Rolex Submariner no date - Advice

Rolex Submariner no date - Advice

Author
Discussion

anonymous-user

Original Poster:

54 months

Tuesday 20th February 2018
quotequote all
aeropilot said:
AB57 said:
Hi all,

I'm looking to make my first serious watch purchase. I've settled firmly on a Rolex Submariner non date, 114060, after trying on the Tudor Heritage Black Bay. I popped into Goldsmiths in Bristol, Cabot, and was told there was a 2 year waiting list. Manged to try a bi metal sub on which confirmed that it's definitely going to be the Rolex. The Tudor just felt way too chunky on my wrist and the quality just didn't seem to be there compared to the submariner.

Couple of questions:

Will the waiting list be the same for all Goldsmiths or just that one? I imagine it's going to be a case of ringing around ADs and asking if they have stock/waiting list length.

I'm looking to only purchase through an AD, is there anything I need to know other than pay up if they have the watch?
Try and visit non-franchise AD's outside of the big cities, rather than any of the chain jewellers such as Goldsmiths, Frazer Hart etc.

They won't accept it, but tell them you are prepared to pay a deposit on the spot, at least they will know you are serious. Chances are there are plenty of people on the lists, and often when one comes, many people at the top of these lists pass on it, and you can surprisingly find that you might get one in 6 months or so, or even less.
But, they are not coming through in any degree of large supply, so it depends on what allocation per delivery that particular AD is getting through.
That way its possibly best to try a more remote AD, but be prepared for a personal visit, many will not put your name on a list if you just ring around....those days are no more it seems.
Sadly in the current climate, you are going to have to be prepared to put in some leg work if you are a serious buyer.

I agree with you about the Tudor as well, in terms of how it wears on the wrist compared to the Sub as I have both.
Why wouldn't they accept a deposit? If they were to ring you while you were on the waiting list and you declined would you then be removed? Any recommendations for non-franchise AD's in the south west?



anonymous-user

Original Poster:

54 months

Tuesday 20th February 2018
quotequote all
OGR4M said:
Regarding insurance, a simple google search for ‘watch insurance’ will yield several results - I believe TH March are a favourite among PHers. Account for a couple of percent of the watch’s value - I’d expect a £5,450 watch to cost between £50-£100 to cover.

With waiting lists, I signed up to the list at Goldsmith’s Bullring a year ago for my no date, was told up to 6 months, but waited less than a week. The lists are longer now, but 2 years for a no date is excessive, 2-3 months max, I’d reckon.
Thanks for the insurance advice, is it similar to cars regarding a NCD? I'm 25 so I'm hoping there isn't a high risk category like motor insurance.

audidoody

8,597 posts

256 months

Tuesday 20th February 2018
quotequote all

aeropilot

34,598 posts

227 months

Wednesday 21st February 2018
quotequote all
AB57 said:
Why wouldn't they accept a deposit? If they were to ring you while you were on the waiting list and you declined would you then be removed? Any recommendations for non-franchise AD's in the south west?
From what I gather, AD's aren't allowed to take a deposit for a watch they don't have in stock.

As for being removed from a list if decline when offered, I think it depends on the AD, some will remove you from the list, other might just put your name back down to the end of the list.

OGR4M

847 posts

153 months

Wednesday 21st February 2018
quotequote all
AB57 said:
Thanks for the insurance advice, is it similar to cars regarding a NCD? I'm 25 so I'm hoping there isn't a high risk category like motor insurance.
I’m fairly certain none of that stuff applies to ‘valuables’ insurance. I can’t speak from experience as my no date is insured through contents cover, but I’d be very surprised, with a premium so low, to find anything like NCD or similar.

Think of it like life insurance. You take out the policy, full stop. I imagine you’ll be able to add perks like accidental damage, and they may change the amount due to the postcode lottery, but you’re talking a nominal change. Can’t imagine age being a factor, why is a 25-year-old wrist any different to a 55-year-old one?

(I’m not 55, by the way, how dare you etc)

12TS

1,842 posts

210 months

Thursday 22nd February 2018
quotequote all
aeropilot said:
From what I gather, AD's aren't allowed to take a deposit for a watch they don't have in stock.

As for being removed from a list if decline when offered, I think it depends on the AD, some will remove you from the list, other might just put your name back down to the end of the list.
We had to put a deposit down on a watch not in stock. IMHO this weeds out a lot of people.

We got our watch in 6 weeks having done this. Still waiting for the call from the other AD where we only had to put our name down.

raceboy

13,101 posts

280 months

Thursday 22nd February 2018
quotequote all
I was asked for a deposit when I went on the list for a Daytona many years ago, think I waited about 4 years for that.
Bought a no date sub a year or two ago and it's been my goto weekend watch ever since, really like it, I bought used, and it was originally sourced from Greece I think via Iconic, I bought it off the person who bought it from Iconic. wink
I'd just go to your largest local AD and get on the list, as has been said they might say '2 years' but I'd be surprised if it's 2 months, but even if it is a little longer it's worth the wait. rotate

TiggerBits

199 posts

74 months

Thursday 22nd February 2018
quotequote all
aeropilot said:
Try and visit non-franchise AD's outside of the big cities, rather than any of the chain jewellers such as Goldsmiths, Frazer Hart etc.

They won't accept it, but tell them you are prepared to pay a deposit on the spot, at least they will know you are serious. Chances are there are plenty of people on the lists, and often when one comes, many people at the top of these lists pass on it, and you can surprisingly find that you might get one in 6 months or so, or even less.
But, they are not coming through in any degree of large supply, so it depends on what allocation per delivery that particular AD is getting through.
That way its possibly best to try a more remote AD, but be prepared for a personal visit, many will not put your name on a list if you just ring around....those days are no more it seems.
Sadly in the current climate, you are going to have to be prepared to put in some leg work if you are a serious buyer.

I agree with you about the Tudor as well, in terms of how it wears on the wrist compared to the Sub as I have both.
I just had a quick search. I can buy a 2017 Submariner in excellent condition for £4250. I believe that is about £3k under the new list price. Even a car doesn't lose that much in a year. Don't get me wrong, I am aware that certain watches can indeed be a good investment, I just don't think the Submariner is one of them

aeropilot

34,598 posts

227 months

Thursday 22nd February 2018
quotequote all
TiggerBits said:
I just had a quick search. I can buy a 2017 Submariner in excellent condition for £4250.
I'm sceptical of that in the current market in the UK....!

I can't find any 2017 Sub at less than £6950 (that is for a no-date Sub)


Nomal

258 posts

111 months

Thursday 22nd February 2018
quotequote all
ethelcurtis said:
role is petty expensive after wearing rolex you always have a fair of damage so if you want to buy cheap and stylish watches you can visit http://thefashionupdates.com/best-mens-watches-und...
Wtf ???

Oh yeah, it’s half term

fergy

279 posts

223 months

Thursday 22nd February 2018
quotequote all
TiggerBits said:
I just had a quick search. I can buy a 2017 Submariner in excellent condition for £4250. I believe that is about £3k under the new list price. Even a car doesn't lose that much in a year. Don't get me wrong, I am aware that certain watches can indeed be a good investment, I just don't think the Submariner is one of them
Where ??

utgjon

713 posts

173 months

Thursday 22nd February 2018
quotequote all
TiggerBits said:
I just had a quick search. I can buy a 2017 Submariner in excellent condition for £4250. I believe that is about £3k under the new list price. Even a car doesn't lose that much in a year. Don't get me wrong, I am aware that certain watches can indeed be a good investment, I just don't think the Submariner is one of them
Where? I'll buy it right now and give you £500 finders fee.

raceboy

13,101 posts

280 months

Thursday 22nd February 2018
quotequote all
TiggerBits said:
I just had a quick search. I can buy a 2017 Submariner in excellent condition for £4250. I believe that is about £3k under the new list price. Even a car doesn't lose that much in a year. Don't get me wrong, I am aware that certain watches can indeed be a good investment, I just don't think the Submariner is one of them
That sounds like a bargain, but current list for an 114060 is £5450 wink
http://www.goldsmiths.co.uk/c/Brands/Rolex/
I paid £3,800 for my, very lightly worn, complete set 2 years ago.

ellroy

7,030 posts

225 months

Thursday 22nd February 2018
quotequote all
utgjon said:
Where? I'll buy it right now and give you £500 finders fee.
Put me down for a round half dozen.

OGR4M

847 posts

153 months

Thursday 22nd February 2018
quotequote all
Nomal said:
ethelcurtis said:
role is petty expensive after wearing rolex you always have a fair of damage so if you want to buy cheap and stylish watches you can visit http://thefashionupdates.com/best-mens-watches-und...
Wtf ???

Oh yeah, it’s half term
Can’t be a yoof, there’s no Michael Kors in there...

Turns out those watches are more expensive than I thought, and therefore don’t fit within the above link of under 200 of an undefined currency.

anonymous-user

Original Poster:

54 months

Monday 26th February 2018
quotequote all
12TS said:
aeropilot said:
From what I gather, AD's aren't allowed to take a deposit for a watch they don't have in stock.

As for being removed from a list if decline when offered, I think it depends on the AD, some will remove you from the list, other might just put your name back down to the end of the list.
We had to put a deposit down on a watch not in stock. IMHO this weeds out a lot of people.

We got our watch in 6 weeks having done this. Still waiting for the call from the other AD where we only had to put our name down.
Is the deposit refundable? I don't mind putting one down although I'd like to be able to back out if required. Im happy to put a deposit down on a 3 month waiting list but anyhting longer, if not refundable, seems a bit naughty.

raceboy

13,101 posts

280 months

Monday 26th February 2018
quotequote all
AB57 said:
Is the deposit refundable? I don't mind putting one down although I'd like to be able to back out if required. Im happy to put a deposit down on a 3 month waiting list but anyhting longer, if not refundable, seems a bit naughty.
I never asked, as I had no intention of not buying no mater how long the wait was, my local branch of Goldsmiths had £100 of mine for about 4 years, luckily back then (about 15 years ago) the price rises were low and gentle and list price only climbed a few hundred pounds during the wait. smile

cbmotorsport

3,065 posts

118 months

Monday 26th February 2018
quotequote all
Get on the list, have a good call round, tell them you're a cash buyer and I doubt you'll wait 2 years.


EC123

173 posts

124 months

Wednesday 28th February 2018
quotequote all
not sure if allowed but here we go.

Selling my ND Sub 114060, 2014, warranty card 1 year left full set.

it's Mint.

Based in kent/london. face to face only. please PM me.

anonymous-user

Original Poster:

54 months

Monday 5th March 2018
quotequote all
EC123 said:
not sure if allowed but here we go.

Selling my ND Sub 114060, 2014, warranty card 1 year left full set.

it's Mint.

Based in kent/london. face to face only. please PM me.
Thanks for the offer but I'm looking for new or nearly new. Out of curiosity what price were you looking for?