The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 24 June 2019, 10:33 AM   #91
inadeje
2024 SubLV41 Pledge Member
 
inadeje's Avatar
 
Join Date: Jan 2013
Location: Miami
Watch: me lose count.
Posts: 5,907
My story is one of certainty, because I personally know (outside their work) two AD employees. One is in Miami and, has worked for AD for +5 years. The other is in Panama, Panama City +7 years. The Miami employee says he’s never physically seen a Daytona for sale. The Panama employee says she’s seen both black and white once. These numbers are in the whole term they’ve worked there, not this year.
__________________
♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41
inadeje is offline   Reply With Quote
Old 24 June 2019, 10:38 AM   #92
s.m.b.
"TRF" Member
 
s.m.b.'s Avatar
 
Join Date: Jul 2017
Location: the Far West
Posts: 1,282
Quote:
Originally Posted by inadeje View Post
My story is one of certainty, because I personally know (outside their work) two AD employees. One is in Miami and, has worked for AD for +5 years. The other is in Panama, Panama City +7 years. The Miami employee says he’s never physically seen a Daytona for sale. The Panama employee says she’s seen both black and white once. These numbers are in the whole term they’ve worked there, not this year.
Probably because they're spoken for and not making it the case, but these ADs have most definitely been receiving Daytonas. If it's not this, then they must be going out the door on their days off.
__________________
Rolex & Patek Philippe
s.m.b. is offline   Reply With Quote
Old 24 June 2019, 12:21 PM   #93
Muxi
"TRF" Member
 
Join Date: May 2018
Location: Philippines
Posts: 1,823
Quote:
Originally Posted by Maxy View Post
Do not agree, there are many AD's in some countries which never saw Daytona. For example an AD in a country like India can't get you a Daytona. Rolex won't even send one there.

Sent from my SM-N950U1 using Tapatalk
How can that be? There are more than 1.3-billion people in India.
Muxi is offline   Reply With Quote
Old 24 June 2019, 01:06 PM   #94
mrN
"TRF" Member
 
mrN's Avatar
 
Join Date: Aug 2018
Location: Beverly Hills
Posts: 228
Here is another point of view to try to reverse engineer the amount of Daytonas produced.

There’s around 300 SS Daytonas for sale on Chrono24 and production started in 2016 so it’s been 3 years and few months since it was announced (March 2016).

Assuming they make 14.000 units per year that would be a total of 42.000 units in existence.

That would mean only 0.7% of the watches sold are now available on the second hand market. Let’s assume that half of them get sold every month and new units come to the market. That would make a total of 1800 units sold on the secondary market per year.

That makes 5400 (in three years) out of 42.000 units being sold by grey or private sellers.

12.8% of the watches end up on Chrono24

Obviously Chrono24 doesn’t represent the entire second hand market but it’s the biggest source for used watches.

Does it look feasible?








Sent from my iPhone using Tapatalk
mrN is offline   Reply With Quote
Old 24 June 2019, 01:08 PM   #95
brandog
Banned
 
Join Date: Dec 2013
Location: New York
Posts: 370
You guys have too much time on your hands.








Like the pun?
brandog is offline   Reply With Quote
Old 24 June 2019, 01:54 PM   #96
PeterC4
"TRF" Member
 
Join Date: Apr 2007
Location: Toronto, Canada
Posts: 149
Quote:
Originally Posted by brandog View Post
You guys have too much time on your hands.








Like the pun?
I do. 'time for posters to realize Rolex is letting demand make the purchase of a Rolex like buying a limited edition piece. Because every sports model is limited.

Perhaps a weaker pun, but I tried.
PeterC4 is offline   Reply With Quote
Old 24 June 2019, 04:17 PM   #97
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
Quote:
Originally Posted by Enicarman View Post
I can think of no other company that conveys to its customers the impression that the company is doing them a favour by selling to them. Neither can I think of any other group of customers who would be happy with this state of affairs and willing to wait years to be served.
Ferrari
APPRF is offline   Reply With Quote
Old 24 June 2019, 04:36 PM   #98
pam66
"TRF" Member
 
Join Date: May 2017
Location: cambridge
Posts: 2,340
Quote:
Originally Posted by HorologyK View Post
Sounds like nautilus scarcity
5711A production is estimated at around 1000 pieces per year, 5712A around 1200-1500.that is still a factor of 10.
pam66 is offline   Reply With Quote
Old 24 June 2019, 11:18 PM   #99
Turb0wned
"TRF" Member
 
Join Date: Mar 2013
Location: Florida
Posts: 150
Quote:
Originally Posted by Skylife View Post
14k per years but 85% will go to grey. Then VIP get the rest.
DING DING DING.

14k a year makes the watch NOT rare, but all this under the table stuff is the problem.
Turb0wned is offline   Reply With Quote
Old 24 June 2019, 11:47 PM   #100
MinMay
Banned
 
Join Date: Apr 2015
Location: United States
Posts: 2,410
Collectors are NOT buying it because it’s rare. They know it’s not rare. It’s an iconic watch that needs to be in their collection.
MinMay is offline   Reply With Quote
Old 25 June 2019, 05:17 PM   #101
Roli4life
"TRF" Member
 
Roli4life's Avatar
 
Join Date: Dec 2018
Posts: 1,079
Quote:
Originally Posted by Frank51 View Post
I had a fairly busy AD tell me something similar regarding SD43, like they only got 1 or 2 this past year, but the problem is you just can't believe anything they say anymore.


My AD said the same thing. Only 1 in 17, and 3 in 18.
He has no reason to lie since I’m not asking for one, but he was able to get 6 Daytona’s in 18. I am nagging him for one of those.
Roli4life is offline   Reply With Quote
Old 25 June 2019, 09:45 PM   #102
Tavli3
"TRF" Member
 
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 1,676
Rolex is one of the most secretive companies in the entire world. Do you think for one second that anyone worth anything that would know that kind of info at Rolex would divulge any production number to anybody outside the inner sanctum of Rolex? Please!

I am sure that production numbers are as guarded as the Ark of the Covenant was in the Holiest of Holiest rooms of Solomon's Temple. Only the high priest could walk in that room without getting vaporized by a death ray shooting directly out of the Ark!
I expect there is something similar at Rolex guarding sacred production numbers.
Tavli3 is offline   Reply With Quote
Old 29 May 2021, 07:46 AM   #103
johntictoc
"TRF" Member
 
Join Date: Feb 2020
Location: chicago
Posts: 91
So when they run the watch for 6 years there will be 100,000 in existence. Honk honk. Enjoy your “rare” piece.
johntictoc is offline   Reply With Quote
Old 29 May 2021, 08:15 AM   #104
SLWoodster
"TRF" Member
 
Join Date: Apr 2019
Location: California
Watch: GMT BLNR
Posts: 1,514
I have heard from my AD that Rolex does not make the daytona anymore.

Zenith makes the chronomaster sport and daytona on the same assembly line. Rolex just does the QC.

/s
SLWoodster is offline   Reply With Quote
Old 29 May 2021, 08:16 AM   #105
shaunylw
"TRF" Member
 
shaunylw's Avatar
 
Join Date: Jun 2013
Location: Here
Posts: 4,657
Quote:
Originally Posted by SLWoodster View Post
I have heard from my AD that Rolex does not make the daytona anymore.

Zenith makes the chronomaster sport and daytona on the same assembly line. Rolex just does the QC.

/s

No


Sent from my iPhone using Tapatalk
shaunylw is offline   Reply With Quote
Old 29 May 2021, 08:18 AM   #106
Nadster
"TRF" Member
 
Join Date: Feb 2019
Location: Rocky Mountains
Watch: DJ, Exp, Sub LB
Posts: 83
What you hear from a AD is here say unless they can prove it with some sort of official Rolex documentation.
Nadster is offline   Reply With Quote
Old 29 May 2021, 08:38 AM   #107
bob sims
Banned
 
Join Date: Apr 2021
Location: Fl
Posts: 1,165
Quote:
Originally Posted by johntictoc View Post
So when they run the watch for 6 years there will be 100,000 in existence. Honk honk. Enjoy your “rare” piece.
When you have triple that who are dying to get one and have the money honk, honk, that's the sound of greys making money.
bob sims is offline   Reply With Quote
Old 29 May 2021, 09:09 AM   #108
KeobNepo
"TRF" Member
 
KeobNepo's Avatar
 
Join Date: Apr 2021
Real Name: Keob Nepo
Location: Netherlands
Watch: 126710 BLRO
Posts: 411
That’s an ugly watch


Sent from my iPhone using Tapatalk
KeobNepo is offline   Reply With Quote
Old 1 February 2022, 08:00 AM   #109
DK7
"TRF" Member
 
Join Date: Jan 2022
Location: Europe
Posts: 346
How much PM Daytonas per year ?
DK7 is offline   Reply With Quote
Old 1 February 2022, 08:03 AM   #110
thenewrick
2024 Pledge Member
 
thenewrick's Avatar
 
Join Date: Sep 2020
Location: FL
Watch: OP41 Silver
Posts: 1,817
FWIW my AD says they get more steel Daytonas than any other reference, demand is just through the roof but they're common
thenewrick is offline   Reply With Quote
Old 1 February 2022, 10:30 AM   #111
Wine4Golf
"TRF" Member
 
Join Date: Dec 2015
Location: USA
Posts: 129
Quote:
Originally Posted by airchitect View Post
I found out one of the AD’s in my region put their relationship with Rolex on hold after they recently built out a new shop. Rolex wanted them to pay over 1.5MM to build out a boutique and basically stock it with DJs and OPs. Their reply back was not right now and not until we get watches we can sell. So for now they “hold the rights(?)” to sell Rolex in that area but simply don’t due to all of the shenanigans....

WOW I don’t understand why someone would open a Rolex boutique anymore. If I’m a person with the interest & capital to open a watch store why would I turn to Rolex when I see what’s going on with there AD’s/boutiques. To this day I don’t understand how the SAs are making a living wage anymore; there must be a lot of underhand business going on for them to survive.
Wine4Golf is offline   Reply With Quote
Old 1 February 2022, 11:03 AM   #112
WilsdorfNDavis
"TRF" Member
 
WilsdorfNDavis's Avatar
 
Join Date: Nov 2021
Location: In a handbasket
Posts: 1,268
....
WilsdorfNDavis is offline   Reply With Quote
Old 1 February 2022, 11:07 AM   #113
Screwly
"TRF" Member
 
Screwly's Avatar
 
Join Date: May 2020
Real Name: Screwly
Location: USA
Watch: “Pepsi”
Posts: 2,369
Quote:
Originally Posted by BIGAAPL View Post
WOW I don’t understand why someone would open a Rolex boutique anymore. If I’m a person with the interest & capital to open a watch store why would I turn to Rolex when I see what’s going on with there AD’s/boutiques. To this day I don’t understand how the SAs are making a living wage anymore; there must be a lot of underhand business going on for them to survive.

I’m sure AD’s, boutiques and SA’s are doing ok. They are selling watches everyday, and most likely every watch in every shipment they receive. Don’t let the empty cases fool ya! Rolex is sitting high and pretty much on autopilot right now. Mailbox money and us in sales calls it.
__________________
IG: htown_horology
126710blro jubilee
116500ln white dial
126613lb
326934 jubilee/blue dial
Screwly is offline   Reply With Quote
Old 1 February 2022, 12:04 PM   #114
1665fan
"TRF" Member
 
Join Date: Oct 2017
Location: East coast
Posts: 6,660
My AD said Rolex made 0 SS Daytonas last year….that’s why the waitlist is 15 years….
1665fan is offline   Reply With Quote
Old 1 February 2022, 01:22 PM   #115
samuel019
2024 SubLV41 Pledge Member
 
samuel019's Avatar
 
Join Date: Sep 2012
Real Name: Anthony
Location: Triad
Watch: Me go broke!!!!
Posts: 4,038
Quote:
Originally Posted by 1665fan View Post
My AD said Rolex made 0 SS Daytonas last year….that’s why the waitlist is 15 years….
How about PM? Maybe 1 a year?

Maybe that’s why they’re currently selling for 80-90k and why I’m still waiting Guess I’m just gonna have to be happy with my 500, 523, and 520. What I’d give for “this call”
__________________
Rolex Collection: A few here and there. Just ask
samuel019 is offline   Reply With Quote
Old 1 February 2022, 01:38 PM   #116
Screwly
"TRF" Member
 
Screwly's Avatar
 
Join Date: May 2020
Real Name: Screwly
Location: USA
Watch: “Pepsi”
Posts: 2,369
Quote:
Originally Posted by samuel019 View Post
How about PM? Maybe 1 a year?

Maybe that’s why they’re currently selling for 80-90k and why I’m still waiting Guess I’m just gonna have to be happy with my 500, 523, and 520. What I’d give for “this call”

It’s coming Sammy!
__________________
IG: htown_horology
126710blro jubilee
116500ln white dial
126613lb
326934 jubilee/blue dial
Screwly is offline   Reply With Quote
Old 1 February 2022, 03:11 PM   #117
rominvicta
2024 Pledge Member
 
Join Date: May 2017
Location: EU
Watch: DSSD, BLNR, SM, GM
Posts: 933
Quote:
Originally Posted by Screwly View Post
I’m sure AD’s, boutiques and SA’s are doing ok. They are selling watches everyday, and most likely every watch in every shipment they receive. Don’t let the empty cases fool ya! Rolex is sitting high and pretty much on autopilot right now. Mailbox money and us in sales calls it.
Correct. It can’t be easier than being a Rolex AD nowadays. Quantities of supply are predetermined and scheduled. Almost all pieces are pre sold in a decade. Cashflow and profit you may do with your eyes being closed. The difficult part is customer relationship management. You need to employ at least one psychologist.
rominvicta is offline   Reply With Quote
Old 1 February 2022, 10:11 PM   #118
DK7
"TRF" Member
 
Join Date: Jan 2022
Location: Europe
Posts: 346
To sam and others:)

How long you wait? Which specific model/ref.?
Is for example a 116508 YG Daytona with champagne/black subdials that hard to get and 80-90k market price?
DK7 is offline   Reply With Quote
Old 1 February 2022, 10:14 PM   #119
DK7
"TRF" Member
 
Join Date: Jan 2022
Location: Europe
Posts: 346
To Sam and others:

How Long you wait and wich specific Model/Ref?
Is say for a example a 116508 YG champagne/black subdial that hard to get and today market price at 80-90k?
DK7 is offline   Reply With Quote
Old 29 April 2022, 02:40 PM   #120
resort
"TRF" Member
 
Join Date: Jun 2021
Location: Hong Kong
Watch: the unobtainable
Posts: 51
Quote:
Originally Posted by Speed View Post
What if Rolex went public and you could see into more of their strategy...
What if Elon buys them out? Will be interesting
resort is offline   Reply With Quote
Reply


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

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

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches


*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.