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Old 22 March 2018, 04:02 AM   #1
Rolexier
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No more asking inflated prices now

That bubble has well and truly burst about time too
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Old 22 March 2018, 04:03 AM   #2
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Ha ha ha ha.. I hope so.
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Old 22 March 2018, 04:04 AM   #3
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The only thing that will fix that for good (for models that aren't discontinued) is an increase in supply.
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Old 22 March 2018, 04:12 AM   #4
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The only thing that will fix that for good (for models that aren't discontinued) is an increase in supply.
Which will happen.
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Old 22 March 2018, 04:13 AM   #5
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Let’s see what happens and if supply returns to normal. To say it has burst is a bit premature unless you can show us where you have seen this big price drop.
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Old 22 March 2018, 04:13 AM   #6
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As long as there is short supply, prices will remain high and possibly continue rising. Look at the 116500 Daytona. People thought the premiums were going to settle and now 2 years in they're only going up.
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Old 22 March 2018, 04:14 AM   #7
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As long as there is short supply, prices will remain high and possibly continue rising. Look at the 116500 Daytona. People thought the premiums were going to settle and now 2 years in they're only going up.
Exactly
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Old 22 March 2018, 04:15 AM   #8
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Supply is short and prices are increasing, if anything.
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Old 22 March 2018, 04:16 AM   #9
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Not sure why the OP has this idea/impression? I've seen nothing to suggest the drought is over.
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Old 22 March 2018, 04:22 AM   #10
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That bubble has well and truly burst about time too

Why? Can you please explain?
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Old 22 March 2018, 04:25 AM   #11
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People thought the premiums were going to settle and now 2 years in they're only going up.
Yeah... in a normal market.

Why don't you mention that Rolex cut back production and/or stopped providing watches to ADs which created a scarcity and which caused ALL (GMT/SUB/Daytona/...) prices to go up.

Just a small nuance....
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Old 22 March 2018, 04:26 AM   #12
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Yeah... in a normal market.

Why don't you mention that Rolex cut back production and/or stopped providing watches to ADs which created a scarcity and which caused ALL (GMT/SUB/Daytona/...) prices to go up.

Just a small nuance....
Why does it matter? The outcome is still the same regardless. Prices are going up and will stay up.
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Old 22 March 2018, 04:29 AM   #13
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OP please elaborate....
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Old 22 March 2018, 04:33 AM   #14
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The only thing that will fix that for good (for models that aren't discontinued) is an increase in supply.
Totally agree. Because if we can’t get a hold of what hasn’t been “discontinued” what’s the point?
Daytona is a good example! With the release of skyD last year and with the GMT this year prices continue to be crazy and are only going up since supply is low!!
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Old 22 March 2018, 04:35 AM   #15
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I see this very differently. Current trend is certainly suggesting otherwise. I have a theory...

Rolex are limiting supply to ensure grey prices are significantly inflated - this sets a standard that will enable Rolex to put prices up without anyone making a big fuss. It's exactly what Patek have done with the Nautilus.

Having done some comparisons with their competitors (on the steel sports models), I believe Rolex are currently exceptionally competitively priced, and this is despite fairly recent increases. And Tudor by the way, even more so!

I can see a big increase happening at some point, although not foolish enough to predict when. For instance, if the Daytona suddenly went up 20% and supply increased overnight, people would buy it without complaint given that they've seen them going for a lot more than that on the grey market, it would still seem cheap! If this happened, grey prices would come down as supply would have increased, so in a sense the OP could be right!

And look at the price of the Deep Sea compared to the AP Offshore Diver. There is a £7k gap between them which is crazy. I'm lucky enough to have recently purchased the Diver and I love it, but it's not THAT much better than a Deep Sea surely?!

Of course, I could be wrong...
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Old 22 March 2018, 04:36 AM   #16
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Why does it matter? The outcome is still the same regardless. Prices are going up and will stay up.
The watch market was different in 2015-16. No one thought this artificial scarcity + hype would happen which caused the prices to go up.
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Old 22 March 2018, 04:37 AM   #17
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Ya, no
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Old 22 March 2018, 05:09 AM   #18
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That bubble has well and truly burst about time too
There is certainly more than one. Are you willing to go out on a limb and be more specific?
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Old 22 March 2018, 05:12 AM   #19
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Which will happen.
Maybe...maybe not though.

My AD told me Rolex is sending them a smaller display case. Why would Rolex do this if they know they won’t be saturating the market with watches?
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Old 22 March 2018, 05:20 AM   #20
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That bubble has well and truly burst about time too
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Old 22 March 2018, 05:26 AM   #21
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I would say prices on dwellers blnr hulks etc were a bit over priced inflated in run up to Baselworld many people thinking discontinuation pre Baselworld - now that is not the case and there are more offerings running alongside I can’t see anyone paying pre Baselworld prices for these types ( bar the Daytona ) when there are more options. The market will dictate in coming months the direction however so let’s see what happens but not on non discontinued watches will there be the huge premiums asked I very much doubt
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Old 22 March 2018, 06:52 AM   #22
rootbeer7
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Originally Posted by Token74 View Post
I see this very differently. Current trend is certainly suggesting otherwise. I have a theory...

Rolex are limiting supply to ensure grey prices are significantly inflated - this sets a standard that will enable Rolex to put prices up without anyone making a big fuss. It's exactly what Patek have done with the Nautilus.

Having done some comparisons with their competitors (on the steel sports models), I believe Rolex are currently exceptionally competitively priced, and this is despite fairly recent increases. And Tudor by the way, even more so!

I can see a big increase happening at some point, although not foolish enough to predict when. For instance, if the Daytona suddenly went up 20% and supply increased overnight, people would buy it without complaint given that they've seen them going for a lot more than that on the grey market, it would still seem cheap! If this happened, grey prices would come down as supply would have increased, so in a sense the OP could be right!

And look at the price of the Deep Sea compared to the AP Offshore Diver. There is a £7k gap between them which is crazy. I'm lucky enough to have recently purchased the Diver and I love it, but it's not THAT much better than a Deep Sea surely?!

Of course, I could be wrong...
I’ve said exactly this before. Buy an overpriced Daytona now or wait 3 years and pay the same price then!!
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Old 22 March 2018, 06:59 AM   #23
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I'll believe you when I see grey dealers stop selling SS Submariners at/near retail

Or when Rolex ADs have more than Datejusts in their cases
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Old 22 March 2018, 07:00 AM   #24
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I’ve said exactly this before. Buy an overpriced Daytona now or wait 3 years and pay the same price then!!


Spot on!!


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Old 22 March 2018, 07:44 AM   #25
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Artificial scarcity has to cease. Unlikely.
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Old 22 March 2018, 07:59 AM   #26
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Basic Economics. These new Tudor and Rolexes will be hard to get. Higher price. Old models no longer produced less available. Higher price.
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Old 22 March 2018, 08:07 AM   #27
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Rolex is too low priced at the moment, for example steel Sky-Dweller should have way over 20k MSRP.

And supply should be a lot more limited than it is now.
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Old 22 March 2018, 08:11 AM   #28
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Which will happen.
Because....why? You say it emphatically?
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Old 22 March 2018, 08:20 AM   #29
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ADs no longer take names over the phone, so this should see a drop of resellers cashing in. More supply for everyone.
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Old 22 March 2018, 08:27 AM   #30
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that bubble has well and truly burst about time too
agree!!!!!
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