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Main Forums => General Discussion - Modern Watches => Topic started by: flatcap200 on August 08, 2019, 05:16:16 PM

Title: Rolex Prices Tanking
Post by: flatcap200 on August 08, 2019, 05:16:16 PM
All,

Recently prices for sports models have seen a slight correction of a few thousand RM. See the subs, batman etc. Word is stocks in the
primary market of HK are piling up due to closures & plummeting sales caused by the riots. The other reason is speculated to be a looming global recession.

Interestingly though, recent enquiries have revealed that inventories at ADs are not improving from previous levels. Wait lists are still as insanely long as before. In other words, apart from the local grey market scene further price increases still seem imminent.

Just wondering if certain models are experiencing a healthy minor correction or whether they will continue to tank in light of the troubles in HK. On that note, further correction may well be a welcome change for most of us except of course the serial speculators.

Cheers.
Title: Re: Rolex Prices Tanking
Post by: an36 on August 09, 2019, 05:31:34 PM
Ww hulk brand new 68800 Liao

Drop by like 6k compared to previous stock
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on August 09, 2019, 06:30:25 PM
Yeah...still too steep by any means.

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Title: Re: Rolex Prices Tanking
Post by: babihutan on August 09, 2019, 06:35:56 PM
Hope 114060 model tanking soon haha
Title: Re: Rolex Prices Tanking
Post by: G.MAC on August 09, 2019, 06:54:52 PM
Noticed prices are coming down slowly in the grey market. The situation in the AD is not likely to change anytime soon. Despite the drop in prices, the premiums attached are still approximately 100% over retail for pieces like the Daytona. Grey market dealers are still likely to lap up all available stock from the AD.
Title: Re: Rolex Prices Tanking
Post by: an36 on August 09, 2019, 08:51:07 PM
Noticed prices are coming down slowly in the grey market. The situation in the AD is not likely to change anytime soon. Despite the drop in prices, the premiums attached are still approximately 100% over retail for pieces like the Daytona. Grey market dealers are still likely to lap up all available stock from the AD.
grey market dealers will sapu everything one

Price drop 5k, they still earn kawkaw
Title: Re: Rolex Prices Tanking
Post by: Cocas on August 10, 2019, 06:36:51 AM
when mainland Chinese starts slowing in buying Rolex. The Rolex price-drop is inevitable.

Hong Kong is a key Rolex market and the sales are seriously affected by the prolonged riots.

We should be able to see a lot more pre-owned pieces price come down sharply by Q1 2020.
Title: Re: Rolex Prices Tanking
Post by: spoon2272 on August 10, 2019, 07:14:19 AM
Yes the price is going down slowly now.Hope it will go down more  :Dancing_banana:
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on August 10, 2019, 09:57:01 AM
Don't think there will be a sizable drop coz Rolex ADs are still starved of stock.

Once the riots simmer down, things will normalize.

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Title: Re: Rolex Prices Tanking
Post by: watchpassion on August 10, 2019, 10:31:04 AM
Rolex has long established history. It will drop to a reasonable price but it will not crash. It is just a market correction period. Rolex Grails SS - the Pepsi, Batman, Daytona C, Sky D, Hulk, Vintage. These are scarce and will remain in command. The people buying those are mostly recession-proof.
Title: Re: Rolex Prices Tanking
Post by: Caseywai on August 10, 2019, 06:52:19 PM
Is there really a correction? I’m still seeing crazy prices off their usual steel sport models. I did see Milgauss price has been very low. Any feedback on this?


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Title: Re: Rolex Prices Tanking
Post by: spoon2272 on August 10, 2019, 07:54:15 PM
Is there really a correction? I’m still seeing crazy prices off their usual steel sport models. I did see Milgauss price has been very low. Any feedback on this?


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Yes it's a bit cheaper now as you can see.Still going down i hope
Title: Re: Rolex Prices Tanking
Post by: watchpassion on August 10, 2019, 09:26:15 PM
Rolex fatigue, people are tired and they move on? if this demand is artificial, it has been driven by emotion and perceived scarceness. There is no real value justification for the current prices. thus, the pullback
Title: Re: Rolex Prices Tanking
Post by: x-1o8-x on August 11, 2019, 02:39:31 AM
the time they tanked to the point ADs started giving discounts on sports model is the time i'll get myself a sea/sky-dweller  ;D
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on August 11, 2019, 10:21:08 AM
Let’s not get ahead of ourselves. Once the dust settles in HK, prices are likely to recover.

Now, i’m sure we all prefer peace to deep discounts....right?
Title: Re: Rolex Prices Tanking
Post by: watchpassion on August 11, 2019, 10:40:00 AM
the time they tanked to the point ADs started giving discounts on sports model is the time i'll get myself a sea/sky-dweller  ;D

haha. i hope too! but i can assure you it will never happen. only time will tell. rolex has had stay relevant through history.
Title: Re: Rolex Prices Tanking
Post by: x-1o8-x on August 11, 2019, 12:35:33 PM
haha. i hope too! but i can assure you it will never happen. only time will tell. rolex has had stay relevant through history.

werent their lineups had discounts, albeit little back in the 2010's? not asking for 50% off, 20% off is very good already :P
Title: Re: Rolex Prices Tanking
Post by: an36 on August 12, 2019, 03:49:41 AM
haha. i hope too! but i can assure you it will never happen. only time will tell. rolex has had stay relevant through history.

werent their lineups had discounts, albeit little back in the 2010's? not asking for 50% off, 20% off is very good already :P

If can get 5% for professional range, it's very good already  :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on August 12, 2019, 08:03:35 AM
Just talked to an AD about wait lists and was told to expect a sub date in 7 years. People have children in 7 years for pete’s sake!! Deep sea blue watches come in like once a year...

Stupid as the situation is, this doesn’t bode well for 5% discounts at ADs.

The drop will be on grey dealer premium prices that have already skyrocketed. HK riots probably play a part too.
Title: Re: Rolex Prices Tanking
Post by: G.MAC on August 12, 2019, 01:24:19 PM
Just talked to an AD about wait lists and was told to expect a sub date in 7 years. People have children in 7 years for pete’s sake!! Deep sea blue watches come in like once a year...

Stupid as the situation is, this doesn’t bode well for 5% discounts at ADs.

The drop will be on grey dealer premium prices that have already skyrocketed. HK riots probably play a part too.

Agree with you that the drop are in the grey dealer premium prices. Daytonas at my ADs have a 20 year waitlist. So there is still a shortage in supply. I do wonder what happens if the model gets discontinued since a period of >5 years have been quoted for models in the Professional range. I guess those on the waitlist would have waited for nothing or end up paying a price that is similar to the premium price quoted today taking into account the annual price increase.
Title: Re: Rolex Prices Tanking
Post by: W3ll on August 14, 2019, 06:22:42 AM
I wonder if AD really bother to practice waitlist?

All i could see is they only put priority to customer who has buying profile and those that are able to make bundle purchase and they will allow them to slot in a sport Rolex. I even heard if people want a daytona you have to make purchase of RM400k and up
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on August 14, 2019, 12:18:50 PM
I wonder if AD really bother to practice waitlist?

All i could see is they only put priority to customer who has buying profile and those that are able to make bundle purchase and they will allow them to slot in a sport Rolex. I even heard if people want a daytona you have to make purchase of RM400k and up

Wouldn't be at all surprised if that were the case. At the end of the day, for the ADs its whatever brings in the numbers isn't it...

The real question is why these tactics are allowed to continue...
Title: Re: Rolex Prices Tanking
Post by: W3ll on August 14, 2019, 01:16:35 PM
Years ago AD even sell the sport watches by accepting "Premium" from customers. Rolex put the ban hammer down and the AD now practice being "selective" in who they want to sell the watches at retail price, whoever can bring in the most margin on the table. To be honest, what can Rolex do about it right?

Only way the tide can change is when people stop desiring for Rolex watches.
Title: Re: Rolex Prices Tanking
Post by: an36 on August 14, 2019, 03:32:29 PM
Years ago AD even sell the sport watches by accepting "Premium" from customers. Rolex put the ban hammer down and the AD now practice being "selective" in who they want to sell the watches at retail price, whoever can bring in the most margin on the table. To be honest, what can Rolex do about it right?

Only way the tide can change is when people stop desiring for Rolex watches.
lately I was offered to purchase at a premium by AD as well.. both big brand AD offered me.. they told me they have a friend outside who just got the watch and want to sell, blablabla, few k premium.. etc etc

I skipped and regretted :lol: next time got such offer terus take
Title: Re: Rolex Prices Tanking
Post by: babihutan on August 14, 2019, 04:42:05 PM
Can offer me contact? PM me...haha

Years ago AD even sell the sport watches by accepting "Premium" from customers. Rolex put the ban hammer down and the AD now practice being "selective" in who they want to sell the watches at retail price, whoever can bring in the most margin on the table. To be honest, what can Rolex do about it right?

Only way the tide can change is when people stop desiring for Rolex watches.
lately I was offered to purchase at a premium by AD as well.. both big brand AD offered me.. they told me they have a friend outside who just got the watch and want to sell, blablabla, few k premium.. etc etc

I skipped and regretted :lol: next time got such offer terus take
Title: Re: Rolex Prices Tanking
Post by: W3ll on August 15, 2019, 06:11:18 AM
Years ago AD even sell the sport watches by accepting "Premium" from customers. Rolex put the ban hammer down and the AD now practice being "selective" in who they want to sell the watches at retail price, whoever can bring in the most margin on the table. To be honest, what can Rolex do about it right?

Only way the tide can change is when people stop desiring for Rolex watches.
lately I was offered to purchase at a premium by AD as well.. both big brand AD offered me.. they told me they have a friend outside who just got the watch and want to sell, blablabla, few k premium.. etc etc

I skipped and regretted :lol: next time got such offer terus take

Keyword is through a "friend", so basically grey market dealers and also possibly they got their stock from the AD and if it manage to sold through a 3rd party they get a cut of the premium paid..

Question is how much premium you are willing to pay? Will you pay RM15k more for Sub Date?
Title: Re: Rolex Prices Tanking
Post by: an36 on August 15, 2019, 07:01:00 AM
Years ago AD even sell the sport watches by accepting "Premium" from customers. Rolex put the ban hammer down and the AD now practice being "selective" in who they want to sell the watches at retail price, whoever can bring in the most margin on the table. To be honest, what can Rolex do about it right?

Only way the tide can change is when people stop desiring for Rolex watches.
lately I was offered to purchase at a premium by AD as well.. both big brand AD offered me.. they told me they have a friend outside who just got the watch and want to sell, blablabla, few k premium.. etc etc

I skipped and regretted :lol: next time got such offer terus take

Keyword is through a "friend", so basically grey market dealers and also possibly they got their stock from the AD and if it manage to sold through a 3rd party they get a cut of the premium paid..

Question is how much premium you are willing to pay? Will you pay RM15k more for Sub Date?

15k is too much already.. current premium is around that amount as well
Title: Re: Rolex Prices Tanking
Post by: sixtydee123 on August 15, 2019, 11:16:35 AM
Definitely would not pay a 15k premium for a watch. But if you loads of cash and you got bit hard by the watch bug then by all means go for it. 
Title: Re: Rolex Prices Tanking
Post by: W3ll on August 16, 2019, 07:35:44 PM
Definitely would not pay a 15k premium for a watch. But if you loads of cash and you got bit hard by the watch bug then by all means go for it.

From all my watch enthusiast friends around me, i hardly could find one that are willing to pay premium for a rolex sports model. Those that i know paid premium for a rolex sports model is those that did not know the retail price for the watch and was told by grey dealer that the watch price will continue to go up
Title: Re: Rolex Prices Tanking
Post by: FourRings on August 20, 2019, 11:56:30 PM
Last week went to on AD in KL. Was looking around, asked and acted like i dont know anything about watches. Told them whats the cheapest to start off with.. the showed me a blue dial roman datejust 41.  :o

Whack laaa
Title: Re: Rolex Prices Tanking
Post by: an36 on August 21, 2019, 01:45:56 AM
Last week went to on AD in KL. Was looking around, asked and acted like i dont know anything about watches. Told them whats the cheapest to start off with.. the showed me a blue dial roman datejust 41.  :o

Whack laaa

Any discount for blue dials?
Title: Re: Rolex Prices Tanking
Post by: watchpassion on August 21, 2019, 09:07:53 AM
Last week went to on AD in KL. Was looking around, asked and acted like i dont know anything about watches. Told them whats the cheapest to start off with.. the showed me a blue dial roman datejust 41.  :o

Whack laaa

Any discount for blue dials?

in some local ADs, there are no discount for DJ41mm stainless steel. high demand these days
Title: Re: Rolex Prices Tanking
Post by: epsilon82 on August 21, 2019, 10:00:09 AM
Got the same info - no more discount for SS Rolex the 5 percent discount maybe is gone now.

Time line for ROLEX discount if I remember it correctly

<2010 - 10 percent
~2012 - 8 percent
~2017 - 5 percent
~2019 - 0 percent ?


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Title: Re: Rolex Prices Tanking
Post by: FourRings on August 21, 2019, 10:13:32 AM
Last week went to on AD in KL. Was looking around, asked and acted like i dont know anything about watches. Told them whats the cheapest to start off with.. the showed me a blue dial roman datejust 41.  :o

Whack laaa

Any discount for blue dials?


No discounts. As per the SA he said no discount on certain watch.
Title: Re: Rolex Prices Tanking
Post by: epsilon82 on August 21, 2019, 10:14:58 AM
Last week went to on AD in KL. Was looking around, asked and acted like i dont know anything about watches. Told them whats the cheapest to start off with.. the showed me a blue dial roman datejust 41.  :o

Whack laaa

Any discount for blue dials?


No discounts. As per the SA he said no discount on certain watch.

You bought it home ?


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Title: Re: Rolex Prices Tanking
Post by: FourRings on August 21, 2019, 11:19:06 AM
Last week went to on AD in KL. Was looking around, asked and acted like i dont know anything about watches. Told them whats the cheapest to start off with.. the showed me a blue dial roman datejust 41.  :o

Whack laaa

Any discount for blue dials?


No discounts. As per the SA he said no discount on certain watch.

You bought it home ?


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Yes definitely. Was mesmerized by the blue and roman dials
Title: Re: Rolex Prices Tanking
Post by: watchhobby1919 on August 21, 2019, 02:16:57 PM
At the rate Rolex price increasing or tanking, I think it will continue to be a dream for me to own a Submariner. A friend of mine randomly walked into AD to inquire Sub, but was told waiting list to be years. OMG.
Title: Re: Rolex Prices Tanking
Post by: r3kahsttub on August 21, 2019, 02:54:04 PM
I hope that market prices correct further. I remember, not too long ago, when premiums were just 1.5k extra. Nowadays, its a whole other watch.
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on August 21, 2019, 02:55:15 PM
At the rate Rolex price increasing or tanking, I think it will continue to be a dream for me to own a Submariner. A friend of mine randomly walked into AD to inquire Sub, but was told waiting list to be years. OMG.

Try the forum members ads here...
Title: Re: Rolex Prices Tanking
Post by: W3ll on August 22, 2019, 07:22:06 AM
when even datejust also need to be in waitlist and without discount, not sure how long we need to wait for the rolex demand to drop..
Title: Re: Rolex Prices Tanking
Post by: watchpassion on August 22, 2019, 09:48:32 AM
when even datejust also need to be in waitlist and without discount, not sure how long we need to wait for the rolex demand to drop..

very unlikely unless major catastrophic event, but that being said, rolex has survived through wars.
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on September 04, 2019, 02:01:38 PM
With any end in sight to the troubles in Hong Kong, prices may once again soar.
Title: Re: Rolex Prices Tanking
Post by: W3ll on September 05, 2019, 09:41:36 AM
Prices in grey market has come down like 1-3k
Title: Re: Rolex Prices Tanking
Post by: francis226 on September 12, 2019, 08:56:06 AM
Acquired a Tudor watch recently. Rolex remain to be my dream watch, price hike is way faster than my pay increment...lol
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on September 12, 2019, 10:45:15 PM
Acquired a Tudor watch recently. Rolex remain to be my dream watch, price hike is way faster than my pay increment...lol

1 step at at a time...you’ll get there  :thumbsup:
Title: Re: Rolex Prices Tanking
Post by: an36 on September 12, 2019, 11:09:42 PM
Prices in grey market has come down like 1-3k

 :Scolding: waiting for more  ;D
Title: Re: Rolex Prices Tanking
Post by: francis226 on September 13, 2019, 11:32:40 PM
Acquired a Tudor watch recently. Rolex remain to be my dream watch, price hike is way faster than my pay increment...lol

1 step at at a time...you’ll get there  :thumbsup:

Thank you..look forward to it  ;)
Title: Re: Rolex Prices Tanking
Post by: echan78 on October 07, 2019, 03:23:14 PM
won't be coming down anytime soon, i also suspect those waiting lists for years are just a polite way for the AD to turn a buyer down. Im sure they have a separate list for preferred clients jz my 2 sens
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on October 07, 2019, 08:05:18 PM
Minor correction is happening as we speak. Check out the grey dealers. Sales have slowed too with more sellers flooding the market & ongoing unrest in HK.

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Title: Re: Rolex Prices Tanking
Post by: echan78 on October 08, 2019, 07:40:50 AM
Yes indeed
 However jz minor adjustments. Its still around double of the msrp which is not very nice

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Title: Re: Rolex Prices Tanking
Post by: r3kahsttub on October 08, 2019, 08:36:53 AM
Well, everyone bought high and still hoping to sell high. No one wants to lose money on a steel sports Rolex! But stop the buying, and the correction will continue.
Title: Re: Rolex Prices Tanking
Post by: SaharaDaytona on October 10, 2019, 05:53:19 AM
Daytona price has dropped by 5%. You can get one in the grey below RM 100k.
Title: Re: Rolex Prices Tanking
Post by: WHEELQ on October 12, 2019, 09:31:28 PM
A new unused 16610LV Hulk was rm72,000 at peak time. now only about 61k. thats 15% gone. but price now seems pretty stable..
Title: Re: Rolex Prices Tanking
Post by: spoon2272 on October 13, 2019, 01:44:35 PM
A new unused 16610LV Hulk was rm72,000 at peak time. now only about 61k. thats 15% gone. but price now seems pretty stable..

Yes as far as i can see the major drop only applied to Hulk/Batman/new Pepsi because the prices of these models were skyrocketed and of the LN models is quite stable
Title: Re: Rolex Prices Tanking
Post by: watchpassion on October 31, 2019, 09:36:18 PM
rolexes are still on demand, due to hk crisis, prices dropped, probably good time to buy. i guess it has normalized. we'll see
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on November 01, 2019, 02:07:22 PM
Yes it seems to have stabilized + market has already factored in HK unrest.

Interestingly though, Chrono24 shows increments in the pricing of Hulk. I wonder if perhaps rumours are abound of discontinuation in 2020...
Title: Re: Rolex Prices Tanking
Post by: smureli on November 12, 2019, 01:45:58 PM
why are the prices for sport steel Rolex in such high demand, is it because traders are creating this demand or are there actually that many rich Malaysian buying Rolex.
Title: Re: Rolex Prices Tanking
Post by: wslim1977 on November 22, 2019, 06:34:02 PM
Would like to know if Yacht Master 40mm everose  gold command any premium in the grey market.
Title: Re: Rolex Prices Tanking
Post by: smureli on November 23, 2019, 06:36:46 PM
the prices may adjust slightly, but to 'tank' dont think so, the demand for steel sport watches is still strong, Watchefinder UK and a few other retailers have suggested discounts, but the original prices are double (2x) AD prices, so the slight adjustment is justified but prices is far from tanking.
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on November 26, 2019, 12:39:48 PM
Let's hope so for the sake of the flippers ;)
Title: Re: Rolex Prices Tanking
Post by: Phan on December 13, 2019, 11:30:48 PM
Rolex watches will never tank.. just like stock market it'll have a short term correction before trending up again.. similar to Dow Jones, 97 was 1000 point and now over 28000...desire is there, demand will be .
Title: Re: Rolex Prices Tanking
Post by: aum1 on December 15, 2019, 04:31:24 PM
why are the prices for sport steel Rolex in such high demand, is it because traders are creating this demand or are there actually that many rich Malaysian buying Rolex.

There are many wealthy Malaysians buying Rolexes (plural). That wealthy lot are responsible for easily 80% of the new purchases. They have multiple Rolex watches and a spending problem  :thumbsup:

There are even orang miskin bandar rocking Rollies (singular), I'm one  :Laughing_on_floor:

Title: Re: Rolex Prices Tanking
Post by: epsilon82 on December 18, 2019, 11:12:05 AM
Some source in The Rolex Forum (TRF) saying price adjustment for EU / UK is on the way at 7 percent on 1st January 2020.


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Title: Re: Rolex Prices Tanking
Post by: dpkong on December 19, 2019, 05:35:40 PM

some choose to feed the monster..
Title: Re: Rolex Prices Tanking
Post by: watchpassion on December 21, 2019, 08:53:43 AM
It is confirmed Rolex will increase their pricing by 5-7% from 1st of Jan 2020 onwards.
Title: Re: Rolex Prices Tanking
Post by: epsilon82 on December 21, 2019, 09:37:50 AM
Rolex’s sibling Tudor price increase is on the way from 1% to 3%, and the warranty will be increased from 2 years to 5 years.


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Title: Re: Rolex Prices Tanking
Post by: W3ll on January 04, 2020, 06:22:13 AM
when is Tudor price increasing? last check there is no new about price increase.. only rolex
Title: Re: Rolex Prices Tanking
Post by: epsilon82 on January 04, 2020, 07:01:08 AM
when is Tudor price increasing? last check there is no new about price increase.. only rolex

Already increased up to 3 percent start 1st January 2020, and they upgraded the warranty from two years to five years.


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Title: Rolex Prices Tanking
Post by: ck77 on January 04, 2020, 12:35:01 PM
when is Tudor price increasing? last check there is no new about price increase.. only rolex

Already increased up to 3 percent start 1st January 2020, and they upgraded the warranty from two years to five years.


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5 years warranty started since 2015


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Title: Re: Rolex Prices Tanking
Post by: epsilon82 on January 04, 2020, 01:02:30 PM
when is Tudor price increasing? last check there is no new about price increase.. only rolex

Already increased up to 3 percent start 1st January 2020, and they upgraded the warranty from two years to five years.


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5 years warranty started since 2015


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That’s for Rolex, the Tudor just started few days ago.


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Title: Re: Rolex Prices Tanking
Post by: palsubzero88 on January 04, 2020, 04:11:31 PM
Rolex increase 3%-10%  :Blue:
Title: Re: Rolex Prices Tanking
Post by: thiamtime on February 22, 2020, 02:43:12 PM
i've seen a drop in GMT Batman and Pepsi prices in the grey market  :Dancing_banana:
Title: Re: Rolex Prices Tanking
Post by: Cocas on February 22, 2020, 05:31:06 PM
i've seen a drop in GMT Batman and Pepsi prices in the grey market  :Dancing_banana:

Yes, I confirm that too.
Title: Re: Rolex Prices Tanking
Post by: blackmamba24 on February 24, 2020, 08:00:22 PM
The grey market price has went up way too much for Pepsi and Batman, a slight drop in price is still not justifiable  :thumbsdown:. My brother and I always buy from the same salesperson and even that still can’t get our hands on directly from boutique.
Title: Re: Rolex Prices Tanking
Post by: Kayjay on February 28, 2020, 02:31:31 PM
Visited a grey dealer recently, and been told that lately most of their new stocks are from local ADs/ boutiques. Wonder how to get our hands on any sports model from ADs or boutiques?? ???
Title: Re: Rolex Prices Tanking
Post by: ck77 on February 28, 2020, 04:10:32 PM
Visited a grey dealer recently, and been told that lately most of their new stocks are from local ADs/ boutiques. Wonder how to get our hands on any sports model from ADs or boutiques?? ???
Walk in there and tell them you willing to spend 200k on corum/panerai/gp etc, the SA will take out Rolex ss sport models from the safe.


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Title: Re: Rolex Prices Tanking
Post by: blackmamba24 on February 28, 2020, 05:11:30 PM
Visited a grey dealer recently, and been told that lately most of their new stocks are from local ADs/ boutiques. Wonder how to get our hands on any sports model from ADs or boutiques?? ???
Walk in there and tell them you willing to spend 200k on corum/panerai/gp etc, the SA will take out Rolex ss sport models from the safe.


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Hahaha the TRUTH!  :thumbsup: By the way 200k is annually, you might have to spend a couple of 200k to get your hands on a Rolex sports model depending on its rarity.
Title: Re: Rolex Prices Tanking
Post by: Cocas on March 03, 2020, 12:59:23 PM
https://youtu.be/raoRTiOs_Ls (https://youtu.be/raoRTiOs_Ls)


Rolex price reducing.
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 03, 2020, 04:37:50 PM
https://youtu.be/raoRTiOs_Ls (https://youtu.be/raoRTiOs_Ls)


Rolex price reducing.

Had a similar experience like his business friend getting a SS model at an AD just by asking so he might be on to something but don't expect prices to fall like rocks at grey dealers yet.

Hopefully enough people stop paying the premiums so we can finally see SS models at ADs sold at RRP or with some discounts.
Title: Re: Rolex Prices Tanking
Post by: dennis.T on March 12, 2020, 03:07:14 PM
https://youtu.be/raoRTiOs_Ls (https://youtu.be/raoRTiOs_Ls)


Rolex price reducing.

Had a similar experience like his business friend getting a SS model at an AD just by asking so he might be on to something but don't expect prices to fall like rocks at grey dealers yet.

Hopefully enough people stop paying the premiums so we can finally see SS models at ADs sold at RRP or with some discounts.

tough bro... is global problem.. thanks to those KOL or celebrities and auction house...I been eyeing a panda Daytona 116500 for ages but still... sigh...
Title: Re: Rolex Prices Tanking
Post by: exodus on March 13, 2020, 11:23:17 AM
I wish.....hopefully we'll see some spillover effect for the preowned market too....everything has shot up so much in the last 3 years....the sub LV from 35 to 50....the ss daytona from 50 to 70.....would have been good investments then!
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on June 18, 2020, 04:06:01 PM
Very slight price corrections seen eg pre-owned Hulk from 60k down to 54-56k. Don't see it plummeting unless the recession drags on. Plus Rolex manufacturing reportedly ceased for about 3 weeks or so.
Title: Re: Rolex Prices Tanking
Post by: Cocas on June 19, 2020, 07:02:13 AM
Walked into the Rolex shop 3rd times, still no sign of SS Sports.

But at least the young chap took initiative to inform me that the Wimbledon just arrived and show them to me.

Good sign, hope that next time he'll me the SS Sport.
Title: Re: Rolex Prices Tanking
Post by: gunsnroses on June 19, 2020, 08:46:27 AM
I walked into an AD yesterday in KL. To qualify for sport watches, need to spend RM200k, thats what the sales fellow told me. Mind you, I have purchased watches from this guy before, he spoke very seriously about it.

Title: Re: Rolex Prices Tanking
Post by: Cocas on June 19, 2020, 09:10:52 AM
I know the tussle between Rolex boutique and consumer started when the grey market buyers are cash tight now during Covid19 and stop buying.

Once grey market customer is not able to buy from Rolex boutique with 200k purchase each time. The buyer market will return.
Title: Rolex Prices Tanking
Post by: G.MAC on June 19, 2020, 09:28:11 AM
Don’t forget that production stopped for a while. I don’t think there will be a lot of stock. But good if sports models are available once again in the AD.


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Title: Re: Rolex Prices Tanking
Post by: r3kahsttub on June 21, 2020, 12:45:57 AM
Well, if fewer people bought from grey, this problem would also dissipate slightly. The issue here is that many are willing to buy from grey dealer. Myself; I realize now there are watches I can live without :-)
Title: Re: Rolex Prices Tanking
Post by: r3kahsttub on June 21, 2020, 01:06:25 AM
Just to share; shortage at ADs is ridiculous BS. I was recently on an island in Thailand (pre-virus times) and stopped by the only Rolex AD there. They had Green Milgauss, EXP2 and Wimbledon on display. Chatted the SA up, and he brought out some blue dial DJ36 and DJ41 as well as DSSD. Then after more chit-chat, he brought out a box of watches to show me.

What was in there?

2x Hulk
1x Black Sub Date
2x Sub No Date
1x Pepsi BLRO
2x Batman BLNR
1x DBlue
1x Black Daytona
1x White Daytona
1x Rootbeer

I was asked very nicely not to take any pics, or I'd risk getting him in trouble, so I complied (so you'll have to take my word for it). As soon as other customers floated into the store, the boxes disappeared from sight. In that time, I was only offered the chance to purchase Rootbeer; but given the RRP for Rolex is higher in TH, I passed. Again, this was one AD on an island -- I doubt they sell so many regular watches to grey dealers to rack up an allocation like that. Not to mention that few grey dealers are buying from TH to sell elsewhere in the world, due to their much higher RRPs.

My conclusion was that all the other ADs worldwide (including the ones in KL) are just holding out and selling only to their "preferred" customers. And favourite grey dealers, of course.
Title: Re: Rolex Prices Tanking
Post by: Cocas on June 21, 2020, 11:16:53 AM
It's time for another "quartz" like crisis to whack those snobbish mechanical watch companies and watch dealers. ;D
Title: Re: Rolex Prices Tanking
Post by: G.MAC on June 21, 2020, 02:43:19 PM
I think it is happening now. The rise of the Smartwatch. Unfortunately it does not affect companies like Rolex, Patek Philippe or Audemars Piguet.


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Title: Re: Rolex Prices Tanking
Post by: dpkong on June 22, 2020, 07:31:03 PM
It's time for another "quartz" like crisis to whack those snobbish mechanical watch companies and watch dealers. ;D

 :Dancing_banana:

... and then the alarm went off and I woke up...

 :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: W3ll on June 28, 2020, 08:02:11 AM
Just to share; shortage at ADs is ridiculous BS. I was recently on an island in Thailand (pre-virus times) and stopped by the only Rolex AD there. They had Green Milgauss, EXP2 and Wimbledon on display. Chatted the SA up, and he brought out some blue dial DJ36 and DJ41 as well as DSSD. Then after more chit-chat, he brought out a box of watches to show me.

What was in there?

2x Hulk
1x Black Sub Date
2x Sub No Date
1x Pepsi BLRO
2x Batman BLNR
1x DBlue
1x Black Daytona
1x White Daytona
1x Rootbeer

I was asked very nicely not to take any pics, or I'd risk getting him in trouble, so I complied (so you'll have to take my word for it). As soon as other customers floated into the store, the boxes disappeared from sight. In that time, I was only offered the chance to purchase Rootbeer; but given the RRP for Rolex is higher in TH, I passed. Again, this was one AD on an island -- I doubt they sell so many regular watches to grey dealers to rack up an allocation like that. Not to mention that few grey dealers are buying from TH to sell elsewhere in the world, due to their much higher RRPs.

My conclusion was that all the other ADs worldwide (including the ones in KL) are just holding out and selling only to their "preferred" customers. And favourite grey dealers, of course.

Agree, no shortage at all, spoke to someone high rank in an AD, sport watches stocks are nicely sitting in their safe just waiting for management approval to be sold to whichever customer "deserving"
Title: Re: Rolex Prices Tanking
Post by: fitri on August 07, 2020, 03:20:47 PM
The prices started went up due to craze around paul newman daytona. Given few more years I believe that the prices will stabilised once again. Rumors has it that "a corporation" bought it to create demand  :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: 2ndOpinion on August 08, 2020, 01:01:10 PM
Ouch! There will come a time, and soon in this long recession,  when the crazy prices of the steel models crash like Panerai.(https://uploads.tapatalk-cdn.com/20200808/fbb583bf0e7f788d41fff51f7dbfd69f.jpg)


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Title: Re: Rolex Prices Tanking
Post by: Cocas on August 08, 2020, 01:13:43 PM
Ouch! There will come a time, and soon in this long recession,  when the crazy prices of the steel models crash like Panerai.(https://uploads.tapatalk-cdn.com/20200808/fbb583bf0e7f788d41fff51f7dbfd69f.jpg)


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Yeah... I will keep waiting its price drops to my affordable price range. :thumbsup:
Title: Re: Rolex Prices Tanking
Post by: dpkong on August 08, 2020, 02:20:00 PM
Ouch! There will come a time, and soon in this long recession,  when the crazy prices of the steel models crash like Panerai.

Sent from my iPad using Tapatalk


Panerai is no ROLEX so don't hold your breath eh..
Title: Re: Rolex Prices Tanking
Post by: 2ndOpinion on August 08, 2020, 02:46:25 PM

And neither is ROLEX AP or PP eh. The point is any price bubble will risk an implosion, or explosion.
Title: Re: Rolex Prices Tanking
Post by: dpkong on August 08, 2020, 03:02:57 PM

And neither is ROLEX AP or PP eh. The point is any price bubble will risk an implosion, or explosion.

Don't get me wrong, I am all for a crash so many of us here can get our desired sport ROLEX models at a discount from RRP but ...

The reason I have yet to acquire a steel Daytona is that for more than 10 years, I have not been able to get a new one at a discount or even retail price and it doesn't look like it's going to happen anytime soon. And while I have been waiting, the disease has spread to the GMT and then the Submariner, Yachtmaster, Explorer I/II, Air-King, 41mm Datejusts and then to the half-gold models and then the solid gold models and now to Tudor???

AP is still available, boutique only, in excess of RM100k for steel sports models. Ask for a steel Royal Oak and the SA will snub you.

ROLEX is indeed no PP but it is getting there.


To be honest, more of the people thumping on the issue of watch prices are those looking to sell a piece ...

 ;D
Title: Re: Rolex Prices Tanking
Post by: avabobatea on August 14, 2020, 07:11:42 PM
How do we justify that market is bad when we have to queue/beg to buy a a Rolex? Crazy
Title: Re: Rolex Prices Tanking
Post by: echan78 on August 15, 2020, 09:56:34 AM
And with certain people justifying playing AD games spending hundreds of thousands just to qualify to be sold a steel lolek is prove that this country is highly properous after all. Where got market bad?

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Title: Re: Rolex Prices Tanking
Post by: nctt1971 on August 25, 2020, 05:50:37 PM
For those who are keen to get one on the scond hand market... this is the time to do so... HK are recovering fast.. and demand will start head north. Local AD no hope..
Title: Re: Rolex Prices Tanking
Post by: dpkong on September 04, 2020, 06:20:36 PM
For those who are keen to get one on the scond hand market... this is the time to do so... HK are recovering fast.. and demand will start head north. Local AD no hope..


too late...

Whoever was holding out for prices to tank must be crying now..

Title: Re: Rolex Prices Tanking
Post by: c4all on September 06, 2020, 10:12:56 AM
For those who are keen to get one on the scond hand market... this is the time to do so... HK are recovering fast.. and demand will start head north. Local AD no hope..


too late...

Whoever was holding out for prices to tank must be crying now..



Indeed. I was dithering over buying another piece but the MCO meant that money was a bit tight. Then I heard my friend got a 114060 last month at the same price i bought mine a year ago so i thought prices are coming down but boy was i wrong. Now i am the one  :'(
Title: Re: Rolex Prices Tanking
Post by: bulletnos on September 15, 2020, 09:34:48 PM
I sold my OP39 114300 White Dial earlier this year...now even that piece went up in price cos discontinued...crazy world...
Title: Re: Rolex Prices Tanking
Post by: joink on September 16, 2020, 06:47:08 PM
Are Rolex prices shooting up in Malaysia alone or worldwide? I normally use luxury goods to gauge how much hot money there is in the market.
Title: Re: Rolex Prices Tanking
Post by: G.MAC on September 16, 2020, 07:22:09 PM
Globally prices are increasing for Rolex in the grey market. Singapore, Australia, HK, USA are some that I have observed first hand. Not too sure about Europe. Some of the pieces such as the Daytona, Submariner and GMT are moving quite quickly too at these high prices.


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Title: Re: Rolex Prices Tanking
Post by: dpkong on September 17, 2020, 06:35:29 PM
Are Rolex prices shooting up in Malaysia alone or worldwide? I normally use luxury goods to gauge how much hot money there is in the market.

So you're the desginated hot money detector??

 :Laughing_on_floor:

Though to be fair, a lot of buyers out there are those who worry the currency will fail and and with gold at the all time high, diversifying some funds to ROLEX investments is the next logical step, if you look at how they've been appreciating on the market.

Those who can't afford it now are sitting outside the fence ogling and crying foul at the ADs. Some others will be hanging on to their savings and hope it doesn't become banana currency and that the used market will crash and they can finally afford their favorite model. The question is will it still be a favorite model when it's no longer trading at or above retail price?
Title: Re: Rolex Prices Tanking
Post by: joink on September 18, 2020, 04:44:58 AM
Are Rolex prices shooting up in Malaysia alone or worldwide? I normally use luxury goods to gauge how much hot money there is in the market.

So you're the desginated hot money detector??

 :Laughing_on_floor:

Though to be fair, a lot of buyers out there are those who worry the currency will fail and and with gold at the all time high, diversifying some funds to ROLEX investments is the next logical step, if you look at how they've been appreciating on the market.

Those who can't afford it now are sitting outside the fence ogling and crying foul at the ADs. Some others will be hanging on to their savings and hope it doesn't become banana currency and that the used market will crash and they can finally afford their favorite model. The question is will it still be a favorite model when it's no longer trading at or above retail price?

lol far for it  ;D

It is true some flock to ROLEX as a safe "heaven" but not too sure of the quantum. You guys are more experience in this scene. Do you see similar jump/trend in prices for ROLEX during the last down turns? Watches as an investment has always been a huge debate.

My thoughts revolve around the notion that even models like DJ are flying off the shelves….suspect these are being bought by the masses, like how retail investors have doubled in the share market and fueling it to a certain degree.

Well the saying goes, when the general public starts talking about it, be careful. Seeing it with stocks and ROLEX now. Seen it with BitCoin and properties.
Title: Re: Rolex Prices Tanking
Post by: dpkong on September 18, 2020, 10:49:42 AM

lol far for it  ;D

It is true some flock to ROLEX as a safe "heaven" but not too sure of the quantum. You guys are more experience in this scene. Do you see similar jump/trend in prices for ROLEX during the last down turns? Watches as an investment has always been a huge debate.

My thoughts revolve around the notion that even models like DJ are flying off the shelves….suspect these are being bought by the masses, like how retail investors have doubled in the share market and fueling it to a certain degree.

Well the saying goes, when the general public starts talking about it, be careful. Seeing it with stocks and ROLEX now. Seen it with BitCoin and properties.

Last time in 1997 and 2008, luxury watches were not such a hit among the masses and only a few models like vintage Submariner, Kermit and Daytona were sought after by WIS collectors. Now after reading the first few pages of "Watch Investing for Dummies", every Tom, Dick and Harry is taking out money from stock markets or savings with poor returns and banking on ROLEX. At first they go for the hot sports models and when the grey dealers price it up too high, they start going for Air-King and Datejusts as well.

Another possibility is that most ROLEX sport models are priced in the budget category, maybe not for Malaysian average salaries since most steel sports models are in the RM30k-40k bracket at retail price, which translates to about USD10k at most or about SGD10k which isn't a lot at all.

If you're thinking whether the bubble will burst, opinions are that people will start to feel the crunch late this year maybe around November and get really bad around March/April 2021 .....

If there really is a major economic downturn, I doubt you will see a free fall in pricing. Demand will drop for sure, more pieces will show up for sale at ADs and pricing will be corrected to more realistic levels instead of 3x retail price. But a luxury watch is a tangible asset and not like Bitcoin so it's not really a good comparison. And the majority of people buying a luxury watch aren't going to be affected by the economic downturn. Of course there will be "investors" who need to sell their "investments" if they need the cashflow but don't expect there will be a lot of those around and the desperate ones will end up at pawnshops or grey dealers anyway.

As it is, some people have already been burned when buying the Patek 5711 at peak prices and even some AP models but of course nobody is going to make a big fuss about that so as not to appear silly to the watch investor community.

Title: Re: Rolex Prices Tanking
Post by: c4all on October 04, 2020, 01:21:29 PM
It may not be tanking but i noticed prices for the new submariners are being adjusted almost weekly at the grey market dealers. I guess people are not buying them at the exorbitant prices. Would they face the fate of the Batgirl, i wonder...One thing is for sure is that it will not touch retail but who knows?
Title: Re: Rolex Prices Tanking
Post by: W3ll on October 05, 2020, 07:38:20 AM
It may not be tanking but i noticed prices for the new submariners are being adjusted almost weekly at the grey market dealers. I guess people are not buying them at the exorbitant prices. Would they face the fate of the Batgirl, i wonder...One thing is for sure is that it will not touch retail but who knows?

With the crazy hype out prices now , for sure the price will slowly being adjust down. paying RM95K for a Green bezel? zzz
Title: Re: Rolex Prices Tanking
Post by: c4all on October 05, 2020, 07:55:59 AM
It may not be tanking but i noticed prices for the new submariners are being adjusted almost weekly at the grey market dealers. I guess people are not buying them at the exorbitant prices. Would they face the fate of the Batgirl, i wonder...One thing is for sure is that it will not touch retail but who knows?

With the crazy hype out prices now , for sure the price will slowly being adjust down. paying RM95K for a Green bezel? zzz

Agreed. Prices started out too crazy.
Title: Re: Rolex Prices Tanking
Post by: dpkong on October 05, 2020, 06:34:59 PM

With the crazy hype out prices now , for sure the price will slowly being adjust down. paying RM95K for a Green bezel? zzz



You can't blame the grey dealers for trying to fleece buyers... they look at previous trends and expect the demand. No doubt price is going down but I hear there were a lot of initial pieces that sold at those asking prices.
Title: Re: Rolex Prices Tanking
Post by: dennis.T on October 11, 2020, 06:57:45 PM
Willing seller willing buyer..
Title: Re: Rolex Prices Tanking
Post by: IamJacky on October 12, 2020, 01:16:21 PM
Was doing a bit of window shopping at the grey market over the weekend. Rolex is simply too hot right now. Back in June, just right after MCO, Sub Date and Black GMT II are going for roughly RM47-55k range. In the span of less than 3 months, all sport models have shot up at least RM8-10K in the grey.

Today any Sub date/GMT II easily go for RM55-60K range; the Batgirl/Batman easily RM70K+

The new Subs are RM60-65K and the new Sub LV is RM95K.

I'm also on watch forums in the US and Taiwan. It seems that Rolex grey prices are shooting up simultaneously across the world. I'm glad I was able to purchase the models that I wanted before this crazy spike. Don't know when the market will calm and correct itself, probably a long time.

Walked into a few ADs as well, they all universally have only Lady's TT Datejusts and some Men's TT Datejusts left.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on October 12, 2020, 06:17:26 PM
The pandemic really favors Rolex crazy pricings...

Soon we can expect RM90-100K SS sub if more incoming c19 waves...
Title: Re: Rolex Prices Tanking
Post by: bulletnos on October 12, 2020, 10:12:41 PM
at least we're seeing the newer 41mm sub prices coming down little by little among the grey dealers...they are starting to realize not too many people willing to fork out that kinda money for those models out there...haha
Title: Re: Rolex Prices Tanking
Post by: Cocas on October 12, 2020, 10:38:38 PM
at least we're seeing the newer 41mm sub prices coming down little by little among the grey dealers...they are starting to realize not too many people willing to fork out that kinda money for those models out there...haha


Yes, the 126300 AD price is EUR 7300, about MYR 35k. But now Malaysia grey market dealer is selling it at MYR 33k.
Title: Re: Rolex Prices Tanking
Post by: dpkong on December 13, 2020, 12:35:45 PM
at least we're seeing the newer 41mm sub prices coming down little by little among the grey dealers...they are starting to realize not too many people willing to fork out that kinda money for those models out there...haha

The 126610LV was going at near 100k when it was available in the market. It is not around 80k. I guess it really can come down. Question is how much lower will it go?

Meanwhile the 116610LV are also coming down a little.

Lately have seen a lot more people posting their sport ROLEX but unsure if they got it from ADs or grey dealers.

Title: Re: Rolex Prices Tanking
Post by: DrSyazli on December 13, 2020, 07:35:55 PM
The second hand price is really going up, been looking at the Kermit though
Title: Re: Rolex Prices Tanking
Post by: swleong on December 17, 2020, 08:06:33 AM
I will never look at Rolex the same again.

When I see somebody is wearing a modern Rolex now, I only see a pile of cash on their wrist, no longer a time piece.

Gone are the days where I admire the design of the engineering works, the use of new material, the robust in-house movement, the brand history.

 :Blue:
Title: Re: Rolex Prices Tanking
Post by: cvl003 on December 17, 2020, 10:34:42 AM
I will never look at Rolex the same again.

When I see somebody is wearing a modern Rolex now, I only see a pile of cash on their wrist, no longer a time piece.

Gone are the days where I admire the design of the engineering works, the use of new material, the robust in-house movement, the brand history.

 :Blue:
Agree wt Bro said, now Rolex pricing is too much insane increasing, not justify the premium price. Compared to my 1st purchase Rolex since 6yrs ago, the pricing is still worth buying wt sales rep still can give additional discount @5%(my 114060). Now i am more to Japanese watch eg:Seiko cos it has more varieties to choose and worth (more or less) the price of the watch.


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Title: Re: Rolex Prices Tanking
Post by: dpkong on December 17, 2020, 11:38:04 AM
I will never look at Rolex the same again.

When I see somebody is wearing a modern Rolex now, I only see a pile of cash on their wrist, no longer a time piece.

Gone are the days where I admire the design of the engineering works, the use of new material, the robust in-house movement, the brand history.

 :Blue:

That sounds like you're just bitter about the lack of stock at AD and the premiums by grey sellers. Eventually, you would get a chance to buy one at retail and the brand would have redeemed itself.
Title: Re: Rolex Prices Tanking
Post by: swleong on December 17, 2020, 12:18:48 PM
I will never look at Rolex the same again.

When I see somebody is wearing a modern Rolex now, I only see a pile of cash on their wrist, no longer a time piece.

Gone are the days where I admire the design of the engineering works, the use of new material, the robust in-house movement, the brand history.

 :Blue:

That sounds like you're just bitter about the lack of stock at AD and the premiums by grey sellers. Eventually, you would get a chance to buy one at retail and the brand would have redeemed itself.

Bitter about it, yes of course.

I still like Rolex.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on December 17, 2020, 03:27:24 PM
One can forget about getting any sport model or rrp from Rolex Malaysia. Can only buy from grey....
Title: Re: Rolex Prices Tanking
Post by: IamJacky on December 17, 2020, 05:53:34 PM
One can forget about getting any sport model or rrp from Rolex Malaysia. Can only buy from grey....

Pretty much. At least in the foreseeable future that will remain the case.

There are about 6 ADs I know of in the KL area. In the same vicinity, I know of at least 12-15 grey dealers with physical store fronts. I've purchased from 3 of them. I'm guessing some if not most of them have some sort of relationship with these ADs.

On top of the grey dealers, there are also the VIPs and VVIPs who spend much more than most of us combined.

Then there goes the regular enthusiasts who just want a SS piece, signed up on the waiting list. So yeah, to me, there is no such thing as MSRP for the popular SS models. The chance of getting them at retail is basically zero.
Title: Re: Rolex Prices Tanking
Post by: Potential_Highlight on December 17, 2020, 07:09:21 PM
I will never look at Rolex the same again.

When I see somebody is wearing a modern Rolex now, I only see a pile of cash on their wrist, no longer a time piece.

Gone are the days where I admire the design of the engineering works, the use of new material, the robust in-house movement, the brand history.

 :Blue:
To some, that is the actual point, isn't it?

I mean, if it's horology that you're into, there are probably a few dozen other manufacturers to look into, before Rolex even gets a mention, isn't it?
Title: Re: Rolex Prices Tanking
Post by: dpkong on December 18, 2020, 09:22:16 AM
I will never look at Rolex the same again.

When I see somebody is wearing a modern Rolex now, I only see a pile of cash on their wrist, no longer a time piece.

Gone are the days where I admire the design of the engineering works, the use of new material, the robust in-house movement, the brand history.

 :Blue:
To some, that is the actual point, isn't it?

I mean, if it's horology that you're into, there are probably a few dozen other manufacturers to look into, before Rolex even gets a mention, isn't it?


much bitterness, i sense in this post...
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on December 19, 2020, 03:29:23 PM
Rolex has shut their production again until next year citing Swissz c19 is surging to 4k daily...

It’s gonna be doubly hard to get any Rollies next year....
Title: Re: Rolex Prices Tanking
Post by: G.MAC on December 19, 2020, 03:32:34 PM
Last I saw was only during middle of this year. Did not read about the company shutting down production again. 
Title: Re: Rolex Prices Tanking
Post by: dpkong on December 19, 2020, 04:17:00 PM
Rolex has shut their production again until next year citing Swissz c19 is surging to 4k daily...

It’s gonna be doubly hard to get any Rollies next year....

Probably just the regular year end Christmas break...

There's plenty of stock in the distribution center for sure (SG, I believe it was). It doesn't come directly from Switzerland.

Title: Re: Rolex Prices Tanking
Post by: jack88x on December 19, 2020, 07:52:16 PM
yup..my klia rolex inform me there will be a delay

on the waiting list for the 2020 model 278384RBR

still hvnt decide..if too long might as well go for patek24
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on December 24, 2020, 02:17:54 PM
Undeniably, the harder these pieces are to come by (at ADs) the more obsessed will punters be in securing theirs. So long as the market remains free of regulation, these retailers (ADs & grey) will continue their games unabated. Whether we like it or not Rolex and their resellers have really got their games down pat!

Simple fact is we all know the best way around this is not buying their product...but the mind works in mysterious ways doesn't it... Ppl generally lust after what they can't have or obtain through normal means. I am of course referring to the luxury segment and not other objects of lust ;)

Perhaps the best way forward is simply paying the premium and obtaining the piece you desire and be done with it! Or just not bother at all.
Title: Re: Rolex Prices Tanking
Post by: dpkong on December 24, 2020, 02:59:41 PM

Ultimately, it all boils down to the kind of AD friend you have and the pieces you are buying. If you're only interested in buying the steel models, then they will always classify you as a flipper/reseller and put you in that category of customers.

So if you say you're a ROLEX enthusiast but can only afford to own only one ROLEX and can only buy a steel model, would you really keep it when a grey dealer would immediately offer easily 10-20k extra to hand over the watch?

Blame the grey dealers and blame the market hype.... unless of course you've got a good AD and he keeps you happy.





Title: Re: Rolex Prices Tanking
Post by: dpkong on February 28, 2021, 07:38:25 PM

Anyone noticed the prices of some "hot models" seem to have come down a little lately?

Is it due to after the Xmas/CNY festive season and nobody is rushing out to buy new watches?

Or demand is dropping from prolonged COVID-19 lockdowns and income related issues?

And on some groups, many buyers are posting their purchases from AD stores...
Title: Re: Rolex Prices Tanking
Post by: G.MAC on March 01, 2021, 04:06:10 AM

Anyone noticed the prices of some "hot models" seem to have come down a little lately?

Is it due to after the Xmas/CNY festive season and nobody is rushing out to buy new watches?

Or demand is dropping from prolonged COVID-19 lockdowns and income related issues?

And on some groups, many buyers are posting their purchases from AD stores...
I observe that this happens only on the Submariner line. The Pepsi, Rootbeer, Blue Skydweller, Explorer 1 and 2, Daytona and the Oyster Perpetual are going up to silly levels. I think it has something to with the level of demand of specific models. Speaking to my friends in the AD and grey market; people are shifting their taste to other more affordable models so not all Rolex-es can be said to command a huge premium. The pattern i observe is that some new models are going down the route of the Batgirl.
Title: Re: Rolex Prices Tanking
Post by: IamJacky on March 01, 2021, 06:38:45 AM

Anyone noticed the prices of some "hot models" seem to have come down a little lately?

Is it due to after the Xmas/CNY festive season and nobody is rushing out to buy new watches?

Or demand is dropping from prolonged COVID-19 lockdowns and income related issues?

And on some groups, many buyers are posting their purchases from AD stores...

On TRF I see a lot of "incomings" of Submariners and 126710BLNR; meanwhile, the Daytona 116500LN white dial has exceeded US$32K in the grey market, and 126710BLRO remains $19-20K.
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 02, 2021, 01:33:07 PM

Anyone noticed the prices of some "hot models" seem to have come down a little lately?

Is it due to after the Xmas/CNY festive season and nobody is rushing out to buy new watches?

Or demand is dropping from prolonged COVID-19 lockdowns and income related issues?

And on some groups, many buyers are posting their purchases from AD stores...

On TRF I see a lot of "incomings" of Submariners and 126710BLNR; meanwhile, the Daytona 116500LN white dial has exceeded US$32K in the grey market, and 126710BLRO remains $19-20K.

so grey dealers have lost interest in Submariners/GMT and moving over to any model of the Daytona?

Title: Re: Rolex Prices Tanking
Post by: G.MAC on March 02, 2021, 06:06:40 PM
People who want a submariner; likely already owns one. Those who aspire to own one; cannot afford one yet. Similar with the GMT. Visually; there is very little to separate the 11xxxx series and the 12xxxx for the Submariner hence I think there are not many takers for the Submariners at those premium prices. Dealers are currently dropping the prices to find the sweet spot. For the GMT, demand is still there so prices are quite stable.
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on March 02, 2021, 07:36:51 PM
Hold up, sub prices are going down? That is an interesting turn of events ????
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 03, 2021, 07:03:54 AM
Hold up, sub prices are going down? That is an interesting turn of events ????

well, the 126610LV was more than 100k when released... some dealers are trying to push it out for 79k now
Title: Re: Rolex Prices Tanking
Post by: G.MAC on March 03, 2021, 07:28:57 AM
If I have to wager, I would say prices at the grey market dealers for the 126610LV may stay at the high 70k range. Reason being that, at the price; the watch is moving pretty fast. The 124060 may come down a little bit more as they are still not moving as fast when priced near the 50k range.
Title: Re: Rolex Prices Tanking
Post by: RyanLiang on March 05, 2021, 06:36:39 AM
Walked into 4 Rolex AD yesterday. This is what I manage to get.
None of the sport model available since 2018.
Even stainless steel Datejust. From 26mm - 41mm . All have to place interest list and wait  "the call".
That's why the price of Rolex keep on increasing.

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Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 06, 2021, 12:55:29 PM
You might have to keep dropping at AD every week and keep bugging them.

After that your AD will fast fast allocate a watch to get rid of you...lolx.
Title: Re: Rolex Prices Tanking
Post by: RyanLiang on March 06, 2021, 08:30:13 PM
You might have to keep dropping at AD every week and keep bugging them.

After that your AD will fast fast allocate a watch to get rid of you...lolx.
I think there's ppl doing that... but i don't think he/she able to get any sport model.
If lucky , might get a stainless steel datejust.

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Title: Re: Rolex Prices Tanking
Post by: G.MAC on March 07, 2021, 07:19:10 AM
You might have to keep dropping at AD every week and keep bugging them.

After that your AD will fast fast allocate a watch to get rid of you...lolx.
I think there's ppl doing that... but i don't think he/she able to get any sport model.
If lucky , might get a stainless steel datejust.

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Agree. Hot models still go to preferred customers.
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 07, 2021, 08:58:33 AM
Walked into 4 Rolex AD yesterday. This is what I manage to get.
None of the sport model available since 2018.
Even stainless steel Datejust. From 26mm - 41mm . All have to place interest list and wait  "the call".
That's why the price of Rolex keep on increasing.

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Walk in customers will be treated simply as that.. you walk in and walk out and into another AD. You know what you're doing. So do the salespeople. So they give you the standard answer politely.

To the salesperson, you're potentially just another person hoping to cash in on the premium market. Buy a model and flip it to a grey dealer for an immediate profit. Who doesn't as the profit is really tempting. The see customers like you everyday. Everyone and his dog now has a blog trying to sell brand new, full set ROLEX watches just bought in Feb2021...

There's no denying a lot of salespeople are giving sports watches to "friends" who sell to grey and split the profits but sooner or later, this practice will be noticed because ROLEX is now requesting IC photo, not just name, for sport models so they probably building a database for who bought what. Only time will tell.

Creating a relationship with an AD is not you walking in there and asking for a steel sport ROLEX delivery date. It's also not about buying watches you don't want from other brands. I guess maybe that's why some people get the watches they want and some people don't.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 07, 2021, 11:34:54 AM
You need buy rm120k garbage from the AD then only they get one for you.

Few of my friends got their sub after spending this kinda money at AD lately...
Title: Re: Rolex Prices Tanking
Post by: revvd on March 07, 2021, 03:04:15 PM
Just walked into 2 ADs. Displays were practically empty, not kidding :o Only had 3 pieces on public display in the entire store. Seems like grey dealers or VVIPs really snapping up any pieces they can get their hands on, just for sport models.
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 07, 2021, 10:25:22 PM
Just walked into 2 ADs. Displays were practically empty, not kidding :o Only had 3 pieces on public display in the entire store. Seems like grey dealers or VVIPs really snapping up any pieces they can get their hands on, just for sport models.

With the technology these days, customers won't need to walk into stores to buy a ROLEX. When stocks arrive, pictures are sent via Whatsapp. If you want it, just deposit a check or make an online transfer. Pick up the watch at your convenience.

What you see in display cabinets are what's not reserved or sold beforehand.

Title: Re: Rolex Prices Tanking
Post by: khairain on March 07, 2021, 10:46:46 PM
Have any of you seen the 2021 Rolex warranty card. Basically model, serial number and date of purchase. It make easier to sell to other people without disclosing your info ????. Btw AD must be lying no sports model since 2018. I have friends bought few months ago sports model and Wimbledon...
Title: Re: Rolex Prices Tanking
Post by: IamJacky on March 08, 2021, 07:40:45 AM
Have any of you seen the 2021 Rolex warranty card. Basically model, serial number and date of purchase. It make easier to sell to other people without disclosing your info ????. Btw AD must be lying no sports model since 2018. I have friends bought few months ago sports model and Wimbledon...

Like you I've walked into many ADs here, and they all say there's no stock.

I bought a popular professional model via grey, and guess what, I walked into many ADs in November 2020 to inquire about this popular piece, they all say there's no stock and there're too much demand. I decided to bite the bullet and go grey and bought in Dec 2020, the dealer told me the AD is Malaysia (although there is no way to tell from the new style warranty card), the warranty card date is late November 2020.

It must have been sold to a preferred client, and the client flipped it right away to the grey, and then the grey sold to me. It was just merely a week from when I walked into those ADs in KL.

I do not blame the ADs or the flippers though. I have long before come to accept that I simply will never be able to get these popular SS models in the ADs.

Technically I'm still on the "waiting list" for a 116500LN for the 4th year, but I've also already bought via grey in 2017.
Title: Re: Rolex Prices Tanking
Post by: revvd on March 08, 2021, 07:43:56 AM

With the technology these days, customers won't need to walk into stores to buy a ROLEX. When stocks arrive, pictures are sent via Whatsapp. If you want it, just deposit a check or make an online transfer. Pick up the watch at your convenience.

What you see in display cabinets are what's not reserved or sold beforehand.

Yeah I get what you mean, but even those "colder" datejust models that usually you can walk in and see them on display, were all gone. Stores were basically empty. Heck there wasn't even one 41mm on display  :D
Title: Re: Rolex Prices Tanking
Post by: bulletnos on March 08, 2021, 07:51:32 AM
1 mistake I did before was to tell the AD (THG) that I've actually purchased a watch from them before - but it was a Sports Model that became popular...(back in 2017, 114060 was not so hot yet)...so since you've actually "gotten" a sports model from them already, they may not layan you anymore if you do not buy other less popular models...

Then I bought the 114300 39mm from SWG in 2019...not hot yet also at that time - so the AD actually later texted me the availability of certain sports models like HG Daytona...and the Explorer 1 214270...but didn't buy then.

Now that 114300 became 'hot' model as well - SWG don't layan anymore. So sad la this Rolex 'game'.

Glad you got your AP - Revvd. haha
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 08, 2021, 07:51:12 PM
Have any of you seen the 2021 Rolex warranty card. Basically model, serial number and date of purchase. It make easier to sell to other people without disclosing your info ????. Btw AD must be lying no sports model since 2018. I have friends bought few months ago sports model and Wimbledon...

Like you I've walked into many ADs here, and they all say there's no stock.

I bought a popular professional model via grey, and guess what, I walked into many ADs in November 2020 to inquire about this popular piece, they all say there's no stock and there're too much demand. I decided to bite the bullet and go grey and bought in Dec 2020, the dealer told me the AD is Malaysia (although there is no way to tell from the new style warranty card), the warranty card date is late November 2020.

It must have been sold to a preferred client, and the client flipped it right away to the grey, and then the grey sold to me. It was just merely a week from when I walked into those ADs in KL.

I do not blame the ADs or the flippers though. I have long before come to accept that I simply will never be able to get these popular SS models in the ADs.

Technically I'm still on the "waiting list" for a 116500LN for the 4th year, but I've also already bought via grey in 2017.

If you're happy with paying the premium then so be it... but I for one will not feed the grey market margins.

Either I get the one I one at RRP or discounted or I just look for an older discontinued, less popular model. Neither would I even consider the older steel sport models sold at prices higher than current model RRP.

Title: Re: Rolex Prices Tanking
Post by: revvd on March 08, 2021, 09:07:48 PM

f you're happy with paying the premium then so be it... but I for one will not feed the grey market margins.

Either I get the one I one at RRP or discounted or I just look for an older discontinued, less popular model. Neither would I even consider the older steel sport models sold at prices higher than current model RRP.

Word. I originally wanted to start off my collection with a Rolex, but after researching about the stock deficit and grey dealers was really a turn off. Ended up with an AP and loving it. Might go back to Rolex, but definitely gonna try to score one on MRSP.
Title: Re: Rolex Prices Tanking
Post by: IamJacky on March 09, 2021, 06:56:44 AM
If you're happy with paying the premium then so be it... but I for one will not feed the grey market margins.

Either I get the one I one at RRP or discounted or I just look for an older discontinued, less popular model. Neither would I even consider the older steel sport models sold at prices higher than current model RRP.

Well I'm not literally happy to pay the premium, I just want that watch and there's just no other sure way of getting it besides going grey. I know that no matter what other replacement piece I get, my mind will always rest on the ones that I wanted, so I just bit the bullet and get it over with.

But of course, I do understand where you're coming from and some people's disdain on feeding the grey. Well, to each his own, now that I do have the pieces I wanted I do feel happier.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 09, 2021, 07:03:13 AM
If you're happy with paying the premium then so be it... but I for one will not feed the grey market margins.

Either I get the one I one at RRP or discounted or I just look for an older discontinued, less popular model. Neither would I even consider the older steel sport models sold at prices higher than current model RRP.

Well I'm not literally happy to pay the premium, I just want that watch and there's just no other sure way of getting it besides going grey. I know that no matter what other replacement piece I get, my mind will always rest on the ones that I wanted, so I just bit the bullet and get it over with.

But of course, I do understand where you're coming from and some people's disdain on feeding the grey. Well, to each his own, now that I do have the pieces I wanted I do feel happier.

Very smart indeed to go grey for Daytona or Hulk, because it’s never possible to get one from local AD..

There is really nothing to buy from Rolex AD except those PM datejust...
Title: Re: Rolex Prices Tanking
Post by: G.MAC on March 09, 2021, 07:22:27 AM
If you're happy with paying the premium then so be it... but I for one will not feed the grey market margins.

Either I get the one I one at RRP or discounted or I just look for an older discontinued, less popular model. Neither would I even consider the older steel sport models sold at prices higher than current model RRP.

Well I'm not literally happy to pay the premium, I just want that watch and there's just no other sure way of getting it besides going grey. I know that no matter what other replacement piece I get, my mind will always rest on the ones that I wanted, so I just bit the bullet and get it over with.

But of course, I do understand where you're coming from and some people's disdain on feeding the grey. Well, to each his own, now that I do have the pieces I wanted I do feel happier.
At the end of the day, your happiness is all that matters. I agree with you that unless you are satisfied with the replacement piece, there is no point to spend money to scratch an itch that will get worse over time. You will end up spending more in the future to get what you want. I have learnt this lesson so like you; I have just bitten the bullet. I will just consider myself lucky if i do get the call from the AD one day.
Title: Re: Rolex Prices Tanking
Post by: bulletnos on March 09, 2021, 12:50:57 PM
If you're happy with paying the premium then so be it... but I for one will not feed the grey market margins.

Either I get the one I one at RRP or discounted or I just look for an older discontinued, less popular model. Neither would I even consider the older steel sport models sold at prices higher than current model RRP.

Well I'm not literally happy to pay the premium, I just want that watch and there's just no other sure way of getting it besides going grey. I know that no matter what other replacement piece I get, my mind will always rest on the ones that I wanted, so I just bit the bullet and get it over with.

But of course, I do understand where you're coming from and some people's disdain on feeding the grey. Well, to each his own, now that I do have the pieces I wanted I do feel happier.
At the end of the day, your happiness is all that matters. I agree with you that unless you are satisfied with the replacement piece, there is no point to spend money to scratch an itch that will get worse over time. You will end up spending more in the future to get what you want. I have learnt this lesson so like you; I have just bitten the bullet. I will just consider myself lucky if i do get the call from the AD one day.

Agreed with this...to each his own...while I did score some from AD...I had to get my Explorer II from grey...and satisfied too! In fact, there are some long-time members here who also run their own shops too...some times can score good deals also haha

Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 10, 2021, 05:45:06 AM
Rolex to AD is kinda like ‘hey , don’t get caught with this this kinda stuff, we don’t wanna know..’

Title: Re: Rolex Prices Tanking
Post by: flatcap200 on March 19, 2021, 02:51:42 PM
Rolex cannot possibly be unaware of current market conditions. An entire eco system has been created for its products to fly off the shelves and appreciate in 'value'. Of course much of it is speculative and not necessarily driven by fundamentals but the longer this goes on, the more buoyant the market becomes. We know all too well...Supply is controlled - artificial shortage created - impression of rarity - speculators going nuts and cleaning up stocks - price rises...and well the rest as they say is history.

Manufacturers and retailers cannot possibly be ignorant but are obviously content for market forces to push sales and drive up  prices of their products to unprecedented levels. Perhaps in a bid to raise the profile and standing of their pieces? Or to provide the perfect chemistry for pushing product prices ahead of inflation and costs? This is anyone's guess. But for sure, these are pretty slick guys with an innate understanding of market dynamics.

Regulation is not the answer to this situation simply because there is no socio economic justification for controlling luxury products like watches.

So long as economies and liquidity remain intact, ppl are always going to look for ways to park their cash and these products allow them just that with a certain amount of self satisfaction thrown in.

The stability of prices throughout Covid is proof that high prices and secondary market antics are here to stay.
Title: Re: Rolex Prices Tanking
Post by: Cocas on March 19, 2021, 04:43:17 PM
Heading to Tulip Mania... ;D
Title: Re: Rolex Prices Tanking
Post by: c4all on March 24, 2021, 02:50:40 PM
Speaking of prices, the prices these days are so volatile for hot models. Notwithstanding rumours of discontinuation for the Exp 2, I have seen huge increase in prices for models such as PM Daytonas and the Pepsi. I do wonder if there is something i do not know that is driving the prices of these models in the grey market.
Title: Re: Rolex Prices Tanking
Post by: G.MAC on March 24, 2021, 02:52:05 PM
On the flip side, i do see price reductions for the new submariner line.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 24, 2021, 03:00:00 PM
Pricings for all sport models are extremely tense and getting worst day by day with many rumours...

Rolex Geneva seems to enjoy it... :Confused:
Title: Re: Rolex Prices Tanking
Post by: flatcap200 on March 24, 2021, 03:05:35 PM
Supply shortage may be an issue as well.
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on March 24, 2021, 04:57:23 PM
The shortage is purely artificial though - last year alone they were minting more than 2000 watches a day.
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 24, 2021, 08:15:39 PM
So many factors.

Speculations are hot now and everyone anticipate something to happen on April 7th.

Bitcoin gone up like crazy.

People moving money around and ROLEX is a hot item better than gold.

Grey dealers claim that difficulty in free travel means available stock in any given location is lower so price goes up.

Pricings for all sport models are extremely tense and getting worst day by day with many rumours...

Rolex Geneva seems to enjoy it... :Confused:

Retail price hasn't changed yet. Why feed the grey market? If you already have pieces then sit back and watch the value increase.

Meanwhile, look at brands like Zenith, OMEGA, JLC or even the new AP ROO with the Code1159 movement.

 :Cheers:
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on March 24, 2021, 08:29:53 PM
I'm actually also looking forward to see what's going to be announced come the 7th during Watches & Wonders, but more for the other brands rather than rolex  :D
Title: Re: Rolex Prices Tanking
Post by: LostInReality on March 26, 2021, 10:26:07 PM
To me the shortage is real. IMHO There is no artificial shortage and the demand for a Rolex increases day by day. Which ordinary folk doesn’t want a retail rolex now if given a chance
Title: Re: Rolex Prices Tanking
Post by: RyanLiang on March 27, 2021, 08:19:38 PM
If u guys notice.. rolex current model price increase around 8% on every reseller in KL.
A brand new 126610LN Black Sub Date cost around rm 57000 on 23rd March 2021.
But on 24th March all store increase their price to rm 63k. Which ever store still selling below rm 60k all been wipe out. I called almost every store avaible in KL.
This apply to all current Rolex model. Discontinue model didn't  increase that much.


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Title: Re: Rolex Prices Tanking
Post by: mister_lau on March 28, 2021, 06:33:54 AM
Went to several AD yesterday and all the cabinets were almost empty with a few pieces of ladies model. The register of interest list for sport models was insanely long. Looks like almost impossible to get a Rolex at retail.

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Title: Re: Rolex Prices Tanking
Post by: RyanLiang on March 28, 2021, 08:24:58 AM
Went to several AD yesterday and all the cabinets were almost empty with a few pieces of ladies model. The register of interest list for sport models was insanely long. Looks like almost impossible to get a Rolex at retail.

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I went to all AD in Klang Valley for the past 6 months... everytime same result. I even lower my requirement to silver Datejust. Still trying my luck until today. Lucky enough I can get this :(https://uploads.tapatalk-cdn.com/20210328/7152ead54ca16905ddc892650d7b7944.jpg)

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Title: Re: Rolex Prices Tanking
Post by: mister_lau on March 28, 2021, 08:39:41 AM
Went to several AD yesterday and all the cabinets were almost empty with a few pieces of ladies model. The register of interest list for sport models was insanely long. Looks like almost impossible to get a Rolex at retail.

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I went to all AD in Klang Valley for the past 6 months... everytime same result. I even lower my requirement to silver Datejust. Still trying my luck until today. Lucky enough I can get this :(https://uploads.tapatalk-cdn.com/20210328/7152ead54ca16905ddc892650d7b7944.jpg)

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Good for you! Is that a 41mm no date sub?

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Title: Re: Rolex Prices Tanking
Post by: RyanLiang on March 28, 2021, 10:58:52 AM
Went to several AD yesterday and all the cabinets were almost empty with a few pieces of ladies model. The register of interest list for sport models was insanely long. Looks like almost impossible to get a Rolex at retail.

Sent from my EML-L29 using Tapatalk
I went to all AD in Klang Valley for the past 6 months... everytime same result. I even lower my requirement to silver Datejust. Still trying my luck until today. Lucky enough I can get this :(https://uploads.tapatalk-cdn.com/20210328/7152ead54ca16905ddc892650d7b7944.jpg)

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Good for you! Is that a 41mm no date sub?

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Nope. Is 116610LN 40mm sub with date.

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Title: Re: Rolex Prices Tanking
Post by: Alvenlee on March 28, 2021, 02:38:48 PM
Rolex price in grey market is hiking non stop. Wondering will the price collapse one day. Now need to pay 2 piece price to get 1 piece at grey market :Blue:
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 28, 2021, 02:43:33 PM
Either u buy now or pay more in future...

Don’t hope for price fall (maybe a little stagnant)

Since 2010 until today, have anyone seen daytona price fall?

Now to get a Ss datejust from AD also not possible... anymore

Just buy what u like, fast..
Title: Re: Rolex Prices Tanking
Post by: Sky 007 on March 28, 2021, 05:10:41 PM
Either u buy now or pay more in future...

Don’t hope for price fall (maybe a little stagnant)

Since 2010 until today, have anyone seen daytona price fall?

Now to get a Ss datejust from AD also not possible... anymore

Just buy what u like, fast..
Absolutely agree with You Bro !


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Title: Re: Rolex Prices Tanking
Post by: RyanLiang on March 28, 2021, 07:58:37 PM
Before Explorer 2 discontinue.
I got 2.(https://uploads.tapatalk-cdn.com/20210328/4eb35840769ef216f943a88b57d5dc00.jpg)

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Title: Re: Rolex Prices Tanking
Post by: Sky 007 on March 28, 2021, 08:20:09 PM
The Rolex buyer still buying with premium price, 2 days ago I meet a collector, he keep buying New Starbucks 126610LV, now he already have 7 pieces in hand, maybe he will keep buying on future.

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Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 29, 2021, 10:33:02 AM
If you think price of Rollies are insane...a new Pepsi now selling at rm94.5k and the new Daytona panda rm164k now. :Confused: :thumbsdown:
Title: Re: Rolex Prices Tanking
Post by: IamJacky on March 29, 2021, 02:44:45 PM
If you think price of Rollies are insane...a new Pepsi now selling at rm94.5k and the new Daytona panda rm164k now. :Confused: :thumbsdown:

Recently the dealers are saying that both the BLRO and Daytona 116500LN are "rumored" to be discontinued in the upcoming April 2021 new release announcement, which I personally doubt to be true, as the BLRO was just released in 2018 and the 116500LN in 2016.

Discontinue or not though, it doesn't really matter. The demand for SS Rolex is at its unprecedented height. I personally don't think there is an artificial shortage - in the sense that Rolex purposely reduce production of the SS professional models; rather, it's the demand that has surged exponentially over the last 4-5 years.

Surely the COVID19 did contribute to reduced production in 2020, but I think overall it's the overwhelming demand that is driving the grey market price up and up. The same effect is seen on some AP and PP models, which are deemed the next best thing to move up to from Rolex.

I don't think this bubble will burst any time soon, though I do think eventually there should be a minor correction... who knows...
Title: Re: Rolex Prices Tanking
Post by: mister_lau on March 30, 2021, 07:21:43 AM
I have been buying from grey dealers in the past and therefore has no sales record with the AD. Will frequent visit to AD eventually works out in getting what I want? Any advice would be appreciated.

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Title: Re: Rolex Prices Tanking
Post by: swleong on March 30, 2021, 07:31:38 AM
If you think price of Rollies are insane...a new Pepsi now selling at rm94.5k and the new Daytona panda rm164k now. :Confused: :thumbsdown:

who can imagine the price of a new Daytona Panda can buy 2 pre-owned AP ROO. :Startled:
Title: Re: Rolex Prices Tanking
Post by: Sky 007 on March 30, 2021, 07:57:18 AM
Got seller just sold BNIB Daytona Panda at RM165K, buyer still buying !

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Title: Re: Rolex Prices Tanking
Post by: G.MAC on March 30, 2021, 08:25:39 AM
If you think price of Rollies are insane...a new Pepsi now selling at rm94.5k and the new Daytona panda rm164k now. :Confused: :thumbsdown:

Recently the dealers are saying that both the BLRO and Daytona 116500LN are "rumored" to be discontinued in the upcoming April 2021 new release announcement, which I personally doubt to be true, as the BLRO was just released in 2018 and the 116500LN in 2016.

Discontinue or not though, it doesn't really matter. The demand for SS Rolex is at its unprecedented height. I personally don't think there is an artificial shortage - in the sense that Rolex purposely reduce production of the SS professional models; rather, it's the demand that has surged exponentially over the last 4-5 years.

Surely the COVID19 did contribute to reduced production in 2020, but I think overall it's the overwhelming demand that is driving the grey market price up and up. The same effect is seen on some AP and PP models, which are deemed the next best thing to move up to from Rolex.

I don't think this bubble will burst any time soon, though I do think eventually there should be a minor correction... who knows...

I agree with this. I have seen people who walk into ADs and grey market dealers looking only to buy the Panda Daytona or Pepsi GMT for no other reason than "the price always up".

I have been buying from grey dealers in the past and therefore has no sales record with the AD. Will frequent visit to AD eventually works out in getting what I want? Any advice would be appreciated.

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You can try but there are no guarantees. If you are referring to the hot models, I can only share my recent experiences with you. I had to wait for 5 years to get the Panda. I do have purchase history with that AD dating back more than 10 years.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on March 30, 2021, 08:35:49 AM
Got seller just sold BNIB Daytona Panda at RM165K, buyer still buying !

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If a Ss Daytona can sell 165 within a blink of eyes..

Then we can expect a basic OP41 selling at 70-80k or basic sport model at rm80-100k very soon..
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on March 30, 2021, 08:39:47 AM
Man........ that's ridiculous..... :o
Title: Re: Rolex Prices Tanking
Post by: bulletnos on March 30, 2021, 09:03:43 AM
Once international travel resumes, do you think we'd be able to score any good units from overseas ADs?

Last I went to Vietnam, Korea in 2019, they had quite a few half gold units (GMT Master 2, Submariner)...of course, OP39 wasnt popular then so they had quite a lot too...
Title: Re: Rolex Prices Tanking
Post by: Cocas on March 30, 2021, 03:29:10 PM
Yup, very likely that Vietnam AD will have the stock.
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 09, 2021, 06:21:01 PM
If you think price of Rollies are insane...a new Pepsi now selling at rm94.5k and the new Daytona panda rm164k now. :Confused: :thumbsdown:

Yes, after Hulk crazy pricing. Now daytona turn. If you are hoping for price decrease, means you are not suitable to buy Rolex. Rolex doesnt drop price
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 09, 2021, 06:25:11 PM
Got seller just sold BNIB Daytona Panda at RM165K, buyer still buying !

Sent from my SM-N975F using Tapatalk

If you do the math, premium price rolex will increase 3times compare to retails. This happen to Batgirl, Pepsi and Hulk/Starbuck. Daytona latest retail price is 60k.

Easily 180k by mid year 2021
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 09, 2021, 06:59:21 PM
The shortage is purely artificial though - last year alone they were minting more than 2000 watches a day.

Talking about multi millions of demands from whole world. The supply is too low at 2000 watches a day
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 09, 2021, 07:33:20 PM
Go grey if you want a Rolex. Don’t hope on AD anymore...
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 09, 2021, 08:11:45 PM
Go grey if you want a Rolex. Don’t hope on AD anymore...

AD doesnt sell sport model alone to you. Their bundle cross sell marketing strategy apply to those rich people, not us
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 10, 2021, 09:48:12 AM
Yup, hence advising those to buy from grey, AD will sincerely put them into interest lists and they will never see light at the end of the tunnel..
Title: Re: Rolex Prices Tanking
Post by: revvd on April 10, 2021, 10:05:32 AM
Go grey if you want a Rolex. Don’t hope on AD anymore...

AD doesnt sell sport model alone to you. Their bundle cross sell marketing strategy apply to those rich people, not us

Anyone knows what kinda bundle they're doing?

I.e. to get a Batgirl, what other watches' brand / revenue they're looking to bundle together with it?

Just curious  ;D
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 10, 2021, 10:27:48 AM
It’s about spendings ...

Spend 130-150k on them and u might have a chance to get your sport model in 3-5 months
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 10, 2021, 10:59:23 AM
New pepsi oyster should be selling 100k above, in grey market. Prepare to burn your wallet
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 10, 2021, 11:02:53 AM
Go grey if you want a Rolex. Don’t hope on AD anymore...

AD doesnt sell sport model alone to you. Their bundle cross sell marketing strategy apply to those rich people, not us

Anyone knows what kinda bundle they're doing?

I.e. to get a Batgirl, what other watches' brand / revenue they're looking to bundle together with it?

Rather buy a sport model from grey market than spending 10 to 100 thousand in AD before getting any sport model from them
Just curious  ;D
Title: Re: Rolex Prices Tanking
Post by: G.MAC on April 10, 2021, 12:17:48 PM
Go grey if you want a Rolex. Don’t hope on AD anymore...

AD doesnt sell sport model alone to you. Their bundle cross sell marketing strategy apply to those rich people, not us

Anyone knows what kinda bundle they're doing?

I.e. to get a Batgirl, what other watches' brand / revenue they're looking to bundle together with it?

Just curious  ;D
Very likely deadstock
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 10, 2021, 02:54:07 PM
Rediculous pricing for Rolex sport model, overheat price tag i can say
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 11, 2021, 09:28:00 PM
Go grey if you want a Rolex. Don’t hope on AD anymore...

AD doesnt sell sport model alone to you. Their bundle cross sell marketing strategy apply to those rich people, not us

Anyone knows what kinda bundle they're doing?

I.e. to get a Batgirl, what other watches' brand / revenue they're looking to bundle together with it?

Rather buy a sport model from grey market than spending 10 to 100 thousand in AD before getting any sport model from them
Just curious  ;D


So you'd rather pay 165k for a Daytona at grey dealer rather than pay the AD the same amount for Daytona plus few other watches? Is the steel Daytona worth 165k? Is the steel Nautilus worth 400k? You can also sell off the other watches if you don't like them and get some money back but the premium paid to grey dealer is gone.

Only people who have access to easy money or those who think it's an "investment" would buy. A watch fan would not.

And most of the people giving the thumbs up to buy from grey dealers are probably grey dealers or friends of that group.

And lastly, even if you spend 165k at the grey dealer, you won't get any special treatment the next time you buy, unlike an AD who would have taken your spending history into account.



Title: Re: Rolex Prices Tanking
Post by: dpkong on April 11, 2021, 10:05:55 PM
Rediculous pricing for Rolex sport model, overheat price tag i can say


That's why you're selling the Daytona?

 :Laughing_on_floor:

Title: Re: Rolex Prices Tanking
Post by: G.MAC on April 12, 2021, 05:18:39 AM
Go grey if you want a Rolex. Don’t hope on AD anymore...

AD doesnt sell sport model alone to you. Their bundle cross sell marketing strategy apply to those rich people, not us

Anyone knows what kinda bundle they're doing?

I.e. to get a Batgirl, what other watches' brand / revenue they're looking to bundle together with it?

Rather buy a sport model from grey market than spending 10 to 100 thousand in AD before getting any sport model from them
Just curious  ;D


So you'd rather pay 165k for a Daytona at grey dealer rather than pay the AD the same amount for Daytona plus few other watches? Is the steel Daytona worth 165k? Is the steel Nautilus worth 400k? You can also sell off the other watches if you don't like them and get some money back but the premium paid to grey dealer is gone.

Only people who have access to easy money or those who think it's an "investment" would buy. A watch fan would not.

And most of the people giving the thumbs up to buy from grey dealers are probably grey dealers or friends of that group.

And lastly, even if you spend 165k at the grey dealer, you won't get any special treatment the next time you buy, unlike an AD who would have taken your spending history into account.




I agree with you bro except for one. I wish the AD would take a RM165k bundle and give me a Daytona immediately.  :Laughing_on_floor: The figure hinted to me was a lot more and the type of watches in the bundle was really atrocious.
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 12, 2021, 06:28:20 AM

I agree with you bro except for one. I wish the AD would take a RM165k bundle and give me a Daytona immediately.  :Laughing_on_floor: The figure hinted to me was a lot more and the type of watches in the bundle was really atrocious.



That sad to hear seeing that you're a customer with history. Not exactly an AD friend then.
Title: Re: Rolex Prices Tanking
Post by: r3kahsttub on April 12, 2021, 06:33:29 AM
Personally, ownership of Rolex was meant to be a sign of achievement. This was not something I could easily afford over a decade ago; which meant it needed work, perseverance... so when I finally managed to get my first Submariner, there was a huge sense of elation and accomplishment. From a time where used Submariners sold for under retail, to slight premiums, to the madness it is today... I am sure more than a few of us have seen it all (some bros here, even before my time).

Today, that sense of accomplishment feels... diluted. My long time grail, I will not sell (I have made that mistake once, and it wasn't too hard to correct it). But it is unlikely I will purchase any Rolex in the foreseeable future; not just because an AD will not give me the opportunity or because there aren't any new models that interest me, but also because I cannot justify prices today. At least not for some models I have yet to acquire.

I am moving on.
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 12, 2021, 06:46:19 AM

I think that echos the feeling of many ROLEX buyers who were into the brand before the investment and speculation madness began. For many, they would either wait to get one from an AD or move on to something else and for the asking prices for grey market ROLEX you would rather look at Zenith, JLC, VC or even AP and PP.

Too many grey dealers or wannabe grey dealers in the forums now sniffing the market and pushing the agenda to buy grey so they can line their pockets. Takes away a lot of fun for the real fans.
Title: Re: Rolex Prices Tanking
Post by: Cocas on April 12, 2021, 06:47:02 AM
I passed by JB midvalley AD outlet yesterday. To my surprise, it's crowded.

Understand there is no way to get any SS models there, I supposed the customers there for getting gold and platinum Rolex.
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 12, 2021, 06:51:04 AM
I passed by JB midvalley AD outlet yesterday. To my surprise, it's crowded.

Understand there is no way to get any SS models there, I supposed the customers there for getting gold and platinum Rolex.

Not surprising considering how the sold gold Daytona models are going up...

Everyone has a little money to gamble on something and the ROLEX madness has made it a cheap starting point to double your money quickly.
Title: Re: Rolex Prices Tanking
Post by: Cocas on April 12, 2021, 07:23:49 AM
While I am happy for my Rolex values keep appreciating every years, I am wearing them less nowadays.
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 12, 2021, 08:03:16 AM
Rediculous pricing for Rolex sport model, overheat price tag i can say


That's why you're selling the Daytona?

 :Laughing_on_floor:

The Pepsi Oyster looks good. want to change from panda and try
Title: Re: Rolex Prices Tanking
Post by: bulletnos on April 12, 2021, 01:10:09 PM
I passed by JB midvalley AD outlet yesterday. To my surprise, it's crowded.

Understand there is no way to get any SS models there, I supposed the customers there for getting gold and platinum Rolex.

I heard from a friend that the Rolex boutiques in Midvalley KL has a line build up too...perhaps the new model demo units have arrived?
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 12, 2021, 01:31:15 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 12, 2021, 01:40:26 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..

RM160k for a Daytona?

Go buy a Vacheron Constantin Overseas chrono instead. Much nicer build, comes with 3 quick change straps too and you got money left over to pop into the OMEGA boutique next door to get yourself a Speedmaster and still have change left over...
Title: Re: Rolex Prices Tanking
Post by: IamJacky on April 12, 2021, 01:53:08 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..

Just curious, have you or any other member here speak with their ADs directly about the "Spend History" or "Bundling" in order to get in the waitlist for the watch you want?

I purchase from grey and that's only because the ADs never have the models I want, and never gave me a guarantee that if I were to spend xxx amount of money or say bundle with xxx models, then I will guarantee to have the piece I want in an estimated time frame.

I spoke with a SA at Pavillion before and I was being very upfront about it and asked him "Do you accept bundling? I am willing to buy certain less desirable pieces as a gift to my parents/gf in order to get on the list for xxx reference." The guy straight up just said no they do not condone this type of practice. So that really leaves me no choice but to go grey re... maybe I looked like a flipper? I was being very sincere...

If an AD tells me "Look, if you are willing to buy xxx + xxx then we will make sure you get the reference you want in xxx months" then I wouldn't have gone grey at all.
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 12, 2021, 01:57:05 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..

The requirement very high indeed. Tats why grey can sell premium price. People blame this is Grey fault but in fact this situation caused by AD.

I went to Pavillion Rolex, to ask the starbuck, the SA asking me to start my jouney from Hourglass first
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 12, 2021, 02:05:59 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..

Lets say 130k min to get to waiting list for sport model, Daytona retail is 60k
190k you need to burn from AD. This is solely rough calculation.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 12, 2021, 02:20:34 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..

Just curious, have you or any other member here speak with their ADs directly about the "Spend History" or "Bundling" in order to get in the waitlist for the watch you want?

I purchase from grey and that's only because the ADs never have the models I want, and never gave me a guarantee that if I were to spend xxx amount of money or say bundle with xxx models, then I will guarantee to have the piece I want in an estimated time frame.

I spoke with a SA at Pavillion before and I was being very upfront about it and asked him "Do you accept bundling? I am willing to buy certain less desirable pieces as a gift to my parents/gf in order to get on the list for xxx reference." The guy straight up just said no they do not condone this type of practice. So that really leaves me no choice but to go grey re... maybe I looked like a flipper? I was being very sincere...

If an AD tells me "Look, if you are willing to buy xxx + xxx then we will make sure you get the reference you want in xxx months" then I wouldn't have gone grey at all.

How these AD can promise or make a deal with you when they don’t even know what’s ‘incoming’ stock from Rolex? Rolex Geneva is one of the most secretive company on the planet..
Title: Re: Rolex Prices Tanking
Post by: bulletnos on April 12, 2021, 02:22:51 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..

Just curious, have you or any other member here speak with their ADs directly about the "Spend History" or "Bundling" in order to get in the waitlist for the watch you want?

I purchase from grey and that's only because the ADs never have the models I want, and never gave me a guarantee that if I were to spend xxx amount of money or say bundle with xxx models, then I will guarantee to have the piece I want in an estimated time frame.

I spoke with a SA at Pavillion before and I was being very upfront about it and asked him "Do you accept bundling? I am willing to buy certain less desirable pieces as a gift to my parents/gf in order to get on the list for xxx reference." The guy straight up just said no they do not condone this type of practice. So that really leaves me no choice but to go grey re... maybe I looked like a flipper? I was being very sincere...

If an AD tells me "Look, if you are willing to buy xxx + xxx then we will make sure you get the reference you want in xxx months" then I wouldn't have gone grey at all.

From what I heard from an SA before (after I bought a not so desirable piece at that point) - you will need around RM200k in total purchase history - this was about 2 years ago. Then - you will get in the "Real" waiting list. Still a waiting list. Not confirmed. He even shared how many pieces their outlet received roughly throughout that year.

In another AD, I got a 114060 before - my mistake was to quote that as purchase history - because if you did not buy any other models from them before - they will de-prioritize you even more as you already 'got' your sports model. They will save that for other whales who are willing to buy other models from them. They are looking at future potential. Not just history.

Sad, but true.
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 12, 2021, 02:30:23 PM

You can blame anyone you like.. AD, grey, runner, flipper but there are people out there getting steel models at retail price.

They're just not pushy about it.

Just because you've got 100k to spend on watches doesn't mean they need to lay down the red carpet for you. Because there are a lot of other people who can spend much more than that.

Still it doesn't mean that you can't get it or you need to spend xxx amount first. That's just a test to see what kind of buyer you are. Nothing wrong in wanting to collect only steel ROLEX but then so does everyone else and the flippers and the greys so how do you present yourself as different.

And as the market prices go up, how many aren't tempted to cash in?

I'd say it all boils down to how people approach the subject. No AD would dare to guarantee a delivery date for any watch. Even the solid gold DayDate are now hard to get from ROLEX. You need to have patience with an AD and make friends with them. Asking them to guarantee a delivery is a sure fire way to wear out your chances.

Title: Re: Rolex Prices Tanking
Post by: Cocas on April 12, 2021, 02:47:49 PM
What AD is doing now can be defined as unfair trading or abusive of position/Authorized Dealership?
Title: Re: Rolex Prices Tanking
Post by: IamJacky on April 12, 2021, 02:50:56 PM

You can blame anyone you like.. AD, grey, runner, flipper but there are people out there getting steel models at retail price.

They're just not pushy about it.

Just because you've got 100k to spend on watches doesn't mean they need to lay down the red carpet for you. Because there are a lot of other people who can spend much more than that.

Still it doesn't mean that you can't get it or you need to spend xxx amount first. That's just a test to see what kind of buyer you are. Nothing wrong in wanting to collect only steel ROLEX but then so does everyone else and the flippers and the greys so how do you present yourself as different.

And as the market prices go up, how many aren't tempted to cash in?

I'd say it all boils down to how people approach the subject. No AD would dare to guarantee a delivery date for any watch. Even the solid gold DayDate are now hard to get from ROLEX. You need to have patience with an AD and make friends with them. Asking them to guarantee a delivery is a sure fire way to wear out your chances.

I'm not sure if you're speaking to me directly but I truly, honestly do not blame any one. I just want to buy the watch I want and I need to know exactly how and when I can get the watch, that's all.

I can assure you that in real life, you will definitely not see me as a condescending, cocky guy with the "look at me I've got money to spend" attitude. When I speak to these SAs in the ADs, I approach them with very sincere and humble attitude. I may have omitted that in my last post to make me look pushy, but bottom line is, I myself do business with other very successful people and I learn from all of them, I treat others the way I'd like to be treated, so I definitely speak with these SAs with utmost respect. I also don't act like I'm begging either, I'm sure you know what I mean.

I'm only curious about the "spend history" or "bundling" aspect of it because some members here mentioned it, while I myself have never heard it directly from the SAs despite many visits. To me, if the ADs has a precise requisite for me to get on the list, I definitely would try that out. 

It really doesn't matter to me though, because I have already gone grey for all of my pieces that I wanted and I'm content with my collection (for now). Still, I would want to begin a relationship with an AD because I never know if there's a next piece I want.

You make total sense and I don't disagree with you. And from the replies of other members here, it sure sounds like even the ADs don't know when or what pieces they will be getting, so I understand now that by asking them for a guarantee would not be the wisest thing to do - and so that really leaves me one sure way to obtain the piece I want, which is grey, and I've already done so long ago.
Title: Re: Rolex Prices Tanking
Post by: IamJacky on April 12, 2021, 03:09:44 PM

From what I heard from an SA before (after I bought a not so desirable piece at that point) - you will need around RM200k in total purchase history - this was about 2 years ago. Then - you will get in the "Real" waiting list. Still a waiting list. Not confirmed. He even shared how many pieces their outlet received roughly throughout that year.

In another AD, I got a 114060 before - my mistake was to quote that as purchase history - because if you did not buy any other models from them before - they will de-prioritize you even more as you already 'got' your sports model. They will save that for other whales who are willing to buy other models from them. They are looking at future potential. Not just history.

Sad, but true.

Thanks for sharing. I suppose this entry point of RM150-200k makes sense. Another question if you don't mind, if an AD offers different brands, will buying a non-Rolex brand (such as PP) count towards your spend history with that specific AD? or just towards the specific brand you bought?
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 12, 2021, 03:13:51 PM

From what I heard from an SA before (after I bought a not so desirable piece at that point) - you will need around RM200k in total purchase history - this was about 2 years ago. Then - you will get in the "Real" waiting list. Still a waiting list. Not confirmed. He even shared how many pieces their outlet received roughly throughout that year.

In another AD, I got a 114060 before - my mistake was to quote that as purchase history - because if you did not buy any other models from them before - they will de-prioritize you even more as you already 'got' your sports model. They will save that for other whales who are willing to buy other models from them. They are looking at future potential. Not just history.

Sad, but true.

Thanks for sharing. I suppose this entry point of RM150-200k makes sense. Another question if you don't mind, if an AD offers different brands, will buying a non-Rolex brand (such as PP) count towards your spend history with that specific AD? or just towards the specific brand you bought?

You can buy other non-Rolex brand from them and it’s counts ..HG will have much more brands for u to choose..around 130-150k for a profile
Title: Re: Rolex Prices Tanking
Post by: IamJacky on April 12, 2021, 03:17:21 PM

You can buy other non-Rolex brand from them and it’s counts ..HG will have much more brands for u to choose..around 130-150k for a profile

Noted with thanks! 
Title: Re: Rolex Prices Tanking
Post by: bulletnos on April 12, 2021, 06:55:14 PM
Gentlemen101 is right  - u can get the likes of Hublot etc.

By the way, I asked Sincere watch last week, to get even the Vacheron Constantin Overseas, you also need purchase history!!!  :Scolding:

Patek...AP...Rolex...now even VC need additional purchase...habis la our watch hobby

Anyway, I did get some from AD, some from grey. Happy with both so far.  :)
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 12, 2021, 09:01:25 PM

I'm not sure if you're speaking to me directly but I truly, honestly do not blame any one. I just want to buy the watch I want and I need to know exactly how and when I can get the watch, that's all.

I can assure you that in real life, you will definitely not see me as a condescending, cocky guy with the "look at me I've got money to spend" attitude. When I speak to these SAs in the ADs, I approach them with very sincere and humble attitude. I may have omitted that in my last post to make me look pushy, but bottom line is, I myself do business with other very successful people and I learn from all of them, I treat others the way I'd like to be treated, so I definitely speak with these SAs with utmost respect. I also don't act like I'm begging either, I'm sure you know what I mean.

I'm only curious about the "spend history" or "bundling" aspect of it because some members here mentioned it, while I myself have never heard it directly from the SAs despite many visits. To me, if the ADs has a precise requisite for me to get on the list, I definitely would try that out. 

It really doesn't matter to me though, because I have already gone grey for all of my pieces that I wanted and I'm content with my collection (for now). Still, I would want to begin a relationship with an AD because I never know if there's a next piece I want.

You make total sense and I don't disagree with you. And from the replies of other members here, it sure sounds like even the ADs don't know when or what pieces they will be getting, so I understand now that by asking them for a guarantee would not be the wisest thing to do - and so that really leaves me one sure way to obtain the piece I want, which is grey, and I've already done so long ago.

Not targeted at you specifically but then you'd know that anyway.

To be safe, let's not try to refer to it as purchase history rather a buying pattern. Watch fans will have a collection pattern etc.

And useless to try to talk about bundling because that would obviously make you look like a noob trying to get into the grey market. I bet these SAs have heard all the excuses we can come up with.

But as you've posted before about getting your grails from grey and happy with it so there.

What's annoying is hearing all the posters whine and moan about how hard it is to get hot models from AD bla bla bla and then next they're posting up watches for sale....

Maybe just need to be lucky to be able to find a good AD person to deal with and have a conversation with.




Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 13, 2021, 07:53:29 PM
Rediculous pricing for Rolex sport model, overheat price tag i can say


That's why you're selling the Daytona?

 :Laughing_on_floor:

The Pepsi Oyster looks good. want to change from panda and try

By dumping Daytona to buy Pepsi?
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 14, 2021, 01:14:22 PM
Rediculous pricing for Rolex sport model, overheat price tag i can say


That's why you're selling the Daytona?

 :Laughing_on_floor:

The Pepsi Oyster looks good. want to change from panda and try

By dumping Daytona to buy Pepsi?

Haha why not? In fact im buying in premium price, just sell in premium price and buy another model.
I feel Pepsi Oyster is quite pretty. Dont know hoe much price tag, mayb will sell at 120k when launch to Msia. Need to wait for somewhile
Title: Re: Rolex Prices Tanking
Post by: Horotime on April 14, 2021, 03:40:34 PM
Well, even DJ are rare pieces in store nowadays.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 14, 2021, 03:50:37 PM
What to do? It’s getting more and more reseller stores open...

They ‘sapu’ all the stock from AD..., there is really nothing left for fans nowadays...
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 14, 2021, 05:34:49 PM
What to do? It’s getting more and more reseller stores open...

They ‘sapu’ all the stock from AD..., there is really nothing left for fans nowadays...

So long as there are people buying new watches from grey dealers, the price will only keep going up...
Title: Re: Rolex Prices Tanking
Post by: W3ll on April 14, 2021, 11:12:17 PM
HG need to spend 130k minimum for them to put you into ‘waiting lists’ for sp model.

Strangely, new buyer still hoping for a rrp sport model?

If no AD history, just go get from grey..

Just curious, have you or any other member here speak with their ADs directly about the "Spend History" or "Bundling" in order to get in the waitlist for the watch you want?

I purchase from grey and that's only because the ADs never have the models I want, and never gave me a guarantee that if I were to spend xxx amount of money or say bundle with xxx models, then I will guarantee to have the piece I want in an estimated time frame.

I spoke with a SA at Pavillion before and I was being very upfront about it and asked him "Do you accept bundling? I am willing to buy certain less desirable pieces as a gift to my parents/gf in order to get on the list for xxx reference." The guy straight up just said no they do not condone this type of practice. So that really leaves me no choice but to go grey re... maybe I looked like a flipper? I was being very sincere...

If an AD tells me "Look, if you are willing to buy xxx + xxx then we will make sure you get the reference you want in xxx months" then I wouldn't have gone grey at all.

I guess the way you bring the question up in such a manner makes them think that you are probably just one of those customers send in by grey dealers to make bundle deals for a highly desirable piece and that's why they will tell you upfront that they don't condone such practice.

The grey dealers have their network of "customers" that walks into the shop and build their purchase history with them by just pretending to buy up some other branded watches with the intention to pop a question on a desirable Rolex piece sometime later and hoping to get them to be approved by the AD manager.

Have you ever wonder why there are so many brand new / unworn other branded watches offered at a good discount by grey dealers? The discount is even better than what AD can offer and some of them will openly tell you if you want this piece deposit with them and they will so call pre-order it, their pre-order is basically sending a "customer" to walk into AD and get this piece building profile, because if they manage to hit a Rolex piece, the profit easily cover whatever the loss they made from selling other branded watches to another customer at loss.

And I would definitely think some AD might have insiders who work with grey dealers to help them to swallow up some unwanted stocks and hence explains why each time a Rolex shipment arrives, the grey dealers are the first ones who happily blasting out all these brand new stocks with ridiculous pricing.

Just a tip, if you willing to spend on other pieces just spend on the other pieces first with the AD, don’t ask them to guarantee you with black and white on your rolex purchase because that will never work, the sales person has no authority to guarantee you any piece unless you are speaking to the one who is approving who the watch will sell to.
Title: Re: Rolex Prices Tanking
Post by: IamJacky on April 15, 2021, 09:12:32 AM
I guess the way you bring the question up in such a manner makes them think that you are probably just one of those customers send in by grey dealers to make bundle deals for a highly desirable piece and that's why they will tell you upfront that they don't condone such practice.

The grey dealers have their network of "customers" that walks into the shop and build their purchase history with them by just pretending to buy up some other branded watches with the intention to pop a question on a desirable Rolex piece sometime later and hoping to get them to be approved by the AD manager.

Have you ever wonder why there are so many brand new / unworn other branded watches offered at a good discount by grey dealers? The discount is even better than what AD can offer and some of them will openly tell you if you want this piece deposit with them and they will so call pre-order it, their pre-order is basically sending a "customer" to walk into AD and get this piece building profile, because if they manage to hit a Rolex piece, the profit easily cover whatever the loss they made from selling other branded watches to another customer at loss.

And I would definitely think some AD might have insiders who work with grey dealers to help them to swallow up some unwanted stocks and hence explains why each time a Rolex shipment arrives, the grey dealers are the first ones who happily blasting out all these brand new stocks with ridiculous pricing.

Just a tip, if you willing to spend on other pieces just spend on the other pieces first with the AD, don’t ask them to guarantee you with black and white on your rolex purchase because that will never work, the sales person has no authority to guarantee you any piece unless you are speaking to the one who is approving who the watch will sell to.

I agree and I think you pinned it down perfectly, especially on the grey dealer's network/runner aspect of it.

This all happened quite some time ago when I was trying to figure out just how I could get on the list. I've visited pretty much every single AD in the KL area, I think there're about 6-7 of them. In the same vicinity, there are at least 15-20 grey dealers with actual storefronts.

I eventually figured that I simply could not compete with:

1. the VIP whale spenders
2. the runners from the grey dealers

And since the pieces I wanted were all popular SS professional models, I just bit the bullet and went grey. Right now I'm happy and content with the pieces I have. I did gain a better perspective after all those visits to the ADs and grey dealers as well as experiences and posts shared on this thread though, much appreciated from the advice.
Title: Re: Rolex Prices Tanking
Post by: swleong on April 15, 2021, 09:20:36 AM
man, I am totally going to give up on ROLEX after seeing the grey price of new Oyster Perpetual 41 going for almost RM63k........
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 15, 2021, 09:46:42 AM
For Rolex, it’s all buying hype now, not watch..

Luckily I got all I needed...
Title: Re: Rolex Prices Tanking
Post by: Poppyplants on April 15, 2021, 04:46:06 PM
Like any bubble, it will pop. It is just a matter of time. And it is especially when you see prices go parabolic like 2021.

Money and affordability is subjective. Therefore building a profile with AD to buy a Rolex sounds ridiculous to me because I can not afford to build a 150k to 200k profile on watches. I can fork out an amount like maybe RM40k for a watch that I really want. And I don't want to say the Rolex model I desire because I'll obviously just get laughed at from here to Switzerland and back.

This has definitely created a toxic culture and perception of people who wear highly desirable Rolex models. It used to be people asking "real ah?". Now it is "retail ah?", "from AD?", "paid premium to SA?", "built profile?", "Grey dealer?".

So here is me hoping that those making a living as a grey dealer just suffer in the next few years from overstocking and being over-ambitious with this current stupid bull Rolex market. Because they really are stealing the joy from plenty of people who just want a Rolex at retail price on their wrist.

Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 15, 2021, 05:24:27 PM
Whether the price will shoot up or stagnant it will solely depends on HK and PRC market...

Most PRC AD can’t promised any sport model even if you spend hundred thousands there...their waiting lists like thousands above..
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 15, 2021, 09:19:54 PM

I guess the way you bring the question up in such a manner makes them think that you are probably just one of those customers send in by grey dealers to make bundle deals for a highly desirable piece and that's why they will tell you upfront that they don't condone such practice.


This is the best written explanation... to the SA, anyone walking in asking about popular SS models will simply be labelled as "potential grey/flipper" and given textbook answers.

Seems like the grey dealers have already tried all the tricks you can imagine to get the hot models... SA are probably only assigned to sell other brands and ROLEX probably controlled by store manager.



Just a tip, if you willing to spend on other pieces just spend on the other pieces first with the AD, don’t ask them to guarantee you with black and white on your rolex purchase because that will never work, the sales person has no authority to guarantee you any piece unless you are speaking to the one who is approving who the watch will sell to.

Best advice indeed. Another way is to get someone who already has a good relationship to get you an introduction. Talk about watches, show them your collection, tell them what you would like to add and see what shows up first.

Title: Re: Rolex Prices Tanking
Post by: W3ll on April 16, 2021, 11:59:44 AM
I agree and I think you pinned it down perfectly, especially on the grey dealer's network/runner aspect of it.

This all happened quite some time ago when I was trying to figure out just how I could get on the list. I've visited pretty much every single AD in the KL area, I think there're about 6-7 of them. In the same vicinity, there are at least 15-20 grey dealers with actual storefronts.

I eventually figured that I simply could not compete with:

1. the VIP whale spenders
2. the runners from the grey dealers

And since the pieces I wanted were all popular SS professional models, I just bit the bullet and went grey. Right now I'm happy and content with the pieces I have. I did gain a better perspective after all those visits to the ADs and grey dealers as well as experiences and posts shared on this thread though, much appreciated from the advice.

I guess if Rolex is the only piece you want and no other options, that's the fastest route you can take. Sometimes i find it easier to just forego the desire of wanting a Rolex and forget about competing with any spenders in the AD, ask the AD to introduce some other brands to you, try it on, appreciate the watch history/movement and how it wears on your hands, who knows right you might end up paying for a non-Rolex piece and that's also a good way to start your journey with the AD.

The majority of the people getting into Rolex is really just because of FOMO, and that's what fueling the grey dealers lucrative business. The grey dealers will always tell you if you pay rm165k for a daytona it will never lose value it will keep going up and if you wait somemore you won't buy it at his price the next time. And just 1 page back I read someone claim that he has a friend who bought like 7 - 8 pieces of the Starbucks rolex? Come on.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 17, 2021, 02:42:25 PM
Almost every weekends, u can see plenty reseller mushrooming with ‘openings’ at certain Wisma...

Pity those who just started their quest for Rolex...
Title: Re: Rolex Prices Tanking
Post by: alan2222 on April 17, 2021, 04:49:45 PM
With the re-introduction of Batman in Oyster, do u think the grey 116510 blnr will drop in prices now?

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Title: Re: Rolex Prices Tanking
Post by: WestFly on April 17, 2021, 06:38:16 PM
With the re-introduction of Batman in Oyster, do u think the grey 116510 blnr will drop in prices now?

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Dont think will decrease, but new batman will sell more expensive
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 17, 2021, 09:28:06 PM

I guess if Rolex is the only piece you want and no other options, that's the fastest route you can take. Sometimes i find it easier to just forego the desire of wanting a Rolex and forget about competing with any spenders in the AD, ask the AD to introduce some other brands to you, try it on, appreciate the watch history/movement and how it wears on your hands, who knows right you might end up paying for a non-Rolex piece and that's also a good way to start your journey with the AD.

The majority of the people getting into Rolex is really just because of FOMO, and that's what fueling the grey dealers lucrative business. The grey dealers will always tell you if you pay rm165k for a daytona it will never lose value it will keep going up and if you wait somemore you won't buy it at his price the next time. And just 1 page back I read someone claim that he has a friend who bought like 7 - 8 pieces of the Starbucks rolex? Come on.


People buying multiple pieces of starbucks at grey market prices are just shifting investments from one form to another. So far, the record is not going down so people feel it is safe haven like gold. Spoils the fun for watch addicts but it is what it is.

Plenty of other brands to look at JLC, Zenith and Omega come to mind and those who can't get Rolex at retail should consider those instead.
Title: Re: Rolex Prices Tanking
Post by: dpkong on April 17, 2021, 09:29:47 PM
With the re-introduction of Batman in Oyster, do u think the grey 116510 blnr will drop in prices now?

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Who cares if you get it at retail?  Only "investors" worry
Title: Re: Rolex Prices Tanking
Post by: IamJacky on April 19, 2021, 12:32:04 PM
I guess if Rolex is the only piece you want and no other options, that's the fastest route you can take. Sometimes i find it easier to just forego the desire of wanting a Rolex and forget about competing with any spenders in the AD, ask the AD to introduce some other brands to you, try it on, appreciate the watch history/movement and how it wears on your hands, who knows right you might end up paying for a non-Rolex piece and that's also a good way to start your journey with the AD.

The majority of the people getting into Rolex is really just because of FOMO, and that's what fueling the grey dealers lucrative business. The grey dealers will always tell you if you pay rm165k for a daytona it will never lose value it will keep going up and if you wait somemore you won't buy it at his price the next time. And just 1 page back I read someone claim that he has a friend who bought like 7 - 8 pieces of the Starbucks rolex? Come on.

Yes, ever since I bought my first Rolex in 2012 there was no turning back. It was my first luxury watch and I knew very little in terms of horology (still very little today). I just knew that the Datejust II looked very classic, iconic and timeless. After owning it, I appreciated its toughness, reliability and ease of use (due to my work I engage in lots of physical activity for which an SS Rolex is the ideal watch for all occasions). Also another aspect was that I thought it would hold its value pretty well. In short, I just fell in love with the brand in all aspects.

Sure enough, once I was in a good financial position, I started branching out to its other lines - Daytona, Submariners, GMTs, etc, I've just never branched out to other brands because I was thoroughly impressed with every single piece of Rolex I've acquired.

Thinking back, life is full of wonders. Had I started earlier with this expensive hobby with the ADs, I probably would not have invested my money elsewhere and instead put all that hard earned money to build a relationship for watches. I got into Rolex rather late, and as a result I had my priorities taken care of first, and am able to buy the pieces I want today with returns from my investments years ago.

Anyways, I definitely agree with what you've said. Although I've already dug in and went grey, at the end of the day I'm just happy and feel fortunate for what I have. Still though, I would love to have the AD experience in the future, so will definitely consider other options.
 
Title: Re: Rolex Prices Tanking
Post by: RyanLiang on April 19, 2021, 01:44:12 PM
I guess if Rolex is the only piece you want and no other options, that's the fastest route you can take. Sometimes i find it easier to just forego the desire of wanting a Rolex and forget about competing with any spenders in the AD, ask the AD to introduce some other brands to you, try it on, appreciate the watch history/movement and how it wears on your hands, who knows right you might end up paying for a non-Rolex piece and that's also a good way to start your journey with the AD.

The majority of the people getting into Rolex is really just because of FOMO, and that's what fueling the grey dealers lucrative business. The grey dealers will always tell you if you pay rm165k for a daytona it will never lose value it will keep going up and if you wait somemore you won't buy it at his price the next time. And just 1 page back I read someone claim that he has a friend who bought like 7 - 8 pieces of the Starbucks rolex? Come on.

Yes, ever since I bought my first Rolex in 2012 there was no turning back. It was my first luxury watch and I knew very little in terms of horology (still very little today). I just knew that the Datejust II looked very classic, iconic and timeless. After owning it, I appreciated its toughness, reliability and ease of use (due to my work I engage in lots of physical activity for which an SS Rolex is the ideal watch for all occasions). Also another aspect was that I thought it would hold its value pretty well. In short, I just fell in love with the brand in all aspects.

Sure enough, once I was in a good financial position, I started branching out to its other lines - Daytona, Submariners, GMTs, etc, I've just never branched out to other brands because I was thoroughly impressed with every single piece of Rolex I've acquired.

Thinking back, life is full of wonders. Had I started earlier with this expensive hobby with the ADs, I probably would not have invested my money elsewhere and instead put all that hard earned money to build a relationship for watches. I got into Rolex rather late, and as a result I had my priorities taken care of first, and am able to buy the pieces I want today with returns from my investments years ago.

Anyways, I definitely agree with what you've said. Although I've already dug in and went grey, at the end of the day I'm just happy and feel fortunate for what I have. Still though, I would love to have the AD experience in the future, so will definitely consider other options.
Totally agreed with you. Got my first hulk 8 mounts ago... after that,  there's no turning back. Now I brought 10 rolexes for the past 8 months. Trade few pcs to my friends. Still holding on 7 pcs. And I never look to place my money in FD.
All my watches brought from grey market.


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Title: Re: Rolex Prices Tanking
Post by: WestFly on April 20, 2021, 05:10:16 AM
Quote from: Petai300 link=topic=21625.msg192508#msg192508
 date=1618552784

You must have great series collections Rolex, please share photos haha
I guess if Rolex is the only piece you want and no other options, that's the fastest route you can take. Sometimes i find it easier to just forego the desire of wanting a Rolex and forget about competing with any spenders in the AD, ask the AD to introduce some other brands to you, try it on, appreciate the watch history/movement and how it wears on your hands, who knows right you might end up paying for a non-Rolex piece and that's also a good way to start your journey with the AD.

The majority of the people getting into Rolex is really just because of FOMO, and that's what fueling the grey dealers lucrative business. The grey dealers will always tell you if you pay rm165k for a daytona it will never lose value it will keep going up and if you wait somemore you won't buy it at his price the next time. And just 1 page back I read someone claim that he has a friend who bought like 7 - 8 pieces of the Starbucks rolex? Come on.

Yes, ever since I bought my first Rolex in 2012 there was no turning back. It was my first luxury watch and I knew very little in terms of horology (still very little today). I just knew that the Datejust II looked very classic, iconic and timeless. After owning it, I appreciated its toughness, reliability and ease of use (due to my work I engage in lots of physical activity for which an SS Rolex is the ideal watch for all occasions). Also another aspect was that I thought it would hold its value pretty well. In short, I just fell in love with the brand in all aspects.

Sure enough, once I was in a good financial position, I started branching out to its other lines - Daytona, Submariners, GMTs, etc, I've just never branched out to other brands because I was thoroughly impressed with every single piece of Rolex I've acquired.

Thinking back, life is full of wonders. Had I started earlier with this expensive hobby with the ADs, I probably would not have invested my money elsewhere and instead put all that hard earned money to build a relationship for watches. I got into Rolex rather late, and as a result I had my priorities taken care of first, and am able to buy the pieces I want today with returns from my investments years ago.

Anyways, I definitely agree with what you've said. Although I've already dug in and went grey, at the end of the day I'm just happy and feel fortunate for what I have. Still though, I would love to have the AD experience in the future, so will definitely consider other options.
Totally agreed with you. Got my first hulk 8 mounts ago... after that,  there's no turning back. Now I brought 10 rolexes for the past 8 months. Trade few pcs to my friends. Still holding on 7 pcs. And I never look to place my money in FD.
All my watches brought from grey market.


Sent from my SM-A715F using Tapatalk
Title: Re: Rolex Prices Tanking
Post by: ray6969 on April 20, 2021, 01:14:06 PM
I'm a newcomer to the luxury watch market. Rolex, ADs and grey market dealers can play all these games but I refuse to participate. I would love to get any Rolex but I aint paying inflated prices. They might as well be creating a Rolex bubble. Rolex has always been desirable and not freely available. A lot thought that real estate market would only go up and then it crashed and now it has rebounded to crazier levels. For luxury items, which are mostly fads, it only takes the economy taking a mild downturn and luxury items get dumped or remain unsold.
Title: Re: Rolex Prices Tanking
Post by: alan2222 on April 20, 2021, 01:15:20 PM
With the re-introduction of Batman in Oyster, do u think the grey 116510 blnr will drop in prices now?

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Who cares if you get it at retail?  Only "investors" worry
It is almost impossible to get from my side of the world unless I bundle buy

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Title: Re: Rolex Prices Tanking
Post by: W3ll on April 20, 2021, 02:41:34 PM
I'm a newcomer to the luxury watch market. Rolex, ADs and grey market dealers can play all these games but I refuse to participate. I would love to get any Rolex but I aint paying inflated prices. They might as well be creating a Rolex bubble. Rolex has always been desirable and not freely available. A lot thought that real estate market would only go up and then it crashed and now it has rebounded to crazier levels. For luxury items, which are mostly fads, it only takes the economy taking a mild downturn and luxury items get dumped or remain unsold.

Looking forward for the day where all these "investors" start throwing their piece when bubble burst
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on April 20, 2021, 02:57:24 PM
Almost everyone been hoping for rolex price drop since 2000 (Daytona), and see what happen to the pricing now?

It’s the ‘Hard to Get’ that add strength to the brand ....

If price stagnant Rolex can easily stop the production of certain model and drip their client for years again...certainly they are expert in handling their own ‘bubbles’

Title: Re: Rolex Prices Tanking
Post by: ray6969 on April 20, 2021, 03:17:21 PM
Almost everyone been hoping for rolex price drop since 2000 (Daytona), and see what happen to the pricing now?

It’s the ‘Hard to Get’ that add strength to the brand ....

If price stagnant Rolex can easily stop the production of certain model and drip their client for years again...certainly they are expert in handling their own ‘bubbles’
Demand and supply.. Basic economics..everyone want a Rolex.. as their motto " A crown for every achievement "...supplies is limited but lots of demand..example mass production 800k till 1million unit per years world wide ..what if make it lots and lots productions ? solve the problem?

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Title: Re: Rolex Prices Tanking
Post by: W3ll on April 20, 2021, 03:46:56 PM
Almost everyone been hoping for rolex price drop since 2000 (Daytona), and see what happen to the pricing now?

It’s the ‘Hard to Get’ that add strength to the brand ....

If price stagnant Rolex can easily stop the production of certain model and drip their client for years again...certainly they are expert in handling their own ‘bubbles’

so does the "hard to get" part you mention applies to the grey dealers as well?
Title: Re: Rolex Prices Tanking
Post by: WestFly on April 20, 2021, 05:01:46 PM
Grey market Rolex price is way too high nowadays.. gosh
Title: Re: Rolex Prices Tanking
Post by: vans1088 on April 26, 2021, 04:43:27 PM
Quite surprised to see the prices of Oyster Perpetuals nowadays :o
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on May 14, 2021, 03:16:57 PM
Heard latest Pepsi (oyster) now grey at rm108k?
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 14, 2021, 08:38:13 PM
Heard latest Pepsi (oyster) now grey at rm108k?

If people are willing to pay then the grey dealers will keep raising the price...

I do notice few weeks back the steel Daytona had gone up to 160k but might not be moving at that price because it's still not sold at one site and some FB posts have lowered the price back to 130k which is also not moving apparently.
Title: Re: Rolex Prices Tanking
Post by: legend888 on May 14, 2021, 08:39:44 PM
Rolex batgirl is good
Title: Re: Rolex Prices Tanking
Post by: XuinTan on May 19, 2021, 02:51:04 PM
Heard people say grey market Rolex price is dropping in HK last year, especially hulk and Batman
I don’t see any drop


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Title: Re: Rolex Prices Tanking
Post by: mikench on May 20, 2021, 07:02:31 PM
Quite surprised to see the prices of Oyster Perpetuals nowadays :o

Especially the newly launched colored ones. Insane.
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 20, 2021, 07:36:18 PM
Quite surprised to see the prices of Oyster Perpetuals nowadays :o

Especially the newly launched colored ones. Insane.

You will see the same few watches listed by a few dealers and it doesn't seem to be moving at the asking prices. Now you can browse rolex.com and it will give RRP for all the models so you can see how ridiculous the prices the grey dealer are asking.

Why spend 60k for a 25k watch when there are so many other nicer options.
Title: Re: Rolex Prices Tanking
Post by: r3kahsttub on May 20, 2021, 08:27:47 PM
Heard people say grey market Rolex price is dropping in HK last year, especially hulk and Batman
I don’t see any drop


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Just local dealers holding on to their prices. I hear the market is softer now. I highly doubt it can sustain at those prices. For those who bought a white dial Daytona at 160k, well, hope the instant gratification was worth it and that you enjoy wearing it.
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 21, 2021, 09:38:29 AM
Heard people say grey market Rolex price is dropping in HK last year, especially hulk and Batman
I don’t see any drop


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Just local dealers holding on to their prices. I hear the market is softer now. I highly doubt it can sustain at those prices. For those who bought a white dial Daytona at 160k, well, hope the instant gratification was worth it and that you enjoy wearing it.


Hopefully it was Bitcoin/Dogecoin profits...
Title: Re: Rolex Prices Tanking
Post by: r3kahsttub on May 21, 2021, 09:33:31 PM
Hopefully it was Bitcoin/Dogecoin profits...

Well, with easy in, is normal for easy out. As long as they like the watch and plan to wear, I think no issue. But all those who had FOMO at 160k and looking to "invest"... well, good luck.
Title: Re: Rolex Prices Tanking
Post by: W3ll on May 23, 2021, 02:16:40 PM
If we visit some of the grey dealers weekly we can see they already start to drop their asking/listing price gradually since the rolex announcement that flop all the grey dealer discontinuation speculation.
Title: Re: Rolex Prices Tanking
Post by: alan2222 on May 23, 2021, 05:35:00 PM
If we visit some of the grey dealers weekly we can see they already start to drop their asking/listing price gradually since the rolex announcement that flop all the grey dealer discontinuation speculation.
What was the announcement?

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Title: Re: Rolex Prices Tanking
Post by: Cocas on May 23, 2021, 08:22:09 PM
I will go to Rolex AD outlet that is within 8km from my house next week.

Testing how many Rolex stock available during MCO 3.0.
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 23, 2021, 09:52:08 PM
I will go to Rolex AD outlet that is within 8km from my house next week.

Testing how many Rolex stock available during MCO 3.0.


Pics or it didn't happen.. but to be honest not expecting anything other than empty display cases because all the good stuff would have been paid for and kept in the safe for collection.

Still there is always hope for that rare opportunity...
Title: Re: Rolex Prices Tanking
Post by: Mushroom Boy on May 24, 2021, 12:13:28 PM
I will go to Rolex AD outlet that is within 8km from my house next week.

Testing how many Rolex stock available during MCO 3.0.

Please keep us updated  8)
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on May 25, 2021, 10:53:21 AM
'Friends of the brand' .....

Man, seeing all those Rollies just packed together like that, like so many sardine cans, really puts things in perspective. Merepek dah la brand ni.

https://youtu.be/2LAls6AdvXQ
Title: Re: Rolex Prices Tanking
Post by: W3ll on May 25, 2021, 01:25:09 PM
'Friends of the brand' .....

Man, seeing all those Rollies just packed together like that, like so many sardine cans, really puts things in perspective. Merepek dah la brand ni.

https://youtu.be/2LAls6AdvXQ

Got to thank the grey dealers + the grey buyers that is continuously fueling this ridiculous game
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 25, 2021, 06:50:22 PM
'Friends of the brand' .....

Man, seeing all those Rollies just packed together like that, like so many sardine cans, really puts things in perspective. Merepek dah la brand ni.

https://youtu.be/2LAls6AdvXQ

Got to thank the grey dealers + the grey buyers that is continuously fueling this ridiculous game

You should listen to some of the FB live sales sessions by grey dealers have....  edging buyers to believe they will never get the desirable models at retail and to buy before prices go up again..  and young people who just got interested never realise many models were never desirable in the first place.. when sub dates were available at a discount, when nobody wanted the Sub no date or Yachtmaster or GMT even....

pic from 10 years ago.... and 20% off was very possible..
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on May 27, 2021, 02:52:56 PM
'Friends of the brand' .....

Man, seeing all those Rollies just packed together like that, like so many sardine cans, really puts things in perspective. Merepek dah la brand ni.

https://youtu.be/2LAls6AdvXQ

Wah, Rolex bersepah-sepah  :o
Got to thank the grey dealers + the grey buyers that is continuously fueling this ridiculous game

You should listen to some of the FB live sales sessions by grey dealers have....  edging buyers to believe they will never get the desirable models at retail and to buy before prices go up again..  and young people who just got interested never realise many models were never desirable in the first place.. when sub dates were available at a discount, when nobody wanted the Sub no date or Yachtmaster or GMT even....

pic from 10 years ago.... and 20% off was very possible..
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 27, 2021, 02:59:11 PM

Wah, Rolex bersepah-sepah  :o
Got to thank the grey dealers + the grey buyers that is continuously fueling this ridiculous game



If you see FB for sale posts, it's mostly the same piece being posted for sale by multiple sellers. I guess it depends who gets the first bite.

Grey prices are all over the place but it would be interesting to know how many pieces are really sold at the asking prices and who is really willing to pay double or more the retail price for a watch.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on May 27, 2021, 03:06:43 PM
There are plenty ‘friends of the brand’ in Malaysia...

Grey keep repeating the same tricks ‘don’t buy now increase later...’ over and
over again...

The price will also keep climbing coz there simply too many plp wanting Rollies...

I know a Tudor Choro Panda just sold at rm25k+...
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 31, 2021, 07:24:42 AM

and back to the original track...

it does seem some sellers have brought down prices for used 116610LV to 7x,xxx from 8x,xxx

steel Daytonas also not moving fast at 14x,xxx

quite sure the established grey have more holding power but the newer ventures might not


also, seeing a lot more incoming from Ad posts on overseas forums too.. watches becoming more available?
Title: Re: Rolex Prices Tanking
Post by: W3ll on May 31, 2021, 10:38:54 AM
There are plenty ‘friends of the brand’ in Malaysia...

Grey keep repeating the same tricks ‘don’t buy now increase later...’ over and
over again...

The price will also keep climbing coz there simply too many plp wanting Rollies...

I know a Tudor Choro Panda just sold at rm25k+...

Silly price to pay for a tudor panda.. plenty surfaces around 23800 the past 1 week
Title: Re: Rolex Prices Tanking
Post by: swleong on May 31, 2021, 04:00:07 PM
Started with Rolex, now over-spill to Tudor. Don't buy the hype people!

Off topic: with the same Tudor Panda hyped price tag, I can get a decent setup of UST laser projector with 100" UST PET screen and sound system for my home cinema, but that's just me.
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 31, 2021, 06:46:26 PM

Grey dealers trying to hype Air King to 42+ k has now backed down to 35+ k also … maybe not moving
Title: Re: Rolex Prices Tanking
Post by: RyanLiang on May 31, 2021, 06:55:29 PM
Rm 35k+ is preown. Not brand new.
Brand new still selling above rm 40k

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Title: Re: Rolex Prices Tanking
Post by: mister_lau on June 21, 2021, 10:56:37 AM
I have noticed several grey dealers are reducing their prices recently(e.g. batgirl from 76k to 71k), mostly likely due to slow market affected by FMCO. Maybe it's a good time pull some triggers?

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Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on June 21, 2021, 03:00:05 PM
I have noticed several grey dealers are reducing their prices recently(e.g. batgirl from 76k to 71k), mostly likely due to slow market affected by FMCO. Maybe it's a good time pull some triggers?

Sent from my ELE-L29 using Tapatalk

Better off spending that premium on buying crypto right now bro, 71k is just waaaay overvalued.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on June 21, 2021, 03:05:03 PM
I have noticed several grey dealers are reducing their prices recently(e.g. batgirl from 76k to 71k), mostly likely due to slow market affected by FMCO. Maybe it's a good time pull some triggers?

Sent from my ELE-L29 using Tapatalk

If got the cash and luv it just buy it...

Rolex ,master of dripping it’s client, will never let the price come down...
Title: Re: Rolex Prices Tanking
Post by: Cocas on June 21, 2021, 05:11:08 PM
For the flippers, it's time to dump the investment units.

6 digits Rolex prices are tumbling down.... ;)
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on June 21, 2021, 07:48:10 PM
Interesting how this seeming decline coincides with events like the US Fed announcement on rates leading to strengthening USD n drop in DowJones. Talk about macroeconomic implications of rolex prices
Title: Re: Rolex Prices Tanking
Post by: bulletnos on June 21, 2021, 08:06:20 PM
Interesting indeed...and perhaps coupled with the restrictions due to FMCO that limits the purchase and collection of watches...and if so, may well blow up again once restrictions ease up.

Unless worldwide pricing is also dropping, it's hard to directly relate global macroeconomic factors on the Malaysian demand for Rolex...

But that's just my guess la...I stand corrected!
Title: Re: Rolex Prices Tanking
Post by: W3ll on June 22, 2021, 10:38:15 AM
Indeed the prices have been going down, you notice most grey have their inventory of Rolex in abundance..
Title: Re: Rolex Prices Tanking
Post by: dpkong on June 22, 2021, 02:00:57 PM
Indeed the prices have been going down, you notice most grey have their inventory of Rolex in abundance..

too many new startups with little holding power need to liquidate quick for turnaround. Quite sure the older established sellers will have more stable pricing.


For the flippers, it's time to dump the investment units.

6 digits Rolex prices are tumbling down.... ;)

might be true... or maybe moving investments towards crypto or other speculations... so if you bought high and expecting it to go higher...  :Laughing_on_floor:


I have noticed several grey dealers are reducing their prices recently(e.g. batgirl from 76k to 71k), mostly likely due to slow market affected by FMCO. Maybe it's a good time pull some triggers?

Sent from my ELE-L29 using Tapatalk

If got the cash and luv it just buy it...

Rolex ,master of dripping it’s client, will never let the price come down...

Buy at retail or discounted.. and it's the grey dealers and professional flippers who are screwing the market, not ROLEX itself.

If you follow some of the FB groups and forums, you will notice a trend that many are posting their recent AD purchases which indicate that stock is flowing in more often...

Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on June 22, 2021, 02:28:06 PM
Hopefully prices can stabilize at more sensible levels within the next few years. I'm not asking for much, a used blue-dialled 114300 in good condition at masuk akal price also enuff di la   :Blue:
Title: Re: Rolex Prices Tanking
Post by: mister_lau on June 22, 2021, 02:29:39 PM
Indeed the prices have been going down, you notice most grey have their inventory of Rolex in abundance..

too many new startups with little holding power need to liquidate quick for turnaround. Quite sure the older established sellers will have more stable pricing.


For the flippers, it's time to dump the investment units.

6 digits Rolex prices are tumbling down.... ;)

might be true... or maybe moving investments towards crypto or other speculations... so if you bought high and expecting it to go higher...  :Laughing_on_floor:


I have noticed several grey dealers are reducing their prices recently(e.g. batgirl from 76k to 71k), mostly likely due to slow market affected by FMCO. Maybe it's a good time pull some triggers?

Sent from my ELE-L29 using Tapatalk

If got the cash and luv it just buy it...

Rolex ,master of dripping it’s client, will never let the price come down...

Buy at retail or discounted.. and it's the grey dealers and professional flippers who are screwing the market, not ROLEX itself.

If you follow some of the FB groups and forums, you will notice a trend that many are posting their recent AD purchases which indicate that stock is flowing in more often...
Is there a way to get at retail?

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Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on June 22, 2021, 02:49:15 PM
Indeed the prices have been going down, you notice most grey have their inventory of Rolex in abundance..

too many new startups with little holding power need to liquidate quick for turnaround. Quite sure the older established sellers will have more stable pricing.


For the flippers, it's time to dump the investment units.

6 digits Rolex prices are tumbling down.... ;)

might be true... or maybe moving investments towards crypto or other speculations... so if you bought high and expecting it to go higher...  :Laughing_on_floor:


I have noticed several grey dealers are reducing their prices recently(e.g. batgirl from 76k to 71k), mostly likely due to slow market affected by FMCO. Maybe it's a good time pull some triggers?

Sent from my ELE-L29 using Tapatalk

If got the cash and luv it just buy it...

Rolex ,master of dripping it’s client, will never let the price come down...

Buy at retail or discounted.. and it's the grey dealers and professional flippers who are screwing the market, not ROLEX itself.

If you follow some of the FB groups and forums, you will notice a trend that many are posting their recent AD purchases which indicate that stock is flowing in more often...
Is there a way to get at retail?

Sent from my ELE-L29 using Tapatalk

Yes, at a profile of 150k, it’s the norms at all AD now.

Most of the old timer here already purchased plenty from AD, so it’s no much of issues for them ..p
Title: Re: Rolex Prices Tanking
Post by: dpkong on June 22, 2021, 06:39:50 PM

Is there a way to get at retail?

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Yes.. 

But there are so many people walking into a store every day (when it's not MCO lah) and asking for a popular model and people in the AD also know the premiums on the grey market if you sell it so obviously they want to know if you're a flipper or a collector. But how would they? That is why you have to spend time to communicate and build a relationship.

Plenty of members here will tell you AD are all unscrupulous and sell only in bundle or have shady deals or you need to buy lots of useless pieces. While a few may do that, no every AD is like that.



Yes, at a profile of 150k, it’s the norms at all AD now.

Most of the old timer here already purchased plenty from AD, so it’s no much of issues for them ..p


This is what people are saying but I got a steel Sky Dweller just by asking.. only previous purchase was a moonwatch more than 2 years back.. then followed by a few other steel sports models. So if you meet the right AD and they're convinced you're a collector, you have no difficulty getting pieces. I was offered other brands and even when I declined them, it didn't stop me getting another steel Rolex later. So there isn't a need to buy what you don't want just to get what you want because you'd make yourself look like a grey dealer instead.
Title: Re: Rolex Prices Tanking
Post by: Mike9191 on June 22, 2021, 06:59:14 PM
Don’t care about price . Just buy what you love . That enough


??? iPhone ????? Tapatalk
Title: Re: Rolex Prices Tanking
Post by: IamJacky on June 23, 2021, 08:56:11 AM
Is there a way to get at retail?

There is, but like dpkong said you'll have to visit the AD and begin building relationship with them. It is very unlikely for you to get the 126710BLNR as your first Rolex at the AD without any prior spend history, there're just too much demand for that piece.

It really depends on what your approach is in watch collecting in today's market. If you are not desperate and do not mind the wait and are willing to explore other lines of Rolex or other brands the AD has to offer, then pick something they offer you that you genuinely love and enjoy; or buy them for your partner/family as a gift - anything that will constitute spend history at the AD. I believe that is the only way they will take you more seriously as a genuine buyer. But even then, there is no absolute guarantee if and when you will get the piece you want, especially when the piece you want is a very popular model; you just have to be patient. With this approach, I believe in the long run once you become an established spender, the AD will likely offer you new stocks ahead of the non-spenders.

That is why there's a premium for these watches in the grey.

If you do not care for any other watches but just the 126710BLNR, then I suggest you just buy at what you deem is the most competitive market price in the grey and get it over with. If you truly love the watch, the moment you put it on your wrist you won't be thinking about the premium you've paid. The worst thing that could happen is if you realize you don't love the watch and you regret paying that premium, then you'll likely take a 5-10% loss by selling it back to the dealer or on your own - and find closure and move on.

Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on June 23, 2021, 09:21:13 AM
If wanting popular model only, can wait 3-5 years (no guarantee) then possible

If spend 150k at AD then can get popular model within 2-6 months (few of my friend just did that and they got it)

If cannot wait then go grey..   ;D
Title: Re: Rolex Prices Tanking
Post by: mister_lau on June 23, 2021, 10:21:26 AM
Great info guys. I currently own a 116610 and 16710, both from grey. Only favour the steel sport models and I think I wouldn't be spending 150k as pre-requisite at AD. Will try the relationship building approach and see how it goes. Otherwise, grey is my only destiny....

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Title: Re: Rolex Prices Tanking
Post by: RyanLiang on June 23, 2021, 08:36:52 PM
I got all my Rolexes from grey market.
Grey is the only option for me.

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Title: Re: Rolex Prices Tanking
Post by: Champ66 on June 24, 2021, 06:11:01 AM
To be frank majority only able to get from grey market
Title: Re: Rolex Prices Tanking
Post by: dpkong on July 09, 2021, 07:13:04 PM
Back to the original topic again...

seeing a lot of Hulk and Starbucks asking price going down slightly.. and actual selling price probably even lower..

more and more sellers have plenty of stocks with grey sellers having ample stocks of AirKing asking over 42k few months back but now asking in the 36k range... and yes there are some ridiculous sellers still asking 40k++ because they only have 1 or 2 pieces.. but if you've got more than 10 pieces and it's not moving, you would be a little worried.

Daytona half/full gold models are still asking high prices but also not really moving.

Submariners and GMTs also stagnant.. high asking but not really moving..

More sellers doing FB live sales and you can see prices no longer NETT like before (more like PM me to deal) and less people are buying on the spot too..


And the real crunch... we've been in some form of lockdown for 16 months now, and even after vaccination, new strains are becoming hard to control.. so don't expect any changes in policies in the next 6 months or maybe one year.

Who are the people "investing" money buying from grey market and how will demand affect their investment? Can they still hold or will they need to offload and if they have to offload, will there be buyers at current asking prices which seems not at the rate sellers are not moving watches.

No need to feel sad for grey dealers because most have made their fortune and just sitting on stock. Yes.. they probably paid a little over retail for their stock but unless prices go below retail, they're not losing money just not having liquidity.

The fun part is watching those suckers who paid gross premiums hoping to make money....

 :Cheers:
Title: Re: Rolex Prices Tanking
Post by: IamJacky on July 10, 2021, 08:38:59 AM
Yeah it's definitely nice to see some market correction now (although I'm not in the market to buy anything at the moment), the price increase in the last year had been quite intense.

Only the highly desirable models will have their prices remain stagnant, i.e. the Daytona, GMT Master II, and Submariners.

While I understand these dealers are trying to make a living, the way they attempt to hype up every single model does feel a bit distasteful.

As for buyers who naively believed buying Rolex watches as investments and hoping to make money, well that was never a wise move to begin with. But hey, at least you got some real nice watches, enjoy them in good health!
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on July 10, 2021, 10:24:44 AM
Has the price been stagnating/dropping though I wonder? Been checking out some shops online out of curiosity n from what little I saw, price go up sum more. 53k for a no date sub, 42k for an OP.
Title: Re: Rolex Prices Tanking
Post by: dpkong on July 10, 2021, 01:40:53 PM
Has the price been stagnating/dropping though I wonder? Been checking out some shops online out of curiosity n from what little I saw, price go up sum more. 53k for a no date sub, 42k for an OP.

I think website pricing aren't as good an indicator of market pricing as grey sellers on Facebook live or for-sale posts
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on July 10, 2021, 02:10:43 PM
Facebook live always the best reflect of current situation ...


Yes, current fb live watch sales far quieter than last year...
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on July 10, 2021, 03:50:52 PM
Typically which fb live accts would be the ones to check out?
Title: Re: Rolex Prices Tanking
Post by: dpkong on July 11, 2021, 05:31:48 PM
Typically which fb live accts would be the ones to check out?

I normally see Watchlim pop up on my feed. Could be more..
Title: Re: Rolex Prices Tanking
Post by: ray6969 on July 12, 2021, 10:10:22 AM
i love its....i will wait until economic solve it especially law of demand and supply...in time being, there are model example like a  (bling2 /2 tone/ 36mm / DJ 29mm ) that we can buy in retail prices (just wait and relationship building approach and see how it goes with AD) and i understand in desirable  "hot model" which is hard to get, but keep calm and keep CONSISTENT since we have 5 or 6 AD AT Malaysia....keep call/msg/email/ monthly just to says "hi".... hahhahaaha
Title: Re: Rolex Prices Tanking
Post by: dpkong on July 12, 2021, 12:14:25 PM
i love its....i will wait until economic solve it especially law of demand and supply...in time being, there are model example like a  (bling2 /2 tone/ 36mm / DJ 29mm ) that we can buy in retail prices (just wait and relationship building approach and see how it goes with AD) and i understand in desirable  "hot model" which is hard to get, but keep calm and keep CONSISTENT since we have 5 or 6 AD AT Malaysia....keep call/msg/email/ monthly just to says "hi".... hahhahaaha

that's the right way to do it... showing interest only in "hot models" makes a customer look suspiciously like someone who just buy to resell.  Good luck and have the money ready for when the call comes.
Title: Re: Rolex Prices Tanking
Post by: ray6969 on July 12, 2021, 01:03:48 PM
i love its....i will wait until economic solve it especially law of demand and supply...in time being, there are model example like a  (bling2 /2 tone/ 36mm / DJ 29mm ) that we can buy in retail prices (just wait and relationship building approach and see how it goes with AD) and i understand in desirable  "hot model" which is hard to get, but keep calm and keep CONSISTENT since we have 5 or 6 AD AT Malaysia....keep call/msg/email/ monthly just to says "hi".... hahhahaaha

that's the right way to do it... showing interest only in "hot models" makes a customer look suspiciously like someone who just buy to resell.  Good luck and have the money ready for when the call comes.

Yes bro..keep calm and show that to AD...we are not a flipper...i understand when its come desirable "hot model", since VVIP is top in the list...then professional flipper (grey market)..last is average normal "joe" (normal customer)... especially in watch games in Rollie /AP/ PP/ VC......keep at least one or two this popular mass manufacture brand....in term of "horology"...i better save my hard earn money to "independent brand", my holy grail is Konstantin Chaykin Joker........
Title: Re: Rolex Prices Tanking
Post by: G.MAC on July 15, 2021, 01:40:05 PM
Prices have yo-yo-ed so it is hard to tell. The way i look at it today, if you intend to buy the really hot models from the really hot brands; just know that there are challenges in getting one at retail or getting it allocated to you. Either you play whatever game that is going on now and try your luck, pay the premium for one or move on to other equally deserving watches of your money. At the end of the day, the money is yours and what you choose to do with it ultimately is up to you.
Title: Re: Rolex Prices Tanking
Post by: ray6969 on July 28, 2021, 10:10:28 AM
Prices have yo-yo-ed so it is hard to tell. The way i look at it today, if you intend to buy the really hot models from the really hot brands; just know that there are challenges in getting one at retail or getting it allocated to you. Either you play whatever game that is going on now and try your luck, pay the premium for one or move on to other equally deserving watches of your money. At the end of the day, the money is yours and what you choose to do with it ultimately is up to you.

They way i look into "games of watch" especial in Daytona and others "hot model", we pay premium since 1988 until today and keep raising the price (sometime double (100%) the retail prices/ up to 30% from retail prices (depend on model). That is not a "watch bubble", i call its demand and supply law especially limited quantity. Rollie trying to keep pace to 3+1 holy trinity (PP/AP/VC) add with ALS. Almost monopoly luxury watch segment in swiss industry, anyway keep try your luck.  ;) :)   
Title: Re: Rolex Prices Tanking
Post by: mister_lau on September 24, 2021, 06:51:30 AM
https://www.google.com/amp/s/www.watchpro.com/rolex-breaks-silence-on-alarming-shortages-and-soaring-waiting-lists/

Came across this article, price will soar....

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Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on September 24, 2021, 12:20:53 PM
Kinda like self-promotion message from Rolex.

No doubt price for all rollies will shoot up for sure..
Title: Re: Rolex Prices Tanking
Post by: dpkong on September 24, 2021, 08:04:39 PM
https://www.google.com/amp/s/www.watchpro.com/rolex-breaks-silence-on-alarming-shortages-and-soaring-waiting-lists/

Came across this article, price will soar....

Sent from my ELE-L29 using Tapatalk

I'm curious where the official statement from Rolex the company can be found.

Wonder if it's just more hype generated by those hidden hands to push buyers towards the grey market.

Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on September 25, 2021, 01:45:29 PM
https://www.google.com/amp/s/www.watchpro.com/rolex-breaks-silence-on-alarming-shortages-and-soaring-waiting-lists/

Came across this article, price will soar....

Sent from my ELE-L29 using Tapatalk

I'm curious where the official statement from Rolex the company can be found.

Wonder if it's just more hype generated by those hidden hands to push buyers towards the grey market.


It seems that the statement was Rolex responding to an article published on Yahoo!News back in August. They just updated their news article to add the response they got from them. Link below:

https://malaysia.news.yahoo.com/why-the-rolex-watch-shortage-is-a-perfect-storm-144250922.html

Its interesting that these ppl would actually comment on the fact, knowing them they hardly come up with statements at all.
Title: Re: Rolex Prices Tanking
Post by: dpkong on September 25, 2021, 06:37:30 PM
https://www.google.com/amp/s/www.watchpro.com/rolex-breaks-silence-on-alarming-shortages-and-soaring-waiting-lists/

Came across this article, price will soar....

Sent from my ELE-L29 using Tapatalk

I'm curious where the official statement from Rolex the company can be found.

Wonder if it's just more hype generated by those hidden hands to push buyers towards the grey market.


It seems that the statement was Rolex responding to an article published on Yahoo!News back in August. They just updated their news article to add the response they got from them. Link below:

https://malaysia.news.yahoo.com/why-the-rolex-watch-shortage-is-a-perfect-storm-144250922.html

Its interesting that these ppl would actually comment on the fact, knowing them they hardly come up with statements at all.

seriously? it looks just like a standard canned reply to journalists...

Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on September 25, 2021, 08:02:54 PM
Kan? A very typical " its not our fault, they did it" thing too  :-\
Title: Re: Rolex Prices Tanking
Post by: Yoda on October 01, 2021, 03:06:33 PM
The government advise to keep healthy, the first line of defense against C19. Hence many will take note to keep fit and purchase a smart watch.

During the pandemic many business owners close shop, the luxury watches may not be a priority now.

I foresee in the future the new norm is wearing smart watch. Rolex has to change their strategy in the future. Hope the Rolex collectors will not dislike me :)

“The only constant in life is change”-Heraclitus
Title: Re: Rolex Prices Tanking
Post by: G.MAC on October 01, 2021, 06:14:37 PM
The government advise to keep healthy, the first line of defense against C19. Hence many will take note to keep fit and purchase a smart watch.

During the pandemic many business owners close shop, the luxury watches may not be a priority now.

I foresee in the future the new norm is wearing smart watch. Rolex has to change their strategy in the future. Hope the Rolex collectors will not dislike me :)

“The only constant in life is change”-Heraclitus
;D ;D ;D It would be great if it were so. I would like that very much.
Title: Re: Rolex Prices Tanking
Post by: dpkong on October 01, 2021, 07:28:00 PM
The government advise to keep healthy, the first line of defense against C19. Hence many will take note to keep fit and purchase a smart watch.

During the pandemic many business owners close shop, the luxury watches may not be a priority now.

I foresee in the future the new norm is wearing smart watch. Rolex has to change their strategy in the future. Hope the Rolex collectors will not dislike me :)

“The only constant in life is change”-Heraclitus
;D ;D ;D It would be great if it were so. I would like that very much.

 :Praying:

Don't hold your breath though...

One thing about COVID is that people learn many lessons from it and those who don't will be doomed to oblivion.

However, I do not see it having a drastic effect on Rolex. Asking prices on certain models will stabilise and some of the models which were never popular in the first place may even drop as supply becomes more available. But there wouldn't be a bottoming out of the market. I would be very surprised if it did. So long as you bought at retail or discounted, you should be safe.

People may wear sports or monitoring bands but the wristwatch will not lose it's appeal.

Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on October 02, 2021, 12:40:39 PM
The government advise to keep healthy, the first line of defense against C19. Hence many will take note to keep fit and purchase a smart watch.

During the pandemic many business owners close shop, the luxury watches may not be a priority now.

I foresee in the future the new norm is wearing smart watch. Rolex has to change their strategy in the future. Hope the Rolex collectors will not dislike me :)

“The only constant in life is change”-Heraclitus


An interesting subject of discussion. I fully agree with what u say, that Rolex has to change their strategy in the future. However, I disagree with the "why" of it.

See, if we look back in time, the quartz crisis was touted as the Armageddon of mech horology. It almost was, and while the history of it requires a far lengthier discussion than I'm capable of, suffice to say mech watches survived. Not only that though - quartz watches, being as cheap and accessible as they were, made it easier to get in on the whole wristwatch bandwagon. And opened up a new demographic to the industry.

Now, fast forward 50 years, we have a supposed smartwatch crisis looming in to take over the wristwatch segment. Except it actually didn't. It should have, by all accounts. And yet here we are. Still drooling over luxury mechanicals instead of luxury Casio MT-G. Still bitching about Rolex drama instead of moving on. AND changing the skins on our Garmin/Huawei/Samsung to match a Daytona/Luminor/Moonwatch dial. I see the same thing happening - smartwatches are opening a new demographic to the joys of mechanical luxury wristwatches. And being the luxurious discretionary items that they are, there will always be some kind of demand for them one way or another. A distinction between the haves and the have nots, especially so in covid times.

Now, what I do see as the game changer, is actually the Gen Z population. This demographic grew up in a world literally plugged into the net, and experienced numerous crises (financial, climate etc) first-hand. They will likely grow up not being able to benefit from the boom of the previous generations; watching the effect of economic turmoil and inflationary pressure burdening their parents; themselves being burdened with study loans despite having lost their jobs due to mass adoption of AI and automation; watching politicians and leaders pay lip service to societal change, equality and environmental preservation; and be disillusioned by the materialistic capitalism pervading their lives. Being used to the quick and instant gratification of apps and social media, this demographic doesn't really have the patience to bother with a fictitious waitlist or fantastical expression-of-interest list or whatever it's called these days. They want it, and they want it now. Otherwise their attention span roams off to something else. Sure, some may be able to afford  the secondary market prices, but the masses would not. And will eventually gravitate to something else. What will Rolex do then I wonder? Sponsor e-games? Pay influencers? Commission artificial meteor showers? Deploy geosynchronous satellite arrays over the skies of Africa (being the upcoming population/market growth center) to form Sky(maybe Space by then)Dweller constellations? I'd like to live long enough to see it.
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on October 02, 2021, 02:38:18 PM

Smartwatch is wearable health device designed to collect the data of users' personal health and exercise.

Mechanical watches are jewelry…

If merely to tell time, use hp better, comes with weather info too  ;D

All younger gen buying watches to put them ahead of someone else …very little buying for the love of horological…
Title: Re: Rolex Prices Tanking
Post by: IamJacky on October 03, 2021, 10:08:50 PM
https://www.youtube.com/watch?v=rLB27j4vZnU

A well made video that I personally agree with what's going on with Rolex/AP/PP
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on October 04, 2021, 04:12:27 PM
I noticed something interesting recently. While mucking about in a local shopping mall, I decided to just drop into a grey dealer to take a look. Upon asking about OPs, they said they don't carry them at all since the price has gone high enough that they have become prohibitive, no longer worth the trouble of procuring or stocking them. Seems now they focus only on professional models, as far as SS watches r concerned.

I find this and interesting revelation - a grey dealer finding rollies too expensive (albeit oyster perpetual la but still)
Title: Re: Rolex Prices Tanking
Post by: dpkong on October 04, 2021, 06:31:25 PM
I noticed something interesting recently. While mucking about in a local shopping mall, I decided to just drop into a grey dealer to take a look. Upon asking about OPs, they said they don't carry them at all since the price has gone high enough that they have become prohibitive, no longer worth the trouble of procuring or stocking them. Seems now they focus only on professional models, as far as SS watches r concerned.

I find this and interesting revelation - a grey dealer finding rollies too expensive (albeit oyster perpetual la but still)

It only means the middleman holding the stock is asking a price higher than what the grey dealer can realistically sell it for.. ie. bubble too big..

Whoever bought those OPs at 3x retail had better really love them..

Smooth steel bezels and funky colors?? I for one don't but the woman does..  :Scolding:

Title: Re: Rolex Prices Tanking
Post by: bulletnos on October 04, 2021, 07:28:55 PM
OP's are going at ridiculous prices...esp since the "Power Rangers" series haha (no offense to any who own one) - but I really think no one is really buying at those 2x-3x price tags...

Title: Re: Rolex Prices Tanking
Post by: dpkong on October 04, 2021, 08:42:19 PM
OP's are going at ridiculous prices...esp since the "Power Rangers" series haha (no offense to any who own one) - but I really think no one is really buying at those 2x-3x price tags...

It's those buyers who got the watches from AD and trying to offload to grey market that are asking the high prices..

Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on October 04, 2021, 10:34:00 PM
OP's are going at ridiculous prices...esp since the "Power Rangers" series haha (no offense to any who own one) - but I really think no one is really buying at those 2x-3x price tags...

No need for apologies, Power Rangers is very civil indeed. Me I'd just call them the Pokémon series  :Laughing_on_floor:

(https://i.ibb.co/c6zh1MB/m8111w0rvtk51.jpg) (https://ibb.co/R3LT9ZF)
Title: Re: Rolex Prices Tanking
Post by: bulletnos on October 05, 2021, 10:02:05 AM
OP's are going at ridiculous prices...esp since the "Power Rangers" series haha (no offense to any who own one) - but I really think no one is really buying at those 2x-3x price tags...

No need for apologies, Power Rangers is very civil indeed. Me I'd just call them the Pokémon series  :Laughing_on_floor:

(https://i.ibb.co/c6zh1MB/m8111w0rvtk51.jpg) (https://ibb.co/R3LT9ZF)

LOL

And because so many are now floating out there in the market, some dealers I noticed start to jack up certain models up to RM70k+ for certain colours just so that the other colours seem more "reasonable" in the RM45k+ range - leveraging on the unassuming-FOMO-stricken speculators! (which in fact, is still 2x the RSP)

And these are the entry models that Rolex will produce much more than the other Professional Models = equates to higher risk of bubble-bursting action.

 :HammerHead:
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on October 05, 2021, 12:10:31 PM
I noticed something interesting recently. While mucking about in a local shopping mall, I decided to just drop into a grey dealer to take a look. Upon asking about OPs, they said they don't carry them at all since the price has gone high enough that they have become prohibitive, no longer worth the trouble of procuring or stocking them. Seems now they focus only on professional models, as far as SS watches r concerned.

I find this and interesting revelation - a grey dealer finding rollies too expensive (albeit oyster perpetual la but still)

It only means the middleman holding the stock is asking a price higher than what the grey dealer can realistically sell it for.. ie. bubble too big..

Whoever bought those OPs at 3x retail had better really love them..

Smooth steel bezels and funky colors?? I for one don't but the woman does..  :Scolding:

There is no more middlemen (rare) years ago , now AD directly ‘backdoor’ the pieces to grey…

The biggest cut goes to the AD…while grey gets a slimmer slice…

They played the good cop and bad cop…
Title: Re: Rolex Prices Tanking
Post by: ExplorerII on October 12, 2021, 08:55:29 AM
everything needs to correct eventually including the Rolex prices, in order to go higher.  The correction will be welcome as it will allow more folks to finally own a Rolex, which will in turn spur demand and push things higher.  i dream of the day where i can walk into an AD again and find the whole Sports line there for the choosing (this is how i bought my Sub).  :Cheers:
Title: Re: Rolex Prices Tanking
Post by: mister_lau on December 24, 2021, 05:42:11 AM
Found this on a Rolex group

https://ibb.co/k23zMWy

Sent from my ELE-L29 using Tapatalk
(https://uploads.tapatalk-cdn.com/20211224/454613036c6983b9736da0dc4948a997.jpg)
Title: Re: Rolex Prices Tanking
Post by: Squirty on March 14, 2022, 11:50:34 AM
3 years passed from the original post and it looks like we are going through another correction.

Its funny to see how 3 years ago we were balking at the price of the SS Hulk going for 60k+ . Now the asking price for that piece is at least a 100k. how times have changed.

5-10 years back someone wearing a 100k watch was a sight to behold. In todays world, a 100k watch is just a colored sub  :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: VMok on March 17, 2022, 12:49:13 PM
The price now just means that this topic is a wrong one
Title: Re: Rolex Prices Tanking
Post by: Cocas on March 23, 2022, 09:09:11 AM
when mainland Chinese starts slowing in buying Rolex. The Rolex price-drop is inevitable.

Hong Kong is a key Rolex market and the sales are seriously affected by the prolonged riots.

We should be able to see a lot more pre-owned pieces price come down sharply by Q1 2020.

My prediction is totally wrong  :o
Title: Re: Rolex Prices Tanking
Post by: bulletnos on March 23, 2022, 12:13:42 PM
when mainland Chinese starts slowing in buying Rolex. The Rolex price-drop is inevitable.

Hong Kong is a key Rolex market and the sales are seriously affected by the prolonged riots.

We should be able to see a lot more pre-owned pieces price come down sharply by Q1 2020.

My prediction is totally wrong  :o

Dont be too hard on yourself. Pandemic was a giant curve ball.  :-\
Title: Re: Rolex Prices Tanking
Post by: dpkong on March 23, 2022, 06:36:56 PM
when mainland Chinese starts slowing in buying Rolex. The Rolex price-drop is inevitable.

Hong Kong is a key Rolex market and the sales are seriously affected by the prolonged riots.

We should be able to see a lot more pre-owned pieces price come down sharply by Q1 2020.

My prediction is totally wrong  :o

Dont be too hard on yourself. Pandemic was a giant curve ball.  :-\


and then we realise the people who sank were those floating on a mountain of credit...

and the rich basically were not affected..
Title: Re: Rolex Prices Tanking
Post by: bulletnos on March 24, 2022, 09:14:21 AM
when mainland Chinese starts slowing in buying Rolex. The Rolex price-drop is inevitable.

Hong Kong is a key Rolex market and the sales are seriously affected by the prolonged riots.

We should be able to see a lot more pre-owned pieces price come down sharply by Q1 2020.

My prediction is totally wrong  :o

Dont be too hard on yourself. Pandemic was a giant curve ball.  :-\


and then we realise the people who sank were those floating on a mountain of credit...

and the rich basically were not affected..

Those with continued income through the pandemic will have been able to save more, hence more spending power for luxury items. That's probably a major reason for this craze for Rolexes, AP, Patek...even handbags.  :Confused:
Title: Re: Rolex Prices Tanking
Post by: vans1088 on March 24, 2022, 09:53:09 PM
Just noticed the Exp2 retailing at almost 20k more than RRP. Once upon a time it was the least desired of the bunch
Title: Re: Rolex Prices Tanking
Post by: ray6969 on March 25, 2022, 07:49:22 AM
Just noticed the Exp2 retailing at almost 20k more than RRP. Once upon a time it was the least desired of the bunch

In watch community world, in my opinion Rolex market won't down because there's simply not enough "WATCHMAKERS" to produce those watches. Rolex can only produce approximately 1 million watches a year, the demand simply supersedes the actual supply. They says just make more watches but it is not that easy. People seem to not realise that "WATCHMAKING" is a dying breed, meaning that there's a lot of "WATCHMAKER" very old and someone of them are retiring. There's a small pool of new "WATCHMAKER" coming in, but how much of these new "WATCHMAKERS" are qualified or good enough to actually go into the luxury watch industry? To give you an idea all these luxury brands are all fishing in the same pool of "WATCHMAKERS".
Title: Re: Rolex Prices Tanking
Post by: bulletnos on March 25, 2022, 08:47:28 AM
Just noticed the Exp2 retailing at almost 20k more than RRP. Once upon a time it was the least desired of the bunch

In watch community world, in my opinion Rolex market won't down because there's simply not enough "WATCHMAKERS" to produce those watches. Rolex can only produce approximately 1 million watches a year, the demand simply supersedes the actual supply. They says just make more watches but it is not that easy. People seem to not realise that "WATCHMAKING" is a dying breed, meaning that there's a lot of "WATCHMAKER" very old and someone of them are retiring. There's a small pool of new "WATCHMAKER" coming in, but how much of these new "WATCHMAKERS" are qualified or good enough to actually go into the luxury watch industry? To give you an idea all these luxury brands are all fishing in the same pool of "WATCHMAKERS".

I agree that it is not that easy to increase production just like that. Also, the economic perception may work against them.

In fact, Rolex already produced an all time high of 1,050,000 in 2021 - and they enjoy a 29% market share of the swiss watch market. Omega who was previously no2 slipped to no3 - they produce around 600k watches annually only (barring the upcoming MOONSWATCH  ;D)

So yea, it aint easy to just flick a switch to increase production. And Rolex is basking in the hype.
Title: Re: Rolex Prices Tanking
Post by: W3ll on March 29, 2022, 02:29:36 PM
So I heard from a friend who try to sell his watch to the grey and they refuse to accept or buy any watches at the moment, the grey are holding a lot of stocks?
Title: Re: Rolex Prices Tanking
Post by: ray6969 on March 29, 2022, 03:51:57 PM
So I heard from a friend who try to sell his watch to the grey and they refuse to accept or buy any watches at the moment, the grey are holding a lot of stocks?

Your "friends" is a kaki scalper or Professional flipper? or upgrade your current timepieces to others?

regarding about your question, maybe "grey market" can reply.  ;) :) ;D
Title: Re: Rolex Prices Tanking
Post by: bulletnos on March 29, 2022, 09:05:37 PM
So I heard from a friend who try to sell his watch to the grey and they refuse to accept or buy any watches at the moment, the grey are holding a lot of stocks?

This is true IMO too, but mostly from “smaller” dealers - especially those who have recently mushroom-ed during the pandemic. Those that are more established will still take in, but perhaps at conservative prices. I know because I asked a few dealers for a friend’s R-brand. I didnt bother asking for any of mine since none for sale.

Many speculators are waiting for new releases from W&W - so when not many end-users actually buy from the grey dealers, stock is somewhat stagnant/ doesnt move as fast. Hence the slight dip in secondary market prices. But once the new releases are out - FOMO strikes. Then it’s anybody’s guess.
Title: Re: Rolex Prices Tanking
Post by: hmkpwatches on March 29, 2022, 10:49:19 PM
Alot of dealers stuck with overinflated stock from the cny boom. Until expo is over and we have more clarity it's all up in the air which will boom and which won't which prob leads to abit of uncertainty in what dealers buy and sell now
Title: Re: Rolex Prices Tanking
Post by: justinbaka on March 31, 2022, 08:15:24 PM
I believe many were trading by speculating which models are going to be discontinued/revamped/refreshed etc. So prices would probably stabilised soon..
Title: Re: Rolex Prices Tanking
Post by: W3ll on April 01, 2022, 05:35:54 AM
Alot of dealers stuck with overinflated stock from the cny boom. Until expo is over and we have more clarity it's all up in the air which will boom and which won't which prob leads to abit of uncertainty in what dealers buy and sell now

You are right. Grey are openly sharing in their live that they are making loss in most of the pieces.
Title: Re: Rolex Prices Tanking
Post by: swleong on April 01, 2022, 10:57:14 AM
Alot of dealers stuck with overinflated stock from the cny boom. Until expo is over and we have more clarity it's all up in the air which will boom and which won't which prob leads to abit of uncertainty in what dealers buy and sell now

You are right. Grey are openly sharing in their live that they are making loss in most of the pieces.

Grey dealers said they are making loss in most of their pieces? Gonna screen shot their live videos and paste in "What A Joke!" section.  :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 09, 2022, 09:24:26 AM

so there have been market corrections lately... not the crash everyone is hoping for but will it continue to go down from here on or do you think it will rise again?

countries are opening up, people are beginning to travel and finding other things to spend money on... so less buyers at grey dealers could bring the premiums down?

and lately from forums it looks like ROLEX is delivering more watches, and more buyers will be getting their watches at AD and flippers might be finding it less easier to pass it on to grey dealers for the premiums they thought they could get?

all fingers crossed to get more calls from AD...

Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on May 09, 2022, 10:45:33 AM
The way things are going its likely more of a correction than a crash kan? China's under lockdown due to its 0 tolerance policy, hence stocka suddenly seem to be plentiful as they are being diverted elsewhere. But there are other economic factors looming in the distance that are making for an interesting observation. We know inflation is on the rise, fuel and commodity prices r going up because of the war, along with supply n logistic bottlenecks of raw or unfinished materials.

 Once things settle down and China opens back up again, there would be a flood of back orders being released into the market, pent up from the ongoing lockdown. Its going to be interesting to watch the way the wind blows as all these things happen, how ateady the current hands are at holding the course or whether they kan cheong n drop their stocks. Then again, if the smaller fish drop their stocks, bigger fish with more holding power would pick it up instead. Makes for interesting punting kan? :laugh:
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on May 09, 2022, 10:52:47 AM
Rolex here follows closely to HK and PRC market…

Once Shanghai is open-up, there’ll crazy revenge spendings and the race is on again
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 09, 2022, 11:01:22 AM
Lockdowns these days are not like the lockdown of 2 years ago.. I believe essential services and logistics continue..

As for stock being diverted, it is doubtful as ADs at locations do not need in-store sales to survive. Payments can be made online and watches kept in a safe for later collection. The only people diverting stock are flippers and grey market "stockists".

I believe the unpredictable future market is the main worry for the watch "investors" who are the majority of buyers on the grey markets who may decide it is ultimately more prudent to invest in gold instead.

And as with any investment market, anytime someone drops an item, there is always someone who will pick it up, so long as the value has not crashed. The question is who wants to be the one holding the ball when the music stops.

It's nice to see the value of the personal collection go up but ultimately there are pieces I would still like to acquire and I'm hoping to see more become available at the AD...

Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on May 09, 2022, 12:07:58 PM
It's nice to see the value of the personal collection go up but ultimately there are pieces I would still like to acquire and I'm hoping to see more become available at the AD...

Kan? Kasi chance la sikit, true or not? Ni asyik2 display only, lama2 jadi tunjuk perasaan pulak  :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: ray6969 on May 09, 2022, 12:22:20 PM
Lockdowns these days are not like the lockdown of 2 years ago.. I believe essential services and logistics continue..

As for stock being diverted, it is doubtful as ADs at locations do not need in-store sales to survive. Payments can be made online and watches kept in a safe for later collection. The only people diverting stock are flippers and grey market "stockists".

I believe the unpredictable future market is the main worry for the watch "investors" who are the majority of buyers on the grey markets who may decide it is ultimately more prudent to invest in gold instead.

And as with any investment market, anytime someone drops an item, there is always someone who will pick it up, so long as the value has not crashed. The question is who wants to be the one holding the ball when the music stops.

It's nice to see the value of the personal collection go up but ultimately there are pieces I would still like to acquire and I'm hoping to see more become available at the AD...
I agree with you brother, I hope all enthusiast watch can get at retail price especially at AD. .

I don't think on luxury watch industry is crashing, it's just a correction. I don't believe that Rolex and 3 holy grail especially PP/AP/VC will below price of retail (MRSP) for "grey market". Un less any recession or doom in the world. It just back to square when everything was normal. Myb 20% till 60% of retail price depends on model. If more that double or triple of retail price that is inflation and really not make sense at all. Demand and supply will take over, Inflation hits then add with current situation.

Sent from my CPH1715 using Tapatalk

Title: Re: Rolex Prices Tanking
Post by: W3ll on May 10, 2022, 05:46:15 AM
It's nice to see the value of the personal collection go up but ultimately there are pieces I would still like to acquire and I'm hoping to see more become available at the AD...

Kan? Kasi chance la sikit, true or not? Ni asyik2 display only, lama2 jadi tunjuk perasaan pulak  :Laughing_on_floor:

Chances are coming soon. AD will have more stocks incoming and the grey and all the so call investors are trying to liquidate their pieces
Title: Re: Rolex Prices Tanking
Post by: Gentlemen101 on May 10, 2022, 09:12:53 AM
Unless one hs got long history with the AD…prior to that..

The days r already long gone for anyone walk into AD to acquire a piece

We all know Rolex , marketing maestro will ensure the demands are never met forever….for desirabilities..
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 10, 2022, 09:26:13 AM
when buyers realise that it's not going to be so easy to flip a piece for profit immediately, they won't be so eager to buy anymore

and then the ones who really want it will get it.
Title: Re: Rolex Prices Tanking
Post by: swleong on May 10, 2022, 02:19:45 PM
Some models prices indeed soften a bit, but some went outright crazy.

Saw a Tiffany Blue OP 41 selling for more than RM200k??!!!!

May God save us from this madness... :Praying:
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on May 10, 2022, 05:29:44 PM
Some models prices indeed soften a bit, but some went outright crazy.

Saw a Tiffany Blue OP 41 selling for more than RM200k??!!!!

May God save us from this madness... :Praying:

wait, what? wah, epic weiii!  :o who's paying 10x for this thing?!
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 10, 2022, 06:34:19 PM
because it's discontinued so the hype is different..

whether anyone pays that price is another story though but I guess if money came easily then so shall spending it...

Title: Re: Rolex Prices Tanking
Post by: ray6969 on May 11, 2022, 09:19:03 AM
If i'm not mistaken at Christie's auction right? GBP 55,000.00 or USD 69,000.00 for this Tiffany Blue thing without any complication movement, just discontinued and colouring thing  :).

I thinks probably one of big guns bought it, maybe "grey market" like a Watch Box or Watch Finder to help the hype and inflate the market and common practice to manipulate the market through auction houses?

Title: Re: Rolex Prices Tanking
Post by: swleong on May 11, 2022, 10:51:03 AM
If i'm not mistaken at Christie's auction right? GBP 55,000.00 or USD 69,000.00 for this Tiffany Blue thing without any complication movement, just discontinued and colouring thing  :).

I thinks probably one of big guns bought it, maybe "grey market" like a Watch Box or Watch Finder to help the hype and inflate the market and common practice to manipulate the market through auction houses?

Really? I didn't know about the Christie's action thing actually.

But the more than RM200k Tiffany blue OP 41 can be found right here at home, Subang Jaya  ;D
Title: Re: Rolex Prices Tanking
Post by: ray6969 on May 11, 2022, 11:16:32 AM
If i'm not mistaken at Christie's auction right? GBP 55,000.00 or USD 69,000.00 for this Tiffany Blue thing without any complication movement, just discontinued and colouring thing  :).

I thinks probably one of big guns bought it, maybe "grey market" like a Watch Box or Watch Finder to help the hype and inflate the market and common practice to manipulate the market through auction houses?

Really? I didn't know about the Christie's action thing actually.

But the more than RM200k Tiffany blue OP 41 can be found right here at home, Subang Jaya  ;D

Inflate the market, hyping all over the world and trying to manipulate the market. I know which one as your mention at Subang Jaya  ;D, I'm supporter of capitalism, but i hope economic theory demand and supply will solve this problem. Will be
 a correction and when thing make sense.  :D   

https://www.christies.com/en/auction/rare-watches-featuring-the-kairos-collection-part-i-29567/

Title: Re: Rolex Prices Tanking
Post by: dpkong on May 11, 2022, 12:19:42 PM

Inflate the market, hyping all over the world and trying to manipulate the market. I know which one as your mention at Subang Jaya  ;D, I'm supporter of capitalism, but i hope economic theory demand and supply will solve this problem. Will be
 a correction and when thing make sense.  :D   

https://www.christies.com/en/auction/rare-watches-featuring-the-kairos-collection-part-i-29567/

It will correct but discontinued pieces will not drop to last retail price..

If you're willing to pay 9x the original retail price then you either really love it or money came way too easily...
Title: Re: Rolex Prices Tanking
Post by: IamJacky on May 11, 2022, 12:31:20 PM
The "Tiffany" OP that goes for RM200k is IMO truly unsustainable. I can understand the 116500 Daytona and 126710BLRO/BLNR GMT Master II holding their values at relatively stable secondary prices due to their iconic design and history; the "Tiffany" OP on the other hand, although discontinued, does not truly hold any intrinsic value other than it being a Tiffany-like turquoise dialed simple Oyster Perpetual.

As for the market correction, I'm glad to see it finally happening. No disrespect to the ones that want to "invest" in Rolex watches, but it's about time that these people take a hit and start off loading their watches (most likely applied with protective films/stickers too) so the ones that really want to wear the watches can finally get them at reasonable prices.
Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on May 11, 2022, 12:55:13 PM
Well, one good thing at least, its not gonna drop like Terra Luna did last night. I hope :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: dpkong on May 11, 2022, 01:06:33 PM
Well, one good thing at least, its not gonna drop like Terra Luna did last night. I hope :Laughing_on_floor:

the only thing crypto is good for is moving money across borders without tax and payments for arms deal and drugs and anything else you don't want people to know about...

2 years of lockdowns means people with money to spend have nowhere to go and places to spend so they throw it at things like crypto, gold and watches..

now with COVID permanently changing the world economic landscape and Russia/China military/economic actions becoming unknown, people are getting worried..

when shakers and movers worry, the market tumbles and Joe Wannabe Investor sweats bricks... better offload those solid gold Daytonas and Yachtmasters you paid 3x retail for before you lose your pants...

watches were made for people to buy, wear and enjoy and I hope soon we can start doing that again...
Title: Re: Rolex Prices Tanking
Post by: ray6969 on May 11, 2022, 01:39:14 PM
Well, one good thing at least, its not gonna drop like Terra Luna did last night. I hope :Laughing_on_floor:

the only thing crypto is good for is moving money across borders without tax and payments for arms deal and drugs and anything else you don't want people to know about...

2 years of lockdowns means people with money to spend have nowhere to go and places to spend so they throw it at things like crypto, gold and watches..

now with COVID permanently changing the world economic landscape and Russia/China military/economic actions becoming unknown, people are getting worried..

when shakers and movers worry, the market tumbles and Joe Wannabe Investor sweats bricks... better offload those solid gold Daytonas and Yachtmasters you paid 3x retail for before you lose your pants...

watches were made for people to buy, wear and enjoy and I hope soon we can start doing that again...

Monetary Policy Statement
Embargo : Not for publication or broadcast before 1500 on Wednesday, 11 May 2022
11 May 2022
At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 2.00 percent. The ceiling and floor rates of the corridor of the OPR are correspondingly increased to 2.25 percent and 1.75 percent, respectively.

The sustained reopening of the global economy and the improvement in labour market conditions continue to support the recovery of economic activity. These have partly cushioned the impact of the military conflict in Ukraine and the strict containment measures in China. Inflationary pressures have increased sharply due to a rise in commodity prices, strained supply chains and strong demand conditions, particularly in the US. Consequently, several central banks are expected to adjust their monetary policy settings at a faster pace to reduce inflationary pressures. The global growth outlook will continue to be affected by the developments surrounding the conflict in Ukraine, COVID-19, global supply chain conditions, commodity price shocks, and financial market volatility.

For the Malaysian economy, latest indicators show that growth is on a firmer footing, driven by strengthening domestic demand amid sustained export growth. The labour market is further lifted by a lower unemployment rate, higher labour participation and better income prospects. The transition to endemicity on 1 April 2022 would strengthen economic activity, in line with further easing of restrictions and the reopening of international borders. Investment activity and prospects have also improved, underpinned by the realisation of multi-year projects and positive growth outlook. However, risks to growth remain, which include a weaker-than-expected global growth, further escalation of geopolitical conflicts, worsening supply chain disruptions, and adverse developments surrounding COVID-19.

Headline inflation is projected to average between 2.2% - 3.2% in 2022. Given the improvement in economic activity amid lingering cost pressures, underlying inflation, as measured by core inflation, is expected to trend higher to average between 2.0% - 3.0% in 2022. Nevertheless, upward pressure on prices would be partly contained by existing price controls and the continued spare capacity in the economy. The inflation outlook continues to be subject to global commodity price developments, arising mainly from the ongoing military conflict in Ukraine and prolonged supply-related disruptions, as well as domestic policy measures on administered prices.

Over the course of the COVID-19 crisis, the OPR was reduced by a cumulative 125 basis points to a historic low of 1.75% to provide support to the economy. The unprecedented conditions that necessitated such actions have since abated. With the domestic growth on a firmer footing, the MPC decided to begin reducing the degree of monetary accommodation. This will be done in a measured and gradual manner, ensuring that monetary policy remains accommodative to support a sustainable economic growth in an environment of price stability.

Bank Negara Malaysia
11 May 2022

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Title: Re: Rolex Prices Tanking
Post by: pleasuresaurus on May 11, 2022, 01:51:27 PM
eh, u dapat ni b4 or after embargo?  ;D
Title: Re: Rolex Prices Tanking
Post by: ray6969 on May 11, 2022, 02:25:11 PM
eh, u dapat ni b4 or after embargo?  ;D

 :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: jf98 on May 13, 2022, 06:08:53 PM
If i'm not mistaken at Christie's auction right? GBP 55,000.00 or USD 69,000.00 for this Tiffany Blue thing without any complication movement, just discontinued and colouring thing  :).

I thinks probably one of big guns bought it, maybe "grey market" like a Watch Box or Watch Finder to help the hype and inflate the market and common practice to manipulate the market through auction houses?

Really? I didn't know about the Christie's action thing actually.

But the more than RM200k Tiffany blue OP 41 can be found right here at home, Subang Jaya  ;D

from Wing Wah right?  ;D
Title: Re: Rolex Prices Tanking
Post by: DonFlamingo on June 04, 2022, 06:05:05 PM
200k for a tiffany blue OP?  :o

I mean i love Rollies, but IMHO their not the only cool kid in town (especially with THAT kinda price).
Title: Re: Rolex Prices Tanking
Post by: DaytonaS on August 18, 2022, 06:40:35 PM
Now the Rolex prices are really tumbling down. Brand new Panda was as high as RM250k but now it’s about 150-160k. The same applies to Hulk, Pepsi, etc. will it go lower?
Title: Re: Rolex Prices Tanking
Post by: dpkong on August 19, 2022, 10:47:47 PM
Now the Rolex prices are really tumbling down. Brand new Panda was as high as RM250k but now it’s about 150-160k. The same applies to Hulk, Pepsi, etc. will it go lower?

unlikely will ever go to below retail but still can dream and wish for it...

those who bought at the peak time better really enjoy wearing them because I don't think prices will ever reach that level again anytime soon... except of course if the MYR exchange rate goes completely south..
Title: Re: Rolex Prices Tanking
Post by: Poppyplants on September 03, 2022, 11:31:43 PM
Seeing the number of people trying to sell on Mudah with continuous slashed prices puts a wide smile on my face because it means all their stocks are no longer moving. it is inevitable, not a crash yet, but it is going back to pre-insane levels.
Title: Re: Rolex Prices Tanking
Post by: jf98 on September 03, 2022, 11:42:37 PM
Seeing the number of people trying to sell on Mudah with continuous slashed prices puts a wide smile on my face because it means all their stocks are no longer moving. it is inevitable, not a crash yet, but it is going back to pre-insane levels.

I concur! Although I don't think I would feel the same if I had bought 6 months ago....  :Laughing_on_floor:
Title: Re: Rolex Prices Tanking
Post by: justinbaka on September 09, 2022, 07:22:18 PM
I always wonder who on earth buys a grey market Daytona at RM250k... Even at "crashed level" RM160k seems pretty insane. However, I don't think the price will ever go below retail for most if not all Rolexes.
Title: Re: Rolex Prices Tanking
Post by: dpkong on September 09, 2022, 08:28:50 PM
I always wonder who on earth buys a grey market Daytona at RM250k... Even at "crashed level" RM160k seems pretty insane. However, I don't think the price will ever go below retail for most if not all Rolexes.


illegal crypto mining, scammers, stock traders and anyone with surplus cash from dubious business activities...

when it comes easily, it is easily spent..

I remember the days it was RM5k premium for a 116520 and I scoffed at it because I could buy a used, mint 116523 at 35% off retail price...
Title: Re: Rolex Prices Tanking
Post by: jf98 on September 09, 2022, 10:49:55 PM
I always wonder who on earth buys a grey market Daytona at RM250k... Even at "crashed level" RM160k seems pretty insane. However, I don't think the price will ever go below retail for most if not all Rolexes.


illegal crypto mining, scammers, stock traders and anyone with surplus cash from dubious business activities...

when it comes easily, it is easily spent..

I remember the days it was RM5k premium for a 116520 and I scoffed at it because I could buy a used, mint 116523 at 35% off retail price...

Hope you at least bought the 116523...  ;D
Title: Re: Rolex Prices Tanking
Post by: gunsnroses on September 10, 2022, 10:10:36 AM
I haven't gone watch shopping for awhile, so decided to pop into Times Square. To my amazement, there are so many new stores there, guess what brand is mostly on their display- Rolex! All brand new pieces, Starbucks, Hulk, Kermit, Pepsi, Coke, Batman, whatever your heart fancies and they have it all. However, you pay through your nose for it.

It is amazing how many new stores have popped up over the last 3 years. I remember going to Times Square back in the day and you could find a sortie of different brands on display and the sifu would be able to tell you in detail about each watch that was there. How this is so different now. I walked into a store, a pretty young thing with low cut eye candy greets me and when I asked her if she had a Reverso for sale, she didn't know what it was.

I can only conclude that these shops are just there capitalising on their "relationships" with AD and whatever backdoor arrangement they have right now to get their pieces out and sell at 2-3x retail value. The worst part are the people buying them. I see pieces move so fast, I observed a couple walk in, inquired about a Batman and 2 hours later, I came back and the Batman was sold. These guys must be making a hell of a profit. Easily can turn maybe half a mil a day if you sold 10 watches.

I truly hope that this hobby returns to what it was before, a hobby. Not some investment scam that only benefits people with "relationships". Sadly, this is also the case with the country and now it has seeped into our beloved watch collecting hobby.

To close, I really urge everyone, please do not support these gray dealers. There are better watches out there. Buy for your own enjoyment, not "resale" value or "investment" purposes.
Title: Re: Rolex Prices Tanking
Post by: dpkong on September 11, 2022, 07:47:53 PM

I haven't gone watch shopping for awhile, so decided to pop into Times Square. To my amazement, there are so many new stores there, guess what brand is mostly on their display- Rolex! All brand new pieces, Starbucks, Hulk, Kermit, Pepsi, Coke, Batman, whatever your heart fancies and they have it all. However, you pay through your nose for it.

It is amazing how many new stores have popped up over the last 3 years. I remember going to Times Square back in the day and you could find a sortie of different brands on display and the sifu would be able to tell you in detail about each watch that was there. How this is so different now. I walked into a store, a pretty young thing with low cut eye candy greets me and when I asked her if she had a Reverso for sale, she didn't know what it was.

....

To close, I really urge everyone, please do not support these gray dealers. There are better watches out there. Buy for your own enjoyment, not "resale" value or "investment" purposes.


Amazing that they even give you the time of day.. I walked past a few shops there before and the people in there looked even more exclusive than the Rolex Boutique... as is from where I am, the stores are also equally as snobbish...

And these SYTs also have regular FB live sales flashing their wares.. watches and their wobbly bits as well..

It is hard to convince people not to pay premium prices for certain models.. these sellers and their cohorts always push the investment angle and how much prices have risen etc etc.. and many buyers just swallow up the hype.. especially since they find Rolex ADs so unfriendly.

Title: Re: Rolex Prices Tanking
Post by: dpkong on September 11, 2022, 07:54:20 PM
I always wonder who on earth buys a grey market Daytona at RM250k... Even at "crashed level" RM160k seems pretty insane. However, I don't think the price will ever go below retail for most if not all Rolexes.


illegal crypto mining, scammers, stock traders and anyone with surplus cash from dubious business activities...

when it comes easily, it is easily spent..

I remember the days it was RM5k premium for a 116520 and I scoffed at it because I could buy a used, mint 116523 at 35% off retail price...

Hope you at least bought the 116523...  ;D

cheaper than a 116520 at that time...

Title: Re: Rolex Prices Tanking
Post by: justinbaka on September 13, 2022, 01:36:10 PM
What a steal!
Title: Re: Rolex Prices Tanking
Post by: cypher_yan on September 14, 2022, 12:31:13 AM
I haven't gone watch shopping for awhile, so decided to pop into Times Square. To my amazement, there are so many new stores there, guess what brand is mostly on their display- Rolex! All brand new pieces, Starbucks, Hulk, Kermit, Pepsi, Coke, Batman, whatever your heart fancies and they have it all. However, you pay through your nose for it.

It is amazing how many new stores have popped up over the last 3 years. I remember going to Times Square back in the day and you could find a sortie of different brands on display and the sifu would be able to tell you in detail about each watch that was there. How this is so different now. I walked into a store, a pretty young thing with low cut eye candy greets me and when I asked her if she had a Reverso for sale, she didn't know what it was.

I can only conclude that these shops are just there capitalising on their "relationships" with AD and whatever backdoor arrangement they have right now to get their pieces out and sell at 2-3x retail value. The worst part are the people buying them. I see pieces move so fast, I observed a couple walk in, inquired about a Batman and 2 hours later, I came back and the Batman was sold. These guys must be making a hell of a profit. Easily can turn maybe half a mil a day if you sold 10 watches.

I truly hope that this hobby returns to what it was before, a hobby. Not some investment scam that only benefits people with "relationships". Sadly, this is also the case with the country and now it has seeped into our beloved watch collecting hobby.

To close, I really urge everyone, please do not support these gray dealers. There are better watches out there. Buy for your own enjoyment, not "resale" value or "investment" purposes.
unfortunately that's the reality happening I  most of the ADs nowadays. I hate it whenever ppl told me about buying a rolex as investment assets. We watch lovers shouldn't be the victims of these new group of hype buyers.