BLRO resale affected?

[EightTenths]

Originally Posted by masyv6

If you are buying a PM Rolex and hoping it seriously maintains resale value, I think you're making a mistake. At the same time, I agree that if one does make that mistake, they are more at risk for Rolex releasing a similar watch in a steel or two-tone.

Well said

[Alpino]

.

Rolex already anticipated the price decrease on WG pepsi ...


There's a 4% MSRP decrease on the blue dial version compared to the "old" black dial

[Roll the Lex]

Originally Posted by kilyung

Will Rolex allow current WG BLRO owners to swap to a blue dial (assuming it’s technically possible) to help differentiate it?

No way... I just want my watch to be as is- with the black dial.

[psv]

I was just in Vegas, and took the opportunity to talk to 3 different Rolex ADs there. They all had 116719 sitting the cases, and said it just doesn't move. People that spend $37K on a gold watch generally want to show it off, not have one looking like a stainless steel watch. Additionally, the used prices for the 116719 quickly settled around $22K-$24K, and always took a long time to move.

I don't expect any of that to change. Personally, I was never sold on the jetblack dial with the blue/red combo, so I think the new blue dial will look very nice, but again, it will be a slow mover.

I think used 116719 will remain around the same.

[brandrea]

As pointed out in another thread, Rolex is reacting to a slowing sales volume in PM references. 10 K watches are their focus and we’re probabaly going to see more of the same.

[lucevan le stelle]

Originally Posted by Terrakot

Since the WG BLRO so “rare bird” I guess the prices will rise

If you take the long view, this could be the answer. I certainly would hold the course on ownership if I liked and enjoyed the watch.

[FTX I]

Originally Posted by brandrea

As pointed out in another thread, Rolex is reacting to a slowing sales volume in PM references. 10 K watches are their focus and we’re probabaly going to see more of the same.

It's interesting how we change our perception my friend. Not long ago, when shortage was at its summit, we had threads here about Rolex ditching SS watches and moving towards PM. And now we see the opposite..

[timtom33]

Originally Posted by Alpino

.

Rolex already anticipated the price decrease on WG pepsi ...


There's a 4% MSRP decrease on the blue dial version compared to the "old" black dial

Well spotted. They really are turning into a ruthless company. Just chasing profits now obviously. What is the point of white gold if it doesn’t have special details available on no other model? The new blue dial looks worse! Makes it look like a sub or something! I already think it’s gone too far on the sheer variety they have now and most of their watches look ridiculous now. Look how many Daytona variations there are! Half of those are just aimed at footballers wives! I genuinely believe the brand is losing it way...

[Speed]

Originally Posted by bluebeamer

Forgive me if there is a topic on this already, but will this new Pepsi drastically affect the resale of the BLRO? Asking for a friend who’s kinda panicking now..


Sent from my iPhone using Tapatalk

Why is he panicking?

Does he not enjoy his watch anymore?

[rmlovett1]

“What is the point of white gold if it doesn’t have special details available on no other model?”


I thought the special details exclusive to this WG model were..... has a blue dial and WG oyster bracelet, available on NO OTHER GMT..

[c41006]

Originally Posted by timtom33

What Rolex have done is crazy. I love the white gold BRLO and wanted one, but would I buy one now? No, never. Nor would I buy the new steel Pepsi on the jubilee. It doesn’t work for me. They killed it all round for me and this is one huge slap in the face for anyone who paid top dollar for the white gold version. Rolex seem to be moving towards making lots of cheaper watches that the masses can all wear. Shame.

Time to upgrade to Patek perhaps...

That doesn't seem to be what Rolex is doing at all. Quite the opposite actually.

[Scanspeakman]

Originally Posted by timtom33

Well spotted. They really are turning into a ruthless company. Just chasing profits now obviously.

Isn't this what every company is after? If they don't they won't exist for very long. And Rolex would be able to make much more money if they start pushing out Daytona c's by the thousands. And they don't.

And the whole discussion about white gold; I like white gold (and platinum for the same reason) because it is more "under the radar". But every time I put on a watch of those materials I feel the weight and I know what it is. That's what is most important. I could not care less what other people think about it. Only if it feels special to me. Most people do not care about watches anyway and do not spot the difference between a $ 50 fashion watch or a $ 25000 blue subc.

The BLRO is still a beautiful watch (I like it more than the new model because of the jubilee bracelet; I don't like it) and in a while other people will realize that as well. May be in the short run the price will take a dip but in the long run not that much. People seem to forget that the models with the biggest rise in value in the long run are usually models that did not sell very well when they were current models (Daytona Paul Newman, original Milgauss, etc).

Scanspeakman

[firstOwatch]

Originally Posted by timtom33

Well spotted. They really are turning into a ruthless company. Just chasing profits now obviously. What is the point of white gold if it doesn’t have special details available on no other model? The new blue dial looks worse! Makes it look like a sub or something! I already think it’s gone too far on the sheer variety they have now and most of their watches look ridiculous now.

Look how many Daytona variations there are! Half of those are just aimed at footballers wives! I genuinely believe the brand is losing it way...

[encarter13]

The SS Pepsi might knock the BLRO down on price, but not much.

However, that new blue face WG is terrible!

[jonnyz1245]

Originally Posted by kilyung

Who knows? Depends on a number of things. Will the new SS BLRO accept oyster bracelets from other models thus making it look like WG or is it stuck with jubilee? Will Rolex allow current WG BLRO owners to swap to a blue dial (assuming it’s technically possible) to help differentiate it?

Short term reaction is probably a drop but the WG BLRO with black dial only had a short 4yr run so maybe it’ll keep its value?

In the Hodinkee video review of the new SS Pepsi they specifically say that the only bracelet that will fit on the watch is the Jubilee. I think on that front, the wg version will be differentiated.

[ras47]

The 16710's and earlier BLRO's are so different from the new one that they're different watches altogether. I don't see the new model effecting prices of the older ones at all. Would the Tudor GMT Pepsi effect Rolex prices? Or any of the other Rolex GMT copies made by everyone else?

[mobster600]

Yes he is going to lose money definitely. There is no question about it.

Look at the prices of the 118208...solid gold oyster bracelet day-date used for ~14k. Why? Because you can get a date just for a fraction of that.

My prediction is WG BLRO is going to get the $18k range. The rationale is back when the economy was bad the 18k YG GMT got to that range.

[Terrakot]

Is it stockbrokers forum?)

I think the situation will be the same as WG Skydwellers market reaction on SS SkyD release

[joli160]

Originally Posted by encarter13

The SS Pepsi might knock the BLRO down on price, but not much.

However, that new blue face WG is terrible!

The same was said about the 116610LV and 16610LV when introduced. Now everybody wants them

[AK797]

Originally Posted by Alpino

.

Rolex already anticipated the price decrease on WG pepsi ...


There's a 4% MSRP decrease on the blue dial version compared to the "old" black dial

The price cut in this market is a tough pill. I believe some were saying the Smurf has had a price cut as well.

[Golf&Watches]

I love my 116719, it's not leaving my rotation, it's the best watch I own! PP's and AP's have come and most have gone (still own one Offshore... and nine Rolex), for anybody that owns this origina,l they connected with it, and loved it (some didn't and moved on). It's the original, a keeper; time will tell whether it's coveted, though short run originals sold in small volumes have a history of doing OK!��������

[Paul_I]

Originally Posted by timtom33

Rolex seem to be moving towards making lots of cheaper watches that the masses can all wear. Shame.

Time to upgrade to Patek perhaps...

Dumb comment.