Malaysia Watch Forum
Main Forums => General Discussion - Modern Watches => Topic started by: avabobatea on September 01, 2020, 05:45:52 AM
-
Bye bye to Hulk and hello to new Kermit? (https://uploads.tapatalk-cdn.com/20200831/fefeaa3dc9aecb2dd510d3d3067190bc.jpg)
Sent from my iPhone using Tapatalk
-
The new 41mm size is more interesting. Yet to see what the other minor changes may be.
Pity they don't offer more dial colour options but then this is ROLEX and they already do that with the Yachtmaster so probably keep the dial black for steel Submariners.
-
The new 41mm size is more interesting. Yet to see what the other minor changes may be.
Pity they don't offer more dial colour options but then this is ROLEX and they already do that with the Yachtmaster so probably keep the dial black for steel Submariners.
I think I read that the new lugs are slimmer and the bracelet is wider than before. Some subtle changes. Pity to those on the waiting list for Hulk for those years. And grey dealers are going to increase the price on their NIB stocks of Hulk that they have.
It's a shame
Sent from my SM-G960F using Tapatalk
-
Can’t imagine how high Hulk in grey market now
Sent from my iPhone using Tapatalk
-
No wow factor... its like a combination of rolex sports collection into one. Still prefer Hulk.
-
Could you imagine the feeling of those owners who holding the 50th anniversary allu bezel kermit, not special anymore.
I think the hulk will be back after ten years when this newly launched sub is due to update, simply because Rolex's designers are asleep and their watches always look the same. Rolex will always be Rolex, only Rolex can beat Rolex, nuffsaid.
-
Could you imagine the feeling of those owners who holding the 50th anniversary allu bezel kermit, not special anymore.
I think the hulk will be back after ten years when this newly launched sub is due to update, simply because Rolex's designers are asleep and their watches always look the same. Rolex will always be Rolex, only Rolex can beat Rolex, nuffsaid.
As an owner of the original Kermit, nah. I still feel it is special. It is after all the true 50th anniversary model. Also i got it very cheap when no one wanted one back in 2008 so it is not going anywhere. Agree with you that we may see a comeback of the Hulk (maybe in yellow gold form).
-
Minor improvements with the latest, cool and gorgeous piece this, the new Kermit.
-
Could you imagine the feeling of those owners who holding the 50th anniversary allu bezel kermit, not special anymore.
I think the hulk will be back after ten years when this newly launched sub is due to update, simply because Rolex's designers are asleep and their watches always look the same. Rolex will always be Rolex, only Rolex can beat Rolex, nuffsaid.
As an owner of the original Kermit, nah. I still feel it is special. It is after all the true 50th anniversary model. Also i got it very cheap when no one wanted one back in 2008 so it is not going anywhere. Agree with you that we may see a comeback of the Hulk (maybe in yellow gold form).
New ceramic kermit 122610LV is a more refined version of the old 16610LV, newcomers will opt for the new one instead.
That being said, 2023 is the 70th anniversary of Rolex Submariner (16610LV kermit was launched at 2003 as 50th anniversary), most likely we will see a comeback of that beautiful green dial, and I do agreed it may be on precious metal.
-
I think the 5 digit kermit looks the best. New ones are getting too big for my wrist
-
To me, the original 16610LV was just nice. If you don't notice the larger hour markers, it looks just like a normal sub with a green bezel. The aluminum bezel fades over time and some like the effect that creates. Many people have been known to swap a green bezel on a normal sub to get the Kermit feel. My main beef with this model is that the clasp is thin and bracelet links are hollow so it's a lighter watch and tends to make rattling noises.
The hulk was never popular when released. Many who bought it sold it not long after. Supposedly green was a bad color to some especially when they kept losing at the tables. Some people also complained that the ceramic bezels would chip or crack and were expensive to replace.
If I had to choose between this or that, then the choice goes to hulk for the newer clasp and bracelet which gives some weight and presence to the watch.
This new kermit will take time to gain it's place. When ROLEX finally stop shipping new hulk stock and you're left only with grey dealers and the used market, then it will be considered. The new movement will definitely be attractive to some with the longer power reserve but if you're rotating more than 3 watches, then 70 hours isn't much use anyway.
-
(https://uploads.tapatalk-cdn.com/20200905/fe178dfd8d48ed824c4776a1ce47e872.jpg)
Sent from my iPhone using Tapatalk
-
(https://uploads.tapatalk-cdn.com/20200905/fe178dfd8d48ed824c4776a1ce47e872.jpg)
Sent from my iPhone using Tapatalk
It will sell even at that price. That is what the situation has come to.
-
It will sell even at that price. That is what the situation has come to.
There's a lot of easy money floating out there, more so when you can't keep it in banks ...
-
(https://uploads.tapatalk-cdn.com/20200905/fe178dfd8d48ed824c4776a1ce47e872.jpg)
Sent from my iPhone using Tapatalk
It will sell even at that price. That is what the situation has come to.
This reminds me of the era of the Milgauss 116400GV. My colleague who got it at the peak of the craze was thoroughly pissed at himself. If I recall he paid a hefty premium for it back then, one which he could not recoup even until today. That is the danger of speculating i suppose. Paying a premium is one thing but there is such a thing as too high of a premium.
-
The question now is "At what point is a premium considered too high?"
-
The question now is "At what point is a premium considered too high?"
This would vary greatly between those who spend 100k like it was 10k, 1k, 100 or 10.
-
The question now is "At what point is a premium considered too high?"
It's gonna keep going up as long as there are people out there willing to pay the price
-
Have seen online of people owning the new Kermit. I wonder if they paid a premium or if they bought it at retail through their previous purchase history.
-
The question now is "At what point is a premium considered too high?"
It's gonna keep going up as long as there are people out there willing to pay the price
That 116400GV story is worth noting because this was the same sentiment in the market at the time. There is nothing really special in the Submariner series which uses a standard 3135 movement with just a change of bezel and dial colours.
No good runs last forever, except the steel Daytona one.
Have seen online of people owning the new Kermit. I wonder if they paid a premium or if they bought it at retail through their previous purchase history.
Other countries probably got their stocks and the usual regulars probably get theirs first. Some who just want to have the latest and greatest, or those who just want to be the first in everything and have mountains of cash to spend won't blink at paying double or more.
Anyone looking at it with an investment point of view will potentially get burned but that's how the stock market works isn't it? Nobody wins all the time there either.
-
Have seen online of people owning the new Kermit. I wonder if they paid a premium or if they bought it at retail through their previous purchase history.
Hard to tell how they got it; grey market or at retail, but it does not change the fact that they now own it.
Sent from my iPhone using Tapatalk Pro
-
Some local grey dealers already gotten the new Sub (LN and LV), so where did they come from?
I visited some of the AD locally and was being told the new models have yet reach the shore.
-
100k? Has the world gone mad? I wonder who are the folks willing to fork out that amount for a Submariner with green bezel.
-
The question now is "At what point is a premium considered too high?"
This would vary greatly between those who spend 100k like it was 10k, 1k, 100 or 10.
Come and think about it, those big whales who spend 100k like a mere 10 dollars won't buy grey, they are the first who get the new models at AD yo. ::)
-
Retail RM34k+...Selling at RM113k+ :HammerHead:....ridiculous...!
-
Saw one seller. Selling the new kermit same price as a panda. ????
-
Keyword here is selling. Anyone can ask for whatever price they want. If it sold at RM113k, then the situation is just mad.
-
Crazy prices.
-
but that's the thing isn't it, the price is crazy and yet there are still plenty of ppl willing to pay those crazy prices ???
-
These are only SS watches, no point to play their games and feed them...
But I think 21 will be even harder to get a sport model..
-
received a call in December that the green submariner has been allocated to me and was also informed that they have closed their waiting list. nice watch but imho not worth to pay the current high premium.
Sent from my BBF100-6 using Tapatalk
-
received a call in December that the green submariner has been allocated to me and was also informed that they have closed their waiting list. nice watch but imho not worth to pay the current high premium.
Sent from my BBF100-6 using Tapatalk
Buyers should really stop feeding the premiums market which only benefits some runners. The grey dealer makes some but the real sharks are those who corner the AD or working with someone in there.
To be honest, rather than paying say RM80k for a green Submariner, go tell the AD you will also spend RM80k there for a bundle with a green Submariner and some other watches like JLC, Cartier etc. I'm sure the AD will be more than happy to talk about a time frame.
-
received a call in December that the green submariner has been allocated to me and was also informed that they have closed their waiting list. nice watch but imho not worth to pay the current high premium.
Sent from my BBF100-6 using Tapatalk
Buyers should really stop feeding the premiums market which only benefits some runners. The grey dealer makes some but the real sharks are those who corner the AD or working with someone in there.
To be honest, rather than paying say RM80k for a green Submariner, go tell the AD you will also spend RM80k there for a bundle with a green Submariner and some other watches like JLC, Cartier etc. I'm sure the AD will be more than happy to talk about a time frame.
I hear u bro, that's definitely the way to go. But it can be stiffling also la - some AD just wont give us the time of day at all la unfortunately. And with folks willing and able to throw money at grey market, it keeps the loop going.
I guess the best we can do is build our rapport with the establishment and hold fast to the idea of not paying above retail.
-
It won’t work anymore unless u are VVIP, one need to spend rm130-150k for the boutique to promise (no timeframe) to get u a sub..
This are the norms now, pretty terrible for new sport model buyers...
-
It won%u2019t work anymore unless u are VVIP, one need to spend rm130-150k for the boutique to promise (no timeframe) to get u a sub..
This are the norms now, pretty terrible for new sport model buyers...
If you have no previous purchase with the AD and your target is only the steel Submariner then yes, you will get put in the same bucket as every other Tom, Dick and Harry
But if you're open to other models then your chances increase considerably. Of course you just need to find the right AD who hasn't already got his stock lined up with the runner.
Any buyer who buys a sport ROLEX model is a potential flipper. Where else do you think all the grey dealers get their stocks from if not flippers/runners?
-
Honestly, that’s true. When u hv plp that offers more money to AD and it makes the plp (or vip) in lists push even further..
-
Not sure how it works on the retail front. 2019 I got the hulk after inquiring about other models and was told that they can put me on waitlist for hulk and not others. received it in less than four months. the hulk is with my brother currently. am not a vvip who spends a ton of money but purchase history over the years counts. hope this helps.
Sent from my BBF100-6 using Tapatalk
-
Not sure how it works on the retail front. 2019 I got the hulk after inquiring about other models and was told that they can put me on waitlist for hulk and not others. received it in less than four months. the hulk is with my brother currently. am not a vvip who spends a ton of money but purchase history over the years counts. hope this helps.
Sent from my BBF100-6 using Tapatalk
Happen in Malaysia or overseas? I have heard of many lucky people that managed to get sport model but most of the time, the AD that made it happen was outside of Malaysia...
-
all my watches are from overseas except for a couple of them.
Sent from my BBF100-6 using Tapatalk
-
all my watches are from overseas except for a couple of them.
Sent from my BBF100-6 using Tapatalk
Can share which country?? ;D ;D
Maybe more of the Malaysia ADs are unscrupulous to sell more to grey dealer and ignore the retail customer?
But there are the few AD that do sell to individuals. Maybe they just have to be more selective because you never know whether that customer is a grey market contact anyway. Obviously those who know one won't be too eager to share because the AD usually get less than what they really would like to sell.
-
UAE
Sent from my BBF100-6 using Tapatalk
-
Retail RM34k+...Selling at RM113k+ :HammerHead:....ridiculous...!
Currently drop to 80k . 2.35times compare to retail price. Wallet still very pain