Has the Rolex bubble finally burst? Perhaps it has

Has the Rolex bubble finally burst? Perhaps it has

Author
Discussion

andy tims

5,588 posts

248 months

Wednesday 8th March 2023
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SpeckledJim said:
But desperately useful for those times you want to look like a three-episode baddie from Howard's Way.
beerroflrofl

Stinger70

286 posts

107 months

Wednesday 8th March 2023
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Went into the AD and got added to ‘the list’ for an OP 41 which seemed the right size. Doesn’t wear very big for a 41. Time will tell what happens but no guide as to wait time and it was busy the whole time with Rolex enquiries / appointments. This is not in a big city.

Wheelspinning

1,277 posts

32 months

Wednesday 8th March 2023
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don logan said:
NDA said:
don logan said:
I’ve got a borderline fetish for one of these

I like that too... I am sure Harry would too!

Beyond stabby for London.
God yeah, it would need to be worn above the elbow with a jacket! :-)

I really like the almost indigo dial
Have to say; I love the look of that.love



Wheelspinning

1,277 posts

32 months

Wednesday 8th March 2023
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jgrewal said:
Congrats on the bluesy and beautiful watch! Approached by a grey yesterday selling a brand new Submariner Date just 1k above RRP. Its getting twitchy out there..
Thanks beer

Wheelspinning

1,277 posts

32 months

Wednesday 8th March 2023
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Kirkmoly said:
I tried a display model on last summer at my wife’s insistence. Wasn’t expecting to be so blown away. It’s just the best looking Sub ever and wears perfectly for me. I’m still waiting for mine ??
Fingers crossed for you.

Adam.

27,451 posts

256 months

Wednesday 8th March 2023
quotequote all
NDA said:
don logan said:
I’ve got a borderline fetish for one of these

I like that too... I am sure Harry would too!

Beyond stabby for London.
Taste police might give you a good shoeing, but they wouldn’t nick it

CharlesdeGaulle

26,564 posts

182 months

Thursday 9th March 2023
quotequote all
Adam. said:
NDA said:
don logan said:
I’ve got a borderline fetish for one of these

I like that too... I am sure Harry would too!

Beyond stabby for London.
Taste police might give you a good shoeing, but they wouldn’t nick it
I'm not sure that anyone with taste would try and nick one.

Maxym

2,078 posts

238 months

Thursday 9th March 2023
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This thread has turned rather benign lately. Isn’t it about time someone came along with more sneering comments about Rolex being tasteless chav wear and owners being sheep conned by slick marketing?

Not me btw, I rather like them and have three in the ‘collection’.

Big Stevie

594 posts

18 months

Thursday 9th March 2023
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I'm generally not a fan of blue faced watches, and not with gold, but then I am on a list for a blue faced Deepsea so what do I know.



Edited by Big Stevie on Thursday 9th March 14:17

bordseye

1,992 posts

194 months

Thursday 9th March 2023
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Maxym said:
This thread has turned rather benign lately. Isn’t it about time someone came along with more sneering comments about Rolex being tasteless chav wear and owners being sheep conned by slick marketing?
’.
I can oblige by agreeing with the above. Baaah to you all. whistle

P.S. There is more than a bit of herd behaviour about the Rolex fashion.



Cupid-stunt

2,634 posts

58 months

Thursday 9th March 2023
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Stinger70 said:
Went into the AD and got added to ‘the list’ for an OP 41 which seemed the right size. Doesn’t wear very big for a 41. Time will tell what happens but no guide as to wait time and it was busy the whole time with Rolex enquiries / appointments. This is not in a big city.
Been on the list for one of these (siler, not a fancy colour) at the AD in Edinburgh ....... since Jul 2021.

Not having any buying history and not wanting to buy alternatives may be why I don't have one yet.....

Tango13

8,546 posts

178 months

Thursday 9th March 2023
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Big Stevie said:
I'm generally not a fan of blue faced watches, and not with gold, but then I am on a list for a blue faced Deepsea so what do I know.
I've never been a fan of gold jewellery in any form and certainly not gold wrist watches but I've always liked the blue faced gold diver for some reason spin

Louis Balfour

26,624 posts

224 months

Thursday 9th March 2023
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Tango13 said:
Big Stevie said:
I'm generally not a fan of blue faced watches, and not with gold, but then I am on a list for a blue faced Deepsea so what do I know.
I've never been a fan of gold jewellery in any form and certainly not gold wrist watches but I've always liked the blue faced gold diver for some reason spin
Hey why not, it worked for King Tut.

don logan

3,527 posts

224 months

Thursday 9th March 2023
quotequote all
Tango13 said:
Big Stevie said:
I'm generally not a fan of blue faced watches, and not with gold, but then I am on a list for a blue faced Deepsea so what do I know.
I've never been a fan of gold jewellery in any form and certainly not gold wrist watches but I've always liked the blue faced gold diver for some reason spin
I don’t own anything gold, I’ve never wanted anything gold, I look like the last person who would have a gold Rolex, but I have a perversion for those 5 digit Subs in gold, including the black dial version!

Tango13

8,546 posts

178 months

Thursday 9th March 2023
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Louis Balfour said:
Hey why not, it worked for King Tut.
Having your brains pulled out through your nostrils is a high price to pay for some fancy bling.

And some people would probably have done so just to get to the top of the waiting list... hehe

Yex GTR

4,583 posts

222 months

Thursday 9th March 2023
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Maxym said:
This thread has turned rather benign lately. Isn’t it about time someone came along with more sneering comments about Rolex being tasteless chav wear and owners being sheep conned by slick marketing?
To add some balance (and not wishing to be classed as a sheep) I have been looking for a grail watch for sometime now, DRSD to be exact. I found a handful I was interested in (must include boxes, papers, provenance etc.) but it was clear any downturn in other parts of the Rolex market had no impact on these with prices not below £38-40K - a level I was not prepared to pay/invest on a watch.

After giving up on the DRSD dream I bought a summer fun car in a nice British Racing Green finish to compliment the Magno Hell Green of the existing toy. I have now seen the rather lovely Kermit that Dom has on his website that would suit the colour hues of both cars and feel I may be contributing to the Rolex market in the near future.

So, in summary some part of the Rolex market are suffering prices falls whereas others are not. Basically business as usual then biggrin

Stinger70

286 posts

107 months

Thursday 9th March 2023
quotequote all
Cupid-stunt said:
Stinger70 said:
Went into the AD and got added to ‘the list’ for an OP 41 which seemed the right size. Doesn’t wear very big for a 41. Time will tell what happens but no guide as to wait time and it was busy the whole time with Rolex enquiries / appointments. This is not in a big city.
Been on the list for one of these (siler, not a fancy colour) at the AD in Edinburgh ....... since Jul 2021.

Not having any buying history and not wanting to buy alternatives may be why I don't have one yet.....
Oh, well I won’t get my hopes up then. They seemed quite positive in terms of looking after locals etc and being a new customer. For which I was expecting negativity. Really surprised to see them busy one in one out in a small town mid week.

andy tims

5,588 posts

248 months

Thursday 9th March 2023
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Watchfinder have a flash sale on. Not Rolex specific, but quite a few included.

Prices still look pretty high to me.

don logan

3,527 posts

224 months

Thursday 9th March 2023
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andy tims said:
Watchfinder have a flash sale on. Not Rolex specific, but quite a few included.

Prices still look pretty high to me.
Hi

Isn’t this EXACTLY how this thread was born?

Watchfinder having a “sale” down to near normal prices from their inflated prices?


Flying machine

1,132 posts

178 months

Thursday 9th March 2023
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I don't think that inflated prices is a specific Watchfinder 'thing', rather it's a general grey market 'thing'. I agree that their prices seem high, but not too much above many other second hand dealers - see Chrono24. In fact, Watchfinder seem reasonably competitive when some models are considered e.g. the GMT Master II 126710 Pepsi which they have for sale from £16950, which I grant you is still crazy money. The cheapest on Chrono 24 is £15584 from a private seller in Puerto Rico (which I wouldn't even entertain, even if I would consider buying a Pepsi at such a mark up) and the cheapest in the UK is £15950, a dealer. There are many more available, unsurprisingly, at more money. If I were silly enough to buy such a thing, I would probably be more willing to do so from a large and well established dealer with a physical presence rather than some one man band operating out of his bedroom (which is what I suspect many internet 'dealers' may be), especially with the proliferation of convincing fakes around.

Don't read this as a full throated defence of WF, it isn't. The massive increase in second hand values is very corrosive for those who just want to buy and enjoy watches rather than profit from their resale, but it's far from a situation resulting just from their pricing structures. I guess it's just because they are the biggest so are an easy and obvious target. I'm wanting to buy an F P Journe chronometre souverain, which makes the annoyances of trying to buy a steel Rolex relatively simple, but as buying one new isn't an option I'm gradually having to accept that I'll have to buy grey, probably from overseas - and at current prices that is taking some consideration.