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-   -   Prices Dropping Hard?? (https://www.rolexforums.com/showthread.php?t=693143)

DasKptl 19 August 2019 10:08 AM

Prices Dropping Hard??
 
Is this YouTuber reliable as a source of info?:









:cheers:

Etschell 19 August 2019 10:10 AM

Lol. Eric is a nice guy but does he know all. Heck no. It is speculation.

Wcdhtwn 19 August 2019 10:13 AM

“Prices dropping, hard to believe” maybe.

Steerpike999 19 August 2019 10:20 AM

Youtuber and reliable
:chuckle::chuckle::chuckle::chuckle::chuckle:

sillo38 19 August 2019 10:23 AM

Clickbait

watchmework 19 August 2019 10:24 AM

This was posted a couple days ago fyi.

ltmgeller 19 August 2019 10:35 AM

It's all best guess.

huncho 19 August 2019 10:35 AM

Quote:

Originally Posted by Steerpike999 (Post 9909767)
Youtuber and reliable
:chuckle::chuckle::chuckle::chuckle::chuckle:

he's not a youtuber though lol

GB-man 19 August 2019 10:46 AM

Whenever I see this guy I think of the video of him with the Latin America AP RO PC “it’s a heavy hittah”

I think the information is reasonably valuable for the uniformed. He’s really only regurgitating what we already know here.

MTdweller 19 August 2019 10:49 AM

If he is seeing some watch prices soften, why should we not believe him? This hype-fueled Rolex price rocket is bound to lose some momentum eventually.

RX0 19 August 2019 10:51 AM

Back to late 2017, you can search YouTube and tons of young kids telling you to invest in this and that coin and you can make a lot of money. How true is their recommendation? The current price of all these coins indicate how accurate these recommendation. Watch is not for investing and it is for enjoyment.

Wmrcer 19 August 2019 10:53 AM

All you have to do is go look at the classifieds here. Jubilee Batman’s were $20,000, now 16-17k range. Oyster Batman’s were 15-16k, now getting to the 13k range. Two tone subs and gmts going for under retail. I’ve been following for awhile now, and it does appear there are more stainless models hitting the ad’s. Thought it was crazy how these were going so much over retail. Glad though and just in time, getting close to my 30th birthday.

illiguy 19 August 2019 10:56 AM

Quote:

Originally Posted by Wmrcer (Post 9909851)
All you have to do is go look at the classifieds here. Jubilee Batmanís were $20,000, now 16-17k range. Oyster Batmanís were 15-16k, now getting to the 13k range. Two tone subs and gmts going for under retail. Iíve been following for awhile now, and it does appear there are more stainless models hitting the adís. Thought it was crazy how these were going so much over retail. Glad though and just in time, getting close to my 30th birthday.

What about the 114060 that's listed for over $9.5k? I don't think we can extrapolate based on small sample size.

Steerpike999 19 August 2019 10:59 AM

Quote:

Originally Posted by huncho (Post 9909807)
he's not a youtuber though lol

Referring to the OPs question and use of the words Youtuber and reliable Don't know who this person is but posting on youtube about Rolex price predictions :rofl:
Have a nice day:cheers:

Andresm17 19 August 2019 11:01 AM

I do believe that the prices have been dipping slightly from where they were a couple of months ago. However, prices fluctuate on the seasons and are likely to go back to what they were. Also, the economy plays a big role. I don’t think the recent downtrend is anything to read into.

RobearH 19 August 2019 11:04 AM

Since when did Rolex release a green dial 2tone GMT?

peterpl 19 August 2019 11:09 AM

He is a big gray dealer. He would know better than most of us - he is at the very front line of the market.

Wmrcer 19 August 2019 11:15 AM

Quote:

Originally Posted by illiguy (Post 9909855)
What about the 114060 that's listed for over $9.5k? I don't think we can extrapolate based on small sample size.

There’s one listed that started at $9,200 and now down to $8,800 and presumably unsold. Still over retail but down. 116610’s a couple months ago were in the 12k range now in the 10k range. If a rookie in the Rolex game, but from my perspective prices are coming down.

Rocketman39 19 August 2019 11:26 AM

Take a look at World events. The Chinese economy is being affected by high US tariffs. What's going on in Hong Kong? If the Chinese buyer stops grabbing up Rolex's. Those Watches will begin to show up at Your Local AD. Then What? Just Sayin. I have what I want. Here's Hoping You do too.:cheers:

brandrea 19 August 2019 11:29 AM

I find him irksome ... to each their own.

Muxi 19 August 2019 12:01 PM

He seems like a nice guy when you overcome the swagger.

Fat_ninja 19 August 2019 12:02 PM

I like watching him...he’s a grey dealer. Just telling us what he’s seeing.

kdqq 19 August 2019 12:13 PM

Its already shown in the market prices.. Check out the Hulk... last month was asking 16K.
Now you see them at $14k

640alex 19 August 2019 12:14 PM

Heís not my style but I agree with him on prices dropping. Like some have mentioned the prices in the classifieds are lower than last year and many seem to have endless amounts of bump post. Not very scientific but Iím sure if I cared enough to compile the data I could prove my theory.

dnpina 19 August 2019 12:34 PM

Quote:

Originally Posted by RobearH (Post 9909864)
Since when did Rolex release a green dial 2tone GMT?

That's exactly what I was thinking

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thomaspp 19 August 2019 12:48 PM

This guy is spot on


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EDL7 19 August 2019 01:24 PM

Its not going to take a lot to kick prices down..
World recession on the horizon..
Europe and China/HK in trouble..
Tariffs..nothing but trouble..
I've noticed in my business..spending is down for 3rd Qtr..
People are holding onto their cash..
Bottom line..no one needs a Rolex..
When the S*** hits the fan..look for deals..
If you want to spend the dough..
Which you probably wont..lol..

epicurus 19 August 2019 01:51 PM

thats why you buy what you like. period. watches arent meant to be an investment. I couldnt care less what prices are.....if anything, i can add to my collection for less.

ademarco 19 August 2019 02:02 PM

It is funny everyone hoping for a recession to get a watch. They should be focused on adding more income producing assets like real estate, stocks, or expanding their business. Buy what you want or have assets that pay for your wants.


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brandog 19 August 2019 02:05 PM

"pretty much, how is something worth something if no ones buying it".

Enough said


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