steveoffice
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i almost pulled a trigger on a batman about 4-5 months ago on Bobs Watches for about 10k, now it's 15k. At this rate, you might as well get a calatrava.
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Yeah, my question is whether people are buying? I've seen a few Batmans, just as an example, languishing in some watch consignment shops. Same goes with a few Omega Speedmaster Apollo 11 35th anniversary watches. The same watches have been on the market for some time without buyers, but the asking price continues to increase. It's logic defying. Or maybe I'm just seeing something anomalous in the dozen or so watch shops I keep an eye on.i almost pulled a trigger on a batman about 4-5 months ago on Bobs Watches for about 10k, now it's 15k. At this rate, you might as well get a calatrava.
i almost pulled a trigger on a batman about 4-5 months ago on Bobs Watches for about 10k, now it's 15k. At this rate, you might as well get a calatrava.
The more I hear this the more I think I should part with my mint BLNR. Would certainly be a seller somewhere between 10 and 15k. I guess the prices will continue to go up until there's a significant correction in the luxury goods market. In the normal world, the release of a new model with tangible improvements (better movement, jubilee bracelet- although that's arguably more of a change than an improvement) would make the discontinued model less valuable, but I guess that's not the world Rolex fans inhabit.
All that said, we had a CFO candidate in the office yesterday and he was rocking the BLNR and it made me think I should give it some wrist time.
I do actually have a watch related question. Recently, I've been bidding on some Rolexes, just for fun, on various online auctions. Some of the prices I've thrown out are even semi-reasonable for a used watch. However, I've noticed that a lot of the auctions are simply passed. This has not been the case with some vintage Omegas, which simply sell for a lower price, with some exceptions for some models that are popular in say, Asia, like the Snoopy Speedmasters.
My question is - are Rolexes actually appreciating in value, or are they simply being overvalued by their owners/consignors/auction houses. I'm sure that some are incredibly difficult to obtain and command really high prices, but it seems like a lot of people are holding onto fairly standard, fairly late model watches and expecting to sell them for a higher price than the market will bear.
I remember someone saying something about being able to trade on Rolex futures. Where can I find more information on that?
I guess the prices will continue to go up until there's a significant correction in the luxury goods market. In the normal world, the release of a new model with tangible improvements (better movement, jubilee bracelet- although that's arguably more of a change than an improvement) would make the discontinued model less valuable, but I guess that's not the world Rolex fans inhabit.
Cool, congrats on the new pick-up!View attachment 1157503 View attachment 1157504 View attachment 1157505 View attachment 1157506
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Hi Keith,
Here are a few quick photos of the new 216570. I haven’t even sized it yet, so no wrist shot. At the bottom is my 18 year old 16570. Once I’ve had some real time with the new one I will try to share some ownership impressions or do a comparison.
As for some initial impressions, the old one is more subdued. Not just due to the case size, but mainly because of the dial and 24 hour hand. The 16570 is basically identical to the GMT2 16710, except for a fixed brushed steel bezel rather than a rotating bezel. There is the traditional black dial and the same lum plots as on a GMT/Sub or SD of that time. Then on the black dial there is a sliver of color from the red 24 hour hand.
The new watch is bolder. It’s a larger case, but the lugs taper more than on the ceramic GMT2 or Sub, which I think makes the larger case more wearable. If it had “Rolex Supercase” boxier lugs combined with a 42mm case it would probably be too chunky for my taste. It is my understanding there is also more curvature to the case back and lugs of the 216570 compared to say a 40mm Ceramic GMT or Sub. However what makes it stand out are the orange 24 hour hand, the orange writing on the dial, the maxi lum plots, and the extra large hands. All of these elements seems to “Pop” against the matte black dial.
Anyway, I’ll try to do a real comparison once I’ve had some real wrist time with the 216570.
Best regards,
Dino
Cool, congrats on the new pick-up!
I’ve had the 216570 in white for the past four years, and I think it’s spot-on as a modern sports Rolex. The fixed metal bezel combined with the big, legible hands and dial arguably make it the most function-first among the current range.
There’s a lot to appreciate about the earlier model, which is a perfect all-arounder and looks great on pretty much any wrist. However, I think it’s nice that the update differentiated it from the GMT II by giving it a case, bracelet, handset, dial and crown that are unique to the model, instead of only the bezel.
Its 3187 movement is also exclusive to the watch, and its larger baseplate and date wheel show the attention to detail that is typical of Rolex — most others would instead simply jam in a spacer and settle for a misaligned date window.
It’s a well-designed watch that I particularly enjoy wearing outdoors; hope you like yours, too!
Scarcely a diatribe - that would imply that I have a negative opinion on the subject. I'm not sure what your problem with me is. I've never met you unless you've come to one of our meetings in New York or in Florence, and if I have somehow given offense, I sincerely apologize. But... the ethos of this forum has always, from the inception, to allow threads to go off topic - a rambling conversation between friends that meanders and eventually comes back around to the original topic.
This is something upon which the success of the forum was and is premised - that any given poster brings with him or her not simply an enthusiasm for any specific topic, but also an interest in a broad range of other subjects and rich life experiences. If there are enough sequential off topic posts in any given thread (I usually use 30 as the cut off), I typically break them off into a separate thread.
So, are you not interested in martial arts and combat sports, or do you just dislike me personally?
Okay, back to watch talk . . .
@Dino944's post about owning a 16570 and 216570 raises this question for me: To what extent do you seek out, or avoid, owning similar looking watches? As someone of limited means who wants to keep a small (relatively speaking) collection that covers all situations in which I might find myself, I try to avoid having two watches occupy the same "space." I also think I would have difficulty deciding what to wear in the morning if I had two or more watches that were too similar, and would end up heavily favoring one of them. I realize that other people know what they like and can't have too much of a good thing. So what about you?
Congrats! That "Rootbeer" is a beauty!!! I had asked 2 dealers about them and one said they hadn't gotten one yet, and another said they had only received one. Hope you enjoy it and I look forward to seeing one in person one of these days.