How will 2022 releases affect ongoing price correction?

[iw8888]

Price correction started a couple of weeks back, and is probably still happening..

Pandas for instance dropped significantly but seem to have stabilised slightly..
But how will the 2022 releases affect ? Or not?

[RealMadrid1988]

Originally Posted by iw8888

Price correction started a couple of weeks back, and is probably still happening..

Pandas for instance dropped significantly but seem to have stabilised slightly..
But how will the 2022 releases affect ? Or not?

No.

[grimps]

I had a look this morning and all my watches seem to have gone up in value , great eh ?

[Xtralarg]

Originally Posted by grimps

I had a look this morning and all my watches seem to have gone up in value , great eh ?

Based on what? Please don't say chrono24

[daOnlyBG]

Originally Posted by iw8888

Price correction started a couple of weeks back, and is probably still happening..

Pandas for instance dropped significantly but seem to have stabilised slightly..
But how will the 2022 releases affect ? Or not?

Price reversal began a couple months ago, and bottomed out maybe 1-2 weeks ago. They're picking up again.

[aba123]

Originally Posted by iw8888

Price correction started a couple of weeks back, and is probably still happening..

Pandas for instance dropped significantly but seem to have stabilised slightly..
But how will the 2022 releases affect ? Or not?

Recently Fog city vintage listed a panda for 44K, still not sold.

[ronricks]

Prices seem to be ticking back up. I only assume they will continue upward trend once we get closer to summer months.

[Nairn1980]

Originally Posted by Xtralarg

Based on what? Please don't say chrono24

Chrono24 is still the most accurate tool most have. Yes it’s not perfect I agree, but it’s not wildly out in most cases.

[jimcameron]

Says who?

[Blue Fin]

I’d hardly refer to Chrono24 as a tool, they are a business with a vested interest.

[White Collar Boy]

I only get interested in prices when trying to buy a particular watch. That’s when I’ll look at WatchCharts for a quick snapshot of averages, asking prices, and cleared sales.

Apart from eBay and Chrono24, how do others gauge prices? And how reliable is the data?

[Manamana]

Steel Daytona down, Green Daytona down, Hulk up, Pepsi down, depends on reference.

[Srct]

There is along way for prices to go before this crazy market corrects - I doubt it ever will

[sathwik]

I just hope the seriously ridiculous price hike of platona is corrected and goes back to oct/nov 21 prices. Lot of people speculated it would discontinue and drove up the price like crazy. Really looking forward to adding one at a more realistic price!

[iw8888]

Originally Posted by Manamana

Steel Daytona down, Green Daytona down, Hulk up, Pepsi down, depends on reference.

Sounds about right, at least in Asia.

I would add that hulk is also coming down slightly.

But I get a sense the correction may be bottoming out..

[RJM25R]

Originally Posted by iw8888

Price correction started a couple of weeks back, and is probably still happening..

Pandas for instance dropped significantly but seem to have stabilised slightly..
But how will the 2022 releases affect ? Or not?

There is no correction, only fluctuations as there Usually is when something major (eg a war in Ukraine) makes people nervous.

[Langnam]

Dang. Every morning I just wear one of my Rolex and start the day.
Imagine that.


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[Xtralarg]

Originally Posted by Nairn1980

Chrono24 is still the most accurate tool most have. Yes it’s not perfect I agree, but it’s not wildly out in most cases.

Ever tried to sell a watch for the chrono price? Expect 30% less on a good day

[1William]

The flat market typically happens as we get close to watch shows and new releases from the big brands. Not knowing what will be released, discontinued or modified puts a lot of buyers on the sideline until everything shakes out. As we move forward I predict, based on prior markets we will see a slight fluctuation in prices and then we will pick back up again. What we have, is what we have. Want a Daytona/Hulk/Pepsi, etc. more than likely it will come from the Grey market. Some will get lucky and get one from an AD but most will not. Just my thoughts.

[iw8888]

Originally Posted by RJM25R

There is no correction, only fluctuations as there Usually is when something major (eg a war in Ukraine) makes people nervous.

not forgetting the China/HK lockdown which caused a stockpile in HK and consequent price slashes

but i do believe it will pick back up - just a matter of when.

[Rolexatlast]

Originally Posted by iw8888

Price correction started a couple of weeks back, and is probably still happening..

Pandas for instance dropped significantly but seem to have stabilised slightly..
But how will the 2022 releases affect ? Or not?

What? There’s been a price crash…?

[iw8888]

Originally Posted by Rolexatlast

What? There’s been a price crash…?

not a crash. but a correction downwards at least in Asia.

[Mathematoxic]

Just keep Panda and don’t sell. Next year is 60th Anniversary for Daytona.

[iw8888]

Originally Posted by Mathematoxic

Just keep Panda and don’t sell. Next year is 60th Anniversary for Daytona.

We all thought Rolex was big on anniversaries..but not quite true.

The 2022 release has shown that they gave no shits about the skydweller’s anniversary 😂

[Sunstreaker]

Originally Posted by iw8888

We all thought Rolex was big on anniversaries..but not quite true.

The 2022 release has shown that they gave no shits about the skydweller’s anniversary 😂

Or the ExpII anniversary LOL

[SS Oyster]

Originally Posted by iw8888

We all thought Rolex was big on anniversaries..but not quite true.

The 2022 release has shown that they gave no shits about the skydweller’s anniversary

Plus, last year Explorer II had its 50th anniversary, but got only a new movement and coronet between Swiss and Made.


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[iw8888]

Yeap exactly..

So lesson learnt that we shouldn’t bang too much on Rolex releasing novel/drastically different anniversary models all the time.

[rambo99]

Originally Posted by iw8888

not a crash. but a correction downwards at least in Asia.

now may be a good time to go Hong Kong and buy some rolexes at bargain prices!

[Mystro]

Originally Posted by iw8888

Price correction started a couple of weeks back, and is probably still happening..

Pandas for instance dropped significantly but seem to have stabilised slightly..
But how will the 2022 releases affect ? Or not?

Where was this at? Pre owned are still selling $53k-$55K by our trusted sellers here on TRF. 2 just sold last week.

[Mystro]

Originally Posted by aba123

Recently Fog city vintage listed a panda for 44K, still not sold.

Dude, that particular watch is whipped. If it was clean I was seriously thinking on buying another at that price but way too good to be true. Other watches that are clean and sold like a Sub41LV are $25.5K cash and right in line with other sellers.