The markets finally cooling down ??????

[garyfromleeds]

I don't know if its me but from what im seeing here in the Uk the Rolex market is slowing and prices have rolled back a touch , for example a friend of mine owns a large watch shop and they just bought in a new steel Pepsi from a customer for 12k and resold the watch for £12,500 , yes only £500 wages for them but quick turnaround , thats how they work , that said not long ago that watch would be over 14k he said and he's also had a black ceramic Daytona on his shelfs for weeks asking just over 15k and no takers , that watch sat there 6 weeks or more , may be the tide is changing ??????

[fleabag]

Were is this ?


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[Zakalwe]

There are 20 steel BLRO’s in the U.K. for sale on C24 and the cheapest one is £14350 with an average asking price of around £16k.

Sounds like somebody may have got a relative bargain. I’m very sceptical that it’s representative of the Rolex steel sports market in the U.K.

[2001jesper]

Well - Then your friend is overreacting compared to the market. Dont believe that we will see a dramatic slowdown in the short-term

[Fish220sr@aol.com]

Iceland

[PatronMTL]

We can all hope

[1665fan]

I would say most fans would love this to be true but it’s still trending upwards....

[The Sub-lime One]

In Leeds maybe... London?

[Lemonvr6]

one watch sold for less markup in some random English town and the market is dropping?


lol

[eamonn345]

Originally Posted by garyfromleeds

I don't know if its me but from what im seeing here in the Uk the Rolex market is slowing and prices have rolled back a touch , for example a friend of mine owns a large watch shop and they just bought in a new steel Pepsi from a customer for 12k and resold the watch for £12,500 , yes only £500 wages for them but quick turnaround , thats how they work , that said not long ago that watch would be over 14k he said and he's also had a black ceramic Daytona on his shelfs for weeks asking just over 15k and no takers , that watch sat there 6 weeks or more , may be the tide is changing ??????

Mmmm don’t agree. A good example is the hulk which was going for £11k new in March and now trading at nearly £15k with Watchfinder.


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[eamonn345]

Originally Posted by Lemonvr6

one watch sold for less markup in some random English town and the market is dropping?


lol

Spot on


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[PatronMTL]

BLROs cooled down to 16k usd or so for a hot minute after New BLNR hit ADs, and promptly shot back up to 20k. Now back down to 18.5-19k. Perfectly normal to see fluctuations, by no means is this a market cool Down

[Rocket launcher]

It's the start of the slow down

[Seibei]

Well, so hurry up and sell if you are a speculator.

[pepsiretail]

So this reseller will pay me over 20k CAD for my Pepsi? That is my idea of a slowdown

[SlideRacker]

I don’t think so. Everything I’m watching on Chrono24 is up. New BLRO is over $19k. New DaytonaC Black is just south of $25k.

[tgyberg]

Originally Posted by Lemonvr6

one watch sold for less markup in some random English town and the market is dropping?


lol

Like! (due to lack of like button)

[gmtln]

I think it's just you.
The 126710BLNR is going for between £16-17k on C24 and I've seen the previous reference 116710BLNR going for £14.5k, not to mention 116610LV for around £13k, so no, the market is not cooling down.

[hbk75]

subwatch crisis is coming.

[The Libertine]

Not likely.

[kultschar]

Guess the store owner hit the bottle early that day :)

[Jonesy2099]

The market, by which you mean the grey market, consists of people that are willing to pay over MSRP/RRP for (usually) a SS Rolex. It’s true that this grey madness could all stop right now if people stopped paying silly money. The ‘official’ Rolex market has plenty of watches on offer outside of 3-4 hot models. There are even rival brands that offer perfectly good alternatives which you can get at a discount!

[Sunny Arizona]

Originally Posted by garyfromleeds

I don't know if its me but from what im seeing here in the Uk the Rolex market is slowing and prices have rolled back a touch , for example a friend of mine owns a large watch shop and they just bought in a new steel Pepsi from a customer for 12k and resold the watch for £12,500 , yes only £500 wages for them but quick turnaround , thats how they work , that said not long ago that watch would be over 14k he said and he's also had a black ceramic Daytona on his shelfs for weeks asking just over 15k and no takers , that watch sat there 6 weeks or more , may be the tide is changing ??????

I've been watching this whole conversation for a year or more. No ADs where I live but I made some calls and found a 214270 from an AD where I bought before and got it for less than MSRP and free shipping. Didn't ask about other styles though.

[exador]

Originally Posted by Sunny Arizona

I've been watching this whole conversation for a year or more. No ADs where I live but I made some calls and found a 214270 from an AD where I bought before and got it for less than MSRP and free shipping. Didn't ask about other styles though.

The Explorer isn’t one of the “hot” pieces to be fair.

[Sunny Arizona]

Probably explains why I got a small discount but still cheaper than some of the "trusted sellers". Likely my last Rolex purchase.

[Uggi]

Originally Posted by Fish220sr@aol.com

Iceland

Iceland sells fishfingers. You won't find a Rolex for sale in there.

[rlx123]

Originally Posted by Seibei

Well, so hurry up and sell if you are a speculator.

Yes! I agree with you. These speculators should sell before their stash lose value. If they wait too long they won’t get the cut-throat prices that they want.

[HesaliteTim]

Originally Posted by exador

The Explorer isn’t one of the “hot” pieces to be fair.

Man, it is around here. None in stores and waitlists of 4-6 months unless you have an established relationship with an AD.

[HappyFish]

Maybe in Troll-land!

[FreshPrince14]

Can't see this happening for a long time unfortunately

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