Prices slump by up to 50% for discontinued Rolex watches (Watchpro)

[APWorldTour]

Originally Posted by messikens

Hey Vince or psm - any updates on my 26420 and 26240s on Moda or somewhere else?

Haven't seen many listed recently on TRF and C24 is just frozen at this point. Nothing moving and nothing going down in price

Currently an auction going on for a silver 50th 26240st that ends tonight.

[messikens]

Originally Posted by APWorldTour

Currently an auction going on for a silver 50th 26240st that ends tonight.

Please keep me posted... Not the one that I'd be after but it's a data point regardless... On C24 it's around 53k or more so curious where this lands...

[gordon86]

Anyone following the Phillips, Christies and Sothebys auction results? How is the market faring?

[APWorldTour]

Originally Posted by messikens

Please keep me posted... Not the one that I'd be after but it's a data point regardless... On C24 it's around 53k or more so curious where this lands...

50.8 got the win.

Seems in line with other listings in MODA lately

[APWorldTour]

Another black dial 50th auction now ending tomorrow night.

[APWorldTour]

Originally Posted by APWorldTour

Another black dial 50th auction now ending tomorrow night.

Non 50th black listed at 51k

[Leedslad84]

2023 YG John Mayer full set at £64K UK

[messikens]

Originally Posted by APWorldTour

Non 50th black listed at 51k

Thanks for this.
Surprised that prices are a bit steady at this point... Not much movement either way.

And before GGGMT goes back in this thread - no prices are not rebounding

[buknoy]

Its raining panda in moda. nib ranging 31.5 to 33

[psm11]

TWMID


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[Olive Drab]

Originally Posted by psm11

TWMID


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Who is the opusntime guy and why is he credible? I found the excitement in his videos entertaining.

[psm11]

Originally Posted by Olive Drab

Who is the opusntime guy and why is he credible? I found the excitement in his videos entertaining.

Lol I’m not sure his background but love his videos and how he calls out all the grey dealers for their BS. TWMID!!!


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[Apheaven]

Curious what the platinum president 228206 with glacier blue Roman dial is selling for these days on moda or other group/forums ?




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[buknoy]

Originally Posted by Apheaven

Curious what the platinum president 228206 with glacier blue Roman dial is selling for these days on moda or other group/forums ?




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ranging from 65-68k depending on condition

[buknoy]

Panda daytona went from 34-35k when it was discontinued back in march then now going back to 32-33

[buknoy]

Originally Posted by buknoy

ranging from 65-68k depending on condition

one was sold for 55400 at auction though its different dial

[bay_area_kid]

126710BLNR

Brand new, unworn, May 2023, complete set - $16,800

https://i.imgur.com/QQg4nd6.png

[Steve Epps]

Originally Posted by padi56

This was a forum started mainly for about the history and watches made by the RWC over the past 100 odd years. Now today Rolex watches have become little more than ££$$€€ object things and nothing more. The history of the brand has gone, now its value this or that, and silly nicknames, or worring and fretting over the slightest scratch, or a second or so out of 86400 seconds in a day.

Current management is at fault for the ££$$€€ craziness.

[Etschell]

[RichardBartlett]

Originally Posted by psm11

TWMID


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TBF he has points but he seems a bit weird. Check his comment responses under each video: twit:.

He also takes great pride in inane, childish, quite pathetic personal insults on everyone in the grey industry. Prune face, droopy eyes etc etc (although his disciples seem to lap every insult up tbf) as if that validates his position.
For me it makes him personally rather suspect and extremely untrustworthy for a man of his age .

We all know the market is dropping, and we don't need someone endlessly repeating the same TWMID over and over and over. His videos have about 1-2 minutes of actual content stretched out to 15 or so minutes..

He reminds me of a poor mans Archie Luxury

[psm11]

Originally Posted by RichardBartlett

TBF he has points but he seems a bit weird. Check his comment responses under each video: twit:.

He also takes great pride in inane, childish, quite pathetic personal insults on everyone in the grey industry. Prune face, droopy eyes etc etc (although his disciples seem to lap every insult up tbf) as if that validates his position.
For me it makes him personally rather suspect and extremely untrustworthy for a man of his age .

We all know the market is dropping, and we don't need someone endlessly repeating the same TWMID over and over and over. His videos have about 1-2 minutes of actual content stretched out to 15 or so minutes..

He reminds me of a poor mans Archie Luxury

Yeah I mean some of the insults are a bit much but I think he is going after certain greys (TPG, Paul Thorpe, etc) bc they are all lying through their teeth about the market. I watch his vids mostly for entertainment so I don’t put much stock in anything in the vids.

[Rickkk]

Originally Posted by RichardBartlett

TBF he has points but he seems a bit weird. Check his comment responses under each video: twit:.

He also takes great pride in inane, childish, quite pathetic personal insults on everyone in the grey industry. Prune face, droopy eyes etc etc (although his disciples seem to lap every insult up tbf) as if that validates his position.
For me it makes him personally rather suspect and extremely untrustworthy for a man of his age .

We all know the market is dropping, and we don't need someone endlessly repeating the same TWMID over and over and over. His videos have about 1-2 minutes of actual content stretched out to 15 or so minutes..

He reminds me of a poor mans Archie Luxury

Who doesn’t stretch videos out repeating the same nonsense?

[RichardBartlett]

Originally Posted by Rickkk

Who doesn’t stretch videos out repeating the same nonsense?

whataboutism

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[Andy0331]

Originally Posted by RichardBartlett

TBF he has points but he seems a bit weird. Check his comment responses under each video: twit:.

He also takes great pride in inane, childish, quite pathetic personal insults on everyone in the grey industry. Prune face, droopy eyes etc etc (although his disciples seem to lap every insult up tbf) as if that validates his position.
For me it makes him personally rather suspect and extremely untrustworthy for a man of his age .

We all know the market is dropping, and we don't need someone endlessly repeating the same TWMID over and over and over. His videos have about 1-2 minutes of actual content stretched out to 15 or so minutes..

He reminds me of a poor mans Archie Luxury

I don't really watch much of his stuff, but I'm glad he exists as a counterpoint to the grifter grey dealers that continue to try to push watches as investments. If he saves one person from believing the hype, or signing up for a "watch dealers course", he's doing good work.

[Steve Epps]

Originally Posted by RichardBartlett

TBF he has points but he seems a bit weird. Check his comment responses under each video: twit:.

He also takes great pride in inane, childish, quite pathetic personal insults on everyone in the grey industry. Prune face, droopy eyes etc etc (although his disciples seem to lap every insult up tbf) as if that validates his position.
For me it makes him personally rather suspect and extremely untrustworthy for a man of his age .

We all know the market is dropping, and we don't need someone endlessly repeating the same TWMID over and over and over. His videos have about 1-2 minutes of actual content stretched out to 15 or so minutes..

He reminds me of a poor mans Archie Luxury

There are many garbage collectors who are playing watch gurus

[buknoy]

JM daytona is getting cheaper and cheaper

[dh1]

A datapoint:

At the Christie's Watches Online: The Geneva Edit. AP 14802ST "Jubilee" Jumbo (regular dark dial not salmon) had 1 bid at the starting price: CHF 30,000. I was watching it 2 days out, 1 day out, a few hours out. Still no more bids.

It got a single bid at the starting price and therefore the final price was that + buyer's premium: CHF 37,800. That's like $41k. Meanwhile the lowest seller on Chrono24 is asking ~$85k and most over $100k. Hodinkee shop wants $108.5k.

I was idly thinking about bidding on it because I might like to have a 14802 one day and it feels like a "great deal." However, buying something I probably wasn't itching to buy just because it's cheaper than it was before isn't really saving money... :-)

[kopi-c]

Originally Posted by Steve Epps

There are many garbage collectors who are playing watch gurus

Lol. Some even try to sell courses and teach others how watches are an investment, etc.

[ts3]

Originally Posted by dh1

A datapoint:

At the Christie's Watches Online: The Geneva Edit. AP 14802ST "Jubilee" Jumbo (regular dark dial not salmon) had 1 bid at the starting price: CHF 30,000. I was watching it 2 days out, 1 day out, a few hours out. Still no more bids.

It got a single bid at the starting price and therefore the final price was that + buyer's premium: CHF 37,800. That's like $41k. Meanwhile the lowest seller on Chrono24 is asking ~$85k and most over $100k. Hodinkee shop wants $108.5k.

I was idly thinking about bidding on it because I might like to have a 14802 one day and it feels like a "great deal." However, buying something I probably wasn't itching to buy just because it's cheaper than it was before isn't really saving money... :-)

Very interesting data point but also a crazy outlier from what I can see.

In the same auction a naked 14790 sold for almost as much as that 14802 and, for comparison, a 5712/1A in soso condition still sold for CHF 94.5k.

The result for the 14802 likely reflects (1) its poor condition, (2) its relative obscurity compared to 5402 and 15202, and (3) RO Jumbos having dropped more than most since peak hype (which happened to coincide with the 50th RO anniversary fuss).

[Leedslad84]

Originally Posted by buknoy

JM daytona is getting cheaper and cheaper

Where do we think its going to go? I'm still waiting to pull the trigger... I thought 60K GBP would be as low as it goes for the newer models i.e. the pre-discontinued prices.