More BS about the bubble bursting

[alphasports]

https://www.youtube.com/watch?v=sD3n...ature=youtu.be

Right, the bubble has burst because for example Watchfinder UK has been forced to reduce the price on, among their hundreds of BLNRs etc, my poor GMT LN, now reduced to the humiliating sum of about 13.5k US, or $18,013.00 CAD as of today.

Yes clearly the "bubble has burst".

Man what a load of crap.

[mcnealstash]

Worst watch related youtube channel.

[Art 1]

Originally Posted by alphasports

https://www.youtube.com/watch?v=sD3n...ature=youtu.be

Right, the bubble has burst because for example Watchfinder UK has been forced to reduce the price on, among their hundreds of BLNRs etc, my poor GMT LN, now reduced to the humiliating sum of about 13.5k US, or $18,013.00 CAD as of today.

Yes clearly the "bubble has burst".

Man what a load of crap.

I’m feeling that prices are going to slip now rather than rise. It will be interesting to see after Christmas and into the new year. I think you would have difficulty getting that much for your GMT. You might be surprised.

[jsausley]

Adrian is really into value retention. He bought and sold a BLNR and a Harrods Tudor for profit from new.

Prices are still higher tha they were in 2016 before Brexit and the US election and successive stock market rally.

What is happening right now is just standard market fluctuation. Prices are still on the rise on a relative basis. If this were the stock market, you'd say Rolex stock was X% above all time highs.

[David5807]

Originally Posted by alphasports

Man what a load of crap.

Pure clickbait! I've come to expect more from barkandjack

[Fire bloke]

Bark and Jack ....would not waste my time clicking on it worst watch channel on the internet

[J.P.Jones]

Originally Posted by mcnealstash

Worst watch related youtube channel.

Now now...merely one of the worst.

[Mandy01]

Originally Posted by Art 1

I’m feeling that prices are going to slip now rather than rise. It will be interesting to see after Christmas and into the new year. I think you would have difficulty getting that much for your GMT. You might be surprised.

will have to wait and see, what I can tell you in America, specifically in Florida where I live the waiting list for SS models are huge and it may take years to get one SS GMT, Daytona , forget it, even the subs SS with no previous history long time, with previous history several months.

[Fire bloke]

Originally Posted by J.P.Jones

Now now...merely one of the worst.

No agree definitely the worst bar none. At the bottom
best watch channels in order
Roman the king..some of the best watches in the world
Horology house.. the tell it how it is reviewer
Freddy the reko
The pontive the others stole his phist watch check
,,
100 other channels
,
,Mr A Daniel s
,
,
50 other channels
,
,,the gent with dick van Dykes bad cockney accent
,.,
All other channels on you tube
Bark and Jack .......bottom of you tube channels the worst

[1665fan]

I saw a gmt LN for 10k is the other day...everything is drippoing

[Mystro]

Most of the watch channels are rubbish. It’s all opinion based by newbies that like to hear themself talk, trying to look important to get subscribers to keep their channel seem relevant. Some scream and use excessive profanity like a buffoon and others found just owning a camera was all the qualifications they needed to have a watch channel.

[watchwatcher]

You lost me at You Tube.

[locutus49]

Since this bubble thing seems to be inside baseball - a UK pastime - I will refrain from further comment and merely watch with interest.

[Onikage]

I'm not sure what people were actually paying for the SS hotties here.. They've certainly not gone soft. Burst pffft I don't think so.

[Onikage]

Originally Posted by Fire bloke

Bark and Jack .......bottom of you tube channels the worst

Oh I dunno. The Scottish chap who reviews the cheapest garbage money can buy, the South African with the rebadged China fake factory stuff and the Euro bloke with Bond the French bulldog and an Automatic Speedmaster have got to be closer to the bottom.

[beshannon]

Originally Posted by watchwatcher

You lost me at You Tube.

Exactly, cannot understand the fascination

[Onikage]

Originally Posted by beshannon

Exactly, cannot understand the fascination

Beats TV.

[quichedem]

Seems like everyone with a SS model came out of the woodwork to sell over the last year or so. This saturation is seemingly forcing a dip in some SS models. The Daytona will always be an exception, as that's one Rolex's halo models. They've always maintained exclusivity on that one, and I wouldn't expect that to change for the foreseeable future. As for a price downturn, I expect the current consensus of a gentle and shallow dip, followed by constant slight upward value gain like before the madness.

[danny_acs]

Good video response from Paul Thorpe to this:

https://youtu.be/YP1dxW5-pSw

[1665fan]

Originally Posted by quichedem

Seems like everyone with a SS model came out of the woodwork to sell over the last year or so. This saturation is seemingly forcing a dip in some SS models. The Daytona will always be an exception, as that's one Rolex's halo models. They've always maintained exclusivity on that one, and I wouldn't expect that to change for the foreseeable future. As for a price downturn, I expect the current consensus of a gentle and shallow dip, followed by constant slight upward value gain like before the madness.

That sounds reasonable.......

[LndLord]

where is narrative coming from

[Nikrnic]

Slipped? Yes but not really a correction, just about back to where it was before all of the excessive media hype lately which really led to a greedy price increase. I still say over msrp for a production piece > not my money...

Sent from my SM-G970U using Tapatalk

[The1019]

Resellers and grey dealers were inflating prices to rip off anyone gullible enough to think their asking price is worh paying - now people are simply not feeding the greed and guess what the prices are falling and the hype bubble well and truly gone. Classic backfire it was inevitable

Don’t feed the greedy

[locutus49]

How about we do what we want because we have freedom. The freedom to chose. Please don't try to curtail freedom.

Originally Posted by The1019

Resellers and grey dealers were inflating prices to rip off anyone gullible enough to think their asking price is worh paying - now people are simply not feeding the greed and guess what the prices are falling and the hype bubble well and truly gone. Classic backfire it was inevitable

Don’t feed the greedy

[Juicemt]

I haven't read everything on the topic, but it is telling for a major grey market dealer to cut prices across the board. I wouldn't use any stupid click-bait type titles to describe the event, but when major dealers start to cut prices there's a reason for it. Softening demand at those prices or an increase in supply will be the reason. I don't think supply is increasing.

[Tangier11]

The only bubble I see bursting is the one on the Richard Mille joke watches

[Scapegoat]

In before the thread is locked!

[P1nky_Up]

I'll believe the bubble has burst when I see a SS GMT, SkyD, or Daytona sitting on the shelves at multiple ADs.

[omx5o]

He should stick to drinking coffee. He's actually quite good at that, apparently.

[Russell996]

I'm afraid anyone who thinks Rolex and Patek can't experience a serious price correction is living in the clouds. Whether we have reached that point in time is really the only discussion to be had. Any piece selling over retail that is still in production is at danger of falling back when the demand starts to dip. This is especially true of pieces that have risen on the coat tails of other pieces. SS Daytona and 5711/1A led the way and are probably safe from the main price hits, but many other SS Rolex and Nautilus pieces rose on the back of the lack of availability.
This is not rocket science and anyone who suggests it can't happen and that buying at 2 to 3 times retail for current models is safe money is very much mistaken. As they say, buyer beware.