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Gold Crown · 12 April 2020, 03:17 AM

I have been price watching and im seeing a sudden increase in gray market Explorer-2 prices some as high as $10K ??? Is this the next big one to watch?

example https://www.ebay.com/itm/Used-Rolex-...c2420e969ca555

RTG · 12 April 2020, 03:21 AM

What I have heard from authorized dealers is that they haven’t received many in the last year.

subtona · 12 April 2020, 03:27 AM

Great watch.

iliketime · 12 April 2020, 03:46 AM

16570s have been discontinued for some time so its not out of the ordinary to see them rise.

BogdanS · 12 April 2020, 03:59 AM

Quote:

Originally Posted by Gold Crown

I have been price watching and im seeing a sudden increase in gray market Explorer-2 prices some as high as $10K ??? Is this the next big one to watch?

I’m also watching the price and sales behaviour of 216570 EXPLORER 2 (on C24 with filter to EUROPE only, price ascending and up to 8000€ top) and can say that in the last week, out of the 39 pieces watched, 3 have been sold (two of the cheapest ones - listed in the 7000€ zone and another one originally listed at 7800€) and a couple more became unvailable. Another 2 or 3 pieces have seen price drops of 300 or even 500€.

My guess is that the watch moves on the Market at 7000 to 7500€, depending on few other filtering options: full set, etc.
In Romania the watch is quoted at 7800€ to 8000€ at AD so this makes it the only sport SS model available at lower prices on second wrist Market than AD, an “inversed premium”.

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WatchThinker · 12 April 2020, 05:10 AM

Quote:

Originally Posted by RTG

What I have heard from authorized dealers is that they haven’t received many in the last year.

I heard the same thing. I'm quite interested in an Exp II Polar or an Exp I - and my AD told me that they haven't seen any in a very long time. A few months ago she had an Exp II black dial - but that was the first one she'd seen in forever.

I think the Exp II Polar White is a unique, beautiful, and somehow unassuming watch. Rare.

ganiccus · 12 April 2020, 05:21 AM

increased demand for the Explorer II caused by people not willing to pay the ridiculous premiums on the GMT Master II. just a much better value proposition overall, both at retail and on the secondary market.

landroverking · 12 April 2020, 05:50 AM

Quote:

Originally Posted by ganiccus

increased demand for the explorer ii caused by people not willing to pay the ridiculous premiums on the gmt master ii. Just a much better value proposition overall, both at retail and on the secondary market.

x2

drblowfin · 12 April 2020, 05:58 AM

It’s not so long ago that the 6 digits were in most UK AD windows. I turned down many opportunities as I wanted a GMT Master, but after trying one on, changed my mind and bought an Explorer 1 instead.
Perhaps the 5 digit would have been just right, never tried one, maybe someday!

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GGGMT · 12 April 2020, 02:16 PM

Quote:

Originally Posted by landroverking

x2

X3

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GGGMT · 12 April 2020, 02:16 PM

Quote:

Originally Posted by drblowfin

It’s not so long ago that the 6 digits were in most UK AD windows. I turned down many opportunities as I wanted a GMT Master, but after trying one on, changed my mind and bought an Explorer 1 instead.
Perhaps the 5 digit would have been just right, never tried one, maybe someday!

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5 digit is sick

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peterpl · 12 April 2020, 04:08 PM

No man no.

These things are dropping not increasing. WTF. LOL

Ihatecheese · 12 April 2020, 04:41 PM

They are dropping now, but previous to the covid horribleness they were rising as folks switched over to the other Rolex watches, once the popular models were out of stock. Same with all the less popular models.
Time to offload your stock if you need to pay your business rates/rent with no customers!

kpinthebay · 13 April 2020, 01:08 AM

Quote:

Originally Posted by GGGMT

5 digit is sick

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So sick

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Danny83 · 13 April 2020, 01:10 AM

Probably because it was still a good deal

watchmework · 13 April 2020, 01:12 AM

Plenty of Exp II's for 7-9k on the grey market...just have to look around.

GGGMT · 13 April 2020, 01:35 AM

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enjoythemusic · 13 April 2020, 01:47 AM

Personally don't care about pricing, will say it is an exceptional timepiece. Solid movement, easy-to-read dial, and the lume lasts a looooong time. Typical Rolex excellent durability. Highly recommended!

faimag · 13 April 2020, 01:50 AM

The 5-digit 16570 is an excellent reference and until recently quite reasonably priced.

Greg 59 · 13 April 2020, 01:55 AM

It's a very underrated watch. As GMT watches go it's one of the nicest. A brilliant movement, clean dial, a date function, gorgeous bracelet with easylink extension, awesome lume, and it's a Rolex . Of course it isn't dropping in value.

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Dyim · 13 April 2020, 02:33 AM

Just wait until they come out with the new one with ceramic bezel, watch the price then.

Maybe a grey bezel..

djyolky · 13 April 2020, 02:46 AM

Quote:

Originally Posted by GGGMT

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Cool pic man, where's this?

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Bladeshot · 13 April 2020, 03:06 AM

Prices are falling a little, not increasing, at the moment.

It’s a great piece, the 42mm Ref 216570. The discontinued 16570 is a favorite of mine, with the 40mm case size.

GGGMT · 13 April 2020, 03:41 AM

Quote:

Originally Posted by djyolky

Cool pic man, where's this?

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Thks man! Water taxi in Guatemala.

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Mifune · 13 April 2020, 03:43 AM

seems like there is NO SHORTAGE for any explorer model... whether ex1 or ex2.

I am not sure where you're seeing a significant 'rise' in valuation at.

77T · 13 April 2020, 03:59 AM

Quote:

Originally Posted by Mifune

seems like there is NO SHORTAGE for any explorer model... whether ex1 or ex2.

I am not sure where you're seeing a significant 'rise' in valuation at.

Some BNIB Expl. II’s have been offered FS in TRF listings and sold near the $9K mark. $8350 is MSRP.

I’ve noticed it like the OP commented. Just do some research.

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Pauln · 13 April 2020, 04:04 AM

I wouldn’t be surprised if the current Exp 2 gets discontinued. One of the only references that didn’t get a price hike.

Tools · 13 April 2020, 04:04 AM

Historically, discontinued Explorer II's are one of the more expensive models you can find.

Rising prices is nothing new.

Boaters · 13 April 2020, 04:07 AM

They are an awesome piece.

chloebear · 13 April 2020, 04:35 AM

If you consider the big 3 (Sub, GMT and Daytona) are pretty hard to come by. Of the remaining Rolex sports models, it's the closest to those models. It has the professional bezel and 24 hour hand of the GMT, same basic dial layout and date as the Sub and GMT and it's the only sub $10,000 Rolex you can get at 42mm. In fact if it were a Tudor it would be in the Black Bay line as the BB Steel. It's also just a damn cool watch in two distinctly different colors.

12 April 2020, 03:17 AM	#1
Gold Crown Banned Join Date: May 2009 Real Name: Ross Location: Chicago Area Watch: 6265 18K Daytona Posts: 928	Why are Explorer 2 Prices Suddenly on The Rise? I have been price watching and im seeing a sudden increase in gray market Explorer-2 prices some as high as $10K ??? Is this the next big one to watch? example https://www.ebay.com/itm/Used-Rolex-...c2420e969ca555

12 April 2020, 03:21 AM	#2
RTG 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jan 2018 Location: USA Watch: YM42 Ti Posts: 2,487	What I have heard from authorized dealers is that they haven’t received many in the last year. __________________ Official Member "WIS-CON" Las Vegas International GTG 2019

12 April 2020, 03:27 AM	#3
subtona "TRF" Member Join Date: Jan 2011 Real Name: gus Location: East Coast Watch: APK & sometimes Y Posts: 26,044	Great watch. __________________

12 April 2020, 05:58 AM	#9
drblowfin "TRF" Member Join Date: Feb 2018 Location: UK Posts: 98	Why are Explorer 2 Prices Suddenly on The Rise? It’s not so long ago that the 6 digits were in most UK AD windows. I turned down many opportunities as I wanted a GMT Master, but after trying one on, changed my mind and bought an Explorer 1 instead. Perhaps the 5 digit would have been just right, never tried one, maybe someday! Sent from my iPhone using Tapatalk

13 April 2020, 01:47 AM	#18
enjoythemusic 2024 Pledge Member Join Date: Nov 2012 Real Name: Steven Location: Glocal Posts: 19,698	Personally don't care about pricing, will say it is an exceptional timepiece. Solid movement, easy-to-read dial, and the lume lasts a looooong time. Typical Rolex excellent durability. Highly recommended! __________________ __________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory.

12 April 2020, 03:46 AM	#4
iliketime "TRF" Member Join Date: Feb 2016 Real Name: Jack Location: NYC Watch: 16570, 16710 Posts: 1,534	16570s have been discontinued for some time so its not out of the ordinary to see them rise.

12 April 2020, 05:21 AM	#7
ganiccus Banned Join Date: Oct 2019 Location: QC, CA Watch: Exp II Posts: 457	increased demand for the Explorer II caused by people not willing to pay the ridiculous premiums on the GMT Master II. just a much better value proposition overall, both at retail and on the secondary market.

12 April 2020, 04:08 PM	#12
peterpl Banned Join Date: Aug 2012 Location: . Posts: 6,692	No man no. These things are dropping not increasing. WTF. LOL

12 April 2020, 04:41 PM	#13
Ihatecheese Banned Join Date: Dec 2019 Location: London Posts: 978	They are dropping now, but previous to the covid horribleness they were rising as folks switched over to the other Rolex watches, once the popular models were out of stock. Same with all the less popular models. Time to offload your stock if you need to pay your business rates/rent with no customers!

13 April 2020, 01:10 AM	#15
Danny83 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2013 Real Name: Danny Location: Bay Area CA Watch: Yellow Gold Posts: 20,185	Probably because it was still a good deal

13 April 2020, 01:12 AM	#16
watchmework "TRF" Member Join Date: Jun 2017 Location: DC Watch: 126710BLRO, 116600 Posts: 7,869	Plenty of Exp II's for 7-9k on the grey market...just have to look around.

13 April 2020, 01:35 AM	#17
GGGMT 2024 Pledge Member Join Date: Aug 2013 Location: Itinerant Watch: 79010sg Posts: 8,125	Sent from my iPhone using Tapatalk

13 April 2020, 01:50 AM	#19
faimag "TRF" Member Join Date: Feb 2016 Location: US, SG, DK, GR Watch: Reverso Posts: 3,074	The 5-digit 16570 is an excellent reference and until recently quite reasonably priced.

13 April 2020, 01:55 AM	#20
Greg 59 "TRF" Member Join Date: Dec 2018 Location: Australia Posts: 876	It's a very underrated watch. As GMT watches go it's one of the nicest. A brilliant movement, clean dial, a date function, gorgeous bracelet with easylink extension, awesome lume, and it's a Rolex . Of course it isn't dropping in value. Sent from my SM-G960F using Tapatalk

13 April 2020, 02:33 AM	#21
Dyim "TRF" Member Join Date: Oct 2014 Location: Canada Posts: 2,231	Just wait until they come out with the new one with ceramic bezel, watch the price then. Maybe a grey bezel..

13 April 2020, 03:06 AM	#23
Bladeshot 2024 ROLEX DATEJUST41 Pledge Member Join Date: Nov 2015 Real Name: Grant Location: U.S. Watch: GMT 1675 PCG Gilt Posts: 5,737	Prices are falling a little, not increasing, at the moment. It’s a great piece, the 42mm Ref 216570. The discontinued 16570 is a favorite of mine, with the 40mm case size. __________________ Just another WIS who loves to trade...

13 April 2020, 03:43 AM	#25
Mifune Banned Join Date: Apr 2020 Location: here AND there... Posts: 2,240	seems like there is NO SHORTAGE for any explorer model... whether ex1 or ex2. I am not sure where you're seeing a significant 'rise' in valuation at.

13 April 2020, 04:04 AM	#27
Pauln "TRF" Member Join Date: Jan 2018 Real Name: Paul Location: Colorado Watch: Explorer Posts: 1,543	I wouldn’t be surprised if the current Exp 2 gets discontinued. One of the only references that didn’t get a price hike.

13 April 2020, 04:04 AM	#28
Tools TRF Moderator & 2024 DATE-JUST41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,140	Historically, discontinued Explorer II's are one of the more expensive models you can find. Rising prices is nothing new. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

13 April 2020, 04:07 AM	#29
Boaters 2024 Pledge Member Join Date: May 2015 Real Name: Mike Location: Pacific Northwest Watch: 116610LV 16710 SD Posts: 10,649	They are an awesome piece.

13 April 2020, 04:35 AM	#30
chloebear Banned Join Date: Mar 2014 Real Name: Mike Location: USA Watch: Explorer Posts: 2,902	If you consider the big 3 (Sub, GMT and Daytona) are pretty hard to come by. Of the remaining Rolex sports models, it's the closest to those models. It has the professional bezel and 24 hour hand of the GMT, same basic dial layout and date as the Sub and GMT and it's the only sub $10,000 Rolex you can get at 42mm. In fact if it were a Tudor it would be in the Black Bay line as the BB Steel. It's also just a damn cool watch in two distinctly different colors.

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