It will be like the hundreds I have dealt with and either buyers remorse or freeing up cash
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FXD, BB 54 and P39 in the window of goldsmiths in church street Liverpool.
BB58 gold looked awful too in DM robinson.
https://www.watchcollecting.com/for-...x-submariner-5
First time in along time I have seen a used ceramic sub sell for below cost of a new one.(yes there is a 6% buyer fee) but it does seem the premium for Rolex subs is fast evaporating.
Someone I know went into the AD that he deals with to look at a watch that had been sold, but he wanted to get an idea of what it was like. Whilst he was there they said they had a watch in the safe that hadn’t been sold and turned out it was the 41mm OP celebration dial. They said not one had asked about it and therefore he could have it. Said it had to go in the window for a month but it was his, so he agreed to buy it. Whether anyone could have got it I don’t know as he buys a lot from them.
The two I declined in 2012 and 13 due to hideous case / lugs bracelet proportions were £5000.
Does look to have some reasonable priced watches on that site
No idea what the standard is these days, but this was the first time I looked at a Rolex AD window in a year or so and I was surprised to see two Explorer II, two steel Datejusts, a Day-date and a few bi-colour Subs and GMTIIs.
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I despair
A couple of Skydwellers for sale in the window of Mappin & Webb in Kingston.plus another.
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Nothing worth driving to Kingston in that window…..all the usual undesirable references and anything that is actually sought after is still in very short supply vs true market demand.
What references are actually sought after at the moment. GMT, Daytona?
Just type in Rolex in eBay and filter completed listings. Quite a lot go unsold but the ones selling with large premiums above list are the most in demand. Daytona, Pepsi GMT and OP celebration are the most popular with the Starbucks and Batman's the next tier down. Most others seem to be less than £1.5k within list.
Some of the discontinued models like the yellow and Coral OP, Hulk are fetching a premium but the prices are definitely trending down.
Most YouTube watch dealers suggesting the market has stabilised but they obviously have a bias view trying to get these people sitting on the fence to come down and buy!
I literally could not give a fig, but it may be of interest to the wider community.
The Rolex dealer in Eastbourne (now in the new Beacon Centre, top end of town centre) had lots of models in the window this weekend, all priced up - with no Display Only Models signage, and even had a note saying many more available inside!
There were of course no Submariners or SeaDwellers, but all the rest of the ranges seemed to be there in some form or another.
Couple of YMs in Rose Gold, 2 Skydweller abomination things, etc.
I assume that means you could walk in and buy one.
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Went into an AD last week with no appointment
First time customer and the guy was happy to put me down for a date just. Fluted bezel, jubilee, blue motif dial
Said with date justs once they get notification from Rolex what they are getting they can request specific dials
Asked about the celebration dial OP and said probably early next year
A decent experience all around with no faff and was able to register interest in up to 3 models
Might never get the call but was a good experience and loads to try on which was nice
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One of the pins in my Pepsi came loose and I happen to be in Cribbs Causeway at the moment so I’ve just popped in to Goldsmiths. The lady in there was very helpful and friendly, took it out the back and tightened it. Never had any dealings with them but excellent service.
Not a Rolex heads up, but a Rolex magazine one. They had the number 11 on display and she said that they had just had a new batch delivered and let me have one, so if anyone is after one, worth popping in to a shop.
I thought they were hardish to get recently as I’ve seen them being sold on eBay. Clearly not.
Goldsmiths have added the CPO stock to their website. 2021 prices however
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Goldsmiths at Meadowhall Sheffield on Sunday, all the Exhibition only (the little plaque was still there) Rolex watches in the window now have prices on them.
This seems a new development?
In fairness the CPO pricing doesn’t seem to be that different than the previous WoS pre owned pricing for rolex.
Don’t think anyone who was buying yesterday suddenly isn’t buying today.
Ok, I give up, what’s CPO ?
Why ‘certified’?
It's Rolex's attempt to muscle in on the pre-owned market with "official certification" and a new, white swing-tag. I could not comment on whether it is also an avenue through which they might try to shift some less popular, surplus stock.
Unfortunately for them, they launched it at the start of the inevitable and violent market correction which most of us saw coming (peak prices being circa Feb-March 2022). There are now not enough rich lemmings to support their slow, expensive and cumbersome CPO model by paying 20% over the prevailing market price for increasingly available watches.
A few main agents are playing along with it out of fear, others not wanting to be a part of it.
https://www.rolex.com/buying-a-rolex...1!144074568419
Even better, have a chortle at some of these prices. £14,200 for a 1993 black trim bicolour Date Sub ?
https://www.bucherer.com/uk/en/rolex...&start=0&sz=36
It does create a perverse situation where a main agent might display a new watch at £8,000 "...that I cannot sell you. Don't worry, though, as I have a secondhand one you can have for £12,000."
Yea the CPO thing will be interesting to follow. Certifying a watch costs 500CHF for the dealer and everything has to be sent to Geneva for certificate and photography, which is a hassle with customs etc...
Watch has to be 3 years old at least and dealers are free to set their own price, so it will inevitably come down to how savvy the guys buying in the watches are and how willing the public is to pay extra for a beige card and the warm feeling of buying online from an AD...
Damn, I was a certain it was Cheeky Pi55ed Otters. Thank you, your version makes slightly more sense