DoctorEvil
·Would you agree a year and a half on, his prediction looks like it is coming to pass. Rolex windows are now populated with real watches many of which you can walk in and buy and the froth has well and truly gone. Very few models resell for overs any more and some take a big big bath. It was already a falling market and it’s continuing to fall.
Fancy a Batman? You can pick them up way under list now. Anyone who paid over list for anything is probably now sitting on a loss. Let’s hope they bought the watch because they liked it.
A quick search of Chrono24 shows a lowest price of AUD$21,750 from a private seller for a 2014 model and AUD$22,223 from a dealer for a 2018 model. Both with box and papers. Cheapest on eBay is AUD$21,800 for a 2016 with box and papers. Current retail price for a Batman on the Rolex website is AUD$17,500.
Whilst I agree that the Rolex market is definitely off the boil, and anyone who bought at the height will be sitting on a loss, I can't see any examples of a Batman going for under retail. The Explorer 124270, on the other hand, is a different story. There's currently two examples on Chrono24 with box and papers going for under retail. Both 2022 models.