Rolex BLNR "Batman" - buy at premium?

[trowelhead]

Morning!

Rolex GMT-Master II 116710BLNR "Batman"

I'm looking to pickup one of these in the next few days. Emailed local AD and they say company wide out of stock and 2 year waiting list.

I can buy one from a local jeweller at a premium, retail was £5950, can pick one up for £7200 or so. (Unworn 2016 model apparently)

My question is, if i pay £1k+ over retail - is this justified. Is it likely to hold its price? Or am i buying something that will sell at £4k in a couple of years.

(yes i know, buy it because i like it not because it will hold its value etc etc)

Is there a price increase coming which will justify paying over the odds? And are they discontinuing this model?

There are a few available on ebay at the £6.5k mark but i'd rather buy from somewhere i trust.

Thoughts appreciated, cheers!

[trowelhead]

andy tims said:

Well I lost a few quid on the one I sold about year ago.

Did you buy at retail price or at a premium?

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GCH said:

Company wide? Perhaps they meant within their chain...ie, all watches of switzerland stores. Still, the usual dealer BS as to be expected.

Pretty much everywhere else aside from the UK they are easily available. I have seen several in the past month in ADs, brand new, no markup, and available for purchase there and then - however, they are in $US which would work out worse for you.
They - and subs too- are in short supply in the UK as everyone is hoovering them up due to the very weak pound.

This was Prestons in wilmslow, also tried Goldsmiths - they said they have 50 names on their list!

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Porsche911R said:

It might go up £600 in Feb as a price rise will have to happen in the U.K. When you look at world prices.

So maybe buying now at overs could be a good move at £6.5k as they will be £6.6k in a few months IMO.

Just think what overs will be like after the price rise !

Yep this is my justification for paying slightly over retail!

[trowelhead]

I went to view and try it on last night. One thing led to another and i bought it, lovely watches!

I don't think my Sub 14060M will get a look in now - might have to sell it!

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Buster73 said:

trowelhead said:

I went to view and try it on last night. One thing led to another and i bought it, lovely watches!

I don't think my Sub 14060M will get a look in now - might have to sell it!

How much did you end up paying for it ?

£7150



It's lovely though so i have no regrets

Edited by trowelhead on Tuesday 18th October 14:46

[trowelhead]

Buster73 said:

trowelhead said:

£7150



It's lovely though so i have no regrets

Edited by trowelhead on Tuesday 18th October 14:46

Compared with Iconic's price of £7950 it's looking like a canny buy.

[trowelhead]

So this is looking like a good buy at £7150 now with the price rises. Prices seem to have risen on C24/ebay etc...

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JapFreak786 said:

Now that I've had the watch a few days, I can confirm that I will not be selling it!! Problem is that I still want a Sub non-date, and can see why people say you'll end up with both as I can see that happening to me in a year or two..

I got lucky with the waiting list. As mentioned before I put my name down and got the watch within 5 days, it may have been a batch made/released just before Christmas? My AD only got the one in which is the one that I have. Felt strange having every member of staff say bye to me on my way out.

Edited by JapFreak786 on Wednesday 28th December 08:02

What kind of sub no date you looking for? I have a 14060m i'll likely be selling as i'm no longer wearing it after getting my BLNR.

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EmilA said:

I wish I could say yes to getting another watch now but I think i'll have a very swift divorce if I did actually buy one! But thank you for letting me know.
I won't be looking at getting a Sub non-date until 2018 if I'm honest.

Edited to add that I've changed my username from JapFreak786 to this now..

Edited by EmilA on Thursday 29th December 13:54

Ha no worries!

I think i'll be getting rid of my sub now just don't see the point i'll never wear it over the blnr.

Might px it towards a ceramic daytona, royal oak or PAM48 next year

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jonamv8 said:

Bought mine from Barbados at the right price as 'investment' or flip but thats gone out the window as im wearing it, A LOT:

Looks great!

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Briza said:

Dubai yesterday, sorry about image quality.
29,835 Dirhams, £6485

Get it bought :-)

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James_B said:

What’s the “Batman” name about then?

I was fortunate to get one of the very first of these out after buying one (drunk) in a charity auction. It was worn every day until I got my ceramic Daytona a couple of months back.

You have similar taste in watches to me then - i'm looking at a ceramic daytona next (white dial)

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kmpowell said:

Watchfinder now asking £8150 for used 2013/2014/2015 watches, £8450 for used 2016/2017, and £8750 for new unworn!

12 months ago they were grey at £7k-£7250, so I can see these continuing to only go one way.

I still love mine, and have no wish to sell it, but it's made me think about how many times and when I wear it etc.

Bloody hell!

[trowelhead]

Well i've ordered a ceramic daytona today, arriving tomorrow and may be tempted to sell my BLNR.

Should be interesting to see if i'll get any decent bids for it.

Absolutely love it but i have a feeling that i'll just end up wearing the daytona from now on...

[trowelhead]

Sad times but i might be selling my BLNR shortly

I got a ceramic daytona and as lovely as the BLNR is, i'm not wearing it anymore...

Will be an interesting experiment to see if i can sell for break even, which would essentially mean wearing a lovely watch for over a year for free.

That or i keep it as an "investment" for the long term...

[trowelhead]

Is the BLNR likely to be discontinued this year? Possible baselworld announcement?

[trowelhead]

I'm selling my BLNR soon, box and papers, 2016 model, good condition, pm me if anyone is interested before it goes on ebay / chrono 24

[trowelhead]

trowelhead said:

Morning!

Rolex GMT-Master II 116710BLNR "Batman"

I'm looking to pickup one of these in the next few days. Emailed local AD and they say company wide out of stock and 2 year waiting list.

I can buy one from a local jeweller at a premium, retail was £5950, can pick one up for £7200 or so. (Unworn 2016 model apparently)

My question is, if i pay £1k+ over retail - is this justified. Is it likely to hold its price? Or am i buying something that will sell at £4k in a couple of years.

(yes i know, buy it because i like it not because it will hold its value etc etc)

Is there a price increase coming which will justify paying over the odds? And are they discontinuing this model?

There are a few available on ebay at the £6.5k mark but i'd rather buy from somewhere i trust.

Thoughts appreciated, cheers!

Ok so when i started this thread, i bought mine for £7150 if i remember correctly. Sold it and got daytona. Sold that and would consider another blnr. Chrono24 says they bring £10,000 now!!!!!

Moral of the story, keep your SS rolexes. What a wally.

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Mansells Tash said:

Happy days, got one new in the Middle East for my son on the day he was born with his name on the papers/warranty, currently it is sat in its coffin, fully stickered up with the box, bag, receipt and papers in storage, never opened and unlikely to be for at least another 16 years.

Thats great - nicely done!!