The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 24 September 2020, 12:21 AM   #211
904VT
"TRF" Member
 
904VT's Avatar
 
Join Date: Jun 2016
Location: USA
Watch: All Rolex
Posts: 6,971
At that secondary price, I'd rather instead get a MSRP Exp, Milgauss, or OP
904VT is offline   Reply With Quote
Old 24 September 2020, 12:22 AM   #212
Watchflair
2024 Pledge Member
 
Watchflair's Avatar
 
Join Date: May 2012
Real Name: Jim
Location: Westchester NY
Watch: 116500 116518LN
Posts: 5,869
No shot - too many other worthwhile options at that price point
__________________
Remember what matters. Value everyday
Watchflair is offline   Reply With Quote
Old 24 September 2020, 12:25 AM   #213
mjclark32
"TRF" Member
 
mjclark32's Avatar
 
Join Date: Mar 2010
Real Name: MJC
Location: PHL USA
Watch: IWC, Rolex, AP
Posts: 29,232
Nope
__________________
mjclark32 is offline   Reply With Quote
Old 24 September 2020, 08:16 AM   #214
chrome168
"TRF" Member
 
Join Date: Mar 2015
Location: Manila,Philippine
Posts: 105
no way... silly price.

Last edited by chrome168; 24 September 2020 at 08:16 AM.. Reason: added some texts
chrome168 is offline   Reply With Quote
Old 24 September 2020, 08:27 AM   #215
JRell
"TRF" Member
 
JRell's Avatar
 
Join Date: Jun 2020
Location: Pittsburgh
Watch: 126610LN
Posts: 6,484
Page 8, still no, lol
__________________
126610LN
JRell is online now   Reply With Quote
Old 24 September 2020, 08:32 AM   #216
jlovda
"TRF" Member
 
jlovda's Avatar
 
Join Date: May 2009
Real Name: John
Location: Midwest
Watch: 5513,1675,216570
Posts: 1,465
Quote:
Originally Posted by Calatrava r View Post
Wait a few months. let everything settle down.
Some people said that about Rolex prices in April when the economy tanked.
jlovda is offline   Reply With Quote
Old 24 September 2020, 08:33 AM   #217
Dilemma
"TRF" Member
 
Dilemma's Avatar
 
Join Date: Mar 2010
Location: Minnesota
Posts: 1,169
Hell to the No.
Dilemma is offline   Reply With Quote
Old 24 September 2020, 09:06 AM   #218
blue lion
"TRF" Member
 
blue lion's Avatar
 
Join Date: Feb 2012
Location: Florida State!
Watch: It's just a watch.
Posts: 1,463
No I don't like the no date or black/stainless
blue lion is offline   Reply With Quote
Old 24 September 2020, 09:24 AM   #219
sandman954
"TRF" Member
 
Join Date: Aug 2020
Location: Florida
Posts: 9
People talking 10% markup aren't being realistic. If I pay 7% tax on a submariner how can I sell it for only 10% above retail. Thats only 3% profit. I have never sold a watch, but why go through the hassle for 3%
sandman954 is offline   Reply With Quote
Old 24 September 2020, 09:54 AM   #220
alphadweller
"TRF" Member
 
alphadweller's Avatar
 
Join Date: Nov 2019
Real Name: Vic
Location: Spain
Watch: SD43
Posts: 5,843
I think I wouldn't get much pleasure out of wearing it knowing I got essentially screwed by a middleman who participates in hogging as many hot watches as possible to squeeze the market. Let's pile up all we can so that people will come to us at our asking price. Text book market abuse.
alphadweller is offline   Reply With Quote
Old 25 September 2020, 03:55 AM   #221
Xandershaw
"TRF" Member
 
Xandershaw's Avatar
 
Join Date: Mar 2016
Location: Yorkshire, U.K.
Watch: Rolex OP
Posts: 20
I’ve had an offer from a private seller for £10k...and it’s tempting (perhaps stupid, but tempting)
Xandershaw is offline   Reply With Quote
Old 25 September 2020, 04:14 AM   #222
Seafox0814
"TRF" Member
 
Seafox0814's Avatar
 
Join Date: Sep 2018
Location: Mission Viejo, CA
Posts: 121
Hell no I wouldn't pay that for a SS reference. Not when you could get some PM bling for the same amount of money.

New Bluesy or CHNR TTs would get my money over an SS at that price any day of the week.
Seafox0814 is offline   Reply With Quote
Old 25 September 2020, 04:24 AM   #223
Spoonage
2024 Pledge Member
 
Join Date: Aug 2014
Location: California
Posts: 3,054
For the new Sub... I would pay MSRP + Tax.
Spoonage is offline   Reply With Quote
Old 25 September 2020, 04:45 AM   #224
juve
"TRF" Member
 
juve's Avatar
 
Join Date: Jun 2019
Real Name: Boris
Location: CT
Posts: 885
No way!
juve is offline   Reply With Quote
Old 25 September 2020, 11:32 AM   #225
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
Quote:
Originally Posted by sandman954 View Post
People talking 10% markup aren't being realistic. If I pay 7% tax on a submariner how can I sell it for only 10% above retail. Thats only 3% profit. I have never sold a watch, but why go through the hassle for 3%
Lol hype boys will spend hours to buy a hot shoe/shirt and sell for $100 profit. There’s a new crowd of resellers who most certainly would take days of their time to only profit $300
dmash is offline   Reply With Quote
Old 25 September 2020, 01:26 PM   #226
Mendota
"TRF" Member
 
Mendota's Avatar
 
Join Date: Oct 2009
Location: MN
Watch: OP36 Blue 3-6-9
Posts: 2,192
Quote:
Originally Posted by edyu View Post
Actually based on about 7% annual return, I normally double the price for every decade or so. For $3000 in 95, it's about $6000 in 05, and $12000 for 15. So technically $15000 is "reasonable."

LOL, ok kidding aside, nope, OP. Won't pay anything above MSRP myself.
Not to be persnickety, but it's not a straight line calculation, as the CPI fluctuates every year, and has averaged 2.16% over this period. Those 1995 dollars have the same purchasing power of $5,116.50 in 2020.
https://www.in2013dollars.com/us/inf...95?amount=3000

What's crazy is we know you paid $3,000 in 1995. I looked at buying the 16610 in 2002 for approx $3,300, 7 years later. Rolex prices barely moved during that time, and going grey always meant paying far less than retail. Now they are increasing MSRP at a rapid clip and going grey means paying much more than retail. Bubble times...



Sent from my SM-G986U using Tapatalk
Mendota is offline   Reply With Quote
Old 25 September 2020, 02:26 PM   #227
Rockland
"TRF" Member
 
Join Date: Jan 2012
Location: United States
Posts: 180
Only if i had a buyer lined up for $17,500 with a deposit.
Rockland is offline   Reply With Quote
Old 25 September 2020, 03:08 PM   #228
SDGT3
"TRF" Member
 
SDGT3's Avatar
 
Join Date: Aug 2019
Real Name: Phillip
Location: Right here
Watch: SD43 Daytona Blusy
Posts: 1,771
If the new Porsche 911 had inflated prices that brought it into Porsche 911 GT3 price range, why wouldn’t I get the GT3 instead? Same for a plain black Sub - at $15k, I’m looking at GMT, Daytona’s for a little more etc..

It’s the base model sport watch that just began a very likely 10-12 year production run. There will be MANY on the market in short time unlike discontinued models. Grey market should be in the 10-20% premium range.
SDGT3 is offline   Reply With Quote
Old 25 September 2020, 03:28 PM   #229
Twinrolex
"TRF" Member
 
Twinrolex's Avatar
 
Join Date: Jul 2013
Location: H Town
Watch: YG DD|YG SUB
Posts: 61
Nope..Ridiculous
Twinrolex is offline   Reply With Quote
Old 25 September 2020, 03:30 PM   #230
Moondoggy
"TRF" Member
 
Join Date: Jan 2015
Real Name: Berty
Location: NI/Aust/USA
Watch: and wait
Posts: 2,988
Of course I would, if that was the MRRP.

Durrrrrrrrr.
Moondoggy is offline   Reply With Quote
Old 28 September 2020, 01:02 AM   #231
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
Sub Date now breaking through into 13’s already

I’m telling you guys, just wait. Look at the amount of incomings for Subs on this very forum. It’s nuts to pay current premiums, just give it a few months and be patient
dmash is offline   Reply With Quote
Old 28 September 2020, 01:10 AM   #232
Tanvo
"TRF" Member
 
Join Date: Aug 2015
Location: US
Posts: 193
nope
Tanvo is offline   Reply With Quote
Old 28 September 2020, 01:19 AM   #233
Brian Page
"TRF" Member
 
Brian Page's Avatar
 
Join Date: Feb 2014
Location: USA
Posts: 6,522
Quote:
Originally Posted by dmash View Post
Sub Date now breaking through into 13’s already

I’m telling you guys, just wait. Look at the amount of incomings for Subs on this very forum. It’s nuts to pay current premiums, just give it a few months and be patient
Yes,

It's going to sort itself out.
Brian Page is offline   Reply With Quote
Old 28 September 2020, 01:31 AM   #234
jlovda
"TRF" Member
 
jlovda's Avatar
 
Join Date: May 2009
Real Name: John
Location: Midwest
Watch: 5513,1675,216570
Posts: 1,465
Quote:
Originally Posted by dmash View Post
Sub Date now breaking through into 13’s already

I’m telling you guys, just wait. Look at the amount of incomings for Subs on this very forum. It’s nuts to pay current premiums, just give it a few months and be patient
I'm repeating myself here but remember what everyone said back in April when the economy tanked. There apparently is enough money floating around to absorb 150% of Rolex's annual production. The economy around affluent Americans has hardly dropped at all. BTW, I own three watches and I'm done (unless my next door neighbor loses his job and offers me one for $5K).
jlovda is offline   Reply With Quote
Old 28 September 2020, 01:35 AM   #235
dmash
"TRF" Member
 
dmash's Avatar
 
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
Quote:
Originally Posted by jlovda View Post
I'm repeating myself here but remember what everyone said back in April when the economy tanked. There apparently is enough money floating around to absorb 150% of Rolex's annual production. The economy around affluent Americans has hardly dropped at all. BTW, I own three watches and I'm done (unless my next door neighbor loses his job and offers me one for $5K).
My counter to that though is that this is a non-essential item, with a limited amount of players. The demand has to peak at some point, every day we’re not churning out new Rolex fiends to maintain this demand.

That’s WITHOUT factoring in the fact that the hype could die out on social media with the flip of a switch. Don’t get me wrong, MSRP on anything SS should maintain no issue, I’m only stating this grey prices are at an inflection point IMO.
dmash is offline   Reply With Quote
Old 28 September 2020, 03:09 AM   #236
doramas
Banned
 
Join Date: Apr 2015
Location: Gran Canaria
Posts: 3,469
Nooooo
doramas is offline   Reply With Quote
Old 28 September 2020, 03:16 AM   #237
KatGirl
2024 Pledge Member
 
KatGirl's Avatar
 
Join Date: Jul 2012
Real Name: Kat
Location: Northern Ca, USA
Watch: 126233 Wimbledon T
Posts: 5,083
I am happy with my 16110 from 2010. No need for the new one. I don’t really see a difference, and I Do not need one larger than mine.
KatGirl is online now   Reply With Quote
Old 28 September 2020, 03:25 AM   #238
KatGirl
2024 Pledge Member
 
KatGirl's Avatar
 
Join Date: Jul 2012
Real Name: Kat
Location: Northern Ca, USA
Watch: 126233 Wimbledon T
Posts: 5,083
I am perfectly happy with the 16610. The new one is not different enough to justify getting it, and I certainly don’t need a larger diameter sub.


Sent from my iPad using Tapatalk
KatGirl is online now   Reply With Quote
Old 28 September 2020, 03:41 AM   #239
Hollie_Rollie
2024 Pledge Member
 
Hollie_Rollie's Avatar
 
Join Date: Sep 2018
Location: U.S.A.
Watch: SD43
Posts: 3,044
Quote:
Originally Posted by dmash View Post
Sub Date now breaking through into 13’s already

I’m telling you guys, just wait. Look at the amount of incomings for Subs on this very forum. It’s nuts to pay current premiums, just give it a few months and be patient

Agreed. I think hype across the luxury watch market has peaked. Not just rolex
Hollie_Rollie is offline   Reply With Quote
Old 28 September 2020, 04:06 AM   #240
Podmornica
Banned
 
Join Date: Aug 2019
Location: EU
Posts: 806
I believe the prices are falling on the grey market for this reference. Many incomings lately as well. I believe this is the least wanted piece among the new professional models and being that there's a whole decade of production in front of it, this will probably end up with a premium of 10-15%, same as the 114060 - if not lower as many don't seem to like the 41mm instead of 40 and a fat bracelet.
Podmornica is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Takuya Watches

Bobs Watches

My Watch LLC

OCWatches

DavidSW Watches

Coronet


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.