The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > General Topics > Open Discussion Forum

Reply
 
Thread Tools Display Modes
Old 30 September 2020, 11:59 AM   #1
FTX I
"TRF" Member
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
Collecting watches is getting uncool.

With all the changes that happened on the last couple years would you agree that watch collecting got popular for the wrong reasons and is getting uncool? If you don't agree no problem. I'm just asking.
FTX I is offline   Reply With Quote
Old 30 September 2020, 12:03 PM   #2
Patton250
2024 Pledge Member
 
Patton250's Avatar
 
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
I don’t think it’s so bad. It just that there are more players and therefore less stock because of the demand but that’s the way it goes with good economies.
__________________
Morality does not derive from consensus. It only comes from one place.

Pride goes before destruction, and haughtiness before a fall.

Often times unbelief is disguised as wisdom

Instagram - patton250
Patton250 is offline   Reply With Quote
Old 30 September 2020, 12:09 PM   #3
Tools
TRF Moderator & 2024 SubLV41 Patron
 
Tools's Avatar
 
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,515
People have been collecting clocks and watches for centuries, and the NAWCC has been around since 1943.

I guess that some of us have been uncool for decades.
__________________
(Chill ... It's just a watch Forum.....)
NAWCC Member
Tools is offline   Reply With Quote
Old 30 September 2020, 12:18 PM   #4
singe89
"TRF" Member
 
singe89's Avatar
 
Join Date: Oct 2011
Real Name: Jim
Location: Orange County, CA
Watch: Rolex, AP & Patek
Posts: 3,747
I don’t like the current state. Took all the fun out of it. The hype, speculation, buying as “investments” and brands being over confident and treating longtime customers like they are doing them a favor. Longest I’ve ever gone without purchasing a watch in 20 years.
singe89 is offline   Reply With Quote
Old 30 September 2020, 01:10 PM   #5
Hollie_Rollie
2024 Pledge Member
 
Hollie_Rollie's Avatar
 
Join Date: Sep 2018
Location: U.S.A.
Watch: SD43
Posts: 3,355
Collecting watches is getting uncool.

Quote:
Originally Posted by singe89 View Post
I don’t like the current state. Took all the fun out of it. The hype, speculation, buying as “investments” and brands being over confident and treating longtime customers like they are doing them a favor. Longest I’ve ever gone without purchasing a watch in 20 years.

Same. This is the longest I’ve gone without purchasing a Rolex. I’ve bought other brands that are better quality but lack the brand equity. I’m okay with that. I wouldn’t take a break from horology as it expands beyond Rolex, ap, and Patek for me
Hollie_Rollie is online now   Reply With Quote
Old 30 September 2020, 01:21 PM   #6
pickettt
"TRF" Member
 
pickettt's Avatar
 
Join Date: Jul 2017
Location: California
Watch: Shiny One
Posts: 5,450
No, it’s just that the uncool are collecting watches now.
pickettt is offline   Reply With Quote
Old 18 December 2020, 09:33 AM   #7
hpintime1
Banned
 
Join Date: Jul 2015
Location: US
Posts: 107
Quote:
Originally Posted by singe89 View Post
I don’t like the current state. Took all the fun out of it. The hype, speculation, buying as “investments” and brands being over confident and treating longtime customers like they are doing them a favor. Longest I’ve ever gone without purchasing a watch in 20 years.
I couldn't agree with you more.
hpintime1 is offline   Reply With Quote
Old 18 December 2020, 11:59 AM   #8
dauster
"TRF" Member
 
Join Date: Mar 2019
Location: San Francisco
Posts: 3,003
Quote:
Originally Posted by singe89 View Post
I don’t like the current state. Took all the fun out of it. The hype, speculation, buying as “investments” and brands being over confident and treating longtime customers like they are doing them a favor. Longest I’ve ever gone without purchasing a watch in 20 years.
I agree, even though I just recently started actually buying luxury watches I have been window shopping and inquiring about watches at Wempe and Bucherer together with my dad for years - since I was a little boy. My dad was interested but didnt have the necessary funds to really buy expensive watches.

I always felt like the SAs were genuinely interested in talking watches and you could feel there was a genuine interest in treating the customer well.

Now I get the feeling - more often than not - that if you don't spend at least 20-30k every 8-12 months and buy stuff they can't sell you are nuisance.

Only the watch brands like ALS that are not overhyped are treating me in the old-school way - maybe it's a coincidence but they also seem to know more about watches than the average guy at the PP Ads or AP boutiques.
dauster is offline   Reply With Quote
Old 30 September 2020, 12:16 PM   #9
FTX I
"TRF" Member
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
Quote:
Originally Posted by Patton250 View Post
I don’t think it’s so bad. It just that there are more players and therefore less stock because of the demand but that’s the way it goes with good economies.
Not sure it's just that Brett . For me it's like a first album that obscure band released that blew my mind, then a second one even better, then a third, and all of a sudden they sign with a major record company and it's now on the radio everybody loves it and the last album sucks.
FTX I is offline   Reply With Quote
Old 30 September 2020, 12:18 PM   #10
Patton250
2024 Pledge Member
 
Patton250's Avatar
 
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
Quote:
Originally Posted by FTX I View Post
Not sure it's just that Brett . For me it's like a first album that obscure band released that blew your mind, then a second one even better, then a third, and all of a sudden they sign with a major record company and it's now on the radio everybody loves it and the last album sucks.
Maybe take a horological sabbatical?
__________________
Morality does not derive from consensus. It only comes from one place.

Pride goes before destruction, and haughtiness before a fall.

Often times unbelief is disguised as wisdom

Instagram - patton250
Patton250 is offline   Reply With Quote
Old 30 September 2020, 12:20 PM   #11
FTX I
"TRF" Member
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
Quote:
Originally Posted by Patton250 View Post
Maybe take a horological sabbatical?
Maybe.
FTX I is offline   Reply With Quote
Old 1 October 2020, 03:53 AM   #12
KatGirl
2024 SubLV41 Pledge Member
 
KatGirl's Avatar
 
Join Date: Jul 2012
Real Name: Kat
Location: CA, USA
Watch: 126233 Wimbledon T
Posts: 7,165
Quote:
Originally Posted by Patton250 View Post
Maybe take a horological sabbatical?
Haven’t most of us tried this, only to always come back to it? I know I have.
KatGirl is online now   Reply With Quote
Old 30 September 2020, 12:19 PM   #13
Dan Pierce
2024 Pledge Member
 
Dan Pierce's Avatar
 
Join Date: Dec 2006
Real Name: D'OH!
Location: Kentucky
Watch: Rolex-1 Tudor-3
Posts: 36,217
Quote:
Originally Posted by FTX I View Post
Not sure it's just that Brett . For me it's like a first album that obscure band released that blew my mind, then a second one even better, then a third, and all of a sudden they sign with a major record company and it's now on the radio everybody loves it and the last album sucks.
Boom!
dP
__________________
TRF Member# 1668
Bass Player in TRF "AFTER DARK" Bar & NightClub Band
Commander-in-Chief of The Nylon Nation
The Crown & Shield Club
Honorary Member of P-Club
Dan Pierce is offline   Reply With Quote
Old 1 October 2020, 01:29 PM   #14
Laszlo
2024 SubLV41 Pledge Member
 
Laszlo's Avatar
 
Join Date: Nov 2007
Location: San Francisco, CA
Watch: Date & No Date
Posts: 10,868
Quote:
Originally Posted by Dan Pierce View Post
Boom!
dP
Spot on.
__________________
"You might as well question why we breathe. If we stop breathing, we'll die. If we stop fighting our enemies, the world will die."

Paul Henreid as Victor Laszlo in Casablanca
Laszlo is offline   Reply With Quote
Old 30 September 2020, 12:19 PM   #15
sgwatchguy
"TRF" Member
 
sgwatchguy's Avatar
 
Join Date: Jan 2020
Real Name: KP Jimmy
Location: Singapore
Watch: R/AP/FPJ/Hermès/et
Posts: 6,597
I would counter that it’s never been so popular as it is now. The coolness quotient continues to increase I believe.
__________________
sgwatchguy is offline   Reply With Quote
Old 30 September 2020, 02:55 PM   #16
Thrasher36
"TRF" Member
 
Thrasher36's Avatar
 
Join Date: Oct 2014
Real Name: Thrasher
Location: USA
Watch: Polar 216570
Posts: 274
Quote:
Originally Posted by sgwatchguy View Post
I would counter that it’s never been so popular as it is now. The coolness quotient continues to increase I believe.
AGREE
Thrasher36 is offline   Reply With Quote
Old 30 September 2020, 12:42 PM   #17
77T
2024 SubLV41 Pledge Member
 
77T's Avatar
 
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 42,024
Collecting watches is getting uncool.

We are a microcosm within the tiny 0.5-1% slice of the planet’s population that can afford $10K and even more for a mechanical wristwatch.

For 8-9 years, we have had a great run collecting since the financial recession, until recent times.

In past 2-3 years, demand virtually doubled without a commensurate increase in combined factory output. It’s not fair (to me at least) to question how the buyers, channels and sellers operate as long as it is legal.


Sent from my iPhone using Tapatalk Pro
__________________


Does anyone really know what time it is?
77T is offline   Reply With Quote
Old 30 September 2020, 12:56 PM   #18
FTX I
"TRF" Member
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
Quote:
Originally Posted by 77T View Post
We are a microcosm within the tiny 0.5-1% slice of the planet’s population that can afford $10K and even more for a mechanical wristwatch.

For 8-9 years, we have had a great run collecting since the financial recession, until recent times.

In past 2-3 years, demand virtually doubled without a commensurate increase in combined factory output. It’s not fair (to me at least) to question how the buyers, channels and sellers operate as long as it is legal.


Sent from my iPhone using Tapatalk Pro
That doesn't bother me Paul. It's a whole new audience with new motivations. I've seen teenagers making watch reviews on the internet c'mon.
FTX I is offline   Reply With Quote
Old 30 September 2020, 12:48 PM   #19
TheVTCGuy
Banned
 
Join Date: Jul 2008
Real Name: Paul
Location: San Diego
Watch: 126619LB
Posts: 21,540
Man that is a great question Favio, I am not sure how to answer. I have loved watches since I was eight years old, and Rolex for about the last 40 years, but I agree the challenges of obtaining a Rolex have really dampened my enthusiasm. It is kind of like: Why get excited about a new release, when I am either going to wait years (literally) to get one at an AD or pay a 50% markup from a gray? I think I will always love Rolex but lately it has been severely curtailed.
TheVTCGuy is offline   Reply With Quote
Old 30 September 2020, 12:57 PM   #20
FTX I
"TRF" Member
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
Quote:
Originally Posted by TheVTCGuy View Post
Man that is a great question Favio, I am not sure how to answer. I have loved watches since I was eight years old, and Rolex for about the last 40 years, but I agree the challenges of obtaining a Rolex have really dampened my enthusiasm. It is kind of like: Why get excited about a new release, when I am either going to wait years (literally) to get one at an AD or pay a 50% markup from a gray? I think I will always love Rolex but lately it has been severely curtailed.
Maybe I'm one of those who believe that nothing is really cool when it's popular my friend. But that's just me.
FTX I is offline   Reply With Quote
Old 30 September 2020, 01:04 PM   #21
srvrf
2024 Pledge Member
 
srvrf's Avatar
 
Join Date: Dec 2013
Real Name: Steve
Location: Indiana
Watch: PP/AP/VC
Posts: 2,158
I just think it’s different. The rules have changed for many reasons and I think it has driven some of us out of the game for the time being. I have two fantastic watches and for the last year or so haven’t been itching to pull the trigger on something. I do think when I consolidated my collection I made sound purchases, and the few watches on my radar are simply not attainable without a long wait or high premium.


Sent from my iPhone using Tapatalk
srvrf is offline   Reply With Quote
Old 30 September 2020, 01:06 PM   #22
snarkq
"TRF" Member
 
Join Date: Apr 2018
Location: USA
Posts: 125
I think the interesting stories are moving to independents. There is still passion out there. Step away from the Rolex hype and explore what's out there - you might find something you like.
snarkq is offline   Reply With Quote
Old 30 September 2020, 01:07 PM   #23
Maxy
"TRF" Member
 
Join Date: Jun 2013
Location: TX
Watch: Daytona
Posts: 3,231
Quote:
Originally Posted by FTX I View Post
With all the changes that happened on the last couple years would you agree that watch collecting got popular for the wrong reasons and is getting uncool? If you don't agree no problem. I'm just asking.
Yeah agree kinda.. Earlier when we were able to get Rolex easily, it used to be appear as hobby and now when its hard to get Rolex, suddenly the same collection appears to be an investment!
Maxy is online now   Reply With Quote
Old 30 September 2020, 01:25 PM   #24
RyanJ
"TRF" Member
 
Join Date: Mar 2019
Location: Atlantis
Posts: 1,448
Watch collecting is great. Especially if you collect many brands. If you only collect one brand or only "hot" watches then I can understand your issues.
RyanJ is offline   Reply With Quote
Old 9 October 2020, 02:55 AM   #25
Calborn
"TRF" Member
 
Calborn's Avatar
 
Join Date: Mar 2019
Location: Silicon Valley
Watch: GMT, Daytonas
Posts: 174
Quote:
Originally Posted by RyanJ View Post
Watch collecting is great. Especially if you collect many brands. If you only collect one brand or only "hot" watches then I can understand your issues.
Agreed.

The masses mainly gravitate towards the typical overhyped pieces from Rolex, Patek Philippe, and Audemars Piguet. For collectors and enthusiasts who buy what they like and can brush off the peer pressure, everything else is attainable from a supply perspective.
Calborn is offline   Reply With Quote
Old 9 October 2020, 03:11 AM   #26
FTX I
"TRF" Member
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
Quote:
Originally Posted by Calborn View Post
Agreed.

The masses mainly gravitate towards the typical overhyped pieces from Rolex, Patek Philippe, and Audemars Piguet. For collectors and enthusiasts who buy what they like and can brush off the peer pressure, everything else is attainable from a supply perspective.
Not my case though. I like many brands. If you pay attention to the main subforum you'll probably get where I'm coming from. I thought this discussion was over but one of our members brought it back today and it's nice to read all the posts after some time.
FTX I is offline   Reply With Quote
Old 16 December 2020, 10:54 AM   #27
Tricolore66
2024 Pledge Member
 
Join Date: Sep 2019
Location: USA
Posts: 1,139
Bingo! It's not for a love of watches, it's for a love of trophies.

Quote:
Originally Posted by RyanJ View Post
Watch collecting is great. Especially if you collect many brands. If you only collect one brand or only "hot" watches then I can understand your issues.
Tricolore66 is offline   Reply With Quote
Old 30 September 2020, 02:06 PM   #28
L_S_SHOE
"TRF" Member
 
L_S_SHOE's Avatar
 
Join Date: Oct 2019
Location: Tennessee, USA
Watch: 16800
Posts: 584
Collecting watches is getting uncool.

You bring up an interesting point. I do think some people are interested for the right reasons, and others for the wrong reasons.

How can a person’s reasons be right or wrong? The right reasons don’t impact anyone else’s ability to enjoy the hobby. The wrong reasons do. Individuals who talk about watches as investments, in terms of resale, and who buy because they are insecure and in the name of one-upmanship hog supply and prevent others with a more genuine love of watches from being able to get what they want.


Sent from my iPhone using Tapatalk
L_S_SHOE is offline   Reply With Quote
Old 30 September 2020, 02:43 PM   #29
Pw92676
"TRF" Member
 
Join Date: Jan 2018
Location: Georgia
Posts: 6,309
I definitely think there is an element of “been there, done that” as any collection (watches or otherwise) grows. To combat that I try to be selective and seek out variety. And avoid impulse buys.
Pw92676 is online now   Reply With Quote
Old 30 September 2020, 02:52 PM   #30
FTX I
"TRF" Member
 
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
In a bizarre future of increased popularity: omg what a cute little baby what's his name. sky dweller. come again. sky dweller but we just call him sky.
FTX I is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.