Would you pay grey price for RG Olive DD40

[stanleyleecm]

Just saw that these are now reaching low 70s for a brand new.

[jgottsman11]

Originally Posted by m j b

Sorry, no, I think this is bad advice. He'll be paying a premium market retail price for a new watch, and you think that in a year or two when he tries to sell a used watch at wholesale pricing, it will be the same price or higher?

It's one thing to send a wire to a "trusted seller" or brick & mortar retailer than it is to some dude on the Internet selling a used watch with little to no sales feedback. It ain't so easy to sell a $60K watch by yourself. Heck, it's not so easy selling a $20K watch.

I could send a text and sell it for $70,000. Not sure what you mean by upside down

[JodyHighroller]

Originally Posted by jgottsman11

I could send a text and sell it for $70,000. Not sure what you mean by upside down

I’d be curious which secondary dealer is paying $70k for a pre-owned example since brand new is asking low $70k at present.

[sond86]

Not for me. But I love the watch!

Isn’t green special and anniversary colors for Rolex?

[Laostuh]

I'd take my chances at the AD, I don't think it should too hard with some patience. I don't imagine a lot of people going in to an AD dropping $40k on a DD.

[DavB]

It's a matter of personal preference, If you truly love it sure why not.

[jtli202]

hopefully op bought it when he first made this thread because look at prices now. i've learned if I like a watch and can afford it, just buy it. Made the mistake too many times thinking a watch is over MSRP only to be kicking myself later down the road:

Passed on a Panda for 22k in 2019
Passed on a 5712 for 60k in 2019

Bought my Olive RG DD in Dec 2020. Paid $43k usd, so slightly over retail. Took me awhile to justify it but I'm glad I did

[drrd]

"Would you pay grey price for RG Olive DD40"

No.

AD or can happily forget it.

[VacherObsessive]

Originally Posted by vh2k

I don't pay $59K for a watch I can buy for $39K. I much prefer that extra $20K remain with me. Simple as that.

Can you buy it though for 39k … most people are not eligible

[Sub*Man]

Beautiful piece and it ain’t coming down anytime soon.


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[Polar Bear]

What does $60k get you outside of Rolex, PP or AP land?

[indianmachine]

At that price point, would probably rather get the platinum DD on the grey mkt.

[GMT Aviator]

Never. Nothing is permanently inaccessible.

[Jaypremium]

Originally Posted by jtli202

hopefully op bought it when he first made this thread because look at prices now. i've learned if I like a watch and can afford it, just buy it. Made the mistake too many times thinking a watch is over MSRP only to be kicking myself later down the road:

Passed on a Panda for 22k in 2019
Passed on a 5712 for 60k in 2019

Bought my Olive RG DD in Dec 2020. Paid $43k usd, so slightly over retail. Took me awhile to justify it but I'm glad I did

This is the best advice in this thread imho.


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[Jaypremium]

Originally Posted by JodyHighroller

I’d be curious which secondary dealer is paying $70k for a pre-owned example since brand new is asking low $70k at present.

I went to the diamond district yesterday to gauge interest in the demand for my watch. I got offered 72-75k by atleast 6 dealers. I was shocked honestly but if they will pay that much….that tells u where they see the ceiling.


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[rambo99]

70k? no way, lots of options from other brands.

[TimepieceRPP]

I have my name down forbfew months and still waiting. I was told that the so called wish or waiting list is different from other models, however the SA also told me the demand is also very high. Personally I like it very much but don't think I will pay 70000US or 56000GBP for this.

[NYG1121]

These DD are going through the roof! In a way, at least you get a full solid gold rolex vs paying 40k for a steel daytona

[JodyHighroller]

Originally Posted by Jaypremium

I went to the diamond district yesterday to gauge interest in the demand for my watch. I got offered 72-75k by atleast 6 dealers. I was shocked honestly but if they will pay that much….that tells u where they see the ceiling.


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Yeah the market has changed drastically since I posted that on the 9th lol.

Crazy times. I remember if you bought a DD40 you could either get a discount, or bundle that purchase with a few steel professional models.

[Jaypremium]

Originally Posted by JodyHighroller

Yeah the market has changed drastically since I posted that on the 9th lol.

Crazy times. I remember if you bought a DD40 you could either get a discount, or bundle that purchase with a few steel professional models.

Yea rolex loves this new business model for sure.


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[Jaypremium]

Originally Posted by rambo99

70k? no way, lots of options from other brands.

Screenshot this post and come back in 3 weeks.


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[Calatrava r]

I would advise you not to unless the used price is fairly close to MSRP with sales tax from an AD and maybe up to 10 percent higher from there. So for me on a piece this expensive it worth up to about 5K to me to have it now and forget the waiting and mental stress. But, I would really want the watch.

A heads up the legibility of the rose gold hands on the green dial is very bad in some lighting. They blend in and disappear. It why I much prefer white dials on watches where the hands are not lumed. From a glance from any direction and in low light you can easily read the time. Functionality is my first priority on any watch.

[TIII]

As mentioned in another post, anything that has Roman numerals or diamonds is a useless watch at night unless you use your phone light. People are getting hyped up to the jewelry aspect of the watch. But in the end, it’s your money or loan and wish you all the best.


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[nyc10ken]

Not saying it's not a nice watch but this is what the RG olive reminds me of. Prefer the WG as it makes the olive pop more whereas the RG blends it in.

Doesn't warrant the premium but to me no DD does.

[cerendigit]

Originally Posted by Snerks

Very, very few people, can buy that watch for 39k. And those that can, spent well over 20k to their ADs in other areas. Whether you like it or not, its a 59k watch.

This.


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[cerendigit]

Originally Posted by m j b

It's one thing to send a wire to a "trusted seller" or brick & mortar retailer than it is to some dude on the Internet selling a used watch with little to no sales feedback. It ain't so easy to sell a $60K watch by yourself. Heck, it's not so easy selling a $20K watch.

You’re right. Asking price is not the same as buying price. But I think what he means is that he will come out ahead _despite_ that.


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[mml4]

Before Mayer decided that the green Daytona was "special" David had them listed at $34-$35000. They were always available. Mayer writes the article and the price explodes.
Now its the olive Day Date for whatever reason. If you will enjoy it knowing that you are paying a vastly inflated price go ahead. I wouldn't because ownership at the current number would make me feel foolish.
Each to his own!

[Fedpete]

Hey Guys-

Chiming back on this thread again for an update.

Maury Povich voice: In the case of OP purchasing the Green Day Date at an absurd premium….opens envelope.

OP, you are NOT the owner of a Green Day Date.

Couldn’t do it guys! I’ll be “patient” I guess.

Who knows, maybe I should be regretting that I was himming and hawing at 58k and now it’s trending toward 75k


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[Fedpete]

Originally Posted by dmitrii_

Yes, why not? Especially if you think it will soon be unobtainable. With the current trend of the watch market, you can always exit the watch for equal to or more $.I've been watching the Olives go up $500 a month consistently.

^dude nailed it


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[JodyHighroller]

Originally Posted by Fedpete

Hey Guys-

Chiming back on this thread again for an update.

Maury Povich voice: In the case of OP purchasing the Green Day Date at an absurd premium….opens envelope.

OP, you are NOT the owner of a Green Day Date.

Couldn’t do it guys! I’ll be “patient” I guess.

Who knows, maybe I should be regretting that I was himming and hawing at 58k and now it’s trending toward 75k


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Thank you for coming back and providing us an update. Not many folks who create these kind of threads follow back up.