Will 'Hulk' grey market prices drop after Baselworld 2019?

[Ucsd626]

Originally Posted by eco8gator

I bet Rolex will discontinue the Batman and Hulk instead of making a modern version if both...prices will skyrocket.

I’m leaning towards this prediction but I think there may be a ss smurf on the horizon


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[Old Geezer]

Originally Posted by eco8gator

I bet Rolex will discontinue the Batman and Hulk instead of making a modern version if both...prices will skyrocket.

I love the two I got but if prices went stupid crazy, I could see clearing them out and moving to a DD for small additional investment while keeping my 16610, SD43, TT GMTc and Daytona C. Wishful thinking

[Nairn1980]

Originally Posted by lunatoon

I am wondering if the grey market will implode if the watch is updated to include the latest 72 hour power reserve movement next year which is very likely?

No one knows....it’ll be interesting to see.
I think hulk and batman will continue to hold really really strong.

[Nairn1980]

Originally Posted by Rocket launcher

I predict bubble Burst and some persons will loose around 2k down from 9 to £7000
Same goes for the batman ..once the new models come out the older model will become so oooh last year....
Hope so would love to see the greys lose out and the fools who pay well over cost for what is a second hand watch

hell will freeze over first before they drop to £7k grey.....and they’re pretty much £10k grey now.

[rominvicta]

That is called wishful thinking. First of all nobody knows when will 116610 be updated. I am pretty much sure that won’t happen at Basel 2019. More likely in 2019 we shall get an update of 116710. And Sub will follow suit in at least a couple of years. Secondly again nobody knows whether 116610LV will keep on its existance in the present combination of dial and bezel. Chances are slim. Otherwise 116610LV would have been the same as 16610LV. Thirdly price of future Sub will surely be increased with somewhat between 10 and 30%. Having in mind that Rolex will persist in its policy of making the brand at the top of desirability i am sure everyone will reasoanbly agree that your assumptions are entirely adrift from what we may expect.

[lolo1972sg]

Originally Posted by rominvicta

That is called wishful thinking. First of all nobody knows when will 116610 be updated. I am pretty much sure that won’t happen at Basel 2019. More likely in 2019 we shall get an update of 116710. And Sub will follow suit in at least a couple of years. Secondly again nobody knows whether 116610LV will keep on its existance in the present combination of dial and bezel. Chances are slim. Otherwise 116610LV would have been the same as 16610LV. Thirdly price of future Sub will surely be increased with somewhat between 10 and 30%. Having in mind that Rolex will persist in its policy of making the brand at the top of desirability i am sure everyone will reasoanbly agree that your assumptions are entirely adrift from what we may expect.

I sort of agree that prices of these will just go up, not down. And I think it will take a big world depression to get the current Rolex prices to come down by 10-20%.

[joli160]

Originally Posted by exador

You obviously haven’t been following the prices of 16710 with 3186 movements...

https://www.rolexforums.com/showthread.php?t=631769

Combination of last series 16710 prior the 116710, with a different stick dial is the bigger factor. The 3185 vs 3186 makes zero difference in other watches

[jimcameron]

Originally Posted by antoflo

I dont think so. People will still love the Hulk no matter the movement inside.

Their popularity has increased substantially since they were first introduced.

[tyler1980]

Originally Posted by jimcameron

Their popularity has increased substantially since they were first introduced.

true, but IMO popularity has increased more due to the market than a genuine, organic rise in popularity. Guilty as charged. Last year i passed on one sitting in an AD display case in Houston. Now i want one. I would be lying if i said the fact its hard to get didn't make it more attractive. Not because of resale potential, but because its a challenge.

[AK797]

Originally Posted by Rocket launcher

I predict bubble Burst and some persons will loose around 2k down from 9 to £7000
Same goes for the batman ..once the new models come out the older model will become so oooh last year....
Hope so would love to see the greys lose out and the fools who pay well over cost for what is a second hand watch

Bubble in a watch market can't burst like a stock market, it will maybe take a piercing and gradually deflate, as the watch market is inefficient and illiquid and run by a cartel of greys who will take their sweet time cutting prices and thus their profit margins. Their spreads will actually widen initially as greys look to bid less while trying to keep their asking prices high, so you will probably be best off with private dealing before the new market norm emerges.

[1William]

The 72 hour reserve will not significantly move the market. If you want a Hulk they are there. It is just what you will have to pay.

[Xerxes77]

Originally Posted by lunatoon

I am wondering if the grey market will implode if the watch is updated to include the latest 72 hour power reserve movement next year which is very likely?

Sure NO

[scombs263]

I don't see them dropping anytime soon. Get now, before they go even higher.

[Uggi]

Originally Posted by lunatoon

I am wondering if the grey market will implode if the watch is updated to include the latest 72 hour power reserve movement next year which is very likely?

Personally I very much doubt the grey market will implode due to some extra hours in the power reserve.

[Reinhard in SA]

Originally Posted by eco8gator

I bet Rolex will discontinue the Batman and Hulk instead of making a modern version if both...prices will skyrocket.

This.

[AK797]

Originally Posted by Uggi

Personally I very much doubt the grey market will implode due to some extra hours in the power reserve.

If anything greys will spin it as a now discontinued and therefore super rare model and will look to raise prices. Any excuse.

[watchwatcher]

Depends. The biggest factors on moving the needle are going to be the availability of the watch and/or if some major change is made to it @ Baselworld. FWIW, I don't see an updated movement by itself making a whole lot of difference. (OK, that's a purely subjective opinion. I should say it wouldn't make any difference to me.)

And if something major does occur, I wouldn't look at the prices to necessarily drop, either. I remember discussions here about the pre-ceramic Daytona prices that would go in the toilet if a ceramic version was ever released. Hmm...let's see how that turned out..

EDIT: Just saw Neil's response above. Nailed it.

[envuks]

Speculators will speculate....

[Ravager135]

I don't think much will change from a cost perspective. The inflated costs are (in my opinion) entirely due to perception of demand. As long as Rolex keeps doing whatever it is they are doing, the cost will remain high if it is tricky to get. I walked into an AD a year and half ago and bought one on a whim. You cannot do that today. It wasn't like something dramatically changed about the reference other than its availability.

If Rolex is going to update the Submariner with a new movement, I can't see them changing much aesthetically. The only way I see the LV price coming down (if availability isn't changed) would be if Rolex dramatically changes the case of the Submariner into a "superior" design from the consumer standpoint and older models are viewed as less ideal in some way. Then again, older models become more collectible because they are no longer produced. Who knows?

[Manu74]

Originally Posted by eco8gator

I bet Rolex will discontinue the Batman and Hulk instead of making a modern version if both...prices will skyrocket.

This!