Tudor Black Bay 36 S&G M79023 (M79023, 79023). Current Prices, JDM Listings, Market Analysis
The Tudor Black Bay 36 S&G M79023 is the steel-and-gold variant of Tudor's compact 36mm Black Bay line, pairing a bi-material aesthetic with the brand's characteristically heritage-forward design. It occupies a specific niche in the Tudor catalog, appealing to buyers who want something smaller and two-tone without reaching into Rolex territory. Tonbo tracks the M79023 because steel-and-gold Tudor models occasionally surface in Japan at prices worth monitoring against the US market. At a current US median of $3,400, the watch sits at a price point where JDM sourcing can matter if the gap and timing align.
Current US Market Value
The current US median for the Tudor Black Bay 36 S&G M79023 sits at approximately $3,400, with the middle half of observed sales falling between $3,000 and $3,900. That is a reasonably wide band for a single model, which reflects the thinness of the underlying data rather than unusual market volatility. This M79023 price estimate is drawn from a sample size of three transactions and is flagged as 🟠Estimate only, meaning it carries less statistical confidence than models with deeper sales histories. Treat the $3,400 figure as a directional anchor, not a hard benchmark. As more transactions are logged, the range will tighten. Anyone researching what to pay for an M79023 should weigh this comp quality disclosure carefully before using it as a negotiation reference.
Active JDM Listings
There are no active JDM listings for the Tudor Black Bay 36 S&G M79023 recorded in the past 14 days. The Japanese market for this reference appears quiet at the moment, which is not unusual for a lower-volume steel-and-gold Tudor variant. When listings do appear, they tend to surface on Japan's major recommerce platforms. Typical characteristics of M79023 for sale listings in Japan include the following.
- Listings appear intermittently rather than in steady supply, reflecting the model's relatively limited circulation in the JDM channel
- Condition gradings vary across platforms, and bracelet completeness is a key variable for steel-and-gold models
- Box and papers presence typically separates the upper and lower ends of the price range
- Japanese sellers often note crown and clasp condition separately given the bi-material construction
- Pricing in yen can shift meaningfully with currency movement, affecting the effective USD cost of any buy M79023 Japan transaction
Check Tonbo's deals feed for the moment new JDM inventory on this reference becomes active.
Recent Alert History
No strict or opportunity alerts have fired for the Tudor Black Bay 36 S&G M79023 in the past 90 days. This means Tonbo's signal engine has not detected a listing clearing the threshold required to generate a price alert during that window. The absence of alerts is consistent with the absence of active listings. It does not indicate the model is untrackable, only that the recent supply picture in Japan has been thin. When a qualifying listing does appear, members with this model on their watchlist will receive notification through the appropriate alert tier.
For context on how Tonbo classifies signal strength across models, see the signals methodology page.
Japan vs. US Price Gap
Steel-and-gold Tudor models generally do not carry the same collector premium in Japan that full-steel sport references do, which can create occasional pricing asymmetry worth watching. When the yen is weak against the dollar, even a modest nominal discount in the JDM market can translate into meaningful savings after fees and shipping. The main risk factor here is comp thinness. With only three data points anchoring the US side of the comparison, it is genuinely difficult to know whether a Japanese listing represents a gap or simply falls within normal price variance. Condition variance on bi-material cases adds a second layer of uncertainty, since wear patterns on gold-tone components are harder to assess from listing photos than on brushed steel alone.
Track Tudor Black Bay 36 S&G M79023 on Tonbo
Tonbo is free to start. The Collector tier at tonbomarket.com/dashboard includes a five-model watchlist with no credit card required. Add the Tudor Black Bay 36 S&G M79023 M79023 to your list and Tonbo will surface JDM listings and price movement as they occur. The Member tier at $10 per month adds real-time Discord alerts, which matters for a low-inventory reference like this one where listings can appear and move quickly. If you are actively trying to buy M79023 Japan, the alert layer is the practical difference between seeing an opportunity and missing it.