Has the Rolex bubble finally burst? Perhaps it has
Discussion
Amusingly, a few days ago WF offered me less than £8,000 for my mint, full set, 2019 black dial ceramic Daytona. Opportunism at its most blatant and worst I think. I sold it privately for just over £18,000 which went towards my new red gold FF, which itself was down from over £28,000 to £20,000. Crazy times.
Skyman said:
Amusingly, a few days ago WF offered me less than £8,000 for my mint, full set, 2019 black dial ceramic Daytona. Opportunism at its most blatant and worst I think. I sold it privately for just over £18,000 which went towards my new red gold FF, which itself was down from over £28,000 to £20,000. Crazy times.
What's an FF?Saweep said:
Skyman said:
Amusingly, a few days ago WF offered me less than £8,000 for my mint, full set, 2019 black dial ceramic Daytona. Opportunism at its most blatant and worst I think. I sold it privately for just over £18,000 which went towards my new red gold FF, which itself was down from over £28,000 to £20,000. Crazy times.
What's an FF?
Apologies, Blancpain Fifty Fathoms.
Skyman said:
Saweep said:
Skyman said:
Amusingly, a few days ago WF offered me less than £8,000 for my mint, full set, 2019 black dial ceramic Daytona. Opportunism at its most blatant and worst I think. I sold it privately for just over £18,000 which went towards my new red gold FF, which itself was down from over £28,000 to £20,000. Crazy times.
What's an FF?Apologies, Blancpain Fifty Fathoms.
Skyman said:
Saweep said:
Skyman said:
Amusingly, a few days ago WF offered me less than £8,000 for my mint, full set, 2019 black dial ceramic Daytona. Opportunism at its most blatant and worst I think. I sold it privately for just over £18,000 which went towards my new red gold FF, which itself was down from over £28,000 to £20,000. Crazy times.
What's an FF?Apologies, Blancpain Fifty Fathoms.
Skyman said:
Amusingly, a few days ago WF offered me less than £8,000 for my mint, full set, 2019 black dial ceramic Daytona. Opportunism at its most blatant and worst I think. I sold it privately for just over £18,000 which went towards my new red gold FF, which itself was down from over £28,000 to £20,000. Crazy times.
idiotic from them First to make such a low offer
Second to assume you wouldn't check the value
I presume you won't be darkening their door any time soon
Any thoughts on the following:
126300 Black dial on an Oyster strap, £6,500
I got my name down on a Daytona but the AD has offered me one of these as the Daytona is still not avaialble to them.
I'm tempted as it is a simple, classic, pretty much timeless (excuse the pun).
At the other end of the scale, she showed me a White Gold / Olive Day Date - which I absolutely LOVE - just don't have £30k+ to put into a watch now... and a grey Skydweller at similar (I'm on th list for the blue 326p34).
Have prev got a root beer from them and a 126710blnr pretty much as soon as it was released (both for my work collegue). SO not a requirement to have to buy regular models to get 'higher' on the list.
126300 Black dial on an Oyster strap, £6,500
I got my name down on a Daytona but the AD has offered me one of these as the Daytona is still not avaialble to them.
I'm tempted as it is a simple, classic, pretty much timeless (excuse the pun).
At the other end of the scale, she showed me a White Gold / Olive Day Date - which I absolutely LOVE - just don't have £30k+ to put into a watch now... and a grey Skydweller at similar (I'm on th list for the blue 326p34).
Have prev got a root beer from them and a 126710blnr pretty much as soon as it was released (both for my work collegue). SO not a requirement to have to buy regular models to get 'higher' on the list.
Meeten-5dulx said:
Any thoughts on the following:
126300 Black dial on an Oyster strap, £6,500
I got my name down on a Daytona but the AD has offered me one of these as the Daytona is still not avaialble to them.
I'm tempted as it is a simple, classic, pretty much timeless (excuse the pun).
At the other end of the scale, she showed me a White Gold / Olive Day Date - which I absolutely LOVE - just don't have £30k+ to put into a watch now... and a grey Skydweller at similar (I'm on th list for the blue 326p34).
Have prev got a root beer from them and a 126710blnr pretty much as soon as it was released (both for my work collegue). SO not a requirement to have to buy regular models to get 'higher' on the list.
nice watch but isn't that above list?126300 Black dial on an Oyster strap, £6,500
I got my name down on a Daytona but the AD has offered me one of these as the Daytona is still not avaialble to them.
I'm tempted as it is a simple, classic, pretty much timeless (excuse the pun).
At the other end of the scale, she showed me a White Gold / Olive Day Date - which I absolutely LOVE - just don't have £30k+ to put into a watch now... and a grey Skydweller at similar (I'm on th list for the blue 326p34).
Have prev got a root beer from them and a 126710blnr pretty much as soon as it was released (both for my work collegue). SO not a requirement to have to buy regular models to get 'higher' on the list.
hungry_hog said:
Meeten-5dulx said:
Any thoughts on the following:
126300 Black dial on an Oyster strap, £6,500
I got my name down on a Daytona but the AD has offered me one of these as the Daytona is still not avaialble to them.
I'm tempted as it is a simple, classic, pretty much timeless (excuse the pun).
At the other end of the scale, she showed me a White Gold / Olive Day Date - which I absolutely LOVE - just don't have £30k+ to put into a watch now... and a grey Skydweller at similar (I'm on th list for the blue 326p34).
Have prev got a root beer from them and a 126710blnr pretty much as soon as it was released (both for my work collegue). SO not a requirement to have to buy regular models to get 'higher' on the list.
nice watch but isn't that above list?126300 Black dial on an Oyster strap, £6,500
I got my name down on a Daytona but the AD has offered me one of these as the Daytona is still not avaialble to them.
I'm tempted as it is a simple, classic, pretty much timeless (excuse the pun).
At the other end of the scale, she showed me a White Gold / Olive Day Date - which I absolutely LOVE - just don't have £30k+ to put into a watch now... and a grey Skydweller at similar (I'm on th list for the blue 326p34).
Have prev got a root beer from them and a 126710blnr pretty much as soon as it was released (both for my work collegue). SO not a requirement to have to buy regular models to get 'higher' on the list.
Apparently 7,300EUR is the official PRICE, but I'm getting a 300eur discount.... I added delivery and converted to GBP. I prefer blue and fluted dial, so not too fussed, especially if it over list (here).
Just saw price of Skydweller.
It is £32,300 here on a leather strap whilst it's 37,300EUR out there! Slate on black leather, with some negotiation works out at £31,000 dependent on ex rate achieved (I just used Google, so prob higher). Not powerful director status, so a no go as its not the one I want. If anyone does want this from an official dealer with 5yr int guarantee, send me a pm and I can pass details.
I'm in line for blue in metal so happy to hold fire till that is available (whenever that is!!!)
Edited by Meeten-5dulx on Friday 3rd July 00:44
hungry_hog said:
Skyman said:
Amusingly, a few days ago WF offered me less than £8,000 for my mint, full set, 2019 black dial ceramic Daytona. Opportunism at its most blatant and worst I think. I sold it privately for just over £18,000 which went towards my new red gold FF, which itself was down from over £28,000 to £20,000. Crazy times.
idiotic from them First to make such a low offer
Second to assume you wouldn't check the value
I presume you won't be darkening their door any time soon
TSS said:
WF just love making funny offers. I don't know how they manage to buy any stock. I got an offer on a Rolex from them last month which was stupidly low. I sold it to another dealer for 41% more which equated to quite a considerable amount of money.
It's a simple sign that they have far TOO MUCH stock and will only buy in at comedy low prices.On the basis of these prices: https://www.phillips.com/auctions/auction/CH080120...
I would say the bubble continues to inflate.
In that auction there was a £2.8million Patek, and a £840,000 Rolex
Whole swathes of Daytonas went for £50k
The gossip is that a large amount of dodgy money inflates and greases the watch auction market, some say 20% of the money.....
The_Doc said:
On the basis of these prices: https://www.phillips.com/auctions/auction/CH080120...
I would say the bubble continues to inflate.
In that auction there was a £2.8million Patek, and a £840,000 Rolex
Whole swathes of Daytonas went for £50k
The gossip is that a large amount of dodgy money inflates and greases the watch auction market, some say 20% of the money.....
The whole thing is just money laundering from what I've heard. US folk trying to get money into the EU, and then likely using the auctions as proof of value in which to secure loans against the new value. I would say the bubble continues to inflate.
In that auction there was a £2.8million Patek, and a £840,000 Rolex
Whole swathes of Daytonas went for £50k
The gossip is that a large amount of dodgy money inflates and greases the watch auction market, some say 20% of the money.....
£28k for a BLRO, lol.
Perhaps I'm dense, but I don't see how it could be money laundering.
I'm assuming that the auction house doesn't allow winning bidders to pay in cash (at least not over £7,500 if I remember the transaction limits correctly): the money they take for a watch must already be in the system, so to speak.
I'm assuming that the auction house doesn't allow winning bidders to pay in cash (at least not over £7,500 if I remember the transaction limits correctly): the money they take for a watch must already be in the system, so to speak.
I'm looking to buy a new Rolex Oyster Perpetual Sea-Dweller Deepsea M126660-0001 or the James Cameron Blue Sea-Dweller Deepsea M126660-0002 - is there any chance of finding either one of these at a Rolex authorised dealer? I've contacted a couple of dealers but they advised that they are not taking any further registrations of interest.
Any guidance very much appreciated!
Any guidance very much appreciated!
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