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Old 29 October 2019, 01:51 AM   #13
JP.
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Join Date: Feb 2008
Real Name: Juho
Location: Finland
Watch: Submariner 16610
Posts: 1,903
Quote:
Originally Posted by mdx77 View Post
Thanks, what a great article - except one thing...I too have the same K series 16710 originally purchased for @ $5100, including tax. On average this watch can be purchased today for anywhere between $10,500 and $13,000. That’s a 100-150% increase compared to today’s 116710BLRO market price of about 80% over MSRP. In just 2 short years since this article was published, look how much this watch has skyrocketed on the grey market. Only time will tell where this horology roller-coaster will take us!
Yes. It's just 2,5 years when this article was written. The prices started from 6K (euros) back then.

Is it the supply shortage of the 6-digits or what? I don't know. And why just GMT? Why not the Sea-Dweller 16600 which is much rarer and more exclusive "top model"? Strange, especially when 16570 is still relatively cheap.

GMT 16710 was produced in very high numbers. The current asking prices are difficult to understand.
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