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Old 18 September 2020, 02:48 PM   #61
favre12rodgers
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Actually....now that I look, the full gold Root Beer has gone up now. You used to be able to find one for $35k or so....looks like $38-39k at least is what it will run you now. This is just from March.
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Old 18 September 2020, 04:43 PM   #62
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The darkest hour is just before the dawn!

Inflation is striking hard in the US. A lot of dumb money out there ..

The market is preparing for a messy correction.
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Old 18 September 2020, 06:06 PM   #63
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Your such a great shopper, you just look up on the internet what it's worth and poof that's what it's worth !!
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Actually....now that I look, the full gold Root Beer has gone up now. You used to be able to find one for $35k or so....looks like $38-39k at least is what it will run you now. This is just from March.
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Old 18 September 2020, 06:06 PM   #64
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The darkest hour is just before the dawn!

Inflation is striking hard in the US. A lot of dumb money out there ..

The market is preparing for a messy correction.
Dumb is an understatement.

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Old 18 September 2020, 07:21 PM   #65
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Dumb is an understatement.

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Dumb as if someone told you back in 2017 that in 2018 the GMT will have a 100% premium when you could actually get it with a discount straight away at the time ..

If you think the market can only go in one direction - straight up - fine .. By the market correction I meant on a stock market which in turn will bring down the inflated prices of the Rolex watches on a grey market or make them more readily available at the local AD without long waiting lists ..
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Old 18 September 2020, 08:32 PM   #66
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I meant on a stock market which in turn will bring down the inflated prices of the Rolex watches on a grey market or make them more readily available at the local AD without long waiting lists ..

I'm not remotely bothered about the fluctuating cost or value of luxury gods providing they are adequately insured, but since you seem to know about this area, and my curiosity is up, can you point me to a peer reviewed published paper which demonstrates this?
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Old 18 September 2020, 10:58 PM   #67
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Actually....now that I look, the full gold Root Beer has gone up now. You used to be able to find one for $35k or so....looks like $38-39k at least is what it will run you now. This is just from March.
Gold price is also rocketing!
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Old 18 September 2020, 11:55 PM   #68
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Dumb is an understatement.

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Dumb is a bit harsh. I would say that the Rolex bubble is never gonna burst. Too many people with the money to afford one combined with supply that is carefully controlled.
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Old 19 September 2020, 12:23 AM   #69
Podmornica
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I'm not remotely bothered about the fluctuating cost or value of luxury gods providing they are adequately insured, but since you seem to know about this area, and my curiosity is up, can you point me to a peer reviewed published paper which demonstrates this?
"The UK economy suffered a bigger slump than any other major European economy in the second quarter, shrinking by a fifth and falling into its deepest recession on record."

https://www.ft.com/content/c8b172e2-...1-423e9a4b6839

Some will say - who cares, those affected by the recession were not the Rolex buyers anyway .. Not so sure about that ..

I don't think we will see much of the grey market price collapse, rather the availability improvement at the local AD due to upcoming inflation and recession. Unless, this whole situation is created straight from Rolex and they are cutting the supply.
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Old 19 September 2020, 02:13 AM   #70
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I'm not remotely bothered about the fluctuating cost or value of luxury gods providing they are adequately insured, but since you seem to know about this area, and my curiosity is up, can you point me to a peer reviewed published paper which demonstrates this?
I think his point is that a bear market in stocks would result in a reduction in discretionary luxury brand spending. Don't think you need a peer reviewed paper to acknowledge that.
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Old 19 September 2020, 02:16 AM   #71
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NOPE to BOTH your inaccurate statements.

It's a recent watch so by no means a classic. Prices don't make sense at all actually but to those who cannot wait or have fomo or like reading threads like this will happily pay over MSRP. Two tones are actually have historically weak pricing and can easily be obtained for UNDER MSRP.
If the CHNR wasnít the first Rolex to feature the black and chocolate dial, which Rolex was?
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Old 19 September 2020, 04:44 AM   #72
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I guess it depends on how many people have cash waiting in the wings to pounce once inventory becomes more readily available.
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Old 19 September 2020, 06:40 AM   #73
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I just purchased this watch for my wife. What a stunner. Great take here.

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Yep, agree this is a really bold statement watch for a woman. Looks great.
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Old 19 September 2020, 06:44 AM   #74
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Surprised this didn't happen sooner . In person the watch is a magnificent.

It really is nicer in person. But canít justify over MSRP


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Old 19 September 2020, 08:26 AM   #75
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I'm 100% decided that this is the next piece in my collection .. now comes the fun part -- finding one at the right price ..

my take on the recent price increase is that its driven by the recent rolex release.

prices on this piece should come back down to june levels soon i hope ..

i'd have no problem paying $16k for this watch .. but they want 18k right now..

i might be wrong and miss my chance -- but i doubt it.

if someone can help me get one from an AD let me know.
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Old 19 September 2020, 09:27 AM   #76
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This watch should trade above the pepsi/batgirl. I fully expect a price increase in gold watches with the recent rise in gold prices. my guess 5-10%.
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Old 19 September 2020, 09:29 AM   #77
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i just purchased one in AD last Saturday. Its the best watch i've owned by a mile. It's my 3rd rolex and my favorite one.
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Old 19 September 2020, 09:35 AM   #78
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i just purchased one in AD last Saturday. Its the best watch i've owned by a mile. It's my 3rd rolex and my favorite one.
Congrats! I hope the folks that want one get their soon!
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Old 19 September 2020, 10:00 AM   #79
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Congrats! I hope the folks that want one get their soon!
Perhaps, honesty they are not impossible to get but not super easy. I don't believe when people claim they saw 3 in a row and I live in Manhattan.
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Old 19 September 2020, 10:25 AM   #80
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Perhaps, honesty they are not impossible to get but not super easy. I don't believe when people claim they saw 3 in a row and I live in Manhattan.
I have my doubt as well!
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Old 19 September 2020, 12:23 PM   #81
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Dumb as if someone told you back in 2017 that in 2018 the GMT will have a 100% premium when you could actually get it with a discount straight away at the time ..

If you think the market can only go in one direction - straight up - fine .. By the market correction I meant on a stock market which in turn will bring down the inflated prices of the Rolex watches on a grey market or make them more readily available at the local AD without long waiting lists ..
He was agreeing with you lol
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Old 19 September 2020, 12:24 PM   #82
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Perhaps, honesty they are not impossible to get but not super easy. I don't believe when people claim they saw 3 in a row and I live in Manhattan.
Thatís one of the worst places to be in the US to get Rolex models :p
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Old 19 September 2020, 12:31 PM   #83
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I personally can't speak to the future values of any brands as I have not been collecting long enough, nor have researched price trends.
I can say that a few brands/models seem to actually be good investments for the moment. And since they will likely keep rising, I doubt they will fall hard enough to be losers at any time, aside from maybe a few which currently sell for double msrp. Those might take a hit imho.

I'd also say a watch is worth what someone is willing to pay. To me it seems that number is rising not only on the "usual suspects" (great movie am I right ?) but also pm watches more broadly.

I am also willing to put money on most of the new colorful rollies sitting on shelves. I would guess they already made too many of those and they don't sell out before the next run.

There !
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Old 19 September 2020, 12:51 PM   #84
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I personally can't speak to the future values of any brands as I have not been collecting long enough, nor have researched price trends.
I can say that a few brands/models seem to actually be good investments for the moment. And since they will likely keep rising, I doubt they will fall hard enough to be losers at any time, aside from maybe a few
Or maybe this already is the peak and buying anything at grey pricing now is a losing proposition.

Be careful out there
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Old 19 September 2020, 12:52 PM   #85
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i'd agree on certain references for sure. 5711, 116500ln to name a few
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Old 19 September 2020, 12:56 PM   #86
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i'd agree on certain references for sure. 5711, 116500ln to name a few
If Patek discontinued the 5711 tomorrow I still don’t think that price would hold 5 years from now with the amount in circulation. $75k for a basic 3 hand stainless sport watch? Lol mark that down as an easy way to lose $50k in 10 years, so silly.


But hey, maybe you’ll get some IG likes in the process
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Old 19 September 2020, 03:11 PM   #87
favre12rodgers
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Your such a great shopper, you just look up on the internet what it's worth and poof that's what it's worth !!

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Um...OK? They are worth whatever the common selling prices are. I've been tracking the TT and full RG since they came out. Bottom line is the price went up....whether you like it or you don't. People are paying these prices....whether you like it or you don't. The Hulk is going up and up because PEOPLE ARE PAYING THE PRICE.
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Old 19 September 2020, 03:15 PM   #88
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The darkest hour is just before the dawn!

Inflation is striking hard in the US. A lot of dumb money out there ..

The market is preparing for a messy correction.
Or maybe the sky isn't falling like some want you to believe. Pretty sure most adults pre and post COVID have a good sense of their financial well-being, and if they are buying luxury goods....then maybe it just isn't that bad for those of us who actually aren't bartenders or servers.

I started hearing about this "correction" back when the Dow was 19k.....and now, 6 months later and 10k points higher.
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Old 19 September 2020, 04:11 PM   #89
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Thatís one of the worst places to be in the US to get Rolex models :p
I though NYC is one of the most favorable
Place to get a Rolex.
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Old 19 September 2020, 04:51 PM   #90
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He was agreeing with you lol
Do apologize. English is not my first language, I thought he's calling me dumb for some reason ..
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