Rolex Sport model preowned pricing

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ericf4
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Rolex Sport model preowned pricing

Post by ericf4 » Sun Apr 08, 2018 10:52 am

Damn the prices on secondhand market for sub c and explorer 42mm etc have me thinking I may flip a few of mine, grab a nice profit and get into other pieces. I can't believe sub c are selling for 7000 to 7500 now. Seems only a year back they were in the 5's. May be selling time. Just not sure.

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caesarmascetti
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Re: Rolex Sport model preowned pricing

Post by caesarmascetti » Sun Apr 08, 2018 11:00 am

I'm biased but I'd sell the SubC and buy the seadweller 16600, just my opinion. I think that model will start to rise, plus no cyclops wearing mine as I type

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Re: Rolex Sport model preowned pricing

Post by hoppyjr » Sun Apr 08, 2018 11:01 am

My 216570 Explorer II White dial is going up this week.

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Re: Rolex Sport model preowned pricing

Post by ericf4 » Sun Apr 08, 2018 11:02 am

hoppyjr wrote:My 216570 Explorer II White dial is going up this week.
Yeah I also have that one. Great time to make some $$$ on these.

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flyskate
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Re: Rolex Sport model preowned pricing

Post by flyskate » Mon Apr 09, 2018 2:20 am

Like my Sub too much to let it go.
Stephen

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Re: Rolex Sport model preowned pricing

Post by rain_maker » Mon Apr 09, 2018 5:46 am

ericf4 wrote:
Sun Apr 08, 2018 10:52 am
Damn the prices on secondhand market for sub c and explorer 42mm etc have me thinking I may flip a few of mine, grab a nice profit and get into other pieces. I can't believe sub c are selling for 7000 to 7500 now. Seems only a year back they were in the 5's. May be selling time. Just not sure.

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I hear ya ... I could make a profit selling my GMT for what they're going for now.

The only problem is, it will (probably) cost me more if I want to reaquire it later. Seems like Rolex rarely have a price correction...

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Re: Rolex Sport model preowned pricing

Post by sierra11b » Mon Apr 09, 2018 5:53 am

I’m wanting another back now. Convincing myself they’re too expensive and that having to sell two to get that Rolex back has been easier than I thought.

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Re: Rolex Sport model preowned pricing

Post by Jcp311 » Wed Apr 11, 2018 11:01 am

I think Rolex strangling some of it's AD's and limiting supply to the ones it wants to keep around have something to do with this. Grey market guys are selling new SS sport models ABOVE their skin price.
Way too many watches

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Re: Rolex Sport model preowned pricing

Post by JP Chestnut » Wed Apr 11, 2018 11:04 am

No dealers have ready supply.

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Re: Rolex Sport model preowned pricing

Post by JBZ » Wed Apr 11, 2018 12:51 pm

The pre-owned Rolex market (both modern and vintage) has gone completely nuts. If I had known this was going to happen five years ago...
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Re: Rolex Sport model preowned pricing

Post by hidden by leaves » Wed Apr 11, 2018 1:50 pm

Yep. I'm seeing more of these discussions everywhere and lots of guys cashing out... some of them are really pushing it, but if people pay then the bar just gets higher. It's a bit false though as we rarely know what pieces sell for, and people justify asking prices by looking at other asking prices... SS Daytonas (non-ceramic) seem to be the latest "hits". Guy on the Canadian Watch Collector forum has his listed for CAD $28,500...
Send lawyers, guns and money...

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Re: Rolex Sport model preowned pricing

Post by hoppyjr » Wed Apr 11, 2018 4:53 pm

When I picked up the Explorer my AD said likely no more stainless sport models until summer or later.

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Re: Rolex Sport model preowned pricing

Post by rain_maker » Wed Apr 11, 2018 5:57 pm

Shit - maybe I should sell and cash out. So many watches, so little funds...

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Re: Rolex Sport model preowned pricing

Post by shaneotool » Thu Apr 12, 2018 6:46 am

hoppyjr wrote:
Wed Apr 11, 2018 4:53 pm
When I picked up the Explorer my AD said likely no more stainless sport models until summer or later.
Does anyone know why exactly?

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Re: Rolex Sport model preowned pricing

Post by Panerai7 » Thu Apr 12, 2018 7:01 am

shaneotool wrote:
Thu Apr 12, 2018 6:46 am
hoppyjr wrote:
Wed Apr 11, 2018 4:53 pm
When I picked up the Explorer my AD said likely no more stainless sport models until summer or later.
Does anyone know why exactly?
Hopefully to identify and combat grey dealers

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Re: Rolex Sport model preowned pricing

Post by JP Chestnut » Thu Apr 12, 2018 7:14 am

Come on davidsw is everybody’s best friend!

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Re: Rolex Sport model preowned pricing

Post by ericf4 » Thu Apr 12, 2018 7:17 am

i have no prob with grey market dealers....
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Re: Rolex Sport model preowned pricing

Post by JP Chestnut » Thu Apr 12, 2018 7:33 am

ericf4 wrote:
Thu Apr 12, 2018 7:17 am
i have no prob with grey market dealers....
That’s because you buy zenith watches.

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Re: Rolex Sport model preowned pricing

Post by Panerai7 » Thu Apr 12, 2018 7:38 am

JP Chestnut wrote:
Thu Apr 12, 2018 7:14 am
Come on davidsw is everybody’s best friend!
I have no problem with TRF trusted dealers selling used watches. I have a problem with them selling BNIB 12K Daytona for 20K with stickers and open warranty cards, all while people have been standing in line for over 2 years with their AD and no Daytona in sight.

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Re: Rolex Sport model preowned pricing

Post by JP Chestnut » Thu Apr 12, 2018 7:41 am

Panerai7 wrote:
Thu Apr 12, 2018 7:38 am
JP Chestnut wrote:
Thu Apr 12, 2018 7:14 am
Come on davidsw is everybody’s best friend!
I have no problem with TRF trusted dealers selling used watches. I have a problem with them selling BNIB 12K Daytona for 20K with stickers and open warranty cards, all while people have been standing in line for over 2 years with their AD and no Daytona in sight.
I’ve always assumed that the ADs sell directly to the greys, though they might be more careful now.

My problem is that they distort the used watch market and provide almost no value.

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Re: Rolex Sport model preowned pricing

Post by Panerai7 » Thu Apr 12, 2018 7:44 am

JP Chestnut wrote:
Thu Apr 12, 2018 7:41 am
Panerai7 wrote:
Thu Apr 12, 2018 7:38 am
JP Chestnut wrote:
Thu Apr 12, 2018 7:14 am
Come on davidsw is everybody’s best friend!
I have no problem with TRF trusted dealers selling used watches. I have a problem with them selling BNIB 12K Daytona for 20K with stickers and open warranty cards, all while people have been standing in line for over 2 years with their AD and no Daytona in sight.
I’ve always assumed that the ADs sell directly to the greys, though they might be more careful now.

My problem is that they distort the used watch market and provide almost no value.
Yep, that's why I said hopefully to identify and combat, ultimately start yanking Rolex AD-ship from those who sell straight to "trusted" dealers

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Re: Rolex Sport model preowned pricing

Post by shaneotool » Thu Apr 12, 2018 7:55 am

I wonder if Rolex is really having production issues or if this a strategy of some sort.

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Re: Rolex Sport model preowned pricing

Post by shaneotool » Thu Apr 12, 2018 7:57 am

JP Chestnut wrote:
Thu Apr 12, 2018 7:41 am
Panerai7 wrote:
Thu Apr 12, 2018 7:38 am
JP Chestnut wrote:
Thu Apr 12, 2018 7:14 am
Come on davidsw is everybody’s best friend!
I have no problem with TRF trusted dealers selling used watches. I have a problem with them selling BNIB 12K Daytona for 20K with stickers and open warranty cards, all while people have been standing in line for over 2 years with their AD and no Daytona in sight.
I’ve always assumed that the ADs sell directly to the greys, though they might be more careful now.

My problem is that they distort the used watch market and provide almost no value.
I bought my 216570 from a "trusted seller" last year. the watch had all the stickers on it and my name on the card. I'd say your assumption is correct.

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Re: Rolex Sport model preowned pricing

Post by ericf4 » Thu Apr 12, 2018 8:03 am

JP Chestnut wrote:
Thu Apr 12, 2018 7:33 am
ericf4 wrote:
Thu Apr 12, 2018 7:17 am
i have no prob with grey market dealers....
That’s because you buy zenith watches.
Nah just not one to get my panties in a bunch over this.
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Re: Rolex Sport model preowned pricing

Post by logan2z » Thu Apr 12, 2018 4:21 pm

This is the sort of thing that continues to keep me away from Rolex. I don't want to have to play games to spend my money on something. I want to walk into an AD, hand him my credit card and walk out with my shiny new watch. A week or two delay if the watch isn't in stock is ok and I obviously expect a longer wait if the watch hasn't started shipping yet. But I'm not prepared to wait years for a regular production piece that's already been released to the market. I prefer to deal with manufacturers who actually have some motivation to sell me something.

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