posts: 762	The sudden number of blnr’s for sale is due to all the “VIP’s” getting their supply from the AD’s.... Rolex -> AD -> “VIP” -> Grey -> Us.

24 May 2019, 01:02 PM	#25
RL777 "TRF" Member Join Date: Oct 2018 Location: Canada Posts: 99	The longer I look at that Jubilee, the more I can wrap my head around considering it...maybe

24 May 2019, 01:09 PM	#26
aleeboy "TRF" Member Join Date: Jan 2009 Real Name: Russel Location: N/A Watch: N/A Posts: 755	It's the same MO as sneakers and Lego. Becomes pretty boring and luckily, for sneakers and Lego, they produce thousands of different products that aren't subjected to supply hoarding and market manipulation. It was only a matter of time until such a business model moved to Rolex watches.

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