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Old 1 May 2008, 07:50 AM   #1
Bama
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NO Rolex Now and What I've Learned

Well my friends, I come before you today no longer a Rolex owner I first purchased my LV Sub last year and loved it - what a fantastic watch. It was a sacrifice to finally get it. However, my eye began to wander and I flipped it for something else that I was obsessed with at the moment - a DateJust. I loved that watch but then missed having a sports model so I flipped for a pre-owned sports model ( I really miss that white dial DateJust). The pre-owned sports model arrived and I just couldn't handle paying that much for a watch and there being scratches or imperfections that weren't caused by me so I sent it back. The problem is that I've taken enough of a loss each time that I can no longer afford the watch I want. I just bought an Omega Planet Ocean to help console myself. It's a great watch and I'm very happy to have it but honestly it's a substitute. So, here is what I've learned along my high-end watch journey so far.

1. Do your homework before you make such a large purchase. Make sure you are getting the watch you really want, not an alternative (Exceptions are YG DayDate and Daytona as those are out of reach for many).

2. Flipping a watch is OK if you are getting what you want in return. However, flip for a watch you want but make sure you are getting rid of something you no longer want. Otherwise you'll just end up missing the watch you got rid of.

3. Most of us can't afford to have all the watches we want. Part of the WIS syndrome is that you are always fascinated by other watches and want them as part of the collection - not always possible and you can flip yourself crazy trying to make it so. Learn to deal with it and plan smartly.

4. Yes, Rolex holds their value better than most other brands, but flipping too soon will almost always result in a financial loss. If you can't afford to take that loss then be very careful before doing so.

5. There are many acceptable and reliable ways to purchase a Rolex, but nothing feels better than walking out of an AD with a brand new one.

6. TRF is without a doubt the best watch forum on the internet.

7. There are many other great watch brands out there. I love my new Planet Ocean. However, nothing feels quite as good as strapping a ROLEX to your wrist.

So, there are just a few of the things I've learned so far. My journey now begins again for another Rolex. A positive career change looks very possible for later in the year, which will bring with it a significant increase in income. Hopefully that will mean that before too long I'll rejoin the proud ranks of Rolex owners
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Old 1 May 2008, 07:54 AM   #2
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Sorry to hear you have to "go without" for awhile.
On a side note, that was a well written post and great advice.
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Old 1 May 2008, 08:10 AM   #3
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Are you talking about women or Rolexs?
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Old 1 May 2008, 08:27 AM   #4
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Are you talking about women or Rolexs?
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Old 1 May 2008, 02:50 PM   #5
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women or rolex..?...

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Are you talking about women or Rolexs?
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Old 1 May 2008, 03:16 PM   #6
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Experience, is the best teacher! Thank you for a great post.
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Old 2 May 2008, 03:22 AM   #7
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Experience, is the best teacher! Thank you for a great post.

Time is also a great teacher...Unfortunately, it kills all of it's students!

Sorry, couldn't resist!
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Old 1 May 2008, 08:35 AM   #8
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I guess the lesson is that you should easily be able to afford the things you buy AND buy the things that you really want the first time. Don't settle. If something it is out of reach, just wait a little longer for the right one.
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Old 1 May 2008, 08:47 AM   #9
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Well said Michael.
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Old 1 May 2008, 09:03 AM   #10
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Michael, that was a well written post that obviously had a lot of heart put into it. I hope you get the watch of your dreams before too long!!
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Old 1 May 2008, 09:06 AM   #11
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Excellent post Michael.
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Old 1 May 2008, 09:08 AM   #12
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Well written but I want to tell you that I am suffering an addiction to wanting flat panel televisions. I have bought and sold most Rolex models and moved on to flat panels. My 2 cents-
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Old 1 May 2008, 09:35 AM   #13
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Michael, what a great post! I totally understand where you're coming from, as you know. It's true that you don't know what you have til it's gone...whether it be watches or something else!

Enjoy that PO and I do hope you will have another Rolex soon again. No doubt you'll pick the 'right' one
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Old 1 May 2008, 09:40 AM   #14
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Very true, Mike. Tough to learn those lessons but better to have suffered and learned than to keep repeating the same mistakes.
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Old 1 May 2008, 10:22 AM   #15
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Great post Michael. I'm sure it won't be long before you are back in the Rolex fold. The PO is a great watch. Good luck with career move.
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Old 1 May 2008, 10:30 AM   #16
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Great advice! Hopefully there will be a watch on your wrist soon

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Old 1 May 2008, 10:32 AM   #17
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Thanks for the kind words, everyone. Truthfully, I've always wanted a Sub AND a DateJust. I had the Sub, but didn't have the patience to wait for the DateJust so I flipped. Now I'm without both. However, I've learned and don't plan on making the same mistakes again hopefully. Currently, it's just not responsible for me to try to pour any more money into a Rolex just to bail myself out of a mistake. I fully intend to be back in the Rolex game before "too" long. Also, I don't plan on abandoning TRF.
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Old 1 May 2008, 12:43 PM   #18
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Originally Posted by Bama View Post
Thanks for the kind words, everyone. Truthfully, I've always wanted a Sub AND a DateJust. I had the Sub, but didn't have the patience to wait for the DateJust so I flipped. Now I'm without both. However, I've learned and don't plan on making the same mistakes again hopefully. Currently, it's just not responsible for me to try to pour any more money into a Rolex just to bail myself out of a mistake. I fully intend to be back in the Rolex game before "too" long. Also, I don't plan on abandoning TRF.
Thank you for your heartfelt story. I have those exact two watches (TT Sub and TT DJ) and it is TRF that helped me rediscover and appreciate my long forgotten DJ. Reading these forums I recently sent my 1992 DJ in for servicing at RSC and it came back looking brand new! (I know, I still owe the members some pics-they're coming. I promise.) Many of us are always looking over our shoulder at what the next person has, lusting for more. Your story is a reminder that many of us, including myself, have what is a dream collection for others. Listening to your story there is no doubt you will come out on top again my friend. You did it once, you'll do it again.

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Old 1 May 2008, 10:34 AM   #19
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Great post Michael. I'm sure it won't be long before you are back in the Rolex fold. The PO is a great watch. Good luck with career move.

Thanks Buz. I'm hoping to make the jump from local law enforcement to federal law enforcement this year. Also, I need to make sure I've set aside a little money for the upcoming college football season (traveling and watching - not gambling).
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Old 1 May 2008, 10:45 AM   #20
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I've done the exact same thing with cars. I have lost over $10K in the past 6 years flipping cars. When I could finally afford the Rolex I wanted I went for what I have lusted for since I was a teenager and I have had no regrets. I will not be flipping it anytime in the foreseeable future. I will most likely purchase one other Rolex but it will be the other model I have lusted over for so many years (black face Explorer II). You speak the real truth. Make sure you get what you want and if you can not wait until you can. You will never be truly happy with a substitute. That logic can be applied to anything in life.

I hope you make your way back to the Rolex family soon.

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Old 1 May 2008, 10:55 AM   #21
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Stick around here and you'll be back in the Rolex game in no time...
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Old 1 May 2008, 10:50 AM   #22
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I have owned a PO myself, loved it too but, it's no Submariner. I never wore it after I got my Sub so off it went.

Here it was


with a strap

with the bracelet
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Old 1 May 2008, 11:16 AM   #23
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Sounds like great advice. I myself always wanted a rolex sub, was in florida last summer and saw the lv sub. Fell in love at first sight, to this day, still love it. Of course I was 23 years old at the time, a little out of the price range, but you only live once. I maybe stupid, but I am making payments, about 300 a month till its paid. Hopefully will have it for life. Keeps me from smoking too, if I ever start smoking again, promised myself I would get rid of it. Good motivation for me. Might get another one day when that time for servicing comes about. Love the site, learned a lot from you guys and gals :)
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Old 1 May 2008, 11:26 AM   #24
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Thank you for passing your wisdom on to us. Yes, there are so many choices out there and as usual the grass isn't always greener. I'm a sentimental person, so I'll never sell my first Rolex Sub-Date unless absolutely necessary to support my family.
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Old 1 May 2008, 11:53 AM   #25
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I feel your pain.

Been there done that. I have learned my lesson. Fourtunately I have corrected one of those mistakes this week with a watch I let go along time ago. It should be here soon. Good luck Michael you will get another one; Jim
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Old 1 May 2008, 12:31 PM   #26
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Old 1 May 2008, 05:58 PM   #27
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That is one honest post Michael and I really wish that you get your Rolex back asap.
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Old 1 May 2008, 06:02 PM   #28
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Man, how I could of written that in times gone by. It is an easy trap to fall into. My wife's convinced its a male thing.

Thanks for posting and good luck
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Old 1 May 2008, 10:23 PM   #29
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Sorry to hear it......

Sorry to read about your situation, but as others have written here, I'm certain you'll have a Rolex on wrist again before too soon.

Best,

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Old 1 May 2008, 11:34 PM   #30
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Great post...I think we all can relate to that...at least I can...just started out on the Rolex thing,but Im a long time vintage bike and car owner/flipper...
...very well said!!!!
One thing is true,take your time,and you'll be back in the game sooner than expected!!!!
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