Well this didn’t take long

[outtatime]

https://www.rolexforums.com/showthread.php?t=665136

[Aaron Shapiro]

What am I missing here?

[outtatime]

They soft-discontinued all GMTs other than the BLNR and BLRO post-Basel, so now the forum dealers, scalpers, greys and accidental speculators are going full-bore to rape and pillage. The same reason some dealers hoard old 5-digit GMTs and try to charge $25k for them.

[Aaron Shapiro]

Ahh, I thought 11k was pretty standard for secondary on a Batman these days. Then again I don't track Rolex very closely.

[Nellipj]

That’s the all black bezel, not Batman. I saw another one listed today for 14.9k. Insane.

[Aaron Shapiro]

Ahhh that makes more sense.

[Nellipj]

16.5k for a Batman.

https://www.rolexforums.com/showthread.php?t=664136

[shaneotool]

I came close to buying one a couple years ago when you could find a nice used one for $5800.

I think I’m over Rolex now though.

[Joeprez]

Rolex has become a "more money than brains" brand. Hate it because I want another Explorer II or GMT.


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[Nellipj]

Rolex has become a "more money than brains" brand. Hate it because I want another Explorer II or GMT.


Sent from my iPhone using Tapatalk

You can still get the Explorer II around 7k, but that’s still 1K more than last year.

[streetracer101]

"I have another one now so I have no use for this one". WTF.

[outtatime]

"I have another one now so I have no use for this one". WTF.

Scalper/speculator. The thing is, for private sellers, I don’t care. What bothers me are the big forum dealers who have these things they hoard from ADs (which in turn artificially decreases the supply) and then they trickle them out at absurd prices.

Basically old fashioned ticket scalpers.

[JBZ]

Rolex has become a "more money than brains" brand. Hate it because I want another Explorer II or GMT.


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5 digit Exp IIs are still reasonable. 6 digits are only reasonable when you compare them to subs and GMTs.

[matt.wu]

Lol

They have been making the black ceramic GMT forever. It’ll come back down once people stop trying to play the typical “Rolex discontinued it” game.

[Panerai7]

Something has to give. These prices aren't sustainable

[Nellipj]

You have to be special if you pull the trigger at 14.9 K on a black bezel GMT. People can ask all they want, no way they get it.

[Jeep99dad]

As long as there are people willing to pay these stupid prices, it’ll continue. To some extent, As buyers we control this. I refuse to pay these prices, and will wait to buy a sport Rolex until the bubble bursts or I get lucky and find one at a decent price

[toxicavenger]

one of our local guys paid 8200 for this same model about a month ago

[Joeprez]

Rolex has become a "more money than brains" brand. Hate it because I want another Explorer II or GMT.


Sent from my iPhone using Tapatalk

You can still get the Explorer II around 7k, but that’s still 1K more than last year.

Yeap, and I've seen them around 8k+ for a 6 digit.

[JP Chestnut]

I shoulda bought a 40mm explorer 2 with 3186 when they were $4500.

[JBZ]

I shoulda bought a 40mm explorer 2 with 3186 when they were $4500.

Up until about 2 years ago, no one gave a crap about 3185 vs. 3186 from a monetary perspective. I had a 3186 Exp II without box and papers that I sold a few years ago - got reasonable value for it, but nothing out of the ordinary due to the movement. Then someone realized that the number of 5 digit GMT's made with a 3186 is comparatively small and prices on those have gone through the roof. Even so, you can get a Exp II with a 3186 at a comparatively reasonable price. And you can still get a 3185 version for 5k, or even less if you're willing to sacrifice box and papers and pristine condition.

[Joeprez]

Wonder if Omega will offer a GMT variant of their new Seamaster soon.

[JP Chestnut]

I shoulda bought a 40mm explorer 2 with 3186 when they were $4500.

Up until about 2 years ago, no one gave a crap about 3185 vs. 3186 from a monetary perspective. I had a 3186 Exp II without box and papers that I sold a few years ago - got reasonable value for it, but nothing out of the ordinary due to the movement. Then someone realized that the number of 5 digit GMT's made with a 3186 is comparatively small and prices on those have gone through the roof. Even so, you can get a Exp II with a 3186 at a comparatively reasonable price. And you can still get a 3185 version for 5k, or even less if you're willing to sacrifice box and papers and pristine condition.

I’m actually hunting a mint/unpolished/complete Explorer 2 with the newer movement. I think it will be my next one.

I’d like a white, but I’m having a hard time finding one. I might hedge future prices increases by picking up a Black now.

[namor]

They re treating this watch like the Hess truck craze. They were a good buy for resale until they became perceived as an investment. Then everyone bought them and held them, so the natural scarcity caused by kids actually playing with them disappeared and the rarity evaporated. Beanie babies, yugioh cards, and 'discontinued' Rolexes....

The monocolor GMT may be discontinued now, but so was the Sea Dweller.

Rolex is now selling a two tone Sea Dweller with a bubble on the crystal. That means they are capable of ANYTHING

[Joeprez]

I shoulda bought a 40mm explorer 2 with 3186 when they were $4500.

Up until about 2 years ago, no one gave a crap about 3185 vs. 3186 from a monetary perspective. I had a 3186 Exp II without box and papers that I sold a few years ago - got reasonable value for it, but nothing out of the ordinary due to the movement. Then someone realized that the number of 5 digit GMT's made with a 3186 is comparatively small and prices on those have gone through the roof. Even so, you can get a Exp II with a 3186 at a comparatively reasonable price. And you can still get a 3185 version for 5k, or even less if you're willing to sacrifice box and papers and pristine condition.

I’m actually hunting a mint/unpolished/complete Explorer 2 with the newer movement. I think it will be my next one.

I’d like a white, but I’m having a hard time finding one. I might hedge future prices increases by picking up a Black now.

The black dial, 5 digit Exp II looks very nice. I'm still hoping Rolex will downside the Polar 216570, as I don't like the 5 digit Polar.