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Geo444 · 26 November 2018, 03:22 AM

I currently have only a two watch Rolex collection. I am considering adding a third which would be a 5 digit GMT master with coke bezel. Currently prices are in the 9 thousand dollar range. I would also like to add a speed master moon watch to the collection. Having a explorer II and a submariner already I am not in a huge rush to buy the GMT. With Rolex prices and demand near peak would it make more sense to pull the trigger on the speed master and look for a GMT at a later date after the Rolex market cools down a bit. Or are the earlier GMT's destined to continue to appreciate. I know no one has a crystal ball but any advice would be welcomed and appreciated.

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dbfagan · 26 November 2018, 03:33 AM

I would expect the 5 digit GMT’s to continue to appreciate. You can still get a full set in mint condition in the 10k range. A guy named “springer” who hangs out on the vintage forum is a pretty good starting point for info.

The new Speedmaster Professionals (classic moon watch) seem to be stuck in the 3-4K range. The tritium versions from the late 90’s are starting to appreciate past that though.

Good luck with your search!
David

ltmgeller · 26 November 2018, 03:38 AM

I don't think the 5 digit GMT price will go down at all. The longer you wait, the more you will spend.

Floorguy · 26 November 2018, 03:42 AM

Bought my 16710 3 years ago from John (Springer), And prices are still climbing depending on condition! John knows his stuff, and is a great guy to deal with!! There are also others with nice sets out there with great reputations!!

Onequik135i · 26 November 2018, 03:56 AM

I would purchase now instead of waiting, good target price for complete set under $10k would be good. GL on your search.

The Libertine · 26 November 2018, 05:11 AM

Price on the 5-digit GMT will only continue to increase over time. While there may be periods where the price decreases by a few hundred dollars (condition dependent, motivation of seller, etc.), if you’re expecting a decrease of a few thousand dollars - dream on.

My advice: if you find a model that meets all your criteria is to buy it.

DoctorA · 26 November 2018, 05:15 AM

I was looking for a 16710 about a year ago and it ranged from $6k to $7 k
Now they’re going for a crazy $10k+!!
I preferred to go with the new Pepsi instead for less money, full 5 year warranty, jubilee, and new movement.
I still admire the 5 digit but not worth the premium for me!

harvey · 26 November 2018, 05:30 AM

If you think $10k is a lot now, wait till next year...I’ve never seen the prices fall.

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Geo444 · 28 November 2018, 10:17 AM

Thank you everyone for your thoughts. It does not seem like earlier GMT prices are going to cool off any time soon. I will begin my search after the holidays.

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26 November 2018, 03:22 AM	#1
Geo444 "TRF" Member Join Date: Jul 2018 Location: Nh Watch: 16610 16570 Polar Posts: 127	Advice wanted on purchase of 16710 GMT I currently have only a two watch Rolex collection. I am considering adding a third which would be a 5 digit GMT master with coke bezel. Currently prices are in the 9 thousand dollar range. I would also like to add a speed master moon watch to the collection. Having a explorer II and a submariner already I am not in a huge rush to buy the GMT. With Rolex prices and demand near peak would it make more sense to pull the trigger on the speed master and look for a GMT at a later date after the Rolex market cools down a bit. Or are the earlier GMT's destined to continue to appreciate. I know no one has a crystal ball but any advice would be welcomed and appreciated. Sent from my SM-G965U using Tapatalk

26 November 2018, 03:38 AM	#3
ltmgeller 2024 ROLEX DATEJUST41 Pledge Member Join Date: Aug 2012 Real Name: Mike Location: New York Watch: Rolex Posts: 21,468	I don't think the 5 digit GMT price will go down at all. The longer you wait, the more you will spend. __________________ Oh, look at the time... Official Member: 'WIS-CON' Las Vegas International GTG 2019

26 November 2018, 03:42 AM	#4
Floorguy 2024 ROLEX DATEJUST41 Pledge Member Join Date: Feb 2013 Real Name: Rob Location: Parrish fl. Watch: Tt datejust 16233 Posts: 20,947	Bought my 16710 3 years ago from John (Springer), And prices are still climbing depending on condition! John knows his stuff, and is a great guy to deal with!! There are also others with nice sets out there with great reputations!! __________________ Rolex Omega Tag Heuer

26 November 2018, 03:56 AM	#5
Onequik135i "TRF" Member Join Date: Sep 2009 Location: Tampa, Florida Watch: 116610LV Posts: 2,439	I would purchase now instead of waiting, good target price for complete set under $10k would be good. GL on your search. __________________ 126710BLRO-0001 / 116610LV / 116613LB / Silver Snoopy / PAM24 / PAM111

26 November 2018, 05:15 AM	#7
DoctorA "TRF" Member Join Date: Oct 2017 Location: USA Posts: 6,523	I was looking for a 16710 about a year ago and it ranged from $6k to $7 k Now they’re going for a crazy $10k+!! I preferred to go with the new Pepsi instead for less money, full 5 year warranty, jubilee, and new movement. I still admire the 5 digit but not worth the premium for me! __________________ Wear the watch you like, not the one they tell you to wear!

26 November 2018, 03:33 AM	#2
dbfagan "TRF" Member Join Date: Aug 2014 Real Name: David Location: NOVA Posts: 531	I would expect the 5 digit GMT’s to continue to appreciate. You can still get a full set in mint condition in the 10k range. A guy named “springer” who hangs out on the vintage forum is a pretty good starting point for info. The new Speedmaster Professionals (classic moon watch) seem to be stuck in the 3-4K range. The tritium versions from the late 90’s are starting to appreciate past that though. Good luck with your search! David

26 November 2018, 05:11 AM	#6
The Libertine Banned Join Date: May 2014 Real Name: Mike Location: BOS Watch: 16710;14060;214270 Posts: 6,375	Price on the 5-digit GMT will only continue to increase over time. While there may be periods where the price decreases by a few hundred dollars (condition dependent, motivation of seller, etc.), if you’re expecting a decrease of a few thousand dollars - dream on. My advice: if you find a model that meets all your criteria is to buy it.

26 November 2018, 05:30 AM	#8
harvey "TRF" Member Join Date: Apr 2008 Location: rolexforums.com Posts: 5,383	If you think $10k is a lot now, wait till next year...I’ve never seen the prices fall. Sent from my iPhone using Tapatalk __________________ And ever has it been that love knows not its own depth until the hour of separation.

28 November 2018, 10:17 AM	#9
Geo444 "TRF" Member Join Date: Jul 2018 Location: Nh Watch: 16610 16570 Polar Posts: 127	Thank you everyone for your thoughts. It does not seem like earlier GMT prices are going to cool off any time soon. I will begin my search after the holidays. Sent from my SM-G965U using Tapatalk

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