When do you think secondary market prices will bottom out?

[ErichKeane]

Originally Posted by rushca01

Full set minus white hang tag 116710 BLNR dated 2020 just sold on Moda for 10,600.

Wow! I'm seeing a handful of BLNRs in mid-12k range these days. In December I picked up a 21x Polar Explorer II for ~$9k and a BLNR for ~$13.5k, and both were 'best deals I'd seen in a while & since', but now I'm seeing 'better for cheaper' in a few places (both at that price 'could use' a service).

That said, I'm glad to see it! I just wish a BLRO would get cheap enough to add into my watch case!

[rushca01]

Originally Posted by ErichKeane

Wow! I'm seeing a handful of BLNRs in mid-12k range these days. In December I picked up a 21x Polar Explorer II for ~$9k and a BLNR for ~$13.5k, and both were 'best deals I'd seen in a while & since', but now I'm seeing 'better for cheaper' in a few places (both at that price 'could use' a service).

That said, I'm glad to see it! I just wish a BLRO would get cheap enough to add into my watch case!

I’m right there with you…I just my 116710 BLNR December 2013 COMPLETE set unpolished for 13.7…I almost bid on this one just because. Kind of hoping a 116610 hulk comes up…

[messikens]

Originally Posted by GGGMT

Watch market bottomed out last Tuesday


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That joke never gets old does it

[GGGMT]

Originally Posted by messikens

That joke never gets old does it

It just Never does!


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[messikens]

Going to take this opportunity to ask for a few latest price decrease quotes and hope some connected folks can help me out (without shutting this thread down):

26393QT
26240 blue / black

What are the latest and greatest quotes you're seeing?

[Vince_76]

26240 Black is in the low to mid 40s and blue in the high 40s

[messikens]

Thank you sir!

Maybe this thread stays open a bit longer... Any 26393 news as well?

[offrdmania]

Its not going to bottom out as long as dealers are stuck with pieces that they paid too much for and are unwilling to take the hit. They will keep inflating the prices by selling the watches to other dealers on credit at the inflated price in order to show that they are still selling at higher prices. These watches never actually sell but just move from one dealer to another. They are hoping that if the consumer sees that these watches are being moved at the higher price then maybe other watches in their inventory will sell to unsuspecting consumers at the higher price. Its called price manipulation.

[Vince_76]

Originally Posted by messikens

Thank you sir!

Maybe this thread stays open a bit longer... Any 26393 news as well?

Mint fullset marked as sold at $29.5k

Originally Posted by offrdmania

Its not going to bottom out as long as dealers are stuck with pieces that they paid too much for and are unwilling to take the hit. They will keep inflating the prices by selling the watches to other dealers on credit at the inflated price in order to show that they are still selling at higher prices. These watches never actually sell but just move from one dealer to another. They are hoping that if the consumer sees that these watches are being moved at the higher price then maybe other watches in their inventory will sell to unsuspecting consumers at the higher price. It’s called price manipulation.

Yeah, a lot of price manipulation going on. Only thing I’d add is that the buck has to stop somewhere - debt will come due, and liquidity will be needed by dealers. When that is, who knows