Post by: denditi8 on August 14, 2018, 12:41:33 PM
Post by: r3kahsttub on August 14, 2018, 01:30:20 PM
Post by: swleong on August 14, 2018, 02:10:19 PM
Post by: denditi8 on August 14, 2018, 02:15:59 PM
Post by: ethan89 on August 15, 2018, 09:46:01 AM
what price now? if get 1 brand new from grey market...rm50k++?Yup, around 47k-50k
Post by: pexus on August 16, 2018, 08:15:30 PM
Post by: denditi8 on August 16, 2018, 08:25:27 PM
Post by: adamjohari on August 17, 2018, 09:22:53 AM
Post by: dommie85 on August 21, 2018, 06:58:05 AM
Post by: flatcap200 on August 21, 2018, 12:13:32 PM
Post by: Timeless on August 30, 2018, 06:43:32 AM
Post by: ggprime on August 31, 2018, 12:52:57 PM
what price now? if get 1 brand new from grey market...rm50k++?
50k should be able to get...
grey market start to go 53-55k...
not sure hows SST will impact
Post by: forniter on September 03, 2018, 02:51:45 PM
Post by: flatcap200 on September 05, 2018, 03:08:51 PM
its been around for so long, doubt it'll be discontinued
And before you know it, Rolex may just pull a schocker... :D
Post by: Porsche168 on September 12, 2018, 03:24:54 PM
Post by: flatcap200 on September 12, 2018, 03:30:19 PM
How has SST IMPACT on new watch prices? 5 % or 10%etc?
3% according to some dealers.
Post by: bimmerman on September 12, 2018, 04:58:03 PM
Would the 116610 Hulk appreciate or depreciate?
Post by: Porsche168 on September 12, 2018, 06:06:05 PM
Post by: pexus on September 12, 2018, 06:10:32 PM
Guys/gals, what do you think would happen to the resale value of the Hulk if it were discontinued and replaced by a new Hulk? Assuming the replacement would be called the 126610LV with a new improved movement featuring Chronergy with 72 hours power reserve and a new shape like the 126710 Pepsi.
Would the 116610 Hulk appreciate or depreciate?
Rolex will do a rolex. Some will like the new but many will still idolize the old.
Take the sea dweller. The SD 43 has all the modern improvements. But the price of the short lived sd4000 is still steady.
As for the Hulk depreciating or appreciating, I think a big contributing factor goes back to how much you paid for one. 25k? 30k? 40k? 50k?
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Post by: flatcap200 on September 13, 2018, 09:16:51 AM
For some of us though, the real question is what will happen with the Kermit's value...
Post by: bimmerman on September 13, 2018, 12:23:08 PM
Post by: ethan89 on September 14, 2018, 08:59:45 AM
Speaking of the Kermit, I think it's been scaling some heights lately. Last I checked it was touching 50k. Has it exceeded that yet?Kermit already surpassed the 50K mark. If you're talking about the rarer 50th Anniversary 'Flat Four' LV, it touching 60k-70k. :Confused:
Post by: bimmerman on September 14, 2018, 09:08:05 AM
Post by: Chris Yap on September 19, 2018, 08:32:21 PM
Post by: Chris Yap on September 20, 2018, 06:10:52 PM
Post by: flatcap200 on September 21, 2018, 09:47:57 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Post by: bimmerman on September 21, 2018, 10:08:31 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
Post by: flatcap200 on September 21, 2018, 10:17:44 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
IMO & since the start of this year...yes.
Post by: bimmerman on September 21, 2018, 10:31:03 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
IMO & since the start of this year...yes.
How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.
Post by: flatcap200 on September 21, 2018, 10:43:21 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
IMO & since the start of this year...yes.
How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.
Now about rm45-46k. Beginning of 2018 about rm39k or slightly less.
Post by: bimmerman on September 21, 2018, 10:52:40 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
IMO & since the start of this year...yes.
How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.
Now about rm45-46k. Beginning of 2018 about rm39k or slightly less.
Shiver me timbers!!!!! I did not know that!!!!! I was seriously considering entering at RM45K but now I'm not so sure. I think fair value should be around 40K but the devaluation of the Ringgit has caused it to appreciate so much. I don't think I'll be getting one now. Probably wait till the Ringgit stabilizes. If it will ever happen.
What are your thoughts on getting one at RM46K for a 3 year old piece?
Post by: ethan89 on September 21, 2018, 11:09:09 AM
Rolex appreciate tremendously this recent year.I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
IMO & since the start of this year...yes.
How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.
Now about rm45-46k. Beginning of 2018 about rm39k or slightly less.
Shiver me timbers!!!!! I did not know that!!!!! I was seriously considering entering at RM45K but now I'm not so sure. I think fair value should be around 40K but the devaluation of the Ringgit has caused it to appreciate so much. I don't think I'll be getting one now. Probably wait till the Ringgit stabilizes. If it will ever happen.
What are your thoughts on getting one at RM46K for a 3 year old piece?
IMO, if you hold your trigger now and wait, I don't think the price will drop back to RM39K like early 2018, it will never happen.
Post by: flatcap200 on September 21, 2018, 11:13:03 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
IMO & since the start of this year...yes.
How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.
Now about rm45-46k. Beginning of 2018 about rm39k or slightly less.
Shiver me timbers!!!!! I did not know that!!!!! I was seriously considering entering at RM45K but now I'm not so sure. I think fair value should be around 40K but the devaluation of the Ringgit has caused it to appreciate so much. I don't think I'll be getting one now. Probably wait till the Ringgit stabilizes. If it will ever happen.
What are your thoughts on getting one at RM46K for a 3 year old piece?
Incidentally I was offered a 2015 piece at the same price recently. Passed on the offer as I actually got mine a few months back.
It's an ok price right now as long as its a complete set. But get it only if you really want one.
Post by: bimmerman on September 21, 2018, 11:16:42 AM
Now If I wait a year or two and the price goes up by 10% to around USD12.5K but our Ringgit strengthens to 3.5 to the USD, that would make it RM43-44K right?
I don't know. I guess in an ideal world perhaps.
Post by: bimmerman on September 21, 2018, 11:19:53 AM
I don’t think Rolex has stopped producing Hulk because there are still many brand new ones for sale from gray market dealers.
Indeed yes. But the question is whether it 'will' be discontinued. If price action is anything to go by, something may very well be in the works...
Price action? You mean the price is going up drastically?
IMO & since the start of this year...yes.
How much was a used one at the beginning of the year? It's around 45k for a used one when I checked last month.
Now about rm45-46k. Beginning of 2018 about rm39k or slightly less.
Shiver me timbers!!!!! I did not know that!!!!! I was seriously considering entering at RM45K but now I'm not so sure. I think fair value should be around 40K but the devaluation of the Ringgit has caused it to appreciate so much. I don't think I'll be getting one now. Probably wait till the Ringgit stabilizes. If it will ever happen.
What are your thoughts on getting one at RM46K for a 3 year old piece?
Incidentally I was offered a 2015 piece at the same price recently. Passed on the offer as I actually got mine a few months back.
It's an ok price right now as long as its a complete set. But get it only if you really want one.
Bro you were offered a 2015 piece at the same price meaning the same price I was offered (RM46K) or do you mean at the same price as last year's price?
Post by: flatcap200 on September 21, 2018, 11:27:16 AM
Ok, say one buys one locally right now at RM46K for a 2015. Looking at the Dreaded Chrono24 stats, it's averaging at USD11.5K right now. So, USD11.5 X 4.2 is around RM48K.
Now If I wait a year or two and the price goes up by 10% to around USD12.5K but our Ringgit strengthens to 3.5 to the USD, that would make it RM43-44K right?
I don't know. I guess in an ideal world perhaps.
Absolutely...in an ideal world. MYR may well strengthen to 3.5 in that time but I (and many others I'm sure) anticipate the watch to go up to more than 12.5k by then. We can also tell from how the ADs are pricing their bundles.
If however you have USD now...its a different story ;)
Post by: bimmerman on September 21, 2018, 12:04:07 PM
Ok, say one buys one locally right now at RM46K for a 2015. Looking at the Dreaded Chrono24 stats, it's averaging at USD11.5K right now. So, USD11.5 X 4.2 is around RM48K.
Now If I wait a year or two and the price goes up by 10% to around USD12.5K but our Ringgit strengthens to 3.5 to the USD, that would make it RM43-44K right?
I don't know. I guess in an ideal world perhaps.
Absolutely...in an ideal world. MYR may well strengthen to 3.5 in that time but I (and many others I'm sure) anticipate the watch to go up to more than 12.5k by then. We can also tell from how the ADs are pricing their bundles.
If however you have USD now...its a different story ;)
Well, I do already have a black sub and it wears nice on me with the old slim lugs so I don't know if I want a Hulk just to go green. The Hulk is singing to me though. Hmmm... I cannot decide, I cannot decide...
There are distractions aplenty especially that CK2998 Panda which just appeared..... I cannot decide!
Post by: D'Andy on September 21, 2018, 02:11:11 PM
Well, I do already have a black sub and it wears nice on me with the old slim lugs so I don't know if I want a Hulk just to go green. The Hulk is singing to me though. Hmmm... I cannot decide, I cannot decide...
There are distractions aplenty especially that CK2998 Panda which just appeared..... I cannot decide!
Just to share my 2 sen, I had the 116610LN, 116610LV, and CK2998 PSM and all 3 wears differently. Since yours is the 5-digit 16610LN, I could share that the 116610LV would indeed wear very differently and would be reason enough to get a piece, if you could get a piece, that is. Depending on your cost of entry, I would opine that the 116610LV could be the piece that would best retain its value, if not appreciating further.
Post by: bimmerman on September 21, 2018, 02:19:52 PM
Well, I do already have a black sub and it wears nice on me with the old slim lugs so I don't know if I want a Hulk just to go green. The Hulk is singing to me though. Hmmm... I cannot decide, I cannot decide...
There are distractions aplenty especially that CK2998 Panda which just appeared..... I cannot decide!
Just to share my 2 sen, I had the 116610LN, 116610LV, and CK2998 PSM and all 3 wears differently. Since yours is the 5-digit 16610LN, I could share that the 116610LV would indeed wear very differently and would be reason enough to get a piece, if you could get a piece, that is. Depending on your cost of entry, I would opine that the 116610LV could be the piece that would best retain its value, if not appreciating further.
Thank you Sir, it looks like I really have to get the Hulk now. Before I bought the late model 16610LN with the engraved rehaut, I was advised by a fellow forummer that I should give the Hulk or Kermit some serious consideration as the LN is more common. But at that time the green did look a little loud for my taste. Fast forward a few months and suddenly I'm craving some green to add to my collection. Well, I won't be able to keep everything though. Maybe the 16610LN will have to go. Or maybe my 216570..... dilemma dilemma...
Post by: koryong on September 21, 2018, 02:42:32 PM
If u really must let one go, pick the one which hasn't appreciated much ... move that $$ to the Hulk, which will only continue to go crazy in price. I remember getting one for only 39k new from WW less than a year ago.
Post by: pexus on September 21, 2018, 02:45:49 PM
Buying a watch and thinking too much about future value is like wanting to get married and yet already thinking about divorce.
If you like the Hulk very much and found one priced at current market value, which you can afford, focus on buying it rather than thinking about how much it will be in 2019, 2020..
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Post by: koryong on September 21, 2018, 02:57:17 PM
Post by: pexus on September 21, 2018, 03:00:49 PM
A wiser man knows how to do both ...Wow! So when you bought the Hulk back then you already knew it will go up few k higher by now? Awesome!!
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Post by: flatcap200 on September 21, 2018, 03:01:48 PM
Incidentally, I was just chatting with a stockbroker pal a minute ago who just bought one recently. Dude is ecstatic and can't go on enough about it... I think he especially digs the green on green (big bucks) aspect of it ;D :D
Every owner I know loves it to no end!
And then there's the kermit...
Post by: pexus on September 21, 2018, 03:05:28 PM
Superb replies.
Incidentally, I was just chatting with a stockbroker pal a minute ago who just bought one recently. Dude is ecstatic and can't go on enough about it... I think he especially digs the green on green (big bucks) aspect of it
Every owner I know loves it to no end!
And then there's the kermit...
Quite a lot of differences between the Kermit and Hulk.
If one is not too worried about how what is value of Kermit vs Hulk 5 years from now, shouldnt be too hard to decide on which one. The Kermit will still be great if you choose Hulk and vice versa. Both are great watches.
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Post by: koryong on September 21, 2018, 03:10:25 PM
A wiser man knows how to do both ...Wow! So when you bought the Hulk back then you already knew it will go up few k higher by now? Awesome!!
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Obviously ...
Post by: pexus on September 21, 2018, 03:15:52 PM
A wiser man knows how to do both ...Wow! So when you bought the Hulk back then you already knew it will go up few k higher by now? Awesome!!
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Obviously ...
Wow! Then you can surely help the fence sitters to ease their worries here about future value since your crystal ball is powerful.
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Post by: koryong on September 21, 2018, 03:32:40 PM
Post by: bimmerman on September 21, 2018, 04:03:48 PM
Yes ... advice & opinions are free ...
Bro! You were the one who told me to get something green and I said it didn't work for me. You were right all along!
Anyway, I don't think I can sell the 216570 because I'm really quite fond of it. Such an endearing watch which doesn't shout Rolex. The Turnograph, so chic so dressy, so uncommon, don't think I wanna sell that... The 16710 GMT II, hell no!
Which leaves the 16610LN. I guess my Planet Ocean 42mm can replace the LN as my black Sub and I could maybe pick up a Black Bay 58 as my vintage Sub and that should leave me with some bread on the table after I plonk 46K on the Hulk.
Maybe... But from 39K to 46K in half a year also makes me feel that this ship has sailed and i've missed the boat.
Post by: pexus on September 21, 2018, 04:06:14 PM
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Post by: bimmerman on September 21, 2018, 04:15:08 PM
Sounds like a plan. All the best with the purchase and looking forward to some wrist shots.
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I can do one better... Here's that wrist shot now!
No, I haven't bought it yet. The shot is a few days old.
(https://i.imgur.com/viz2DOX.jpg?1)
Post by: pexus on September 21, 2018, 04:20:42 PM
46k full set? What year?
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Post by: bimmerman on September 21, 2018, 04:22:43 PM
Post by: koryong on September 21, 2018, 06:04:47 PM
U may have missed the last boat but there will always be the next - never too late. These "special" models are quite predictable actually.
Post by: pexus on September 21, 2018, 06:21:30 PM
Full set bro. 2015. RM46.5K and not a penny less. Is that ok???
If you like the Hulk enough (poison seeped deep inside) and that's the market price, no choice lor, if you wish to detoxify yourself. ;D
Furthermore, it seems price for this model is predicted as going up... Malaysian say tak beli sekarang, rugi... ;D ;D
Post by: bimmerman on September 21, 2018, 06:43:07 PM
To the OP, sorry bro, didn't mean to hijack your thread but I hope all this info was beneficial to you too.
Post by: andy99 on September 27, 2018, 09:10:56 PM
Post by: sew2828 on October 10, 2018, 07:26:13 PM
what price now? if get 1 brand new from grey market...rm50k++?Yup, around 47k-50k
It's 54-55K now. Premium price.
Post by: Stv77 on October 29, 2018, 01:21:59 PM
Post by: keheng91 on November 21, 2018, 10:49:52 AM