That has been the same story for several years in a row now. Many of the regulars in here say Rolex sports are a bubble that's about to burst, but we have seen no signs of that at all. And what Fitz says the confidence in upping the prices significantly for the holiday season points to the opposite.
Can you imagine sitting on the fence about Rolex for the last year and not buying one ? You’d feel a bit daft now
Did Nico not get the memo that Rolex prices are falling? 😅
Do prices traditionally slide back in the new year then at some point?
I think they are prepping for the Christmas busy time and getting the prices up for then, prices are flagged to increase Nov, Dec and Jan and then settle again. Its what TPG and Roman Sharf are doing, and seeing as P&P take their lead from them that probably the cause.
Less than watchfinder!
They do seem strong but real dealer prices (ie one that pays tax and has overheads) vs Instagram dealers vs private market are all different ball games.
as the prices are in euros is there any chance they have included VAT?
All of them - €17k for a sub date is mental money - €22k for a Kermit !!
Which? Their asking prices are always strong 😂
Surely these are pricing mistakes ??
I'll get a strap for it and make the offer that he can have it if he wears it every now and then.
Id ask him if he’d wear it. If it’s just going to sit in a box and he prefers smart watches is there any point? Like giving a car to someone who doesn’t drive. That said I’m sure he’d appreciate the gesture
Ok bit of a quandary here. I have a brother in law who was born in '74.
He was over for coffee with his Mrs and somehow the conversation moved to watchs and I brought down the box. I have 69,73, 71, And 74 watches to show him. He liked the 74 and 69 accutrons because of the tuning fork and smooth sweep.
At that point, it occurred to me the decent thing to do was get a new Hirsch strap for the n74 accutron, and well, just give it to him.
He's a card carrying NCAD industrial designer, for some reason apple products feature in his life, he does UX for living. Do I give him a serviced sweet looking accutron to see if I can spark an interest? And yes he currently wears an apple watch, can such folks be turned. He was born in 74, so the accutron would be birth year watch.
I may have an interest in it? Though your Zenith might be more my cup of tea currently 😉
A heads up on either, tho tbh given what a gen 2 is worth, the chronomaster is as far as I could stretch would be much appreciated.
ill probably test the market with my VC Gen 2 on C24 in the next few weeks so lets see.
That's pretty much my own take on it too Wibbs. It's taken quite a while for that tide to expand beyond Rolex and AP, but now it has.
Still without visibility of sales prices it's all academic, but asking prices have grown massively in 4 months.
C24 has always had "interesting" valuations, at least on the vintage side where I'd have much more knowledge than in the new and current(where I'd have feck all). The general rule was ebay auction or forum price as a base, then add 20-30% for a private seller on C24, add 50-100% or more for a dealer on C24.
With the new stuff my take would be that the rising Rolex tide is lifting other boats. Plus the overpriced Rolex grey values are getting a few to look around for higher level watches from other brands like AP, VC and Patek at the same prices. Kinda like current BMW prices are opening up Ferrari options. Add in the pandemic push and rising prices anyway and people looking to non cash/bank reserves of value and watches, particularly current Rolex sport models being seen as investments and it's not surprising.
I tend to agree on the C24 side tbh, as I said my usual rule of thumb there for value is minus 30%. With VC tho and in particular gen 2 and 3 (because size wise I do think they are more desirable). There is a lack of supply IMO and more and more of the watches on offer are fixed price. Almost nothing on Watchuseek or WatchRecon, 1 in the US at $12k which with VAT quickly becomes a €13.5k watch here.
I'd said to you previously that I thought a spike was coming and your own gen 2 valuation was soft. The current state of play, albeit without actual sale info would support that. I did send watchchart's an email asking them to do a comparison for Gen 1 but yet to see anything 😂
I don’t want it back! But I hope you do well of it! Nice to see the Rolex tide rising all boats. But that is part of the problem. You can sell yours for more but have to pay more for the next one so it’s a zero sum game in the end.
I think c24 is becoming more and more out of touch. It has to be. I am basing that off my own watches on that. The average on my aqua has rising 15k in 6 months. Yet I got an offer from WF for around 20k less than the current average a month ago or so.
But better to see the graph slopping upwards than downwards.
I didn't, but I bought mine off the lad who did 😂😂
Of course I do 😉 and as I said to you not so long ago. It's not one I plan on selling. Rather it's a yardstick I'm judging the rising tide by.
It's all well and good me selling it? I'd then have a pot of cash and be unable to afford nearly as good a watch 😜 it's one that still brings me joy every time I wear it.
If someone wants to swap me a dualtime for it tho?😂😂
I ignore any of these “reserved” ones. I think that’s a scam to try and sell more expensive listings personally.
Impossible to know the value unless you try and sell. I think 9-10k might be achievable as a private seller.
you said you would offer it back to me………..…...remember?
Was at the Bond movie yesterday... the new seammaster looked nice on mesh.. its an incredibly light watch from when i tried on few weeks ago.
i had my datejust on and noticed the lume properly for the first time..
And you bought your gen 1 for €4k? Nice one 😂
Not quite 😉 but, I did get 4 of us away to Mexico incl SNN-MAN and a 1 hotel stay for the same price I 3 of us went in 2018 😁
did they pay you for the holiday :)
TBH, I booked our 2022 holiday on Saturday and Irish prices were crazy! Booked the same holiday via UK and even accounting for extra flights and 1 night in a hotel... I saved over €2k 😮
If I'd booked from Ireland? I'd also need to sort new ESTAs as the direct option from Dub was replaced with US stopover! Have a notion that £stg is going to drop v € too before full payment is due on the holiday so I'll be doing some FX trading before then.
On top of the saving in UK price v here. I got 0.5% back on tcb, 3% back on my crypto card and had a £150 off voucher too6😁 now just to get Thirdfox to sort my itinerary while I'm there 😂😂
But! Back on topic! Prices are still mental 😮
Prices with everything seem to have gone mad lately. I booked a car this morning for 10 days for our holiday at the end of this month, Usually pay between €200 - €250. €500 is the cheapest I got and that's after paying near double for flights .
yes seems things have gone mental... seller market at the moment
had an interesting 'falling out' on adverts yesterday... lad selling a flightmaster for 350 euro... creation selling them for about 210... i posted the link and mentioned how i picked one up last week for 220 delivered from NI.. which i did... he blocked me and reported me for false advertising :)
Lads!
Some of the rises in asking prices for non-Rolex bits over the last couple of months is eye-popping!
Now granted, asking price is not sale price but I tend to keep an eye on VC Overseas pricing both because I have a gen 1 and because I had my eye on a gen 2.
But an example is this in May/June the blue 42040/42 was priced between €9.5k and €14k.
Last night? These were the prices on Chrono24 with the cheapest being already reserved. Now my usual Chrono24 for a lot of stuff listed there is -30% for a "realistic" price but these are listed at fixed price 😮.
I'd already had a low 5figure offer for a consignment sale (wasn't selling, but curious as to what their fees and process were). If there's a bubble around Rolex? It is certainly starting to trickle out and raise the prices of other high end sports watches too!😳😳
42042
42040 full set and fixed price
42040 fullset and fixed price
42040 watch only, reserved and if brought into EU? +VAT.
