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have 2nd hand Submariner prices increased considerably over the past year

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  • have 2nd hand Submariner prices increased considerably over the past year

    when checking out various reseller websites, it seems impossible to find a SS / YG model of almost any year for less than 5k? This was not the case in early 2012 from my view.

  • #2
    as a general rule, discontinued models do creep up especially if they are in Mint condition.
    The pace depends on how rare and popular the model is.
    The 16613 blue is in demand because most prefer the old blue to the new blue.
    Also it is good value as it sells close to that of a SS Sub.

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    • #3
      Originally posted by saint7 View Post
      when checking out various reseller websites, it seems impossible to find a SS / YG model of almost any year for less than 5k? This was not the case in early 2012 from my view.
      The older and rarer the sub , the more the prices are going up...take for instance the 1680....few years back , u can get it around 6k but today...it goes as high as 9k depending on condition.
      My Current Collection :
      Rolex Submariner 116610LN
      Rolex Submariner 116610LV aka Hulk
      Rolex Airking 14000
      Panerai Submersible Special Edition 364
      Panerai Luminor 112
      Omega speed master moonwatch 3570.50
      Tissot Visodate

      Sold and regretted since then
      Rolex Submariner 16610
      Rolex GMT 116710LN
      Rolex Explorer 16570 ( Polar)
      Tudor heritage Black Bay
      Omega speed master moonwatch 3873.50
      Omega speed master pre-moon C321
      Panerai Submersible 24

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      • #4
        what about newly launched models like the recent explorer ii?

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        • #5
          I was told that Rolex will increases its price twice a year....

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          • #6
            I was told that Rolex will increase its price every 6 months, not sure how true.....

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            • #7
              Have not heard anything about price increase from ADs recently. Maybe there will not be any price increase this year?

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              • #8
                For the current model subs, I see resale prices declining rather than appreciating, at least in the short term. Due to supply of new watches stabilizing and also more used sets being sold in the market.
                elusive

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                • #9
                  Yap. Price do seem slightly cheaper due to owners flipping it for the ceramics model. Lots of selection while I was in Hong Kong

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                  • #10
                    Originally posted by minty21 View Post
                    Yap. Price do seem slightly cheaper due to owners flipping it for the ceramics model. Lots of selection while I was in Hong Kong
                    Hi Minty where doyou get Rolexs in HK, I'm looking for a pre loves SG Blue Sub. Prices n condition locally not ideal.

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                    • #11
                      Hi

                      I went in playfully into a pawnshop to check market prices

                      Despite new models replacing current ones like discontinued Sub 16610, prices still did not change as there are too many sub floating in market.

                      So my reflection is base in demand not by discontinued models

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                      • #12
                        Supply and demand

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                        • #13
                          I am sure the prices increased! I got my half gold sub 16613T at almost $10k. but condition is superb I will say.

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                          • #14
                            how is the pawnshop prices compare to the 2nd hand watch dealers?

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                            • #15
                              Prices going up almost every year...

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