The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Classifieds > WatchOut!!!

Closed Thread
 
Thread Tools Display Modes
Old 29 September 2022, 09:43 AM   #1201
QuelleHeureEstIl
Banned
 
Join Date: Feb 2021
Location: Gnèèève
Posts: 595
Quote:
Originally Posted by jfmiii View Post
The guys who get watches from ADs thinking they can flip for thousands of dollars of profit because they look at prices on chrono24 are in for a rude awakening.
My guess is that waiting lists of no-more-hot-references have mainly been skimmed from professional flippers who are well aware of the situation.

Now this new reality is starting to reach the mainstream flippers which is the mass. For sure they will tell their friends. It will have a small snowball effect.

We have to be patient and expect some latency. :)
QuelleHeureEstIl is offline  
Old 30 September 2022, 02:46 AM   #1202
Vince_76
"TRF" Member
 
Vince_76's Avatar
 
Join Date: Apr 2020
Location: Orange County
Posts: 1,558
15450 box and papers for 28k (short 3 links). That’s about retail + tax of the latest price.

It’s happening. Royal oaks going down particularly hard. Retail on many refs soon IMO
__________________
AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1
Vince_76 is offline  
Old 30 September 2022, 03:47 AM   #1203
eijiboy
Banned
 
Join Date: Sep 2015
Location: everywhere
Posts: 849
5711 tiffany 3.5mil nib. Cheaper than the auction


Sent from my iPhone using Tapatalk
eijiboy is offline  
Old 30 September 2022, 04:38 AM   #1204
walds11
"TRF" Member
 
walds11's Avatar
 
Join Date: Jul 2005
Real Name: Adam
Location: Philly ‘burbs
Posts: 5,629
Quote:
Originally Posted by Vince_76 View Post
15450 box and papers for 28k (short 3 links). That’s about retail + tax of the latest price.

It’s happening. Royal oaks going down particularly hard. Retail on many refs soon IMO
It sure is happening!!!
__________________
Adam
walds11 is online now  
Old 30 September 2022, 07:59 AM   #1205
soicanbefree
"TRF" Member
 
Join Date: Mar 2016
Location: NYC
Posts: 261
Gotta love this comment on an AP Sales posting.

"So tempting. Gotta see what the market does tmw to see how liquid I am lol."
__________________
Modern: 116610LV / 114300 / AP 15202ST / PP 5065A
Vintage: 1016 - Gilt Chapter Ring Underline + Exclamation Point / 16618 - Black / 1803 Orange Stella Dial
soicanbefree is offline  
Old 30 September 2022, 01:10 PM   #1206
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
clean black Daytona, watch + card, $26.3k unsold.
dmash is offline  
Old 30 September 2022, 02:00 PM   #1207
honuswagner13
"TRF" Member
 
Join Date: Apr 2020
Location: Northeast
Posts: 424
Quote:
Originally Posted by messikens View Post
Any more recent moda updates for the 26420 and 26240?
Today, a 41mm 26240 steel black dial and a blue dial currently are sitting at $69,750 and $80,500 respectively. APs are dropping hard.
honuswagner13 is offline  
Old 30 September 2022, 02:05 PM   #1208
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
Quote:
Originally Posted by honuswagner13 View Post
Today, a 41mm 26240 steel black dial and a blue dial currently are sitting at $69,750 and $80,500 respectively. APs are dropping hard.
Did you miss the silver dial? Bnib at $50k, couldn’t sell, so he’s pulled and tried to relist at $55 and $59 as if everyone is dumb lol

Needless to say, still unsold
dmash is offline  
Old 30 September 2022, 02:28 PM   #1209
honuswagner13
"TRF" Member
 
Join Date: Apr 2020
Location: Northeast
Posts: 424
Quote:
Originally Posted by dmash View Post
Did you miss the silver dial? Bnib at $50k, couldn’t sell, so he’s pulled and tried to relist at $55 and $59 as if everyone is dumb lol

Needless to say, still unsold
I just noticed it now. That’s crazy
honuswagner13 is offline  
Old 30 September 2022, 02:30 PM   #1210
Screwly
"TRF" Member
 
Screwly's Avatar
 
Join Date: May 2020
Real Name: Screwly
Location: USA
Watch: “Pepsi”
Posts: 2,369
Quote:
Originally Posted by dmash View Post
Did you miss the silver dial? Bnib at $50k, couldn’t sell, so he’s pulled and tried to relist at $55 and $59 as if everyone is dumb lol

Needless to say, still unsold

It’s a beautiful thing for the community. Especially the ones that want a royal oak at retail. Hopefully it will drive the flippers away for specific models and watches can be obtained by collectors again.


Sent from my iPhone using Tapatalk
__________________
IG: htown_horology
126710blro jubilee
116500ln white dial
126613lb
326934 jubilee/blue dial
Screwly is offline  
Old 30 September 2022, 02:35 PM   #1211
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
Quote:
Originally Posted by Screwly View Post
It’s a beautiful thing for the community. Especially the ones that want a royal oak at retail. Hopefully it will drive the flippers away for specific models and watches can be obtained by collectors again.


Sent from my iPhone using Tapatalk
Yeah that's what's a punch in the gut, as that's the exact ROC I want, exact color and all. So many were *immediately* flipped, I'm patiently waiting though. Cautiously optimistic I can maybe get one next year as the 50th rotors will also have subsided by then.
dmash is offline  
Old 1 October 2022, 07:09 AM   #1212
Nico81
"TRF" Member
 
Join Date: Jan 2022
Location: Charlotte, NC
Watch: Out
Posts: 495
Quote:
Originally Posted by 1665fan View Post
Yea show me a nice 5 digit sub or gmt that has dropped in value at all…..they haven’t…..maybe stop going up but not dropped

Rolex explorer ii in nice condition was $12-13k late serial now around $9k


Sent from my iPhone using Tapatalk
Nico81 is offline  
Old 1 October 2022, 07:21 AM   #1213
Wahlberg
"TRF" Member
 
Wahlberg's Avatar
 
Join Date: Nov 2011
Location: Paris
Posts: 3,527
Quote:
Originally Posted by Nico81 View Post
Rolex explorer ii in nice condition was $12-13k late serial now around $9k


Sent from my iPhone using Tapatalk
The 5 digit one, 16560?
Wahlberg is offline  
Old 1 October 2022, 08:09 AM   #1214
Vince_76
"TRF" Member
 
Vince_76's Avatar
 
Join Date: Apr 2020
Location: Orange County
Posts: 1,558
Quote:
Originally Posted by honuswagner13 View Post
Today, a 41mm 26240 steel black dial and a blue dial currently are sitting at $69,750 and $80,500 respectively. APs are dropping hard.
Yep. 15500 full set sitting at 38.5k. 30k soon…
__________________
AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1
Vince_76 is offline  
Old 1 October 2022, 08:55 AM   #1215
BogdanS
"TRF" Member
 
BogdanS's Avatar
 
Join Date: May 2019
Location: EUROPE
Posts: 853
Quote:
Originally Posted by dmash View Post
Did you miss the silver dial? Bnib at $50k, couldn’t sell, so he’s pulled and tried to relist at $55 and $59 as if everyone is dumb lol

Needless to say, still unsold

What dial color? White?


Sent from my iPhone using Tapatalk
BogdanS is offline  
Old 1 October 2022, 09:22 AM   #1216
messikens
"TRF" Member
 
Join Date: Sep 2021
Location: SFO
Posts: 1,007
Quote:
Originally Posted by Vince_76 View Post
Yep. 15500 full set sitting at 38.5k. 30k soon…

Ooof.... Getting close! Thank you and dmash for the updates. Sad for my wealth on paper but I don't care since I'm keeping all of mine.

There's a certain amount of schadenfreude, esp for people who ruined their relationship flipping a new Chrono for a few bucks...
messikens is offline  
Old 1 October 2022, 10:17 AM   #1217
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
Quote:
Originally Posted by BogdanS View Post
What dial color? White?


Sent from my iPhone using Tapatalk
Yes.

I'm a Monochrom guy, so the blues are greens are fun on paper and to look at, but I wouldn't like to own.
dmash is offline  
Old 5 October 2022, 05:01 AM   #1218
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
White Daytona

28.8

Wow
dmash is offline  
Old 5 October 2022, 05:28 AM   #1219
Rolexatlast
"TRF" Member
 
Join Date: Jul 2018
Location: UK
Posts: 769
Quote:
Originally Posted by dmash View Post
White Daytona

28.8

Wow
Rolexatlast is offline  
Old 5 October 2022, 08:01 AM   #1220
soicanbefree
"TRF" Member
 
Join Date: Mar 2016
Location: NYC
Posts: 261
Quote:
Originally Posted by dmash View Post
White Daytona

28.8

Wow
Still there. Also seen Black for 26ish.

Pepsi Jubilee w/Card ended at auction for 17.7K

Seemed like a lot of Pepsis were available this weekend.
__________________
Modern: 116610LV / 114300 / AP 15202ST / PP 5065A
Vintage: 1016 - Gilt Chapter Ring Underline + Exclamation Point / 16618 - Black / 1803 Orange Stella Dial
soicanbefree is offline  
Old 5 October 2022, 08:09 AM   #1221
PJDIESEL
"TRF" Member
 
Join Date: Oct 2009
Location: Mid Atlantic
Posts: 86
Several Pepsis the past week, out of now where seemingly. All the way down to $16K.

The "last hoorah"?

Last edited by PJDIESEL; 5 October 2022 at 08:12 AM.. Reason: Spelling....
PJDIESEL is offline  
Old 5 October 2022, 08:25 AM   #1222
soicanbefree
"TRF" Member
 
Join Date: Mar 2016
Location: NYC
Posts: 261
Quote:
Originally Posted by PJDIESEL View Post
Several Pepsis the past week, out of now where seemingly. All the way down to $16K.

The "last hoorah"?
I saw a silly amount of Pepsi listings coming out specifically on Sunday.

Feels like that model is ready for a leg down.

We hit June lows on Friday but then big bounce Mon/Tuesday in the markets 3% each day so not really sure how people are feeling.
__________________
Modern: 116610LV / 114300 / AP 15202ST / PP 5065A
Vintage: 1016 - Gilt Chapter Ring Underline + Exclamation Point / 16618 - Black / 1803 Orange Stella Dial
soicanbefree is offline  
Old 5 October 2022, 10:29 AM   #1223
messikens
"TRF" Member
 
Join Date: Sep 2021
Location: SFO
Posts: 1,007
Even on this forum they are going for 17-18k and BLNRs are at 16?!?

Rewind 6 months and they were a good 10k higher. Amazing how times have changed
messikens is offline  
Old 5 October 2022, 02:26 PM   #1224
Rolextellstime
"TRF" Member
 
Rolextellstime's Avatar
 
Join Date: Feb 2016
Real Name: Ken
Location: Canada
Watch: Rolex 116610LV
Posts: 708
Great thread, it will be interesting to see how prices will change in the next 6 months. Sanity is coming back it seems

Sent from my SM-N975W using Tapatalk
Rolextellstime is offline  
Old 5 October 2022, 10:10 PM   #1225
Mifune
Banned
 
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
Still looking for a blro oyster..
Mifune is offline  
Old 6 October 2022, 01:20 AM   #1226
QuelleHeureEstIl
Banned
 
Join Date: Feb 2021
Location: Gnèèève
Posts: 595
Quote:
Originally Posted by messikens View Post
Even on this forum they are going for 17-18k and BLNRs are at 16?!?
Someone know the current buy price (by greys/secondary market dealers)? Which margin do they take in this uncertain market?
QuelleHeureEstIl is offline  
Old 6 October 2022, 03:51 AM   #1227
Rolextellstime
"TRF" Member
 
Rolextellstime's Avatar
 
Join Date: Feb 2016
Real Name: Ken
Location: Canada
Watch: Rolex 116610LV
Posts: 708
Quote:
Originally Posted by QuelleHeureEstIl View Post
Someone know the current buy price (by greys/secondary market dealers)? Which margin do they take in this uncertain market?
From what I hear, many are not buying, and if they do, then at the retail price. Please someone correct me if you had different experience.

Sent from my SM-N975W using Tapatalk
Rolextellstime is offline  
Old 6 October 2022, 04:02 AM   #1228
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
Quote:
Originally Posted by Rolextellstime View Post
From what I hear, many are not buying, and if they do, then at the retail price. Please someone correct me if you had different experience.

Sent from my SM-N975W using Tapatalk
correct. as they'd be catching a falling knife at this point as nothing has stabilized.
dmash is offline  
Old 6 October 2022, 05:37 AM   #1229
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
15510white 46k and not a single comment. Bnib full set too

Another thing others are overlooking is that Rolex flippers will stay in the game for even a few grand over MSRP because it’s essentially untraceable. AP (happily!) has a better system for tracking flippers since it’s registered to you. Guys aren’t going to burn their AP connection for $5k, has to be much more lucrative than that. These fall much lower I believe it will have a domino effect to *really* dip, as flippers will pass even though there’s technically still money on the table.

At least my 2c.
dmash is offline  
Old 6 October 2022, 01:05 PM   #1230
Andy0331
2024 Pledge Member
 
Join Date: Aug 2015
Location: FL
Posts: 415
Quote:
Originally Posted by QuelleHeureEstIl View Post
Someone know the current buy price (by greys/secondary market dealers)? Which margin do they take in this uncertain market?
I think it was in this thread where someone linked a Youtube video from CRM jewelers where the owner is on the phone telling a seller/flipper that he was a buyer at or below MSRP for (previously) popular Rolex models.

Aside from the uncertainty & hassle, you would likely get more selling on the board here, by splitting the difference between MSRP & grey pricing.
Andy0331 is offline  
Closed Thread


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

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

Takuya Watches

Bobs Watches

My Watch LLC

OCWatches

DavidSW Watches

Coronet


*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.