The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 15 September 2018, 10:49 AM   #1
Jblpro74
"TRF" Member
 
Jblpro74's Avatar
 
Join Date: Jul 2015
Location: Austin
Posts: 84
Is the market softening on the 126710?

Seems like prices are coming down a tad.
Please share your opinion on the right strike price


Sent from my iPhone using Tapatalk
Jblpro74 is online now   Reply With Quote
Old 15 September 2018, 08:33 PM   #2
037
2024 Pledge Member
 
037's Avatar
 
Join Date: Feb 2018
Location: USA
Posts: 6,171
MSRP is when I will strike and strike hard.

Boom.
037 is offline   Reply With Quote
Old 15 September 2018, 08:38 PM   #3
tyler1980
"TRF" Member
 
tyler1980's Avatar
 
Join Date: Apr 2015
Location: Houston
Posts: 17,622
i dont think prices are sustainable long term, however i think 15k is the floor for the medium/long-ish term, but we are not there yet. David SW prices are still 19.5k
__________________
Instagram: tyler.watches
current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition)
tyler1980 is offline   Reply With Quote
Old 15 September 2018, 08:38 PM   #4
Andad
2024 ROLEX DATEJUST41 Pledge Member
 
Andad's Avatar
 
Join Date: Nov 2006
Real Name: Eddie
Location: Australia
Watch: A few.
Posts: 36,792
Yeah, I saw one for sale today for $19600.

A steal.
__________________
E

Andad is offline   Reply With Quote
Old 15 September 2018, 08:41 PM   #5
HL65
TRF Moderator & 2024 DATE-JUST41 Patron
 
HL65's Avatar
 
Join Date: Dec 2007
Real Name: Ken
Location: SW Florida
Watch: One on my wrist.
Posts: 63,389
I don't think they are softening much with well known sellers asking $19K plus and unknowns asking $18k. Also there has been only one page of ads which at same time versus the 116500 is pretty paltry. Also with Rolex factory shutting down as they always down around this time of year and supply super tight don't see much changing any time soon.

https://www.rolexforums.com/search.p...rchid=20936938

PS I don't bother checking Chrono24 either as most of their ads are fishing expeditions where they don't even own watch.
__________________

SPEM SUCCESSUS ALIT
HL65 is offline   Reply With Quote
Old 15 September 2018, 08:44 PM   #6
Andad
2024 ROLEX DATEJUST41 Pledge Member
 
Andad's Avatar
 
Join Date: Nov 2006
Real Name: Eddie
Location: Australia
Watch: A few.
Posts: 36,792
Quote:
Originally Posted by 037 View Post
MSRP is when I will strike and strike hard.

Boom.
But too late to enjoy it.
__________________
E

Andad is offline   Reply With Quote
Old 15 September 2018, 08:49 PM   #7
DoctorA
"TRF" Member
 
DoctorA's Avatar
 
Join Date: Oct 2017
Location: USA
Posts: 6,523
I believe it will come down a bit! It all depends on how much rolex will decide to produce and what will come out in Basel 2019!
Daytona prices settled a bit when skyD was released then went back up again. If they produce as many as the hulk then I expect $11k to $13k but if they continue to be stingy with it then I expect $20K plus!
__________________
Wear the watch you like, not the one they tell you to wear!
DoctorA is offline   Reply With Quote
Old 15 September 2018, 08:54 PM   #8
037
2024 Pledge Member
 
037's Avatar
 
Join Date: Feb 2018
Location: USA
Posts: 6,171
Quote:
Originally Posted by directioneng View Post
But too late to enjoy it.
I'm not on Death's door just yet.
037 is offline   Reply With Quote
Old 15 September 2018, 09:02 PM   #9
mstauqir
"TRF" Member
 
Join Date: Feb 2018
Location: Texas
Posts: 233
Would never pay twice the MSRP- just wouldn't do it! I think it will settle in a couple of years.
mstauqir is offline   Reply With Quote
Old 15 September 2018, 09:14 PM   #10
Mick8moses
"TRF" Member
 
Mick8moses's Avatar
 
Join Date: Jun 2011
Real Name: Mick
Location: Atlanta
Posts: 1,523
No way over MSRP for me.


Sent from my iPhone using Tapatalk Pro
Mick8moses is offline   Reply With Quote
Old 15 September 2018, 09:19 PM   #11
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,220
It's a big hit, can't see much downwards pressure until Basel when something new might rival it, maybe a CokeC.
AK797 is offline   Reply With Quote
Old 15 September 2018, 09:53 PM   #12
exador
Banned
 
Join Date: Dec 2014
Location: NZ
Posts: 2,600
exador is offline   Reply With Quote
Old 15 September 2018, 09:55 PM   #13
DoctorA
"TRF" Member
 
DoctorA's Avatar
 
Join Date: Oct 2017
Location: USA
Posts: 6,523
Quote:
Originally Posted by exador View Post
What’s the name of that website?
Thanks
__________________
Wear the watch you like, not the one they tell you to wear!
DoctorA is offline   Reply With Quote
Old 15 September 2018, 10:06 PM   #14
exador
Banned
 
Join Date: Dec 2014
Location: NZ
Posts: 2,600
Quote:
Originally Posted by DoctorA View Post
What’s the name of that website?
Thanks
Chrono24. I know that some of the members here have a particular distain for the sellers that advertise there, but it is a valid indicator of grey market prices.
exador is offline   Reply With Quote
Old 15 September 2018, 11:22 PM   #15
DoctorA
"TRF" Member
 
DoctorA's Avatar
 
Join Date: Oct 2017
Location: USA
Posts: 6,523
Quote:
Originally Posted by exador View Post
Chrono24. I know that some of the members here have a particular distain for the sellers that advertise there, but it is a valid indicator of grey market prices.
Excuse my ignorance, how do you creat such a chart? I looked on chromo24 but couldn’t find the tool to do it
Thanks again!
__________________
Wear the watch you like, not the one they tell you to wear!
DoctorA is offline   Reply With Quote
Old 15 September 2018, 11:40 PM   #16
Annan
"TRF" Member
 
Annan's Avatar
 
Join Date: Jun 2011
Real Name: Ron
Location: Arizona, USA
Watch: 116233
Posts: 3,177
Quote:
Originally Posted by AK797 View Post
It's a big hit, can't see much downwards pressure until Basel when something new might rival it, maybe a CokeC.
__________________
so many Rolexes.....so little time
Annan is offline   Reply With Quote
Old 15 September 2018, 11:43 PM   #17
watchwatcher
"TRF" Member
 
watchwatcher's Avatar
 
Join Date: Jan 2009
Real Name: Larry
Location: Kentucky
Watch: Yes
Posts: 34,479
Good question. I'll draw (somewhat) of a parallel with the BLNR...

When it was released, its pricing stayed pretty solid on the secondary market, right up there at MSRP. We all kept waiting for the drop, which was pretty normal in the pre-hysteria days. After all, you could have great deals on the LN, mid to high 6's, low 7's without breaking a sweat. Never came. Now that we are full-fledged Rolex hysteria, it commands a premium, and a pretty hefty one at that. Hmm...

So. We have the BLNR with a very solid showing when times were (relatively) pretty soft with the secondary market. Now, enter the BLRO. It has entered the lineup with a 10+k premium, never seen the light of day at MSRP on the secondary market. Where's it going to go? TBH, I have no idea. These are crazy times indeed.

Better question...what's the "strike point?" I would say now, gun to head. Many scoffed and derided the 3-4k premium that the D500 commanded right out of the gate...now if you put one up for sale at 15-16k, the mods would be on you for a scam alert before the ink dried.
watchwatcher is offline   Reply With Quote
Old 15 September 2018, 11:45 PM   #18
piratepress
"TRF" Member
 
piratepress's Avatar
 
Join Date: Mar 2016
Location: Mobile, AL
Watch: BLNR
Posts: 744
Quote:
Originally Posted by directioneng View Post
But too late to enjoy it.
Indeed, first on the list at my AD and still no word on when they will receive one. A lot of my ardor has cooled for it.
piratepress is offline   Reply With Quote
Old 16 September 2018, 12:06 AM   #19
tjbender
2024 Pledge Member
 
tjbender's Avatar
 
Join Date: Sep 2011
Real Name: Tim
Location: SF Bay Area
Posts: 2,324
Yes. I feel the market as a whole is, actually.
tjbender is offline   Reply With Quote
Old 23 September 2018, 03:32 AM   #20
RayShepherd
Banned
 
Join Date: Jul 2018
Location: United States
Posts: 102
Might be lucky
RayShepherd is offline   Reply With Quote
Old 23 September 2018, 05:15 AM   #21
exador
Banned
 
Join Date: Dec 2014
Location: NZ
Posts: 2,600
Definitely softening. Asking prices in the 17s now whereas only a few weeks ago, DavidSW was asking $21K...
exador is offline   Reply With Quote
Old 23 September 2018, 05:20 AM   #22
MonBK
Banned
 
Join Date: Nov 2010
Location: Kingstown
Posts: 58,281
AD's are stocking up, greys are going down.
MonBK is offline   Reply With Quote
Old 23 September 2018, 05:22 AM   #23
Sarosh
"TRF" Member
 
Sarosh's Avatar
 
Join Date: Jul 2017
Location: London
Watch: BLNR
Posts: 2,218
Quote:
Originally Posted by MonBK View Post
AD's are stocking up, greys are going down.
Thats the wishful thinking we all have!
__________________
-----

“It’s a watch, it tells time. Not much else”
Sarosh is offline   Reply With Quote
Old 23 September 2018, 05:23 AM   #24
MonBK
Banned
 
Join Date: Nov 2010
Location: Kingstown
Posts: 58,281
Quote:
Originally Posted by Sarosh View Post
Thats the wishful thinking we all have!
Your wish is about to come true.
MonBK is offline   Reply With Quote
Old 23 September 2018, 05:24 AM   #25
Sarosh
"TRF" Member
 
Sarosh's Avatar
 
Join Date: Jul 2017
Location: London
Watch: BLNR
Posts: 2,218
Quote:
Originally Posted by MonBK View Post
Your wish is about to come true.
If it does, there’s a pint with your name on it Mon.!!!
__________________
-----

“It’s a watch, it tells time. Not much else”
Sarosh is offline   Reply With Quote
Old 23 September 2018, 05:43 AM   #26
kdqq
"TRF" Member
 
Join Date: Mar 2015
Location: USA/Canada
Posts: 166
It may come down in 2-3 years but now 2018//2019...
kdqq is offline   Reply With Quote
Old 23 September 2018, 05:44 AM   #27
MonBK
Banned
 
Join Date: Nov 2010
Location: Kingstown
Posts: 58,281
Quote:
Originally Posted by Sarosh View Post
If it does, there’s a pint with your name on it Mon.!!!
MonBK is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DavidSW Watches

Coronet

Takuya Watches

Bobs Watches

Asset Appeal

My Watch LLC

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.