Has the Rolex bubble finally burst? Perhaps it has

Has the Rolex bubble finally burst? Perhaps it has

Author
Discussion

okgo

38,077 posts

199 months

Tuesday 28th March 2023
quotequote all
BOR said:
Why would she give the slightest of two sts?

"okgo sent me".

"Er, OK, let me get that Daytona out of the safe, just for you"
Worth a go though isn't it, for two reasons.

1. I've bought a bit from them and as I said it has helped others before that I know, and indeed I was introduced to them in the first instance too.
2. They're not fking dicks like some of the stories I've read in here.

Wheelspinning

1,214 posts

31 months

Tuesday 28th March 2023
quotequote all
Louis Balfour said:
CharlesdeGaulle said:
I'm learning a lot from this thread. I thought 'wrist real estate' was bad enough, but now I've picked up 'blether' and 'cuppy'.
I don't know what a "blether" is, but a "cuppy" sounds like some sort of reach-around, the details of which I am happy should evade me.
Aww thats cute...look how funny you two are. tumbleweed



Louis Balfour

26,304 posts

223 months

Tuesday 28th March 2023
quotequote all
Wheelspinning said:
Louis Balfour said:
CharlesdeGaulle said:
I'm learning a lot from this thread. I thought 'wrist real estate' was bad enough, but now I've picked up 'blether' and 'cuppy'.
I don't know what a "blether" is, but a "cuppy" sounds like some sort of reach-around, the details of which I am happy should evade me.
Aww thats cute...look how funny you two are. tumbleweed
Don't try to sweet talk me, I am not going to give you a cuppy. You might self-deploy.


InformationSuperHighway

6,037 posts

185 months

Tuesday 28th March 2023
quotequote all
Wheelspinning said:
AstonZagato said:
I can understand not liking being an outsider but I'd gently suggest that buying a Rolex is unlikely to bring you into an inner circle (I know you didn't suggest it would).

I often feel like an imposter - a poor lad who "done good" - and so I think I know the outside syndrome of which you speak.

I also would suggest that you look harder outside of the Rolex world. There are so many great brands - Omega, Bremont, Breitling, IWC, etc. that don't require a bizarre pantomime to buy the watch you want at RRP. I have some JLCs, an Omega, a Breitling and I am considering adding a Breguet or a Bremont. I have my name down for two Rolexes (a GMT and a Skydweller) but I am not inclined to "get to know the names of my AD's children" to own them. If they turn up, then fine. If they don't, well, it's no skin off my nose. It's just a feckin' watch.

With my relaxed attitude, I suspect that I will never "get the call" but I am not bothered in the slightest.
Its strange reluctance that people seem to have against being friendly and showing an interest in others.

When we are undertaking a contract at a clients house, we are there for around 16weeks and if its theirs or their kids birthdays there is always a card, prezzie or a nice bottle of something.

Its just called being nice, and in my experience small gestures can make huge differences.

Whenever I am in collecting something, its an appointment thats usually booked for an hour. We usually have a good blether and asking how our kids and family are and vice versa is a usual topic.

Some people on here are totally adverse to that and might see it as a sign of weakness or whatever, I really have no interest.

Since I posted on here late January about going in with my son to collect his watch for his 21st and got slaughtered for it, I have since been offered and bought a bluesy sub, and now a JC Deepsea.

So which route works best?

My advice is as before; call up, make an appointment, spend your allocated hour trying on a few display models over a cuppy, have a good blether indicating how long you have wanted one etc and let them get to know you.

Or alternatively, turn up unannounced, go in, tell them you want a Rolex, give them your details, leave then await the call that never comes and come on here and post bitter comments.

The choice is yours.
Wheres the cringe thread when you need it.

Pop in for a cuppy and a blether.. give me strength.. it's a watch.

Wheelspinning

1,214 posts

31 months

Tuesday 28th March 2023
quotequote all
InformationSuperHighway said:
Wheres the cringe thread when you need it.

Pop in for a cuppy and a blether.. give me strength.. it's a watch.
Going by the other thread you posted on seems like you have a few watches you can't seem to get and 'having to put your thinking cap on' to try and aquire them.

That must suck.

What you should do if you don't get offered the watches you want come onto PH and make snidey remarks...oh...you have.

coffee

DoubleSix

11,718 posts

177 months

Tuesday 28th March 2023
quotequote all
InformationSuperHighway said:
Wheres the cringe thread when you need it.
You are in it.

InformationSuperHighway

6,037 posts

185 months

Tuesday 28th March 2023
quotequote all
Wheelspinning said:
InformationSuperHighway said:
Wheres the cringe thread when you need it.

Pop in for a cuppy and a blether.. give me strength.. it's a watch.
Going by the other thread you posted on seems like you have a few watches you can't seem to get and 'having to put your thinking cap on' to try and aquire them.

That must suck.

What you should do if you don't get offered the watches you want come onto PH and make snidey remarks...oh...you have.

coffee
I think you need to re-read my comments. My thinking cap is on as to which watches I want, not how I acquire them (Cupping or no cupping).

I'm on the list and if one day I get a call great, if not whatever... I have no desire to pop in for a blether and butter up my AD with faux friendship and vomit inducing sycophancy.

Wheelspinning

1,214 posts

31 months

Tuesday 28th March 2023
quotequote all
InformationSuperHighway said:
Wheelspinning said:
InformationSuperHighway said:
Wheres the cringe thread when you need it.

Pop in for a cuppy and a blether.. give me strength.. it's a watch.
Going by the other thread you posted on seems like you have a few watches you can't seem to get and 'having to put your thinking cap on' to try and aquire them.

That must suck.

What you should do if you don't get offered the watches you want come onto PH and make snidey remarks...oh...you have.

coffee
I think you need to re-read my comments. My thinking cap is on as to which watches I want, not how I acquire them (Cupping or no cupping).

I'm on the list and if one day I get a call great, if not whatever... I have no desire to pop in for a blether and butter up my AD with faux friendship and vomit inducing sycophancy.
cry

Cupid-stunt

2,588 posts

57 months

Tuesday 28th March 2023
quotequote all
AstonZagato said:
.......I have my name down for two Rolexes (a GMT and a Skydweller) but I am not inclined to "get to know the names of my AD's children" to own them. If they turn up, then fine. If they don't, well, it's no skin off my nose. It's just a feckin' watch.

With my relaxed attitude, I suspect that I will never "get the call" but I am not bothered in the slightest.
This!!
I have a couple of watches I want.
But if I don't get them, ce la vie.

Kind of avoids the ongoing disappointment when someone else gets a watch and you don't.


Wheelspinning

1,214 posts

31 months

Tuesday 28th March 2023
quotequote all
Louis Balfour said:
Wheelspinning said:
Louis Balfour said:
CharlesdeGaulle said:
I'm learning a lot from this thread. I thought 'wrist real estate' was bad enough, but now I've picked up 'blether' and 'cuppy'.
I don't know what a "blether" is, but a "cuppy" sounds like some sort of reach-around, the details of which I am happy should evade me.
Aww thats cute...look how funny you two are. tumbleweed
Don't try to sweet talk me, I am not going to give you a cuppy. You might self-deploy.
Have another. tumbleweed


sleep

TWW

80 posts

120 months

Tuesday 28th March 2023
quotequote all
InformationSuperHighway said:
Wheelspinning said:
InformationSuperHighway said:
Wheres the cringe thread when you need it.

Pop in for a cuppy and a blether.. give me strength.. it's a watch.
Going by the other thread you posted on seems like you have a few watches you can't seem to get and 'having to put your thinking cap on' to try and aquire them.

That must suck.

What you should do if you don't get offered the watches you want come onto PH and make snidey remarks...oh...you have.

coffee
I think you need to re-read my comments. My thinking cap is on as to which watches I want, not how I acquire them (Cupping or no cupping).

I'm on the list and if one day I get a call great, if not whatever... I have no desire to pop in for a blether and butter up my AD with faux friendship and vomit inducing sycophancy.
That's great for you.

Some people want the watches and are happy to jump through a few hoops to get them.

I'll be honest and say I'd happily jump through a few hoops for a watch that would increase in value as soon as I took possession of it.

Putting people down for this and being overly-judgemental makes you sound like a... self-deployer.

Yex GTR

4,583 posts

221 months

Tuesday 28th March 2023
quotequote all
By reading this thread for a while now I am starting to believe that the employees of Rolex AD's don't actually have to work for a living any more. They get watches from Rolex and are able to sell everything they get through having someone waiting for a particular piece, randomly calling people on their list who may feel obliged to buy a watch they don't really want in order to get the one they do want at a later date, or outing the watch to the grey market where people are willing to pay over the odds for a watch they can get from an AD if they can be bothered to do a bit of leg work.

Very Porsche like approach that many others are moving towards.

If I actually wanted a brand new Rolex of any sort and an AD wanted to know anything other than my contact details I would just walk away. Life is too short to accept the Spanish Inquisition from someone who believes it is their right to look down their nose at you because they believe they can decide if you get a watch or not.

So I can accept the "Rolex Bubble" is alive and well and has no chance of bursting anytime soon with demand for new watches comprehensively exceeding supply for the foreseeable future. Perhaps this thread has run it's course.

deutsche.diagnostics

152 posts

14 months

Tuesday 28th March 2023
quotequote all
Wheelspinning said:
Since I posted on here late January about going in with my son to collect his watch for his 21st and got slaughtered for it, I have since been offered and bought a bluesy sub, and now a JC Deepsea.
Is the "bluesy sub" the bi metal with blue dial and bezel?

To be fair a few dealers have them if you ask, Schiphol had two a few weeks back.

Mate of mine bought the bi metal one with a black dial/bezel last month, in the UK, he was picking up his Seamaster from a service and joked if they had any subs, they said only the bimetal. He bought it.

Looking at EU prices and stock things "seem" to be softening.

okgo

38,077 posts

199 months

Tuesday 28th March 2023
quotequote all
I doubt they enjoy it.

Who wants to sit on their arse being paid retail money all day with nothing to make a commission on. The vibe I got was that they enjoy having things they can put in the window and actually sell.

Wheelspinning

1,214 posts

31 months

Tuesday 28th March 2023
quotequote all
deutsche.diagnostics said:
Wheelspinning said:
Since I posted on here late January about going in with my son to collect his watch for his 21st and got slaughtered for it, I have since been offered and bought a bluesy sub, and now a JC Deepsea.
Is the "bluesy sub" the bi metal with blue dial and bezel?

To be fair a few dealers have them if you ask, Schiphol had two a few weeks back.

Mate of mine bought the bi metal one with a black dial/bezel last month, in the UK, he was picking up his Seamaster from a service and joked if they had any subs, they said only the bimetal. He bought it.

Looking at EU prices and stock things "seem" to be softening.
Yes, thats the one.

It does seem that way but its only the 3rd one that they have had been allocated in the last 12mths.

Like them all, pictures don't do it justice; in the flesh it is a proper stunning watch.

shambolic

2,146 posts

168 months

Tuesday 28th March 2023
quotequote all
Wheelspinning said:
AstonZagato said:
I can understand not liking being an outsider but I'd gently suggest that buying a Rolex is unlikely to bring you into an inner circle (I know you didn't suggest it would).

I often feel like an imposter - a poor lad who "done good" - and so I think I know the outside syndrome of which you speak.

I also would suggest that you look harder outside of the Rolex world. There are so many great brands - Omega, Bremont, Breitling, IWC, etc. that don't require a bizarre pantomime to buy the watch you want at RRP. I have some JLCs, an Omega, a Breitling and I am considering adding a Breguet or a Bremont. I have my name down for two Rolexes (a GMT and a Skydweller) but I am not inclined to "get to know the names of my AD's children" to own them. If they turn up, then fine. If they don't, well, it's no skin off my nose. It's just a feckin' watch.

With my relaxed attitude, I suspect that I will never "get the call" but I am not bothered in the slightest.
Its strange reluctance that people seem to have against being friendly and showing an interest in others.

When we are undertaking a contract at a clients house, we are there for around 16weeks and if its theirs or their kids birthdays there is always a card, prezzie or a nice bottle of something.

Its just called being nice, and in my experience small gestures can make huge differences.

Whenever I am in collecting something, its an appointment thats usually booked for an hour. We usually have a good blether and asking how our kids and family are and vice versa is a usual topic.

Some people on here are totally adverse to that and might see it as a sign of weakness or whatever, I really have no interest.

Since I posted on here late January about going in with my son to collect his watch for his 21st and got slaughtered for it, I have since been offered and bought a bluesy sub, and now a JC Deepsea.

So which route works best?

My advice is as before; call up, make an appointment, spend your allocated hour trying on a few display models over a cuppy, have a good blether indicating how long you have wanted one etc and let them get to know you.

Or alternatively, turn up unannounced, go in, tell them you want a Rolex, give them your details, leave then await the call that never comes and come on here and post bitter comments.

The choice is yours.
But the shop in Gleneagles is a wee bit different to high street (although still a chain) and will get watches in for returning hotel guests who spend money in the hotel.
I was at my neighbour’s daughter’s wedding there last December.
He paid for 64 guests to stay the weekend on top of wedding costs and free bar etc in hotel, he bought a lovely watch for his wife 3 days later and was offered a few hard to get bits for himself.
He probably spent £150-200k on the wedding easily and uses the hotel frequently for family weekends away.
The Rolex boutique look after him due to hotel spend.
I don’t see a problem with that.
I do see a problem that certain ADs (Glasgow Rolex) are so far up their own erse that you need to make an appointment to give your details when you are already in an empty shop, so why don’t you just take my details now ffs?
Same chain 500m away, Omega are fantastic recently bought 3 watches from them and the new Tudor shop just opened in sane street before Christmas I got a black bay bronze again with no appointments or faffing about.
I get supply and demand as it’s the same for everything, and me ranting shows it’s working to an extent, but I just paid £4K more for a Rolex as I couldn’t be bothered waiting for 4/5 years for a watch that I have wanted for a few years anyway.
I’m just fortunate enough now to have the disposable income to afford.

Edited by shambolic on Tuesday 28th March 22:17

gregs656

10,903 posts

182 months

Wednesday 29th March 2023
quotequote all
DoubleSix said:
InformationSuperHighway said:
Wheres the cringe thread when you need it.
You are in it.
Yes. It’s one thing to play along with it all and be honest about it. It’s quite another to glorify the whole thing.

But then, look at this thread and the number of people who are unaware of the decades long history of Rolex watches being both mass produced and easily available. It’s nothing to do with watches, really, it’s money.

RSTurboPaul

10,401 posts

259 months

Wednesday 29th March 2023
quotequote all
Wheelspinning said:
AstonZagato said:
I can understand not liking being an outsider but I'd gently suggest that buying a Rolex is unlikely to bring you into an inner circle (I know you didn't suggest it would).

I often feel like an imposter - a poor lad who "done good" - and so I think I know the outside syndrome of which you speak.

I also would suggest that you look harder outside of the Rolex world. There are so many great brands - Omega, Bremont, Breitling, IWC, etc. that don't require a bizarre pantomime to buy the watch you want at RRP. I have some JLCs, an Omega, a Breitling and I am considering adding a Breguet or a Bremont. I have my name down for two Rolexes (a GMT and a Skydweller) but I am not inclined to "get to know the names of my AD's children" to own them. If they turn up, then fine. If they don't, well, it's no skin off my nose. It's just a feckin' watch.

With my relaxed attitude, I suspect that I will never "get the call" but I am not bothered in the slightest.
Its strange reluctance that people seem to have against being friendly and showing an interest in others.

When we are undertaking a contract at a clients house, we are there for around 16weeks and if its theirs or their kids birthdays there is always a card, prezzie or a nice bottle of something.

Its just called being nice, and in my experience small gestures can make huge differences.

Whenever I am in collecting something, its an appointment thats usually booked for an hour. We usually have a good blether and asking how our kids and family are and vice versa is a usual topic.

Some people on here are totally adverse to that and might see it as a sign of weakness or whatever, I really have no interest.

Since I posted on here late January about going in with my son to collect his watch for his 21st and got slaughtered for it, I have since been offered and bought a bluesy sub, and now a JC Deepsea.

So which route works best?

My advice is as before; call up, make an appointment, spend your allocated hour trying on a few display models over a cuppy, have a good blether indicating how long you have wanted one etc and let them get to know you.

Or alternatively, turn up unannounced, go in, tell them you want a Rolex, give them your details, leave then await the call that never comes and come on here and post bitter comments.

The choice is yours.
I thought it was being delivered by the AD staff to a venue with a cake, or a similar arrangement?

Or am I getting confused between people on this thread? (Entirely possible TBH.)


I am still somewhat confused why the exchange of money for a product requires spilling one's life story to 'grease the wheels' TBH. I honestly doubt any sales assistant gives the slightest hoot about me or my life the second I walk out the door if I'm not going immediately out to a bank to withdraw and bring back a large wedge of cash (and good luck with that in this current 'are you money laundering, sir???' era... lol) as I am unfortunately not in the socioeconomic class that can happily drop 5-figures on a watch every few months and therefore bump their profit margins substantially and regularly be a repeat customer worth paying any effort to.

wisbech

2,980 posts

122 months

Wednesday 29th March 2023
quotequote all
okgo said:
I doubt they enjoy it.

Who wants to sit on their arse being paid retail money all day with nothing to make a commission on. The vibe I got was that they enjoy having things they can put in the window and actually sell.
presumably they are selling to gray market dealers and splitting the profits. If they have any commercial sense.

gregs656

10,903 posts

182 months

Wednesday 29th March 2023
quotequote all
RSTurboPaul said:
Wheelspinning said:
AstonZagato said:
I can understand not liking being an outsider but I'd gently suggest that buying a Rolex is unlikely to bring you into an inner circle (I know you didn't suggest it would).

I often feel like an imposter - a poor lad who "done good" - and so I think I know the outside syndrome of which you speak.

I also would suggest that you look harder outside of the Rolex world. There are so many great brands - Omega, Bremont, Breitling, IWC, etc. that don't require a bizarre pantomime to buy the watch you want at RRP. I have some JLCs, an Omega, a Breitling and I am considering adding a Breguet or a Bremont. I have my name down for two Rolexes (a GMT and a Skydweller) but I am not inclined to "get to know the names of my AD's children" to own them. If they turn up, then fine. If they don't, well, it's no skin off my nose. It's just a feckin' watch.

With my relaxed attitude, I suspect that I will never "get the call" but I am not bothered in the slightest.
Its strange reluctance that people seem to have against being friendly and showing an interest in others.

When we are undertaking a contract at a clients house, we are there for around 16weeks and if its theirs or their kids birthdays there is always a card, prezzie or a nice bottle of something.

Its just called being nice, and in my experience small gestures can make huge differences.

Whenever I am in collecting something, its an appointment thats usually booked for an hour. We usually have a good blether and asking how our kids and family are and vice versa is a usual topic.

Some people on here are totally adverse to that and might see it as a sign of weakness or whatever, I really have no interest.

Since I posted on here late January about going in with my son to collect his watch for his 21st and got slaughtered for it, I have since been offered and bought a bluesy sub, and now a JC Deepsea.

So which route works best?

My advice is as before; call up, make an appointment, spend your allocated hour trying on a few display models over a cuppy, have a good blether indicating how long you have wanted one etc and let them get to know you.

Or alternatively, turn up unannounced, go in, tell them you want a Rolex, give them your details, leave then await the call that never comes and come on here and post bitter comments.

The choice is yours.
I thought it was being delivered by the AD staff to a venue with a cake, or a similar arrangement?

Or am I getting confused between people on this thread? (Entirely possible TBH.)


I am still somewhat confused why the exchange of money for a product requires spilling one's life story to 'grease the wheels' TBH. I honestly doubt any sales assistant gives the slightest hoot about me or my life the second I walk out the door if I'm not going immediately out to a bank to withdraw and bring back a large wedge of cash (and good luck with that in this current 'are you money laundering, sir???' era... lol) as I am unfortunately not in the socioeconomic class that can happily drop 5-figures on a watch every few months and therefore bump their profit margins substantially and regularly be a repeat customer worth paying any effort to.
You have the right person.

I don’t remember the phrasing exactly, but it was a little more effusive than suggested above.