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

[HAL330]

perfect timing... good advice

https://www.youtube.com/watch?v=hoRJCV8H58w

[EEpro]

Originally Posted by DJ4

2012 AP 15400 blue dial is bidding at 34500 USD on moda

37.7 close.

16k 2019 batgirl was a shocker.

[sudo_root]

Originally Posted by HAL330

dealer sweat is what's fueling this price plunge ride... wait until they are out of stuff to dump...

The amount of inventory they’ve sat on and hoarded is greater than the remaining demand. Most end consumers are not gray market purchasers, and folks that frequent Rolex forums are a niche in the market.

[Xtralarg]

Originally Posted by HAL330

perfect timing... good advice

https://www.youtube.com/watch?v=hoRJCV8H58w

these YouTube conmen are just trying to sell watches, take no notice of what they say

[28mm]

Originally Posted by eijiboy

we ARE BACK

I'm happy for you. Please stay here!

[NeoDough]

Originally Posted by Xtralarg

these YouTube conmen are just trying to sell watches, take no notice of what they say

For the most part I agree. There was some decent advice in that video (buy what you love, it's not an investment, etc) but there was also a very large helping of circle jerky.

[pursang_]

Used but great condition 2019 black 116500LN w/ card sold for 26k on Moda.

[DJ4]

Brand new blue dial zenith defy skyline at 5,350 bid @ moda
Cheappp

[Incroyable12]

Originally Posted by DJ4

Brand new blue dial zenith defy skyline at 5,350 bid @ moda
Cheappp

These mid-tier brands like Zenith seem impossible to sell at any meaningful price second hand.

[amphr1]

Originally Posted by pursang_

Used but great condition 2019 black 116500LN w/ card sold for 26k on Moda.

1k less and I'm taking it.

[soicanbefree]

Originally Posted by Incroyable12

These mid-tier brands like Zenith seem impossible to sell at any meaningful price second hand.

It is unbelievably hard. I bought an IWC Portuguese WG and another IWC Diver back in mid 2000s.

I had to trade the IWC which I was into used @ 9.5 for a 5512 which was asking around 7.5.

I made it all back and then some selling the 5512 for 20K last year but still really turned me off from other brands.

I tried for a full year to sell that thing on Ebay. You would not believe the lowballs I got... really changed my perspective on other brands.

[DJ4]

Originally Posted by Incroyable12

These mid-tier brands like Zenith seem impossible to sell at any meaningful price second hand.

Although it’s a fantastic brand and watch.
It was closed at only 5,450$
I regret I didn’t bid
That was a great deal with so much value

[2loaded]

Originally Posted by amphora001

1k less and I'm taking it.

Explain the desperation.
Market minded folks might be intrigued.

[soicanbefree]

Originally Posted by 2loaded

Explain the desperation.
Market minded folks might be intrigued.

Just wait until September.

It will be under 20K.

[HAL330]

Maybe the sky is falling after all..


https://www.youtube.com/watch?v=GccE2SuJvd0

[ts3]

Originally Posted by soicanbefree

It is unbelievably hard. I bought an IWC Portuguese WG and another IWC Diver back in mid 2000s.

I had to trade the IWC which I was into used @ 9.5 for a 5512 which was asking around 7.5.

I made it all back and then some selling the 5512 for 20K last year but still really turned me off from other brands.

I tried for a full year to sell that thing on Ebay. You would not believe the lowballs I got... really changed my perspective on other brands.

With IWC it very much depends on the reference. Many are dogs but others have their fans.

Selling a classic titanium diver like the IWC Ocean 2000 or GST Aquatimer 2000 shouldn't be too difficult just like selling a Mark XII or XV isn't.

A few years ago I sold a titanium GST Chrono 3707 that I had bought preowned and came out slightly ahead after 5 years of ownership.

[Incroyable12]

Originally Posted by soicanbefree

It is unbelievably hard. I bought an IWC Portuguese WG and another IWC Diver back in mid 2000s.

I had to trade the IWC which I was into used @ 9.5 for a 5512 which was asking around 7.5.

I made it all back and then some selling the 5512 for 20K last year but still really turned me off from other brands.

I tried for a full year to sell that thing on Ebay. You would not believe the lowballs I got... really changed my perspective on other brands.

IWC, JLC, Blancpain, Breguet, Chopard, Zenith, GP, UN: all impossible to sell at a decent price.

People who advocate "Buy What You Love" probably never bought those brands at retail and tried to get rid of them later on

[mquarter]

Originally Posted by HAL330

Maybe the sky is falling after all..


https://www.youtube.com/watch?v=GccE2SuJvd0

Ugh, not this hack

[Incroyable12]

Originally Posted by HAL330

Maybe the sky is falling after all..


https://www.youtube.com/watch?v=GccE2SuJvd0

Rolex Day-Date on the wrist.

[Vince_76]

Two consecutive quarters of negative GDP growth - we are now in a technical recession.

Literally no logic to those that say this is the bottom of the watch market, or that prices will hold. China won’t save this lol

[DJ4]

Originally Posted by Vince_76

Two consecutive quarters of negative GDP growth - we are now in a technical recession.

Literally no logic to those that say this is the bottom of the watch market, or that prices will hold. China won’t save this lol

agree!

the balanced between buyers and sellers has changed, the rates are getting higher, FED is shrinking his massive balance shit... value of money is getting more and more old fashion, old economy is back and thanks god to that...

[brandrea]

Originally Posted by amphora001

1k less and I'm taking it.

Me thinks if you offered $1K less you’d probably land it

[EEpro]

Originally Posted by brandrea

Me thinks if you offered $1K less you’d probably land it

Yep, I was gonna say that too. For sure they would. At least $500 split the diff. But you may be able to get it for $20k in 6 months

[S``]

Originally Posted by EEpro

Yep, I was gonna say that too. For sure they would. At least $500 split the diff. But you may be able to get it for $20k in 6 months

Why wait for 6 months... At the rate the doomers are claiming... It's going to be traded for canned tuna in 12 months

[EEpro]

Originally Posted by S``

Why wait for 6 months... At the rate the doomers are claiming... It's going to be traded for canned tuna in 12 months

If it gets that bad you'll want to keep the tuna.

[amphr1]

Originally Posted by EEpro

Yep, I was gonna say that too. For sure they would. At least $500 split the diff. But you may be able to get it for $20k in 6 months

I think that would be the case if supply is much higher than demand but I don't see that happening for the Daytona ever

[JRedford]

Excellent condition Panda just went up on Moda … 31K.

[pursang_]

Minty 02/21 Black Daytona up on Moda for 28k. 45 minutes and no takers thus far.

Full set used Jubilee Batman sold after 20 hours for 16.5k

5/22 lightly worn Oyster Batman w/ card sitting at 17.4k since the 22nd

'19 great condition Pepsi Jubilee w/ card. 2 links short sitting for 19 hours at 19k

Full set new 124060 just listing for 12k

[EEpro]

Originally Posted by JRedford

Excellent condition Panda just went up on Moda … 31K.

Back to where we were a year ago. I sold my not-a-panda for $31k late summer 2021.

Originally Posted by pursang_

Full set new 124060 just listing for 12k

That no date hits $10k in the coming months and I'll bite.

[ts3]

Originally Posted by EEpro

If it gets that bad you'll want to keep the tuna.

Truth though.