Has the Rolex bubble finally burst? Perhaps it has
Has the Rolex bubble finally burst? Perhaps it has
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Discussion

FarmyardPants

4,365 posts

247 months

Sunday 1st October 2023
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Blown2CV said:
RSbandit said:
So £10k to £12500 depending on condition ? What were they list ?
£8000
That might be a bit misleading. The JC DS SD has been around for a while. To order one new now, you're looking at the 136660 which (I think, could be wrong) is around the £12k mark. (subject to availability smile)

edit: the question was "what were they list", my bad.

Edited by FarmyardPants on Sunday 1st October 20:05

Wheelspinning

2,289 posts

59 months

Sunday 1st October 2023
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Night-hawk said:
Wheelspinning said:
FarmyardPants said:
RSbandit said:
What are the thoughts on the Sea Dweller Deep Sea (James Cameron)? Really like the look of these but haven’t been following mkt v closely are prices back to a reasonable level post the Covid spike? Would be buying used but keen to understand what I should budget for a good example .
My thoughts on the JC edition are that it's one of the best-looking watches Rolex make. It's no shrinking violet, but if you like a watch with some heft/presence/feeling of (overly) engineered quality then it's a great choice.

Re price, I bought a pretty much mint example (126660, late 2020 watch) recently for roughly 12.5k after some shopping around.
Here is is your answer.

Commission to be added.

Prices have changed, the grey market must be hurting.

It's a nice watch, but in no way rare and there are loads of them out there for sale.
That’s worn with marks, a pristine one went for 12,500 a couple of days ago.
Absolutely; but that extra 25% changes it for a lot of people.

There have been plenty selling on WC for under £10k.

I'm not talking the market up or down, I just posted what the most recent used 2020 watch sold for as per the posters question.



BigBen

12,155 posts

259 months

Sunday 1st October 2023
quotequote all
FarmyardPants said:
Blown2CV said:
RSbandit said:
So £10k to £12500 depending on condition ? What were they list ?
£8000
That might be a bit misleading. The JC DS SD has been around for a while. To order one new now, you're looking at the 136660 which (I think, could be wrong) is around the £12k mark. (subject to availability smile)

edit: the question was "what were they list", my bad.

Edited by FarmyardPants on Sunday 1st October 20:05
They are about £12.5 list, slightly more than the standard black dial version. I am on the list with WoS and was offered a black dial one pretty quickly but declined. Awaiting news from both my local dealer and WoS about a JC version. I am something of a giant so need a big watch.

lowdrag

13,183 posts

242 months

Monday 2nd October 2023
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Anyone see Antiques Roadshow last night? A Rolex "Double Red" Sea Dweller 1665 from 1972, a gift from his brother. Estimated at a staggering £35,000.

Tabs

1,111 posts

301 months

Monday 2nd October 2023
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Yes, I saw that last night. To me, it didn't look correct. For a 51 year old watch, it looked about 2 years old. Obviously been back to Rolex and had many parts replaced, and totally ruined it.
As many advise on here, it should have been sympatheticly serviced by an independent to retain its patina. At least he had the original bracelet.

bordseye

2,232 posts

221 months

Monday 2nd October 2023
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Deep said:
Pretty sure they aren't plated. The question is what percentage of pure gold they are....I don't know the answer to that.
Makes the discount seen on some bimetal models compared to the plain stainless steel version of the same watch seem silly. Gold is worth more than stainless.

hungry_hog

2,895 posts

217 months

Tuesday 3rd October 2023
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bordseye said:
Makes the discount seen on some bimetal models compared to the plain stainless steel version of the same watch seem silly. Gold is worth more than stainless.
1. Even if the watch were solid gold, the value would be less than the RRP of the watch when it's a Rolex, so the metal value doesn't really come into it, unless the brand become worthless or there is an apocalypse
2. Gold is much less durable than steel, so a lot of people don't like it
3. Gold is quite flashy so a lot of people don't like it
4. Gold is heavy so a lot of people don't like it

Soleith

571 posts

118 months

Thursday 5th October 2023
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Must've burst, didn't have to wait long for this at all!

Joe M

854 posts

274 months

Friday 6th October 2023
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Just passing through Heathrow.. They have yacht masters in display to buy, and a fluted model, can't remember if it was an op or datejust.

Curv3hunter

2,190 posts

238 months

Friday 6th October 2023
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A work collogue got the call for a root beer recently too. He was really after a Batman or Pepsi but took the RB anyway.

Essarell

2,564 posts

83 months

Friday 6th October 2023
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Joe M said:
Just passing through Heathrow.. They have yacht masters in display to buy, and a fluted model, can't remember if it was an op or datejust.
I noticed the my local AD now has sport models on display, maybe I will get that call for my Polar Explorer…….

Soleith

571 posts

118 months

Friday 6th October 2023
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Curv3hunter said:
A work collogue got the call for a root beer recently too. He was really after a Batman or Pepsi but took the RB anyway.
I got the batman earlier this year, didn't take long, only a couple of months I think.

PaulJC84

1,105 posts

246 months

Saturday 7th October 2023
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Collected an Airking today, exactly 4 weeks since I noted interest in that model. No previous buying history.

McMoose

199 posts

50 months

Sunday 8th October 2023
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amidoingthisright said:
Was in town today so popped into the AD for a little amusement, 5-6 years wait for an Air King - one of their most popular pieces apparently… Presume ’my face didn’t fit’. As they’re not going for too much over list I’ll probably end up going grey. Doesn’t feel right having to traipse round all the local AD’s hoping one of them will take pity on me and ‘allow’ me to buy one.
Commiserations on your face not fitting. The Airking is actually a decent looking watch. Infinitely less common or tacky than a GMT or Submariner.



Stu-nph26

2,155 posts

134 months

Monday 9th October 2023
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Soleith said:
I got the batman earlier this year, didn't take long, only a couple of months I think.
Where from I've been waiting ages for mine?

Soleith

571 posts

118 months

Monday 9th October 2023
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Stu-nph26 said:
Where from I've been waiting ages for mine?
Watches of Switzerland, Broadgate.

Buster73

5,610 posts

182 months

Tuesday 10th October 2023
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McMoose said:
amidoingthisright said:
Was in town today so popped into the AD for a little amusement, 5-6 years wait for an Air King - one of their most popular pieces apparently… Presume ’my face didn’t fit’. As they’re not going for too much over list I’ll probably end up going grey. Doesn’t feel right having to traipse round all the local AD’s hoping one of them will take pity on me and ‘allow’ me to buy one.
Commiserations on your face not fitting. The Airking is actually a decent looking watch. Infinitely less common or tacky than a GMT or Submariner.
Never seen a Rolex Submariner described as being tacky before.

Nothing tacky about them at all imho.

Deep

2,534 posts

272 months

Tuesday 10th October 2023
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PaulJC84 said:
Collected an Airking today, exactly 4 weeks since I noted interest in that model. No previous buying history.
You might want to delete your post lol.
There's some bloke on here who has a breakdown every few months because no one will even put his name down for an Air King

RSTurboPaul

13,068 posts

287 months

Wednesday 11th October 2023
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Deep said:
PaulJC84 said:
Collected an Airking today, exactly 4 weeks since I noted interest in that model. No previous buying history.
You might want to delete your post lol.
There's some bloke on here who has a breakdown every few months because no one will even put his name down for an Air King
Not sure the chap's responses can be defined as a 'breakdown'; rather, they appear to acknowledge the emotional aspect of making a large/expensive purchase (which is exactly what 'brand names' seek to invoke and rely on when overcharging for items that obviously cost far less to make than they are sold for) and the frustrations felt when receiving treatment that is arguably pointless gatekeeping.

It seems inappropriate to mock his feelings 'because internet'.

iphonedyou

10,409 posts

186 months

Thursday 12th October 2023
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RSTurboPaul said:
Not sure the chap's responses can be defined as a 'breakdown'; rather, they appear to acknowledge the emotional aspect of making a large/expensive purchase (which is exactly what 'brand names' seek to invoke and rely on when overcharging for items that obviously cost far less to make than they are sold for) and the frustrations felt when receiving treatment that is arguably pointless gatekeeping.

It seems inappropriate to mock his feelings 'because internet'.
Can't argue with that. Nicely put.