Has the Rolex bubble finally burst? Perhaps it has
Discussion
BigBen said:
Barchettaman said:
Portofino said:
Just my little ode to Rolex. I wore my Sub for about 2 hours yesterday. Just looked at it on the bedside drawer & it’s still going with the correct time. No other of my watches would be…..
Are we all due a whoosh parrot here?Buster73 said:
Paid £3670 for my Daytona in 2003 , which was rrp back in the day, surprisingly enough no discount was negotiable.
Still got the price sticker on the box.
Mine was exactly the same price in September 2004 Still got the price sticker on the box.
I remember the salesman trying to get me to put my name down for the soon to be available 'LV' when I picked it up, didn't really like the look of it so didn't bother, probably not the smartest 'investment' move I've ever made but I just bought what I liked, up until then the collection had been predominantly Heuer's.
raceboy said:
Mine was exactly the same price in September 2004
I remember the salesman trying to get me to put my name down for the soon to be available 'LV' when I picked it up, didn't really like the look of it so didn't bother, probably not the smartest 'investment' move I've ever made but I just bought what I liked, up until then the collection had been predominantly Heuer's.
Bought my second Daytona ( black faced ) for the same price in 2005 , still got it bnib and never been worn , all stickers in place as well ! , remember them ?I remember the salesman trying to get me to put my name down for the soon to be available 'LV' when I picked it up, didn't really like the look of it so didn't bother, probably not the smartest 'investment' move I've ever made but I just bought what I liked, up until then the collection had been predominantly Heuer's.
I was offered a LV from stock and refused it as I didn’t like it , I’ve just recently been looking at one and it’s been sold at £13k
Hindsight, you get the best view.
ben5575 said:
That was an excellent article and led me on to an expensive obsession with vintage watches. IIRC, Daytona's were around £4,600 new and £5,500 grey at the time.
Can't find the article anywhere online though, so if anyone on here remembers it/has a copy/can point me to the issue number
I really don’t throw anything away Can't find the article anywhere online though, so if anyone on here remembers it/has a copy/can point me to the issue number
EVO August 2000 Issue 022
Edited by raceboy on Tuesday 14th March 20:08
Portofino said:
BigBen said:
Barchettaman said:
Portofino said:
Just my little ode to Rolex. I wore my Sub for about 2 hours yesterday. Just looked at it on the bedside drawer & it’s still going with the correct time. No other of my watches would be…..
Are we all due a whoosh parrot here?It wouldn't seem to be a particularly reliable or precise unit of comparison...
RSTurboPaul said:
Portofino said:
BigBen said:
Barchettaman said:
Portofino said:
Just my little ode to Rolex. I wore my Sub for about 2 hours yesterday. Just looked at it on the bedside drawer & it’s still going with the correct time. No other of my watches would be…..
Are we all due a whoosh parrot here?It wouldn't seem to be a particularly reliable or precise unit of comparison...
In this this episode we talk to Roman Sharf all about the ups and downs of the secondary Rolex market.
https://www.youtube.com/watch?v=XY_f0Q5aKlQ
"Roman is a very experienced knowledgeable watch trader and this is definitely the best analysis and explanation of the luxury watch market over the last few years I have heard !"
https://www.youtube.com/watch?v=XY_f0Q5aKlQ
"Roman is a very experienced knowledgeable watch trader and this is definitely the best analysis and explanation of the luxury watch market over the last few years I have heard !"
Edited by BillyBigbks on Wednesday 15th March 12:24
DanL said:
I’m not a “watch person”, per se - I don’t have a collection of watches or any desire to own several. You can only wear one at a time, after all!
I’ll give you an honest answer. I bought mine because:
1. I love the look of it, and
2. It’s a Rolex.
There are plenty of other watches that look similar enough to mine and cost a lot less, so it’s obviously not just about the styling. The brand makes it a clearly recognisable “expensive” watch, and as a result a bit of flash. I wear branded clothing, I drive an (old) German car, I own a Rolex. I am a walking cliche, and a marketing man’s dream.
Thats a commendably honest post Dan. But the " I wear branded clothing, I drive an (old) German car, I own a Rolex. I am a walking cliche, and a marketing man’s dream " puzzles me. Would the average Joe know what make of clothes you were wearing and for that matter, what brands of clothes go with the bit of flash? I wouldnt have a clue. What (old) German car is up there with it - leaving aside the true vintage I guess a gull wing merc might but nothing much else comes to mind.I’ll give you an honest answer. I bought mine because:
1. I love the look of it, and
2. It’s a Rolex.
There are plenty of other watches that look similar enough to mine and cost a lot less, so it’s obviously not just about the styling. The brand makes it a clearly recognisable “expensive” watch, and as a result a bit of flash. I wear branded clothing, I drive an (old) German car, I own a Rolex. I am a walking cliche, and a marketing man’s dream.
But you are right. British men like uniforms of the casual type. You see guys whose hobby is sailing wearing a lot of Musto gear. The hunting shooting fishing types in lovat green. Army officers in civvies are almost instantly recogniseable as such. So we do pick up on these sort of things. Even down to shoes - are they old leather or trainers type footwear
bordseye said:
BigBen said:
Isn't the point being made that after only two hours of wear the automatic winder was good enough to keep it going until the next day. That sounds pretty good to me.
Does to me too - my old Seamaster wont do that. Disappointed - no it didnt. But it is an epic thread given that its about the imminent collapse of Rolex prices yet most of the posters say that they dont care about the prices! Or to put it another way, 500 pages of posts about something the posters arent interested in.
Edited by bordseye on Thursday 16th March 14:03
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