Has the Rolex bubble finally burst? Perhaps it has
Discussion
El stovey said:
BS62 said:
Reading stuff like this thread I sometimes wonder if people can hear themselves and the ludicrous hoops being jumped through for the privilege of parting with your money for a trinket. Honestly don’t understand how anyone can want a Rolex (or anything else for that matter) that they’d be happy to buy under those conditions.
Mad isn’t it? If people didn’t go along with it the whole daft thing would collapse overnight.I’ve seen zero downside to any of it. I’ve been wined and dined, enjoyed my hobby and made a load of money through no effort.
The fact I can look a stunning watch and know it has cost me £0 is the icing on the cake.
Long may it continue...
LaurasOtherHalf said:
El stovey said:
BS62 said:
Reading stuff like this thread I sometimes wonder if people can hear themselves and the ludicrous hoops being jumped through for the privilege of parting with your money for a trinket. Honestly don’t understand how anyone can want a Rolex (or anything else for that matter) that they’d be happy to buy under those conditions.
Mad isn’t it? If people didn’t go along with it the whole daft thing would collapse overnight.I’ve seen zero downside to any of it. I’ve been wined and dined, enjoyed my hobby and made a load of money through no effort.
The fact I can look a stunning watch and know it has cost me £0 is the icing on the cake.
Long may it continue...
BS62 said:
Reading stuff like this thread I sometimes wonder if people can hear themselves and the ludicrous hoops being jumped through for the privilege of parting with your money for a trinket. Honestly don’t understand how anyone can want a Rolex (or anything else for that matter) that they’d be happy to buy under those conditions.
How else are people meant to show others they are considerably richer than them? Bubble will probably burst when the long promised tightening of consumer credit begins.
If people want to wait ages and buy a pretty average looking watch for 5 times it's real value that's up to them. With Rolex you can't help bit think people's judgement is clouded by potential gains or lack of depreciation.
I'd rather have a nice looking Tag or Omega. I buy used so never loose money.
Most people that buy Rolex don't seem to be "watch people" it's just the go to brand if someone feels they need an expensive watch. A bit like footballers and Hublot you have middle managers and Rolex. Everyone will also assume it's a Turkish repro as well
If people want to wait ages and buy a pretty average looking watch for 5 times it's real value that's up to them. With Rolex you can't help bit think people's judgement is clouded by potential gains or lack of depreciation.
I'd rather have a nice looking Tag or Omega. I buy used so never loose money.
Most people that buy Rolex don't seem to be "watch people" it's just the go to brand if someone feels they need an expensive watch. A bit like footballers and Hublot you have middle managers and Rolex. Everyone will also assume it's a Turkish repro as well
fridaypassion said:
Bubble will probably burst when the long promised tightening of consumer credit begins.
If people want to wait ages and buy a pretty average looking watch for 5 times it's real value that's up to them. With Rolex you can't help bit think people's judgement is clouded by potential gains or lack of depreciation.
I'd rather have a nice looking Tag or Omega. I buy used so never loose money.
Most people that buy Rolex don't seem to be "watch people" it's just the go to brand if someone feels they need an expensive watch. A bit like footballers and Hublot you have middle managers and Rolex. Everyone will also assume it's a Turkish repro as well
So much bitterness over something you don't claim to want It's a watch, a nice watch but simply a watch. There are some lovely Tags and Omegas out there-I wouldn't dream of deriding someone's choice to buy them. The weird thing with the Rolex haters is they always seem to claim Rolex buyers lack imagination, or simply want a status symbol.If people want to wait ages and buy a pretty average looking watch for 5 times it's real value that's up to them. With Rolex you can't help bit think people's judgement is clouded by potential gains or lack of depreciation.
I'd rather have a nice looking Tag or Omega. I buy used so never loose money.
Most people that buy Rolex don't seem to be "watch people" it's just the go to brand if someone feels they need an expensive watch. A bit like footballers and Hublot you have middle managers and Rolex. Everyone will also assume it's a Turkish repro as well
Yet they themselves seem to want to avoid a whole brand of watches simply because they don't sit with their preconceptions about some owners.
fridaypassion said:
Most people that buy Rolex don't seem to be "watch people" it's just the go to brand if someone feels they need an expensive watch.
/\ This.Talk to any knowledgeable horologist and they will tell you how relatively crude a Rolex movement is
compared to something like a Vacheron, Patek or Audemars etc..
Elderly said:
fridaypassion said:
Most people that buy Rolex don't seem to be "watch people" it's just the go to brand if someone feels they need an expensive watch.
/\ This.Talk to any knowledgeable horologist and they will tell you how relatively crude a Rolex movement is
compared to something like a Vacheron, Patek or Audemars etc..
fridaypassion said:
Each to their own I'm sure a lot of people wouldn't be seen dead with a Tag.
re: Rolex. the problem is that 'a lot of people' now equates to many of the wrong type of people, sadly, especially the Sub. As well as a used Omega seamaster, am mulling over one of the new 2019 TAG blue dial Autavia Isograph's on steel, I won't be able to afford them this year as i need a new car and to pay off some debts but i had a quick fondle of the TAG yesterday and it is a really nice piece of kit.
https://www.tagheuer.com/en-gb/watches/tag-heuer-a...
Elderly said:
/\ This.
Talk to any knowledgeable horologist and they will tell you how relatively crude a Rolex movement is
compared to something like a Vacheron, Patek or Audemars etc..
But you aren't really comparing like with like there are you? Rolexes are a mass produced watch so it's not really fair to put them up against the 'holy trinity' is it?Talk to any knowledgeable horologist and they will tell you how relatively crude a Rolex movement is
compared to something like a Vacheron, Patek or Audemars etc..
Rolex stress robustness and reliability in their marketing rather than beautifully finished movements to admire through a case back so I suppose from that point of view they could be viewed as "crude"...
funinhounslow said:
But you aren't really comparing like with like there are you? Rolexes are a mass produced watch so it's not really fair to put them up against the 'holy trinity' is it?
Rolex stress robustness and reliability in their marketing rather than beautifully finished movements to admire through a case back so I suppose from that point of view they could be viewed as "crude"...
Personally I think exhibition case backs are the most pointless and hateful of features and would happily live without one.Rolex stress robustness and reliability in their marketing rather than beautifully finished movements to admire through a case back so I suppose from that point of view they could be viewed as "crude"...
Elderly said:
fridaypassion said:
Most people that buy Rolex don't seem to be "watch people" it's just the go to brand if someone feels they need an expensive watch.
/\ This.Talk to any knowledgeable horologist and they will tell you how relatively crude a Rolex movement is
compared to something like a Vacheron, Patek or Audemars etc..
Most of every other watch brand uses ETA, Sellita, Valjoux etc movements and that is like having a car brand and using motor from Toyota/BMW or Mercedes (I guess you know the brands I'm after). Making your own movement is hardest part, most expencive and takes a long time, something where Seiko is good at. Then this here is a dilemma, buying, lets say ETA movement, how much do you want to pay for the brand, their case desing and finishing for said ETA movement?
It is only in recent time (since times after quartz crises, if your interested, search how many brand went ETA since) that there have been seen in house movements, not because of brands themself's have had inner need to show their skill's but because market has spoken.
Imho Hublot is the bubble of watch world and it's lack of quality is what I don't understand.
Comparing Rolex with things like PP, AP and AL&S shows the posters to have either the lack of knowledge they have or the trolling they’re more likely to be doing.
Rolex blur the lines between tools and jewellery but based in tools they are.
You wouldn’t expect to walk onto a building site in some hand stitched Italian loafers, just as you wouldn’t go diving in a 100k complication.
Yes Rolex have been very successful in dressing up their tool watches in chintz and precious metals to service their margins but they are at the end of the day something to be used.
Bash them, scratch them, chip them, send them back and get all the bits replaced for a relatively economical amount.
All the while Rolex guarantee the watch for its first five years and don’t recommend a service (unless damage) for ten.
Rolex blur the lines between tools and jewellery but based in tools they are.
You wouldn’t expect to walk onto a building site in some hand stitched Italian loafers, just as you wouldn’t go diving in a 100k complication.
Yes Rolex have been very successful in dressing up their tool watches in chintz and precious metals to service their margins but they are at the end of the day something to be used.
Bash them, scratch them, chip them, send them back and get all the bits replaced for a relatively economical amount.
All the while Rolex guarantee the watch for its first five years and don’t recommend a service (unless damage) for ten.
To all the haters, especially those who buy a Tag or Omega: until you design and make your own watch, you’ve no respect from me. You’re still buying something that someone else has made. YOU can’t claim any greatness by standing on the shoulders of others, so grow up, ffs.
And as for a tightening up of consumer credit affecting values, well that’s a very blinkered view of what is a global market.
And as for a tightening up of consumer credit affecting values, well that’s a very blinkered view of what is a global market.
So don't diss a Rolex unless you've made a watch yourself? So Chris Harris has no job until he's built a car? This thread is amazing
No green eyed here. Anyone can ultimately buy one due to the proliferation of credit. This is also what's pushed retail prices up. Same with cars. How you can't see that correlation is interesting especially in Europe and the US.
No green eyed here. Anyone can ultimately buy one due to the proliferation of credit. This is also what's pushed retail prices up. Same with cars. How you can't see that correlation is interesting especially in Europe and the US.
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