'rare' Domino's Rolex for auction
'rare' Domino's Rolex for auction
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Re: 'rare' Domino's Rolex for auction
This watch shit just jumped the shark. These watches have been floating around the forums forever - failing to sell at 30% below comparable values. I'll gladly lose $20,000 on my collection when the Instagram fueled stupidity of this hobby goes away.
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Re: 'rare' Domino's Rolex for auction
I prefer this one...
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Re: 'rare' Domino's Rolex for auction
I have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
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Re: 'rare' Domino's Rolex for auction
Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
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Re: 'rare' Domino's Rolex for auction
....just like anything buddy!JP Chestnut wrote: ↑Sat Apr 28, 2018 9:45 amDefinitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
Whisky has killed more men than bullets, but most men would rather be full of whisky than bullets.
Winston Churchill.
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Re: 'rare' Domino's Rolex for auction
Were you on the forums circa 2000? It was really different back then. Shit, it was different three years ago. It used to be that TRF-like behavior was the exception. Now it's the rule.JDC222 wrote: ↑Sat Apr 28, 2018 9:59 am....just like anything buddy!JP Chestnut wrote: ↑Sat Apr 28, 2018 9:45 amDefinitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
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Re: 'rare' Domino's Rolex for auction
I wasn't on the forums then, no.JP Chestnut wrote: ↑Sat Apr 28, 2018 10:02 amWere you on the forums circa 2000? It was really different back then. Shit, it was different three years ago. It used to be that TRF-like behavior was the exception. Now it's the rule.JDC222 wrote: ↑Sat Apr 28, 2018 9:59 am....just like anything buddy!JP Chestnut wrote: ↑Sat Apr 28, 2018 9:45 amDefinitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
I was big in to hunting old school BMX parts, from the late 70's/early 80's. I love the old Haro number plates, Hutch pedals/cranks, Elina Lightning seats etc.
The Haro number plates are selling for $400usd + now...I bought a box of 40 for $1ea.
The Hutch pedals sell for $1100usd + now...I bought them for $80. Hutch AeroSpeed cranks $2500usd + now....I was paying $75-$120...
The Elina Lightning seats are selling for $350usd + now...I bought them for $5ea
I could sell all of the shit that I have collected and make a bunch of $$ but that's not why I started collecting it. I don't mind trading a piece, here and there but I love the memories attached...
Whisky has killed more men than bullets, but most men would rather be full of whisky than bullets.
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Re: 'rare' Domino's Rolex for auction
They really aren't "rare."
Re: 'rare' Domino's Rolex for auction
Well said. Couldn't agree more.JP Chestnut wrote: ↑Sat Apr 28, 2018 9:04 amThis watch shit just jumped the shark. These watches have been floating around the forums forever - failing to sell at 30% below comparable values. I'll gladly lose $20,000 on my collection when the Instagram fueled stupidity of this hobby goes away.
"Don't sweat the petty things and don't pet the sweaty things." - George Carlin
'rare' Domino's Rolex for auction
I'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).JP Chestnut wrote:Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
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Re: 'rare' Domino's Rolex for auction
I totally agree. I could deal with $4500 for the average used/mint five digit Rolex and twice that for something really special like my NOS Daytona. Now, you're looking at $10,000 for something ugly and common like a too-green LV.dukerules wrote: ↑Sat Apr 28, 2018 11:39 amI'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).JP Chestnut wrote:Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
The crazy thing is, no matter how much these sellers charge, some dude with too much money will buy. There seems to be no upper bound - $20,000 for a used Daytona? Sure, why not
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Re: 'rare' Domino's Rolex for auction
This.....I know I have appreciably slowed my cadence recently. When the Sinn and Seiko eventually find new homes I'll find something to go with the DSSD and then might slow to a crawl.dukerules wrote: ↑Sat Apr 28, 2018 11:39 am
I'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
Re: 'rare' Domino's Rolex for auction
I always thought there would be a niche market for these someday just like hardware store and company advertisements on old timey slipjoints.
I think it’s a bit too soon but the days of company issued milestone Rolex watches are long gone. I don’t see the market going through the roof but some fool with his money will want to collect them all someday when they are rare
But as for the increasing stupidity of this hobby year after year, I’ve been in a holding pattern with my collection for years and will likely be here forever at this rate. Back to modding the occasional seiko for fun.
I think it’s a bit too soon but the days of company issued milestone Rolex watches are long gone. I don’t see the market going through the roof but some fool with his money will want to collect them all someday when they are rare
But as for the increasing stupidity of this hobby year after year, I’ve been in a holding pattern with my collection for years and will likely be here forever at this rate. Back to modding the occasional seiko for fun.
Last edited by sierra11b on Sat Apr 28, 2018 3:38 pm, edited 1 time in total.
Re: 'rare' Domino's Rolex for auction
I see 20K Daytonas all the time on WR. Just don't get it...JP Chestnut wrote: ↑Sat Apr 28, 2018 11:53 amI totally agree. I could deal with $4500 for the average used/mint five digit Rolex and twice that for something really special like my NOS Daytona. Now, you're looking at $10,000 for something ugly and common like a too-green LV.dukerules wrote: ↑Sat Apr 28, 2018 11:39 amI'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).JP Chestnut wrote:Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
The crazy thing is, no matter how much these sellers charge, some dude with too much money will buy. There seems to be no upper bound - $20,000 for a used Daytona? Sure, why not
Re: 'rare' Domino's Rolex for auction
And they move. Or at least we assume they do because they’re marked “sold”BlueSky wrote: ↑Sat Apr 28, 2018 3:37 pmI see 20K Daytonas all the time on WR. Just don't get it...JP Chestnut wrote: ↑Sat Apr 28, 2018 11:53 amI totally agree. I could deal with $4500 for the average used/mint five digit Rolex and twice that for something really special like my NOS Daytona. Now, you're looking at $10,000 for something ugly and common like a too-green LV.dukerules wrote: ↑Sat Apr 28, 2018 11:39 amI'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).JP Chestnut wrote:Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
The crazy thing is, no matter how much these sellers charge, some dude with too much money will buy. There seems to be no upper bound - $20,000 for a used Daytona? Sure, why not
The stickerd 16710 w/3186 at >$15000 gone in a flash. It’s crazy.
I wonder if some of these sales are just ghost ads to increase prices?
The small details commanding huge $$$$ and who/what sets the precedence is what always baffled me with Rolex. A slightly different font on an LV seperates all the many “Mk versions” of that watch by thousands. Float the word “cosmograph” one line below the other lettering and command tens of thousands. Discuss the handful of various milgauss GV dials over the years and crickets.
Last edited by sierra11b on Sat Apr 28, 2018 3:54 pm, edited 1 time in total.
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Re: 'rare' Domino's Rolex for auction
Some and some I think. I don’t trust these forum sellers at all - most are total hustlers. On the other hand, very many stupid rich guys out there. Just look at TRFsierra11b wrote: ↑Sat Apr 28, 2018 3:47 pmAnd they move. Or at least we assume they do because they’re marked “sold”BlueSky wrote: ↑Sat Apr 28, 2018 3:37 pmI see 20K Daytonas all the time on WR. Just don't get it...JP Chestnut wrote: ↑Sat Apr 28, 2018 11:53 amI totally agree. I could deal with $4500 for the average used/mint five digit Rolex and twice that for something really special like my NOS Daytona. Now, you're looking at $10,000 for something ugly and common like a too-green LV.dukerules wrote: ↑Sat Apr 28, 2018 11:39 amI'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).JP Chestnut wrote:Some and some I think. I don’t trust these forum sellers at all - most are total hustlers. On the other hand, very many stupid rich guys out there. Just look at TRF.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
The crazy thing is, no matter how much these sellers charge, some dude with too much money will buy. There seems to be no upper bound - $20,000 for a used Daytona? Sure, why not
The stickerd 16710 w/3186 at >$15000 gone in a flash. It’s crazy.
I wonder if some of these sales are just ghost ads to increase prices?
Re: 'rare' Domino's Rolex for auction
Summed up well. It's a much less fun hobby when people are just looking to play to hype.dukerules wrote:I'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).JP Chestnut wrote:Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
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Re: 'rare' Domino's Rolex for auction
And increasingly many people in this hobby don't know shit about watches. They're just another expensive thing to flaunt.matt.wu wrote: ↑Sat Apr 28, 2018 5:23 pmSummed up well. It's a much less fun hobby when people are just looking to play to hype.dukerules wrote:I'll be honest, as this hobby has become popular, fueled in large part by instagram and speculators trying to turn big profits, it's become a lot less fun for me. Everything these days is so damn expensive, and there really isn't a good reason for that, apart from the fact that many people are willing to pay the inflated prices. I love vintage watches, but I'm not playing that game any longer, and I've sold all of mine except for one 6309 ( which I'm pretty sure will be worth 3 times what I paid for it in a couple of years).JP Chestnut wrote:Definitely. I’ve even seen people trying to hype “Swiss only” dials on A serial five digit Rolex.toxicavenger wrote: ↑Sat Apr 28, 2018 9:38 amI have seen these for sale around 1500 years ago and no one wanted one. I think sellers are trying to create hype to pull more money in
This was a better hobby when every seller wasn’t trying to extract the most money possible from everyone.
And the manufacturers are just as guilty. Much of the good new stuff-Rolex being one example-is just too much for me to believe in many cases. $8500 retail for a ceramic Submariner is, really, a freaking joke.
I guess I just have to be happy with what I have. Crazy thing is I sold most of my good stuff (Fifty Fathoms, 114060, snowflake, NSA, 1665, some nice vintage Seikos, plenty of other nice stuff that escapes me right now) as I didn't want so much money tied up in watches. Now I don't think I could afford to get any of those back.
Re: 'rare' Domino's Rolex for auction
^^^ And the folks who know and love watches are being priced out of the hobby.
Re: 'rare' Domino's Rolex for auction
Sorry to sound like an old timer, but today's prices seem high only because of when you got into watches. I remember paying $3,000 for a 16613 and thinking it was crazy money to spend on a Rolex, since my steel sub was much cheaper. It was all those damned Wall St guys jumping on the submariner bandwagon we said at the time!
The merry-go-round keeps turning, and buyers of today will no doubt lament things when a 2025 No Date Sub costs $15,000....
The merry-go-round keeps turning, and buyers of today will no doubt lament things when a 2025 No Date Sub costs $15,000....
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Re: 'rare' Domino's Rolex for auction
Look at a $40,000 car now versus a $20,000 car ten years ago. A new sub represented about 25% of the cost of each. That car is looking like a much more enjoyable buy now than it did then.
These watches aren’t worth $20,000. Thats a fucking enormous amount of money and the only reason people are willing to spend it is because they think the watch will go up astronomically in price over the years. It sucks ass. Vintage is worse, of course (fakes, made up full sets, laser welded unpolished watches, etc all costing as much as a down payment on a house).
These watches aren’t worth $20,000. Thats a fucking enormous amount of money and the only reason people are willing to spend it is because they think the watch will go up astronomically in price over the years. It sucks ass. Vintage is worse, of course (fakes, made up full sets, laser welded unpolished watches, etc all costing as much as a down payment on a house).
Re: 'rare' Domino's Rolex for auction
The problem is us hobbyists were the only ones to recognize it as such (when birth year snowflakes were <$2k) when “hobby” never was in th Swiss vocabulary. Seems it’s not in the Japanese vocabulary either... I’ll have to ask the wife. They’ve past us by and haven’t looked back.
Re: 'rare' Domino's Rolex for auction
And a new car today brings a lot of new technology and safety to the table vs 10 years ago. A Sub has barely changed.JP Chestnut wrote: ↑Sat Apr 28, 2018 8:15 pmLook at a $40,000 car now versus a $20,000 car ten years ago. A new sub represented about 25% of the cost of each. That car is looking like a much more enjoyable buy now than it did then.
These watches aren’t worth $20,000. Thats a fucking enormous amount of money and the only reason people are willing to spend it is because they think the watch will go up astronomically in price over the years. It sucks ass. Vintage is worse, of course (fakes, made up full sets, laser welded unpolished watches, etc all costing as much as a down payment on a house).
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Re: 'rare' Domino's Rolex for auction
That was the subtext of my point. A $20,000 car in 2008 would be a total piece of shit today. I'm buying my wife a new $40,000ish SUV right now. Those things are amazingly nice. Way nicer than even a $60,000 car ten years ago.dnslater wrote: ↑Sun Apr 29, 2018 11:20 amAnd a new car today brings a lot of new technology and safety to the table vs 10 years ago. A Sub has barely changed.JP Chestnut wrote: ↑Sat Apr 28, 2018 8:15 pmLook at a $40,000 car now versus a $20,000 car ten years ago. A new sub represented about 25% of the cost of each. That car is looking like a much more enjoyable buy now than it did then.
These watches aren’t worth $20,000. Thats a fucking enormous amount of money and the only reason people are willing to spend it is because they think the watch will go up astronomically in price over the years. It sucks ass. Vintage is worse, of course (fakes, made up full sets, laser welded unpolished watches, etc all costing as much as a down payment on a house).
The new $20,000 street price Daytona is a dial swap and a snap on bezel added to the previous version, which debuted in the year 2000. Yet people are willing to wait 10 years to buy at MSRP. It's insanity and I can't imagine that it will continue forever, despite everyone seemingly being sure that it will.
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