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

[GB-man]

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[rolexandlange]

Originally Posted by agsstructures

Agreed! Close friend of mine just bought a mint 126719 (full set) for $31k. Great time to buy and enjoy!

116719blro with the original (more pastel) bezels around 30k are some of the best buys around right now

[Vince_76]

Blue 15500st fullset sitting for 39.9k

Another one watch and box (no card) sitting for 36.5k

Clear that these things are dropping hard, and if you extrapolate the non-blue is ~10% within MSRP+tax and will fall under retail

[HelloMelo]

Originally Posted by Vince_76

Blue 15500st fullset sitting for 39.9k

Another one watch and box (no card) sitting for 36.5k

Clear that these things are dropping hard, and if you extrapolate the non-blue is ~10% within MSRP+tax and will fall under retail

I know this thread has mostly been about AP and Rolex prices but i've been on the hunt for an Omega snoopy now.

Brand new with box and papers sold for 15k on MODA. What a drop from peak prices. Brutal brutal market right now. I was originally aiming to purchase around 15k but 13k might be a realistic possibility by end of next year.

[whiterabbit66]

Originally Posted by Vince_76

Blue 15500st fullset sitting for 39.9k

Another one watch and box (no card) sitting for 36.5k

Clear that these things are dropping hard, and if you extrapolate the non-blue is ~10% within MSRP+tax and will fall under retail

Trusted seller on here offered me 35k for my blue 15550st today as a data point. I am trying to get into a Speedmaster 321 so aiming to trade and get 18k-20k cash back some way or another. Will probably retail the 15550 myself as in no hurry.

[Vince_76]

Originally Posted by whiterabbit66

Trusted seller on here offered me 35k for my blue 15550st today as a data point.

Thanks, sounds right when you look at their margins. I assume fullset and mint/new?

[whiterabbit66]

Originally Posted by Vince_76

Thanks, sounds right when you look at their margins. I assume fullset and mint/new?

Yes I owned from new and mint.

[Gmtleo@14]

126500 panda bnib on auction currently at 33.2. 3hrs left.

[agsstructures]

Originally Posted by rolexandlange

116719blro with the original (more pastel) bezels around 30k are some of the best buys around right now

Totally agree with you

[Vince_76]

Unworn 126710BLNR sold $14.5k

Unworn blue dial 15510OR in strap sitting for $50k

[Gmtleo@14]

126500 new panda just sold at auction for 33.8k. New low

[soicanbefree]

I bought my first AP.

15202ST First Gen / Blue ... I'm probably early but I'm happy with it.

I've seen some good prices on things the last few weeks. A lot of gold pieces with very nice discounts. Finally a few decent vintage rolexes offered at better prices.

No sign of a bottom but if you see something you like seems like it can't be too horrible of a spot to buy.

[Saintos]

Originally Posted by Gmtleo@14

126500 new panda just sold at auction for 33.8k. New low

In my opinion that means the people prefer the old one.

Edit: it’s sold for 33.7.

[rolexandlange]

Originally Posted by soicanbefree

I bought my first AP.

15202ST First Gen / Blue ... I'm probably early but I'm happy with it.

I've seen some good prices on things the last few weeks. A lot of gold pieces with very nice discounts. Finally a few decent vintage rolexes offered at better prices.

No sign of a bottom but if you see something you like seems like it can't be too horrible of a spot to buy.

congrats. the first gen has a monobloc case and white date wheel true to the original, but AP at 12 oclock and not so petite tappissseri compared to the 40th anniversry. how much were you able to get it for?

imo these 15202 are a nice buy now considering they are the last of quite a historical movement in the AP2121.

[rushca01]

Originally Posted by Vince_76

Unworn 126710BLNR sold $14.5k

Unworn blue dial 15510OR in strap sitting for $50k

WOW! Where?

[bay_area_kid]

Originally Posted by rushca01

WOW! Where?

Moda Watch Club

https://imgur.com/a/TzPidx9

[soicanbefree]

Originally Posted by rolexandlange

congrats. the first gen has a monobloc case and white date wheel true to the original, but AP at 12 oclock and not so petite tappissseri compared to the 40th anniversry. how much were you able to get it for?

imo these 15202 are a nice buy now considering they are the last of quite a historical movement in the AP2121.

Thx! Yeah I was really torn between 944 and 1240 for those reasons. I slightly prefer the dial on the 1240 but everything else is better to me on the 944. AP clasp, monobloc, slightly slimmer, much rarer, etc.



46K shipped. Original papers. No box.

[Turbo Racer]

Originally Posted by soicanbefree

I bought my first AP.

15202ST First Gen / Blue ... I'm probably early but I'm happy with it.

I've seen some good prices on things the last few weeks. A lot of gold pieces with very nice discounts. Finally a few decent vintage rolexes offered at better prices.

No sign of a bottom but if you see something you like seems like it can't be too horrible of a spot to buy.

Congratulations. What a beautiful watch. I have had a pretty strong itch myself lately. Enjoy!!

[PBJ1925]

Nice quite day at home so posting a few prices from desk-shopping at the popular FB group:

Used - 2022 116500LN - $28k
Used - 2023 VCO 4500v Silver - $17.8k (sort of tempting)
Used - 2022 126610LN - 12.5k (Sold)

[Gmtleo@14]

Originally Posted by Saintos

In my opinion that means the people prefer the old one.

Edit: it’s sold for 33.7.

Even the old one is going down as well.

[bay_area_kid]

Daytona 126500LN black dial - $31,500

No takers so far.

[bay_area_kid]

Overseas 4500V/110A-B126 - $17,750

Sold. I was surprised how much this model has dropped recently.

[Watchguynyc8300]

Originally Posted by Vince_76

Blue 15500st fullset sitting for 39.9k

Another one watch and box (no card) sitting for 36.5k

Clear that these things are dropping hard, and if you extrapolate the non-blue is ~10% within MSRP+tax and will fall under retail

Haha but Vince when will AP house NY sell me a (average guy) a new one 😂😂😂 without a pre purchase of 2 ofher watches. Oh btw - amazing CODE’s selling for 50/60% less retail on Nashville watch

Sales reps keep saying oh we need you to buy a code or ladies royal oak first

[Vince_76]

Originally Posted by Watchguynyc8300

Haha but Vince when will AP house NY sell me a (average guy) a new one 😂😂😂 without a pre purchase of 2 ofher watches. Oh btw - amazing CODE’s selling for 50/60% less retail on Nashville watch

Sales reps keep saying oh we need you to buy a code or ladies royal oak first

Lmao I’m over those games! ROs are very close to retail on Moda. Save ourselves the aggravation.

Honestly a bigger fan of 15500/25331, etc with the AP logo and thicker bracelet anyway. These are approaching below retail.

[Al1969]

Originally Posted by bay_area_kid

Overseas 4500V/110A-B126 - $17,750

Sold. I was surprised how much this model has dropped recently.

Wow! VCs seem to have gone back to reality.

[PBJ1925]

Originally Posted by Al1969

Wow! VCs seem to have gone back to reality.

Agreed. With that said, man this was a pretty good deal considering the extra strap and condition. Hopefully it'll continue to trend down a bit for us collectors to finally obtain a piece or two we've been eying.

[steeevvvooo]

Originally Posted by PBJ1925

Agreed. With that said, man this was a pretty good deal considering the extra strap and condition. Hopefully it'll continue to trend down a bit for us collectors to finally obtain a piece or two we've been eying.

There have been aggressive MRSP hikes for many brands, Vacheron included. A 4500v is about 30% higher out the door than 2 years ago.

Agree that white one looks amazing value but it's probably close to MRSP two years ago, and at that point they would have been relatively easy to get. Back to normality

Sent from my Pixel 7 using Tapatalk

[Etschell]

i have not bothered posting in a few months or logging in. this will be the last post i make in a long, long time. i am back to say prices are lower (as i said they would go which was not a shocking prediction at all). perhaps this post will prevent someone from once again buying into the BS that is spewed by the industry and dealers alike (maisons, ADs and secondary sellers).

the holiday bump that ALL dealers were hoping for is not happening this year. it's cooked. i feel bad for anyone who got conned into the hype of AP, PP, Rolex, GP, VC or other brands over the last few years. a lot of predatory practices have gone on including posting false sales and relisting same watches as a different watch and giving false and misleading "investment" advice. certain sellers even put the wrong box and "papers" with watches and/or changed dates on warranty cards (some of which sell here on this site).

the hottest watches are now in a lower price range from brands that deliver on availability and price offering. this is now the trend. if you have not realized it you should take a look around. the amount of people buying $10k dollar plus watches, especially modern in production references, is dwindling. if you are buying watches to make money stop doing it.

the watch market from 2020-2022 is akin to similar manic investment bubbles. tulips, beanie babies, antiques, tech stocks, housing, pot stocks, crypto, NFT, AI stocks, sports cards, solar stocks, etc. etc. etc. what you are left with is speculators leaving and enthusiasts remaining at the end of the day. there is still value. watches are not worthless but they are "worth less".

i think it is quite fitting that brand price reductions are coming. they screwed the enthusiast. they deserve to feel some pain and they will. even if you were top of the food chain and got nearly every watch you wanted they screwed you too. privately they laughed about it the whole way. when they shifted stock to other markets they did it intentionally to further drive the hype knowing full well the effect it would have. i don't blame brands for ethical business practices; this was not that. they got people to buy into the hype that other people actually cared as a mass society as a result. they lied about value proposition and inventory. people bought it. they fell for it. good luck to those still stuck in it and heed warning if you still buy what others are selling in terms of the above.

the purpose of buying watches is not about the money. collecting watches is not about the money. the monetization of watches ruined the hobby. i am not saying collecting high end watches hasn't always been about the money to some degree. it has been. however, the degree it was turned up to the last few years has been that if you buy a watch that isn't hype and going up in value people dismissed it. now, after reversion, i get to dismiss those whose businesses are in a down turn and who can't sell the BS story any more. good luck to them, they certainly earned it.

[GGGMT]

Originally Posted by Etschell

i have not bothered posting in a few months or logging in. this will be the last post i make in a long, long time. i am back to say prices are lower (as i said they would go which was not a shocking prediction at all). perhaps this post will prevent someone from once again buying into the BS that is spewed by the industry and dealers alike (maisons, ADs and secondary sellers).

the holiday bump that ALL dealers were hoping for is not happening this year. it's cooked. i feel bad for anyone who got conned into the hype of AP, PP, Rolex, GP, VC or other brands over the last few years. a lot of predatory practices have gone on including posting false sales and relisting same watches as a different watch and giving false and misleading "investment" advice. certain sellers even put the wrong box and "papers" with watches and/or changed dates on warranty cards (some of which sell here on this site).

the hottest watches are now in a lower price range from brands that deliver on availability and price offering. this is now the trend. if you have not realized it you should take a look around. the amount of people buying $10k dollar plus watches, especially modern in production references, is dwindling. if you are buying watches to make money stop doing it.

the watch market from 2020-2022 is akin to similar manic investment bubbles. tulips, beanie babies, antiques, tech stocks, housing, pot stocks, crypto, NFT, AI stocks, sports cards, solar stocks, etc. etc. etc. what you are left with is speculators leaving and enthusiasts remaining at the end of the day. there is still value. watches are not worthless but they are "worth less".

i think it is quite fitting that brand price reductions are coming. they screwed the enthusiast. they deserve to feel some pain and they will. even if you were top of the food chain and got nearly every watch you wanted they screwed you too. privately they laughed about it the whole way. when they shifted stock to other markets they did it intentionally to further drive the hype knowing full well the effect it would have. i don't blame brands for ethical business practices; this was not that. they got people to buy into the hype that other people actually cared as a mass society as a result. they lied about value proposition and inventory. people bought it. they fell for it. good luck to those still stuck in it and heed warning if you still buy what others are selling in terms of the above.

the purpose of buying watches is not about the money. collecting watches is not about the money. the monetization of watches ruined the hobby. i am not saying collecting high end watches hasn't always been about the money to some degree. it has been. however, the degree it was turned up to the last few years has been that if you buy a watch that isn't hype and going up in value people dismissed it. now, after reversion, i get to dismiss those whose businesses are in a down turn and who can't sell the BS story any more. good luck to them, they certainly earned it.

You seem bitter but you have great points to add to the discussion. Keep hope alive! It’s coming back to the enthusiast. I hope you stick around and post more.


Sent from my iPhone using Tapatalk

[Vince_76]

Originally Posted by Etschell

i have not bothered posting in a few months or logging in. this will be the last post i make in a long, long time. i am back to say prices are lower (as i said they would go which was not a shocking prediction at all). perhaps this post will prevent someone from once again buying into the BS that is spewed by the industry and dealers alike (maisons, ADs and secondary sellers).

the holiday bump that ALL dealers were hoping for is not happening this year. it's cooked. i feel bad for anyone who got conned into the hype of AP, PP, Rolex, GP, VC or other brands over the last few years. a lot of predatory practices have gone on including posting false sales and relisting same watches as a different watch and giving false and misleading "investment" advice. certain sellers even put the wrong box and "papers" with watches and/or changed dates on warranty cards (some of which sell here on this site).

the hottest watches are now in a lower price range from brands that deliver on availability and price offering. this is now the trend. if you have not realized it you should take a look around. the amount of people buying $10k dollar plus watches, especially modern in production references, is dwindling. if you are buying watches to make money stop doing it.

the watch market from 2020-2022 is akin to similar manic investment bubbles. tulips, beanie babies, antiques, tech stocks, housing, pot stocks, crypto, NFT, AI stocks, sports cards, solar stocks, etc. etc. etc. what you are left with is speculators leaving and enthusiasts remaining at the end of the day. there is still value. watches are not worthless but they are "worth less".

i think it is quite fitting that brand price reductions are coming. they screwed the enthusiast. they deserve to feel some pain and they will. even if you were top of the food chain and got nearly every watch you wanted they screwed you too. privately they laughed about it the whole way. when they shifted stock to other markets they did it intentionally to further drive the hype knowing full well the effect it would have. i don't blame brands for ethical business practices; this was not that. they got people to buy into the hype that other people actually cared as a mass society as a result. they lied about value proposition and inventory. people bought it. they fell for it. good luck to those still stuck in it and heed warning if you still buy what others are selling in terms of the above.

the purpose of buying watches is not about the money. collecting watches is not about the money. the monetization of watches ruined the hobby. i am not saying collecting high end watches hasn't always been about the money to some degree. it has been. however, the degree it was turned up to the last few years has been that if you buy a watch that isn't hype and going up in value people dismissed it. now, after reversion, i get to dismiss those whose businesses are in a down turn and who can't sell the BS story any more. good luck to them, they certainly earned it.

Well said. Seriously sucks to see this hobby moving away from passion of horology to money, “investments”, flexing, etc.

Thankfully the pendulum continues to swing back to the enthusiasts’ favor.