ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

haven_seeker · 2 April 2020, 09:09 PM

Just curious in light of recent events.

Is everyone still holding onto all their pieces or did you move some recently?

No need to specify how many of each sold and for how much - keep it simple

Personally...I still have all mine.

Marcjvr · 2 April 2020, 09:43 PM

It does seem like a lot of people are trying to sell now while still near the top.

Lots of subs hitting the For Sale section all of a sudden. Prices on subs seem to be headed back to MSRP

I am not selling, however I do want to buy one. But I have decided to wait 1-2 months though to see what happens with the economy.

Patton250 · 2 April 2020, 09:47 PM

Well with 3.5 million Americans applying for unemployment last week alone and another month of shut down in front of us I suspect you’re going to see people selling a lot more than watchers in the coming months.

As for me though no. I won’t be selling anything unless I get bored of it.

Sandpit · 3 April 2020, 12:17 AM

Quote:

Originally Posted by Patton250

Well with 3.5 million Americans applying for unemployment last week alone and another month of shut down in front of us I suspect you’re going to see people selling a lot more than watchers in the coming months.

As for me though no. I won’t be selling anything unless I get bored of it.

Another 6.65 million this week! Wow!

peterpl · 3 April 2020, 08:33 AM

Quote:

Originally Posted by Patton250

Well with 3.5 million Americans applying for unemployment last week alone and another month of shut down in front of us I suspect you’re going to see people selling a lot more than watchers in the coming months.

As for me though no. I won’t be selling anything unless I get bored of it.

Its close to 10 million now applied for unemployment.

Ocog · 3 April 2020, 12:34 PM

Quote:

Originally Posted by Patton250

Well with 3.5 million Americans applying for unemployment last week alone and another month of shut down in front of us I suspect you’re going to see people selling a lot more than watchers in the coming months.

As for me though no. I won’t be selling anything unless I get bored of it.

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

bin31z · 3 April 2020, 04:07 PM

Quote:

Originally Posted by Ocog

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

3.5? Try 6.6 this week.

Arcticsub · 3 April 2020, 08:42 PM

Quote:

Originally Posted by Ocog

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

I've seen some heartless posts since the start of this outbreak, but this one truly takes the cake.

chaisson · 3 April 2020, 09:16 PM

Quote:

Originally Posted by Arcticsub

I've seen some heartless posts since the start of this outbreak, but this one truly takes the cake.

You hit the nail on the head.....

brandrea · 3 April 2020, 09:21 PM

Quote:

Originally Posted by Ocog

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

Do you travel much or just live in your little bubble? Lots of “low level” service employees wearing Rolex

GoingPlaces · 3 April 2020, 09:54 PM

Quote:

Originally Posted by Ocog

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

Wow, just wow.

Marcjvr · 3 April 2020, 10:29 PM

Quote:

Originally Posted by Ocog

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

Never look down on anybody unless you’re helping them up.

brmott · 3 April 2020, 11:49 PM

Quote:

Originally Posted by Ocog

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

Wrong. Try again. Man, the arrogance is abound. I’m in the oil/fuel industry. Lots of educated, hard working, experienced folks now without a job. Definitely not low level workers.

Rolex3135 · 3 April 2020, 11:59 PM

Quote:

Originally Posted by brmott

Wrong. Try again. Man, the arrogance is abound. I’m in the oil/fuel industry. Lots of educated, hard working, experienced folks now without a job. Definitely not low level workers.

Entire sales forces are being laid off or furloughed, from the absolute top. This isn’t going to get any better either.

Mbalce · 4 April 2020, 12:06 AM

Quote:

Originally Posted by brmott

Wrong. Try again. Man, the arrogance is abound. I’m in the oil/fuel industry. Lots of educated, hard working, experienced folks now without a job. Definitely not low level workers.

Gotta agree with you on this one. In the IT field. 6 months ago we were offering stupid wages for any decent Sales Engineers. Finding good people has been our companys biggest go to market challenge. Wages have increased over 50% for that position over the last 5 years.

We just laid off half of them.

Sent from my iPad using Tapatalk

dmash · 4 April 2020, 05:14 PM

Quote:

Originally Posted by Ocog

That 3.5M Unemployment claims are mostly from service industry employees or low level workers.

I hope those guys did not buy luxury items working in those types of roles.

Agree with others, quite frankly it’s astounding you made this post (as there may even be some service workers on this board). Not to mention, how ridiculous it is. I know people in hospitality having trouble that pull down 1% numbers and are cutting back on spending and having serious doubts. Get off your high horse.

‘Low level workers’ just shows how you envision yourself as better than others

brmott · 5 April 2020, 12:36 AM

Quote:

Originally Posted by dmash

Agree with others, quite frankly it’s astounding you made this post (as there may even be some service workers on this board). Not to mention, how ridiculous it is. I know people in hospitality having trouble that pull down 1% numbers and are cutting back on spending and having serious doubts. Get off your high horse.

‘Low level workers’ just shows how you envision yourself as better than others

People like Ocog are the type that life (AKA KARMA) hasn’t hit yet, but it will. KARMA doesn’t fail in teaching important lessons and humbling those who aren’t quick learners

myusernamez · 3 April 2020, 09:28 PM

Quote:

Originally Posted by Patton250

Well with 3.5 million Americans applying for unemployment last week alone and another month of shut down in front of us I suspect you’re going to see people selling a lot more than watchers in the coming months.

As for me though no. I won’t be selling anything unless I get bored of it.

I think you mean 6.6Million

beshannon · 2 April 2020, 10:19 PM

Equities yes, jewelry no

james.l · 2 April 2020, 11:27 PM

Quote:

Originally Posted by beshannon

Equities yes, jewelry no

I'd be buying equities now while they are on sale and hold them

Sent from my SM-G975F using Tapatalk

Ivan Drago · 3 April 2020, 11:00 AM

Yes

LandWatch · 2 April 2020, 11:43 PM

Quote:

Originally Posted by beshannon

Equities yes, jewelry no

Unless you’re desperate for the cash, now is definitely not the time to sell equities!

As Warren says ... "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."

chevy9 · 2 April 2020, 11:49 PM

Recently purchased a Sub Date, don't plan on selling any.

C_Troy242 · 3 April 2020, 02:39 AM

Quote:

Originally Posted by HighlandWatch

Unless you’re desperate for the cash, now is definitely not the time to sell equities!

As Warren says ... "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."

investors are nowhere near fearful enough ... When no one's talking about whether they should buy now anymore, that'll be closer.

---

And on the topic of watches, no.

brandrea · 3 April 2020, 01:08 AM

Quote:

Originally Posted by beshannon

Equities yes, jewelry no

I like you Brian

Wahlberg · 3 April 2020, 01:18 AM

It feels fresh though, seeing more listings from private parties. Kinda how it was +5 years ago, instead of all the dealer listings.

Ocog · 3 April 2020, 12:32 PM

Quote:

Originally Posted by beshannon

Equities yes, jewelry no

Not a good time to sell off equities. Its time to buy good value in the markets.

Yess · 2 April 2020, 10:32 PM

Second hand market coming back to earth.

I'll still buy at ADs if given the chance.

If you are looking for a second hand deal I'd hold out.

B2 Stealth · 2 April 2020, 10:50 PM

Purchased a Deep Sea JC 3 weeks ago for $12900. Took offers from 3 big gray market dealers. One wasn't interested at the present time. Two other offers were for $10,000 and $10500. Wife encouraged me to keep the watch and I will! Love the watch, money isn't the issue. These times scream of being frugal. Now I look at the watch as a ray of hope. Optimism for the future, better times ahead!

Nairn1980 · 2 April 2020, 11:37 PM

Quote:

Originally Posted by B2 Stealth

Purchased a Deep Sea JC 3 weeks ago for $12900. Took offers from 3 big gray market dealers. One wasn't interested at the present time. Two other offers were for $10,000 and $10500. Wife encouraged me to keep the watch and I will! Love the watch, money isn't the issue. These times scream of being frugal. Now I look at the watch as a ray of hope. Optimism for the future, better times ahead!

Did you buy it to flip or because you loved the watch?

2 April 2020, 09:09 PM	#1
haven_seeker "TRF" Member Join Date: May 2015 Location: Northern Ontario Watch: 19018N OQ Posts: 848	Anyone do some selling off lately? Just curious in light of recent events. Is everyone still holding onto all their pieces or did you move some recently? No need to specify how many of each sold and for how much - keep it simple Personally...I still have all mine.

2 April 2020, 09:47 PM	#3
Patton250 2024 Pledge Member Join Date: Oct 2015 Real Name: Brett Location: Florida Watch: 5205R Posts: 5,160	Well with 3.5 million Americans applying for unemployment last week alone and another month of shut down in front of us I suspect you’re going to see people selling a lot more than watchers in the coming months. As for me though no. I won’t be selling anything unless I get bored of it. __________________ 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

2 April 2020, 10:19 PM	#19
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	Equities yes, jewelry no __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

2 April 2020, 09:43 PM	#2
Marcjvr "TRF" Member Join Date: Sep 2017 Location: Southeast Watch: 214270 Posts: 2,749	It does seem like a lot of people are trying to sell now while still near the top. Lots of subs hitting the For Sale section all of a sudden. Prices on subs seem to be headed back to MSRP I am not selling, however I do want to buy one. But I have decided to wait 1-2 months though to see what happens with the economy.

3 April 2020, 11:00 AM	#21
Ivan Drago "TRF" Member Join Date: May 2019 Real Name: Bryan Location: Texas Watch: 116613LB Posts: 56	Yes

2 April 2020, 11:49 PM	#23
chevy9 Banned Join Date: Jan 2017 Real Name: Bill Location: Chicago Watch: GMT 126710BLNR Posts: 124	Recently purchased a Sub Date, don't plan on selling any.

3 April 2020, 01:18 AM	#26
Wahlberg "TRF" Member Join Date: Nov 2011 Location: Paris Posts: 3,590	It feels fresh though, seeing more listings from private parties. Kinda how it was +5 years ago, instead of all the dealer listings.

2 April 2020, 10:32 PM	#28
Yess "TRF" Member Join Date: Jan 2020 Location: Good Hope Watch: 124060 Posts: 1,596	Second hand market coming back to earth. I'll still buy at ADs if given the chance. If you are looking for a second hand deal I'd hold out.

2 April 2020, 10:50 PM	#29
B2 Stealth "TRF" Member Join Date: Mar 2020 Location: Midwest Posts: 1,716	Purchased a Deep Sea JC 3 weeks ago for $12900. Took offers from 3 big gray market dealers. One wasn't interested at the present time. Two other offers were for $10,000 and $10500. Wife encouraged me to keep the watch and I will! Love the watch, money isn't the issue. These times scream of being frugal. Now I look at the watch as a ray of hope. Optimism for the future, better times ahead!

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