Has the Rolex bubble finally burst? Perhaps it has

Has the Rolex bubble finally burst? Perhaps it has

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Discussion

PistonGuy66

769 posts

54 months

Monday 10th February 2020
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matrignano said:
I’m going to Tokyo next Friday.

Is there a particular sports model I should think of getting for making a quick buck?
I have zero interest in Rolex’s to be honest, would only do it if it’s an easy few grand.

Or I’m happy to take an order if anyone’s serious!
Yes please i will have a steel daytona, a 5990 PP and a Rolex Ltd edition corona please.

matrignano

4,396 posts

211 months

Monday 10th February 2020
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PistonGuy66 said:
Yes please i will have a steel daytona, a 5990 PP and a Rolex Ltd edition corona please.
You can have the Rolexi, I’ll keep the Patek hehe

PistonGuy66

769 posts

54 months

Monday 10th February 2020
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matrignano said:
PistonGuy66 said:
Yes please i will have a steel daytona, a 5990 PP and a Rolex Ltd edition corona please.
You can have the Rolexi, I’ll keep the Patek hehe
Thanks!! Lol

OlonMusky

708 posts

55 months

Tuesday 11th February 2020
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gizlaroc said:
OlonMusky said:
This just proves the stupidity of masses. These couldn't be given away 3/4 years ago.
That is nonsense.

They were still not easy to get, you couldn't walk into an AD and just buy a new one, and there was only about a dozen in the UK for sale when I wanted one, but they were around the £3650-4150 mark for a used one.


And also watch fashion has changed a lot in the last 5 years.

Sports watches took off big time 20 years or so ago and have kept climbing, however in the last few years we have seen a return to some vintage pieces and pieces that have that vintage look, which the Explorer falls into.

But in the last year or so a lot of the people I know who have been wearing sports watches for the last 10 or 20 years, now are wearing Datejusts, OP39s, Rail Masters, Aqua Terras, Seiko Spring Drives etc.

We are also seeing products like the Black Bay 58 and the new Omega Diver 300M with mesh strap and vintage colourings.


Many are liking the simplicity of some of the vintage styling and thus the pieces with a simpler look will of course go up in value.
Why are you so sensitive and defensive? Around 2016 you could have easily bought the Explorer and the Explorer 2. Many ADs had them in stock (especially the small hands Explorer 1 which was replaced by the newer version in 2016), whilst Subs/GMT's were all sold out. Now anything that carries the Rolex logo sells at premium - it has nothing to do with fashion but rather hype and people being sheep.

LaurasOtherHalf

21,429 posts

197 months

Tuesday 11th February 2020
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A rising tide lifts all boats, and the Explorer II fits that perfectly. Being quoted long wait lists for them is insane considering even when the Rolex hype train was running you could still pick these up easily in ADs.

In fact, a mate wanted a cheap sports model for his son and I pointed him in the direction of a couple as good potential “investments”. His one in particular would cost circa £2k more to buy today than three years ago.

The shame is, it is a lovely watch in both black and polar versions (I find the black dial pleasingly retro with the orange highlights) and I’ve got a Polar tucked away, fully stickered up waiting for it’s inevitable retirement from the line up.

I really have thought about doing a thread on how much these watches have made in the last 3 years for me, the “profit” I’m sat on in not inconsequential! It’s a great hobby.

In correlation with Don and Dom however, I’m way more into the pre-ceramic models despite my daily being a 126600. My early Kermit is a keeper.

anonymous-user

55 months

Tuesday 11th February 2020
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LaurasOtherHalf said:
A rising tide lifts all boats, and the Explorer II fits that perfectly. Being quoted long wait lists for them is insane considering even when the Rolex hype train was running you could still pick these up easily in ADs.

In fact, a mate wanted a cheap sports model for his son and I pointed him in the direction of a couple as good potential “investments”. His one in particular would cost circa £2k more to buy today than three years ago.

The shame is, it is a lovely watch in both black and polar versions (I find the black dial pleasingly retro with the orange highlights) and I’ve got a Polar tucked away, fully stickered up waiting for it’s inevitable retirement from the line up.

I really have thought about doing a thread on how much these watches have made in the last 3 years for me, the “profit” I’m sat on in not inconsequential! It’s a great hobby.

In correlation with Don and Dom however, I’m way more into the pre-ceramic models despite my daily being a 126600. My early Kermit is a keeper.
I thought some of the explorer models were very unpopular though? I don’t really know much about them tbh.

Except I want that 1655



I quite like the new Explorer II seems a nice GMT watch but I think it would be better without the Mercedes hand.

andy tims

5,583 posts

247 months

Tuesday 11th February 2020
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El stovey said:
Except I want that 1655

It wasn't that long ago that a really nice 1655 could be had for about £6,500

don logan

3,523 posts

223 months

Tuesday 11th February 2020
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dom9 said:
Apologies for the thread diversion but since moving back to the UK we have done... 2x Williams, 2x V6, 1x 172 and that's just the Renaults!

Back on thread... I still think the metal bezel, stainless, Rolex sports watches are peak day-to-day watch. Almost a shame they're so expensive now but there's clearly a reason.
FANTASTIC! There is something about them, I’d happily have a small collection of them!

I’m starting to feel the pre ceramics have more “value”, not just in outright £ numbers but in authenticity / integrity, less “flash”, I’m not anti ceramic bezel though

don logan

3,523 posts

223 months

Tuesday 11th February 2020
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LaurasOtherHalf said:
A The shame is, it is a lovely watch in both black and polar versions (I find the black dial pleasingly retro with the orange highlights) and I’ve got a Polar tucked away, fully stickered up waiting for it’s inevitable retirement from the line up.

I really have thought about doing a thread on how much these watches have made in the last 3 years for me, the “profit” I’m sat on in not inconsequential! It’s a great hobby.
I bought a black dial Exp 2 in France in 2014, after a discount (yes discount) and a good exchange rate, it worked out to be £4,400

When I bought it I thought it might be the ONE watch that did everything and wasn’t the obvious choice, I do fall in and out of love with it though, sentimental attachment to the memory of the holiday I was on at the time has stopped me selling in the past

gizlaroc

17,251 posts

225 months

Tuesday 11th February 2020
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OlonMusky said:
Why are you so sensitive and defensive? Around 2016 you could have easily bought the Explorer and the Explorer 2. Many ADs had them in stock (especially the small hands Explorer 1 which was replaced by the newer version in 2016), whilst Subs/GMT's were all sold out. Now anything that carries the Rolex logo sells at premium - it has nothing to do with fashion but rather hype and people being sheep.
Sensitive? Defensive?

No, I simply said you were talking crap.

OlonMusky

708 posts

55 months

Tuesday 11th February 2020
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gizlaroc said:
OlonMusky said:
Why are you so sensitive and defensive? Around 2016 you could have easily bought the Explorer and the Explorer 2. Many ADs had them in stock (especially the small hands Explorer 1 which was replaced by the newer version in 2016), whilst Subs/GMT's were all sold out. Now anything that carries the Rolex logo sells at premium - it has nothing to do with fashion but rather hype and people being sheep.
Sensitive? Defensive?

No, I simply said you were talking crap.
You clearly were in coma back in 2016, the effects of which seem to persist until now.

gizlaroc

17,251 posts

225 months

Tuesday 11th February 2020
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OlonMusky said:
You clearly were in coma back in 2016, the effects of which seem to persist until now.
Are you like this in real life too?

Camelot1971

2,704 posts

167 months

Tuesday 11th February 2020
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WindyCommon said:
PistonGuy66 said:
...when the lady clocked my S/S daytona...
Didn’t there used to be a thread specially for contributions like this..?

Whatever, it’s proof that the bubble is alive and well!
He wears it around his neck on a chain. So the plebs know he is a man of exquisite taste and has considerably more money than yew (sic)

wink

OlonMusky

708 posts

55 months

Tuesday 11th February 2020
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gizlaroc said:
OlonMusky said:
You clearly were in coma back in 2016, the effects of which seem to persist until now.
Are you like this in real life too?
Like what? You'd have to be more specific.

gizlaroc

17,251 posts

225 months

Tuesday 11th February 2020
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OlonMusky said:
Like what? You'd have to be more specific.
Why don't you have a look back through your posting history.
Pretend it is someone else and really stop and think how you come across.

OlonMusky

708 posts

55 months

Tuesday 11th February 2020
quotequote all
gizlaroc said:
OlonMusky said:
Like what? You'd have to be more specific.
Why don't you have a look back through your posting history.
Pretend it is someone else and really stop and think how you come across.
Since you're such an expert on "coming across" how about you start from exercising self-awareness, eh? I.e. practice what you preach.

Tony1963

4,799 posts

163 months

Tuesday 11th February 2020
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Handbags!

So

26,359 posts

223 months

Ninjin

1,179 posts

76 months

Wednesday 12th February 2020
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PistonGuy66 said:
smithyithy said:
PistonGuy66 said:
I dare say there are plenty in HK for £10k, but you have either got to fly over there and spend 2 weeks in a hotel room or post it and hope it turns up and if it does pay the greedy fkers at customs??
Don't you just wear the watch and post the empty box back to your home address?
Yes you can do that, but do you fancy going to HK at the moment and maybe getting put in a isolation camp for two weeks!! Then you have to get there and back for less than the price here and over there? And lastly why the fk would anyone want to go to that crap hole unless you have to!!! Lol
I've just come back from HK and have to agree that it's not a place to be at the moment. I'm not refering to the issue of protection against the Virus more that over the past 6months of riots and now the virus, HK is no longer the same place.

I cut my trip short from 3weeks to 2weeks and was happy to come back to the UK. People are staying inside, either at work or home. There are no people in the streets (maybe 50% down), restaurants which before you had to queue are now walk in. I came back because there was no point staying as everyone was prefering to stay safe and we all agreed to stay apart and catch up next time.

Something you did see, which stood out like sore thumb.... The only people who weren't wearing a face mask, were always caucasian..... Go Figure.


Ninjin

1,179 posts

76 months

Wednesday 12th February 2020
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robm3 said:
I just got back from HK last week. Went to about five or six stores looking for an Air King or anything SS sports.
Of course there was nothing in any store.
However one Rolex chap owned up and said that basically, they keep ordering, but nothing turns up.
Every now and then they get one or two Stainless Sports models at the bottom of a box from Rolex and that's it. No information is forthcoming from Rolex themselves.

The dealers are just as frustrated apparently.
Without some serious contacts, serious spend or bundling, you won't get a Hot Rolex model at Retail in HK.

One friend paid HK$120,000 for a brand new hulk. He even had to wait 6months for it. Came out of the back door of an AD and the deal was done with a salesman of the store.

Same friend wanted a CHNR and was told buy the AD that if bundled with 2 Tudor's at retail, then he could have all 3 right away.

Another friend, who knows the owner of one of the Rolex AD chains, was offered anything he wanted at retail, Rolex or PP.

Unfortunately, this is how HK has always been. Either have connections, pay premium or just be a big VIP spender.