ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
15 September 2020, 03:31 PM | #31 |
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Join Date: Aug 2011
Location: Vancouver
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I second this. RO’s, are not easy to get. Been looking. No one has one to sell you unless you are a vvip.
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16 September 2020, 10:25 AM | #32 |
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Join Date: Jul 2020
Location: Los Angeles
Posts: 100
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These greys are desperately holding onto their ideal selling price but I check chrono24 and it’s the same watches from the same greys sitting there months later, with 30 or so offers for the same “hype” watches. They will lowball you if you’re looking to trade too bc they are desperate to make a profit. Once eviction halts are lifted they’ll need rent $$
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17 September 2020, 03:27 AM | #33 | |
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Join Date: Jun 2015
Location: NY
Posts: 277
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Quote:
This year, because of production issues caused by the pandemic, they estimate 37,500. Their strategy of limiting supply to the grey market is working well and paying dividends. Lets see how long this all lasts, it doesn't make sense, imo. |
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17 September 2020, 03:31 PM | #34 | |
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Join Date: Oct 2016
Location: Montana
Posts: 3,223
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Quote:
Have you seen how many new RO's have popped up in the past week on the grey market? |
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18 September 2020, 04:29 AM | #35 | |
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Location: San Francisco
Posts: 175
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Quote:
They all put them at high prices and then if you ask they will go and try to source one. So they put a high price with some headroom to buy from some other source. Maybe other dealers anchor off of the price points from their peers, and you get a continuous creep up of the listing price because each is including headroom and then bumping when they see others bump. I'd say > 50% of the listings on Chrono24 are at places that don't have the piece at all when you contact them. Weeks later the piece is still listed... |
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18 September 2020, 04:36 AM | #36 | |
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Join Date: Apr 2018
Location: San Francisco
Posts: 175
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Quote:
I don't get the impression are just sitting there unsold. When I call in, most of the dealers say they don't have the item and will have to source one. So it seems possible they adding some padding to the prices to give some headroom in case they have to buy it. Then maybe other dealers anchor off of the newly increased prices and increase theirs too, making stuff listed on chrono24 creep up and up. I'd say > 50% of the listings on Chrono24, I call the dealer and they don't have it. Then it's still listed weeks later... |
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18 September 2020, 08:48 AM | #37 | |
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Join Date: Jul 2019
Location: USA
Watch: Rolex, ALS, Omega
Posts: 1,231
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Quote:
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18 September 2020, 09:00 AM | #38 | |
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Join Date: Oct 2016
Location: Montana
Posts: 3,223
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Quote:
Most of the listings in C24 are "fake" in that they don't have inventory. Think of it this way, if you had the real watch in inventory, why would you use a stock photo? That's what most of the listings are. |
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18 September 2020, 09:32 AM | #39 | |
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Join Date: Jul 2020
Location: Los Angeles
Posts: 100
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Quote:
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18 September 2020, 12:05 PM | #40 |
2024 Pledge Member
Join Date: Jan 2018
Real Name: Michael
Location: Dotonbori
Watch: Mostly blue dials
Posts: 7,598
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Rising tide lift all boats. When people sell their sport Rolex at 30k, they will also have more cash to spend on other watches, it's like knock-on effect on Patek and AP pricing too.
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18 September 2020, 12:07 PM | #41 |
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Join Date: Oct 2016
Location: Montana
Posts: 3,223
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Bubbles pop.
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18 September 2020, 10:33 PM | #42 |
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Join Date: Jun 2012
Location: Europe/Asia
Watch: AP/Rolex
Posts: 1,274
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18 September 2020, 10:34 PM | #43 |
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Join Date: May 2016
Location: NE
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