A fool and his money....

[Brads67]

liner33 said:

I heard from an AD there is a 12 year waiting list for the Daytona, so I guess its the usual supply/demand

There is NO waiting list. None whatsoever.

They wait on a watch coming in, and preferred customers get a call. Simple. As long as you`re not chinese.

[rog007]

Brads67 said:

liner33 said:

I heard from an AD there is a 12 year waiting list for the Daytona, so I guess its the usual supply/demand

There is NO waiting list. None whatsoever.

They wait on a watch coming in, and preferred customers get a call. Simple. As long as you`re not chinese.

True. The list is in the head of the sales guy/gal who grabs the first box as it arrives in the shop and based upon how he/she is feeling towards their many customers who they know will want that particular watch.

[GC8]

Brads67 said:

I tried that very watch on in Edinburgh on Saturday.

Didn`t like it at all, much to Mrs B`s relief.

Ceramic Daytona is stupid. Folk should just tell Rolex to shove it up there arse for engineering the whole fiasco.

Even better was the next shop I went to where I was informed they weren`t allowed to sell Rolex to the Chinese !! lol. Brilliant, couldn`t make it up.

Conversely, my local indie AD in Sheffield told me that they wouldnt take my deposit for a watch, as they were selling what stock they received, mostly to Chinese uni students...

[amare32]

liner33 said:

I heard from an AD there is a 12 year waiting list for the Daytona, so I guess its the usual supply/demand

I'm sure if you popped into your local AD today with £80k ready to spend, they can throw a ceramic Daytona in as part of the deal right there and then...

[devnull]

GC8 said:

...mostly to Chinese uni students...

I got told pretty much the same thing in the Schipol Airport AD last week. China is hoovering up all the rolexes at the moment.

[jshell]

Brads67 said:

I tried that very watch on in Edinburgh on Saturday.

Didn`t like it at all, much to Mrs B`s relief.

Ceramic Daytona is stupid. Folk should just tell Rolex to shove it up there arse for engineering the whole fiasco.

Even better was the next shop I went to where I was informed they weren`t allowed to sell Rolex to the Chinese !! lol. Brilliant, couldn`t make it up.

No fking way either of the Rolex AD's in Edinburgh used those words! Not a chance! Some of their biggest customers are local Chinese. What they 'might' have said is that they don't sell the sought after pieces to folks from out of the central belt of Scotland. That is the unwritten rule.

[Wills2]

Hang On said:

Hmmm. Fwiw, right now Goldsmiths in Trafford Centre Salford have three new gold Daytona in yellow gold, everose and white gold on display in the main window. All on oysterflex straps. Maybe more inside; I didn’t go in. List price, available now. (Plus, of course, you don’t have to pay on top to change the strap size as you would if buying from a re-seller).

Edited by Hang On on Sunday 11th November 14:08

And because they are sat there available at list you can buy them in the secondary market for below list price, there is an everose 2018 Daytona for 3k less than list on WF as an example.

[Brads67]

jshell said:

No fking way either of the Rolex AD's in Edinburgh used those words! Not a chance! Some of their biggest customers are local Chinese. What they 'might' have said is that they don't sell the sought after pieces to folks from out of the central belt of Scotland. That is the unwritten rule.

Yup they did. Whether you believe it or not. No skin off my nose.

[anonymous-user]

Wills2 said:

And because they are sat there available at list you can buy them in the secondary market for below list price, there is an everose 2018 Daytona for 3k less than list on WF as an example.

Now you are being deliberately obtuse. The watch you are referring to is on a gold bracelet.

As you very well know, I am referring to the Daytona in gold on the oysterflex strap. This watch is widely available at list price from all AD’s and yet is advertised substantially above list price on the gray market including the impudent listings at WF.

How hard is that to understand?

I give up.

Edited by anonymous-user on Thursday 15th November 21:46

[jshell]

Brads67 said:

jshell said:

No fking way either of the Rolex AD's in Edinburgh used those words! Not a chance! Some of their biggest customers are local Chinese. What they 'might' have said is that they don't sell the sought after pieces to folks from out of the central belt of Scotland. That is the unwritten rule.

Yup they did. Whether you believe it or not. No skin off my nose.

Then I suggest you take this further, much further! It would be in the interest of others if you were prepared to.

I'd be interested in the exact way it was said though...

[Wills2]

Hang On said:

Wills2 said:

And because they are sat there available at list you can buy them in the secondary market for below list price, there is an everose 2018 Daytona for 3k less than list on WF as an example.

Now you are being deliberately obtuse. The watch you are referring to is on a gold bracelet.

As you very well know, I am referring to the Daytona in gold on the oysterflex strap. This watch is widely available at list price from all AD’s and yet is advertised substantially above list price on the gray market including the impudent listings at WF.

How hard is that to understand?

I give up.

Edited by Hang On on Thursday 15th November 21:46

No need to give up I missed the bit on the oysterflex strap, in the post I quoted.

So my obtuseness was down to skim reading rather than malice.

As a rule though the market doesn't pay overs on readily available watches that are sat in ADs waiting for someone to buy them.

[bonerp]

amare32 said:

I'm sure if you popped into your local AD today with £80k ready to spend, they can throw a ceramic Daytona in as part of the deal right there and then...

when I popped in about my 1 yr old order earlier this year, I was told by the store manager (an independent AD) that a guy in town popped in wanting to spend £75k on a Daytona, a couple of other Rolex pieces and some bling for the misses, and he walked out empty handed (re the ss Rolex) as they aren't available and he is maintaining a list. Now whether he gets one ahead of me who can't stump up £75k on bling, I'm sure he will - but the availability of ss Daytona's just isn't there.

And IMHO anyone who spends thousands more (up to £10k more on Daytonas) than the rrp on a ss sports watch is a mug.

[anonymous-user]

bonerp said:

And IMHO anyone who spends thousands more (up to £10k more on Daytonas) than the rrp on a ss sports watch is a mug.

You could say that - the last 30 years suggests it's a pretty sound investment and easily cashed in, with any capital growth being tax free.

I have to be honest I feel a bit of a mug not buying several stainless sports watches when they were in the 1.5 to 6k range.

[bonerp]

OK as a seller if you paid rrp from the AD. Not if buying in the second hand market!!

[anonymous-user]

bonerp said:

OK as a seller if you paid rrp from the AD. Not if buying in the second hand market!!

If I had bought a Daytona from the secondary market I would have been under water to the tune of around 25% when I walked out of the with subsequent years seeing capital growth.

I've been calling the end of the Rolex stainless steel bubble since about 1998 and one day I WILL be correct. I may even be alive to see it.

[bonerp]

desolate said:

If I had bought a Daytona from the secondary market I would have been under water to the tune of around 25% when I walked out of the with subsequent years seeing capital growth.

I've been calling the end of the Rolex stainless steel bubble since about 1998 and one day I WILL be correct. I may even be alive to see it.

it is quite ridiculous that Rolex advertise their Daytona through F1, Tennis etc and even my AD uses it as the Rolex photo, yet it cannot be sourced! Anywhere!! I even enquired in Barcelona and the Rolex boutique said 12 years there! All you can buy is datejust models and a few others. Rolex shop windows are embarrassing.

[davek_964]

I debated whether I should really be paying £1k over list for a new Daytona in 2013 - it seemed like a frivolous waste of money. But it was my first "nice" watch, and decided you only live once.
Not the worst decision I've ever made - I paid just over £9k. Don't think I'd struggle to get that back today!

[Brads67]

jshell said:

Then I suggest you take this further, much further! It would be in the interest of others if you were prepared to.

I'd be interested in the exact way it was said though...

Why would I , and in what way would it be in the interest of others? (other than the chinese is suppose)

It was said matter of fact, as I was discussing the stupidness of the Rolex situation just now.

[rog007]

bonerp said:

Rolex shop windows are embarrassing.

I said something similar a while back; reminds me of eastern bloc shops during the Cold War!

I do wonder if they’re selling enough of the other stuff to pay their rates and staff!? I did hear that for a city AD, they need £50k sales per day to remain viable.

Might be talking about Rolex ADs in that other thread soon!

[Voldemort]

Random rolex fact: there are 47 different varieties of daytonas shown on the rolex website against just 8 different types of submariner.

Also, fyi, there are 1,230 different datejusts to chose from...