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Old 10 October 2019, 01:49 PM   #91
akilis
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Originally Posted by othertbone View Post
Even if those prices are possible, that is still WAY over list
it is, let's wait until we are feeling okay to buy
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Old 10 October 2019, 01:49 PM   #92
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Originally Posted by cbalster View Post
USA overnight funding market stress as evidenced by recent FOMC repo market operations is going to affect the ability of grey dealers to finance inventory for extended periods of time and they will have to cut balance sheet i.e. cut prices and move inventory = falling grey markets on the SS. i just made that up, but hey it might end up being true too. i do agree prices are down.
lololololololol
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Old 10 October 2019, 01:51 PM   #93
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Originally Posted by Rado63 View Post
I still believe the inventory, the real number of 126710 BLRO for sale hasn't reached a great enough volume to cause prices to fall far. Looking at chrono24 this morning and only searching for watches for sale in the US, it brings up 86 pieces. without looking at each ad, I look at how many ads have a stock Rolex photo and not a photo of the actual watch. Give or take, About half the ads have a stock photo. When I see a stock photo it often times means the seller doesn't have the watch but is fishing for an offer and will try to fill the order if he gets a potential buyer. So the real inventory of BLRO for sale is still low enough to keep asking prices up. keeping secondary market prices high, keeps traffic in the Rolex AD who can offer pieces to someone purchasing multiples. my .02.
simply because the blro is born in the years of bubbles
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Old 10 October 2019, 01:52 PM   #94
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Originally Posted by iliketime View Post
when they are back around $7900 with several bumps in the f/s then I will consider the bubble burst.
lol. I didn't like the old BLNR either when it was under 9k...That's why I end up getting the hulk
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Old 10 October 2019, 01:52 PM   #95
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Originally Posted by AAK_JR View Post
DavidSW has a 2018 BLNR and a 2019 BLNR listed at the same price. $14,975
https://davidsw.com/watches/rolex/gmt-master/

What does that say about the Oyster bracelet holding its value.
I think in long term the discontinue model will be more stable
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Old 10 October 2019, 01:53 PM   #96
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Originally Posted by Mystro View Post
What does where and what I paid for my new BLNR have anything to do with what the current market is doing??? From my history and posts, where would you get the idea few $k would even be a blip on my radar screen with a watch purchase? Pretty sure I have been preaching for over a decade that a Rolex is NOT a investment.
buy what you like !!!
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Old 10 October 2019, 01:55 PM   #97
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Originally Posted by Bizcut1 View Post
Odd thread. If a person is interested in tracking the market conditions on a luxury item he purchased that is suspicious? Why is that?

Or...just trolling for a response I guess...
because I want to buy a GMT and still waiting for a reasonable price
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Old 10 October 2019, 01:56 PM   #98
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so what you're saying is- worse case everyone who paid 18k for a BLRO is going to lose 3-5k and everyone who bought at MSRP is still up 3-5k? seems like old news to me
as long as you don't sell it... after 10 yeas it will still go back up more than what you pay for
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Old 10 October 2019, 01:57 PM   #99
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I’ve seen the same with (a few) Hulks lately as one has been on my radar
yea... I think the hulk is back to 14.5 k now
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Old 10 October 2019, 02:00 PM   #100
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Originally Posted by TheWatchStandard View Post
let's be honest here, Rolex will NOT want one of their popular watch to go up twice in retail value, then takes a deep dive after a few months...that's just bad for the brand.

The old trick to protect that from happening is to cut global stock, but that card has been played out, so many times..with China watch market now in shamble, I assume Rolex will re-gather their game plan to prevent they find themselves in this position again. And that usually means going after the grey market.
yes, china middle class love the Rolex so much
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Old 10 October 2019, 02:01 PM   #101
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Originally Posted by RJRJRJ View Post
In my experience, like 60%+ of the listings are not in stock, and I'm being conservative.
depend on what model....
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Old 10 October 2019, 02:04 PM   #102
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LOOOL man you are full of BS
the AD waiting list still over 2 years suck that
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Old 10 October 2019, 02:07 PM   #103
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Originally Posted by beachboy17 View Post
Its very interesting to read all these comments. Im new here and not a frequent poster. I have purchased several Rolex's but just for the sake of enjoying the watch. That includes a few vintage pieces as well. Whether they go up or down I really don't care. I laugh when i see the people selling vintage on here and on IG cause they are buying a much more expensive piece. THATS BS.......i have learned from some long term whole salers and vintage dealers, THEY NEED THE MONEY...hahaha....Financial balance is key. :) and just enjoy your timepiece ...
because people like me has to sell this one to get next one, and make sure we do not lose too much on it
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Old 10 October 2019, 02:10 PM   #104
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Rumor has it the situation in Hong Kong might start to affect the market.
it seems like more and more people are worry about HK
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Old 10 October 2019, 02:11 PM   #105
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Originally Posted by Ace775 View Post
A 1k drop in grey market prices can’t really be termed as a “burst bubble” with rolex , considering the way demand is still way way higher than supply . Spoke to a couple of ADs and two greys and still the same story . Ofcourse the grey would wanna try and sell as high as they can and an AD will only give it you with a prior purchase relationship of 30-40k or more and for pieces like Daytona/Gmt , it’s next to impossible. The Daytona has been out for years and the BLRO is no less than an icon , so I really don’t see this situation change anytime soon .
i think at lease 2k drop now. as long as not flipping you are ok
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Old 10 October 2019, 02:12 PM   #106
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I think there is a lot of these watches that were immediately flipped all at once....
A local non-ad dealer told me that the BLRO was a watch that will go thru 2-3 hands before it hits the owner. The dealer, then a buyer that flips, then that goes to another buyer that flips it higher. Not sure if its true, but it makes sense to me.
lol.....totally make sense !!
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Old 10 October 2019, 02:12 PM   #107
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I still wonder who the people are that are paying 14-16k usd.

Could they please raise their hands?
If i see BLRO 14K i will buy it
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Old 10 October 2019, 02:13 PM   #108
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Originally Posted by TheWatchStandard View Post
It is true that demand globally hasn't fallen much for BLNR or pepsi, but with Hong Kong market (which is one of the biggest market for grey dealer) now virtually can't conduct any business, and AD are on its last quarter of performance review. It's very likely that both BLNR and Pepsi prices will stay around $2-3000 over retail, instead of over $17k like it used to.

I've seen Rolex penalized smaller AD for some BS just so they can give inventories to bigger, stronger ADs. Therefore, limiting grey market dealers getting their hands on popular models.
good points....HK and japan always has a lot of those hot watches
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Old 10 October 2019, 02:14 PM   #109
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Originally Posted by akilis View Post
same say the price will go up during the xmas
Most of the spike of the last 12 months happened well after Christmas last year. But that doesn't mean much for this year. So, who knows...

I will say, though, that this thread has directly driven eyeballs to listed GMT II's and related price inquiry PMs to sellers. With that kind of interest, people might just be inclined to hold prices. Cause and effect and all.
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Old 10 October 2019, 06:29 PM   #110
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most of the spike of the last 12 months happened well after christmas last year. But that doesn't mean much for this year. So, who knows...

I will say, though, that this thread has directly driven eyeballs to listed gmt ii's and related price inquiry pms to sellers. With that kind of interest, people might just be inclined to hold prices. Cause and effect and all.
pump and dump
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Old 10 October 2019, 07:27 PM   #111
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Originally Posted by akilis View Post
go to "for sale" section and see if i am making this up


There is a difference between “prices for XYZ appear to be coming down” and “the bubble is bursting” - I’m not accusing you of lying, it’s generalisation.
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Old 10 October 2019, 07:34 PM   #112
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There is a difference between “prices for XYZ appear to be coming down” and “the bubble is bursting” - I’m not accusing you of lying, it’s generalisation.
I guess it depends on your definition of 'bubble', to me the bubble is the crazy frenzy we hablve gone through over the last couple of years which by all accounts is certainly seeing signs of shifting (prices softening, etc). So, you could argue both ways that the bubble is/n't bursting depending on where you sit on the fence.
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Old 10 October 2019, 07:48 PM   #113
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Nothing explosive yet. Just a touch of flatulence. Heck you used to be able to advise people to buy Subs and GMTs pre-owned to save a bit of money.. Now there's relationships etc. Trying to build a relationship with my AD ahhh. Finally a Hulk at retail wooo.
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Old 10 October 2019, 08:02 PM   #114
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Yes. BNIB. And I’m not just talking about one single solitary piece.

Also hulk for £10.5k

The BLRO tho, that’s still up there in price around the bottom of what mystro indicated

I think these prices are crazy for what they are but It doesn’t put me up or down as I have no intention of buying such

I guess you’ll just have to trust me on this as I choose not to disclose locations
Hulk for £10.5 and BLNR for £11.5k I have friends who would be interested. I’ve never seen prices this low for unworn watches. Virtually every HULK with box and papers is £12k plus (£13-14k in many local jewellers)

Please can you at least drop me a PM with where to get these prices? I could then help some friends out
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Old 10 October 2019, 09:00 PM   #115
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...better sell em now before it goes any lower. You got anything I want??
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Old 10 October 2019, 09:15 PM   #116
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Whole market is softening. Compared to 12 months ago it is very much significantly softer.

Combination of HK, uncertainty in global markets and just the overall time period in which all watches became hot all of a sudden. I think 2019 is the 3rd year where watches are hot. All this started in end 2016- start 2017. After so long people are just over it all.

Its just a watch at the end of the day. LOL
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Old 10 October 2019, 09:26 PM   #117
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Last week, I dropped by an AD who informed she has one each of Batman and Pepsi, but only when I buy another piece like $20k Cellini. This hardly come by previously.

Unfortunately, VC Overseas is in my bucket list, not a Rolex . And it would certainly cost me an arm to buy 2 Rolex at one go.


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Hi, may I know which AD is this?
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Old 10 October 2019, 10:02 PM   #118
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There’s only 1090 BLNR on chrono 24 at the moment. 19 pages worth
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Old 11 October 2019, 12:17 AM   #119
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I have notice that the older batman is nearly 13k, was over 15.5k
batgilr under 15k, pepsi is around 16.5 now.
I have visited ADs in several major markets recently and my own not so major market town and I see the same Rolex cases. Lots of empty slots, no GMTs, Daytona’s, Subs, no Sports watches in Stainless or gold of any kind. But the empty little light grey slots in the cases are plentiful. The market is what ever the market is.
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Old 11 October 2019, 12:24 AM   #120
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yes the bubble is bursting we will all be able to go to the AD and get subs and GMTs for 10% off retail any day now.
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