ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

EEpro · 2 February 2023, 09:34 AM

Oh geez. I thought we were talking about that naked AP.

Panda shouldn't be anywhere near that. Maybe 29-30 with papers. TS is $31.x.

psm11 · 2 February 2023, 09:34 AM

Quote:

Originally Posted by swaini3

I kind of follow their prices, some are good deals to be honest but I will have to say that the whole world knows daytona prices have corrected and 37.5k for a watch only panda is hard to believe. I feel sorry for the buyer if its true. If Im not mistaken, I recently saw there a box n papers panda sell for 27-28k.

I think you're thinking of a Rolex Panda. The panda we have been talking about recently is a AP RO Panda (26331).

buknoy · 2 February 2023, 09:39 AM

Quote:

Originally Posted by EEpro

Oh geez. I thought we were talking about that naked AP.

Panda shouldn't be anywhere near that. Maybe 29-30 with papers. TS is $31.x.

its the ap. yeah i agree the panda daytona is around 30-33

VogelPhoenix · 2 February 2023, 09:40 AM

Quote:

Originally Posted by swaini3

I really doubt this transaction is real. I think everyone knows you can get a full set for lower.

Curious, where do you see a 26331ST Panda full set for less than $37.5k, all in?

Daytona white dial are curious. Prices on Moda dipped into the high $20k's, but now seem to have bounced up a bit to very low-low $30k for unworn specimens.

psm11 · 2 February 2023, 09:43 AM

Quote:

Originally Posted by VogelPhoenix

Curious, where do you see a 26331ST Panda full set for less than $37.5k, all in?

I think that poster thinks we are talking about a Panda Daytona not an AP.

swaini3 · 2 February 2023, 09:45 AM

Quote:

Originally Posted by psm11

I think that poster thinks we are talking about a Panda Daytona not an AP.

You're right. My bad

I read Panda and thought Rolex. Wasn't paying attention.

Benzsiam · 2 February 2023, 10:25 AM

I think that 26331ST panda at $37.5k seems like a good deal.

The new owner can send to AP for service and light polish, it will come back looks new again.

psm11 · 2 February 2023, 10:32 AM

Quote:

Originally Posted by Benzsiam

I think that 26331ST panda at $37.5k seems like a good deal.

The new owner can send to AP for service and light polish, it will come back looks new again.

It sold for $36.5k so even better deal.

I just got off with a jewelry guy my family uses in NYC and he quoted me $50k for a BNIB 26331 Panda (which I think is way too high). Told him one sold last month in MODA for like $45k and that the market hasn't gotten better but he tried convincing me otherwise and went on about how the model is discontinued and so hard to get (give me a break).

I'd say market price for a used full set 26331 Panda should be about $38k right now. Brand new about $40k.

Was really frustrating seeing his case full of BNIB 16202s, 15510s, and 26240s. Obviously, things have not changed much as far as who gets these pieces.

GGGMT · 2 February 2023, 12:26 PM

Quote:

Originally Posted by psm11

but he tried convincing me otherwise and went on about how the model is discontinued and so hard to get (give me a break).

This was part of the ‘pump’!!

Sent from my iPhone using Tapatalk

Mathematoxic · 2 February 2023, 01:11 PM

With Watches and Wonders hanging along the horizon, dealers are pumping the discontinuation story. They’re best chance to pump and dump those overpaid pieces. So what if a watch got discontinued, life still goes on. There will still be multiples of it being sold in secondary markets.

psm11 · 2 February 2023, 01:23 PM

Quote:

Originally Posted by Mathematoxic

With Watches and Wonders hanging along the horizon, dealers are pumping the discontinuation story. They’re best chance to pump and dump those overpaid pieces. So what if a watch got discontinued, life still goes on. There will still be multiples of it being sold in secondary markets.

Exactly. A 26331 is not a rare piece. There are hundreds if not more out there. The way my guy talked, you’d think there was only 5 ever made.

Mathematoxic · 2 February 2023, 01:30 PM

Quote:

Originally Posted by psm11

Exactly. A 26331 is not a rare piece. There are hundreds if not more out there. The way my guy talked, you’d think there was only 5 ever made.

Yeah exactly. Try selling him a piece and he will tell you the exact opposite and paint you a picture of doom and gloom to buy it off you at ridiculously low prices. So until now many people still don’t see this. This whole market is manipulated all the way from the most minuscule aspects.
The price correction(and its speed of correction) only tells me 1 thing : there is no scarcity to begin with. It’s hoarding and business strategies from ADs.

psm11 · 2 February 2023, 02:08 PM

Quote:

Originally Posted by Mathematoxic

Yeah exactly. Try selling him a piece and he will tell you the exact opposite and paint you a picture of doom and gloom to buy it off you at ridiculously low prices. So until now many people still don’t see this. This whole market is manipulated all the way from the most minuscule aspects.
The price correction(and its speed of correction) only tells me 1 thing : there is no scarcity to begin with. It’s hoarding and business strategies from ADs.

Spot on lol. I inquired about trading my batgirl towards it and the line I got was that Rolex prices are coming way down BUT AP prices are shooting back up lol. How much do we want to bet that if I was doing the opposite trade he’d say the inverse?

Mathematoxic · 2 February 2023, 04:33 PM

Quote:

Originally Posted by psm11

Spot on lol. I inquired about trading my batgirl towards it and the line I got was that Rolex prices are coming way down BUT AP prices are shooting back up lol. How much do we want to bet that if I was doing the opposite trade he’d say the inverse?

100% inverse!

zineddine.zidane · 2 February 2023, 04:50 PM

Good for the keepers

Sent from my iPhone using Tapatalk

Vince_76 · 2 February 2023, 09:38 PM

26400IO w/ card sitting for $25.5k

15510 BNIB for $41k and sitting

15500 for $34.25k sitting (full set 2022)

Royal oaks of all shapes and sizes are particularly tanking. No semblance of a floor yet. Most dealers won’t even buy a royal oak. Just call and ask…

rolex_pl85 · 2 February 2023, 11:12 PM

What are the offer prices ppl are getting these days for certain models?

My friend is selling or rather liquidating his collection as watches no longer interest him (well rather there is no more investment that he see's) but the numbers are very very low for outright sale prices. Even lower than what I see on MODA.

EEpro · 2 February 2023, 11:27 PM

Quote:

Originally Posted by rolex_pl85

What are the offer prices ppl are getting these days for certain models?

My friend is selling or rather liquidating his collection as watches no longer interest him (well rather there is no more investment that he see's) but the numbers are very very low for outright sale prices. Even lower than what I see on MODA.

Offers from greys are 25-30% below their advertised prices.

He could join MODA and pay them to auction them off. Probably better result. Bad time to sell. Should have kept dry powder for the pickups this year.

rolex_pl85 · 2 February 2023, 11:29 PM

Quote:

Originally Posted by EEpro

Offers from greys are 25-30% below their advertised prices.

He could join MODA and pay them to auction them off. Probably better result. Bad time to sell. Should have kept dry powder for the pickups this year.

Good idea. I'm gonna tell him to join MODA. Not sure though dont you need like to be trusted on there to list an actual sale? Or anyone can list on there?

I joined MODA a long long time ago but never sold anything on there.

EEpro · 2 February 2023, 11:33 PM

Quote:

Originally Posted by rolex_pl85

Good idea. I'm gonna tell him to join MODA. Not sure though dont you need like to be trusted on there to list an actual sale? Or anyone can list on there?

I joined MODA a long long time ago but never sold anything on there.

No but you won't get a good price as a nobody... and he'd have to ship first and get a wire later if he dealt with a big dog.

Try the Trusted sellers here first of course.

But if he can't get satisfaction I'd recommend he sends the pieces to MODA family for auction and pays a fee. They check out the piece and list it either for sale or auction as he wishes.

Vince_76 · 2 February 2023, 11:34 PM

Quote:

Originally Posted by rolex_pl85

What are the offer prices ppl are getting these days for certain models?

My friend is selling or rather liquidating his collection as watches no longer interest him (well rather there is no more investment that he see's) but the numbers are very very low for outright sale prices. Even lower than what I see on MODA.

You have a friend that thought mass produced watches were prudent investments? SMH

If he bought these resale, he’s going to get burned big time. A lot of dealers will only buy outright with an insane lowball (even up to 50%+ less than the highest watermark on C24; and people still say there isn’t a bid ask spread LOL). If not, they’ll gladly consign as they don’t have skin in the game.

His best route is to take a quick L on MODA and don’t look back.

messikens · 3 February 2023, 01:06 AM

Decline for AP continues. Even on this forum Code11.59 Chrono is now advertised for 39k. Thats literally 15k off MSRP prior to tax

Wonder how quickly this will relay to declines on ROO... Still waiting for my turn but not at close to 60k after tax retail

onyourbikes · 3 February 2023, 02:31 AM

Quote:

Originally Posted by rolex_pl85

What are the offer prices ppl are getting these days for certain models?

My friend is selling or rather liquidating his collection as watches no longer interest him (well rather there is no more investment that he see's) but the numbers are very very low for outright sale prices. Even lower than what I see on MODA.

What's he got? Maybe people here would beat the grey dealer offers slightly and everyone wins...

Vince_76 · 3 February 2023, 02:56 AM

Quote:

Originally Posted by onyourbikes

What's he got? Maybe people here would beat the grey dealer offers slightly and everyone wins...

Good point. I’m game

T3rmina1 · 3 February 2023, 03:21 AM

:P Y'all tryin to buy from the friend of a new member with 11 posts who just joined 2 month ago? (As a new member who joined 2 months ago) Better get lots of proof.

EEpro · 3 February 2023, 03:22 AM

Quote:

Originally Posted by T3rmina1

:P Y'all tryin to buy from the friend of a new member with 11 posts who just joined 2 month ago? Better get lots of proof.

And he needs to pledge and list in FS section

T3rmina1 · 3 February 2023, 03:25 AM

Quote:

Originally Posted by EEpro

And he needs to pledge and list in FS section

And I've found and reported a few scammers there in my short time here. (Cos I know how to use Google reverse image search)

Vince_76 · 3 February 2023, 05:42 AM

26470st 2021 fullset - sold for $22.5k

ROO Ghost fullset unsold for $28.5k (this was one of the more hyped ROOs)

Prices are getting lower by the day for AP

psm11 · 3 February 2023, 06:20 AM

Quote:

Originally Posted by Vince_76

26470st 2021 fullset - sold for $22.5k

ROO Ghost fullset unsold for $28.5k (this was one of the more hyped ROOs)

Prices are getting lower by the day for AP

lol never understood they hype around the ghost - it never struck me as a particularly nice looking watch.

messikens · 3 February 2023, 08:53 AM

Quote:

Originally Posted by Vince_76

26470st 2021 fullset - sold for $22.5k

ROO Ghost fullset unsold for $28.5k (this was one of the more hyped ROOs)

Prices are getting lower by the day for AP

Hate to ask... Any more 26420 and 26240 data points you may come across....

2 February 2023, 09:34 AM	#3031
EEpro 2024 Pledge Member Join Date: Apr 2019 Real Name: Brad Location: Purdue Watch: Daytona Posts: 9,084	Oh geez. I thought we were talking about that naked AP. Panda shouldn't be anywhere near that. Maybe 29-30 with papers. TS is $31.x. __________________ ♛ ✠ Ω 2FA Active

2 February 2023, 10:25 AM	#3037
Benzsiam 2024 Pledge Member Join Date: Mar 2015 Location: USA Watch: Rolex/AP/PP/ALS Posts: 5,922	I think that 26331ST panda at $37.5k seems like a good deal. The new owner can send to AP for service and light polish, it will come back looks new again. __________________ Rolex: 116621, 126333, 126711CHNR, 114060, 116500LN White, 126660 JC, 126710BLNR, 126710BLRO, 116610LV, 126610LN, 126610LV, 116508 YG Green Dial, 124300 Turquoise, 126719BLRO Meteorite dial, 228235 Olive dial ,126755SARU, 116505 RG Black dial, 326934 Blue Sky D. Audemars Piguet: 15451ST Blue, 15500OR w/Bracelet, 14790SA, 14790BA, 26022BC(Salmon) Patek Philippe: 5524R, 5712G, ALS: Time Zone 136.032, Cartier: WGSA0030, WSSA0061, YG Oct. 2965, Breguet: 7137BA, MontBlanc: 109996", Seiko: SRPA21,

2 February 2023, 09:38 PM	#3046
Vince_76 "TRF" Member Join Date: Apr 2020 Location: Orange County Posts: 1,603	26400IO w/ card sitting for $25.5k 15510 BNIB for $41k and sitting 15500 for $34.25k sitting (full set 2022) Royal oaks of all shapes and sizes are particularly tanking. No semblance of a floor yet. Most dealers won’t even buy a royal oak. Just call and ask… __________________ AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1

3 February 2023, 05:42 AM	#3058
Vince_76 "TRF" Member Join Date: Apr 2020 Location: Orange County Posts: 1,603	26470st 2021 fullset - sold for $22.5k ROO Ghost fullset unsold for $28.5k (this was one of the more hyped ROOs) Prices are getting lower by the day for AP __________________ AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1

2 February 2023, 01:11 PM	#3040
Mathematoxic "TRF" Member Join Date: Jan 2022 Location: Asia Posts: 439	With Watches and Wonders hanging along the horizon, dealers are pumping the discontinuation story. They’re best chance to pump and dump those overpaid pieces. So what if a watch got discontinued, life still goes on. There will still be multiples of it being sold in secondary markets.

2 February 2023, 04:50 PM	#3045
zineddine.zidane "TRF" Member Join Date: Mar 2018 Location: Berkeley, ÇA Posts: 70	Good for the keepers Sent from my iPhone using Tapatalk

2 February 2023, 11:12 PM	#3047
rolex_pl85 Banned Join Date: Dec 2022 Location: Texas Posts: 140	What are the offer prices ppl are getting these days for certain models? My friend is selling or rather liquidating his collection as watches no longer interest him (well rather there is no more investment that he see's) but the numbers are very very low for outright sale prices. Even lower than what I see on MODA.

3 February 2023, 01:06 AM	#3052
messikens "TRF" Member Join Date: Sep 2021 Location: SFO Posts: 1,029	Decline for AP continues. Even on this forum Code11.59 Chrono is now advertised for 39k. Thats literally 15k off MSRP prior to tax Wonder how quickly this will relay to declines on ROO... Still waiting for my turn but not at close to 60k after tax retail

3 February 2023, 03:21 AM	#3055
T3rmina1 "TRF" Member Join Date: Dec 2022 Location: The Wired Posts: 77	:P Y'all tryin to buy from the friend of a new member with 11 posts who just joined 2 month ago? (As a new member who joined 2 months ago) Better get lots of proof.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)