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20 December 2021, 11:28 AM | #1 |
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Why is this piece such a ridiculous price?
What am I missing here?
https://www.chrono24.co.uk/rolex/rol...id21908598.htm I get the colour and auction hype, co-brand madness and the FOMO. But what makes this watch usually trading at 12k being listed at a ridiculous price?! Sent from my iPad using Tapatalk |
20 December 2021, 11:34 AM | #2 | |
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Why is this piece such a ridiculous price?
Quote:
I don’t pay attention to the asking price. Do my due diligence on confirmed sold price of similar models. |
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20 December 2021, 12:31 PM | #3 |
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Crazy prices, but the market dictates the price. A lot of people either want it or are trying to get it.
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20 December 2021, 12:50 PM | #4 |
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Makes no sense other than someone is willing to pay the price.
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20 December 2021, 12:54 PM | #5 |
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Sorry for the stupid question, can someone convert that to USD? Is that… Euros?
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20 December 2021, 12:58 PM | #6 |
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27K GBP= around $35,700
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20 December 2021, 12:59 PM | #7 |
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Dumb people.
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20 December 2021, 01:01 PM | #8 |
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20 December 2021, 01:01 PM | #9 |
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Because there are many fools with money.
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20 December 2021, 01:05 PM | #10 |
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It’s a crazy luxury goods market these days
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20 December 2021, 01:07 PM | #11 |
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Mindboggling why people spend so much time worrying about silly listings on Chrono24.
People can ask $100K for an Oyster Perpetual on eBay or Facebook. Doesn’t make it a valid or remotely relevant data point. |
20 December 2021, 01:16 PM | #12 |
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Dont ask, Dont Get
Maybe this dude is hoping the guy who got outbid on the Tiff Patek still has a hankering for a baby blue dial... |
20 December 2021, 02:28 PM | #13 |
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It’s a Veblen product
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20 December 2021, 02:32 PM | #14 |
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Told you guys in Sept 2020 this is the winner , most were still sulking because the out of the blue ,blue dial ss Sub didnt happen ..
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20 December 2021, 02:42 PM | #15 |
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Wow, I've seen 41mm 124300 ones with asking prices around $35K usd, but now the 126000 36mm watches are going there?? Geez!! What's next for the 41mm? $45-50K usd!!??
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20 December 2021, 06:14 PM | #16 |
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Because it’s the OG in that color and the Nautilus in as near as makes no difference a color has just become the hottest thing on the planet
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20 December 2021, 06:15 PM | #17 |
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Probably, but can it be sustainable? Probably this whole turquoise thing will die down in a few months
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20 December 2021, 06:20 PM | #18 |
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Exactly but many today there lives are ruled by looking at Rolex prices and what so called social media dictates.As Rolex watches today to many are now little more than £$€ objects and nothing more.
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20 December 2021, 06:21 PM | #19 |
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20 December 2021, 06:59 PM | #20 |
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20 December 2021, 07:21 PM | #21 |
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There are 14 OP tiffany blue 41mm that price way beyoud 35k and all the way up to over 100k if you search in C24... the latest one that get reserveed is at 26k ish
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20 December 2021, 09:33 PM | #22 |
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Theres a 2500 PO on ebay listed over $11k. I believe it has to start somewhere.
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20 December 2021, 10:28 PM | #23 |
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These are British pounds
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20 December 2021, 11:11 PM | #24 |
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20 December 2021, 11:16 PM | #25 |
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Never bought from them but have looked at their pieces for a few years. He used to be pretty fair with his pricing, probably because he is in the NE. Of late he has gone a bit crazy. My view is instead of putting it in the safe, which a load of grey dealers are doing, he has it out there at a very inflated price. If someone pays, they are a mug, if they don’t he keeps it and it goes up next year anyway!
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20 December 2021, 11:17 PM | #26 |
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Probably PP Tiffany hype
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20 December 2021, 11:24 PM | #27 |
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Sheeple
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20 December 2021, 11:30 PM | #28 |
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I am sure that it is resellers trying to ride the 5711 craze since this is “similar” to most who really know nothing about watches. But as it was said, the asking price and the selling price are often two very different things.
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21 December 2021, 12:22 PM | #29 |
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All because the hype around the Tiffany PP Nautilus. Something like 150 being made, grey is going for 100x retail or some absurd figure. The OP is guilty by association I suppose.
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21 December 2021, 12:27 PM | #30 |
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Morons.....
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