Has the Rolex bubble finally burst? Perhaps it has

Has the Rolex bubble finally burst? Perhaps it has

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Discussion

Wheelspinning

1,214 posts

31 months

Saturday 27th April
quotequote all
I got a call the other day saying that Mark Appleby the Crown Jeweller is going to be in branch for the afternoon and asking if we fancied coming on for a chat with him.

Not something I had ever thought about and actually think it could be quite interesting, so we took them up on their offer.

After googling him he is only the 10th ever Crown Jeweller.

Anybody else going alone?

greggy50

6,173 posts

192 months

Saturday 27th April
quotequote all
Four years on the waiting list for a GMT and still no luck.

Went into branch today and all I could have was a Sea Dweller or a yellow gold and black submariner date.

GeneralBanter

823 posts

16 months

Sunday 28th April
quotequote all
greggy50 said:
Four years on the waiting list for a GMT and still no luck.

Went into branch today and all I could have was a Sea Dweller or a yellow gold and black submariner date.
Buy this instead. They only made 20 of which far less remain. Useable everyday and 230bhp.



And most importantly it’s available immediately and you don’t have to plead to buy it.

bristolbaron

4,846 posts

213 months

Sunday 28th April
quotequote all
GeneralBanter said:
greggy50 said:
Four years on the waiting list for a GMT and still no luck.

Went into branch today and all I could have was a Sea Dweller or a yellow gold and black submariner date.
Buy this instead. They only made 20 of which far less remain. Useable everyday and 230bhp.



And most importantly it’s available immediately and you don’t have to plead to buy it.
You’ll need quite a big wrist though.

GeneralBanter

823 posts

16 months

Sunday 28th April
quotequote all
bristolbaron said:
You’ll need quite a big wrist though.
You can wear the keys on a fancy key fob and swank around with it. Job done.

I’m just trying to help those that can’t get an AD to sell them anything by suggesting a viable kudos alternative investment.

Longy00000

1,361 posts

41 months

Sunday 28th April
quotequote all
I have never seen my watches as investments and neither have I believed my vehicles to be investments. I buy them cars and watches as I like them and want to use them.
If I get bored with any of them I would just change it but not from an investment perspective.
My investments are just that a portfolio of funds, direct stock holdings, bank deposits and so forth leaving my watches to be watches and cars to be cars.
As nice as that little TVR is the ownership costs are going to be considerably more than the ongoing ownership costs of a watch. Nice car all the same.

Regbuser

3,579 posts

36 months

Sunday 28th April
quotequote all
Yawn

Thread needs more Rolex

M1K3 said:
Just landed in Spain, happened upon a multi-brand AD whilst waiting for hotel check in time.

The boss now has her first PP. She has wanted this model for ages and our local AD has always given the run around.




For myself, I tried the root beer, RG sky-dweller and yellow gold Daytona.

I settled on the Daytona



21% VAT refund makes this not an awful deal.

The other options were these two:


Edited by M1K3 on Sunday 28th April 09:28

Shnozz

27,511 posts

272 months

Sunday 28th April
quotequote all
I rather like that gold Daytona in an 80’s way.

Were these all just available off the shelf?

matrignano

4,396 posts

211 months

Sunday 28th April
quotequote all
Wheelspinning said:
I got a call the other day saying that Mark Appleby the Crown Jeweller is going to be in branch for the afternoon and asking if we fancied coming on for a chat with him.

Not something I had ever thought about and actually think it could be quite interesting, so we took them up on their offer.

After googling him he is only the 10th ever Crown Jeweller.

Anybody else going alone?
Where is that please? I’d love to go!

Does he buy everything the royals wear? Prince Charles IIRC likes Ulysse Nardin but no idea where he (his direct staff) sources things that he wants for him or if he picks from a “catalogue” suggested by the crown watch guv?

Longy00000

1,361 posts

41 months

Sunday 28th April
quotequote all
I would have thought that an expression of interest would be made direct to the factory and then a design created and signed off in due process.
I can't believe off the shelf products would be sourced for the royals even if it was just a case of adding a royal Monika or something to personalise it.

POW spec Aston Martin cars springs to mind

RSTurboPaul

10,445 posts

259 months

Monday 29th April
quotequote all
How does the 21% VAT refund when buying from Spain work?

Surely one has to declare the purchase at the UK border and then pay 20% VAT, meaning you save 1%?


Obviously I should know this but my manservant is running errands for me right now so can't check for me...

fozzy280472

314 posts

149 months

Monday 29th April
quotequote all
Picked up yesterday , First Rolex , very happy .

Should add , it's very tight on my wrist so have ordered a couple of spare links at a very reasonable price from the dealer .

popeyewhite

19,983 posts

121 months

Monday 29th April
quotequote all
RSTurboPaul said:
How does the 21% VAT refund when buying from Spain work?

Surely one has to declare the purchase at the UK border and then pay 20% VAT, meaning you save 1%?
You are correct. Either the OP has forgotten this (unlikely) and will end up paying, or him and his wife will wear the watches through customs NTD. Is there also a small import tax?

QuartzDad

2,264 posts

123 months

Monday 29th April
quotequote all
OP doesn't live in the UK IIRC.

bordseye

1,988 posts

193 months

Monday 29th April
quotequote all
Anybody managed a discount from an AD yet? Likely not - dont reckon the market is soft enough yet.

smithyithy

7,260 posts

119 months

Monday 29th April
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I didn't used to like yellow gold, but I'd love a Daytona or Date Date in YG with a black dial, proper cool pieces..

popeyewhite

19,983 posts

121 months

Monday 29th April
quotequote all
QuartzDad said:
OP doesn't live in the UK IIRC.
The poster in question lists his address as UK on his profile?

BigBen

11,653 posts

231 months

Monday 29th April
quotequote all
fozzy280472 said:
Picked up yesterday , First Rolex , very happy .

Should add , it's very tight on my wrist so have ordered a couple of spare links at a very reasonable price from the dealer .
That looks fantastic, I really like the Air King design but can imagine it being tight. I went to try one on and it wouldn't go over my hand with the default number of links.

Bob_Defly

3,702 posts

232 months

Monday 29th April
quotequote all
fozzy280472 said:
Picked up yesterday , First Rolex , very happy .

Should add , it's very tight on my wrist so have ordered a couple of spare links at a very reasonable price from the dealer .
Why should you have to pay to get it sized correctly, that's bizarre?

Louis Balfour

26,359 posts

223 months

Monday 29th April
quotequote all
Bob_Defly said:
fozzy280472 said:
Picked up yesterday , First Rolex , very happy .

Should add , it's very tight on my wrist so have ordered a couple of spare links at a very reasonable price from the dealer .
Why should you have to pay to get it sized correctly, that's bizarre?
Guessing not a new one.