How long will the Rolex Bubble Last

How long will the Rolex Bubble Last

Author
Discussion

hixster

354 posts

218 months

Sunday 27th January 2019
quotequote all
hyper jay said:
So saying spend 10 k and we see if we can'help is discreet..
Sod that I.. spend it on your loved ones .
It’s a free world, you can do what you want with your money. If you want certain Rolexes, this is the process.

anonymous-user

55 months

Sunday 27th January 2019
quotequote all
hixster said:
hyper jay said:
So saying spend 10 k and we see if we can'help is discreet..
Sod that I.. spend it on your loved ones .
It’s a free world, you can do what you want with your money. If you want certain Rolexes, this is the process.
Maybe in your local dealership or in your mind it is, but it’s certainly not the normal process.

It’s quite possible to buy one of these higher end Rolexes without doing any of the nonsense you described earlier. There loads of people on here that have bought Daytona’s as a first Rolex without being celebrities or working their way up through the models first.

This thread is a bit of a sad indictment on society if people honestly think they need to buy watches to get more expensive ones and show their worth to a watch shop. If there’s a Rolex bubble it will exist whilst people still have this mindset.

hixster

354 posts

218 months

Sunday 27th January 2019
quotequote all
El stovey said:
Maybe in your local dealership or in your mind it is, but it’s certainly not the normal process.

It’s quite possible to buy one of these higher end Rolexes without doing any of the nonsense you described earlier. There loads of people on here that have bought Daytona’s as a first Rolex without being celebrities or working their way up through the models first.

This thread is a bit of a sad indictment on society if people honestly think they need to buy watches to get more expensive ones and show their worth to a watch shop. If there’s a Rolex bubble it will exist whilst people still have this mindset.
Actually Stovey, I think it's you who doesn't know what you're talking about - you're out of touch. Unless you want to fly to Qatar or the middle east, This is standard UK practice as others have mentioned and there are plenty of threads which prove this - I happen to know a dealer and have gleaned the info I have shared here from them. Just read back through the comments in this thread, you'll see a consistent theme - "loyal customers"

But, putting that aside - if you're so confident it is possible to source a new Ceramic Bezel Daytona as a first time buyer.
If you can get one, I'll pay for it and give you 15% on top for your troubles. If you can order a new 718 GT4 Cayman when it comes out, same deal.

And stop bleating on about the sad state of society, it's boring. People can buy what they want and Rolex can sell watches how they want.
Ask yourself, why wouldn't Rolex allocate a watch to a loyal customer with track record of buying nice watches, over a complete noob who may flip the watch for a profit? There is nothing unusual about that.

In case you wanted more evidence.

https://youtu.be/tc911f1mCUk?t=192
https://youtu.be/wUnWh6IIL3M?t=316
https://youtu.be/gCO8Rnsf11Q?t=233

Edited by hixster on Sunday 27th January 21:55

Barchettaman

6,319 posts

133 months

Sunday 27th January 2019
quotequote all
You can understand why they are so massively protective of the brand - look at the Richemont buy-back a few years ago, where unsold stock was repurchased by the manufacturer and destroyed.

It’s a pretty weird and fragile business, luxury watchmaking, particularly at the scale Rolex are doing it at.


rog007

5,761 posts

225 months

Sunday 27th January 2019
quotequote all
So...back to the original question.

If by bubble we mean long waits and higher than retail prices outside of ADs; no one knows!

But it’s all harmless fun speculating. And if a few folk grab a nice watch that they’ll cherish along the way, then no harm done.

However...I am mightily impressed by the new smart watches. I wonder if this could be the biggest threat to the bubble?

Thoughts?


x5x3

2,424 posts

254 months

Sunday 27th January 2019
quotequote all
rog007 said:
So...back to the original question.

If by bubble we mean long waits and higher than retail prices outside of ADs; no one knows!

But it’s all harmless fun speculating. And if a few folk grab a nice watch that they’ll cherish along the way, then no harm done.

However...I am mightily impressed by the new smart watches. I wonder if this could be the biggest threat to the bubble?

Thoughts?
er no, I spend most of my day recharging phone/laptop/ipad/etc - why add watch to the list smile

In-the-know

10 posts

69 months

Monday 28th January 2019
quotequote all
El stovey said:
hixster said:
It's not what they want you to believe - it's their business model.
Same as Porsche and GT cars. You can't just drop into the local OPC and buy a GT3.
Not worth getting cross about. It's just the way it is.
I’m sorry but none of that is correct.

It’s a bit of a sorry statement on society if you actually believe what you’ve posted.
Hixster is 100% correct, any manufacturer selling at item that is limited production or is fetching over list price in the 2nd hand market is going to sell to clients who have supported them in the past.

You want a Ferrari Pista or Superfast, you are buying a Portofino & GTC Lusso first. You want a Daytona, you need to have a purchase history with the store.

lostkiwi

4,584 posts

125 months

Monday 28th January 2019
quotequote all
El stovey said:
Maybe in your local dealership or in your mind it is, but it’s certainly not the normal process.

It’s quite possible to buy one of these higher end Rolexes without doing any of the nonsense you described earlier. There loads of people on here that have bought Daytona’s as a first Rolex without being celebrities or working their way up through the models first.

This thread is a bit of a sad indictment on society if people honestly think they need to buy watches to get more expensive ones and show their worth to a watch shop. If there’s a Rolex bubble it will exist whilst people still have this mindset.
Agreed. This crazy situation will last as long as people are daft enough to support it.

anonymous-user

55 months

Monday 28th January 2019
quotequote all
lostkiwi said:
Agreed. This crazy situation will last as long as people are daft enough to support it.
Unfortunately they can’t hear you as they’ve departed on a quest to complete the five trials of normal process to buy a Daytona.

Only the most loyal customers can complete in these five trials, designed to demonstrate worthiness and consumer virtues of wanting it enough and having the wealth and persistence to show Rolex that they are suitable and virtuous enough to be offered a place on the list carved on a shield of oyster steel.

Only once these most loyal of customers have completed the five trials, will they then finally be invited to purchase. . . the Daytona. Which lies deep beneath the surface of lake Geneva.

There can be only one. .

lostkiwi

4,584 posts

125 months

Monday 28th January 2019
quotequote all
El stovey said:
lostkiwi said:
Agreed. This crazy situation will last as long as people are daft enough to support it.
Unfortunately they can’t hear you as they’ve departed on a quest to complete the five trials of normal process to buy a Daytona.

Only the most loyal customers can complete in these five trials, designed to demonstrate worthiness and consumer virtues of wanting it enough and having the wealth and persistence to show Rolex that they are suitable and virtuous enough to be offered a place on the list carved on a shield of oyster steel.

Only once these most loyal of customers have completed the five trials, will they then finally be invited to purchase. . . the Daytona. Which lies deep beneath the surface of lake Geneva.

There can be only one. .
So true. I don't get the mad scramble to buy one of the highest volume Swiss watches. amongst the premium brands only Omega make more (but not by much). So much for exclusivity.

harleywilma

520 posts

244 months

Monday 28th January 2019
quotequote all
lostkiwi said:
Agreed. This crazy situation will last as long as people are daft enough to support it.
So who really buys these so called flip watches.
I haven't seen any one of these sell via the flippers on fleabay, Watches just get relisted over and over again.,the only ones that ive seen sell are the guys who just want to get there money back after realising there career in selling luxury watches has failed so miserably, even a few pillocks trying to sell those brash gold subs for a few dollars more even though you can walk into goldsmiths and buy them of the shelf cheaper.
What a bunch of twerps...

anonymous-user

55 months

Monday 28th January 2019
quotequote all
harleywilma said:
lostkiwi said:
Agreed. This crazy situation will last as long as people are daft enough to support it.
So who really buys these so called flip watches.
I haven't seen any one of these sell via the flippers on fleabay, Watches just get relisted over and over again.,the only ones that ive seen sell are the guys who just want to get there money back after realising there career in selling luxury watches has failed so miserably, even a few pillocks trying to sell those brash gold subs for a few dollars more even though you can walk into goldsmiths and buy them of the shelf cheaper.
What a bunch of twerps...
Presumably loads end up on watchfinder and chrono24 or similar?

LaurasOtherHalf

21,429 posts

197 months

Monday 28th January 2019
quotequote all
Four watches I have bought from a large AD with zero history of purchases prior and zero other items bought;

BLNR
Sub LV
Daytona Ceramic
Sea Dweller Single Red Anniversary.

All in the last 18 months.

lostkiwi

4,584 posts

125 months

Monday 28th January 2019
quotequote all
harleywilma said:
lostkiwi said:
Agreed. This crazy situation will last as long as people are daft enough to support it.
So who really buys these so called flip watches.
I haven't seen any one of these sell via the flippers on fleabay, Watches just get relisted over and over again.,the only ones that ive seen sell are the guys who just want to get there money back after realising there career in selling luxury watches has failed so miserably, even a few pillocks trying to sell those brash gold subs for a few dollars more even though you can walk into goldsmiths and buy them of the shelf cheaper.
What a bunch of twerps...
So all the grey market dealers aren't making money selling above list because people will pay it? If there wasn't a problem (real or perceived) Rolex ADs wouldn't hang onto warranty cards or remove all the stickers. Or is that some other hand the ADs are playing to hype the brand?

anonymous-user

55 months

Monday 28th January 2019
quotequote all
LaurasOtherHalf said:
Four watches I have bought from a large AD with zero history of purchases prior and zero other items bought;

BLNR
Sub LV
Daytona Ceramic
Sea Dweller Single Red Anniversary.

All in the last 18 months.
Exactly. Did you have to buy them in a special sequence or complete any trials to enable you to purchase them?

And loads of other posters have reported doing similar. Presumably you aren’t a celebrity?

yellowtang

1,777 posts

139 months

Monday 28th January 2019
quotequote all
LaurasOtherHalf said:
Four watches I have bought from a large AD with zero history of purchases prior and zero other items bought;

BLNR
Sub LV
Daytona Ceramic
Sea Dweller Single Red Anniversary.

All in the last 18 months.
There is, I suspect something that you aren't telling us though?.............

I'm guessing you have a good contact at the AD or connection to it - right?

There is absolutely no way that you have achieved this feat in the manner that you portray.

anonymous-user

55 months

Monday 28th January 2019
quotequote all
yellowtang said:
There is absolutely no way that you have achieved this feat in the manner that you portray.
Of course there is. All of those watches have been in regular, albeit limited, supply. Pepsi, not so much, ime but every AD is different one assumes. Ultimately a real life human being who works for the AD decides who to sell under-supplied watches to. They each can have their own criteria. Relationship is important and, of course, so is sales and bonus. In regards the latter, future potential busInes is all that matters. Past history is utterly irrelevant other than as one single predictor.

hixster

354 posts

218 months

Monday 28th January 2019
quotequote all
LaurasOtherHalf said:
Four watches I have bought from a large AD with zero history of purchases prior and zero other items bought;

BLNR
Sub LV
Daytona Ceramic
Sea Dweller Single Red Anniversary.

All in the last 18 months.

lol.. hmm yes mate. For someone which such a great collection, i'm surprised you haven't contributed more to the wrist check forum.
Are you positive you don't have a relationship with an AD??

Edited by hixster on Monday 28th January 21:06

Nano2nd

3,426 posts

257 months

Monday 28th January 2019
quotequote all
yellowtang said:
LaurasOtherHalf said:
Four watches I have bought from a large AD with zero history of purchases prior and zero other items bought;

BLNR
Sub LV
Daytona Ceramic
Sea Dweller Single Red Anniversary.

All in the last 18 months.
There is, I suspect something that you aren't telling us though?.............
yeah like that they were second hand.... whens the last time you could by a new LV from an AD?

Motorsport3

499 posts

193 months

Monday 28th January 2019
quotequote all
Being PH for some time and spending most of my time on cars and bikes section but watches is good fun too.

Someone mentioned earlier about Paul Newman as a reason for Rolex strong following. Watch the Jim Carrey's classic "I love you Philip Morris" and let me know what you think of Rolex status afterwards.

Edited by Motorsport3 on Monday 28th January 20:50