Rolex

ryem3 · 04-22-2018, 07:14 PM

New Rolex? Insanely expensive. Currently close to $20k. What input to you need? They could be had for $15k a year ago when they came out. My opinion, fool's buy today. Other opinions?

SaMaster14 · 04-23-2018, 02:12 PM

Quote:

Originally Posted by ryem3

New Rolex? Insanely expensive. Currently close to $20k. What input to you need? They could be had for $15k a year ago when they came out. My opinion, fool's buy today. Other opinions?

...What country??

This is NOT the case just about anywhere in Europe or the US. Might be hard to get your hand on a steel Rolex, but your price is still going to be £6k/$8k-ish base. Explorers/Oyster Perpetuals/Date Justs even less for steel. ... Even many of the precious model Rolex watches are under $20k

And then there's always the secondary market

Aatish · 04-23-2018, 07:34 PM

Quote:

Originally Posted by SaMaster14

...What country??

This is NOT the case just about anywhere in Europe or the US. Might be hard to get your hand on a steel Rolex, but your price is still going to be Â£6k/$8k-ish base. Explorers/Oyster Perpetuals/Date Justs even less for steel. ... Even many of the precious model Rolex watches are under $20k

And then there's always the secondary market

Hmmm. No.

116500LN Daytona's are very much in demand and are very hard to get for under $18k right now. In the US, Europe, Middle East, China, or India.

ryem3 · 04-23-2018, 08:07 PM

Quote:

Originally Posted by Aatish

Hmmm. No.

116500LN Daytona's are very much in demand and are very hard to get for under $18k right now. In the US, Europe, Middle East, China, or India.

Exactly. He did want a Daytona. Lunatics are asking close to $20k.

Aatish · 04-23-2018, 08:28 PM

Quote:

Originally Posted by ryem3

Exactly. He did want a Daytona. Lunatics are asking close to $20k.

Still kick myself for not grabbing one for $13k

SaMaster14 · 04-24-2018, 10:21 AM

Quote:

Originally Posted by Aatish

Hmmm. No.

116500LN Daytona's are very much in demand and are very hard to get for under $18k right now. In the US, Europe, Middle East, China, or India.

I misunderstood, I thought the post I quoted was talking about any and all Rolex models, not the Daytona in particular. There was no quote, so I thought it was a response to the thread in general.

Yes, finding a new Daytona is extremely difficult unless you are close with an AD or purchase at a 30% or so premium. I have heard of some steel models being sold at cost if you also purchase a precious metal model though (not cost effective... but you get two watches

)

ryem3 · 04-24-2018, 07:32 PM

Quote:

Originally Posted by Aatish

Still kick myself for not grabbing one for $13k

Could've had one for $15k, which I thought was ridiculous...

Aatish · 04-24-2018, 08:13 PM

Quote:

Originally Posted by ryem3

Could've had one for $15k, which I thought was ridiculous...

It is tho. I get they're nice watches, but for SS Daytona that's insane. My SS Yachtmaster 2 was $14k.

That said, I would kill for a white face 116500LN.

BMW F22 · 04-27-2018, 12:34 AM

Did the price on the 116610LV go up? They were $8-8.5k last year. Saw some pricing on watchrecon today and they’re all going for $10-11k. What gives?

Bt12 · 04-28-2018, 09:49 AM

Quote:

Originally Posted by BMW F22

Did the price on the 116610LV go up? They were $8-8.5k last year. Saw some pricing on watchrecon today and they’re all going for $10-11k. What gives?

Pretty much all SS models that are Rolex, AP and Patek been doing same. High end watches seeing uber robust demand while supply not growing.

If you google Swiss watch exports the Chinese are buying lots of watches. Nuevo riche on a broad level.

TheWatchGuy · 04-30-2018, 01:00 PM

Quote:

Originally Posted by BMW F22

Did the price on the 116610LV go up? They were $8-8.5k last year. Saw some pricing on watchrecon today and they’re all going for $10-11k. What gives?

prices on most of the luxury watches fluctuate depending on the time of year. Usually you see peaks November - February and then May-July.

But with what many think is Rolex artificially creating a shortage of new watches, the used market has gone up considerably over the last year.

leighton.james · 05-02-2018, 08:08 AM

Quote:

Originally Posted by M3forMe

My favorite and definitely the next one needed for the collection.

Here is my Rolex.

Attachment 842070

I also own a few other brands. I

watches.

Love this! Looking at buying one as an investment piece currently. Trying to decide between black and green!

Have you thought about investment potential of this and if so, what do you think it will be worth in 20+ years?

TSM330i · 05-02-2018, 09:32 AM

Quote:

Originally Posted by TheWatchGuy

prices on most of the luxury watches fluctuate depending on the time of year. Usually you see peaks November - February and then May-July.

But with what many think is Rolex artificially creating a shortage of new watches, the used market has gone up considerably over the last year.

+1

Bt12 · 05-02-2018, 05:14 PM

So how many of you guys saw the Pepsi?

rad doc · 05-06-2018, 09:20 PM

New 2018 dssd! Love it.

ny325 · 05-06-2018, 09:37 PM

Rolex prices are insane now. My Submariner, and Datejust cost more than double what I paid for them a few years ago. I can’t see them doubling in price of what they cost now. $19,000 for a SS Submariner, and $12,500 for a SS Oyster Perpetual Datejust, really... Prices generally increase a small percentage in February and March. However, the increase doesn’t apply to all models. Funny thing is, I just picked up a Seiko Sarb033, and it feels, and looks like my Datejust. I decided to remove the bracelet, and put on a Barton Navy Blue canvas strap. The combination on the Sarb033 looks really good. I also have a few timex weekender; and expedition Scout watches that I love. I prefer watches no bigger than 40mm, with simple dials. On my bucket list now is the Rolex Explorer, 39mm black dial.

ASAP · 05-13-2018, 02:16 PM

^yeah, I have to agree what is going on? I used to see the black SS submariner for 7500 and 8500, date and no date... now it is almost nowhere to be found and even the lowest price is 8k with no deals to be had.

iamwingman · 05-13-2018, 02:39 PM

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New band for my old, trusty explorer.

ny325 · 05-13-2018, 10:16 PM

My friend works at a Rolex AD, and he told me Rolex is holding back on new inventory. A SS Submariner is difficult to locate, and no discounts if you find one. Along with the sport line Rolex watches. He doesn’t know why Rolex is doing this.

TheWatchGuy · 05-14-2018, 01:17 PM

Quote:

Originally Posted by ny325

My friend works at a Rolex AD, and he told me Rolex is holding back on new inventory. A SS Submariner is difficult to locate, and no discounts if you find one. Along with the sport line Rolex watches. He doesn’t know why Rolex is doing this.

artificial inflation.

they bumped up the MSRP on the majority of their watches as well. The reasoning from Rolex Ive heard is because of supply

hooligan_G01 · 05-16-2018, 10:00 AM

Quote:

Originally Posted by TheWatchGuy

artificial inflation.

they bumped up the MSRP on the majority of their watches as well. The reasoning from Rolex Ive heard is because of supply

Yep, just like DeBeers does with diamonds.

eatsleepboost · 05-16-2018, 10:10 AM

Hi guys. I am new to high end watches as I have had only cheap ones in the past. I am getting married this summer and it's tradition in my girls culture for her parents to buy me a jewelry gift. She explained to them I would prefer a watch over a ring or necklace etc. They now have told me they want to buy me a Rolex. They didn't give me a price limit and sent me images of 2 they found at the store that are priced at 12.6k and 15k to give you an idea.

I am a 30 year old mechanic. It will be a watch for occasional weekend use but mainly formal events. Some opinions about what I should look into would be appreciated. I am starting my search now on their website.

After reading a bit about their selection I believe I would prefer a Daytona since it was created for car racing which peaks my interest much more than something like a yacht master.

04-22-2018, 07:14 PM	#683
ryem3 Major 1042 Rep 1,345 Posts Drives: 2020 MB M2 CS Join Date: Mar 2011 Location: Rye, NY iTrader: (0)	New Rolex? Insanely expensive. Currently close to $20k. What input to you need? They could be had for $15k a year ago when they came out. My opinion, fool's buy today. Other opinions?
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04-27-2018, 12:34 AM	#691
BMW F22 Major General 3629 Rep 9,788 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	Did the price on the 116610LV go up? They were $8-8.5k last year. Saw some pricing on watchrecon today and they’re all going for $10-11k. What gives?
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05-02-2018, 05:14 PM	#696
Bt12 Captain 391 Rep 960 Posts Drives: 2018 X5,2018 m2, 2018 x1 Join Date: Sep 2017 Location: Bicoastal iTrader: (0)	So how many of you guys saw the Pepsi?
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05-06-2018, 09:20 PM	#697
rad doc Lieutenant 250 Rep 513 Posts Drives: 1M AW loaded Join Date: May 2011 Location: texas iTrader: (0)	New 2018 dssd! Love it. Attached Images
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05-06-2018, 09:37 PM	#698
ny325 Brigadier General 890 Rep 3,141 Posts Drives: Jet Black E90 Join Date: Feb 2007 Location: Gridlock iTrader: (0)	Rolex prices are insane now. My Submariner, and Datejust cost more than double what I paid for them a few years ago. I can’t see them doubling in price of what they cost now. $19,000 for a SS Submariner, and $12,500 for a SS Oyster Perpetual Datejust, really... Prices generally increase a small percentage in February and March. However, the increase doesn’t apply to all models. Funny thing is, I just picked up a Seiko Sarb033, and it feels, and looks like my Datejust. I decided to remove the bracelet, and put on a Barton Navy Blue canvas strap. The combination on the Sarb033 looks really good. I also have a few timex weekender; and expedition Scout watches that I love. I prefer watches no bigger than 40mm, with simple dials. On my bucket list now is the Rolex Explorer, 39mm black dial. Last edited by ny325; 05-13-2018 at 10:10 PM..
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05-13-2018, 02:16 PM	#699
ASAP Major General 10577 Rep 8,879 Posts Drives: '23 X3 M40i Join Date: Sep 2012 Location: FL iTrader: (0)	^yeah, I have to agree what is going on? I used to see the black SS submariner for 7500 and 8500, date and no date... now it is almost nowhere to be found and even the lowest price is 8k with no deals to be had.
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05-13-2018, 02:39 PM	#700
iamwingman Major 1204 Rep 1,184 Posts Drives: 21 Carrera S, 23 Tesla Model S Join Date: Jun 2014 Location: South Florida iTrader: (0)	New band for my old, trusty explorer.
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05-13-2018, 10:16 PM	#701
ny325 Brigadier General 890 Rep 3,141 Posts Drives: Jet Black E90 Join Date: Feb 2007 Location: Gridlock iTrader: (0)	My friend works at a Rolex AD, and he told me Rolex is holding back on new inventory. A SS Submariner is difficult to locate, and no discounts if you find one. Along with the sport line Rolex watches. He doesn’t know why Rolex is doing this.
	Appreciate 0 Quote

05-16-2018, 10:10 AM	#704
eatsleepboost Captain 422 Rep 656 Posts Drives: Evo Join Date: Aug 2017 Location: Boston iTrader: (1)	Hi guys. I am new to high end watches as I have had only cheap ones in the past. I am getting married this summer and it's tradition in my girls culture for her parents to buy me a jewelry gift. She explained to them I would prefer a watch over a ring or necklace etc. They now have told me they want to buy me a Rolex. They didn't give me a price limit and sent me images of 2 they found at the store that are priced at 12.6k and 15k to give you an idea. I am a 30 year old mechanic. It will be a watch for occasional weekend use but mainly formal events. Some opinions about what I should look into would be appreciated. I am starting my search now on their website. After reading a bit about their selection I believe I would prefer a Daytona since it was created for car racing which peaks my interest much more than something like a yacht master. Last edited by eatsleepboost; 05-16-2018 at 12:14 PM..
	Appreciate 0 Quote