Is there a Rolex bubble?

Is there a Rolex bubble?

Author
Discussion

trowelhead

1,867 posts

121 months

Monday 27th August 2018
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LaurasOtherHalf said:
Plenty of options on eBay, not sure on how durable they would be (you wouldn't want it dropping off your wrist for instance) however I've currently put up the bulk of my collection for liquidation so I never got to try it. I feel the time is right.
I agree with you and was toying with selling mine. However not much point. Max loss £5-7k not going to be end of world.

If i had multiple watches i probably would sell around now - good shout

So

Original Poster:

26,287 posts

222 months

Monday 27th August 2018
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LaurasOtherHalf said:
trowelhead said:
LaurasOtherHalf said:
If I'm going to keep my Daytona I think I'm going to put it on a rubber oysterfelx copy with an after market deployment.
Brilliant idea, might do the same for a change. Any idea where to pick one up?
Plenty of options on eBay, not sure on how durable they would be (you wouldn't want it dropping off your wrist for instance) however I've currently put up the bulk of my collection for liquidation so I never got to try it. I feel the time is right.
Which ones are you selling and why do you feel the time is right?

LaurasOtherHalf

21,429 posts

196 months

Tuesday 28th August 2018
quotequote all
So said:
LaurasOtherHalf said:
trowelhead said:
LaurasOtherHalf said:
If I'm going to keep my Daytona I think I'm going to put it on a rubber oysterfelx copy with an after market deployment.
Brilliant idea, might do the same for a change. Any idea where to pick one up?
Plenty of options on eBay, not sure on how durable they would be (you wouldn't want it dropping off your wrist for instance) however I've currently put up the bulk of my collection for liquidation so I never got to try it. I feel the time is right.
Which ones are you selling and why do you feel the time is right?
Not sure where we stand on that on PH as posts alluding to be adverts are banned, however I’ve posted about which watches I’ve got so not difficult to find out.

I will definitely be keeping 3, the ones that hold sentimental value and one which is just my plain favourite.

As for the time to sell? Look at other investor markets-sales are heavily down this summer across the board however the bubble market is in full swing.

Rare whiskies, watches, wines and cars are being pounced on by the general public who armed with only a little knowledge have flooded into the market-it’s the very epitome of a tulip market.

I’m not saying I’m right by any stretch of the imagination but it feels like the right time for me. I aim to liquidate the collection by Christmas this year. I hasten to add that a friend and fellow collector is still investing heavily and disagrees with my timing as he believes Brexit will push the rise to continue, you pays your money and takes your chances...

If I’m wrong and prices continue to rise I don’t feel I can complain, as nice as ceramic Daytonas, BLNRs, Pepsis etc etc are they aren’t my favourites and flipping them has been fun.

Once it’s all sorted, I do plan to write a thread detailing the process.

So

Original Poster:

26,287 posts

222 months

Tuesday 28th August 2018
quotequote all
LaurasOtherHalf said:
Not sure where we stand on that on PH as posts alluding to be adverts are banned, however I’ve posted about which watches I’ve got so not difficult to find out.

I will definitely be keeping 3, the ones that hold sentimental value and one which is just my plain favourite.

As for the time to sell? Look at other investor markets-sales are heavily down this summer across the board however the bubble market is in full swing.

Rare whiskies, watches, wines and cars are being pounced on by the general public who armed with only a little knowledge have flooded into the market-it’s the very epitome of a tulip market.

I’m not saying I’m right by any stretch of the imagination but it feels like the right time for me. I aim to liquidate the collection by Christmas this year. I hasten to add that a friend and fellow collector is still investing heavily and disagrees with my timing as he believes Brexit will push the rise to continue, you pays your money and takes your chances...

If I’m wrong and prices continue to rise I don’t feel I can complain, as nice as ceramic Daytonas, BLNRs, Pepsis etc etc are they aren’t my favourites and flipping them has been fun.

Once it’s all sorted, I do plan to write a thread detailing the process.
Fair enough. I have wondered about moving on some things that have increased in value and which are of little interest to me.

How do you plan to dispose? Chrono 24?

LaurasOtherHalf

21,429 posts

196 months

Tuesday 28th August 2018
quotequote all
I have a trusted dealer (ex-AD) who is a mate and I’ve agreed a deal that will suit us both. He also advertises on C24

So

Original Poster:

26,287 posts

222 months

Tuesday 28th August 2018
quotequote all
LaurasOtherHalf said:
I have a trusted dealer (ex-AD) who is a mate and I’ve agreed a deal that will suit us both. He also advertises on C24
I am thinking C24. My eBay experience of selling watches has not been a happy one.

jonny996

2,616 posts

217 months

Tuesday 28th August 2018
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I'm looking for a used one for my wife (1969 or 1995 year), I see you mention chrono24, I have been looking there & watchfinder. Are there any other sites worth looking at?

So

Original Poster:

26,287 posts

222 months

Tuesday 28th August 2018
quotequote all
jonny996 said:
I'm looking for a used one for my wife (1969 or 1995 year), I see you mention chrono24, I have been looking there & watchfinder. Are there any other sites worth looking at?
Fleabay? Probably better for buyers than sellers. But I would want to see the item in the flesh.