Has the Rolex bubble finally burst? Perhaps it has

Has the Rolex bubble finally burst? Perhaps it has

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Discussion

okgo

38,038 posts

198 months

Monday 25th March
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Obviously the parts aren’t interchangeable.

dom9

8,078 posts

209 months

Monday 25th March
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Worryingly; 99% are, even down to tiny movement parts.

Finishing isn't as good on the bits you can't see, but it literally takes a microscope in many cases.

It's incredibly scary stuff and if anyone follows Perezscope (Jose), fakes are everywhere, all the big name dealers and auction houses (albeit we're not generally taking the Chinese replica stuff here): https://perezcope.com/

ashleyman

6,986 posts

99 months

Monday 25th March
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InformationSuperHighway said:
bordseye said:
If ebay offer an authenticity guarantee, presumably they pay up if the watch proves not to be authentic.
I can only imagine it's tied to Paypal.

Refund goes back to you and they take the money from the bank account of the person who sold it (Or hold the funds somehow before the authenticity is performed).
It’s not. eBay now handle most seller funds and will have a direct link to the sellers bank account as all payouts are straight from eBay to bank account. Either way the authentication guarantee basically means that if eBay receive a fake watch you automatically get a refund and they deal with everything else. I’m not sure what happens if a watch passes authentication and then comes to you and it’s later found out to be fake. Most of the items have tags attached on delivery which would still need to be attached in the event of a dispute.

Dinoboy

2,499 posts

217 months

Tuesday 26th March
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The seller only receives the payment after the eBay authentication is complete.

Longy00000

1,346 posts

40 months

Tuesday 26th March
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bordseye said:
And that has to be the issue. If you can get a fake that is so good it cannot be told apart and whose parts are interchangeable with the real Rolex, than why pay 100 times as much for the real thing?
But this how luxury products thrive.
I sometimes wear my £25 casio but only because its not pretending to be anything other than a £25 casio. I would never wear a £25 watch if it was pretending to be a £2500 omega or similar.
Why buy a branded polo shirt for £100 when Asda can sell you a similar polo shirt for a tenner?
People buy luxury goods because they themselves know its real and it makes them feel good and thats before you get into things like build quality and design details etc.
Personally I would never knowingly buy a fake product as I don't see the point. To put it simply, I think i would FEEL fake for wearing it rather than feeling good.
I know others will have a different attitude though

RSTurboPaul

10,374 posts

258 months

Tuesday 26th March
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Longy00000 said:
bordseye said:
And that has to be the issue. If you can get a fake that is so good it cannot be told apart and whose parts are interchangeable with the real Rolex, than why pay 100 times as much for the real thing?
But this how luxury products thrive.
I sometimes wear my £25 casio but only because its not pretending to be anything other than a £25 casio. I would never wear a £25 watch if it was pretending to be a £2500 omega or similar.
Why buy a branded polo shirt for £100 when Asda can sell you a similar polo shirt for a tenner?
People buy luxury goods because they themselves know its real and it makes them feel good and thats before you get into things like build quality and design details etc.
Personally I would never knowingly buy a fake product as I don't see the point. To put it simply, I think i would FEEL fake for wearing it rather than feeling good.
I know others will have a different attitude though
Because the marketing people have trained them to think they will feel good by spending lots of cash on their veblen goods products? wink


The well-known 'fake watches are for fake people' advertising by the same marketing people appears to be informing the later comment about feeling 'fake' for wearing a copy of something. The question is, what is there to feel 'fake' about? Buying an expensive lump of shiny metal does not somehow confer carefully-marketed 'brand attributes' on the buyer - it could be argued that to think it does is more 'fake' than someone knowingly buying a copy and openly talking about it if asked.

There is the argument that paying more gets better quality control, though, as noted. But as wheelspinning has mentioned, in his case is it almost 9-grand more of quality control?!

It's an interesting discussion. smile

paulguitar

23,431 posts

113 months

Tuesday 26th March
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RSTurboPaul said:
Because the marketing people have trained them to think they will feel good by spending lots of cash on their veblen goods products? wink


The well-known 'fake watches are for fake people' advertising by the same marketing people appears to be informing the later comment about feeling 'fake' for wearing a copy of something. The question is, what is there to feel 'fake' about? Buying an expensive lump of shiny metal does not somehow confer carefully-marketed 'brand attributes' on the buyer - it could be argued that to think it does is more 'fake' than someone knowingly buying a copy and openly talking about it if asked.

There is the argument that paying more gets better quality control, though, as noted. But as wheelspinning has mentioned, in his case is it almost 9-grand more of quality control?!

It's an interesting discussion. smile
I think there is a simple division here. People who would be comfortable wearing a fake watch and people who wouldn't. I would feel like a fraud wearing one, and never would. Hard to explain, but very much a real feeling.




RSTurboPaul

10,374 posts

258 months

Tuesday 26th March
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paulguitar said:
I think there is a simple division here. People who would be comfortable wearing a fake watch and people who wouldn't. I would feel like a fraud wearing one, and never would. Hard to explain, but very much a real feeling.
I think it is fair comment to say there are two camps. smile

I think it is interesting to analyse why we feel what we do - as I have noted, I suspect we are trained by marketing to associate 'brand values' to brands, which leads some to feel 'cheated' when thinking/perceiving that someone wearing a given item has those 'values' but is later found to have not paid as much for the outward appearance of those 'values'.

For me, how a watch (or any given item) worn by someone else is perceived by a person says more about that person than the wearer.


EDIT: I fear we are straying off-topic somewhat tongue out but it is interesting to hear wheelspinning's comments given his past buying choices.

Personally speaking, I hope we are soon able to secure the Rolex we want at little to no wait, although I still take issue with the ongoing price inflation that seems to bear little relation to real life... lol

Edited by RSTurboPaul on Tuesday 26th March 10:10

NDA

21,574 posts

225 months

Tuesday 26th March
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paulguitar said:
I think there is a simple division here. People who would be comfortable wearing a fake watch and people who wouldn't. I would feel like a fraud wearing one, and never would. Hard to explain, but very much a real feeling.
Yep.

I was in Rolex last year having a Datejust serviced - whilst waiting to be seen a man in a white Rolex coat came out to tell the chap sitting next to me that they couldn't service his watch as it was a fake. I was surprised they gave the watch back to him - I'd heard these were usually confiscated.

I do have a couple of fakes (Patek and Rolex) - bought for sizing and trying out before buying the real thing. I've never worn them outside of my house though.

stanlow45

304 posts

6 months

Tuesday 26th March
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I did buy a couple of replicas (Paganis) for wearing into Khan's London and other war zones since I would never risk wearing a real one at present. It's fairly obvious they are copies rather than the real thing because of the big 'Pagani' logo on the face. They even keep fairly good time.


DanL

6,215 posts

265 months

Tuesday 26th March
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stanlow45 said:
I did buy a couple of replicas (Paganis) for wearing into Khan's London and other war zones since I would never risk wearing a real one at present. It's fairly obvious they are copies rather than the real thing because of the big 'Pagani' logo on the face. They even keep fairly good time.
Surely this is why you have insurance? A mugger (as the news shows: https://www.bbc.co.uk/news/uk-england-london-67761... ) wont necessarily know if a watch is fake or not, so either wear a Casio or something real…

JEA1K

2,504 posts

223 months

Tuesday 26th March
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Dinoboy said:
The seller only receives the payment after the eBay authentication is complete.
Not in all cases. I sold two watches on ebay last year, a Speedmaster and an Explorer II and both payments were cleared and sent to me immedietly ... funds sent to me from ebay the following day. I didn't get chance to send the watch off in both cases until the day after the sale.

If there had been an issue, I'm sure ebay would have taken payment from my credit card!

Presuming Ed

1,401 posts

208 months

Tuesday 26th March
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DanL said:
Surely this is why you have insurance? A mugger (as the news shows: https://www.bbc.co.uk/news/uk-england-london-67761... ) wont necessarily know if a watch is fake or not, so either wear a Casio or something real…
I had a Seiko Daytona Panda that was removed from my wrist whilst in Barcalona. My fault as I genuinely thought these muggers were a bit more savvy.

Nurburgsingh

5,119 posts

238 months

Tuesday 26th March
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DanL said:
stanlow45 said:
I did buy a couple of replicas (Paganis) for wearing into Khan's London and other war zones since I would never risk wearing a real one at present. It's fairly obvious they are copies rather than the real thing because of the big 'Pagani' logo on the face. They even keep fairly good time.
Surely this is why you have insurance? A mugger (as the news shows: https://www.bbc.co.uk/news/uk-england-london-67761... ) wont necessarily know if a watch is fake or not, so either wear a Casio or something real…
you know they do £5K G-Shocks right?

DanL

6,215 posts

265 months

Tuesday 26th March
quotequote all
Nurburgsingh said:
DanL said:
stanlow45 said:
I did buy a couple of replicas (Paganis) for wearing into Khan's London and other war zones since I would never risk wearing a real one at present. It's fairly obvious they are copies rather than the real thing because of the big 'Pagani' logo on the face. They even keep fairly good time.
Surely this is why you have insurance? A mugger (as the news shows: https://www.bbc.co.uk/news/uk-england-london-67761... ) wont necessarily know if a watch is fake or not, so either wear a Casio or something real…
you know they do £5K G-Shocks right?
I’m sure they do - what’s your point? biggrin

Nurburgsingh

5,119 posts

238 months

Tuesday 26th March
quotequote all
DanL said:
I’m sure they do - what’s your point? biggrin
wearing the 'wrong' Casio will make you a target too...

ruhall

506 posts

146 months

Tuesday 26th March
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stanlow45 said:
I did buy a couple of replicas (Paganis) for wearing into Khan's London and other war zones since I would never risk wearing a real one at present. It's fairly obvious they are copies rather than the real thing because of the big 'Pagani' logo on the face. They even keep fairly good time.
Presumably a wind-up (post, not watch).

Arm sliced off, mugger then notices incorrect Pagani logo and hands watch back "Sorry bro, didn't realise it was a faking fake". "Carry on".

Gastons_Revenge

82 posts

4 months

Tuesday 26th March
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Nurburgsingh said:
wearing the 'wrong' Casio will make you a target too...
Nobody's on the lookout for an MT-G over a GMT Master II biggrin

BigBen

11,641 posts

230 months

Tuesday 26th March
quotequote all
ruhall said:
Presumably a wind-up (post, not watch).

Arm sliced off, mugger then notices incorrect Pagani logo and hands watch back "Sorry bro, didn't realise it was a faking fake". "Carry on".
AIUI the conversation with the mugger is 'give me your watch or I will slice your arm off' rather than slice first ask questions later.......

Raptor7000r

243 posts

69 months

Tuesday 26th March
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Seen decent fake submariners, never seen any datejust or 2 tone model that looks right.

Would like to see all these indistinguishable models spoken about, never seen anything close that they cannot be picked out against each other unless it was a plain jane submariner.