ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
21 May 2019, 07:01 PM | #1 |
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Ladies and gentlemen of TRF. I present to you...
The (almost) $20,000 BLNR.
Madness. Sent from my iPhone using Tapatalk
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Past: 6239 (yes, I know...), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR Present: 16600, 116509, Cartier Santos Green. |
21 May 2019, 07:12 PM | #2 |
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haha!
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21 May 2019, 07:15 PM | #3 |
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Only a few years ago you could buy slighty pre-owned PM references at that price.
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21 May 2019, 07:17 PM | #4 |
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The word “Rolex” makes me think of “re-sell” just like limited run Supreme bs.
Why do kids and f boys buy Yeezys and other limited run shoes even using bots to purchases shoes? So they can resell and make profit. Purchasing hot rolexes is the same now. Sad time for real enthusiasts. |
21 May 2019, 07:18 PM | #5 |
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What’s the LN getting ?
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21 May 2019, 07:21 PM | #6 |
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21 May 2019, 07:33 PM | #7 |
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Not surprised about the asking price but in reality can it sell?
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21 May 2019, 07:34 PM | #8 |
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this is insane! I am done with Rolex.
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21 May 2019, 07:34 PM | #9 |
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Anybody willing to throw that amount at it needs their head testing. I struggle to think of the type of person that would buy though?
Certainly not collectors. Maybe somebody that's late to the party and can't build enough of a relationship to get the new model at an AD? That money would be better spent at a small AD buying a DJ41 with a view to obtaining a new BLNR within 6 months or so. You know what they say though about a fool and his money. |
21 May 2019, 07:35 PM | #10 |
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21 May 2019, 07:37 PM | #11 |
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That's a fair price compared to some others I've seen advertised
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21 May 2019, 07:41 PM | #12 |
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There is a couple of unworn BLNR being advertised in the U.K. on Chrono24 for £16,500
But they are asking prices, There is one on eBay now with a bid of £13,500 |
21 May 2019, 07:43 PM | #13 |
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21 May 2019, 07:44 PM | #14 |
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^^^ Reserved.
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21 May 2019, 07:45 PM | #15 |
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No its a crazy price but while there are those willing to pay, and while many advertise these crazy price on the various internet watch forums the crazy prices will continue.
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
21 May 2019, 07:46 PM | #16 |
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Luckily, as soon as I got my 16710, my desire for the BLNR mysteriously vanished
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Yacht-Master 126622, GMT-Master II 16710, Submariner 114060, Sea-Dweller 16600, Panerai Luminor PAM111 Lange Saxonia Moon Phase 384.029, Tudor Black Bay Harrods M79230G. |
21 May 2019, 07:47 PM | #17 |
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Grey market
If everyone stops buy off the grey sellers it might bring prices down and improve waiting times at authorised dealerships.
Let’s vote with our feet and stop buying off grey market say for a month and see what happens to the market. This needs to happen worldwide. Let rolex dealerships be the only ones to sell them from now on. People power could stop this madness. These grey dealers are getting so greedy it’s obscene. I’m aware people want the grail watches but let’s all stand together and say enough is enough. |
21 May 2019, 07:51 PM | #18 |
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Can't see it not reaching £20K, not unless SM burns down or a couple of new hot watch brands emerge in the next few months to take the shine and dollars off of Rolex.
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21 May 2019, 07:52 PM | #19 | |
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People power is a nice idea in theory, but if SM has taught us one thing it is that people hate people. |
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21 May 2019, 07:53 PM | #20 |
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21 May 2019, 07:55 PM | #21 | |
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Will a DJ41 get you on the list for a BLNR? Doubt it, and even if it did you would be waiting a while (2-3yrs +) as you won’t be at the top.. So maybe better to bite the bullet and have it on your wrist tomorrow..? |
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21 May 2019, 07:59 PM | #22 | |
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Nice. I got an LN at MSRP last Tuesday. Just need to possibly swap an Omega Planet Ocean plus money and maybe my Tudor Black Bay for an explorer and I’m done. My two favourite Rolexes of all time. |
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21 May 2019, 08:02 PM | #23 | |
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In the right place, yes, I don't see any reason why it wouldn't get you on the list. London may well be different but elsewhere i'd think it's possible. To be honest if i had that sort of money to spend I'd be going TT CHNR anyways. |
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21 May 2019, 08:03 PM | #24 |
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Have previously owned & own ♛GMT II Coke 16710♛ ♛DateJust 16030♛ ♛Explorer 214270 mk2♛ Submariner 116610LN♛ 126711CHNR ♛ |
21 May 2019, 08:24 PM | #25 |
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These things are worth what they’re worth until they’re not. That’s what the free market is. If people are willing to hit the bid, then the watch is “worth” that because it’s selling. These are crazy times indeed and perhaps it is a bubble that will get pricked at some point, but countless posts proclaiming “it’s not worth that, I’m moving on from Rolex” doesn’t consider that these prices already reflect the many who have expressed those sentiments and voted with their wallets and feet. There appears to be many well heeled buyers for whom Rolex has no substitute... partly because success begets success. There are many horological marvels and many brands produced in smaller quantities, but they don’t command the same premium over MSRP or have even half the value retention (except Patek). That’s not my opinion, those are just the facts at present.
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21 May 2019, 08:29 PM | #26 |
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If a stamp can be worth millions, why a Rolex can`t be "worth" some 10k premiums - especially for discontinued models?!
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21 May 2019, 08:35 PM | #27 | |
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Either way, the price above from the OP is only an asking price. It's not MSRP. Not sure why everyone goes crazy over these prices. No-one has to pay them. |
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21 May 2019, 08:36 PM | #28 |
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Also, these toys are purely discretionary baubles and rather expensive ones at that. By definition a luxury good is and should be somewhat exclusive. You know what makes a bunch of wealthy folks crazy? Possessing something money can’t buy. At this point, having a difficult to obtain (ie SS sport model) Rolex implies a certain social pull or gobs of money because it usually takes one or both to get them. So yes, Rolex (whether intentional or having stumbled upon this “strategy”) has won. People can walk into any number of boutiques and just spend to get whatever they want in most instances, you just show up with your wallet in tow. In this case, you either have some pull (long standing relationships you’ve cultivated through the years and invested in with time, or you’ve got enough money to expedite building a relationship) or you’re lucky. If these were EpiPens or something critical to people’s lives, I’d have a much different outlook or stance but at the end of the day, these are watches. Please keep all in perspective people.
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21 May 2019, 08:40 PM | #29 |
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The watch in question is the 116710 BLNR on Oyster and it`s no longer produced! So the "original" Batman is dead and this is the true collector piece so far! Keep it new/unworn!
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21 May 2019, 08:59 PM | #30 | |
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Quote:
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