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11 May 2022, 09:37 PM | #61 |
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No there was a time when that piece was pretty hyped up and selling over retail for a while. It’s still pretty popular and sells quickly in the boutiques. But I agree with what you’re saying overall.
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11 May 2022, 09:44 PM | #62 |
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The question is: When will we know when things are back to “normal.” My definition of normal is when you can walk into an AD and there is a selection of watches to buy in the AD’s showcase. Right now Rolex watches in the showcase are either non-existent or Exhibition models, which are not for sale.
If and when this occurs, then you will know the game is over for the grey dealers gouging us for watches because then we can buy at MSRP. When will this occur? We will have to stand-bye. |
11 May 2022, 10:04 PM | #63 |
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Who knows what will happen, I would love to walk into an AD and either buy or order the watch of my choosing. The past 5 or 6 years, in life in general has taught me everything I thought I knew for certain can be turned on its head, so again, who knows...
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11 May 2022, 10:15 PM | #64 | |
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11 May 2022, 10:30 PM | #65 | |
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It's happening....
Quote:
That’s important, a reference point. Without one, all talk of corrections and price increases are quite meaningless and all debate will be at cross purposes. My idea of normal, which is based on my own entry point into the brand is when everything apart from a select few references can be obtained at an AD without excessive hassle (read relationship or bundling). The excessive demand of the past year has abated somewhat and should continue to until the ‘new’ normal where it isn’t impossible for a new customer to get a DJ, but the usual hot references will still be reserved for ‘preferred’ customers. A lot depends on economic conditions that will play out over the next year or so though. Rolex is no longer … just a watch. Sent from my iPhone using Tapatalk |
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11 May 2022, 10:35 PM | #66 |
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Interesting that there are not 41mm DJs included in their sale.
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11 May 2022, 10:45 PM | #67 | |
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Well that may be a bit of a stretch but it sure would make deciding on whether I pick up a No Date Sub or a GMT a much easier decision. I’d buy both!! https://www.rolexforums.com/showthre...ghlight=114060 https://www.rolexforums.com/showthre...ght=116710BLNR Sent from my iPad using Tapatalk |
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11 May 2022, 10:45 PM | #68 |
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Inflation was at its peak last month, will start to come down and so will the price of aftermarket Rolex.
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11 May 2022, 10:56 PM | #69 | |
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11 May 2022, 11:22 PM | #70 | |
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Bret We are somewhat vets to TRF and my only point in that comment is with all these market adjustments, people dropping prices, people talking market gloom and doom, which I think we still have a long way to go before that happens was in reference to one watch. A 13 year old 116505 for basically $85k. I’m sorry that just nuts. It’s like the website is somewhat desperate to move inventory with bundles etc but wait lets slide this piece in at a ridiculous price that I’d imagine even someone with money to burn wouldn’t pay. Quite a few Greys have BNIB 505’s for 10k less. Much less a 2010 probably watch only. Is that dial discontinued? Even if so still bonkers. I only stumbled upon there recent tactics from this thread granted I’m familiar with there site and just IMO thought why in the hell would they do that on that one reference. Well as you stated they can and someone might pay it. Ok. Fine. Just looks as they’re desperate but yet still pricing insane. I’d like to think you’d want some type of uniformity. Sent from my iPhone using Tapatalk
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11 May 2022, 11:24 PM | #71 |
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The ADs may also break, but their habits will probably be slower to change (like Grey's lowering prices). People watching prices plummet and know they can't exit at break-even (with tax) or a profit, may think twice about buying in the first place.
More so for buyers using credit / borrowed money to do it prior. You usually don't see a rush of buyers come in when things are crashing - people tend to spectate.
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11 May 2022, 11:51 PM | #72 | |
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They have gotten used to all this and as long as they retain all the power meaning actual watches it will be a very very very very very slow roll out in any change. Had a buddy tell me he was told that a SD43 is as rare and as tough to get as PM pieces. SD43 really? So with that type of talk being told, less and less A D's, and on and on we have a long waaaaaaay to go. IMO we will never ever ever ever see a point in time when Greys arent needed. Thats just the facts for some buyers. The only question is for how much over and does it make sense. Case in point if I were after a YG DD and found one BNIB for mid to low 40's considering the tax factor I'd be all over that IF I COULD NOT get one from my A D. However lets revisit this thread and the dozens just like it in 6 months or so
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12 May 2022, 12:00 AM | #73 | |
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12 May 2022, 12:01 AM | #74 |
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This is why I buy older stuff 16610V & 14060.
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12 May 2022, 12:07 AM | #75 | |
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12 May 2022, 12:12 AM | #76 | |
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12 May 2022, 12:16 AM | #77 |
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Perhaps we should put those evil business people in prison for manipulating a market you happen to fancy eh comrade? Maybe you could name some other hobbies or interests you have where you believe the market should not be the determining factor as to pricing. Maybe we could get Congress to pass legislation putting you in charge of setting the prices in the watch market Could get interesting.
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Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
12 May 2022, 12:17 AM | #78 | |
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And yes I also agree with Greys. I have bought from them in the past when it was IMO silly not to and also when I had no other choice other than giving up so I am sure at "some point" I will do it again. But ONLY if pricing is inline with MSRP plus tax. Maybe a small premium on top. Maybe. I have completed my Everose hat trick and I really dont have anymore itches to scratch. Well at least not any that involve me paying 50k and up for a 505. I already have my 515 so the 505 can sit on the back burner per se while I get old and wait Lastly Nick I just dont see a point in time in the future when the Rolex mania cools off enough where A D's have no one coming in inquiring. Thus inventory will always be low and demand SKY HIGH according to the A D. Its obviously in there best interest to keep this money train rolling by manipulating reality. But we can all hope right?
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12 May 2022, 12:24 AM | #79 | |
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12 May 2022, 12:25 AM | #80 | |
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12 May 2022, 12:29 AM | #81 |
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Let me help you out with this.
Unethical behavior = actions taking by others that rolex16 disagrees with. There you go bro. That should clear up everything for you.
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Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
12 May 2022, 12:32 AM | #82 | |
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We are on the same channel. I'm in agreement with you on the Grey market. Well to a certain point. Not ALL are bad or the big bad evil in our hobby. I dont ever remember reading or hearing people complain when they were selling thousands "under" MSRP. Some Greys just adapt and roll with the market better. I mentioned a few posts above that I have went Grey and a will probably do so in the future. Well maybe-See that comment If we were in circa pre 2014-2015 you'd never read a bad word word about Greys but "some" have been bad to our hobby as of the recent Rolex madness the last 6 years or so. But thats to be expected when we have new Grey sellers/wannabe watch dealers popping up left and right. I remember for me when the core group was made up of David, Oscar, Tony, Patrick, and Than. I have bought from all 5. Some experiences better than others. But now look...................... Therein lies the problem IMO
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12 May 2022, 12:35 AM | #83 |
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More like any reasonable and ethical person would disagree with. But keep going with the personal attacks. That’s what people that have no real argument to make do.
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12 May 2022, 12:38 AM | #84 |
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It's happening ...wearing more and more of my other brands .
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12 May 2022, 12:42 AM | #85 |
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There is no personal attack by anything I wrote. You’re the one attacking members of this forum who are trusted sellers and have been selling watches to other members for two decades just about. You were calling them all unethical business people because you’re unhappy with the market prices. Your anger with me is because I disagree with you. Nothing personal about that. Perhaps you should stop insulting our trusted sellers here? Just a thought.
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Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
12 May 2022, 12:45 AM | #86 | |
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Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
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12 May 2022, 12:46 AM | #87 | |
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12 May 2022, 12:48 AM | #88 |
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Going grey me thousands on my wife’s YG Datejust. Nothing out there I want bad enough to pay more than MSRP.
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12 May 2022, 12:48 AM | #89 |
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12 May 2022, 12:51 AM | #90 | |
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Crypto is also down 20%? in the last two weeks. Looks like the secondary money markets are all doing the same thing. |
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