Sea Dweller Falling ??!!

[babyfolio]

I have visited a few pre-owned shops and seen many SD on display. More than other models. Seems like SD has flooded the market.

[Reborn]

Of course when we talk about limited numbers

I agree with kenkelvin and jazz_samz

Same theory goes for the limited editions - there may be 25 pieces available worldwide but doesn't mean price must appreciate.

the watch model must be popular in the first place, next step is to ask how many there are.

the Panerai 127 which is produced in 1950 pieces will certainly be more popular than something like De Bethune or Roger Dubuis.

[wind128]

yes, I concur with you too. Selling Price is relative to when and where you purchase the stock and how desperate you need cash now. Buying Price is relative to how much disposable cash you have and how desperate you want the timepiece now

[Taurus75]

Recently, the SD price seem to be falling. Any idea why ?

Is it because too many stock around ?

Not going to be discontinue ?

Still quite easily obtainable ?

People going for Deep Sea instead ? Deep Sea price comparable ?

Last few months it was still selling very much above list ....

the SD has been around for ages and it is therefore widely availabile in the preowned market. This is coupled by the fact that the SD was was never the more popular choice as compared to the SubDates. Taken together, from the demand/supply perspectives, the SD's easy avaliability and its less than popular demand does little to make it a instant price appreciating timepiece. The compensating factors for the SD in terms of resale prices are that it is definitely discontinued and its list price hikes to the tune of about 8.7K before it was discontinued.

the SD prices were never actually falling if it is viewed from the value retention aspect of the watch itself. The selling prices that the sellers are asking now must be taken into context from the buying prices that the watch itself was obtained in the first place. For example, if a seller puts up a locally purcahsed Z series SD for sales at 7K, it essentially is only marginally off its original purchase price, bearing in mind that the seller should have probably gotten a discount from its last local list price of about 7.7k during the time of its purchase.

As for DSSD, I would think that it is still commanding a premium considering that it is a new intro in Rolex line-up and not all freely available in ADs yet. I doubt that people are specifically dumping the SD to get it. People are selling their SD probably because they can perhaps get a good price now due to the compensating factors that I had mentioned. juz my humble thoughts

[yeeming74]

haha... was thinking how come I so suay.. juz bought a SD 2 wks ago and then lots of it on sale at forum here and prices seems to hv soften a little... anyway, come to think of it, i got a beautiful watch and i believe a lot of ppl selling cos they probably bought earlier or held on to their sale in anticipation of a price increase after product discontinues.....but demand did not increase.... so... most letting go to fund other purchases..... at lower price...

[psee]

Actually SD prices "falling" is a perception - it was artificially raised by sellers, when Rolex discontinued the model in Apr 08. Those who cannot hold or those who felt that "raise" in prices was not as fast as they wish and who now needed cash due to various reasons have to "force-sell".

of course, next year this time, when all the ADs in the world have no stock - guess who you can buy from? Yup, the SG-ROC bros!

So, I won't be bothered by the "falling" price. I'm quite happy that its been discontinued - I treasure mine tremendously and the fact that it is about as subtle as you can get for a Rolex, is brilliant. I simply loved the non-cyclops dial.

Compared to the Subs and all the rest of the sports models, we know SD has sold less, so now coupled with the discontinuation, I would think it makes it relatively rarer.

Agreed

[mazingerz]

let the time tell what watch is failing....

[teo]

Actually SD prices "falling" is a perception - it was artificially raised by sellers, when Rolex discontinued the model in Apr 08. Those who cannot hold or those who felt that "raise" in prices was not as fast as they wish and who now needed cash due to various reasons have to "force-sell".

of course, next year this time, when all the ADs in the world have no stock - guess who you can buy from? Yup, the SG-ROC bros!

So, I won't be bothered by the "falling" price. I'm quite happy that its been discontinued - I treasure mine tremendously and the fact that it is about as subtle as you can get for a Rolex, is brilliant. I simply loved the non-cyclops dial.

Compared to the Subs and all the rest of the sports models, we know SD has sold less, so now coupled with the discontinuation, I would think it makes it relatively rarer.

Good point.

[wind128]

Actually SD prices "falling" is a perception - it was artificially raised by sellers, when Rolex discontinued the model in Apr 08. Those who cannot hold or those who felt that "raise" in prices was not as fast as they wish and who now needed cash due to various reasons have to "force-sell".

of course, next year this time, when all the ADs in the world have no stock - guess who you can buy from? Yup, the SG-ROC bros!

So, I won't be bothered by the "falling" price. I'm quite happy that its been discontinued - I treasure mine tremendously and the fact that it is about as subtle as you can get for a Rolex, is brilliant. I simply loved the non-cyclops dial.

Compared to the Subs and all the rest of the sports models, we know SD has sold less, so now coupled with the discontinuation, I would think it makes it relatively rarer.

[SeaRolex]

yah, seadweller and gmt2 have a lot in quantities but ppl are letting go due to it been discon and fetch very good price. but most tend to sell too ex and now due to the economic crisis, less ppl wanan buy so supply more then demand. prices for both will surely shoot up again as in sports model rolex. personally it will affect shop owners or dealer that cannot keep stock for too long. But if u r a private seller or collector and can make do without selling these 2 models, i will suggest keep it and at a later date u will be able to fetch very good price

totally agree with u...

[wind128]

I agree with kenkelvin and jazz_samz

To me, watch investment is subjective and depends on supply and demand. The seller and buyer should shared the same value system, then there is a deal. Or else, there may be a watch model selling for $8,000 but an unappreciative prospect, it might not even worth $5,000.

Same theory goes for the limited editions - there may be 25 pieces available worldwide but doesn't mean price must appreciate.

[jazz_samz]

hhmm.. personally I do agree with kenkelvin but my take at the end is that the GMTs will be able to hold the prices (or fetch better prices) in future due to its history/trend.
SD unlike the GMTs don't achieve what the latter has over the years, it is a nice and solid watch with good metal BUT it was never a highly in demand model as compared to its cousin (the sub date) hence I doubt the SD will be able to fetch a handsome return.

Just me...

[kenkelvin]

hi

good luck to the seller on the sale !

yah, seadweller and gmt2 have a lot in quantities but ppl are letting go due to it been discon and fetch very good price. but most tend to sell too ex and now due to the economic crisis, less ppl wanan buy so supply more then demand. prices for both will surely shoot up again as in sports model rolex. personally it will affect shop owners or dealer that cannot keep stock for too long. But if u r a private seller or collector and can make do without selling these 2 models, i will suggest keep it and at a later date u will be able to fetch very good price

[Reborn]

this is indeed a very fair price

Here it is:

http://www.sg-roc.com/showthread.php?t=5470
http://www.sg-roc.com/showthread.php?t=5462
http://www.sg-roc.com/showthread.php?t=4646
http://www.sg-roc.com/showthread.php?t=5400
http://www.sg-roc.com/showthread.php?t=5519
http://www.sg-roc.com/showthread.php?t=5455
http://www.sg-roc.com/showthread.php?t=5494
http://www.sg-roc.com/showthread.php?t=5501
http://www.sg-roc.com/showthread.php?t=4134&page=2
http://www.sg-roc.com/showthread.php?t=4927&page=2
http://www.sg-roc.com/showthread.php?t=4528
http://www.sg-roc.com/showthread.php?t=5201

Are you spoilt for choice? Let ur fingers do the walkin'..

good luck to the seller on the sale !

[Reborn]

It was never really quite rising in the first place

Recently, the SD price seem to be falling. Any idea why ?

Is it because too many stock around ?

Not going to be discontinue ?

Still quite easily obtainable ?

People going for Deep Sea instead ? Deep Sea price comparable ?

Last few months it was still selling very much above list ....

there were investors/speculators and dealers who thought they could gain by buying up the latest series SDs. SDs have always been easily obtainable, too many in production.................. and very very hard to be exclusive.....Those who are still trying to sell at high prices have seen their stock stuck on the shelves.

For a watch to be really hot, there should not be more than 2000 pieces in circulation in the world........I am afraid SD numbers probably surpass this by quite a huge margin.

so buy it only if you really like the SD, and not for speculative reasons because it is very hard to become very sought after in my view....however, it should retain its current value like all popular sports rolex models.

Personally I like the SD and think it is a great daily beater which is tough.

As for the deep sea, price will drop as stock comes in. There will however be some demand which will sustain it at a reasonable price level. Watch has been criticised by some, but there will be people who want to just buy and try, and then after getting bored will sell them off again, so if you are looking for a bargain, wait for pre-owned.