Today dealers who are buying John Mayer Daytonas are at about $60-65k. The price drop is way worse than 99% of people on here actually knows mainly because most people on here don't actually know real traders, they just look at chrono24 pricing for most of their day and gawk at pricing. Remember that nothing was available from about 2018 and on. We're barely back down to about June 2021 prices. A watch that took 2 text messages may take 2 days instead.ĭon't take this as the sky is falling either. This will not affect retail market #s for awhile as all ADs have a crazy back log of majority of sports models. This year is the 50th anniversary of AP's Royal Oak, people are still logging $100,000 or more in spend to have a shot at a 50th anniversary version, RM has an order list that is like 10 years deep and Rolex does too. ![]() Not all models but you can see the significant drop off.ĭon't expect to see stock in ADs for. It was already a miracle that secondary watch market kept rising in Q1 of 2022 despite stocks being down. Pateks will always be eaten up by the ultra rich because recessions don’t change their spending habits.Ĭrypto is down, stock market took a huge dip since January. Luxury brands that don’t limit production for exclusivity (Patek vs Rolex) will see more inventory coming through ADs. Just like crypto, stocks, and the housing market. We are still early on in the recession and all should anticipate things to get worse. ![]() So to answer your question - yes this is a sign of things to come. This new luxury Swiss watch movement specifically Rolex has created a new type of collector who is now a “Rolex Head” so Batman, Pepsi, Steel Daytona, Sub will all still be hard to find in case but wait times may go down substantially. I can promise you that you will start seeing less popular models popping up at ADs in the coming months/years. He will undoubtedly be in here soon to explain how you shouldn’t anticipate anything changing at ADs and how going grey is always a good move because you don’t have to wait. He is by no means the authority on all things Rolex just because he has the loudest voice. Sidebar photo idea courtesy of /u/omega703įirst mistake is asking Sport for his opinion. If you're looking to buy a Rolex online, try this list of well-known sellers. "Hi I'm Steve from RandomStrapCo, here are some pics of our new strap" is 100% fine, but thinly-veiled promotional posts from throwaways are not appreciated and will be removed. Promotional posts from vendors are fine, as long as you're upfront about who you are, participate in some discussion, and don't spam the sub with multiple threads. And no posts from toilets or moving cars, you savages! Memes and shitposts will generally be deleted unless they're actually funny or create relevant discussion. Posts that are easily Google-able will be removed at mods' discretion, as well as basic questions that have been frequently asked in the past (such as, " Are Rolex watches good investments?"). This is a place to discuss Rolex and Tudor watches. Contests and/or giveaways must be cleared with the mods before being posted. There are subreddits and websites that are dedicated to buying/selling watches, including /r/WatchExchange. Questions about particular watches being real/fake should go in the stickied Monthly Watch Verification thread and not a new thread.Īt this time, buying/selling threads are not permitted. This is the oldest rule of this community, kept in place since the beginning. Replica/fake/counterfeit watch posts and discussion are explicitly forbidden, aside from text posts about how to identify and avoid fakes. Report any comments that break this basic rule. ![]() No personal attacks, even if you think a user's model is dubious. Reddit's go-to source for news and discussion about Rolex and Tudor watches.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |