« previous next »
Pages: 1 ... 6 7 [8] 9 10 ... 16   Go Down

Author Topic: Rolex Prices Tanking  (Read 62313 times)

Offline RyanLiang

  • Freshie
  • *
  • Posts: 44
Re: Rolex Prices Tanking
« Reply #175 on: March 28, 2021, 10:58:52 AM »
Quote from: mister_lau on March 28, 2021, 08:39:41 AM
Quote from: RyanLiang on March 28, 2021, 08:24:58 AM
Quote from: 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.

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 :

Sent from my SM-A715F using Tapatalk
Good for you! Is that a 41mm no date sub?

Sent from my EML-L29 using Tapatalk
Nope. Is 116610LN 40mm sub with date.

Sent from my SM-A715F using Tapatalk

Logged

Offline Alvenlee

  • Freshie
  • *
  • Posts: 28
Re: Rolex Prices Tanking
« Reply #176 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:
Logged

Offline Gentlemen101

  • Full Member
  • ***
  • Posts: 108
Re: Rolex Prices Tanking
« Reply #177 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..
Logged

Offline Sky 007

  • Hero Member
  • *****
  • Posts: 970
  • 007
Re: Rolex Prices Tanking
« Reply #178 on: March 28, 2021, 05:10:41 PM »
Quote from: 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..
Absolutely agree with You Bro !


Sent from my SM-N975F using Tapatalk

Logged

Offline RyanLiang

  • Freshie
  • *
  • Posts: 44
Re: Rolex Prices Tanking
« Reply #179 on: March 28, 2021, 07:58:37 PM »
Before Explorer 2 discontinue.
I got 2.

Sent from my SM-A715F using Tapatalk

Logged

Offline Sky 007

  • Hero Member
  • *****
  • Posts: 970
  • 007
Re: Rolex Prices Tanking
« Reply #180 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.

Sent from my SM-N975F using Tapatalk

Logged

Offline Gentlemen101

  • Full Member
  • ***
  • Posts: 108
Re: Rolex Prices Tanking
« Reply #181 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:
Logged

Offline IamJacky

  • Jr. Member
  • **
  • Posts: 58
Re: Rolex Prices Tanking
« Reply #182 on: March 29, 2021, 02:44:45 PM »
Quote from: 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:

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...
Logged

Offline mister_lau

  • Freshie
  • *
  • Posts: 36
Re: Rolex Prices Tanking
« Reply #183 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.

Sent from my EML-L29 using Tapatalk

Logged

Offline swleong

  • Hero Member
  • *****
  • Posts: 594
Re: Rolex Prices Tanking
« Reply #184 on: March 30, 2021, 07:31:38 AM »
Quote from: 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:

who can imagine the price of a new Daytona Panda can buy 2 pre-owned AP ROO. :Startled:
Logged

Offline Sky 007

  • Hero Member
  • *****
  • Posts: 970
  • 007
Re: Rolex Prices Tanking
« Reply #185 on: March 30, 2021, 07:57:18 AM »
Got seller just sold BNIB Daytona Panda at RM165K, buyer still buying !

Sent from my SM-N975F using Tapatalk

Logged

Offline G.MAC

  • Hero Member
  • *****
  • Posts: 1890
Re: Rolex Prices Tanking
« Reply #186 on: March 30, 2021, 08:25:39 AM »
Quote from: IamJacky on March 29, 2021, 02:44:45 PM
Quote from: 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:

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".

Quote from: 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.

Sent from my EML-L29 using Tapatalk



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.
Logged
Your ONLY job in this world is to make sure that you are happy

Offline Gentlemen101

  • Full Member
  • ***
  • Posts: 108
Re: Rolex Prices Tanking
« Reply #187 on: March 30, 2021, 08:35:49 AM »
Quote from: sky7704 on March 30, 2021, 07:57:18 AM
Got seller just sold BNIB Daytona Panda at RM165K, buyer still buying !

Sent from my SM-N975F using Tapatalk
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..
Logged

Offline pleasuresaurus

  • Hero Member
  • *****
  • Posts: 558
Re: Rolex Prices Tanking
« Reply #188 on: March 30, 2021, 08:39:47 AM »
Man........ that's ridiculous..... :o
Logged

Offline bulletnos

  • Hero Member
  • *****
  • Posts: 507
Re: Rolex Prices Tanking
« Reply #189 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...
Logged

Offline Cocas

  • Hero Member
  • *****
  • Posts: 2922
Re: Rolex Prices Tanking
« Reply #190 on: March 30, 2021, 03:29:10 PM »
Yup, very likely that Vietnam AD will have the stock.
Logged

Offline WestFly

  • Freshie
  • *
  • Posts: 36
Re: Rolex Prices Tanking
« Reply #191 on: April 09, 2021, 06:21:01 PM »
Quote from: 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:

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
Logged

Offline WestFly

  • Freshie
  • *
  • Posts: 36
Re: Rolex Prices Tanking
« Reply #192 on: April 09, 2021, 06:25:11 PM »
Quote from: sky7704 on March 30, 2021, 07:57:18 AM
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
Logged

Offline WestFly

  • Freshie
  • *
  • Posts: 36
Re: Rolex Prices Tanking
« Reply #193 on: April 09, 2021, 06:59:21 PM »
Quote from: 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.

Talking about multi millions of demands from whole world. The supply is too low at 2000 watches a day
Logged

Offline Gentlemen101

  • Full Member
  • ***
  • Posts: 108
Re: Rolex Prices Tanking
« Reply #194 on: April 09, 2021, 07:33:20 PM »
Go grey if you want a Rolex. Don’t hope on AD anymore...
Logged

Offline WestFly

  • Freshie
  • *
  • Posts: 36
Re: Rolex Prices Tanking
« Reply #195 on: April 09, 2021, 08:11:45 PM »
Quote from: Gentlemen101 on April 09, 2021, 07:33:20 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
Logged

Offline Gentlemen101

  • Full Member
  • ***
  • Posts: 108
Re: Rolex Prices Tanking
« Reply #196 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..
Logged

Offline revvd

  • Freshie
  • *
  • Posts: 34
Re: Rolex Prices Tanking
« Reply #197 on: April 10, 2021, 10:05:32 AM »
Quote from: WestFly on April 09, 2021, 08:11:45 PM
Quote from: Gentlemen101 on April 09, 2021, 07:33:20 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
Logged

Offline Gentlemen101

  • Full Member
  • ***
  • Posts: 108
Re: Rolex Prices Tanking
« Reply #198 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
Logged

Offline WestFly

  • Freshie
  • *
  • Posts: 36
Re: Rolex Prices Tanking
« Reply #199 on: April 10, 2021, 10:59:23 AM »
New pepsi oyster should be selling 100k above, in grey market. Prepare to burn your wallet
Logged
Pages: 1 ... 6 7 [8] 9 10 ... 16   Go Up
« previous next »