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offrdmania · 24 June 2020, 10:54 PM

I have noticed that the popular hot pieces have ticked up in price about 10% over the last week or two. I am definitely not paying $34K for a 5167a.

chiscott_29 · 24 June 2020, 11:28 PM

I get the sense prices are ticking up too, although in my opinion they never really went down.

I am not sure what you are using as a pricing reference, but as a general rule you cannot go by pricing on C24. The prices listed there are nothing more than a game that is controlled by gray dealers. Nobody is paying those prices.

Patton250 · 24 June 2020, 11:43 PM

I remember all the threads back in March and April on how prices would crash and everyone just needed to wait. I upset several individuals that I think complained about me and even blocked me when I said that wasn’t going to happen. And here we go.

S`` · 25 June 2020, 12:05 AM

Quote:

Originally Posted by Patton250

I remember all the threads back in March and April on how prices would crash and everyone just needed to wait. I upset several individuals that I think complained about me and even blocked me when I said that wasn’t going to happen. And here we go.

can't please everyone

AK797 · 25 June 2020, 12:59 AM

UK lockdown ends on Jul 4 and other countries are now trying to get back to normal, so greys will try this too as life was sweet back then, we shall have to see if there is enough money willing to be spent on these trinkets in this post Covid world, I suspect there shall.

Pim · 25 June 2020, 01:16 AM

People just shouting everything without any sense.
WOS will go bankrupt, prices are dropping, rolex not going to be populair much longer.. blabla

Prices dropping
WOS going down

dauster · 25 June 2020, 01:53 AM

Quote:

Originally Posted by offrdmania

I have noticed that the popular hot pieces have ticked up in price about 10% over the last week or two. I am definitely not paying $34K for a 5167a.

didn't know prices ever went down?!?

Token74 · 25 June 2020, 02:13 AM

My collection has gone up 10% in the last month if Chrono24 is to be believed. I always assume the value of my watches is about 20% lower than Chrono advertised prices, but deffo a rise recently, regardless of the real amounts.

Sent from my iPhone using Tapatalk

offrdmania · 25 June 2020, 02:18 AM

I never use C24 as a benchmark. I look at about 20 sources when looking at trends. As an example, about a month ago I could have picked up a newer 5167a with b&p for just above $27k. Today, I’m having a hard time finding anything under 32k. I could probably get one at 30k if I was serious about buying it but I refuse to pay anywhere near that out of principle.

SL BRABUS · 25 June 2020, 02:58 AM

https://www.rolexforums.com/showthre...9#post10681809

I mention on the other thread last week..^^^..

Recap on last week what I mention by reading my bottom post......

Quote:

Originally Posted by SL BRABUS

Surprisingly the price of the 5167 are strong once again...... In the high 35k - 40k....

David SW just list two 5167 this past weekend in the low 31k - 33k, thinking this kind of economy it would be hard to move those watch......

Guess what...... Both 5167 sold over the weekend.....

https://davidsw.com/watches/patek-ph...a-aquanaut-13/

The first one, 5167 on bracelet sold less than 24hr.....^^^......

https://davidsw.com/watches/patek-ph...a-aquanaut-14/

The second one, 5167 on rubber sold on Sunday....^^^....

Quote:

Originally Posted by SL BRABUS

https://www.youtube.com/watch?v=9ZXr-bTRgpo

...^^^....Start the video at 2:47 "Life's New Normal and Strong Pricing in Steel Sports Watches"...^^^...

This was post 4 days ago on youtube......^^^.....Mike Manjos form WatchBox say surprisingly the price on Aquanaut and Nautilus are strong on the market, also most SS sport models Rolex continued to show strong demand.....

cbalster · 25 June 2020, 03:06 AM

Several pieces did not make reserve today at Sotheby's, though perhaps some reserves such as white dial Patek 5711 were too high. Seems like blue 5711 mint FV is low $60s. I think it dipped into the $50s at one point this year and perhaps saw an all time high of $75k?

dauster · 25 June 2020, 03:34 AM

Quote:

Originally Posted by cbalster

Several pieces did not make reserve today at Sotheby's, though perhaps some reserves such as white dial Patek 5711 were too high. Seems like blue 5711 mint FV is low $60s. I think it dipped into the $50s at one point this year and perhaps saw an all time high of $75k?

interesting... seems to be a much better indicator than chrono24.

sgfortino · 25 June 2020, 04:45 AM

Quote:

Originally Posted by cbalster

Several pieces did not make reserve today at Sotheby's, though perhaps some reserves such as white dial Patek 5711 were too high. Seems like blue 5711 mint FV is low $60s. I think it dipped into the $50s at one point this year and perhaps saw an all time high of $75k?

5712 at nearly $69k though. Definitely some strong showings for others while several had no bids.

S`` · 25 June 2020, 10:50 AM

A 2008 5167A was sold for almost $44k. Make of it as you will...

aj_tucker · 26 June 2020, 12:02 AM

FWIW I sold a 2020 5167a in nearly perfect condition for $32k in mid-April

dardeca · 26 June 2020, 12:53 AM

Quote:

Originally Posted by sgfortino

5712 at nearly $69k though. Definitely some strong showings for others while several had no bids.

That's $69k for a 2011 with archive papers and no box, etc. Pretty strong price if you ask me.

S`` · 26 June 2020, 01:04 AM

Quote:

Originally Posted by dardeca

That's $69k for a 2011 with archive papers and no box, etc. Pretty strong price if you ask me.

Super strong... Unexpected...

A 2008 5617A, complete set was just slightly under $44K too.

SL BRABUS · 26 June 2020, 01:39 AM

Clearly the price of the Aquanaut 5167 creeping up and remain strong.....

https://davidsw.com/watches/patek-ph...667a-aquanaut/

As of today, David SW TRF trusted dealer here just list 5167 for $33,975....^^^....

bob101 · 26 June 2020, 02:08 AM

Quote:

Originally Posted by dardeca

That's $69k for a 2011 with archive papers and no box, etc. Pretty strong price if you ask me.

Yeah, the 5712R surprisingly strong also.

hpod · 28 June 2020, 08:09 AM

If we see the grey market, there is probably enough stock out there to fulfill quite a large quantam of demand. I dont understand why some of these pieces manage to stay so expensive and above list price. Also if there are so many people who own certain hype watches like the Rolex Submariner / GMT / Daytona (for example) ... then is there really any exclusivity in paying the premium for some of these watches anymore.

GreenLantern · 28 June 2020, 08:11 AM

It's an unregulated opaque market. Lots of price fixing, supply hoarding, etc., going on.

That's why you don't see pricing moving with true demand, and why you see some greys with 20 Hulks and 30 SS Daytonas in stock.

Pim · 28 June 2020, 08:25 AM

Quote:

Originally Posted by GreenLantern

It's an unregulated opaque market. Lots of price fixing, supply hoarding, etc., going on.

That's why you don't see pricing moving with true demand, and why you see some greys with 20 Hulks and 30 SS Daytonas in stock.

Sad but true, and it is not going to end soon

GreenLantern · 28 June 2020, 08:32 AM

It's always funny when you see a grey dealer on Instagram post a pic of 30 Hulks claiming "SUPER RARE, GET THEM WHILE YOU CAN!" :D

4vCoupe · 28 June 2020, 09:24 AM

Quote:

Originally Posted by GreenLantern

It's an unregulated opaque market. Lots of price fixing, supply hoarding, etc., going on.

That's why you don't see pricing moving with true demand, and why you see some greys with 20 Hulks and 30 SS Daytonas in stock.

Agreed

Sent from my iPhone using Tapatalk Pro

GreenLantern · 28 June 2020, 09:26 AM

Also, I love seeing either Rolex or Patek, or their ADs, or the large greys, bidding up "common" pieces at auction.

Here's a set of lovely examples:

https://www.instagram.com/p/CB8kQnGngkv/

From today's auction.

Bearxj86 · 28 June 2020, 12:09 PM

Quote:

Originally Posted by GreenLantern

Also, I love seeing either Rolex or Patek, or their ADs, or the large greys, bidding up "common" pieces at auction.

Here's a set of lovely examples:

https://www.instagram.com/p/CB8kQnGngkv/

From today's auction.

My theory is. I be billionaire, I walk into auction to buy 1518 and 2499 with budget of $5M.

I see some nice rollies, I spent more money on my penthouse suite last night and I haven't actually found the time to play with the new Batgirl and Pepsi. I just buy em for kicks and giggles. After I am done, my sidechicks Tiffany and Monica will get them as gifts.

GreenLantern · 28 June 2020, 12:20 PM

Nice theory, but sadly I think the reality is more nefarious than that.

I do have it on good authority that some brands, some of the bigger ADs, and some Greys, do play the game of running up some values. And if they end up holding the watch in the end, then it was worth the gamble.

yoast · 28 June 2020, 01:34 PM

Quote:

Originally Posted by GreenLantern

Also, I love seeing either Rolex or Patek, or their ADs, or the large greys, bidding up "common" pieces at auction.

Here's a set of lovely examples:

https://www.instagram.com/p/CB8kQnGngkv/

From today's auction.

this is a good example of money laundring

GreenLantern · 28 June 2020, 05:21 PM

Quote:

Originally Posted by yoast

this is a good example of money laundring

Haha, indeed. It's just rare that I see something that you usually see in movies, happening in real time, in real life.

GreenLantern · 28 June 2020, 05:22 PM

Quote:

Originally Posted by GreenLantern

It's an unregulated opaque market. Lots of price fixing, supply hoarding, etc., going on.

That's why you don't see pricing moving with true demand, and why you see some greys with 20 Hulks and 30 SS Daytonas in stock.

In case anyone was wondering:

https://www.instagram.com/p/CB7paXaB2y0/

24 June 2020, 10:54 PM	#1
offrdmania 2024 ROLEX DATEJUST41 X2 Pledge Member Join Date: May 2008 Real Name: Matt Location: Wine Country, Ca Posts: 5,849	Hot pieces are starting to tick back up on the gray market I have noticed that the popular hot pieces have ticked up in price about 10% over the last week or two. I am definitely not paying $34K for a 5167a. __________________ TRF Member 11738

24 June 2020, 11:43 PM	#3
Patton250 2024 Pledge Member Join Date: Oct 2015 Real Name: Brett Location: Florida Watch: 5205R Posts: 5,158	I remember all the threads back in March and April on how prices would crash and everyone just needed to wait. I upset several individuals that I think complained about me and even blocked me when I said that wasn’t going to happen. And here we go. __________________ Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250

25 June 2020, 02:13 AM	#8
Token74 "TRF" Member Join Date: Dec 2012 Real Name: Vince Location: England Watch: Too many! Posts: 5,707	My collection has gone up 10% in the last month if Chrono24 is to be believed. I always assume the value of my watches is about 20% lower than Chrono advertised prices, but deffo a rise recently, regardless of the real amounts. Sent from my iPhone using Tapatalk __________________ Time is limited, make every second count. Patek Philippe Nautilus 5990 - AP Royal Oak 15300 - AP Royal Oak 15450 Blue - AP Royal Oak 15450 Silver - AP Royal Oak Offshore 26480 - Royal Oak Offshore 15710 - Rolex Sea Dweller 116600 - Rolex Daytona 116519 - Rolex GMT 126710 BLRO - Omega Speedmaster Reduced - JLC Reverso GMT Moonphase - TAG Microtimer - Dent Pocket Watch - JLC Atmos Phases de lune

25 June 2020, 02:18 AM	#9
offrdmania 2024 ROLEX DATEJUST41 X2 Pledge Member Join Date: May 2008 Real Name: Matt Location: Wine Country, Ca Posts: 5,849	I never use C24 as a benchmark. I look at about 20 sources when looking at trends. As an example, about a month ago I could have picked up a newer 5167a with b&p for just above $27k. Today, I’m having a hard time finding anything under 32k. I could probably get one at 30k if I was serious about buying it but I refuse to pay anywhere near that out of principle. __________________ TRF Member 11738

26 June 2020, 01:39 AM	#18
SL BRABUS "TRF" Member Join Date: Mar 2009 Location: U.S.A Watch: Only Rolex & Patek Posts: 3,345	Clearly the price of the Aquanaut 5167 creeping up and remain strong..... https://davidsw.com/watches/patek-ph...667a-aquanaut/ As of today, David SW TRF trusted dealer here just list 5167 for $33,975....^^^.... __________________ Rolex Forum: Mainly Rolex & Benz pictures...!!! Click the above link to join the club...^^^... "SL BRABUS" aka BenzWorld Undercover Moderator

24 June 2020, 11:28 PM	#2
chiscott_29 2024 Pledge Member Join Date: Jul 2019 Location: USA Watch: Rolex, ALS, Omega Posts: 1,231	I get the sense prices are ticking up too, although in my opinion they never really went down. I am not sure what you are using as a pricing reference, but as a general rule you cannot go by pricing on C24. The prices listed there are nothing more than a game that is controlled by gray dealers. Nobody is paying those prices.

25 June 2020, 12:59 AM	#5
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,230	UK lockdown ends on Jul 4 and other countries are now trying to get back to normal, so greys will try this too as life was sweet back then, we shall have to see if there is enough money willing to be spent on these trinkets in this post Covid world, I suspect there shall.

25 June 2020, 01:16 AM	#6
Pim Banned Join Date: Jun 2019 Location: Netherlands Posts: 515	People just shouting everything without any sense. WOS will go bankrupt, prices are dropping, rolex not going to be populair much longer.. blabla Prices dropping WOS going down

25 June 2020, 03:06 AM	#11
cbalster "TRF" Member Join Date: Mar 2019 Location: Hillsborough Posts: 729	Several pieces did not make reserve today at Sotheby's, though perhaps some reserves such as white dial Patek 5711 were too high. Seems like blue 5711 mint FV is low $60s. I think it dipped into the $50s at one point this year and perhaps saw an all time high of $75k?

25 June 2020, 10:50 AM	#14
S`` "TRF" Member Join Date: Mar 2012 Location: Not Mars Posts: 1,004	A 2008 5167A was sold for almost $44k. Make of it as you will...

26 June 2020, 12:02 AM	#15
aj_tucker "TRF" Member Join Date: Jun 2019 Location: New York Watch: Daytona 116500 Posts: 172	FWIW I sold a 2020 5167a in nearly perfect condition for $32k in mid-April

28 June 2020, 08:09 AM	#20
hpod "TRF" Member Join Date: Jun 2020 Location: Mumbai Posts: 28	If we see the grey market, there is probably enough stock out there to fulfill quite a large quantam of demand. I dont understand why some of these pieces manage to stay so expensive and above list price. Also if there are so many people who own certain hype watches like the Rolex Submariner / GMT / Daytona (for example) ... then is there really any exclusivity in paying the premium for some of these watches anymore.

28 June 2020, 08:11 AM	#21
GreenLantern "TRF" Member Join Date: Oct 2016 Location: Montana Posts: 3,223	It's an unregulated opaque market. Lots of price fixing, supply hoarding, etc., going on. That's why you don't see pricing moving with true demand, and why you see some greys with 20 Hulks and 30 SS Daytonas in stock.

28 June 2020, 08:32 AM	#23
GreenLantern "TRF" Member Join Date: Oct 2016 Location: Montana Posts: 3,223	It's always funny when you see a grey dealer on Instagram post a pic of 30 Hulks claiming "SUPER RARE, GET THEM WHILE YOU CAN!" :D

28 June 2020, 09:26 AM	#25
GreenLantern "TRF" Member Join Date: Oct 2016 Location: Montana Posts: 3,223	Also, I love seeing either Rolex or Patek, or their ADs, or the large greys, bidding up "common" pieces at auction. Here's a set of lovely examples: https://www.instagram.com/p/CB8kQnGngkv/ From today's auction.

28 June 2020, 12:20 PM	#27
GreenLantern "TRF" Member Join Date: Oct 2016 Location: Montana Posts: 3,223	Nice theory, but sadly I think the reality is more nefarious than that. I do have it on good authority that some brands, some of the bigger ADs, and some Greys, do play the game of running up some values. And if they end up holding the watch in the end, then it was worth the gamble.

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