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24 May 2022, 05:54 PM | #31 |
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there is no denying that the prices went down, and some good buying opportunities are popping up here and there
but how can we have a market "crash" if i cannot even conveniently buy a ceramic daytona panda with box and papers for USD 30k. If i see those pop up in the 25-30k range i will happily buy (and i am sure i will not be the only one)
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RLX: 116520 White, 116520 Black, 116710BLNR, 126710BLRO, 116400, 126610LN, 114060 | AP: 15300ST | PP: 5711/1A-011, 5146G-010 |
24 May 2022, 07:26 PM | #32 |
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15k for me.
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24 May 2022, 10:28 PM | #33 | |
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We are halfway there. Down from about 50 to 39. Next stop 30 lol
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24 May 2022, 11:18 PM | #34 |
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Youtubers are attention seekers who think their opinion matters, all rubbish
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
24 May 2022, 11:52 PM | #35 |
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Govberg/Watchbox is definitely very silent on the market update . They instead put out new crown video suggesting solution to limited supply is to get rid of all the mom and pop chains and only have large corporate chain ad’s. Lol. Sorta self serving.
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24 May 2022, 11:56 PM | #36 | |
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25 May 2022, 12:52 AM | #37 |
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Watchbox self serving? Well I never
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25 May 2022, 12:56 AM | #38 | |
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Theyre not going to cut off their funding stream by telling people bad news. |
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25 May 2022, 01:15 AM | #39 |
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Youtube suggested this video to me yesterday where the dealer tells us not to dump out watches because it's hurting the market.
https://www.youtube.com/watch?v=zfF9-yp1smU |
25 May 2022, 01:19 AM | #40 | |
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What a numpty |
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25 May 2022, 01:26 AM | #41 | |
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"My message to collectors and private sellers is: hold it, don't panic. Wait to sell yours until after I have unloaded my bloated stock...Please. Pretty please." |
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25 May 2022, 02:04 AM | #42 |
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The Rolex Youtubers recent messaging will have a similar effect on the market to the price discussions here on this forum, i.e. very useful and interesting, yet negligible in the grand scheme of things.
Hype can help a rising market gain even more momentum, but you can't talk your way out of a falling one - it just looks like what it is, denialism. |
25 May 2022, 02:09 AM | #43 |
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Stop listening to others for answers and start listening to yourself. You are your best advisor as you have your best interest in mind. If your not sure what to do then do nothing until you have gained enough personal knowledge to not second guess yourself. Watch collecting is suppose to be fun and enjoyable.
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25 May 2022, 02:42 AM | #44 | |
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25 May 2022, 04:14 AM | #45 |
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So far the prices have fallen back down to... a whopping beginning of 2022 prices.
People have been talking about a rolex bubble since at least 2018. If the pricing from peak 2 months ago fell 40%, it would still be higher than 2018. Does everything look like a steal to you? LOL. So far only the people calling it a bubble from Feb to March would be right. |
25 May 2022, 06:45 AM | #46 | |
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25 May 2022, 06:50 AM | #47 |
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Not a lot of dinners at Sam and Nicks on the YT channels lately...
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25 May 2022, 06:59 AM | #48 |
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Watchbox has a podcast too (The Trading Desk) which was good for a new episode every week or two. The last episode was "Are Watch Prices Finally Going Down?" and then it's been radio silence for nearing on three weeks now LOL. IMO, sales have probably fallen off a cliff worse than we know. All the retailers reporting earnings and what I saw at my own company was April sales absolutely nose dived, May is better, but we are seeing a fundamental and dramatic shift in spending. The war, China reopening, nothing is going to change the direction of things until inflation slows and the market changes.
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25 May 2022, 07:12 AM | #49 |
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25 May 2022, 07:22 AM | #50 |
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It will do the watch community some good if the bubble burst. A return to MSRP would benefit everyone except for grays and flippers.
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25 May 2022, 12:13 PM | #51 | |
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But airline prices? Up at least 20%. Hotels and condos and other stuff the same. I just think that people want to get out and do things rather than acquire more stuff. |
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25 May 2022, 12:24 PM | #52 |
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Their silence is deafening but... surely they're just there for entertainment purposes?
Why all the hate? If you don't like what they say, don't watch or subscribe. Just like the secondary market... if you think the dealers are the spawn of the Devil... don't buy or sell to them. Simples. As for them influencing market tendencies, I really do think that some people need to get out more. Or is this an exclusive Club, that only those who have bought pastries for an AD can join? Rolex existed before and will forever more, regardless of whether "old talking hands" (Watchfinder) says otherwise.
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Rolex 1993 16700, 2012 116520, 2012 116610LV, 2017 116660, 2020 326934 - Tudor 2021 79030B, 2022 79210CNU - JLC 2008 GT SG Reverso, Omega 2016 3570.50 Speedmaster Pro, CasiOak 2022 GMA-2100, 1999 Tag Heuer 2000 Sport, |
25 May 2022, 03:52 PM | #53 |
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I noticed this also and i also noticed every single watch person i follow on instagram has been spamming watches for sale lol.
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26 May 2022, 03:38 AM | #54 |
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Producer Michael Video below. Watch dealer shown has almost no inventory, already have dumped his product.
https://youtu.be/TtJY75rhHD4 |
26 May 2022, 04:00 AM | #55 |
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26 May 2022, 04:06 AM | #56 | |
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Last time I saw this store, the cases were overflowing with Rolex… |
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26 May 2022, 04:09 AM | #57 | |
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26 May 2022, 04:11 AM | #58 |
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There’s a white NIB full stickers full kit on moda for 37 now with no takers. That’s 15k or 30% off what dealers asked 3 months ago
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26 May 2022, 04:17 AM | #59 |
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26 May 2022, 04:17 AM | #60 |
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