Grey Market Prices Coming Down (daily tracker)

[jestevez]

Wanted to share this interesting table below. I have been tracking online prices daily for the past week for some of the toughest to get pieces .

The prices highlighted in green show days that the price for a certain watch came down. You can definitely see a trend going down although a one week time frame is too short to see if it will persist and/or if price reductions will start to be more substantial.

rolex prices.jpg

[dennywags]

You need to change Batman to Batgirl. The Batman has been discontinued.

[Cool watch]

Excellent post OP!

[Sterling991]

this post will deliver bigly

[jestevez]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

Done - changed it to avoid confusion, thanks!

[NYG1121]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

[ADR1982]

Should you include box and papers as well?

[Director EDTF]

Thanks For tracking!

[WatchNutcase]

Yep noticed prices dropping on chrono24 as well

[boogiebot]

I know that some member give other members shit about always posting about pricing. I have to admit though, this is an interesting part about our hobby. Thanks for taking the time to track and share with the community.


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[djyolky]

Originally Posted by Director EDTF

Thanks For tracking!

Lol quality

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[socialpro]

Awesome work. Will be curious to see the progression 2 and 4 weeks down the line.

I'm tracking something similar but with exotic cars.

[SeaDweller50]

I wonder if the price decrease will also be exponential.

[Podmornica]

Yeah, Pepsi is taking the biggest hit, as it should be.

[Onikage]

Love it. What a way to spend lockdown.

[blada4life]

Originally Posted by jestevez

Wanted to share this interesting table below. I have been tracking online prices daily for the past week for some of the toughest to get pieces .



The prices highlighted in green show days that the price for a certain watch came down. You can definitely see a trend going down although a one week time frame is too short to see if it will persist and/or if price reductions will start to be more substantial.



Attachment 1123688

Ohhh very nice but $30 on a blue sky? $200
On a Pepsi? $200 on a hulk? It’s not even a 2% price reduction in these modes. Looks like the grey market prices are practically tanking on these models.


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[RMF]

Thanks for pulling this together and sharing. Looking forward to a week to week snapshot.

[Hollie_Rollie]

Thanks for taking the time to do this. The drop to msrp will be fun to track. Good work and appreciate it

[Simmer007]

Originally Posted by blada4life

Ohhh very nice but $30 on a blue sky? $200
On a Pepsi? $200 on a hulk? It’s not even a 2% price reduction in these modes. Looks like the grey market prices are practically tanking on these models.


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Pepsi is actually down $650 there Champ....

And thanks to the OP!

[Geckobros]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

Not sure what you mean. I go to the Rolex site and I type "Batman" in their search engine and I get a 126710BLNR. Sorry your watch was discontinued.

[scrappy]

Keep in mind the USD has strengthened in the past month and I assume these grey dealers compete for international customers.

[superstarmar]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

I despise this name ... it's still a batman ...Batman 2 or the
New Batman 2.0

[SeaDuba]

Really cool. Thanks for the info!

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[bay-dweller]

WatchRecon has tracking functionality

[bay-dweller]

With screenshots this time.

[Patton250]

Originally Posted by NYG1121

And he actually did it.

[Rado63]

Only issue with this data is that you are tracking the lowest priced watch that meets your conditions, new, located in US, box papers. Using 126710 BLRO as an example, On C24 today the lowest price for a 126710BLRO is $15725 while the highest price is $22265. The median price would be a better tracking statistic rather than the lowest price. Also on C24 today only 88 watches are listed as 126710 BLRO for sale in the US. Since Switzerland has shut down production, these 88 watches are the inventory for today. So keep track of the number in inventory, and the median selling price. If inventory declines what will happen to price? If more sellers enter the market and inventory rises due to cash flow issues, then what will happen to price? Or does inventory remain constant and prices just drop? All three are different reactions to market conditions.

[bay-dweller]

I think its correct to track lowest price for identical goods in identical condition.

Median price is good for real estate and other unique items that are comparable, but not identical.

Good point on the inventory, but I don't think we can really track that accurately. Its my understanding that the same watch might be posted by two sellers on C24.

[RWH]

Thanks for the work! should be interesting

[FSL]

+/- $1000 MSRP in NOT in distant future. IMO.