Grey Market Prices Coming Down (daily tracker)

[jestevez]

Wanted to share this interesting table below. I have been tracking online prices daily for the past week for some of the toughest to get pieces .

The prices highlighted in green show days that the price for a certain watch came down. You can definitely see a trend going down although a one week time frame is too short to see if it will persist and/or if price reductions will start to be more substantial.

rolex prices.jpg

[dennywags]

You need to change Batman to Batgirl. The Batman has been discontinued.

[jestevez]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

Done - changed it to avoid confusion, thanks!

[NYG1121]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

[Patton250]

Originally Posted by NYG1121

And he actually did it.

[Geckobros]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

Not sure what you mean. I go to the Rolex site and I type "Batman" in their search engine and I get a 126710BLNR. Sorry your watch was discontinued.

[superstarmar]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

I despise this name ... it's still a batman ...Batman 2 or the
New Batman 2.0

[sgwatchguy]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

I suggest a visit to the Rolex website and testing your view on whether the Batman has been discontinued.


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[Maxy]

Originally Posted by dennywags

You need to change Batman to Batgirl. The Batman has been discontinued.

Most cringe worthy name ever!

[Cwillis0001]

Originally Posted by Maxy

Most cringe worthy name ever!

Hell, its WAY better than Batman. When I think Batman I think of Adam West in tights. Batgirl, on the other hand, is sexy, stealthy, sleek. I know which I prefer.

[Cool watch]

Excellent post OP!

[Sterling991]

this post will deliver bigly

[ADR1982]

Should you include box and papers as well?

[Director EDTF]

Thanks For tracking!

[djyolky]

Originally Posted by Director EDTF

Thanks For tracking!

Lol quality

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[WatchNutcase]

Yep noticed prices dropping on chrono24 as well

[boogiebot]

I know that some member give other members shit about always posting about pricing. I have to admit though, this is an interesting part about our hobby. Thanks for taking the time to track and share with the community.


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[socialpro]

Awesome work. Will be curious to see the progression 2 and 4 weeks down the line.

I'm tracking something similar but with exotic cars.

[SeaDweller50]

I wonder if the price decrease will also be exponential.

[Podmornica]

Yeah, Pepsi is taking the biggest hit, as it should be.

[Onikage]

Love it. What a way to spend lockdown.

[blada4life]

Originally Posted by jestevez

Wanted to share this interesting table below. I have been tracking online prices daily for the past week for some of the toughest to get pieces .



The prices highlighted in green show days that the price for a certain watch came down. You can definitely see a trend going down although a one week time frame is too short to see if it will persist and/or if price reductions will start to be more substantial.



Attachment 1123688

Ohhh very nice but $30 on a blue sky? $200
On a Pepsi? $200 on a hulk? It’s not even a 2% price reduction in these modes. Looks like the grey market prices are practically tanking on these models.


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[Simmer007]

Originally Posted by blada4life

Ohhh very nice but $30 on a blue sky? $200
On a Pepsi? $200 on a hulk? It’s not even a 2% price reduction in these modes. Looks like the grey market prices are practically tanking on these models.


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Pepsi is actually down $650 there Champ....

And thanks to the OP!

[Chadridv]

Originally Posted by blada4life

Ohhh very nice but $30 on a blue sky? $200
On a Pepsi? $200 on a hulk? It’s not even a 2% price reduction in these modes. Looks like the grey market prices are practically tanking on these models.


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wow, you're a ray of sunshine.

I don't think anyone said "tanking" and the OP said it right there, it's too short of a time to get a big picture. So... What's with the attitude?

[NYG1121]

This crisis may turn out to be even more of a money maker for greys. People desperate to sell now for financial reasons will take anything they can get securely. Greys will be grabbing these at bottom dollar and will be ready to sell whenever the market stabilizes. Could be huge for them

[SUPERDOC]

Originally Posted by NYG1121

This crisis may turn out to be even more of a money maker for greys. People desperate to sell now for financial reasons will take anything they can get securely. Greys will be grabbing these at bottom dollar and will be ready to sell whenever the market stabilizes. Could be huge for them

not sure that will fit the Grey Business model well -

These are not the days of walking into a pawn shop desperate for cash..

If the Greys are intent on keeping prices high to ride out the storm, but will pay what they see as a more corrected price - there will be too much discrepancy for any seller.

If they are selling for $15k, but offer you $8k - there are many ways to safely sell your watch - for $11 - and kill the market, and get more than what a low-balling Grey will offer -

those desperate to sell will be the ones that set the "new market price"...

once a Pepsi goes for <$11k on secondary - the party is over -

[RMF]

Thanks for pulling this together and sharing. Looking forward to a week to week snapshot.

[Hollie_Rollie]

Thanks for taking the time to do this. The drop to msrp will be fun to track. Good work and appreciate it

[scrappy]

Keep in mind the USD has strengthened in the past month and I assume these grey dealers compete for international customers.

[westcoastghost]

Originally Posted by scrappy

Keep in mind the USD has strengthened in the past month and I assume these grey dealers compete for international customers.

My assumption was the opposite, that the gray dealers around the world either kept their original prices in their native currency, or reduced slightly, but when converted to USD the drop is more significant due to the dollar gaining. The US dealers are having to compete with international dealers, so they drop their prices as well.