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ezmoney46 · 19 March 2008, 02:59 PM

I was at an Ad today and they told me Rolex was scheduled for another price increase in May since the price of gold keeps going up, anyone else heard of this increase?

sea-dweller · 19 March 2008, 03:13 PM

I hope this isn't true ! I thought the last price increase was pretty substantial !

aeroguy · 19 March 2008, 03:26 PM

How much gold weight is really in a two tone?

cmr · 19 March 2008, 03:35 PM

Quote:

Originally Posted by aeroguy

How much gold weight is really in a two tone?

not very much, especially when you cut it 25% and make it 18k. there is about 14-16 grams of gold in a tt sub. do the math and don't forget to remove the cost of all that really expensive 904 ss from the equation.

puffnmo · 19 March 2008, 03:40 PM

Quote:

Originally Posted by aeroguy

How much gold weight is really in a two tone?

Not a whole lot, but don't know the exact amount. Maybe 1/2 ounce?

The economy is going kind of nuts.

Interest rates came down again, further weakening the dollar. Commodities are going up every day. Inflation is rearing it's head.

There are some who see Rolex watches as a commodity. (not many on TRF as far as I can tell, thank goodness.)

Where am I going with this... I'm going home, locking the door, making some nice spagetti for dinner, hunkering down with the wife and watching a good show on the tv. Larry.

CPTL · 19 March 2008, 03:54 PM

There is no way that your AD could know about another price increase. He's speculating.

Defiancekofb · 19 March 2008, 04:03 PM

Quote:

Originally Posted by ezmoney46

I was at an Ad today and they told me Rolex was scheduled for another price increase in May since the price of gold keeps going up, anyone else heard of this increase?

I think your AD is trying to work his salesperson charm so you buy another Rolex before May. Fear tactic if you will............

TempoKing · 19 March 2008, 07:14 PM

To tell you the truth with all the cataclysmic price changes that are taking place lately, nothing surprises me anymore. When the Rolex board decided the price increase, gold was trading around $675 oz. now this precious metal (true meaning) is racing towards 1100 and personally I expect over 2.000 dollars in the very near future, I enjoy these changes because you can really see what humanity is all about.

frostie · 19 March 2008, 07:18 PM

Hope that there will be another price increase

seantk · 19 March 2008, 08:31 PM

Quote:

Originally Posted by ezmoney46

I was at an Ad today and they told me Rolex was scheduled for another price increase in May since the price of gold keeps going up, anyone else heard of this increase?

It is a little early for April fools jokes. I hope your AD was joking

Quote:

Originally Posted by frostie

Hope that there will be another price increase

Why would you want another price increase

Sean

walds11 · 19 March 2008, 08:37 PM

Yeah Frostie, why would you want another price increase?

Quote:

Originally Posted by seantk

Why would you want another price increase

Sean

fear · 19 March 2008, 08:45 PM

Ugh....

fwellers · 19 March 2008, 08:46 PM

Quote:

Originally Posted by frostie

Hope that there will be another price increase

:comeandg e

Scarface · 19 March 2008, 08:54 PM

Quote:

Originally Posted by frostie

Hope that there will be another price increase

I think he meant "Hope that there will NOT be another price increase"

unless if he has already invested in a big stock of them

SPACE-DWELLER · 19 March 2008, 10:43 PM

Here's a thread about amounts of gold in TT and all-gold Rolex watches.

McQ · 19 March 2008, 11:35 PM

At first I was irritated about the last increase since I NEED at least 4 more watches. Now I've decided to buy only preowned so the increases don't hurt as much.

cbrenthus · 19 March 2008, 11:45 PM

I don't believe it, but I also don't completley doubt it. Nobody knows for sure what Rolex is going to do until they do it. However, the higher cost of gold did not cause the TT and gold models to go up as much as we thought they would, so I don't see why it would now.

walds11 · 19 March 2008, 11:47 PM

Nothing wrong with buying pre-owned as long as you do yuor homework.

Quote:

Originally Posted by McQ

At first I was irritated about the last increase since I NEED at least 4 more watches. Now I've decided to buy only preowned so the increases don't hurt as much.

tinknock71 · 20 March 2008, 12:13 AM

In todays world nothing would surprise me anymore.

frostie · 20 March 2008, 03:34 AM

Quote:

Originally Posted by fwellers

:comeandg e

Quote:

Originally Posted by walds11

Yeah Frostie, why would you want another price increase?

Quote:

Originally Posted by seantk

It is a little early for April fools jokes. I hope your AD was joking

Why would you want another price increase

Sean

Guys it was typo i made a mistake

What i wanted to say was i hope that there will not be a price increase

seantk · 20 March 2008, 03:42 AM

Quote:

Originally Posted by frostie

Guys it was typo i made a mistake

What i wanted to say was i hope that there will not be a price increase

We figured that is what you meant

Sean

GoldenBear · 20 March 2008, 03:44 AM

Like any other company that uses commodities, I am sure they hedge their positions. I bet they are very active in the metals markets, which would help off-set price future increases in these metals.

DSJ · 20 March 2008, 03:46 AM

The interesting thing is that the percentage increases earlier this month were less for TT and 18K models, and higher for steel, showing their desired increased profit margin on the more "affordable" models. They have no problem paying for the metal in their watches.

fwellers · 20 March 2008, 03:58 AM

Quote:

Originally Posted by frostie

Guys it was typo i made a mistake

What i wanted to say was i hope that there will not be a price increase

then why didn't you just say so, Tosser.

Stratton · 20 March 2008, 05:24 AM

There were 2 price increases in the UK within a few months of each other in 1999.

tnt · 20 March 2008, 05:28 AM

told people that I will exit gold when it reaches $1200 level.......therefore, another Rolex prices increase is impossible for this year, imo.

frostie · 20 March 2008, 06:17 AM

Quote:

Originally Posted by fwellers

then why didn't you just say so, Tosser.

Well i didn't have time to log in during the day

Welshwatchman · 20 March 2008, 06:19 AM

My GMT II weighs 231g, 175g @ 24k Gold.

At the current gold price X 6.2 ounces that makes ... um.

$1,000,000,000,000.

I will accept trades of 6541 Milg, plus a couple of vintage newman daytonas.

fwellers · 20 March 2008, 06:43 AM

Quote:

Originally Posted by frostie

Well i didn't have time to log in during the day

Now I've heard them all.

I bet there are people who want the price to increase so they feel like they're sporting some 'equity' on their wrist.

frostie · 20 March 2008, 07:00 AM

Quote:

Originally Posted by fwellers

Now I've heard them all.

I bet there are people who want the price to increase so they feel like they're sporting some 'equity' on their wrist.

Rolex watches are not that cheap my friend

I paid 8588$ to obtain mine

19 March 2008, 02:59 PM	#1
ezmoney46 Member Join Date: Nov 2006 Real Name: steve Location: florida Watch: several Posts: 711	Another price increase? I was at an Ad today and they told me Rolex was scheduled for another price increase in May since the price of gold keeps going up, anyone else heard of this increase?

19 March 2008, 03:54 PM	#6
CPTL "TRF" Member Join Date: Jul 2007 Real Name: Kevin Location: Texas on my mind Watch: Sub Date; SS/WG DJ Posts: 2,445	There is no way that your AD could know about another price increase. He's speculating. __________________ 16610 Submariner Date; D Serial 16234 DateJust SS with WG Fluted Bezel & Jubillee, White Roman Dial; F Serial 16570 Explorer II White Dial; M Serial And Hers: 78240 Mid-Size DateJust SS with Domed Bezel & Oyster, White Roman; D Serial

19 March 2008, 07:18 PM	#9
frostie 1,000,000th PostMember Join Date: Jun 2007 Location: Earth Posts: 14,048	Hope that there will be another price increase __________________ GMT - Master II C - 116710 LN

19 March 2008, 10:43 PM	#15
SPACE-DWELLER "TRF" Member Join Date: Apr 2007 Real Name: Bo Location: Denmark Watch: Rolex, of course! Posts: 22,436	Here's a thread about amounts of gold in TT and all-gold Rolex watches. __________________ With kind regards, Bo LocTite 221: The Taming Of The Screw...

19 March 2008, 11:45 PM	#17
cbrenthus "TRF" Member Join Date: Feb 2007 Real Name: Brandon Location: FL Watch: ing my second hand Posts: 869	I don't believe it, but I also don't completley doubt it. Nobody knows for sure what Rolex is going to do until they do it. However, the higher cost of gold did not cause the TT and gold models to go up as much as we thought they would, so I don't see why it would now. __________________ www.bknicholas.com www.myspace.com/bknicholas

19 March 2008, 03:13 PM	#2
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	I hope this isn't true ! I thought the last price increase was pretty substantial !

19 March 2008, 03:26 PM	#3
aeroguy Member Join Date: Oct 2006 Location: Seattle Posts: 52	How much gold weight is really in a two tone?

19 March 2008, 07:14 PM	#8
TempoKing Banned Join Date: Jan 2008 Real Name: Anastasios Location: Athens Greece Watch: Rolex GMT 1675 Posts: 8,497	To tell you the truth with all the cataclysmic price changes that are taking place lately, nothing surprises me anymore. When the Rolex board decided the price increase, gold was trading around $675 oz. now this precious metal (true meaning) is racing towards 1100 and personally I expect over 2.000 dollars in the very near future, I enjoy these changes because you can really see what humanity is all about.

19 March 2008, 08:45 PM	#12
fear "TRF" Member Join Date: Feb 2007 Location: Mililani, Oahu Posts: 1,307	Ugh....

19 March 2008, 11:35 PM	#16
McQ "TRF" Member Join Date: Dec 2007 Real Name: Bill Location: PA, USA Watch: Sub LV Posts: 72	At first I was irritated about the last increase since I NEED at least 4 more watches. Now I've decided to buy only preowned so the increases don't hurt as much.

20 March 2008, 12:13 AM	#19
tinknock71 "TRF" Member Join Date: Feb 2008 Real Name: Derik Location: Michigan Watch: GMT IIC Posts: 101	In todays world nothing would surprise me anymore.

20 March 2008, 03:44 AM	#22
GoldenBear "TRF" Member Join Date: Jun 2007 Location: San Francisco Watch: Submariner Posts: 2,480	Like any other company that uses commodities, I am sure they hedge their positions. I bet they are very active in the metals markets, which would help off-set price future increases in these metals. __________________ ____________________________________________ Rolex Blue TT Submariner Rolex SS Submariner Breitling Emergency Mission They are just watches, wear 'em. ____________________________________________

20 March 2008, 03:46 AM	#23
DSJ "TRF" Member Join Date: Dec 2007 Real Name: David Location: USA Watch: your step! Posts: 7,882	The interesting thing is that the percentage increases earlier this month were less for TT and 18K models, and higher for steel, showing their desired increased profit margin on the more "affordable" models. They have no problem paying for the metal in their watches. __________________ Rolex. The Rolex of watches. 16570 Expy2 Noir, 116710 GMT Master II, 2552.80 SMP

20 March 2008, 05:24 AM	#25
Stratton "TRF" Member Join Date: Dec 2007 Location: UK Posts: 429	There were 2 price increases in the UK within a few months of each other in 1999.

20 March 2008, 05:28 AM	#26
tnt "TRF" Member Join Date: Oct 2007 Location: USA Posts: 868	told people that I will exit gold when it reaches $1200 level.......therefore, another Rolex prices increase is impossible for this year, imo.

20 March 2008, 06:19 AM	#28
Welshwatchman "TRF" Member Join Date: Apr 2006 Real Name: Paul Location: Wales, UK Posts: 14,578	My GMT II weighs 231g, 175g @ 24k Gold. At the current gold price X 6.2 ounces that makes ... um. $1,000,000,000,000. I will accept trades of 6541 Milg, plus a couple of vintage newman daytonas.

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