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19 August 2019, 10:08 AM | #1 |
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Prices Dropping Hard??
Is this YouTuber reliable as a source of info?:
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19 August 2019, 10:10 AM | #2 |
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Lol. Eric is a nice guy but does he know all. Heck no. It is speculation.
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19 August 2019, 10:13 AM | #3 |
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“Prices dropping, hard to believe” maybe.
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19 August 2019, 10:20 AM | #4 |
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Youtuber and reliable
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19 August 2019, 10:23 AM | #5 |
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Clickbait
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19 August 2019, 10:24 AM | #6 |
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This was posted a couple days ago fyi.
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19 August 2019, 10:35 AM | #7 |
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It's all best guess.
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Oh, look at the time... Official Member: 'WIS-CON' Las Vegas International GTG 2019 |
19 August 2019, 10:35 AM | #8 |
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19 August 2019, 10:46 AM | #9 |
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Whenever I see this guy I think of the video of him with the Latin America AP RO PC “it’s a heavy hittah”
I think the information is reasonably valuable for the uniformed. He’s really only regurgitating what we already know here.
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19 August 2019, 10:49 AM | #10 |
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If he is seeing some watch prices soften, why should we not believe him? This hype-fueled Rolex price rocket is bound to lose some momentum eventually.
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19 August 2019, 10:51 AM | #11 |
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Back to late 2017, you can search YouTube and tons of young kids telling you to invest in this and that coin and you can make a lot of money. How true is their recommendation? The current price of all these coins indicate how accurate these recommendation. Watch is not for investing and it is for enjoyment.
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19 August 2019, 10:53 AM | #12 |
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All you have to do is go look at the classifieds here. Jubilee Batman’s were $20,000, now 16-17k range. Oyster Batman’s were 15-16k, now getting to the 13k range. Two tone subs and gmts going for under retail. I’ve been following for awhile now, and it does appear there are more stainless models hitting the ad’s. Thought it was crazy how these were going so much over retail. Glad though and just in time, getting close to my 30th birthday.
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19 August 2019, 10:56 AM | #13 | |
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Quote:
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19 August 2019, 10:59 AM | #14 |
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19 August 2019, 11:01 AM | #15 |
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I do believe that the prices have been dipping slightly from where they were a couple of months ago. However, prices fluctuate on the seasons and are likely to go back to what they were. Also, the economy plays a big role. I don’t think the recent downtrend is anything to read into.
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19 August 2019, 11:04 AM | #16 |
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Since when did Rolex release a green dial 2tone GMT?
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19 August 2019, 11:09 AM | #17 |
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He is a big gray dealer. He would know better than most of us - he is at the very front line of the market.
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19 August 2019, 11:15 AM | #18 |
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There’s one listed that started at $9,200 and now down to $8,800 and presumably unsold. Still over retail but down. 116610’s a couple months ago were in the 12k range now in the 10k range. If a rookie in the Rolex game, but from my perspective prices are coming down.
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19 August 2019, 11:26 AM | #19 |
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Take a look at World events. The Chinese economy is being affected by high US tariffs. What's going on in Hong Kong? If the Chinese buyer stops grabbing up Rolex's. Those Watches will begin to show up at Your Local AD. Then What? Just Sayin. I have what I want. Here's Hoping You do too.
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19 August 2019, 11:29 AM | #20 |
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I find him irksome ... to each their own.
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19 August 2019, 12:01 PM | #21 |
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He seems like a nice guy when you overcome the swagger.
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19 August 2019, 12:02 PM | #22 |
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I like watching him...he’s a grey dealer. Just telling us what he’s seeing.
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19 August 2019, 12:13 PM | #23 |
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Its already shown in the market prices.. Check out the Hulk... last month was asking 16K.
Now you see them at $14k |
19 August 2019, 12:14 PM | #24 |
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He’s not my style but I agree with him on prices dropping. Like some have mentioned the prices in the classifieds are lower than last year and many seem to have endless amounts of bump post. Not very scientific but I’m sure if I cared enough to compile the data I could prove my theory.
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19 August 2019, 12:34 PM | #25 |
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19 August 2019, 12:48 PM | #26 |
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This guy is spot on
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19 August 2019, 01:24 PM | #27 |
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Its not going to take a lot to kick prices down..
World recession on the horizon.. Europe and China/HK in trouble.. Tariffs..nothing but trouble.. I've noticed in my business..spending is down for 3rd Qtr.. People are holding onto their cash.. Bottom line..no one needs a Rolex.. When the S*** hits the fan..look for deals.. If you want to spend the dough.. Which you probably wont..lol.. |
19 August 2019, 01:51 PM | #28 |
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thats why you buy what you like. period. watches arent meant to be an investment. I couldnt care less what prices are.....if anything, i can add to my collection for less.
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19 August 2019, 02:02 PM | #29 |
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Watch: 116610LV
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It is funny everyone hoping for a recession to get a watch. They should be focused on adding more income producing assets like real estate, stocks, or expanding their business. Buy what you want or have assets that pay for your wants.
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19 August 2019, 02:05 PM | #30 |
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"pretty much, how is something worth something if no ones buying it".
Enough said |
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